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Moody's Ratings has declared that the Indian economy is in a "sweet spot," forecasting a robust GDP growth of 7.2% for 2024, followed by 6.6% in 2025. In its Global Macro Outlook, the agency noted that India's economic expansion is supported by a revival in household consumption, strong manufacturing activity, and increased investment, with real GDP growing by 6.7% year-over-year in the second quarter of 2024. High-frequency indicators suggest continued momentum, bolstered by festive season spending and improved agricultural conditions. However, inflationary pressures remain, with October's headline inflation rising to 6.2%, driven by vegetable price hikes, although it is expected to moderate in the coming months. The Reserve Bank of India (RBI) has adopted a neutral monetary policy stance, maintaining the repo rate at 6.5%, while remaining vigilant to inflation risks amid geopolitical tensions and extreme weather. 
Published: Nov 16 2024, 12 ameznews.inThe bodies of three unidentified women were transported to a morgue in Silchar, Assam, amid escalating tensions in Jiribam, Manipur, following the kidnapping of three women and three children by suspected Kuki militants. The incident occurred on Monday during a gunfight between militants and the Central Reserve Police Force (CRPF). Among the hostages are the mother of two young children, including an infant. Laisharam Herojit, a state government worker, has appealed for the safe release of his family, who were reportedly taken away on a boat by armed individuals. The Kuki tribes have claimed that those killed in the encounter were "village volunteers," a statement disputed by police sources. Security forces have recovered weapons from the scene, while the situation remains tense as the community holds candlelight vigils in Imphal, advocating for the hostages' safe return.
Published: Nov 16 2024, 3 ameznews.inA tragic fire at the Maharani Laxmibai Medical College in Jhansi, Uttar Pradesh, claimed the lives of ten children on Friday evening, with officials warning that the death toll could rise. The blaze, believed to have been ignited by a short circuit, erupted in the neonatal intensive care unit (NICU) around 10:35 PM. Medical staff acted quickly, evacuating 37 children by breaking windows to escape the smoke before firefighters arrived. Jhansi's district magistrate, Avinash Kumar, confirmed the formation of a committee to investigate the incident. Heart-wrenching scenes unfolded outside the hospital as relatives mourned their losses, with one mother lamenting the death of her child. Uttar Pradesh Chief Minister Yogi Adityanath expressed his condolences, calling the incident "extremely sad and heartbreaking," while senior officials, including Deputy Chief Minister Brajesh Pathak, headed to Jhansi to assess the situation.
Published: Nov 16 2024, 1 ameznews.inA leopard launched a brutal attack on a pet dog in a garden in Mount Abu, Rajasthan, on Friday, as captured by CCTV footage. The incident occurred when a black Labrador Retriever wandered into the garden of a house in Sunrise Valley, prompting the leopard to leap over the boundary wall and seize the dog by the neck. The footage shows the dog struggling to escape while the leopard maintains its grip. The situation changed when the dog's howling alerted the homeowner, Mala Kumari, who rushed outside, screaming, which caused the leopard to release the dog and flee. Fortunately, the dog managed to return safely inside the house alongside Kumari. The property is reportedly used for paying guest accommodations.
Published: Nov 16 2024, 1 ameznews.inUnion Finance Minister Nirmala Sitharaman has congratulated former Democratic congresswoman Tulsi Gabbard on her appointment as the Director of National Intelligence, a role that involves overseeing the coordination of the U.S.'s 18 intelligence agencies. In a message posted on X, Sitharaman highlighted Gabbard's 21 years of military service, during which she rose to the rank of Lt. Colonel in the Army Reserve, and expressed her admiration for Gabbard's clarity of thought and dedication. Gabbard, who switched allegiance from the Democrats to support Donald Trump's re-election, is part of a diverse group of nominations for Trump's upcoming administration, which includes notable figures like RFK Jr. and Elon Musk. Gabbard has been a controversial figure, having criticized U.S. military interventions and echoed sentiments aligned with Russian President Vladimir Putin regarding Ukraine, raising concerns among some in the political establishment.
