Author: News Desk

Instant grocery delivery startup Zepto has achieved a remarkable feat by securing a staggering $200 million in its latest funding round, elevating its valuation to an impressive $1.4 billion. This substantial funding places Zepto in the esteemed category of unicorns—a term used to describe startups valued at $1 billion or more. What sets Zepto apart is its ability to thrive in a sector that has posed challenges for many of its peers. StepStone Group Leads Series E Funding StepStone Group, a prominent Limited Partner (LP) with a significant presence in various venture funds including Nexus Venture Partners, took the lead…

Indian Oil Corporation (IOC), the nation’s premier fuel retailer, is set to embark on a monumental journey of investment, aiming to allocate over Rs 4 lakh crore throughout the coming decade. This strategic initiative encompasses substantial expansion within the realms of oil refining and petrochemicals, along with ambitious energy transition projects. Chairman Shrikant Madhav Vaidya unveiled this transformative plan, solidifying IOC’s determination to evolve into a ‘360-degree energy company’, in alignment with the company’s long-term strategy. Fuel Refining and Carbon Neutrality: Multi-Billion Rupee Commitments A considerable portion of the investment, approximately Rs 1 lakh crore, will be directed towards amplifying…

Prime Minister Narendra Modi made a significant visit to the Indian Space Research Organisation (ISRO) headquarters in Bengaluru on Saturday, where he met the brilliant minds behind the triumphant Chandrayaan-3 mission. The Prime Minister’s arrival was greeted with warmth and enthusiasm by the ISRO community. A Briefing on Chandrayaan-3’s Journey During his visit, PM Modi was given a comprehensive briefing by ISRO Chairman S Somanath on the remarkable journey of the Chandrayaan-3 Mission. The presentation shed light on the dedicated efforts invested by the scientific community to bring this ambitious project to fruition. Warm Greetings and Slogan for Science Before…

Japan’s H2-A Rocket Aims for Lunar Expedition Following Recent Space Achievements Japan’s renowned space agency, the Japan Aerospace Exploration Agency (JAXA), is embarking on an ambitious lunar journey with its H2-A rocket. This comes in the wake of both the notable success of India’s Chandrayaan-3 mission and Russia’s Luna-25 mission setback. Scheduled for launch on a Sunday morning, the H2-A rocket is primed to continue Japan’s legacy of space exploration following a string of recent achievements and challenges. Chandrayaan-3 Triumphs as Luna-25 Faces Setback India’s space agency, the Indian Space Research Organisation (ISRO), secured a significant milestone with the Chandrayaan-3…

The Indian government has announced the launch of the ‘Mera Bill Mera Adhikaar’ initiative, which aims to encourage customers to ask for bills for all their purchases. The initiative is designed to promote transparency, accountability, and compliance in financial transactions. Here are the key details of the initiative: Objective The primary goal of the ‘Mera Bill Mera Adhikaar’ initiative is to cultivate a culture where customers demand and receive bills for their purchases. This helps in preventing tax evasion and promoting legitimate transactions. Prizes  As part of the initiative, customers who ask for bills and upload them to the system…

Reliance Industries, a major conglomerate in India, has formed a partnership with The Oberoi Hotels and Resorts to jointly manage three hospitality properties across India and the UK. The collaboration includes the following properties: Anant Vilas Hotel  This upcoming property is situated in Mumbai’s Bandra Kurla Complex (BKC). It is part of the luxury ‘Vilas’ portfolio managed by Oberoi. Anant Vilas aims to offer an iconic luxury experience for discerning visitors in the bustling business district of BKC. This property seeks to enhance the hotel offerings in the area, which is becoming a mixed-use destination with various amenities and attractions.…

In a gripping showdown at the World Cup chess final in Baku, Norwegian grandmaster Magnus Carlsen secured victory against the young Indian prodigy R Praggnanandhaa. The tiebreaker encounter proved Carlsen’s prowess as he skillfully outplayed his opponent to claim the coveted title that had eluded him. The contest marked a turning point in Carlsen’s career, demonstrating his continued dominance in the chess world. Swift Triumph in Tiebreakers Carlsen’s triumph was swift and decisive. The Norwegian maestro demonstrated his strategic brilliance by closing out the competition in the initial set of rapid games. In the first game of the tiebreaker, Carlsen…

A sweeping wave of transformation has surged through the education sector with the Centre’s recent announcement on August 23rd. In line with the National Education Policy (NEP), a series of profound changes has been ushered in, aiming to revolutionize the learning journey for students. Among these transformative shifts, a standout transformation is the decision to conduct board exams twice a year for CBSE Class 11 and 12 students. Coupled with a slew of other modifications, these reforms are poised to reshape the educational narrative for young learners. A Break from Tradition: Dual Board Exams Under the newly introduced framework, the…

The Indian Space Research Organisation (ISRO) is gearing up for several significant space missions following the successful landing of Chandrayaan-3. Here are the key missions and projects that ISRO has in the pipeline: Aditya L-1 (Sun Mission) ISRO’s next major project is the Aditya-L1 mission, which aims to study the sun. This will be India’s first dedicated scientific mission to study the solar atmosphere, particularly the chromosphere and corona. The mission involves placing a satellite in a halo orbit around the first Lagrangian Point (L1) of the sun-earth system, around 1.5 million km from Earth. The launch is planned for…

The Indian Space Research Organisation (ISRO) has achieved another significant milestone with its Chandrayaan 3 mission. Here are the key developments and details of the mission. Successful Soft Landing  Chandrayaan 3 successfully performed a soft landing on the south pole of the moon at 6:04 pm. The lander chose a flat region on the lunar surface for the landing. Landing Site Photo After landing, Chandrayaan 3 sent a photo of the landing site captured by the landing imager camera back to Earth. This image provided crucial information about the mission’s success. Communication Link  A communication link was established between the…