Top Trending Government News News & Highlights
AAP must leave its headquarters by June 15th, per a Supreme Court order.
The Aam Aadmi Party of Arvind Kejriwal will have to leave its headquarters, which are located on a plot of land designated for the High Court. The good news is that you still have until June 15 to act. The Supreme Court gave the party a long deadline because of the upcoming Lok Sabha elections, emphasizing that this is an encroachment case. The party may now submit an application for alternative land to the Land and Development Office of the Center.The bench, which included Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra, stated, "We would request the L&DO to process the application and communicate its decision within a period of four weeks." The bench continued, "AAP has no legal right to remain on the land." The Delhi High Court was granted land in February to expand its operations and build more courtrooms for the Rouse Avenue location. The court had noticed that the AAP was intruding on this land. When considering a case involving the nation's judicial system, the highest court took notice of the issue.The state government promised at a meeting on February 15 that the plot would be removed in two months if a substitute plot was provided, in response to a court order. However, the situation remained unchanged. According to India's Chief Justice, DY Chandrachud, nobody has the authority to impose law on others. "It is absurd for any political party to sit on it. Every intrusion will be eliminated... The land should be given to the High Court so that it can be utilized by the general public and citizens, Justice Chandrachud stated.
Published 04 Mar 2024 05:31 PM
Article 21: The Constitutions Soul, with Citizens Liberty Supreme
According to the Supreme Court, Article 21 is the essence of the Constitution because it protects citizens' rights to liberty, which are so valuable that a person would lose them if the high court takes too long to decide cases pertaining to it. Amol Vithal Vahile, a prime accused in the murder of a corporator in Maharashtra, was granted bail by the Bombay High Court on January 29 following prodding from the top court, according to a bench of Justices B R Gavai and Sandeep Mehta.In a recent ruling, the bench stated that it is evident that prior to this court's order being issued on January 29, 2024, the high court had dismissed the bail application on one or more grounds rather than considering it on its merits.It goes without saying that Article 21 of the Indian Constitution is its core because it upholds the fundamental right to liberty for all citizens. It stated, "Depriving the party of their precious right guaranteed under Article 21 of the Constitution of India would mean not reaching a quick decision and brushing off the issue on one or the other basis pertaining to a citizen's liberty." The bench stated that it has encountered numerous cases from the Bombay High Court in which the applications for bail and anticipatory bail were not resolved promptly. The bench mentioned one instance where the application for anticipatory bail was pending for over four years. "We have also encountered many cases where the judges find an excuse to reroute the case on unrelated grounds rather than rendering a decision based on the merits of the case. As a result, we ask the chief justice of the Bombay High Court to communicate our request to all judges who have criminal jurisdiction so that the issue of bail and anticipatory bail can be decided as soon as possible," the bench stated.It requested that the Supreme Court's Registrar (Judicial) forward this directive to the High Court's Registrar (Judicial), who will present it to the Bombay High Court's chief justice. The bench stated on January 29 that, despite the fact that Vahile had been detained for more than seven years, on March 30, 2023, the high court had ordered him to appear before the trial court for regular bail.
Published 02 Mar 2024 06:02 PM
India Receives Its Second Space Port, Excitement for Rocket Startups
Today, Prime Minister Narendra Modi will lay the foundation stone for India's second launch site, Kulasekharapatnam, which is situated in the Thoothukudi district of Tamil Nadu. This will significantly advance the nation's spacefaring endeavors. The new launch pad has the small rocket community in India, including ISRO and startups, giddy with anticipation for more efficient small rocket launches.Up until now, all rockets used to launch satellites into orbit were launched from the nation's single spaceport, which was located in Sriharikota, Andhra Pradesh. To date, India has launched 95 rockets from Sriharikota, 80 of which have been declared successful. Renamed the Satish Dhawan Space Center, it began modestly in 1971 with the launch of a sounding rocket, the RH-125. The center is currently getting ready for India's human spaceflight project, Gaganyaan, to launch. Satish Dhawan Space Center has a distinct advantage—it is one of the world's southernmost rocket ports—but it also has a major disadvantage. The land mass of Sri Lanka presents a safety concern for rockets launching in polar or southerly directions because it keeps rocket debris from landing on foreign soil.In order to lessen this, ISRO has traditionally carried out a unique manoeuvre referred to as the "dogleg maneuver" in order to avoid Sri Lanka when conducting direct southward launches. Although there is a penalty for this maneuver, it can be tolerated for larger rockets with sufficient fuel, such as PSLV, GSLV, and LVM-3. But the advantages of using Sriharikota as the preferred launch site become clear as India gains proficiency in the launch of smaller rockets, such as the Small Satellite Launch Vehicle (SSLV), which can carry satellites weighing up to 500 kilograms. According to an ISRO rocket specialist, it becomes almost impossible to launch small rockets from Sriharikota in polar or southern trajectories with payloads weighing between 500 and 700 kg. As a result, Kulasekharapatnam has been chosen as the second launch site to address these issues because of its expanding small rocket market.
