India on the Brink of Overtaking Japan to Become No. 4 Economy: IMF Highlights Key Growth Drivers

India’s economic trajectory continues to capture global attention as it maintains its status as the world’s fastest-growing major economy. With a 5.4% growth in the July-September quarter of 2024, the country has seen a slight deceleration from the previous quarter’s 6.7%. However, sustained growth and strategic initiatives are paving the way for India to overtake Japan as the fourth-largest economy by 2025. According to the International Monetary Fund (IMF), India’s economy is projected to reach $4.34 trillion by 2025, marginally surpassing Japan’s $4.31 trillion. This achievement will stem from a…

ED Raids Uncover ₹1,400-Crore Bank Fraud Linked to Kwality Ltd. Executives

High-Stakes Investigations Across Delhi-NCR In a significant move against financial crimes, the Enforcement Directorate (ED) conducted extensive raids on November 27 at 12 locations in Delhi-NCR. The raids targeted former promoters and directors of Kwality Ltd., a dairy product manufacturer, in connection with an alleged ₹1,400-crore bank fraud and money laundering case. The operation, conducted under the Prevention of Money Laundering Act (PMLA), reflects the ED’s intensified efforts to crack down on economic offenses. Details of the Kwality Ltd. Case The investigation originates from a 2020 Central Bureau of Investigation…

The Future of Connectivity: Starlink’s Satellite-to-Smartphone Revolution

The world of telecommunications is on the brink of a paradigm shift. Reliance Jio and Bharti Airtel, India’s leading telecom giants spearheaded by Mukesh Ambani and Sunil Mittal, respectively, face an unprecedented challenge from Elon Musk’s SpaceX. The disruptive “Direct-to-Cell” service by Starlink, SpaceX’s satellite internet arm, threatens to redefine connectivity, eliminating the need for traditional mobile towers and bringing seamless communication to even the remotest parts of the world. The Game-Changing Technology Starlink’s direct-to-cell service enables smartphones to connect directly to satellites without relying on traditional cell towers. Unlike…

Strengthening Global Cooperation: ISRO and ASA Join Hands for Gaganyaan Crew Recovery

The Indian Space Research Organisation (ISRO) has achieved another milestone by forging a strategic partnership with the Australian Space Agency (ASA) for its ambitious Gaganyaan mission. The two organizations signed an Implementation Agreement (IA) focusing on ensuring the safe recovery of the Gaganyaan crew and spacecraft upon their return to Earth. This collaboration not only underscores the importance of international cooperation in human space exploration but also strengthens the growing Indo-Australian relationship in advanced technological domains. Supporting Safe Crew Recovery The primary focus of the agreement lies in establishing robust…

DOJ’s Strict Directive to Alphabet: Sell Google Chrome Browser to Address Monopoly Issues

The proposed breakup floated in a 23-page document filed late Wednesday by the US Department of Justice calls for sweeping punishments that would include a sale of Google’s industry-leading Chrome web browser and impose restrictions to prevent Android from favouring its own search engine. Washington: The woes of Alphabet’s Google seem to be surging as the US regulators have now asked to sell its Chrome browser. US prosecutors argued, on Wednesday, that the tech giant should share data and search results with competitors and take a range of other measures…

“India’s Digital Future: Jio AI-Cloud Announces 100GB Free Cloud Storage for New Users”

The Jio AI-Cloud Welcome Offer was announced at the Reliance Industries’ 47th AGM in August this year. The offer is now being rolled out to Jio’s users across the country. Reliance Jio is officially launching its Cloud Storage Welcome offer for users, providing them with up to 100GB of AI cloud storage and access to new AI features. This announcement comes three months after Mukesh Ambani, Chairman of Reliance Industries, unveiled the Jio AI-Cloud Welcome offer during the company’s 47th Annual General Meeting, alongside several other initiatives. Jio has begun…

India’s GSAT-N2 Satellite: Why SpaceX, Not ISRO, Is Handling the Launch

ISRO and India’s Pioneering Space Journey India’s space program, spearheaded by the Indian Space Research Organisation (ISRO), has been a beacon of innovation, propelling the nation to the forefront of global space exploration. From the success of the Chandrayaan missions to the remarkable feat of the Mars Orbiter Mission, ISRO has consistently showcased India’s technological prowess. However, the upcoming launch of the GSAT-N2 satellite, a vital component of India’s communication infrastructure, is not being carried out by ISRO but by Elon Musk’s SpaceX. This shift raises questions about the decision…

Apple’s 4-Million Sales Mark Fuels Record Growth in India

A Landmark Quarter for Apple in India Apple has achieved a monumental milestone in the Indian market, selling 4 million units in Q3 2024 and marking its most successful quarter ever in the country. This achievement is part of a broader trend of growth in India’s dynamic smartphone market, as highlighted by the latest International Data Corporation (IDC) report. Fueled by robust sales of the iPhone 13 and the newly launched iPhone 15, Apple’s performance is indicative of a shifting preference among Indian consumers towards premium and 5G-enabled devices. Apple’s…

India Tests Latest Pinaka System as Global Demand Surges with Interest from France and Armenia

Pinaka’s Rise Amid India’s Defence Push India’s ongoing efforts to enhance its domestic defense capabilities under the “Make in India” initiative have led to the development of the advanced Pinaka multi-barrel rocket system, which recently passed a critical flight test. Originally deployed by the Indian Army in the 1999 Kargil War, Pinaka has gained a reputation for its precision and power, attracting global interest. With France and Armenia showing keen interest in acquiring the system, the Pinaka rocket system is poised to become a significant export, strengthening India’s position in…

BSNL Launches India’s First Direct-to-Device Satellite Connectivity in Partnership with Viasat

BSNL’s Journey Toward Innovation in Telecommunications Bharat Sanchar Nigam Limited (BSNL), India’s government-owned telecommunications provider, has been a cornerstone of the country’s connectivity landscape since its inception in 2000. As India’s oldest telecom entity, BSNL has consistently evolved to meet the needs of an expanding and increasingly digital population. While the rise of private telecom giants has put pressure on BSNL’s market share, the company has remained resilient, investing in high-tech advancements to maintain relevance. Now, BSNL has taken a ground-breaking step by launching India’s first Direct-to-Device (D2D) satellite connectivity…