News you need to know before starting your day: 30 September 2021

Morning Masala Tea
30 September, 2021

News:

  1. India is a week away from the effective start of its festive season, which will likely see a much-needed consumer spending boom. But the country’s economy faces a serious threat — inflation, especially via the fuel route. A rising trend in international crude prices is only one part of the fuel inflation story as taxes are a big reason behind the current levels of fuel prices. HT
  2. Even Parliament can’t take away the power of the Supreme Court to punish for contempt, the top court ruled on Wednesday, stressing that the authority is bestowed by the Constitution itself, and therefore no law can be enacted to mitigate or nullify it. HT
  3. The Supreme Court will on October 6 go into an affidavit filed by the environment ministry last October on the use of so-called green and improved fireworks — hearing a case that could well decide whether this Diwali will see fireworks. HT
  4. A day after Navjot Singh Sidhu resigned as PPCC chief and triggered a new crisis in the Punjab Congress, the party leadership launched an exercise to placate him but Sidhu appeared to be in no mood to relent. Indian Express
  5. Just over a week after he resigned as Punjab Chief Minister, veteran Congress leader Captain Amarinder Singh met Union Home Minister Amit Shah in the national capital on Wednesday, setting off speculation about the meeting and his next steps. Indian Express

 

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

  1. अफगानिस्तान पर तालिबान के कब्जे के बाद अब यहां के पूर्व उपराष्ट्रपति अमरुल्ला सालेह ने निर्वासित सरकार का गठन कर दिया है। सालेह ने कहा है कि वो इस निर्वासित सरकार के कार्यवाहक राष्ट्रपति होंगे, क्योंकि पूर्व राष्ट्रपति अशरफ गनी न तो उनके साथ हैं और न ही वो अफगानिस्तान में मौजूद हैं। सालेह इस वक्त स्विटजरलैंड में मौजूद हैं। कुछ दिनों पहले पंजशीर में उनके भाई की तालिबान ने हत्या कर दी थी। Bhaskar
  2. जम्मू-कश्मीर के उरी सेक्टर में मुठभेड़ के दौरान जिंदा गिरफ्तार हुआ आतंकी अली बाबर ने बुधवार को मीडिया के सामने आतंकी साजिश के कई राज उगले। 19 साल के बाबर ने बताया कि उसके पिता नहीं हैं और बहन की शादी करवानी थी। पैसों के लालच में आतंकियों के संपर्क में आया और यह रास्ता चुन लिया। बाबर ने बताया कि सीमा पार उनके आका उरी जैसी ही एक और हमले की बड़ी साजिश की तैयारी में हैं।Bhaskar
  3. प्रधानमंत्री नरेंद्र मोदी ने बुधवार को कैबिनेट मीटिंग की। इसमें एजुकेशन, इंफ्रास्ट्रक्चर और फॉरेन ट्रेड को लेकर कुछ अहम फैसले लिए गए। तीन फैसलों का खास तौर पर जिक्र किया जा सकता है। पहला- दो रेल लाइन का दोहरीकरण। दूसरा- निर्यात बढ़ाने के लिए उपाय। तीसरा- मिड डे मील की जगह प्रधानमंत्री पोषण योजना।Bhaskar
  4. छत्तीसगढ़ कांग्रेस में एक बार फिर सियासी सरगर्मी बढ़ी है। अचानक 10 से अधिक विधायक दिल्ली पहुंच गए हैं। इनमें बृहस्पति सिंह भी शामिल हैं। दिल्ली जाकर विधायकों ने एक प्राइवेट होटल में डेरा डाल दिया है।खबर है कि ये सभी प्रदेश कांग्रेस प्रभारी पीएल पुनिया से मुलाकात करेंगे। इस दौरे से प्रदेश में कैबिनेट में बदलाव या नेतृत्व परिवर्तन की बातें फिर से शुरू हो गई हैं। विधायकों के इस कदर दिल्ली कूच के मायने निकाले जा रहे हैं।Bhaskar

 

Relevant Google Trends Today

  1. Nokia has announced the Nokia Purebook S14 laptop that comes with Windows 11 pre-installed. This makes it the first laptop to go on sale in India with Windows 11.
  2. Japan’s former foreign minister Fumio Kishida is set to replace Yoshihide Suga as prime minister after he won the ruling Liberal Democratic Party’s leadership vote on Wednesday.

 

Startup
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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