No pre-budget Halwa ceremony this year

Morning Masala Tea
28 January, 2022

News Today:

Changes expected in Custom duty on electronics in Budget

The government is likely to rejig customs duties on components or sub-parts of consumer electronics and mobile phones in the upcoming Union budget, two people familiar with the development said.The changes aim to encourage local manufacturing and increase local sourcing of components, one of the people cited above said, asking not to be named. HT

No pre-budget Halwa ceremony this year

For the first time, there will be no customary ‘halwa ceremony’ this year due to the pandemic for officials and staff who undergo a mandatory lock-in to give the final touches to the Union Budget to be presented on February 1.. Deccan Herald

Amendments to the cadre rules of the three AIS are arbitrary, unreasonable and unconstitutional: Retired Bureaucrats

The retired bureaucrats from the Constitutional Conduct Group said in a statement on Thursday: “We are… of the view that the proposed set of amendments to the cadre rules of the three AIS (All India Services) are arbitrary, unreasonable and unconstitutional. They interfere with the basic structure of the Constitution of India as a Union of States and can cause irreparable damage to the one institution which Sardar Patel held as being the most critical to the unity of the country.”. Telegraph

BA.2 variant under investigation

In the last couple of weeks, there has been a noticeable increase in the discovery of BA.2 sub-variant of Omicron from several countries, leading to fresh worries about the possibility of another surge in cases. Last week, the UK Health Security Agency flagged this sub-variant and designated it as a ‘variant under investigation’. And, in its latest weekly bulletin, the World Health Organisation noted that a number of countries had reported an increase in the BA.2 sub-variant in the last seven days.. Indian Express

Lack of land connectivity between India and Central Asia one of the main issue

Overcoming the lack of land connectivity between India and Central Asia’s land–locked countries was one of the “main issues of discussion” during the first India-Central Asia Summit hosted by Prime Minister Narendra Modi with the Presidents of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan, officials said on Thursday. Hindu

 

Google Trends Today

Change the image, attitude and perception of Air India

Tata Group which officially became the owner of Air India starting from January 27 (Thursday) after the divestment process was complete has thought of some changes to be made for an overhaul of the brand of the debt-laden airline. According to a PTI report, the employees have been told that efforts will be made to change the image, attitude and perception of Air India. On Thursday, Air India offered enhanced meal services on four flights from Mumbai even before the handover was complete..

Tata Sky now Tata Play

Tata Sky announced its rebranding yesterday to Tata Play. The announcement also mentioned that subscribers of Tata Play would get access to a Netflix subscription via their membership for the Tata Binge+ service.

 

Google Trends

Twitter Trends 

  1. This winter has been colder, wetter, and largely fog-less.
  2. Russian officials not optimistic but willing to keep communication open after US makes no concessions on Ukraine
  3. A robot managed to successfully perform surgery without human assistance for the first time ever!
  4. 14 Omicron symptoms ranked from most to least prevalent

 

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