Author: News Desk

Indian Railways has teamed up with Germany’s TUV-SUD to conduct a safety audit for the country’s first hydrogen train. This initiative marks a significant step forward, with trial operations expected to commence in December 2024. According to a report from The Economic Times, this innovation will position India as the fifth nation worldwide, joining Germany, France, Sweden, and China in deploying hydrogen-powered trains. Development of Maintenance Vehicles In addition to the hydrogen train, five maintenance vehicles powered by hydrogen fuel cells are under development, each projected to cost around ₹10 crore. An official stated that Indian Railways (IR) aims to…

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When it comes to wealth in Hollywood, many people immediately think of big names like Shah Rukh Khan, Tom Cruise, Dwayne Johnson, and Johnny Depp. While these stars are undeniably among the richest actors, they don’t hold the title for the wealthiest actor in the world. That distinction goes to Tyler Perry, who has achieved incredible financial success primarily through a single film series. His journey to becoming a billionaire is both remarkable and unexpected. Tyler Perry: The World’s Richest Actor Tyler Perry, best known for creating and portraying the character Mabel ‘Madea’ Simmons in the comedy franchise Madea, is the…

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South Seas Distilleries has launched two premium Mahura spirit expressions: Six Brothers 1922 Resurrection and Six Brothers Small Batch (Original). With a distillation legacy dating back to 1922, these spirits redefine the Indian spirits landscape, crafted using the country’s largest copper pot stills. Revolutionary Offerings in the Spirits Industry These new releases are groundbreaking for India’s spirits industry, showcasing the world’s first matured Mahura spirit. Double-distilled and produced with great care, they represent some of the oldest and finest luxury single malts available in India. Limited Edition Six Brothers 1922 Resurrection The Six Brothers 1922 Resurrection is a rare, limited-edition…

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The Ministry of Corporate Affairs (MCA) is set to unveil the eligibility criteria for the PM Internship Scheme next week. This program targets students from economically weaker sections (EWS) with an annual income of less than ₹8 lakh. Only those enrolled in online courses and vocational training programs will qualify for the internships. Dedicated Implementation Team A specialised team has been established by the MCA to ensure the successful implementation of the internship scheme. Notably, students who are already employed will not be eligible to participate. Each intern selected under this scheme will receive ₹5,000 monthly, funded by the government…

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Prime Minister Narendra Modi has introduced the Dharti Aaba Janjatiya Gram Utkarsh Abhiyan (DAJGUA), focusing on the development of tribal communities across India. The scheme targets over 63,000 tribal-majority villages within Aspirational Districts and has a budget of ₹79,156 crores. This initiative aims to enhance social infrastructure, health, education, and livelihoods through a series of coordinated interventions from 17 government ministries over the next five years. Key Interventions and Budget Allocation The Abhiyan emphasises 25 key interventions to ensure comprehensive and sustainable development for more than 5 crore tribal residents across 549 districts and 2,911 blocks in 30 states and…

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Maldives President Mohamed Muizzu is set to visit India from October 6 to 10. This will be his first bilateral visit to the country as president. His presidency, known for its pro-China stance, has led to strained relations with India. Shortly after taking office, Muizzu demanded the withdrawal of Indian military personnel stationed at three aviation platforms in the Maldives. These personnel were later replaced by civilians. Relations between India and the Maldives hit a rough patch when Muizzu, within hours of assuming office, requested Indian troops’ withdrawal. Despite the tension, Maldives’ Foreign Minister Moosa Zameer later acknowledged that misunderstandings…

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To determine the wealthiest countries in the world, we rely on GDP per capita. According to the International Monetary Fund (IMF), this measure reveals the average economic output per person. This article presents the top ten richest countries based on per capita GDP, providing a clear picture of global wealth distribution. How We Rank the Richest Countries GDP, or Gross Domestic Product, measures the total value of all goods and services produced in a country. By dividing this figure by the population, we obtain GDP per capita, which indicates the average income of a country’s residents. To refine this estimate,…

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Swiggy is gearing up for a ₹10,000 crore IPO, poised to become India’s largest initial public offering by a new-age company after Paytm. This move not only signifies a significant milestone for the Bengaluru-based startup but also marks its aggressive intent to dominate the rapidly expanding quick commerce market. Funding Focus: More Than Just Food Delivery While Swiggy aims to enhance its food delivery service, a substantial portion of the raised funds will fuel the growth of its quick commerce arm, Instamart. With Zomato already well-established in the space following its acquisition of Blinkit, competition is heating up as Swiggy…

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An effort by the Union government earlier this year aimed to clarify the legal standing of bike taxis. An advisory notification stated that motorcycles fall under the definition of “contract carriage” according to Section 2(7) of the Motor Vehicles (MV) Act. It emphasised that vehicles with fewer than four wheels and an engine capacity over 25cc also qualify as motor vehicles, thereby categorising motorcycles within the act. However, this did not resolve the confusion, prompting the government to pursue further amendments. Proposed Amendments to the Motor Vehicles Act The Ministry of Road Transport and Highways (MoRTH) has proposed amendments to…

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Founded in the 1930s by Ganga Bishan Agarwal in North India, Haldiram’s is renowned for its wide range of food products, including sweet and savoury snacks, frozen meals, and breads. According to sources, Temasek Holdings Pte. is in discussions to acquire a minority stake in Haldiram Snacks Pvt Ltd., potentially valuing the company at approximately $11 billion. The Singaporean state investor is reportedly considering purchasing between 10% and 15% of Haldiram, aiming to position itself for a future initial public offering (IPO). Although talks are underway, they may not necessarily result in a finalised deal, as other bidders have also…

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