Author: News Desk

The Indian Premier League (IPL) is not just a cricket tournament but a massive business with huge money involved. The owners of IPL teams such as Royal Challengers Bangalore (RCB) and Punjab Kings (PBKS) earn significant profits from each match. This article explains how much money these team owners make from a single IPL game and the expenses they incur. High Revenue Generated by the IPL The IPL generates much more revenue than the amount spent by the team owners. This makes the tournament a strong business model. Revenues come from different sources like ticket sales, sponsorship deals, and media…

Dreamloop.ai secured the 2nd Runner-Up position at Eureka GCC 2025, a leading startup competition in Asia that saw participation from over 400 startups. The event was held in Dubai and brought together top innovators from the Gulf region and beyond. No-Code Gaming Platform Max2D Gains Global Attention Dreamloop.ai stood out for its AI-powered no-code game development platform, Max2D, which allows users to create mobile games without writing any code. Available on the Google Play Store, the app has gained over 3.4 million users across age groups, from children as young as 10 to adults over 50. The platform reflects Dreamloop’s mission…

The Adani Group announced a significant 29% increase in its total tax contributions for the financial year 2024–25 (April 2024 to March 2025), reaching ₹74,945 crore, up from ₹58,104 crore in FY 2023–24. This growth reflects both direct and indirect taxes paid, as well as social security contributions for employees across its portfolio companies. Breakdown of Tax ContributionsOf the total ₹74,945 crore paid, direct tax contributions accounted for ₹28,720 crore, indirect taxes ₹45,407 crore, and other contributions, including social security payments, amounted to ₹818 crore. The total tax outgo in FY25 is comparable to the cost of constructing the entire…

India’s Green Hydrogen Mission aims to introduce about 50 hydrogen-powered commercial vehicles on the roads this year. The plan is to scale up the deployment starting 2025, reaching over 1,000 such vehicles by 2030. Focus on Medium and Heavy-Duty Transport The initiative targets medium and heavy commercial vehicles, mainly used for long-distance freight. These vehicles contribute significantly to emissions, and battery-electric options are less practical here due to heavy battery weight and size. Hydrogen fuel is considered a viable alternative. Advantages of Hydrogen Fuel Hydrogen offers a higher energy density than batteries and requires lighter storage, making it suitable for…

Mukesh Ambani-led Reliance Industries has been ranked 23rd among the world’s top 30 most valued publicly traded tech companies, according to the report ‘Trends – Artificial Intelligence’. With a market capitalization of $216 billion (approximately ₹18.22 lakh crore), Reliance is the only Indian firm on the list, highlighting its global presence in the tech sector. Dominated by US Tech Giants The top 10 positions in the list are dominated by American companies including Microsoft, Nvidia, Apple, Amazon, Alphabet, Meta, Tesla, and Broadcom. Taiwan Semiconductor Manufacturing Company (TSMC) and China’s Tencent follow in 9th and 10th positions, respectively, showing that Reliance…

Vijay Mallya, former owner of Kingfisher Airlines and Royal Challengers Bangalore (RCB), expressed gratitude to RPG Group chairperson Harsh Goenka for publicly questioning the selective treatment meted out to him. Goenka’s post on social media suggested that Mallya has been unfairly targeted despite banks reportedly recovering over ₹9,000 crore of his dues. Claims of Excessive Recovery Mallya reiterated that banks have recovered ₹14,100 crore from him, against a debt of ₹6,203 crore as determined by the Debt Recovery Tribunal (DRT). He cited a written confirmation from the Union Finance Ministry to support this claim. Mallya raised concerns over what he…

According to NASA research, rebounding—bouncing on a mini-trampoline—for just 10 minutes is up to 68% more effective than 30 minutes of jogging. The study highlights that this low-impact aerobic activity improves stamina and cardiovascular strength while being significantly gentler on joints. Why Rebounding Works Unlike running, which concentrates impact on specific joints, rebounding spreads the stress evenly throughout the body. This reduces strain on knees, ankles, and hips, making it an ideal workout for those recovering from injuries or seeking joint-friendly exercise options. Easy to Do at Home All that’s needed is a mini-trampoline, which is compact and can be…

Paralympic gold medallist Harvinder Singh has become the first Indian para archer to be awarded the Padma Shri, India’s fourth-highest civilian honour. The recognition highlights his achievements and contributions to Indian sports, especially in the field of para archery. Award Ceremony at Rashtrapati Bhavan Harvinder received the Padma Shri from President Droupadi Murmu at a ceremony held at Rashtrapati Bhavan, Delhi. Reflecting on the moment, he expressed pride and gratitude for the national recognition of his hard work and dedication over the years. A Career of Perseverance and Excellence Harvinder Singh, a two-time Paralympic medallist and gold medallist at the…

In a significant gesture of benevolence, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has ordered the exemption of 303 Emirati citizens from repaying housing loans amounting to Dh101 million. This decision, announced on June 4, 2025, comes as part of the UAE’s ongoing efforts to support its citizens and enhance social welfare. The initiative aligns with directives from Sheikh Mohammed bin Rashid Al Maktoum, Vice-President, Prime Minister of the UAE, and Ruler of Dubai. It coincides with the first ten days of Dhul Hijjah, a period marked by increased charitable acts and spiritual reflection in…

In 2008, Bollywood actress Preity Zinta made a bold move by investing ₹35 crore to acquire a 23% stake in the Indian Premier League (IPL) team Punjab Kings. At the time, the IPL was a nascent venture, and Zinta’s decision was both unconventional and risky. Fast forward to 2025, and that initial investment has appreciated tenfold, now valued at approximately ₹350 crore. This remarkable growth is attributed to the exponential increase in the IPL’s popularity, lucrative media rights deals, and the overall surge in franchise valuations. Zinta’s active involvement with the team, often seen passionately supporting from the stands, has…