The Brazilian gun manufacturer, Taurus Armas, is in contention for a significant tender initiated by the Indian Government. The tender aims at procuring 425,000 rifles, potentially leveraging local production as part of the ‘Make in India’ initiative. A crucial phase has been reached as India has requested 10 samples of the T-4 rifle from Taurus […]
Related Posts
Abel Ferreira Eyes Top Coach Award in Paulista
Following Palmeiras’ 2-0 win against Ituano, Coach Abel Ferreira shared insights on his team’s strategy and his personal goal. He deployed a unique formation, sidelining traditional wingers for a midfield quartet of Aníbal Moreno, Richard Ríos, Raphael Veiga, and Zé Rafael. This move, despite a less dynamic attack, leveraged the squad’s midfield strengths. The victory […]
Fitch has upgraded long-term ratings of four Brazilian states and two cities
Fitch Ratings has upgraded the long-term national ratings of four Brazilian states and two cities, with a stable outlook. The ratings were upgraded from AA(bra) to AAA(bra), the highest level on the national scale. The regions affected by the risk rating adjustment include: the State of São Paulo; the State of Alagoas; the State of […]
Brazil’s Stock Market’s Post-Holiday Surge
Following the Christmas holiday, Brazil’s Ibovespa index experienced a notable surge. On Tuesday, the index rose by 0.39%, reaching 133,267 points, driven by strong performances from Petrobras and Vale. Meanwhile, the dollar saw a modest decline, trading at R$ 4.85. Investors in Brazil are keenly awaiting new fiscal measures aimed at achieving a primary deficit […]