Category: Business & Economy

** Kerala’s first caravan park to come up at Wagamon

Plan to implement project before the onset of monsoon

With the first caravan park in the State coming up at Wagamon in the district, the tourism sector in Idukki is expected to get a boost. 

The authorities plan to launch caravan tourism under the Keravan Kerala project before the start of the monsoon and it will be implemented by the Tourism department with private partnership. The beautiful locations in the State, including hills, forests, backwaters and rivers can be experienced while travelling in the caravan.

** Isro successfully launches EOS-04, two other satellites Monday morning

The Polar Satellite Launch Vehicle blasted off at 05:59 am from the first launch pad of Satish Dhawan Space Centre, at the end of a 25-hour countdown, marking the space agency’s first mission launch in 2022.

** Tata Group appoints former Turkish Airlines chairman Ilker Ayci as new Air India MD and CEO

yci was born in Istanbul in 1971. He is 1994 alumni of Bilkent University’s Department of Political Science and Public Administration, according to the Tata Group statement.

After a research stay on political science at the Leeds University in the UK in 1995, he completed an International Relations Master’s program at the Marmara University in Istanbul in 1997.

** APNRT Society uniting Telugu diaspora worldwide: Minister

‘It has helped many migrants with investment guidance and orientation’

Minister for Industries, Commerce, IT and Skill Development Mekapati Goutham Reddy on Sunday hailed the Andhra Pradesh Non-Resident Telugu (APNRT) Society in the UAE for doing a good job of uniting the Telugu diaspora worldwide and providing them a platform to engage with Andhra Pradesh.

Speaking at a Telugu Diaspora Dinner organised on the sidelines of Dubai Expo 2020, organised with the help of APNRT Association in Dubai and across the Emirates, the Minister said the NRT Society had been assisting the Telugu diaspora in investment guidance, emergency assistance, orientation for migrants and educating them on the AP Policy NRI Cell.

** Industrialist Rahul Bajaj to be given state funeral in Pune

ountry has lost a socially aware, fearless individual: Uddhav

‘Hamara Bajaj’ was the iconic jingle that resonated with the aspirations of the middle class in a pre-liberalised India. And the man behind that brand was one of the biggest and bravest industrialists — Rahul Bajaj. The Chairman Emeritus of the Bajaj Group died at a hospital in Pune on Saturday afternoon. He was 83. The last rites will be held on Sunday.

Bajaj will be accorded a state funeral, Maharashtra Chief Minister Uddhav Thackeray said on Saturday as he and Governor B.S. Koshyari condoled the demise of the veteran industrialist. They said Bajaj’s contribution to industrial development in the country was unparalleled.

** A metamaterial that can make use of origami to reduce shock

To be useful, materials need to maintain a constant Poisson ratio under pressure

A car that dashes against an obstacle suffers damages, first to its fenders. There is a keen interest to develop materials that can be sandwiched in the fender system which will absorb the shock and prevent the interiors from being damaged. Origami metamaterials that crumple rather than tear, and take the impact, can play an important role in such situations. Researchers from Indian Institute of Technology Madras have developed such a material, which could have many such uses.

** QR code to ensure authenticity of famed Kashmiri carpets

The QR-code based label will capture vital parameters of the carpet such as GI user, manufacturer, artisan, knots per square inch, the material used, among others.

Lt Governor Manoj Sinha launched the QR-code for handmade Kashmir carpets, claiming to be first-of-its-kind in the country. Customers could now verify the authenticity and other requisite details of carpets produced in Jammu and Kashmir and assure themselves that the product they purchased was not fake.


The QR code-based system can help in checking the cheating and misbranding that has badly dented the carpet Industry in Kashmir. 

** South Eastern Railway becomes fully electrified zone as work on Rupsa-Bangriposi section completed

The Kolkata-headquartered SER is the second railway zone in the country after West Central to fully electrify its route.

** DGDE completes surveying 17.78 lakh acres of defence land, Rajnath awards personnel

This is the first such exercise post Independence

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The Directorate General Defence Estates (DGDE) has completed the exercise of surveying the 17.78 lakh acres of defence land, the first such exercise post Independence, for which Defence Minister Rajnath Singh on Thursday gave away awards to 11 officers and 24 personnel of 38 Defence Estates Offices and four Assistant Defence Estates Offices on the accomplishment.

** Former Kenya PM thanks Ayurveda practitioners

Former Prime Minister of Kenya, Raila Odinga, who arrived at Koothattukulam in Ernakulam earlier this week, to express his gratitude to physicians at an Ayurvedic eye hospital-cum-research centre there for helping his 44-year-old daughter, Rosemary Odinga, regain vision and for her follow-up treatment, will leave from there on Saturday.

Ms. Odinga had lost her sight completely in 2017, following optic nerve damage. Treatments done in South Africa, Israel, and China were futile.

It was then the family was informed by a friend about Kerala’s Ayurvedic tradition in dealing with such medical complications, said a press release.

In 2019, Ms. Odinga began treatment at Sreedhareeyam Ayurvedic Eye Hospital and Research Centre at Koothattukulam. After a month of treatment, she was discharged and continued medication at home. The treatment was done under the guidance of chief physician Dr. N. Narayanan Namboodiri. “The visit of the former Kenyan Prime Minister has reiterated the pride and possibilities of the Ayurvedic tradition. Ms. Odinga will remain at the hospital for three more weeks for follow-up treatment,” said a statement issued by research centre vice chairman Hari N. Namboodiri.