In the Union Budget 2023–24, the estimated allocations for the Ministry of Defence (MoD) are Rs 5,93,537.64 crores, an increase of 13 per cent over BE 2022–23 (Rs 5,25,166.15 crores).
British Prime Minister Rishi Sunak needs to overcome multiple domestic and foreign policy challenges for the Conservatives to retain power in the 2024 general elections.
The Pralay surface-to-surface ballistic missile with a range of 150–500 kms can be the focal point of an Integrated Rocket Force and provide critical deterrent capabilities.
The petrodollar system that came into existence in the 1970s has come under stress, with oil being traded increasingly in non-US denominated currencies.
The Ukraine crisis, shifting geopolitical alliances in the Indo-Pacific and Western-imposed economic sanctions on Russia have strengthened China–Russia cooperation in the Arctic.
The ADMM-Plus offers India and ASEAN opportunities to develop practical collaboration on security issues ranging from terrorism, maritime threats and other non-traditional threats.
The PLA Western Theatre Command has focused on joint operations capabilities to counter the perceived lack of air superiority and information dominance in the theatre, which it believes is required for strike operations.
AUKUS illustrates the growing strategic depth between the US and Australia, the UK’s return to ‘East of Suez’ and Australia’s attempts to revolutionise its defence industrial base.
Prime Minister Sheikh Hasina’s visit underlines the fact that India and Bangladesh are successfully leveraging their geographical location to advance mutually beneficial economic ties.
