Author: News Desk
After securing the Dharavi redevelopment project, the Adani Group has emerged as the highest bidder for the Rs 36,000 crore Motilal Nagar redevelopment in Mumbai. Covering 143 acres in Goregaon (W), this is one of the city’s largest housing projects. Highest Bidder with Maximum Built-up Area Adani Properties Pvt Ltd (APPL) outbid L&T by offering a larger built-up area, making it the top contender for the project. A formal Letter of Allotment (LoA) will be issued soon. Government and Court Approval for Redevelopment The Bombay High Court recently allowed the Maharashtra Housing and Area Development Authority (MHADA) to proceed with…
As the festive season approaches, Indian Railways has announced 62 special trains to accommodate increased passenger demand during Holi and the subsequent long weekend. These trains will operate on multiple routes to ensure smooth and timely travel. Special Arrangements for Holi Travel Holi, one of India’s most widely celebrated festivals, falls on March 13 and 14 this year. With a long weekend following on March 15 and 16, there is an expected surge in travel across the country. To manage the high passenger traffic, Indian Railways has introduced several special train services on key routes. List of Key Special Trains Here are some major special train services being introduced for the Holi season: North Western…
Reliance Jio has joined forces with SpaceX to bring Starlink’s satellite internet service to India. However, the partnership hinges on SpaceX securing the necessary regulatory approvals to operate Starlink in the country. Once approved, Jio plans to distribute Starlink services through its retail outlets and online platforms. Mathew Oommen, Group CEO of Reliance Jio, emphasized the company’s commitment to expanding broadband access nationwide. “Our goal is to provide high-speed internet to every Indian, regardless of location. Collaborating with SpaceX to introduce Starlink in India marks a significant step towards universal connectivity,” he stated. By integrating Starlink into its broadband offerings,…
India’s wealthiest temple trust, Tirumala Tirupati Devasthanam (TTD), is expected to pay less than 1.5% Goods and Services Tax (GST) on its annual income of ₹4,774 crore in FY25, according to a Moneycontrol analysis. Political Controversy Over GST on Temples A debate over GST on temples has sparked political disputes between the ruling BJP and opposition Congress. Congress leader Jairam Ramesh recently highlighted reports claiming temples were being taxed. However, BJP leader Amit Malviya clarified that GST applies only to commercial activities linked to temples, not religious or spiritual services. Previous GST Notices for Temples In November 2024, the Sree…
Mark Carney, Canada’s newly elected Prime Minister, has amassed an estimated net worth of $6.97 million as of 2025, according to Pierre Poilievre News. His wealth is largely attributed to his successful career in finance, spanning investment banking, corporate leadership, and central banking. From Goldman Sachs to Government: Carney’s Financial Rise Carney’s financial journey began at Goldman Sachs, where he worked for 13 years across major global financial hubs, including Boston, London, New York, Tokyo, and Toronto. Holding roles such as co-head of sovereign risk and managing director of investment banking, he built a strong foundation in global finance. During…
The iconic quiz-based game show Kaun Banega Crorepati (KBC) is set to complete 25 years on July 3, 2025. Hosted by Amitabh Bachchan for nearly its entire run, except for the third season in 2007, which was hosted by Shah Rukh Khan, the show remains one of India’s most popular television programs. Currently, Bachchan is hosting KBC 16, which premiered on August 12 and has been airing on Sony Entertainment Television and SonyLIV for the past seven months, surpassing 150 episodes. Is KBC 16 Bachchan’s Last Season? Reports suggest that KBC 16 may be Amitabh Bachchan’s final season as host.…
GoStops is redefining budget travel by offering affordable, community-driven hostels for young travelers. Unlike traditional hotels, GoStops provides dorm-style accommodations with vibrant social spaces, designed to foster connections among travelers. Business Model: Converting Hotels into Hostels Instead of building new properties, GoStops takes over existing hotels with 20-50 rooms and converts them into hostels. The process includes installing dorm beds, lockers, and shared recreational areas to create a lively atmosphere tailored for backpackers, digital nomads, and budget-conscious travelers. Expanding Across India Since its founding in 2014 by Pallavi Agarwal and Pankaj Parwanda, GoStops has grown to over 30 locations, including…
Assam is collaborating with ISRO to launch a geostationary satellite worth ₹450-500 crore. The satellite aims to monitor illegal infiltration, provide early flood warnings, and support farmers with weather updates. Chief Minister Himanta Biswa Sarma announced the initiative after allocating funds in the 2025-26 budget. Expanding Digital and Tech Initiatives The budget also includes: Need for a Dedicated Satellite CM Sarma cited a coal mine accident in Umrangso, where satellite data took 45 days to access. A state-owned satellite would ensure real-time surveillance and better response to such incidents. Socio-Economic Impact State Finance Minister Ajanta Neog highlighted that “ASSAMSAT” will facilitate critical…
On March 10, the Karnataka Assembly approved a bill requiring e-commerce platforms like Amazon, BigBasket, D-Mart, and Udaan to pay a cess to local mandis when selling agricultural staples such as rice, flour, fruits, and vegetables. The Karnataka Agricultural Produce Marketing (Regulation and Development) (Amendment) Bill mandates that any platform facilitating the sale of regulated farm produce must contribute a cess to Agricultural Produce Market Committees (APMCs). It also extends regulations to warehouse service providers and dark stores involved in storage and distribution. Key Provisions of the Bill Service Fee Cap & Insurance Requirement For fruits, vegetables, and flowers, warehouse…
The Indian government has significantly increased railway safety investments, allocating over ₹1.14 lakh crore per year to upgrade infrastructure, reduce accidents, and modernize the network. Railway Minister Ashwini Vaishnaw highlighted these efforts during the Rajya Sabha discussion on the Railways (Amendment) Bill 2024. Sharp Decline in Railway Accidents Vaishnaw stated that railway accidents have significantly decreased due to various safety measures. The number of incidents has dropped from 171 to just 30 per year. The government has focused on upgrading tracks, installing advanced safety devices, and addressing risks at level crossings. To enhance passenger and train safety, 9,000 unmanned level…