Author: News Desk

Professor Satya Chakravarthy, the founder of ePlane Company and a distinguished professor of Aerospace Engineering at the Indian Institute of Technology Madras (IIT-Madras), recently highlighted the progress achieved in developing India’s first flying taxi — e200. In an exclusive interview with News18, Prof Chakravarthy addressed various aspects of the e200’s design, safety, regulatory considerations, and its potential impact on urban transportation. The project embarked on a mission to overcome significant technical and logistical challenges to realize a compact, efficient aircraft capable of navigating the complexities of India’s bustling urban landscapes. Prof Chakravarthy said, “We had to make the aircraft very…

Renowned author, philanthropist, and chairperson of the Murty Trust, Sudha Murty, has been nominated to the Rajya Sabha by President of India, Droupadi Murmu. Prime Minister Narendra Modi expressed his elation over the nomination, citing Murty’s remarkable contributions across various domains. Prime Minister Modi Applauds Murty’s Contributions In a statement shared on social media platform X, formerly known as Twitter, Prime Minister Modi commended Sudha Murty’s multifaceted contributions, spanning social work, philanthropy, and education. He hailed her nomination as a significant acknowledgment of the strength and potential of women, symbolising ‘Nari Shakti’ in shaping the nation’s trajectory. Sudha Murty, the…

Amid growing apprehensions surrounding climate change, there’s a surge in demand for sustainable transportation options. Electric vehicles (EVs) have emerged as a promising solution, touted for their lower greenhouse gas emissions compared to traditional petrol and diesel cars. However, a recent study casts doubt on this narrative. Emissions Beyond the Tailpipe Conducted by Emission Analytics, a leading firm specialising in emissions data analysis, the study challenges the prevailing belief regarding the environmental superiority of EVs. Featured in a Wall Street Journal op-ed, the study uncovers a concerning issue related to particle pollution originating from brakes and tires, impacting both electric…

French entrepreneur Bernard Jean Etienne Arnault made headlines on Thursday as he dethroned Amazon’s Jeff Bezos to claim the title of the world’s wealthiest individual. According to data from the Bloomberg Billionaires Index, Arnault’s staggering net worth of $197 billion catapulted him to the top spot, a position previously held by Bezos. Arnault’s ascent to the pinnacle of wealth can be attributed to his role as the founder and chairman of LVMH, the global leader in luxury goods. LVMH, which includes iconic brands such as Louis Vuitton, reported a revenue of approximately $83.4 billion in 2022, solidifying Arnault’s position as…

As the world celebrates International Women’s Day, a deeper truth emerges in the economic sector – women are increasingly taking charge of their financial destinies. Findings from an international women’s day study reveal that women in India are now shouldering more responsibility in managing finances, especially concerning loan repayments, than their male counterparts. Women’s Greater Financial Responsibility According to surveys conducted by the World Women’s Day initiative, women in India are taking on more financial responsibilities, particularly in timely loan repayments, compared to men. This data sheds light on the evolving roles of women in economic decision-making and highlights their…

A vehicle capable of transitioning from a three-wheeler to a two-wheeler within minutes is on the horizon, thanks to the Ministry of Road Transport and Highways (MoRTH) approving a new category of vehicles known as “L2-5.” The L2-5 category combines elements from both two-wheeled and three-wheeled vehicles, offering a versatile solution to transportation needs. According to MoRTH’s notification dated February 29, vehicles in this category feature a unique design where a rickshaw-like structure integrates seamlessly with an e-scooter, transforming it into a front wheel. This modular design allows the vehicle to operate interchangeably as either a two-wheeler (L2) or a…

Passengers arriving at the Thrippunithura Metro Station were greeted by an unexpected sight yesterday – a robot named ‘Mohini’. Initially, many mistook the robot’s lifelike movements for those of a human dancer, only to realize later that it was indeed a sophisticated creation designed to replicate the art of dance. Clad in traditional dancer attire, Mohini captivated onlookers with her graceful movements, including precise eye and lip gestures that added an extra layer of realism to her performance. Passengers were intrigued by the robot’s ability to emulate the fluidity and expression of a human dancer, prompting many to stop and…

Digital lending platform, mPokket, announced raising INR 500 crore (including a green shoe option) in debt capital from BPEA Credit’s private credit platform. The company revealed plans to utilize the funds to address the increasing credit demand from its 24 million registered customer base and expedite product development in the career accelerator and insurance verticals, which have witnessed a surge in demand from its young customer base. Gaurav Jalan, Founder and CEO of mPokket, expressed the significance of the partnership with BPEA Credit, stating, “The partnership strengthens our mission of building the consumer credit economy in India with high-affinity financial…

The eagerly awaited ‘priority corridor’ of the Agra Metro Rail Project is set to transform tourist accessibility to Agra’s iconic landmarks, including the Taj Mahal and Agra Fort. Prime Minister Narendra Modi is scheduled to inaugurate this significant development via video conference alongside Uttar Pradesh Chief Minister Yogi Adityanath in Agra. Seamless Connectivity Following its inauguration, the metro rail will commence operations on the ‘priority corridor,’ encompassing six stations along a 6 km stretch. This initiative, overseen by the Uttar Pradesh Metro Rail Corporation (UPMRC), aims to provide direct metro access to major tourist attractions, enhancing convenience for visitors exploring…

Prime Minister Narendra Modi’s speeches are breaking new ground in accessibility and reach, thanks to cutting-edge artificial intelligence (AI) technology. Now, audiences can tune in to the Prime Minister’s addresses in eight different languages on the social media platform X (formerly known as Twitter), marking a significant leap forward in linguistic inclusivity. This initiative follows a remarkable demonstration of AI technology during an event in Varanasi, Uttar Pradesh, where PM Modi delivered a speech in Hindi that was simultaneously translated into Tamil in real-time. This feat showcased the potential of AI to bridge linguistic barriers and facilitate broader communication. PM…