WHY
Koo founders on why the social media app is shutting down
Once considered as a rival of X (previously Twitter), Tiger Global-backed Indian social media app Koo is shutting down operations. the company founder Aprameya Radhakrishna said on social media. "As for us, we are entrepreneurs at heart and you will see us back in the arena one way or another. Till then, thank you for your time, attention, good wishes and love," Radhakrishna posted on LinkedIn.
Explained: Why is France targeting Nvidia?
France's antitrust regulator is set to charge Nvidia in relation to alleged anti-competitive practices. The move comes after dawn raids by French authorities in September last year, which sources said targeted Nvidia. The raids were the result of an ongoing probe into the cloud computing industry.
Opposition has been defeated; now they are shouting and running away: PM Modi in RS
During Prime Minister Modi's speech in the Rajya Sabha, Leader of the Opposition Kharge was denied the opportunity to speak. This led to a walkout by Congress-led bloc parties. Chairman Dhankhar condemned the walkout, calling it an insult to the Constitution. Modi re...
‘Filth on the streets’: Faizabad MP Awadhesh Prasad slams BJP for neglecting Ayodhya
Samajwadi Party MP from the Faizabad Parliamentary seat, Awadhesh Prasad, delivered his first speech in the 18th Lok Sabha on July 2nd. In his maiden speech, Prasad criticised the BJP, accusing the party of betraying the trust of the people of Ayodhya. He highlighte...
Why does Jupiter have 95 moons and Earth only one? Why moons are not pulled in by sun? Mystery unraveled, details here
Jupiter, Saturn, Uranus and Neptune are much larger than Earth, Mars, Mercury and Venus and they have larger Hill sphere radii. They are also farther from the Sun and so this star can not pull their moons in.
Misjudging market dynamics - why this can be detrimental for investors
In 2021, for instance, euphoria surrounded several newly listed companies. Many investors poured money into these companies based solely on hype, neglecting factors like profitability and growth prospects. This resulted in a correction in 2022, with several companies that previously completed successful IPOs witnessing significant value erosion.
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Why Indian IT companies are moving into New Jersey
Top Indian IT companies are zeroing in on New Jersey as its hub, with their top executives and a majority of Indian-origin engineers who work in the US making the city their base. India is New Jersey’s second-largest foreign direct investor and a majority of New Jersey’s immigrant population hails from India.
Why is Singapore the world’s most expensive city?
A report by a Swiss bank has noted that Singapore is the world’s most expensive city. Hong Kong, London, Shanghai and Monaco are some of the other cities in the ranking.
Budget 2024: What is a Budget? Why is it important? When is Budget 2024?
According to Article 112 of the Indian Constitution, the Union Budget of a year, also referred to as the annual financial statement, is a statement of the estimated receipts and expenditure of the government for that particular year. Union Budget keeps the account of the government's finances for the fiscal year that runs from April 1 to March 31.
Is your medical claim stuck? Find out why you face problems in health insurance claim settlement and how to avoid them
While health insurers can sometimes be blamed putting customers through unending hardship in clearing claims, many a times it’s the policyholder who is at fault. A significant portion of these health insurance claim rejections can be prevented by asking the right questions during policy selection, carefully reviewing policy documents, and conducting thorough research. This article explores common health insurance claim rejection scenarios and explains how to avoid them.
Why the Government needs a Budget: Understanding the importance and role
Union Budget 2024: Any political party that assumes government, whether through majority or coalition, in India shoulders significant responsibilities towards society, politics, and the economy. It is crucial to allocate resources in a manner that facilitates progress in a country as diverse as India, with its rich cultural, religious, and economic diversity.
Budget 2024: Five steps of India's Budget formation explained
Budget 2024: The Union Budget, crafted annually by the Department of Economic Affairs within the Ministry of Finance, functions as a comprehensive financial blueprint for the nation. It details projected revenues and expenditures for the forthcoming fiscal year. The preparation process for Budget 2024 commenced six months ahead of its presentation, initiating with the dissemination of Budget Circulars to pertinent ministries and departments.
