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......
The defence budget was on Thursday increased to Rs 6.21 lakh crore for 2024-25 in a modest hike of 4.72 per cent from last year's allocation of Rs 5.25 lakh crore amid India's continuing border row......
The idea of weaponization got a fillip from an unexpected quarter.In the last week of October 1985, Rajiv met US President Ronald Reagan.Reagan told Rajiv, 'Pakistan has already made a bomb.'When......
India does not have the facilities needed for developing advanced aerospace products.There is only one wind tunnel in the country, the almost six decade old one in the National Aeronautics......
The defence budget was on Wednesday increased to Rs 5.94 lakh crore for 2023-24, in a modest hike of 13 per cent from last year's allocation of Rs 5.25 lakh crore, amid India's continuing border......
Every patriot should learn from our history and recognise that celebrating size will neither negate nor obscure the huge economic challenges that India faces, asserts Rathin Roy. IMAGE: Finance......
The biggest risk to India's growth outlook is an escalation of geopolitical tensions, especially if these tensions spread to the Asian region, RBI Monetary Policy Committee (MPC) member Jayanth R......
When we look at the pension expenditure of the states, so far, there has been no gain from the NPS reform.Pension expenses as a share of total state revenue expenditure rose from 4% in 1991-1992 to......
While most experts suggest the government loosen its purse strings and not worry about the fiscal deficit in a pandemic impacted year, it will be a tightrope walk for the government to increase......
'The government has said it has kept its powder dry to fight the true battle against the debilitating influence of the pandemic.''The release of the shocking economic data this week should act as......