Cristiano Ronaldo Tops 2025’s Highest-Paid Athletes List: Cristiano Ronaldo has once again proven his dominance in the world of sports by securing the top spot on the 2025 list of highest-paid athletes. According to reports, the Portuguese football star earned a staggering $285 million, combining his $200 million annual salary from Saudi Arabian club Al […]
Day: February 18, 2025
Deregulation Commission to Reduce State’s Role in Governance
Deregulation Commission to Reduce State’s Role in Governance: Prime Minister Narendra Modi announced the formation of a Deregulation Commission aimed at reducing the role of the state in governance. Speaking at the ET Now Global Business Summit, Modi emphasized the government’s commitment to eliminating bureaucratic hurdles and promoting ease of doing business. This move aligns […]
Bank of Maharashtra Receives RBI Approval to Establish Branch in GIFT City
Bank of Maharashtra Receives RBI Approval to Establish Branch in GIFT City: The Reserve Bank of India (RBI) has granted permission to the Bank of Maharashtra (BoM) to set up a branch in Gujarat International Finance Tec-City (GIFT City). This strategic move aims to enhance BoM’s offshore banking operations from India, aligning with the bank’s […]
Meta’s 50,000 km Cable to Boost India-US Digital Connectivity
Meta’s 50,000 km Cable to Boost India-US Digital Connectivity: Meta has launched an ambitious project named Project Waterworth, which will lay down a 50,000-kilometer undersea cable to improve digital connectivity between India and the United States. This initiative is expected to offer faster and more reliable internet services across multiple regions, not just between India […]
BHARAT TEX 2025
BHARAT TEX 2025: BHARAT TEX 2025, one of the largest global textiles events, is returning with its second edition from February 14 to 17, 2025. This prestigious event, backed by the Ministry of Textiles, aims to showcase India’s textile industry to the world by bringing together key stakeholders, including manufacturers, buyers, industry experts, and innovators.The […]
SEBI has launched a dedicated portal
SEBI has launched a dedicated portal: Securities and Exchange Board of India (SEBI) has launched a dedicated portal for Related Party Transactions (RPT). This move is aimed at streamlining the reporting and monitoring of RPTs, ensuring that listed entities adhere to stringent disclosure norms. The new RPT portal represents a significant effort in SEBI’s ongoing […]
President Droupadi Murmu Inaugurates National Tribal Festival ‘Aadi Mahotsav’ in New Delhi
President Droupadi Murmu Inaugurates National Tribal Festival ‘Aadi Mahotsav’ in New Delhi: The National Tribal Festival ‘Aadi Mahotsav’ was inaugurated by the President of India, Smt. Droupadi Murmu, in New Delhi on February 16, 2025. The festival, organized by the Ministry of Tribal Affairs, is a celebration of India’s rich tribal heritage, culture, and traditions. […]
Fitch Ratings predicts a 10 basis points decline in Indian banks’ net interest margins (NIMs) in FY26
Fitch Ratings predicts a 10 basis points decline in Indian banks’ net interest margins (NIMs) in FY26: Indian banks are set to experience a decline in their net interest margins (NIMs) by an estimated 10 basis points in the financial year 2025-26, as per a report by Fitch Ratings. This forecast follows the Reserve Bank […]
Philippines Set to Acquire $200 Million Akash Missile System from India
Philippines Set to Acquire $200 Million Akash Missile System from India: India is making strides in its defense exports, with a potential $200 million deal on the table for the supply of its Akash missile system to the Philippines. This deal, which is expected to be finalized in the current fiscal year, highlights India’s growing […]
JioHotstar Merger: Uniting JioCinema and Disney+ Hotstar
JioHotstar Merger: Uniting JioCinema and Disney+ Hotstar Reliance Industries and Disney have joined forces to launch a game-changing streaming platform, JioHotstar, marking the merger of JioCinema and Disney+ Hotstar. This move is aimed at consolidating India’s streaming landscape, offering a more comprehensive and diverse experience to users. By combining the strengths of both platforms, JioHotstar […]
