News you need to know before starting your day: 29 September 2021

Morning Masala Tea
29 September, 2021

News:

  1. India has emerged as a “prime destination” for the digital payment revolution, with fintech adoption rate of 87%, much above the global average of 64%, finance minister Nirmala Sitharaman said on Tuesday. Financial Express
  2. The Union government has ordered the dissolution of the four-decade-old Ordnance Factory Board (OFB) and amalgamated 41 factories under seven new state-owned companies to manufacture defence hardware ranging from munitions to heavy weapons and vehicles. HT
  3. Amid calls for a caste census come findings that 44.4 percent of 17.24 crore rural households in the country are from Other Backward Classes (OBCs) and that OBC households are in a majority across rural areas of seven states — Tamil Nadu, Bihar, Telangana, Uttar Pradesh, Kerala, Karnataka and Chhattisgarh — which together send 235 Lok Sabha members to Parliament. Indian Express
  4. In an unusual proposal involving two State-owned entities, the Common Services Centres (CSC) of the Ministry of Electronics and Information Technology has proposed buying a controlling stake in Bharat Broadband Network Limited (BBNL), which comes under the Communications Ministry’s Department of Telecommuni-cations (DoT), sources in the know of the development said. Indian Express
  5. Claiming that it has got a “positive response” from the ground after choosing Charanjit Singh Channi as Chief Minister, the Congress high command was keen not to let Navjot Singh Sidhu remote-control the government in Punjab. This was cited by sources as one of the reasons behind Sidhu’s surprising resignation as state unit chief of the Congress. The high command is said to have stood by Channi even as Sidhu tried to have his way in appointments to senior administrative posts, selection of ministers and allocation of portfolios. Indian Express

 

Hindi News: ( so that you don’t miss out )

  1. पंजाब में नवजोत सिंह सिद्धू के इस्तीफे के बाद पंजाब कांग्रेस में खलबली मच गई है। इधर, बड़ी खबर यह है कि कांग्रेस अध्यक्ष ने सिद्धू का इस्तीफा मंजूर नहीं किया है। सूत्रों के मुताबिक, हाईकमान ने राज्य के नेताओं से अपने स्तर पर मामला सुलझाने को कहा है। इस मसले पर चर्चा के लिए पंजाब के CM चरणजीत सिंह चन्नी ने गुरुवार सुबह इमरजेंसी मीटिंग बुलाई है। Bhaskar
  2. बेंगलुरु में रविवार को एक बोर्डिंग स्कूल के 60 स्टूडेंट्स कोरोना पॉजिटिव पाए गए। जिलाधिकारी जे मंजूनाथ ने बताया कि इस स्कूल में 480 स्टूडेंट्स पढ़ाई कर रहे हैं। इनमें दो स्टूडेंट्स को हल्के लक्षण हैं, जिनका इलाज चल रहा है। मंजूनाथ ने आगे बताया कि एक स्टूडेंट्स को उल्टी, दस्त आदि के लक्षण थे, जिसके बाद उनका टेस्ट किया गया। 60 छात्रों में से 14 तमिलनाडु के हैं और 46 कर्नाटक के विभिन्न हिस्सों से हैं।Bhaskar
  3. भारतीय सेना ने एक बड़ी कामयाबी हासिल करते हुए जम्मू-कश्मीर के उरी में आज भी एक आतंकी को मार गिराया। सर्जिकल स्ट्राइक के 5 साल पूरे होने के मौके पर सेना ने उरी जैसे दूसरे हमले की साजिश को नाकाम किया है। पांच साल पहले उरी में ही आतंकियों ने सेना पर हमला किया था।Bhaskar
  4. दिल्ली हाईकोर्ट ने मंगलवार को कहा कि 2020 में राष्ट्रीय राजधानी में हुए दंगे की पहले से योजना बनाई गई थी। यहां हिंसा किसी घटना के बाद अचानक से नहीं भड़की। कोर्ट ने इस मामले के एक आरोपी को जमानत देने से इनकार करते हुए यह टिप्पणी की। मालूम हो कि दिल्ली दंगे में 42 से ज्यादा लोग मारे गए और करीब 200 घायल हुए।Bhaskar

 

Relevant Google Trends Today

  1. To increase public awareness of cardiovascular diseases, their prevention and their global impact, World Heart Day is observed and celebrated annually on September 29.
  2. Kanhaiya Kumar walks into Congress; Jignesh Mevani expresses support for party ideology
  3. The National Board of Examinations (NBE) has announced the result of the National Eligibility cum Entrance Test – Postgraduate (NEET PG 2021). The link to check result for NEET PG 2021 will soon be active on the official portal www.nbe.edu.in.
  4. As Legendary singer Lata Mangeshkar turned a year older, Prime Minister Narendra Modi took to his Twitter handle and extended his best wishes to his ‘Lata Didi.’
  5. The much-awaited high-resolution version of the popular battle royale game Garena Free Fire has arrived. Dubbed Garena Free Fire Max, the game is now available for download via app stores on Android and iOS.
  6. British boxer Amir Khan says he believes he was removed from a US flight on 18 September due to his race. Khan and a colleague were traveling to a training camp in Colorado with American Airlines when they were escorted from the flight by police following a row with flight attendants.

 

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