Omar Abdullah Talks Economic Revival for J&K with Nirmala Sitharaman

Jammu and Kashmir Chief Minister Omar Abdullah met Union Finance Minister Nirmala Sitharaman in Delhi to talk about the region's financial progress and ways to increase local revenue. They discussed attracting investment in tourism, agriculture, and other key sectors to reduce the area's reliance on central funds. This meeting is important as it comes before the National Conference's first budget presentation since the region was under central rule. Abdullah also met other national leaders to secure promises for development projects.

By Avi G

Zinka Logistics IPO Opens Today at ₹259-273

Zinka Logistics Solutions’ ₹1,114.72 crore IPO opens today with a price range of ₹259-273 per share. The IPO includes a fresh issue of ₹550 crore and an offer for sale of ₹564.72 crore. Anchor investors have already committed ₹501 crore. The funds will be used for marketing, product development, and other corporate purposes. Zinka connects 63,345 truck operators across India.

By Avi G

Dubai Siblings Surprise Everyone, Offer JioHotstar Domain to Reliance for Free

Jainam and Jivika, siblings from Dubai, have decided to give the JioHotstar.com domain to Reliance for free. The domain was initially purchased to help a Delhi-based developer with his MBA plans, but it has gained attention due to rumors of a possible Jio-Hotstar merger. The siblings clarified that they never planned to sell the domain, but now they are offering it to Reliance without any outside pressure.

By Avi G

Market Bloodbath: Sensex, Nifty Lose 1% as Global Weakness Strikes

Equity indices Sensex and Nifty fell over 1% on Tuesday, driven by weak global trends, foreign fund outflows, and a sell-off in auto and banking stocks. The BSE Sensex lost 821 points, closing at 78,675, while the Nifty shed 258 points to settle at 23,883. Almost all sector indices ended in the red, with foreign institutional investors offloading equities worth over 2,306 crore rupees.

By Avi G
Read more about the article Zomato’s New ‘Food Rescue’ Feature Lets You Grab Cancelled Orders at Unbeatable Prices
**EDS: FILE PHOTO TO GO WITH STORY** New Delhi: In this Tuesday, March 31, 2020 file photo, deliverymen of food aggregators Swiggy and Zomato ride their bikes towards their destinations, in New Delhi. (PTI Photo) (PTI06_12_2024_000226B)

Zomato’s New ‘Food Rescue’ Feature Lets You Grab Cancelled Orders at Unbeatable Prices

Zomato has introduced a ‘food rescue’ feature to reduce food waste. Customers can now buy cancelled orders at discounted prices if they are within 3 km of the delivery partner. CEO Deepinder Goyal highlighted how this will help address the 4 lakh cancelled orders Zomato receives each month, benefiting both customers and restaurant partners.

By Avi G

Government’s October Scrap Disposal Campaign Earns Over ₹650 Crore

The Centre earned over ₹650 crore from scrap disposal during the October 2024 cleanliness campaign. This campaign is part of a larger effort from 2021 to 2024, which has brought in a total of ₹2,364 crore. Special campaign 4.0 focused on improving cleanliness and reducing backlogs in government offices. It has become the largest swachhata (cleanliness) initiative in India, covering more than 5.97 lakh sites. Notable achievements include new methods for cleaning and a big reduction in office backlogs.

By Avi G

Seaplane Service Trial in Andhra Pradesh for Tourism

The Andhra Pradesh government has started a trial seaplane service between Srisailam and Vijayawada, aiming to boost tourism and improve accessibility. The 45-minute flight connects key attractions like the Srisailam temple and Tiger Reserve. If successful, the service could be extended to other remote areas, with plans for more water aerodromes.

By Avi G

Foreign Investors Sold ₹19,994 Crore of Equities in November

Foreign Portfolio Investors (FPIs) sold equities worth ₹19,994 crore in the first five trading days of November, raising concerns about market stability. This follows a record ₹1,13,858 crore of selling in October. Even with these outflows, FPIs are still active in India's primary market, investing ₹19,842 crore in IPOs. Experts expect more volatility, though some sectors like financials remain strong.

By Avi G

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

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

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