Weekly News Analysis: 30 January to 4 February

Weekly News Digest: January 30, 2023 to February 4, 2023

A news digest is a short and easy-to-read overview or highlights of news stories or events that convey the most relevant or fascinating information in a concise and convenient style. The goal is to provide the reader with a brief summary of recent issues, enabling them to remain up to date on current events in a short length of time.

We hope that these new efforts will be beneficial to you, especially to the students who are taking competitive examinations. This will assist them in finding the important news and keep them up to date on the current events going around the country and the world from a general knowledge point of view since they are always on a tight schedule to complete the syllabus and solve the sample question papers.


News Digest: January 30th, 2023:

An Attack on People of Indian Origin In Australia By Khalistani Activists:

India complained to Australian authorities on Monday about violence by Khalistani activists on persons of Indian origins protesting against a so-called "Khalistan referendum" planned over the weekend by the unlawful Sikhs For Justice (SFJ).

Manpreet Vohra, India's high commissioner, addressed the violent episodes in central Melbourne on Sunday with Victoria state Premier Daniel Andrews at a meeting held on Monday. In New Delhi, Australian high commissioner Barry O'Farrell said he was "appalled" by the assaults and that Victoria officers are investigating a number of individuals for "criminal acts of violence".


News Digest: January 31st, 2023:

An Attack on a Mosque In Peshawar - India Has Condemned It And Condole With The Families of Victims:

"India offers its heartfelt sympathies to the loved ones of the victims of the heinous act in Peshawar yesterday. "We strongly condemn this assault, which has claimed the lives of so many people," tweeted Arindam Bagchi, spokeswoman for the Ministry of External Affairs.

A bomber infiltrated the fortified enclosure that housed the Peshawar Police Headquarters. He detonated his bomb vest when more than 300 people were praying at the mosque on the grounds.


News Digest: February 1st, 2023:

Education Gets Highest Allocation in Budget 2023:

The Union Budget delivered by Finance Minister Nirmala Sitharaman on Wednesday allotted 1.12 lakh crore towards education, the biggest amount ever and a rise of roughly 8.2% above what was planned for 2022-23.

While the budget projection for 2022-23 allotted 1,04,277.72 crore to the sector, the revised estimate reduced it to 99,881.13 crore. The allocation for this year represents a 13% increase above the revised projection.


News Digest: February 2nd, 2023

Indus Waters Treaty - India criticizes World Bank:

On Thursday, India criticized the World Bank's decision to continue with two parallel initiatives to solve a conflict with Pakistan over two hydroelectric projects on cross-border rivers, claiming that this violates rules of the Indus Waters Treaty.

On January 25, India notified Pakistan of its intention to revise the 62-year-old World Bank-brokered treaty for the management of cross-border rivers, citing the Pakistani side's "intransigence" in resolving issues as a reason for doubting the pact's integrity.


News Digest: February 3rd, 2023

Putin Anticipates Triumph Against Ukraine's 'New Nazism':

President Vladimir Putin invoked the spirits of the Soviet Army that beat Nazi German forces at Stalingrad 80 years ago when he said on Thursday that Russia would overcome a Ukraine gripped by a fresh iteration of Nazism.


News Digest: February 4th, 2023

RBI Told: “The Banking Industry is Indeed Sturdy and Resilient”:

The Reserve Bank of India (RBI) stated on Friday that the banking system remained robust and steady in its current assessment. "Many indices related to capital adequacy, asset quality, liquidity, provision coverage, and profitability are good," the reserve bank stated in a briefing on the Indian banking sector's stability.

Railways will Increase Its Reservation Power From 25,000 To 2.25 Lakh Tickets Per Minute:

Presently, the Railways' IT infrastructure can manage 25,000 ticket bookings in one minute. "The objective is to increase this power to 2.25 lakh tickets every minute. This will necessitate a server overhaul on the back end. To guarantee that the service functions at a higher pace, the IT infrastructure, especially software, will need to be enhanced," Mr. Vaishnav explained. The upgrade is planned to be finished by September of this year.