Severe flooding has tested the hydropower ambitions of Nepal recently. The disaster struck various regions across the country, causing significant disruption. Reports indicate damage affecting multiple infrastructure projects as of late May 2024. This natural event puts pressure on the nation's energy goals and development plans. Authorities are now assessing the full impact and planning immediate recovery efforts. 😟
india A 10-year-old girl died after her school van had a head-on collision with a pickup van in Deoghar district, Jharkhand. The incident occurred near Narangi More on the Sarath-Chitra Main Road on Tuesday morning. Munni Kumari was killed, and four other children were injured in the crash. The injured are stable and receiving treatment at Deoghar's Sadar Hospital. Police have launched a manhunt for the fleeing pickup van driver while an investigation is ongoing. 😔
india Home Minister Priyank Kharge called for the Union government to relax the current drought declaration norms. He made this plea while addressing press persons in Kalaburagi city on Tuesday. The existing 2020 NDRF guidelines hinder swift action, especially with rainfall deficits up to 74% recorded in Jewargi during August. Kharge stressed that states need more autonomy based on ground realities to help farmers. The district administration has also asked for ₹18 crore in crop insurance compensation for 37,051 farmers. 🌾
india The Ashtami Rohini Vallasadya is scheduled to take place at the Aranmula Parthasarathy Temple on September 4. Thousands of devotees and representatives from 52 karas will gather at the temple premises for the feast. Preparations are underway to serve the vallasadya to over one lakh people, with cooking fire lit at 6.45 a.m. More than 600 people are involved in organizing this massive community event. This offering-based tradition runs until September 16, marking a record 565 vallasadyas this season. 🍲
world US Ambassador to India, Sergio Gor, showed up in Bishkek while the SCO Summit was happening there. He was there with Senator Steve Daines to support Team USA at the World Nomad Games. The Games started on August 31, featuring athletes from 104 countries. Gor met presidents from Kyrgyzstan, Uzbekistan, Kazakhstan, and Tajikistan for diplomacy. This visit suggests a bigger agenda beyond just cheering on American athletes. 🧐
business Unacademy has been acquired by its rival, upGrad, in an all-stock deal valuing the startup at over $200 million. This transaction took place with Unacademy shareholders receiving upGrad shares, while angel investors were cashed out. The deal closed in Monday, nearly six months after its announcement in March, despite Unacademy's financial position. The sale comes after Unacademy struggled following the pandemic's surge in edtech demand. Munjal will remain CEO, focusing on online operations and Airlearn under the new structure. 🤝
Madhur Bhandarkar recently reviewed the film Hanuman Ansh, calling it a cinematic marvel. The director gave his assessment while watching the movie in Mumbai. He described the film as a 'case study' for the entire Bollywood industry. Bhandarkar acknowledged the high production value and narrative depth of the project. His comments suggest a potential shift in how major films are approached in the industry. 🎬
world The Supreme Court ruled that criminal proceedings can be dropped based on a post-conviction compromise in non-heinous offences. This decision was made by a bench of Justice Prashant Kumar Mishra and Justice Shree Chandrashekhar, upholding the Punjab and Haryana High Court's order. The ruling references previous judgments from 2012 and 2021, empowering High Courts to quash cases where parties settle. However, the Court cautioned that this power should be used carefully, considering the offense's nature and injury. Consequently, the state's appeal regarding the incident between individuals was dismissed. ⚖️
business Actor Shah Rukh Khan has been appointed as the brand ambassador for Vodafone Idea. This announcement coincided with the company rebranding its logo from "V!" to "Vi" and launching a new campaign. The telco is currently trying to secure funds for its ₹45,000 crore capex plan over the next three years. This move comes as Vi is gaining customer traction while aiming for double-digit revenue growth. The company plans to roll out strategic launches as part of its Vi 2.0 strategy.
entertainment CD Projekt Red stated they cannot pursue a cost-driven development model for a title like The Witcher 4. The studio is currently managing three major projects: The Witcher 4, a Cyberpunk sequel, and Project Hadar. These projects are slated for releases around 2028, building on past successes like The Witcher 3's 65 million sales. Instead of speeding up to cut costs, the focus remains heavily on maintaining top-tier quality above all else. To manage this scale, they are switching from REDengine to Unreal Engine to simplify multi-project work.
business Textile mills in Tamil Nadu are starting to make significant capital investments following a major industry crisis. KPR Mills, located in Coimbatore district, announced a ₹260 crore investment to modernize two spinning mills by the end of Q3/Q4 this financial year. The revival is driven by increased demand for cotton and blended yarns, with China being a primary yarn buyer. Mill owners are leveraging current market upturns to improve productivity and automation. However, they remain worried about the rising daily prices of cotton eroding profitability. 📈
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