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MILITARY SPENDING TRENDS 2025
Air Marshal Ashutosh Dixit to be next Vice Chief of IAF, relinquishes CISC appointmentAir Marshal Ashutosh Dixit, a decorated pilot with extensive flying experience, is slated to become the next Vice Chief of the Air Staff on...- ‘Microsoft powered genocide for 994 days’: Employee quits in dramatic resignation email, sends 'unhappy email' to thousands of company's employees. Here's what he wroteA Microsoft employee in Italy has resigned, alleging the tech giant fuels Israel's military actions in Gaza. His farewell email claims Micr...
- Nearly 1 million new millionaires created worldwide in 2025, UBS report findsThe year 2025 saw a striking 10.8% increase in global personal wealth, the highest growth rate in years, unleashing nearly one million new ...
- How NATO will try to keep Trump happy at Ankara summitUS President Donald Trump is set to attend a NATO summit in Ankara, aiming to appease him after his criticism of allies' response to his Ir...
- Defence Minister misled Parliament on Op Sindoor martyrs, should resign: CongressCongress is demanding Defence Minister Rajnath Singh's resignation, alleging he misled Parliament about casualties during Operation Sindoor...
- BK Hariprasad demands Rajnath Singh's resignation, says accountability cannot be avoided for "misleading" Parliament on Op SindoorKarnataka Congress chief BK Hariprasad has demanded Defence Minister Rajnath Singh's resignation, citing a "serious contradiction" regardin...
- South Korea, Japan reaffirm denuclearisation goal, closer defence tiesSouth Korea and Japan are strengthening security ties, reaffirming their commitment to denuclearizing the Korean peninsula. Defence ministe...
- Myanmar overtakes Afghanistan as top illicit opium source; NCB flags India riskMyanmar has become the world's top source of illicit opium, surpassing Afghanistan due to its ongoing civil war and economic crisis. This s...
- Govt rebuts 'first recognition' reports on Operation Sindoor martyrsThe government has refuted claims that six soldiers killed in Operation Sindoor were only recently officially recognised. The Press Informa...
- Congress slams Centre over delay in recognising Operation Sindoor martyrsThe Congress has slammed the Centre for delaying recognition of six soldiers martyred in Operation Sindoor, a year after the Pahalgam terro...
- Russia fortifies Engels Airbase with hardened shelters for Tu-95 and Tu-160 strategic bombersRussia is fortifying its Engels Airbase with at least 17 new hardened aircraft shelters for its Tu-95MS and Tu-160 strategic bombers. This ...
- Government officially names, for the first time, 6 Indian military personnel killed in Operation SindoorFor the first time, the government has officially named six Indian soldiers, including five from the Army and one from the Air Force, who d...
- India's active credit cards cross 120 million in MayIndia’s credit card market crossed 120 million active cards in May, driven by strong new additions even as spending growth slowed, accordin...
- SBI Cards tops credit card additions in May as industry hits 12 crore milestone; spends grow 6.3% YoYIndia's credit card sector has surpassed 12 crore cards, with new additions surging 33.7% year-on-year in May 2026. Despite robust cardhold...
- US immigration custody death rate at decade high: Rights groupsThe rate of people dying in Immigration and Customs Enforcement (ICE) custody has reached its highest level in over a decade amid US Presid...
- BHIM Payments App transaction volumes triple in year: OfficialBHIM Payments App witnessed a remarkable surge, with transaction volumes tripling between June 2025 and May 2026, reaching 244 million mont...
- German naval ambitions suffer setback as warship order axedGermany on Wednesday pulled the plug on its largest naval order in decades after the anti-submarine warship project suffered delays, a setb...
- India's private investment gains overtakes government share post-COVID: ReportPrivate companies have emerged as the main drivers of investment in India after the pandemic, accounting for 71.3% of project announcements...
- Foreign whisky sales slow for second straight year as post-pandemic boom fadesGrowth in imported whisky sales slowed for a second consecutive year in 2025 across Scotch, Irish, Japanese and American categories, reflec...
- India 5th largest military spender in world in 2025, SIPRI report mentions May conflict with PakIndia emerged as the fifth largest military spender globally in 2025. The nation's defense expenditure reached USD 92.1 billion. India's nu...
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