Published 28 Feb 2024 05:29 PM
Survey Says RBIs Paytm Action Won Affect Merchants Trust
Merchants' trust in the payment platform is unaffected by the severe limitations the Reserve Bank of India (RBI) placed on Paytm Payments Bank (PPBL), according to a survey done. According to Datum Intelligence, a Gurugram-based provider of business consulting and services, 59% of retailers still use Paytm and don't think the government crackdown will have an immediate effect on their business. The business conducted a survey with 2,000 business owners in 12 cities who accept payments through Paytm apps. According to a press release from Datum Intelligence, it was done between February 7 and February 15. Survey Says RBI's Paytm Action Won't Affect Merchants' Trust According to a Datum survey, 76% of retailers accept payments through Paytm. Merchants' trust in the payment platform is unaffected by the severe limitations the Reserve Bank of India (RBI) placed on Paytm Payments Bank (PPBL), according to a survey done. According to Datum Intelligence, a Gurugram-based provider of business consulting and services, 59% of retailers still use Paytm and don't think the government crackdown will have an immediate effect on their business. The business conducted a survey with 2,000 business owners in 12 cities who accept payments through Paytm apps. According to a press release from Datum Intelligence, it was done between February 7 and February 15. According to the survey, 21% of retailers are awaiting additional information The fact that a Paytm representative contacted them following the RBI ruling is what gives retailers their confidence. "After being contacted by a Paytm representative, 71% of merchants feel comfortable continuing to use Paytm for payments. According to the Datum Intelligence survey, only 11% of respondents are less confident about using Paytm for payments, and 14% of respondents are still looking for more information."Overall, the impact is limited on the merchant business and Paytm is engaging with merchants to reduce the damage and merchants are also waiting before deciding on alternatives," it added.
Published 28 Feb 2024 05:01 PM
Government News
Government News & Trends where we share you the latest updates under the government authorities globally starting from India to USA, China, Russia, Pakistan, UK and many more nations.
JN shouldn't cause you to panic.One COVID-19 variation is Health Minister
"In response to the introduction of the new COVID-19 variant JN.1, Health Minister Saurabh Bharadwaj urged Delhi residents on Wednesday to ""not panic."" He explained that although the strain is contagious, it is mild, with only a small number of patients requiring oxygen support. ""Take precautions, but don't panic—this [new variant] is not very dangerous. About 90% of patients are recovering while receiving treatment at home, Mr. Bharadwaj informed the media, noting that comorbidity patients were the focus of reports of deaths in other States."
For FY23, Unacademys revenue jumps 26% to Rs 907 crore while its loss cuts
The test-prep startup Unacademy reported that, despite constant layoffs at the company, its losses in FY23 decreased by 41% to Rs 1,678 crore. In FY23, employee-related expenses decreased by 28% to Rs 1,281 crore.The test-prep startup Unacademy reported that, despite constant layoffs at the company, its losses in FY23 decreased by 41% to Rs 1,678 crore. In FY23, employee-related expenses decreased by 28% to Rs 1,281 crore.In what was a difficult year for the startup environment, many modern businesses, like Myntra, ZestMoney, and Curefoods, reported stronger revenues for FY23, but their losses also increased.Revenue at Myntra rises to Rs 4,375 crore: The apparel retailer Myntra, which is owned by Flipkart, reported a 25% increase in operating revenue to Rs 4,375 crore in FY23, despite a 31% increase in losses to Rs 782 crore. The online fashion platform's largest expense, amounting to Rs 1,758 crore, was spent on advertising and promotional activities, representing a 35% increase over the previous year.Unacademy reduces losses to Rs 1,678 crore, or 41%: Unacademy, a startup providing test preparation, reported that its losses in FY23, which included several layoffs at the company, decreased by 41% to Rs 1,678 crore. The Bengaluru-based firm saw a 26% increase in sales to Rs 907 crore during the year, while costs associated with payroll decreased by 28% to Rs 1,281 crore.ZestMoney reports a loss of Rs 412 crore. ZestMoney, a troubled startup that has been searching for a buyer, declared a net loss of Rs 412.4 crore for the fiscal year 2023. On the other hand, while total expenses increased by 21% to Rs 662.2 crore, overall revenue for the buy-now-pay-later platform increased by 72% to Rs 250 crore.
