Read more about the article Chana Prices Fall Sharply as Australian Crop Arrives in India
Business

Chana Prices Fall Sharply as Australian Crop Arrives in India

Chana prices have fallen after imports from Australia started arriving and sowing season began. Australian chana has flooded the market, causing prices to drop by more than 10% since early September. With a good crop expected and continued imports from Australia and Africa, prices are now around ₹7,200 in major markets like Delhi and Mumbai. Although sowing is delayed, more imports are expected, which will likely keep prices under pressure.

By Avi G
November 9, 2024
Read more about the article Starlink Eyes India After Government Allocates Spectrum for Satellite Internet
Business / Science / Technology

Starlink Eyes India After Government Allocates Spectrum for Satellite Internet

Elon Musk has backed India's decision to allocate spectrum for satellite broadband instead of auctioning it. This move, supported by Communications Minister Jyotiraditya Scindia, aligns with global standards and could make it easier for Starlink to enter India. The shift in policy challenges Indian telecom giants like Jio and Airtel, who prefer auctions and see satellite broadband as key to expanding digital access.

By Avi G
November 9, 2024
Read more about the article TCS Cuts Quarterly Bonuses for Senior Staff Amid Uncertainty in IT Demand
Politics / Business / Technology

TCS Cuts Quarterly Bonuses for Senior Staff Amid Uncertainty in IT Demand

Tata Consultancy Services (TCS) has cut variable pay for many employees for the July-September quarter, with some getting as little as 20-40% or no payout at all. The company says this is due to weak demand and business performance. The adjusted pay is based on attendance and business unit results, reflecting the ongoing uncertainty in the tech industry. TCS expects a recovery in the fourth quarter, despite the tough second quarter.

By Avi G
November 9, 2024
Read more about the article New Threat to Salman Khan: Lyricist Targeted Over ‘Sikander’ Song Reference to Lawrence Bishnoi
Politics / Entertainment

New Threat to Salman Khan: Lyricist Targeted Over ‘Sikander’ Song Reference to Lawrence Bishnoi

Bollywood actor Salman Khan has received a new threat from someone claiming to be part of the Lawrence Bishnoi gang. The message demanded a Rs 5 crore ransom and included a death threat aimed at the lyricist of his upcoming film song, 'Main Sikandar Hoon'. The Mumbai Police have launched an investigation and traced the threat to Karnataka, where it was linked to previous threats from the Bishnoi gang.

By Avi G
November 8, 2024
Read more about the article India Set to Introduce Australian Curriculum in 10 Schools
News

India Set to Introduce Australian Curriculum in 10 Schools

The Australian curriculum will soon be launched in India, with a pilot program starting in 10 schools by the next academic year. The goal is to test how well the curriculum works in India, starting with a school in Punjab. It covers subjects like English, math, science, and the arts, with assessments split between school-based evaluations and external exams.

By Avi G
November 8, 2024
Read more about the article SBI Reports Record Q2 Profit of Rs 18,331 Cr, Up 28% Year-on-Year
Business

SBI Reports Record Q2 Profit of Rs 18,331 Cr, Up 28% Year-on-Year

State Bank of India (SBI) reported a 28% increase in net profit to Rs 18,331 crore for Q2 FY25, compared to Rs 14,330 crore in the same period last year. Interest income grew by 12.32%, and net interest income rose by 5.37%. The bank's asset quality improved, with a reduction in both gross and net non-performing assets. SBI also saw strong growth in total deposits and advances.

By Avi G
November 8, 2024
Read more about the article Finfluencer Sharan Hegde Cuts 15% of Workforce, Cites AI Efficiency Boost
Business / Science / Technology

Finfluencer Sharan Hegde Cuts 15% of Workforce, Cites AI Efficiency Boost

Sharan Hegde, co-founder of The 1% Club, announced a 15% workforce reduction, citing mistakes made during rapid expansion and the role of AI in improving efficiency. The layoffs mainly affected content, research, and marketing jobs. Even with these cuts, the company is still profitable, making $8 million in annual revenue. AI tools like Perplexity AI have helped improve workflows and cut down on unnecessary tasks. Hegde assured the employees impacted by the layoffs that they received severance and support in finding new jobs.

By Avi G
November 8, 2024
Read more about the article Security Staff Served Samosas Meant for Himachal CM: CID Probes
Politics / Business

Security Staff Served Samosas Meant for Himachal CM: CID Probes

A CID investigation has been launched into an incident where samosas and cakes meant for Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu were mistakenly served to his security staff during his visit to the CID headquarters on October 21. The incident has sparked a political debate, with the BJP criticizing the government for focusing on the samosa issue instead of state development.

By Avi G
November 8, 2024

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