India on Saturday set aside more than ₹6.81 lakh crore for defence spending in the Union Budget, including ₹1.8 lakh crore for the modernisation of the military ...
Finance Minister Nirmala Sitharaman in an exclusive post-Budget interview to NDTV said the government has not cut back on defence spending, rather it ensured that defence pensions and procurement ...
Rs 1.8 lakh crore out of the marginally-hiked Rs 6.8 lakh crore outlay are towards capital budget of forces, with modernisation and critical capability gaps as key focus areas ...
The proposal in the Union Budget to expand the presence of global capability centres (GCCs) to Tier II destinations is expected to strengthen the technology industry in India.
PSU stocks dropped over 9% on Budget Day, with the BSE PSU index falling 2.7%. Investors were disappointed by a lower-than-expected capital expenditure allocation of Rs 11.2 lakh crore. Key sectors ...