BUSINESS
Leading NBFCs Caspian Debt and BlackSoil Capital to merge
After the merger, BlackSoil will boast an AUM of over Rs 2,000 crore
INDIA
Bengal Health Department suspends former RG Kar principal Sandip Ghosh
The development came just hours after Sandip Ghosh and three others were sent to eight-day police custody in the RG Kar Medical College and Hospital financial irregularities case
SPORTS
User’s skill important in determining winnability outcome in fantasy sports, study finds
The peer-reviewed study titled ‘Decision Support System for Policy-Making: Quantifying Skill and Chance in Daily Fantasy Sports (DFS)’ proposes a data-driven approach that policymakers can use to resolve the ongoing debate on skill and chance in online gaming.
INDIA
Himachal CM Sukhu, ministers forgo salaries for 2 months. Here's why
Sukhu has also requested all the MLAs, both from his party (Congress) and the Opposition Bharatiya Janata Party (BJP) to volunteer to defer their salaries and allowances as well.
BUSINESS
WazirX parent Zettai files for moratorium in Singapore court for restructuring liabilities following major cyber loss
Crypto exchange platform WazirX, which lost $230-million in a cyberattack last month, has filed an application with a Singapore court seeking a moratorium to allow it some time to restructure its liabilities.
INDIA
Qatar hands over two seized Guru Granth Sahib ‘saroops’ to Indian Embassy: MEA
The 'saroops' (copies) of the Guru Granth Sahib were seized by Qatari authorities from Indian nationals in a case related to running a religious establishment sans government consent.
WORLD
Moderate Masoud Pezeshkian is Iran's president-elect. What it means for India
India—a net importer of crude oil— which receives over 85 percent of its requirements from other nations, could begin importing from Iran again if Pezeshkian’s moderate, “pragmatic” foreign policies convince the United States to lift sanctions.
INDIA
'Dark forces energised again': Nearly 4 decades after Kanishka bombing, India-Canada ties in choppy waters once more
After the Canadian Parliament marked the anniversary of the killings of the Khalistani separatist leader Nijjar, the Indian Consulate General in Vancouver retaliated by announcing a memorial service to honour the 329 victims of the Kanishka bombings.
INDIA
7 nations draw inspiration from India’s electric vehicle adoption, govt’s EV push
The country has a vision of expanding the share of electric vehicle sales to 30% in private cars, 70% in commercial vehicles, 40% in buses, and 80% in two-wheelers and three-wheelers by 2030
WORLD
Understanding White Phosphorus: Allegations of its use in Gaza by Israel
On October 12, Human Rights Watch, a United-States-based non-governmental organisation confirmed the use of white phosphorous by Israeli forces, but the IDF has junked all these claims.
WORLD
August sees extreme weather events world over, scientists warn this could be new normal
The World Meteorological Organization (WMO) has cautioned that the extremes reached are becoming “the new normal” and has declared human-induced climate change due to greenhouse gas emissions as the main driver.
WORLD
Lawyers in UK helping illegal immigrants with fake asylum claims: Report
The staff at several immigration law firms were found to be explaining to asylum seekers how they can lie to the authorities in a way to ensure a guaranteed stay in Britain, according to a media report
WORLD
From labour shortages to food crisis: Find out how UK got stuck in an ever-spiralling predicament
One of the biggest problems Rishi Sunak’s government needs to address quickly is an immense labour shortage in the UK economy, starting by rethinking its immigration policy.
INDIA
Met Office forecasts heatwave in March-May, above-normal temperature across India
The Met Department has cautioned that most parts of the country might experience above-normal temperatures, although, the southern peninsula and parts of Maharashtra are likely to escape the brunt of the harsh weather conditions.
BUSINESS
Why the Air-India plane deal is a sign of India’s economic might
The Tata Group-owned carrier has signed one of the largest single aircraft orders by any airline at a time when many developed economies are staring at the possibility of recession or a deep economic slowdown in 2023.
WORLD
Indus Waters Treaty | History of conflicts surrounding water-sharing agreement between India, Pakistan
Fissures in the agreement became apparent in 2015 when Pakistan demanded a neutral expert come and examine the objections it raised to India’s hydropower projects -- Kishenganga Dam and the Ratle Hydro Electric Plant.
WORLD
In-Depth | Explained: Why the geopolitical tensions in Yemen are a matter of concern for India
Thousands of Indians live and work in the United Arab Emirates and Saudi Arabia. Indian expats account for over 30 percent of the total population of the UAE and are often work at strategic sites such as refineries, which, as we have seen in the past, are the usual targets of Houthi attacks.
INDIA
Three years on, shoddy implementation of NCAP by states likely to derail 2024 clean air goals
Three years have passed since the National Clean Air Programme was launched by the Centre, yet none of the 132 non-attainment cities have completed their carrying capacity studies – an assessment of the region’s ability to accumulate and disperse emissions while maintaining breathable air quality, a CREA study has found.
WORLD
In-Depth | Travel plans of many still in limbo as some nations haven't accepted Covaxin despite WHO nod
With the EUL status accorded by the WHO, more countries are expected to add Covaxin to the list of recognised vaccines. But until then, many Indians with overseas travel plans are left in the lurch.
INDIA
In-depth | To open or not to open: Debates on importance of education vs health grow louder as schools reopen
Even as students across India are eager to return to schools after months of closure, it has left their parents a worried lot.
TRENDS
In-Depth | Fewer bids by cities: Are the Olympics losing their sheen or are they becoming a financial cesspool?
The number of cities bidding to host the Olympic Games is dwindling because of cost overruns and the fiscal ruin that inevitably follows. A study has shown that the economic impact of hosting the event is less positive than expected.
BUSINESS
Interview | Green steel technology Energiron will help India reduce CO2 emissions, says Danieli's Dario Pauluzzi
Two Italian companies joined hands in 2006 to produce steel using a novel technology, which reduces carbon emissions by 50 percent. Dario Pauluzzi, Senior Manager, Sales, Danieli & C spoke to Moneycontrol about the Energiron technology, the company’s plans in India, and more.
TRENDS
The human cost of drone warfare: A look at some of the world’s biggest drone attacks
Given drone warfare is well on its path to emerge as one of the most important international security developments of this century, it is important to understand the death and destruction a weapon-laden UAV can cause. To provide more insight, here is a list of some of the biggest and most noteworthy drone attacks till date.
INDIA
In-Depth | COVID-19 third wave: Will ‘Delta Plus’ variant trigger it? Will it affect children more? Experts weigh in
With Delta Plus being termed a ‘variant of concern’ and the COVID-19 vaccination drive taking more time, there are growing concerns about a possible third wave of infections in India and its potential impact on children
