GDP expected to grow at 8.9% in 2021-22

News Today:

Half the world’s population lives in regions vulnerable to the climate crisis

At least half the world’s population lives in regions vulnerable to the climate crisis, which has become complex, with several interacting factors likely to increase food prices, reduce household incomes, and lead to malnutrition and climate-related deaths, especially in tropical regions, according to the latest report of the Intergovernmental Panel on Climate Change (IPCC) that was released Monday. HT

Remaining two phases of polling in the eastern districts in the Uttar Pradesh

With cracks appearing in its OBC vote bank, which had helped the party sweep the region in the 2017 Assembly polls, the BJP faces a tough electoral battle in the remaining two phases of polling in the eastern districts in the Uttar Pradesh Assembly eastern districts in the Uttar Pradesh Assembly elections on March 3 and 7. Deccan Herald

Burmans to take control of Eveready

The Burmans of Dabur India have decided to “take control” of Eveready from the Khaitans of Calcutta. For nearly two years, there has been intense speculation about when the Burmans would make their move on the country’s largest dry cell battery maker. Telegraph

Four Union Ministers to supervise the evacuation from Ukraine

Ramping up diplomatic efforts to evacuate Indian nationals stuck in cities and border points of Ukraine, the government decided Monday to send four Union Ministers to supervise the evacuation, announced plans for more flights to bring back students not just from India but also from neighbouring and developing countries, and send relief supplies to Ukraine as a humanitarian gesture.. Indian Express

GDP expected to grow at 8.9% in 2021-22

India’s gross domestic product (GDP) is estimated to grow at 8.9% in 2021-22 instead of 9.2% estimated earlier, with year-on-year growth in the October to December 2021 period slipping to 5.4% from 8.5% in the previous quarter, as per the second advance national income estimates released on Monday. Hindu

Google Trends Today

National Science Day

It was on February 28 in 1928 that iconic Indian physicist C.V. Raman made an important discovery, known as the Raman Effect. Raman was awarded the Nobel Prize for his discovery in 1930. Since 1987, this day has been celebrated as National Science Day in India.

Madhabi Puri Buch as SEBI chairperson

The government on Monday named former banker Madhabi Puri Buch as chairperson of the Securities and Exchange Board of India, breaking a glass ceiling in the male-dominated field of financial regulation.

Byju's Faces Drastic Valuation Cut Amid Financial Turmoil

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

Australia Accelerates Clean Energy Transition Amid Market Shifts and Investment Surge

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.

CVoter India Today: BJP Projected to Secure Clear Majority in 2024 Indian Elections

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

GDP expected to grow at 8.9% in 2021-22

News Today:

Half the world’s population lives in regions vulnerable to the climate crisis

Remaining two phases of polling in the eastern districts in the Uttar Pradesh

Burmans to take control of Eveready

Four Union Ministers to supervise the evacuation from Ukraine