SIPRI Releases the ‘Trends in World Military Expenditure, 2019’ Report

The SIPRI released the ‘Trends in World Military Expenditure, 2019’ and ranked India as the 3rd largest military spender in the world. Highlights of the Report The report showed that the global military expenditure has increased to 1,917 billion USD ..

SIPRI: India one among top three military spender

On April 27, 2020, the Stockholm International Peace Research Institute (SIPRI) released its report on military spending of different countries in the world. According to the report, US, China and India are the three top most military spenders in 2019. ..

Month: Current Affairs - April, 2020

Nuclear Warheads and Modernising Arsenals

The 2019 Yearbook of the Stockholm International Peace Research Institute (SIPRI) makes the following observations: The worldwide total of nuclear warheads has decreased since 2018 and the countries are modernising their nuclear arsenals. Nine nuclear-armed countries (including India) had a ..

Trends in International Arms Transfers 2018 Report: Key Facts

The Stockholm International Peace Research Institute (SIPRI) has released the Trends in International Arms Transfers 2018 Report. The Key observations made in the report include: Russia’s arms export to India decreased by a whopping 42 per cent between 2014-18 and ..

Month: Current Affairs - March, 2019

Four Indian PSUs feature in world’s top 100 arms producers: SIPRI Report

The recently released rankings by Stockholm International Peace Research Institute (SIPRI) have placed four Indian Public Sector Undertakings among world’s top 100 arms producers. These companies are as follows: Indian Ordnance Factories (37th Rank) Hindustan Aeronautics (38th Rank) Bharat Electronics ..

Month: Current Affairs - December, 2018

9 nuclear countries have total 14,935 nuclear warheads: SIPRI

According to updated count by Stockholm International Peace Research Institute (SIPRI), the number of nuclear warheads with nine nuclear countries has reduced from 14,935 at start of 2017 to 14,465 at start of 2018. These nine countries are United States, ..

Month: Current Affairs - June, 2018

India emerges as fifth largest military spender in 2017: SIPRI

According to recently released report of Stockholm International Peace Research Institute (SIPRI), India has emerged as fifth largest military spender in 2017. India had spent $63.9 billion on defence in 2017, an increase of 5.5% compared with 2016, when it ..

Month: Current Affairs - May, 2018