NEW DELHI - In a sharp 11 percent increase in India's defence budget to aid rapid modernisation of the armed forces, Finance Minister Pranab Mukherjee Monday allocated Rs.164,415.19 crore (Rs.1.64 trillion/$36 billion) for its military in 2011-12.

NEW DELHI - India Monday steeply hiked its defence budget by 11 percent, pegging the 2011-12 allocation at Rs.164,415 crore (nearly $36 billion), to fuel the rapid modernization of the army, navy and the air force.

NEW DELHI - Defence personnel, who have suffered 100 percent disability during the course of their government service, will henceforth get a one-time compensation of Rs.9 lakh on par with paramilitary personnel fighting Maoists.

NEW DELHI - Finance Minister Pranab Mukherjee Monday said Indias defence budget for 2011-12 had been hiked to Rs.154,415 crore ($34 billion).

KOLLAM - India Sunday join a select band of titamium sponge producers with Defence Minister A.K.
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