Author: News Desk
November 2016 – The Central Government withdrew Rs. 500 and 1000 notes issued till the previous day. Instead, newly minted Rs 500 and Rs 2000 notes were widely distributed. The Reserve Bank of India has decided to withdraw Rs 2000 notes. The RBI said that 89 percent of the currently available Rs 2,000 notes were printed before March 2017 and the notes’ maturity of 4-5 years has been completed. The withdrawal is interpreted as part of a ‘clean note’ policy. Prior to this, the RBI has issued a directive to stop the printing and distribution of Rs 2000 notes. Banks have…
Saudi Arabia’s NEOM, a ground-breaking $5 billion futuristic city project, is actively seeking global talent as it prepares for its grand opening. This megaproject aims to redefine urban living and become a beacon of innovation and progress. One of NEOM’s remarkable sub-projects, TROJENA, is set to host the prestigious Asian Winter Games in 2030. This exciting development solidifies NEOM’s commitment to showcasing its state-of-the-art facilities and capabilities on a global stage. Furthermore, NEOM is forging partnerships with new collaborators, further enhancing its potential as a world-class destination. In a recent announcement, NEOM revealed that the Port of NEOM is now open for business. This strategic milestone marks a significant step forward in NEOM’s vision of becoming a major international…
Battle for Food-Delivery Supremacy: ONDC Emerges as a Formidable Challenger to Swiggy and Zomato. In the fiercely competitive food-delivery industry, numerous deep-pocketed companies have attempted to disrupt the dominance of Swiggy and Zomato, but none have succeeded. However, a formidable challenger has now entered the scene in the form of the Open Network for Digital Commerce (ONDC), a Government initiative focused on unbundling e-commerce and fostering interoperability. Over the past month, ONDC has gained significant attention on social media, with consumers comparing food prices on Swiggy, Zomato, and ONDC-partnered platforms. Notably, the price differential has been substantial, with some claiming…
Key Challenges in the Rise of Artificial Intelligence: Insights from Robin Tommy Robin Tommy, Social Impact Innovations, TCS, is speaking to Channeliam.com on the key challenges one should know due to artificial intelligence rise. Artificial Intelligence has brought about a significant shift in our way of life, interactions, and job processes. Previously, we witnessed AI in platforms like Amazon and Netflix, where it served as a personal recommendation engine, suggesting movies and products. However, the advent of ChatGPT has revolutionised AI implementation and understanding. AI has begun to shape our perception and emphasise the importance of data-driven decision-making. This shift…
Elon Musk Unveils New Twitter Feature: Extended Video Uploads for Blue Verified Subscribers. In a recent announcement, Elon Musk, the owner of Twitter, introduced an exciting new feature for Blue Verified subscribers. Musk revealed that these users can now upload videos of up to 2 hours in duration, with a maximum file size of 8GB. Taking to Twitter to share the news, he wrote, “Twitter Blue Verified subscribers can now upload 2 hour videos (8GB)!” The announcement generated a mix of reactions from users, with some expressing enthusiasm for the expanded video capabilities while others criticised the decision. One user…
Transforming Rail Travel: Railways Float Tender for 200 Sleeper Trains The Indian Railways is set to float a tender for the procurement of 200 sets of sleeper version trains as part of the Vande Bharat 3.0 project. This move comes as a significant step towards enhancing passenger comfort and expanding the high-speed train fleet in the country. The Vande Bharat Express, also known as Train 18, was introduced in 2019 as India’s first indigenously-built semi-high-speed train. Its success led to the launch of the Vande Bharat 2.0 project, which involved producing additional train sets. Now, the upcoming Vande Bharat 3.0 project aims to introduce sleeper version trains to cater to the increasing…
Triumph of Democracy: Unveiling India’s Magnificent New Parliament Building. On Sunday, May 28, Prime Minister Narendra Modi will dedicate the newly constructed Parliament building to the nation. Lok Sabha Speaker Om Birla invited Prime Minister Narendra Modi to open the new building on Thursday. Choking of the New Parliament Building is finished now and the new structure represents the soul of confident India: Lok Sabha Secretariat. It stated that the new Parliament building can accommodate 300 members in the Rajya Sabha chamber and 888 members in the Lok Sabha chamber comfortably. The Lok Sabha chamber can accommodate a total of 1,280 members during a joint session of both…
Dubai Municipality and DCAA Partner for Dubai Horizons Drone Project. A memorandum of understanding between the Dubai Municipality and the Dubai Civil Aviation Authority (DCAA) has been signed to work together on the Dubai Horizons project, which aims to plan drone flight routes and landing sites in the Emirate. The parties “will leverage each other’s expertise in the creation of geospatial data for the emirate as well as their collective knowledge in the unmanned aerial vehicle sector” through the Memorandum of Understanding. The following was stated by Sheikh Ahmed bin Saeed Al Maktoum, president of DCAA, Chairman of Dubai Airports, and Chairman and CEO of Emirates Airline and Group: In accordance…
Although Honda has been behind the times, it is now prepared to enter the Indian SUV market with a proper midsize SUV. Honda has declared the send-off of its impending SUV, Raise. Although teasers have been released, the vehicle will be unveiled on June 6 in Delhi. The SUV’s world premiere will be held in India by Honda. In view of the mystery pictures, we have assembled a brief look at the vehicle’s plan and elements. Honda will put the Lift in the furiously cutthroat medium size SUV fragment with laid out players like Hyundai Creta and Kia Seltos. The…
The Mumbai Eye project is gradually moving towards the real world and for clear reasons, we can’t try to avoid panicking! For those who are unaware, the Mumbai Eye will be a replica of the London Eye, a popular tourist attraction. When this enormous wheel is built in Mumbai, it will not only draw tourists from all over the nation but also from all over the world. We’ll explain everything you need to know about this project and its progress report here. According to a report published by The Indian Express, the Mumbai Metropolitan Region Development Authority (MMRDA) has begun soliciting applications from consultants who are interested in assisting the authorities in carrying out a…