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Chotrani and Anahat Declared Champions in NSCI Open National Circuit Squash

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Maharashtra’s Veer Chotrani and Delhi’s Anahat Singh emerged as champions in the NSCI Open National Circuit squash tournament in Mumbai on Wednesday. Chotrani maintained his excellent form throughout the competition and did not drop a single game, eventually defeating Suraj Chand in the final. Despite his relatively low ranking of No.16 in the country, Chotrani’s vast repertoire of strokes was too much for Chand, who suffered a 3-0 defeat.

In the women’s final, the talented 15-year-old Anahat from Delhi, a part of the Indian Commonwealth squash team, was equally dominant and overcame the top seed Urwashi with ease, winning 3-0. Akanksha Guta from Maharashtra caused a shock in the Girls U-17 final by beating top seed Navya Sundararajan of Uttar Pradesh.

The tournament saw excellent performances from young players in various age groups. Aryaman Singh of Karnataka took the prize in the Boys U-13 category, defeating Dhruv Bopana of Tamil Nadu, while Gargi Kadam of Maharashtra won in the Girls U-11 group, defeating Sudhanjali Yadav of Maharashtra.

Overall, it was an exciting tournament that showcased the immense talent of young squash players from across the country.

Raids Conducted on Bihar SDM’s Properties in Disproportionate Assets Case

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The Economic Offences Unit (EOU) of Bihar carried out raids on Thursday at three locations belonging to a Sub Divisional Magistrate (SDM) named Satyendra Prasad. The officer is stationed in Mohania in Kaimur district and owns houses in Patna, Bettiah, and Mohania cities. The EOU filed a First Information Report (FIR) against him on charges of accumulating assets in a disproportionate assets case. He has been booked under the Indian Penal Code and Prevention of Corruption Act, 1988. According to the EOU’s statement, Prasad amassed assets amounting to approximately 84,25,006 Rupees illegitimately while holding various posts as a public servant in Bihar. The EOU conducted searches of his residences, office, and other properties based on a warrant issued by the special judge of the vigilance court in Patna. The details of the recovery are yet to be disclosed.

India’s factory activity records strongest growth since October 2020

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According to a private survey, India’s factory output has grown at the fastest pace since October 2020 due to strong demand and output. Firms have also increased their hiring, which has led to improved optimism. In comparison to China, Japan, and South Korea, India’s manufacturing sector has witnessed solid growth and has been a primary driver of the country’s economy over the past few quarters. The Manufacturing Purchasing Managers’ Index has increased to a 2-1/2 year high of 58.7 in May, which is higher than expectations. The upturn in domestic and foreign orders has generated more employment opportunities. As a result of strong demand, firms have increased their prices, which has pushed output price inflation to a year high. While the Reserve Bank of India has left the door open for future interest rate rises, expectations are for no more changes until at least next year. India’s economy grew at an annual pace of 6.1% in the last quarter, faster than the 4.5% rate in the October-December quarter.

India’s BPCL eyes significant expansion in petrochemicals sector

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India’s state-run refiner, Bharat Petroleum Corp. Ltd (BPCL), is set to invest nearly $6.5bn in expanding its petrochemical, lubricant, and renewable portfolio as part of a larger strategy by India’s state-run refiners to increase their petrochemical intensity to remain relevant in case electric vehicles (EVs) begin affecting demand for transport fuels. The core component of BPCL’s expansion will be the ethylene cracker project, with the aim of driving the production of essential petrochemicals. Additionally, BPCL is planning to set up petroleum oil lubricants (POL) installations and lube oil base stock (LOBS) installations in Maharashtra and is also planning to set up two 50 MW wind power plants in the states of Madhya Pradesh and Maharashtra for captive consumption at Bina and Mumbai refineries, respectively. The company is also developing an ecosystem and roadmap to become a net-zero energy company by 2040. In a recent statement, BPCL announced its plans for expansion, stating that it aims to be at the forefront of meeting the rapidly growing demand for energy and petrochemical products in India.

Spectacom Global Secures Pre-Series A Funding for Health Venture

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Spectacom Global, the company behind BunkerFit, India’s only vernacular holistic health and wellness app, and Devils Circuit, India’s biggest obstacle race, has secured 11 crores in its Pre-Series A round from Rainmatter Health. The funds will be used to drive growth by launching additional participative IPs and investing in content development, marketing, and hiring. Spectacom aims to grow across four key verticals: events, health-tech, ticketing, and media properties. With a vision of impacting 100 million lives by 2030, Spectacom aims to cement its position in the fast-growing Health & Wellness space that is poised to reach a whopping $270+ Bn. The BunkerFit app offers modules around training, yoga, mindfulness, and nutrition, and aims to reach the whole of India. Spectacom plans to offer BunkerFit to all corporate employees for free, targeting corporate wellness. Nithin Kamath, founder of Zerodha, said he supports initiatives that can bring about impactful change at a mass level.

India’s GDP grows by 7.2% in FY 2022-23 due to strong Q4 performance

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India’s gross domestic product (GDP) growth has surpassed expectations for the fiscal year 2022-23, hitting 7.2%. This figure is 20 basis points higher than the government’s second advance estimate of 7% and comes as a result of a better-than-expected performance in the fourth quarter of the fiscal year. The driving forces behind this growth were services, exports, and agriculture.

