Browsing yearly archive

2025

Indian space startups have been selected for a collaborative Indo-US defense program.

For the first time, seven Indian space startups have been chosen to take part in a significant Indo-US defense collaboration program, representing a major achievement for India’s private space industry. Companies such as KaleidEO, EtherealX, and Aadyah Space will have the opportunity to tap into the extensive U.S. defense and space markets, along with receiving guidance from industry leaders like Lockheed Martin and Northrop Grumman. This initiative, which is part of the India-U.S. Defense Acceleration Ecosystem launched in 2023, seeks to promote innovation in satellite technology, space observation, and advanced…

SpaceX’s Starship test encountered a setback following a successful booster recovery.

In a mixed outcome for SpaceX the latest test flight of its Starship ended in failure, even though a significant milestone was reached. The Super Heavy booster was successfully captured by mechanical arms at the launch pad in Boca Chica, Texas, marking only the second time the company has accomplished this. However, the Starship spacecraft, which was intended to complete a suborbital flight and deploy dummy satellites, experienced engine issues about 8.5 minutes into the flight. This resulted in a loss of contact and ultimately the destruction of the vehicle….

Reliance Industries has announced a remarkable 11.9% increase in profits for the third quarter.

Reliance Industries Ltd (RIL) announced an 11.9% increase in net profit for the October-December quarter of FY25, totaling ₹21,804 crore. Consolidated revenue also saw a rise of 7.7%, reaching ₹2.67 lakh crore, showcasing solid growth across its main business areas. The company’s digital division, Jio Platforms Ltd (JPL), experienced a 19.2% increase in revenue to ₹38,750 crore, with net profit climbing by 26% to ₹6,861 crore, fueled by higher tariffs and an increase in subscribers. In addition, Reliance Retail Ventures Ltd reported a 10% rise in net profit to ₹3,458…

Meta has decided to exclude paid advertisements from the ‘Community Notes’ feature.

Meta has announced that its Community Notes initiative, which allows users to help fact-check organic content on its platform, will not apply to paid advertisements. This means that advertisers won’t be subject to the same community-driven review system that regular user posts undergo. The Community Notes program enables users to provide context and correct misinformation in posts, aiming to enhance the accuracy of information shared on Meta’s platforms, including Facebook and X. However, paid ads will still go through Meta’s internal review processes, following the company’s advertising policies and guidelines….

Infosys reports an 11% increase in profit, leading to an upward revision of its full-year revenue forecast.

Infosys has announced an 11% rise in profit for the latest quarter, thanks to robust demand for its digital and cloud services. The IT giant’s net profit reached ₹6,588 crore ($800 million), compared to ₹5,933 crore ($724 million) from the same period last year. In light of this strong performance, Infosys has updated its full-year revenue growth forecast to 6%-8%, an increase from the earlier estimate of 5%-7%. This adjustment reflects the company’s confidence in the ongoing demand for technology solutions as businesses continue to invest in digital transformation. The…

DJI has introduced the Flip, a compact drone that boasts an impressive 30-minute flight time.

DJI has introduced its latest drone, the DJI Flip, which aims to strike a perfect balance between portability, user-friendliness, and impressive flight capabilities. As one of the lightest models in DJI’s range, the Flip is designed for both newcomers and seasoned drone enthusiasts seeking a straightforward, high-performance flying experience. A key highlight is its ability to remain airborne for up to 30 minutes on a single charge, enabling users to capture more footage or explore their surroundings without the need for frequent recharges. The Flip’s compact design allows it to…

Hindenburg Research has officially shut down, with Nate Anderson disbanding the firm.

In a surprising turn of events, Nate Anderson, the founder of Hindenburg Research, announced on Wednesday that the well-known U.S.-based financial research firm is closing its doors. Hindenburg gained international recognition for its explosive short-selling reports, which exposed alleged corporate fraud and financial misconduct in companies like Nikola, Adani Group, and Lordstown Motors. The firm’s investigations frequently triggered market turmoil and highlighted issues in corporate governance, establishing its reputation as a bold watchdog in the financial sector. However, Anderson’s decision to dissolve the firm has left analysts and investors pondering…

ISRO’s SpaDeX has made India the fourth nation to successfully achieve satellite docking

India has reached a remarkable milestone in space technology with the successful completion of the SpaDeX (Space Docking Experiment) mission by the Indian Space Research Organisation (ISRO). With this achievement, India joins the ranks of the United States, Russia, and China as the fourth nation to demonstrate the ability to dock satellites in orbit—a crucial capability for advanced space exploration. Satellite docking is a complex process that involves joining two spacecraft in orbit, demanding exceptional precision and state-of-the-art technology. This accomplishment represents a significant advancement for India’s space program, opening…

Rural India is experiencing a quicker growth in the FMCG sector compared to urban markets.

FMCG companies are increasingly focusing on rural India, where consumption has been growing faster than in urban areas in recent quarters. The rise in rural consumption has been supported by a series of good monsoons, which have significantly increased household incomes in these regions. As the demand for daily essentials rises in the hinterlands, FMCG firms are expanding their presence in these markets, adapting their strategies to meet the needs of rural consumers. The positive impact of the monsoons has led to greater spending power among rural households, which is…

India is set to surpass Japan and become the fourth largest economy by 2026

India is expected to surpass Japan and become the world’s fourth-largest economy by 2026, as reported by the PHD Chamber of Commerce and Industry (PHDCCI). The organization has predicted a 6.8% growth in India’s GDP for the current financial year, with an even more optimistic 7.7% growth anticipated for FY26. Hemant Jain, President of PHDCCI, commended the resilience of the Indian economy, highlighting its steady recovery and strong performance over the past three years. “India’s growth story is on a clear upward trajectory. We are set to overtake Japan, marking…