Future Retail Ltd (FRL) has paid $14 million as interest due 

Morning Masala Tea
20 February, 2022

News Today:

Leaders cast their vote in Punjab

Leaders across party lines, including Punjab Congress president Navjot Singh Sidhu, Aam Aadmi Party chief ministerial candidate Bhagwant Mann, state BJP chief Ashwani Sharma, state ministers Amrinder Singh Raja Warring, Manpreet Singh Badal, Pargat Singh and Vijay Inder Singla, and former state Congress chiefs Sunil Jakhar and Partap Singh Bajwa, exercised their franchise in the first two hours of polling during the Punjab assembly elections on Sunday morning. HT

AAP performance in Punjab ?

Just before the finish line, the AAP, with all its impressive poll campaign and a palpable undercurrent in its favour, finds itself between a rock and a hard place in a bitter contest for the 117 assembly seats in Punjab that votes on Sunday. Deccan Herald

Future Retail Ltd (FRL) has paid $14 million as interest due 

Future Retail Ltd (FRL) has paid $14 million (around Rs 104.55 crore) as interest due on the dollar-denominated notes (USD Notes) listed on the Singapore Stock Exchange. The debt-ridden firm had missed the due date for its payment last month. Telegraph

Congress seems to have been caught in a dilemma over supporting the Muslim community

Ahead of a Congress press conference in Bengaluru on February 18, a party legislator Naseer Ahmed advised Leader of the Opposition in the Karnataka Assembly, Siddaramaiah, to address the Urdu media to dispel doubts in the Muslim community that the party has kept mum over the hijab row. Indian Express

Voting underway for 59 constituencies in UP

Voting for 59 Assembly constituencies spread across 16 districts of Uttar Pradesh began on the morning of February 20. Polling started at 7 a.m. and will continue till 6 p.m. This is the third phase of the Assembly polls in the State, where elections are to be held in seven rounds. As many as 627 candidates are in the fray in this phase, in which over 2.15 crore people are eligible to vote. Hindu


Google Trends Today

Multiple explosions could be heard in Donetsk

Multiple explosions could be heard late Saturday and early Sunday in the centre of the separatist-controlled city of Donetsk in eastern Ukraine, a Reuters reporter said. The origin of the explosions was not clear. There was no immediate comment from separatist authorities or from Kyiv.

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Compiled from Twitter

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

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