Author: News Desk

New Delhi Railway Station stands out as the top earner in India’s railway system, contributing a massive Rs 3,337 crore in the 2023-24 fiscal year. This iconic station has secured its position at the top by generating revenue through a wide range of sources such as advertisements, retail shops, platform tickets, waiting halls, and other services. Key Revenue Streams Heavy Traffic and Constant Activity New Delhi Railway Station is not only the highest-earning station but also one of the busiest in the country, handling a staggering 39.3 million passengers annually. This constant footfall makes it a crucial part of the…

Women entrepreneurs in India are significantly shaping the country’s dynamic startup scene. The Indian Startup Funding Report 2024 by Inc42 reveals a striking 93.75% increase in funding for women-led ventures, which raised approximately $930 million (around Rs 7,900 crore) through 136 deals, compared to the previous year. This surge is part of a broader trend, with nearly half of India’s 1.57 lakh startups under the Startup India initiative being led or co-led by women. Key Sectors Powering Growth Fintech and e-commerce have emerged as the leading sectors for women-led startups. Fintech secured the largest share of funding with $266.91 million…

At a press conference at Trump’s Mar-a-Lago resort in Florida, Hussain Sajwani, the chairman of DAMAC Properties, unveiled plans to invest $20 billion in building state-of-the-art data centers across key U.S. states, including Arizona, Texas, and Michigan. The investment aims to bolster the U.S.’s capabilities in artificial intelligence (AI) and technology infrastructure. Scope of Investment The $20 billion investment will focus on constructing massive data centers to support the growing demand for advanced technology such as AI. Sajwani, 71, stated that the contribution could surpass $20 billion depending on market conditions. The initial phase of the investment will target the…

In an auction in London, a Rs 100 ‘Haj note’ was sold for a staggering Rs 56,49,650, attracting significant attention due to its unique historical value. What Makes the ‘Haj Note’ Special? The Haj note, issued by the Reserve Bank of India (RBI) in the 1950s, belongs to a special series designed for Indian pilgrims traveling to Gulf countries for the Haj pilgrimage. Known as “Haj Notes,” these were introduced by the RBI to help prevent the illegal purchase of gold using regular Indian currency. Distinctive Features Haj notes were distinguishable by the ‘HA’ prefix on the serial number, making…

V Narayanan has been appointed as the new chairman of the Indian Space Research Organisation (ISRO), succeeding S Somanath. He will also serve as the Secretary of the Department of Space, effective January 14, 2025, for a term of two years or until further orders. Transition in Leadership The Union government announced the appointment on Tuesday, with the decision approved by the Appointments Committee of the Cabinet. Narayanan, currently the Director of the Liquid Propulsion Systems Centre (LPSC), will take over both roles, continuing ISRO’s ambitious trajectory in space exploration. Who is V Narayanan? V Narayanan is a distinguished scientist…

On Tuesday, Union Home Minister Amit Shah launched Bharatpol, a new portal developed by the Central Bureau of Investigation (CBI), designed to enhance real-time information sharing between Indian law enforcement agencies and international counterparts. This initiative aims to streamline access to international police assistance and accelerate the investigation process. Connecting Agencies for Faster Investigations Shah emphasized that Bharatpol will revolutionize how Indian probe agencies connect with Interpol, speeding up investigations. Traditionally, international cooperation relied on letters, emails, and faxes, which often delayed crucial communication. Bharatpol will bring all stakeholders onto a unified platform, making information exchange seamless and efficient. Tackling…

The Indian startup world is witnessing a fresh controversy after Amrendra Sahu, the co-founder of home rental platform Nestaway, filed an FIR against the company’s investors, including Tiger Global, Goldman Sachs, Chiratae Ventures, and co-founders Jitendra Jagadev and Smriti Parida. The case has shed light on disturbing financial and governance issues, including the dramatic decline of Nestaway’s valuation from Rs 1,800 crore to Rs 90 crore. From Rs 1800 Crore To Rs 90 Crore In 2020, Nestaway was valued at Rs 1,800 crore and had raised Rs 700 crore in funding. However, the company was sold for a meager Rs…

Kanyakumari has unveiled India’s first glass bridge, connecting the Vivekananda Rock Memorial and the Thiruvalluvar Statue, offering breathtaking ocean views. Engineering Feat Over the Indian OceanThe bridge features advanced technology, designed to endure extreme weather and large crowds, providing a safe and thrilling experience over turquoise waters. Connecting Two Cultural IconsThe bridge links two cultural landmarks—Swami Vivekananda’s Memorial and the Thiruvalluvar Statue—symbolizing India’s rich spiritual and philosophical traditions. Boosting Tourism in KanyakumariThis new attraction is set to enhance tourism, attracting both adventure lovers and culture seekers with unique views and historical insights. Ensuring Visitor SafetySafety measures include non-slip surfaces, sturdy…

Bengaluru’s Namma Metro is set for its first fare hike in nearly eight years, with ticket prices rising by 40-45%. The base fare will increase to ₹15, while the maximum fare will climb to ₹85, up from the current ₹60. Reason Behind the Increase This move follows the recommendations of a government-appointed fare fixation committee, which analyzed factors such as rising operational costs, maintenance, and electricity expenses. The committee submitted its report to the Bangalore Metro Rail Corporation Limited (BMRCL), and the proposal is expected to be approved on January 17. Details of the Revised Fare Structure The revised fare…

Air India has taken a significant step forward in enhancing passenger experience by introducing Wi-Fi services on both domestic and international flights. This development makes Air India the first Indian airline to offer in-flight connectivity on domestic routes, surpassing even global players like Elon Musk’s Starlink, which has yet to roll out similar services. Wi-Fi Available on Select Air India Aircraft Passengers can now access Wi-Fi on select Air India aircraft, including the Airbus A350, Boeing 789-9, and certain Airbus A321neo models. The service enables travelers to use social media and messaging apps, along with other internet-based activities, on their…