PM: Best time to invest in India

Morning Masala Tea
18 January, 2022

News Today:

English Medium compulsory in Telangana schools

An official note from the chief minister’s office (CMO) said the cabinet decided that a legislation on making English medium compulsory in all the government schools be enacted in the forthcoming budget session of the state assembly, likely to be held next month. The chief minister constituted a cabinet sub-committee headed by state education minister Sabita Indra Reddy to study the proposal on English medium and work out the modalities on its implementation. HT

PM: “Best time” to invest in India 

The PM focused on two broad elements in his speech at annual WEO Davos forum – the steps undertaken by India even during a crisis such as the pandemic to advance its economic growth prospects and contribute to global good; and the need for reforms to make multilateralism more effective, given the interconnected nature of current day crises from supply chain disruptions to inflation to the climate crisis and the need to reflect contemporary realities. HT

The Delhi government has paid an additional 93.8 crore to the kin of 18,766 Covid-19 victims

Government officials confirmed that these 18,766 people who lost a family member to Covid-19 have already received 50,000 as ex gratia under the Mukhyamantri Covid-19 Pariwar Aarthik Sahayata Yojna, and have now been given an additional 50,000 each under the Delhi Disaster Response Fund.. HT

No lockdown in Karnataka

Karnataka Revenue Minister R Ashoka said the state government has decided not to enforce a lockdown in spite of a surge in Covid-19 cases. After participating in a Covid review meeting chaired by Chief Minister Basavaraj Bommai on Monday, Ashoka said, “Experts have compared the trends in Delhi and Maharashtra, where the number of cases has been declining in recent days. According to their calculation, Karnataka may see cases peaking in the last week of January. Thereafter, the cases are expected to decline.”. Indian Express

Punjab elections postponed

With the Punjab Assembly polls postponed to February 20 in view of the Ravi Das Jayanti celebrations, the growing significance of politics surrounding ‘Dalits’ in Punjab, which has close to 32% population of the Scheduled Caste (SC) community – has yet again come to the fore.. Hindu

 

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Google Trends Today

Birju Maharaj has died

Birju Maharaj, a legend of classical Indian dance and among the country’s most well-known performing artists, has died. He was 83. Maharaj was suffering from a kidney ailment and was undergoing dialysis and likely died of cardiac arrest, his granddaughter Ragini Maharaj told the Press Trust of India news agency on Monday.

2 Indians die after massive explosion in Abu Dhabi

Two Indians and a Pakistani were killed in a massive explosion in three petroleum tankers in Abu Dhabi on Monday. The blast is believed to have been sparked by a fire near the Abu Dhabi National Oil Company (ADNOC) facilities, in what is claimed as a “drone attack” by Yemen’s Houthi rebels.

 

Compiled from Google Trends

 

Twitter Trends 

  1. State ministers call on Tesla’s Elon Musk to set up shop in India
  2. Employers are failing to address the new realities of work — and it’s sparking a ‘Hidden Resignation’ of burned-out employees
  3. ‘Nothing can tell us what will happen next’: Scientists struggle to monitor Tonga volcano after massive eruption
  4. How serious is Russian president Vladimir Putin about launching a major offensive against Ukraine?

 

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