Centre to HC: Marriage is between a biological man and a biological woman
According to law, the Centre argued before the Delhi HC, marriage is associated with a biological man and a biological woman. The court listed 5 petitions seeking recognition and registration of same-sex marriages under existing laws, and declaring that same-sex marriages' right to legal recognition is a fundamental right, for a final hearing on November 30.
Source - The Indian Express
Tesla zooms past USD 1 trillion market cap
Tesla Inc. surpassed USD 1 trillion in market value after securing a gigantic order of 100,000 Tesla vehicles from rental car company Hertz. It was Tesla's most extensive ever order. Tesla shares surged as much as 14.9% to USD 1,045.02, making it the world's most valuable automaker. Elon Musk has set an annual sales growth target of 50%, on average, to reach 20 million vehicles a year.
Source - NDTV
Defence exports have grown by 334% in the last 5 years
Defence Minister Rajnath Singh said that India's defence exports have grown by 334% in the last 5 years. Joint efforts of entities all around the world have helped India export to over 75 countries. He added that it was a strong indicator of quality and competitiveness. He also appreciated the efforts of the industry and thanked foreign aerospace and defence companies for their investment.
Source - The Hindu
Centre eyes INR 1 lakh crore from LIC IPO at Rs 10 lakh crore valuation
After Zomato's stellar (IPO), the Centre wants to determine if LIC should be valued at INR 10 lakh crore or more. The Centre plans to unload around a 10% stake in LIC through the IPO. At that valuation, the government may get INR 1 lakh crore, which will help the finance ministry achieve its disinvestment target of INR 1.75 lakh crore for the current financial year.
Source - Times Now
PM Modi to attend ASEAN-India Summit virtually on October 28
Prime Minister Narendra Modi will attend the 18th ASEAN-India Summit, to be held virtually on October 28. It will be accompanied by Heads of State of Government of the ASEAN countries. The summit will review the status of the ASEAN-India Strategic Partnership and evaluate progress made in crucial areas, including COVID-19 & health, trade & commerce, connectivity, and education & culture.
Source - The Indian Express
Gurugram sees a surge in COVID cases during the festive season
Haryana's Gurugram has seen 158 COVID cases reported in October with just a month left, compared to September's 150 cases with a rise in positivity rate from 0.1% in September to 0.2% in October during the festive season. With Diwali around the corner, officials have asked people to maintain strict COVID protocols to prevent another outbreak.
Source - India.com
Centre aims to privatize 13 airports by March
The government plans to finish the privatization of 13 airports by the end of this financial year, which are currently run via a PPP (public-private partnership). The Airports Authority of India has decided to group 7 small airports, with 6 big ones; Varanasi with Kushinagar and Gaya; Amritsar with Kangra; Bhubaneswar with Tirupati; Raipur with Aurangabad; Indore with Jabalpur; and Trichy with Hubli.
Source - Economic Times
Dravid officially applies for coach
Rahul Dravid, the current head of National Cricket Academy and former captain of the Indian National cricket, is next in line to be the Indian cricket team's next head coach after he officially applied for the high-profile position on Tuesday with no other better person to fill this position.
Source - Times of India
New Delta variant found in Maharashtra and MP, states on alert
The government of MP and Maharashtra have issued warnings after 7 new cases of Delta variant AY.4.2 were detected in Indore. As per reports, the AY.4.2 variant is a sub-lineage of the Delta variant. The National Centre of Disease Control released a report, stating that 2 army officers posted in the Mhow Cantonment were infected with the new mutant. In Maharashtra, the AY.4.2 variant has been detected in 1% of samples.
Source - DNA India
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