Author: News Desk
YouTuber MasterMilo recreated the iconic Mr Bean scene. The show has a sketch where Mr Bean drives a car from a couch. The couch is attached to the roof of the car. MasterMilo created his ‘WipKar’ using household items. Besides the couch, he used paint cans, threads and sticks to make the car MasterMilo’s first attempt was in 2010. However, the car was destroyed in a workshop fire. Milo rebuilt the car in front of a live audience . He was invited to be an exhibitionist at Vakkanjers Live
India opens its first gold ATM at Begumpet, Hyderabad. It is also the world’s first real-time gold ATM.Goldsikka’s ATM dispenses gold coins of different denominations.It ranges from 0.5 gm to 100 gms.Prices will be displayed on the screen.Coins are certified with 999 purity.One can get coins with debit or credit cards.Hyderabad-based Opencube Technologies provided the technology support.Goldsikka plans to establish 30,000 ATMs across India in two years.
After a period of market study, the Reserve Bank of India has finally announced the launch of its first Central Bank Digital Currency (CBDC). The pilot would take place in select locations in a closed user group (CUG). The digital token e-Rupee, which would be issued in the same denominations as paper currency and coins, will be distributed via banks. The pilot will assess the feasibility of the e-Rupee. Further decisions will be taken based on that. SBI, ICICI, Yes Bank and IDFC First bank in Mumbai, New Delhi, Bengaluru, and Bhubaneswar will take part in the first phase. What is the difference between digital…
Yet another tweet by Anand Mahindra goes viral. This time he shared videos of a six-seater electric vehicle . The video shows a man driving the vehicle with his friends on board. He claims that the EV can travel 150 km on a single charge. The total cost of manufacturing was within Rs 12,000. Anand Mahindra feels that this rural invention could go global with a bit of tinkering. He believes that it could be used as a tour ‘bus’ in busy European tourist destinations. The video received a mixed response.
A new history was born in the field of Indian space exploration when Vikram-S was launched from the spaceport at Sriharikota. Skyroot Aerospace, India’s largest private space startup, named the mission ‘Prarambh’ as a symbol of a new beginning. Skyroot Aerospace is the first startup to sign an MoU with ISRO. Skyroot’s success will provide a boost and incentive to other start-up companies to enter the space sector. In June 2020, the Government announced a new scheme called ‘IN-SPACe’ to increase private participation in the space sector. To increase the diffusion of space technology and boost the space economy within…
The Ministry of Information and Broadcasting (MIB) issued a set of guidelines for platform services (PS) by multi-system operators (MSOs), on November 30, 2022. As per the Cable Television Network Rules, 1994, MSOs can transmit their programming service either directly to their own subscribers or via one or more local cable operators. MSOs are given a 12-month period to comply with these guidelines issued in accordance with Rule 6(6) of the Cable Television Network Rules. The online registration process for PS channels by MSOs has been set at a nominal fee of Rs 1,000 per PS channel. The online registration portal for this…
The first range of electric mobility solutions by Zen Mobility has been announced. The vehicles are ‘Zen Maxi Pod’, a multi-purpose four-wheeler, and ‘Zen Micro Pod’, a purpose-driven cargo three-wheeler. Both vehicles have been designed in a way to ensure comfort and convenience. These Light Electric Vehicles (LEV) will provide better efficiency, productivity, safety, cost-effectiveness and durability. While the Micro Pod aims to address last-mile delivery concerns of riders and delivery partners, Maxi Pod is designed for both passenger commute and goods delivery. Designed in Germany, the vehicles will be manufactured in India using locally-sourced materials. The Micro Pod will be out by 2023. The Maxi Pod…
Maruti Suzuki to increase the price of its vehiclesThe new cost will be effective from January 2023The hike would be different across models Maruti is yet to reveal the new pricesInflation and recent regulatory requirements have caused the spikeMaruti holds about 40 per cent market share in India’s passenger vehicle marketIndia’s annual retail inflation rate eased to 6.77 per cent in OctoberHowever, it is still above the 6 per cent upper limit of the Reserve Bank of India
India is keen to curb imports of electric fans and smart meters from ChinaThe Commerce and Industry Ministry would soon issue quality control orders (QCOs) to check theseThe government says the move will benefit our own industry and consumersIn 2020, India enforced strict quality control measures to tackle toy imports, especially from ChinaSince then, toy imports from China have reduced by 80 per cent to $59 millionIn FY22, India’s import of ceiling fans rose to $6.22 million The import from China was estimated at $5.99 millionOf the $3.1 million imports of smart meters, about $1.32 million came from China
The month of November turned profitable for carmakersDespatches for top 10 carmakers rose 31.7 percent year-on-yearMaruti, Hyundai registered double -digit growthThe despatches of Tata Motors jumped 55 per cent 46,425 unitsAvailability of semiconductors pushed the growthIndia is the world’s fourth-largest passenger vehicle marketIt expects to end the year with 3.8 million units