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Heavy Rains Predicted Across 12 Districts by Regional Meteorological Centre

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The Regional Meteorological Centre of the Indian Meteorological Department (IMD) recently issued an advisory on the expected heavy rainfall in twelve districts of Tamil Nadu – The Nilgiris, Tirupur, Coimbatore, Theni, Dindigul, Erode, Krishnagiri, Dharmapuri, Tirupattur, Salem, Kallakurichi, and Tiruvannamalai. The warning issued suggested that the rains may range from heavy to very heavy as stated by the weather department, advising people of the area to be prepared for the same.

IMD acts as an essential part of meteorology in India, offering the services of its state-of-the-art meteorological instruments to improve the accuracy and efficiency of weather forecasting, climatological data collection, and atmospheric modelling. Through their unique set of instruments, such as the Doppler Weather Radar and Automatic Weather Stations, IMD is able to collect data on temperature, rainfall, wind speed, cloud cover, soil moisture, and atmospheric parameters. This sophisticated equipment assists in forecasting natural calamities well in advance so that people can prepare and evacuate before the disaster strikes.

The Regional Meteorological Centre of IMD in Chennai holds a significant position in the region and has a years-long tradition of forecasting weather with great accuracy, enabling the citizens to take precautionary measures. The center’s well-trained meteorologists have predicted the heavy rains in the twelve districts of Tamil Nadu. The government is also working towards improving the infrastructure of the region to counter any potential storm-related damages.

Finally, it is advised to follow the latest developments from the Regional Meteorological Center, so that individuals can take the necessary measures to keep their lives and properties safe and secure from the expected intensification of rainfall. Furthermore, the local administration should also keep a close eye on the development of this situation and take necessary action to ensure the safety of the people in the area.

Improved Electricity Supply in India Before the Monsoon Season

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Improved Electricity Supply in India Before the Monsoon Season

India’s electricity supply improved significantly in the cooler pre-monsoon months of April this year, largely attributed to the lower temperatures and return of some gas-fired generator. According to India’s National Load Despatch Centre, total electricity supplied in April was almost 131 billion kWh, making it the fourth-highest monthly recorded amount.

Compared to the same period last year, the total was down by 2.3 billion kWh. That was due to the lower temperatures, causing a decrease in peak electrical consumption in places like New Delhi. But with extra generation from solar farms and coal-fired generators, the full extent of the decreased output from hydroelectric and gas-fired units was offset to some extent.

The overall decrease in electricity usage and increased solar and coal-powered generation provided significant relief to the transmission system. The frequency of the system falling below the acceptable threshold of 49.9 Hertz decreased from 32% in April last year to 11% this April.

Gas-fired generators saw an increase in output of more than 0.5 billion kWh, due to the lower rates for imported liquified natural gas. However, this was partially offset by a peak demand increase of 4.2%, likely a reflection of a growing number of appliances being connected to the system.

As for coal security, stocks held at power plants were equivalent to 12.8 days of consumption, up from just 8 where they stood at the end of last year’s April. This was actively pushed for by the government’s production of 35 million tonnes (10%) of coal, although this was more modest when considering the dispatches to power producers via the railroads item (only 5% increase).

All of this, in combination with the cooler temperatures, proved to be effective in preventing further blackouts in India and ensuring the reliability of the network for the foreseeable future.

New Cabinet Ministers in Karnataka Sworn in at Ceremony

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On Wednesday, the 27th of May, a swearing-in ceremony of 24 newly-inducted ministers is underway at the Raj Bhavan in Bengaluru, Karnataka. Governor Thaawarchand Gehlot is administering the oath to the inductees. Present at the ceremony are Chief Minister Siddaramaiah, deputy Chief Minister D.K. Shivakumar, and Speaker U.T. Khader, who all have congratulated the new members of the cabinet.

Prominent Congress leader from the Gadag district, H.K. Patil, has been welcomed as a part of the cabinet. Other ministers include Krishna BYre Gowda from the Hebbal seat in Bengaluru, N. Cheluvarayaswamy from Mysuru district, M.C. Sudhakar from Chikkaballapura district, senior leader Eshwar Khandre from Bidar, Sharanabasappa Darshanapur from Yadgir, Shivanand Patil from Vijayapura district, S.S. Mallikarjun from Davanagere, and Laxmi Hebbalkar from Belagavi, who is from the Lingayat community.

This event marks the culmination of the Congress victory in the recently held state legislative elections. The party won the most seats and has been formally chosen, although no clear majority. The swearing-in ceremony marks the formal induction of the new ministers of the state.

