India, overtaken by Russia over the past one year, is now the world’s fourth-largest military spender, while China continues to spend almost four times and the US more than 10 times its defence budget, as global defence spending grew for the eighth consecutive year to reach an all-time high in 2022.

The country’s defence spending rose from $76.6bn in 2021 to $81.4bn last year to tackle twin threats emerging from China and Pakistan. Head to TOI+ to read more details:

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