Telecom tycoon Sunil Bharti Mittal becomes first Indian to be knighted by Britain’s King Charles III
KBE is among highest honours conferred by British Sovereign on civilians. Telecom tycoon Sunil Bharti Mittal has been awarded Honorary Knighthood by the British... Key Points
The Tribune India3 get chemistry Nobel for protein design and structure prediction
The Nobel Prize in chemistry was awarded Wednesday to three scientists for their breakthrough work predicting and even designing the structure of proteins, the building blocks of life. The prize was awarded to David Baker, who works at the University of Washington in Seattle, and to Demis Hassabis and John Jumper, who both work at Google DeepMind, a British-American artificial intelligence research laboratory based in London. Key Points
The TribuneStocks in news: SMS Pharma, Patel Engineering, Vedanta, HG Infra, SJVN
Patel Engineering, in collaboration with its joint venture partner, has been awarded the letter of acceptance (LOA) by the Irrigation & CAD Department, Government of Telangana for a contract valued at Rs 525.36 crore. Key Points
Economic TimesCoal CPSEs to scale up renewable energy capacity to 7231 MW by 2027
Coal PSUs have planned to scale up their total installed renewable energy capacity to 7,231 megawatt (MW) by 2027, an official statement said on Thursday. About 1,600 MW of renewable capacity has already been created till March 2023, by the PSUs Coal India Ltd (CIL), NLC India Ltd (NLCIL), and Singareni Collieries Company Limited (SCCL). Key Points
Economic TimesCENTRAL COMMAND INVESTITURE CEREMONY: Brave soldiers feted; paragliders, skydivers mesmerise audience
Central Command Investiture Ceremony in Lucknow featured thrilling attractions like skydivers, bikes leaping through fire rings, and paramotors display. Lieutenant General NS Raja Subramani awarded soldiers for their courage and service. Surya Command Trophies were awarded to various military establishments. The event was attended by senior army officers, civil dignitaries, and veterans. Key Points
Hindustan Times
TOTal gain: NHAI awards 400 km for Rs 6,584 crore
TOT model has been developed to encourage private participation in the highway sector. Till now, NHAI has monetized 1614 km of projects for Rs 26,366 crore (excluding ToT bundle 11 and 12) through ToT and 636 km of projects for Rs 10,200 crore through InVIT.Till now, NHAI has monetized 1614 km of projects for Rs 26,366 crore (excluding ToT bundle 11 and 12) through ToT and 636 km of projects for Rs 10,200 crore through InVIT, it said. Key Points
Economic TimesOrder of the Nile to Legion of Merit: List of PM Modi’s state honours
Over the past nine years, PM Modi has been accorded with the highest state honours on several occasions. From Companion of the Order of Logohu in Papua New Guinea, to the Order of the Nile in Egypt, take a look at all such state honours awarded to PM Modi. Key Points
India TodayAdani Green Energy ranks among top 3 global solar PV developers
Adani Green Energy Limited (AGEL) has secured the second position among global solar PV developers, according to the Annual Global Report by Mercom Capital Group. AGEL's impressive performance and contributions to the renewable energy sector earned it this ranking, boasting a total solar capacity of 18.1 GW, covering operational, under-construction, and awarded projects. Key Points
Economic TimesRe-auction of PLI for batteries soon
The Indian government will re-auction the performance-linked incentives (PLI) for 20 GW advanced chemistry cell (ACC) battery manufacturing, following the allocation of the capacity to Hyundai Global Motors, which was found to be impersonating Hyundai Motor. Estimated incentives of ₹7,240 crore will be offered under the ₹18,100 crore PLI scheme disbursed over five years. Key Points
Economic TimesThe real Hyundai Motor stands up at battery PLI pre-bid round
The participation of the South Korean company is notable because a similarly named Hyundai Global Motors had got sops for setting up a 20 gigawatt hour (GWh) capacity in the earlier PLI auction round for ACC batteries, held in January 2022. It was eventually concluded that this was a case of impersonation and that Hyundai Global Motors had used fake documentation while bidding. Key Points
Economic Times
Ace investor Rakesh Jhunjhunwala to be posthumously awarded Padma Shri
