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In the lead-up to the Union Budget presentation scheduled for 1 February in Parliament, Indian Army Chief General Upendra Dwivedi has voiced optimism for a substantial rise in defence allocations. Speaking at the Army’s Annual Press Conference 2026 held at the Manekshaw Centre in New Delhi on Tuesday, he underscored the need to bolster indigenous industry under India’s Aatmanirbhar Bharat
This EPRS publication seeks to put into context, and offer insights on, 10 key issues and policy areas on the European Union’s political agenda in 2026.
The top lawmakers on the House and Senate Armed Services Committee have backed President Trump’s call to increase the defense budget to $1.5 trillion in 2027. “We commend President Trump […]
The top lawmakers on the House and Senate Armed Services Committee have backed President Trump’s call to increase the defense budget to $1.5 trillion in 2027. “We commend President Trump […]
The Union Budget 2026, due next month, faces mounting pressures from escalating defence and infrastructure demands. BMI, a Fitch Solutions firm, predicts a rise in defence and capital expenditure allocations. This comes as the government juggles fiscal consolidation with domestic ambitions and external threats.India’s fiscal deficit target for FY2026-27 stands at 4.3 per cent of GDP. BMI
President Donald Trump on Wednesday called for the U.S. to massively increase its defense budget to $1.5 trillion in 2027, while also pushing for a ban on defense firms issuing […]
The Indian government is poised to introduce a substantial ₹10,000 crore incentive package for the drone manufacturing sector in the forthcoming Union Budget 2026.This five-year scheme, tentatively dubbed Drone Shakti, seeks to propel India towards becoming a global hub for civilian drone production by offering sustained fiscal support to domestic manufacturers.Unlike the existing
ONS figures show public sector net borrowing was £11.7bn – £1.9bn less than in same month last yearThe UK government borrowed more than expected in November, official figures show, amid pressure on the economy before chancellor Rachel Reeves’s autumn b…
The fiscal year 2026 defense authorization bill is giving the Navy some flexibility in how it buys the next two aircraft carriers (CVNs) and Columbia-class nuclear-armed ballistic missile submarines (SSBNs) […]
The defense authorization bill passed by the House last week and under consideration in the Senate this week adds batteries to the list of possible investments to bolster U.S. industrial […]