Blog

Market News

Government privatizes Ferro Scrap Nigam Ltd, selling it to Japan’s Konoike Transport for Rs 320 crore, exceeding reserve price.

Government privatizes Ferro Scrap Nigam Ltd, selling it to Japan’s Konoike Transport for Rs 320 crore, exceeding reserve price.

The Indian government has approved the privatization of Ferro Scrap Nigam Ltd (FSNL), selling it to Japan’s Konoike Transport Co Ltd for Rs 320 crore. FSNL is a subsidiary of MSTC Ltd under the Steel Ministry and specializes in recovering and processing scrap from steel production. Konoike’s bid was the highest among two qualified offers, ...

Market News

Tragic Surgery Sparks Outrage: Is Rajasthan’s Bureaucracy Failing Its Finest?

Priyanka Bishnoi, a 33-year-old Rajasthan Administrative Service officer, died after surgery at a Jodhpur hospital, leading her family to accuse the doctors of medical negligence. They claim she was given an excessive dose of anesthesia during her procedure. Following the surgery, Priyanka fell into a coma and was later transferred to an Ahmedabad hospital, where ...

Market News

SpiceJet’s 8 million share sale attracts major investors amidst financial turmoil, aiming to revive its struggling operations and fleet.

SpiceJet’s $358 million share sale attracts major investors amidst financial turmoil, aiming to revive its struggling operations and fleet.

SpiceJet Ltd. has successfully attracted bids worth $358 million for its share sale, drawing interest from notable investors such as Tata Mutual Fund and Authum Investment. This move comes as the airline, based in Gurugram near New Delhi, struggles with staff furloughs and delayed tax payments. The share sale, offered at a discounted price of ...

Market News

Tragedy Strikes: Fireworks Unit Blast Sparks Outrage, Exposing Safety Negligence and Political Promises in Shambles.

A tragic incident occurred at a fireworks unit in Guhanparai, Virudhunagar, where a worker lost his life and another was injured due to an explosion. The blast happened around 9:30 am while workers were unloading chemicals. The deceased, 27-year-old G Govindaraj, died at the scene, while 19-year-old P Gurumoorthy was hospitalized. The chemical storage room ...

Market News

Union Finance Minister Nirmala Sitharaman emphasizes banks’ vital role in achieving India’s 2047 development goals through sustainable growth and technology.

Union Finance Minister Nirmala Sitharaman emphasizes banks’ vital role in achieving India’s 2047 development goals through sustainable growth and technology.

Union Finance Minister Nirmala Sitharaman emphasized the vital role of the banking sector in achieving India’s goal of becoming a developed nation by 2047. Speaking at the 90th foundation day of the Bank of Maharashtra, she outlined key pillars for a prosperous India, including economic growth, social progress, environmental sustainability, and good governance. Sitharaman urged ...

Market News

BJD’s Flip on ‘One Nation One Election’: From Cheerleader to Cautious Critic—Is Democracy on the Ropes?

Naveen Patnaik’s Biju Janata Dal (BJD), which previously supported the “One Nation One Election” proposal, has changed its stance, echoing concerns from the Opposition. The party is questioning the details of the plan adopted by the Union Cabinet, worried about potential issues like hung assemblies and constitutional crises. BJD MP Sasmit Patra emphasized the need ...

Market News

Infosys enhances its partnership with Posti, leveraging AI to revolutionize logistics and customer experience across the Baltics and Scandinavia.

Infosys enhances its partnership with Posti, leveraging AI to revolutionize logistics and customer experience across the Baltics and Scandinavia.

Infosys, the Indian IT services giant, has announced an extension of its partnership with Posti, a leading delivery and logistics company operating in Finland, Sweden, and the Baltics. This collaboration aims to enhance customer experiences and improve operational efficiency through an AI-driven approach using Infosys’ Topaz platform, which leverages generative AI technologies. Additionally, Infosys will ...

Market News

Chaos in Bihar: Rahul Gandhi Flags ‘Jungle Raj’ as Homes of Dalits Burn, While PM Remains Uncomfortably Silent

In a troubling incident in Nawada district, Bihar, twenty-one houses belonging to Scheduled Castes were set ablaze, leading to widespread condemnation. Rahul Gandhi called the attack a tragic example of injustice against the Bahujans and criticized the Prime Minister’s silence as complicity. Leaders from Congress and RJD condemned the violence, highlighting the lawlessness under the ...

Market News

Finance Minister Nirmala Sitharaman urges banks to drive India’s development goals by 2047, emphasizing the need for security in digital banking.

Finance Minister Nirmala Sitharaman urges banks to drive India’s development goals by 2047, emphasizing the need for security in digital banking.

Union Finance Minister Nirmala Sitharaman emphasized the vital role of the banking sector in transforming India into a developed nation by 2047 during a recent event celebrating the 90th Foundation Day of the Bank of Maharashtra. She highlighted the need for banks to support infrastructure growth, provide targeted funding for MSMEs, and include unbanked populations ...

Market News

Protests for Women’s Safety: Men Take Center Stage While Female Voices Fade in Tragic Medical College Controversy

The tragic rape and murder of a 31-year-old trainee doctor at R.G. Kar Medical College has sparked widespread protests in Kolkata, focusing on women’s safety and justice. However, many female doctors feel sidelined as male doctors dominate the movement. Gauri Seth, a resident doctor, expressed frustration that while the protests began as a fight for ...

DeFi Explained: Simple Guide Green Crypto and Sustainability China’s Stock Market Rally and Outlook The Future of NFTs The Rise of AI in Crypto