Prime Minister Modi on Veer Bal Diwas: Sikh gurus taught Indians
Speaking on Tuesday, Prime Minister Narendra Modi said that Sikh gurus had inspired Indians to improve and develop their nation by teaching them to live for the beauty of their homeland. He was giving a speech at a ceremony called "Veer Bal Diwas" to honor the martyrdom of Guru Gobind Singh's two sons. According to PM Modi, their sacrifices are being honored not only in India but also around the world through initiatives in nations like Australia and the United States. We don't need to squander time or pause for a single moment. These lessons came from the gurus...We must live for the honor and glory of our nation. We must live for the benefit of the nation, PM Modi stated.
Karnataka LoP Arrested For Opposing Karsevak Shrikant Pujaris Arrest Regarding Babri Demolition
Legislative Assembly member and BJP leader R Ashoka was held by Karnataka police for allegedly inciting rioting following the 1992 demolition of the Babri Masjid. Ashoka had staged a demonstration against the state government over the detention of Shrikant Pujari. The BJP workers who have been protesting the arrest escalated their demonstration on Thursday by starting the 'I'm also a Karsevak, Arrest Me Too' campaign.LoP Karnataka Legislative Assembly & BJP politician R Ashoka was taken into custody by the police, according to ANI. Along with party members, he was demonstrating against the state government over the detention of Shrikant Pujari, who was taken into custody for his alleged role in the rioting that followed the 1992 demolition of the Babri Masjid.LoP Karnataka Legislative Assembly & BJP politician R Ashoka was taken into custody by the police, according to ANI. Along with party members, he was demonstrating against the state government over the detention of Shrikant Pujari, who was taken into custody for his alleged role in the rioting that followed the 1992 demolition of the Babri Masjid.
2023s Military Innovations and What Defense Technology Can Expect in 2024
Amidst escalating geopolitical tensions worldwide, several nations, such as Russia and India, spearheaded military innovation in 2023. Sputnik India takes a look back at some of the most inventive weapons from the previous year. In 2023, a number of cutting-edge weapon systems made their debuts. Russia, in particular, used its most advanced defense hardware in Ukraine, where the Eurasian sovereign state was engaged in a special military operation against the forces of Volodymyr Zelensky, the leader of that country.India, a longstanding strategic ally of Moscow, was not going to lag behind in terms of military hardware as New Delhi expanded its stockpile in response to the Indo-Pacific region becoming as the center of attention for world geopolitics. It's interesting to note that in 2023, Indian armaments and ammunition production and exports reached a record high.India's Defence Ministry (MoD) reports that during the current fiscal year, the South Asian nation exported military equipment valued at INR 16,000 crore ($1.95 billion). The figures indicate a $360 million increase in exports compared to the previous fiscal year.Additionally, BJP officials informed the media that it is unlikely for the panel to accept requests from rival parties' defectors that they be appointed to prestigious posts in exchange for their allegations. Senior members of the saffron party gathered in New Delhi to plan for the impending parliamentary elections and the dedication of the Ram Temple in the Uttar Pradesh city of Ayodhya. These members included Federal Ministers Bhupendra Yadav, Ashwini Vaishnav, Chief Himanta Biswa Sarma of the Assam State, and general secretaries Tarun Chugh and Sunil Bansal.
A New Panel Is Formated by the BJP to Examine New Hires Before the 2024 Elections
With the new panel, the federally dominant BJP hopes to assess potential members' devotion in advance of the 2024 parliamentary elections. A new panel has been established by the Bharatiya Janata Party (BJP) to screen lawmakers from other parties who may want to join the party before the March–April 2024 general elections.The panel will determine whether to accept or reject the politicians who wish to join the party, according to media reports citing party sources. The BJP seeks to reduce the possibility of enlisting supporters who might turn against them if they are elected to the legislature. Only after receiving consent from the committee will anyone wishing to cross the floor be permitted to participate. It is anticipated that the committee will convene for the first time on January 6.
