Defence Budget

Explained: How China is ramping up its military capabilities

China has the world's largest standing army and navy, with Beijing announcing its biggest increase to military budget since 2019

China increases military spending in face of 'escalating' threats

The increase in the world's second-largest defence budget came as China's leaders said it would aim for economic growth of around five per cent for the coming year

Big worry for India, US as China signals major hike in defence budget

China’s defence budget is already the second biggest in the world after the US. The Chinese government has cited "complex security challenges" ahead of China’s annual Parliament session during which a new ministerial and official leadership is scheduled to be unveiled

Denmark scraps public holiday to boost defence spending

The government wants to use the money generated to raise the defence budget to NATO's target of 2 percent of GDP by 2030, instead of 2033 as previously planned

India keeps aside Rs90,000 Cr in Budget 23-24 for fuel, ammo, spares with eye on China, Ukraine war

This amount, which is around Rs 90,000 crore will be used for maintenance of weapons, equipment and other assets, replenishing stocks of fuel and ammunition and procurement of critical spares along with other capabilities. This amount excludes pay and other allowances

Here's why Japan is doubling its defence budget

During a meeting, PM Kishida asked Finance Minister Shunichi Suzuki and Defence Minister Yasukazu Hamada that the island country needs to urgently raise its defence budget by fiscal 2027

'Not a burden on economy': Army chief General Naravane on expenditure on armed forces

'A nation can survive the shocks that wipe out the share market and leaves thousands of investors bankrupt only when the armed forces of that country are strong,' he said

From Germany to China, how Russia-Ukraine conflict is forcing the world to ramp up defence budgets

Russia's invasion of Ukraine has prompted many countries to hike their defence budgets. Will this lead to more aggressive posturing or help in maintaining peace is yet to be decided

Union Budget 2022 by numbers: Rs 5.25 lakh cr for defence, Rs 7.50 lakh cr capital expenditure

The key takeaways from the fourth Budget of the second Narendra Modi government tabled by Finance Minister Nirmala Sitharaman in Parliament

Union Budget 2022: From 5G rollout by 2023 to issuance of e-passports, highlights from Nirmala Sitharaman’s speech

Speaking for a duration of one-and-a-half hour, the finance minister said that this budget would focus majorly on taking India@75 to India@100