India News & Trends
How CTV can prevent repeating the ad errors of linear TV for living room monetization
Connected TV live sports are about to enter a crucial period of recalibration. The medium is plagued by an old broadcast reflex: more advertisements equal more money, despite its promises of scale, accuracy, and living-room supremacy. A fundamental concern for the ecosystem is raised by the growing need to profit from every stop as live matches draw enormous concurrent audiences. To what extent can ad loads be increased before fandom becomes transactional and viewer immersion breaks down? Tolerance is a delicate currency in an environment where control and choice are paramount. This unique research explores what sustainability actually means during live sports by bringing together voices from the CTV, ad-tech, platform, and agency sectors. Beyond simple inventory counts, topics like experience design, temporal intelligence, creative ecosystems, and attention economics are covered. The emphasis is on creating a model where monetization does not come at the expense of loyalty, taking into account factors like the unpredictable nature of live broadcasts and the potential to increase interaction after the final whistle. The fundamental conflict is obvious: how well the ecosystem learns to use the screen, rather than how much advertising it can accommodate, will determine the direction of CTV sports in the future.
Published 24 Feb 2026 05:42 PM
Instamart's viral water gun stunt transforms a Mumbai pani puri booth into a Holi playground.
After a vendor was caught on camera filling puris with a water cannon as part of a festive promotion by quick-commerce company Instamart ahead of Holi, a pani puri stand in Mumbai became the newest social media star. The vendor is shown firing paani directly into the crisp puris in a video that has gone viral on LinkedIn and Instagram, replacing the typical steel matka with colorful water blasters. A large number of office workers, students, and bystanders were drawn to the unique scene, and many of them took out their phones to capture the action. In order to highlight its selection of water weapons on the platform in advance of the festival, Instamart planned the stunt. Videos of the "Holi practice" went viral online, evoking a range of responses from amusing arguments about wet puris to amusement and admiration for the vendor's goal. There are two types of Holi individuals, according to a social media user: The ones that say, "I'll sit inside." And the ones that say, "Give me the biggest water gun." This was obviously designed by Instamart for the second category. "This felt more like a deleted Holi scene from Yeh Jawaani Hai Deewani than a brand activation," another user commented.Water guns have evolved from toys for kids to expensive adult purchases over the Holi season, with many consumers shelling out hefty sums of money for high-performance blasters. This change is reflected in Instamart's Holi collection, which features high-end water pistols with precision and power, such as SPYRA, a German-engineered weapon that has drawn interest from senior citizens worldwide. Other comparable products are Toyshine and NERF water guns, which are currently sold on Instamart.already though the celebration is still a few weeks away, the widely shared scene in Mumbai indicates that Holi purchasing has already started and that this year's puris are already getting practice shots.
Published 23 Feb 2026 05:56 PM
Invideo expands AI-driven filmmaking by acquiring GoBo Labs.
GoBo Labs, an award-winning Indian creative AI company created by Hridaye Ashish Nagpal, Vishal Balsara, and Nishant Tahilramani, has been acquired by Invideo, one of the most significant AI video creation platforms in the world.This acquisition is a strategic move to develop the next generation of Invideo's creative platform with the knowledge of Ailmmakers, who have led the way in AI-Airst storytelling, rather than a foray into agency or production work.GoBo Labs, one of India's first and most inventive AI-powered creative studios, unveiled the nation's first AI-Airst Ailmmaking workAlow, which skilfully combined storytelling, VFX, and animatics with cutting-edge production tools. Their efforts have fuelled notable advertising campaigns for Lux, Vaseline, Gulf Oil, Fabelle, Mahindra, Hindustan Times, and more, solidifying GoBo's position as a pioneer at the nexus of creativity and cutting-edge technology.GoBo's addition to Invideo gives the platform access to a creative force that continuously pushes the boundaries of what is achievable when innovative tools and artistic vision collide.According to Sanket Shah, co-founder and CEO of Invideo, "GoBo has broadened the scope of what creators can accomplish with AI." "When combined with our technology, their creative intuition opens the door to a future where all creators worldwide can access faster, richer, and more accessible storytelling."
Published 20 Feb 2026 12:20 PM
Together, limitless is the audacious new corporate brand identity that Tata Communications has unveiled.
Together, limitless embodies the company's conviction that the most significant advancements are made when knowledge, networks, and collaborations unite to produce results that transcend conventional limits."Together, limitless" embodies the company's conviction that the most significant advancements are made when knowledge, networks, and collaborations unite to produce results that transcend conventional limits.A.S. Lakshminarayanan, MD & CEO, Tata Communications, stated, "Our customers trust us because of the deep expertise we bring and the commitment with which our people deliver every day." "We are defined by that desire. We are currently developing into a more cohesive, forward-thinking business. "Together, limitless" embodies the new Tata Communications, which is based on trust, transformation-driven, and committed to helping our clients do more than they have in the past. The new positioning coincides with businesses rethinking their operations in increasingly intricate, interconnected ecosystems and managing growing demands for responsibility, speed, resilience, and security. This reflects Tata Communications' own change, which includes a greater emphasis on long-term value development, closer customer partnerships, and an expanding worldwide presence."As customers' aspirations have evolved over time, so too has our relevance to them," Lakshminarayanan stated. We have now moved into a new stage of change, enhancing our capacities in operations, sales and marketing, and goods. Organizations are using our Digital Fabric to streamline complexity and spur innovation. Our goal to become more involved in our clients' growth journeys is reflected in our new brand promise.Fundamentally, "Together, limitless" characterizes Tata Communications' interactions with clients, partners, and investors. Today's businesses work in a more complicated environment with larger technology stacks, quicker innovation cycles, and increased demands for speed, security, and resilience. Tata Communications discovered a defining tension through in-depth customer listening: an excessive amount of noise in the technology ecosystem and an increasing demand for integration, clarity, and reliable partnerships.
Published 16 Feb 2026 05:41 PM
According to FT, Meta reduces stock rewards for the majority of employees by 5%.
As CEO Mark Zuckerberg invests billions of dollars in its artificial intelligence goals, Meta cut the annual payout of stock options for the majority of its employees by roughly 5%, according to a Financial Times report on Thursday.In the fierce AI race in Silicon Valley, Meta and other Big Tech companies are vying with one another to outbuild one another with enormous data centers. In January, the social media corporation stated that it anticipated spending between $115 billion and $135 billion on capital projects in 2026.According to the report, which cited people familiar with the situation, Meta has reduced equity-based incentives for the majority of its employees for the second consecutive year. According to the FT story, the corporation stunned some employees by reducing the stock reward by about 10% last year.The entity incorporates Meta's ambitious "metaverse" wager, which has resulted in losses of about $70 billion since 2021. According to President Donald Trump, Meta is investing $50 billion to develop a number of gigawatt-scale data centers across the United States, including one in rural Louisiana.
Published 20 Feb 2026 01:03 PM
A former secretary of consumer affairs has been appointed to a key USISPF position.
The appointment of former Consumer Affairs Secretary Rohit Kumar Singh as Chair of the Global Value Chains Committee of the US–India Strategic Partnership Forum (USISPF) on February 9, 2026, marked a major step forward for India-US economic interaction. The action underscores the increased focus on reliable supply chains and reliable alliances.Selection of the Chair of USISPF's Global Value Chains Committee Rohit Kumar Singh, a former secretary of consumer affairs, has been named chair of the US-India Strategic Partnership Forum's Global Value Chains Committee. Singh, who has extensive administrative experience and a history of change, puts Indian policy knowledge at the center of debates about the global value chain in his new position. Rohit Kumar Singh's Identity A 1989-batch IAS officer from the Rajasthan cadre, Rohit Kumar Singh has a wealth of knowledge in economic governance. He was instrumental in reforming India's consumer protection laws while serving as Secretary of Consumer Affairs. His leadership earned praise for enhancing responsiveness and openness by fusing technology-driven governance with regulatory reform. In his new worldwide job, he is well-positioned to combine policy, industry, and international cooperation thanks to his administrative background.Why USISPF Is Important and What It Is Through cooperation between governments, corporations, and thought leaders, the US–India Strategic Partnership Forum (USISPF) is a premier forum that enhances strategic and economic connections between the US and India. It operates in a variety of industries, including supply chains, trade, technology, energy, and defense. At a time when global trade is fragmented and under geopolitical stress, USISPF is essential in facilitating conversation and coordinating policy agendas.