Why food prices will remain high in India
Food inflation in India, driven by supply-side factors like adverse weather affecting crops, has remained at around 8 per cent year-on-year since November 2023. The elevated prices of food has prevented interest rate cuts as headline inflation exceeds the central bank's 4 per cent target. Drought, heat waves, and delayed monsoon rains have led to significant reductions in food supplies, particularly impacting vegetables, while government interventions and upcoming elections further complicate the situation.
UGC-NET cancelled: Why UGC-NET was cancelled; What will students do now? How is NET conducted?
Amid a raging row over the medical entrance exam NEET, the Union education ministry on Wednesday ordered the cancellation of the UGC-NET. This comes a day after the examination was conducted on June 18, amid a scorching heatwave in northwest India and incessant rains in eastern and southern parts of the country.
Budget FAQ: All your basic questions about Budget answered
The Union Budget of a year, also called the annual financial statement, is a statement of the government's expected income and expenditures from April 1 to March 31 for that specific year, as per Article 112 of the Indian Constitution. The Union Budget records the government's financial position for the fiscal year that begins on April 1 and ends on March 31. Revenue Budget and Capital Budget are the two parts of the Union Budget.
Why India needs micro EVs ?
The 2nd car. The small car for the city. The wife's car. The college kid’s car. The urban machine - affordable, efficient, compact, cheerful. And that’s something the small EVs can be really good at. Yet, how many EV brands are launching cars that fit that description? And those that are closest to the brief e.g. the MG Comet EV, are not exactly inexpensive.
Biggest reasons why petrol prices increase in India
Karnataka government on Saturday hiked sales tax on fuel which will make petrol and diesel costlier. Petrol will now go up by Rs 3 and diesel by Rs 3.5 per litre. Karnataka Chief Minister Siddaramaiah on Sunday defended the hike in petrol and diesel prices saying that it will ensure funding essential public services and development projects. The prices have been hiked to generate more revenue.
Why Bitcoin is the king of assets
The journey to fully grasping Bitcoin's potential often follows a predictable path. Initially met with skepticism and mockery, Bitcoin is frequently dismissed as a speculative fad or a tool for illicit activities.
Why India hardly does documentaries
India, the world's largest feature film industry, has a strong independent, especially documentary filmmaking scene. While some films, like Payal Kapadia's All We Imagine as Light and Nishtha Jain's Farming the Revolution, have won awards, the country has stopped supporting such cinema.
Why Modi is at the G7 Summit, and why G7 needs him
The Western world wants India by its side. Given the increasing economic heft of the country, India cannot be outside the major policy issues confronting the West. It will be India's 11th participation in the G7 Summit and PM Modi's fifth consecutive participation at the G7 Summit.
A day after Rahul Gandhi alleges scam, Sensex erases election result day loss to touch record high
After Rahul Gandhi's allegations of a stock market scam, Sensex erased its election result day loss, gaining around Rs 28 lakh crore in investor wealth in the last 3 days.
Why is Delhi so hot in summers? Delhi temperature, heat wave, IMD prediction
The national capital stayed under the grip of searing heat as maximum temperatures in parts of the city crossed 48 degrees Celsius on Monday with no respite from the heatwave condition in sight for the next few days. The Safdarjung observatory, considered the official marker of the city, recorded its second-highest maximum temperature of the season at 45.1 degrees Celsius, 4.7 notches above the normal, while the minimum was 29.2 degrees Celsius.
Lesson for entrepreneurs: What are the common mistakes startup founders make and how to avoid them?
India has the third largest startup ecosystem in the world, with 1.17 lakh entities (DPIIT), nearly 1,710 venture capital funds, 794 accelerators and incubators (Tracxn), and several government initiatives like Startup India. Despite this fervour and support, financial and otherwise, the startup journey is extremely difficult.ET Wealth lists the typical mistakes most founders make and tell you how to tackle these
Here are the key mistakes that founders make at different stages of building startups
When you a building a startup you must know what are the things that could go wrong while launching your dream project. To make it easier for you, we have made a list of mistakes that founders are likely to make at different stages of growth and funding of a startup.
Nifty hits record high, Sensex jumps 1,200 points. Is RBI behind the sugar rush?
Nifty hits a record high while Sensex surges 1,200 points, fuelled by RBI's Rs 2.1 lakh crore dividend for the government. Analysts anticipate positive macroeconomic effects, including potential fiscal deficit reduction and infrastructure spending boost.
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