PhysicsWallah’s lending arm, Finz Finance, secured RBI approval as an NBFC, enabling direct student lending and reducing reliance on external lenders. This strategic move, disclosed in its DRHP, allows greater control over pricing and collections as the company prepares for a Rs 3,820 crore IPO.
Facing financial pressures, overseas firms like Sharp and Onsemi are partnering with Indian companies to establish semiconductor plants. India’s attractive state incentives, vast market, and talent pool are key drivers. The India Semiconductor Mission’s financial aid and collaborations offer a lifeline for manufacturers struggling with costs and demand.
The US government has imposed a 17% import duty on most fresh tomatoes from Mexico. This decision aims to protect the American tomato industry. Talks between US and Mexican officials failed to reach a new agreement. The duty took effect immediately. It is expected to raise tomato prices in the US. American growers are likely…
Researchers at IIT BHU Varanasi and Integral University Lucknow have discovered a new method for growing microalgae. This algae produces more oil, which can be used to make biofuel. The two-stage system involves growing algae in a closed tank and then shifting it to an open pond. This innovative approach increases oil content and supports…
Rashmika Mandanna is currently enjoying the attention around her latest release, The Girlfriend, which hit theatres on November 7. Even as the film trends, the actress has sparked fresh discussion about her personal life following reports of her secret engagement with Vijay Deverakonda. Drawing parallels with her own past, she admitted she once stayed in…
A constable in Bengaluru has been suspended after a burglary accused, Saleem alias Bombay Saleem, was found to have made a video call to his wife while in custody, wearing the constable’s uniform. The incident surfaced when Indiranagar police arrested Saleem in connection with another case and discovered the video on his phone.
Following recent fatalities linked to adulterated toddy, the Telangana government is considering banning toddy compounds within the Outer Ring Road (ORR) limits, potentially revoking Tree for Toddy (TFT) licenses in areas like Medchal and Saroornagar. The excise department is evaluating the situation, with a report due soon.
A leaked Microsoft compensation chart for 2025 reveals that software engineers can amass significant wealth by remaining with the company. The data indicates that progressing from entry-level to top technical positions could lead to over $2.7 million annually. Over a 30-year career, with consistent investment, engineers could accumulate a net worth of $13 million, highlighting…
