US President Donald Trump proposes a Defence Budget of $740 billion.

US President Donald Trump proposes a Defence Budget of $740 billion.

Washington: US President Donald Trump proposes a Defence Budget of $740 billion. He asserts that the modernisation of the defence forces has been prioritised, given the challenges posed by Russia and China. President Trump has maintained this defence policy for the last three years. White House has expressed confidence by saying ‘There is a looming […]

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Budget 2020-21

Budget 2020-21

New Delhi: Union Finance Minister Nirmala Sitharaman presented the Union Budget, for the year 2010-21, in the Lok Sabha. It is claimed that the relief for the people in the income group 500,000 to 1,500,000, in the income tax, is the highlight of the budget. It is also claimed that as the person will have […]

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The European Union will be destroyed by its own member countries, warns ‘Budget Commissioner’ Gunther Oettinger

The European Union will be destroyed  by its own member countries, warns ‘Budget Commissioner’ Gunther Oettinger

Brussels: ‘The existence of the European Union is threatened and the member countries themselves are trying to weaken and destroy it’, was the sensational warning issued by Budget Commissioner, Günther Oettinger. He created a further sensation by naming countries like Italy, Poland, Hungary and Romania. At the same time, Oettinger claimed that there is also […]

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Finance minister Arun Jaitley presents Budget for fiscal 2018-19

Finance minister Arun Jaitley presents Budget for fiscal 2018-19

New Delhi: Finance minister Arun Jaitley presented the budget that gave priority to agriculture, agriculture related industry and infrastructure development in rural India. The budget is trying to give impetus to the manufacturing sector and employment generation, said the Finance minister. At the same time the announcement of providing security of health insurance of 5 […]

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US defense budget gives importance to India’s partnership – Pakistan gets conditional aid

US defense budget gives importance to India’s partnership – Pakistan gets conditional aid

Washington – US President Barack Obama has approved the defense budget draft which included giving more importance to defense partnership with India. Obama has approved a “National Defense Authorization Act (NDAA) which proposes to appoint a special officer to increase India’s defense partnership with the US. At the same time it was made clear that […]

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Japan plans record-hike in defense budget to $52 billion

Japan plans record-hike in defense budget to $52 billion

Tokyo : With the concerns of increased security risks from China and North Korea, Japanese government has begun preparations to sanction a defense budget of $52 billion. A proposal to this effect will be presented in the Japanese parliament in the coming week. This defense budget includes expenses for production of military drones, upgradation of […]

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