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PM Modi Unveils Boeing’s Largest Bengaluru Campus Big Boost 2024

January 20, 2024 by Pranay

PM Modi Unveils Boeing’s Campus:

On Friday, Prime Minister Narendra Modi officially opened Boeing’s huge global engineering and technology campus in Bengaluru. This advanced facility, known as the Boeing India Engineering & Technology Center (BIETC), was created with an investment of Rs 1,600 crore and covers 43 acres of land.

“Boeing’s Bengaluru Campus: Connecting Dreams, Tech, and Global Impact”:

Boeing’s campus in Bengaluru is the largest investment they’ve made outside the US. It’s not just a big building; it’s going to be a crucial hub for working together with India on creating new and improved stuff for the global aerospace and defense industry. According to Modi, Bengaluru is a city that connects big dreams with smart ideas and actual accomplishments, linking India’s tech skills with what the world needs. He thinks Boeing’s new tech campus is going to make this connection even stronger.

In simpler terms, this facility is not just good for India; it’s going to make a big impact on the global aviation scene. Modi believes it shows that India is serious about being a key player in technology, research, innovation, design, and meeting global demands.

“Boeing’s Bengaluru Campus: Paving the Way for ‘Make in India’ Excellence and Empowering Future Aviators”:

“This really boosts the idea of ‘Make in India-Make for the World’,” he said. “This new campus shows that the world has confidence in India’s talented people,” he added. He believes that one day, India will be designing futuristic aircraft right here. Boeing India has been growing its team over the years, and now it has the most employees in any country outside the US, with over 6,000 as of December 2023.

“We are thankful to support Prime Minister Modi’s big vision for India, and we appreciate him dedicating the Boeing campus to promote innovation in aerospace in the country,” said David L. Calhoun, Boeing’s president and chief executive officer.

Modi was accompanied by Karnataka Governor Thaawar Chand Gehlot, Chief Minister Siddaramaiah, and Boeing’s chief operating officer Stephanie Pope, among others

Modi also introduced the Boeing Sukanya Program, which aims to encourage more girls from all over India to join the growing aviation sector. This program will offer opportunities for girls and women to learn important skills in science, technology, engineering, and math (STEM) in the aviation industry. For young girls, the program plans to set up labs at 150 locations to ignite interest in STEM careers. Additionally, it will provide scholarships to women training to become pilots.

Delighted to inaugurate @Boeing_In‘s Engineering & Technology Center in Bengaluru. This facility will serve as a hub for innovation and drive advancements in aviation. https://t.co/jqgAT78gwd

— Narendra Modi (@narendramodi) January 19, 2024

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Tesla Drops Car Prices “Boom” in Europe in Sync with Chinese Strategy 2024

January 19, 2024 by Pranay

Tesla Drops Car Prices in Europe:

Tesla recently decided to make their Model Y cars more budget-friendly in Europe, following a similar move in China just a week ago. The price cuts were applied in several countries, including Germany, France, Norway, and the Netherlands. In Germany, for example, the Model Y rear-wheel drive model is now priced at 42,990 euros, which is around 4.2% less than its previous cost. The Model Y Long Range saw an 8.1% reduction, now priced at 49,990 euros. Similar discounts were implemented in France, where prices were lowered by up to 6.7%, and in the Netherlands, where the Model Y prices were reduced by up to 7.7%. In Norway, Tesla slashed prices by a range of 5.6% to 7.1%.

Tesla Stock Dips as Company Extends Aggressive Price Cuts:

Tesla’s stock experienced a 1.6% drop in early U.S. premarket trading.

This happened following Tesla’s decision to lower the prices of its Model 3 and Model Y cars in China. Tesla has been consistently reducing its car prices in China over the last year, aiming to offer more competitive pricing compared to local rival BYD.

Tesla Slashes Model 3 and Model Y Prices Amidst Supply Chain Disruptions:

Tesla has recently cut the prices of the Model 3 by 6% compared to December last year, and the Model Y prices are also down by 11%, according to information from JL Warren Capital.

