Author: News Desk

Union Minister for Roads, Transport and Highways Nitin Gadkari inaugurated India’s first commercial electric truck battery swapping and charging station at the Delhi International Cargo Terminal Private Limited (DICT) in Panchi Gujran village on the GT Road near Ganaur in Sonipat. India Moving Toward Clean and Self-Reliant Fuel Production Speaking at the event, Gadkari said India is on track to become the world’s leading producer of aviation fuel. He urged farmers to stop burning stubble and instead use it to produce biofuels, which would strengthen rural incomes and reduce pollution. He highlighted that around five million tons of stubble are already being used to produce bio-bitumen, which is now being used to construct roads in Nagpur and…

Subham Chatterjee, popularly known in mountaineering circles as Mountaineer Ronnie, successfully summited Mount Manaslu, the world’s eighth-highest peak at 8,163 meters, on September 28, 2025, at 6:18 am. The climber from Hooghly district, West Bengal, joins an elite group of mountaineers who have conquered one of the Himalayas’ most dangerous mountains. Battling the ‘Death Zone’ Mount Manaslu, situated in Nepal’s Mansiri Himal range, is notorious for its high fatality rate of 18%, making it one of the deadliest peaks worldwide. The route between Camp 3 and Camp 4 alone takes over 10 hours, with climbers facing steep snow slopes and unstable glaciers. During his ascent, Chatterjee narrowly escaped an avalanche at…

Tamil Nadu Chief Minister M.K. Stalin announced on Tuesday that the state plans to attract Rs 75,000 crore in investments in the aerospace and defence sectors by 2032. He urged global companies not to delay decisions on establishing operations in the state. AeroDefCon’25 Inauguration The announcement was made during the inauguration of AeroDefCon’25, a three-day defence and aerospace conference held at the Chennai Trade Centre. Stalin highlighted that Tamil Nadu is investment-ready in every district and emphasized the government’s support for armed forces personnel, scientists, entrepreneurs, and investors. He called the Tamil Nadu Defence Industrial Corridor a turning point and expressed his vision for the state to become a national manufacturing hub. Steps…

India’s Commerce and Industry Minister Piyush Goyal visited Doha and held talks with Sheikh Faisal bin Thani bin Faisal Al Thani, Qatar’s Minister of Commerce and Industry, to advance discussions on a free trade agreement (FTA) between the two nations. Doubling Trade and FTA Timeline Goyal stated that India and Qatar are exploring ways to double bilateral trade to $30 billion by 2030, up from the current $14 billion. The FTA terms of reference are under discussion and are expected to be finalized shortly. The minister indicated that the trade agreement could be concluded by mid-2025 or the third quarter of 2026, aiming for a fast-tracked negotiation process. Sectors with…

The Indian Institute of Technology Madras (IIT Madras) and the Indian Navy signed a Memorandum of Understanding (MoU) on October 7 to collaborate on naval technology, ocean structures, and advanced engineering solutions. This partnership reinforces both institutions’ commitment to enhancing India’s maritime strength through indigenous capabilities. MoU Signing Ceremony The MoU was signed at IIT Madras in the presence of Vice Admiral D Goswami, Director General of Naval Projects, and Prof V Kamakoti, Director of IIT Madras, along with senior faculty members from the Department of Ocean Engineering. Brigadier Rajesh Karel, Chief Engineer, DGNP Mumbai, and Prof Ashwin Mahalingam, Dean i/c Industrial Consultancy & Sponsored Research, IIT Madras, represented their respective institutions. Prof Kamakoti highlighted that this…

Fintech startup Niro has officially closed operations, founder Aditya Kumar announced on social media, marking the end of a journey that began in 2021. Background and Business Model Founded by Aditya Kumar and Sankalp Mathur, Niro was a B2B2C platform that enabled consumer internet companies to offer loans by connecting them with financial institutions. The startup provided loans ranging from Rs 50,000 to Rs 7 lakh for tenures of 6 to 72 months, with interest rates between 12% and 28%. Despite being ambitious, innovative, and scaling rapidly, Niro faced challenges in a tightening regulatory and credit environment. Achievements and Growth During its operation, Niro raised $20 million from investors including Elevar Equity, GMO Venture…

The Indian Navy commissioned INS Androth, the second ship in its series of Anti-Submarine Warfare Shallow Water Craft (ASW-SWC), on Monday at the Naval Dockyard, Visakhapatnam. The ceremony was led by Vice Admiral Rajesh Pendharkar, Flag Officer Commanding-in-Chief of the Eastern Naval Command, and attended by senior naval officials, representatives from Garden Reach Shipbuilders & Engineers (GRSE), Kolkata, and other dignitaries. A Milestone in Indigenous Shipbuilding INS Androth highlights India’s progress towards self-reliance under the Aatmanirbhar Bharat vision, with over 80% indigenous content. Built by GRSE, the vessel reflects India’s growing expertise in shipbuilding technology and defence innovation. Design and Capabilities The ship measures 77 metres in length and displaces around 1,500 tonnes. It is specially designed…

India’s Commerce and Industry Minister Piyush Goyal and the UK’s Secretary of State for Business and Trade Peter Kyle met in Mumbai on October 8 to chart a roadmap for implementing the India–UK Comprehensive Economic and Trade Agreement (CETA). Operationalising the Trade Agreement The ministers agreed to reposition the Joint Economic and Trade Committee (JETCO) to oversee the agreement’s rollout. Both sides emphasized a swift, coordinated, and results-driven approach to ensure CETA delivers benefits for businesses and consumers in both countries. This meeting coincided with British Prime Minister Keir Starmer’s first visit to India since taking office. Addressing business delegates, Starmer said he wants the India-UK free trade agreement implemented “as soon as humanly…

The visionary industrialist passed away at the age of 86 last year, leaving behind a legacy that shaped modern India’s business landscape. As the nation remembers his unmatched contributions to industry, innovation, and humanity, his absence continues to be deeply felt by those whose lives he inspired with compassion and purpose.Here’s a look back at the remarkable journey of Ratan Tata, the man who built more than companies, he built trust. Early Life and Education Ratan Naval Tata was born on December 28, 1937, in Mumbai to Naval and Sooni Tata. His father, Naval, was adopted by Ratanji Tata, son of Jamsetji Tata, the…

Cristiano Ronaldo has officially entered billionaire territory, becoming the first footballer ever to reach this status, according to Bloomberg. The 40-year-old Al-Nassr and Portugal star has been added to Bloomberg’s Billionaires Index for the first time, with an estimated net worth of $1.4 billion. How He Built His FortuneBloomberg’s valuation includes Ronaldo’s career earnings, investments, and endorsement deals. Over two decades, he’s earned more than $550 million in salary. His commercial deals have added hundreds of millions more, led by a long-term partnership with Nike worth nearly $18 million a year. Record-Breaking ContractsRonaldo’s 2022 move to Al-Nassr in Saudi Arabia made headlines when reports confirmed he…