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`India`s defence spending to rival US, China in next 30 years`

Last Updated: Wednesday, July 02, 2014, 22:06

India`s defence expenditure is expected to accelerate over the next 30 years to rival that of the US and China, according to a new UK government study.

Bangladesh procures defence hardware worth USD 2 billion in recent years

Last Updated: Saturday, August 24, 2013, 15:41

Bangladesh has procured defence hardware worth Taka 15,000 crore (USD 2 billion) in the past four-and-half years as part of its initiatives to modernise its armed forces, according to a media report.

Finance Minister parries question on defence expenditure cut

Last Updated: Wednesday, February 06, 2013, 21:49

Finance Minister P Chidambaram today parried a question on Rs 10,000 crore cut in defence expenditure even as Defence Minister A K Antony said the operational preparedness of armed forces will not be affected by any reduction.

India spent Rs 15,433.01 cr in 2010-11 on defence

Last Updated: Monday, April 30, 2012, 17:16

India spent Rs 15,443.01 crore during 2010-11 to import arms and ammunition.

China downplays global concerns over defence expenditure

Last Updated: Thursday, February 23, 2012, 21:48

China is ready to work with the United States to advance military-to-military links in a healthy way, Geng said.

Pak govt likely to hike defence budget by 12%

Last Updated: Tuesday, May 10, 2011, 13:01

Pakistan government is expected to hike the defence budget for the next fiscal year by 12 per cent to Rs 495 billion though the total military spending is likely to be more than Rs 767 billion.

Pak`s annual Defence expenditure may balloon to Rs 580 bn

Last Updated: Saturday, November 27, 2010, 23:43

Pakistan`s annual expenditure could cross the budgeted allocation of Rs 442 billion and balloon to Rs 580 billion, according to a media report.

No cut in country’s defence expenditure: Zardari

Last Updated: Wednesday, March 31, 2010, 13:11

Stressing that his country is fighting a war for its survival against extremists, Pakistan President Asif Ali Zardari has ruled out any cut in the nation’s defence expenditure.

China dismisses reports of hiding defence expenditure

Last Updated: Friday, March 12, 2010, 13:02

China dismisses reports of hiding expenditure on defence and claimed that its per capita defence budget was lowest among the permanent members of the UNSC.