News Digest: Sensex gains 910pts as Adani stocks stabilise

		THE TIMES OF INDIA
		Saturday, February 04, 2023
		Today's Headlines

		India
		Sensex gains 910pts as Adani stocks stabilise Recovery in prices of some Adani stocks on the back of an assurance from the finance minister relating to LIC and SBI exposure to the group had a positive impact on Dalal Street investors. As a result, the sensex shot up by 910 points to 60,842. The day witnessed extreme volatility but, at the end of the session, it were the banking & financial stocks that contributed the most to the index’s gain. Services activity slows marginally in January: Survey States with old pension plan may not get extra borrowing States that bring back old pension scheme will be disincentivised from undertaking additional borrowings during the 2023-24 financial year, following a rule that was changed by the Centre earlier. In the calculation of the borrowing entitlement of states, any amount paid by the state government and the employee to the PFRDA is allowed as an additional borrowing provision, referred to as the pension funding adjustment (PFA). More India News»

		Science
		Astronomers detect radio signal from atomic hydrogen in distant galaxy Astronomers from McGill University in Canada and the Indian Institute of Science (IISc) in Bengaluru have used data from the Giant Metrewave Radio Telescope (GMRT) in Pune to detect a radio signal originating from atomic hydrogen in an extremely distant galaxy. The astronomical distance over which the signal was picked up is so far the farthest. Astronomers detect radio signal from atomic hydrogen in distant galaxy Astronomers from McGill University in Canada and the Indian Institute of Science (IISc) in Bengaluru have used data from the Giant Metrewave Radio Telescope (GMRT) in Pune to detect a radio signal originating from atomic hydrogen in an extremely distant galaxy. The astronomical distance over which the signal was picked up is so far the farthest. 111 payloads, 105 space debris identified as 'Indian objects' orbiting Earth: Space minister More Science News»

		Technology
		Lenovo IdeaPad 1 with AMD Ryzen 3 7320U launched in India Lenovo has announced the IdeaPad 1 in India, the company’s first laptop with the Ryzen 3 7320U. The company says that the laptop is the perfect balance of performance, productivity, and responsiveness, ideal for students, teachers, and working professionals. Dassault Systemes helps Renault Group optimise vehicle costs Dassault Systèmes has developed a new cost intelligence solution to help Renault Group reduce the impact of rising raw material prices on vehicle production costs. The solution extends Renault Group's use of the 3DEXPERIENCE platform, a leading 3D design and engineering software, from design and engineering to the strategic business functions of costing and purchasing. This allows users to contribute to Renault Group's technological and digital transformation. Apple's 'AirPods Lite' may debut in 2024, says analyst AirPods Lite: It has been a while since we have been hearing about a 'more affordable version of AirPods,' known as 'AirPods Lite' under development. Rumours are rife about Apple working on a lower-priced pair of AirPods to compete with affordable earbuds. We now hear that these affordable AirPods could debut sometime in late 2024 or early 2025. More Technology News»

		Business
		In 1st rating action, S&P cuts outlook on 2 Adani companies to negative In the first rating action since the Hindenburg report, S&P has lowered the outlook on Adani Ports and Adani Electricity to negative from stable. The ratings agency cited the deterioration in the credit profile of Adani Ports and Adani Electricity Mumbai due to governance risks and funding challenges for the larger Adani Group. Exposure of banks, financial institutions to Adani Group well within limit: FM Sitharaman The Centre on Friday moved to soothe sentiments of investors, with finance minister Nirmala Sitharaman saying the exposure of banks and financial institutions to the Adani Group was well within permissible limits. She added that investor confidence in India would remain high as the markets were well-regulated. Govt abolishes customs duty on cars, tyres imported for testing More Business News»

		Sports
		Team India begins preparations for the Border-Gavaskar Trophy in Nagpur The Indian cricket team has begun its preparations for the much-awaited Border-Gavaskar Trophy on Friday. The four-match Test series between India and Australia is scheduled to start from February 9, when the two top-ranked Test sides meet at the Vidarbha Cricket Association Stadium in Nagpur. Adani-owned WPL team appoints Rachael Haynes as head coach The Gautam Adani-owned Women's Premier League (WPL) team Gujarat Giants has appointed Australian Rachael Haynes as the head coach on Friday. The team also roped in Nooshin Al Khadeer, who guided India U-19 team to World Cup triumph, as bowling coach. Australia get 'Ashwin duplicate' to train ahead of India Test series Australia have roped in Maheesh Pithiya, a 21-year-old spinner with uncanny resemblance to Ravichandran Ashwin, to train on spin-friendly tracks as part of their preparation for the upcoming Test series against India. More Sports News»

