India's largest youth population is set to drive the country towards progress and finding solutions for pressing issues. The News18 Rising Bharat Summit 2025 has launched a unique initiative to highlight transformative ideas from students and faculty across six premier institutions. These innovative solutions cover a range of problems from urban congestion to air pollution and have the potential to shape national policy and transform lives. Prime Minister Shri Narendra Modi will unveil these solutions and engage directly with the visionary youth at the summit.
The Indian government plans to launch a new GPS-based toll collection system, the GNSS, which will replace the current FASTag system. The new system will use satellite tracking to calculate toll fees based on the distance travelled by a vehicle, eliminating the need for toll booths and manual transactions. The rollout was initially scheduled for April 1, but has faced delays, with the government now aiming to implement it within the next 15 days. The new system is expected to improve efficiency, reduce waiting times, and prevent technical glitches and fraud.
In a speech at the Economic Club of Chicago, Federal Reserve Chair Jerome Powell highlighted the challenges facing the US economy as trade policy concerns and uncertainty pose threats to growth and inflation. He emphasized the importance of the Federal Reserve's ongoing efforts to achieve a delicate balance in its policy decisions.
The Securities and Exchange Board of India (SEBI) has taken action against Gensol Engineering and its promoters, the Jaggi brothers, after receiving a complaint in June 2024 alleging fraudulent activities. The regulator has barred the promoters from holding any directorial or managerial positions in the company and has ordered an audit of its accounts. This decision will also have a negative impact on the Jaggi's other venture, the electric ride-hailing service BluSmart, as they are co-founders of the company. The funding crisis for BluSmart is likely to worsen as finding new investors becomes increasingly difficult with cases against the Jaggi brothers.
Gensol Engineering Ltd, a renewable energy company, has faced a steep decline in its shares after being hit with a ban by the Securities and Exchange Board of India (Sebi). The regulator has accused Gensol and its promoters of diverting funds raised for electric vehicle procurement into personal expenses and transactions with related entities. This has led to a loss of trust among investors and raises concerns about potential fraudulent activities within the company.
After discovering Tuoi Tre News through social media, Ray Kuschert quickly became a regular reader and eventually a contributor for almost a decade. In celebration of Tuoi Tre News' newly revamped website, Kuschert shares his emotional journey with the newspaper and how it has led to friendships, cultural connections, and opportunities to share his experiences of living in Vietnam with the world.
WestJet, one of Canada's leading low-cost airlines, has announced a new program called "Vacation Flex" that allows its guests to showcase their vacation photos on digital billboards and bus stops across the country. This initiative aims to give everyday Canadians and upcoming social media influencers an opportunity to gain more exposure and potentially go viral. With this creative program, WestJet once again proves their commitment to providing unique and affordable travel experiences for their guests.
Øystein Kalleklev, the CEO and driving force behind the success of Flex LNG, has resigned after 7.5 years with the company. The company's board has appointed Marius Foss as interim CEO, who has been instrumental in the company's commercial strategy since joining in 2018. While Kalleklev's departure is regretted, the board and Kalleklev himself have expressed gratitude for his leadership and are confident in Foss' ability to continue driving shareholder value.
Indian-born diamond trader and alleged mastermind behind the Rs 13,000 crore PNB loan fraud, Mehul Choksi, was finally arrested in Belgium after being on the run. Indian investigative agencies were in touch with Belgian authorities for two months to secure his arrest. Choksi, along with his nephew Nirav Modi, their family members, and PNB employees were booked for orchestrating the scam through fraudulent Letters of Undertaking totaling approximately Rs 13,000 crore.
Namita Thapar, Executive Director at Emcure Pharmaceuticals and judge on Shark Tank India, has been keeping her fans entertained with her insightful social media posts. Her recent Monday Motivation entry featured a humorous tip for dealing with toxic people in our lives, accompanied by a meme from the beloved Indian film, Munnabhai MBBS. In a previous post, she delved into the theme of work-life balance and family responsibilities, sparking a debate on social media and raising important points for parents.
The Reserve Bank of India (RBI) has released a list of holidays for the year 2025, including the public holiday on April 14 for Dr. Babasaheb Ambedkar Jayanti. However, while banks will remain closed in certain states to celebrate regional festivals and observances, it's important to note that April 14 is not a nationwide bank holiday. Stay informed of upcoming bank closures by checking the state-wise list released by the RBI.