News for "Budget"

Govt raises foreign investment limit in defence to 49 pc

In order to boost manufacturing and reduce import dependence, the government on Thursday proposed to...

FDI in defence to reduce dependence on imports: Minister

Foreign direct investment in defence sector will help in increasing defence preparedness of the coun...

China protests Pentagon report on military budget

China has protested to the US over an "exaggerated" Pentagon report that said the Communist giant un...

India's defence budget one third of China's: Pentagon

The official annual defence budget of China in the year 2013 was USD 119.5 billion as against India'...

China under-reported defence by 20 percent: Pentagon

China underestimated its growing defence budget by nearly 20 per cent with its spending likely neari...

Pak hikes defence budget by 11 per cent

The defence budget has been fixed at Rs 700 billion for the financial year 2014-15....

Pakistan MoD demands increase in military budget

Pakistan defence ministry has sought more allocation for its armed forces for acquisition and mobili...

China splurging on military as US pulls back

China's Navy commissioned 17 new warships last year, the most of any nation. In a little more than a...

China to spend more on Navy, Air Force upgrade

In a major strategic shift, China has for the first time decided to spend more from its USD 132 bill...


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