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Kolkata’s Semicon Dream: Mamata’s High-Tech Hopes or Just Another Political Mirage?

Kolkata is gearing up to become the hub of India’s semiconductor industry with the launch of GlobalFoundries’ (GF) project, as announced by Chief Minister Mamata Banerjee. She highlighted ongoing efforts by the West Bengal government to attract investment in emerging technologies, which led to this significant American investment. The project has identified land for development, ...

September 28, 2024

India’s wealthiest surpasses trillion; household assets soar, driven by equity investments, revealing a shifting financial landscape.

India’s wealthiest surpasses $1 trillion; household assets soar, driven by equity investments, revealing a shifting financial landscape.

The wealth of India’s richest individuals has surpassed $1 trillion, reaching an impressive $1.19 trillion, as reported by Fortune India. Additionally, a report from Motilal Oswal reveals that household financial wealth has hit a record high of 115.9% of India’s GDP in the first quarter of FY25. Households have seen their gross financial assets rise ...

September 28, 2024

Kejriwal’s Road Rant: A Late Call to Action or Just Political Theater?

Former Chief Minister Arvind Kejriwal has expressed his deep concern about the poor state of roads in Delhi. On Friday, he wrote to the current Chief Minister, Atishi, urging her to prioritize road repairs. Kejriwal noted that during his recent inspections, he found the roads in worse condition than before his incarceration, blaming a lack ...

September 28, 2024

India slashes rice export duties to boost shipments, as bumper harvests promise lower prices and renewed access to global markets.

India has reduced the export duty on parboiled rice from 20% to 10% due to rising inventories and an upcoming harvest. This change will make Indian rice more competitive globally, potentially driving prices down in countries like Thailand and Vietnam. The export duty for brown rice and husked rice has also been cut to 10%, ...

September 28, 2024

Yogi’s Bold Claims: Is Pakistan’s Terrorism Support Leading to Its Fragmentation or Just Election Hyperbole?

During a rally in Jammu, Uttar Pradesh Chief Minister Yogi Adityanath issued a strong warning to terrorists supported by Pakistan, stating that any attempts to incite violence would be met with severe consequences. He emphasized India’s zero-tolerance policy towards terrorism and claimed that under the current government, the region has seen peace and development since ...

September 28, 2024

In a dramatic turn of events, Delhi’s Arvind Kejriwal was arrested for alleged money laundering, igniting fierce protests prior to Lok Sabha polls.

In March 2024, Arvind Kejriwal, the then Chief Minister of Delhi, was arrested on allegations of money laundering linked to corruption in liquor license awards. This marked a significant political event, as Kejriwal became the first sitting chief minister in India to be taken into custody. The arrest came just ahead of the Lok Sabha ...

September 28, 2024

Father of Badlapur Assault Accused Seeks Police Protection: A Disturbing Twist in a Political Conspiracy Drama

The father of Akshay Shinde, accused in the Badlapur sexual assault case, has reached out to Union Home Minister Amit Shah and Maharashtra Deputy Chief Minister Devendra Fadnavis, seeking police protection for his family. This request follows threats they have reportedly received after Shinde’s death, which he claims was a politically motivated murder. Akshay, aged ...

September 28, 2024

India’s foreign exchange reserves soar to a historic 2 billion, marking a fifth consecutive weekly record, nearing 0 billion.

India’s foreign exchange reserves soar to a historic $692 billion, marking a fifth consecutive weekly record, nearing $700 billion.

India’s foreign exchange reserves have reached a new record high of $692 billion, marking an increase of $2.8 billion for the week ending September 20, as reported by the Reserve Bank of India (RBI). This milestone represents the fifth consecutive week of growth, edging closer to the $700 billion goal. The boost in reserves was ...

September 28, 2024