News you need to know before starting your day: 21 September 2021

Morning Masala Tea
21 September, 2021

News:

  1. Prime Minister Narendra Modi will have bilateral meetings with both US President Joe Biden (September 24) and vice president Kamala Harris (September 23) in the course of a busy three-day trip to the US that will see him addressing the United Nations General Assembly in New York as the first speaker of the day.HT
  2. The Finance minister said, “I’m happy to see recovery; at this stage we want to have very positive signs from all segments so that mutually they create this thing called sentiment. If sentiment becomes positive, it creates a multiplier effect.” HT
  3. With 53 more cases of dengue recorded in the Capital over the last week, the total number of the mosquito borne infection so far this year in Delhi has crossed the 200 mark. HT
  4. The UK has changed its Covid-19 travel rules, placing Indians who are vaccinated with Covishield in the category of ‘unvaccinated’. While it has relaxed the rules for those vaccinated with two doses Oxford-AstraZeneca vaccine, the same version of the vaccine being manufactured in India by Pune based Serum Institute of India has been kept out of the list. Indian Express
  5. Congress appointed Sukhjinder Singh Randhawa and Om Parkash Soni as deputy CMs in Punjab. While Channi is MLA from Chamkaur Sahib in Malwa region, Soni and Randhwa represent Amritsar Central and Dera Baba Nanak, respectively, in Majha. Indian Express

 

Relevant Google Trends Today

  1. BJP leader Kirit Somaiya detained at railway station ahead of Kolhapur visit. Kirit Somaiya was scheduled to Kolhapur later in the day to prove his allegations of corruption against minister Hasan Mushrif, an MLA from Kagal in the western Maharashtra district.
  2. For the first time in the history of Tirumala Tirupati Devasthanams (TTD), 52 persons were appointed as special invitees for its trust board against seven only in the board constituted in 2019.
  3. Mahant Narendra Giri, president of the Akhil Bharatiya Akhara Parishad, was found dead in his room at the Baghambari Math in Uttar Pradesh’s Prayagraj on Monday evening.

 

Startup
24 February, 2024

Byju’s, once heralded as a flagship in India’s edtech sector, is grappling with severe financial and operational challenges, marked by a dramatic valuation drop. The company, which sought to stabilize its operations and finances, is now raising funds at a valuation significantly lower than its peak. This development comes amid efforts to address a substantial debt burden, with Byju’s proposing a repayment plan for its $1.2 billion loan. Investor confidence appears shaken, with some stakeholders pushing for drastic changes in leadership to navigate the crisis effectively. The turmoil reflects broader sectoral pressures and raises questions about the sustainability of high-growth trajectories in the edtech industry

Energy
10 February, 2024

Australia’s energy market is witnessing significant transitions and investments aimed at bolstering renewable energy infrastructure and securing gas supplies. Key developments include a $179 million investment by the Queensland Government for community battery projects, Santos’ $5.7 billion gas pipeline project following a legal battle win, and a $206 million energy savings package for NSW households. Additionally, the Australian government has secured new gas supply deals to support the east coast market, emphasizing the role of gas in transitioning to a renewable grid.

India 2024
9 February, 2024

The latest opinion polls, including the Mood of the Nation survey by India Today, predict a comfortable victory for Prime Minister Narendra Modi’s BJP and its allies in the National Democratic Alliance (NDA), with a projected win of 335 Lok Sabha seats in the 2024 general elections. This forecast suggests a slight decrease from the 2019 elections but still ensures a majority. The survey, involving interviews with over 149,000 respondents, reflects Modi’s enduring popularity based on his nationalist policies and economic reforms. Other polls echo these findings, although seat projections vary slightly. The opposition INDIA alliance is expected to secure a significant number of seats, yet not enough to challenge the NDA’s majority. These predictions highlight a political landscape that remains largely favorable to Modi and the BJP as the election approaches