Severe rainfall continued to wreak havoc in several parts of Kerala. There is a flood-like situation in several parts of the state.&amp;nbsp;Unrelenting rains in Kerala have caused rising water levels and flooding across the state.&amp;nbsp;

Unrelenting showers throw life out of gear

In a pre-empt action to tackle the situation, the National Disaster Response Force (NDRF) deployed six flood rescue teams at Ernakulam, Alappuzha, Wayanad, Kozhikode, and Palakkad to carry out Humanitarian Assistance and Disaster Relief (HADR) work

The National Disaster Response Force (NDRF) has deployed six flood rescue teams

In Malappuram, locals witnessed a rare scene in which a road got washed away after flash flood.&amp;nbsp;

Road gets washed away in Malappuram after flash flood

As heavy rain continues to lash Kerala, two more shutters of Idukki dam were opened on Friday morning to accommodate the additional flow of water.The floodgates were opened to increase the water flow into the Periyar river to 125 cuses

Shutters of dams being opened

&amp;nbsp;
			
				Taking note of the flood situation in Kerala, which claimed the lives of at least 22 people, Prime Minister Narendra Modi on Thursday offered all required assistance to state Chief Minister Pinarayi Vijayan.

PM Modi offers assistance

&amp;nbsp;
			
				Karnataka Chief Minister H.D. Kumaraswamy on Thursday announced a relief fund worth Rs. 10 crores for flood-hit Kerala. The Chief Minister has also directed his Chief Secretary T.M. Vijayabhaskar to send relief materials and a team of doctors to the state.

Karnataka offers help

At least 26 people have lost their lives so far across rain-battered Kerala due to flooding and landslides caused by the torrential downpour in the state.

Kerala floods

<div class="photo-post-content" id="photo-post-content">
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			Unrelenting showers throw life out of gear</h2>
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			People stranded at a flooded junction following a flash flood, triggered by heavy rains, at Palakkad in Kerala.| Photo: PTI</div>
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				Severe rainfall continued to wreak havoc in several parts of Kerala. There is a flood-like situation in several parts of the state.&nbsp;Unrelenting rains in Kerala have caused rising water levels and flooding across the state.&nbsp;</p>
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			The National Disaster Response Force (NDRF) has deployed six flood rescue teams</h2>
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			An elderly woman is rescued following a flash flood, triggered by heavy rains, at Palakkad in Kerala. |Photo: PTI</div>
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				In a pre-empt action to tackle the situation, the National Disaster Response Force (NDRF) deployed six flood rescue teams at Ernakulam, Alappuzha, Wayanad, Kozhikode, and Palakkad to carry out Humanitarian Assistance and Disaster Relief (HADR) work</p>
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			Road gets washed away in Malappuram after flash flood</h2>
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			A section of Nilambur- Karad road is seen washed away following a flash flood. |Photo:PTI</div>
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				In Malappuram, locals witnessed a rare scene in which a road got washed away after flash flood.&nbsp;</p>
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		<h2 class="title2 photo-post-title">
			Shutters of dams being opened</h2>
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			Aluva Mahadeva Temple is seen submerged in the water following a flash flood, triggered by heavy rains, at Kochi |Photo: PTI</div>
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				As heavy rain continues to lash Kerala, two more shutters of Idukki dam were opened on Friday morning to accommodate the additional flow of water.The floodgates were opened to increase the water flow into the Periyar river to 125 cuses</p>
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			PM Modi offers assistance</h2>
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			A car is seen submerged in flood water after heavy rainfall, at Wayanad district of Kerala| Photo:PTI</div>
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				&nbsp;</p>
			<div>
				Taking note of the flood situation in Kerala, which claimed the lives of at least 22 people, Prime Minister Narendra Modi on Thursday offered all required assistance to state Chief Minister Pinarayi Vijayan.</div>
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			<p>
				&nbsp;</p>
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			Karnataka offers help</h2>
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			A view of a residential area following a flash flood, triggered by heavy rains.|Photo:PTI</div>
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				&nbsp;</p>
			<div>
				Karnataka Chief Minister H.D. Kumaraswamy on Thursday announced a relief fund worth Rs. 10 crores for flood-hit Kerala. The Chief Minister has also directed his Chief Secretary T.M. Vijayabhaskar to send relief materials and a team of doctors to the state.</div>
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<br />

In pics: Kerala battered by heavy rains, death toll reaches 26

Business Standard

E-commerce giant Amazon on Tuesday announced its commitment to enable USD 80 billion in cumulative exports from India by 2030 and said it has partnered with DPIIT to establish India as a global manufacturing hub.
Amit Agarwal, Senior Vice President for Emerging Markets at Amazon, made the announcements during the company's annual 'Smbhav Summit'.
"Motivated by the progress that we made in driving exports out of India...we are quadrupling our focus in India... we are going to advance our commitment to enable USD 80 billion in exports by 2030," Agarwal said.
Amazon had earlier pledged to digitising 10 million micro, small, and medium enterprises (MSMEs), achieving USD 20 billion in cumulative exports from India, and creating 2 million jobs in the country by 2025.
"We are humbled to share that we have hit our pledge to digitise 10 million small businesses one year ahead of time and have enabled over 12 million small businesses to become a part of the digital economy. We have enabled .

