Author: News Desk
Telangana and Andhra Pradesh Dominate the List of Billionaire MPs in India The Association for Democratic Reforms (ADR) and National Election Watch (NEW) have recently conducted an analysis of the assets of sitting Members of Parliament (MPs) in India. The findings shed light on the financial aspects of India’s political landscape, revealing a significant presence of billionaire MPs, particularly in the states of Telangana and Andhra Pradesh. In this article, we will delve into the key insights provided by the analysis. High Percentage of Billionaire MPs Telangana and Andhra Pradesh have emerged as the frontrunners in having the highest percentage…
In a historic meeting at the Vostochny Cosmodrome in Russia’s far eastern Amur region, North Korea’s leader, Kim Jong Un, and Russia’s President, Vladimir Putin, recently came together to discuss matters of mutual interest. This summit marked a rare foreign trip for Kim, his first since the onset of the pandemic, and shed light on the evolving dynamics in the region. This article provides an overview of the meeting and the key discussions between the two leaders. Kim’s Arrival in Russia Kim’s arrival in Russia was noteworthy, as he chose a private train as his mode of transportation. Welcomed by…
Turning Waste into Wealth: Centre’s Ambitious Revenue Target The Central government of India is embarking on a mission to convert waste into wealth as it sets its sights on a remarkable revenue target of Rs 1,000 crore from scrap disposal. This ambitious initiative is a part of the ‘Swacchata’ campaign’s third edition, demonstrating a deep commitment to cleanliness and efficiency across all government departments. A Commitment to ‘Swachhata’ V Srinivas, Secretary of the Department of Administrative Reforms and Public Grievances (DARPG), underlines the government’s dedication to institutionalizing ‘swachhata’ (cleanliness) and reducing pending work in government offices. The upcoming ‘special campaign…
Diversifying Kerala’s Startup Ecosystem: A Flourishing Non-IT Sector The Kerala Startup Mission (KSUM) is steering Kerala’s startup ecosystem into exciting new territory by embracing a thriving non-IT sector. While the state has traditionally been associated with IT startups, the recent surge in non-IT ventures is transforming the entrepreneurial landscape. This diversification is not only refreshing but also essential for a holistic and sustainable startup ecosystem. A New Dawn for Non-IT Ventures C. Venugopalan, co-founder of an agri-tech firm specializing in cane syrup production, exemplifies this shift. He launched his venture amid the challenging backdrop of the COVID-19 pandemic’s second wave…
The past decade has witnessed a remarkable transformation in the way we send money across borders, spurred by technological innovation and evolving macroeconomic trends. In particular, the Asia-Pacific (APAC) region has experienced rapid and dynamic changes in its peer-to-peer (P2P) remittances landscape, outpacing other regions in growth. Seizing Opportunities in a Dynamic Market Amid these shifts, banks, remittance service providers, and fintech companies are presented with significant opportunities. How can they harness these changes to better serve their customers in the ever-evolving cross-border payments ecosystem? Surprising Growth in APAC Remittances Data from Visa’s 2022 Global Market Sizing Analysis suggests a…
Revamping the Dress Code for Parliament: A Step towards Tradition and Identity In a significant move, the Indian Parliament is set to witness a change in its employees’ dress code during the forthcoming special session, commencing on September 18. This decision, introduced with the aim of promoting Indian culture and heritage, has not only sparked a political debate but also serves as a reflection of the nation’s evolving identity. A Unified Dress Code One of the most notable aspects of this change is the uniformity it brings. Previously, the employees of both Houses sported different attire, but with this new…
Exploring the Depths: India's Project Samudrayaan Takes a Dive into the Ocean's Mysteries India's Ambitious Mission to the Deep Ocean In the wake of its successful lunar expedition and Chandrayaan missions, India is gearing up foranother groundbreaking endeavor. Project Samudrayaan is set to explore the depths of the ocean,aiming to uncover precious metals and minerals, including cobalt, nickel, and manganese. Thisambitious project will employ a homegrown submersible named "Matsya 6000," specificallydesigned to withstand the extreme pressures found at a depth of 6,000 meters. Here, we delve intothe details of this audacious mission. Matsya 6000: The Heart of the Mission The…
China’s Looming Financial Crisis: A Market Expert’s Warning The Warning Signs Renowned market veteran Ruchir Sharma has issued a stark warning: China’s economy is on a collision course with a financial crisis. The catalyst for this impending catastrophe, he argues, is the property bubble inflated by surging debts. In this analysis, we delve into Sharma’s insights and the two potential scenarios he envisions for China’s economic future. The Property Bubble’s Shadow At the heart of Sharma’s grim prognosis lies China’s property market. This sector, which constitutes a significant portion of the nation’s GDP, is grappling with the weight of immense…
Apple’s latest iPhone 15 series introduces a stunning matte finish with an aluminum enclosure. The contoured edge provides a comfortable grip, while the color-infused glass back adds a touch of elegance. Notable improvements include a powerful 48MP main camera, offering super-high-resolution photos, and a new 2x telephoto option for three optical zoom levels, enhancing portrait photography. The Impressive Apple Watch Series 9 The Apple Watch Series 9 features a lightning-fast S9 chip, claiming a 60% boost in speed and a 30% faster GPU. It brings Siri-enabled health data access, convenient name drop sharing with nearby users, and watch control with…
Nazara Technologies: Thriving Despite Challenges in the Indian Gaming Sector India’s gaming industry is witnessing growth, despite facing challenges such as a high Goods and Services Tax (GST) rate of 28%. Among the key players in this industry is Nazara Technologies Limited, which has not only weathered the storm but is also attracting significant investments. GST Rate and Its Impact When the Indian Government announced a 28% GST rate for the gaming industry, concerns arose about its potential negative effects. This move had led to a sharp decline in stock prices for some gaming companies, with Delta Corp experiencing a…