Author: News Desk

Amazon is set to enter India’s $6-billion quick commerce market, competing with established players like Zomato’s Blinkit, Swiggy Instamart, Zepto, Flipkart Minutes, and BigBasket. This marks a significant move under the leadership of Samir Kumar, Amazon India’s Country Manager, who announced the initiative on December 10 at the company’s flagship event, Smbhav in Delhi. Pilot Launch in Bengaluru The pilot program will begin in Bengaluru later this month, offering customers delivery of everyday essentials within 15 minutes. While earlier reports suggested the service might be named Tez, the company has yet to finalize a name for its quick commerce platform.…

Indian Railways’ Vande Bharat Express, India’s first semi-high-speed train, has been making waves for its speed and comfort, especially on the New Delhi-Varanasi route. However, questions have been raised about whether this new service is financially viable, particularly given concerns regarding its operational costs and its potential to cause losses to the government. Vande Bharat Express: A Premium Service The New Delhi-Varanasi Vande Bharat Express was launched in 2019 as a groundbreaking service, reducing travel time between the two cities. A second Vande Bharat Express was introduced on the same route in December 2023 to meet rising demand for faster…

Walmart-owned Myntra is revolutionizing online shopping with its M-Now service, offering 30-minute deliveries for clothes and accessories in Bengaluru without charging customers additional fees. Chief Executive Officer Nandita Sinha shared insights in an interview, highlighting Myntra’s strategy to stay competitive in the growing quick commerce sector. Myntra’s 30-Minute Delivery Service M-Now, Myntra’s rapid delivery initiative, launched in Bengaluru, aims to offer swift deliveries at no extra cost to customers. This move sets Myntra apart from other quick commerce players like Zomato’s Blinkit, Swiggy Instamart, and Zepto, who typically charge for faster deliveries. Focus on Customer Convenience While many companies add…

The Banking Laws (Amendment) Bill, 2024, passed by the Lok Sabha, brings significant updates to improve banking operations and customer convenience. These reforms, introduced by Finance Minister Nirmala Sitharaman, aim to modernise the banking sector and ensure stability. Key Changes in Nomination Rules The amendment allows account holders to allocate funds to multiple nominees in specified proportions, replacing the earlier provision of a single nominee. For bank lockers, a sequential nomination system ensures smooth access rights during unforeseen events. These updates simplify inheritance processes, enhance depositor rights, and build public trust in banking institutions. Enhanced Governance and Transparency Public sector…

Sanjay Malhotra has been appointed as the 26th Governor of the Reserve Bank of India (RBI). He takes over from Shaktikanta Das on December 11, 2024, as India faces challenges like inflation control and economic slowdown. A Stellar Career Journey Sanjay, a 1990 batch IAS officer from the Rajasthan cadre, brings over three decades of governance experience. His roles have spanned sectors such as power, finance, IT, and taxation, including serving as Revenue Secretary in the Ministry of Finance and Secretary in the Department of Financial Services. Academic Achievements With a degree in Computer Science from IIT Kanpur and a…

Jay Chaudhry was born in Panoh, a remote village in Himachal Pradesh, India. His early life was marked by poverty, with his family relying on small-scale farming for sustenance. Growing up without electricity or running water, Chaudhry’s determination to succeed was evident from a young age. Despite these challenges, he excelled academically and earned a degree in electronics engineering from IIT BHU. Journey to the United States In 1980, Chaudhry moved to the United States to pursue a master’s degree in engineering and marketing at the University of Cincinnati. This move was pivotal, providing him with the foundation to build…

Sneha Reddy, the wife of India’s highest-paid actor Allu Arjun, has carved her own path to success through entrepreneurship, education, and social media influence. Known for her quiet yet impactful presence, she has built a remarkable career alongside her husband’s rising stardom. A Journey Rooted in Education and Family Values Sneha Reddy was born into a prominent family with a strong focus on education. Her father, Kancharla Chandrasekhar Reddy, is the chairman of SCIENT Institute of Technology in Hyderabad. Sneha herself excelled academically, graduating with a degree in Electronics and Communication Engineering from MIT and later earning a master’s in…

Japan continues to push the boundaries of innovation with the introduction of the Mirai Ningen Sentakuki, an AI-powered washing machine designed to cleanse and refresh the human body in just 15 minutes. Developed by Science Co., this revolutionary device combines advanced water jets and AI technology, offering a personalized spa-like experience. The Concept The Mirai Ningen Sentakuki aims to redefine personal hygiene by not only cleaning the body but also focusing on mental well-being. With its unique design and functionality, it promises to offer a customized wash based on the user’s physical metrics and emotional state, ensuring both physical and…

Cristiano Ronaldo, the third-highest-paid athlete of all time with a career earning of $1.92 billion, continues to invest in an extravagant lifestyle befitting his success. Alongside his impressive car collection featuring Lamborghini, Ferrari, and Rolls Royce models, Ronaldo’s most notable purchase is his luxurious Gulfstream G650 private jet, valued at $73 million. Top-of-the-Line Features The Gulfstream G650 boasts exceptional amenities, perfectly complementing Ronaldo’s demanding lifestyle. With the capacity to seat 19 passengers, it also accommodates up to 10 for overnight rest across three living areas. The cabin design minimizes jet lag with optimized cabin pressure, ensuring a healthier flight experience.…

Saudi Arabia has unveiled Milaf Cola, a groundbreaking soft drink made entirely from dates. Touted as the world’s first cola crafted from the region’s cherished fruit, it promises a unique blend of health and flavor. A Healthier Alternative to Sugary Sodas Unlike traditional colas laden with sugar or corn syrup, Milaf Cola uses premium local dates. Packed with fiber, antioxidants, and essential minerals like magnesium and potassium, the drink positions itself as a nutritious choice without added sugar. It harnesses the natural sweetness of dates, offering a refreshing yet healthy alternative to conventional soft drinks. The Story Behind Milaf Cola…