Rakesh Jhunjhunwala graduated from Mumbai's Sydenham College of Commerce and Economics and joined the Institute of Chartered Accountants of India from where he completed his CA in 1985. The Padma Shri awarded by the government is for his contributions in trade and industry. Key Points
Economic TimesNarges Mohammadi wins 2023 Nobel Peace Prize for her fight against oppression of women in Iran
Narges Mohammadi, a human rights advocate in Iran, has been awarded the 2023 Nobel Peace Prize for her fight against the oppression of women and her promotion of human rights. Mohammadi has faced numerous arrests and convictions for her activism, and is currently imprisoned. Key Points
Economic TimesPadma Awards 2024: Former Bihar CM Karpoori Thakur to be conferred with Bharat Ratna
Padma Awards 2024: The Rashtrapati Bhavan has announced that the late Karpoori Thakur, former Chief Minister of Bihar, will be awarded the prestigious Bharat Ratna. Thakur, affectionately known as 'jannayak', held the position of Chief Minister from December 1970 to June 1971 and again from December 1977 to April 1979. Key Points
Economic TimesVision 2047: Mega plan for building highways soon
According to official data, the country has been annually constructing over 10,000 kilometres of national highways (NH) since the launch of Bharatmala in October 2017. The goal of the scheme was to build 74,942 kilometres (km) of NH, of which 34,800 km was approved as the first phase for development (till September 2022) against ₹5.35 lakh crore investment. Key Points
Economic TimesAdani hires global team for Dharavi slum redevelopment project
The Adani group has said the Dharavi project was awarded through a fair, open, and internationally competitive bidding process. The state government has denied any wrongdoing. Key Points
ThePrint
Who is Dylan Mulvaney? TikTok's trans influencer awarded ‘Woman of the Year’
Who is Dylan Mulvaney? The question seems to be raising curiosity as the famous TikTok trans influencer has been in the news for a while now. Get to know more below. Key Points
Hindustan TimesIndia may aim to monetise $24 bn worth of highways by 2027
The Indian government aims to generate revenue of around $24.1 billion by monetising highways in the coming years, according to rating agency CareEdge. The plan involves building thousands of kilometers of new roads annually and using an Infrastructure Investment Trust (InvIT) or a toll-operate-transfer (TOT) model to generate revenue from these assets. Key Points
Economic TimesGovernment aiming to monetise $24 bn worth of highways by 2027
The Indian government aims to generate revenue of around $24.1 billion by monetising highways in the coming years, according to rating agency CareEdge. The plan involves building thousands of kilometers of new roads annually and using an Infrastructure Investment Trust (InvIT) or a toll-operate-transfer (TOT) model to generate revenue from these assets. Key Points
Economic TimesModi govt’s road dreams may take a backseat on cash flow and debt issues
High cost inflation for road projects, cash flow challenges for road EPC companies and elevated debt levels for NHAI mean that road awards will continue the muted trends seen in FY23 and April 2023. Analysts have said that awarding of projects may slow down ahead of the general elections in 2024. Key Points
Economic TimesIndian Idol 13 winner Rishi Singh takes home Rs 25 lakh, Debosmita Roy first runner-up
Indian Idol 13 winner's trophy was lifted by Ayodhya boy Rishi Singh. The Class 12th student says he broke down after he heard the news. Key Points
The Indian Express
Jharkhand CM awards laptops, cash prizes to CBSE, ICSE, JAC, Olympiad toppers
A total of ₹1.32 crore, laptops and mobile phones were distributed among the students. Key Points
Hindustan TimesIndian lifters bag two bronze on day 1 of World Youth Championships
Jyoshna won silver in the snatch section but was sixth in the clean and jerk category in the seven-lifter field. Dhanush, on the other hand, heaved a total weight of 200kg (88kg+112kg) to finish third behind Filipinos Prince K. Delos Santos and Eron Borres in the men's 49kg event. The 16-year-old won a silver medal in the snatch category. Key Points
Economic TimesUniversity of Birmingham launches Chancellor’s Scholarship in India
The University of Birmingham launched an all new scholarship for Indian students at the official website - birmingham.ac.uk. Key Points
The Indian Express