HAL and BEL sign a mega deal for LCA Tejas Mk 1A fighter jet production
A mega deal, rare for the Indian industry, between Bharat Electronics Limited (BEL) and the Hindustan Aeronautics Limited (HAL) on Thursday, will involve supplying...
LIC of India improves its NPA position before IPO
Life Insurance Corporation (LIC), the Public sector company, is in the process of improving its asset quality in view of its upcoming initial public...
The US release Oil Stockpile to curb the rise in crude oil prices, other major consumers follow suit
The United States announced on the 23rd that it will release a part of its oil stockpiling to the market as the crude oil...
Indian govt nod to produce Russian AK-203 assault rifles, deal with Russia to be inked during President Putin’s December visit to India
The Defence Acquisition Council (DAC) has accorded its approval to manufacture the Russian AK-203 assault rifles in India. The production of AK-203 rifles is...
China cuts production of magnesium, the automotive industry in trouble
The world auto industry is on the verge of a new crisis in the wake of a shortage of microchips as the industry faces...