K-shaped economic recovery in the latest round of ICE360 Survey 2021

Morning Masala Tea
24 January, 2022

News Today:

K-shaped recovery emerges in the latest round of ICE360 Survey 2021

In a trend unprecedented since economic liberalisation, the annual income of the poorest 20% of Indian households, constantly rising since 1995, plunged 53% in the pandemic year 2020-21 from their levels in 2015-16. In the same five-year period, the richest 20% saw their annual household income grow 39% reflecting the sharp contrast Covid’s economic impact has had on the bottom of the pyramid and the top.. Indian Express

Government crash course on Covid Warriors

From those who dropped out after Class 5 to those with postgraduate degrees, a total of 124,000 people from diverse backgrounds have enrolled for a government crash course on how to become “Covid warriors”, according to data from the Union ministry of skill development and entrepreneurship seen by HT.. HT

Family of 4 found dead in Canada from Dingucha, Gujarat

A day after it emerged that four people who froze to death in Canada allegedly trying to cross the border illegally into the US, Dingucha village of Kalol tehsil in Gandhinagar district has become the centre of attraction in the region. Police showed up at the village on Saturday, and reportedly called on a man whose family members travelled to Canada recently, and who are now missing. Indian Express

India out of Women’s Asian cup due to COVID outbreak

For two years, the Indian women’s football team had been preparing for its biggest tournament so far: the Asian Cup. However, after playing just one match, they had to withdraw from the continental championship on Sunday following a Covid-19 outbreak in the squad.. Indian Express

Enquiry into deadly fire at Sachinam Heights 

A four-member committee formed to probe the deadly fire that broke out in a 20-storey residential building in south Mumbai on Saturday began its inquiry on Sunday as eight of the injured remained in critical condition, officials familiar with the matter said. Six people were killed in and 24 others wounded in the fire.The blaze erupted around 7.30am on Saturday at Sachinam Heights, a ground-plus-20-storey building located opposite Bhatia Hospital at Gowalia Tank in south Mumbai’s Tardeo area when many of the residents were still asleep.. HT



Google Trends Today

New Zealand Prime Minister Jacinda Arden has cancelled her wedding

New Zealand Prime Minister Jacinda Arden has cancelled her wedding as the nation imposes new restrictions to slow the community spread of the COVID-19 Omicron variant, she told reporters on Sunday..

23 January as national Holiday ?

On the 125th birth anniversary of freedom fighter Netaji Subash Chandra Bose, West Bengal Chief Minister Mamata Banerjee appealed to the Centre to declare the day as National Holiday.

Republic Day Preparations

Keeping in mind the fast infections of the new variant of the COVID 19, the strength of the marching contingents on the Republic Day have been reduced this year.

Compiled from Google Trends


Twitter Trends 

  1. Molnupiravir is not part of the national treatment protocol for COVID-19, says ICMR
  2. COVID-19 restrictions in place for campaigning for the upcoming Assembly polls
  3. #NetajiSubhashChandraBose
  4. #ParakramDiwas


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