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  • Supreme Court Dismisses Expansion

  • IndiaAI Fellowship Program

  • India Emerges as Global Locomotive Manufacturing Hub

Supreme Court Dismisses Expansion of NRI Quota in Punjab Medical Colleges

The Supreme Court has struck down the Punjab government's expansion of the NRI quota in medical colleges, calling it a "fraud" that allows backdoor entries and deprives meritorious students of admission.

Why it's important: The ruling ensures that the NRI quota is used fairly and for its intended purpose of providing opportunities for genuine NRIs to study in India.

Call for Nominations from Students and Institutes

IndiaAI invites applications for fellowships from B.Tech and M.Tech students and seeks participation from top 50 NIRF-ranked institutes for PhD research in AI. Nominations can be submitted till 30th of this month.

Why it's important: It promotes AI research, develops skilled AI professionals, and fosters ethical and responsible AI adoption.

India Emerges as Global Locomotive Manufacturing Hub with First-Ever Exports from Marhowra Plant

India is poised to become a global locomotive manufacturing hub with the first-ever exports from Bihar's Marhowra Plant in 2023. The plant will export Evolution Series ES43ACmi locomotives to Africa, positioning India as a key player in the global locomotive market.

Why it's important: This project aligns with the "Make in India" and "Make for the World" initiatives, promoting self-reliance, boosting the economy, and creating long-term job opportunities.

Global Chronicles 🌐 
  • UN chief Guterres warns of a global powder keg amidst geopolitical divisions and major conflicts at the 79th General Assembly.

  • Gulfood Green, a first-of-its-kind event, brings together the global food and beverage industry in Dubai for sustainable practices and innovation.

Market Movers 🤑 
  • Gold and silver prices rose in both the Indian Bullion Market and Multi Commodity Exchange, with gold at 74,950 rupees per 10 grams and silver at 89,910 rupees per kilogram.

  • Oil prices soar over 2% due to China's monetary stimulus and supply fears amidst Middle East tensions, reaching $75.47 for Brent and $71.99 for WTI.

Sports Spectacle 🏅 
  • India created history at the 2024 Chess Olympiad in Budapest, clinching double gold medals in both the men's and women's categories.

  • Indian wrestler Sangram Singh made history by becoming the first Indian male wrestler to win an MMA fight at the Gama International Fighting Championship Tbilisi.

Meme of the day

Thank you for being awesome readers and staying informed with our news updates! We look forward to having you join us again on the next one for more exciting stories.

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