Factory outlets are retail spaces where companies sell their products directly to the customer, and usually at a steep discount. According to a report, at least six factory outlet malls are being planned in India. Watch the video for more details 

According to a report, at least six factory outlet malls are being planned in India. Watch the video for more details

Special malls for factory outlets! Details inside

IndiGo has launched daily direct flights between Chennai and Penang in Malaysia on Saturday, becoming the 37th international destination for the private airliner.
The new route caters to the growing demand for travel between the two cities, offering both business and leisure travellers a convenient and affordable option, IndiGo said in a statement on Saturday.
"We are extremely pleased to further expand our network into Malaysia with the launch of direct flights from Chennai to Penang, our third destination in Malaysia, alongside Kuala Lumpur and Langkawi. With the inclusion of these flights to Penang, IndiGo will now operate 28 weekly flights to Malaysia from 2 cities in India" IndiGo Head of Global Sales Vinay Malhotra said in a statement.
At the inaugural ceremony, Chennai Airport director C V Deepak handed over the boarding pass to the first passenger on Saturday.
"Your gateway to Malaysia's crown jewel! The inaugural flight (6E1045) of IndiGo from Chennai to Penang was marked 

The new route caters to the growing demand for travel between the two cities, offering both business and leisure travellers a convenient and affordable option

The Andhra Pradesh government and EdTech company PhysicsWallah have signed an agreement to set up a University of Innovation (UoI) at an investment of up to Rs 1,000 crore.
The UoI is set to emerge as the first institute of eminence in the state and aligns with Chief Minister N Chandrababu Naidu's aim to provide the state's youth with education in Artificial Intelligence (AI) and other emerging technologies.
We are committed to investing up to Rs 1,000 crores by GSV Ventures - US and other investors, the purpose is to create an institution that combines academic learning with industry relevance. The UoI will help learners with the skills they might need in a constantly evolving job market, in an attempt to foster entrepreneurship and innovation, said PhysicsWallah founder and chief executive Alakh Pandey in a press release on Friday.
The UoI will work towards blending academic excellence, innovation, and research, focusing on addressing key challenges in education and ...

The UoI is set to emerge as the first institute of eminence in the state and aligns with Chief Minister N Chandrababu Naidu's aim to provide the state's youth with education in AI, other technology

Albania's prime minister said on Saturday the government will shut down the video service TikTok for one year, blaming it for inciting violence and bullying, especially among children.
Albanian authorities held 1,300 meetings with teachers and parents following the stabbing death of a teenager in mid-November by another teen after a quarrel that started on TikTok.
Prime Minister Edi Rama, speaking at a meeting with teachers and parents, said TikTok "would be fully closed for all.... There will be no TikTok in the Republic of Albania". Rama said the shutdown would begin sometime next year.
It was not immediately clear if TikTok has a contact in Albania.
TikTok, in an email response on Saturday to a request for comment, asked for "urgent clarity from the Albanian government" on the case of the stabbed teenager. The company said it had "found no evidence that the perpetrator or victim had TikTok accounts, and multiple reports have in fact confirmed videos leading up to this incident w

There has been increasing concern from Albanian parents after reports of children taking knives and other objects to school to use in quarrels or cases of bullying promoted by stories on TikTok

According to Isro, the agreement establishes a framework for cooperative activities in human space exploration and research

Days after Zakir Hussain was laid to rest at a San Francisco cemetery, the family of the tabla maestro shared a moving post on his official Instagram account on Sunday.
It marks the first post on the social media page of Hussain since his death at a San Francisco hospital early last week due to complications arising from idiopathic pulmonary fibrosis, a lung disease. He was 73.
The undated black-and-white picture shows the hands of Hussain, his wife Antonia Minnecola, daughters Anisa Qureshi and Isabella Qureshi held tightly together.
"Always together in love," read the caption of the post, tagging the four members of Hussain's kin.
One of the world's most accomplished percussionists, Hussain was laid to rest at the Fernwood cemetery in San Francisco on Thursday.
Hundreds of his admirers gathered at his funeral to pay their last respects. Sivamani and several other musicians played drums a little distance away to pay him a tribute.
The celebrated musician, one of India's most ...

The celebrated musician, one of India's most well-known, received four Grammy Awards in his career spanning six decades, including three at the 66th Grammy Awards earlier this year

Fundraising via IPOs in India hit another landmark as economic growth, favourable market conditions and improvements in the regulatory framework helped companies raise a record Rs 1.6 lakh crore in 2024, while the pipeline for the next year holds out bigger promise.
This exceptional year not only reflected the confidence of issuers but also highlighted investors' eagerness to seize listing-day gains or back companies with strong long-term growth potential.
The year was marked by Hyundai Motor India's historic IPO, the largest in the country's history, which raised Rs 27,870 crore.
Companies of varying market capitalisations -- large, mid, and small -- tapped into the IPO route in 2024, with the average issue size rising significantly from Rs 867 crore in 2023 to over Rs 1,700 crore in 2024.
The exceptional vibrancy of the IPO market was evident, with December alone seeing at least 15 launches.
"Rising retail participation, strong domestic inflows and active participation by FPIs (

Companies of varying market capitalisations -- large, mid, and small -- tapped into the IPO route in 2024, with the average issue size rising significantly from Rs 867 crore in 2023 to over Rs 1,700cr

The GST Council, in its meeting on Saturday, is likely to decide on reducing tax rates on life and health insurance premiums, but a decision on big-ticket rate rationalisation, including a higher tax on sin goods, may be deferred.
The GoM on GST rate rationalisation had proposed rate rejigs in 148 items in its recommendations, but sources said that consensus is needed to be built on some of the tax changes that the panel has suggested and some more time may be needed for that.
The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, is also likely to deliberate on bringing Aviation Turbine Fuel (ATF), a major component for airline industry's operation cost, in the Goods and Services Tax (GST) fold.
The GST rate is also proposed to be cut on food delivery platforms like Swiggy and Zomato, to 5 per cent (without input tax credit), from the current 18 per cent (with ITC).
However, the Fitment Committee (comprising tax

Also, the Group of Ministers (GoM) on GST compensation cess is likely to get a six month extension till June, 2025, to submit its report. The compensation cess regime comes to an end in March, 2026

Funds devolved to states under the 15th Finance Commission (2021-2024) is more than what was devolved under the 14th Finance Commission (2015-20), finance minister Nirmala Sitharaman said on Friday.
In a pre-budget meeting with states, Sitharaman remarked that because of healthy macroeconomic environment, buoyancy and efficiency in the tax collections, the devolution has increased.
"The funds devolved to the states in the last 45 months (April 2021 to December 2024) under the 15th Finance Commission is more than what was devolved in 60 months under the 14th Finance Commission (2015-20)," an official statement quoting Sitharaman said.
The Union finance minister also referred to the Scheme for Special Assistance to States for Capital Investment (SASCI), which was first announced in the Union Budget 2020-21, and acknowledged that it has received a very good response from states.
States have been requesting the Central government to enhance the outlay under the scheme as it is leading

In addition to this, the Union finance minister stated that the Centre has created an additional dispensation under SASCI for the states affected by disaster of a severe nature as assessed by the Inte

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Special malls for factory outlets! Details inside

Factory outlets are retail spaces where companies sell their products directly to the customer, and usually at a steep discount. According to a report, at least six factory outlet malls are being planned in India. Watch the video for more details

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