Andre Braugher passes away: Celebrities mourn the actor's demise, pay heartfelt condolence
'Andre Braugher. God. I’ve worked with a lot of wonderful actors. I’ll never work with one better. Stunned and thinking of Ami and his sons and so many memories of this good man that are now a blessing,' wrote David Simon Key Points
FirstpostUS House Republicans eye plan to avert government shutdown as Moody's warns
U.S. House Speaker Mike Johnson has spent days in talks with members of his slim 221-212 Republican majority about several CR options. The Republican-controlled House and Democratic-led Senate must agree on a vehicle that President Joe Biden can sign into law before current funding expires on Nov. 17. Key Points
Economic TimesUK removes countervailing tariff on steel bar, rod imports from India
Stainless Steel bars and rods are used across various industries, including the automotive, aerospace and food processing industries. The bars and rods can either be used as a specific component in a larger product, for example as a propeller shaft, or they can be further worked into other stainless-steel products, for example, precision components. Key Points
Economic TimesUS House Speaker Johnson floats measure to avert Govt shutdown. These Republican members oppose it
US House Speaker Johnson introduced a continuing resolution on Saturday as a stopgap measure to prevent a government shutdown. But some Republican members have announced to oppose it. Know these members and other details. Key Points
Economic TimesUS Congress averts government shutdown, passing $1.2 trillion bill
U.S. Congress passed a $1.2 trillion budget bill to avert a shutdown, excluding military aid. Business Roundtable supports enhancing tax breaks. Marjorie Taylor Greene threatens Speaker. Bill allocates $886 billion for Defense Department, praised by Senator Collins. Key Points
Economic Times
Setback for HUL, Nestle, Patanjali and others as HC upholds anti-profiteering provisions under GST
The Delhi High Court has upheld the constitutional validity of anti-profiteering provisions under the Goods and Services Tax (GST) framework. Over 50 top companies, including Hindustan Unilever, Abbott, Johnson & Johnson, and Nestle, had challenged these measures. The court stated that the provisions are a consumer welfare measure and do not violate constitutional provisions. Key Points
Economic TimesIndia criticises safeguard measures on import of certain steel products by EU, UK in WTO meet
Several countries, including India, Switzerland, Russia, and Japan, have criticized the EU and the UK for their safeguard measures on steel imports, stating that they are inconsistent with global trade rules. The countries, speaking at the World Trade Organisation's Safeguards Committee meeting, argued that the measures violated WTO rules. Key Points
Economic TimesIndian-origin NASA scientist to lead rocket mission into 2023 solar eclipse
NASA is set to launch a mission called APEP to study how a solar eclipse affects the upper atmosphere. During an eclipse, the sudden drop in sunlight causes changes in the ionosphere, creating waves that ripple through this atmospheric layer. The APEP mission will involve launching three rockets equipped with scientific instruments to measure changes in electric and magnetic fields, density, and temperature. Key Points
Economic TimesUS consumer inflation up unexpectedly in February
US consumer inflation in February surprised with an acceleration, raising concerns for policymakers considering interest rate cuts. The annual consumer price index was 3.2%, with the core measure at 3.8%. The Federal Reserve may start reducing rates this year if there is progress in lowering inflation. Key Points
Economic TimesDelhi faces stringent anti-pollution measures as air quality plummets to 'severe' levels
Delhi Pollution: The CAQM has imposed Stage-III restrictions of GRAP to address the deteriorating air quality in Delhi-NCR. The measure includes a ban on non-essential construction work and Bharat Stage-III petrol and Bharat Stage-IV diesel vehicles. Stone crushers, mining activities, and construction and demolition activities are also closed. Key Points
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US Senate backs measure requiring reporting on China tech investments
The U.S. Senate overwhelmingly backed legislation on Tuesday that would require U.S. companies to notify federal agencies of investments in Chinese technologies such as semiconductors and artificial intelligence. Key Points
ReutersPoor no longer? Dimensions of poverty in India
Around 135 million Indians exited ‘multidimensional poverty’, a measure of deprivation beyond money, between 2015-16 and 2019-21, the Niti Aayog says. The basis of calculation is the National Family Health Survey (NFHS). Mint explains: Key Points
mintRepublican governor likely to sign six-week abortion ban passed by South Carolina lawmakers
The Republican-backed bans most abortions before many women know they are pregnant. It is a revised version of an earlier measure that the state Supreme Court ruled unconstitutional earlier this year. Key Points
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