News

22 Feb

United States Plans AI Regulations to Prevent Tech Misuse

Sonakshi SarkarInternational

The United States government is working on a new set of regulations to oversee the development and use of artificial intelligence. The proposed laws aim to prevent AI-driven misinformation, protect privacy, and ensure ethical AI usage in industries such as healthcare, finance, and law enforcement. Officials are consulting with technology companies, researchers, and policymakers to establish a balanced regulatory framework. The initiative comes amid concerns about AI-generated content influencing elections and employment sectors. If passed, these laws could set a global precedent for responsible AI development.

21 Feb

Bangladesh Announces Development of New Deep-Sea Port

Sonakshi SarkarBangladesh

Bangladesh’s government has unveiled plans to develop a new deep-sea port at Matarbari, aiming to increase the country’s trade capacity and boost its maritime economy. The port will be equipped with modern cargo-handling facilities and expanded shipping lanes to accommodate larger vessels. The initiative is expected to attract foreign investments and reduce congestion at Chattogram Port, the country’s main trade hub. This project aligns with Bangladesh’s goal of becoming a regional leader in maritime trade and logistics.

21 Feb

Tripura Sundari Devi temple gets Rs 42 crore revamp for spiritual tourism

Sonakshi SarkarTripura

The iconic Tripura Sundari Devi Temple, one of the 51 Shakti Peethas, has undergone a significant transformation under a Rs 42 crore development initiative aimed at promoting spiritual tourism and enhancing facilities for devotees. The project, led by Officer on Special Duty (OSD) Bhaskar Das Gupta, was funded through Rs 33 crore from the Central government’s PRASHAD and Swadesh Darshan schemes, along with Rs 9 crore provided by the state government. Key upgrades include the renovation of the temple premises, the construction of two toilet blocks, a changing room, office spaces, guest rooms, and a meditation hall. The temple complex…

21 Feb

Mizoram’s Lengpui Airport to get Krishi Udan upgrade by year-end

Sonakshi SarkarMizoram

Union Minister of State for Micro, Small and Medium Enterprises, and Labour and Employment Shobha Karandlaje announced on Thursday that Mizoram’s Lengpui Airport will be upgraded to the “Krishi Udan” category by the end of this year. During a press conference at Atal Bhavan in Aizawl, Karandlaje stated that the upgrade will transform the state’s lone airport from a passenger facility to one that promotes agricultural export. The Krishi Udan scheme aims to enhance the transportation of agricultural products, boosting farmers’ access to national and global markets. Karandlaje also highlighted the Centre’s efforts to skill the youth and provide toolkits,…

21 Feb

Nepal Aims for Energy Self-Sufficiency with New Hydropower Projects

Sonakshi SarkarNEPAL

Nepal has announced plans to expand its hydropower sector by constructing three major dams in the coming years. The new projects, located in the Karnali and Gandaki regions, are expected to generate an additional 1,200 MW of electricity. Nepal’s government aims to achieve energy self-sufficiency and increase electricity exports to neighboring countries, including India and Bangladesh. The initiative is also expected to create jobs and improve infrastructure in rural areas. With growing regional demand for renewable energy, Nepal’s hydropower strategy could position the country as a key energy supplier in South Asia.

21 Feb

Bandhan Bank shares increase 5% after CLSA upgrades stock; see latest target price

Priyanka RoyBusiness, News

Bandhan Bank shares surged 5% in early trade on Friday after global brokerage firm CLSA upgraded the stock to ‘High-Concept Outperform’, estimating a massive upside potential of 61%.CLSA sets a price target of Rs 220 for the stock, supported largely by the lender’s outperformance compared to peers in the current MFI (Micro Finance Institution) cycle. The MFI sector has been grappling with persistent challenges and constraints over the last five-six months, resulting in a significant deterioration in asset quality.Going forward, CLSA believes that the Indian microfinance sector will recover from bad to less bad in a few quarters and from…

21 Feb

In six months, India will introduce a cancer vaccine for women

Banasree SarkarIndiacancer vaccine

India plans to launch a vaccine to prevent breast, oral, and cervical cancers in the next five to six months, marking a major advancement in women's health. Through targeted targeting of proteins that promote tumor growth, the state-of-the-art immunotherapy may strengthen the body's own immune system against cancer. To enhance early detection, women over 30 will get routine cancer screenings at hospitals in addition to the immunization campaign. To better support women's health and ensure prompt treatment, plans are also underway to open childcare cancer facilities. The introduction of this cancer vaccine could be a game-changer in India's fight against…

20 Feb

Toyota Kirloskar Motor opens bookings for the Land Cruiser 300

Business CorrespondentBusiness

Toyota Kirloskar Motor has announced the commencement of bookings of the Land Cruiser 300, an icon of prestige, power, and rugged capability. Built upon a legacy of over 70 years, the Land Cruiser 300 is the ultimate expression of Toyota’s engineering excellence, designed to meet the expectations of luxury seekers and off-road enthusiasts. Renowned for its unmatched reliability, commanding presence, and superior performance, the Land Cruiser 300 is the flagship SUV of Toyota’s global lineup. The latest iteration combines a revolutionary new platform, advanced powertrain, cutting-edge safety features, and opulent interiors, ensuring a seamless blend of luxury, strength, and off-road…

20 Feb

Promoting Adventure: Nepal Hosts International Tourism Summit 2025

Sonakshi SarkarNEPAL

Nepal has announced that it will host the International Tourism Summit in 2025 to revitalize its tourism sector. The conference will bring together global tourism experts, travel agencies, and adventure enthusiasts to discuss sustainable tourism and strategies for attracting international visitors. The government aims to showcase Nepal’s rich cultural heritage, trekking routes, and biodiversity. Special focus will be placed on eco-tourism and responsible travel. The summit is expected to enhance Nepal’s global tourism profile and help rebuild the sector after the pandemic and recent natural disasters.

20 Feb

Khandu opens Itanagar’s multi-story parking structures

Banasree SarkarArunachal PradeshPema Khandu

Pema Khandu, the chief minister of Arunachal Pradesh, dedicated three multi-story parking structures to the public on Wednesday. Two of them are located virtually at the APST Bus Station and ESS Sector in Ganga Market, while the third is located physically at the civil secretariat. The secretariat's multi-level automated parking facility is a ten-story structure with four basement floors set aside for parking and the ground floor acting as the entrance and exit. Parking is also available on the four above-ground floors, and there is a café and a gym on the top floor. The Itanagar Smart City initiative has…