AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflictSupplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...
23 May, 2026, 01.03 AM IST
Over 92,000 tech layoffs in just 5 months of 2026: AI replacing jobs faster than expected as Meta, Microsoft, Amazon job cuts trigger fear in USTech layoffs 2026: Over 92,000 tech jobs vanished by May 2026, with April seeing the worst layoffs in two years. US tech giants like Meta, ...
13 May, 2026, 06.52 PM IST
Pakistan Budget FY26: From GDP to fiscal deficit, capital expenditure, here's how it stands against IndiaPakistan unveiled its FY26 federal budget, reducing spending by 7% to $62 billion. The nation targets 3.6% growth. Fiscal deficit aims for ...
10 Jun, 2025, 08.02 PM IST
At third meeting of chief secretaries, Centre cautions against 'freebies'The Centre has advised state chief secretaries to avoid "freebies" and instead focus on increasing capital expenditure. The advice comes as...
01 Jan, 2024, 12.51 AM IST
Parliament panel for enhancing Army's capital budgetReferring to the challenges before the Army, the parliamentary standing committee cited proxy wars, in an apparent reference to Pakistan-ba...
22 Mar, 2023, 04.52 PM IST
Defence Budget of India 2023: India’s defence sector gets Rs 5.94 lakh crore for 2023-24According to 2023-24 budget documents, an allocation of Rs 2,70,120 crore has been made for revenue expenditure that includes expenses on p...
02 Feb, 2023, 10.21 AM IST
India third-largest military spender after the US and ChinaIndia’s annual military expenditure, of course, includes a huge pension bill for 33-lakh million veterans and defence civilians. In the 202...
27 Apr, 2021, 11.17 AM IST
Pakistan, Russia sign revised gas deal, rename project: ReportPreviously known as North South Gas Pipeline, under the new agreement Pakistan would hold 74 per cent stake in the Pakistan Stream Gas Pipe...
19 Nov, 2020, 05.36 PM IST
India third largest military spender in world, after US and ChinaIndia’s “tensions” and “rivalry” with Pakistan and China are among the main reasons for its increased military expenditure. India’s militar...
27 Apr, 2020, 05.23 PM IST
Forces need Rs 80,000 crore more for modernisation this yearThe cash-strapped forces contend they do not even have enough for 'committed liabilities' i.e. instalments for arms deals.
18 Sep, 2019, 10.52 AM IST
Forces seek Rs 27 lakh crore over next 5 years for defence projectsWith an eye firmly on China, there is also a separate plan for the strategically-located tri-Service Andaman and Nicobar Command.
12 Jul, 2018, 10.37 AM IST
India spends more on military officials than US, UK, says IDSAEven Pakistan which spends 42% of its total defence expenditure on personnel has been spending 26% on operations and maintenance, a higher ...
11 Jul, 2018, 05.32 PM IST
Leaner, meaner, integrated forces needed as purse strings tightened70-80% of the capital outlay every year goes for “committed liabilities or installments” for deals inked earlier, leaving very little for n...
06 Feb, 2018, 11.19 AM IST
How Chinese aggression, Pak nuisance fail to scare Jaitley enoughRising Pakistan-sponsored terror activities and frequent border skirmishes with China require Indian forces to ramp up their might.
01 Feb, 2018, 08.04 PM IST
Budget 2018: Defence to get a shot in arm; big push to 'Make in India' likelyEdelweiss Securities says market is looking at 12-15 per cent growth in defence allocation.
27 Jan, 2018, 01.48 PM IST
Bazooka hits military’s hopes of modernisationThe defence outlay works out to 1.63 per cent of the projected GDP for 2017-18, the lowest figure since the 1962 war with China.
02 Feb, 2017, 08.37 AM IST
- Urgent need to build defence capabilities: Parliamentary panel
Noting that India's defence expenditure was lowest compared to countries like China and Pakistan in terms of GDP, a panel today said.
30 Apr, 2012, 07.13 PM IST