Air India Penalized Over Delayed Refunds

Air India, a company ranked among the 50 most prominent airlines in the world by fleet size, has been condemned with hefty charges by the U.S. Department of Transportation due to violation of rules in passenger refunds, leaving them with a penalty of $121.5 million. Air India is one of the largest operating airlines in …

Mark Zukerberg Sacks 11,000 Employees in Worst Tech Layoff

“Today I’m sharing some of the most difficult changes we’ve made in Meta’s history. I’ve decided to reduce the size of our team by about 13 per cent and let more than 11,000 of our talented employees go”. With these words, Mark Zuckerberg, founder, and CEO of Meta laid off 11,000 employees, or about 13 …

Zimbabwe Marks Eminence through its Nano-Satellite Launch for Advancing Agriculture

On Monday, the sphere of agriculture received a big boost as Zimbabwe disclosed the launch of its first-ever nano-satellite into space. Through this, they will be able to scan disasters, escalate agriculture, and also boost mineral mapping. This is an immensely thoughtful step taken by Zimbabwe to advance the sphere of agriculture. They made it …

Apple Outshines its Competitor Tech-Giants Alphabet, Amazon, & Meta with a $2.307 Trillion Market Worth

Apple is not only renowned for its iPhone, but also for its whopping market value. The exponential growth of Apple has been vividly noticed in its market value, surpassing the industry giants Amazon, Alphabet, and Meta combined. Currently, Apple is standing tall at a worth of $2.307 trillion, with its competitor fellows jammed at $2.306 …

Honda Builds First Motorbike Battery Swap Station For Portable Power Packs

Honda has been proposing a battery-swapping infrastructure that would allow motorcycles, scooters, and other vehicles to use the same interchangeable power packs for several years; with the release of the Honda Power Pack Exchanger e:, the company has finally taken a major step toward realizing this vision. The Honda Power Pack Exchanger e:, first offered …

Judge Urges NYC to Rehire and Pay Back Sanitation Workers Who Transgressed Vaccine Mandate

In recent news, it has been heard that the Supreme Court of New York has stated the reinstation of the sanitation workers who were fired on grounds of not getting vaccinated against COVID-19. On Tuesday, sitting on Staten Island, Justice Ralph Porzio declared that the city’s health commissioner transgressed his authority when he asserted the …

Rishi Sunak – UK Prime Minister of Indian Origin

On the 24th of October 2022 Rishi Sunak, the British Conservative Party politician was declared to be the Prime Minister of the UK. A momentous event that had led to a massive celebration in parts of the UK – especially among minority groups. That day, every corner of the globe was an onlooker of outright …

Musk Buys Twitter for $44 Billion and Fires CEO Parag Agrawal

Elon Musk has been a constant visitor in regular news for a prolonged period. And this time, Musk did something crazy. It was right after purchasing Twitter for a whopping deal of $44 billion, Musk fired its CEO, Parag Agrawal. The firing didn’t only end with the CEO but also the top executives. There was …

The Inflation Reduction Act – A Welcome Change for the Average American?

Aiming to reduce the deficits and lower inflation, President Biden signed the Inflation Reduction Act on 16 August 2022. The bill proposes reduced healthcare and drug expenses and investment in domestic energy production to battle climate change. Essentially a scaled-down rendition of the Build Back Better Act proposed in 2021, President Joe Biden calls it …

Core Costs to Keep the Inflation Red Hot?

Following a 0.7% price hike in June, core prices saw a leap of 0.3% in July, according to the Labour Department’s CPI. Consumer prices have climbed 8.5% from last year, down from a four-decade-long record of 9.1%, keeping the annual increase at 5.9% after three straight monthly declines. The ever-concerning rise in the price of …