Tesla’s operations in Germany faced some issues due to disruptions in the Red Sea caused by attacks from the Iran-backed Houthis group on ships using the crucial route. This situation has created chaos in global trade and received criticism worldwide.

Due to the disturbances in the Middle East, Tesla announced a temporary halt in most car production at its Berlin-Brandenburg plant last week. The reason given was a shortage of parts due to changes in transportation routes caused by the ongoing turmoil in the region.

BYD Overtakes Tesla Globally, Volkswagen Surpasses in Germany’s Electric Car Race:

In the electric car world, things have gotten really competitive lately. Tesla used to be the top dog, but now BYD, a Chinese company supported by Warren Buffet, is the biggest electric vehicle maker globally. Meanwhile, in Germany, Volkswagen has outpaced Tesla in electric car sales, grabbing a larger share of the market. So, in simpler terms, other companies are giving Tesla a run for its money in the electric vehicle market.

This is the first time ever that the best selling vehicle in Europe for a full year is 100% electric, that vehicle is the Tesla Model Y! 🇪🇺

pic.twitter.com/ve07Lzp2YN

— Teslaconomics (@Teslaconomics) January 18, 2024

To Know More – Visit

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Google Announces Layoffs Affecting Hundreds Tuesday Morning 2024

January 18, 2024 by Pranay

Google to lay off ‘several hundred’:

After letting go of approximately 1,000 employees last week, Google is now trimming jobs within its advertising sales team. According to a statement from Google spokesperson Chris Pappas to The Verge, they are eliminating “a few hundred roles globally” as part of this adjustment.

The news about Google’s recent layoffs was initially reported by Business Insider, which got hold of a memo from Google’s senior vice president, Philipp Schindler. Schindler hinted that the layoffs would mainly impact the Large Customer Sales (LCS) unit, a team responsible for selling ads to big businesses. Meanwhile, the Google Customer Solutions team (GCS), dealing with ads for smaller clients, is set to become the primary ad sales team. This move follows previous layoffs in Google’s LCS team last October, as reported by Business Insider.

Google’s Layoffs to Sales Colleagues and Industry Shifts”:

“Unfortunately, we have to bid farewell to many talented and wonderful sales colleagues,” expressed the Chief Business Officer. “There’s no easy way to do this, but our designated leaders will be personally communicating with those affected in one-on-one sessions.”

“While I believe this is the right decision for our customers, partners, and ultimately our business, it’s going to be very tough for many, especially in our Large Customer Sales (LCS) teams,” added Schindler. Conversations with affected employees are set to start across all regions on Wednesday.

This information was initially reported by Business Insider.

Google, in an email to The Hill, stated, “Every year we go through a rigorous process to organize our team to provide the best service to our Ads customers. We map customers to the right specialist teams and sales channels to meet their service needs.”

This move comes less than a week after Google announced layoffs in its virtual assistant, augmented reality, and central engineering teams. The company explained it is responsibly investing in its business priorities, making changes to enhance efficiency and workflow.

Several tech companies, including Amazon, have been laying off employees in recent weeks. Amazon, for example, laid off hundreds in its streaming and studio operations, and Twitch cut over 500 jobs in a bid to make the division profitable.

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India’s Green Revolution in the Union Budget 2024

January 17, 2024 by Pranay

India’s Green Revolution:

As we eagerly await the Union Budget 2024, there’s a lot of hope that it will speed up India’s shift towards a more eco-friendly and resilient economy. India has big plans to hit its renewable energy and carbon reduction targets, aligning with its commitments in the Paris Agreement. People in the know think that the budget’s money allocations and new policies could boost investments in green initiatives, generate eco-friendly jobs, and set India on a solid course toward a greener tomorrow.

Promises of India For Boosting Renewable Energy Generation:

India has set a goal to have 500 gigawatts of renewable energy by 2030, as part of its promise in the Paris Agreement. We’ve made good progress, hitting over 170 gigawatts in 2023. But there’s more work to do to speed things up.