With regards to the person mentioned in the article, H.K. Patil has over 40 years of experience in politics, beginning with his election to the Karnataka Legislative Assembly in 1978. He hails from a long line of politicians and hails from the Gadag district of Karnataka.

The company mentioned in the article is the volunteer organization, Congress. The Indian National Congress is a major political party in India and serves as the country’s oldest political party. It was founded in 1885 and is active in the politics of India. The party supports the Gandhi-Nehru ideology and is among the few party in the Indian political landscape. The Congress also had a hand in the country’s independence from the British and prompted liberal reforms in the country.

In conclusion, the swearing-in ceremony of 24 members of the cabinet in Karnataka is currently underway. With the induction of H.K. Patil and other ministers, together with the support of Congress, a new chapter has been opened in the state’s political history. This event also marks the culmination of a successful outcome for the Congress in the recently held state legislative elections.

Oil India Reports Highest Net Profit Since Inception for Financial Year 23

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Oil India Reports Highest Net Profit Since Inception for Financial Year 23

Oil India has reported a record net profit of Rs 6,810.40 crore for the fiscal year 2022-23, a jump of 75.20 percent compared to the previous year. This marks the highest net income the company has seen since its inception in 1961. This impressive growth comes on the back of a higher operating income and increasing oil and gas production.

During the last fiscal year, Oil India also managed the highest ever pipeline throughput of 8.19 million tone and highest ever turnover of Rs 23,272.57 crore, a 60.17 percent increase compared to the previous year. Oil production jumped 5.5 percent to 3.18 million tonnes, while gas production rose 4.4 percent to 3.18 billion cubic meters. Earnings per share more than doubled from Rs 35.85 to Rs 62.80 per share. Furthermore, Oil India’s board declared final dividend of Rs 5.50 per share with a total dividend of Rs 20 percent per share for FY23.

For the fourth quarter of FY23, the company reported even better results. Profit after tax, for example, increased by 9.71 percent and crude oil and natural gas production increased by 6.95 percent and 6.27 percent, respectively, compared to the fourth quarter of FY22.

Oil India is a group company of NRL, or the Numaligarh Refinery Limited. Together, the companies reported a leading consolidated profit after tax of Rs 9,854.39 crore, a 46.66 percent year-on-year increase, and a highest-ever consolidated turnover of Rs 41,038.94 crore, with a 36.75 percent year-on-year growth. The NRL also had a record-breaking crude throughput of 3,091.37 thousand metric tonnes with a capacity utilisation of 103 percent and an even higher gross refinery margin of USD 19.86 per barrel in fiscal 2022-23, much higher than USD 14.33 per barrel the year before.

The impressive numbers presented by Oil India and NRL for the fiscal year 2022-23 highlight the fact it was the most successful year to date, with record-breaking figures in a wide range of performance indicators. This is due to the impressive leadership of Shri A.K. Balyan, Managing Director, and Shri Sunil Kumar, Director (Technical & Projects) of Oil India, who have diligently pushed the organisation towards record-breaking success.

Dubai is Proving Itself as a Top Culinary Destination with the Help of Michelin Guide

Editorial Staff
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The Michelin Guide Dubai 2023 showcases the city’s commitment to becoming a culinary hotspot. revealed at the Atlantis The Royal hotel, the new selection of 90 restaurants covering 23 different cuisines and the reviews from the famously anonymous Michelin inspectors have led to delight.

This second edition award three new one Michelin Star restaurants, and one new two Michelin Stars restaurant, as well as 17 Bib Gourmands awards which were unveiled on May 16. Gwendal Poullennec, International Director of the Michelin Guides, proclaimed that “Dubai boasts many diverse culinary concepts, from Peruvian to Emirati, modern French, traditional British to contemporary Japanese, ensuring that everyone feels at home here.”

The new two Michelin Star award went to Tresind Studio, which had already been awarded its first Michelin Star last year. It is known for its highly original and precise dishes, resulting in an unforgettable experience. Other two Michelin Stars restaurants Il Ristorante – Niko Romito and STAY by Yannick Alleno, both retained their distinction this year.

The three one Michelin Star awards went to Avatara, Dinner by Heston Blumenthal, and moonrise. At Avatara, Indian cuisine is elevated to a new level withTheir beautiful dishes feature exquisite combinations of flavours and textures. Dinner by Heston Blumenthal, located on the first floor of the Atlantis The Royal hotel, offers British dishes from across the centuries dinner. moonrise, run by chef Solemann Haddad, is a one MICHELIN Star restaurant with plates that combines Middle Eastern ingredients with Japanese techniques. All other restaurants awarded one Michelin Star in the 2022 selection also maintained their distinction this year.

