Defence Budget

  • China increases Defence budget by 12.2 per cent 05-03-2014 07:03 AM

    Beijing: China plans to raise its defence budget from USD 117.7 billion to about USD 132 billion in 2014, making a 12.2 per cent increase. Last year, China had raised its defence budget by 10.7 per cent to 720.2 billion yuan (USD 117.7 billion). It had also hiked its internal...
  • Need to cut our coat according to our cloth, PM says hinting at trimming defence budget 22-11-2013 07:53 PM

    Hinting at a possible cut in the country's defence budget, Prime Minister Manmohan Singh on Friday said the Services will have to exercise prudence in acquisitions in view of the economic slowdown, stressing on the need to "cut our coat according to our cloth". Addressing the Combined Commanders' Conference, he...
  • Defence Ministry reworks on its budget as fuel price rises 09-07-2013 02:13 PM

    New Delhi: The rising prices of international crude is also affecting defence supplies. The Defence Ministry has asked armed forces to reduce use of fuel by 20 to 40 per cent, Army sources said. Sources said the order came in the wake of sharp increase in fuel prices and has...
  • Pakistan increases defence budget by 15 per cent 13-06-2013 03:06 AM

    Islamabad: Pakistan's cash-strapped new government announced a hefty 15 per cent hike in its defence budget to Rs 627 billion, with the powerful Army getting the lion's share of the outlay. The government increased the allocation for defence in its budget for fiscal 2013-14 to Rs 627 billion (about $...
  • Asia-Pacific region priority No 1, says Obama 09-01-2012 11:35 AM

    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. ...
  • Obama to sign US defense bill this week 27-10-2009 04:26 PM

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  • Pakistan to freeze defence allocation in budget 09-06-2008 09:00 PM

    The former India player was ecstatic after hearing that Pakistan will tour India for a short limited overs series at the end of this year. ...
  • India's defence budget hiked by 10 per cent 29-02-2008 01:04 PM

    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...
  • China to spend $45 bn on defence 04-03-2007 10:04 PM

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