Author: News Desk
Gujarat, Telangana, and Karnataka have jointly requested 15,000 electric buses (e-buses) under the PM e-Bus Sewa-Payment Security Mechanism (PSM) scheme. This is part of India’s broader target to deploy 50,000 e-buses by 2030 under the National Electric Bus Program (NEBP), focusing on nine key cities and seven states. National Rollout Plans and Pending Requests The NEBP, launched in 2022, targets major cities and seven states: Gujarat, Telangana, Karnataka, Delhi, Maharashtra, Tamil Nadu, and West Bengal. The government is still awaiting demand details from the remaining four participating states. Government Considers Cutting Per-Bus Subsidies To ensure wider coverage, the government is…
The Ministry of Road Transport and Highways (MoRTH) has launched five pilot projects to test hydrogen-powered buses and trucks in India. These pilots are part of the National Green Hydrogen Mission, aimed at encouraging the use of hydrogen in the transport sector. Vehicle and Route DetailsA total of 37 vehicles will be tested—15 using hydrogen fuel cells and 22 using hydrogen internal combustion engines. The trials will take place across 10 routes, including: Refueling InfrastructureNine hydrogen refueling stations will be set up to support the pilot projects. These stations are crucial to test and validate the feasibility of operating hydrogen…
Campa Cola, once a nostalgic soft drink from the 1990s, has made a remarkable comeback under Reliance Consumer Products. In just 18 months since its relaunch, the brand crossed ₹1,000 crore in revenue, establishing itself as a major disruptor in India’s FMCG space. ₹10 Price Point Changes the GameThe brand’s major breakthrough came from a strategic pricing move: a 200 ml PET bottle priced at ₹10. This positioned Campa Cola at half the price of rivals like Coca-Cola and Pepsi, yet offering similar taste and quality. The low price resonated with cost-conscious consumers and quickly built demand. Better Margins Attract…
Vijay Mallya stated that Indian public sector banks have recovered assets worth ₹14,131.6 crore in his case—more than double the ₹6,203 crore debt awarded by the Debt Recovery Tribunal (DRT). He referred to data from the Finance Ministry’s 2024–25 annual report to support his claim. Use in UK Bankruptcy CaseMallya said the reported recovery will be used as evidence in his UK bankruptcy annulment application, questioning what Indian banks would argue in court. Finance Ministry Report FindingsAccording to the Finance Ministry report, enforcement action by the Enforcement Directorate (ED) led to the restoration of attached properties worth ₹14,131.6 crore to banks in Mallya’s case.…
Dubai Crown Prince Sheikh Hamdan bin Mohammed visited India on April 8–9, leading to several key announcements aimed at strengthening ties between the two countries. The visit focused on trade, education, defence, infrastructure, and support for the Indian community in the Gulf. Ship Repair Projects in India India and the UAE agreed to set up ship-repair clusters in Kochi, Kerala, and Vadinar, Gujarat. This will be done through a partnership between Cochin Shipyard Ltd and Drydocks World. The aim is to improve India’s ship-repair capacity and bring in global expertise. Indian Institutes to Open in Dubai IIM Ahmedabad and the…
Dubai’s Roads and Transport Authority (RTA) has started work on a new eight-lane bridge over Dubai Creek to improve traffic movement in the Bur Dubai area. The bridge will connect Infinity Bridge to the Port Rashid Development Area. Project Specifications Part of Al Shindagha Corridor Development The bridge is a key part of the Al Shindagha Corridor project, which aims to improve connectivity across major Dubai developments like: The overall corridor project spans 13 km and includes 15 intersections. It is being built in five phases and is expected to benefit around one million people. Travel time in the corridor is projected to drop from 104 minutes to 16…
Forbes’ 2025 list highlights the global cities where billionaires prefer to live, ranked by their total number and combined wealth. The list reveals ongoing shifts in financial power across regions, with notable gains and drops among the top cities. New York City: Still the Billionaire Capital New York City continues to lead the world in billionaire residents, with 123 individuals holding a combined net worth of $759 billion. This marks the fourth consecutive year the city has claimed the top spot. The latest addition to its list is comedian Jerry Seinfeld. Michael Bloomberg remains the city’s wealthiest individual, with a…
In India, milk is an essential part of daily life, from the morning chai to the sweets enjoyed during festivals. But have you ever wondered which state leads in milk production? While many states contribute to the country’s milk supply, Uttar Pradesh stands out as the largest producer. The state produces an impressive 38.78 million tonnes of milk annually, amounting to over 1,062 lakh liters daily, as reported by Avnish Kumar Awasthi, an advisor to Uttar Pradesh’s Chief Minister. Uttar Pradesh’s dairy sector is divided between the organized and unorganized sectors. The organized sector, which includes major dairy companies like Amul and Mother Dairy, handles around 91.78 lakh liters of milk per day. The unorganized sector,…
For Indian travelers seeking more value for their currency, there are several countries where the Indian Rupee (INR) goes a long way. These destinations offer great opportunities for affordable travel, rich experiences, and even a chance to indulge in the local culture without breaking the bank. Here are 10 countries where Indian nationals can make the most of their currency: These countries not only provide an enriching experience but also allow Indian travelers to stretch their money further, making them great choices for those looking for value-packed vacations.
Dubai’s Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum arrived in New Delhi for a two-day official visit. He was welcomed with a ceremonial guard of honour at Palam Airport and received by Union Minister Suresh Gopi. A cultural performance was also held to mark his arrival. First Official Visit This marks the Crown Prince’s first official visit to India in his current capacity. He is visiting at the invitation of Prime Minister Narendra Modi and is accompanied by senior UAE ministers and business leaders. High-Level Meetings Prime Minister Modi is scheduled to host a working lunch with…