Amazon had earlier pledged to digitising 10 million micro, small, and medium enterprises (MSMEs) and creating 2 million jobs in the country by 2025

A Canadian pension fund arm on Tuesday announced that it has co-led in a USD 180 million funding round in Indian supply chain finance platform Mintifi.
Ontario Teachers' Pension Plan's arm Teachers' Venture Growth and South Africa's Prosus have co-led the Series E investment into the city-based Mintifi, as per a statement.
Premji Invest also participated in the funding round, which includes both primary and secondary transactions, the statement said.
Canadian investors, especially pension funds, have been present in India for many years and have backed a slew of entities and projects for handsome returns.
The fresh funding will deepen the company's presence across key sectors and consolidate its market leadership in the downstream supply chain financing space, it said.
The company, which works with entities such as Asian Paints, Varun Beverages, Parle Products, Honda, Shree Cement, TVS and Castrol, will use the funds to expand on its new offerings, including dealer management syst

Canadian investors, especially pension funds, have been present in India for many years and have backed a slew of entities and projects for handsome returns

Start-ups not working on technologies that can replace humans in workflow will not last long, Paytm founder and CEO Vijay Shekhar Sharma said on Tuesday.
While speaking at the Rising Rajasthan Global Investment Summit, Paytm founder and CEO Vijay Shekhar Sharma, however, said that his company will need more people to develop technology and provide support as the adoption of AI increases.
When asked about whether Paytm is also looking at technologies to reduce its workforce, Sharma said, "We will need to hire more ... to provide technology support. Technology companies will become stronger with the adoption of tech".
During his session on Digital Transformation, Sharma said anything that is being done physically or mentally will be replaced by AI like car driving and writing code. Startups not developing tech to replace human workflow will not last long.
"If you are not building a startup that removes the obligation of a human's workflow, you're not building a company that will be .

While speaking at the Rising Rajasthan Global Investment Summit, Paytm founder and CEO Vijay Shekhar Sharma, however, said that his company will need more people to develop technology

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CUET-UG will return to the computer-based format from 2025 and students will be allowed to appear for any subject irrespective of the subjects studied in class 12, according to UGC Chairman Jagadesh Kumar.
In an interview with PTI, Kumar said an expert panel set up by the University Grants Commission (UGC) conducted a review of the exam and proposed several changes.
The panel examined various aspects of the test, such as its structure, number of papers, duration of test papers, syllabus alignment and operational logistics. The changes recommended by it were approved by the commission in a recent meeting.
"The exam will be conducted only in CBT (computer-based test) mode from 2025. We conducted the exam in hybrid mode last year but we will move to CBT mode because it is much more reliable and secure as compared to other modes of examination.
"Candidates will also be allowed to opt for subjects in CUET-UG which they haven't studied in class 12 to allow the students to cross over the 

Candidates will also be allowed to opt for subjects in CUET-UG which they haven't studied in class 12 to allow the students to cross over the rigid disciplinary boundaries in higher education

A Parliamentary panel has asked the power ministry to complete electrification of 9,35,688 households across the country in a mission mode under Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGYA) and other schemes.
Under Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY) and thereafter, under SAUBHAGYA, all states declared all inhabited un-electrified census villages across the country, as electrified on April 28, 2018 and all willing households who sought electricity connection, as electrified on March 31, 2019, the Parliamentary Standing Committee on Energy said in its report tabled in Parliament on Tuesday.
According to the report, while a total of 18,374 villages were electrified under DDUGJY, a total of 2.86 crore households were electrified under the aegis of SAUBHAGYA.
The committee lauded that the Centre's commitment to supporting all states for electrification of households.
Thus, electrification work of 8,00,552 left out households under SAUBHAGYA; 1,29,269 identified ...

The panel also noted that Aggregate Technical & Commercial (AT&C) losses have increased in Jharkhand, Maharashtra, Mizoram and Telangana during the last 5 years

Stakeholders from the micro, small and medium enterprises (MSME) sought a reduction in GST, technology upgrade, and production-linked incentive scheme benefits for various segments in a pre-Budget meeting with Finance Minister Nirmala Sitharaman on Saturday.
The meeting aimed to seek inputs and suggestions for the Budget for 2025-26, expected to be presented on February 1.
Members from the Association of Women Entrepreneurs of Karnataka (AWAKE); Karnataka SC and ST Entrepreneurs' Association; Plant-Based Food Industry Association (PBFIA); Ambala Scientific Instruments Manufacturers' Association (ASIMA); Rajasthan Footwear Manufacturers' Association were among the participants at the meeting.
The All-India Plastics Manufacturers' Association; All India Manufacturers' Association; Gujarat Chamber of Small Industries Association; Federation of Associations of Cottage and Small Industries (based in West Bengal); Federation of Andhra Pradesh Small and Medium Association; and Laghu Udyog 

