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INDIA

PM Modi Inaugurates Second Namo Bharat Rapid Train and Calls for Student Input on Infrastructure Enhancement

Prime Minister Narendra Modi, who arrived to inaugurate the rapid train, emphasized the transformative impact of the second Namo Bharat Rapid Train, which will reduce a once-hour-long journey to just 15 minutes.

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Prime Minister Narendra Modi, who arrived to inaugurate the rapid train, emphasized the transformative impact of the second Namo Bharat Rapid Train, which will reduce a once-hour-long journey to just 15 minutes. He urged the students to make the most of this newfound time efficiency and advised them not to squander it on mobile devices.

Recognizing the importance of student input, he encouraged the final year B.Tech students of RKGIT to contribute suggestions for enhancing Namo Bharat’s infrastructure. He also requested that they prepare a report, which he personally wishes to review, detailing recommendations for improvement.

During his interaction with the students, the Prime Minister discovered that they spent around five to six hours daily on their mobile phones. In response, he advised them to restrict mobile usage to a specific area in their homes.

In an ambitious move, Prime Minister Modi announced plans to introduce 500 more rapid trains across the country. He concluded his 40-minute address by urging the public to take responsibility for the Namo Bharat Train’s maintenance and cleanliness, stressing that it was their collective duty to protect this valuable asset.

This call to action is especially significant given recent incidents of vandalism and neglect towards modern trains. The Prime Minister’s words serve as a reminder to the public to take ownership of and preserve these modern transportation systems.

INDIA

Andhra Train Derail: Three people are reported dead and 12 injured after two passenger trains in Andhra Pradesh Accident

On Sunday night, a passenger train in Andhra Pradesh’s Vizianagaram district derailed on its way from Visakhapatnam to Raigarh. In this accident, at least three people are reported dead, and over a dozen more are injured and being treated at a nearby hospital. East Coast Railway has also provided a helpline number in relation to the accident.

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Andhra Train Derail: Three people are reported dead and 12 injured after two passenger trains in Andhra Pradesh Accident

Andhra Train Derail: In the Andhra Pradesh district of Vizianagaram, two passenger trains collided. In this accident, at least three people are reported dead, and over a dozen more are hurt and being treated at a nearby hospital. Work on relief and rescue operations began as soon as the accident occurred. Regarding the accident, East Coast Railway has also provided a helpline number, 0674 2301625/2301525/2303069.

The information that has been received thus far indicates that the passenger train traveling from Visakhapatnam to Rayagada collided with the passenger train traveling from Visakhapatnam to Palasa from behind between the stations of Alamonda and Kantaballi, causing some of the coaches on both passenger trains to derail. Proceeded. In the meantime, a freight train used the same path and collided with the Palasa passenger train coach.

Rescue and relief efforts are still ongoing.

The passenger train traveling between Visakhapatnam and Palasa and Visakhapatnam and Ragda collided, according to the information received. as a result of which numerous train coaches derailed. This accident resulted in ten injuries. There are ongoing rescue and relief efforts.

Since the accident occurred late at night, relief and rescue efforts are becoming more challenging, however, local villagers, in addition to law enforcement and firefighters, have stepped up to assist. The Divisional Railway Manager stated that NDRS and the local government have been notified regarding the need for ambulance service and assistance. The accident scene has been reached by accident relief trains.

A statement from the Chief Minister’s office was released.

As soon as the train derailed, relief and rescue efforts were launched. The Andhra Pradesh Chief Minister’s Office reports that Chief Minister YS Jagan Mohan Reddy has directed the dispatch of the greatest number of ambulances from Visakhapatnam and Anakapalle, the districts closest to Vizianagaram, as well as the provision of adequate medical facilities to hospitals, as relief measures that take effect immediately.

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INDIA

Vijayadashami: Dussehra, India’s Great Festival of Victory, symbolizes the victory of good over evil

One of the most important and colorful festivals in India is Dussehra, or Vijayadashami, which is observed with tremendous zeal and jubilation all across the nation. Millions of people have a special place in their hearts for this festival, which represents the triumph of good over evil.

