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BusinessPhoto: Economic TimesIndia's 182-day and 364-day treasury bill yields rose to their highest levels in 18 months during Wednesday's auction. Premiums over the RBI's 5.5% repo rate reached their highest since November 2022. Market participants attribute this to expectations of further monetary tightening after the central bank's recent rate hike and hawkish guidance.
Economic Times·
Scientists have detected a faint hydrogen glow from galaxies 8 billion years ago using the Canadian Hydrogen Intensity Mapping Experiment (CHIME) and the Giant Metrewave Radio Telescope (GMRT). This discovery opens a new window into the early universe and could help solve the mystery of dark energy, which drives the accelerated expansion of the cosmos.
Space·
IBM and the MeitY Startup Hub have signed a Memorandum of Understanding (MoU) to expand technology access for deep-tech startups. This collaboration aims to provide startups with advanced technological resources and support to foster innovation and growth in the deep-tech sector in India.
Analytics India Magazine·
Rahul Gandhi invited opposition leaders and INDIA BLOCK MPs to his home for tea, where they discussed their strategy against alleged vote theft. The opposition coalition marched to the Supreme Court, filing a petition on the issue. Rahul Gandhi and others accused the government of intimidation and expressed concerns over police actions during youth protests.
Hindustan··Dehradun
Ramleela Maidan has been a significant site for major protests in India, including the JP Movement and Anna Hazare's hunger strike. Recently, legal battles have emerged over Jantar Mantar's status as a designated protest site, with petitions filed in the Supreme Court against its removal from the official protest site list. The court case questions the impact on fundamental rights and the rules for protests at Jantar Mantar.
BBC·
Sourav Das and Ashutosh Ranka have been sent to judicial custody for five days and taken to Tihar Jail. The Delhi Police provided reasons for their detention. Abhijeet Dipke questioned the charges against them, asking if it was for raising the tricolor flag. The incident has sparked political reactions, including statements from Rahul Gandhi and the Cockroach Janata Party.
BBC··Delhi
Economic Times·
Photo: Economic TimesIndia's 182-day and 364-day treasury bill yields rose to their highest levels in 18 months during Wednesday's auction. Premiums over the RBI's 5.5% repo rate reached their highest since November 2022. Market participants attribute this to expectations of further monetary tightening after the central bank's recent rate hike and hawkish guidance.
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