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Monday, September 1, 2025
TopicDefence spending

Topic: defence spending

NATO leaders to endorse Trump’s higher defence spending proposal at Hague Summit

Earlier US President threatened not to protect NATO members if they fail to meet spending targets, raising doubts about his commitment to the alliance's Article 5 mutual defence clause.

NATO members will have agreed by June to spend 5% GDP on defence over next decade, says US’s Marco Rubio

The US Secretary of State's statement is in line with Trump's demand that members increase defence spending. He has often complained that US is paying more than its fair share.

China outspends India on defence in 2024, shows SIPRI report. Pakistan far behind

SIPRI’s latest data on Trends in World Military Expenditure, 2024, shows China spent $314 bn on its military in 2024, India spent $86.1 bn, while Pakistan spent $10.2 bn.

EU pitches €800-bn plan to ‘ReArm Europe’ as Trump suspends military aid to Ukraine

European Commission President Ursula von der Leyen presented the plan Tuesday ahead of an emergency European Council meeting on 6 March. It also proposes a €150 bn common defence fund.

Not just spending, share of defence in budget declined over past decade, shows PRS analysis

Defence spending saw an annual increase of 9 percent between 2013-14 & 2025-26, a PRS analysis, published on 4 Feb, showed. In FY 2025-26, Centre allocated Rs 6,81,210 cr to the MoD.

Global defence spending rose to $2.46 trillion in 2024 amid security challenges, shows IISS report

Data published by International Institute of Strategic Studies shows US, China and Russia were the top 3 countries with the largest defence budgets.

Defence budget in 2025 increases by 9.52% but devil is in the details

The biggest increase in defence allocation is in the pension category—it constitutes 23.60 percent of the total allocation and stands at Rs 1,60,795 crore.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.

Global military expenditure grew by 7% in 2023, steepest rise since 2009, says Swedish think tank

It said that NATO member countries’ spending totaled 55% of world’s expenditure. Top spenders into 2023 were US, China & Russia, said Stockholm International Peace Research Institute.

NATO wants to push back against China, but members’ military spending still lags behind

NATO, in a policy document adopted during leaders' summit in Madrid last week, said China's 'coercive policies challenge' interests, security and values of member states.

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A Rs 33,000 cr ‘banking fraud’: ED’s case against Arvind Dham, Amtek’s web of ‘500 shell companies’

ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.

Ahead of SCO meet, Russia & China stage maiden joint submarine patrol in Sea of Japan, East China Sea

Joint submarine patrol ‘covered more than 2,000 nautical miles’ and was joined by Russian support vessels. Beijing maintains exercise ‘not directed against any third party’.

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.