Published 10 Feb 2026 05:46 PM
Venugopal Jeyandran Reliance Retail Ventures Ltd.'s President and CEO was appointed.
Jeyandran Venugopal, a senior executive from Flipkart, has been named President and CEO of Reliance Retail Ventures Ltd. (RRVL) by Reliance Industries Ltd. (RIL). In an effort to further accelerate growth in the fiercely competitive retail industry, India's largest retail conglomerate made the statement on December 3, 2025. This is a brand-new role that highlights RRVL's goal to implement an ambitious retail and omni-channel strategy and increase leadership depth.Background: Jeyandran Venugopal: Who Is He? In the Indian e-commerce industry, Jeyandran Venugopal is a well-known figure. He played a key role in growing the platform's operations and digital infrastructure while holding senior positions at Flipkart that were centred on technology, innovation, and customer experience. His move to Reliance Retail coincides with the company's rapid e-commerce expansion through JioMart, all the while preserving a robust offline retail presence in industries like fashion, electronics, luxury products, and grocery.Strategic Position in the Vision of RRVL Venugopal will collaborate closely with Isha Ambani, who leads RRVL's retail sector, in his capacity as President and CEO. Among his responsibilities will include Overseeing omni-channel integration and digital transformation Promoting innovation in consumer interactions and the supply chain Improving offline and online operations through data-driven decision-making increasing urban penetration and extending RRVL's reach throughout tier 2 and tier 3 cities His appointment demonstrates Reliance's desire to directly compete with Amazon, Walmart-Flipkart, and Tata Neu by utilising cutting-edge technology and customer data intelligence in addition to size.Reliance Retail Ventures Ltd. (RRVL), the retail holding company of Reliance Industries, is the biggest retail player in India. Its varied portfolio includes Trends, JioMart, Ajio, Reliance Fresh, and Hamleys Strategic alliances with international companies such as Burberry, Jimmy Choo, and Tiffany Recent acquisitions in fashion, food retail, and e-commerce that demonstrate a hyper-growth approach RRVL continued to dominate the market in terms of both revenue and physical store network in FY2024–2025, reporting record revenues.
Published 04 Dec 2025 06:11 PM
The first female vice-chancellor of Nagpur University in a century is Manali Kshirsagar.
With the appointment of Manali Makarand Kshirsagar as its first female vice-chancellor since its founding in 1923, Nagpur University has ushered in a new era. Her appointment is a significant advancement in inclusive leadership and contemporary scholarship. In the upcoming years, she is expected to steer the century-old university towards better research, digital learning, and transparent governance thanks to her solid credentials and administrative experience.Acharya Devvrat, the University Chancellor and Governor of Maharashtra, made the announcement. At 54 years old, Kshirsagar is about to begin her five-year term, bringing a new vision to the university’s administration. As an alumnus of the institution, she is expected to steer the university with deeper understanding and dedication. Kshirsagar’s selection is essential not just for the university but for the entire region. It stands for: Gender equality in leadership A shift to contemporary scholarly methods More transparency in administration Focus on digital and research-driven education This decision is considered as a long-needed reform for a university that is more than 102 years old.With her in charge, educators and students anticipate: Improved academic quality Better administrative systems Stronger industry partnerships More student-friendly initiatives A greater emphasis on modern governance and innovation Under her direction, the university will probably be able to adjust to the evolving demands of higher education and move towards a more forward-thinking and effective future.
Published 03 Dec 2025 10:51 PM
Lekin, I never believed in oiling before.Behind her shiny hair, Chitrangada Singh reveals a secret combination.
On the podcast Let's Talk for Namitaa, Chitrangada Singh recently talked about her hair care regimen and credited oiling for improving the quality of her hair. "I never used to believe in oiling, lekin bahut farak padta, oiling is very, very important," she said. The quality of your hair has improved since I started using rosemary, pepper mint, almond oil, and teen cheezon ko mix karke mujhe diya hai kisni.IndianExpress.com contacted Dr. Bhawuk Dhir, Consultant Dermatology, PSRI Hospital, to verify the actor's claim. He concurred that oiling has advantages, "but with realistic expectations."According to Dr. Dhir, "regular hair oiling can be scientifically effective, but its impact varies from person to person." He explains that oils don't directly promote the growth of new hair by activating biological growth pathways. The main functions of oils are as protecting and emollients. They protect the hair shaft from friction and environmental harm, prevent breakage, lessen dryness, and seal in moisture," he says. During oil application, a light scalp massage may also promote improved blood circulation. Dr. Dhir continues, "The evidence is stronger for improved texture and reduced damage rather than dramatic hair growth, even though this creates a healthier scalp environment."
Published 24 Feb 2026 05:56 PM
Kerala HC wants to see The Kerala Story 2 after discovering that the teaser and trailer misrepresent the state.
The Kerala High Court on Tuesday (February 24, 2026) requested that the movie be shown to it on Wednesday, claiming that the teaser and trailer for The Kerala Story 2: Goes Beyond "wrongly portrays" the people of Kerala. Since Kerala is mentioned in the title by the filmmakers, who claim that the film tells a pan-Indian story, the concerns of the people of the State cannot be disregarded. Tensions within the community could result from this," it stated."You don't think the Court ought to see the film. "You want the question of whether this petition is a private or public litigation to be resolved," the court said. The Court made the observation during the hearing of three petitions from people who wanted to prevent the film's release and have the Central Board of Film Certification's (CBFC) certificate revoked because they believed the movie stigmatized and misrepresented Kerala, which could cause tensions and discord among communities. The Court noted that the petitioners' concerns seemed prima facie justified because the movie was being projected as "inspired by true events" and prominently carried the name of the state in its title, even though the sequels' plot had no real connection to Kerala. The Court then expressed its inclination to watch the film during the morning hearing. Therefore, it requested that the producer and the CBFC's legal representatives obtain guidance regarding the best time to screen the film for the Court. Additionally, the movie producers' attorney stated that the screening may go.
Published 03 Mar 2026 09:20 AM
The price of lodging at ITC Mementos, the location of Rashmika Mandanna and Vijay Deverakonda's wedding
NDTV has revealed that Rashmika Mandanna and Vijay Deverakonda have selected ITC Mementos as the location for their wedding, which is scheduled for February 26, 2026. The home is tucked away in the Aravalli highlands, 25 kilometers from Udaipur. Mementos by ITC Hotels Ekaaya is a perfect destination wedding location since it provides an opulent getaway from the congested lakes and forts of Udaipur. This is where a fairytale becomes a reality, with verdant hills in the background, blue skies overhead, and a festive atmosphere.In order to give fans a preview of the festivities, paparazzi accounts started sharing the first images of the wedding location on Instagram after the announcement. The couple has selected the lavish Mementos by ITC Hotels, Ekaaya Udaipur, as the setting for their private celebrations, according to those reports.For their wedding, Rashmika Mandanna and Vijay Deverakonda have selected a gorgeous boutique home nestled in the Aravalli hills, away from the bustle of Udaipur. The tranquil retreat, which is surrounded by expansive nature, provides visitors with a variety of tastefully furnished rooms and apartments.
Published 23 Feb 2026 06:00 PM
Review of the Assi film: Taapsee Pannu and Kani Kusruti feature in an urgent, necessary call to arms that is a must-see
No. This isn't possible. Not in Delhi, where it is dangerous to be out after sunset. Not in India, where even infants and elderly women are not spared by predators. When schoolteacher Parima (Kani Kusruti) is dragged into a car and brutally attacked by a group of men, Anubhav Sinha's Assi, which alludes to the number of rapes that occur in a minute, doesn't waste any time in dragging us into the depths of darkness. The hours of a night that turns into a nightmare begin when she returns to her modest middle-class home from a function at a colleague's residence, where her husband Vinay (played by Mohammed Zeeshan Ayyub) and young son (Advik Jaiswal) are waiting.As a telling aside, the principal of Parima's school (Seema Pahwa, in a cameo) is reluctant to allow her to return to work because, in her own words, neither she nor the students are ready. The teenage boys in Parima's math class, who post offensive remarks on their WhatsApp groups, are just as complicit in the continuation of rape culture as the loud-mouthed supporters of the status quo who let monsters run amok. Even while the frequent use of the red screen verges dangerously close to being gimmicky, the entire movie is completely and purposefully in your face, with the directors obviously expecting that you would never be able to get it out of your head and heart. It serves as a mirror to people who refuse to recognise how difficult it is for women to be out on their own, whether they are in playgrounds, on public transportation, crossing streets, or even in their own homes. No location is secure.The verbal altercations between the rapists' lawyer (Satyajit Sharma), who is overseen by an experienced judge (Revathi), and the feisty Raavi (Taapsee Pannu, who rejoins Sinha after "Mulk" and "Thappad"), who defends Parima's case, may bring to mind Sinha's earlier films, which used the courtroom as a battlefield to stake out the ethical and moral ground that was quickly slipping from under our feet.
