Top News Today (24 August): India, World, Economy & Odisha

India

1. FSSAI Sends Notices to 150 Companies Over Misleading Ads

FSSAI has issued more than 150 notices to food, restaurant and e-commerce companies over misleading advertisements and packaging claims. The action targets terms such as “100% pure,” “healthy” and “organic” that may give consumers a wrong impression.

 World

2. France Opens Its First Traditional Hindu Temple Near Paris

France has opened its first traditional Hindu temple in Bussy-Saint-Georges near Paris. Built by BAPS, the temple features stone carvings from India and includes a cultural centre. It aims to support the Hindu community and promote interfaith understanding.

3. Pakistan Boosts Military Purchases of Drones and Ammunition

Pakistan is increasing its defence purchases, focusing on armed drones, surveillance UAVs and artillery ammunition. The move is aimed at strengthening its military capabilities and modernising equipment amid growing security concerns and changing defence requirements in the region.

4. Gas Shortage Forces Bangladesh Factories to Cut Production

A serious natural gas shortage is disrupting Bangladesh’s industries, especially garment and textile factories. Several plants have reduced production or shut down. The crisis is also affecting fertilizer production, electricity supply and exports, adding pressure to the country’s economy.

 Economy

5. UPI MDR Debate Grows Over Charges on Large Merchant Payments

Banks and payment companies are pushing for a possible Merchant Discount Rate on high-value commercial UPI transactions. Consumer UPI payments remain free, but the industry says some form of MDR could help cover payment infrastructure and operating costs.

6. AI Adoption Creates More Specialised Jobs in India: Nomura

Nomura says artificial intelligence is creating strong demand for specialised jobs in India. Global Capability Centres, IT companies and startups are seeking workers skilled in machine learning, data engineering and AI-based business solutions as companies rapidly adopt new technology.

7. Canada Hits US Goods With 50% Tariff in Trade Retaliation

Canada has imposed a 50% tariff on several US products in response to American trade measures. The tariffs affect agricultural goods, steel, consumer products and manufactured items, increasing tensions between the two countries and raising concerns over trade.

8. Odisha Records Highest Retail Inflation Among Indian States

Odisha recorded the highest retail inflation among Indian states, according to NSO data. Rising food prices, supply problems and higher fuel costs are putting pressure on household budgets and increasing transportation and business expenses across the state.