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2024 Global Military Spending Hit $2.7 Trillion In Record Surge. Here's Why
Amid changing geopolitical relations, wars and rising tensions, the year 2024 saw the steepest rise in worldwide military expenditure since the end of the Cold War, reaching $2.7 trillion, researchers said Monday.
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Global Warming A Security Challenge, Army Needs To Be Prepared: Experts
Concerns have grown that climate action is being sidelined as Europe beefs up defence and the US retreats from allies and its green commitments.
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Putin And Trump Agree Again. This Time, Xi Jinping Is The Odd One Out
Donald Trump and Vladimir Putin seem to be on the same page on most issues these days. So much so, that Russia and the US now seem like allies, as the rest of the world is left stupefied.
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Can We Defend Earth from Asteroids? Here's What You Need to Know
Efforts to protect Earth from asteroid impacts have made significant strides, notably with NASA’s DART mission, which successfully altered the orbit of the asteroid moonlet Dimorphos in 2022. This achievement marked a key advancement in planetary defence, demonstrating that asteroid deflection is a viable strategy. However, the success of DART al...
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Need To Enhance Budget For Defence Research, Suggests Parliamentary Panel
A parliamentary standing committee on Wednesday recommended higher budgetary outlay for research and development in the annual defence budget in line with India's aspirations to become a global leader in manufacturing of military platforms.
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Defence Budget Raised 13% To 5.93 Lakh Crore
Defence Minister Rajnath Singh said that the budget proposals will lead the country towards its goal of becoming a $5 trillion economy and one of the top three economies globally within a few years.
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India Among Top 5 Defence Spenders, China's Is Thrice Its Budget: Report
India's defence budget broke into the world's top five, beating the UK for the first time, a new report by a London-based global think-tank has said, signalling a key shift in the military balance between the two countries.
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BAE Systems To Promote Defence Manufacturing In Maharashtra
Maharashtra Chief Minister Devendra Fadnavis invited global companies to participate in the 'Magnetic Maharashtra' investment summit to be held next month in the state.
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Japan Military Seeks Record Budget After North Korea's Missile Launch
Japan's defence ministry said on Thursday it will request its largest-ever annual budget, just days after nuclear-armed North Korea fired a rocket over the country in a provocation that drew global condemnation.
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How Much The World Is Spending On Military: India Is Number 4
It's not just President-elect Donald Trump who's bent on military build-up. From Europe all the way to China, the next decade will be marked by an increase in global defense spending amid rising feuds and pockets of instability, according to IHS Jane's latest annual Defense Budgets report.
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Kalyani Group, Saab Tie Up for Air Defence Systems
It to be a global supplier in ground-based air defence systems.
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PM Shinzo Abe's Cabinet Approves Largest Defence Budget
Prime Minister Shinzo Abe's cabinet today approved Japan's biggest ever annual defence budget, as the country bolsters its military amid territorial rows and concerns over China's expanding naval reach.
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PM Wants More Technology Transfer From Global Defence Firms
India should aim to cut defence imports from 60 to 30% in the next 5years, he said.
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Government Seeks Investment by Global Firms in Aerospace
Defence ministry is pulling all stops to ensure global firms invest in the aerospace.
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Under Xi Jinping, China's Defence Budget Seen Defying Slowdown
The military budget will be announced at the start of the annual meeting of China's parliament on March 5. Last year, defence spending rose 12.2 per cent to $130 billion, second only to the United States.
-
2024 Global Military Spending Hit $2.7 Trillion In Record Surge. Here's Why
Amid changing geopolitical relations, wars and rising tensions, the year 2024 saw the steepest rise in worldwide military expenditure since the end of the Cold War, reaching $2.7 trillion, researchers said Monday.
-
Global Warming A Security Challenge, Army Needs To Be Prepared: Experts
Concerns have grown that climate action is being sidelined as Europe beefs up defence and the US retreats from allies and its green commitments.
-
Putin And Trump Agree Again. This Time, Xi Jinping Is The Odd One Out
Donald Trump and Vladimir Putin seem to be on the same page on most issues these days. So much so, that Russia and the US now seem like allies, as the rest of the world is left stupefied.
-
Can We Defend Earth from Asteroids? Here's What You Need to Know
Efforts to protect Earth from asteroid impacts have made significant strides, notably with NASA’s DART mission, which successfully altered the orbit of the asteroid moonlet Dimorphos in 2022. This achievement marked a key advancement in planetary defence, demonstrating that asteroid deflection is a viable strategy. However, the success of DART al...
-
Need To Enhance Budget For Defence Research, Suggests Parliamentary Panel
A parliamentary standing committee on Wednesday recommended higher budgetary outlay for research and development in the annual defence budget in line with India's aspirations to become a global leader in manufacturing of military platforms.
-
Defence Budget Raised 13% To 5.93 Lakh Crore
Defence Minister Rajnath Singh said that the budget proposals will lead the country towards its goal of becoming a $5 trillion economy and one of the top three economies globally within a few years.
-
India Among Top 5 Defence Spenders, China's Is Thrice Its Budget: Report
India's defence budget broke into the world's top five, beating the UK for the first time, a new report by a London-based global think-tank has said, signalling a key shift in the military balance between the two countries.
-
BAE Systems To Promote Defence Manufacturing In Maharashtra
Maharashtra Chief Minister Devendra Fadnavis invited global companies to participate in the 'Magnetic Maharashtra' investment summit to be held next month in the state.
-
Japan Military Seeks Record Budget After North Korea's Missile Launch
Japan's defence ministry said on Thursday it will request its largest-ever annual budget, just days after nuclear-armed North Korea fired a rocket over the country in a provocation that drew global condemnation.
-
How Much The World Is Spending On Military: India Is Number 4
It's not just President-elect Donald Trump who's bent on military build-up. From Europe all the way to China, the next decade will be marked by an increase in global defense spending amid rising feuds and pockets of instability, according to IHS Jane's latest annual Defense Budgets report.
-
Kalyani Group, Saab Tie Up for Air Defence Systems
It to be a global supplier in ground-based air defence systems.
-
PM Shinzo Abe's Cabinet Approves Largest Defence Budget
Prime Minister Shinzo Abe's cabinet today approved Japan's biggest ever annual defence budget, as the country bolsters its military amid territorial rows and concerns over China's expanding naval reach.
-
PM Wants More Technology Transfer From Global Defence Firms
India should aim to cut defence imports from 60 to 30% in the next 5years, he said.
-
Government Seeks Investment by Global Firms in Aerospace
Defence ministry is pulling all stops to ensure global firms invest in the aerospace.
-
Under Xi Jinping, China's Defence Budget Seen Defying Slowdown
The military budget will be announced at the start of the annual meeting of China's parliament on March 5. Last year, defence spending rose 12.2 per cent to $130 billion, second only to the United States.
