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...
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,...