Daily Curated News –292

March 1, 2024 0 Comments

NEWS DIGEST to start the DAY – 1 March – 5 Mins read
Content Powered by M Peer Mohamed Sardhar

  1. Govt OKs Solar Scheme To Give 1 Crore Families 300 Units Of Free Power A Month; The scheme will be called PM Surya Ghar: Muft Bijli Yojana
  2. GDP Growth Beats Estimates In 3rd Qrtr, Economy To Expand 7.6% This Year; Economists expected Asia’s third-largest economy to grow 6.6% during final 3-month period in 2023
  3. Setback For Rape Convict Ram Rahim, No More Parole Without Court Approval Punjab & Haryana HC to Haryana Govt; was given a 50-day parole in Jan – 7th in 10 months & 9th in last 4 years
  4. End Ceasefire: Manipur assembly unanimously passed a resolution asking Govt to scrap controversial suspension of operations (SoO) agreement with some 25 Kuki-Zo insurgent groups
  5. Cabinet Okays 3 Semiconductor Units, Construction To Start In 100 Days under ‘Development of Semiconductors and Display Manufacturing Ecosystems in India
  6. Railway Unions Threaten to Stop All Trains from May 1 if Old Pension Scheme Not Implemented as Govt is completely non-committal to demand for the restoration; Allcargo co to sell Haryana logistics park for Rs 636Cr; 150 railway stations get FSSAI’s ‘Eat Right Station’ certification
  7. Auto industry to invest $7 bn in 5 years to deepen parts localisation; ‘$50BN in assets, but Blackstone is still getting started in India; Growth in bank credit to industry decelerates to 7.8% in Jan says RBI
  8. Disney may post impairment charges of $1.8-2.4BN; Govt hikes windfall tax on petroleum crude; India looks elsewhere for oil as US sanctions crimp Russia trade
  9. India Raises Voice Against Narrowing Down WTO Meet Focus To Agri-Exporting Nations’ Interest; Takes Firm Stand Against Thai Envoy’s ‘Offensive’ Comments on Public Stockholding
  10. New coal transport plan to reduce congestion, costs; Kesoram completes Rs 1900cr high-cost debt refinancing to yield 800 basis points interest benefit; JSW Steel incorporates subsidiary for hot, cold-rolled steel products; Delhi HC rejects ArcelorMittal’s plea for mining lease in Saranda forest
  11. SC: No Presumption of Husband’s Guilt in Woman’s Suicide within 7 Years of Marriage, Unless Proven Otherwise
  12. Lancet study finds More than 1 billion people worldwide are obese; Takeda to soon start trials in India for dengue vaccine; Private hospitals say standardising rates will be catastrophic for sector; Biocon Biologics inks licence pact with Janssen for biosimilar product; Suven-Cohance Lifesciences merger announced to create 1st listed PE-led contract manufacturer in Indian pharma
  13. Leopard Population Stabilises, But Big Cat Numbers Record Decline in Shivalik Hills, Gangetic Plains; leopard population has dropped by at least 3.4% per year
  14. Air India Slapped With Rs 30 Lakh Fine After Elderly Flyer, Who Was Not Given Wheelchair, Dies At Mumbai Airport
  15. Israeli Forces Open Fire On People In Gaza At Aid Point, 104 Killed; Gaza War Death Count Crosses 30,000 As Famine Looms; Turkey Says Gaza Aid Incident “Crime Against Humanity”; Israel Killed Over 25,000 Palestinians Since Hamas Attack says US Defence Chief
  16. Bangladesh: 43 killed, Several Injured after a fire blazed through a 7storey building in an upscale neighbourhood in Dhaka
  17. US House Votes To Prevent Govt Shutdown; With the cash for many departments due to dry up after 11:59 pm Friday, Republican-led lower chamber passed bill that keeps the lights on until March 8
  18. Three-Time Ex Pak PM Nawaz Sharif Takes Oath As Ordinary Lawmaker In Assembly; Pak Parliament To Elect New PM On March 3, Shehbaz Sharif Frontrunner; Pak Cop Syeda Shehrbano Naqvi Who Saved Woman From Mob In Lahore Named For Police Medal
  19. Putin’s Nuclear War Risk Warning If West Escalates Ukraine Conflict; Ukraine Claims It Shot Down 3 More Russian Su-34 Fighter-Bombers; 20 Indians Stuck in Russia-Ukraine War Zone, We’re in Contact With Moscow For Early Discharge: MEA
  20. Today’s Word – Quant – Punting or jumping pole with a flat end