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News Highlights provides you with the best compilation of the Daily News Highlights taking place across the globe: National, International, Sports, Science and Technology, Banking, Economy, Agreement, Appointments, Ranks, and Report and General Studies
1.
The Attack on Iran by the US and Israel, killing the country's supreme leader, Ayatollah Ali Khamenei, begins a new chapter in the future of Iranian politics and the power dynamics of West Asia. Several leaders have also been killed. They include Sayyid Abdolrahim Mousavi, the chief of staff of Iran's armed forces and the country's defence minister, Aziz Nasirzadeh. The strikes claimed the lives of high-level military officials, including Rear Admiral Ali Shamkhani, secretary of the Defence Council, and Mohammad Pakpour, commander of the Islamic Revolutionary Guard Corps.
2.
This is the silver jubilee year of the creation of the Ministry of Development of North Eastern Region (DONER). Then-PM Atal Bihari Vajpayee established it to deal with the apathy and ignorance towards Northeast India. Sadly, in the decade after that, this ministry became a victim of government apathy. Thankfully, under Prime Minister Narendra Modi, there has been a 152 per cent increase in the ministry's budget allocation, from Rs 2,332 crore in 2014-15 to Rs 5,892 crore in 2023-24.
3.
Not Withstanding the "robodog" goof-up by Galgotias University at the AI Impact Summit or the "shirtless" demonstration by some misguided youths, the conference was successful in raising awareness of Al amongst young Indians. The fact that 91 countries and inter-national organisations have endorsed the Delhi Declaration for the use of Al for the global good, sarvajana hitaya and sarvajana sukhaya (welfare for all and happiness for all), speaks to its success.
4.
Is the Indian debt market pricing risk accurately? Consider the scenario. Over the past year, while short-term interest rates have fallen, long-term cent central government bond yields have been almost flat. In contrast, borrow-Ling costs for states have risen sharply. State governments are now, in fact, paying as much as AAA rated corporates. This, however, isn't the only quirk. Home-loan borrowers are barely paying a higher rate than governments. Something seems amiss.
5.
The Ministry of Statistics and Programme Implementation's (MOSPI) revamp of the gross domestic product (GDP) data has thrown up several interesting changes from what we previously thought of the Indian economy. Chief among them is that the growth in 2023-24 (FY24) is now not as high (7.2%) as estimated earlier (9.2%).
6.
As the issue of cross-border data flows the movement of information across national boundaries, which is essential for modern global commerce-remained unresolved during talks concluded earlier this year, India and the EU have decided to tackle it within five years of the free trade agreement (FTA) coming into effect, according to the deal text released late Friday.
7.
Antibiotics Are life-saving as they fight deadly infections. Yet they can have unintended consequences. Doctors have long noticed that certain antibiotics raise liver enzymes or cause inflammation, and in rare cases, the damage can be severe, leading to liver failure. The reason is not just how strong they are but where they sit on the liver cells and how they interact with their outer layer, what we call cell membrane.
8.
Khamenei's killing by US and Israel has left Iran facing an uncertain future, and the world holding its breath over the expanding conflict.
9.
The Ever-Widening conflict involving Iran, US and Israel has severely disrupted oil and gas flows through the Strait of Hormuz -a critical artery for global energy supply.
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