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<keyword id="3658" type="General" weightage="100" keywordseo="india" source="Orion">India</keyword>'s <keyword id="6359526" type="General" weightage="20" keywordseo="military" source="Orion">military</keyword> spending of $76.6 billion ranked third highest in the world followed by the US and <keyword id="1334" type="General" weightage="80" keywordseo="china" source="Orion">China</keyword>, stated Sweden based think-tank -- Stockholm International Peace Research Institute (SIPRI) -- in its report published on Monday.<br /><br />The report stated that India's military spending was up by 0.9 per cent from 2020 and by 33 per cent from 2012. In a push to strengthen the indigenous arms industry, 64 per cent of capital outlays in the military budget of 2021 were earmarked for acquisitions of domestically produced arms.<br /><br />India is facing the threat of a two-front war -- from China and Pakistan. Since 2020, India has been engaged in border dispute at Line of Actual Control with China.<br /><br />The report also stated total global military expenditure has increased by 0.7 per cent in real terms in 2021, to reach $2,113 billion.<br /><br />It stated that the five largest spenders in 2021 were the US, China, India, the UK and Russia, together accounting for 62 per cent of expenditure, according to new data on global military spending.<br /><br />World military spending continued to grow in 2021, reaching an all-time high of $2.1 trillion. This was the seventh consecutive year that spending increased.<br /><br />"Even amid the economic fallout of the Covid-19 pandemic, world military spending hit record levels," said <keyword id="13702792" type="General" weightage="80" keywordseo="diego-lopes-da-silva" source="Orion">Diego Lopes da Silva</keyword>, Senior Researcher with SIPRI's Military Expenditure and Arms Production Programme.<br /><br />"There was a slowdown in the rate of real-terms growth due to inflation. In nominal terms, however, military spending grew by 6.1 per cent."<br /><br />As a result of a sharp economic recovery in 2021, the global military burden -- world military expenditure as a share of world gross domestic product (GDP), fell by 0.1 percentage points, from 2.3 per cent in 2020 to 2.2 per cent in 2021.<br /><br />Meanwhile, the US military spending amounted to $801 billion in 2021, a drop of 1.4 per cent from 2020. The US military burden decreased slightly from 3.7 per cent of GDP in 2020 to 3.5 per cent in 2021.<br /><br />"US funding for military research and development (R&amp;D) rose by 24 per cent between 2012 and 2021, while arms procurement funding fell by 6.4 per cent over the same period. In 2021 spending on both decreased. However, the drop in R&amp;D spending (-1.2 per cent) was smaller than that in arms procurement spending (-5.4 per cent)," the report stated.<br /><br />"The increase in R&amp;D spending over the decade 2012-21 suggests that the United States is focusing more on next-generation technologies," said <keyword id="12676475" type="General" weightage="80" keywordseo="alexandra-marksteiner" source="Orion">Alexandra Marksteiner</keyword>, Researcher with SIPRI's Military Expenditure and Arms Production Programme. The US government has repeatedly stressed the need to preserve the US military's technological edge over strategic competitors.<br /><br />Russia increased its military expenditure by 2.9 per cent in 2021, to $65.9 billion, at a time when it was building up its forces along the Ukrainian border. This was the third consecutive year of growth and Russia's military spending reached 4.1 per cent of GDP in 2021.<br /><br />As it has strengthened its defences against Russia, Ukraine's military spending has risen by 72 per cent since the annexation of Crimea in 2014. Spending fell in 2021, to $5.9 billion, but still accounted for 3.2 per cent of the country's GDP.<br /><br />China, the world's second largest spender, allocated an estimated $293 billion to its military in 2021, an increase of 4.7 per cent compared with 2020. China's military spending has grown for 27 consecutive years. The 2021 Chinese budget was the first under the 14th Five-Year Plan, which runs until 2025.<br /><br /><strong>SEE ALSO:<br /><a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/top-10-most-expensive-shares-in-india/slidelist/91073430.cms">MRF, Page Industries, Nestle among top 10 stocks that are extremely expensive to buy</a><br /></strong><a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/auto/news/hyundai-motors-profit-up-17-aims-to-sell-4-32-million-vehicles-this-year/articleshow/91073745.cms"><strong>Hyundai Motor's profit up 17%, aims to sell 4.32 million vehicles this year</strong></a><br />

