Author: News Desk

Qatar has committed to investing $10 billion in India across multiple sectors. This decision was announced in a joint statement following the visit of Qatar’s Emir, Sheikh Tamim bin Hamad Al-Thani, to New Delhi. Strengthening India-Qatar Trade Indian Prime Minister Narendra Modi described his meeting with the Emir as “very productive,” emphasizing trade as a key focus. The leaders discussed expanding and diversifying trade ties between the two nations. This was the first visit by a Qatari Emir to India in a decade. Investment Across Key Sectors According to the joint statement, Qatar’s investment will be directed toward infrastructure, technology,…

FlyDubai, the Dubai-based low-cost carrier, is exploring the launch of a domestic airline in India through a potential partnership with Busy Bee to acquire the bankrupt Go First Airways. This move comes as Busy Bee negotiates with creditors to secure Go First’s trademarks, flying licenses, and airport slots, marking FlyDubai’s strategic interest in the growing Indian aviation market. Busy Bee, aiming to acquire Go First’s brand identity and digital assets, including its website, has proposed an offer of around Rs 1,000 crore. The company is awaiting approval from the National Company Law Appellate Tribunal (NCLAT) to move forward with the…

Waterfly Technologies, supported by IIT Madras’ incubation cell, is planning to offer a Rs 600 ticket for a three-hour Chennai-Kolkata journey using electric seagliders. These Wing-in-Ground (WIG) crafts, designed to fly just 4 meters above the water, will significantly cut down fuel consumption by leveraging ground effect for increased lift and reduced drag. The company claims its design provides 10 times better fuel efficiency than conventional aircraft, making the journey far cheaper than an AC three-tier train ticket, which costs over Rs 1,500. How It Works The seagliders take advantage of the “ground effect,” where the air cushion formed between…

India is about to become one of the few nations globally to introduce on-road vertical take-off and landing (VTOL) air ambulances. In a deal worth over $1 billion, IIT-Madras-based electric aircraft startup, ePlane Company, will supply 788 eVTOL air ambulances to ICATT, India’s leading air ambulance firm. The aim is to deploy these aircraft across every district in the country, addressing the growing demand for urgent medical transportation. Significance of eVTOL Air Ambulances As Indian cities and towns face increasing traffic congestion, the eVTOL air ambulances will provide crucial services, including emergency medical transport. The deal’s significance lies in the…

India and Qatar have officially elevated their relationship to a Strategic Partnership by signing multiple Memorandums of Understanding (MoUs) focusing on key areas like trade, energy, investments, technology, food security, and cultural exchanges. Agreement Signed in the Presence of Leaders The Agreement on Establishment of Strategic Partnership was exchanged at Hyderabad House in New Delhi, with Prime Minister Narendra Modi and Qatari Amir Sheikh Tamim Bin Hamad Al Thani in attendance. The two leaders also discussed regional and global matters of mutual interest. Taxation Agreement and Economic Cooperation Alongside the strategic partnership, India and Qatar signed a revised agreement aimed…

Anil Joshi, founder and managing partner of Unicorn India Ventures, discussed the evolving landscape of investments in the age of AI and digital growth. According to him, AI is currently one of the most exciting areas attracting investors. However, alongside AI, other sectors gaining attention include space tech, defense tech, and the evergreen fintech industry. These sectors are seen as key areas of growth and innovation in the coming years. What Investors Look for in a Company As an early-stage investor, Joshi emphasized the importance of evaluating the quality of the founding team when considering investment opportunities. For him, the…

As the summer season approaches, Bengaluru is taking proactive steps to manage its water resources. The Bengaluru Water Supply and Sewerage Board (BWSSB) has imposed a ban on the use of potable water for non-essential activities, such as washing cars, watering gardens, construction activities, and maintaining decorative fountains. The move aims to conserve water during the typically dry months of March to May. BWSSB’s Water Conservation Measures The order, issued on February 17, clearly outlines the prohibited activities under the Bangalore Water Supply and Sewerage Act, 1964. These include the use of drinking water for vehicle washing, lawn watering, non-essential…

Nita Ambani, the Founder-Chairperson of the Reliance Foundation, recently delivered a moving keynote address at the prestigious Harvard India Conference 2025. The event, which took place in Boston, is a student-led initiative that focuses on India’s rise as a global power in business, policy, and culture. However, it was Nita’s personal story before her speech that resonated deeply with the audience. A Personal Story of Triumph Before starting her address, Nita shared an emotional moment about her 90-year-old mother’s reaction to the invitation from Harvard. In a heartfelt message, Nita recalled how her mother had been moved to tears upon…

Commerce and Industry Minister Piyush Goyal met with a delegation led by Michael Williamson, President of Lockheed Martin International, to explore opportunities for aircraft manufacturing in India. The discussions aimed at further strengthening India’s aerospace and defense sectors, in line with the government’s “Make in India” initiative. Goyal highlighted the importance of domestic manufacturing to enhance India’s capabilities in the defense and aerospace industries. In a post on X (formerly Twitter), Goyal expressed his enthusiasm for the collaboration, stating, “Explored opportunities for manufacturing aircraft in India to further strengthen the ‘Make in India’ initiative in the aerospace and defense sectors.”…

The Adani Foundation has entered into a collaboration with GEMS Education, a globally recognized leader in private K-12 education, to create world-class educational institutions across India. This partnership, backed by an initial donation of INR 2,000 Cr from the Adani family, is focused on providing affordable and high-quality education to students from all sections of society. The initiative aligns with Chairman Gautam Adani’s social philosophy: सेवा साधना है, सेवा प्रार्थना है और सेवा ही परमात्मा है (service is devotion and worship). Affordable World-Class Education The first “Adani GEMS School of Excellence” will open in Lucknow in the academic year 2025-26.…