Author: Deshwale Editorial Desk

RRP Electronics Limited, a leading semiconductor company backed by cricket legend Sachin Tendulkar, has formed a strategic alliance with US-based Deca Technologies. This partnership aims to significantly enhance RRP’s semiconductor capabilities through advanced wafer-level packaging solutions. As part of the alliance, RRP will incorporate Deca’s innovative WLCSP and M-Series™ FOWLP technologies into its assembly and testing processes. Deca, a leader in semiconductor packaging, is supported by major investors such as Qualcomm, Infineon, and ASE Group. The collaboration is expected to generate impressive growth, with an anticipated revenue of USD 30 million (approximately ₹260 crore) in the second year. The agreement…

Devotees continue to gather at Triveni Sangam to take part in the world’s largest religious congregation. In just six days, from Jan 11 to Jan 16, over 7 crore pilgrims have taken the holy dip at the Sangam, marking an unparalleled spiritual milestone. Shankar Mahadevan captivated audiences with his devotional songs at the Ganga Pandal during the Maha Kumbh as part of the ‘Sanskriti Ka Sangam’ program, which was inaugurated by Deputy Chief Minister Keshav Prasad Maurya. Mahadevan expressed his gratitude to Prime Minister Narendra Modi and Chief Minister Yogi Adityanath for organizing the event, beginning with “Chalo Kumbh Chalein” and a…

By Mr. Abhishek Jain, COO, Satellite Developers Private Limited (SDPL) The Union Budget 2025-26 is a crucial moment for the real estate sector. This industry is a cornerstone of India’s economy and a major employment generator. As the government focuses on housing and infrastructure, stakeholders expect measures that will drive growth and address challenges. Boosting Homebuyer Affordability One key expectation is an increase in the tax deduction limits under Section 80C and Section 24(b) of the Income Tax Act. These provisions currently allow deductions for home loan principal and interest repayment. Raising these limits would improve affordability for middle-class homebuyers,…

Exploring the Lives and Work of Renowned Indian Musicians -Shruti Murkutkar In the world of music, the title of ‘maestro’ is reserved for those who transcend the boundaries of technical skill and reach a level of artistry that inspires and connects deeply with audiences. Indeed, maestros are more than just virtuosos; they are masters of their craft, interpreters of tradition, and innovators who push the limits of what is musically possible. In India, where the traditions of classical music are centuries old, the journey to becoming a maestro is unique. Not only does it involve years of rigorous training, but…

The UK economy showed signs of a concerning slowdown in November, as data released Wednesday revealed that growth for the month was a mere 0.1%, falling significantly below economists’ expectations. The Office for National Statistics (ONS) reported that while some sectors of the economy posted positive results, overall output was weaker than anticipated, marking a stark contrast to the more robust growth seen earlier in the year. This slow growth figure is being seen as a reflection of mounting challenges, including high inflation, rising interest rates, and global uncertainties, which continue to weigh heavily on businesses and consumers alike. Analysts…

Maharashtra Chief Minister Devendra Fadnavis unveiled plans to establish an Innovation City, allocating ₹200 crore through SIDCO to foster the state’s startup ecosystem. Each regional division will receive ₹30 crore, while SIDBI has committed an additional ₹300 crore for startups. The initiative is part of a broader strategy to position Maharashtra as a leader in India’s startup landscape. At the ‘Empowering Innovation, Elevating Maharashtra’ event on National Startups Day 2025, Fadnavis emphasised the crucial role of AI technology in the growth of startups, particularly in sectors like technology, agriculture, services, pharmaceuticals, and tourism. He noted that the state’s new startup…

Bullion Index MCXBULLDEX Jan-25 futures reaches at 19275 point: MCX records turnover of Rs. 12766.84 crores in Commodity Futures & Rs. 38814.65 crores in Options. Multi Commodity Exchange (MCX) has recorded turnover of Rs. 51583.22 crores in various futures & option contracts for commodities listed at MCX on 16 January 2025 till 5:00 pm. In which commodity futures accounted for Rs. 12766.84 crores and options on commodity futures for Rs. 38814.65 crores (notional). Bullion Index MCXBULLDEX Jan-25 futures reached at 19275 point.  Commodity Future Contracts: Bullion: In precious metals, Turnover of Gold and Silver variants clocked Rs. 7573.46 crores. GOLD…

