Daily Curated News – 419

November 11, 2024 0 Comments

NEWS DIGEST to start the DAY – 11 Nov – 5 Mins read
Content Powered by M Peer Mohamed Sardhar

  1. Justice Sanjiv Khanna was sworn in as the 51st Chief Justice of India, Pledges to Uphold Justice; shall be heading until May 2025
  2. 13 US State set to have women governors next year, a record; Trump asks his supporters to help Democrats amid a report of $20 million debt; Judge blocks Biden’s plan for undocumented spouses of US citizens
  3. Italy Limits Visitors to Pompeii to 20,000 Daily to Protect Historical Site from Overcrowding
  4. J&K’s Kishtwar: JCO killed, 3 soldiers injured in a fierce gunbattle with militants in the dense forests
  5. Ukraine commander says North Korean troops prepare to fight alongside Russian troops; Putin signs a mutual defence pact with North Korea; Russia is open to hearing Trump’s proposals for ending the war
  6. Russian oil finds way to Europe; India now biggest exporter of fuel to EU; SC orders liquidation of Jet Airways over failure to implement resolution plan;Air India prepares for Vistara merger with enhanced services for passengers
  7. Swiggy IPO: Issue sails through on Day 3, QIB portion booked 4x; GMP further falls; Six top-valued companies lose Rs 1.55 lakh crore in overall valuation amid weak market sentiments; Govt’s fraud detection system blocking 1.35Cr calls daily, saving Rs 2,500Cr of public assets
  8. Qatar suspends mediation efforts on Gaza, Hamas office may have to leave; Israeli airstrikes resulted in 13 child fatalities among 30 total deaths in Gaza
  9. Starlink debunks arguments on predatory pricing of next-gen systems at TRAI open house; TA Associates to acquire majority stake in Vee Healthtek for $250MN; Banks express no ‘stress’ as govt directs close monitoring of lending by MFI segment
  10. Govt takes second shot at hardselling EV policy; Honda’s new electric vehicle is quietly creeping up on Tesla; Hybrids, CNG cars lead but EVs bet on new models; TVS mobility flags off Rs 2,000Cr fund race; Tata Motors logs weak Q2 with 62 pc fall in net profit
  11. HDFC Capital Partners with Runwal Enterprises to invest ₹1,150Cr in affordable housing projects in Mumbai; Godrej Properties net debt rises to ₹7,572Cr in q2; P&G India’s sales cross $2BN, but growth rate falls
  12. Carriers, online travel agencies rev up as burgeoning corporate travel offers rich pickings; MSMEs will get collateral free loans of upto Rs 100Cr through a new credit assessment model by PSU banks; IT hardware cos struggle to meet FY25 PLI target on lack of orders
  13. CPI inflation is likely to breach 6% in Oct; Number of EPFO subscribers up 7.6% at 73.7MN in 2023-24; Onion prices soar to 5-year high amid supply woes, exports boost; RBI may defer rate cut call to Feb as inflation’s still hot
  14. Mauritius holds election with ruling party seeking second five-year term; Bangladesh’s interim govt to seek Interpol support to repatriate Hasina; Deforestation in the Amazon rainforest reaches a record high, threatening the delicate ecosystem and contributing to climate change
  15. Today’s Word – Dalliance – Playful Involvement