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HinduBusinessLine
20h
341
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Government may extend deadline for e-ambulance incentives under PM E-DRIVE
- The government is considering extending the deadline for e-ambulance incentives under the PM E-DRIVE scheme.
- The scheme, which started on October 1, has allocated ₹500 crore for e-ambulance deployment.
- The Ministry of Heavy Industries has not notified the number of e-ambulances to be supported under the scheme.
- Only a few OEMs have shown interest in manufacturing e-ambulances, and the industry is still in consultations for finalizing guidelines.
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HinduBusinessLine
20h
81
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Space tech startups say ground station service licenses are cost effective
- Space tech startups, such as Dhruva Space and Avantel, believe that ground station service licenses are cost effective and beneficial for the space economy.
- A separate license for ground station as a service (GSaaS) enables a desirable regulatory framework and helps address cost concerns for startups and small players.
- GSaaS licenses provide critical ground support and real-time satellite communication and control at a much cheaper cost than setting up individual ground stations.
- Dhruva Space and Avantel are the only private players in India to have received authorization for GSaaS, while industry bodies differ in their opinions on the need for a separate license.
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Bworldonline
20h
77
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Live with purpose — Marcos
- President Ferdinand R. Marcos, Jr. called on Filipinos to live a meaningful and purposeful life as the Christmas season began.
- Vice-President Sara Z. Duterte-Carpio urged Filipinos to offer love to one another, especially to the poor and sick, emphasizing forgiveness and respect.
- Marcos emphasized the importance of reflecting on what is truly important and living a life of meaning and purpose during the Christmas season.
- Duterte emphasized the need for forgiveness, generosity, and love towards each other, particularly towards the poor and sick.
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Bworldonline
20h
248
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Comelec slammed over Quiboloy
- The Workers’ and Peasants’ Party (WPP) criticized the Commission on Elections (Comelec) for allowing an alleged criminal, televangelist Apollo C. Quiboloy, to run in the 2025 elections.
- WPP and Federation of Free Workers (FFW) President Jose Sonny G. Matula filed a motion challenging the dismissal of their petition to declare Quiboloy a nuisance candidate.
- The petition was based on Quiboloy's unauthorized use of the WPP as his political party when filing his certificate of candidacy.
- WPP argues that the Comelec's double standards undermine the integrity of the electoral process, as respected candidates without criminal records are disqualified while those facing serious criminal indictments are allowed to run.
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Bworldonline
20h
111
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More combat weapons surrendered
- Residents of a seaside town in Sultan Kudarat province voluntarily surrendered 29 unlicensed rifles, grenade, and rocket launchers to Philippine Army officials.
- The surrender was made in support of the Small Arms and Light Weapons Management Program of the 6th Infantry Division (ID) and the Office of the Presidential Adviser on Peace, Reconciliation and Unity.
- Local executives, Army, and police officials helped disseminate the objectives of the program, enabling peaceful surrender of the weapons cache from owners, including members of Moro fronts.
- Over the past three months, more than a hundred assault rifles, pistols, grenades, and rocket launchers have been collected by officials in Sultan Kudarat province.
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Bloomberg Quint
20h
219
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Government Extends Duty-Free Yellow Pea Imports Till February 2025
- The government has extended the import of yellow peas without duty and MIP (minimum import price) till February next year.
- Imports are subjected to registration under online Import Monitoring System for all import consignments issued on or before Feb. 28, 2025.
- The directorate general of foreign trade has issued a notification regarding the duty-free import extension.
- This follows previous extensions allowing duty-free imports of yellow peas till June and then December.
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HinduBusinessLine
20h
222
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CAI urges Govt to provide ₹500 cr budgetary support to help cotton growers adopt drip irrigation to boost yields
- The Cotton Association of India (CAI) has urged the government to provide a budgetary support of ₹500 crores to help cotton growers adopt drip irrigation and boost yields.
- Approximately 67% of India's cotton is produced in rain-fed areas, resulting in lower yields compared to irrigated belts.
- The adoption of drip irrigation technology can ensure efficient water resource management and save 40-60% of total water required for irrigation.
- The CAI also highlighted the need for the introduction of new high-yielding varieties of cotton seeds to increase productivity.