		Education
		Kerala KMAT 2023 Admit Card released on cee.kerala.gov.in, download now The Commissioner for Entrance Examinations, Kerala has issued the KMAT 2023 Admit Card today, on February 03, 2023. Candidates who will appear for the Karnataka Management Aptitude Test 2023 can download the admit card from the official website at cee.kerala.gov.in or follow the steps given below in the article to download the same. TBJEE 2023 registration process begins at tbjee.nic.in, check how to apply The Tripura Board of Joint Entrance Examination (TBJEE) has started the registrations for the TBJEE 2023 examination. The exam is tentatively scheduled to be held on April 25, 2023. Candidates who are interested and eligible can visit the official website at tbjee.nic.in to register and apply. Check the article below for more details. IIM Kashipur, TimesPro announce the start of admissions for EMBA programme in Analytics More Education News»

		Environment
		France destroys seaside flats threatened by coastal erosion French authorities on Friday started demolishing a seaside block of flats that has come to symbolise the country's battle against climate change-linked coastal erosion. Union Budget 2022-23: Rs 3,030 crore allocated to Environment Ministry Germany pledges $222 million for Brazil environment, Amazon German development minister Svenja Schulze announced Monday that her government will make 204 million euros ($222 million) available for environmental policies in Brazil. More Environment News»

		World
		Felt it was my dharma to take over as UK PM: Rishi Sunak US Secretary of State Antony Blinken postpones China trip over spy balloon incident The network said Blinken did not want to blow the situation out of proportion by canceling his visit, but also did not want the incident to dominate his meetings with Chinese officials. China says balloon is for research, accidently strayed China’s foreign ministry said Friday that a balloon the US suspects of conducting surveillance was a civilian “airship” used for research, mainly meteorological purposes. The statement said the airship has limited steering capability and “deviated far from its planned course” because of winds. It said China regrets the unintended entry of the airship into US airspace. More World News»

		Environment
		France destroys seaside flats threatened by coastal erosion French authorities on Friday started demolishing a seaside block of flats that has come to symbolise the country's battle against climate change-linked coastal erosion. Union Budget 2022-23: Rs 3,030 crore allocated to Environment Ministry Germany pledges $222 million for Brazil environment, Amazon German development minister Svenja Schulze announced Monday that her government will make 204 million euros ($222 million) available for environmental policies in Brazil. More Environment News»

		Hyderabad
		More youngsters now turning up with advanced stage cancer: Doctors A steep rise in cases of colorectal cancers in the state has left doctors worried. Also because more people below the age of 30 are being found suffering from advanced stages of this cancer. According to official data, colorectal cancers that until recently comprised only 1% of all cancers in Telangana, has jumped to 6.7% - 3,500 cases being reported every year. In Telangana, cancer registry need of hour, can go long way in combating disease With cancer cases on the rise, health experts want it to be made a notifiable disease while insisting that a cancer registry in the state is also the need of the hour as it is the first step towards effective treatment. Though a proposal for a cancer registry was floated in united AP over 10 years ago, it is yet to see the light of day. Teen booked for reckless driving; 2 hurt in Hyderabad Police booked a 19-year-old student for negligent driving and injuring two people near Darulshifa X Roads early Friday. More Hyderabad News»

		Chandigarh
		Petrol, diesel get dearer by 90 paise in Punjab SC employees of Haryana to get reservation in promotion, announces CM Manohar Lal Khattar Surviving cancer, and celebrating life On World Cancer Day a Mohali hospital, several fun activities were organized as part of the Saarthak Meet - the cancer support group More Chandigarh News»

		Ahmedabad
		Cancer survivors become ambassadors of hope For Aruna Patel, October 2 holds special significance - on this very day in 2015, she was diagnosed with breast cancer. "Being a nurse, I deal with patients day in and day out. But even then, the news not only affected me but my whole family," says Patel who now works at the cancer centre of Sterling Hospital. Pharmaceutical companies restrained from making diabetes drug Two local pharmaceutical companies have been restrained from manufacturing and marketing a drug for Type 2 diabetes after a German pharma giant claimed they had infringed on its patent rights. Two women found dead in Daskroi village Two women aged 50 and 62 were found murdered in a gauchar land in Zanu village of Daskroi taluka of the city on Friday evening. The deceased had multiple stab wounds on their bodies. More Ahmedabad News»

