The US dismissed a report suggesting that India is covertly enriching its nuclear weapons capabilities, describing it as "speculative".
The US dismissed a report suggesting that India is covertly enriching its nuclear weapons capabilities, describing it as "speculative".
The US, China and the UK remain the top three defence spenders while India has the fourth largest military budget, followed by Saudi Arabia and Russia, according to the '2016 Jane's Defence Budgets Report', released by research firm IHS Markit.
The report also revealed that the United States was still king with its expenditure representing about 40 per cent of the total Global Defence budget. India overtook Saudi Arabia and Russia to become one of the top five defence spenders globally.
Pakistan is negotiating with Russia on acquiring an unspecified number of Su-35 'Flanker-E' multi-role fighter aircraft in potentially the largest military deal between the two Cold War-era adversaries, according to a leading defence weekly.
An agreement was reached in Islamabad during a meeting between Pakistan Finance Minister Ishaq Dar and Xu Ziqin, President of state-owned China Shipbuilding & Offshore International Company Limited -- the trade arm of China Shipbuilding Industry Corporation.
The fate of the UNESCO world heritage site of Palmyra seems to be tragically sealed as the Islamic State militia gained control of the Syrian city.
It's a bold marketing move for the locally-produced light combat aircraft.
SAAB's Sea Gripen constitutes a new option as the INS Vikrant's light fighter
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