Today’s Top 10 News: DNP News brings to you top 10 breaking stories of the day to keep you abreast of all the latest developments from India and around the world.
1. Opposition bowls Adani googly to flummox the Ruling Party, seeks JPC probe
Thursday’s session of Parliament was ineffective due to the Opposition’s persistent demands for a debate on the impact of the Hindenburg report’s allegations of money-roundtripping by the Adani group on public financial institutions, particularly the State Bank of India (SBI) and the Life Insurance Corporation (LIC), which have a high exposure to the group. The Joint Parliamentary Committee or the Chief Justice of India should conduct the inquiries, as requested by the Congress. On January 30, LIC said that it has made a cumulative investment in the Adani group of 36,474.78 crore. SBI has provided the struggling group with a sizeable loan.
2. Nirmala Sitharaman to conduct Budget Pathshala for BJP MP’s
On Friday, February 3, 2023, in the morning, Finance Minister Nirmala Sitharman will brief BJP MPs on the key themes of the Union Budget. Then, the party will launch an all-India outreach programme. The briefing will be held before Friday’s Parliamentary session, according to sources. J. P. Nadda, president of the BJP, had already established an eight-person committee for a “Budget par charcha” initiative, which would be led by Sushil Modi, a former finance minister of Bihar and member of the Rajya Sabha.
3. S Jaishankar: India’s G20 priorities include an emphasis on inclusive, resilient growth
According to External Affairs Minister S. Jaishankar on Thursday, India’s aims for its G20 Presidency are to achieve inclusive and resilient growth with a focus on issues facing the Global South. In response to a query in the Rajya Sabha, Mr. Jaishankar also identified other important areas of priority for India’s Presidency of the organisation as technology advancement and public digital infrastructure, multilateral institution reform, women-led development, and global peace and harmony.
4. Government starts selling at co-op stores for Rs 29.5 per kg, as Atta becomes dearer
Atta, or wheat flour, is currently selling for above Rs 38 per kg, but the Union Food Ministry announced on Thursday that cooperatives like Kendriya Bhandar and NAFED have agreed to sell it for Rs 29.5 per kg under the brand name “Bharat Atta.”The National Cooperative Consumers’ Federation of India Limited (NCCF) and the National Agricultural Cooperative Marketing Federation of India (NAFED) will provide at this price beginning on February 6; Kendriya Bhandar started selling atta at this price on Thursday. According to information on the Department of Consumer Affairs website, the average daily retail price of atta in India was Rs 38.1 per kg on Thursday, up from Rs 31.14 per kg in the previous year. to overthrow.
5. China requests Japan to cease its provocations on islands in East China Sea
On Thursday, the foreign ministers of China and Japan, Qin Gang and Yoshimasa Hayashi, spoke about the disputed islands in the East China Sea. Both expressed worry, and Qin expressed the hope that Japan would put an end to “right-wing” provocations. The disputed islets in the East China Sea, which both China and Japan claim, have long been a source of friction between the two countries. Japan refers to the islands as Senkaku, whereas China refers to them as Diaoyu.
6. Jo Johnson, director of a company connected to Adani, steps down
In connection with the now-retracted Adani Enterprises Follow-on Public Offer, Lord Jo Johnson, the younger brother of former British Prime Minister Boris Johnson, has resigned as a non-executive director of a UK-based investment company (FPO).The 51-year-old Lord Johnson was appointed as a director of London-based Elara Capital Plc in June of last year and resigned on Wednesday, the day the Adani Group announced the withdrawal of the FPO, according to the ‘The Financial Times’ newspaper, which cited UK Companies House documents.
7. Google employees demonstrate against job losses and low pay
This week, Google workers protested on both US coasts to draw attention to subcontracted workers’ working conditions and to show support for their thousands of recently laid-off coworkers.Rallies were held after the company announced the largest reduction in employment in its history: 12,000 positions, or 6% of its global workforce. One rally was held on Wednesday at Google headquarters in Mountain View, California, and another one was held on Thursday close to Google’s corporate offices in New York City. Microsoft Corp., Salesforce Inc., and Amazon.com Inc., three other significant IT companies, have all lately announced layoffs.
8. Old pension scheme may be expensive for states: finance secretary
On Thursday, TV Somanathan, the finance secretary, emphasised the need to keep the pace of increase in revenue expenditure for making interest payments, paying pension and subsidies lower than the nominal growth rate of the economy and warned states against going back to old pension plans because it could have consequences for future governments.It is a huge issue that, if handled, may have a very negative impact on the budget of the governments implementing the changes. It is one of those situations where you appear to be saving money today while actually causing major issues for future generations and governments.
9. Australia wary of slide spin before Test opener
The biggest difficulty for Australia’s team in the next Border-Gavaskar Test Trophy, according to head coach Andrew McDonald, would be to deal with “slide spin” from the Indian tweakers in the early overs. While the tourists set to work getting ready for the gruelling four-Test series that would start in Nagpur on February 9, McDonald also cautioned his batters that they would need to develop unique strategies and tactics to deal with the sliding deliveries.
10. Hansal Mehta: Theme of “Faraaz” is perseverance in the face of adversity
The theme tune, “Musafir Ko Bhatak Ke Ghar Hi Aana Hai” (the wandering traveller must come home), was playing when one ran into Hansal Mehta in a Delhi multiplex washroom during the showing of his most recent movie, Faraaz. The writer-director says that the song also significantly defines him, and that with the movie, which is based on the terrorist attack at a high-end Dhaka café in 2016, he is returning to the territory that made him a creative force to be reckoned with.