The meeting aimed to seek inputs and suggestions for the Budget for 2025-26, expected to be presented on February 1

Call for reining in food inflation and raising investment in pre-Budget  talks

Russia-Ukraine War

The year 2022 is coming to an end and a lot has happened that shaped the world in the year. Let's have a look at some of these significant events

In February 2022, Russia attacked Ukraine&amp;#39;s capital, Kyiv, from the north in an attempt to overthrow President Volodymyr Zelensky&amp;#39;s government. In the months following, artillery bombardment and street fighting continued, with Russia seizing multiple cities.

&amp;nbsp;

After a slew of scandals in his term spanning three years, UK Prime Minister Boris Johnson resigned from office in July. Johnson was succeeded by Liz Truss, who took over the office in September.
						
						But after 45 days in the office, she resigned, becoming the shortest-serving PM in UK history. Her budgetary plans, at the centre of which were tax cut plans, had crashed the markets, making her lose the confidence of almost all her own MPs.
						
						In the days that followed, Rishi Sunak took over as Britain&amp;#39;s 57th prime minister and vowed to fix the mistakes made by his predecessor, Liz Truss.

Russia Invades Ukraine

In April, protests began in the nation following a sharp rise in food and fuel costs. Thousands demanded the resignation of now-ousted President Gotabaya Rajapaksa. The people faced long power cuts daily and shortages of basics, including fuel and food. Sri Lanka&amp;#39;s doctors said they were nearly out of life-saving medicines.
						
						Rajapaksa&amp;#39;s government was being blamed for the chronic mismanagement of the country&amp;#39;s finances. In July, protestors stormed Rajapaksa&amp;#39;s home, pushing him to flee the nation before resigning from office.

UK&amp;#39;s political crisis

In September, 22-year-old Iranian girl Mahsa Amini died after being detained for allegedly violating Iran&amp;#39;s laws requiring women to wear a headscarf. Authorities said she died of illness, but her family claimed she fell into a coma after being mistreated by the police. Sources said the police beat Amini with a baton and banged her head against a vehicle. At her funeral on September 17 in Saqez, women protested by ripping off their hijabs. Protests sparked by her demise have since roped in ethnic minorities and even school children. Thousands of women since then have been showing solidarity by cutting their hair and burning their hijabs in public.
						
						Now, the unrest has spread beyond a women&amp;#39;s right to a movement that is calling for an end to theocratic rule. The protests are now the most broadly supported movement in Iran in over four decades.

Sri Lanka economic crisis

In October, Chinese President Xi Jinping was handed a historic third term in office. He became the first leader of the ruling Communist Party after party founder Mao Zedong to get a third term in power.
						
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In a historic first, rich countries agreed to pay for losses and damages caused by climate change. For 30 years, developing nations have been calling for developed countries to compensate for the costs of climate disasters caused by climate change. And rich nations that caused the pollution resisted the demand. But this changed in 2022.

Chinese President Xi Jinping starts record third term in power

In 2022, inflation was rising worldwide, with food and energy prices hitting record highs. The hike was mainly driven by pent-up consumer demand after the pandemic and Russia&amp;#39;s invasion of Ukraine. As the pandemic waned, people wanted to return to normalcy and spend more. This led to companies demanding higher prices. Companies also hired more to serve the pent-up demand. They had to increase wages to attract workers and raise prices to compensate for that.

A landmark deal UN Climate Change Conference (COP27)

In September, Queen Elizabeth II, Britain&amp;#39;s longest-serving monarch, died at 96 after reigning for 70 years. Many said her death would mark a turning point for commonwealth nations as many may disassociate themselves.

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In October, Brazil&amp;#39;s former president, Luiz In&amp;aacute;cio Lula da Silva beat Jair Bolsonaro in the country&amp;#39;s closest presidential race in history. Silva&amp;#39;s win marked Latin America&amp;#39;s shift to the left and pointed to an extraordinary comeback for a man in jail for corruption three years ago.

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In October, billionaire Elon Musk closed his $44 billion deal to buy Twitter after months of dilly-dallying, drama and a lawsuit. The Tesla owner&amp;#39;s Twitter takeover is also one of the biggest tech acquisitions of all time. May fear that Musk&amp;#39;s takeover may turn the social media giant into a hotbed of hate speech.
					
						&amp;nbsp;

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In pics: Kerala battered by heavy rains, death toll reaches 26

At least 26 people have lost their lives so far across rain-battered Kerala due to flooding and landslides caused by the torrential downpour in the state.

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