Published 20 Feb 2026 12:40 PM
What becomes more expensive and less expensive following Budget 2026. Check entire list
With the release of the Union Budget 2026, Indian consumers are anticipated to pay more for some items and less for others. As finance minister Nirmala Sitharaman delivered the budget in Parliament today, she spoke about specific commodities on which the government is planning to lower customs duty.She added that the government was thinking about decreasing taxes on a few imports from other nations, which would result in lower prices for Indian customers. Finance Minister Nirmala Sitharaman stated during the Budget's presentation in Parliament on Sunday that the Union Budget 2026–27's changes to customs duties will reduce the cost of a number of necessities, such as 17 cancer medications and medications and specialized nutrition used to treat seven uncommon diseases. Duties have also been lowered on microwave oven components, lowering production expenses. The Budget proposed a range of tariff cuts and tax rationalisations targeted at alleviating costs for consumers, exporters and critical sectors. TCS reduced the price of overseas tour packages from 5–20% to 2% with no minimum. Foreign remittances for education and medical care under LRS: TCS cut to 2% from 5% Microwave ovens: Customs duty exemption on selected manufacturing parts Imports for personal use by foreign visitors: Customs duty was reduced from 20% to 10%.Imports for personal use by foreign visitors: Customs duty was reduced from 20% to 10%. Textile and leather exporters: Export realisation time extended to one year, alleviating working capital constraint Cancer and critical disease medicines: Basic customs duty totally waived on 17 pharmaceuticals Foods, medications, and drugs for specific medical needs pertaining to seven uncommon disorders Imported medications and drugs for individual use Essential Parts of Microwave Ovens Components or parts, including engines of aircraftSolar glass ingredients Goods purchased for nuclear power projects Capital products for essential minerals
Published 02 Feb 2026 06:03 PM
GST reform: starting Monday, these goods will be subject to the highest tax. View the complete list
September 22 GST changes: Under the new tax structure, which goes into effect on Monday, items falling within these categories will be subject to the newly revised highest tax rate of 40% GST. View the items' list here.After its 56th meeting on September 3, 2025, the GST Council, which is led by the Indian federal government, voted to streamline the indirect tax system in India by redesigning the current goods and service tax (GST) slab structure into a "two-tier" system.Indian customers will benefit from a revamped "two-tier" tax structure that goes into effect on Monday, September 22, 2025. Depending on the type of commodity sold in the country, it will be subject to either the 5% or 18% tax band. In India, GST is now imposed in four slabs: 5%, 12%, 18%, and 28%. However, the government has since modified these slabs. Many products sold in the Indian economy will see price reductions as a result of the federal government's action; nevertheless, starting Monday, a wide range of products will also be subject to higher consumer taxes. 1. Sin Goods: Generally speaking, sin goods are things that are detrimental to society and health, such as cigarettes and pan masala. Cigarettes, pan masala, beedi, and other tobacco goods including chewing tobacco and gutka, as well as online gaming and gambling, would all be subject to a 40% GST tax starting on Monday, September 22, 2025. 2. Luxury cars: Four-wheelers with an internal combustion engine (ICE) capacity greater than 1,200cc and a length greater than four meters were also placed in a 40% tax level by the GST Council. In the past, the ex-showroom pricing of SUVs and MPVs, which are included in this group, was increased by 28% GST and 22% Cess. 3. Over 350cc two-wheelers: The GST Council raised the tax rate for two-wheelers with engines larger than 350cc from 28% GST and 3% Cess to 40%. Despite the removal of the Cess levy, two-wheelers with engines larger than 350cc will now be subject to a higher tax rate. 4. Soft drinks: The central government raised the GST rate from 28% to 40%, which will result in a price increase for soft drinks and other non-alcoholic beverages like Coca-Cola, Pepsi, Mountain Dew, Fanta, and flavor-infused waters. 5. Items that cost more when you're in the 18% tax bracket: Items that will be subject to GST at the higher 18% slab starting on Monday, September 22, 2025, include dining at restaurants, particularly those with air conditioning and premium outlets; consumer durables like refrigerators, washing machines, and air conditioners; beauty and grooming services at salons and spas; and high-end smartphones and imported devices.
Published 23 Sep 2025 01:19 PM
Live Updates on New GST Rates: When GST 2.0 goes into effect, food, cars, and televisions all get cheaper.
GST Reforms 2025 List: Goods and Services Tax (GST) reforms have become effective today, September 22, marking a historical shift in the country’s indirect taxation by merging four slabs into two (5% and 18%) and a special tax slab of 40% for “sin goods".The GST council, led by Finance Minister Nirmala Sitharaman, early in September announced a major overhaul in the indirect taxation system, aimed at simplifying the slabs, boosting the consumption and rationalizing the rates. Under the new plan, the government is set to merge the four slabs into two main categories with an additional “sin tax" bracket: 5% slab — for essential goods. 18% slab – for most other goods and services. 40% slab – for luxury and sin goods such as tobacco, alcohol, betting, and online gaming. This consolidation is expected to make tax compliance easier and also reduce prices on many items currently taxed at 12% or 28%.This consolidation is expected to make tax compliance easier and also reduce prices on many items currently taxed at 12% or 28%.Consumers will see essential items becoming cheaper from September 22, as several sectors from FMCG to Auto have announced earlier to pass on the benefits of lower GST to them.
Published 22 Sep 2025 05:13 PM
Live updates for the ITR due date: Will there be another extension of the income tax return deadline?
Date of ITR due REAL-time updates: The deadline for filing Income Tax Returns (ITR) for the assessment year 2025–2026 is now. Over 6.69 crore returns have already been received by the Income Tax Department, of which over 6.03 crore have been validated and 4 crore have been processed.Taxpayers who miss today's deadline risk interest on unpaid taxes, delayed refunds, and late fines of up to ₹5,000 (limited at ₹1,000 for individuals with incomes up to ₹5 lakh). Therefore, it is essential to file and confirm returns on time in order to prevent fines and guarantee prompt refund processing.The deadline is applicable to non-audit instances, such as the majority of salaried individuals, small enterprises or professions under the presumptive taxation plan, and Hindu Undivided Families (HUFs). It is recommended that taxpayers refrain from spreading false information about extensions and instead rely solely on official updates from Income Tax India.In order to assist last-minute filers in appropriately completing submissions, the department's helpdesk is open around-the-clock and provides assistance via phone, live chat, WebEx sessions, and social media.The department's help line is open around-the-clock, providing assistance via phone, live chat, WebEx sessions, and social media to help filers who are submitting at the last minute appropriately.
Published 15 Sep 2025 05:53 PM
Unauthorized reviews, dubious log-ins, and fuzzy documents: TMC MP to Supreme Court on SIR
TMC MP Dola Sen told the Supreme Court that Election Commission-appointed micro-observers were allegedly overriding decisions made by Electoral Registration Officers (EROs), the statutory authority for including and deleting electors, raising concerns that eligible voters could be removed from the final electoral roll during the ongoing Special Intensive Revision (SIR) in West Bengal.In two applications filed on February 16 and 18, Sen, a petitioner before the Supreme Court contesting the SIR, also claimed that documents uploaded to the system were becoming "blurry" after submission and that officials were allegedly logging into the ECINET portal from locations other than where they were deputed. On February 28, West Bengal's final electoral roll is expected to be released. The Indian Express asked the EC for comment on Sen's claims, but the EC did not reply.The EC only deployed micro-observers in West Bengal, which was a first, despite announcing the SIR in nine states and three Union Territories on October 27 of last year. The EC informed the Supreme Court on February 4 that the purpose of the 8,100 micro-observers, who work for the Central Government, was to support EROs and Assistant EROs (AEROs). The EC had stated, "It is false to suggest that statutory powers have been vested in the micro-observers."