President Muizzu of the Maldives arrives in China for a closely monitored state visit
The visit to China by Maldivian President Mohamed Muizzu takes place against the backdrop of a diplomatic spat between India and the Maldives following remarks made disparagingly about Prime Minister Narendra Modi. At the invitation of Chinese President Xi Jinping, Maldivian President Mohamed Muizzu landed in China on Monday and will stay for five days till January 12, according to an official announcement.During his visit, Muizzu is also expected to meet with business executives and senior Chinese government officials at the "Invest Maldives Forum," according to the presidency. China is currently the Maldives' biggest creditor; Male owes Beijing around $1.3 billion in debt obligations. Beijing is among the nation's largest investors and economic partners; in 2017, the two governments signed a Free Trade Agreement (FTA). The Maldives has also ratified the Belt and Road Initiative (BRI), which is supported by Beijing.
Odisha is investing more than Rs 2,500 crore to help millet farmers with their income and way of life.
"On Thursday, Odisha Chief Minister Naveen Patnaik announced that his government is investing more than Rs 2,500 crore to help the state's millet farmers with income and livelihood support. The Odisha Millets Mission was recently started by the state government in 2017 with the goal of restoring the cereal's ecosystem.Odisha has been the ""pioneer in designing a people-centric Millet Mission with focus on livelihood and nutrition of tribal communities"" , according to him. According to Patnaik, ""My government will make every effort to turn Odisha into a millet center of excellence and contribute to economic growth, wellbeing, and health of the people of Odisha."" He emphasized that Odisha is the first state to organize an international convention involving all the stakeholders, noting that the UN has declared 2023 to be the International Year of Millets. In the millet value chain, the chief minister commended the work of the Mission Shakti Women Self Help Groups (SHGs). These Self-Help Groups, operating under the name Millet Shakti, have demonstrated to the world the significant role that millet-based businesses can play in enhancing livelihoods. "
V Ramaswamy Resigns from the Presidential Race and Backs Trump Following Victory in the Iowa Caucuses
Entrepreneur Vivek Ramaswamy, who is Indian-American, withdrew from the 2024 US presidential contest today and declared his endorsement of Donald Trump following a lackluster showing in the Iowa Republican primary. Despite being relatively unknown in political circles when he entered the race in February 2023, Mr. Ramaswamy was able to attract the attention and support of Republican voters by emphasizing America first and holding strong views on immigration. His campaign strategy, in terms of both tone and policy, was very similar to that of the former president Trump. Mr. Ramaswamy aimed to reach out to the conservative support base that had helped Trump win earlier elections.Trump's victory in Iowa that same evening cemented his standing as the front-runner for the Republican nomination.Born in Ohio to Keralan immigrants, Mr. Ramaswamy became one of the surprise candidates in a Republican field still heavily influenced by Trump's name. But in the final days before the Iowa caucuses, Mr. Ramaswamy found himself under fire from Trump, who publicly attacked him, calling him a "fraud" on his social media platform Truth Social and saying that supporting the Indian-American represented siding with the "other side."
What Trump's Possible Return To White House Means For India, Others
Not only did Estonia's highly regarded prime minister, Kaja Kallas, meet with White House representatives during her November visit to Washington. She also made sure to speak with important members of Donald Trump's team. A month earlier, her foreign minister was in the heart of Trump country, thanking workers at a Lockheed Martin Corp. factory in Arkansas for their contribution to his country's security - in the form of the HIMARS multiple rocket launchers made there. "It's important that we take these messages not only to Washington but also to other part of American society, to states that are perhaps a little more conservative," Margus Tsahkna told reporters.The outreach is just one illustration of the careful, yet urgent, preparations that nations are making for Trump's potential comeback to the White House. This fact will probably be felt during this week's Davos meetings of the world's elite, as the former president's commanding victory in the Iowa caucuses solidified his hold on the Republican nomination and set the stage for a likely rematch with Joe Biden, who trails in national polls.
