1) India's forex reserves at all-time high. Climbs $11.9 billion during the last 2 months.
2) Flipkart launched a startup accelerator programme "Flipkart Leap". The company aims to provide tools, frameworks, knowledge, and an ecosystem.
3) After the complaint of sacked pilot Gaurav Taneja, a famous YouTuber, regarding standing for safety issues at AirAsia India, DGCA suspends two executives for three months.
4) Money Laundering case: Income Tax department conducted a raid according to Press Trust of India on some Chinese individuals for running money laundering racket worth Rs 1000 crore.
5) 1100% RETURN: NEXT DIGITAL LIMITED, HONGKONG. To show support for arrested Jimmy Lai under China's new 'Security Law', publisher and protester, Hongkongers have been piling into his media company's shares.
6) New Blog Update: Bennu: An Asteroid That Can Destroy The Earth
7) Indian Startup 'Skyroot Aerospace' successfully test-fired rocket engine. Skyroot Aerospace is India's first private company to test the upper-space rocket engine. Former ISRO scientists want to privatize space and accelerate the advent of space commerce with their startup.
8) Small Businesses on Amazon: 70% of 100,000 businesses that participated in Amazon's prime 2-day sale are from small towns. While orders received from 97% of the country's pin codes.
9) World's largest vaccine manufacturer is from India: Serum Institute of India. The company can produce 1.5 billion doses a year.
10) Instagram faces lawsuit over illegally collecting biometrics. If guilty, the company can be forced to pay $1000/ violation.
11) Cadila Healthcare Limited: Zydus Cadila launched India's cheapest remdisivir at Rs 2800/vial.
12) Transparent Taxation: Honoring the Honest. PM Modi introduced reforms in taxation.
13) Amazon launches online pharmacy in India.
14) The Moving North Pole: Canada to Siberia
Tags:
Weekly-insights