Loss of economic momentum, festive demand beginning to dissipate

Morning Masala Tea
10 January, 2022

News Today:

Loss of economic momentum with the festive demand beginning to dissipate 

On January 3 and January 5, IHS Markit released its Purchasing Managers’ Indices for manufacturing and services in India for the month of December. These data points paint a sobering picture. While both manufacturing and services PMI are above the psychological threshold of 50 – a PMI value above 50 suggests an expansion of economic activity over previous month – they show a moderation compared to the months of October and November. HT

Third dose from Today

High-risk heath and front line workers, and senior citizens with co-morbidities can from today walk into any vaccination centre for inoculation with a third precautionary dose, provided the second dose was taken nine months ago. They can also book a slot online through the government’s CoWIN portal. HT

A survey of almost 18 lakh acres of defence land 

The defence ministry on Sunday announced that it has concluded a survey of almost 18 lakh acres of defence land scattered across 4,900 pockets across the country for effective land use and planning, and preventing encroachments in what is being dubbed as one of the biggest such surveys in India. HT

Chief Minister Yogi Adityanath, has already toured at least 250 Assembly constituencies 

While the Election Commission has announced a ban on roadshows and rallies until January 15 ahead of the February-March Assembly polls in five states amid the spiking Covid cases, the ruling BJP in Uttar Pradesh seems to have stolen a march on its rivals in terms of physical campaigning so far. BJP sources say the party’s leading UP campaigner, Chief Minister Yogi Adityanath, has already toured at least 250 Assembly constituencies across the state in the past few months. Indian Express

400 Parliament staff COVID-19 positive

Nearly 400 personnel working at Parliament tested positive for COVID-19 between January 4 and 8, sources said on Sunday. The crucial Budget Session of Parliament is scheduled to begin in the last week of January. Hindu

 

Indian Language News: 

( Different Indian language everyday – Using Google Translate )

Closed-door meeting at Shantanu’s house with BJP ‘rebels’ 

The BJP has recently announced a new state committee. Since then, anger has been created among many within the party. Sayantan Basu has been one of the state general secretaries of the BJP for the last five years. According to sources, Sayantan left all the WhatsApp groups of the party after being dropped from the new committee. Veteran leaders of the party Pratap Bandyopadhyay, Ritesh Tiwari and Joy Prakash Majumdar, who have been vice-presidents for a long time, also did not get any post.. Ananda Bazar

West Bengal infection rate rise to 34 %

According to a bulletin released by the state health department on Sunday, 24,026 people have been newly infected in the state in the last 24 hours. 6,612 people have been affected in Kolkata. 5,053 new victims in North 24 Parganas. The daily infection in Howrah is 1,842 in one leap. In Hooghly and South 24 Parganas, 1,026 people and 1,034 people were newly infected.  Ananda Bazar

Bengal CM sends fruits and sweets to Saurabh Ganguly’s family

On the last day of the year, Saurabh returned home after winning against the corona from the hospital. But within a few days, his younger uncle Debashis Gangopadhyay, his cousin Shuvradeep and his sister-in-law Jasmine were infected. Maharaja’s daughter Sana was caught as well with COVID. However, it is known that everyone is fine. Ananda Bazar

 

Note: The Eighth Schedule to the Constitution consists of the following 22 languages:- (1) Assamese, (2) Bengali, (3) Gujarati, (4) Hindi, (5) Kannada, (6) Kashmiri, (7)Konkani, (8) Malayalam, (9) Manipuri, (10) Marathi, (11) Nepali, (12) Oriya, (13)Punjabi, (14) Sanskrit, (15) Sindhi, (16) Tamil, (17) Telugu, (18) Urdu (19) Bodo, (20) Santhali, (21) Maithili and (22) Dogri.

 

Google Trends Today

Google doodle honours Fatima Sheikh 

Fatima Sheikh played an instrumental role in co-founding one of India’s first school for girls, alongside Jyotirao and Savitribai Phule. Google on January 9, 2022, honoured educator and social reformer Fatima Sheikh, on her 191st birth anniversary with a doodle on their homepage.

The death toll in Pakistan’s Murree has gone up to 23 people

The death toll due to unprecedented snowfall and rush of tourists in Pakistan’s popular hill station of Murree has gone up to 23 after a minor girl suffering from severe cold and pneumonia died as she could not be rushed to the hospital in time..

India’s best dancer winner

The second season of dance reality show India’s Best Dancer got its winner on Sunday night. Saumya Kamble beat Raktim Thaturia, Zamroodh, Roza Rana and Gourav Sarwan to lift the India’s Best Dancer Season 2 trophy.

Compiled from Google Trends

 

Twitter Trends 

  1. Remaining tourists rescued in Pakistan snowstorm where at least 22 died stranded in extreme cold
  2. NASA’s Grand Plans for 2022!

 

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