For the first time since 2009, military expenditures have gone up in all five geographical regions—America, Europe, the Middle East, Africa, and Asia-Oceania. India increased its defense spending in 2023, but it continues to trail the US, China, and Russia. India hiked its budget by 4.2 percent, whereas China’s military spending increased by 6 percent. … Continue reading India Nears $100 Billion In Defense Budget But Military Modernization Takes A Back Seat Over Pensions