Retail inflation at 6 %

Morning Masala Tea
15 March, 2022

News Today:

India wants direct talks between Russia – Ukraine

India’s representative at the UNSC said the country believes any lasting resolution of conflict can only be achieved through peaceful negotiations, while stressing the need to respect international law, sovereignty and territorial integrity of states. Speaking about the Organisation for Security and Cooperation in Europe (OSCE), India said it is playing an important role in facilitating implementation of package of measures across both sides of contact line in Ukraine. . HT

Paytm allowed data to flow to servers abroad 

Paytm Payments Bank, which processes transactions for India’s digital payments giant Paytm, was barred from taking on new customers because it violated rules by allowing data to flow to servers abroad and didn’t properly verify its customers. Deccan Herald

Paytm IPO : Should you invest ?

Children 12 to 15 eligible for Covid-19 vaccinations

Children aged between 12 and 15 will be eligible for Covid-19 vaccination and everyone 60 years or older may receive booster doses from March 16, the Union health ministry announced on Monday. The Covid-19 vaccination campaign that had opened up in January this year for children aged 15 to 18 years will now offer the jabs to all children born in 2008, 2009 and 2010 too, the ministry said. Telegraph

Retail inflation at 6 %

India’s retail inflation surged to 6.07 per cent in the month of February, over and above the Reserve Bank of India’s (RBI) threshold of 6 per cent, data released by the Ministry of Statistics & Programme Implementation (MoSPI) showed Monday . Indian Express

Attracting the youth to revive the grand old party

Attracting the youth to revive the grand old party was one of the key points that emerged out of Sunday’s meeting of the Congress Working Committee (CWC), a source familiar with the proceedings said on Monday. Senior leader Jairam Ramesh raised the issue while speaking on the party’s declining electoral fortunes and asked to focus on the youth segment. Hindu

 

Google Trends Today

Paytm at all time low

Shares of One 97 Communications Ltd — parent company of fintech platform Paytm — hit a new all-time low of Rs 672 per share after falling 12% in early trade on Monday.

Happy Pi Day

National Pi Day takes place every year on March 14, a nod to the first three digits of the mathematical constant 3.14. Falling on Albert Einstein’s birthday, Pi Day is celebrated by math fans all around the world – often with pie to celebrate all things pi!

Deadline day for Chelsea bids

Groups interested in buying Chelsea from Roman Abramovich are rushing to ensure their takeover proposals are ready before this week’s deadline to submit bids.

 

Google Trends

Twitter Trends 

  1. Convoy of 160 cars leave besieged Ukrainian city of Mariupol, authorities say
  2. Activists stormed a Russian oligarch’s mansion in London and unfurled a sign saying the property had been ‘liberated’
  3. Julian Assange

 

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