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What our defence chiefs need to do quickly

'Amid the frequent cries that the defence budget falls short of what is needed, we tend to ignore the reality that any enhancement in the allocation is just not possible, and the armed forces have......

China's defence budget=$175 bn. India's=$46 bn

'If the Chinese intent is to be gauged based on its aggression in the South China Sea, greater forays in the Indian Ocean, a hawk's attitude towards Taiwan, flying its fighters repeatedly over the......

China hikes defence budget; it's 3 times higher than India's

IMAGE: Soldiers of China's People's Liberation Army  take part in a military parade to commemorate the 90th anniversary of the foundation of the army at the Zhurihe military training base in......

India overtakes UK in defence spending; China remains a major challenger

The nation has the fifth largest defence budget in the world, at $52.5 billion in 2017 ($51.1 billion in 2016), overtaking the UK whose defence budget fell from $52.5 billion in 2016 to $50.7......

Is defence hike enough to modernise armed forces?

'Given the importance of equipment modernisation, the overall defence budget should rise at least at the same pace as salaries and pensions, so that equipment modernisation is not hit,' observes......

Jaitley hikes defence budget by over 6.2%

The overall defence budget on Wednesday saw an increase of a marginal 6.2 per cent for the next fiscal at Rs 2.74 lakh crore from the current Rs 2.58 lakh crore, with the capital outlay to cover......

Defence budget hiked by nearly 10%

The capital outlay for the three services, for modernisation, stood at Rs 78,586.68 crore The defence budget was on Monday increased by 9.76 per cent to Rs 2.58 lakh crore for the next fiscal as......

Defence allocation increased by nearly 11%

Government on Saturday increased the defence budget by 10.95 per cent to Rs 2.46 lakh crore (Rs 2.46 trillion)for the next fiscal as compared to the revised estimates of Rs 2.22 lakh crore (Rs 2.22......

Budget: How to make a fortune from stocks

There is a lot of optimism in the defence, railway and manufacturing sectors. Ahead of Budget 2015-16, capital goods, defence, railways, fertilisers, sugar and textiles stocks have outperformed the......

Battle heats up for a share of the defence pie

With access to foreign investment becoming easier, a host of Indian companies vie for a share of the $100-billion budget for equipment. When it comes to high-mobility, multi-purpose personnel......
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Urjit Patel on why RBI decided to hike repo rate after 4 years

'Our policy regarding liquidity is determined by anchoring the weighted-average call rate to the repo rate, and we have stuck to that both in terms... ...

http://www.rediff.com/money/interview/urjit-patel-on-why-rbi-decided-to-hike-repo-rate-after-4-years/20180607.htm
Indian Army wants money for its land

Struggling to get equal value land (EVL) against thousands of acre of defence land encroached or transferred to state governments, the Army has... ...

http://www.dnaindia.com/india/report-dna-exclusive-army-wants-money-for-its-land-2622820
Defence MSMEs claim armed forces cancelled orders

Addressing a press conference here, Neeraj Raizada, the federation's president, also claimed that the government had slashed the budget of the... ...

https://economictimes.indiatimes.com/news/defence/defence-msmes-claim-armed-forces-cancelled-orders/articleshow/64479203.cms
Tamil Nadu all set to build India's first defence corridor

In less than two months since the announcement in March, the state has mobilised an armada of small and medium enterprises keen on making... ...

http://www.rediff.com/money/report/tamil-nadu-all-set-to-build-indias-first-defence-corridor/20180605.htm
Army to cut down order for assault rifles to 250,000 due to budget constraints

The Indian Army will place an order for only 250,000 modern assault rifles -- just a third of its total requirement -- driven by budgetary... ...

http://news.rediff.com/commentary/2018/jun/04/army-to-cut-down-order-for-assault-rifles-to-250000-due-to-budget-constraints/7ddba1c4958bfa01d29e651a2ae9c399

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