Author: News Desk

India’s central bank is taking decisive steps to tighten regulations on gold loans, implementing stricter underwriting processes and monitoring the end-use of funds. This move comes as the segment experiences rapid growth, raising concerns over financial stability and ethical lending practices. The Reserve Bank of India (RBI) is pushing banks and non-banking financial institutions (NBFCs) to enhance borrower background checks and verify ownership of pledged gold. These measures aim to ensure that lending in this sector remains within ethical and regulatory boundaries. The regulator’s audits over the past year have revealed irregularities in gold valuation, loan sourcing, and fund utilization,…

A recent Forbes list reveals the world’s ten poorest countries, highlighting the severe poverty that plagues these nations. Madagascar, an island nation with friendly relations with India, ranks 10th on this list. Notably, neither Bangladesh nor Pakistan appears among the ten. 1. South Sudan: The Youngest and Poorest South Sudan, the youngest nation globally, holds the unfortunate title of the poorest, with the lowest GDP per capita. Since gaining independence in 2011, its total GDP stands at $29.99 billion, supporting a population of 11.1 million. 2. Burundi: Economic Struggles Burundi ranks as the second poorest country, with a GDP of $2.15 billion and a population of 13.5…

Sundar Pichai, the CEO of Google and Alphabet, is known for his deep involvement in technology. In an interview, he revealed that he uses over 20 phones simultaneously, a necessity to ensure Google’s products work seamlessly across different devices. Beyond his tech habits, Pichai has an open approach to parenting, encouraging his children to set personal screen-time limits rather than enforcing strict rules. Emphasis on Security and AI’s Future When it comes to cybersecurity, Pichai prefers using two-factor authentication over frequently changing passwords, highlighting its effectiveness in protecting online accounts. He is also a strong advocate for artificial intelligence, calling it as revolutionary as the discovery of fire…

GreenCell Mobility’s NueGo has launched India’s first electric AC sleeper bus service, marking a significant move toward eco-friendly intercity travel. The service will initially operate on key routes, including Delhi–Amritsar, Bangalore, Chennai, Hyderabad–Rajahmundry, and more, with plans for further expansion. Comfort-Driven and Ergonomic Design The new sleeper buses are designed for passenger comfort, featuring ergonomic berths with backrests, soft-touch interiors, ambient LED lighting, USB charging ports, night reading lamps, and modern sanitation facilities. The aerodynamic design, monocoque chassis, and optimized tubular structure ensure improved stability and efficiency. Advanced Safety and Performance Features Equipped with ABS brakes, electronic stability control (ESC),…

MGA Entertainment, the maker of popular toys like Bratz and L.O.L. Surprise! Dolls, is set to move 40% of its production from China to India, Vietnam, and Indonesia within the next six months. Currently, only 10-15% of its manufacturing is outside China. CEO Isaac Larian confirmed that the company is accelerating this transition due to ongoing trade tensions between the US and China. Impact of US Tariffs on Toy Makers Amid escalating tariffs imposed by the US government, major toy suppliers to Walmart and Target are adjusting their strategies. Even after MGA’s shift, 60% of its production will remain in…

The UAE’s latest Synthetic Aperture Radar (SAR) satellite, Etihad-SAT, launched at 10:39 AM on March 15 from Vandenberg Space Force Base, California. The satellite will be carried aboard SpaceX’s Falcon 9 rocket, further advancing the Mohammed Bin Rashid Space Centre’s (MBRSC) Earth observation capabilities. Residents in the UAE and space enthusiasts worldwide can watch the launch live from 10:15 AM via MBRSC’s official website. A Major Step in UAE’s Space Ambitions Last month, Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum confirmed the completion of the project, emphasizing the UAE’s commitment to space exploration. He highlighted the…

As Bengaluru faces a worsening water crisis, one citizen’s initiative is making a significant impact. Ganesh Shanbhag, a software engineer with a passion for environmental conservation, has helped over 300 apartment complexes adopt rainwater harvesting (RWH) systems. His efforts have saved lakhs in water costs and contributed to groundwater replenishment. According to The Better India, Ganesh’s journey into water conservation began when his own apartment’s borewells dried up, forcing residents to rely on expensive water tankers. Determined to find a sustainable solution, he implemented a cost-effective RWH system in his 100-flat complex. Within two months, they saved ₹2 lakh in water…

Chandigarh resident Rattan Dhillon recently uncovered 37-year-old physical share certificates of Reliance Industries Ltd (RIL) worth ₹12 lakh while cleaning his home. Originally purchased in 1988 at ₹10 per share, stock splits and bonuses had increased the total to 960 shares. Frustration with Lengthy Process Initially eager to digitize the shares, Dhillon soon realized the process was fraught with bureaucratic obstacles. He would need a legal heir certificate, a succession certificate, and clearance from the Investor Education and Protection Fund Authority (IEPFA), with the entire process potentially taking years. Disheartened, he decided to abandon the effort, stating on social media…

NASA has successfully launched the Crew-10 mission aboard the Falcon 9 rocket to facilitate the long-awaited return of astronauts Sunita Williams and Butch Wilmore from the International Space Station (ISS). The launch took place from Kennedy Space Center, carrying the SpaceX Dragon Crew-10 spacecraft, which plays a critical role in their return journey. Crucial Mission for Crew-9’s Return If the Crew-10 mission proceeds as planned, Sunita and Wilmore, members of the Crew-9 team who have been stranded in space for months, will finally be able to return to Earth. NASA officials have stated that their return could take place within…

Chinese robotics startup AgiBot has unveiled its latest innovation, the Lingxi X2, a versatile humanoid robot that blends cutting-edge artificial intelligence with advanced robotics. The robot aims to set new standards in robotic mobility and versatility, outperforming competitors by offering superior motion, interaction, and task intelligence. Designed to walk, run, turn, and even perform complex actions like dancing, riding a scooter, and cycling, the Lingxi X2 showcases exceptional agility and dynamic performance. Key Features of the Lingxi X2 The Lingxi X2 boasts a flexible exterior, integrating key components that enable its extraordinary agility. One of the standout features is its…