–The writer is a former Financial Advisor (Acquisition), Ministry of Defence. The views expressed are personal and do not necessarily reflect the views of Raksha Anirveda
The Union Budget for the financial year 2025-26 (FY’26), presented by Finance Minister Nirmala Sitharaman on 1 February 2025, provides an outlay of ₹6,81,210.27 crore for the Ministry of Defence (MoD). This represents an...
Asia’s biggest air show, Aero India 2025, is all set to take place at the Air Force Station, Yelahanka, on the outskirts of Bengaluru, Karnataka, from February 10 to 14, 2025. This marks the...
In the Union Budget for the financial year 2024-25, presented on July 23, Finance Minister Nirmala Sitharaman has maintained the defence outlay nearly in line with the interim budget announced in February 2024, with...
Arbitration, as the favoured mechanism for resolving disputes arising from government and quasi-government contracts, is soon going to be a thing of the past, except where the value of the dispute in relation to...
It was a proud moment for India when the first production series of Tejas Light Combat Aircraft (LCA) Mk1A - an advanced version of the LCA Mk1 - completed an 18-minute sortie successfully. It...
The total defence outlay for the Financial Year 2024-25 (FY ’24) has been pegged at Rs 6,21,740.85 crore in the interim union budget presented by Finance Minister Nirmala Sitharaman on February 1 amidst widespread...
In a few days from now, Finance Minister Nirmala Sitharaman will present an interim budget for the coming fiscal year 2024-25. Confident that the ruling Bharatiya Janata Party will return to power after the...
In a romanticised portrayal of India’s extensive maritime history dating back to 3000 BC, when the Indus Valley Civilisation established trade links with Mesopotamia, and highlighting its contemporary combat capabilities, the Indian Navy is...
In less than fifteen years since the last major overhaul of the Defence Research and Development Organisation (DRDO) based on Dr P Rama Rao Committee’s recommendations, the government has constituted a high-powered committee to...
Rising phoenix-like from centuries of subjugation to foreign invaders and colonisers, India has become the fifth largest economy in three-quarters of a century, overtaking its erstwhile colonial masters. It’s well on the way to...
The joint statement released at the conclusion of Prime Minister Narendra Modi’s state visit to the United States of America, held from June 21 to 24, portrays the defense partnership between the two nations...
India has emerged yet again as the largest importer of arms, concurrently sliding back in exports. It exposes the vacuity of the official hype over rising levels of local manufacturing and the spurt in...
At Rs 5,93,538 crore, the total defence outlay for the financial year (FY) 2023-24, including the outlay of Rs 1,38,205 crore for defence pensions, represents a 13.02% year-on-year growth over the current year’s budget...