To reach our 2030 target, the Ministry of New and Renewable Energy says we need about $500 billion in investments. A big chunk of that has to come from private companies. The budget can help by giving some extra financial support and offering low-cost loans through a special fund for green projects. Things like tax breaks (even though they’re not very popular right now), exemptions on importing equipment, and lower GST rates could make things cheaper for us, the consumers, and make it easier for companies and investors to get started.

We also need to spend money on improving the power grid for smart systems that can handle the ups and downs of renewable energy. And for newer things like green hydrogen and offshore wind power to become practical, we need more government support and clear rules.

Empowering India’s Small Businesses In Union Budget:

Small and medium-sized businesses play a big role in India’s economy, making up about 30% of the total and contributing to 44% of exports (though that’s been going down). With over 60 million of these businesses in India, they create a lot of jobs. But most of them work in the informal sector, which means they don’t have easy access to affordable money or the technical knowledge they need to use cleaner and more efficient ways of doing things.

The budget should have special rewards to motivate these smaller businesses to invest in upgrades that make their manufacturing, materials, and waste management more eco-friendly. Things like getting a break on the interest for bank loans and programs to help them learn more can encourage these businesses to use smarter, more sustainable ways of doing things all over the country.

India’s Electric Future and Navigating Towards a Sustainable Blue Economy In Union Budget:

India’s transportation sector is responsible for about 10% of the country’s greenhouse gas emissions, and this is expected to increase. Shifting to electric vehicles is crucial for cutting down our carbon footprint, making the air in cities cleaner, and making us less dependent on imported fuels. The goal is for 30% of private cars, 70% of commercial vehicles, and 80% of two-wheelers and three-wheelers to be electric by 2030. This will need clear government policies and investments.

Even though more and more people in India are choosing electric vehicles, we’re still behind countries like Norway and China. But this gives us a chance to learn from them and speed up our electric vehicle adoption. The government can help by setting up public charging stations, offering perks to electric vehicle drivers, and more.

When it comes to ports and shipping, not as much money has been spent compared to roads and railways. This suggests that we need to pay more attention to port infrastructure, shipping, and inland waterways. While the government encourages private investment, there’s still a need for better incentive policies. The Prime Minister has launched a plan called ‘Maritime Amrit Kaal Vision 2047’ that focuses on logistics, infrastructure, and shipping to support India’s ‘Blue Economy.’

Despite private investors being interested, the lack of clear incentives has held them back. Promoting logistics ports can be a good move, as using coastal shipping and inland waterways can cut logistics costs and carbon emissions. It’s worth noting that businesses in ports, especially in logistics and warehousing, can help store and distribute goods effectively.

Bridging the Agricultural Divide with Digital Solutions in India:

Almost half of India’s workforce is in agriculture, but its contribution to the overall economy is shrinking. This decline is part of our economic growth and changes, but the agriculture sector itself is not growing as much.

One major reason for this is climate change, which is affecting the growth of plants and productivity of livestock. To tackle these challenges, we can use digital technology and better farming methods. This would need a team effort from policymakers, researchers, and farmers to make sure that these digital solutions benefit everyone in a sustainable way.

The government has talked about creating Digital Public Agriculture Infrastructure and an Agriculture Accelerator Fund to support farmer-focused solutions and boost agricultural technology in rural areas. However, more concrete actions are needed to make sure that farmers can easily use and benefit from digital technologies.

To Know More About Budget – visit

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HDFC Bank Q3 Results: announced 34% surge in net profit

January 16, 2024 by Pranay

HDFC Bank Q3 Results:

HDFC Bank, India’s top private sector bank, reported a remarkable achievement with a 34% increase in its standalone net profit, reaching ₹16,373 crore for the quarter ending December 2023. This outstanding performance exceeds the ₹12,259 crore profit recorded in the same period of the previous fiscal year. Before the unveiling of the results, HDFC Bank’s shares saw a slight increase of 0.42%, settling at ₹1,678.95 each in the stock market. The bank’s strong earnings reflect its resilience and sustained growth in the ever-evolving financial landscape.