		Chennai
		Anti-vice squad busts sex trade in Chennai The anti-vice squad of the city police on Thursday nabbed a car driver at a star hotel who was a pimp and busted the sex trade he had been running. A court later sent the arrested man, Karthikeyan alias Jacob, to jail. Based on the confession of a few of Karthikeyan's associates who were picked up last week, the police team laid a trap and caught Karthikeyan when he visited his house to meet his wife. Unchecked, food vendors take over Chennai pavements Almost every popular stretch of the city is now home to dozens of food sellers, with the number of tiffin shops registering an unparalleled rise. Some of these shops have built concrete structures on sidewalks to make their facility permanent. Tamil Nadu railway projects allocated Rs 6,000 crore in budget Railway projects in Tamil Nadu including track renewals, doubling and station development have been allocated 6,080 crore in the budget for the coming financial year and that the state government should rise above politics and support development to meet the aspirations of the people, Union minister Ashwini Vaishnaw has said. More Chennai News»

		Bangalore
		Three wore food-delivery boys' uniform to sell drugs, caught in Bengaluru Three alleged drug peddlers who would don the uniforms of food-delivery boys while selling narcotics to customers have been arrested. CCB police arrested the trio and recovered from them 219 LSD strips, 100 grams of MDMA, 15 ecstasy pills, all worth Rs 30 lakh. Reforms panel proposes 1% sports cess on property tax in Bengaluru The Karnataka Administrative Reforms Committee (KARC) has recommended a 1% cess on property tax in all urban local bodies (ULBs) including Bengaluru, to fund development of sports facilities and infrastructure. Rs 5.6 crore collected on first day of 50% rebate on traffic fines in Bengaluru Making good use of the 50% discount offer on payment of pending fines for traffic violations, Bengalureans on Friday shelled out more than Rs 5.6 crore towards various offences. More Bangalore News»

		Bangalore
		Three wore food-delivery boys' uniform to sell drugs, caught in Bengaluru Three alleged drug peddlers who would don the uniforms of food-delivery boys while selling narcotics to customers have been arrested. CCB police arrested the trio and recovered from them 219 LSD strips, 100 grams of MDMA, 15 ecstasy pills, all worth Rs 30 lakh. Reforms panel proposes 1% sports cess on property tax in Bengaluru The Karnataka Administrative Reforms Committee (KARC) has recommended a 1% cess on property tax in all urban local bodies (ULBs) including Bengaluru, to fund development of sports facilities and infrastructure. Rs 5.6 crore collected on first day of 50% rebate on traffic fines in Bengaluru Making good use of the 50% discount offer on payment of pending fines for traffic violations, Bengalureans on Friday shelled out more than Rs 5.6 crore towards various offences. More Bangalore News»

		Mumbai
		Congress wrests Amravati to give MVA 3 of 5 seats in Maharashtra council Congress on Friday gave a jolt to BJP when it wrested the Amravati graduates constituency from it, making the score three MVA, one BJP and one independent in this year’s legislative council election. Pay Rs 2 lakh to rape survivor as police didn't file complaint, Maharashtra govt told The Maharashtra State Human Rights Commission (MSHRC) has asked the government to pay Rs 2 lakh compensation to an alleged gangrape victim because the police failed to register her complaint and initiate appropriate action. Police acted on her complaint only after she approached a senior police officer in June 2022. Trial run of new Vande Bharat train from today The trial run of Vande Bharat train on CSMT-Solapur and CSMT-Sainagar Shirdi routes that have steep ghats will commence from today. More Mumbai News»

