India’s economic outlook for the fiscal year 2024-25 is optimistic, with Union Finance Minister Nirmala Sitharaman projecting a real GDP growth rate of 7.2 percent. This announcement was made at the 50th International Monetary and Financial Committee (IMFC) meeting on October 26. The Press Trust of India reported on the finance minister’s detailed presentation of the nation’s economic drivers and future goals. Key Drivers of Growth: Investment and Consumption Sitharaman emphasized that the projected growth is primarily driven by robust investment and consumption. The government’s strategic focus on these areas…
Day: October 28, 2024
Weekend Elections Across Six Nations: A Global Overview
Elections were held over the weekend of October 25-27 in six countries spanning various continents. While some results were anticipated, others brought unexpected challenges to the ruling parties, and at least one election significantly impacted the nation’s geopolitical future. Here is a detailed account of the elections in Bulgaria, Japan, Georgia, Lithuania, Uruguay, and Uzbekistan. Japan: A Historic Defeat for the Liberal Democratic Party In Japan, Prime Minister Shigeru Ishiba, who took over after Fumio Kishida’s resignation, called for snap elections to strengthen his mandate. However, the voters delivered a…
Bomb Threat Hoaxes Shake Tirupati: ISKCON Temple Targeted
A Wave of Hoax Bomb Threats Tirupati, a renowned pilgrimage destination in Andhra Pradesh, has recently been plagued by a series of hoax bomb threats. Over the past few days, multiple hotels in the city received bomb threat emails, all of which turned out to be false alarms. This series of threats has now escalated, targeting one of the city’s most significant religious sites, the ISKCON Temple. Bomb Threat at ISKCON Temple On Sunday evening, the ISKCON Temple in Tirupati received a bomb threat via email, reportedly from an individual…
Murder for Millions: Telangana Woman Kills Husband Over ₹8 Crore, Disposes Body 800 km Away
A Mysterious Discovery Three weeks ago, a charred and unidentified body was discovered in a coffee plantation near Suntikoppa in Karnataka’s Kodagu district. This gruesome find marked the beginning of an intricate murder investigation that spanned state borders and revealed a sinister plot driven by greed and betrayal. Unraveling the Mystery On October 8, Kodagu police found the burnt remains of a man in the plantation. Initial attempts to identify the body were unsuccessful, prompting investigators to review local CCTV footage. A red Mercedes Benz passing through the area raised…
India Launches $119 Million VC Fund to Propel Space Start-Ups and Drive Space Ambitions
Government Approves Major Investment in Space Sector The Government of India has launched a significant initiative to bolster the country’s space industry by approving a $119 million (Rs 1,000 crore) venture capital (VC) fund aimed at supporting space start-ups. The Union Cabinet, which initially proposed the fund in July, gave its final approval on October 24. Managed by IN-SPACe This VC fund will be managed by the Indian National Space Promotion and Authorization Centre (IN-SPACe), the country’s space regulator and promoter. Despite being one of the top five spacefaring nations,…
Turbostart Launches TS Bridge: A New Chapter Begins
New Delhi – Turbostart, a global sector-agnostic venture capital platform, marked its 5th anniversary with the launch of TS Bridge, an innovative investment platform designed to democratize access to high-potential startups. The celebratory event, held at The Leela Palace Hotel in Bengaluru, brought together industry leaders, investors, and startup founders to commemorate this significant milestone. TS Bridge sets higher standards in the startup investment landscape, offering investors the unique opportunity to invest in high-potential startups along with Turbostart itself. Through two distinct investment categories – Scout, focusing on campus-led innovation, and Rise, catering…
Modi and Sanchez Open Tata-Airbus Facility in Vadodara: Modi Promises Global Aircraft Exports from India
A New Era of India-Spain Collaboration Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez inaugurated the Tata-Airbus aircraft facility in Vadodara, Gujarat, marking a significant milestone in India-Spain relations. Prior to the inauguration, the leaders participated in a grand road show through Vadodara, showcasing the strong bilateral ties. Global Manufacturing Hub In his address, Prime Minister Modi emphasized that the Tata-Airbus collaboration symbolizes India’s commitment to manufacturing for the global market. He noted, “This collaboration will lead to India manufacturing aircraft for the entire world, not just for…
Ex-India Selector Weighs in on Ruturaj Gaikwad’s Situation Amid Uproar During IND vs AUS Series
Krishnamachari Srikkanth, former Indian cricketer and the 1983 World Cup winner, took aim at the Ajit Agarkar-headed Indian selection committee for the surprising exclusion of Ruturaj Gaikwad from India’s Test and T20I squads for the upcoming tours of Australia and South Africa. Gaikwad, who has dazzled audiences with a series of remarkable performances in domestic cricket, was shockingly sidelined for the marquee five-match Test series against Australia and the highly anticipated four-match T20I series against South Africa. Krishnamachari Srikkanth slams selectors for snubbing Ruturaj Gaikwad from India’s Test…
Virat Kohli to Play Domestic Cricket Before India vs Australia Series on Coach’s Advice
Former India and RCB cricketer Dinesh Karthik has advised Virat Kohli to go back to domestic cricket to find solutions of his dry run of form. Kohli has been struggling recently against the turning ball and has been found wanting on several occasions. The star India batter has accumulated just 88 runs in the two Tests against New Zealand so far in which he scored 70 in one innings. In the Test series against Bangladesh, Kohli scored 99 runs in 2 Tests at an average of 33. India…
YS Sharmila Takes a Jibe at Jagan Mohan Reddy Over ‘Kahani Ghar Ghar Ki’ Remark
Both the siblings signed an MoU in 2019 under which Jagan out of love and affection would transfer his and his wife’s shares of Saraswati Power and Industries through gift deed to his sister, subject to the outcome of pending cases. Flaying YSR Congress chief YS Jagan Mohan Reddy over his remarks that the rift with his sister YS Sharmila is “ghar ghar ki kahani” (every household’s story), the Andhra Pradesh Congress chief today (October 26) sought to know whether dragging a mother to court justifies the phrase. Addressing…