New Delhi: India is raising an offensive Corps and taking other steps to gear up its preparedness along China border to meet the challenges, Defence Minister AK Antony said as he pitched for a substantial hike in defence budget to meet this changing threat perception. Terming the growing military ties between Pakistan and China as a "cause of worry", he said the armed forces have been issued a new directive...
02:39 AM, May 09, 2012
Beijing: Claiming that it has no hidden military expenditure, China on Friday defended the 11.2 per cent increase in its defence budget saying that much of it would go for increased salaries of soldiers, training and exercises as well as acquiring new equipment. The increase of China's military budget is reasonable and should be viewed objectively, Defence Ministry spokesman Yang Yujun was quoted as saying by the state media. China...
02:19 PM, Mar 30, 2012
New Delhi: Finance Minister Pranab Mukherjee's Budget failed to send out a strong message about the reform process while coming out with a subsidy management plan and announced a new income tax structure. Experts labelled the it as an '80s style' Budget. Mukherjee began by admitting that the global crisis had affected the Indian economy. However, he said that a major turnaround might be expected soon. Budget 2012: How it...
01:07 PM, Mar 16, 2012
New Delhi: With several defence deals including the one to procure 126 combat aircraft for the IAF expected to be clinched this year, the Defence Budget was on Friday substantially hiked by more than 17 per cent to Rs 1,93,407 crore from last year's Rs 1,64,415 crore. Of the total outlay, over Rs 79,500 crore would be spent on procuring modern weapons systems and military hardware. This allocation is based...
12:56 PM, Mar 16, 2012
New Delhi: The India army is seriously short of ammunition, and in the event of war, it may run out of stocks in two days. This has been highlighted in a letter written by Army Chief General VK Singh to Defence Minister AK Antony, reported by the Indian Express. It also warns of shortages in artillery and air defence ammunition and says that the blacklisting of firms has contributed to...
05:08 PM, Mar 04, 2012
Beijing: China's defence spending will record a double-digit increase of 11.2 per cent, taking the budget to USD 106.4 billion this year compared to USD 92 billion in 2011, a government spokesman announced today, amid concerns about Beijing's military build-up. The hike was announced by Li Zhaoxing, spokesman for the Fifth Session of the 11th National People's Congress (NPC), the top Chinese legislature, in Beijing on Sunday. Defending the increase...
10:29 AM, Mar 04, 2012
The United States is boosting its military presence in the Asia Pacific region as it looks to counter China's rising power. President Barack Obama made the announcement following a wide-ranging review into defence spending. China is now reacting to the newly implemented strategy. ...
11:35 AM, Jan 09, 2012
The United States is boosting its military presence in the Asia Pacific region as it looks to counter China's rising power. President Barack Obama made the announcement following a wide-ranging review into defence spending. China is now reacting to the newly implemented strategy. ...
11:17 AM, Jan 09, 2012
Earlier the Obama administration had threatened to veto the bill. ...
04:26 PM, Oct 27, 2009
The air force will get over Rs 80 billion and the navy Rs 38.1 billion. ...
09:50 PM, Aug 24, 2009
Rs 141,703 crore allocated for the three wings of the armed forces. ...
02:59 PM, Jul 06, 2009
Salaries will consume over Rs 46,100 crore, a third of the Defence Budget. ...
09:24 AM, Feb 17, 2009
The Government on Monday allocated Rs 1,41,703 crore for defence sector. ...
01:27 PM, Feb 16, 2009
Gillani said he is expecting a reciprocal gesture from India. ...
09:00 PM, Jun 09, 2008
Kolkata: South Australian Redbacks vice-captain Callum Ferguson is banking on a good performance in the upcoming Champions League Twenty20 cricket tournament to regain his place in the national one-day squad. Going great guns, the right hand batsman sustained a knee injury while fielding in the Champions trophy final and then lost his place as Australia's regular one-day team was reconstituted. He, however, played in the series against Bangladesh, but was...
01:04 PM, Feb 29, 2008
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