India may see massive fivefold increase in defence budget by 2047: set to become third biggest defence spender
Friday, 30 May 2025 India's defence budget is set for substantial growth, potentially reaching Rs 31.7 lakh crore by 2047, according to a CII-KPMG report. Defence production and exports are also projected to surge, positioning India as a key global supplier. Increased capital expenditure and R&D investment are expected, alongside a rise in defence's GDP share.
More than £1.5 billion in extra funding for military homes will be confirmed as part of the Government’s strategic defence review, the Ministry of Defence has said. The review will set out the..
Russia has issued a stark warning to Germany over its decision to lift restrictions on supplying long-range weapons to Ukraine. Moscow’s Security Council Secretary Sergei Shoigu threatened a..
In a landmark moment for women in the Indian armed forces, the National Defence Academy (NDA) in Pune witnessed the graduation of its first-ever batch of 17 female cadets on May 30, 2025. The Passing..
Friday, 30 May 2025
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