India roundup: COP 28, Delhi Supreme Court, market, school
Indian PM Modi attends COP 28 Leadership Pavilion, reiterates climate commitments
Indian Prime Minister Narendra Modi participated in the COP 28 Leadership Pavilion, a segment of the annual UN Climate Change Conference (COP 28), as reported by the Times of India. Modi, scheduled to address the World Climate Summit Action's opening session, is engaged in the High-Level Segment of COP28, conducted under the UAE's presidency from November 28 to December 12. At COP26, Modi pledged the "Panchamrit" goal, aiming to achieve 500 GW of non-fossil electricity capacity, generate half of the energy from renewables, reduce emissions by 1 billion tonnes by 2030, cut emissions intensity of GDP by 45%, and attain net-zero emissions by 2070.
Delhi Supreme Court directs Tamil Nadu Governor to confer with Chief Minister on Bill deadlock
The Supreme Court of Delhi has instructed Tamil Nadu Governor RN Ravi to hold discussions with Chief Minister MK Stalin to resolve the deadlock arising from the governor's refusal to grant assent to bills passed by the state legislative assembly. Chief Justice DY Chandrachud, leading the court, emphasized the urgency of resolving the impasse and suggested a dialogue between the governor and chief minister. The court has set December 11 as the hearing date, recognizing the constitutional significance of the matter and referencing Article 200, which restricts the governor from sending bills to the President after their readoption by the legislative assembly. The court had earlier questioned the governor's delay in assenting to bills, highlighting that they had been pending since January 2020.
Indian markets hit record high as nifty soars; economy's robust growth boosts investor sentiment
Indian share markets continued their winning streak for the fourth consecutive day, witnessing a surge in both the BSE Sensex and Nifty. The BSE Sensex climbed 308.52 points to 67,296.96, while the Nifty rose by 96.1 points, reaching a new record high of 20,229.25 and later peaking at 20,245.20. Key gainers in the Sensex included Larsen & Toubro, NTPC, and Asian Paints, contributing to the positive trend. Despite notable gains, some companies like Wipro, HCL Tech, and Infosys experienced a lag. The market's optimistic sentiment was fueled by India maintaining its position as the world's fastest-growing major economy, boasting a GDP expansion of 7.6% in the September quarter, as reported by the Indian Express.
Bomb threats rattle Bengaluru schools; authorities swiftly evacuate students and initiate thorough Searches
Several schools in Bengaluru, southern India, faced bomb threats on Friday, prompting immediate action from school authorities and law enforcement. Threats conveyed through emails claimed the presence of explosives on school premises, leading to the evacuation of students and the involvement of the police. Bomb disposal squads and sniffer dogs were deployed for comprehensive searches across the schools. Despite the extensive efforts, no suspicious items have been found so far, raising suspicions that the threats may be hoaxes. Around 60 schools in the city were reported to have received threatening emails, heightening concerns and necessitating a thorough investigation.
