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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
1.
Warning that modern wars are not fought with weapons alone but also by targeting economies, Prime Minister Narendra Modi on Sunday underlined the need to protect India's banking system from "cyber terrorists".
2.
In what could be a real indicator of deficient rains and the El Nino effect on farms, domestic sales of all fertilisers, including urea, are down compared to last year.
3.
Andhra Pradesh Chief Minister N Chandrababu Naidu apparently seeks to forge an informal "southern alliance" — to arguably work with his counterparts in Tamil Nadu, Telangana, Karnataka and Kerala towards building a $10 trillion-plus bloc by 2047. The five states together account for less than a fifth of India's population but over 31 per cent of its GDP, 35 per cent of factories and foreign direct investment equity inflows, and 26 per cent of total GST revenue collections. Bengaluru, Hyderabad and Chennai house the country's busiest airports after Delhi and Mumbai, with Kochi at No 8, just below Kolkata and Ahmedabad.
4.
The subsidy budget for 2026-27 is Rs 1.71 lakh crore. The disruption in the Strait of Hormuz could push the subsidy bill to between Rs 2.5 lakh crore and Rs 3 lakh crore.
5.
Two areas that require more attention are teacher capacity-building and the development of knowledge platforms for communities that share a common geography and face similar disasters.
6.
Simultaneous raids across Assam, Mizoram and Manipur have led to the arrest of 18 people and the freezing of 1,424 bank accounts, exposing hawala transactions worth Rs 100 crore and rupturing the finances of a narcotics cartel led by a Myanmar-based drug lord arrested earlier this year, Union Home Minister Amit Shah said on Sunday.
7.
Without naming Pakistan, External Affairs Minister S Jaishankar on Sunday said that the use of terrorism as an instrument of statecraft was unacceptable, calling for a strong global resolve to counter terrorism in all its forms and manifestations.
8.
A month after it raised a request, Nepal has been promised a sum of $20 million (around Rs 190 crore) to help it recover from the devastating flash floods in August this year. Though the amount is extremely small compared to an estimated need of about $4.75 billion (around Rs 44,600 crore) in recovery and reconstruction costs, it marks the beginning of the implementation of a new international regime on loss and damage. This system seeks to provide financial assistance to developing countries affected by climate events.
9.
The government is offering oil and gas explorers a new financial arrangement to encourage drilling in India's deep seas: it will pay up to half the cost of an exploratory well and bear its share of the loss if no commercially viable oil or gas is found. However, companies making profitable discoveries will have to repay the money, under the Centre's Rs 84,084-crore Samudra Manthan scheme.
10.
The government this week announced plans to introduce agri-photovoltaics (PV) under the second phase of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM), its flagship scheme to solarise irrigation. The approach combines solar power generation with crop cultivation on the same land, with the aim to allow farmers to continue growing crops while earning additional income from electricity generation.
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