Urgent hearing in SC on behalf of the Haryana government on Job Reservation

Morning Masala Tea
5 February, 2022

News Today:

Urgent hearing in SC on behalf of the Haryana government on Job Reservation

The Supreme Court on Friday agreed to urgently hear an appeal filed by the Haryana government, complaining that the Punjab & Haryana high court did not duly follow the principles of natural justice when it put on hold the state government’s law reserving 75% private sector jobs, paying up to 30,000 a month, for local candidates. HT

All retrospective tax cases to be settled this month

The government will settle almost all the retrospective tax cases this month, closing a chapter that plagued India’s reputation as an investment-friendly destination, a top official said on Friday. Deccan Herald

MSP committee not yet setup due to assembly elections

The Centre on Friday told the Rajya Sabha that the MSP committee promised to the then agitating farmers on December 9 had not been set up yet because of the Assembly elections that were announced a month later. The farmers have termed the delay a betrayal by the government, accusing it of failing to keep the promises given in writing on December 9, on the basis of which agitation spearhead Samyukta Kisan Morcha suspended the yearlong movement that very day. Telegraph

Charanjit Singh Channi as its Congress CM face in Punjab ?

Amid indications that the Congress, following a tele-survey, is set to name Charanjit Singh Channi as its chief ministerial face ahead of the Assembly polls in Punjab, party’s state unit president Navjot Singh Sidhu triggered a row saying those at top want a “weak CM ” who will toe their line. Indian Express

Realist Disinvestment target this year

The modest disinvestment receipts target of ₹65,000 crore set in the Budget for 2022-23, the lowest in six years, is not a reflection of the government slowing down on privatisation, but is based on “realism” and a focus on smooth execution of transactions instead of chasing a high number, a top Finance Ministry official said. Hindu


Google Trends Today

Manyavar clothing IPO

Manyavar clothing brand’s parent Vedant Fashions IPO opens for subscription, for a Rs 3,149-crore public issue comprising entirely an offer for sale of shares by promoters and existing shareholders.

Winter Olympics opening ceremony

Chinese organizers put on an eye-catching, if subdued, opening ceremony on Friday to officially begin the 2022 Winter Olympics. It was the second time Beijing hosted an Olympic opening ceremony.

Google Trends

Twitter Trends 

  1. How Vladimir Putin turned Russia’s dilapidated military into a lethal machine
  2. Section of historic Dutch bridge to be removed to make way for superyacht reportedly built for Jeff Bezos
  3. Robots are taking over the Beijing Winter Olympics
  4. Nasa plans to crash the ISS into the Pacific Ocean in 2031
  5. #WorldCancerDay
  6. Basant Panchami


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