International

North Korea Sends Special Forces to Russia for Ukraine Conflict

By Editor - News Desk October 19, 2024

South Korea’s National Intelligence Service (NIS) has reported that North Korea has transferred around 1,500 of its special forces to eastern Russia, with plans to deploy them in Russia’s war against Ukraine. This marks a significant development in North Korea’s involvement in the ongoing conflict, as these elite troops are currently training in Russia ahead […]

Finance

India’s Forex Reserves Drop by $10.7 Billion, Hit $690.43 Billion

By Editor - News Desk October 18, 2024

India’s foreign exchange (forex) reserves saw a sharp decline for the second consecutive week, dropping by USD 10.746 billion to reach USD 690.43 billion for the week ending October 11, according to data released by the Reserve Bank of India (RBI) on Friday. This marks one of the largest decreases in recent times, following a […]

International

India Extends INR 487.60 Crore Credit to Mauritius for Water Pipeline Project

By Editor - News Desk October 18, 2024

India has extended an INR 487.60 crore Line of Credit (LoC) to the Government of Mauritius for the financing of a major water pipeline replacement project. This marks a significant milestone, as it is the first-ever ₹-denominated Line of Credit extended by India for project financing under the Indian Development and Economic Assistance Scheme (IDEAS). […]

Uncategorized

Gold Prices Reach Record High Amid Global Tensions, Domestic Rates Soar

By Editor - News Desk October 18, 2024

The international gold spot price surged to an unprecedented high of $2,714.10 per ounce on Thursday, as reported by Bloomberg. This significant increase is attributed to various factors, including uncertainty surrounding the upcoming U.S. elections and the escalating conflict in the Middle East. International Gold Prices Hit Record For the first time, international gold

International

Former Canadian NSA Suggests Nijjar’s Killing Linked to Retaliation

By Editor - News Desk October 18, 2024

In the ongoing tensions between India and Canada over the assassination of Sikh separatist Hardeep Singh Nijjar, former Canadian National Security Adviser (NSA) Jody Thomas revealed key insights into the case. While testifying at Canada’s foreign interference inquiry, Thomas suggested that the initial intelligence and police investigations pointed to Nijjar’s killing as

Politics

NDA Announces Seat Sharing for Jharkhand Assembly Elections

By Editor - News Desk October 18, 2024

The National Democratic Alliance (NDA), led by the Bharatiya Janata Party (BJP), has officially revealed its seat-sharing arrangement for the upcoming Jharkhand assembly elections. Out of the 81 seats in the Jharkhand legislative assembly, the BJP will contest 68, leaving the remaining seats for its alliance partners. BJP and Allies Seat Allocation In a joint […]

Industry

Reliance Jio Loses 10.9 Million Users After Tariff Hike

By Editor - News Desk October 18, 2024

Reliance Jio, one of India’s leading telecom operators, experienced a significant user loss of over 10.9 million in the second quarter, following a recent increase in recharge plan prices. The company raised its tariff rates, which resulted in a noticeable decline in its customer base. Despite this setback, Jio appears untroubled by the exodus, as […]

Defence

Rajnath Singh Urges Private Sector to Lead in Defence Innovation

By Editor - News Desk October 18, 2024

Raksha Mantri Shri Rajnath Singh has urged the private sector to step up from mere participation to leading the development of the defence sector, assuring full government support. Speaking at the Twaral DRDO-Industry Workshop on Defence Technology Acceleration in New Delhi on October 18, 2024, Singh emphasized the need for India to become a global […]

Government Policies

India’s Direct Tax Collections Surge 182% Over a Decade, Reach ₹19.6 Lakh Crore in FY24

By Editor - News Desk October 18, 2024

India’s net direct tax collections have witnessed a staggering increase of 182.02% over the last decade, reaching ₹19.60 lakh crore in FY24, compared to ₹6.95 lakh crore in FY15, according to the latest data released by the Income Tax Department. The remarkable rise has been fueled primarily by strong growth in personal income tax collections, […]

Industry

Adani Group to Invest $3 Billion in Semiconductor Manufacturing

By Editor - News Desk October 18, 2024

The Adani Group is set to make a significant move into semiconductor manufacturing with an initial investment of $3 billion over the next 2-3 years, according to a report by Mint on October 16. The Gautam Adani-led conglomerate is reportedly in talks with two Israeli companies to establish separate joint ventures for chip production, signaling […]