Published 25 Feb 2026 05:54 PM
Don't you feel guilty about selling Bharat Mata Rahul Gandhi criticizes the US accord and the Center
Speaking in the Lok Sabha following days of deadlock, Rahul Gandhi criticized the Central government, led by Prime Minister Narendra Modi, for the recently concluded trade agreement with the United States, saying the administration should be embarrassed of it. In a vicious attack, Gandhi said that the Center "sold India" and that the government was endangering farmers' livelihoods by permitting US goods to enter."India is no longer yours. Do you not feel guilty for selling India? In reference to the trade deal, he declared, "You have sold our mother, Bharat Mata." He added that it was a "wholesale surrender" in which the interests of farmers were jeopardized and India's energy security was given to America. Gandhi went on to say that Donald Trump would have been advised to treat India equally if an INDIA Bloc administration had negotiated the trade deal with the US."This is total capitulation. The fact that it is a capitulation by more than simply the prime minister makes it tragic. He has given up the 1.5 billion Indians' future. Gandhi claimed that he had given up the future in order to save the BJP's financial structure, which is the subject of a case in the US.Gandhi claimed that the farmers' interests had been compromised and that they were facing a "storm" as American agricultural products flooded Indian markets. Additionally, he claimed that the Indian textile sector is "finished."We are about to enter a period of unrest, and the country has been sold. The country is sold out. "Its farmers and data have been sold," Gandhi reaffirmed as he wrapped up his remarks.Following Rahul Gandhi's address, Union Parliamentary Affairs Minister Kiren Rijiju declared that no one could sell India and charged that the Congress party was undermining the nation. "Congress is sad because India is progressing," he stated, asserting that Prime Minister Narendra Modi is India's strongest PM. He claimed that before leaving Parliament, the Congress MP gave speeches full of falsehoods and unfounded accusations. Rijiju remarked, "He never stays back to hear the minister's response."It is regrettable that we lack a serious personality or a person with a serious character that would be appropriate for the role of opposition leader. Rahul Gandhi's lies will be refuted by our party both within and outside the House.
Published 11 Feb 2026 11:10 PM
Updates for the 10th day of the Parliament Budget Session The Government-Opposition deadlock ends, and both Houses begin discussing the budget
The Lok Sabha began discussing the Union Budget on Tuesday, February 10, 2025, in the afternoon, signaling the end of the impasse between the opposition and treasury benches. The discussion had been delayed for days due to the opposition's insistence that LoP Rahul Gandhi be given the opportunity to speak on a number of topics. Following two adjournments, the House reconvened at 2 p.m., and the Speaker, Krishna Prasad Tenneti, invited Congressman Shashi Tharoor to commence the debate. The Thiruvananthapuram MP then began discussing the matter. Soon after opposition parties filed a notice to introduce a motion to oust Om Birla as Speaker of the Lok Sabha, the thaw occurred. Sukhendu Sekhar Roy of the Trinamool Congress emphasized that rising inequality could cause a "social upheaval," akin to what was seen in neighboring countries, as opposition parties criticized the government for failing to address issues like unemployment and inflation in the Union Budget during the budget discussion."If the situation is not brought under control, I fear that the country will soon experience social unrest similar to what has recently occurred in some of our neighboring countries. We have never witnessed such skyrocketing inequality between the rich, super rich, upper middle class, middle class, and the poor," Mr. Roy stated.
Published 11 Feb 2026 11:06 PM
India displays its entire armed might on the 77th Republic Day, with Operation Sindoor taking front stage on the Kartavya Path.
Top national leaders and prominent foreign visitors joined the festivities, which had as their subject 150 years of "Vande Mataram." About 10,000 distinguished guests saw the parade, which combined military might with cultural cohesion.At its 77th Republic Day parade on Monday, January 26, 2026, India put military might front and centre. Kartavya Path was transformed into a sweeping display of missiles, armour, mechanised columns, and combat aircraft, with a keen focus on weapon systems related to Operation Sindoor, the high-intensity military operation carried out in May of last year.The BrahMos supersonic cruise missile, Akash air defence system, Suryastra rocket launcher, and Arjun Main Battle Tank were among the major armament systems on exhibit at the start of the military demonstration, which emphasised India's focus on battlefield readiness and domestic defence manufacturing. A large portion of the equipment on exhibit was either used in Operation Sindoor, the confrontation with Pakistan that took place from May 7–10, or it was directly inspired by lessons learnt.A tri-services tableau featuring replicas of key weapon systems used during the operation was a big draw. A glass-cased integrated operational command centre served as its focal point, providing a visual representation of Operation Sindoor's execution through the coordinated use of systems including the S-400 air defence system and BrahMos. Akash and S-400 systems were depicted as offering a protective air-defense shield during the fight, while BrahMos missiles were predicted to perform decisive offensive attacks.Lt. General Bhavnish Kumar, a second-generation officer and General Officer Commanding, Delhi Area, led the procession. The Indian Army demonstrated a phased "Battle Array Format," including its airborne component, for the first time. The reconnaissance element included high-mobility reconnaissance vehicles after the historic 61 Cavalry in active battle uniform. Flying in Prahar formation, the domestic Dhruv Advanced Light Helicopter and its armed counterpart Rudra displayed aerial battlefield shaping.
Published 27 Jan 2026 09:07 PM
Can face acupuncture provide a more natural lift than botox and fillers?
There has been a subtle change in the beauty industry during the past year. The popularity of dermal fillers and botox appeared to be waning. It appears that beauty enthusiasts are giving the needles a breather, as seen by celebrities discontinuing their procedures in favor of a more natural appearance and the growing popularity of products like face rollers and gua sha for a naturally elevated appearance.Instead of employing toxins or fillers to freeze or plump the skin, face acupuncture increases collagen and elastin through micro-trauma, providing a more natural, holistic lift than Botox and fillers. It improves skin texture and gives a subtle, refreshed appearance, but it takes several sessions to see noticeable changes. In contrast, Botox produces quicker, more noticeable, but transient, effects. Facial Acupuncture for Natural Lift: Mechanism: Increases circulation and collagen synthesis by stimulating the body's natural healing mechanisms with several small needles. Results: Enhances rather than changes face structure, giving the appearance of a subtle, renewed, and "lifted" appearance without the "frozen" or "pillowy" aspect. Benefits: Provides improved skin tone and texture by addressing the underlying causes of aging, including tension, stress, and hormonal imbalance. Longevity: Because they support the body's natural healing processes, benefits may be longer-lasting even though they are not instantaneous. Side effects: There is little chance of minor redness or bruises, and there is no recovery period.
Published 25 Feb 2026 05:50 PM
When you chew a piece of ginger every day for sixty days, your body experiences this.
Strong antioxidant and anti-inflammatory properties can be found in ginger. However, what would happen if a person chewed a piece of ginger every day for sixty days? When we asked Dr. Amreen Sheikh, chief nutritionist at KIMS Hospitals, Thane, about it, he replied that it increases circulation, relaxes the airways, and progressively lessens throat inflammation. Many patients report decreased bloating, improved digestion, and fewer coughs after six to eight weeks. Ginger can ease the inner lining of the airways and provide general lung comfort for people who are susceptible to seasonal respiratory symptoms, according to Sheikh.Yes, but with reasonable expectations, Sheikh argued. Unlike medication, ginger does not "open the lungs." Rather, it operates subtly. It can aid those who frequently experience irritation from pollutants, relieve moderate wheezing from cold weather, and clear congestion in the throat. Additionally, by loosening mucus, its warming impact facilitates its expulsion during an illness. Ginger can help with long-term lung conditions like COPD or asthma, but it should never take the place of prescription medication, Sheikh said.While using ginger on a daily basis is generally safe, Sheikh pointed out that excessive use can cause oral irritation, cause acidity in those who are sensitive, or slightly thin the blood. Before developing a habit, people who take blood thinners or have gastritis or acid reflux should speak with a doctor. A tiny portion is more than sufficient; moderation is crucial," Sheikh stated.
