News you need to know before starting your day: 07 October 2021

Morning Masala Tea
7 October, 2021

News:

  1. A joint platform of trade unions is scheduled to hold protests on Thursday against the National Monetisation Pipeline (NMP), a scheme introduced by the central government to raise as much as $81 billion by leasing out state-owned infrastructure assets over the next four years. According to the Union ministry of finance, the NMP will help fund new capital expenditure without putting pressure on government finances. HT
  2. The Uttar Pradesh government has appointed a single-person commission to investigate the Lakhimpur Kheri violence case. Retired Allahabad high court judge Padeep Kumar Shrivastava will probe the incident and submit the report in two months. HT
  3. At least nine people were killed and 27 others were said to be seriously injured after a truck and a passenger bus collided in Uttar Pradesh’s Barabanki. The bus was en route from Delhi to UP’s Bahraich when it collided head-on against the truck, leading to the death of nine passengers. As many as five people among the gravely injured have been shifted to a trauma centre in the state capital, Lucknow. HT
  4. With Metro train projects already functional or in the pipeline in several cities across the country, at least 100 cities will have their own such networks by 2047 — the 100th year of independence — Durga Shanker Mishra, secretary, Union housing and urban affairs ministry, has said. Mishra made this observation while delivering his remarks on the second day of the New India Urban Expo in Lucknow, on Wednesday. HT
  5. India and the U.S. are on the same page on Afghanistan and the threat to the region from terrorism, said visiting American Deputy Secretary of State Wendy Sherman, calling the partnership “indispensable” for both countries and the world. Striking a discordant note on India’s impending delivery of the Russian S-400 missile systems, however, Ms. Sherman, who described the S-400 deal as “dangerous”, expressed the hope that the two sides could “solve” the issue that arises from the possibility of U.S. sanctions over the defence purchase. Hindu

 

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

  1. लखीमपुर खीरी में 3 अक्टूबर को हुई हिंसा पर सियासत जारी है। गुरुवार को प्रियंका गांधी बहराइच और सपा अध्यक्ष अखिलेश यादव मृतक किसानों के परिजनों से मिलने के लिए लखीमपुर जाएंगे। इससे पहले अखिलेश ने 4 अक्टूबर को जाने का प्रयास किया था, लेकिन उन्हें लखनऊ में हिरासत में ले लिया गया था। वहीं, बसपा महासचिव सतीश मिश्र का भी लखीमपुर जाने का कार्यक्रम है। Bhaskar
  2. पाकिस्तान के बलूचिस्तान प्रांत के हरनेई इलाके में गुरुवार तड़के करीब साढ़े तीन बजे तेज भूकंप के झटके महसूस किए गए। इसमें कम से कम 20 लोगों की मौत की खबर है। इनमें एक महिला और छह बच्चे शामिल हैं। करीब 200 लोग घायल भी हुए हैं। रिक्टर पैमाने पर भूकंप की तीव्रता 6 आंकी गई।Bhaskar

  3. आज से शक्ति की आराधना का पर्व शुरू हो गया है, जो 15 अक्टूबर को दशहरे पर खत्म होगा। इस बार तिथियों की घट-बढ़ होने से नवरात्रि 8 दिनों की ही रहेगी। इस बार गुरुवार से नवरात्रि शुरू होने पर देवी झूले पर बैठकर आएंगी और शुक्रवार को दशहरा पर देवी के जाते वक्त वाहन हाथी होगा।Bhaskar

 

Relevant Google Trends Today

  1. The Finance Minister Nirmala Sitharaman today met a delegation led by billionaire investor Rakesh Jhunjhunwala in New Delhi, a tweet by the finance minister on micro-blogging website Twitter said.
  2. Ramayan actor Arvind Trivedi, who immortalised the role of Ravan, died Tuesday night (October 5) in Mumbai.
  3. Reliance Jio subscribers in select regions faced an outage this morning that was widely reported on Twitter. Jio users in Madhya Pradesh and Chattisgarh are now receiving a message where the telecom company acknowledges the network issue and is offering a complimentary unlimited plan.
  4. Shardiya Navratri 2021 begins on October 7 and the first day of the nine-day Hindu festival is dedicated to Goddess Shailputri. Nine different avatars of goddess Durga are worshipped on each day of Navratri.

 

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