Indian Army deploys K-9 Vajra self-propelled howitzers in Ladakh
The Indian Army, on Saturday, announced the deployment of its first K-9 Vajra self-propelled howitzer regiment in forward areas. The decision was taken after Army chief General MM Naravane warned that China's People's Liberation Army (PLA) had deployed its troops in "considerable numbers" across eastern Ladakh. K-9 Vajra or K-9 Thunder is a 155 mm self-propelled howitzer that has been designed by South Korean firms Agency for Defense Development and Samsung Aerospace Industries.
Source - Economic Times
GST collection in September crosses INR 1.17 lakh crore
The September month marked Goods and Services Tax (GST) collection to INR 1.17 lakh crore compared to INR 1.12 lakh crore in August, revealed the Finance Ministry on October 1. It is the third consecutive month where GST collection crossed the 1 lakh crore mark, indicating that the economy's post-covid recovery is well progressing.
Source - Moneycontrol
I got two doses of Covishield from India, says President of 76th UN General Assembly Abdulla Shahid
President of the 76th session of the UN General Assembly Abdulla Shahid said that he was vaccinated with two doses of Covishield manufactured in India and many people around the globe. "And I've survived. But let someone else, a medical person make that call, not me," he added with a laugh. He said in response to whether any COVID-19 vaccine should be recognised or the ones that the WHO has validated.
Source - Free Press Journal
India's export jumped 21% in September
According to a preliminary report released by the government on Friday, an improvement in the performance of sectors like engineering goods and petroleum products could have led to a rise in India's merchandise export by 21.35%. The value of exports stood at $33.44 billion. The surge in gold import by 750%, worth $5.11 billion, led to a trade deficit of $22.94 billion.
Source - Economic Times
Netflix gets sued over surge in internet traffic due to 'Squid Game'
The latest Korean show, 'Squid Game' on Netflix, has led to a massive surge in traffic. As a result, South Korean broadband firm SK Broadband sued Netflix seeking additional maintenance costs. The streaming company stated that it is willing to discuss with SK Broadband and explore ways to work around it efficiently. The broadband firm is planning to charge almost $23 million annually for its services.
Source - Get Daily Brief
World's largest khadi national flag, weighing 1,000 Kg, unveiled In Leh
On Mahatma Gandhi's 152nd birth anniversary today, the world's largest khadi national flag, which is 225-feet long and 150-feet wide and weighs around 1,000 kg, was installed in Leh, Ladakh. The event was inaugurated by Ladakh Lieutenant Governor RK Mathur earlier in the day.
Source - Moneycontrol
Jeff Bezos, Elon Musk will launch Satellite Internet in India
World's two wealthiest businessmen, Jeff Bezos and Elon Musk, approached the Indian government with plans to offer satellite-based internet connectivity. Reportedly, Musk's satellite internet venture - Starlink and Amazon, have held separate discussions with the telecom ministry and Department of Space to begin satellite-based internet service in India, "though they are yet to apply for a license through the formal route".
Source - Times of India
Oyo's IPO papers reveal the salary of its top management
Oyo Hotels and Homes have been in the news lately with its announcement to raise funding. The hospitality company plans to raise over INR 8430 crore by floating an IPO. According to the Draft Redding Herring Prospectus Oyo filed on Friday, 2021 worked in favour of the company's founder Ritesh Agarwal and other top management executives where the founder's salary shot up by 8 folds from INR 21.5 lakh in 2020 to INR 1.62 crore in the financial year 2020-2021.
Source - Business Standard
Kangana Ranaut appointed as the brand ambassador of ODOP
The programme, One District One Product (ODOP) by the UP government aims to encourage indigenous and specialised products and crafts specific to each state district. The actress visited UP CM Yogi Adityanath last Friday. The CM office had earlier called it a courtesy call but later gave the actress an update to make the brand ambassador of the ODOP scheme.
Source - Hindustan Times
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