A recent report by consumer advocacy group CUTS International has revealed alarming statistics about the rise of illegal online betting in India. According to the report, unauthorised betting platforms such as 1xBet, Parimatch, and Stake collectively received over 5.4 billion visits in FY2024-25, making India one of the fastest-growing illegal gambling markets in the world….
The Maharashtra Food and Drug Administration (FDA) has suspended the food business license of Kiranakart Technologies Pvt. Ltd., the parent company of quick-commerce platform Zepto, following a surprise inspection at its Dharavi warehouse in Mumbai that revealed alarming hygiene violations.The Times of India Inspection Uncovers Serious Food Safety Breaches The FDA’s action was prompted by…
In a significant legal development, a Shanghai court has affirmed that individual ownership of cryptocurrencies like Bitcoin is legal in China, even as the government maintains strict prohibitions on crypto-related commercial activities.Token Insightly+5Mondaq+5fienews.com+5 Legal Recognition of Personal Crypto Ownership Judge Sun Jie of the Shanghai Songjiang District People’s Court stated that cryptocurrencies possess “property attributes”…
In a significant development for quantum communication security, quantum researcher Alexander Miller has identified a critical timing flaw in China’s Micius quantum satellite. This flaw could potentially allow attackers to exploit side-channel vulnerabilities, undermining the security of encrypted data transmitted via the satellite. Micius, launched in 2016, is the world’s first quantum communication satellite and…
India is poised for a transformative shift in its higher education landscape as fifteen foreign universities prepare to establish campuses across the country in the upcoming academic year. This initiative, aligned with the National Education Policy (NEP) 2020, aims to enhance global exposure for Indian students, particularly in STEMB (Science, Technology, Engineering, Mathematics, and Business)…
In a groundbreaking advancement for global data transmission, Japanese researchers have achieved a world record internet speed of 402 terabits per second (Tbps) over a distance of 50 kilometers using commercially available optical fiber. This feat, accomplished by the National Institute of Information and Communications Technology (NICT) in collaboration with international partners, was presented at…
The Telecom Regulatory Authority of India (TRAI) has proposed a new policy that would require satellite communication service providers to pay an additional ₹500 annually per subscriber in urban areas. This move is aimed at balancing competition in the telecom sector, boosting government revenue, and promoting the expansion of satellite internet services across India, particularly…
Astronomers have recently unveiled a groundbreaking discovery: a binary star system emitting mysterious, repeating radio bursts. This system, designated ILT J1101+5521 (ILTJ1101), comprises a red dwarf and a white dwarf orbiting each other every 125.5 minutes. The radio signals, lasting between 30 to 90 seconds, recur with the same periodicity, challenging previous assumptions about their…
In a bold move blending high fashion with playful design, Louis Vuitton unveiled an airplane-shaped handbag priced at a staggering $39,000. This avant-garde accessory, part of the brand’s Fall/Winter 2021 collection, was conceptualized by the late Virgil Abloh, Louis Vuitton’s former men’s artistic director. The bag’s design, mimicking a full-fledged aircraft complete with wings, engines,…
BlackRock Inc., the world’s largest asset manager, reached a historic milestone by closing 2024 with $11.6 trillion in assets under management (AUM), marking a significant increase from $10 trillion at the end of 2023. This growth was propelled by robust market performance and substantial investor inflows, particularly into exchange-traded funds (ETFs) and fixed-income products. Unprecedented…