News you need to know before starting your day: 17 October 2021

Morning Masala Tea
17 October, 2021


  1. As US multinational Microsoft announced its decision to close its LinkedIn service in China due to the “challenging operating environment,” concerns within the global business community have risen. Analysts said that as Beijing continues to tighten its grip over the private sector including the tech companies, there could be a few more companies that decide to slash down their operations. Business Standard
  2. India’s electricity demand grew 4.9% during the first half of October, with supply falling short of demand by 1.4% despite a 3.2% rise in coal-fired generation and 30% rise in solar output, a Reuters analysis of government data showed. Business Standard
  3. At least 18 people were killed after heavy rains pounded south and central Kerala on Saturday while 22 people were feared missing in landslides in hilly areas of Kottayam and Idukki districts, prompting the state government to seek help of the armed forces for rescue operations. HT
  4. The main reason for the precarious stocks – ahead of rabi plantings and also crucial Assembly polls in Uttar Pradesh, Punjab and Uttarakhand, scheduled for February-March – is surging global prices. The landed price of imported DAP in India is now $675-680 per tonne (cost plus freight), compared to $370 at this time last year. MOP was imported at $230 per tonne a year ago, whereas it is available for not less than $500 today. Indian Express
  5. At the first meeting of the Working Committee (CWC) in five months, Sonia Gandhi sent an unambiguous message that the reins of the party remain firmly in the family’s hands, while indicating her disapproval of leaders of the G-23 who have been demanding “full-time and effective leadership” for the party. Indian Express


Hindi News: ( so that you don’t miss out )

  1. सिंघु बॉर्डर पर तरनतारन के गांव चीमा के रहने वाले लखबीर सिंह की हत्या के मामले में 4 आरोपी सरेंडर कर चुके हैं। शनिवार शाम को पुलिस ने भगवंत सिंह और गोबिंद सिंह नाम के 2 निहंगों ने कुंडली बॉर्डर पर सरेंडर किया। Bhaskar
  2. कश्मीर के IGP विजय कुमार ने बताया कि नागरिक हत्याओं के बाद 9 मुठभेड़ों में 13 आतंकवादी मारे गए हैं। श्रीनगर में 5 में से 3 आतंकवादियों को हमने 24 घंटे से भी कम समय में ढेर कर दिया है। उन्होंने कहा कि सर्च ऑपरेशन अभी भी जारी है। बचे 2 दहशतगर्दों को भी जल्द ही मार गिराएंगे।Bhaskar


Relevant Google Trends Today

  1. Travancore Devaswom Board requested Lord Ayyappa devotees to refrain from visiting Sabarimala Temple on October 17 and 18 in view of the continuing heavy rainfall in the state, especially in Pathanamthitta district and the dangerously high water level in Pamba river.
  2. The National Testing Agency has released provisional answer key, OMR sheet, and recorded responses of the National Eligibility cum Entrance Test (NEET) UG 2021. Students who took the entrance exam can visit and login with their application number and password to view and challenge the answer key.
  3. Every year World Food Day is observed on October 16 and is celebrated to raise awareness on the issue of hunger and healthy food habits for all. It marks the founding day of the Food and Agriculture Organisation(FAO).
  4. The Board of Control for Cricket in India (BCCI) has managed to convince Rahul Dravid to apply for the national team coach’s post, which will fall vacant after the T20 World Cup


Relevant Twitter Trends 

  1. #IPLFinal ,  #CSKVSKKR
  2. #WorldFoodDay
  3. #TheBatman
  4. #LEIMUN , Mo Salah
  5. Bangladesh Trending with #AntiHinduUnacademy
  6. Nihangs
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