News you need to know before starting your day: 04 October 2021

Morning Masala Tea
4 October, 2021

News:

  1. The UK wants to strike agreements covering trade and security with India and other freedom-loving democratic countries in the strategic Indo-Pacific region to challenge the influence of “malign actors and authoritarian states”, Britain’s new Foreign Secretary Liz Truss said on Sunday. Business Standard
  2. Senior Congress leader Digvijaya Singh on Sunday accused Prime Minister Narendra Modi of promoting multinational companies at the cost of the country’s small businesses and demanded a probe by a Supreme Court judge into a report of what he claimed was bribery involving e-commerce giant Amazon. Business Standard
  3. The Delhi University will commence admissions from Monday under the first cut-off list and the process is completely online this year, like the last time, with the varsity asking students not to come to the campus.The university announced the first cut-off list on October 1. Now, the admission process will start on Monday and go on till October 6 Business Standard
  4. E-commerce firm Flipkart is betting big to tap the $100 billion fashion market in the country with only 6 per cent having been penetrated by the online retail players. Till now this market has mainly been largely offline and run by big traditional retailers having fashion stores across the country. However, the coronavirus pandemic has accelerated the shift among consumers towards online shopping of fashion products. Business Standard
  5. Security personnel have recovered a consignment of arms and ammunition dropped by a Pakistani drone near the International Border in Jammu district, officials familiar with the matter said on Sunday. HT
  6. In a major push to self-reliance in defence, India has signed contracts and cleared projects worth almost 54,000 crore in less than a month to boost military capability with locally produced weapons and systems, including transport planes, tanks, helicopters, airborne early warning systems and counter-drone weapons. HT

 

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

  1. लखीमपुर खीरी में 8 लोगों की मौत के बाद यूपी में राजनीतिक गहमागहमी बढ़ गई है। रविवार देर रात प्रियंका गांधी लखनऊ पहुंची। यहां से किसानों से मिलने वह सीधे लखीमपुर रवाना हुईं, लेकिन पुलिस ने रोक लिया। धक्का-मुक्की के बीच प्रियंका पैदल ही आगे बढ़ गईं। इस दौरान उन्होंने करीब 700 मीटर की दूरी पैदल ही तय की। हालांकि कुछ दूर बाद वह दोबारा कार से प्रोटोकॉल तोड़ते हुए आगे बढ़ गईं। Bhaskar
  2. शाहरुख खान के बेटे आर्यन को ड्रग्स केस में अरेस्ट किया गया है। नारकोटिक्स कंट्रोल ब्यूरो (NCB) ने रविवार को उन्हें हॉलिडे कोर्ट में पेश किया। कोर्ट ने आर्यन और उनके साथ अरेस्ट किए गए अरबाज मर्चेंट और मुनमुन धमीचा को एक दिन के लिए NCB की कस्टडी में भेज दिया है। इसके बाद NCB की टीम तीनों को वापस अपने दफ्तर ले आई।Bhaskar
  3. हरियाणा के मुख्यमंत्री मनोहर लाल ने किसानों पर विवादित बयान दिया है। CM ने चंडीगढ़ में प्रगतिशील किसानों की बैठक में रविवार को कहा कि उत्तर-पश्चिम हरियाणा के हर जिले में किसानों के खिलाफ डंडे उठाने वाले वालंटियर खड़े करने चाहिए।Bhaskar

 

Relevant Google Trends Today

  1. Opposition parties across the political spectrum on Sunday slammed the BJP and demanded a judicial inquiry into the incident at Lakhimpur Kheri where protesting farmers were allegedly crushed by a vehicle in which the son of the Minister for State for Home Affairs Ajay Mishra Teni was travelling.
  2. Chief Minister Mamata Banerjee Sunday swept the Bhabanipur bypoll by 58,835 votes. The BJP’s Priyanka Tibrewal got 22.22 per cent votes compared to Banerjee’s 71.9 per cent.
  3. Veteran actor Ghanashyam Nayak, best known for his work as Nattu Kaka on the popular sitcom “Taarak Mehta Ka Ooltah Chashmah”, passed away on Sunday after a long battle with cancer
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