Published 23 Dec 2025 11:46 PM
Cough syrup deaths: TNFDA probe reveals Coldrif manufacturer's shortcomings
According to CDSCO sources, the investigation into the Kanchipuram-based Coldrif cough syrup producer, which was connected to child fatalities in Madhya Pradesh, has shown shortcomings in the Tamil Nadu Food and Drug Administration's enforcement of fundamental regulatory standards.They said that Sresan Pharma, which was granted a license by the Tamil Nadu Food and Drug Administration (TNFDA) in 2011, carried on operating undetected for more than ten years in spite of its inadequate infrastructure and many infractions of national drug safety regulations.According to the sources, a recent examination by the Central Drugs Standard Control Organization (CDSCO) revealed the unit's terrible conditions and complete disregard for Good Manufacturing Practices (GMP). "The CDSCO has not participated in any of Sresan Pharma's audits. This company was not included in any of the CDSCO databases since the CDSCO was not involved and the state FDA did not provide the CDSCO with any information on it, according to a source.Rule 84AB of the D and C Rules mandates that manufacturers update all of their certified items on the "Sugam" site, according to another source at the CDSCO.In order to facilitate improved monitoring, the regulation was notified to create a national database of all the authorized items in the nation. "The business failed to list its goods in the database. It did not follow this guideline as a result. According to the source, the state regulator is in charge of ensuring that the regulation is followed in the state.
Published 15 Oct 2025 04:59 PM
Why the most popular (and dubious) fad right now is North West's finger piercing
The Kardashian-Jenner family is known for starting trends, some of which are lighthearted, some of which are outrageous, and others of which are downright dubious. When Kim Kardashian and her 12-year-old daughter North West were spotted in Rome recently, everyone's attention was drawn to North's middle finger dermal piercing.Their excursion has generated a lot of controversy, with Kim facing backlash for permitting her preteen child receive the piercing. However, finger piercings have also gained popularity, and many people are now interested in learning more about them, their process, and their safety.A dermal piercing, also known as a micro dermal or single-point piercing, is a way to change your body where a piece of jewelry is inserted under the skin so that only the pretty top is visible, says Sahil Bali, an artist at Devil'z Tattooz in Delhi. Bali continues by explaining that dermal piercings are single-entry piercings, as opposed to conventional piercings, which enter one side of the skin and exit the other. "They are performed by using a needle or dermal punch to make a tiny pocket in the skin, after which an anchor base is inserted beneath the skin. After that, a decorative stud or gem is put onto the anchor," he explains, adding that these piercings may be done practically anywhere on the body, including the fingers, lower back, cheekbone, and chest, but they take longer to heal than conventional piercings."Dermal piercings need careful cleaning and protection, as they can get easily irritated or caught on things, making them slightly higher maintenance than normal piercings," says Dr. Shireen Furtado, senior consultant, medical and cosmetic dermatology, Aster CMI Hospital, Bengaluru.
Published 07 Oct 2025 09:43 PM
Axar Patel leads DC to a decisive victory over Rishabh Pant's LSG on a night that contrasts for the captains.
Returning to Lucknow for the first time since his unsatisfactory dismissal from the team, KL Rahul ended the game with a spectacular six to go undefeated in a run-chase with a 42-ball 57.On a night full of stories at Lucknow's Ekana Stadium, the Delhi Capitals won by 8 wickets in a 160-run chase, solidifying their status as this season's title contenders. KL Rahul, who is making his first appearance in Lucknow after his unsatisfactory dismissal from the team, ended the game with a spectacular six to go undefeated in a run chase with a 42-ball 57. In the twelfth over of their respective innings, LSG and DC both lost their second wicket. Axar Patel entered when a composed Abishek Porel collapsed. At this point, DC was only under a little pressure to take a few wickets, but it might have grown complicated because new batters take time to get comfortable. With two sixes over the midwicket zone, his favorite hit against spin, Axar took out Ravi Bishnoi in the very next over after Avesh Khan had dismissed him after four dot balls.In the following over, facing Avesh once more after being outscored by a few deliveries, he decided to take a chance and hit a four to try to clear the fielder at mid-off. The most impressive stroke came from Shardul Thakur, who took up a not-so-short ball with the weight still on his backfoot and sent it over long on for a six.
Published 23 Apr 2025 08:56 PM
Nitish Rana on RR not selecting him for Super Over against DC despite 51 off 28: "One person never takes the call."
Despite hitting 51 off 28 balls against the Delhi Capitals, Nitish Rana was left out of the Super Over lineup as the Rajasthan Royals entered with Hetmyer and Riyan Parag.Nitish Rana remained in the middle until the 18th over of the chase after smashing 51 off 28 balls. At the Arun Jaitely Stadium in New Delhi on Wednesday, the Rajasthan Royals sent neither batsman to bat despite Yashasvi Jaiswal's 51 off 37 balls in the Super Over against the Delhi Capitals. Eyes were rolling when Shimron Hetmyer and Riyan Parag came out to bat in the Super Over. Rana wasn't even on the list of the three batters for the Super Over, but Jaiswal was chosen to bat following a wicket fall.RR's choice proved to be a poor one as Mitchell Starc of DC cramped the Hetmyer for space with yorkers and the reverse swing, allowing him to begin the Super Over with a dot ball. The Australian bowler was hit for four after missing his mark on the next delivery, but he recovered with another low full toss in the third ball. A single was taken by Hetmyer.Starc's low full toss was hit by Riyan Parag over third man for a boundary, sometimes known as a no-ball. After it appeared that RR would easily reach 15 with three balls left, the game took yet another sharp turn. RR was bowled out for just 11 as Parag and Jaiswal were ran out in the following ball.KL Rahul and Tristian Stubbs smash two sixes in the first three balls of Sandeep Sharma's Super Over to give DC a historic victory, so the total was insufficient. Following the game, Nitish Rana stated that the decision to send Riyan Parag and Shimron Hetmyer instead of him for the Super Over was made by the RR management. Rana said he didn't have an alternative response, adding that if Hetmyer had hit a couple of sixes in the Super Over, the questions would have been different."The call is answered by management, not a single individual. Along with two other senior players and coaches, the captain is present. You wouldn't be asking this question if Shimron Hetmyer had hit two sixes. I'll respond with the same response. I have no other response. Every choice we made was the right one. Everyone knows that Hetmyer is our finisher. During the press conference, Rana stated, "He has previously delivered."
Published 17 Apr 2025 09:05 PM
Who Won CSK vs. RR, Match 11 in Yesterday's IPL 2025 Match?
The outcome of yesterday's IPL 2024 match between CSK and RR: Watch the most recent IPL action as CSK and RR square off in the 2025 season's first game. Get all the match information and updates here, along with the results of the encounter.The highly anticipated Match 11 between the Chennai Super Kings (CSK) and Rajasthan Royals (RR) in the Indian Premier League (IPL) 2025 season was played at the Barsapara Cricket Stadium in Guwahati.Chennai Super Kings (CSK) lost against Rajasthan Royals (RR) by a margin of six runs. First to bowl, RR amassed 182 runs. Despite pursuing the objective, CSK ended up at 176 for 6 in 20 overs. The Rajasthan Royals (RR) defeated the Chennai Super Kings (CSK) by 6 runs in the March 30 IPL 2025 match. After two losses earlier in the season, this victory was RR's first. In contrast, CSK lost this game for the second time in a row.Highlights of the IPL 2025 match between the Rajasthan Royals and Chennai Super Kings: Wanindu Hasaranga takes four wickets to help the Royals overcome the Super Kings by six runs.
