As per the new report, the top five biggest spenders in 2020 were the United States ($778 billion), China ($252 billion), India ($72.9 billion), Russia ($61.7 billion) and the United Kingdom ($59.2 billion) respectively.
Aceware FinTech Services, a fintech services company based out of Kerala has launched the state's first neobank, Ace Money Neobank in partnership with the Yes Bank and ICICI Bank.
In a major initiative, the state government has roped in Microsoft to take up skill development training for college students and unemployed youth in Andhra Pradesh.
The India has retained its position as the third biggest military spender in the world in 2020, according to new data titled 'SIPRI Military Expenditure Database'.
EXAMIANS