TODAYS TOP NEWS
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1. The Union Cabinet, chaired by Prime Minister Narendra Modi, on Thursday approved the constitution of the 8th Pay Commission to revise salaries of nearly 50 lakh Central government employees and allowances of 65 lakh pensioners.
2. The Union Cabinet, at a meeting chaired by Prime Minister Narendra Modi, approved the construction of the third launch pad (TLP) at the Satish Dhawan Space Centre (SDSC) in Sriharikota, Andhra Pradesh. The project, estimated to cost Rs.3,984.86 crore, is expected to be completed within 48 months.
3. In a major milestone for India’s private space sector, start-ups Pixxel and Digantara successfully launched their satellites on a SpaceX rocket. Pixxel’s satellites will enhance Earth observation, while Digantara’s SCOT satellite will enable real-time tracking of space objects.
4. The Odisha government has introduced a welfare initiative for individuals imprisoned during the 1975-1977 Emergency period. Starting January 2025, all surviving detainees from Odisha will receive a ₹20,000 monthly pension, along with medical benefits and additional support.
5. Two mega hydroelectric power projects would be set up in Arunachal Pradesh with a cumulative investment of around Rs 35,000 crore, Tato-II Hydroelectric Project (700 MW) and the Kamala Hydroelectric Project (1,720 MW). The Tato-II HEP is located on the Siyom River in the Shi Yomi district and the Kamala HEP is located on the Kamala River in the Kamle district.
6. In West Bengal, CM Mamata Banerjee administration will hold the ninth edition of Duare Sarkar between January 24 and February 1 where 37 services from various government departments will be made available in a bid to ensure that no eligible person is left out of the benefits extended by the state.
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LEGAL REPORT
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1. The Enforcement Directorate (ED) on Thursday conducted simultaneous raids at three different places in Kolkata and Howrah in connection with a Rs 6,000-crore bank fraud case.
2. The Enforcement Directorate (ED) Thursday said it has attached assets worth more than Rs 440 crore in Delhi, Haryana and Punjab as part of an alleged bank loan fraud linked money laundering case against former promoters of dairy major Kwality Ltd.
3. Retired Judge of the Kerala High Court, Justice Sasidharan Nambiar has lost 90 lakhs of his savings in an cyber cheating case. An FIR has been registered at the Hill Palace Police Station at Ernakulam on the complaint of the former Judge.
4. Recently, the Supreme Court has clarified that proceedings for the restitution of conjugal rights and maintenance are independent. This decision emphasises that a husband must continue paying maintenance to his wife, even if she does not comply with a court order for restitution.
5. Former minister and BRS working president K.T. Rama Rao appeared before the Enforcement Directorate (ED) on Thursday in connection with the Formula E Race case.
6. The University Grants Commission has debarred three universities in Rajasthan from enrolling scholars under the PhD program for the next five years, starting from the academic year 2025-26. These universities are OPJS University, Sunrise University, and Singhania University.
7. Ghaziabad Development Authority (GDA) has simplified the process of mutation of property based on registered wills and has done away with the condition that a mandatory affidavit or no objection certificate (NOC) from heirs be produced for the mutation process.
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FINANCE
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USD ₹ 87 (Approx)
💷 GBP ₹106(Approx)
€ Euro : ₹ 88(Approx)
🇨🇳 Yuan ¥ : ₹ 12
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BSE SENSEX
77,042.82 +318.74 (0.42%)🌲
NIFTY
23,311.80 +98.60 (0.42%)🌲
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Rates in Financial Capital Mumbai
GOLD : ₹ 80,100/ 10gm (24 krt)
SILVER : ₹ 94,600/KG
1. India is on track to surpass Japan as the world’s fourth-largest economy by 2026, driven by projected GDP growth of 6.8% in FY24 and 7.7% in FY26.
2. The Reserve Bank of India (RBI) has announced new rules to encourage the use of rupee in international trade and investment. These changes allow foreigners to open rupee accounts overseas, making it easier to use the local currency for cross-border transactions.
3. The OYO Hotels chain, backed by Softbank Group Corp, announced last week that it would no longer allow unmarried couples to check into its hotels in Meerut and might extend that policy to other towns.
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ENTERTAINMENT NEWS
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1. Actress turned politician Kangana Ranaut’s directorial Emergency is releasing in cinemas on January 17, but has now been banned in Bangladesh.
2. Actor Saif Ali Khan was injured in a burglary attempt at his and Kareena Kapoor’s Bandra home in the early hours of Thursday. He was brought to Lilavati Hospital Mumbai, yesterday. Actor is now Out Of Danger After Surgery.
3. Bollywood star Varun Dhawan has started shooting for “Border 2”, the upcoming sequel to JP Dutta’s 1997 war epic “Border.
4. Speculations surrounding the possible cancellation or postponement of the 97th Academy Awards due to the devastating Los Angeles wildfires have been firmly put to rest. The Oscars 2025 will take place as planned on March 2, at the Dolby Theatre in Ovation Hollywood.
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DEFENCE News
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1. The Coast Guard on Wednesday rescued 54 passengers, apart from three crew members, on a stranded boat in the Indian Ocean near Lakshadweep’s Kavaratti.
2. The indigenously made Advanced Light Helicopter (ALH) and Light Combat Aircraft (LCA) Tejas will not be part of the Republic Day flypast this year. This was done after an Indian Coast Guard ALH crashed at Porbandar in Gujarat on January 5. The entire fleet was grounded as a precaution under the SOP, with every machine being checked.
3. Defence Minister Rajnath Singh held a telephonic conversation with the UK Secretary of State for Defence, John Healey. The two ministers discussed the ongoing defence cooperation issues and emphasised the need to maintain the momentum in bilateral relations.
4. At least 12 Maoists have been killed in an ongoing encounter with security forces in Chhattisgarh in the forests of South Bastar on the Telangana border in Bijapur district. A joint team of Central Reserve Police Force, Cobra Battalion, and District Reserve Guard was on a search operation in the jungles of South Bastar.
5. On 15 January 2025, the Indian and Argentine armies successfully summited Mt. Aconcagua, marking a significant milestone in their bilateral defense relations. This joint expedition was part of a larger initiative that began on January 3 and is set to conclude on 20 January 2025.
17 Jan (Friday)
Vedic Ritu/ Hemant
Drik Ritu : Shishir (Winter)
पक्ष :: Krishnapaksh
Vikram Samvat – 2081
Shaka Samvat – 1946
Month : Magha 04, (Purnimanta)
Pausa 18 (Amanta)
Nakshatra: Magha (up to 12:44 pm)Purva Phalguni
Tithi : Chaturthi
Panchami
Rahu : 11:16 AM – 12:37 PM
Yamaganda: 03:18 PM – 04:39 PM
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