Read more about the article Domestic Air Traffic Soars Past 5 Lakh Mark for First Time Ever
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
Read more about the article MediaTek Expanding in India’s Automotive Sector
Business / Science / Technology

MediaTek Expanding in India’s Automotive Sector

Taiwan's MediaTek, already a leader in India's smartphone chipset market, is expanding its focus to the automotive sector. The company has partnerships with OEMs like Tata Motors and Skoda Auto for its Dimensity Automotive platform and is collaborating with JioThings to innovate in the two-wheeler electric vehicle (EV) space. MediaTek sees India as a key market and hub for R&D, aiming to tap into both the smartphone and automotive sectors.

By Vishal Kumar
November 18, 2024
Read more about the article Senator Lummis Proposes Selling Fed Gold to Fund Bitcoin Reserve for U.S.
Politics / Business / Science / Technology

Senator Lummis Proposes Selling Fed Gold to Fund Bitcoin Reserve for U.S.

Republican Senator Cynthia Lummis from Wyoming has introduced a bill that would sell part of the Federal Reserve’s gold to buy 1 million Bitcoin, aiming to reduce the national debt. The purchase would cost about $90 billion. Lummis argues that the plan wouldn’t impact the U.S. balance sheet since gold certificates could be swapped for Bitcoin. Despite support from Trump and some crypto-friendly lawmakers, critics are concerned about Bitcoin's volatility and whether the bill will pass in Congress.

By Avi G
November 16, 2024
Read more about the article Narayana Murthy Slams India’s 5-Day Workweek, Calls it ‘Disappointing’
Politics / Business / Science

Narayana Murthy Slams India’s 5-Day Workweek, Calls it ‘Disappointing’

Infosys co-founder Narayana Murthy expresses disappointment over India's shift to a five-day workweek, which happened in 1986. He believes hard work is key to the country's growth, pointing to Prime Minister Modi’s strong work ethic as an example. Murthy, who worked long hours throughout his career, argues that Indians need to work hard to help the nation move forward, even though some people criticize his views on work-life balance.

By Avi G
November 16, 2024
Read more about the article Rs 8.8 Crore Cash Seized from Lottery King Santiago Martin in Nationwide ED Operation
Politics / Business / Science

Rs 8.8 Crore Cash Seized from Lottery King Santiago Martin in Nationwide ED Operation

The Enforcement Directorate (ED) seized Rs 8.8 crore in cash from Santiago Martin, a Chennai-based businessman known as the 'lottery king.' The operation targeted 20 locations across several states as part of a money laundering probe. Martin has been under investigation for alleged lottery fraud, donations via electoral bonds, and questionable business practices. The ED is looking into his financial dealings and assets linked to fraudulent lottery sales.

By Vishal Kumar
November 15, 2024
Read more about the article Himalayan Glacial Lakes Surge by 11% in Just 13 Years, Posing Deadly Risks
Science

Himalayan Glacial Lakes Surge by 11% in Just 13 Years, Posing Deadly Risks

India is facing a growing risk from expanding glacial lakes in the Himalayas, which have increased by 11% since 2011. Glacial melting due to climate change is raising the danger of Glacial Lake Outburst Floods (GLOFs), threatening lives and infrastructure. An early warning system for high-risk lakes is being set up after recent GLOF disasters, such as the one in Sikkim in 2023.

By Vishal Kumar
November 10, 2024
Read more about the article Government’s October Scrap Disposal Campaign Earns Over ₹650 Crore
Politics / Business / Science

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
November 10, 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

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