India's military spending 3rd highest in the world, says report

<p class="financial-disclaimer"><i>When you buy through our links, we may earn money from our affiliate partners. <a href="https://www.insider-inc.com/commerce-on-insider-inc/">Learn more.</a></i></p><ul class="summary-list"><li><keyword id="9152326" type="UNKNOWN" weightage="60" keywordseo="israel-adesanya">Israel Adesanya</keyword> will defend the <keyword id="992778" type="ORGANIZATION" weightage="60" keywordseo="UFC">UFC</keyword> Middleweight Championship against Paulo Costa in the main event of <a href="https://go.web.plus.espn.com/c/196318/531511/9070?u=https%3A%2F%2Fplus.espn.com%2Fppv%2Fufc" target="_blank" rel="nofollow noopener sponsored">UFC 253</a> tonight on ESPN+.</li><li>Adesanya and Costa both enter <a href="https://go.web.plus.espn.com/c/196318/531511/9070?u=https%3A%2F%2Fplus.espn.com%2Fppv%2Fufc" target="_blank" rel="nofollow noopener sponsored">UFC 253</a> undefeated; Costa is known for his knockout power while Adesanya is respected for his fluid fighting style.</li><li><a href="https://go.web.plus.espn.com/c/196318/531511/9070?u=https%3A%2F%2Fplus.espn.com%2Fppv%2Fufc" target="_blank" rel="nofollow noopener sponsored">UFC 253</a> is the first in a series of five new events planned for <a href="https://www.businessinsider.com/ufc-fight-island-card" target="_blank" rel="noopener">UFC's Fight Island</a> campus in Abu Dhabi, United Arab Emirates.</li><li>You'll need an ESPN+ subscription to watch <a href="https://go.web.plus.espn.com/c/196318/531511/9070?u=https%3A%2F%2Fplus.espn.com%2Fppv%2Fufc" target="_blank" rel="nofollow noopener sponsored nofollow sponsored nofollow sponsored">UFC 253</a> in full — the main card is a $64.99 pay-per-view event, plus the price of your subscription.</li></ul><p>UFC Middleweight Champion Israel Adesanya will defend his title against Brazil's Paulo Costa in a clash of undefeated fighters at <a href="https://go.web.plus.espn.com/c/196318/531511/9070?u=https%3A%2F%2Fplus.espn.com%2Fppv%2Fufc" target="_blank" rel="nofollow noopener sponsored">UFC 253</a> tonight on ESPN+. <keyword id="9989709" type="UNKNOWN" weightage="60" keywordseo="ufc-253">UFC 253</keyword> will stream exclusively via ESPN+ with the main card starting at 10 p.m. ET and early prelims beginning at 7 p.m. ET.</p><p>Adesanya established himself as one of UFC's most dominant champions in 2019, defeating UFC legends Anderson Silva and Robert Whittaker to claim the belt. Costa has a reputation as one of UFC's most powerful fighters, earning knockouts in 11 of his 13 career matches. Positive tests for performance enhancing substances derailed Costa's UFC career in 2018 but his unbeaten record and knockout prowess make him one of UFC's most highly regarded fighters.</p><p><a href="https://go.web.plus.espn.com/c/196318/531511/9070?u=https%3A%2F%2Fplus.espn.com%2Fppv%2Fufc" target="_blank" rel="nofollow noopener sponsored">UFC 253</a> is the first in a series of five new events planned for <a href="https://www.businessinsider.com/ufc-fight-island-card" target="_blank" rel="noopener">UFC's Fight Island campus</a> on Yas Island in Abu Dhabi, United Arab Emirates. The league held a previous series of events on the island back in July. The new UFC Fight Island matches will include multiple UFC Fight Night events with high profile fighters, like Holly Holm, Marlon Moraes, and Chan Sung Jung a.k.a. "The Korean Zombie."</p><p>Fans will not be in attendance for <a href="https://go.web.plus.espn.com/c/196318/531511/9070?u=https%3A%2F%2Fplus.espn.com%2Fppv%2Fufc" target="_blank" rel="nofollow noopener sponsored">UFC 253</a> or any of the other events due to the coronavirus pandemic. UFC has implemented at least 18 different safety precautions for staff, including advanced medical screenings, temperature checks, and social distancing guidelines.</p><p><em>Updated on 9/26/2020 by Steven Cohen: We've revised the language of this article to remind readers that UFC 253 will be streamed tonight on ESPN+.