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Bloomberg Quint
20h
230
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India's Economy Likely To Grow By 6.5% In FY25 And FY26, Says EY Report
- India's economy is likely to grow by 6.5% in the current and the next financial year, as per an EY report.
- The September quarter reported lower than expected expansion in private consumption expenditure and gross fixed capital formation.
- Private final consumption expenditure and gross fixed capital formation components together accounted for a fall of 1.5% points.
- Apart from the fact that private investment demand has not picked up, there was a contraction in government of India's investment expenditure growth.
- The growth is estimated at 5.4% in the second quarter of fiscal 2025, which is a six-quarter low.
- The EY Economy Watch December 2024 forecasts India's real GDP growth at 6.5% for fiscal 2025 and fiscal 2026.
- To achieve the Viksit Bharat vision by 2047-48, a recalibrated approach is vital for sustainable debt management and driving investment-led growth.
- It would be appropriate to recast the 2019 National Infrastructure Pipeline for a period extending up to 2030 with revised targets.
- The latest edition of EY Economy Watch suggests that the total debt of the central and state governments combined should not exceed 60% of the country's nominal GDP.
- Economy Watch suggests that a major reform is required in the FRBM Act to ensure fiscal responsibility while supporting India's ambitious growth goals.
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HinduBusinessLine
20h
334
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Judicial interventions in CCI probes may hinder market efficiency
- Judicial interventions in CCI probes can hinder market efficiency.
- Increasing judicial interference in CCI's probes delays market corrections.
- Courts should allow regulatory process to proceed unhindered.
- CCI's ability to address competitive concerns is hindered by judicial delays.
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TechBullion
20h
11
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Why Blockchain Enthusiasts Are Leaving PEPE Behind for Lightchain AI
- Blockchain enthusiasts are shifting their focus from meme coins like PEPE to projects like Lightchain AI.
- Lightchain AI offers real-world utility, decentralized governance, and scalability.
- Unlike meme coins, Lightchain AI prioritizes privacy, fairness, and AI optimization.
- Investors are embracing Lightchain AI's innovative ecosystem for long-term value and sustainability.
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Guardian
20h
33
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UK box office forecast to top £1bn in 2025 after year-on-year fall
- The UK box office is forecast to surpass £1bn next year for the first time in six years.
- However, cinema bosses still say moviegoing will not return to pre-pandemic levels until 2026.
- The Hollywood actors’ and writers’ strikes last summer delayed the release of a number of blockbusters.
- Research company Omdia forecasts the UK box office decline marginally to £931m in 2024.
- This marks the first annual contraction since 2020, when the COVID-19 pandemic forced cinemas to close.
- “The problem is if you don’t have consistency in the supply of films, you lose momentum, and people forget about going,” said David Hancock, Omdia’s chief media and entertainment analyst.
- Cineworld was forced to enter bankruptcy protection in the US and later downsized its British operation to pay down its debt pile.
- Admission numbers are expected to climb year on year, from 121m in 2024 to 129m in 2025.
- However, that would still be well down on 2019’s 176m.
- UK cinema operators such as Odeon, Vue and Omniplex are taking over the sites of Cineworld after the end of its negotiation period with landlords.
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Crypto-News-Flash
20h
96
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Could Explode x1000? The Bullish New Crypto Aiming to Leave DOGE and SHIB in Its Dust by 2025!
- A new cryptocurrency called Catzilla is gaining attention for its potential to outperform tokens like Dogecoin and Shiba Inu by 2025.
- Catzilla is a meme coin that offers investors the opportunity to secure the $CATZILLA token before it goes public, with potential gains of up to 700%.
- The rise of meme coins like MEW and Popcat shows the increasing popularity of feline-themed cryptocurrencies in the market.
- Catzilla aims to disrupt traditional systems and bring chaos to the competition, offering investors a chance to join its presale and watch profits explode.
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Crypto-News-Flash
20h
96
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Holiday Market Picks: 5 Altcoins Worth Grabbing Before Christmas Ends
- Certain alternative coins are showing signs of significant potential as the year draws to a close.
- This article highlights five altcoins that might be worth considering before Christmas comes to an end.
- XYZ token is the first-ever all-sports meme token that has fought its way through the bear market with fearless momentum and shows no signs of slowing down.