Published 31 Mar 2025 08:23 PM
India's bold strategy aids in a quick T20 reconstruction
The world champions are creating an environment where players perform well without worrying about keeping their spots in the squad or taking wickets.Kolkata: Although it's early, the process and outcomes give hope that India would successfully defend the T20 World Cup at home the following year. Despite the pessimism caused by the Test and ODI transition issues, India's T20 trajectory stands out thanks to series victories against South Africa, Bangladesh, Sri Lanka, Zimbabwe, and now England. Even more so when one considers that Kuldeep Yadav, Shubman Gill, Jasprit Bumrah, Rishabh Pant, and Yashasvi Jaiswal have not been parachuted in.This is most likely a greater accomplishment. However, they have approached it virtually undetected. No culture of stars. Verify. No set order for batting. Verify. Just a group of young, talented, and incredibly self-assured cricket players going about their business without worrying about career curves. By the way, all IPL linchpins.Captain Suryakumar Yadav acknowledges his lack of quality as he is left off the Champions Trophy roster. Abhishek Sharma thinks a ball is there to be struck, hence he doesn't count returns. As long as Tilak Varma is at the crease, the second Twenty20 match in Chennai demonstrated that no equation is too difficult. And the fact that India lost to 12/3 and then 79/5 at Pune on Friday, yet still managed to score 181, demonstrated that the previous game's disaster chasing in Rajkot was really a fluke. The realization that not everything can be managed lies at the core of this long-term upsurge. Earlier this week, Sitanshu Kotak, India's new batting coach, said it. "To achieve a score of 200 or 225, and if you are
Published 04 Feb 2025 04:28 PM
Unauthorized reviews, dubious log-ins, and fuzzy documents: TMC MP to Supreme Court on SIR
TMC MP Dola Sen told the Supreme Court that Election Commission-appointed micro-observers were allegedly overriding decisions made by Electoral Registration Officers (EROs), the statutory authority for including and deleting electors, raising concerns that eligible voters could be removed from the final electoral roll during the ongoing Special Intensive Revision (SIR) in West Bengal.In two applications filed on February 16 and 18, Sen, a petitioner before the Supreme Court contesting the SIR, also claimed that documents uploaded to the system were becoming "blurry" after submission and that officials were allegedly logging into the ECINET portal from locations other than where they were deputed. On February 28, West Bengal's final electoral roll is expected to be released. The Indian Express asked the EC for comment on Sen's claims, but the EC did not reply.The EC only deployed micro-observers in West Bengal, which was a first, despite announcing the SIR in nine states and three Union Territories on October 27 of last year. The EC informed the Supreme Court on February 4 that the purpose of the 8,100 micro-observers, who work for the Central Government, was to support EROs and Assistant EROs (AEROs). The EC had stated, "It is false to suggest that statutory powers have been vested in the micro-observers."
Published 25 Feb 2026 05:54 PM
A new system is implemented by Priyanka Gandhi to choose Congress candidates for the Assam elections.
Senior state leaders are typically summoned to the nation's capital for the screening committee's meeting with the state election committee (SEC) in Delhi. The three committee members have been given five districts each by Priyanka ji, who has instructed them to visit these areas in order to get input from stakeholders and local leaders. The three leaders are currently visiting local media, civil society activists, and cadres in the three areas. All of these sessions are private, and the results will be presented to the screening committee at its next meeting," the source stated. If Vadra's trial is successful and the system functions effectively, the AICC may think about adopting it for next state elections, a senior AICC leader told The Indian Express. According to the leader, "this system could be emulated in other upcoming elections, regardless of how we do in the Assam polls in terms of winning seats."The rest of the state would be discussed later, but the exercise is currently taking on in Upper Assam. Additionally, the split was made using the districts' social engineering. Since Ulaka is a tribal leader himself, he has been allocated several districts with a sizable population of tribal communities, whereas Masood has been allotted districts with a sizable Muslim population, the source said.
Published 18 Feb 2026 05:52 PM
Updates for the 10th day of the Parliament Budget Session The Government-Opposition deadlock ends, and both Houses begin discussing the budget
The Lok Sabha began discussing the Union Budget on Tuesday, February 10, 2025, in the afternoon, signaling the end of the impasse between the opposition and treasury benches. The discussion had been delayed for days due to the opposition's insistence that LoP Rahul Gandhi be given the opportunity to speak on a number of topics. Following two adjournments, the House reconvened at 2 p.m., and the Speaker, Krishna Prasad Tenneti, invited Congressman Shashi Tharoor to commence the debate. The Thiruvananthapuram MP then began discussing the matter. Soon after opposition parties filed a notice to introduce a motion to oust Om Birla as Speaker of the Lok Sabha, the thaw occurred. Sukhendu Sekhar Roy of the Trinamool Congress emphasized that rising inequality could cause a "social upheaval," akin to what was seen in neighboring countries, as opposition parties criticized the government for failing to address issues like unemployment and inflation in the Union Budget during the budget discussion."If the situation is not brought under control, I fear that the country will soon experience social unrest similar to what has recently occurred in some of our neighboring countries. We have never witnessed such skyrocketing inequality between the rich, super rich, upper middle class, middle class, and the poor," Mr. Roy stated.
Published 11 Feb 2026 11:06 PM
Revanth Reddy at a Christmas event Will bring law to punish those who insult other religions
Telangana Chief Minister A Revanth Reddy announced on Saturday that his government would enact a new rule to punish individuals who disparage religions while taking part in the Christmas festivities of all Christian denominations in the state. A bill on this will be introduced in the Assembly shortly, according to the CM."To punish people who disparage other religions, we will introduce a law in the Assembly. At an annual pre-Christmas celebration held at Hyderabad's L B Stadium, which is attended by the state's chief minister, Reddy declared, "We will also amend the existing Acts to punish those who abuse other faiths."The CM stated that everyone should respect religions other than their own and that the new law would seek to "stamp out religious hatred and punish those who insult other religions." Reddy added that the government had already "dealt with those who spread religious hatred and attacks" and that the current laws would be changed to guarantee severe punishment for anyone who mistreat other religions.
Published 21 Dec 2025 11:15 PM
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Finance & Stock Market Trend
All Trending News in India
Google introduces Genie, an AI platform which can help you generate video games
Artificial intelligence (AI) is blurring the boundaries between imagination and reality. From ChatGPT to Mid-Journey, we have already been introduced to how we can create anything by stimulating our minds. Recently, OpenAI introduced Sora, which offers a text-video AI generator. So, what's next? Well, now Google's DeepMind team has unveiled "Genie" - a new model capable of creating interactive 2D video games from a single image prompt or text description.In simple terms, Google Genie is an AI platform that generates interactive video games. Developed by Google DeepMind's Open-Endedness Team, this groundbreaking research project holds immense potential for the future of entertainment, game development, and even robotics. Google explains that Genie is a "world model" trained on a massive dataset of 200,000 hours of unlabelled video footage primarily from 2D platformer games. Unlike traditional AI models that require explicit instructions and labelled data, Genie learns by observing the actions and interactions within these videos, allowing it to generate video games from a single prompt or image. Imagine the Genie as a skilled chef preparing a complex dish. Just as a chef breaks down ingredients into smaller portions for easier handling, the Video Tokenizer efficiently processes massive video data into manageable units called "tokens." These tokens serve as the fundamental building blocks for the Genie's understanding of the visual world. In the second step, after finely chopping the tokenized video data, the Latent Action Model takes center stage. It acts like a seasoned culinary expert, meticulously analysing transitions between consecutive frames in the videos. This analysis enables it to identify eight fundamental actions-the essential "spices" in the Genie's recipe. These actions can range from jumping and running to interacting with objects within the game environment.Finally, comes the process of Dynamics Model-the creative cook who brings everything together. Similar to a chef predicting how flavours will interact based on chosen ingredients, this model predicts the next frame in the video sequence. It takes into account the current state of the game world, including the player's actions (the chosen "spice"), and generates the subsequent visual result accordingly. This continuous prediction process ultimately creates the illusion of an interactive and engaging game experience.
Published 27 Feb 2024 09:45 PM
Interacting with humanoid robot is fun, but it also feels a little creepy
At MWC 2024, I got a chance to interact with the humanoid robot and the experience was extraordinary. What I am most surprised about is the striking resemblance between humans and the robot in terms of facial expressions, conversing and more.Have you ever imagined having a conversation with a humanoid robot? If the answer is yes, then I can tell you it is way too much fun to chat with a human robot. Engineered Arts, which is a British company, showed off its second-generation Ameca robot at MWC 2024. It is the most advanced human-robot yet because it is powered by GPT 4, the latest Large Language Model (LLM) by OpenAI, also used by Microsoft's Copilot. At MWC 2024, I got a chance to interact with the humanoid robot and the experience was extraordinary. What I am most surprised about is the striking resemblance between humans and the robot in terms of facial expressions, conversing and more. Engaging in conversations felt remarkably natural. Since it is powered by ChatGPT, you can ask it any question and it can quickly answer it. The facial expressions are quite real. It can smile, dance, or even converse with you like a human. It can basically be your friend. The eyes of the robot almost seem very human-like and the expressions that it gives are very REAL. When you are looking at the robot for more than 2 seconds, it stares at you and feels a little creepy. The robot has cameras in its eyes and a microphone is incorporated in the ears that are not visible to users. The second generation robot operates on battery and it needs to be connected to the internet as well. The wired charging option is also available for a different model. But, as these humanoid robots become more integrated into our daily lives, questions arise regarding the ethical implications of human-robot interactions. How do we ensure that these robots are programmed to prioritize human safety and well-being? What measures are in place to prevent misuse or manipulation of these technologies? And perhaps most importantly, what impact will prolonged interactions with humanoid robots have on human psychology and social dynamics?
