Top news of the week: New Parliament, Women’s Act, India-Canada dispute and more

A lot has happened in the last few days. Let’s take a look at the top news stories of the week.

“Symbol of new beginnings”: A look at Prime Minister Modi’s address in old and new parliament buildings

India’s parliament moved into a swank new complex on Tuesday, where Prime Minister Narendra Modi addressed MPs in both houses. Read more

Women’s Reservation Bill: ‘Stalled for over three decades’, leaders welcome the passage of the law and call for its speedy implementation

Parliament passed the Women’s Reservation Bill, which mandates 33 percent women’s reservation in both the Lok Sabha (House of the People) and state assemblies. Read more

TotalEnergies is investing $300 million in a joint venture with Adani Green Energy

French oil major TotalEnergies will invest $300 million to form a joint venture (JV) with Adani Green Energy for a renewable energy project. The joint venture will have the capacity to generate 1,050 megawatts of electricity from solar and wind power. Read more

Micron’s top supplier Simmtech gets approval to set up a unit in Sanand

Sanand: U.S. chipmaker Micron Technology Inc.’s main substrate-making supplier Simmtech has received approval to set up a facility in Sanand, Gujarat, near the chipmaker’s facility, Telecommunications Minister Ashwini Vaishnaw said , IT and Railways, said Mint. Read more

FPIs unloaded 10,164 crore in Indian stocks this month

Foreign portfolio investors (FPIs) continue to be net sellers this month, with subdued performance on D Street due to rising US bond yields and a stronger dollar. FPIs were sold Indian stocks worth ₹10,164 crore were sold and dumped altogether 10,100 crore as of September 22. Read more

Varanasi Cricket Stadium: Sachin Tendulkar joins Prime Minister Modi

Cricket legend Sachin Tendulkar along with Prime Minister Narendra Modi and Chief Minister Yogi Adityanath attended the foundation stone laying event of the international cricket stadium in Varanasi, Uttar Pradesh. The cricket stadium in Varanasi, which also happens to be Prime Minister Modi’s Lok Sabha constituency, is another step towards creating modern, world-class sports facilities. Read more

Relations between India and Canada are in turmoil as the rift widens

Bilateral ties between India and Canada are at stake after India on Tuesday called Canadian Prime Minister Justin Trudeau’s claim of a “potential link” between Indian government agents and the killing of Khalistani leader Hardeep Singh Nijjar in June as “absurd and motivated.” The two countries alternately expelled high-ranking diplomats. Read more

Indian economy to grow by 6.5% real GDP in FY24: Ministry of Finance

The Union Finance Ministry released the monthly economic report for August 2023 on September 22 and said it remained comfortable with a real GDP growth estimate of 6.5 per cent for FY24 with symmetrical risks. Read more

India’s foreign exchange reserves near 4-month low; falls $867 million to $593.037 billion: RBI data

India’s foreign exchange reserves fell for the second straight day, hitting a four-month low of $593.037 billion on September 15 – a decline of $860 million from the previous week. Read more

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