More results...
Rajnath Singh, the Raksha Mantri, has praised the Union Budget for FY 2026-27 as a robust endorsement of India’s defence priorities. He expressed profound gratitude to Prime Minister Narendra Modi for the unprecedented allocation of ₹7.85 lakh crore to the defence sector.This figure marks a substantial 15% rise from the previous year’s estimates, underscoring the government’s unwavering
The Union Budget 2026 allocates ₹7.85 lakh crore to defence, a sharp 15 per cent increase from last year’s ₹6.81 lakh crore. This hike reflects heightened focus on military modernisation following Operation Sindoor.Official figures show the 2026–27 outlay at ₹7,84,678 crore, up from ₹6,81,210 crore. Capital expenditure stands at ₹2,19,306 crore, while revenue spending reaches ₹5,53,668 crore,
The Indian government has significantly ramped up defence spending in Budget 2026, allocating a total of ₹7.85 lakh crore to the Defence Ministry for FY26-27, marking a robust 15 per cent increase over the previous year.This enhanced outlay underscores New Delhi’s commitment to bolstering military capabilities amid escalating tensions with Pakistan and China along the borders.A key highlight is
As India gears up for Budget 2026, the aerospace and defence sector eagerly anticipates substantial financial boosts and tax reforms to fuel its expansion.Industry leaders emphasise that a stable, forward-looking tax regime could slash costs, streamline technology transfers, bolster home-grown defence strengths, and sharpen India’s edge in the global aviation market.At the heart of these
Suryastra Universal Rocket Launcher SystemFrom a high-visibility parade to long-term capability, Elbit is moving toward a scalable, locally produced long-range fires programAt India’s annual Republic Day Army parade in New Delhi, one of the most closely observed platforms on the ground was not an aircraft or an armoured vehicle, but a long-range rocket launcher mounted on a military truck.For the
India and the European Union deepened their strategic ties with the signing of a landmark Security and Defence Partnership (SDP) on Tuesday, 27 January 2026. This agreement, announced by Kaja Kallas, Vice President of the European Commission, comes amid a high-level summit co-chaired by European Council President Antonio Luis Santos da Costa and European Commission President Ursula von der
US Treasury Secretary Scott Bessent has sharply criticised Europe for finalising a landmark free trade agreement (FTA) with India, accusing Brussels of prioritising commercial gains over support for Ukraine amid its ongoing war with Russia.Speaking to CNBC on Wednesday, Bessent expressed profound disappointment in Europe’s stance. He argued that the continent’s leaders had placed trade interests
The India-European Union Free Trade Agreement (FTA) has reached a landmark conclusion after protracted negotiations, marking a pivotal moment in bilateral economic relations.Finalised on Tuesday (27-1-2026) during the India-EU summit between Prime Minister Narendra Modi and European Commission President Ursula von der Leyen alongside European Council President Antonio Costa, the deal promises to
Bangalore-based Axiscades Technologies has entered into a significant Memorandum of Understanding (MoU) with Portugal’s Ogma, a prominent subsidiary of the Brazilian aerospace giant Embraer. This pact aims to explore collaborative opportunities in aerospace manufacturing, marking a strategic push by the Indian firm into international partnerships.Axiscades, known for its expertise in engineering
The Presidents of the European Council and the European Commission have departed India following a landmark three-day state visit to New Delhi. Antonio Costa, President of the European Council, left on Wednesday, while Ursula von der Leyen, President of the European Commission, departed the previous evening. The Ministry of External Affairs (MEA) hailed the visit as "highly successful,"