Published: Nov 16 2024, 1 ameznews.inAs humanity grapples with existential threats ranging from artificial intelligence to climate change, scientists are exploring which species might dominate in a post-human world. The octopus has emerged as a leading candidate due to its remarkable intelligence and adaptability. With a complex nervous system, problem-solving skills, and innovative learning capabilities, octopuses possess unique traits that could enable their survival and evolution. Professor Tim Coulson from the University of Oxford highlights their "supreme intelligence," dexterity, and communicative abilities, positioning them as potential successors to human dominance. Octopuses can distinguish between real and virtual objects, solve puzzles, and manipulate tools with their tentacles, thriving in diverse environments from deep-sea trenches to coastal areas. This intriguing possibility has sparked discussions among scientists about the future of life on Earth and the role of such adaptable creatures in a world without humans.
Published: Nov 15 2024, 11 pmeznews.inSpaceX, owned by Elon Musk, is set to launch India's GSAT-20 satellite aboard its Falcon 9 rocket, marking the first significant collaboration between the Indian Space Research Organisation (ISRO) and the US company. The GSAT-N2, weighing 4,700 kg, is too heavy for India's own rockets and will be launched from Cape Canaveral, costing between $60-70 million. This launch is part of a broader commercial engagement, as India has previously relied on Arianespace for heavy satellite launches. Musk, who expressed admiration for Prime Minister Narendra Modi, has been advocating for SpaceX to provide satellite-based Internet services in India through Starlink, pending regulatory approvals. Additionally, India has partnered with Axiom Space for a separate $60 million deal to send an astronaut to the International Space Station aboard a SpaceX vehicle.
Published: Nov 15 2024, 10 pmeznews.inIn a significant drug bust, over 80 kg of high-grade cocaine valued at approximately Rs 900 crore was seized in Delhi, prompting praise from Union Home Minister Amit Shah. This operation, described as one of the largest cocaine hauls in the capital, followed a joint effort by the Narcotics Control Bureau (NCB), the Navy, and Gujarat ATS, which had earlier recovered nearly 700 kg of Methamphetamine off the Gujarat coast. The NCB traced the cocaine's origins through leads from previous seizures in March and August, ultimately recovering the drugs concealed in Janakpuri and Nangloi. The investigation revealed a syndicate operated by individuals based abroad, with arrests made of two operatives from Delhi and Sonipat. Shah commended the NCB's efforts and emphasized the government's commitment to eradicating drug trafficking, stating that the crackdown on such networks would continue "ruthlessly."
Published: Nov 15 2024, 10 pmeznews.inA man has been arrested for allegedly murdering a woman in Noida, Uttar Pradesh, in front of her four-year-old son during a violent confrontation. The incident occurred on November 11, when Pradeep, who had been in an extramarital relationship with the victim, Shilpi, for three years, confronted her at her home after her husband left for work. Pradeep had been pressuring Shilpi to leave her husband and son, but she refused. This refusal escalated into a heated argument, during which Pradeep reportedly strangled Shilpi to death. Tragically, her son woke up from sleep and witnessed the horrific act, later recounting the details to police during counseling sessions. Authorities have since arrested Pradeep and are continuing their investigation into the murder.
Published: Nov 15 2024, 10 pmeznews.inA tragic car crash in Dehradun claimed the lives of six friends, all under 25, during a high-speed race on the night of Monday into Tuesday. The Toyota Innova, allegedly racing against a BMW at speeds exceeding 100 km/h, collided with a truck at the ONGC intersection after failing to slow down. The impact was catastrophic, resulting in the roof of the SUV being torn off and two victims' heads being severed, while others were found crushed inside the vehicle with body parts scattered on the road. The deceased have been identified as Kunal Kukreja, Atul Agrawal, Rishabh Jain, Navya Goel, Kamakshi, and Guneet, with the sole survivor, Siddhesh Agrawal, hospitalized in critical condition. Reports suggest the group was celebrating Siddhesh's new car, and police are investigating whether alcohol was involved in the incident. The victims were students at a local private college.
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