Published 27 Feb 2024 09:44 PM
Foreign funds binge on Indian debt; what does it mean for the rupee?
Foreign money is already pouring into Indian debt ahead of their scheduled inclusion into JPMorgan and Bloomberg's global bond indices in August and September, respectively.Foreign portfolio investors (FPIs) net bought a little over $2 billion of Indian debt in February, after having pumped in $2.5 billion last month. January’s purchases were the highest monthly inflows into the debt market in more than six years. In comparison, FPIs have net sold around $3.5 billion worth of equity shares so far in 2024. FPI investments into Indian debt has been steadily rising since October when the proposed inclusion in the JP Morgan global bond index was announced.The strong foreign flows also provide a support to the rupee, because foreign investors need to convert dollars to rupees when investing in Indian bonds. This boosts demand for the rupee, and helped offset some of the pressure caused by FPI selling of equities. So far in 2024, the rupee has risen 0.4 percent. It was also the top three least volatile emerging market currencies in 2023. However, a stronger rupee also has drawbacks too. India’s exports become less competitive compared to producers in countries with weaker currencies. If demand for exports goes down, it means less dollars coming into the country. So far in 2024, the rupee has risen 0.4 percent. It was also the top three least volatile emerging market currencies in 2023. However, a stronger rupee also has drawbacks too. India’s exports become less competitive compared to producers in countries with weaker currencies. If demand for exports goes down, it means less dollars coming into the country. As for the rupee, looking at USD/INR rate, Mishra expects to see low volatility for the next 12 months. "The RBI also has the ammunition to dampen volatility on both sides, however, if we were modelling USD/INR, I would still anticipate mild depreciation. In case, we do start to get a lot of inflows, the RBI will tap into its reserves and keep the rupee down maybe 1-2 percent," Mishra stated in an interaction with Moneycontrol.
Published 27 Feb 2024 09:43 PM
Juniper Hotels likely to see muted debut, grey market premium absent
Juniper Hotels is likely to see a muted debut on February 28 despite positive market conditions. Tepid IPO subscription numbers and the loss-making status of the company, which is owned by the hotel developer Saraf Group and global premier hospitality brand Hyatt Hotels Corporation, may be among the key reasons for the flat listing, analysts said. The Rs 1,800-crore public issue had seen a subscription of 2.08 times during February 21-23, with qualified institutional investors buying 2.96 times the reserved portion, and retail investors picking 1.28 times the allotted quota. The portion set aside for non-institutional investors was subscribed 0.85 times. The IPO was comprised of only a fresh issue portion. An amount of Rs 1,500 crore of the net fresh issue proceeds will be utilised to repay debts and the remaining funds will be used for general corporate purposes. At the upper band of Rs 360, the company is valued at Rs 8,010 crore. "Based on annualised FY24 earnings and fully diluted post-IPO paid-up capital, the company’s operational metrics remain healthy, but interest costs are weighing on profitability bringing the bottom line to net loss," Tapse said. Juniper Hotels, which competes with listed peers like Indian Hotels Company, EIH, Lemon Tree Hotels, and Chalet Hotels, has been a loss-making company, though the losses reduced considerably in the year ended March FY23 at Rs 1.5 crore from a loss of Rs 188 crore in FY22. But revenue from operations more than doubled to Rs 666.85 crore against Rs 308.7 crore during the same period. Further, the losses in the six months ended September FY24 increased to Rs 26.5 crore from Rs 17.5 crore in the same period previous fiscal, though there has been growth in revenue from operations rising to Rs 336.1 crore from Rs 294.3 crore during the same period. As far as the grey market is concerned, its IPO shares are not getting any premium, the market observers said. The grey market is an unofficial platform for trading in IPO shares till the listing. Being in the luxury hotel development and ownership space, Juniper Hotels has a portfolio of seven hotels and serviced apartments with a total of 1,836 rooms, under three distinct segments namely luxury (the Grand Hyatt Mumbai Hotel and Residences and Andaz Delhi), upper upscale (the Hyatt Delhi Residences, Hyatt Regency Ahmedabad, Hyatt Regency Lucknow and Hyatt Raipur; and upscale (Hyatt Place Hampi).
Published 27 Feb 2024 09:42 PM
Vodafone Idea set for Rs 20,000 crore fundraise; shareholders nod awaited
Vodafone Idea Ltd is set to raise Rs 20,000 crore through a mix of equity and equity-linked instruments after having received the go ahead from the company's board.In an official statement filed with the exchange, the company stated, "The Board has also authorised the management to appoint various intermediaries, including bankers and counsels to execute the fund raise." To get the green light for the fundraising, the telecom company plans to hold an extraordinary general meeting with its shareholders on April 2.If shareholders give their nod, the company aims to wrap up the equity fundraising in the upcoming quarter. Alongside the fundraising, Vodafone Idea is actively working with its lenders to secure debt funding, which will complement the equity fundraising.Notably, the promoters have pledged to join in the equity raise, as previously committed, Vodafone Idea confirmed. "The equity and debt fund raising will enable the company to make investments towards significant expansion of 4G coverage, 5G network rollout and capacity expansion. These investments will enable the company to improve its competitive positioning and offer an even better customer experience," the company stated, explaining the purpose behind the fundraising. As of the end of December, Vodafone Idea's gross debt amounted to Rs 2.15 lakh crore. This includes deferred spectrum payment obligations, AGR liability due to the government, optionally convertible debentures, and dues towards banks and financial institutions. Despite its financial challenges, Vodafone Idea has been steadily growing its 4G subscriber base and average revenue per user (ARPU) for the past 10 quarters.Currently, Vodafone Idea's bank debt is relatively modest, standing at less than Rs 4,500 crore.
Published 27 Feb 2024 09:41 PM
Next-gen reforms top of agenda for govts third term: FM Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said the next-generation reforms would be on top of the government’s agenda in its third term. The plan will touch upon factors of production, such as land, labour, capital, and entrepreneurship, along with digital infrastructure. Her statement comes a day after she met startup and fintech ecosystem stakeholders to address their concerns and encourage them to continue innovations while keeping a close watch on regulatory norms. “The reforms will touch on all factors of production — be it land, labour or capital. I’ll also add one, which may not fit into the traditional definition of what factors of production are, and that is digital infrastructure,” she said at the Federation of Indian Chambers and Commerce of Industry’s national conclave on Viksit Bharat@2047: Viksit Bharat & Industry. The government, she said, was looking at investment and innovation in artificial intelligence, policy support for expanding the space sector and semiconductor, precious metals and their warehousing as well. It will also ramp up investment in the logistics sector that has immense untapped potential along with tourism. She said India had shown how public investment is creating digital infrastructure at the bottom, and scaling it up has given the country the proverbial India stack — building it up brick by brick. “The reason why the prime minister is confident that a third term (for the government) is going to ensure India reaches the level of the third- largest economy is because of the push in these areas. Not just fiscal push, but legislative and other push as well,” Sitharaman said. During the Group of 20 (G20) summit, the finance minister said, countries expressed their appreciation of what India had done in terms of spreading the digital public infrastructure and its virtue in scaling up the development goals. “This is your modern day factor of production, without which you won't be able to scale up and bridge the gap between those who are still aspiring to develop and move forward,” she said. Pushing the industry to increase investments, Sitharaman said they should move forward with a great speed if global investments are coming in and look for greater joint venture partners around the world. “They’re coming in because they see prospects here…It is time for Indian industry to join this game in a big way,” she added.
Published 27 Feb 2024 09:40 PM
The many failures behind each ‘success story’
A few years ago, I was talking about success and failure at a start-up event. The convention is to end by wishing the assembled entrepreneurs great success, which, honestly, no one notices because it’s a bit like asking “How are you doing?” and not waiting for an answer. Instead, I started by wishing the audience lots of failures. After the initial surprise, I managed to get their undivided attention and we had a wonderful discussion on the following points.
