Author: Shehnaz Beig
Shehnaz Beig
Shehnaz Ali Siddiqui is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing around Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
Uttar Pradesh has rapidly transformed into one of India’s most attractive destinations for investment, according to Chief Minister Yogi Adityanath. Speaking at the Samsung Innovation Campus certificate distribution event in Gorakhpur, CM Yogi emphasized the state’s growing prominence in mobile phone manufacturing, highlighting that Uttar Pradesh now holds 55% of the country’s mobile production. UP’s Role in India’s Mobile Manufacturing Boom At the event held at Deendayal Upadhyaya Gorakhpur University, CM Yogi noted that Uttar Pradesh is not just a key player in mobile manufacturing but also contributes 60% of the mobile components produced in India. “The potential and opportunities…
SpiceJet, the low-cost airline, has been facing financial hurdles, with a severe cash crunch affecting its ability to meet various payment obligations. One of the biggest challenges has been making payments to aircraft lessors on time. As a result, several lessors approached the Delhi High Court, leading to an order that further escalated the airline’s troubles. Seeking relief, SpiceJet took the matter to the Supreme Court, only to receive a new task from the country’s highest judicial body. What Did the Supreme Court Say? The Supreme Court upheld the Delhi High Court’s directive, which had ordered SpiceJet to cease using…
India and South Korea are working towards deepening their economic relationship by upgrading the Comprehensive Economic Partnership Agreement (CEPA) and promoting balanced trade and investment between the two nations. The recent discussions were held in Laos, between India’s Commerce and Industry Minister, Piyush Goyal, and his South Korean counterpart, Inkyo Cheong. Goyal shared on social media platform ‘X’ that the focus was on enhancing CEPA for fairer trade, removing non-tariff barriers, and encouraging investments that create jobs. Efforts to Enhance CEPA for Balanced Trade The CEPA between India and South Korea was first implemented in January 2010, and since then,…
Tata Steel has achieved a new milestone in India’s steel industry by commissioning the country’s largest blast furnace at its Kalinganagar plant in Odisha. This major development is set to significantly enhance the plant’s production capacity, increasing it from 3 million tonnes per annum (MTPA) to 8 MTPA. The Rs 27,000 crore investment in this cutting-edge furnace marks a major boost for the Indian steel sector and key industries like automotive, infrastructure, and defence. Tata Steel’s Mega Investment in Odisha With the inauguration of this new blast furnace, Tata Steel continues to solidify its presence in Odisha, which has become…
The Securities and Exchange Board of India (SEBI) has refused to disclose details regarding the cases in which its chairperson, Madhabi Puri Buch, recused herself due to a conflict of interest. This decision was revealed in response to a Right to Information (RTI) request filed by transparency activist Commodore Lokesh Batra (retired). SEBI stated that the information is not readily available and would take excessive time and resources to locate. SEBI Refuses to Share Asset Declarations In addition to not disclosing case details, SEBI has also refused to provide a copy of Madhabi Puri Buch’s declaration of her and her…
The festival of Diwali, one of India’s most eagerly awaited celebrations, is set to light up homes across the country on November 1, 2024. Known for its sparkling lights, joyous family gatherings, and the worship of Goddess Lakshmi, Diwali is a time for celebrating prosperity and happiness. Here’s a detailed look at the five days of Diwali festivities along with important timings for Lakshmi Puja, ensuring you don’t miss out on the blessings of the goddess of wealth. Diwali 2024 Date and Auspicious Timings for Lakshmi Puja This year, Diwali falls on Friday, November 1, 2024. The day will also…
India’s foreign exchange reserves have soared to a new high for the fifth consecutive week, signaling a steady boost to the country’s economic strength. According to data from the Reserve Bank of India (RBI), during the week ending September 13, 2024, the reserves increased by $223 million, reaching a remarkable $689.45 billion. This follows a significant jump of $5.24 billion in the previous week. At the same time, neighboring Pakistan also witnessed a rise in its foreign exchange reserves, offering some relief amidst its ongoing economic struggles. Steady Growth in India’s Foreign Reserves Boosts Economic Confidence India’s foreign exchange reserves…
In a surprising turn of events, Bharat Sanchar Nigam Limited (BSNL) emerged as the only major telecom operator to add new subscribers in July 2024. According to the latest data released by the Telecom Regulatory Authority of India (TRAI), BSNL added over 29.4 lakh mobile subscribers, while major private players—Reliance Jio, Bharti Airtel, and Vodafone Idea—saw a significant decline in their customer base. The reduction in subscribers across private telecom companies comes after they increased their service charges by 10-27% in early July. This price hike has had a direct impact on the number of customers opting for their services,…
Air India found itself in the spotlight after a viral video posted by an American-Indian businessman highlighted the poor conditions on a flight from Chicago to Delhi. Following the incident, the airline swiftly responded by refunding the passenger ₹5.25 lakh, the full fare for his first-class ticket. The Incident that Sparked the Refund Anip Patel, the CEO and founder of Chicago-based VC firm CaPatel Investments, shared his unpleasant experience on a 15-hour non-stop Air India flight on social media. Patel, who had opted for a first-class seat, was dismayed to find the conditions far below his expectations. He took to…
India is gearing up to impose retaliatory customs duties on certain goods imported from the European Union (EU), following unresolved issues over the EU’s safeguard measures on steel imports. The Indian government has notified the World Trade Organization (WTO) about its plan to raise duties on specific products produced in the EU, citing losses due to the EU’s protectionist stance on steel products. The dispute stems from the European Union’s decision to extend its safeguard duty on steel imports, which has negatively impacted India’s steel exports. According to the Indian government, these safeguard measures, which have been in place since…