		Delhi
		MCD budget passed 'illegally', claims AAP AAP on Friday alleged that Municipal Corporation of Delhi (MCD) had passed its budget "illegally" even as the elected House was yet to choose its mayor. Rejecting the allegation, civic officials and BJP claimed that AAP was lying. Excise policy case: Meenakshi Lekhi hits out at Delhi CM Arvind Kejriwal for questioning ED chargesheet The BJP on Friday hit out at Delhi chief minister Arvind Kejriwal for questioning the Enforcement Directorate's supplementary chargesheet in the excise "scam" case saying that it has now been proved that the chief minister and his deputy Manish Sosidia were directly involved in corruption. Delhi University executive council passes new scheme on internal assessment The weightage to semester-end centralised DU examinations for a theory-based paper has been reduced to 56%, according to a new scheme passed by the varsity's executive council on Friday. Hence, the internal assessment - which carried 25% marks earlier - will weigh more for the students than before. More Delhi News»

		Delhi
		MCD budget passed 'illegally', claims AAP AAP on Friday alleged that Municipal Corporation of Delhi (MCD) had passed its budget "illegally" even as the elected House was yet to choose its mayor. Rejecting the allegation, civic officials and BJP claimed that AAP was lying. Excise policy case: Meenakshi Lekhi hits out at Delhi CM Arvind Kejriwal for questioning ED chargesheet The BJP on Friday hit out at Delhi chief minister Arvind Kejriwal for questioning the Enforcement Directorate's supplementary chargesheet in the excise "scam" case saying that it has now been proved that the chief minister and his deputy Manish Sosidia were directly involved in corruption. Delhi University executive council passes new scheme on internal assessment The weightage to semester-end centralised DU examinations for a theory-based paper has been reduced to 56%, according to a new scheme passed by the varsity's executive council on Friday. Hence, the internal assessment - which carried 25% marks earlier - will weigh more for the students than before. More Delhi News»

		Delhi
		MCD budget passed 'illegally', claims AAP AAP on Friday alleged that Municipal Corporation of Delhi (MCD) had passed its budget "illegally" even as the elected House was yet to choose its mayor. Rejecting the allegation, civic officials and BJP claimed that AAP was lying. Excise policy case: Meenakshi Lekhi hits out at Delhi CM Arvind Kejriwal for questioning ED chargesheet The BJP on Friday hit out at Delhi chief minister Arvind Kejriwal for questioning the Enforcement Directorate's supplementary chargesheet in the excise "scam" case saying that it has now been proved that the chief minister and his deputy Manish Sosidia were directly involved in corruption. Delhi University executive council passes new scheme on internal assessment The weightage to semester-end centralised DU examinations for a theory-based paper has been reduced to 56%, according to a new scheme passed by the varsity's executive council on Friday. Hence, the internal assessment - which carried 25% marks earlier - will weigh more for the students than before. More Delhi News»

		Allahabad
		Every UP citizen looks forward to Prayagraj to seek justice: CM Yogi Adityanath Chief Minister Yogi Adityanath on Friday said that the government and the judiciary both want to provide fair and accurate justice to the state's citizens, and when the bar association joins them, things move along more rapidly. He added that every citizen of UP comes to Prayagraj seeking justice. Sri Satya Sai Seva Samiti volunteers provide healthy breakfast and value based education at government primary school in Prayagraj Chalk out plan to ease traffic: CP More Allahabad News»

		Bhopal
		FIR against SP leader Swami Prasad Maurya, 8 others in Gwalior over Ramcharitmanas row A case has been registered against former Uttar Pradesh minister and Samajwadi Party (SP) leader Swami Prasad Maurya by police in Madhya Pradesh's Gwalior over his alleged remarks against Hindu epic 'Ramcharitmanas', an official said on Friday. GRP initiates search for body parts of woman Gwalior GRP is searching for the body of a woman for the last two days. For this, they conducted the biggest search operation ever. On Tuesday a woman's severed head was found near the track of Gwalior railway station. One of her arms was found at some distance; other parts are missing. Couple abandons newborn, spends guilt & jail time to get him back in Madhya Pradesh A couple, who had thrown their newborn in some bushes in Maihar of MP's Satna district last year, have been reunited with the child after a change of heart and six months in jail. More Bhopal News»

		Bhubaneswar
		Odisha gets allocation of Rs 10,012 crore for railway sector After Odisha minister's murder, cops plan to take SPG help for improving VVIP security Sand mafias attack IAS officer in Odisha's Balasore Balasore collector Dattatraya Bhausaheb Shinde said the sand mafias pelted stones at the sub-collector’s vehicle. He has sustained minor injuries. His driver’s head was injured which required two stiches by the doctors. His condition is also stable. More Bhubaneswar News»

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