ED seeks ‘look out circular’ against Byju’s co-founder B. Raveendran over Foreign Exchange Management Act (FEMA) violations

The CEO and co-founder of the controversial ed-tech startup Byju’s, Byju Raveendran, is likely to get a lookout circular (LOC), as asked by the Directorate of Enforcement (ED) to the Bureau of Immigration (BOI), reported The Economic Times. The central agency asked BOI earlier this month to issue a new LOC in an effort to prevent him from leaving … Read more

The West has de-hyphenated India and Pakistan, Indian media needs to follow suit

The Indian media often enters a state of hyperactivity, whether reporting on the recently conducted elections in Pakistan or the visits of their cricket team. This persistent mindset within the Indian media detrimentally affects efforts to de-hyphenate India and Pakistan. Commentators in the international and regional media persist in equating India and Pakistan across various … Read more

Maratha Reservation Bill passed unanimously in assembly, seeks to provide 10% extra quota above 50% cap set by Supreme Court

 The Maharashtra Legislative Assembly (lower house) unanimously passed the Maratha Reservation Bill tabled on Tuesday, which intends to extend 10% reservation to Marathas above the 50% cap. The CM will now table the bill in the Legislative Council for assent after which it becomes a law. Leader of Opposition in Maharashtra Assembly, Vijay Wadettiwar, said … Read more

‘FedEx courier’ scam in Bengaluru

In India’s tech capital Bengaluru, a 66-year-old man, the CEO and founder of a software company in the city, has lost a whooping Rs 2.3 crores after falling victim to a classic courier fraud. As per a report in TOI, a person from CV Raman Nagar has filed a complaint with the East CEN Crime Police Station, … Read more

Tata Group’s market capitalisation reaches USD 365 billion, bigger than Pakistan’s entire economy

Tata Group companies have surged in value in a remarkable feat over the past year. The conglomerate’s market value has surpassed Pakistan’s GDP. As per the Economic Times report, the total market size of Tata Group is approximately Rs 30.3 lakh crore (USD 365 billion), surpassing the estimations of Pakistan’s GDP, which is around USD 341 billion. Tata … Read more

“I am smart enough to have multiple options…,” says EAM Jaishankar at Munich Security Conference

February 17-18 was an eventful weekend for India as its foreign policy acumen was displayed by External Affairs Minister S Jaishankar at the Munich Security Conference (MSC) on Saturday and earned heaps of praises from the Prime Minister at the National Convention of the BJP on Sunday. EAM S Jaishankar on 17th February reaffirmed India’s … Read more

Increased MSP, three-fold increase in fertiliser 

Police are on high alert in the national capital. There is a traffic snarl-up on the roads in Delhi. The ordinary citizens are concerned. The situation arose from the ‘Dilli Chalo’ march. The alleged farmers from Punjab have left their farms and barns, clashing with police on the Haryana border, to make their way to Delhi. … Read more

Defence Acquisition Council clears procurement of anti-tank mines

The Defence Acquisition Council (DAC), under the chairmanship of Defence Minister Rajnath Singh, accorded approval for Acceptance of Necessity (AoNs) for various capital acquisition proposals amounting to Rs 84,560 crore, an official statement said. According to the statement from the Ministry of Defence, in the true spirit of ‘Aatmanirbharta’, the approvals accorded on Friday, lay … Read more

Two multi-billion dollar full-fledged semiconductor fabs coming up soon in India 

On 18th February (Sunday), Minister of Electronics and IT Rajeev Chandrasekhar stated that two full-fledged semiconductor fabrication plants with multi-billion dollar investments are soon coming up in India. These semiconductor plants will be beside the several chip assembly and packaging units already launched and announced.   In an interview with PTI, Minister Chandrashekhar confirmed that the two projects include the … Read more

White Paper on Indian Economy 

Finance Minister Nirmala Sitharman on Thursday laid a White Paper on the Indian economy in the Lok Sabha. The White Paper gives a ‘before and after’ account of the economy, comparing the economy during the 10-year UPA rule with the 10-year NDA rule. The white paper was tabled on the last day of the ongoing … Read more