Author: News Desk
When considering investments, many of us look for options with guaranteed returns and minimal market risk. One such option is the Post Office Time Deposit (TD) Scheme. This scheme offers fixed interest rates across various tenures, and with careful planning, it can significantly increase your initial investment. Understanding the Fixed Deposit Interest Rates The Post Office FD Scheme provides different interest rates based on the investment period: For those looking to maximize returns, the 5-year FD is particularly attractive due to its higher interest rate. How to Maximize Your Investment To effectively double your investment, you need to invest in…
Meher Pudumjee is a prominent name in India’s engineering landscape, currently serving as the chairperson of Thermax Ltd. This Indian multinational engineering conglomerate specializes in clean air, clean energy, and clean water solutions and is headquartered in Pune. With over 20 years of leadership, Meher has guided the company, valued at Rs 63,307 crore, through significant growth and innovation. A Legacy of Leadership Meher is the daughter of Anu Aga, the former chairperson of Thermax and India’s richest woman in the construction and engineering sector, with a net worth of Rs 41,730 crore, according to Forbes. Anu stepped down in…
To mimic the efficiency and adaptability of snails, researchers at The Chinese University of Hong Kong have developed groundbreaking robotic technology. These “robo-snails” are not only capable of independent operation but can also collaborate in swarms to achieve complex tasks previously deemed challenging. Swarm Robotics: A New Frontier The concept of swarm robotics involves utilising multiple small robots that can operate independently or collaboratively. These robots communicate with each other to coordinate movements, allowing them to perform tasks like search and rescue in disaster zones or exploration in hazardous environments. The Evolution of Robotic Mobility Unlike aerial and underwater robots that can move in three dimensions by joining together, terrestrial robots have been limited to two-dimensional formations due…
Balvant Parekh, also known as Balvantray Kalyanji Parekh, is celebrated as ‘The Fevicol Man of India’ for founding Pidilite Industries, the billion-dollar company behind the iconic adhesive Fevicol. Parekh’s journey from a law graduate and freedom fighter to a successful entrepreneur is an inspiring tale of perseverance and innovation in post-independence India. Born in Mahuva, Gujarat, Parekh was deeply involved in the struggle for India’s independence, participating in the Quit India movement. Despite his passion for the cause, family pressure led him to study law. Parekh cleared the Bar Council Exam and earned a law degree, but his true calling…
When we think of a village, images of muddy roads, clay houses, and simple agricultural life often come to mind. However, a village in Gujarat’s Bhuj is changing this perception entirely. Madhapur, dubbed as Asia’s richest village, defies the typical rural stereotype and stands as a beacon of prosperity. A Wealthy Village in Gujarat Located on the outskirts of Bhuj in Gujarat, Madhapur is home to around 32,000 people. What sets this village apart is its astonishing wealth, with residents holding fixed deposits worth a staggering ₹7,000 crore. The village’s prosperity is largely due to its significant non-resident Indian (NRI)…
Devita Saraf, the dynamic chairperson and CEO of Vu Group, began her entrepreneurial journey at the age of 24 when she founded Vu Group. Today, Vu Televisions is a globally renowned Indian-owned TV brand, boasting a staggering revenue of ₹1,000 crore and over 3 million units sold. In 2020, the Hurun Report recognized Devita Saraf as the wealthiest self-made woman in India under 40. She was also featured among Fortune’s Top 50 Most Powerful Women in India and dubbed “India’s Model CEO” by Forbes. Born into a business-oriented family in Mumbai, Devita Saraf graduated from the University of Southern California. She is the daughter of Rajkumar Saraf, the…
Cristiano Ronaldo has solidified his status as the most popular sportsperson of all time with his recent YouTube debut. The football superstar, who is also the highest-paid athlete globally, launched his YouTube channel ‘UR Cristiano’ and achieved a remarkable milestone by amassing over 3.8 crore subscribers within just 2 days. This achievement underscores Ronaldo’s unparalleled global influence and his dominance across various social media platforms, including Instagram, X, and Facebook. A New Revenue Stream for the Football Icon With his new YouTube channel, Ronaldo has opened a new avenue for substantial earnings. YouTube creators typically earn between $2 to $12…
The Authority of Social Contribution – Ma’an has unveiled its latest social incubator program, in collaboration with startAD, a startup accelerator powered by Tamkeen and hosted at NYU Abu Dhabi. This new initiative, titled “Entrepreneurship for Social Impact,” aims to foster the growth of social enterprises focused on addressing Abu Dhabi’s social challenges. Program Focus and Eligibility The Ma’an social incubator is designed to cultivate a network of innovative social enterprises that bring best practices to solve pressing issues. Startups with missions targeting priorities such as support for people of determination, senior citizens, youth rehabilitation, and blue-collar workers’ well-being are…
Starbucks’ newly appointed CEO, Brian Niccol, has faced criticism for his plan to commute nearly 1,000 miles from his home in Newport Beach, California, to the company’s headquarters in Seattle using a corporate jet. Critics argue that this move contradicts the company’s public commitment to environmental sustainability. The decision to use a private jet has sparked concerns about greenwashing—promoting eco-friendly initiatives while allowing top executives to engage in environmentally harmful practices. Flexible Working Policy and Remote Office Niccol, who starts his role on September 9, will not be required to relocate to Seattle. Instead, he will commute three times a…
Kerala is set to make a significant leap in artificial intelligence and robotics with the establishment of its first robotic park in Thrissur. This new initiative aims to foster innovation, collaboration, and growth in the robotics sector, according to Minister for Industries, Law, and Coir, Shri P Rajeeve. Overview of the Robotic Park The robotic park will be developed on a ten-acre plot in Thrissur with support from the district panchayat. The park will be divided into four main sections: Upcoming Global Investors Meet In addition to the robotic park, Kerala will host a Global Investors Meet on February 21…