Author: News Desk
The government has clarified that there is no plan to impose GST on UPI transactions above ₹2,000. Reports claiming this are false and baseless. GST Only on Payment-Related Charges GST is only applied to charges like the Merchant Discount Rate (MDR) for certain digital payments. Since January 2020, UPI Person-to-Merchant (P2M) transactions have had no MDR, meaning no GST is charged on them. Government Continues to Support UPI To boost UPI usage, an Incentive Scheme has been active since FY 2021-22. It supports low-value UPI (P2M) transactions and helps small merchants by lowering transaction costs. Incentive Scheme Payouts The scheme’s…
The RS 457 features a sleek, aerodynamic design inspired by Italian motorcycles. It includes triple LED headlights, a full-faired body, and sharp lines that make it stand out. The bike is available in Prismatic Dark, Opalescent Light, and Racing Stripes colors. Weighing 175 kg, it balances agility and road presence. Most parts are locally sourced from Piaggio’s Baramati plant, supporting eco-friendly production. Powerful 457cc EngineThe RS 457 is equipped with a 457cc parallel-twin engine producing 47 bhp and 43.5 Nm torque. It comes with a 6-speed gearbox and a slip-and-assist clutch. The bike can go from 0–60 km/h in under…
Urban Company is a tech-enabled, app-based platform offering a wide range of at-home services in beauty, wellness, and home maintenance. Founded by Abhiraj Singh Bhal, Varun Khaitan, and Raghav Chandra, the company connects consumers with verified service professionals for needs like plumbing, electrical repairs, cleaning, pest control, skincare, grooming, and more. As of December 2024, Urban Company operated in 59 cities, including 48 in India and others in countries such as the UAE, Singapore, and Saudi Arabia. IPO Plan and Fundraising Details Urban Company has filed a Draft Red Herring Prospectus (DRHP) with SEBI to launch its Initial Public Offering…
Campa Cola, India’s iconic fizzy drink, is making its way into the Omani market after establishing a foothold in the UAE. This move also marks a significant milestone for Reliance Consumer Products, which acquired the Campa Cola brand in 2022. Nostalgia for Indian Expats For Indian expatriates in the Gulf, especially those of a certain age, Campa Cola remains a nostalgic favorite. Alongside ‘Thums Up,’ it was one of the drinks that gained popularity before Pepsi and Coca-Cola re-entered India in the 1990s. A New Following Among Young Consumers Since the Reliance acquisition, Campa Cola has managed to attract a…
The Union Cabinet is expected to approve a Rs 25,000-crore Maritime Development Fund (MDF) aimed at boosting India’s shipping industry. The Ministry of Shipping has submitted the final proposal for Cabinet approval Background and Budget Announcement Finance Minister Nirmala Sitharaman had announced the creation of the MDF during the Union Budget on February 1, 2025. Following the budget announcement, the Ministry of Shipping held discussions with industry stakeholders to finalize the proposal. The Expenditure Finance Committee (EFC) has approved the proposal, which has now been forwarded for Cabinet approval. Funding Details and Contributions The MDF will provide financial assistance to…
Elon Musk, CEO of Neuralink, Tesla, and SpaceX, has claimed that robots will outperform even the best human surgeons within five years. The statement was made in response to a social media post highlighting recent advancements in robotic surgery. Cites Neuralink’s Brain Surgery Robot Musk referred to Neuralink’s surgical robot, which inserts brain-computer interface electrodes with extreme precision. He stated that humans couldn’t match the speed and accuracy required for this task, making robotic intervention essential. Backed by Real-World Results The post that Musk responded to featured Medtronic’s Hugo robotic system. It was tested in 137 real-world surgeries involving organs…
Bankrupt Pakistan is expected to face a serious shortage of medicines after India suspended all forms of trade with the country. Around 30–40% of Pakistan’s raw materials for medicines, including active pharmaceutical ingredients (APIs) and advanced therapeutic products, come from India. Pakistani health officials are worried that this trade halt will deeply affect their pharmaceutical sector. Emergency Measures Underway According to a Geo News report, the Pakistan Drug Regulatory Authority has not yet issued any official notice about the impact. However, emergency steps have been taken to avoid a medicine shortage. A senior official said they are exploring alternative ways…
Mangoes, often referred to as the “king of fruits,” are more than just a seasonal treat—they are a global business. At the heart of the world’s largest mango operation is Mukesh Ambani, known for leading India’s largest industrial empire. However, his influence extends into agriculture, where Reliance Industries has quietly built the world’s largest mango export operation through a 600-acre mango orchard in Jamnagar, Gujarat. The Origin of the Mango Orchard The journey of this remarkable orchard, named Dhirubhai Ambani Lakhibagh Amrai, began in 1997, during a time when Reliance was grappling with stringent environmental regulations related to its Jamnagar…
People Magazine’s latest issue has shaken up the traditional definition of beauty by naming 62-year-old actress Demi Moore as the “Most Beautiful Woman of 2025.” The magazine, known for celebrating youth as a standard of beauty, chose to spotlight Moore for her timeless elegance and recent resurgence in Hollywood. This marks a significant shift in how beauty is perceived in society, particularly when it comes to age. Demi Moore: Embracing Her Journey In an interview accompanying her cover feature, Moore shared her thoughts on beauty, aging, and body image. She expressed a deeper appreciation for her body as she ages,…
Samantha Ruth Prabhu made her acting debut in 2010 with Gautham Vasudev Menon’s Vinnaithaandi Varuvaayaa. Though her role in the film was brief, her strong screen presence made a lasting impression. In the same year, she starred in the hit Telugu film Ye Maaya Chesave, alongside her then-husband Naga Chaitanya. This film solidified her place in the industry, earning her critical acclaim and several awards, including the Filmfare Award for Best Debut Actress in the South. Building a Successful Career Samantha’s journey to stardom wasn’t immediate but was marked by her dedication and versatility. After Ye Maaya Chesave, she became known for her…