Author: News Desk
Elon Musk (Elon Musk), Jeff Bezos (Jeff Bezos), Mukesh Ambani are all the names that come to mind when you think of the world’s biggest billionaires. But there is one who is a millionaire even more than these. Ambani, Musk and Bezos’s net worth combined would not come close to this person’s net worth. Who is it, Wu Zetian, who was the queen and the only woman who ruled China. Wu of the Tang Dynasty ruled China from 665 to 705 AD. Historians have differences of opinion on Wu’s net worth. Some say that Wu was the world’s greatest billionaire…
In a significant development, renowned cinema chains PVR and INOX jointly unveiled a new initiative known as the “PVR INOX Passport” on Saturday, October 14, 2023. This innovative movie subscription pass has been introduced with the dual purpose of supporting the film industry and encouraging frequent visits to the theatres. We bring you all the latest details about this brand-new offering for cinema lovers. The PVR INOX Passport: What You Need to Know As per the latest official information, the PVR INOX Passport subscription became available starting Monday, October 16. For a monthly fee of just Rs 699, subscribers can enjoy the privilege of watching up to…
Japanese conglomerate Softbank on Friday divested a 1.09% stake in online food delivery platform Zomato for INR 1,040 crore through an open market transaction. Softbank through its affiliate SVF Growth (Singapore) Pte Ltd offloaded shares of Zomato on the National Stock Exchange (NSE). Bandhan Mutual Fund (MF), Motilal Oswal MF, Axis MF, Max Life Insurance Company, Abu Dhabi Investment Authority, Fidelity Investments, Goldman Sachs (Singapore), Societe Generale, and Morgan Stanley Asia Singapore, among others were the buyers of shares of Zomato, according to a PTI report. As per the block deal data available with the NSE, SVF Growth (Singapore) sold 9,35,69,368 shares, amounting to…
Reserve Bank of India (RBI) Governor Shaktikanta Das, on Friday, reaffirmed the central bank’s unwavering position on the prohibition of crypto assets. Despite a global trend toward regulating cryptocurrencies, Das made it clear that the RBI’s stance on the matter remained unchanged. Speaking to reporters at the Kautilya Economic Conclave 2023, he emphasised the risks associated with cryptocurrencies and the need for regulation. A Graded Approach to Regulation Das explained that regulation exists on a scale from zero to ten, where zero means no regulation at all, and ten signifies a complete ban. He reiterated the RBI’s position, suggesting that crypto regulation falls somewhere…
The Indian Space Research Organisation (ISRO) encountered an unexpected setback as it postponed the first test flight of its human spaceflight mission, ‘Gaganyaan,’ just 5 seconds before its scheduled launch time of 8:45 am IST. This delay raises questions about the technical intricacies and ambitions of India’s mission to put astronauts into space. Gaganyaan’s Crucial Test Flight The test flight was intended to carry a variety of crew safety-related payloads and to accomplish vital mission objectives. It marked the initial step in a series of tests scheduled by ISRO in preparation for its ambitious goal of sending Indian astronauts into…
Prominent tech company HP has introduced refurbished laptops in India to enable easy access to affordable computing, launching a refurbished laptop program through an HP certified partner for retail customers and businesses. Operated in a subscription model, the initiative reportedly aims to enhance PC accessibility, particularly in rural areas. According to an official release, the company said the programme, which has been launched for the Indian market, will be expanded to other markets in 2024. “Recognizing the limited PC adoption in rural and smaller towns, we aim to transform this landscape. Our new initiative is a significant step in our…
Dubai Police will soon launch a smart floating police station off World Islands, it was revealed at the Gitex tech show in Dubai. Lieutenant Rashid Mohammed Al Hall, administrative officer at Dubai Police, said the floating station will provide services without human intervention. More details about the project will be announced soon. The initiative was first launched in 2019 Gitex technology week. The launch event was then inaugurated by Sheikh Saif Bin Zayed Al Nahyan, Minister of Interior, along with the presence of Major General Abdullah Khalifa Al Merri, commander in chief of Dubai police and other senior officers. As per media reports, the floating…
A recent data study conducted by the Indian Railways has revealed a significant shift in the demographics of passengers choosing Vande Bharat trains. Notably, around 56% of the passengers on these trains are young adults and individuals from the working class. This surge in popularity among the youth marks a remarkable trend in rail travel. Shifting Age Demographics The data findings show that the 25-34 years age group constitutes an average of 27.5% of passengers in Vande Bharat trains. Furthermore, passengers in the age bracket of 35-49 years, on average, make up 28.6% of those opting for Vande Bharat Express…
Prime Minister Narendra Modi today flagged off ‘Namo Bharat’, India’s first semi-high speed regional rail service in Uttar Pradesh. The Prime Minister inaugurated the ‘Namo Bharat’ train connecting Sahibabad and Duhai Depot stations in Uttar Pradesh. He also flagged off the RapidX train connecting Sahibabad to Duhai Depot, marking the launch of the Regional Rapid Transit System in India. Union minister Hardeep Singh Puri on Thursday announced that RRTS trains will be known as ‘Namo Bharat’. The 17-km priority section of the Delhi-Ghaziabad-Meerut RRTS Corridor is scheduled to be opened for passengers on October 21 (Saturday). “The priority corridor of…
GITEX Global, a much-anticipated event ongoing until October 20, has been creating quite a stir with a series of innovations introduced at the Dubai World Trade Centre. The event’s inaugural day saw the esteemed presence of His Highness, Sheikh Mohamed Bin Rashid Al Maktoum. As this event nears its conclusion, let’s delve into the significant developments that have unfolded, shaping the future in various fields. Dubai, a city committed to embracing cutting-edge technology, is set to launch AI-powered patrol vehicles on its roads. The Dubai Roads and Transport Authority (RTA) is spearheading this initiative, aimed at monitoring and assessing the…