Reliance to raise $5 billion and more news

Morning Masala Tea
2 January, 2022

News Today:

Temperatures expected to rise in Delhi from Monday

The city recorded a minimum temperature of 4.2 degrees Celsius on Saturday even as the IMD predicted that the temperatures are expected to start rising Monday onwards due to a fresh western disturbance (WD) that is expected to bring light showers to Delhi on January 5, 6 and 7. The IMD declares a coldwave in a region, when the minimum temperature is 4.5 degrees or more below the normal mark, or when it drops to 4 degrees or lower. HT

COVID restrictions likely in West Bengal

The West Bengal government is planning to impose a series of restrictions from next week. Covid-19 cases are increasing. The chief minister will take the final call,” said a senior official of the state government. At least two government programmes, including Duare Sarkar– a flagship project of the Mamata Banerjee government – have been cancelled. The Calcutta high court has decided to conduct proceedings through virtual mode from Monday. HT

$5 billion in bond sale by RIL

Mukesh Ambani-led Reliance Industries Ltd (RIL) on Saturday said it will raise up to $5 billion in foreign currency-denominated bonds and use the proceeds to retire existing borrowings. The bond sale is poised to become the single largest such borrowing by an Indian company. Indian Express

Sikhs for Justice (SFJ) operative Jaswinder Singh Multani under probe

The National Investigation Agency (NIA) will probe the suspected involvement of Germany-based Sikhs for Justice (SFJ) operative Jaswinder Singh Multani in the use of drones for the smuggling of arms, ammunition, explosives and drugs into the Indian territory by Pakistan-based syndicates. Based on inputs related to his alleged role in attempts to revive terrorism in Punjab, the agency has registered a case against him and his associates. Hindu

Deployment of the first regiment of the S-400 Triumf missile 

The Indian Air Force is likely to complete the deployment of the first regiment of the S-400 Triumf missile systems at an airbase in Punjab by February, military officials said on Saturday. They said the process of deployment of the missile system has begun and it will take at least six more weeks to complete the deployment. Hindu

 

Hindi News: 

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सौरव का इलाज डेल्टा वैरिएंट के प्रोटोकॉल के हिसाब से किया जा रहा है

कोरोना पॉजिटिव पाए गए पूर्व भारतीय क्रिकेट कप्तान सौरव गांगुली ओमिक्रॉन वैरिएंट के कारण महामारी की चपेट में नहीं आए हैं। उनके सैंपल में खतरनाक डेल्टा वैरिएंट पाया गया है। शनिवार को भारतीय क्रिकेट कंट्रोल बोर्ड (BCCI) के प्रेसिडेंट गांगुली का इलाज करने वाले वुडलैंड्स म्युनिसिपल्टी हॉस्पिटल के अधिकारियों के हवाले से न्यूज एजेंसी PTI ने यह जानकारी दी। Bhaskar

3 लाख 15 हजार बच्चों ने वैक्सीनेशन के लिए स्लॉट की बुकिंग की 

देश में 3 जनवरी से शुरू होने वाले 15 से 18 उम्र वालों के वैक्सीनेशन के लिए रजिस्ट्रेशन शनिवार (1 जनवरी) से शुरू हो गया। कोविन ऐप के आंकड़ों के मुताबिक पहले दिन रात 11 बजे तक 3 लाख 15 हजार बच्चों ने वैक्सीनेशन के लिए स्लॉट की बुकिंग की है। बता दें कि देश भर में इस एज ग्रुप के करीब 10 करोड़ बच्चों को वैक्सीन दी जानी है। Bhaskar

12 हजार से ज्यादा NGOs का FCRA लाइसेंस 31 दिसंबर को समाप्त 

जामिया मिलिया, ऑक्सफैम इंडिया समेत देश के 12 हजार से ज्यादा गैर सरकारी संगठनों (NGOs) का फॉरेन कंट्रीब्यूशन रेगुलेशन एक्ट (FCRA) लाइसेंस शुक्रवार यानी 31 दिसंबर को समाप्त हो गया। अब ये संस्थान विदेशों से मिलने वाला चंदा या दान की राशि नहीं ले पाएंगे। गृह मंत्रालय ने शनिवार को बताया कि 6 हजार से ज्यादा NGOs में से अधिकांश ने लाइसेंस रिन्युअल के लिए आवेदन नहीं किया था। Bhaskar

Google Trends Today

Vaishno Devi temple stampede

Twelve devotees were killed and 15 injured in an early-morning stampede at the Mata Vaishno Devi shrine in Katra in Reasi district in Jammu on Saturday. The incident took place around 2.45 a.m., when a large number of devotees was queuing up for darshan inside the cave shrine on the Trikuta hills on the New Year.

10th instalment of PM-KISAN

Prime Minister Narendra Modi on Saturday released over ₹20,900 crore to more than 10.09 crore farmers across India as the 10th instalment of financial aid under the PM-KISAN scheme. Mr. Modi released the amount to beneficiaries at an event held through video conference.

 

Compiled from Google Trends

 

Twitter Trends 

  1. Tourists flock to domestic holiday spots even as Omicron cases surge
  2. #Vaishnodevi

 

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