Rise with India: What’s up today? From pandemic to politics, everything you need to know
Rise with India
PM Modi’s multi-stakeholder meeting with J&K leaders
Prime Minister Narendra Modi will chair a multi-party meeting on Jammu and Kashmir on Thursday. This is the first meeting between the Center and the traditional parties of Jammu and Kashmir after the repeal of Article 370 and the division of the former state into two Union territories in 2019.
Calcutta HC to hear Mamata Banerjee’s plea challenging Nandigram poll result
The Calcutta High Court will hear today the plea filed by Chief Minister Mamata Banerjee challenging Nandigram’s election results. A bench of Judge Kausik Chanda will hear the case at 11 a.m. The election commission declared BJP’s Suvendu Adhikari the winner of the fiercely contested elections for Nandigram constituency. After his defeat in Nandigram, Mamata Banerjee alleged that the returning officer at Assembly headquarters said he was threatened not to recount the votes.
Delta variant now reported in 85 countries worldwide, expected to become dominant lineage: WHO
The Delta variant, the significantly more transmissible strain of COVID-19, is expected to become a ‘dominant lineage’ if current trends continue, WHO warned after it was reported in 85 countries and continues to be detected in more places around the world. The COVID-19 Weekly Epidemiological Update released on June 22 by the World Health Organization (WHO) indicates that globally, the Alpha variant has been reported in 170 countries, territories or areas, Beta in 119 countries, Gamma in 71 countries and Delta in 85. countries.
Brazilian official warned Bolsonaro over pressure to buy Bharat vaccine
A Brazilian health ministry official alerted President Jair Bolsonaro to internal pressures he was facing to purchase a COVID-19 vaccine developed by India’s Bharat Biotech, a congressman who attended the meeting said on Wednesday.
US bans imports of solar panels from Chinese company
The Biden administration on Wednesday ordered a ban on U.S. imports of a key solar panel material from Chinese company Hoshine Silicon Industry over allegations of forced labor, two sources briefed on the matter said.
U.S. House Panel Still To Vote On Data Portability Bill In Big Tech Session
The U.S. House of Representatives Judiciary Committee voted on Wednesday to approve a bill to give more money to antitrust law enforcement officials, but still had to vote on four bills aimed at restraining Big Tech.
Emotions run high as Hong Kong residents take over the latest edition of Apple Daily
Residents of Hong Kong rushed in the early hours of Thursday to collect copies of the final edition of the pro-democracy Apple Daily newspaper, which was forced to close after 26 years after being the target of a crackdown by the national security.
Fifteen long years after first donning a leather coat and donning his superhero mask, Hrithik Roshan has officially announced that the next installment in the superhero franchise, “Krrish 4”, is on its way.
44th AGM of RIL
Reliance Industries will hold its 44th Annual General Meeting (AGM) today at which important announcements are expected to be made. The meeting will be held virtually for the second time in a row. This time, the major announcements, which are of interest to investors and shareholders, are the sale of 20% of the shares of the oil-to-chemicals (O2C) business of the company to the oil giant Saudi Aramco and the deployment of 5G technology in India. .
Heineken takes control of United Breweries in India
Heineken, the world’s second-largest beer maker, took control of India’s largest brewer United Breweries, solidifying its position in a large market where beer consumption could grow from a weak base.
Middle East’s share of India’s oil imports hits 25-month low
The share of Middle Eastern crude in India’s oil imports fell to its lowest level in 25 months in May, according to oil tanker data provided by commercial sources, as refiners used alternatives in response to the government’s call to diversify their supplies.
Moody’s cuts India’s GDP forecast
Moody’s Investors Service, in its report “Macroeconomics India: Economic shocks from second wave of COVID will not be as severe as last year, forecast another four percentage points plus a reduction in India’s GDP, by 13 , 9% to 9.6% for calendar year 2021. Last month, in its projection for fiscal year 2022, the rating agency cut India’s GDP forecast by 13.7% in February at 9.3%.
- Prime Minister Narendra Modi will interact with Toycathon-2021 participants via video conference.
- Sona BLW Precision Forgings is holding a virtual listing ceremony for its shares after the IPO.
- Shyam Metalics & Energy is hosting a virtual listing ceremony for its shares after the IPO.
- India Pesticides IPO fully subscribed, gets 129% demand on first day of sale, offer ends June 25.
- Dodla Dairy shares will begin trading after the IPO receives 45.6 times the demand for offered shares.
- KIMS Hospitals shares will begin trading after the IPO of 3.9 times the demand for shares up for sale.
- Bharat Electronics is ready to buy from Prabhudas Lilladher.
- Reliance Industries moved to BBB through Fitch, Outlook negative.