Author: News Desk
Entrepreneurship in Saudi Arabia is flourishing, with 42% of adults planning to start their own businesses within the next three years, according to the National GEM Report. Launched at the Biban24 Forum, the report highlights the Kingdom’s economic achievements and the growing role of women in business. Record High Entrepreneurial Intentions Saudi Arabia has reached its highest level of entrepreneurial intent in eight years. The report, produced by Prince Mohammed Bin Salman College of Business and Entrepreneurship (MBSC) in partnership with Babson Global, shows a surge in innovation and self-employment across the Kingdom. Rise in Early-Stage and Established Businesses The…
Google CEO Sundar Pichai publicly congratulated Donald Trump on his projected 2024 presidential win, calling it a “golden age of American innovation.” Pichai made the statement via a post on X, expressing optimism about technological advancements under Trump’s leadership. He emphasised Google’s commitment to collaborating with the new administration to drive innovation and deliver technological benefits across the nation. A Positive Vision for U.S. Innovation In his message, Pichai highlighted the importance of fostering innovation during this new phase. He stated, “We are in a golden age of American innovation and are committed to working with his administration to help…
Air India, owned by Tata Group, is considering a new route connecting Kochi (COK) and Dublin (DUB), marking its expansion into high-demand European destinations. Reports indicate that discussions have advanced between Air India, Cochin International Airport Limited (CIAL), and Irish authorities. This potential three-times-weekly service stems from increasing demand, with an estimated 118 passengers travelling daily between the two cities. Baby Pereppadan, Mayor of South Dublin, confirmed ongoing talks to establish the route, aiming to enhance connectivity and convenience for travellers. Currently, Air India dominates the India-Europe market, offering 114,000 one-way seats in 2024, a 36% increase from 2019. Post-merger…
Skoda India has officially introduced the much-anticipated Kylaq compact SUV, starting at an ex-showroom price of Rs 7.89 lakh. Bookings for the SUV will open on December 2, with deliveries expected to begin from January 27, 2025. The Kylaq will make its public debut at the Bharat Mobility Show in January 2025. Skoda’s Strategy to Tap into the Indian Market The Kylaq marks Skoda’s smallest SUV yet, and the brand is eyeing this compact model to drive a significant boost in its Indian sales. The company aims to achieve annual sales of over 1,00,000 units with this model, leveraging the…
Six Indian Americans have emerged victorious in the latest U.S. House of Representatives elections, increasing their representation from five to six in Congress. Among the notable wins is Suhas Subramanyam, who made history as the first Indian-American to be elected from Virginia and the entire East Coast. Suhas Subramanyam’s Historic Victory In Virginia, Subramanyam, a lawyer and Virginia State Senator, defeated Republican Mike Clancy. Subramanyam expressed his gratitude, stating, “I am honoured and humbled that the people of Virginia’s 10th District put their trust in me to take on the toughest fights and deliver results in Congress.” He emphasized the…
The Supreme Court on November 6, 2024, ruled that individuals holding a light motor vehicle (LMV) driving licence are authorised to drive transport vehicles with an unladen weight of up to 7,500 kg. This ruling provides relief to commercial vehicle drivers and challenges insurance companies that have been rejecting claims based on the weight of the vehicle and the driver’s credentials. Ruling Impact on Insurance Companies The judgement by a five-judge bench, led by Chief Justice D.Y. Chandrachud, addressed a legal issue that had caused disputes regarding insurance claims for accidents involving transport vehicles. Insurance companies had previously denied claims…
Elon Musk’s ties to Donald Trump have had a significant impact on both Tesla’s market performance and the potential for Tesla’s entry into India. After Trump’s victory in 2024, Musk’s companies saw a notable rise in shares, partly due to Musk’s close relationship with the newly elected president. Trump’s victory speech highlighted Musk as a “genius,” further enhancing investor confidence. As a result, Tesla shares surged by over 15%. Trump’s Praise and the Tesla Share Surge In his victory speech, Trump referred to Musk as an “amazing guy” and a “super genius.” This praise led to a positive investor response,…
Doctors are growing increasingly concerned about the health of NASA astronaut Sunita Williams as her time in space continues to extend. Recent photos of Williams have raised alarms among medical experts, suggesting that her health may not be at its best. Dr. Gupta, speaking to DailyMail.com, pointed out that Williams’ recent image could indicate that she is experiencing the stresses of living in space, even inside the pressurised cabin of the International Space Station (ISS). He remarked, “That image… suggests someone who is dealing with the natural stresses of being at a very high altitude for extended periods.” This concern…
As J-Hope wrapped up his mandatory military service last month, BTS fans were excited about the possibility of a reunion for the popular Korean boy band. However, recent statements from their management agency, HYBE, suggest that the much-anticipated reunion might take longer than expected. HYBE Hints at 2026 for Full BTS Reunion During HYBE’s Q3 earnings call on November 5, CFO Lee Kyung Joon revealed that discussions about BTS’ activities are being planned for 2026. While HYBE acknowledges that a full group comeback would generate significant revenue, they also noted that it may not be as profitable as before, given…
With Donald Trump’s victory in the 2024 U.S. elections, the spotlight is now on Usha Vance, who is set to make history as the first Indian-origin Second Lady of the United States. Usha Vance’s Journey to the White House Born in 1986 in San Diego to Indian immigrant parents, Usha Vance grew up in an upper-middle-class neighbourhood. She earned a Bachelor’s degree in History from Yale University and a Master of Philosophy degree from the University of Cambridge. Her impressive academic background laid the foundation for a distinguished career in law. Usha graduated from Yale Law School, where she clerked…