TheNFAPost Shuboudhay: Morning News Bulletin

🙏🇮🇳TheNFAPost 𝐒𝐇𝐔𝐁𝐎𝐔𝐃𝐇A𝐘🇮🇳🙏

20 August (Saturday)
Vedic Ritu: Varsha
Drik Ritu: Varsha
पक्ष : Krishnapaksh
Month: Bhadrapada 8 (Purnimata)/ Sravana 23(Amanta)

Vikram Samvat – 2079
Shaka Samvat – 1944 Nakshatra: Rohini
Mrigashirsha
Tithi : Navami
Dashami
RahuKaal: 09:19 AM – 10:54 AM

SUMMARY BHAGWAD GEETA https://youtu.be/ijmAODGHEFw

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TODAYS TOP HEADLINES
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Economic Times

📝 Chinese slowdown brightens prospects for Indian manufacturing: Experts

📝 CAMS promoter entity pares 3.79% stake for Rs 428 crore

📝 CDC Group sells 3.56% stake in IIFL Finance for Rs 453 crore

📝 Sovereign Gold Bond Scheme: Issue price fixed at Rs 5,197/gm; subscription opens Monday

📝 Gold imports up 6.4 pc to USD 13 billion in April-July this fiscal

📝 Sebi joins RBI’s account aggregator framework to boost financial-data sharing system

📝 Nandan Nilekani’s Fundamentum raises $227 million second fund

📝 Edtech startup Sunstone raises $35 million in funding led by WestBridge Capital

Business Standard

📝 Finance ministry expects rural demand to recover as inflation softens

📝 SoftBank taps Sumer Juneja to oversee European investments: Report

📝 July witnesses sharp decline in M&A values, PE deals, says report

📝 Adani Group gets approval for $3.8 billion open offer for Ambuja, ACC

📝 Future Enterprises defaults on Rs 12.68 crore interest payment for NCDs

📝 Akasa Air expects to operate over 150 weekly flights by September end

📝 Uni Cards suspends services days after RBI tightens digital lending norms

📝 ReNew Power reports Rs 10.4 crore loss in April-June quarter of FY23

📝 Retail inflation for farm, rural workers rises to 6.6%, 6.82% in July

📝 Sebi moves to safeguard demat accounts through block mechanism

📝 Foreign exchange reserves decline to $570 bn on back of decline in FCA

📝 Number of companies looking for freshers to triple in H2CY22, shows data

Financial Express

📝 PSBs need more autonomy to deal with frauds: RBI study

📝 Brigade Enterprises Q1 sales bookings rises 70 pc to Rs 814 crore

📝 Adani Power to acquire DB Power for Rs 7,017 cr

📝 Minutes of August meeting: MPC members favour front-loading of rate hikes

📝 Big CPSEs step up capex, to aid investment revival

📝 Rupee falls 20 paise to 79.84 against US dollar

📝 Water reserves rise 25% above benchmark average

📝 Base metals prices crash up to 32%, hurt domestic producers

Mint

📝 India’s first indigenous monkeypox test kit launched

📝 Trade, economic growth will retain its momentum in 2023-24: Govt

📝 NHPC to invest over ₹18,000 cr in Nepal

📝 Centre updates ALMM list for solar modules with more Indian players

📝 CBDT amends income tax rule for foreign tax credit claims

📝 Commercial vehicle industry may witness 12-15% growth in FY23: Report

📝 India’s dollar credit market faces its worst drought in 13 years

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TODAYS TOP NEWS
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1. Over 209.27 crore vaccine doses administered so far under Nationwide Vaccination Drive

2. PM Modi on Friday said, 10 crore rural households of the country have been connected to piped clean water facility. He was addressing the HarGhar Jal Utsav in Panaji under Jal Jeevan Mission via video message.

3. The govt has extended the service of Union Home Secretary Ajay Kumar Bhalla for a period of one year (22 Aug 2023)

4. BIHAR : RJD chief Lalu Prasad Yadav’s son-in-law, Shailesh Kumar, at Bihar government’s official meetings have emerged on social media. Reacting to this, BJP Rajya Sabha MP Sushil Kumar Modi said Lalu’s son-in-law and party workers are running the government and Bihar Chief Minister Nitish Kumar is “helpless”. PM Modi said Shailesh had no business being present at the meetings.

5. DELHI Lieutenant Governor VK Saxena had recommended a CBI probe over alleged violations of rules and procedural lapses in the new liquor policy.

6. Samajwadi Party chief Akhilesh Yadav said CBI raids on Manish Sisodia will not scare the Delhi Deputy CM or the AAP.

7. HIMACHAL : BJP National President JP Nadda is set to visit the poll-bound state of Himachal Pradesh and attend various events in Sirmaur on Saturday.

8. LADAKH Lieutenant Governor RK Mathur inaugurated a 2-day Ladakh Education Fair 2022 virtually. The 2-day Fair began at six venues of constituents colleges of University of Ladakh with prime focus of employability of youth.

9. MAHARASHTRA Govt announces that financial assistance will be provided to Govindas, who suffer serious injuries during the Dahi Handi festival.

10. ODISHA : The flood situation is still grim in several districts of Odisha. Chief Minister Naveen Pattnaik conducted an aerial survey of five flood-hit districts and announced 15 days relief for the affected people in the worst-hit districts of Khurdha, Puri, Cuttack, Kendrpada and Jagatsinghpur.

11. Odisha CM Naveen Patnaik appealed to people of four districts including Balasore, Keonjhar, Mayurbhanj and Bhadrak not to venture out of their homes on Saturday amid heavy rainfall forecast

12. UTTAR PRADESH , Janmashtami, the festival of Lord Krishna’s birth is being celebrated with religious fervor. Chief Minister Yogi Adityanath reached Mathura and took the blessings of Lord Krishna.

