Category : Search result: defense expenditure


CAG Orders Uniform Government Expenditure Classification

India's CAG directs all states to adopt uniform expenditure classification by FY 2027-28, ending decades of inconsistent accounting practices. This reform will enable transparent financial reporting and better fiscal management across states.

US Approves $90M Defense Sale to India

The United States has approved the sale of Excalibur precision-guided projectiles and Javelin anti-tank missile systems to India, totaling over $90 million. This strategic move strengthens Indo-US defense ties. Read more about this significant development

Railways Seeks Record ₹2.76 Trillion Budget for FY27

Indian Railways plans record ₹2.76 trillion capital expenditure in FY27 for modernization, Vande Bharat trains expansion, and safety upgrades. Learn how this will transform India's rail infrastructure.

Election Promises Push Indian States to Fiscal Brink

Indian states face severe fiscal strain as election welfare spending surges, with Bihar's schemes costing 4% of GDP. Capital expenditure lags while deficits rise across poll-bound states. Read analysis.

Freebies Pushing States Into Financial Crisis: FM

Finance Minister Nirmala Sitharaman raises alarm over states' financial health, citing populist schemes and high committed expenditure as major concerns affecting development spending.

Tech Giants Pour $380B Into AI Infrastructure Boom

Microsoft, Meta, Amazon and Alphabet lead unprecedented $380 billion capital expenditure surge to dominate the AI revolution. Discover how this massive investment will reshape technology and global markets.

India's R&D Spending Stagnates at 0.7% of GDP

New data reveals India's R&D expenditure remains stagnant at 0.7% of GDP, with private sector contribution lagging despite government incentives. Discover the challenges and opportunities in India's innovation ecosystem.

Billionaire Funds US Military During Federal Shutdown

As the US government faces another shutdown, billionaire Timothy Sheehy intervenes with private funding to maintain military operations, raising questions about private sector's role in national security.

Trump Jr-Backed Drone Firm Wins Major Pentagon Contract

Unusual Machines, a drone technology company with backing from Donald Trump Jr, secures its largest-ever Pentagon contract to supply critical drone components, marking significant expansion in defense sector.

Jamshedpur Bypoll Expenditure Scrutiny Dates Set

Election Commission sets crucial scrutiny schedule for Jamshedpur East assembly bypoll candidate expenditures. All financial documents to undergo thorough verification starting May 13.

Maple Leafs Defensive Crisis After Marner Exit

Toronto Maple Leafs face serious defensive challenges after Mitch Marner's departure. Analysis reveals how losing their star forward impacts team strategy and playoff prospects.

Uttarakhand Free Agniveer Training for Youth

Uttarakhand government launches comprehensive free training initiative to prepare youth for Agniveer recruitment. Learn about eligibility criteria, training modules, and how to apply for this career-boosting program.

US Eyes Equity Stakes in Quantum Computing Firms

The Trump administration is in advanced talks to acquire equity stakes in quantum computing companies through a rare federal power, aiming to protect critical technology from foreign adversaries while boosting American dominance.

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