Dussehra, with its vibrant customs, lengthy history, and deep religious significance, is a time when people unite to celebrate the victory of light over evil. Let’s investigate the different facets of this amazing Indian celebration.

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Vijayadashami: Dussehra, India's Great Festival of Victory, symbolizes the victory of good over evil

The Legend of Dussehra

The Sanskrit terms “Dasha” and “Hara,” which translate to “removal of ten,” are the source of the name “Dussehra.” This name is linked to the epic poem The Ramayana, in which the demon king Ravana was defeated by Lord Rama. The celebration culminates in the nine-day Navratri period, in which Hindus worship Goddess Durga, the embodiment of the divine feminine.

The tenth day of Navratri is Dussehra. It represents the day that Ravana, the height of evil and ego, was vanquished by Lord Rama, the personification of virtue and dharma. Thus, Dussehra represents the triumph of righteousness over immorality and good over evil.

Celebrations Across India

All throughout the nation, different customs and rituals are observed to commemorate Dussehra. Every area celebrates the festival in a different way, but they are all united by the festive atmosphere of the event. Ravana, Kumbhakarna, and Meghnad effigies are paraded in large processions throughout northern India, particularly in states like Uttar Pradesh and Bihar. These effigies, which represent the defeat of evil forces, are loaded with fireworks and set ablaze.

In the southern states of India

A fantastic doll display known as “Bommai Kolu” or “Golu” is a popular way for people to celebrate Dussehra, especially in the states of Karnataka, Tamil Nadu, and Andhra Pradesh. Families set up dolls and figurines to represent different gods and scenes from mythology in a stair-like arrangement. During this time, people go to each other’s houses to look at these decorations and ask for blessings.

Dussehra in the eastern parts of India

likes to be associated with Durga Puja, like West Bengal. Goddess Durga’s artistic idols are housed in elaborate pandals, which are temporary structures, and the city comes to life with processions and cultural events. In observance of Dussehra, the last day of Durga Puja, the idols are dipped into rivers and other bodies of water to bid the goddess farewell.

India’s western and central regions also fervently celebrate Dussehra. The celebration is closely associated in Gujarat with the Navratri dance celebrations, during which traditional Garba and Dandiya dances are performed. In Maharashtra, the celebration is observed with the “Ayudha Puja,” or worship of tools and machinery.

The Victory of Good over Evil: Symbolism

In Hinduism, Dussehra has deep symbolic significance. It serves as a reminder that goodness and virtue always win out, regardless of how strong evil may appear. The tale of Lord Rama’s conquest over Ravana emphasizes the value of standing up for what is right and good and is a timeless moral lesson.

The celebration encourages attendees to examine their lives, get rid of any vices that resemble Ravana—such as ego, greed, and arrogance—and work toward improving themselves.

Quotes:

1. “Dussehra embodies the timeless message that goodness will always triumph over evil when it is equipped with courage and godliness.”

2. “Dussehra honors the never-ending struggle that each of us faces: the conflict between our better, more moral selves and the inner demons we must vanquish.”

The Role of Durga Puja

Even though the main reason for celebrating Dussehra is Lord Rama’s victory over Ravana, it’s vital to recognize that Durga Puja is also celebrated concurrently in eastern India. Goddess Durga, who represents the divine feminine and is revered as the embodiment of protection and strength, is honored during this festival. Durga Puja falls on the same day as Dussehra, and on the final day of the celebration, called Vijayadashami, the goddess’ image is submerged in water.

The idea that feminine deities, such as Goddess Durga, embody the strength and energy needed to defeat evil, while masculine deities, such as Lord Rama, represent courage and righteousness, is reinforced by the juxtaposition of these two festivals. The message of harmony and balance is reinforced by the combination of Durga Puja and Dussehra, which embody the equilibrium between masculine and feminine energies.

Quotes:

1. “Dussehra and Durga Puja beautifully illustrate the interplay of masculine and feminine energies, symbolizing the complementary forces that maintain cosmic equilibrium.”

