Breaking News HIGHLIGHTS: Odisha CM Writes To PM Modi Seeking Rs 1,088 Cr Under MGNREGS
Breaking News HIGHLIGHTS, November 1, 2021: This LIVE blog brings to you the latest breaking news from across India and the world. Keep refreshing the page to find the latest updates.
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Breaking News HIGHLIGHTS, November 1, 2021: Hello and Welcome to ABP News LIVE Blog! After concluding the G20 summit in Rome, Prime Minister Narendra Modi is headed towards Glasgow where he will hold a series of meeting in Glasgow, Scotland on November 1.
Modi will be on a two-day visit-- November 1 and November 2 -- in Glasgow, where he will meet UK Prime Minister Boris Johnson and discuss bilateral ties.
The 26th Conference of parties to the United Nations Framework Convention on Climate Change (UNFCCC) kicked off on Sunday in Scotland's Glasgow and will conclude on November 12.
"Landed in Glasgow. Will be joining the @COP26 Summit, where I look forward to working with other world leaders on mitigating climate change and articulating India’s efforts in this regard," said PM Modi in a tweet.
Earlier this month, Environment Minister Bhupender Yadav had announced that PM Modi will attend the UN climate summit in Glasgow, in a boost for global efforts for steeper emission cuts to fight global warming.
US biotech firm Moderna said Sunday that American officials have delayed approving its COVID-19 vaccine for teenagers to allow more time to better assess the potential risk of developing myocarditis, or heart inflammation.
The US Food and Drug Administration (FDA) on Friday "informed Moderna that the agency requires additional time to evaluate recent international analyses of the risk of myocarditis after vaccination," the biotech company said Sunday in a statement.
The evaluation on whether to recommend Moderna's vaccine for 12- to 17-year-olds could last until January 2022, the company said.
Odisha CM Writes To PM Modi Seeking Rs 1,088 Cr Under MGNREGS
Bhubaneswar, Nov 1 (IANS): Odisha Chief Minister Naveen Patnaik wrote to Prime Minister Narendra Modi on Monday drawing his attention for timely release of Rs 1,088.72 crore fund pending under the MGNREGS for the state.
In his letter, Patnaik said Rs 377.91 crore as wage component and Rs 710.81 crore as material component is pending under MGNREGS for Odisha.
"Timely payment of wages to the poor jobseekers is the fundamental guarantee under the MGNREG Act. Similarly, timely release of payment for material is critical for creation of tangible and durable assets under MGNREGS," he said.
The Chief Minister urged Modi to advise the ministry of rural development for timely release of funds for wage and material payment under MGNREGS.
He also drew the attention of the Prime Minister that a significant number of returnee migrants has stayed back due to reduced level of economic activities during the Covid pandemic. This has led to demand for wage employment under MGNREGS in villages.
Therefore, Patnaik requested PM Modi to enhance the labour budget of Odisha under MGNREGS to 25 crore person days for the current financial year, 2021-22.
'We are in a growing catastrophe': US President Joe Biden at COP26 Climate Summit
We have ability to invest in ourselves & build an equitable clean energy future & in the process create millions of good plain jobs & opportunities around the world, cleaner air for our children, bountiful oceans, healthier forests & ecosystems for our planet: US Pres Joe Biden
— ANI (@ANI) November 1, 2021
Prime Minister of Israel On Meeting PM Modi
Dehradun District Magistrate issues SOPs for those entering district from other states
Uttarakhand: Dehradun District Magistrate R Rajesh Kumar issues SOPs, in wake of #COVID19 pandemic, for those entering the district from other states.
