President Barack Obama on Saturday called on the US Congress to end the "reckless" and "dumb" budget cuts known as the sequester, and to adopt a plan of "smarter" cuts to fuel economic growth.
April 27 2013, 6:11 pm
Read MoreEven a rural festival celebrating the harvest of Georgia`s famous sweet onions isn`t safe from the federal budget battle 1,000 kilometres away.
March 11 2013, 12:25 am
Read MoreReduction of around Rs 14,000 crore in the defence budget for the current fiscal will not affect operational capabilities of the armed forces and important procurements will take place on time, Defence Minister A K Antony said.
March 6 2013, 1:48 pm
Read MorePakistan Tehreek-e-Insaf chairman Imran Khan has opposed cuts in Pakistan`s defence budget saying the country is in a vulnerable state and is fighting on both its borders.
April 1 2013, 11:02 pm
Read MoreUS President Barack Obama was in his elements over a whopping USD 85 billion forced spending cuts his administration was facing, saying, "My joke writers have been placed on furlough."
March 10 2013, 3:52 pm
Read MoreGovernment has imposed around five per cent cut in the Rs 1.93 lakh crore defence budget this year in view of economic slowdown.
January 2 2013, 8:09 pm
Read MoreChinese think tanks have rejected a US Congressional report on the Communist nation`s weapon`s development, describing it as a trick to offset the Pentagon`s shrinking budget.
April 7 2012, 5:19 pm
Read MoreDefence Minister AK Antony said there will be no cut in budget for procuring equipment essential for operational preparedness of armed forces.
November 10 2012, 3:44 pm
Read MoreUS President Barack Obama said Saturday his budget blueprint due to be unveiled next week will aim to reinvigorate America`s middle class while introducing reforms to curb the mushrooming deficits.
April 6 2013, 3:52 pm
Read MoreDespite the ruling earlier this week that allowed Natco, an Indian pharmacy to copy Bayer’s Nexavar, a blockbuster cancer drug that will bring down the price by 97%, the generic cancer drug is still too costly for most people. The generic version of the drug, German drug-maker Bayer's
April 23 2013, 4:46 pm
Read More