Published 27 Feb 2024 09:40 PM
Hero Mavrick 440 review, first ride
Hero MotoCorp has been the number-one player in the world for a while now. But that has been solely on the premise of sales basis, which are dependent on entry-level commuter motorcycles. However, the company also aspires to become a strong player in the premium segment. As a result, we have seen the emergence of bikes like the Xpulse, Karizma XMR, and even the Harley-Davidson X440. But now comes the time to take on the king of the middleweight motorcycles with the Mavrick 440.The Mavrick 440 shares the same platform as the Harley-Davidson X440 which was co-developed by Harley-Davidson and Hero MotoCorp. However, the Harley was conceptualised as a cruiser compared to the Hero which is more of a roadster. As far as the design is concerned, the Mavrick 440 looks better proportioned. The bike rides on 17in alloy wheels and features chunky 43mm telescopic forks up front. The headlamp is an all-LED affair and also comes with a sensor that activates the headlights when it goes dark. The instrument panel is an all-digital affair and comes with numerous functionalities, including Bluetooth connectivity. However, the unit is a bit small, and especially the tacho is hard to read on the go. Coupled with a wide handlebar, a comfortable 803mm seat height, and neutrally placed footpegs, the Mavrick 440 promises long hours of comfortable riding. The fuel tank is quite a large unit and can take in 13.5 litres of fuel. This promises a long range for the Mavrick 440. The fuel tank also houses a small USB charging port. With a phone mounted on the handlebar, this comes in handy for keeping devices charged on the go. At the back, the design is minimalist and is finished off with a small but bright H-pattern LED taillight. The rear mudguard though is quite a large one and a tail tidy would make this bike quite a looker. When it comes to the chassis, the Mavrick 440 uses the same Trellis frame as seen on the Harley X440. However, the rear section has been reworked to suit the roadster design. The engine too remains identical. The air-oil cooled 2 valve single displaces 440cc and offers 27bhp and 36Nm of torque. Hero has also worked on the exhaust note of the bike and not only does the exhaust look better designed, but also gets its unique soundtrack. The rear suspension is a twin-shock setup that is adjustable. The bike weighs in at 187kg which is a comfortable number for most to handle.
Published 27 Feb 2024 09:39 PM
BYD Seal EV launch in India on March 5, here are important details you should know
Chinese EV manufacturer BYD will launch its electric sedan, the BYD Seal, in India on March 5. This will be the company's third model here after the BYD e6 electric MPV, which starts at Rs 29.15 lakh (ex-showroom) and the BYD Atto 3 electric SUV, which begins at Rs 33.99 lakh (ex-showroom).The BYD Seal EV will reportedly enter India via the completely built-up (CBU) route. With its price close to Rs 50 lakh (ex-showroom), we might see it competing against the Hyundai Ioniq 5, which is priced at Rs 46.05 lakh (ex-showroom). According to a report by Autocar India, the BYD Seal EV will have an 82.5kWh battery pack paired with a 230hp/360Nm permanent magnet synchronous motor, which will be mounted on the rear axle.The BYD Seal EV will have a claimed range (WLTP) of 570km on a single full charge. The 0-100kmph acceleration will be in 5.9 seconds. With blade technology, the BYD Seal EV's battery will have a 10-80% charge time of roughly 37 minutes using a 150kW charger. A 0-100% charge can be achieved in 8.6 hours with a regular 11kW AC charger. While the aforementioned specifications are for the entry-level RWD variant of the BYD Seal EV, the electric sedan could also have a higher 530hp dual-motor AWD variant with a claimed range of 520km.
Published 27 Feb 2024 09:38 PM
Nothing Phone 2a virtual unboxing video shows design, Glyph lights: Details
Nothing is slated to launch the Phone 2a in India on March 5. Ahead of the launch, the British consumer technology startup runs a virtual unboxing video, which reveals the smartphone’s design and Glyph interface. Available on Nothing official handle on X (formerly Twitter), the virtual unboxing video highlights the horizontal camera island and transparent back cover on the rear. The Nothing Phone 2a back panel appears to be following the design language from the company’s previous smartphones. The smartphone appears to have a transparent back glass, showcasing certain elements from the inside of the smartphone. However, the biggest change is the horizontally placed dual-camera setup, which is aligned centrally. For reference, the Phone 2a camera placement is unlike the Nothing Phone (1) and Phone (2). Both these smartphones had vertically placed camera modules towards the top-left side. The video also confirms that the Nothing Phone (2a) will have the Glyph interface with light bars around the camera module. The frame also looks like it has a matte texture rather than a shiny metal finish. The Nothing Phone (2a) is set to launch in India on March 5 in an in-person launch event at Dwarka, Delhi. The company is selling tickets for the launch event that are available on PayTM Insider for Rs 999.In a run up to the launch, Nothing has confirmed several key specification details for the Phone (2a). The company previously announced that the smartphone will be powered by a custom-built MediaTek Dimensity 7200 Pro chipset accompanied by 12GB RAM. The smartphone will feature 8GB virtual RAM that Nothing calls “RAM Booster”. The MediaTek Dimensity 7200 Pro powering the Phone (2a) is based on TSMC's latest second-generation 4nm process technology. According to the company, the chip has 8-core configuration with clocking speeds up to 2.8 GHz. According to media reports, the Phone (2a) will feature a 50MP Samsung S5KGN9 1/1.5-inch main sensor alongside a 50MP Samsung S5KJN1 1/2.76-inch ultra-wide-angle sensor at the back. On the front, the Nothing Phone (2a) will likely get a 32MP Sony IMX615 camera sensor.
Published 27 Feb 2024 09:35 PM
HONOR Magic 6 Pro with AI-powered features unveiled at MWC 24: Details here
Chinese smartphone brand HONOR has unveiled the Magic 6 Pro smartphone at the Mobile World Congress in Barcelona, US. The smartphone will be available in select countries and regions, including Europe, China, Malaysia, UAE, Saudi Arabia, and Mexico. HONOR has not confirmed India availability yet. Powered by the Qualcomm Snapdragon 8 Gen 3, the HONOR Magic 6 Pro smartphone boasts built-in AI capabilities leveraging open source LlaMA 2 AI model. Some of the AI features that will be available out-of-the-box include offline text generation and summarisation tools for long-form content. HONOR introduced MagicOS 8.0, based on Android, with the Magic 6 Pro. It is said to incorporate the company’s AI features for smartphones such as “Magic Portal”, which the company said uses AI to understand the user's usage pattern and behaviour for personalised suggestions. According to the company, the Magic Portal is capable of recognising addresses in a text message and directs users to Google Maps with a tap. HONOR said that the portal will also facilitate “image-based shopping experiences”. The company also announced that it would add more AI-powered features to the Magic 6 Pro smartphone in future such as the “AI-powered eye-tracking systems”. Currently in the experimental stage, the feature would allow users to control the smartphone and other connected smart devices hands-free – using eye-tracking from smartphone sensors.
Published 27 Feb 2024 09:35 PM
Makes sense to give Russia multiple options, says EAM S Jaishankar
It's important for Asian countries to engage with Russia at a time when the West has shut its doors on Moscow, External Affairs Minister S Jaishankar said on Friday.“Russia is turning more towards Asia and other parts of the world. It makes sense to give Russia multiple options,” Jaishankar said at a panel discussion at the ongoing Raisina Dialogues. He said Russia was a power with an enormous tradition of statecraft. “If we railroad Russia into a single option, and say that's the outcome, then you are making it a kind of a self-fulfilling prophecy." As the world prepares to mark the second anniversary of Russia’s Ukraine invasion this week, Moscow has become the largest supplier of crude oil to India, up from the ninth spot. In the first nine months of the current financial year (FY24), 34 per cent of India's crude oil imports came from Russia, up from 19.2 per cent in FY23. This comes even as Western powers have persuaded New Delhi to desist purchases from Russia. "Such powers would never put themselves into a single relationship of an overwhelming nature," Jaishankar said, when asked about Russia's perceived closeness to China, and whether that would work against India's interests going forward. Jaishankar also spoke about how arriving at and maintaining an equilibrium with China was going to be one of the biggest challenges for India-China ties. "Since the late 1980s we have had an understanding on the border precisely because it suited both of us. There was a departure on their side after 30 years," he said. On the economic front, Jaishankar said the economies of both nations were predicted to reach $50 trillion by around 2075, quoting JP Morgan data. "Both of us (China and India) are rising, obviously at different paces, with different starting points. The Chinese started off earlier, and much more intensely than we did. But it's in the nature of things that at some stage everybody flattens out," he said.
Published 27 Feb 2024 09:34 PM