Net profit tops expectations, up by 34%:

In an impressive financial performance, HDFC Bank reported robust numbers for the December quarter, witnessing a nearly 34% year-on-year surge in net profit to Rs 16,372.54 crore. This exceeded the Rs 15,846 crore estimate in an ETNow poll. The bank’s net interest income (NII), reflecting the difference between interest earned and expended, also showcased a solid growth of 24% YoY, reaching Rs 28,471.34 crore. While the NII figure fell slightly short of estimates at Rs 29,067 crore, HDFC Bank’s strong profitability underscores its resilience and positive trajectory in the banking sector.

To know More – Visit

Summing up:

In a notable financial accomplishment, HDFC Bank Ltd, India’s leading private sector bank, disclosed a remarkable 34% increase in its standalone net profit, reaching ₹16,373 crore for the quarter ending December 2023. This impressive performance exceeds the ₹12,259 crore profit reported in the corresponding period of the previous fiscal year. Preceding the results disclosure, HDFC Bank’s shares witnessed a marginal uptick of 0.42%, settling at ₹1,678.95 apiece in the stock market. The bank’s robust earnings underscore its resilience and consistent growth in the dynamic financial landscape.

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K.K. Pathak ने इस्तीफा दिया था या साजिश जाने सब कुछ 2024

January 14, 2024 by Pranay

k.k. Pathak इस्तीफा का सच:

बिहार में, शिक्षा विभाग के अपर मुख्य सचिव(ACS) K.K. Pathak के इस्तीफे की चर्चा थी, लेकिन अब सच्चाई सामने आ गई है। जिसके बारे में पूरे दिन खबरें आ रही थीं कि उन्होंने इस्तीफा दिया है, वह सब कुछ गड़बड़ हो गया है। रात होते ही यह स्पष्ट हो गया है कि K.K. Pathak ने वास्तविकता में इस्तीफा नहीं दिया है, बल्कि वह एक अवकाश पर गए हैं।

भारतीय प्रशासनिक सेवा के उच्च अधिकारी, K.K. Pathak, ने शिक्षा विभाग के अपर मुख्य सचिव के पद से इस्तीफा नहीं दिया है। उनके इस्तीफे की अफवाहें फैलाई जा रही थीं, लेकिन यह सत्य नहीं है। वास्तविक में, उन्होंने सामान्य प्रक्रिया के तहत 16 जनवरी को एक उपार्जित अवकाश पर जाने का निर्णय लिया है। इस अवकाश के दौरान, सामान्य प्रशासन विभाग को इसकी सूचना दी जाती है ताकि दूसरे अधिकारी को उनकी ज़िम्मेदारी संभालने में मदद मिल सके।

“बैद्यनाथ: दायित्वों का संभालक”:

उनके अवकाश के बाद, सामान्य प्रशासन विभाग ने शिक्षा विभाग के सचिव बैद्यनाथ यादव को सभी कार्यों का निष्पादन करने की जिम्मेदारी दी है, और बैद्यनाथ यादव ने इस प्रभार को 9 जनवरी को ही संभाल लिया है। एक बात यहां यह भी है कि अगर किसी अधिकारी को आकस्मिक अवकाश पर जाना पड़ता है, तो उन्हें अपने पद से इस्तीफा नहीं देना पड़ता है।

ध्यान दें कि गुरुवार को खबर आई थी कि केके पाठक ने इस्तीफा दे दिया है और उनका त्याग पत्र सोशल मीडिया पर तेजी से वायरल हो रहा था। हालांकि, शाम होने के साथ-साथ इस खबर की गति में रुकावट आ गई है।

जाने K.K. Pathak के बारे में:

केके पाठक (kk pathak) 1990 बैच के IAS अधिकारी हैं।
- केके पाठक ने 1990 में यूपी से शुरुआती पढ़ाई की।
उन्होंने अपनी पहली पोस्टिंग 1990 में कटिहार में प्राप्त की।
1996 में केके पाठक ने पहली बार डीएम का कार्यभार संभाला।
2015 में, उनका महत्वपूर्ण योगदान आया जब उन्होंने आबकारी नीति को लागू करने में सहायता की।
केके पाठक को जून 2023 में मद्य निषेध विभाग से हटाकर उन्हें बिहार शिक्षा विभाग का अपर मुख्य सचिव बनाया गया।

और जाने – click here

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Atal Setu Mumbai India’s Longest Sea Bridge Grand Inauguration 2024 By PM Modi

January 13, 2024 by Pranay

Atal Setu Inauguration By PM Modi:

“Over the past decade, our country has seen its dreams come true and challenges turned into successes. Atal Setu symbolizes this feeling, showcasing the incredible journey of turning aspirations into reality.”

