NEWS DIGEST to start the DAY – 5 Dec – 5 Mins read
Content Powered by M Peer Mohamed Sardhar
- Airtel inches closer to Jio in revenue market share in Q2, Vi’s hits record low; Vi board meet on Dec 9 to consider upto Rs 2000 cr capital raise by share issue to co-promoter Vodafone; Fairfax India to buy 10% more in Bangalore airport
- DGCA to streamline norms for Indian airlines’ wet-leased plane operations; Microsoft India buys Rs 181.25Cr land parcel near Hyderabad from Natco Pharma; Coal India’s production rises over 2 pc in Apr-Nov
- Rajya Sabha passes bill to amend oilfields Act; ONGC, NTPC Green JV set to buy Ayana Renewable for $750MN; Power regulator questions transfer of Azure’s 2,333 MW share to AGEL
- Bank credit growth slows to 11.1% despite a mega merger; Platforms to be created for discussions with CBI to expedite investigation in bank fraud cases; RBI cracks down on PE and VC funds – No more hiding behind ‘observers’ in NBFCs
- 3,000 drugs failed quality test in FY24; 282 were spurious; Electronics manufacturing sparks supply chain reaction from India Inc, collaborates with Govt for global integration; Tata Motors may miss EV target for second year in a row
- IITians bag top pay locally exceeding Rs 65 lakh and reaching Rs 1.65 Cr while others languish at Rs 2.5-4.5 lakh; Campuses say these big-ticket domestic offers are a big draw with students
- Rupee hits record closing low, forward premiums extend decline; on gentle one-way path down, to breach 85/$ in 6 months; StanChart sets $200BN new wealth assets target, focuses on Chinese and Indian wealthy
- Nepal, China sign BRI framework, paves way for work on projects indicating that Nepal will soon decide on projects for implementation
- Asked about discontinued fare concessions, Railways Minister Ashwini Vaishnaw says tickets are subsidised by 46% for all
- Soldier shot at in South Kashmir’s Tral; DRG jawan killed in encounter with Maoists in AbujhmadGoa MLA extorted after Odisha residents ‘morphs his face into explicit video
Men’s Junior Asia Cup 2024: Araijeet Singh Hundal Stars As India Thrash Pakistan To Clinch 5th Title - French lawmakers voted to oust Govt of PM Michel Barnier after just three months in office; For the first time in 60 years, National Assembly approved a no-confidence motion
- South Korean President names new defence minister after botched martial law; lawmakers call to impeach President amid martial law chaos
- *No magic solution’: Russia warns of intensifying military action on Ukraine if Western pressure continues; 314 Ukrainian kids coerced into forced adoption by Russia
Trump Names Billionaire Private Astronaut* Jared Isaacman As Next NASA Chief; Kash Patel, Trump’s pick to lead FBI, targeted in Iranian hack; Biden avoids questions on pardon of son Hunter during Angola visit - CBI raids 10 locations in Delhi-NCR to bust Rs 117Cr cyber fraud case; ICICI’s 3 offices searched by GST officials, bank says cooperating fully; ED attaches 37 horses, flats worth Rs 5.23Cr in international cyber fraud case
- Telangana hit with 2nd-biggest earthquake in 55 years; magnitude 5.3 struck Mulugu 200KMs away from Capital; tremors felt across Telangana, Andhra, Chhattisgarh, Maharashtra; epicentre at the Godavari riverbed
- US clears USD 1.17BN deal to supply equipment for Indian Navy choppers; MH-60R helicopters, purchased from US’s Lockheed Martin, emerged as major force multiplier for Indian Navy
- Today’s Word – Benevolent – Understanding and a desire to help others.
