Author: News Desk
Future Point Cabs, a CSR initiative by IBS Software focused on empowering women through driving skills and employment opportunities, has completed one year of operations. Started in Kochi, the service has grown into a functional urban mobility solution with 10 modern taxis, 25 trained female drivers, and over 4,500 completed trips in its first year. Founder and Executive Chairman of IBS Software, Shri V K Mathews, announced plans to expand the service beyond Infopark to wider areas of Kochi. As part of the next phase, 40 more women will be recruited for driver training, with applications now open for women aged 21 to 45.…
Indian Railways has approved the introduction of an overnight Vande Bharat sleeper train connecting Mumbai and Bengaluru through the KSR Bengaluru and Chhatrapati Shivaji Maharaj (T) stations, marking a major upgrade in long-distance rail travel. The new service is expected to significantly reduce travel time while offering enhanced comfort compared to traditional sleeper trains. Unlike existing Vande Bharat trains, which operate as chair car services, this version will feature sleeper coaches, making it suitable for overnight journeys. The train is part of Indian Railways’ broader plan to expand the Vande Bharat network and modernize intercity travel across the country. At present, there is only one dedicated daily train, UdyanExpress between Bengaluru and Mumbai. It runs via Guntakal and Kalaburagi, covering 1,136…
Australia has begun tightening its student visa regulations in 2026, leading to a significant rise in rejection rates for Indian applicants. Reports indicate that nearly 40% of Indian student visa applications are being rejected, as authorities step up scrutiny to curb misuse of the system. The crackdown is part of Australia’s broader effort to ensure that student visas are used strictly for education purposes and not as a backdoor for migration. Officials are focusing on factors such as genuine student intent, financial stability, and choice of institutions, leading to stricter evaluation processes. The move has raised concerns among Indian students and education consultants, as Australia has long been…
Amazon is reportedly working on an internal project called “Project Houdini”, aimed at dramatically speeding up the construction of data centres that power the growing artificial intelligence industry. According to internal documents cited by Business Insider, the initiative focuses on shifting major parts of the construction process away from on-site work and into factory-based assembly, where large sections of data centres are prebuilt as modular units. The goal of the project is to reduce the time required for Amazon Web Services (AWS) to bring new computing capacity online, while also cutting tens of thousands of on-site labour hours. In his annual shareholder letter, Amazon CEO Andy…
Indian Railways is set for a major expansion under the PM Gati Shakti National Master Plan, with investments exceeding ₹1.53 lakh crore in the financial year 2025–26. The planned projects will cover more than 6,000 kilometres of railway network across the country. According to the Ministry of Railways, this marks a significant 110% increase compared to the previous financial year. A total of 100 projects, including new lines, doubling, and multi-tracking works, have been approved this year, focusing on better connectivity, inclusive development, and last-mile access. In comparison, during 2024–25, the ministry sanctioned 64 projects worth around ₹73,000 crore, covering…
Tata Consultancy Services (TCS) has completed its workforce restructuring exercise, resulting in around 8,000 job reductions, which is nearly 25% lower than its earlier estimate of 12,000 cuts. The company had announced the restructuring in July 2025 as part of its plan to become a more future-ready organisation. At the time, it said around 2% of its global workforce—mainly from middle and senior levels—could be impacted, depending on deployment feasibility. TCS had a workforce of just over 600,000 employees when the process began. The restructuring has cost the company about ₹1,388 crore in FY26 and was completed in the third…
India has increased the distribution of smaller 5-kg LPG cylinders and sped up the rollout of piped natural gas (PNG) connections as it works to stabilise fuel supply amid disruptions caused by the ongoing West Asia conflict. Since March 23, over 13 lakh free trade 5-kg LPG cylinders have been sold, with daily sales crossing 1 lakh units. The move is aimed at improving access for migrant workers and low-income households, according to an official statement. Alongside this, more than 4.24 lakh new PNG connections have been activated since March, while over 30,000 users have voluntarily given up LPG connections…
Mini Metro EV LLP has introduced its flagship electric three-wheeler, Yugo, which delivers an ARAI-certified range of 325 km (IDC). The launch is supported by a long-term ₹70 crore investment plan aimed at expanding manufacturing operations across Uttar Pradesh. With this launch, the company is clearly shifting its identity from a traditional e-rickshaw maker to a more advanced electric mobility manufacturer. The Yugo sets a new benchmark in the segment with a 14kWh battery pack, a top speed of 50 km/h, and several premium features such as Hill Hold, Hill Assist, regenerative braking, and an on-board charger. To support this upgraded…
UPI payments have become a routine part of life for millions of Indians, offering instant money transfers within seconds. But that instant speed may soon change slightly, as the Reserve Bank of India is reportedly considering a proposal to introduce a short delay on certain high-value digital transactions to reduce rising cases of online fraud. The basic idea is to create a brief pause that allows users to stop a payment if something seems suspicious. How the proposed system would work Under the proposal, account-to-account transfers above ₹10,000, especially through UPI, may not be processed instantly. Instead, there could be…
Pakistan, facing persistent pressure on its external finances, is expected to receive around USD 5 billion in financial assistance from Saudi Arabia and Qatar, according to media reports. The inflows are seen as a crucial support measure for the country’s fragile foreign exchange position. The timing is significant, as Islamabad is preparing to repay USD 3.5 billion to the United Arab Emirates later this month while continuing to manage strained foreign reserves, Dawn reported, citing sources in the finance ministry. The expected funding comes as Finance Minister Muhammad Aurangzeb travels to Washington to attend the IMF–World Bank Spring Meetings. During…