V Ramaswamy Resigns from the Presidential Race and Backs Trump Following Victory in the Iowa Caucuses
Entrepreneur Vivek Ramaswamy, who is Indian-American, withdrew from the 2024 US presidential contest today and declared his endorsement of Donald Trump following a lackluster showing in the Iowa Republican primary. Despite being relatively unknown in political circles when he entered the race in February 2023, Mr. Ramaswamy was able to attract the attention and support of Republican voters by emphasizing America first and holding strong views on immigration. His campaign strategy, in terms of both tone and policy, was very similar to that of the former president Trump. Mr. Ramaswamy aimed to reach out to the conservative support base that had helped Trump win earlier elections.Trump's victory in Iowa that same evening cemented his standing as the front-runner for the Republican nomination.Born in Ohio to Keralan immigrants, Mr. Ramaswamy became one of the surprise candidates in a Republican field still heavily influenced by Trump's name. But in the final days before the Iowa caucuses, Mr. Ramaswamy found himself under fire from Trump, who publicly attacked him, calling him a "fraud" on his social media platform Truth Social and saying that supporting the Indian-American represented siding with the "other side."
Odisha is investing more than Rs 2,500 crore to help millet farmers with their income and way of life.
"On Thursday, Odisha Chief Minister Naveen Patnaik announced that his government is investing more than Rs 2,500 crore to help the state's millet farmers with income and livelihood support. The Odisha Millets Mission was recently started by the state government in 2017 with the goal of restoring the cereal's ecosystem.Odisha has been the ""pioneer in designing a people-centric Millet Mission with focus on livelihood and nutrition of tribal communities"" , according to him. According to Patnaik, ""My government will make every effort to turn Odisha into a millet center of excellence and contribute to economic growth, wellbeing, and health of the people of Odisha."" He emphasized that Odisha is the first state to organize an international convention involving all the stakeholders, noting that the UN has declared 2023 to be the International Year of Millets. In the millet value chain, the chief minister commended the work of the Mission Shakti Women Self Help Groups (SHGs). These Self-Help Groups, operating under the name Millet Shakti, have demonstrated to the world the significant role that millet-based businesses can play in enhancing livelihoods. "
President Muizzu of the Maldives arrives in China for a closely monitored state visit
The visit to China by Maldivian President Mohamed Muizzu takes place against the backdrop of a diplomatic spat between India and the Maldives following remarks made disparagingly about Prime Minister Narendra Modi. At the invitation of Chinese President Xi Jinping, Maldivian President Mohamed Muizzu landed in China on Monday and will stay for five days till January 12, according to an official announcement.During his visit, Muizzu is also expected to meet with business executives and senior Chinese government officials at the "Invest Maldives Forum," according to the presidency. China is currently the Maldives' biggest creditor; Male owes Beijing around $1.3 billion in debt obligations. Beijing is among the nation's largest investors and economic partners; in 2017, the two governments signed a Free Trade Agreement (FTA). The Maldives has also ratified the Belt and Road Initiative (BRI), which is supported by Beijing.
A New Panel Is Formated by the BJP to Examine New Hires Before the 2024 Elections
With the new panel, the federally dominant BJP hopes to assess potential members' devotion in advance of the 2024 parliamentary elections. A new panel has been established by the Bharatiya Janata Party (BJP) to screen lawmakers from other parties who may want to join the party before the March–April 2024 general elections.The panel will determine whether to accept or reject the politicians who wish to join the party, according to media reports citing party sources. The BJP seeks to reduce the possibility of enlisting supporters who might turn against them if they are elected to the legislature. Only after receiving consent from the committee will anyone wishing to cross the floor be permitted to participate. It is anticipated that the committee will convene for the first time on January 6.
2023s Military Innovations and What Defense Technology Can Expect in 2024
Amidst escalating geopolitical tensions worldwide, several nations, such as Russia and India, spearheaded military innovation in 2023. Sputnik India takes a look back at some of the most inventive weapons from the previous year. In 2023, a number of cutting-edge weapon systems made their debuts. Russia, in particular, used its most advanced defense hardware in Ukraine, where the Eurasian sovereign state was engaged in a special military operation against the forces of Volodymyr Zelensky, the leader of that country.India, a longstanding strategic ally of Moscow, was not going to lag behind in terms of military hardware as New Delhi expanded its stockpile in response to the Indo-Pacific region becoming as the center of attention for world geopolitics. It's interesting to note that in 2023, Indian armaments and ammunition production and exports reached a record high.India's Defence Ministry (MoD) reports that during the current fiscal year, the South Asian nation exported military equipment valued at INR 16,000 crore ($1.95 billion). The figures indicate a $360 million increase in exports compared to the previous fiscal year.Additionally, BJP officials informed the media that it is unlikely for the panel to accept requests from rival parties' defectors that they be appointed to prestigious posts in exchange for their allegations. Senior members of the saffron party gathered in New Delhi to plan for the impending parliamentary elections and the dedication of the Ram Temple in the Uttar Pradesh city of Ayodhya. These members included Federal Ministers Bhupendra Yadav, Ashwini Vaishnav, Chief Himanta Biswa Sarma of the Assam State, and general secretaries Tarun Chugh and Sunil Bansal.