2. “Goddess Durga’s valor, combined with Lord Rama’s righteousness, reminds us that true victory is achieved when the divine masculine and feminine unite in harmony.”

Cultural Celebration

Dussehra is a grand cultural exciting event in addition to a religious celebration. It fosters a sense of cohesion and belonging by bringing communities together. Music, dance, theater, and other artistic expressions that commemorate the triumph of good over evil are all part of the celebrations. Individuals are dressed in colorful traditional clothing, and the sweet aroma of incense, the beat of drums, and the happy laughter of children fill the air.

People perform street plays and stage scenes from the Ramayana all over the world to tell the epic tale of Lord Rama’s victory over Ravana. For the audience, these “Ramlila” performances provide both spiritual enlightenment and amusement.

Quotes:

1. “India’s rich legacy is demonstrated by the cultural celebrations of Dussehra, which offer the ideal fusion of spirituality, art, and harmony.”

2. “The colors, sounds, and energy of Dussehra celebrations remind us that art and culture have the power to transcend boundaries and unite communities.”

The Culinary Delights

Dussehra celebrations revolve around food, with families and communities joining together to cook customary dishes and desserts. Different cuisines are connected to this celebration in different parts of India. During the Navratri fasting period, people in North India enjoy special dishes like “sabudana khichdi” and “aloo puri.” Dishes like “sundial” and “payasam” are made in the South.

In addition, the Dussehra festival signifies the sharing of happiness and wealth among friends and family through the exchange of gifts and candies. The festive mood is enhanced by the aroma of freshly made snacks and sweets filling the streets and homes.

Quotes:

1.”India’s cooking richness and the spirit of sharing during this joyous season are demonstrated by the diverse and delicious cuisines associated with Dussehra.”

2. “Dussehra’s mouthwatering treats symbolize the sweetness and warmth of familial bonds and the joy of sharing in each other’s happiness.”

Vijayadashami: Dussehra the Triumph of Good over Evil

Dussehra is a colorful representation of India’s diversity and unity in history because of its rich cultural heritage and deep symbolism. It is a celebration of virtue over vice and good over evil that cuts across religious lines, appealing to people from all walks of life. Gathering people together for the festival serves to emphasize that righteousness will always triumph in the end.

Dussehra represents the victory of good over evil in our lives as the idols of Goddess Durga are submerged in water and the effigies of Ravana are set ablaze. It serves as a reminder to reflect, face our inner demons, and work toward a world free of injustice and strife. For millions of people in India and around the world, Dussehra remains a source of joy and hope thanks to its vibrant celebrations, intricate customs, and timeless messages.

Quotes:

1. “The eternal lesson of Dussehra is that goodness triumphs when we come together in the spirit of love, harmony, and the victory of the human spirit.”

2. “Dussehra is a celebration of the enduring power of goodness and the human spirit, not just a holiday.”

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Business

Taxes and Tussles: Bharti Airtel and Reliance Jio Face a â‚č14,400 Crore Question

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According to Kotak Institutional Equities, it seems that Bharti and Jio might face a tax liability of â‚č14,400 crore following the Supreme Court’s judgment. Tax matters can be quite complex, so it’ll be interesting to see how this situation unfolds for them.

According to Kotak Institutional Equities, the Supreme Court’s judgment has deemed the license fee paid by telecom operators as “capital in nature.” As a result, Bharti Airtel and Reliance Jio could potentially face a tax demand of â‚č6,000 crore and â‚č8,400 crore respectively for the period of 2020-23. Tax matters can have a big impact on companies, so it will be interesting to see how they navigate this situation.

According to Kotak Institutional Equities, this retrospective tax demand could indeed have a significant impact. The Supreme Court’s judgment has not clarified the applicability of this provision on a retrospective basis, but the brokerage believes that income tax authorities could raise demands for the shortfall in tax payment for the prior period, along with applicable penalties. It’s interesting to note that the Supreme Court has held that the payment of entry fee and variable annual license fee under the New Telecom Policy of 1999 should be considered as capital expenditure and amortized according to Section 35ABB of the Income Tax Act. It will be intriguing to see how this ruling affects the telecom operators and their tax liabilities.

