In other news, Indigo’s net profit in the fourth quarter of 2017-18, down 73%
2 min read3 May 2018India’s defense spending rose by 5.5% to $63.9 billion in 2017 and has now passed France, the Stockholm International Peace Research Institute said
2 min read2 May 2018India’s strategists continue to dither about whether or not balancing or containing China should be its strategic objective
4 min read29 Mar 2018China insists its military spending is transparent and it poses a threat to nobody, simply needing to update old equipment and defend its legitimate interests
2 min read6 Mar 2018China military spending is expected to rise 8.1% to 1.11 trillion this year, says finance minister
1 min read5 Mar 2018National People’s Congress spokesman Zhang Yesui sidestepped a question about the figure at a briefing Sunday, saying defense spending had increased to make up for past shortcomings
1 min read4 Mar 2018US President Donald Trump has proposed in his annual budget to the Congress to convert US’ grant to Pakistan for purchase of military hardware into a loan
1 min read23 May 2017Jim Mattis pitches for $30-billion additional military spending this year to maintain a safe nuclear deterrent and decisive conventional force for fighting irregular enemies
2 min read23 Mar 2017The omission of the amount from Premier Li’s report submitted to the NPC sparked speculation and concern that China was keeping its defence budget under wraps
1 min read7 Mar 2017Donald Trump spoke against the military backdrop as he pushes for a US hike in defence spending that is likely to meet with stiff opposition in the Congress
1 min read3 Mar 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared