😀 Your Wednesday 2-min Update to the World!

Hey Hey! How is the mid-week, Otter community?

In today’s edition: Scams to beware of!; Don’t hold your breath for RBI; Stocks hitting all-time high; South Asian ‘Job Conundrum’ and tech world updates you don’t want to miss

TODAY’S HIGHLIGHTS

1. 🇮🇳 India-EU trade talks commence🤝: India-Eurasian Economic Union free trade talks begin, eyeing greater market access📈 for Indian goods in Russia-led bloc🌍

2. ⚠️ Beware of "juice jacking"⚡: Indian govt warns millions against "juice jacking" attacks via public USB chargers🔌, risking data🔒 and money theft💸

3. 📞 DoT combats call forwarding scams 🚫: DoT suspends USSD call forwarding for millions from April 2024 📅 to combat rising bank account scams💰

4. 📊 RBI holds rates, inflation persists 🔥: RBI to hold rates steady for 7th time⏳ amid growth📈, easing inflation💸, boosting Modi's election prospects🗳️; retail inflation persists📉

5. ✈️ IndiGo-Malaysia Airlines' seamless connectivity 🌏: IndiGo-Malaysia Airlines codeshare deal🤝: Seamless travel to 9 Indian hubs🇮🇳 with 71 weekly flights ✈️

THE MARKET MOVEMENT

1. Telecom: 📈 Vodafone Idea's Rs 20,000 cr boost 💰 Stock surges 2% as fundraise approval unlocks revenue opportunities for Nokia and Ericsson 📡, amid 5G and 4G upgrade push to rival Airtel and Jio 🏆

2. Metal: 🚀 NALCO's record-shattering FY24 🎉 Cast metal production hits 4,63,428 MT 🌟, metal sales soar to 4,70,108 MT 📈, bauxite excavation reaches 7,600,230 MT 💪; Stocks at 52-week high 📊

3. Power:⚡ Adani Power's unstoppable rally 📈 Stock hits all-time high, surging 18.4% in four sessions 🔥; Market cap reaches Rs 2.33 Lakh Crore 💰, signs 20-year power deal with Reliance 🤝

4. Energy: 🌟 JSW Energy's QIP-fueled expansion 💸 Stock hits 52-week high as company plans to raise Rs 5,000 Crore 💰, eyes growth through acquisitions and renewable energy projects 🌿

GEOPOLITICS SPOTLIGHT

1. 🇷🇺 Putin's Expansionist Ambitions: Targeting the Western Balkans 🇸🇰🇽🇰🇸🇮 as the next frontier of Russian influence; Planned distractions for NATO 🌍💥

2. International outcry as Israeli strike kills 7 aid workers in Gaza, IDF chief apologizes for 'grave mistake' 😢💔

3. 🌍🏦 World Bank Warns South Asia of 'Squandered Demographic Dividend' as Job Growth Lags Behind Working Age Population Rise 📉💼

4. 🇯🇵 Japanese service sector expands at the fastest pace in 7 months, driven by 🏞 strong inbound tourism and 🏯 solid demand, despite manufacturers noting softer contraction in production 🇯🇵📈👍

5. US 🇺🇸 vs. China 🇨🇳: Biden and Xi clash over US tech restrictions and Taiwan ⚔ in telephone call, as two top US officials prepare to visit China amid tensions 🇺🇸

6. 🇺🇸 Biden administration mandates US agencies to prevent 🤖discriminatory AI use, requiring transparency, risk assessments, and chief AI officers by December 1, as the government expands ethical AI applications 

TECH NEXUS

1. 🇮🇳 India's dark cloud exposed ☁ : Indian government's cloud service exposed hundreds of sensitive documents, including Aadhaar numbers 🔢, COVID-19 vaccination data 💉, and passport details 🛂, for over a year despite researcher's warnings ⚠️

2. 🕵️‍♂️ META's privacy breach scandal 📩: Facebook provided Netflix with API access to users' private messages 🔒; Denies claims despite court filing alleging "special relationship" and programmatic inbox access 📥, as Elon Musk amplifies claims on X 📣

3. 🚀 Amazon's $150B data center vision 💰: Amazon unveils staggering $150 billion plan to build data centers over 15 years 📅, aiming to dominate AI and digital services market 🌐 while prioritizing sustainability ♻️

4. 🎤 Musicians unite against AI exploitation 🎵: Over 200 top musicians, including Billie Eilish and Katy Perry 🎶, urge tech giants to stop training AI models on their work without permission ⛔, warning of "catastrophic" consequences for artists 😱

1. 🤖 Indeed's AI-powered job hunt 💼: Indeed adds AI-powered features to help job seekers create resumes 📝 and work experience descriptions 📋, provides recruiters with AI-assisted candidate summaries 🧑‍💼 and messaging tools 💬 to streamline hiring process 🛠️

2. 🚘 Xiaomi's SU7 electric sedan soars 📈: Xiaomi's pioneering electric sedan, SU7, amasses over 100,000 orders as deliveries commence 🎉, signaling strong demand despite potential losses of $10,000 per car 💸 and a 3% dip in shares following a 16% surge 📉 vaccination data, and passport details, for over a year