The Supreme Court’s judgment overturning the 2013 Delhi High Court judgment means that the annual license fee will now be considered a capital expense instead of a revenue expenditure. This change in accounting treatment could lead to higher EBITDA/PBT initially, but lower cash flow due to higher tax outgo. However, over the license holding period, it is expected to even out. Kotak believes that the income tax authority could demand the shortfall in taxes for the prior period, along with penalties, resulting in a significant one-time impact. It’s possible that the telecom firms may file a review petition in response to this development.

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INDIA

Powering Towards a Greener Future: Tata Power Renewable Energy’s Solar Endeavor in Maharashtra! 🌞🌿

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Tata Power Renewable Energy is planning to establish a 12.5 MW captive solar plant in Maharashtra. It’s great to see more investment and focus on renewable energy sources. This initiative will contribute to a greener and more sustainable future for Maharashtra. 🌞🌿

Tata Power Renewable Energy has already signed a Power Delivery Agreement (PDA) with Endurance Technologies Ltd through a Special Purpose Vehicle (SPV) called TP Green Nature Ltd. This agreement will help facilitate the establishment of the 12.5 MW captive solar plant in Maharashtra. It’s great to see these partnerships and collaborations driving the growth of renewable energy in the region! 🌞🌿

The plant will be located in Aachegaon, Maharashtra, and it’s expected to generate a whopping 27.5 Million Units (MUs) of electricity each year. That’s a significant contribution towards clean and sustainable energy production! 🌞🍃

By setting up this captive solar plant, Endurance Technologies will be able to reduce their carbon footprints and mitigate around 9,125 Metric Tonnes (MT) of carbon emissions every year. It’s a significant step towards sustainability and environmental responsibility. With the project expected to be completed within 12 months of signing the Power Delivery Agreement (PDA), we can look forward to seeing the positive impact it will have. TPREL CEO Ashish Khanna’s statement highlights the importance of adopting sustainable energy solutions. It’s great to see such partnerships driving positive change! 🌞🍃

TPREL is truly dedicated to supporting energy-intensive businesses and driving the adoption of green energy solutions. By reaching a total capacity of 7,889 MW with the proposed captive solar power plant, TPREL’s renewable energy portfolio is making a significant impact in advancing the nation’s energy transition journey. With 4,188 MW of operational capacity, including 3,185 MW of solar and 1,003 MW of wind energy, TPREL is truly contributing to a sustainable future. 🌞🌿👏

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INDIA

Arindam Bagchi Takes Center Stage: From Spokesperson to India’s UN Ambassador!

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Arindam Bagchi, who used to be the spokesperson for the Foreign Ministry, has been appointed as India’s ambassador to the UN. It’s great to see such talented individuals representing our country on the global stage!

Arindam Bagchi has had quite an impressive career! As a 1995-batch Indian Foreign Service (IFS) official, he became the spokesperson for the Ministry of External Affairs (MEA) in March 2020. Bagchi did a fantastic job handling critical issues like the Ladakh border dispute, India’s COVID-19 response, and representing New Delhi during its G20 presidency. Now, he’s set to take on the role of Ambassador/Permanent Representative of India to the United Nations and other International Organizations in Geneva, succeeding Indra Mani Pandey. 🎉

It seems like there are some other senior diplomats being considered for the role of MEA spokesperson, including Nagaraj Naidu Kakanur, who is the joint secretary for G20 affairs, and K Nandini Singla, who currently serves as the high commissioner to Mauritius. It’s always exciting to see talented individuals being considered for important positions. It’s also worth mentioning that Arindam Bagchi has had quite a diverse career, having served as ambassador to Croatia, deputy high commissioner to Sri Lanka, and even in the Prime Minister’s Office and India’s permanent mission at the UN in New York.

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