- With a roadmap equipped with entertainment dApps, prediction markets, and sports betting options, XYZ is poised to draw in millions of gamblers ready to join the action.
- Ethereum (ETH) is the fuel that powers its ecosystem, playing a crucial role in transactions and rewarding those who support the network.
- In the current market cycle, with its evolving technology driven by ambitious roadmap, ETH presents an interesting opportunity for those watching the crypto space.
- PEPE is a new player launched as a deflationary memecoin on Ethereum, it embraces the fun and viral nature of internet culture.
- Shiba Inu (SHIB) operates on the Ethereum blockchain, granting it access to Ethereum’s vast ecosystem and sets itself apart with its technological capabilities.
- Cardano (ADA) is turning heads in the cryptocurrency landscape as a flexible and sustainable blockchain platform tailored for smart contracts.
- In a rapidly evolving crypto market, Cardano’s innovative technology and sustainable approach position it as a noteworthy player to watch.
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Crypto-News-Flash
20h
334
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A $200 Bet on These Cryptos Could Lead to $1M Returns by Mid-2025
- Certain cryptocurrencies show explosive growth potential and can offer unprecedented returns by mid-2025.
- DOGEN, a meme token, is likely to grow 700% by presale’s end, with a potential thousand-fold increase, making it highly attractive for ambitious individuals.
- Toncoin (TON) is a native cryptocurrency of the Open Network. Price predictions show significant growth potential with estimates reaching up to $30.30 in 2025 and $26.04 in 2030.
- TRON (TRX) is a blockchain-based platform that aims to offer full ownership rights and fair rewards to digital creators.
- Solana (SOL) is a blockchain platform designed for scalability and flexible development options across multiple programming languages.
- XRP is a low-cost, open cryptocurrency designed to facilitate seamless payments across different currencies without a central authority or bank account.
- DOGEN is holding an airdrop that offers benefits and exclusive perks for early adopters, thereby building a community of leaders.
- All the cryptocurrencies show potential in the market cycle and are expected to grow further.
- DOGEN has become popular among crypto investors as it is a new alpha on the Solana blockchain, and it is projected to set new records this bull run.
- Join DOGEN's telegram to get more information on DOGEN Portal and make the most of its early grip.
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Crypto-News-Flash
20h
334
Image Credit: Crypto-News-Flash
DTX Exchange vs Rollblock vs BlockDAG vs Rexas Finance vs PlutoChain: What Crypto To Buy Now For This Bull Run?
- DTX Exchange offers a hybrid trading platform with leverage of up to 1,000X, while Rollblock is gaining traction with its innovative approach to online gaming powered by blockchain technology.
- BlockDAG introduces a mobile mining application, democratizing access to crypto mining and Rexas Finance connects blockchain with real-world assets, opening up the $900 trillion RWA market to a broader audience.
- PlutoChain ($PLUTO) could stand out with its potential to expand Bitcoin's DeFi capabilities by introducing smart contracts, possibly redefining the blockchain space.
- PlutoChain's early testnet results demonstrate the potential for handling over 43,200 transactions daily, showcasing its ability to meet real-world demands.
- DTX Exchange ($DTX) integrates crypto, stocks, and forex with advanced trading tools and up to 1,000x leverage. Its ongoing presale raised over $10,5 million, signaling high investor confidence.
- Rollblock's innovative GameFi platform integrates online gaming with blockchain technology, offering transparency and security in transactions. The presale has attracted over 35,000 registrations and raised more than $7.4 million while being in its 9th stage.
- BlockDAG is changing the cryptocurrency mining sector by introducing mobile mining through its X1 Miner app. With over 100,000 active users, BlockDAG's mobile mining solution is gaining significant traction.
- Rexas Finance ($RXS) is reshaping real estate investment by tokenizing real-world assets, making property ownership more accessible. The platform's presale strategy has attracted significant attention, raising $5.45 million by Stage 4.
- PlutoChain ($PLUTO) is compatible with the Ethereum Virtual Machine (EVM) and could allow developers to seamlessly migrate Ethereum-based projects to Bitcoin, opening doors for decentralized applications (dApps), DeFi platforms, and NFTs on the Bitcoin network.
- PlutoChain prioritizes community engagement through its decentralized governance model. Users have the opportunity to vote on key decisions such as upgrades, partnerships, and new features.
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