Author: News Desk

India is actively pursuing the establishment of a Semiconductor Research Centre to bolster its ambitions in the semiconductor industry. However, concerns about India’s preparedness to address challenges in the semiconductor sector have been raised. Investments in OSAT and the Shadow of China While India is attracting investments in Outsourced Semiconductor Assembly and Test (OSAT), it faces stiff competition from China, a major player in the semiconductor arena. The global semiconductor landscape is evolving, and India’s integration ecosystem is seen as lacking compared to other nations. India’s Absence in Key Semiconductor Groupings A notable observation is India’s absence from several emerging…

Apple Inc. reported a significant milestone in its Indian operations, revealing that it successfully manufactured iPhones valued at a staggering 1 lakh crore rupees in the past year. This production surge is part of the company’s aggressive strategy to establish a stronger foothold in the burgeoning Indian smartphone market. From January to December, Apple’s domestic production in India resulted in iPhones worth 65,000 crore rupees, marking a substantial contribution to the Indian market. While the ex-factory price of these iPhones is reported to be 1 lakh crore rupees, market dynamics are expected to push the retail prices to a range…

It is raining investments for Tamil Nadu at the third edition of its two-day Global Investors Meet (GIM) in Chennai. Tamil Nadu Chief Minister M.K. Stalin has declared a significant achievement for the state, revealing that the Global Investors Meet held in Chennai over two days successfully garnered investments amounting to a substantial 6.64 lakh crore rupees. This summit was a strategic move by the Tamil Nadu government, led by the DMK party, with a visionary goal of transforming the state into an economic powerhouse boasting a wealth management system of 1 trillion rupees by the year 2030. The event, which…

Resignation of Vice President Sidharth Satpathy Swiggy Instamart, the renowned food delivery giant, is witnessing a series of top-level departures, with the latest being the resignation of Vice President Sidharth Satpathy. Having dedicated over four years to the company, Satpathy has decided to move on, marking another significant shift in the leadership landscape. Successor Named: Anirban Roy Takes the Helm In the wake of Satpathy’s departure, Amazon India’s performance marketing head, Anirban Roy, has been appointed to fill the void. Satpathy shared this development in a LinkedIn post, stating, “Anirban Roy will be taking over my role in Instamart effective…

Google Drive, the widely-used cloud storage service by the tech giant, is presenting users with an enticing start to the new year. Available on Android, iOS, and desktop, the cloud storage plans are now on a limited-time special discount. While the standard cost for the lowest tier of cloud storage in India is Rs 130 per month, the current offer allows users to subscribe to Google One at a significantly reduced rate of Rs 35 per month for a brief period. Exploring the Exclusive Discounts For new users, this limited-period offer opens doors to the benefits of a Google One…

Kansai International Airport, nestled in the middle of Osaka Bay off the Honshu Shore in the Greater Osaka Area of Japan, boasts a unique setting – an artificial island called Kankūjima, constructed to alleviate overcrowding at Osaka International Airport. The ambitious project, which cost a staggering $20 million, has become a global marvel since its opening in 1994. Terminal One – A Architectural Triumph The airport’s island is divided into two distinct areas, each housing a terminal building. Terminal one, designed by the renowned architect Renzo Piano, stretches an impressive 1.7 km, making it the world’s longest airport terminal. With…

Anticipation builds as OnePlus prepares to launch the OnePlus 12R alongside its flagship OnePlus 12 at an eagerly awaited event scheduled for January 23 in India. A recent revelation discloses that the OnePlus 12R will be exclusively available on Amazon, offering consumers two striking colour options: blue and black. While the Amazon landing page confirms the launch date, it maintains an air of mystery surrounding additional specifications. OnePlus 12R Anticipated Features: As industry insiders speculate, the OnePlus 12R is poised to be a rebranded iteration of the recently introduced OnePlus Ace 3 in China. Under the hood, expectations run high…

The United Arab Emirates (UAE) has marked a significant milestone in its collaboration with NASA, building upon the successes of previous joint efforts in human spaceflight. In 2019, Hazzaa AlMansoori became the first Emirati to journey to space during a brief mission to the International Space Station (ISS). Following this historic achievement, Sultan AlNeyadi embarked on a six-month mission to the space station in 2023. Lunar Ambitions Materialise Upon his return to Earth, AlNeyadi expressed his profound desire to reach the Moon, stating, “‘We want to go to the Moon.’” This aspiration has now evolved into a comprehensive project, featuring…

In a landmark development, the Central government has garnered the approval of the President of India to initiate solar energy projects with an estimated value of ₹24,104 crore. The primary objective of this ambitious endeavour is to electrify a staggering one lakh households belonging to Particularly Vulnerable Tribal Groups (PVTG) spread across 18 states. This significant step is aligned with the Prime Minister’s Janjati Adivasi Nyaya Maha Abhiyan (PM JANMAN), signalling a crucial stride towards achieving sustainable energy access for all. Investment Breakdown and Timeline According to the latest directive from the Ministry of New & Renewable Energy, the central…

Uttar Pradesh’s tourism sector has experienced significant growth, with the state welcoming over 32 crore tourists in the first nine months of 2023. This figure surpassed the total footfalls for the entire calendar year of 2022, marking a notable increase of at least 25%. The surge in tourism includes a substantial number of foreign visitors who explored the diverse attractions of the state. Uttar Pradesh achieved milestones not only in tourism but also across various sectors, securing top positions in central and state welfare schemes. According to information from an official spokesperson, a total of 31,91,95,206 people from across the…