Author: News Desk
South Korean e-commerce giant Coupang is set to make its entry into the Indian market, as confirmed by Government officials to Business Standard. The SoftBank-backed startup has expressed its interest in entering one of the world’s largest e-commerce markets, initiating discussions with the Indian Government. While Coupang’s application has been received, the details of the upcoming dialogues with the company are expected to be finalised in the following month. If Coupang, often referred to as the ‘Amazon of South Korea,’ successfully enters the Indian marketplace, it will directly compete with established players like Flipkart and Amazon. Despite Flipkart and Amazon’s…
The new Parliament building in Delhi, set to be inaugurated by Prime Minister Narendra Modi on May 28, represents the spirit of a self-reliant India (Aatmanirbhar Bharat). Replacing the old Parliament building, which was completed almost a century ago in 1927, the new structure is a significant addition to the Central Vista project in the National Capital. Here are 10 key features that distinguish the old and new Parliament buildings Increased Seating Capacity: The new Parliament building will be able to accommodate 888 Members of Parliament (MPs) in the Lok Sabha, three times the capacity of the current Lok Sabha.…
In addition to the growing acceptance of sexual wellness products, digital healthcare startups in India are making significant strides in addressing the long-standing taboo surrounding sexual disorders. These innovative platforms are providing a safe and discreet space for individuals to seek professional help and overcome the challenges associated with sexual health. India, known for its conservative societal norms, has historically struggled to openly address sexual disorders. However, the rise of digital healthcare startups is changing the landscape by offering accessible and convenient solutions. These platforms leverage technology to connect individuals with qualified doctors, therapists, and experts who specialise in sexual…
Maruti Suzuki’s highly anticipated off-roader, the Jimny, is set to go on sale starting from June 7. In an interesting development, the Indian armed forces have expressed their interest in the vehicle and are considering its operational use, according to a report by HT Auto. Shashank Srivastava, a senior executive director at Maruti Suzuki, confirmed the armed forces’ interest and mentioned that discussions will progress once the Jimny is officially launched. Maruti Suzuki is currently assessing the armed forces’ specific requirements and specifications, indicating a potential deal in the future. It is worth noting that Maruti Suzuki’s previous model, the Gypsy, had a strong presence in the armed forces. As the launch date draws near, new details about the Jimny are emerging. One notable update is that the Jimny will…
Dubai’s Roads and Transport Authority (RTA) has introduced a convenient solution for residents who often worry about leaving their driving licences behind. The RTA recently reminded residents that they can now add their driving licences to their Apple wallets, making it easily accessible whenever needed. In the past, many motorists in the city resorted to keeping a photo of their driving licences on their smartphones or storing digital copies in their files as a backup. However, with the integration of digital licences into iPhone wallets, accessing the licence has become much simpler. By double-clicking the side button of their iPhones,…
Travelling to Kerala via Walayar? Take the opportunity to refresh and rejuvenate during your trip with a nap, shower, and wake up feeling energised. Thanks to the Beacon Group’s spacious premium restroom facility called ‘Travlounge’, you won’t need to search for hotels or deals. The Travlounge restroom facility at Salem-Kochi offers a unique experience for long-haul travellers, reminiscent of airport lounges. Not only does it provide exceptional restroom amenities but also a place for relaxation. Travellers will find the Vishram Makendram, a mini-superstore within Travlounge, offering all the essentials needed for their journey. Additionally, there’s a premium cafeteria where you…
UK’s Minister of State for South Asia, Lord Tariq Ahmad, arrived in India on Saturday for a four-day visit aimed at bolstering science, research, and innovation partnerships. This visit signifies the UK’s commitment to strengthening ties in these areas on a global scale. According to the Foreign Office, enhancing the UK-India relationship is a crucial aspect of the UK’s long-term foreign policy, particularly within the context of its enduring engagement in the Indo-Pacific region, as outlined in the Integrated Review, as reported by PTI. Lord Ahmad emphasised the unique bond between the UK and India, highlighting the “living bridge” that…
If you are an Indian, you must have come across the name ‘Haldiram’ while doing grocery shopping. This Indian brand with more than 70 products in its portfolio is present in almost all stores in India. It is the perfect snack Indians prefer while sipping a hot tea or coffee. This billion-dollar business was started as a small shop in Bikaner, Rajasthan. It currently exports its products to more than 80 countries worldwide. Let’s have a look at the inspiring story of Haldiram which surpassed all foreign products to find a foothold in the Indian market. The success story of Haldiram is incomplete without three names – Ganga Bishan Agarwal, Shiv Kishan Agarwal, and…
The United Arab Emirates (UAE) is set to introduce Federal Corporate Income Tax (CIT) starting from June 1, 2023. This significant development will bring changes to the tax landscape in the country, impacting businesses that have been enjoying tax exemptions on their profits. The implementation of CIT has attracted great interest and attention from both local and foreign businesses operating in the UAE. Financial Sector Implications: With the Ministry of Finance announcing the introduction of CIT for the upcoming financial year, UAE’s financial sector is preparing for the changes that lie ahead. The Government aims to create economic sustainability by…
Neuralink, the brain-implant startup founded by Elon Musk, has received approval from the U.S. Food and Drug Administration (FDA) to commence its first human clinical study, as announced by the agency. The company’s goal is to develop a device that enables individuals to control computer interfaces using their brains, with the potential to restore vision and assist those with severe disabilities in movement and communication by decoding brain activity. Neuralink plans to establish clinics where surgical robots will implant their proprietary electrodes, designed for brain-signal recording, into patients’ brains. This milestone approval comes after extensive collaboration between Neuralink’s team and…