Despite budget cut, Def Min continues with modernisation drive

Last Updated: Sunday, January 12, 2014, 18:19

Despite resistance from Defence Ministry, the government has cut more than Rs 7,800 crore from the former`s budgetary allocation for this year.

BSF gets Rs 3,664 cr for infrastructure development

Last Updated: Friday, August 2, 2013, 18:09

A Rs 3,664.61 crore project for development of infrastructure at various establishments of the Border Security Force was approved by the government on Saturday.

US Army to cut 80,000 troops by 2017 to reduce budget

Last Updated: Wednesday, June 26, 2013, 11:01

The United States Army has announced to reduce its strength by a whopping 80,000 by 2017 as part of a budget-cutting plan, making it one of the largest force reductions since World War II.

Pakistan increases defence budget by 15 percent

Last Updated: Wednesday, June 12, 2013, 21:17

Pakistan`s cash-strapped new government announced a hefty 15 percent hike in its defence budget to Rs 627 billion.

Consider pre-CVC vetting to avoid murky deals: Parliamentary panel

Last Updated: Tuesday, April 30, 2013, 01:08

Involvement of Central Vigilance Commission (CVC) in defence deals can help avoid "murky" deals and blacklisting of firms, a Parliamentary Panel has said.

Pakistan finalises defence budget of over Rs 600 bn for 2013-14

Last Updated: Thursday, April 18, 2013, 18:13

The Pakistan government has finalised a defence budget of Rs 627 billion for next financial year.

Imran Khan opposes cut in Pak defence budget

Last Updated: Monday, April 1, 2013, 23:02

Pakistan Tehreek-e-Insaf chairman Imran Khan has opposed cuts in Pakistan`s defence budget saying the country is in a vulnerable state and is fighting on both its borders.

Govt to pump in Rs 15,000 cr to augment military production

Last Updated: Wednesday, March 20, 2013, 20:40

With focus on indigenisation to avoid scams in foreign acquisition, Defence Ministry today said it will be pumping Rs 15,000 crore to augment domestic military production for systems such as the indigenous 155mm artillery guns.

Pak govt gave military Rs 687 bn over annual budget

Last Updated: Wednesday, March 20, 2013, 16:47

An annual grant of about Rs 200 billion was kept under wraps for years by the government led by the Pakistan People`s Party.

What India should learn from Beijing?

Last Updated: Thursday, March 7, 2013, 16:36

China’s rapidly rising military spending has raised eyebrows in the Indian policy circles.

Defence budget cut not to hit operational capability: Antony

Last Updated: Wednesday, March 6, 2013, 13:48

Reduction of around Rs 14,000 crore in the defence budget for the current fiscal will not affect operational capabilities of the armed forces and important procurements will take place on time, Defence Minister A K Antony said.

China hikes defence budget to USD 115.7 billion

Last Updated: Tuesday, March 5, 2013, 18:46

China hiked its defence budget by a whopping 10.7 per cent to USD 115.7 billion, dwarfing India`s current defence spending of USD 37.4 bn, amid the communist giant`s military ambitions and territorial disputes with neighbours.