Author: News Desk
India is set to ramp up its neodymium output nearly nine times to 500 tonnes by FY27, up from around 200 tonnes expected in FY26. The move is part of a broader push to secure the country’s access to critical minerals amid tightening global supply chains. Indian Rare Earths Limited (IREL), a state-run enterprise under the Department of Atomic Energy, announced the target as global competition over rare earths intensifies. China’s export restrictions on several key minerals this year have added urgency, with new licensing rules for foreign companies set to take effect in December 2025. Neodymium is vital for…
The Special Investigation Team looking into the Tirupati laddu ghee adulteration case has uncovered a large-scale scam involving the supply of fake ghee to the Tirumala Tirupati Devasthanams between 2019 and 2024. The probe found that Bhole Baba Dairy, a company based in Uttarakhand, allegedly sold about 60 lakh kilograms of adulterated ghee worth around Rs 240 crore. Investigators said the company mixed palm oil, palmolein, and several chemicals like beta-carotene and acetic acid ester to imitate the look and smell of real ghee while still passing lab tests. To hide the operation, the firm is said to have used…
The world’s largest entrepreneurial train journey, the Jagriti Express, arrived in Kochi for the first time in its 18 year history. Participants were welcomed at the Kerala Startup Mission where CEO Anoop Ambika addressed them. The 15 day journey brings together 525 young social and entrepreneurial changemakers from across India. Launched in 2008, the Jagriti Yatra begins in Mumbai each year, travels more than 8000 kilometers through twelve key destinations across the country, and returns to Mumbai. Kochi and the Kerala Startup Mission were included in the route to highlight the state’s growing startup ecosystem. At an event held at…
The Adani Group has announced its entry into the Battery Energy Storage Systems (BESS) sector with a landmark 1126 MW / 3530 MWh project, set to become India’s largest and one of the world’s biggest single-location BESS installations. The project, involving over 700 advanced battery containers, is expected to be operational by March 2026. Located at Khavda, home to the world’s largest renewable energy plant, this project aims to strengthen India’s energy security and enable round-the-clock clean power. By easing peak load demand, reducing transmission congestion, and minimizing solar energy wastage, the system will enhance grid stability and efficiency. Built…
The government has earned a little over eight hundred crore rupees from selling scrap collected during the month long cleanliness drive held in October. The amount is enough to buy seven Vande Bharat trains and the effort also freed around two hundred and thirty three lakh square feet of space. Over five rounds of this special cleanliness campaign across central government offices, the total revenue from scrap sales has reached about four thousand one hundred crore rupees. According to Personnel Minister Jitendra Singh, this is equivalent to the cost of one large space mission or several Chandrayaan missions. Since the…
Amit Sehra, a 38 year old vegetable seller from Kotputli in Rajasthan, never imagined that his love for Punjab would one day change his life completely. For years, he pushed his vegetable cart through the streets, earning about four to five hundred rupees a day. Then came the moment that turned his life around, a lottery ticket worth eleven crore rupees. It all began with a simple trip. On October 16, Sehra travelled to the town of Moga in Punjab with his friend Mukesh Sen. He said he had always wanted to see Punjab, the land of Gurus and generous…
Adani Enterprises, the flagship of the Adani Group, is preparing for another major wave of growth and value creation by planning listings of several of its subsidiaries including airports, metals, roads, and data centres between 2027 and 2031 according to sources familiar with the plans. Over the next few years, key assets are expected to reach maturity, paving the way for fresh public offerings. This strategy echoes the company’s previous expansion from 2016 to 2020 when businesses like Adani Total Gas, Adani Green Energy, and Adani Wilmar were successfully listed. By 2027 to 2028, the airport business alone is projected…
IndiGo Airlines is India’s largest airline, flying to over 120 destinations. Known for being on time, the airline has over 395 aircraft and employs more than 5,000 pilots, including cadets from its popular training program. Pilot Roles IndiGo only hires first officers and captains. First Officer SalaryFirst officers assist the captain and handle communication. They earn between ₹1.5 lakh and ₹2.5 lakh per month, or ₹18 lakh to ₹30 lakh per year, depending on experience. Captain SalaryCaptains fly the plane, ensure safety, and make important decisions. Senior captains also manage fleet operations and train first officers. They earn ₹5 lakh…
If Kerala’s non-banking financial companies were a nation, they would rank 16th in the world for gold reserves, just after Portugal and ahead of the United Kingdom, Spain, and Austria. Together, Kerala’s gold loan financiers now hold about 381 tonnes of gold worth over Rs 4.6 lakh crore, confirming the state’s deep connection with the yellow metal and its rise as India’s gold capital. Kerala’s NBFCs Outshine Nations The combined holdings of top gold loan players show how big the market has become:Muthoot Finance holds 208 tonnes, Manappuram Finance 56.4 tonnes, Muthoot FinCorp 43.69 tonnes, Kerala State Financial Enterprises 67.22…
Kerala Chief Minister Pinarayi Vijayan described the United Arab Emirates as a land that has always embraced Kerala, noting that most families in the state have some connection with the UAE. He was speaking at the ‘Malayalotsavam’ event held in Abu Dhabi. The event was inaugurated by UAE Minister Sheikh Nahyan bin Mubarak Al Nahyan, who praised Kerala for its achievement in declaring itself free from extreme poverty. He called it a significant milestone and a model that others could follow. Chief Minister Pinarayi Vijayan welcomed the minister’s remarks with applause. Sheikh Nahyan highlighted that Kerala continues to advance initiatives…