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News Highlights provides you with the best compilation of the Daily News Highlights taking place across the globe: National, International, Sports, Science and Technology, Banking, Economy, Agreement, Appointments, Ranks, and Report and General Studies

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THE HINDU

1.

SC overrules 1967 verdict against AMU’s minority tag

An educational institution established by a minority community will not lose its identity once it is recognised through a statute, the Supreme Court declared on Friday in a 4:3 majority judgment by a seven-judge Bench headed by Chief Justice D.Y. Chandrachud. Chief Justice Chandrachud held that an institution established by a minority community was indeed a minority educational institution. But the onus was on the community to prove they had established the institution to preserve and retain their cultural fabric, he said. The court returned the case to the regular Bench to examine the question of AMU’s minority status.



2.

Explain conflict of interest charges: Lokpal to SEBI chief

Anti-corruption watchdog Lokpal on Friday sought an explanation from the chief of India’s stock market regulator, Madhabi Puri Buch, on the conflict of interest charges levelled against her in three complaints that cited a report from the U.S.-based shortseller firm, Hindenburg Research. The order, from a Bench led by Lokpal chief Justice A.M. Khanwilkar, stressed that this was only a procedural direction and does not explicitly name Ms. Buch. 


3.

‘Tiger population triples in Manas national park’

The tiger population in western Assam’s Manas National Park, a major wildlife preserve stretching into Bhutan, tripled from 2011 to 2019, a new study has said. The report published in the latest issue of the Journal of Biological Conservation attributed this turn around in a park that suffered because of prolonged armed conflict to increased funding, improved protection infrastructure, and a larger staff. The study said the growth in the Manas was supported by tourism revenue. 


4.

Drones to emerge as a game changer in the fisheries sector, says Union Minister

Drones will emerge as a game changer in the fisheries sector, addressing several critical challenges with precision and efficiency, Union Minister of State for Fisheries and Minority Affairs George Kurian said. He was inaugurating an awareness workshop and demonstration of drone applications in the fisheries sector at the ICAR-Central Marine Fisheries Research Institute. The Minister said the Centre would develop 100 climate-resilient coastal fishermen villages across the country, to help fisher communities who encounter climate-change challenges, by allocating ₹2 crore per village under the Pradhan Mantri Matsya Sampada Yojana.


5.

The BRICS journey — gaining heft while in transition

The summit in Kazan, Russia (October 22-24, 2024) was the sixteenth in a series that began in 2009. Only four countries — Brazil, Russia, India and China — participated in the first two summits. South Africa joined the group at the third summit in 2011, giving it its present name, BRICS. The outbreak of COVID-19 put China on the defensive; then the bloody clash between Chinese and Indian troops in the Galwan Valley in June 2020 brought ties between two member-states to a new low; finally, Russia’s invasion of Ukraine in February 2022 triggered Moscow’s confrontation with the North Atlantic Treaty Organization. 


6.

Staying cool, but with clean tech, global collaborations

On September 21, 2024, the Quad nations (Australia, India, Japan, and the United States) issued the Wilmington Declaration, which underscores the Quad’s commitment to sustainable energy solutions, particularly focusing on high-efficiency cooling systems. This aligns with the earlier joint statement by India and the U.S., which detailed a road map for building resilient and secure global clean energy supply chains, placing a special emphasis on clean cooling technologies. Both statements highlight the urgent need to deploy affordable and energy-efficient cooling systems in climate-vulnerable regions while advancing global climate goals. As part of the Quad’s clean energy initiatives, India has pledged significant investments in solar and cooling infrastructure across the Indo-Pacific region. Along with the U.S. and India’s joint plan to expand manufacturing capacities for high-efficiency air-conditioners and ceiling fans, these developments could significantly reduce the climate impact of cooling systems.


7.

Centre announces successful trial run of new pension system

The pilot run of the proposed Centralised Pension Payments System (CPPS) under the employees’ pension scheme (EPS) of the Employees Provident Fund Organisation (EPFO) is successful, the Union Labour Ministry said. Pension worth more than ₹11 crore was disbursed to 49,000 EPS pensioners of Jammu, Srinagar and Karnal Regions for October, 2024, under the new system. Announcing the success of the trial of CPPS, Union Labour Minister Mansukh Mandaviya said the pilot run was completed on October 29 and 30. The new system, to be implemented nationwide by January 2025, will help more than 78 lakh EPS pensioners to receive their pension from any bank, any branch, anywhere in the country.


8.

Zomato, Swiggy breached antitrust laws: CCI probe

An investigation by India’s antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with business practices favouring select restaurants listed on the platforms, documents show. Zomato entered into “exclusivity contracts” with partners in return for lower commissions, while Swiggy guaranteed business growth to certain players if they listed exclusively on its platform, according to non-public documents prepared by the Competition Commission of India (CCI).


9.

Manila signs laws to demarcate South China Sea territories

Philippine President Ferdinand Marcos Jr. signed two laws on Friday reaffirming the extent of his country’s maritime territories and right to resources, including in the South China Sea, angering China, which claims the hotly disputed waterway almost in its entirety. China’s Foreign Ministry said it summoned the Philippines Ambassador to China to lodge a “stern protest”. The ministry condemned the move as an attempt to “solidify the illegal ruling of the South China Sea arbitration case through domestic legislation.”


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