Confident of making Indian Space Station a launching point for lunar exploration: ISRO chief
Dr. S. Somanath, Chairman of ISRO, expressed confidence in transforming the Bhartiya Antriksh Space Station into a launching point for lunar exploration, leveraging the agency’s advancements in lander technology. He shared these insights during the Sardar Patel Memorial Lecture 2024, hosted by Akashvani
IT Ministry Urges Social Media Platforms to Address Hoax Bomb Threats to Airlines
In response to a surge in hoax bomb threats targeting airlines, the Indian government has instructed social media intermediaries, including platforms like X (formerly Twitter) and Meta, to take immediate action against the dissemination of misinformation that disrupts public order and compromises state
Mankind Pharma Completes Acquisition of Bharat Serums and Vaccines for ₹13,768 Crore
Mankind Pharma announced on Wednesday that it has finalized the acquisition of Bharat Serums and Vaccines Limited (BSV) for ₹13,768 crore. This acquisition positions Mankind Pharma as a leader in the Indian women’s health and fertility drug market, while also granting access to
India Allocated 4.6% of GDP to Education from 2015 to 2024: UNESCO
According to a recent UNESCO report, India allocated approximately 4.1% to 4.6% of its GDP to education between 2015 and 2024. This investment aligns with the international benchmarks set by the UN’s ‘Education 2030 Framework for Action,’ which recommends that countries dedicate 4-6%
Indian D2C Jewellery Segment Secures $103 Million in Funding, Outpacing US
The Indian direct-to-consumer (D2C) jewellery sector, which boasts over 550 startups, has raised $103 million in funding so far this year, as reported on Thursday. In 2023, the total funding for the D2C jewellery segment in India reached $104 million, marking a 57%
280 Companies Register 1.27 Lakh Internship Offers Under PM Internship Scheme
Approximately 280 companies have participated in the PM Internship Scheme (PMIS), collectively offering 1.27 lakh internship opportunities, according to reports. The onboarding window for corporates, which opened on October 3, has now closed. However, the registration period for youth began on October 12
Adani Energy Solutions Reports 172% Surge in Q2 FY25 Net Profit
Adani Energy Solutions Limited (AESL) announced a remarkable 172% increase in net profit, reaching ₹773 crore for the July-September quarter (Q2) of FY25. After adjusting for deferred tax reversals, the profit after tax (PAT) stood at ₹459 crore, reflecting a 61.6% year-on-year increase.
Extension of ‘Udan’ Scheme to Enhance Air Connectivity in Unserved Regions of India
The Indian government has announced a 10-year extension of the regional air connectivity scheme known as ‘Udan,’ aimed at improving unserved air routes in underserved areas of the country and meeting the aspirations of everyday citizens. Having recently completed eight years, the ‘Udan’
India’s Growth Story Remains Strong, Real GDP Projected to Grow 7.2% in FY25: RBI Governor
The Reserve Bank of India (RBI) Governor, Shaktikanta Das, affirmed that India’s growth trajectory remains robust, with real GDP expected to grow at 7.2% in the fiscal year 2024-25. He highlighted that key drivers of this growth—consumption and investment demand—are gaining traction. Das
Adani Group’s Cements Acquires 47% Stake in Orient Cement for ₹8,100 Crore
Ambuja Cements, part of the diversified Adani Group, has announced its acquisition of a 46.8% stake in Orient Cement Ltd (OCL) for an equity value of ₹8,100 crore. The purchase will be funded entirely through internal resources, as stated by the company. This
Hyundai Motor India Set for Stock Market Debut After Record IPO
Hyundai Motor India’s shares are poised to begin trading this week following a record-setting initial public offering (IPO), industry officials announced on Monday. The company’s stock is scheduled to start trading on the Indian stock market on Tuesday, following a $3.3 billion IPO
South Korea and WHO to Host World Bio Summit Next Month
South Korea’s health ministry announced plans to co-host the World Bio Summit 2024 with the World Health Organization (WHO) next month, focusing on strategies to ensure a stable global healthcare supply chain. Set to take place on November 11-12 in Incheon, west of
Musk’s SpaceX Secures $733 Million Launch Contract from US Space Force
SpaceX, led by Elon Musk, has been awarded a $733 million contract for eight launches by the US Space Force. The Space Force’s Space Systems Command issued Launch Service Task Orders (LSTOs) totaling $733,566,001 to SpaceX under the “National Security Space Launch Phase
Long-Term Outlook for Indian Stock Market Remains Strong Despite Geopolitical Risks
Despite continued selling pressure from foreign institutional investors (FIIs) amid geopolitical tensions, experts maintain that the long-term outlook for the Indian stock market remains strong, driven by stable growth and an uptick in capital expenditure. This week, the market faced headwinds from heavy
Adani Foundation Donates Rs 100 Crore for Telangana’s Young India Skills University
The Adani Foundation has announced a generous donation of Rs 100 crore for the establishment of the Young India Skills University in Telangana, aimed at creating a lasting impact for future generations. During a meeting with Telangana Chief Minister A. Revanth Reddy, Gautam
7 in 10 Adults Over 50 Distrust AI-Generated Health Information: US Poll
A recent US poll reveals that 74% of individuals over the age of 50 have little to no trust in health information generated by artificial intelligence (AI). The survey, conducted by the University of Michigan and AARP as part of their “National Poll
Zimbabwe Reports Two Confirmed Cases of Mpox
Zimbabwe has confirmed two cases of mpox in individuals who recently traveled to South Africa and Tanzania. Health and Child Care Minister Douglas Mombeshora announced on Sunday that both cases are stable, no longer infectious, and are being managed at home. “Both cases
India Surpasses 200 GW in Renewable Energy Production
India has officially crossed the 200 gigawatt (GW) milestone in renewable energy (RE) production as of September, primarily driven by solar and wind energy. According to the latest data from the Central Electricity Authority (CEA), the country’s renewable energy generation capacity—including small and
Hemant Jain Appointed as New President of PHDCCI
Hemant Jain has been officially appointed as the new President of the PHD Chamber of Commerce and Industry (PHDCCI), as announced on Saturday. He succeeds Sanjeev Agrawal, who will now serve as the immediate past president of the prominent industry chamber. Rajeev Juneja
First Signs of Alzheimer’s in Women Linked to Quality of Good Cholesterol: Study
A new study has found that higher levels of good cholesterol (HDL-C) may be associated with an increased risk of Alzheimer’s disease, but this risk is influenced more by the quality of HDL particles than their quantity in women’s blood. Published in the