“Guess what? Prime Minister Narendra Modi opened the Atal Bihari Vajpayee Sewri – Nhava Sheva Atal Setu on January 12! And just recently, he posted a video talking about why this bridge, also called the Mumbai Trans Harbour Link (MTHL), is a big deal.”

Atal Setu, a pioneering project that will transform infrastructure in Mumbai! Happy to have inaugurated it yesterday… pic.twitter.com/zC1byGQq5n

— Narendra Modi (@narendramodi) January 13, 2024

About Mumbai Trans Harbour Link:

Whoa! So, there’s this mega bridge in Mumbai called the Shri Atal Bihari Vajpayee Trans Harbour Link, or you can just call it the Sewri–Nhava Sheva Trans Harbour Link. It’s a super-long 21.8 km (13.5 mi) elevated road bridge that connects Mumbai to its buddy city, Navi Mumbai.
Get this – it’s not just any bridge; it’s officially the longest sea bridge in India and ranks as the 12th longest sea bridge in the world. Big deal, right?
The bridge starts in Sewri, down in South Mumbai, goes over Thane Creek near Elephanta Island, and ends up at Chirle near Nhava Sheva in Uran taluka.
Picture this – it’s not just one tiny lane; it’s a whopping 6-lane highway, a cool 27 meters wide. And if that’s not enough, there are also emergency exit lanes, edge strips, crash barriers, and noise barriers on both sides. Fancy!
Now, let’s talk money – the whole project cost a mind-blowing ₹17,843 crore (that’s US$2.2 billion). Yeah, it’s huge!
Hold onto your seat – this bridge can handle a whopping 70,000 vehicles every single day. That’s like a whole city crossing over!
They kicked off building this beast in April 2018, and guess what? Prime Minister Narendra Modi himself cut the ribbon and inaugurated it on January 12, 2024. Talk about making an entrance!

Main Objective of this Great Bridge Atal Setu:

Boom! So, why build this massive bridge? Well, the main deal is to make getting to Mumbai International Airport and Navi Mumbai International Airport a breeze. Say goodbye to long travel times to Pune, Goa, and South India – this bridge is here to slash those!
Hold onto your hat – it’s not just about airports. They’re also hooking up Mumbai Port and Jawaharlal Nehru Port to boost connectivity. Talk about making things smoother for everyone!
Security is no joke here – the government slapped on almost 400 cameras, including thermal ones that can sniff out fog. They’re going all out to keep things safe on this bridge.
Here’s a cool twist – they’re splitting the policing job. The first 10.8 km, starting from Sewri in Mumbai, falls under one police station. The rest of the way, handled by Uran in Navi Mumbai, comes under another. Double the police power for double the safety!

Toll Charges of Atal Setu:

Speed Limit Atal Setu:

Alright, speed demons, listen up! If you’re cruising in a car, taxi, or any four-wheeler, the Mumbai Trans Harbour Link (MTHL) says you can zoom at 100 km per hour. But hold your horses – when you’re going up or down the bridge, slow down to a cool 40 km per hour. Why? Well, according to the Mumbai police, it’s to dodge any danger, roadblocks, and keep things hassle-free for everyone on the road. Safety first, folks!

Restricted Vehicles On Atal Setu:

Heads up, road trippers! There’s a no-entry sign for some wheels on the Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu.
First off, if you’re rolling in on a motorbike or moped, sorry, the bridge isn’t open for you.
Three-wheelers, like tempos and auto-rickshaws, are a no-go as well.
Farmers, leave your tractors and tractors with empty trailers at home – they won’t make it across.
Even if you’re feeling old-school with an animal-drawn vehicle or a slow-moving ride, this bridge isn’t your route. Better find another way to roll!