According to the Statistics Ministry’s provisional estimate, India’s GDP growth is expected to continue at this rate for the next fiscal year. This is great news for the economy, which has been hit hard by the COVID-19 pandemic.

The unexpected growth in GDP shows that India’s economic recovery is gaining momentum, particularly in the services sector and agriculture. Exports have also contributed significantly to this growth, with many countries relaxing their trade restrictions.

India’s success in achieving a higher than expected GDP growth is an important milestone, and experts believe that it provides a much-needed boost to the country’s economy as it continues to navigate the ongoing pandemic.

Overall, India’s GDP growth has shown that the country has the necessary resources, infrastructure, and robust fundamentals to emerge from the pandemic on a stronger footing. It also showcases the potential for continued economic growth and the importance of prioritizing industries such as agriculture, services, and exports.

Street Play and Paintings in Varanasi Raise Awareness Against Tobacco Use

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The faculty of Dental Sciences, the Institute of Medical Sciences, Banaras Hindu University recently organized events to raise awareness about the harmful effects of tobacco to mark the World No Tobacco Day. With the theme We need food not Tobacco, the events included a street play, a painting competition, and a special camp at the Tobacco Prevention Clinic. The former dean of the faculty of Dental Sciences, Prof TP Chaturvedi, stated that the World No Tobacco Day has been celebrated annually since 1987 by the World Health Organization to raise awareness about tobacco consumption’s adverse impacts. He also shared statistics that indicate India has 27 crores (270 million) tobacco users, and tobacco causes 13% of men’s deaths and 5% of women’s deaths in India. Additionally, tobacco consumption is a cause of various health issues ranging from cancer to congenital problems in children. Prof Chaturvedi emphasized the significance of addressing tobacco use determinants, monitoring tobacco use, socioeconomic inequalities, reviewing taxation, and focusing on promoting a healthy society with nutritious food instead of tobacco consumption.

Yogotsav in Indore to be Organized on International Yoga Day

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In honor of the 9th International Yoga Day, the Sundarbai Phoolchand Ji Adarsh Shiksha Sansthan and Morarji Desai National Institute of Yoga, Ministry of AYUSH, GoI, are organizing a Yogotsav in the city of Indore, Madhya Pradesh. The event will be held on Sunday at Guru Amardas Hall on Manik Bagh Road as part of the 100 Days 100 City Countdown Programme. The program will include a workshop on healthy lifestyle diets by world-renowned medical dietician Dr. Vishwaroop Roy Chowdhary, as well as discussions on the spiritual nature of yoga led by spiritual guru Swami Dr. Shailendra Saraswati and Dr. Sadhna Donria, the Head of the Yoga Department at Barkatullah University. The event will also tackle a range of health issues, including cancer, diabetes, kidney disease, thalassemia, hypertension, and liver-related diseases.

Amazon Launches Smart Speaker Echo Pop in India

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Amazon Launches Smart Speaker Echo Pop in India

Amazon has launched its latest smart speaker, the ‘Echo Pop’, in India at a price of Rs 4,999. The new smart speaker comes in four color options including green, purple, black and white. The Echo Pop features Amazon’s updated AZ2 Neural Edge processor, providing faster responses for requests to Alexa, the voice-controlled artificial intelligence assistant. The speaker delivers balanced bass, clear vocals and loud sound. It includes a button for the microphone on and off, and it also allows users to control compatible devices such as smart lights and other electrical appliances. Additionally, it has a low power mode to conserve energy and can help kids develop skills like curiosity and communication by interacting with Alexa. The device is stylish and compact, adding to the design innovation that Amazon offers its customers. Parag Gupta, Director and Country Manager for Amazon Devices in India, said With this latest smart speaker, we have amped up innovation in design to offer more options to customers.

Exploring Alternative Investment Avenues in India with Finalyca

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Exploring Alternative Investment Avenues in India with Finalyca

Managing the wealth of the wealthy, especially during market volatility and financial instability, can be a daunting task for money managers. However, a new all-in-one investment analytics platform in India called FINALYCA has been launched to help resolve this issue. FINALYCA offers a comprehensive bespoke solution that uses artificial intelligence and machine learning to provide a reliable performance analytics tool for investments. With the platform, users can access data from multiple Mutual Fund houses, Alternative Investment Funds, Portfolio Management Services, and Unit Linked Insurance Policies providers in a single dashboard. Asset flows, fund manager information, financial returns, fees, expenses, benchmarks, and possible risks are all available to help investors make data-driven financial decisions. The Cross Comparison feature allows for the analysis of different ULIPS, MFs, AIFs, and PMSs side by side. FINALYCA provides uniform analytics for all tracked investment products and offers customized insights to clients and media platforms. The platform also offers a Performance Attribution feature that determines what drives active returns in a chosen investment product. FINALYCA offers a user-friendly interface, allowing users to select the perfect investment product independently and providing granular-level data on debt, equity, and hybrid portfolios. The platform also offers news and research, with an easy-to-read format on market news. The highly secure technology used by FINALYCA can be accessed on both web and mobile phones and ensures confidentiality for users’ financial decisions.

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