— ANI (@ANI) November 1, 2021
Those coming from outside will have to mandatorily register themselves on Smart City web portal. pic.twitter.com/IRxRnnhQun
UN Secy-General at COP26 World Leaders' Summit
Enough of brutalising biodiversity, enough of killing ourselves with Carbon, enough of treating nature like a toilet, enough of burning, drilling&mining our way deeper. We're digging our own graves. Our planet is changing before our eyes: UN Secy-General António Guterres#COP26 pic.twitter.com/xagJ6ng7WZ
— ANI (@ANI) November 1, 2021
Green Industrial Revolution now needed around the world, says UK PM Boris Johnson at COP26 Summit in Glasgow
As we look at the Green Industrial Revolution, it's now needed around the world. We in the developed world must recognise the special responsibility we have, to help everybody else to do it: UK PM Boris Johnson, at #COP26 World Leaders' Summit in Glasgow, Scotland pic.twitter.com/2hpvY5qC0F
— ANI (@ANI) November 1, 2021
It was here in Glasgow 250 years ago, that James Watt came up with a machine that was powered by steam that was produced by burning coal. We brought you to the very place where the doomsday machine began: UK PM Boris Johnson, at #COP26 World Leaders' Summit in Glasgow, Scotland pic.twitter.com/qfFzCx5LQA
— ANI (@ANI) November 1, 2021
Kolkata airport on guidelines for all inbound flight passengers
Also, as per State Govt directives flights from Nagpur, Pune & Ahmedabad will continue to operate only on Monday Wednesday and Friday. Kindly contact the concerned Arline for details. (2/2)
— Kolkata Airport (@aaikolairport) November 1, 2021
COP26 World Leaders' Summit
PM Narendra Modi, US President Joe Biden and other world leaders arrive at venue for COP26 World Leaders' Summit in Glasgow, Scotland.
PM Narendra Modi, US President Joe Biden and other world leaders arrive at venue for #COP26 World Leaders' Summit in Glasgow, Scotland. pic.twitter.com/8OabP327Zw
— ANI (@ANI) November 1, 2021
Five more countries recognise India’s vaccination certificate
Mutual recognition of COVID-19 vaccination certificates continues!
— Arindam Bagchi (@MEAIndia) November 1, 2021
Five more countries recognise India’s vaccination certificate, including Estonia, Kyrgyzstan, State of Palestine, Mauritius and Mongolia.
Rupee pares early losses to settle flat at 74.87 against dollar
Mumbai, Nov 1 (PTI): The rupee pared its initial losses to settle almost flat at 74.87 against the US dollar on Monday as heavy FPI inflows into IPOs were offset by a stronger greenback in overseas markets and firm crude oil prices.
A strong rally in the domestic equity markets helped the local unit pare losses.
At the interbank foreign exchange market, the domestic unit opened on a weak note and slipped below the 75 per dollar mark due to sharp gains in the dollar index.
The rupee touched a low of 75.04 and a high of 74.84 during the day before closing at 74.87, up 1 paisa from its last close. On Friday, the rupee had closed at 74.88 against the US dollar.
According to Sriram Iyer, Senior Research Analyst at Reliance Securities, the rupee ended flat against the US dollar as foreign fund inflows into local IPOs offset the impact of a broad dollar strength.
Markets were range bound ahead of the Federal Reserve meeting this week.
"A taper announcement by the US Federal Reserve appears certain but investors will look for cues from details about the reduction of the asset purchases," Iyer said.
In the overseas markets, most other Asian and emerging market currencies had come under pressure earlier in the session, following a jump in the dollar index on Friday and this Monday afternoon in the European session.
"Rupee traded in a range as dollar index and crude prices traded flat, eyeing the US Fed's statement on tapering updates which would give further direction to dollar prices and related currencies," Jateen Trivedi, Senior Research Analyst at LKP Securities said, adding "going ahead, rupee can be seen in a range of 74.75-75.25".
"The USDINR spot closed flat as heavy FPI flows into the IPOs were offset by rising US Dollar Index and suspected RBI intervention. USDINR is expected to remain range bound in a holiday-shortened week," said Anindya Banerjee, DVP, Currency Derivatives & Interest Rate Derivatives at Kotak Securities Ltd.
The dollar index, which gauges the greenback's strength against a basket of six currencies, rose by 0.02 per cent to 94.14.
On the domestic equity market front, the BSE Sensex settled 831.53 points or 1.40 per cent higher at 60,138.46, while the NSE Nifty closed 258.00 points or 1.46 per cent higher at 17,929.65.
Moreover, foreign institutional investors were net sellers in the capital market on Friday as they offloaded shares worth Rs 5,142.63 crore, as per exchange data.
Brent crude futures, the global oil benchmark, advanced 0.81 per cent to USD 84.40 per barrel.
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