Mumbai’s lifeline is elevated by India’s Longest Sea Bridge!
Behold the incredible view of Atal Setu connecting dreams and destinations inaugurated by Hon. PM Shri Narendra Modi ji.@narendramodi #Maharashtra #Mumbai #MTHL #NarendraModi #MumbaiGetsAtalSetu pic.twitter.com/FfkfpIAsyb

— Devendra Fadnavis (@Dev_Fadnavis) January 12, 2024

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Indian Job Market And IT Sector Declines 21% in December

January 11, 2024January 11, 2024 by Pranay

IT Sector Struggle:

In December 2023, hiring in the Indian IT sector dropped by 21%, continuing a trend observed throughout the second half of the previous year. The Naukri JobSpeak Index revealed that job roles like full stack data scientist, IT infrastructure engineer, and automation engineer still saw decent hiring, despite a cautious job market in the IT industry.

Sectors such as BPO, education, retail, and healthcare displayed careful hiring sentiments, decreasing by 17%, 11%, 11%, and 10%, respectively, in job offers compared to December 2022. However, hospitality and pharma experienced job growth during the same period. Interestingly, AI-related job offers stood out with a 5% increase in December 2023 compared to the same month in 2022.

According to Naukri.com On IT Sector And Other Job Markets :

According to Dr. Pawan Goyal, the Chief Business Officer of Naukri.com, hiring in December showed a small 2% increase compared to November, mostly because of non-IT sectors. Unfortunately, the IT field continued to struggle, affecting the overall hiring index compared to the previous year. Meanwhile, the hospitality sector kept growing, with a 4% rise in new job offers in December 2023 compared to the same month in 2022, especially in Mumbai and Delhi-NCR.

Professionals with over 16 years of experience were highly sought after in the hospitality sector. The Pharma industry also saw a 2% increase in hiring due to a renewed focus on research and development. Interestingly, smaller cities outperformed larger metros, with Vadodara showing a 3% growth in new job offers in December compared to the same month in 2022.

Growth in the Hospitality Industry:

The hospitality sector kept up its growth pace, with a 4% rise in hiring compared to December of the previous year. Mumbai and Delhi-NCR saw the most significant job growth in this sector.

Cautious Hiring in Different Fields:

Industries like BPO, education, retail, and healthcare approached hiring carefully, seeing declines of 17%, 11%, 11%, and 10%, respectively, in job offers compared to December last year.

Steadiness in the Oil and Gas Field:

Although the oil and gas sector didn’t experience remarkable growth in new job offers in December 2023, it maintained stable levels similar to the same month in the prior year.

Pharmaceutical Sector’s Growth:

The pharmaceutical sector had a 2% increase in hiring in December 2023 compared to the same month in 2022, with the most substantial growth in new job offers seen in Ahmedabad, Vadodara, and Mumbai.

Experts Anticipate in the Third Quarter of FY24:

The Indian IT sector is gearing up to share its earnings for the third quarter of the financial year 2024. On January 11, Tata Consultancy Services (TCS) and Infosys will kick off the quarterly earnings season for October to December.

According to a CNBC-TV18 poll, four major Indian tech companies – Infosys, TCS, Wipro, and Tech Mahindra – part of the Nifty 50 index, may experience a drop in US Dollar revenue in the December quarter. This potential decline is attributed to uncertainties in the market, including increased furloughs and reduced demand for non-essential services, making it a challenging quarter.

Although the December quarter is usually considered weak due to the holiday season, this time around, the challenges seem more pronounced than usual. Wipro is expected to face the most significant decline in dollar revenue at -2.4%, while Infosys might see a dip of 1.5-2%, and TCS is anticipated to remain relatively stable.

Kotak Institutional Equities, in its report, foresees a subdued performance across the IT sector in the third quarter. The market is now closely watching for signs of revenue acceleration in the fiscal year 2025.

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