Hindustan Aeronautics Ltd (HAL) has prevailed over the Indian Air Force (IAF) in a long-running battle over the basic trainer aircraft on which IAF rookies will learn to fly.
Pic: AP. BEIJING (AP) China is cutting interest rates again in a new effort to shore up its anemic economic growth. The People’s Bank of China announced Saturday that it was cutting the rate on a one-year loan by commercial banks by 0.25 percentage point to 5.35 percent. The interest rate ...