17 restaurants have been selected for the Bib Gourmand: 21 Grams, 3Fils, Aamara, Abu Haidar, Al Marei, Asil, Bombay Brasserie, Bu Qtair, Fume, Jodhpur, Mihyar, Orchante, Reem Al Bawadi, Shehaleh, The Aziyade, Tibusk and Ushi. Add these to two restaurants, Boca and Teible, that received the Michelin Green Star for their commitment to more sustainable gastronomy.

In conclusion, Dubai continues to confirm its gastronomic appeal with its diverse range of culinary experiences. The Michelin Guide Dubai 2023 is evidence of its growth on an international scale, and recognition from the famously anonymous Michelin inspectors will only ensure that Dubai remains a culinary hotspot.

SEBI Whole Time Member Highlights Growth Potential of Passive Investments

Editorial Staff
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SEBI Whole Time Member Highlights Growth Potential of Passive Investments

Ananta Barau, a Whole Time Member at the Securities and Exchange Board of India (SEBI), has proposed the fostering of passive investments in the Indian mutual fund industry. To support this initiative, the regulator is introducing Mutual Fund Light regulations, reducing compliance requirements largely for index funds and exchange-traded fund (ETFs).

The new regulations would give index funds and ETFs more flexibility, allowing them to bring transparency, diversification, and lower costs to investors. Furthermore, SEBI has created an exhibition only platform for direct plans, allowing fintech companies to access a larger pool of investors and promote healthy competition.

In order to promote good governance, the regulator has made trustee supervision of Asset Management Companies (AMCs) stronger. For example, mutual funds are encouraged to get involved in voting on corporate governance matters of the companies they invest in. Furthermore, regulations have been introduced to create liquidity in the debt market, including requirements for minimum liquidity buffers, restrictions on investments in a single company or sector, and self-testing to assess the impact of market movements on the Net Asset Value (NAV) of the fund.

Founded in 1988, the Securities and Exchange Board of India is an autonomous body which governs and regulates Indian capital markets. It lays down policies and regulations, reduces vulnerabilities of the market, and works to protect the interests of investors. SEBI provides an orderly and transparent platform to the investors and promote all-round growth in the country’s capital markets.

Ananta Barua has been a whole-time Member at SEBI since February 2020. He is in charge of overseeing the listing department, risk management, and business development in the regulator. Under his supervision, SEBI has implemented numerous policies that tackle difficulties facing the mutual fund industry. These efforts have had an overall positive effect in India, finally allowing the long-term growth of passive investments.

ACS Atal Dulloo Launches Aalav Awareness Programme for Farmers in Srinagar

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On Friday, Additional Chief Secretary (ACS) Atal Dulloo of the Agriculture Production Department flagged off the ‘Aalav’ awareness van from the Lal Chowk area in Srinagar, Jammu and Kashmir (India). This initiative is part of the Holistic Agricultural Development Plan (HADP) and is meant to ensure the progress and prosperity of farmers in the region. Various heads of departments and board members were present at the event, as well as farmers from the Valley.

Atal Dulloo, who is also the Vice Chairman of the J&K Advisory Board for Development of Kisans, addressed the farmers and discussed the three essential dimensions of the HADP, which are economic development, social inclusion and environmental protection. He urged the farmers to embrace this program and emphasized how it will be a boost to the agricultural sector.

The Aalav program is designed to provide farmers with training, resources, and information needed for a successful and profitable farming process. As part of this initiative, 400 resource persons have been trained in every district and 45 educational videos in multiple languages have been created to educate farmers on the different HADP schemes.

Atal Dulloo is an Indian bureaucrat and civil servant dedicated to the economic development of Jammu and Kashmir. Since 2017, he has been the Additional Chief Secretary of the Agriculture Production Department. He also serves as Vice Chairman of the J&K Advisory Board for Development of Kisans. With the ‘Aalav’ awareness program, his aim is to create a comprehensive support system for farmers and provide them with the knowledge and resources needed to succeed.

Mahindra and Mahindra Q4 Profit Rises 18% to Rs 2,637 Crores

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Mahindra and Mahindra, an automobile giant, have recorded impressive growth in recent times. The company reported a remarkable 18% surge in their net profit for the fourth quarter of 2023, ending on the 31st of March. The net profit for the quarter amounted to Rs. 2,637 crore as compared to the year before when it was Rs. 2,237 crore. This was the all-time highest annual net profit for the company, amounting to Rs. 10,282 crore, which was a rise of 56% from the same period.

