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BEL signs MoU with Saab for radar
  • Defense undertaking BEL has signed a memorandum of understanding (MoU) with Saab, Sweden for jointly marketing the L-Band 3D Air Surveillance Radar, RAWL-03.
  • Bharat Electrical Limited (BEL) is engaged in the design, manufacture & supply of radars such as like weapon locating, surveillance & communication systems.
  • RAWL-03 will be offered in both ship-borne and land-based configurations.
Peru declares the 60-day state of emergency
  • Peru declared a 60-day state of emergency on its Colombian border to ensure security from the menace of drug trafficking in a region.
  • The state of emergency has been declared in Peru’s Amazonian province of Putumayo, which is separated from Colombia by the river of the same name.
  • The president informed the first patrol was carried out by the Peru police and armed forces.
WPI jumps to 5.77% in June
  • India’s wholesale inflation grew 5.77% in June, a four-and-half year high, driven by some food items and fuel prices.
  • Wholesale inflation rate, measured by Wholesale Price Index (WPI), is a marker for price movements in bulk buys for traders and broadly mirrors trends in shop-end prices.
  • The data for the month of April has been revised to 3.62% from 3.18%.
Forbes highest paid entertainers’ list
  • Floyd Mayweather with earnings of 285 million dollars topped the Forbes list of world’s 100 highest-paid entertainers.
  • Forbes said the world’s 100 top-earning entertainers pulled in a combined $6.3 billion pretax over the past 12 months.
  • Akshay is ranked 76th on the Forbes list of the World’s Highest Paid Celebrities 2018 while Salman is on the 82nd spot.