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.
