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South Korea inflation sinks to near 16-yr low

South Korea`s inflation rate dipped further in March to the lowest level in nearly 16 years as falling oil prices stoked deflationary fears, state data showed Wednesday.

High rise near Navy base a security threat: Navy to HC

The Naval authorities on Friday told the
Bombay High Court that a high rise building in south Mumbai is
a security threat as there are sensitive installations in
the area.

INS Chakra nearing completion trials, delivery in June

The trial of Indian Navy`s
Akula-II class nuclear attack submarine are nearing completion
according to Russian shipbuilders, paving the way for its
leasing to India on schedule next month.