Daily Curated News – 421

November 13, 2024 0 Comments

NEWS DIGEST to start the DAY – 13 Nov – 5 Mins read
Content Powered by M Peer Mohamed Sardhar

  1. ATC takes $1.2 bn hit in India exit deal with Brookfield; MTNL defaults on Rs 1,000Cr loan, Bank of India makes provision; Digital realty platform Blox acquires 11% in advisory firm Guardians for $12MN
  2. Indian Army gets P-7 parachute system, can airdrop loads of up to 9.5 tons; India successfully tests long range land attack missile off Odisha’s coast; Central armed forces to get first all-women battalion with over 1,000 personnel
  3. 8 injured, three critical in major explosion at Indian Oil plant in UP’s Mathura; occurred while restarting Atmospheric Vacuum Unit (AVU), leading to a sudden fire that severely affected workers in the vicinity
  4. Air India officially completes merger with Vistara, unifying under one brand; India agrees to liberalise air treaties with Vietnam and Uzbekistan; Hindalco to spend $4-5 bn on upstream expansion
  5. EV charging facility now available at every fifth petrol pump, but only 20% are fast chargers; OPEC again cuts 2024, 2025 oil demand growth forecasts; Indian Oil aims to finish expansion of Panipat, Gujarat, Barauni refineries by Dec 2025
  6. Pharma market sees 6.1% growth in October despite subdued volumes; Railways spends 61% of budgeted allocation till Oct via Rs 1.63 lakh crore capex; Lifting rice export curbs to help push agri shipments over USD 50 bn in FY25
  7. India imposes anti-dumping duty on chemical imported from China, Korea, Thailand; Infra, transport sector leaders expect growth in earnings, headcount in next 3 years; Industrial output expands 3.1% in Sep on base effect, festivals
  8. India’s fossil-based CO2 emissions to spike 4.6% in 2024; Globally, fossil-based CO2 emissions set to touch record high of 37.4BN tons this year, a rise of 0.8% from 2023; COP29: Small victory as nations approve new carbon market rules, standards
  9. Fake Aadhaar cards, printing machines found as ED raids 17 places in Jharkhand, Bengal under ‘Bangladeshi infiltration’ crackdown; Day after 10 militants killed in Manipur, two Meitei men found dead, six of family missing
  10. Germany sets date for snap elections on Feb 23 amid coalition breakdown; Explosion in Louisville leaves 11 people injured, shelter-in-place order issued for ‘hazardous materials incident
  11. Trump appoints Elon Musk, Vivek Ramaswamy to clean up US bureaucracy; to lead the Dept of Govt Efficiency (DOGE) together.; picks Ratcliffe as CIA director, Kash Patel misses out; picks Elise Stefanik as UN envoy
  12. Proposed law on assisted dying tabled in UK Parliament, leaves lawmakers split
  13. China Unveils Its Second 5th-Gen Fighter, Looks Exactly Like This US Jet; Shenyang J-35 stealth fighter is a twin-engine, single-seater supersonic jet developed for multirole missions
  14. Planet Uranus and its five largest moons may not be the cold, lifeless worlds scientists once believed. Instead, they could have hidden oceans and even the potential to support life
  15. Today’s Word – Felicitous – Pleasing and fortunate.