Breaking News on January 23: Bharat Ratna to ex-Bihar CM Karpoori Thakur

The former Chief Minister of Bihar, Karpoori Thakur, will be conferred India’s highest civilian honor, the Bharat Ratna posthumously. This was announced by Rashtrapati Bhavan communique on the eve of his 100th birth anniversary. (Read More)

Former India cricketers Ravi Shastri and Farokh Engineer were awarded the prestigious Col CK Nayudu Lifetime Achievement Award on Tuesday during the Naman Awards.

In a significant move aimed at enhancing the safety and security of citizens, with a particular focus on women, children, and the elderly in Uttar Pradesh, the Urban Development Department, in collaboration with the Home Department, has successfully set up a network of 100,000 CCTV cameras.

A contingent of 140 CISF personnel has been deployed at the Parliament complex as part of the new measure to frisk the visitors and their baggage from the Budget Session that commences from January 31, official sources said. The Union Home Ministry has sanctioned the strength after a comprehensive security review of the facility was undertaken in the wake of a breach by a few people, who entered the Parliament hall filled with MPs and sprayed coloured smoke canisters on December 13 last year. (PTI)

Johnson & Johnson on Tuesday reported fourth-quarter profit that was slightly above Wall Street expectations, helped by stronger-than-expected demand for its blockbuster psoriasis treatment Stelara. It expects higher revenue from its multiple myeloma drug Darzalex and newer oncology drugs such as Carvykti and Tecvayli to help it meet its 2025 pharmaceutical sales target of $57 billion. (Reuters)

Axis Bank on Tuesday recorded its third quarter profit at Rs 6493.36 crore, up 4.6 per cent in comparison to Rs 6209.37 crore during the corresponding quarter of last year. The bank’s Net Interest Income (NII) for the quarter grew by 9 per cent on-year to Rs 12,532 crore and the Net Interest Margin (NIM) for Q3FY24 stood at 4.01 per cent.  (Read More)

Uttar Pradesh Chief Minister Yogi Adityanath conducted an aerial survey of the Shri Ram Janmabhoomi Temple premises in Ayodhya as devotees continue to arrive here for the darshan of Ram Lalla. Latest reports say that around 3 lakh devotees visited Ayodhya for Ram Lalla’ darshan today.

Oxford University, one of the most renowned universities around the globe, has terminated its contract with India‘s Tata Consultancy Services, a Mint report said on Tuesday. TCS was Oxford’s admission test provider. The university has taken the decision due to some technical glitches following feedback from the candidates, the Mint report said. (Read More)

Embattled Indian ed-tech startup Byju’s is looking to raise funds worth more than $100 million at a valuation that is 90% lower than its prior round, Bloomberg News reported on Tuesday citing sources. (Reuters)

Clash broke out between Police and Congress workers in Assam’s Guwahati, during Congress’ Bharat Jodo Nyay Yatra.

Three employees of Western Railways lost their lives yesterday when they had gone to attend signalling point issues which had failed. They were run over by a passing local train between Vasai Road & Naigaon on the UP slow line and died on the spot. Western Railway has ordered an inquiry, the Western Railway CPRO said in a statement.

Russian car-sharing service Delimobil said on Tuesday it would hold an initial public offering (IPO) on the Moscow Exchange in late January or early February, issuing mainly new shares representing up to 10% of the company’s capital. In December, market sources told Reuters the company planned to raise between 3 billion and 4 billion roubles ($34 million to $46 million). (Reuters)

A military plane belonging to the Myanmar Army skidded off runway in Mizromm’s Lengpui airport on Tuesday. Around 8 people were injured in the incident. According to the Mizoram DGP, the plane from the Burmese Army “crashed” at Lengpui airport. The official said that there were 14 people on board along with the pilot. The injured have been taken to the nearby Lengpui Hospital. (Read More)

Swedish telecoms equipment maker Ericsson said on Tuesday it appointed Lars Sandstrom as its new chief financial officer, replacing long-time company veteran Carl Mellander. Sandstrom will join the company on April 1, and be based in Sweden, Ericsson said in a statement. Newly appointed Sandstrom is currently the CFO and a member of the executive team at Getinge, where he has been working since 2017. (Reuters)

Shares of India‘s ICICI Bank hit a record 1,059.4 rupees on Tuesday after its third-quarter profit beat estimates on robust loan growth and margins met expectations. The private lender rose as much as 5% in the session and was the sole stock posting gains on the Nifty Bank index, which was down 0.7%. ICICI’s performance is in sharp contrast to that of larger rival HDFC Bank, whose shares declined nearly 14% over the past five sessions after margins declined due to rising cost of deposits and intense competition. (Reuters)

As the thick layer of fog engulfed the national capital amidst the cold wave, several flights got delayed due to low visibility at Delhi International Airport on Thursday. Several flights are behind schedule owing to severe fog conditions in several parts of the country, Flight Information Display Board (FIDB) at Indira Gandhi International (IGI) Airport mentioned. (Read More)

Prime Minister Narendra Modi is scheduled to participate in the ‘Parakram Diwas’ festivities at the Red Fort today, commemorating the birth anniversary of freedom fighter Subhas Chandra Bose. Additionally, the Prime Minister’s Office (PMO) has announced that Modi will inaugurate ‘Bharat Parv,’ a week-long event taking place from January 23 to January 31. This celebration aims to showcase India‘s cultural diversity through Republic Day tableaux and cultural exhibits. The event will feature contributions from 26 ministries and departments, highlighting citizen-centric initiatives, promoting ‘vocal for local,’ showcasing diverse tourist attractions, and more.

The Indian stock market has pipped Hong Kong to become the fourth-highest equity market globally, Bloomberg reported. The combined value of shares listed on Indian exchanges reached USD 4.33 trillion as of Monday’s close, versus USD 4.29 trillion for Hong Kong, according to data compiled by Bloomberg. India‘s stock market capitalization crossed USD 4 trillion for the first time on December 5, 2023, with about half of that reportedly coming in the past four years. (Read More)

A powerful earthquake with a magnitude of 7.1 struck the Kyrgyzstan-Xinjiang border region on Tuesday (January 23), injuring six people and damaging or collapsing more than 120 homes in freezing cold weather, as reported by Chinese state media. (Read More)

The Delhi Traffic Police has issued traffic advisory in view of the Republic Day curbs. Here’s what traffic police said on its official X account.

Central Delhi is expected to experience disruptions in vehicular traffic on Tuesday due to a full dress rehearsal for the Republic Day parade, as stated in a police advisory.