Japan set fiscal 2026 defense spending near 2% of GDP as the Ministry of Defense expanded funding for missiles, drones and air defense.
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NEW DELHI: India is preparing a new fund worth more than 1 trillion rupees, or about $11 billion, to support domestic semiconductor production, according to a report published Thursday. The report said the proposed funding would provide subsidies for chip design projects, manufacturing equipment and the development of a local semiconductor supply chain,…