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CRIME REPORT
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1. Central Bureau of Investigation, CBI, has lodged an FIR against Deputy Chief Minister of Delhi Manish Sisodia in the alleged violations of rules and procedural lapses in the new liquor policy. 14 other persons including Excise Officials, liquor company executives, unknown public servants and private persons have also been named in the FIR.

2. WEST BENGAL : The CBI on Friday raided a rice mill owned by arrested TMC leader Anubrata Mondal’s daughter, Sukanya, in West Bengal’s Bolpur

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FINANCE
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USD ₹79.92
💷 GBP ₹94.53

BSE Sensex 59,646.15 −651.85 (1.08%)🔻

NIFTY: 17,758.45 −198.05 (1.10%)🔻

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Box Office: Karthikeya 2 overtakes Laal Singh Chaddha & Raksha Bandhan on Janmashtami.

Box Office is full of surprises and it has surprised everyone yet again as a Hindi dubbed Telugu release Karthikeya 2, which opened to Rs. 7 lakh in the Hindi belt, has toppled big Bollywood releases.

The domestic total of Laal Singh Chaddha stands at a little under Rs. 52 crore after 9 days while Raksha Bandhan stands at a meagre total of Rs. 38.40 cr

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DEFENCE
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1. Defence Minister Rajnath Singh yesterday interacted with jawans of the Indian Army and Assam Rifles at Headquarter of Assam Rifles (South) in Imphal. He was accompanied by the Chief of Army Staff General Manoj Pande.

2. An Indian Air Force contingent has reached Australia to participate in Exercise Pitch Black 2022. The exercise is being held in Darwin till 8th of next month.

3. Tripura: A Head Constable of 145th Battalion of Border Security Force (BSF) was martyred in Panisagar sector yesterday, when his patrol team came under indiscriminate firing by a group of suspected NLFT insurgents.

4. RUSSIA WANTS TO BUILD NEXT GENERATION TANKS, SUBMARINES WITH INDIA : Su-57, the Russian 5th generation fighter aircraftAs the second regiment of the S-400 Triumf air defence system starts getting delivered, Russia said it expects the serial production of AK 203 rifles in Amethi to begin in late 2022-early 2023.

5. VIETNAM EYES PURCHASE OF INDO-ISRAELI BARAK-8 AIR-DEFENCE SYSTEM
A Vietnamese delegation is set to visit Israel next month to advance the $500 million purchase, following an estimated $1.5 billion worth of defence-equipment deals between the two countries.

6. Indian Naval Ship Tarkash which is deployed to Brazil participated in a Maritime Partnership Exercise with the Brazilian Navy which included operations such as cross-deck landing, replenishment at sea (RAS) approaches and other tactical manoeuvres.

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✈ INTERNATIONAL NEWS
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1. An Indian Parliamentary delegation led by Lok Sabha Speaker Om Birla will be attending the 65th Commonwealth Parliamentary Conference (CPA) at Halifax in Canada.

This conference is scheduled to be held from 20 Aug to 26th of this month. The Conference will also be attended by 23 Presiding Officers and 16 Secretaries from State Legislatures from India who are also members of CPA.

2. The 17th Pravasi Bhartiya Divas 2023 will be held at Indore in January next year.

External Affairs Ministry spokesperson Arindam Bagchi in a tweet said that Secretary, Consular, Passport and Visa Division, Ausaf Sayeed and Chief Secretary of Madhya Pradesh Iqbal Singh Bains signed a Memorandum of Understanding for hosting the Pravasi Bhartiya Divas.

3. Deputy National Security Advisor Vikram Misri participated in Shanghai Cooperation Organisation’s NSAs meeting in Tashkent, Uzbekistan.

4. External Affairs Minister Dr S Jaishankar will pay an official visit to Brazil, Paraguay and Argentina from 22nd to 27th of this month.

5. Pakistan PM Shehbaz Sharif on Thursday expressed that his country wishes to have ‘peaceful ties’ with India, which will include a ‘just and peaceful resolution of the Jammu and Kashmir dispute following the relevant UNSC resolutions.

6. Captain Zoya becomes 1st Indian female pilot to be added to US Aviation Museum.

She was the first Indian woman pilot to fly an aircraft above the North pole covering a record-breaking distance of around 16,000 km.

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🌎 WORLD NEWS 🌍
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1. Powerful storms have battered areas of central and southern Europe, killing at least 12 people. The deaths, most from falling trees, were reported in Italy and Austria, and on the French island of Corsica.

2. Indonesian president Joko Widodo has said China’s Xi Jinping and Russia’s Vladimir Putin both plan to attend the Group of 20 summit in Bali in November.

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🚣🚴🏇🏊 SPORTS
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1. The Sports Ministry has requested International Football Federation (FIFA) and Asian Football Confederation (AFC) to allow Indian club sides, Sree Gokulam Kerala FC and ATK Mohun Bagan to compete in the scheduled football tournaments.

Sree Gokulam Kerala FC had already reached Uzbekistan, ahead of its scheduled matches in the southern Uzbekistan city of Qarshi. ATK Mohun Bagan is slated to play the AFC Cup 2022 (Inter-Zone semifinals) on 7th of next month in Bahrain.

2. THE DURAND CUP football, FC Goa defeated Indian Air Force by 1-0 in the Durand Cup at Kishore Bharati Stadium, Kolkata. The match between Sudeva Delhi and Kerala Blasters ended in a draw 1-1, at Indira Gandhi Athletic Stadium, Guwahati.

3. CRICKET: India to take on Zimbabwe in 2nd ODI of 3-match series at Harare today.

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