Author: Editor's Desk, Tattva News

Odisha Chief Minister Naveen Patnaik on Wednesday inaugurated the Shree Mandira Parikrama Prakalpa (the heritage corridor project) of Sri Jagannath temple at Puri. The Parikrama Prakalpa, a beautiful infrastructure project matching with modern times, will facilitate the visit of increasing number of devotees to the temple. This ceremony was preceded by long rituals. It was a special occasion for King of Puri Gajpati Dibyasingha Deb, considered the first servitor of Lord Jagannath, as many of his ancestors had never witnessed such an event. Several ‘sankeertan’ troupes went around the Parikrama playing cymbals and mrudangas and reciting religious prayers. At the…

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Amid a challenging global macroeconomic environment, India presents a picture of growth and stability, and the economy is expected to grow 7 per cent in fiscal 2024-25, said RBI Governor Shaktikanta Das, addressing an event at the World Economic Forum Meeting 2024 in Davos, Switzerland. “Recent information on the global macroeconomic front has been reassuring, with inflation gradually descending closer to the target, even as growth has held up better than expected in almost all countries. Financial conditions have eased, and markets have scaled new highs. We expect the Indian economy to grow 7 per cent in fiscal 2024-25,” said Das. Das…

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Dubai has secured the coveted No.1 global destination ranking in the Tripadvisor Travellers’ Choice Best of the Best Destinations Awards for an unprecedented third successive year – becoming the first city to achieve the milestone. Dubai’s latest top international ranking was announced by Tripadvisor®, the world’s largest travel guidance platform, in its Travellers’ Choice Awards for 2024: Best of the Best Destinations. The accolade carries further significance due to the winners being selected based exclusively on the reviews of millions of global travellers in the Tripadvisor community. The awards factor in the quality and quantity of Tripadvisor reviews and ratings…

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Hearing the dispute over Krishna Janmabhoomi, the Supreme Court on Tuesday stayed the Allahabad High Court’s order appointing a commissioner to inspect the Shahi Eidgah masjid in Mathura. Hearing the petition filed by the mosque committee against the High Court order, a bench comprising of Justices Sanjiv Khanna and Dipankar Datta stayed the December 14 High Court order appointing a court commissioner to inspect the mosque. The Allahabad High Court had allowed a court-monitored survey of the mosque premises. The court agreed to the appointment of an advocate commissioner to oversee the survey, which the petitioners claim holds signs suggesting…

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In 2023, India emerged as a major recipient of global liquidity, attracting approximately US$15 billion from global mutual funds exclusively into Indian equities, as outlined in a report by Elara Capital. The report highlighted the significant foreign inflows into the Indian market, positioning it alongside the United States and Japan as the primary beneficiaries, while Europe experienced outflows. The data indicated that the US, India, Japan, and Hong Kong secured the top spots as the largest recipients of global funds in 2023, with China, Brazil, and Mexico following suit. Notably, until September 2023, mid-cap funds in India witnessed robust inflows,…

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The Supreme Court has delivered a split verdict on former Andhra Pradesh Chief Minister N. Chandrababu Naidu’s plea challenging High Court order refusing to quash the FIR registered against him in the Skill Development Corporation scam case. The SC bench, comprising Justices Aniruddha Bose and Bela M. Trivedi, differed on the applicability of Prevention of Corruption Act Section 17A, which deals with prior approval for conducting probe. The Act’s Section 17A, which was introduced on July 26, 2018 as part of an amendment, stipulates a mandatory requirement for a police officer to seek prior approval from the competent authority to…

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Congress on Tuesday appointed YS Sharmila, sister of Andhra Pradesh Chief Minister YS Jagan Mohan Reddy, as party President of the state unit. This move came a day after Gidugu Rudra Raju resigned from Andhra Pradesh’s President post. “Congress president has appointed Y S Sharmila Reddy as the president of the Andhra Pradesh Congress Committee with immediate effect,” an official announcement by the party said. Congress in a statement also announced the appointment of outgoing PCC President Raju as the special invitee to the Congress Working Committee. Recently, Sharmila merged her YSR Telangana Party (YSRTP) with the Congress in Delhi in the…

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The auspicious Praan-Pratistha of the Ram Lalla will be held on the upcoming Paush Shukla Kurmadwadashi, Vikram Samvat 2080, falling on January 22 in the Vikram Samvat 2080 calendar. Following all the Shaastriya (scriptural) protocols, the programme of Praan-Pratistha will be held in the ‘Abhijeet Muhurta’ in the afternoon. 7-day schedule of pre-Praan Pratistha ritual January 16: Prayaschita and Karmakuti PoojanJanuary 17: Parisar Pravesh of the MurtiJanuary 18 (Evening): Teerth Poojan, Jal Yatra, Jalaadhivas and GandhadhivasJanuary 19 (Morning): Aushadhadhivas, Kesaradhivas, Ghritadhivas and Dhanyaadhivas (in the evening)January 20 (Morning): Sharkaradhivas, Phalaadhivas, and Pushpaadhivas (in the evening)January 21 (Morning): Madhyaadhivas and Shayyadhivas (in the evening) Generally,…

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The consecration ceremony of the Ram temple in Ayodhya on January 22 is expected to generate business worth Rs 1 lakh crore, according to a report by the Confederation of All India Traders (CAIT). The estimate is based on feedback received from trade associations in 30 cities across different states. CAIT’s National Secretary General, Praveen Khandelwal, highlighted that the event not only holds religious significance but also leads to a surge in economic activities. The trust and faith of the people are resulting in the creation of new businesses based on the country’s traditional economic system. About 30,000 different programmes organised by…

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Mobile device exports from India have reached a noteworthy milestone, totaling US$ 126.7 million (Rs. 10.5 billion) in the initial nine months of the current financial year (FY24). With an additional three months remaining, industry projections from the Indian Cellular and Electronics Association (ICEA) suggest that the final fiscal year’s final export figures are anticipated to range between US$ 168.9 -181 million (Rs. 14-15 billion). This forecast reflects a substantial increase from the US$ 133.9 million (Rs. 11.1 billion) recorded in FY23. Apple’s iPhone exports have significantly contributed to this surge, comprising nearly US$ 84.4 million (Rs. 7 billion) of…

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