Author: News Desk

1X, a leading innovator in humanoid robotics, has introduced NEO Beta, a cutting-edge prototype of its bipedal humanoid robot designed for home environments. This launch marks a pivotal moment in the evolution of robotics, as NEO Beta shifts away from traditional, rigid designs towards more human-like, bio-inspired robots capable of safely interacting with people. A Major Milestone for 1X The unveiling of NEO Beta signifies a key achievement for 1X, as the company transitions from development phases to real-world applications. According to a video released by 1X, NEO Beta has been built to function safely around humans, addressing one of…

Air India Express, the low-cost airline under the Tata group’s Air India, reported a net loss of ₹163 crore for the fiscal year 2023-24 (FY24). This marks a sharp decline from the ₹117 crore profit achieved in the previous fiscal year, making it only the second time in nine years that the airline has posted a loss. Revenue and Expenditure Analysis Despite a significant increase in income, which rose by 33% year-on-year (Y-o-Y) to ₹7,600 crore, the airline’s expenditure surged by 38.3% to ₹7,763 crore. The primary driver of this loss was the airline’s extensive domestic expansion, which intensified competition…

Boeing’s Starliner capsule safely touched down in New Mexico’s White Sands Missile Range on Saturday, concluding its automated return journey from the International Space Station (ISS). However, NASA’s astronauts, Sunita Williams and Butch Wilmore, will stay aboard the ISS until SpaceX retrieves them next year due to issues with the Starliner. Automated Return and Safe Landing The Starliner, which undocked from the ISS over China, used autopilot to parachute into the desert. The capsule’s descent was captured by cameras, appearing as a white streak against the sky. Despite initial plans for astronauts to return in June, technical problems led to…

Channeliam Fact Check has verified that the viral claim about India’s police providing free travel services to women at night is false. No such nationwide scheme has been launched by any police agency in India. No Nationwide Scheme The misleading claim circulating on social media suggests that police across the country are offering free travel for women during nighttime hours. However, this is not true. While there were localised initiatives in 2019, such as Ludhiana’s free drop-home service and a similar scheme in Nagpur, these were specific to those regions and not part of a national policy. Previous Misleading Claims…

Vikas Oberoi, Chairman and Managing Director of Oberoi Realty, stands as one of India’s foremost real estate magnates, with a staggering net worth exceeding Rs 45,000 crore. His success story is intertwined with Bollywood, as he is married to Gayatri Joshi, who gained fame for her role as Geeta in Ashutosh Gowariker’s Swades alongside Shah Rukh Khan. Joshi stepped away from Bollywood after her debut to focus on family life, marrying Oberoi in August 2005. The couple has two children, Vihaan and Yuvaan Oberoi. Founded by Ranveer Oberoi nearly three decades ago, Oberoi Realty has flourished under Vikas Oberoi’s leadership, excelling in…

Benu Gopal Bangur, born into a traditional Marwari family in Kolkata, has become a testament to the power of blending academic prowess with entrepreneurial acumen. His journey from a stockbroker in his family business to the head of one of India’s largest cement companies is a story of dedication, innovation, and resilience. Benu Gopal Bangur was the first in his family to graduate, earning a B.Com (Hons.) degree from Calcutta University. After graduation, he joined his family’s stock broking business, gaining invaluable experience in finance and business management. In the 1960s, under the leadership of Bangur’s grandfather, Mugnee Bangur, the family business diversified into jute, tea, paper,…

In the UAE, a new wave of Emirati entrepreneurs is reshaping the coffee landscape with a blend of creativity and traditional Arabian hospitality. These innovators are challenging established brands and introducing unique offerings to the coffee market. Mohammad Al Farran: Expanding Black Sheep Coffee One notable figure is Mohammad Al Farran, who is leading the expansion of the British coffee chain Black Sheep Coffee in the Emirates. Al Farran was drawn to Black Sheep Coffee’s unconventional use of Robusta beans, which deviates from the more common Arabica. This unique approach, combined with Dubai’s dynamic environment, aligns with Al Farran’s vision…

India’s rich heritage is not only represented through its historical monuments and traditions but also through its artisanal crafts. One such craft that has made a significant impact in the global market is Chikankari, an intricate embroidery from Lucknow. Chikankari is now playing a vital role in supporting the ‘Made in India’ initiative, promoting Indian craftsmanship on a global scale. Growth in Chikankari Exports According to Volza’s India Export data, India exported 1,037 shipments of Chikankari between March 2023 and February 2024. This reflects an impressive 84% growth compared to the previous year. February 2024 alone saw 76 export shipments, marking a year-on-year growth of…

Transport and highways minister Nitin Gadkari recently stated that subsidies for electric vehicles (EVs) may no longer be necessary for consumers. Speaking at a green mobility convention, Gadkari emphasised that incentives are becoming less relevant as electric vehicles grow more affordable due to decreasing battery costs and increasing market adoption. EVs Are Becoming Affordable Without Subsidies Gadkari pointed out the significant tax difference between electric and traditional vehicles, noting that while petrol and diesel vehicles attract a 48% goods and services tax (GST), electric vehicles have only a 5% GST. “After receiving a 5% GST, expecting additional subsidies doesn’t make…

Entod Pharmaceuticals’ innovative eye drops, PresVu, have received approval from the Drugs Controller General of India (DCGI). This marks a significant advancement, as PresVu becomes the first eye drop in India specifically designed for treating presbyopia, a common vision issue among individuals over 40. Understanding Presbyopia Presbyopia is an age-related condition that impairs the ability to focus on close objects. It affects a large portion of the global population, with estimates suggesting that between 1.09 billion and 1.80 billion people suffer from this condition. As people age, their ability to focus on near objects declines, often leading to difficulties in…