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India to spend a whopping USD 130 billion for military modernisation in next 5-7 years

As India faces complex security threats, the government has firmed up a mega plan to spend USD 130 b...

Indian Navy needs "assured" budget support to build capability: Chief

The Indian Navy needs an "assured" budgetary support to build its capability, its chief Admiral Kara...

Marginal hike in budgetary allocation for Department of Space

The Department of Space has seen a marginal hike in the budgetary allocation from Rs 11,200 crore in...

Defence budget unchanged at Rs 3.18 lakh crore from interim budget

India's defence budget has remained unchanged at Rs 3.18 lakh crore, the amount set aside in the...

Pak parliament approves Rs 1,150 billion defence budget

Pakistan's parliament Thursday unanimously passed the Rs 1,152 billion defence budget for the next f...

No change in Pakistan's defence budget amid govt's austerity drive

Pakistan on Tuesday announced that its defence budget for the next fiscal year (2019-20) will remain...

Pak military to voluntarily cut defence budget

In an unprecedented voluntary move, Pakistan's military has decided to cut the defence budget for th...

China hikes defence budget by 7.5 per cent to USD 177.61 billion

China, the world's second largest military spender after the US, Tuesday announced a 7.5 per cent in...

China defends heavy defence spending, hints at further rise

China, the world's second largest military spender after the US, defended its massive allocation on ...


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