મહારાષ્ટ્રને સ્ટાર્ટઅપ્સ હબ બનાવવા માટે રાજયમાં ઇનોવેશન સિટી સ્થાપવાની જાહેરાત સાથે મુખ્ય પ્રધાન દેવેન્દ્ર ફડણવીસે દરેક પ્રાદેશિક વિભાગ માટે રૂ. ૩૦ કરોડની જોગવાઈની પણ આજે જાહેરાત કરી હતી. સાથે સિડબી તરફથી સ્ટાર્ટઅપ્સ માટે રૂ. ૩૦૦ કરોડની જોગવાઈની પણ જાહેરાત કરવામાં આવી હતી. મહારાષ્ટ્રની નવી સ્ટાર્ટઅપ્સ પોલિસીનો મુસદ્દો તૈયાર છે. આગામી દિવસોમાં એ આ મામલે દેશની સૌથી આધુનિક નીતિ સાબિત થશે એમ તેમણે જણાવ્યું હતું. બાન્દરા-કુર્લા કોમ્પ્લેક્સ સ્થિત જિયો વર્લ્ડ સેન્ટરમાં કૌશલ્ય, રોજગાર, ઉદ્યોગ સાહસિકતા અને ઇનોવેશન વિભાગ હેઠળની રાજ્ય ઇનોવેશન સોસાયટી વતી ‘એમ્પાવરિંગ ઇનોવેશન, એલિવેટિંગ મહારાષ્ટ્ર’ થીમ પર આયોજિત કાર્યક્રમમાં ફડણવીસે આ જાહેરાત કરી હતી. કાર્યક્રમનું આયોજન નેશનલ સ્ટાર્ટઅપ્સ ડે…

નેચરલ ગેસ, મેન્થા તેલમાં સુધારોઃ કોમોડિટી વાયદાઓમાં રૂ. 12766.84 કરોડ અને કોમોડિટી ઓપ્શન્સમાં રૂ. 38814.65 કરોડનું ટર્નઓવરઃ સોના-ચાંદીના વાયદાઓમાં રૂ. 7573.46 કરોડનાં કામકાજઃ બુલિયન ઇન્ડેક્સ બુલડેક્સ વાયદો 19275 પોઇન્ટના સ્તરે કોમોડિટી ડેરિવેટિવ્ઝ એક્સચેન્જ એમસીએક્સ પર વિવિધ કોમોડિટી વાયદા, ઓપ્શન્સ અને ઇન્ડેક્સ ફ્યુચર્સમાં રૂ. 51583.22 કરોડનું ટર્નઓવર નોંધાયું હતું. કોમોડિટી વાયદાઓમાં રૂ. 12766.84 કરોડનાં કામકાજ થયાં હતાં, કોમોડિટી ઓપ્શન્સમાં રૂ. 38814.65 કરોડનું નોશનલ ટર્નઓવર નોંધાયું હતું. બુલિયન ઇન્ડેક્સ બુલડેક્સ જાન્યુઆરી વાયદો 19275 પોઇન્ટના સ્તરે પહોંચ્યો હતો. કોમોડિટી ઓપ્શન્સમાં કુલ પ્રીમિયમ ટર્નઓવર રૂ. 894.2 કરોડનું થયું હતું. કીમતી ધાતુઓમાં સોના-ચાંદીના વાયદાઓમાં રૂ. 7573.46 કરોડનાં કામકાજ થયાં હતાં. એમસીએક્સ સોનું ફેબ્રુઆરી વાયદો 10…

Non-metro cities are fast emerging as the powerhouses of India’s digital payments revolution. A new report from Visa, “Bridging the Gap: Payments in India Beyond Metros,” highlights a dramatic 175% growth in card spends across Cat B and Cat C+ cities since 2019, far outpacing the 1.4X growth recorded in metros. The whitepaper by Visa Consulting & Analytics (VCA) explores this trend, showing how rising incomes, e-commerce expansion, and improved digital infrastructure have transformed smaller cities into thriving centres for digital transactions. Non-Metros Take the Lead in Digital Growth The report categorises cities into three tiers: Cat C+ cities led…