Pakistan increases its defence budget to Rs 18k Cr despite $125 bn foreign debt

Pakistan is grappling with significant economic difficulties, with a foreign debt amounting to $124.5 billion, which is 42% of its GDP. Despite these challenges, the country has been bolstering its military capabilities through considerable arms imports and collaborations, particularly with China. According to a report by the Stockholm International Peace Research Institute (SIPRI), China contributed…

Read More

India and Australia to work closely for collaborative projects, timely resolve market access issues, deepen people to people contacts

Australia is an important trading partner of India in Oceania region with merchandise trade between India and Australia reaching around 24 billion USD in 2023-24, signaling significant potential for further growth. The Joint Committee Meeting serves as a vital platform for both nations to further strengthening trade ties and exploring new opportunities for bilateral economic…

Read More

7th India-Indonesia Joint Defence Cooperation Committee meeting held

Defence Secretary Shri Giridhar Aramane and Secretary General of the Ministry of Defence, Indonesia, Air Marshal Donny Ermawan Taufanto, M.D.S. co-chaired the 7th India-Indonesia Joint Defence Cooperation Committee (JDCC) meeting in New Delhi on May 03, 2024. During the meeting, both sides expressed satisfaction at the expanding scope of defence cooperation between the two countries. The…

Read More

Russia announces nuclear weapon drills after angry exchange with senior Western officials

Russia plans to hold drills simulating the use of tactical nuclear weapons, the Defence Ministry announced, days after the Kremlin reacted angrily to comments by senior Western officials about the war in Ukraine. The drills are in response to “provocative statements and threats of certain Western officials regarding the Russian Federation,” the Defence Ministry said…

Read More