Daily Morning Brief - (29 April)

World News

1. UAE Exits OPEC and OPEC+ from May 1

 The UAE is leaving the OPEC and OPEC+ groups on May 1st. They want to make their own decisions about oil production to help their own country's economy instead of following the group's strict rules.

2. Tourism Decline and High Oil Prices Hit Global Economies

 Countries like Saudi Arabia and Egypt are struggling. Fewer tourists are visiting, and high oil prices are causing businesses to cut jobs. This is creating a difficult economic situation for many people living in those areas.

3. Panama Canal Sees Surge in Traffic Amid Middle East Conflict

More ships are using the Panama Canal right now. Because of the wars in the Middle East, many shipping companies feel it is safer to travel through Panama than through the usual routes near the conflict zones.

4. US Senate Blocks Move to Restrict Military Action Against Cuba

 The US Senate stopped a plan that would have limited Donald Trump’s power to use the military against Cuba. This means the President keeps the power to take military action there if they feel it is necessary.

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India News

5. Bihar Faces Financial Crisis, Borrows ₹10,000 Crore from RBI

 The Bihar government does not have enough money to pay its workers' salaries. To fix this and pay people their pensions, they are borrowing 10,000 crore from the Reserve Bank of India (RBI) to cover the costs.

6. Supreme Court Set to Deliver Key Verdict on Hate Speech today

 India’s Supreme Court is about to give a final decision on hate speech. This ruling will help define what is illegal to say and how the government should punish people who spread talk that causes social trouble.

7. Allahabad High Court Rules on ‘Badhai’ Practices of Kinnar Community

 The Allahabad High Court ruled that the Kinnar (transgender) community cannot legally demand "Badhai" (money given during celebrations). The court said they can receive it if people give it freely, but they cannot force anyone to pay.

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Economy

8. Young Investors depends on AI for Financial Advice, ChatGPT Leads

 Many young people are using AI like ChatGPT to help them invest money. About 68% of Gen Z and 65% of Millennials prefer getting financial advice from a computer program rather than a human financial advisor.

9. Government Plans Introduction of E-85 Ethanol Fuel

 The government is planning to start using E-85 fuel, which is mostly made of ethanol. This will help India use less expensive foreign oil and is better for the environment because it burns cleaner than regular petrol.

10. Air Travel Industry Faces Ongoing Crisis

The airline industry is in a crisis. High costs and other big problems are making it hard for planes to fly on time and for companies to stay in business, which might make tickets more expensive.

11. India and Russia Collaborate on New Urea Plant

 India and Russia are working together to build a factory that makes urea (fertilizer). This will help Indian farmers get the fertilizer they need for their crops at a steady price without relying on other countries. india imports 72% urea from Middle east countries.

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Odisha News

12. Odisha Targets 50% Reuse of Treated Wastewater by 2036

 Odisha wants to reuse 50% of the city's treated wastewater by the year 2036. The goal is to stop wasting water and use the recycled water for things like factories instead of using up all the clean drinking water.

13. Slight Relief from Heatwave Expected Till May 2

• Weather Update: There will be a small break from the extreme heat in Odisha until May 2nd. The temperatures will drop slightly, giving people a little relief from the very hot sun before the summer heat returns in full force.

14. Odisha Government to Set Up Heatwave Shelters Across State

The Odisha government is building special shelters all over the state. These places will offer shade and cold water to help people stay safe and cool while traveling during the most dangerous and hottest parts of the day.

15. Jharsuguda becomes World’s 3rd Hottest City, Temperature Hits 45.3°C

 Jharsuguda recently became the third hottest city in the entire world. Temperatures hit a dangerous 45.3°C, showing just how extreme the weather has become in that part of Odisha this year.

16. Odisha Hikes Salaries of Contractual Ayurvedic and Homeopathic Doctors

Contractual doctors who practice Ayurvedic and Homeopathic medicine in Odisha are getting a pay raise. The government decided to increase their salaries to reward them for their hard work in the state's clinics and hospitals.

Also Read: Why Is Odisha Implementing a Universal Mental Health Policy in Schools?

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