Union Finance Minister Nirmala Sitharaman allocated ₹6.22 lakh crore for the defence sector in 2024-25 which is almost the same as in the interim Budget presented in February. Follow LIVE updates from the Union Budget 2024 on July 23, 2024 The allocation of ₹6.22 lakh crore for the defence sector is 4.79% higher compared to the Budget Estimates of last …
As 2023 wound to a close, China announced a new defence minister in place of General Li Shangfu, who had been removed from the post several months earlier. Contrary to general perception, the appointment of a former navy chief to the post of defence minister in China is not primarily about higher priority being accorded to the PLAN in Beijing’s …