The Prime Minister of India, Mr. Narendra Modi is on a visit to the country of Brunei now. Following this he will also visit Singapore. What Is The Focus Behind This Visit? The focus of this visit is to deepen ties between the countries and establish stronger relations. Despite there being diplomatic ties between India and Brunei since the last 40 years, this is the first time that an Indian PM is visiting the country. Following this he will also visit Singapore where he will hold discussions with Prime Minister Lawrence Wong. The Bilateral Relations His visit to Brunei comes…
Author: tripti.agarwal
IndiGo Airlines made a statement saying that they may start operations at the Pakyong Airport in Sikkim, from the forthcoming month, October. What Flights Are Expected To Be Functional? It is expected that IndiGo will launch flights from the metropolis of India, Delhi, Kolkata, Bangalore and also Hyderabad, to the Pakyong Airport. The commercial feasibility and the analytical details are being examined and debated upon at the moment. Benefits For Sikkim This airport is expected to benefit Sikkim’s economy. It will increase the tourism for this state to a huge extent and also ensure greater connectivity for several regions. What…
The leading textile and clothing company, Raymond, said that in the unfolding of the crisis in Bangladesh, it might grab onto new opportunities and shift its operations to India. What Does The Company Say? The Chairman and MD of Raymond, Mr. Singhania, has said that they have received positive signs from India and they might hence be able to take advantage of the present situation. What Benefits Would India Have For Raymond? India is equipped with better end-to-end supply capabilities and hence will save time for the company’s fabric as well as garment business. It will also make delivery for…
Avani Lekhara, India’s SH1 shooter, created history today by securing a gold at the 10m air rifle standing SH1 event, at the Paris Paralympics, while Mona Agarwal won bronze at the Women’s 10m air rifle final (SH1). Is This Avani’s First Medal? Avani Lekhara created history by securing the top podiums successively in two paralympic events. She surpassed her own previous Paralympic record of 249.6, by scoring an unbeatable 249.7 this time. She had clinched the gold in the last Paralympics too, which was held in Tokyo, she has maintained the streak this time as well. In the Tokyo Paralympics…
The UAE has launched the second phase of the Work Bundle Platform for the foreign workers, to make the UAE a more attractive destination for workers. What Exactly Was The Announcement? The announcement made talks about the launch of the second phase of the Work Bundle Platform. The aim of this platform is to make the UAE a more attractive destination for the migrant workers. The Work Bundle scheme has already been functional in Dubai since some time, and will now be extended to the other parts of UAE too. It is expected to improve the living and working conditions…
Bharti Airtel and Apple have entered into a partnership this week. Through this new strategic move, they aim to increase their market profitability, and Apple plans to increase its market penetration in the Indian markets. What Will The Partnership Lead to? The partnership between these two multimedia giants is expected to benefit the consumers by providing them access to diverse and high-quality content. The Airtel users under this new arrangement will have access to the facility of Apple TV+ along with the Apple Music service. This will further enhance their experience with the entertainment industry and give them access to…
Kevan Parekh, on Tuesday was declared as the next CFO of Apple Incorporation. This decision will be effective from the 1st of January, next year, that is 2025. Whom Is He Replacing? Mr. Kevan Parekh will be taking the position of the Chief Financial Officer which ahs been held by Mr. Luca Maestri, since 2014. Has He Been A Part Of Apple? Mr. Parekh has been associated with the company since the last 11 years. He has managed different tasks and has often been described as someone with a ‘smart intellect’ and ‘financial brilliance’. He has been a part of…
The Reserve Bank of India’s Governor, Mr. Shaktikanta Das, on Monday made the announcement of a Unified Lending Interface (ULI). What Exactly Is This Scheme? ULI is a new scheme that the RBI plans on rolling out in India in due course of time. It has already been launched as a pilot program last year and has been successful. It is expected to revolutionize the entire credit landscape. How Will It Benefit The People? This new technology will crucially reduce the time it is taken by individuals and businesses to obtain loans. This is expected to be especially useful in…
Pavel Durov, the billionaire founder of the messaging app, Telegram, was arrested and detained at Le Bourget French Airport in Paris today. Who Is Pavel Durov? Pavel Durov, 39, is the owner of the popular messaging app called telegram. This app has competed with Whatsapp, Instagram, and others and is expected to cross a billion users by next year. How Are His Relations With Russia? Durov was born in Russia and he left the place in 2014, when he refused the government’s demands to shut down the opposition groups on his app. Due to this, Telegram was also banned in…
Nestle CEO Mark Schneider has been ousted from his position in a decision made by the company. Who Is Mark Schneider? Mark Schneider had been the CEO of Nestle for a period of 8 years at the time of this decision. He has driven the company through highs and through lows, and has brought about significant transformations in its working and values. Why Was He Ousted? This decision by the world’s largest food maker firm might be owing to sudden decline in growth and underperformance since some time now. Over the last year itself, the value of Nestle’s shares have…
