Author: News Desk
Reports say that Mukesh Ambani is planning to buy a big Premier League club He is said to be eyeing 13-time English champion Arsenal Currently, the American-based Kroenke family owns Arsenal’s majority stakesThere were speculations that Mukesh wanted to buy either Manchester United or LiverpoolBoth the clubs are up for a sale However, Akash, the son of Ambani, is an admirer of Arsenal So, the billionaire is considering taking the club’s ownership
A more advanced technique has been developed by researchers that, in some circumstances, may someday replace GPS. This system, known as SuperGPS, is independent of satellite navigation systems and is accurate to within 10 centimetres (3.9 inches). With the new method, networks resembling cell networks are used, but instead of streaming data to our phones, the network gets an exact fix on the device. The system is built on a base of radio transmitters and fiber-optic networks, with some clever modifications on top.The researchers were able to demonstrate their system in action over a 660 square metre area in a…
Maruti Suzuki launches the Wagon R Flex Fuel prototype vehicleIt is India’s first mass segment flex fuel prototype carThe vehicle is in sync with the Indian Government’s clean and green initiativesThe prototype vehicle has an upgraded engine designed for higher ethanol-blended petrol It can run on any ethanol-petrol blend between 20 per cent (E20) and 85 per cent (E85)Engineers of Maruti Suzuki designed and developed the vehicle locallyThe vehicle is designed in a way to ensure durabilityIt complies with the BS6 Phase-II emission normsMaruti envisions making its entire product range E20 fuel material compliant by March 2023
Neha Jain, a former Google employee, has proved that it is possible to create affordable and biodegradable covers from seaweed. The covers invented by her startup Zerocircle are 100 per cent biodegradable. Neha started this startup after resigning from Google. Her aim is to bring about eco-friendly alternatives to plastic packages. Reports say that single-use plastic is adversely affecting nature. By 2050, it would form 5-10 per cent of greenhouse gas emissions. Neha and her startup attempt to find solutions to this issue. The packages that can be made to compost within the home are made from more than 12,000 varieties of seaweed. As part of the project, they discovered a shore near Murud-Janjira…
UAE writes a new history by successfully launching its Moon MissionUAE-built Rashid Rover launched into space on December 11, 2022, at 11:38 am (UAE time)UAE became the fourth country and the first from the Arab world to attempt the Moon missionThe mission was delayed a few times due to weather and other reasons A group of skilled people have worked hard to achieve this dream Abdulla Al Shehhi – Rover Mechanical Engineering Lead, Ahmed Sharaf – Electrical Systems Lead, Reem Al Mehisni – Rover Thermal Engineering Lead of Mohammed Bin Rashid Space Centre (MBRSC), Dubai, are three key figures The SpaceX Falcon 9 rocket carried the Rashid Rover The rocket was launched from Cape Canaveral Space Force Station, FloridaThe compact…
Kerala-based non-profit Startup TinkerHub Foundation received Rs.1 crore in fundingThe funding came via FOSS United Foundation, a non-profit arm of Zerodha and ERPNextThe three-year grant will support TinkerHub’s activitiesTinkerHub started in 2014 as a small peer learning group at Cochin UniversityIt creates peer-to-peer learning communities within campuses Tinkerspace, a community learning space by TinkerHub, is an exampleIt allows people to learn and refine technology skills for free under the mentorship of industry veteransTinkerHub currently has more than 14,000 registered members across 75 campusesThey experiment with coding, future technologies, and tools
India would discuss the possibility of re-enacting the agreement it has with Moscow for rupee-based international trade settlement with Belarus, a staunch Russian ally. This month, a team of representatives from Belarusian financial institutions is anticipated to meet with Indian bankers to discuss the prospect. Indian exporters anticipate that this week would see the settlement of rupee-based payments for shipments to Russia. This transaction will be the first of its kind since the Reserve Bank of India started allowing trade settlement in rupees (RBI). India’s exports to Russia are falling as a result of exporters’ apprehension over the Western sanctions…
UAE issued its federal corporate tax lawIt will charge a headline 9 per cent rate on taxable income surpassing Dh 375,000Salaries or other personal income from employment are exempted from thisThis is applicable to the Government, Semi-Government, and Private SectorsThe tax regime incorporates Internationally-accepted principlesSome businesses that contribute to the economy are exempted from the taxBusinesses involved in natural resource extraction are an exampleHowever, they will be subject to local emirate-level taxationGovernment entities, Pension funds, and Investment funds are also exemptedThe UAE corporate tax will be effective from or after June 1, 2023
Who have been India’s 10 most consistent wealth creators in the 2017-2022 period?
On March 3, 2021, the United Nations General Assembly declared the year 2023 as the International Year of Millets. India is one of the promoters of millet. India is one of the major producers of Jowar, the biggest millet crop, and Bajra. Ragi, foxtail millet, buckwheat, and amaranthus are other varieties of millet. In India, mainly Maharashtra, Karnataka, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, Haryana, and Gujarat produce millets. Here, it is a Kharif crop. India is one of the oldest nations to use millet. Records say that even the Indus Valley people consumed millet, which is a climate-friendly crop. It is a perfect crop to ensure food security and beat climate change because millets can be cultivated even…