Page 3 - Defence
In major shift for Europe, Germany to spend $113 bn on defence
Germany announced Sunday it was committing 100 billion euros ($113 billion) to a special armed forces fund and would keep its defence spending above 2 per cent of GDP from now on
 "In major shift for Europe, Germany to spend $113 bn on defence")
Ukraine crisis: Russia-India defence sales face looming sanctions
Given the outrage in western capital cities over Russia's invasion of Ukraine, any waiver to India over the S-400 appears highly unlikely
 "Ukraine crisis: Russia-India defence sales face looming sanctions")
Cyber threat a national security matter, defence should tap IT strength: PM
PM Modi stated that cyber security has become a matter of national security.
 "Cyber threat a national security matter, defence should tap IT strength: PM")
PM Modi to address post budget seminar on defence sector on Friday
The objective of the webinar is to involve all the stakeholders in taking forward the various initiatives of the Government in the defence sector.
 "PM Modi to address post budget seminar on defence sector on Friday")
United States approves major $14 billion arms sale to Indonesia
U.S. military sales to Indonesia have, however, come under scrutiny and been delayed before over human rights issues
 "United States approves major $14 billion arms sale to Indonesia")
Budget 2022: Will 68% earmarking boost indigenous defence manufacturing?
Budget 2022 proposals seem to give a big push to Make in India in defence with 68% of capital procurement allocation earmarked for domestic industry. What does this mean for India's defence industry?
 "Budget 2022: Will 68% earmarking boost indigenous defence manufacturing?")
TMS, Ep 100: Cryptocurrency tax, defence industry, markets, and green bonds
How will new tax rules impact crypto investors? How will the domestic defence industry get a fillip? Why are bond yields rising after Budget 2022? Get answers to these questions in today's episode
 "TMS, Ep 100: Cryptocurrency tax, defence industry, markets, and green bonds")
Defence allocation sees moderate rise, IAF gets largest capital boost
In the Budget FY23, the government has allocated Rs 5.25 trillion.
 "Defence allocation sees moderate rise, IAF gets largest capital boost")
Ladakh shows India needs a light tank to arm itself in high altitudes
Light tanks offer utility not just on the high-altitude Sino-Indian border, but on the mountain border with Pakistan in J&K as well
 "Ladakh shows India needs a light tank to arm itself in high altitudes")
Centre surveys 17.78 lakh acres of defence land using advanced technologies
In a first such comprehensive exercise since Independence, the government has surveyed 17.78 lakh acres of defence land using the latest technologies
India stops import of 2,851 components used in defence platforms
The defence ministry on Wednesday notified a positive indigenisation list of sub-systems, assemblies, sub-assemblies and components to achieve self-reliance in defence
 "India stops import of 2,851 components used in defence platforms")
Gen Naravane takes charge as Chairman, Chiefs of Staff Committee
The Centre has placed in an old system following the death of General Bipin Rawat
 "Gen Naravane takes charge as Chairman, Chiefs of Staff Committee")
Pre-recorded message of Late CDS Bipin Rawat pays tribute to 1971 heroes
In the pre-recorded message shared by Indian Army, he congratulated all the brave soldiers of the Indian Army
 "Pre-recorded message of Late CDS Bipin Rawat pays tribute to 1971 heroes")
Defence solutions major Data Patterns to raise Rs 588 crore via IPO
Open December 14-16 at a price band of Rs 555-585. IPO consists of fresh issue of Rs 240 crore and an OFS of Rs 348 crore, through which existing shareholders will offload 5.95 mn shares
 "Defence solutions major Data Patterns to raise Rs 588 crore via IPO")
Bipin Rawat: Outstanding military chief with vision of tri-service synergy
As India's first Chief of Defence Staff, Gen Rawat was tasked to bring in theatre command and jointness among the three services
 "Bipin Rawat: Outstanding military chief with vision of tri-service synergy")
Armed Forces face shortage of 9,362 officers, 113,193 personnel: Centre
In the Indian Army, 7,476 posts of officers and 97,177 posts of junior commissioned officers and other ranks are vacant
 "Armed Forces face shortage of 9,362 officers, 113,193 personnel: Centre")
New navy chief R Hari Kumar backs joint structure, theatre commands
Presents detailed explanation of acquisition process to establish need for equipment
 "New navy chief R Hari Kumar backs joint structure, theatre commands")
Adding economy to defence
Make in India for defence equipment is languishing in the absence of large orders that can make local production viable
 "Adding economy to defence")
India closes in on chopper export to the Philippines
Manila is evaluating a maritime variant of the Dhruv ALH, which HAL has developed in Bengaluru on request from the Indian Navy and Coast Guard
 "India closes in on chopper export to the Philippines")
India will protect legitimate rights in its territorial waters: Rajnath
The defence minister said that maritime linkages enabling the exchange of goods, culture and goodwill were foundational for mutual prosperity in the past, and continue to remain as such even today.
 "India will protect legitimate rights in its territorial waters: Rajnath")
