Author: News Desk

India’s top gas firm GAIL has done the world’s first ship-to-ship liquefied natural gas (LNG) transfer to save on shipping costs and cut emissions as the state-owned entity looks at innovative ways as a pivot to boost business, according to a PTI report citing company officials. 5.8 million tonnes of LNG—natural gas that has been supercooled to liquid—are purchased by GAIL from the US annually. This volume is transported to India by the company using LNG tankers. LNG is normally transported by ship from Sabine Pass in the United States to India via Gibraltar and the Suez Canal, covering a…

At an RM Sotheby’s auction on November 13 in New York City, a 1962 Ferrari 330 LM / 250 GTO built by the renowned Italian coachbuilder Scaglietti sold for $51.7 million. It was the priciest Ferrari auction sale ever, as well as the priciest historic car sold in a public setting worldwide this year. The auction house stated that the bright red roadster, which had been owned by an American collector for the previous 38 years, was only outbid by a Mercedes 300 SLR Uhlenhaut Coupe, which sold for 135 million euros in 2022. With the exchange rate of today,…

The Central government plans to launch a scheme called PM-Kisan Bhai (Bhandaran Incentive) to incentivize small and marginal farmers who struggle to hold their produce in warehouses and wait for better prices. Kisan Bhai is expected to empower farmers, allowing them to retain their crops for a minimum of three months post-harvest. According to available sources, the Agriculture Ministry’s 10 day deadline to receive feedback ended on Friday after a concept paper was published, and the scheme is likely to be rolled out by December end. The government hopes that by providing monetary support for storage and promoting e-NWR trade through the online platform e-NAM, farmers will have…

Foxconn has launched two prototype low-Earth orbit (LEO) satellites in a bold move to diversify its business portfolio. The historic lift off occurred aboard a SpaceX rocket from Vandenberg Space Force Base in southern California this Saturday. The backpack-sized satellites, weighing approximately 9 kilograms each, were co-developed in collaboration with Taiwan’s National Central University. Outfitted with advanced cameras, communication devices, and other equipment, they are designed to orbit Earth every 96 minutes at an altitude of 520 kilometers. According to a Bloomberg report, unlike Elon Musk’s SpaceX, which has focused on its Starlink constellation, Foxconn is positioning itself to be…

Snapchat at its annual Lens Fest developer event announced integration of ChatGPT, a large language model developed by OpenAI, into its AR lenses. This integration will allow developers to create new types of learning, conversational, and creative experiences for Snapchat users. “We teamed up with Open AI to offer a new ChatGPT Remote API. Now, any Lens developer can leverage ChatGPT in their Lenses, unlocking new types of learning, conversational, and creative experiences for Snapchatters. Also, a new 3D face mask generator enables anyone to build their first potentially viral self-expression Lens within a matter of seconds, combining Gen AI…

In a poignant auction held at the Henry Aldridge & Son auction house in Wiltshire, southwest England, a rare artefact from the ill-fated maiden voyage of the Titanic surfaced, offering a glimpse into the lavish offerings aboard the iconic ship. The auction, which took place on Saturday, unfolded as a visual narrative of the opulence that defined the first-class accommodations on the Titanic during its tragic sinking on April 14, 1912. Decadent Delights on the Doomed Journey Dated April 11, 1912, the menu in question reveals the extravagant culinary choices available to first-class passengers. Oysters, beef, and mallard duck were…

LockBit, a notorious ransomware gang, has embarked on a relentless cyber rampage, leaving a trail of disruption from the UK’s Royal Mail to the Industrial & Commercial Bank of China Ltd. (ICBC). This article explores LockBit’s timeline of chaos, its business model, the shocking breach of ICBC, and the broader implications for global cybersecurity. LockBit’s Timeline of Chaos: Over the past four years, LockBit has showcased a formidable capacity for cyber havoc. Beginning with the halting of international mail shipments through the UK’s Royal Mail in January, the gang swiftly proceeded to cripple a British fintech firm, leading to the paralysis of global…

India is known as the land of temples. The country is enriched with famous, ancient, colorful and rich temples. Padmanabhaswamy Temple, Tirupati Temple and Jagannath Temple are some of the richest temples in India and even the world. Here is a list of some of the richest temples in the country. Padmanabhaswamy Temple Padmanabhaswamy Temple in Thiruvananthapuram is known as the richest temple in the world. It has assets worth crores of rupees. The temple was in the news for the treasure kept in its vaults. After estimations, Padmanabhaswamy Temple is said to contain over one trillion hidden in its hidden…

Billionaire investor Ron Baron reportedly stated in an interview that Elon Musk’s SpaceX and claimed that the rocket company will be worth about $500 billion by 2030. While talking to CNBC on Friday, Ron Baron said that the company would be valued at about $250 billion to $300 billion over the next three years. The investors own more than $1 billion shares in SpaceX and remain optimistic about the growth potential of the company. SpaceX’s current valuation of about $150 billion makes it one of the most valuable private companies in the world. Earlier in the month, Musk said Starlink, SpaceX’s…

InterGlobe Enterprises, the major supporter of India’s leading airline, IndiGo, and U.S.-based Archer Aviation, are set to revolutionise transportation in India with the introduction of an all-electric air taxi service by 2026. The collaboration, contingent on regulatory approvals, aims to address the escalating demand for efficient transport solutions in India, where urban congestion and pollution are significant challenges. Vision for Urban Air Mobility: Backed by influential entities like Stellantis, Boeing, and United Airlines, Archer Aviation specialises in electric vertical takeoff and landing (eVTOL) aircraft, envisioning a future for urban air mobility. The ‘Midnight’ e-aircraft, designed to carry four passengers and a pilot for up to 100 miles,…