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New Delhi, Feb 26 (PTI) The government today allocated Rs 1,47,344 crore towards defence in 2010-11 budget, a paltry 4 per cent increase from last year's Rs 1,41,703 crore. Of the allocation provided, Rs 60,000 crore would go for capital expenditure, Finance Minister Pranab Mukherjee said...

The country’s top defence scientist has, for the first time, revealed that India’s new Shaurya missile, which can carry a one-tonne nuclear warhead over 750 kilometers, is specially designed to be fired from Indian submarines and could form the crucial third leg of India’s nuclear deterrent...