Author: News Desk

Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has signed a Memorandum of Understanding (MoU) with SWAN Defence and Heavy Industries Ltd. The collaboration aims to advance indigenous shipbuilding, promote exports, support workforce development, and align with the government’s ‘Aatmanirbhar Bharat’ initiative. Focus Areas of the Alliance The partnership will target the construction of commercial vessels and offshore platforms for international clients. Both companies will combine their infrastructure and design capabilities to optimize costs and enhance competitiveness. A key part of the plan involves developing a skilled local workforce and establishing a strong vendor ecosystem to support shipbuilding operations. Company Profile…

India is preparing to expand its top-tier educational institutions to the United Arab Emirates, with new campuses of the Indian Institute of Management (IIM) and the Indian Institute of Foreign Trade (IIFT) planned in Dubai. The announcement was made by India’s Minister of Industry and Supply, Piyush Goyal, during a media briefing. According to Goyal, these developments highlight the strengthening ties between India and the UAE, particularly in the field of education and knowledge exchange. IIM’s Global Standing and Alumni Network The IIMs are among India’s most prestigious business schools, with 21 campuses across the country. Many of these institutions…

MSC Türkiye, one of the world’s largest and most fuel-efficient container ships, docked at the Vizhinjam International Seaport in Kerala for the first time. The port is operated by Adani Ports and SEZ Ltd (APSEZ). Boost to Vizhinjam’s Global Standing The arrival of MSC Türkiye is considered a significant achievement in India’s maritime sector. It strengthens Vizhinjam’s position as an emerging global transshipment hub capable of handling ultra-large container vessels (ULCVs). Vessel Specifications and Capacity Operated by the Mediterranean Shipping Company (MSC), MSC Türkiye measures 399.9 m in length, 61.3 m in width, and 33.5 m in depth. It has…

The Delhi government is set to launch the ‘Mahila Samriddhi Scheme’ on March 8, offering ₹2,500 per month to eligible women through Direct Benefit Transfer (DBT). Some beneficiaries may receive the first installment at an event expected to be held at Chhatrasal Stadium. Who Can Apply? Women who meet the following criteria are eligible: How to Register? The Delhi government is developing an online portal for applications. The IT department is also working on verification software to ensure eligible beneficiaries receive aid. Data from various departments will be used for authentication. Required Documents Though official details are yet to be…

The UK has revised its zero-emission vehicle policy, now allowing internal combustion engine (ICE) vehicles to be sold until 2035 instead of the earlier 2030 target. The decision is driven by changing global tariff structures and the need to protect the domestic economy, according to Prime Minister Keir Starmer. Trump’s Tariff Moves Spark Global Reactions Former US President Donald Trump’s tariff policies are cited as a key influence. His administration recently announced a 104% import duty on Chinese vehicles, following China’s 34% tariff on American goods. Such aggressive trade strategies are forcing countries to reconsider environmental timelines due to economic…

Alice Walton, the heir to Walmart, is now the world’s richest woman with a net worth of $102 billion. This wealth has grown by 46% in the past year, largely due to the rise in Walmart’s stock price. Walton is known for her private life, but her spending habits are no secret. She has a deep passion for art and horse breeding, and her fortune is used to fuel these interests. A Passion for Art Walton’s love for art began at a young age. She bought her first piece, a Picasso reproduction, at the age of 10 for just $2. Over the years,…

The Indian government has introduced a new Aadhaar mobile app that allows users to verify and share their Aadhaar details digitally, removing the need for physical cards or photocopies. The app enhances convenience, security, and privacy in daily Aadhaar-based verifications. Launched by IT Minister Union Minister for Electronics and IT, Ashwini Vaishnaw, launched the app in New Delhi. He called it a major step toward simplifying digital verification while maintaining personal data control. Key Features No More Physical Copies With this app, users won’t need to carry or submit Aadhaar photocopies at places like hotels, airports, or shops. This prevents…

Vivek Oberoi, a renowned Bollywood actor, has successfully transitioned into the world of business, showcasing his entrepreneurial spirit. In an exclusive interview with LiveMint’s Sounak Mukhopadhyay, the actor-turned-businessman shared insights into his career and entrepreneurial journey. Favorite Genre and Experience in Bollywood When asked about his favorite genre, Vivek mentioned that it’s difficult to choose because the role within a script and its complexity often determine his enjoyment. While he enjoys working in all genres, he finds comedies the most fun and light-hearted. On the other hand, action films and darker roles, though challenging, provide him with the opportunity to expand his acting…

Gujarat, Telangana, and Karnataka have jointly requested 15,000 electric buses (e-buses) under the PM e-Bus Sewa-Payment Security Mechanism (PSM) scheme. This is part of India’s broader target to deploy 50,000 e-buses by 2030 under the National Electric Bus Program (NEBP), focusing on nine key cities and seven states. National Rollout Plans and Pending Requests The NEBP, launched in 2022, targets major cities and seven states: Gujarat, Telangana, Karnataka, Delhi, Maharashtra, Tamil Nadu, and West Bengal. The government is still awaiting demand details from the remaining four participating states. Government Considers Cutting Per-Bus Subsidies To ensure wider coverage, the government is…

The Ministry of Road Transport and Highways (MoRTH) has launched five pilot projects to test hydrogen-powered buses and trucks in India. These pilots are part of the National Green Hydrogen Mission, aimed at encouraging the use of hydrogen in the transport sector. Vehicle and Route DetailsA total of 37 vehicles will be tested—15 using hydrogen fuel cells and 22 using hydrogen internal combustion engines. The trials will take place across 10 routes, including: Refueling InfrastructureNine hydrogen refueling stations will be set up to support the pilot projects. These stations are crucial to test and validate the feasibility of operating hydrogen…