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Indestructible Tank 🪖
Good Morning Folks!!! When it comes to diversity, our very own mother nature has a most discerning eye, be it the bioluminescence of the sea or camouflaging stick insects. This remarkable microscopic creature, known for its toughness, can withstand freezing temperatures close to -272°C or blistering heat as high as 150°C, earning it the nickname "nature's indestructible tank" . Can you unravel today's trivia? Stay tuned till the end of the newsletter to find out!
ECONOMY
Inflation Hits Your Shopping Cart: Get Ready to Pay More!
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One Liner: Brace yourselves! Daily essentials are becoming pricier as consumer goods companies hike prices to offset rising costs.
Shopping just got more expensive, thanks to consumer goods companies raising prices across a range of products. The rising costs of raw materials and logistics have pushed companies to pass on the extra burden to consumers. Essentials like packaged foods, personal care items, and household goods are now significantly pricier, making budgeting more challenging for families. So, next time you're at the checkout, don't be surprised if your total is a bit higher than usual 😰💣
START-UP
Bira 91 Brews Up $25 Million, Cheers to New Horizons!
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One Liner: Craft beer champ Bira 91 taps $25 million from Kirin Holdings to foam up expansion and lift a $50 million funding round.
The infusion of the Indian craft beer favorite Bira 91 with Japan's Kirin Holdings in a $50 million funding spree will fuel its expansion, particularly in North India, where it plans to ramp up its manufacturing footprint. The fresh capital not only boosts their supply chain but also helps them maintain their growth streak amidst heavyweights like Heineken and Carlsberg. Cheers to a future where Bira 91 continues to clink glasses with global investors and local beer lovers alike 🍺🙌
ENERGY
Coal India Ventures into Argentina for Lithium Bonanza
Coal India to Argentina “This is what we need👆️”
One Liner: Coal India teams up with a U.S. company to hunt for lithium in Argentina, aiming to power India's EV future and challenge global suppliers.
In a bold move to secure critical resources for electric vehicle batteries, Coal India is diving into the lithium game by exploring assets in Argentina in collaboration with a U.S. company. This will reduce reliance on imports and boost its green energy initiatives. The project underscores India's ambition to become a significant player in the global lithium market, potentially reshaping the supply chain dynamics currently dominated by countries like China! 📈💪
WORLD
Thailand
Kansas has taken a bold step by suing Pfizer, alleging the company misled the public about its COVID-19 vaccine's safety and effectiveness. Filed in Thomas County's District Court, the lawsuit claims Pfizer concealed vaccine risks while making misleading statements, breaching the Kansas Consumer Protection Act. The state seeks unspecified damages in response to Pfizer's alleged deceptive practices regarding the vaccine's safety and efficacy, marking a significant legal move in the ongoing discourse surrounding COVID-19 vaccines.
Adani Ports has secured environmental clearance for its Rs 45,000 crore expansion project at Mundra Port, Gujarat. The approval enables boosting Mundra Port's capacity to 320 million metric tonnes per annum by 2030, enhancing its role as a global trade hub. Adani Ports' green light underscores its commitment to advancing India's shipping sector and championing sustainable development in transportation.
Thailand is set to become the first Southeast Asian country to legalize same-sex marriage, marking a historic milestone in the region. The move follows Thailand's Cabinet approval of a landmark civil partnership bill, granting same-sex couples the right to register unions and access legal protections akin to heterosexual marriages. The legislation is expected to foster greater societal acceptance and support for the LGBTQ+ community, reflecting Thailand's evolving social landscape.
GUCCI
ANSWER TIME!!
Answer (Trivia) : The Tardigrade, also known as the water bear
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