</em></p><h2>Here's the match schedule for UFC 253: Adesanya vs. Costa</h2><div type="image" title="espn+" height="900" width="1200" msid="78286127" hostid="261"></div><h3>Early Prelims — 7 p.m. ET, 4 p.m. PT only on UFC Fight Pass</h3><ul><li>Khadis Ibragimov versus Danilo Marques [Light Heavyweight]</li><li>Juan Espino versus Jeff Hughes [Heavyweight]</li></ul><h3>Prelims — 8 p.m. ET, 5 p.m. PT on <a href="https://go.web.plus.espn.com/c/196318/531511/9070?u=https%3A%2F%2Fplus.espn.com%2Fppv%2Fufc" target="_blank" rel="nofollow noopener sponsored">ESPN+</a> and ESPN</h3><ul><li>William Knight versus Aleksa Camur [Light Heavyweight]</li><li>Shane Young versus Nate Landwehr [Featherweight]</li><li>Diego Sanchez versus Jake Matthews [Welterweight</li><li>Brad Riddell versus Alex Da Silva [Lightweight]</li></ul><h3>Main Card — 10 p.m. ET, 7 p.m. PT only on <a href="https://go.web.plus.espn.com/c/196318/531511/9070?u=https%3A%2F%2Fplus.espn.com%2Fppv%2Fufc" target="_blank" rel="nofollow noopener sponsored">ESPN+</a> for $64.99</h3><ul><li>Hakeem Dawodu versus Zubaira Tukhugov [Featherweight]</li><li>Ketlen Vieira versus Sijara Eubanks [Women's Bantamweight]</li><li>Kai Kara-France versus Brandon Royval [Flyweight]</li><li>Dominick Reyes versus Jan Blachowicz [Light Heavyweight]</li><li>Israel Adesanya versus Paulo Costa [Middleweight Title Match]</li></ul><h2>How to watch UFC 253</h2><p><a href="https://go.web.plus.espn.com/c/196318/531511/9070?u=https%3A%2F%2Fplus.espn.com%2Fppv%2Fufc" target="_blank" rel="nofollow noopener sponsored nofollow sponsored">UFC 253</a> is separated into three portions: the early prelims, the prelims, and the main card. The early prelims are only available to <a href="https://welcome.ufcfightpass.com/region/united-states" target="_blank" rel="noopener">UFC Fight Pass subscribers</a>, while the prelims will air on ESPN+ and the ESPN cable channel. The main card, meanwhile, is an <a href="https://go.web.plus.espn.com/c/196318/531511/9070?u=https%3A%2F%2Fplus.espn.com%2Fppv%2Fufc" target="_blank" rel="nofollow noopener sponsored">ESPN+ exclusive pay-per-view event</a>.</p><p>This means that you have to subscribe to the ESPN+ streaming service before you're able to purchase the PPV fight. An ESPN+ membership costs $5.99 per month or $49.99 per year. The <a href="https://go.web.plus.espn.com/c/196318/531511/9070?u=https%3A%2F%2Fplus.espn.com%2Fppv%2Fufc" target="_blank" rel="nofollow noopener sponsored">UFC 253 PPV event</a> costs $64.99 for ESPN+ subscribers.</p><p>You can access the ESPN+ app on all major mobile and connected TV devices, including Amazon Fire, Apple, Android, Chromecast, PS4, Xbox One, Roku, Samsung Smart TVs, and more.</p><h3>Ways to save on the <a href="https://go.web.plus.espn.com/c/196318/531511/9070?u=https%3A%2F%2Fplus.espn.com%2Fppv%2Fufc" target="_blank" rel="nofollow noopener sponsored nofollow sponsored">UFC 253</a> pay-per-view price</h3><p>If you plan on signing up for ESPN+ to watch UFC 253, you can take advantage of a special discounted package.</p><p>New subscribers can purchase a year-long ESPN+ membership with access to UFC 253 included for a total of $84.98. That's over 25% off the standard price. Following your first year of service, ESPN+ will then renew for the regular annual price of $49.99.</p><h3><a href="https://go.web.plus.espn.com/c/196318/595608/9070" target="_blank" rel="nofollow noopener sponsored">Bundle the next UFC PPV with an ESPN+ Annual Plan to save over 25% </a></h3><a data-type="5f08d614aee6a82b3e522014">UFC Fight Island will deliver 4 events from a private 'bubble' in the United Arab Emirates — here's the full schedule and how to watch</a><a data-type="5da4c30dcc4a0a19d4539316">ESPN+: All your questions answered about ESPN's streaming service</a><a data-type="5dcebbf17eece54add0245a2">How to get the Disney Plus bundle with ESPN+ and the different versions of Hulu</a><a data-type="5ebc4404e3c3fb1e085aa273">Germany's premier soccer league, the Bundesliga, will begin its new season on September 18 — here's how to watch live on ESPN+</a>

How to watch UFC 253: Middleweight champion Israel Adesanya faces undefeated challenger Paulo Costa

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India's military spending 3rd highest in the world, says report

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How to watch UFC 253: Middleweight champion Israel Adesanya faces undefeated challenger Paulo Costa

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