Noida records 50.1% voting in the first phase

Morning Masala Tea
11 February, 2022

News Today:

Noida records 50.1% voting

When polling under the first phase of the seven-phase Uttar Pradesh assembly elections ended on Thursday, Gautam Budh Nagar recorded a voter turnout of 57.07%, marginally lower than 58.05% in the 2017 elections, but it was Noida which bucked the trend of the past few elections to register a voter turnout of above 50% — 50.1% to be exact — for the first time in over a decade . HT

No takers for Sputnik V

Thousands of vials of the Sputnik V vaccine will likely go to waste in Bengaluru because there are no takers for it given the almost-universal vaccination against Covid-19. . Deccan Herald

High Court grants bail to Ashis Mishra Teni

The Lucknow bench of Allahabad High Court on Thursday granted bail to Ashis Mishra, Union minister Ajay Mishra Teni’s son who is accused of running over and killing four farmers and a journalist in Lakhimpur Kheri. The bench had reserved its order on Ashis’s bail plea on January 18 after concluding the hearing through videoconferencing. On Thursday, Justice Rajeev Singh granted bail. Telegraph

Automakers to provide three-point seat belts for all front-facing passengers in a cars

The government has made it mandatory for automakers to provide three-point seat belts for all front-facing passengers in a car. The norm will also be applicable for the middle seat in the rear row of a car, Union minister Nitin Gadkari said at a press conference on Thursday. Indian Express

World is not unipolar anymore

India has called for respecting “legitimate security interests of all sides” in the Russia-Ukraine military crisis, said former Indian Ambassdor to Russia D.B. Venkatesh Varma on Thursday. Addressing an online event organised by the Russian news agency Sputnik here, Mr. Varma said Russia’s recent military moves are aimed at conveying to the United States that the world is not unipolar anymore. Hindu

 

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CA results declared

The Institute of Chartered Accountants of India (ICAI) has released the result for the Chartered Accountants (CA) July 2021 examination today i.e February 10.  Candidates can check the results on the official website – icai.org.

Key Policy Rates Unchanged

A course different from that adopted by most global central banks, the Monetary Policy Committee (MPC) of the Reserve Bank of India on Thursday left the key policy rates unchanged and retained its accommodative policy stance to support the “uneven economic recovery” in the wake of the Covid pandemic.

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Twitter Trends 

  1. Nuclear scientists just got one step closer to saving us from climate catastrophe
  2. #UttarPradeshElections2022

 

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