Defence Budget
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US wants oversight of Pakistan defence, intelligence budgets, seeks more accountability
World | September 21, 2025 12:24 ISTThe recommendation was included in the US Department of State's 2025 Fiscal Transparency Report, released on Friday. The annual assessment reviews budgetary openness across governments, focusing on how states disclose, audit, and manage public funds.
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Why is NATO raising defence spending to 5 per cent of GDP? Explained
Explainers | June 25, 2025 23:58 ISTAt a summit in The Hague, NATO members pledged to raise defence spending to 5 per cent of GDP by 2035, a major increase from the previous 2 per cent goal. The decision aims to counter growing threats from Russia, modernise military capabilities, and lessen reliance on the US.
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Pakistan hikes defence budget by 20 per cent after suffering heavy blow in India's Operation Sindoor
World | June 10, 2025 23:48 ISTThe announcement was made by Pakistan's Finance Minister Muhammad Aurangzeb during the presentation of the federal budget in the National Assembly on Tuesday.
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Pakistan to hike defence budget amid economic struggles and heightened tensions with India
World | May 26, 2025 17:45 ISTPaksitan's decision to hike it's defence budget has has raised alarm among economists who warn it could derail critical economic reforms and divert funds from essential social services.
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China hikes defence budget to record high, still trails behind US spending by considerable margin
World | March 05, 2025 16:29 ISTChina has increased its defence budget to USD 249 billion, which falls considerably short US spending of USD 890 billion as proposed by President Donald Trump.
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Budget 2025: Government allocates Rs 6.81 lakh crore to defence, over 9 pc hike from last year
Budget | February 01, 2025 16:22 ISTBudget 2025: According to an official release, this year's budget allocation is 9.53 per cent more than the Budgetary Estimate of FY 2024-25 and stands at 13.45 per cent of the Union Budget, which is the highest among the ministries.
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Union Budget: How much defence funding was allocated in last year's budget? Check here
Budget | January 22, 2025 8:59 ISTBudget 2025: As the Union Budget is set to be presented on February 1 for this fiscal, experts predict a moderate increase in the allocation for the defence sector this year. Here is a look at India's defence allocation in last year's budget.
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Budget 2025: How much hike can be expected in defence allocation and where will the focus lie?
Budget | January 21, 2025 8:40 ISTBudget 2025: Despite being the 4th largest defence spender globally, India continues to rely on imports for 35% of its defence needs. As India continues to prioritise self-reliance and modernisation in its armed forces, the defence allocation is expected to see a significant increase this time.
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Budget 2025: Why is it crucial to increase India's military spending amid global instabilities?
Budget | January 15, 2025 13:48 ISTBudget 2025: As the Union Budget 2025 is approaching, the spotlight is on India's defence budget. Amid escalating global tensions and regional instabilities, the case for enhanced military spending has never been more compelling.
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Japan approves record defence budget with plans to become 3rd highest spender: What is India's rank?
World | December 27, 2024 23:51 ISTThe Japanese Cabinet has given its go-ahead to increase the country's defence budget to 8.7 trillion yen ($55 billion) in 2025. Japan currently seeks to shield itself from threats emerging from rivals like North Korea and China.
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Russia hikes defence budget by 23 per cent amid ongoing Ukraine war
World | September 30, 2024 20:04 ISTEarlier, Russian President Vladimir Putin said his military had received around 140,000 drones in 2023 and that Moscow planned to increase this number tenfold this year.
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Defence Ministry gets highest allocation in Union Budget 2024, Rajnath Singh reacts
India | July 23, 2024 18:40 ISTNirmala Sitharaman, Union Finance Minister allocated the highest amount to Defence among all the ministries. The allocation for the Defence Ministry is 12.9 per cent of the total budget for fiscal year 2024-25.
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Ahead of budget 2024, Vice Chief of the Air Staff Air Marshal bats for 'atmanirbharta' in defence
Budget | July 22, 2024 19:17 ISTVice Chief of the Air Staff, Air Marshal AP Singh emphasised that the "biggest lesson that we have learned from today's geopolitics is to be self-reliant".
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Budget 2024: How much defence funding was allocated during the interim budget passed in February?
Budget | July 22, 2024 19:17 ISTIn the interim Union budget presented in Parliament by Finance Minister Nirmala Sitharaman in February, a total of Rs 1.72 lakh crore was set aside to the military for capital expenditure that largely includes purchasing new weapons, aircraft, warships and other military hardware.
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Pakistan hikes defence budget by nearly 15 per cent in line with India's 13 per cent
World | June 13, 2024 13:42 ISTThe defence sector expenses are the second biggest component of the annual expenditure after the debt payments, which for the next year would be Rs 9,700 billion and constitute the single biggest expense of the debt-trapped country, which is dependent on loans from friendly nations like China.
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China boosts defence spending by 7.2 per cent: How does it compare to India's military expenditure?
World | March 05, 2024 15:04 ISTAs tensions with Taiwan escalate, China has dropped the mention of "peaceful reunification" in a government work report. The defence budget is closely watched by China's neighbours and the United States, who are concerned about Beijing's strategic intentions.
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Pak parliament approves Rs 1,150 billion defence budget
World | June 27, 2019 23:27 ISTPakistan's parliament Thursday unanimously passed the Rs 1,152 billion defence budget for the next fiscal (2019-20).
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China hikes defence budget by 7.5 per cent to USD 117.6 billion
Budget | March 05, 2019 16:38 ISTThe 2019 defence budget will be 1.19 trillion yuan (about USD 177.61 billion), according to a draft budget report submitted by Chinese Premier Li Keqiang at the opening of the annual session of China's Parliament, the National People's Congress (NPC), on Tuesday.
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China hikes defence budget by 7.5 per cent to USD 177.61 billion, over three times that of India
World | March 05, 2019 9:41 ISTIndia's defence budget this year was increased by 6.87 per cent to Rs 3.18 lakh crore against last year's allocation of Rs 2.98 lakh crore.
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Interim Budget 2019: Defence allocation increased to over Rs 3 lakh crore in 2019-20
India | February 01, 2019 14:37 ISTAnnouncing substantial hike in military service pay, the finance minister said defence budget has been increased to over Rs 3 lakh crore in 2019-20.
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