India’s GDP stood at 8.4% within the October-December quarter: Cupboard approval for PM Suryaghar free electrical energy scheme, authorities approval for 3 semiconductor-plants value ₹1.26 lakh crore.

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Yesterday’s large information was associated to GDP. Gross home product (GDP) progress has elevated to eight.4% within the October-December quarter of the monetary yr 2023-2024. On the similar time, Modi cupboard permitted PM Suryaghar free electrical energy scheme. Beneath this scheme, 1 crore homes will get 300-300 items of free electrical energy.

Earlier than tomorrow’s large information, at this time’s main occasions to regulate…

  • There could also be an increase within the inventory market at this time, Friday (March 1).
  • At the moment is the third and final day of the IPO of Bharat Highways InvIT.
  • There isn’t a change within the costs of petrol and diesel even at this time.

Now tomorrow’s large information…

1. India’s GDP grew at 8.4% within the October-December quarter: 7.6% within the earlier quarter; Higher efficiency of manufacturing-mining sector

Gross home product (GDP) progress has elevated to eight.4% within the October-December quarter of the monetary yr 2023-2024. GDP has elevated because of higher efficiency of producing and mining sectors. The Nationwide Statistical Workplace (NSO) has launched these figures at this time i.e. on Thursday.

GDP was 7.6% within the final quarter. The upper-than-expected progress was pushed by robust city consumption, manufacturing and better authorities spending. Whereas a yr in the past, i.e. within the third quarter of 2022-23, GDP had grown by solely 4.5%. GDP progress is best than RBI’s estimate. RBI had estimated GDP progress to be 6.5% within the third quarter.

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2. Cupboard approves PM Suryaghar free electrical energy scheme: 1 crore homes will get 300-300 items of free electrical energy, there may also be 15 thousand revenue yearly

Modi Cupboard permitted PM Suryaghar Free Electrical energy Scheme on 29 February. Beneath this scheme, 1 crore homes will get 300-300 items of free electrical energy. Union Ministers Anurag Thakur and Ashwini Vaishnav knowledgeable in regards to the selections of the Cupboard.

Describing the Suryaghar scheme, Anurag Thakur stated that underneath this, one crore households who set up roof high photo voltaic panels will get an annual revenue of Rs 15 thousand. Prime Minister Narendra Modi launched this scheme on 13 February 2024.

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3. Authorities approval for 3 semiconductor crops value ₹1.26 lakh crore: Out of the three crops, two might be in-built Gujarat and one in Assam, Tata Group will work on 2 items.

The Union Cupboard on Thursday permitted three proposals for the chip plant. These three crops have been permitted underneath ‘Improvement of Semiconductors and Show Manufacturing Ecosystems in India’. Of the three crops, two might be in-built Gujarat and one in Assam. The estimated price of those three chip crops is Rs 1.26 lakh crore.

Tata Group will construct two crops within the three way partnership – one every in Gujarat and Assam. CG Energy may also construct a plant in Gujarta in a three way partnership. Work on all three crops will begin inside 100 days.

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4. Former nation head of Intel India dies in an accident: Avtar Saini was using a bicycle within the morning, hit by a cab from behind

Avtar Saini, former nation head of Intel India, died in a street accident round 5:50 am on Wednesday. Police stated that 68-year-old Avtar was biking together with his mates on Palm Seashore Highway in Nerul space of ​​Navi Mumbai. Then a rushing cab hit him from behind. His bicycle acquired caught within the entrance wheel of the cab. The information of his loss of life got here within the media on Thursday.

Police stated that after the accident the driving force had tried to flee from the spot. Nevertheless, passersby on the accident website caught the cab driver and handed him over to the police. Saini had suffered critical accidents within the accident. After this his fellow cyclists took him to the hospital, the place docs declared him useless. Police have registered an FIR towards the cab driver. Accused has been arrested. At current, the police is investigating the matter.

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5. Sony withdrew ZEE-Sony merger utility from NCLT: The deal was canceled on January 22; The settlement was signed in December 2021

Sony on Thursday formally withdrew the merger utility of its Indian enterprise with Zee Leisure Enterprises Restricted (ZEEL) from the Nationwide Firm Regulation Tribunal (NCLT). Each the businesses had signed the settlement for this deal of $ 10 billion (present worth – roughly ₹ 82,922 crore) in December 2021. If this merger had occurred, Zee + Sony would have grow to be the nation’s largest leisure community with a viewership of greater than 24%.

On January 22 this yr, Sony had canceled the deal accusing ZEEL of alleged violation of the phrases. Sony had additionally demanded a termination charge of $90 million (about Rs 746 crore) from Zee.

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6. 30 lakh wonderful on Air India: 80 yr previous man was not given a wheel chair, he died whereas going to the terminal

An 80-year-old man died on the terminal of Chhatrapati Shivaji Maharaj Worldwide Airport in Mumbai. On Thursday, the Directorate Normal of Civil Aviation (DGCA) has imposed a wonderful of Rs 30 lakh on Air India on this case. Truly, the previous man had demanded a wheelchair, which Air India didn’t fulfill. The previous man suffered a coronary heart assault whereas strolling, because of which he died. Airways had given this info on 16 February.

DGCA had despatched a present trigger discover to Air India. In response to this the airline stated – The couple had come from America. Each husband and spouse had demanded a wheelchair. His spouse was in a wheelchair. He was finishing the method of immigration clearance together with his spouse.

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Additionally see who have been the highest 10 richest individuals on this planet yesterday…

Know the situation of tomorrow’s share market and gold and silver…

Know the most recent worth of petrol, diesel and non-subsidized gasoline cylinder…

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2024-02-29 23:30:00
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