Author: News Desk

Musk considers making low-cost Tesla for markets like India and IndonesiaHe said this in a virtual address to a business forum meeting during the ongoing G-20 summit in IndonesiaFor a long time, Musk has been at odds with India over Tesla’s entry into the Indian marketIndia wants him to set up a local factoryHowever, Musk is not quite keen on the ideaInstead, he wants India to reduce its high import taxes on electric vehiclesIndia currently imposes a 100 per cent duty on fully imported cars with a Cost, Insurance, and Freight (CIF) value of over $40,000Government is apprehensive about slashing…

Swadesh Darshan special tourist trains run by Indian Railway Catering And Tourism Corporation Limited (IRCTC) will operate services to pilgrimage centres from Kerala. During the ‘Mandalam’ season, these trains will conduct services to Kashi, Ayodya, Allahabad, and other pilgrim spots. On December 10, the train will begin its journey from Kochuveli railway station and return on December 20. Tourists can visit various religious centres and monuments in Odisha, Bihar, and Uttar Pradesh. Travellers can visit Konark Sun Temple, Puri Jagannath Temple, Vishnupada Temple in Gaya, Kashi Vishwanath Temple in Varanasi, temples in Ayodhya, and Triveni Sangam in Prayagraj (Allahabad). The…

The front-of-the-pack nutritional labelling (FOPNL) of pre-packaged foods to put MSMEs in trouble, says the Indian Sellers Collective. The Food Safety and Standard Authority of India (FSSAI) introduced the draft of the front-of-the-pack nutritional labelling in September 2022. As per the draft, the packaged foods will be given star ratings such as ‘one-star food’, ‘two-star food’, ‘good food’ and ‘not-good food’. The rating will be determined based on the quantity of salt, sugar and fat in the food. The report suggests that traditional Indian snacks are rich in these elements and would be labelled as ‘unhealthy’. Murukku, Gulab Jamun, Burfi,…

Royal Enfield launched its Super Meteor 650. The new model is the flagship cruiser from the manufacturer. It has been under development for a few years. The Super Meteor 650 will be launched in India in the coming months. It will be available in two variants – The Super Meteor 650 and Super Meteor 650 Tourer. The Super Meteor 650 will be available in five colours – Astral Black, Astral Blue, Astral Green, Interstellar Grey, and Interstellar Green. The Super Meteor 650 Tourer will come in two colourways – Celestial Red and Celestial Blue.

Sheikh Hamdan bin Mohammed Al Maktoum, the adored Crown Prince of Dubai, turned 40 today. The crown prince, who is more often known by his Arabic name Fazza, which means “the one who helps,” has also adopted the personas of a devoted father, an equestrian, a poet, and a photographer with a strong affinity for wildlife and the outdoors. He is well renowned for his sense of adventure and is frequently spotted participating in heart-pounding activities like skydiving, free diving, and even scaling the Burj Khalifa. The prince attended Rashid Private School in Dubai for his primary education. Then he…

Sharmilla Toms, Airport Services Manager for Oman Air, stated that the aviation industry is in need of qualified employees. According to Akasha Air’s station manager, Joy Chitra Roy, individuals working in the aviation industry need to have the ability to plan ahead and handle difficult situations. It was impressive that the prominent experts in the sector shared their experiences at the event held in Kochi, which covered the necessity and potential of using hybrid learning to produce the greatest aviation workers. The event was organised by Smart GC Pro, an edtech startup, at the Kerala Startup Mission in Kalamassery, Kochi.…

Khaled was honoured by the DRDO at Gujarat’s Defense Expo 2022 for creating a tiny gas turbine jet engine. The prize was given to him by Rajnath Singh, the defence minister, at the 12th edition of the Defence Expo in Gandhinagar, which featured an exhibition of autonomous weapons at the Larsen & Toubro (L&T) pavilion. Khalid believes that his intense interest in physics and machinery is what inspired him to create the novel engine, which is surprising given that he has no formal training in mechanical engineering. Khalid took part in the Dare to Dream competition, which encourages entrepreneurs and…

Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), and Clean Technology Fund (CTF) have provided $55 million in financing to electric bus maker GreenCell Express to build 255 battery-powered electric buses (e-buses). Additionally, it will get funds totaling $325,000 from the Climate Technology Fund (CTF) and $5.2 million from the Climate Innovation and Development Fund run by Goldman Sachs and Bloomberg (CIDF). The decarbonization of 100 electric buses using solar power and battery energy storage devices will be partially funded by this CIDF grant, according to the announcement. In the states of Maharashtra, Gujarat, Uttar Pradesh, New Delhi, and…

Adani Group is surely in expansion mode. Last Wednesday, the Adani Group company acquired a 49.38 per cent equity stake in Indian Oiltanking Ltd (IOTL), which is a developer and operator of liquid storage facilities. The acquisition was for Rs 1,050 crore. A day later, the shares of Adani Ports and Special Economic Zone Ltd (APSEZ) fell over 1 per cent. APSEZ had also acquired an additional 10 per cent stake in IOT Utkal. IOT Utkal is a subsidiary of IOTL. This has made APSEZ India’s largest third-party liquid tank storage player. APSEZ’s oil storage capacity rose 200 per cent…

Indian billionaire Mukesh Ambani has reportedly entered the race to acquire the English football club Liverpool FC. After the club was put up for sale by owners Fenway Sports Group. Fenway Sports Group (FSG)had purchased the Merseyside membership in October 2010. The FSG are prepared to promote the membership for £4 billion. Ambani has a significant interest in sports in India. Reliance Industries (RIL) owns the Indian Premier League team Mumbai India and runs the football league, Indian Super League, in the country. Along with the All India Football Federation.