'The first and most basic responsibility of any government is to protect its people from external threats and internal harm.' 'Budget 2025-2026 has to focus on meeting this responsibility,' asserts R Jagannathan.
Coming down hard on the government for meagre increase in allocation for armed forces in the last few years, the Parliamentary Standing Committee on Defence said the outlay cannot even fulfill the basic requirements of the armed forces.
Not a single retail outlet ran dry. Every household that wanted a cylinder got one. India faced neither a 1991 moment nor a 2013 one. Macroeconomic stability held. This was not an accident, and it was not luck alone. It was the work of a government that chose to act as it had during the pandemic -- deliberately and gradually, building one measure upon another rather than reaching for a single dramatic lever, explains V Anantha Nageswaran, chief economic advisor to the Government of India.
'We believe the truth is in the middle, and that India is at an important crossroads.'
Of the allocation provided, Rs 60,000 crore (Rs 600 billion) would go for capital expenditure, Finance Minister Pranab Mukherjee said presenting the Budget for 2010-11 in the Lok Sabha.
From Ramayana Part 1 and Alpha to King and Toxic, here's why the next six months could be one of Indian cinema's most exciting line-ups in years.
The defence ministry is not very hopeful about getting an additional Rs 40,000 crore for modernisation of the armed forces, with Defence Minister A K Antony on Thursday saying he was struggling to get even the Rs 1.93 lakh crore allotted by the government in the budget. "Now I am struggling to get the budgetary amount," he told reporters when asked if he was hopeful of getting the additional Rs 40,000 crore sought by his ministry for the modernising of the three services.
The 15th India-Vietnam Defence Dialogue signalled a move from routine talks to deeper cooperation, with new deals on submarine rescue and defence industry to support stability in the Indo-Pacific, notes Dr Rajaram Panda.
Restoring weighted tax deductions and adopting a petty patents regime can foster firm-level innovative activity critical for competitiveness, points out Nagesh Kumar.
Stagnant defence expenditure in India and set back to modernisation would be music to the ears of Gen Kayani and Hu Jin Tao.
The government should refrain from raising income tax surcharge on the super-rich and reintroducing wealth tax in the upcoming 2026-27 Budget, as the move could prompt persons in high-income brackets to leave the country for low-tax jurisdictions, according to tax experts.
The defence allocation will be increased by 10 per cent from Rs 96,000 crore to Rs 1,05,600 crore.
Only experienced investors with a high risk appetite, a grasp of market cycles, and comfort with volatility and timing risk should invest.
The largest tranche came in July, in the wake of Operation Sindoor, with the DAC according acceptance of necessity -- or initial approval -- for 10 capital acquisition proposals amounting to approximately 1.05 trillion through indigenous sourcing.
The increase in military spending is almost twice its pace of economic growth, and is the largest in 10 years
If TVK MLAs and ministers are perceived as clean, or demonstrably cleaner than their predecessors, the credibility dividend will be enormous. The voter will feel rewarded, points out Ramesh Menon.
The intriguing bit is that Trump is likely to attend the talks in Islamabad this weekend -- if he does, it will be the clearest signal yet that the US is ready to exit the war with some sort of win to show, since he cannot afford to go for the talks and return empty-handed, notes Prem Panicker in his must read blog on the Iran War
US President Donald Trump has renewed his call for a high-security ballroom at the White House, citing security concerns after a shooting incident near a journalists' dinner he attended.
Andhra Pradesh is spearheading an ambitious initiative to establish a fully integrated beach sand minerals, rare earth, and titanium ecosystem, aiming to attract over 50,000 crore in investments over the next decade. This move is part of India's broader strategy to reduce its reliance on China for strategic minerals and permanent magnets, with the state preparing a comprehensive rare earth policy and planning specialised industrial clusters.
Defence and diplomacy are two sides of the same coin and India can't afford to ignore either of these.
Excluding the pension outgo, the allocation in the Union Budget for the armed forces stands at Rs 3.62 lakh crore.
'Some success has been achieved in raising the costs of terrorism for Pakistan.'
The purge in Washington does not pause the war. Strikes continue, Hormuz remains closed, and Brent crude is still dancing around $109 a barrel. For India, the command chaos in the Pentagon is another layer of uncertainty piled on five weeks of conflict that was already straining every buffer Delhi has.
After lagging behind the broader market over the past three and six months, defence sector stocks have regained ground, reversing their performance from the past month. Concerns about slowing order inflows, execution hurdles, supply chain disruptions, and high valuations had weighed on the sector.
India has a government that has no strategic vision, a defence minister more interested in maintaining his 'clean' image, an armed forces leadership that is not interested in cleaning the mess within. Is it any wonder then that India presents itself as a sitting duck to its adversaries? asks Harsh V Pant.
The army has been behind the other two forces in capex since FY21.
Congress leader Rahul Gandhi alleges Prime Minister Narendra Modi avoided Parliament due to fear of the Naravane book issue and dared those claiming a threat to the PM to file an FIR.
Defence Minister Rajnath Singh praised the Indian Coast Guard's role during Operation Sindoor and highlighted its importance in national security on the occasion of its 50th Raising Day.
Prime Minister Narendra Modi and West Bengal Chief Minister Mamata Banerjee engaged in a war of words during election rallies, with Modi accusing the TMC of supporting divisive forces and Banerjee alleging the BJP plans to divide the state.
'For those in for the long haul, this is a God-given opportunity.' 'Your market is falling despite strong fundamentals, and such a clear roadmap has been announced.'
The Lok Sabha witnessed a heated debate between BJP and Congress members regarding the handling of Naxalism, with the BJP accusing the previous UPA government of failing to contain left-wing extremism and the Congress defending its efforts to curb the threat.
In Budget 2009, the defence services have been allocated Rs 1,41,703 crore (Rs 1,417.03 billion) for 2009-10, a 34 per cent hike from 2008-09 budgetary allocation of Rs 1,05,600 crore (Rs 1,056 billion).
Stock market is gearing up for an eventful week ahead where key triggers such as quarterly earnings from corporates, the US Fed interest rate decision and the upcoming Union Budget for 2026-27 would grab the limelight, analysts said.
Defence stocks have been on a tear, with the Nifty India Defence index hitting all-time highs. Over the past week, the index jumped around 7 per cent, far outpacing the flat performance of the Nifty 50. Over the past month, its 12 per cent gain has trebled the benchmark's return.
India has allocated Rs 1.72 trillion, or 27.67 per cent of the total defence budget to cater to modernisation of the country's arsenal. Modern militaries spend up to 50 to 60 per cent of their total defence budget so that they go into combat with superior weaponry and equipment.
He added that opposition parties were assured that their concerns regarding the impact of the West Asia situation on India and the safety of Indian citizens were addressed in detail.
The Indian government has convened an all-party meeting to discuss the ongoing crisis in West Asia, following Prime Minister Modi's address to Parliament on the situation and its potential impact on India.
'This Budget has a one-year agenda, which you can call the sprint, and the marathon is towards Viksit Bharat.'
We cannot simply have a 60-65 per cent import dependency in LPG, the bulk of which comes from just one volatile region -- West Asia, points out R Jagannathan.
The government rejected the opposition's demands for discussions on the VB-G RAM G Act and the SIR in the Budget session of Parliament, stating that the issues had already been debated.