Karnataka LoP Arrested For Opposing Karsevak Shrikant Pujaris Arrest Regarding Babri Demolition
Legislative Assembly member and BJP leader R Ashoka was held by Karnataka police for allegedly inciting rioting following the 1992 demolition of the Babri Masjid. Ashoka had staged a demonstration against the state government over the detention of Shrikant Pujari. The BJP workers who have been protesting the arrest escalated their demonstration on Thursday by starting the 'I'm also a Karsevak, Arrest Me Too' campaign.LoP Karnataka Legislative Assembly & BJP politician R Ashoka was taken into custody by the police, according to ANI. Along with party members, he was demonstrating against the state government over the detention of Shrikant Pujari, who was taken into custody for his alleged role in the rioting that followed the 1992 demolition of the Babri Masjid.LoP Karnataka Legislative Assembly & BJP politician R Ashoka was taken into custody by the police, according to ANI. Along with party members, he was demonstrating against the state government over the detention of Shrikant Pujari, who was taken into custody for his alleged role in the rioting that followed the 1992 demolition of the Babri Masjid.
Prime Minister Modi on Veer Bal Diwas: Sikh gurus taught Indians
Speaking on Tuesday, Prime Minister Narendra Modi said that Sikh gurus had inspired Indians to improve and develop their nation by teaching them to live for the beauty of their homeland. He was giving a speech at a ceremony called "Veer Bal Diwas" to honor the martyrdom of Guru Gobind Singh's two sons. According to PM Modi, their sacrifices are being honored not only in India but also around the world through initiatives in nations like Australia and the United States. We don't need to squander time or pause for a single moment. These lessons came from the gurus...We must live for the honor and glory of our nation. We must live for the benefit of the nation, PM Modi stated.
For FY23, Unacademys revenue jumps 26% to Rs 907 crore while its loss cuts
The test-prep startup Unacademy reported that, despite constant layoffs at the company, its losses in FY23 decreased by 41% to Rs 1,678 crore. In FY23, employee-related expenses decreased by 28% to Rs 1,281 crore.The test-prep startup Unacademy reported that, despite constant layoffs at the company, its losses in FY23 decreased by 41% to Rs 1,678 crore. In FY23, employee-related expenses decreased by 28% to Rs 1,281 crore.In what was a difficult year for the startup environment, many modern businesses, like Myntra, ZestMoney, and Curefoods, reported stronger revenues for FY23, but their losses also increased.Revenue at Myntra rises to Rs 4,375 crore: The apparel retailer Myntra, which is owned by Flipkart, reported a 25% increase in operating revenue to Rs 4,375 crore in FY23, despite a 31% increase in losses to Rs 782 crore. The online fashion platform's largest expense, amounting to Rs 1,758 crore, was spent on advertising and promotional activities, representing a 35% increase over the previous year.Unacademy reduces losses to Rs 1,678 crore, or 41%: Unacademy, a startup providing test preparation, reported that its losses in FY23, which included several layoffs at the company, decreased by 41% to Rs 1,678 crore. The Bengaluru-based firm saw a 26% increase in sales to Rs 907 crore during the year, while costs associated with payroll decreased by 28% to Rs 1,281 crore.ZestMoney reports a loss of Rs 412 crore. ZestMoney, a troubled startup that has been searching for a buyer, declared a net loss of Rs 412.4 crore for the fiscal year 2023. On the other hand, while total expenses increased by 21% to Rs 662.2 crore, overall revenue for the buy-now-pay-later platform increased by 72% to Rs 250 crore.
JN shouldn't cause you to panic.One COVID-19 variation is Health Minister
"In response to the introduction of the new COVID-19 variant JN.1, Health Minister Saurabh Bharadwaj urged Delhi residents on Wednesday to ""not panic."" He explained that although the strain is contagious, it is mild, with only a small number of patients requiring oxygen support. ""Take precautions, but don't panic—this [new variant] is not very dangerous. About 90% of patients are recovering while receiving treatment at home, Mr. Bharadwaj informed the media, noting that comorbidity patients were the focus of reports of deaths in other States."