Author: Deshwale Editorial Desk

Costa Rica has agreed to accept migrants deported by the United States under a new repatriation deal. The arrangement, confirmed by the Costa Rican government, will see deported individuals, including those from India and Central Asia, temporarily housed in the country before being sent to their respective home nations. Transit Hub for Deportees The Costa Rican government stated that the deportees will not remain in the country permanently but will be processed before repatriation. The initiative is part of a broader migration agreement with the US, which is funding the entire operation. The deportees will arrive at Juan Santamaría International…

India is set to build its first offshore airport on an artificial island near Mumbai, marking a major leap in aviation and infrastructure. The proposed airport will be developed close to the upcoming Vadhvan Port in Palghar district, enhancing connectivity and boosting economic activity in the region. The airport will be built entirely on reclaimed land, making it the first of its kind in India. The project aligns with the country’s efforts to expand its aviation sector, especially as Mumbai’s existing Chhatrapati Shivaji Maharaj International Airport struggles with capacity constraints. With Navi Mumbai International Airport under development, this offshore airport…

Russian President Vladimir Putin is open to discussions with Ukrainian President Volodymyr Zelenskyy if necessary, the Kremlin confirmed. However, Moscow has cast doubts over Zelenskyy’s legitimacy as Ukraine’s leader, raising fresh hurdles to any potential negotiations. Kremlin spokesperson Dmitry Peskov stated that while Putin is willing to engage in talks, “Ukraine’s current political status must be considered” before any discussions can take place. He hinted at Russia’s long-standing position that Zelenskyy’s presidency lacks credibility, a claim repeatedly rejected by Kyiv and its Western allies. Diplomatic Moves Amid Saudi Talks The Kremlin’s statement comes as high-level diplomatic efforts are underway in…

The 24th edition of the World Sustainable Development Summit (WSDS) will take place from 5-7 March 2025 in New Delhi. Organised by The Energy and Resources Institute (TERI), WSDS is a key global platform dedicated to sustainable development and climate solutions. As the only independently convened international summit on sustainability and the environment based in the Global South, WSDS 2025 will centre on the theme ‘Partnerships for Accelerating Sustainable Development and Climate Solutions.’ The summit will emphasise collaborative efforts to address climate challenges and advance the Sustainable Development Goals (SDGs). Shri Bhupender Yadav, India’s Minister of Environment, Forest and Climate…

The Goa Rehabilitation Board and Goa Housing Board have invited NAREDCO Maharashtra developers to explore investment opportunities in the state’s real estate sector. The focus includes residential, commercial, mixed-use, and redevelopment projects. At NAREDCO Maharashtra’s Annual Members Meet 2025 in Panjim, officials outlined Goa’s potential, citing rising demand and increasing property values. Goa plans to release unused land parcels through a public-private partnership (PPP) model, with key locations including Vasco, Baina, Zuari Nagar, Colvale, and Chicalim. Aleixo Da Costa, Secretary of the Goa Rehabilitation Board, highlighted the state’s rapid transformation beyond tourism into a business and real estate hub. “We…

HDFC Life has been awarded the Silver Shield in Category-III – Life Insurance at the ICAI Awards for Excellence in Financial Reporting 2023-24. The award, presented at the ICAI ceremony in New Delhi, recognises the company’s commitment to high standards of financial reporting. It honours organisations for their adherence to Indian Accounting Standards, regulatory requirements, and transparent financial practices. HDFC Life is the only life insurance company to be recognised this year. The award highlights the company’s focus on transparency, governance, and its 99.5% claim settlement ratio for FY24. Niraj Shah, Executive Director & CFO, HDFC Life, commented, “This award…

Calcom Vision Limited (BSE: 517236), is one of the leading Electronics Manufacturing Services (EMS) and Original Design Manufacturing (ODM) in India, engaged in the manufacturing of LED Lights, Battens & other electronic items, announced its unaudited financial results for the quarter and nine months ended 31st December 2024. The company reported that its revenue from operations for Q3 FY25 increased by 9.25% YoY to Rs 44.66 crore, up from Rs 40.88 crore in the same period last year. The significant growth in revenue reflects the company’s strategic focus on augmenting LED Batten Production to support top line, automate Bulb production,…

The final 76 km stretch of the Mumbai-Nagpur Samruddhi Expressway, connecting Igatpuri to Bhiwandi, is nearing completion and is set to open by March 2025. The last phase of construction, including lane-marking and painting, is scheduled for completion between February 25 and 27. Following the completion of these works, the expressway will be ready for its formal inauguration by Maharashtra’s Chief Minister, Devendra Fadnavis, though the event will depend on his availability. Once operational, the stretch will improve connectivity between Mumbai and Nagpur, cutting down travel time significantly. The expressway, part of the larger 701 km Hindu Hrudaysamrat Balasaheb Thackeray…

Network People Services Technology Ltd. (NPST), a fintech firm, posted a 78.53% increase in its consolidated total income for the first nine months of FY25, reaching Rs. 152.46 crore. For Q3 FY25, NPST reported a revenue of Rs. 23.23 crore, a decline from Rs. 32.08 crore in Q3 FY24. However, the company achieved a positive EBITDA of Rs. 8.21 crore and a net profit of Rs. 5.14 crore, driven by cost management and operational efficiency. The company’s nine-month net profit surged 133.08% to Rs. 38.91 crore, up from Rs. 16.69 crore in FY24. EBITDA for the period increased by 96.2%,…

DeadAnt Live’s comedy showcase, Laughs Per Minute: Breathless Edition, will take place on 28th February at Bal Gandharva Rang Mandir in Mumbai. The event will feature over 20 comedians, including Daniel Fernandes, Aditi Mittal, Raunaq Rajani, Aadar Malik, Supriya Joshi, and Vineet Srinivasan, in a fast-paced comedy format that tackles the pressing issue of air pollution. The “Laughs Per Minute” format challenges comedians to deliver a punchline within 60 seconds, reflecting the urgency of Mumbai’s deteriorating air quality. This special edition, presented in collaboration with environmental advisor Asar, aims to turn the conversation on air pollution from technical jargon to…