Finance & Markets

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...

Israeli rival edged out by Indian firm, set to upgrade Indian Army’s AK-47

As said by officials on Sunday, in order to upgrade a small number of AK-47 assault rifles which are used by the Indian Army,...

Microsoft overtakes Apple as most valuable US company

Microsoft, the US software giant, overtook Apple as the most valuable US company on Friday right after the US stock market opening. Microsoft stock price...

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