Ukraine President Volodymyr Zelensky spoke to PM Modi

Morning Masala Tea
27 February, 2022

News Today:

Ukraine President Volodymyr Zelensky spoke to Prime Minister Narendra Modi

Ukraine President Volodymyr Zelensky on Saturday said he spoke to Prime Minister Narendra Modi. Zelensky’s tweet in this regard came hours after Russia praised India’s decision to abstain from voting at the United Nations Security Council meeting. The Kremlin has continued its offensive on the neighbouring land for the third day, now reaching for the Ukrainian capital of Kyiv. HT

Politics of caste and religion for the ‘dismal’ state of affairs in Uttar Pradesh

Congress general secretary Priyanka Gandhi Vadra on Saturday blamed the politics of caste and religion for the ‘dismal’ state of affairs in Uttar Pradesh and said the non-Congress governments for three decades had done nothing except tall claims of development. Deccan Herald

Kyiv has held out overnight against Russian attacks

Russia’s invasion of Ukraine entered its third day on Saturday with several major Ukrainian cities being hit by Russian missiles and shells as civilians took to underground shelter or fled their homes. Telegraph

Rajasthan government to pay Rs 3,048.63 crore with 9 per cent interest to Adani Power 

The Supreme Court on Friday directed power distribution companies owned by the Rajasthan government to pay Rs 3,048.63 crore with 9 per cent interest to Adani Power Rajasthan Ltd (APRL), which had generated and supplied power for them. It also stated that the discoms would otherwise be liable for contempt of court. Indian Express

Foreign investors will now be able to invest up to 20% in LIC shares

The government on Saturday approved changes to India’s foreign direct investment (FDI) policy to allow global investors to participate in the initial public offering of Life Insurance Corporation of India (LIC) shares expected to be launched soon. Foreign investors will now be able to invest up to 20% in LIC shares under the automatic approval route, government sources said. Hindu

 

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ICAI CA Inter Result 2021 is expected to release today on February 26

Institute of Chartered Accountants of India, ICAI CA Inter Result 2021 is expected to release today on February 26. Candidates who have appeared for the ICAI CA Intermediate examination can check their result on the official website of ICAI CA at www.icai.org.

First African-American woman in American history, Ketanji Brown Jackson to serve as a judge in the US Supreme Court

Making history, US President Joe Biden has nominated Ketanji Brown Jackson to serve as a judge in the US Supreme Court. If confirmed by the Senate, Jackson will become the first African-American woman in American history to serve in the highest court of the land in its history.

 

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Twitter Trends 

  1. Indian students stranded in Ukraine seek help to come home
  2. Ukrainian forces repel Russian assault on Kyiv in vicious street fighting
  3. Experts explain the risks of direct military intervention by NATO in Ukraine
  4. #UkraineRussiaWar

 

Compiled from Twitter

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