Author: News Desk
A Sustainable Wedding That Inspires Change! As two energetic organizers behind sustainable start-ups, Nik and Harsha spent the past few months meticulously planning their wedding. Their unwavering commitment to their shared mission and vision guided them throughout the process. They wholeheartedly embraced the concept of a wedding with green protocol, driven by their firm belief in sustainability. To ensure their wedding aligned with their values, Nik and Harsha collaborated with numerous start-ups and organizations from different parts of India. Their participation contributed to the creation of an event that exemplified mindful consumption and sustainability. Together, they developed a comprehensive plan that emphasized reducing, reusing, and recycling, while adhering to a…
Five agritech startups that help farmers with their innovative solutions. A recent report by EY said that India’s agritech market is capable of reaching $24 billion by 2024. In India, agriculture is the primary source of living for 58 per cent of the population. The past few years have seen several startups venturing into the field with innovative solutions to help farmers. Here are five such agritech startups. AgroStar: The Pune-based AgroStar was launched by Shardul Sheth and Sitanshu Sheth in 2013 to serve as an online marketplace where farmers can buy agricultural products. The startup helps farmers access advice from experts on managing crops and…
Discover the inspiring success story of MediBuddy, the Bengaluru-based health-tech start-up that is revolutionizing healthcare in India. MediBuddy is a Bengaluru-based health-tech start-up that has transformed the way millions of Indians access healthcare services. Founded in 2014 by Satish Kannan and Enbasekar Dinadayalane, MediBuddy has quickly become one of India’s leading digital health platforms, offering a wide range of services to individuals, corporates, and insurance providers. The idea behind MediBuddy was born out of the founders’ own frustrations with the healthcare system in India. They recognized the need for a platform that would simplify and streamline the healthcare experience, making it more convenient, affordable, and accessible…
Plastic Whale Sculpture Shines Spotlight on Sustainable Practices in Dubai. At Dubai’s only Indoor Tropical Rainforest, an 18-meter-long blue whale made of plastic bottles and bags conveys the urgent need for waste reduction and sustainable practices. The life-size blue whale, constructed from over 8,000 plastic bottles and 1,000 plastic bags, will be on display at The Green Planet prior to World Environment Day on June 5. The life-size sculpture that aims to raise awareness about the significance of nature conservation took more than 800 hours to construct. The authorities’ disclosure of the blue whale will happen on Monday, June 5, and it will be open for…
Tata’s Game-Changing Battery Factory in Gujarat On Friday, the Tata group and the Government of Gujarat reached an outline agreement for the construction of a factory for lithium-ion cells. The factory will require an investment of approximately Rs 13,000 crore, or $1.6 billion. India is looking to establish its own supply chain for electric vehicles (EVs). The decision to establish the EV battery plant in Sanand, Gujarat, was made earlier this week at a Tata Sons Board meeting, according to sources close to the development. Tata Motors has acquired the nearby Ford Motors plant and already operates a plant at…
Streaming Giants Consider Strategies to Counter India’s New Tobacco Warning Rules. Streaming giants Netflix, Amazon, and Disney are reportedly exploring strategies to confront India’s recently implemented tobacco warning rules. These rules, which require streaming platforms to incorporate health warnings and anti-tobacco disclaimers in their content, have raised concerns about the extensive editing required for millions of hours of existing web content. In response to these regulatory changes, executives from the streaming companies and India’s Viacom18 held a closed-door meeting to discuss potential courses of action, including the possibility of a legal challenge. India’s New Tobacco Warning Rules India’s Health Ministry…
Rising Concerns: Tackling Counterfeit Currency in India Counterfeit currency poses a significant challenge to India’s financial system, and recent reports reveal a worrisome trend. With fake notes circulating in the market, it becomes crucial for individuals and businesses to stay vigilant and take necessary precautions. This article delves into the extent of counterfeit currency, its impact on different denominations, and provides guidance on identifying and handling fake notes. Prevalence of Fake Notes: The Reserve Bank of India’s annual report sheds light on the prevalence of counterfeit currency in India. Notably, fake 500 rupee notes are more common than their 2000…
UAE Maintains Tax-Free Income System, Implements Corporate Tax for Economic Growth. The UAE authorities have made it clear that there are no intentions to introduce income tax. Ministry of Finance Undersecretary Haji Al Khoori emphasised that the UAE has no plans to implement a personal income tax. This statement reaffirms the Government’s commitment to maintaining a tax-free income environment for individuals in the UAE. The Minister of State for Foreign Trade, Dr Thani bin Ahmed Al Seyudi, also previously stated that personal income tax was not under consideration. No Corporate Tax on Personal Income Haji Al Khoori further clarified that…
The National Payments Corporation of India (NPCI) announced a significant milestone for the Unified Payments Interface (UPI), as it keyed-in a record-breaking 9 billion transactions in May. This article delves into the latest achievements of UPI, its projected growth, and the evolving landscape of digital payments in India. UPI’s Phenomenal Growth: The NPCI, the governing body for retail payments and settlement systems in India, reported the exceptional performance of UPI, hailing it as a major success in real-time mobile payments. With over 9 billion transactions in May, UPI continues to offer seamless and convenient payment options to users across the…
Meta Unveils Quest 3 Mixed Reality Headset: Aiming to Rebound in the Reality Labs Market. Declining Revenues Prompt New Product Launch In an effort to recover from declining revenues in the Reality Labs segments, Meta founder and CEO Mark Zuckerberg unveiled the company’s highly anticipated next-generation mixed reality headset. The Quest 3, a cutting-edge colour mixed reality headset, is set to hit the market ahead of rival Apple’s planned launch of a VR/AR mixed reality headset during the Apple WWDC 2023. Combining Augmented and Virtual Reality The Quest 3 aims to revolutionise the immersive experience by seamlessly integrating augmented and…