1.Canadian Prime Minister Justin Trudeau has expressed disappointment that Ukrainian President Volodymyr Zelenskyy has not been invited to the intergovernmental forum G20’s summit in New Delhi next month while assuring the latter that they will speak up strongly and continue to ensure the world is standing with Ukraine.-hindustantimes.com
2.After Prime Minister Narendra Modi and Chinese President Xi Jinping had a brief conversation as they shared the stage in South Africa during the BRICS summit, China's foreign ministry said the two leaders had a “candid and in-depth exchange of views” on the current relations between the two countries.-hindustantimes.com
3.PM Modi hailed the Chandrayaan-3 mission creating history by achieving a soft landing on the lunar surface and said “India is now on the moon”After concluding his two-nation visit today, from Greece Prime Minister Narendra Modi will head straight to Bengaluru, Karnataka on a pre-scheduled visit. He will meet scientists of the ISRO team involved in the Chandrayaan-3 Mission.-himdustantimes.com
4.Indian Institute of Technology (IIT) Bombay has received a ₹153 crore ($18.6 million) anonymous donation for a green energy and sustainability research hub. This is the largest individual contribution received by IITB after Nandan Nilekani's ₹315 crore ($38.5 million) donation in June. The hub will focus on evaluating climate risks, developing mitigation strategies, advancing renewable energy sources, and fostering interdisciplinary collaborations. It will also facilitate research in battery technologies, solar photovoltaics, biofuels, clean-air science, flood forecasting, and carbon capture.-hindustantimes.com
5.Rameshbabu Praggnanandhaa finished as a runner-up in the 2023 Chess World Cup on August 24 after losing to five-time world champion and current World No. 1 Magnus Carlsen. Following Praggnanandhaa's impressive performance, Anand Mahindra has now praised him for his remarkable display of skill and determination in the 2023 Chess World Cup.-hindustantimes.com
6.The Indian rupee opened marginally lower against the US dollar on Friday, snapping three-day gaining streak, as the dollar index reached near two-month high amid cautiousness ahead of Federal Reserve Chair Jerome Powell's speech. The local currency opened at 82.58 as compared to previous close of 82.57 a dollar.-livemint.com
7.As many as 60 high-profile guests from 26 opposition parties, including chief ministers, former union ministers, are expected to participate in the INDIA bloc meeting to be held in the city on August 31 and September 1. The Maharashtra Vikas Aghadi (MVA) coalition has booked around 175 rooms at Grand Hyatt Hotel for the two-day conclave.-hindustantimes.com
8.Reliance Industries has signed an understanding with The Oberoi Hotels and Resorts. Reliance through its Reliance Strategic Business Ventures Limited owns nearly 19% of Oberoi's EIH Limited. The two will jointly manage two properties in India and one in the United Kingdom.-livemint.com
9.Prominent hospitality brands, including Taj, Oberoi, Hyatt Regency, and others, are aiming to acquire heritage properties such as kothis and havelis in Uttar Pradesh, under a heritage tourism blueprint.The state government has unveiled an ambitious plan to offer premium heritage properties to private players in select towns like Lucknow, Mathura, Kanpur, and others.-business-standard.com
10.Lemon hotel reported Q1FY24 consolidated revenue of INR2.2bn (up 16% YoY) in line with I-sec estimates as portfolio ARRs grew 8.6% YoY to INR5,237 while occupancies also increased by 514bps YoY to 70.2% resulting RevPAR growing 17% YoY to INR3,678. As per the company reports, July’23 occupancies have trended higher than Q1FY24 occupancy of 70% and initial wedding season demand for Q3FY24 is strong.-hotelierindia.com
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