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TRAI Reports 20% Drop in Spam Call Complaints Since August

The Telecom Regulatory Authority of India (TRAI) reported a drop in complaints about spam calls since August 2024, thanks to stricter rules. Complaints decreased by 20% from August to October. TRAI's actions included disconnecting and blacklisting offenders. They also upgraded technology to make messages traceable, with the deadline for completion set for November 30. TRAI has been holding webinars to spread awareness, involving industry stakeholders.

By Vishal Kumar

November 20, 2024

Politics / Business / Science / Technology

Karnataka’s Space Tech Policy Aims for 5% Global Market Share by 2029

Karnataka has released the Draft Space Tech Policy 2024-2029. The policy aims for the state to capture 5% of the global space market and 50% of India’s space sector. It focuses on creating high-skill jobs, developing space-based applications, and building a space manufacturing cluster. Karnataka plans to attract $3 billion in investments, support 500 start-ups, and train 5,000 professionals, including 1,500 women, for careers in the global space industry.

By Avi G

November 20, 2024

Politics / Business / Technology

Reddit User Exposes Startup Scam: Forced to Cold Call 500 Numbers on Day One

A Reddit user shared their story of quitting a job on the first day after realizing it was a scam. They were asked to cold call 500 numbers and deal with unreasonable work hours. The company planned to take advantage of employees by not paying them if they didn’t meet targets. The user later turned to freelancing, grew their skills, and started earning more despite some early setbacks.

By Vishal Kumar

November 20, 2024

Politics

29% of Maharashtra Election Candidates Have Criminal Records, New Report Reveals

The ADR and Maharashtra Election Watch looked at 2201 candidates in the Maharashtra 2024 elections and found that 29% of them have criminal cases, with 19% facing serious charges. Even though the Supreme Court told political parties in 2020 to explain why they are choosing such candidates, these guidelines have been ignored, and parties continue to select people with criminal records.

By Avi G

November 19, 2024

Business / Entertainment / Technology

Mysterious One-Dish Restaurants on Zomato Spark Conspiracy Theories in Chandigarh

Users on social media have raised concerns about "one-dish" restaurants popping up on Zomato in Chandigarh. These outlets, offering only a single dish at high prices, have confused users due to their strange names and lack of reviews. Some speculate the establishments could be fronts for money laundering or drug-related activities. Others have called for an investigation into these suspicious listings.

By Avi G

November 19, 2024

Politics / Business / Technology

Meta Faces ₹213 Crore Penalty Over WhatsApp Privacy Policy Controversy

The Competition Commission of India (CCI) has fined Meta ₹213 crore over WhatsApp's 2021 privacy policy update. The company must stop unfair business practices and make changes, including giving users the option to control their data sharing and stopping the use of user data for advertising. The penalty comes from Meta's misuse of its dominant position in the messaging and advertising markets.

By Avi G

November 19, 2024

Business

NALCO Stock Soars 9% After 5x Profit Growth

NALCO shares jumped over 9% on November 18 after the company reported a five-fold increase in its quarterly profit. The company earned a net profit of ₹1,062 crore for Q2 FY 2024-25, up from ₹206 crore in the same period last year. Its total income grew by 32% to ₹4,001 crore, and the company also declared an interim dividend of ₹4 per share.

By Avi G

November 19, 2024

Business / Technology

Nippon India Launched New Auto, Realty Passive Funds

Nippon India Mutual Fund has launched two new passive funds that will track the Nifty Auto and Nifty Realty indices. These funds will focus on the auto and real estate sectors, offering advantages like low cost, diversification, and transparency. Both sectors are major drivers of growth, supported by government initiatives and strong past performance. The funds’ New Fund Offerings (NFOs) will close on November 28.

By Vishal Kumar

November 19, 2024

Politics / Business / Technology

Rs 10 Lakh Fine for Hiding Foreign Assets: Income Tax Alert

The Income Tax Department has warned taxpayers that not reporting foreign assets or income in their income tax return (ITR) could lead to a fine of up to Rs 10 lakh. The warning comes as the deadline for filing belated and revised ITRs approaches, with the final date being December 31. Taxpayers are encouraged to report all relevant foreign assets and income to avoid penalties under the Black Money Act.

By Avi G

November 19, 2024

Business / Science / Technology

Domestic Air Traffic Soars Past 5 Lakh Mark for First Time Ever

Domestic air travel crossed 500,000 passengers for the first time on Sunday, driven by affordable fares, a long weekend, and the wedding season. A total of 5,05,412 passengers flew on 3,173 flights that day. Passenger numbers have stayed high, consistently reaching over 4.9 lakh daily. Airlines have benefitted from cheaper fares and more flights, which helped boost demand after the Diwali season.

By Avi G

November 19, 2024

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