The Automotive business under Mahindra and Mahindra attributed to the surge in profits as it saw the highest-ever volumes at 698,000 in financial year 2023 – a 50% jump from the previous year. They also held a dominating 19.6% revenue market share in Q4 of 2023. Furthermore, they achieved the highest-ever electric three-wheeler (E-3W) volumes in the same quarter with 14,700 units.

Mahindra and Mahindra Managing Director, Anish Shah, credited the success to the “blockbuster year for the group” He also mentioned the success of the “mega launches in Automotive, steady growth at farm equipment, strong operating performance at financial services and value unlock through monetization and partnerships”.

Rajesh Jejurikar, the Executive Director of Mahindra & Mahindra, spoke of its dominance in the automotive market with their recently launched Bolero Maxx Pick-up range with iMaxx technology and segment-first features. He added that the farm equipment was scaled up for quantum growth with the financial year 2023 seeing a 38% increase in revenue. Furthermore, they achieved the highest-ever market share in the fourth quarter of the year at 40.7%, setting a record in the past twelve years.

Overall, Mahindra and Mahindra have had a remarkable quarter with the surge in net profits and also achieved record milestones with their automotive and farm equipment segments. This is an invaluable indication for the company’s future prospects in the market and is very promising.

Man Arrested at Jaipur International Airport with Over 1kg of Gold

Editorial Staff
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On Saturday, officials revealed that a man was detained at Jaipur International Airport, after being caught trying to smuggle 1.44 kilograms of gold paste, valued around Rs 71 lakh. The gold had been hidden in the man’s innerwear and shoes and was brought in by Air Arabia flight G9435 from Sharjah.

The alleged smuggler was a resident of Rajasthan, and had often travelled abroad. When customs officers scanned the man and his baggage, they found the gold paste. After he failed to provide satisfactory answers, he was presented before a court and has since been sent to jail.

Air Arabia is an Emirati low-cost airline and one of the largest in the Middle East, operating to over 160 destinations across the world. It offers direct flights from the United Arab Emirates to India, and makes air travel easily accessible for everyone.

The man accused of smuggling gold paste was a frequent traveller and is originally from Rajasthan. He had tried to conceal 1.44 kg of gold paste worth Rs 71 Lakh, in his innerwear and shoes, in an attempt to elude customs officials. Unfortunately, the man was caught and had to face the consequences for his illegal act. He is now serving time in jail.

Top 5 Highest Ranked Universities in India according to IIRF 2023

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Top 5 Highest Ranked Universities in India according to IIRF 2023

India is home to dozens of prominent universities, all of which strive to provide a quality education to their students. In the search for the best universities, India’s premier rating system, the Indian Institutional Ranking Framework (IIRF) has rated more than 1,000 institutions across the country. This includes 300 universities, 350 engineering colleges, 150 business schools, 50 law schools, 50 design schools, 50 architecture colleges, and 100 undergraduate institutes. By 2023, there will be a total of 1057 universities in India, including central universities, state universities, private universities, and deemed institutions.

To determine the best universities in India, the IIRF evaluates seven different performance indicators, including Academic Excellence, Research, Placement Performance, Corporate Interface, Placement Strategies and Support, Teaching Learning Resources & Pedagogy, and Future Orientation. These criteria allow IIRF to distil the nation’s best universities from its 1,000+ institutions. Of these universities, the central universities are some of the most prestigious and oldest in the history of India.

Out of the 54 central universities in India, the oldest and most highly rated according to the IIRF ranking is Allahabad University, established in 1887. By 2023, this ranking may well change and other universities may rise to the top. To get a better overview of the top central universities in India, it is important to bear in mind the criteria of the IIRF rating system alongside general information about the universities. This list includes some of the top institutions, all of which strive to ensure students are provided with a quality education.

When it comes to quality higher education, the IIRF rating system helps individuals familiarize themselves with India’s leading universities. For 2022, according to the IIRF Ranking, the top five central universities in India were:

1. Jawaharlal Nehru University (JNU)
2. Banaras Hindu University (BHU)
3. Aligarh Muslim University (AMU)
4. Jadavpur University
5. Savitribai Phule Pune University (SPPU)

The Indian Institutional Ranking Framework is a comprehensive system of research, evaluation, and observation that helps its users understand the best universities and colleges in India. It is important to bear in mind this rating system when considering the top central universities in India.

When it comes to higher learning in India, there are many prestigious institutions that provide students with quality educational opportunities. According to the IIRF ranking from 2023, these are the top central universities in India and will no doubt continue to provide outstanding education and research opportunities for generations of students.

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