Blog

13 Aug

Paytm Shares Rally 6% As RBI Grants In-Principle Approval To Subsidiary For Online Payment Aggregation

Purbalee DuttaBusiness

Shares of One97 Communications, the parent company of Paytm, jumped up to 6% to ₹1,186 on Wednesday, August 13, after the Reserve Bank of India (RBI) granted in-principle approval to its subsidiary, Paytm Payments Services Ltd (PPSL), to operate as an online payment aggregator. This allows PPSL to resume onboarding merchants, a process halted since November 2022 due to regulatory restrictions. However, the RBI has asked the company to conduct a thorough system and cybersecurity audit, with the report due within six months. If the company fails to submit the audit, the provisional approval will be withdrawn. Initially, Paytm had…

13 Aug

Amit Shah calls Rs 8,146 crore Arunachal Pradesh power project a catalyst for development of NE

Banasree SarkarArunachal Pradesh

Home Minister Amit Shah praised the Union Cabinet's approval of a 700 MW power project in Arunachal Pradesh, claiming it would spur the Northeast's development and open up new avenues for expansion and prosperity. Prime Minister Narendra Modi presided over a meeting of the Union Cabinet that authorized an investment of Rs 8146.21 crore for the development of the 700 MW Tato-II hydroelectric project in Arunachal Pradesh's Shi Yomi district. The project is expected to be finished in 72 months. "Congratulations to the people of Arunachal Pradesh on PM Shri @narendramodi Ji's approval of the 700 MW Tato-II Hydro Electric…

13 Aug

Assam Rifles confiscate areca nuts in Champhai, Mizoram, valued at Rs 2.48 crore

Sonakshi SarkarMizoram

Assam Rifles carried out a successful operation in Mizoram’s Champhai district, seizing 466 bags of illegal areca nuts valued at around Rs 2.48 crore. The contraband, weighing approximately 35,560 kilograms, was recovered during a coordinated patrol in the Ruantlang area on August 11. Acting on reliable intelligence, Assam Rifles launched a well-planned operation involving area surveillance and patrols to intercept the illegal shipment. The recovered goods were handed over to the Customs Preventive Force in Champhai for further investigation and legal action. This operation underlines Assam Rifles’ ongoing vigilance and swift response in curbing the smuggling of contraband in the…

13 Aug

Brazil Launches National Biodiversity Census Through Citizen Science App

MohiniInternational

Brazil has launched a nationwide biodiversity census campaign using a free smartphone app that invites citizens to photograph and report local flora and fauna. The app, supported by the Ministry of Environment and UNESCO, ties into real-time species mapping across the Amazon rainforest, Atlantic Forest, and Pantanal. Data collected assists in tracking endangered species and deforestation areas. The app already has over 250,000 users, with schools encouraged to use it in environmental studies. Conservation groups in Nepal and Bhutan are impressed and exploring similar apps, especially for documenting Himalayan wildlife and mountaintop vegetation.

13 Aug

VOL 7, ISSUE 28 – The Mileage

TheNewsMileageJournals

12 Aug

Fashion Factory Announces “No Conditions Sale” – 50% Off on Top Brands + Free Gifts!

Business BureauBusiness

Get ready, fashion lovers! Fashion Factory, Reliance Retail’s newest fashion discount destination, is bringing you the No Conditions Sale – a shopping event where deals you can’t resist. From 14th to 17th August 2025,enjoy Flat 50% OFF on all your favorite national and international fashion brands – plus a free gift on apparel shopping worth ₹2,499 and above. From Levi’s, Pepe, Park Avenue, Raymond, ColorPlus, Parx, Turtle, Twills, Huur, Lee Cooper, Indibee, John Players, Netplay, Peter England, Killer, Pine Club, Saddle & Mallet and more–every brand you love is part of this mega sale. Whether it’s classic formals, smart casuals,…

12 Aug

Major road damage in Tripura prompts NHIDCL inspection

Sonakshi SarkarTripura

The Managing Director of the National Highways and Infrastructure Development Corporation Limited (NHIDCL), Dr. Kishan Kumar, inspected a severely damaged 12-kilometer stretch of National Highway in the Khowai-Kamalpur area of Tripura on Monday. The highway had developed extensive potholes and damage just two years after its construction was completed. Tripura Public Works Department (PWD) Secretary Kiran Gitte said the inspection was followed by a meeting in Agartala, where Dr. Kumar discussed the issues with officials and engineers. He later visited highways across West, Dhalai, North, and Khowai districts to assess the condition of the roads firsthand. “There is a mandatory…

12 Aug

Mizoram enters railway map with new line near Aizawl

Sonakshi SarkarMizoram

The Indian Railway Catering and Tourism Corporation (IRCTC) and the Mizoram government have signed a two-year Memorandum of Understanding (MoU) aimed at boosting tourism in the state ahead of the launch of Mizoram’s first-ever railway link.The landmark Bairabi–Sairang New Railway Line Project, developed under the Northeast Frontier Railway (NFR), will connect Mizoram to the Indian Railways network for the first time. This new rail link will extend up to Sairang, located close to the state capital Aizawl, promising easier access and greater economic opportunities for the hilly region. Under the MoU signed in August 2025, IRCTC will act as the…

12 Aug

HAL Q1 Results: Defence PSU Slips 2%, Extends 1-Month Fall To 10%

Purbalee Duttabreaking news

Shares of Hindustan Aeronautics Ltd (HAL) declined on Tuesday ahead of the company’s June quarter earnings announcement. The stock dropped 2.36% to a low of ₹4,341 on the BSE. Over the past month, HAL has fallen 10.42%, underperforming the BSE Sensex, which declined 2.16% during the same period. Analysts said investors are closely watching updates on GE engine supplies and possible repeat orders for the LCA Mark 1A. Nomura India projects HAL’s Q1 net profit to rise 16.6% year-on-year (YoY) to ₹1,198.80 crore, compared to ₹1,028.40 crore last year. Revenue is expected to grow 11% YoY to ₹4,825 crore, with…

12 Aug

Arunachal CM starts Itanagar’s Government Housing Redevelopment Project

Banasree SarkarArunachal Pradesh

Pema Khandu, the chief minister of Arunachal Pradesh, reaffirmed his commitment to making Itanagar a modern, well-planned city by laying the foundation for phase-II of the government housing rehabilitation project. The new phase will cover B-Sector, C-Sector, P-Sector, and Niti Vihar. Khandu recalled the May 31 opening of the A-Sector multi-story complex, saying the project was the first step toward constructing safe, comfortable homes in place of dangerous, antiquated structures. "Our vision goes beyond government quarters; affordable, earthquake-resilient, and dignified housing for all is our priority," he said, warning those who were encroaching on government land and property that no…