‘Defence Expo 2020’ inaugurated

‘Defence Expo 2020’ inaugurated

New Delhi: Prime Minister Narendra Modi declared that a target of ₹350 billion (USD 5 billion) had been set for defence equipment exports, over the next five years. The Prime Minister was speaking at the inaugural function of the ‘Defence Expo 2020’. Defence Ministers of 37 countries will be visiting the Defence Expo, and 176 […]

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Tesla Inc. Makers of Electric vehicles jumps to number 2 in the automobile sector

Tesla Inc. Makers of Electric vehicles jumps to number 2 in the automobile sector

Washington: Tesla Inc., makers of only electric cars since the last 12 years, has jumped to number 2 in the automobile sector companies. Tesla Inc. Shares registered an increase of 4%, in the transactions on Wednesday, taking the company’ market capitalisation above $100 billion. Tesla Inc. is the first electric car maker to reach this […]

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Central banks of the world concur on Digital Currency, Canada Japan and European countries included

Central banks of the world concur on Digital Currency, Canada Japan and European countries included

London/Tokyo: Claims that Digital currency or Cryptocurrency is the future, are being made consistently. The Central banks, who form a major portion of the global economy, have started taking these claims seriously. Over the last year, many central banks have given indications regarding digital currency. Taking the same issue forward, leading central banks of the […]

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Important decisions taken in the DAC meeting, ₹51 billion sanctioned for purchase of defence equipment   

Important decisions taken in the DAC meeting, ₹51 billion sanctioned for purchase of defence equipment   

New Delhi: – Meeting of the Defence Acquisition Council (DAC) was held in New Delhi, presided over by Defence Minister RajNath Singh. This is the first meeting held, after the appointment of General Bipin Rawat, as the Chief of Defence Staff of India.  Purchase of Defence equipment worth nearly ₹ 51 billion was approved during […]

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Major cyberattack on Mitsubishi company in Japan, Chinese hand suspected  

Major cyberattack on Mitsubishi company in Japan, Chinese hand suspected  

Tokyo/Beijing: – Mitsubishi, a leading multinational company in Japan and the world, suffered a major cyberattack. Mitsubishi Electric, one of the Mitsubishi group companies, was targeted in the attack and it is suspected that the Chinese hackers have perpetrated this attack. Only last month, Japan had participated in the NATO cyber exercises, to counter Chinese […]

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German action against suspected Chinese spies

German action against suspected Chinese spies

Berlin/Brussels/Beijing: Information has been received that the German agencies have initiated an action suspecting espionage activities by the Chinese intelligence agency- Ministry of State Security. Sources have informed that raids were conducted in Germany as well as in Belgium and three people including a senior official from the European Union are being interrogated. This is […]

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Reconsider the prediction for abundant oil supply, warns Bahrain fuel minister

Reconsider the prediction for abundant oil supply, warns Bahrain fuel minister

Riyadh: Bahrain Fuel Minister, Sheikh Mohammed Bin Khalifa Al Khalifa claimed ‘Indications are that the production of Shale Oil in the United States is about to cross 14 million barrels per day. Therefore, it is being predicted that there will be abundant oil available in the global markets. But now it is time for these […]

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Netherlands stops export of advanced technology to China, under US pressure

Netherlands stops export of advanced technology to China, under US pressure

Washington/Amsterdam/Beijing: It has been revealed that the export of advanced technology from the Netherlands to China, was stopped by US President Trump and the US administration, by pressurising the Netherlands. US Secretary of State, Mike Pompeo and other senior officials from the White House, took the initiative in the process. A few days ago, the […]

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US imposes new restrictions on the export of AI software to China and other countries

US imposes new restrictions on the export of AI software to China and other countries

Washington: The United States has imposed fresh restrictions on the export of Artificial Intelligence (AI) software linked to Geospatial Imagery, to China and other countries. As per the order, the companies exporting software in this special category will have to obtain a permit from the US administration. The new restrictions have been imposed to prevent […]

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Israel-Greece-Cyprus sign the agreement for EastMed Gas Pipeline

Israel-Greece-Cyprus sign the agreement for EastMed Gas Pipeline

Athens: Israel, Greece and Cyprus signed a deal to build the ambitious EastMed Gas Pipeline, for supplying fuel directly from Israel to Europe. Israeli Prime Minister Benjamin Netanyahu was present for the meeting held in the Greek capital of Athens, for this purpose. Prime Minister Netanyahu gave a reaction that this agreement is a historic […]

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