Author: TGC Newsdesk

Rescuers use explosives and pump air into submerged tunnels as families cling to hope of finding their loved ones alive Kathmandu: The search for hundreds of workers feared trapped inside mud-filled hydropower tunnels in Nepal has entered a critical phase, as rescue teams race against time following devastating floods that have killed more than 1,000 people and left thousands missing. The disaster struck on August 26, when catastrophic flooding and landslides swept through parts of Nepal near the Tibet border. The destruction has been particularly severe along the Trishuli River, where several hydropower projects were damaged and workers were caught…

2019 war hero Abhinandan Varthaman, who shot down a Pakistani F-16 before being captured, begins a new chapter as a commercial pilot New Delhi: Group Captain Abhinandan Varthaman, the Indian Air Force fighter pilot who became a household name after the dramatic India-Pakistan aerial engagement in 2019, has retired from the Indian Air Force and joined Goa-based regional airline FLY91 as a commercial pilot, according to reports. Varthaman, who was awarded the Vir Chakra for his role in the 2019 aerial combat, has moved from flying fighter jets to commercial aircraft after more than two decades of service in the…

Nepal says major greenhouse gas emitters must take responsibility as catastrophic floods kill more than 1,000 people and leave thousands missing Kathmandu: Nepal has stepped up its demand for climate compensation from India, China and the United States following devastating floods that have killed more than 1,000 people and left thousands missing. Nepal’s Foreign Minister Shisir Khanal said the country is seeking greater accountability from some of the world’s biggest greenhouse gas emitters, arguing that smaller and more vulnerable nations are being forced to bear the consequences of climate change despite contributing relatively little to global emissions. Khanal told Kantipur…

Zee Group founder Dr Subhash Chandra has addressed questions surrounding his personal insolvency case, loan guarantees and the widely discussed Rs 22,000-crore figure during an Instagram Live session. Chandra said he had never personally borrowed the money in question and explained that he had acted as a guarantor for loans taken by companies linked to the Essel Group. The businessman used the live session to respond directly to questions about his financial position, the National Company Law Tribunal (NCLT) proceedings and reports surrounding his personal wealth. His comments come days after the NCLT approved a repayment resolution plan in his…

Indian clean-air startup YOGa Clean Air has raised Rs 20 crore in its first external funding round, led by Info Edge Ventures, as the company looks to expand its indoor air-quality solutions across India. The round also saw participation from Eternal founder Deepinder Goyal and Three Words Capital. The Gurugram-based company plans to use the fresh capital to strengthen its presence in existing markets, enter more Tier-1 and Tier-2 cities and take its clean-air technology beyond conventional indoor spaces. Who Is YOGa Clean Air? YOGa Clean Air was founded by Sachin Panwar, Deepak Raina and Gaurav Nagar. The company develops…

Sweden has emerged as one of Europe’s strongest startup hubs, producing globally recognised companies such as Spotify, Klarna and other fast-growing technology businesses. Experts say the country’s startup success is not the result of one factor, but a combination of entrepreneurial culture, strong digital infrastructure, access to talent and a growing network of investors and founders. Sweden’s startup ecosystem has attracted growing attention from investors and technology companies around the world. Stockholm, in particular, has become a major European technology centre. The city has produced a number of companies that have expanded internationally, helping create a cycle in which successful…

India is set to host the 18th BRICS Summit in New Delhi, bringing together leaders from major emerging economies for discussions on global governance, economic cooperation, trade and development. The summit comes at a time when BRICS is expanding its influence and seeking a larger role for developing countries in international institutions. The upcoming BRICS Summit will place India at the centre of discussions involving some of the world’s fastest-growing economies. The grouping, which originally consisted of Brazil, Russia, India, China and South Africa, has expanded significantly in recent years. The broader grouping now includes several new members, giving BRICS…

Bengaluru-based drone startup Airbound has raised $37 million in Series A funding, marking a major milestone for founder Naman Pushp, who first began building drones as a teenager during the Covid-19 lockdown. The latest funding round, led by Greenoaks, takes Airbound’s total funding to nearly $50 million. The three-year-old aerospace startup is developing autonomous aircraft designed to transport goods through the air. It now plans to expand its engineering, manufacturing and commercial operations as it looks to make drone-based logistics a larger part of India’s delivery ecosystem. How Did Airbound Begin? Airbound’s story began during the 2020 lockdown, when Pushp…

Appinventiv has launched AspireHub, a new initiative offering free office space to early-stage artificial intelligence startups in Delhi-NCR. The programme is designed to help young founders reduce infrastructure costs while giving them access to mentorship, technology support and a professional workspace. The initiative comes as India’s startup ecosystem continues to see growing interest in artificial intelligence. Appinventiv has set aside an entire floor at its new 11-storey campus in Sector 135, Noida, for selected AI startups. What Is AspireHub? AspireHub is a dedicated workspace programme created by Appinventiv to support early-stage AI companies. Startups selected for the initiative will receive…

Finnish deeptech startup S-Transistors has raised €2.6 million in pre-seed funding to develop a new generation of superconducting transistor-based technology aimed at solving one of the biggest scaling challenges in quantum computing. The company, a spin-off from VTT Technical Research Centre of Finland, plans to use the funding to work towards what it calls a new “quantum motherboard”. The funding round was led by Nordic venture capital firm Lifeline Ventures and included an angel investor. S-Transistors says its technology could help make large-scale quantum computers more energy-efficient, compact and easier to control. What Is S-Transistors Building? The startup is developing…