Author: News Desk
A viral video that claims Finance Minister Nirmala Sitharaman and RBI Governor Shaktikanta Das are endorsing an investment application, which allegedly promises to quadruple users’ investments, has been found to be a deepfake. Channeliam Fact Check investigated the video and confirmed its falsity. The video shows Nirmala Sitharaman and Shaktikanta Das discussing the app’s safety and returns, but there is no such endorsement from either of them in any of their verified public appearances. A reverse search led to an interview with Nirmala Sitharaman where she discussed government policies, but there was no mention of any investment app. Similarly, a…
The Indian rupee fell to an all-time low of 84.50 against the US dollar on Thursday, marking a 0.1% decline during the session and a 1.5% drop this year. This depreciation is largely attributed to significant foreign fund outflows from Indian markets and growing global risk aversion, exacerbated by the ongoing Russia-Ukraine conflict. RBI’s Response to IMF Criticism Despite the rupee’s slide, a co-authored article by RBI Deputy Governor Michael Patra contested the IMF’s decision to classify India’s exchange rate policy as a “stabilised arrangement” for the period of December 2022 to October 2023. The Reserve Bank of India (RBI)…
After recovering from allegations of fraud by Hindenburg Research earlier this year, Gautam Adani and the Adani Group have landed in a new controversy. US prosecutors have charged Gautam Adani and seven others in a $250 million bribery scheme involving Indian officials. Stocks of the Adani Group saw a steep decline of up to 20% as news of the charges broke. The Bribery Scheme Uncovered The bribery allegations date back to 2019-2020, during which Adani Green Energy secured contracts from the Solar Energy Corporation of India (SECI). These contracts were part of a $6 billion investment in solar energy. Prosecutors…
Nayanthara, one of the most celebrated actresses in South Indian cinema, has recently been embroiled in a legal dispute with actor Dhanush over her Netflix documentary. However, the controversy has not overshadowed her remarkable financial success, as the “Lady Superstar” continues to shine with a net worth of Rs 200 crore. A Luxurious Lifestyle Nayanthara’s opulent lifestyle reflects her success both in front of the camera and behind the scenes. She owns multiple properties across India, with her real estate portfolio valued at over Rs 100 crore. Her luxurious 4BHK apartment in Mumbai boasts amenities like a private cinema hall…
Thiruvananthapuram, Nov 20: Chief Minister Shri Pinarayi Vijayan launched an exclusive app for Huddle Global 2024, India’s largest beachside startup festival, organised by Kerala Startup Mission (KSUM). The festival will take place from November 28 to 30 at Kovalam. The CM unveiled the app during a function at his office, with KSUM CEO Shri Anoop Ambika and other senior officials present. The app is designed to enhance networking among entrepreneurs, mentors, investors, and participants, fostering business collaborations and idea exchanges. Features of the Huddle Global 2024 App The app provides comprehensive information about the festival, including session details, venue locations,…
Aadit Palicha, the 22-year-old co-founder of Zepto, is quickly becoming one of India’s most prominent young entrepreneurs. Known for his bold business strategies and rapid scaling, Palicha’s rise has been nothing short of meteoric. In 2021, he co-founded Zepto, a quick-commerce platform that has quickly gained traction in the competitive online grocery space. Early Entrepreneurial Journey Before Zepto, Palicha founded GoPool at just 17 years old, a venture that grew rapidly to achieve a multi-crore valuation in a short time. However, it was his transition to the grocery industry that put him on the map. After dropping out of Stanford…
Tata Motors has unveiled its first Automated Manual Transmission (AMT) truck, the Prima 4440.S AMT, at the Heavy Equipment and Trucks (HEAT) Show in Dammam, Saudi Arabia. This launch marks a significant step in addressing the country’s growing transportation and logistics needs, with a truck designed for comfort, fuel efficiency, and superior performance. Features of the Prima 4440.S AMT Truck Built on the renowned Prima platform, the Prima 4440.S AMT combines driver comfort with a durable drivetrain. The truck includes advanced features like a Load-Based Speed Control System, Shift-Down Protection, and Auto Start-Stop, which optimise fuel efficiency and enhance productivity.…
Bengaluru, often dubbed the Silicon Valley of India, is known for its culture of innovation and entrepreneurship. In a city where big tech ideas are constantly taking shape, even the humble auto-rickshaw ride has become a space for business ideas. Samuel Christy, an auto driver and graduate, has taken this to a new level by using his vehicle as a platform to raise funds for his startup. Christy caught attention by posting a sign inside his auto that reads: “Hi passenger, my name is Samuel Christy. I’m a graduate looking to raise funds for my startup. If you’re interested, please…
Nishant Jaiswal’s journey on Kaun Banega Crorepati 16 took a surprising turn when he chose to quit the game after answering the Rs. 50 lakh question — despite knowing the correct answer. His decision has left viewers wondering why he stepped away from such a significant amount, even though his guess turned out to be right. The Question That Stopped Him The pivotal moment came when Nishant was asked a tough question: Which photographer, who clicked pictures of Gandhiji in real life, was played by Candice Bergen in the Oscar-winning movie Gandhi? The options were: Unsure of the answer, Nishant…
India presents a tale of two cities when it comes to air quality. Thiruvananthapuram, Kerala’s state capital, shines as a beacon of environmental success, while New Delhi grapples with hazardous pollution levels. Kerala’s Breath of Fresh Air According to the Central Pollution Control Board (CPCB), Thiruvananthapuram boasts an Air Quality Index (AQI) of 66, marking it as one of the least polluted cities in India. This achievement stems from proactive eco-friendly initiatives by the Thiruvananthapuram corporation. The city’s carbon-neutral mission aims for net-zero emissions by 2035 through programs like carbon credit trading, solar energy adoption, LED lighting, and the introduction…