National Infrastructure Pipeline (NIP) will be central to the Union Budget 2022-23

Morning Masala Tea
12 January, 2022

News Today:

Poll bound states highly vulnerable to emerging Covid

Most of the districts in three poll-bound states – Uttar Pradesh, Punjab and Manipur – have been found to “represent high vulnerability to emerging Covid pandemic due to Omicron variant”, with their population at “heightened risk of severe disease and adverse outcomes”, according to an analysis by one of the empowered groups constituted by the Centre on Covid-19. HT

National Infrastructure Pipeline (NIP) will be central to the Union Budget 2022-23 

A continued push on capital expenditure and roll out of infra projects under the National Infrastructure Pipeline (NIP) will be central to the Union Budget 2022-23 as the Central government looks to hold and build on the recovery in the economy. Projects in roads and railways sectors and Nal se Jal scheme are expected to receive funding boost as the government targets to increase capex spending by around 30 per cent next year, government officials said.. Indian Express

Congress should announce CM Candidate in Punjab: CM Channi 

Chief Minister Charanjit Singh Channi said on Tuesday that the party “should announce” its chief ministerial candidate. “Whenever the party has not announced the CM candidate, it has lost,” he said.. Indian Express

Maharashtra prepares for Football Asian cup amid COVID

Maharashtra is not taking any chances. The state government is going all out to ensure that the Asian Cup, which kicks off on January 20, is not derailed by the third wave. The 12-nation tournament, which is also a qualifier for the 2023 Women’s World Cup, will be played behind closed doors in Pune, Navi Mumbai and Mumbai. Indian Express

Senior OBC leader Swami Prasad Maurya resigns from UP Cabinet

In a blow to the BJP in Uttar Pradesh ahead of the 2022 Assembly election, senior OBC leader Swami Prasad Maurya on Tuesday resigned from the State Cabinet, accusing the Yogi Adityanath-led government of neglecting Dalits, OBCs, farmers and the youth. Three other BJP MLAs — two from the OBC bloc and one Dalit — said they were also leaving the BJP in support of Mr. Maurya and would follow his political lead. Hindu

 

Note: No regional Language news today

 

Google Trends Today

Vodafone converts dues to equity 

VIL has decided to opt for converting about Rs 16,000 crore interest dues liability payable to the government into equity which will amount to around 35.8 per cent stake in the company, as per a regulatory filing of the telecom firm..

Tata IPL

The Tata Group has replaced Vivo as the title sponsor for the Indian Premier League 2022 and 2023 editions.

Greaves Cotton rising continuously

It seems there is no stopping Greaves Cotton. The stock has been on an upward trajectory ever since reports said it doubled its sales of electric vehicles during December, giving a fillip to its fortune.

 

Compiled from Google Trends

 

Twitter Trends 

  1. China locks down cities of millions of people amid omicron threat
  2. A life in Covid: Hotel manager to Zomato delivery staff to roadside death
  3. Video of rocket in China was miscaptioned and is from a 2021 launch, fact-checkers say
  4. Is Turkmenistan’s ‘Gates of Hell’ about to be extinguished?
  5. The government is now the biggest shareholder in Vodafone Idea

 

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