International News
Temasek to invest 1,200 cr. in Mahindra & Mahindra’s passenger EV firm
- The investment by Temasek is seen as a vote of confidence in Mahindra’s EV strategy and vision, as the company aims to become a global leader in electric SUVs.
- This investment will make Temasek one of the investors in MEAL, along with British International Investments (BII), which invested Rs 1,925 crore ($258 million) in MEAL last year.
PNGRB & World Bank Partners to Develop Roadmap
- NGRB is the Petroleum and Natural Gas Regulatory Board, which is the regulator of the natural gas sector in India. The World Bank is an international financial institution that provides loans and grants to low- and middle-income countries for various development projects.
- The study will cover aspects such as mapping demand and supply of hydrogen, technical assessment of the existing pipeline network for its compatibility, commercial assessment of pipeline sector, identifying bottlenecks in policy and regulatory framework, and framing of roadmap till 2040 for expeditious implementation of hydrogen blending in India.
National News
Jharkhand CM Launches Mobile App
- The app is designed to help villagers and forest department officials to monitor the location and movement of elephants, so that they can take preventive measures to avoid any harm or damage.
- The app also provides information on elephant behaviour, habitat, and conservation efforts. The app is part of the government’s initiative to protect the elephants and the people living near their habitats.
UNFPA & MP Govt Launch ‘Just Ask!’ Chatbot
- It’s a great initiative to provide accurate and reliable information on social issues and sexual and reproductive health and rights (SRHR) among adolescents and young adults in India.
- The ‘Just Ask!’ chatbot is an Artificial Intelligence (AI) digital engagement platform that helps users learn about their SRHR in a safe, personalized, and non-judgmental way.
- The ‘Just Ask!’ chatbot aims to address the critical need for SRHR awareness among young people in India, who often face barriers such as stigma, myths, misinformation, and lack of access to quality services.
Banking
ADB & GoI Signed USD 200 Million Loan Agreement
- The loan is an additional financing for the ongoing Rajasthan Secondary Towns Development Sector Project, which aims to improve water supply and sanitation systems, enhance urban resilience, and promote heritage living in selected towns.
- It will also help preserve the cultural and historical heritage of the towns by rehabilitating water structures and heritage buildings with nature-based solutions.
Paytm Launches 2 New Devices
- These devices are called Paytm Pocket Soundbox and Paytm Music Soundbox, and they are both 4G enabled and offer instant audio payment alerts.
- Both devices are made in India and follow a subscription model. The rent for them ranges from INR 1 to INR 150 per month, depending on the merchant’s transaction volume.
- Paytm claims that these devices will help small shops and merchants to increase their customer satisfaction and trust.