news

MAHARASHTRA, THE PRESIDENT’S RULE DISSECTED In the recent turn of events, Maharashtra has been taken over by the powerful. President’s Rule has been introduced in the financial capital of India after the failed attempts of Shiv Sena, NCP and BJP to stake claims to power 20 days post the election results by Governor Bhagat Singh Koshyari. The wise have said, in a democratic setup, if a doubt seeps in, ask the people. In spite of all the noise that these events have stirred, political parties across the state have been…

431 KILOMETRES “CORRIDOR OF PEACE” TO GURU On Tuesday, 12th November 2019, Indian Sikhs finally received the biggest gift they had asked for on the 550th birthday of their Guru (Teacher), Guru Nanak Dev. The Kartarpur Corridor is an answer to millions of prayers by the pilgrims who yearned to see the site where their Guru settled and assembled the community and lived till his last breath. Kartarpur Corridor, a 431-kilometre long corridor that not only connects Sikhs to their Holy Site but also the two nations India and…

IMPACT OF DEMONETISATION AFTER 3 YEARS Three years ago, on this day, demonetization was announced declaring 86 percent of the currency in circulation invalid. Prime Minister Narendra Modi made the shocking announcement of banning the use of old 500 and 1,000 rupee notes with a view to curb black money, promote digital payments and makes the country a less-cash economy. While bringing demonetization, Modi had said that demonetization is vital to break the back of terrorism and corruption as it will eliminate the black money…

McDonald’s CEO fired over “Consensual Relationship” McDonald’s Board of Directors fires Steve Easterbrook from the position of CEO for violating the company policies. The board released a statement saying that “he demonstrated poor judgment involving a recent consensual relationship with an employee.” This is now a major part of the corporate culture and responsibility in which a CEO is being held liable for the violation of workplace relationships policy. Due to this more than a dozen CEO’s of major corporations were…

Maharashtra, Haryana Assembly Election Results 2019 The result of 2019 Harayana and Maharashtra assembly elections which took place on 21st October is set to declare today.  The counting of votes was started at 8 AM and the final result will be announced in the evening. In both the states, the Bharatiya Janata Party (BJP) is leading and hoping for a dominating win. This is the first major election after BJP won the Lok Sabha election earlier this year with 303 seats from 543. This year, voters in both the states have shown…

Whistleblowers Exposed Infosys Amoral Acts The leading IT Company of India, Infosys has been under pressure as the company’s audit team is focusing on the anonymous whistleblower's complaints alleging unethical practices. The chairman Nandan Nilekani in his statement to the stock exchange today, said that the CEO and CFO have been rescued from the matter to ensure independent investigation against the top executives. The company’s shares have been affected negatively by the news and are constantly getting slumped. The…

Indian-American Abhijit Banerjee Won Nobel Prize in Economics Since the day of its inception, the Nobel Prize for economics has been given every single year. This year, an Indian-American Abhijit Banerjee with Esther Duflo and Michael Kremer was awarded with this prestigious award. Duflo and Banerjee are married to each other from the last four years and they are the first couple to win a Nobel Prize in economics and overall sixth couple to win Nobel Prizes. Banerjee and Duflo are professors at Massachusetts Institute of…

Sourav Ganguly - The Next President of BCCI In an informal meeting on Sunday in Mumbai, all the units affiliated from BCCI had finalised the names of their new office persons. An agreement is formed between the units of BCCI to make the former Indian Captain and the current president of CAB (Cricket Association of Bengal) Sourav Ganguly to be the new president of BCCI. Sourav Ganguly has been serving as the president of CAB and his experience as a player, captain and a mentor will benefit Indian cricket. He was also the…

Why Google is Celebrating Kamini Roy’s Birth anniversary? Google Doodle is celebrating the 155th birth anniversary of a leading Bengali poet and social reformer, Kamini Roy. She was the first woman to graduate with honours in Indian history, which went on to advocate for the rights of all women. She had dedicated her entire life to the education and rights of women during British India. Born in 1864, the Bengali poet was ahead of her time with her thinking and scholarship. Her legacy remains as the first woman in India to…

Forbes India Rich List 2019, Know the Leading Names Because of the challenging year of the economy, both the number of billionaire and their total net worth shrank. Recently the 2019 Forbes India Rich List released in which more than half of India’100 richest saw a decline in their wealth. It proves that even the wealthiest are not immune to economic force and weak stock markets. Despite of slow economy, some tycoons saw big gains to their fortunes. Businessman Mukesh Ambani again became the richest person in India. This…

New Call Charges, Facts Jio Users Must Know Since its inception in 2016, Reliance Jio has been offering free calling services in India with voice-over-DTE to provide voice services on its 4G network. However, the telecom industry might be lining up in a big shakeup as a significant player in the market, Reliance Jio, will now charge the Interconnect Usage Charge (IUC) from its subscribers for calls they make leading to new call charges. Here are the facts Jio users must know: The IUC is the tariff paid by one mobile…

India Gets its 1st Rafale Jet on IAF Day Indian Air Force welcomes its first Rafale jet after a procurement process of 15 years. On Tuesday, 8th October 2019, Indian Defence Minister Rajnath Singh took at sortie in the combat aircraft at the receiving ceremony, on the Indian Air Force Day on 8th October 2019. This day was officially started in the year 1932 to increase the awareness of Indian Air Force in any organisation of the national security both officially and publicly. Indian Air Force or “Bhartiya Vayu Sena” is a…

Instagram Introduced Dark Mode Feature With the introduction of IOS 13 by Apple last month we have seen some new and stimulating features in iPhone 11 series. One of the most exciting features introduced by Apple is the dark mode. After three weeks of this update the biggest social media platform, Instagram has updated its platform by supporting IOS 13 dark mode. This feature is not only for Apple users but also for android customers using Android 10 or above. Some people do not like the white background of Instagram…

The 2019 Nobel Prize Winners in Medicine The 2019 Nobel Prize for Medicine has been jointly awarded to three physician-scientists from the U.S. and Britain- William G. Kaelin, Gregg L. Semenza, Peter J. Ratcliffe for their pioneering research of how cells sense and to adapt to oxygen availability. The discoveries by the trio illuminated how cells adapt to oxygen levels that are vital for life and mainly used to convert food into energy. Their discovery helps in explaining how, at high altitudes, the body adapts to thinner…

IRCTC IPO breaks all record - Subscribed 112 times On Thursday 3rd October, initial public offering (IPO) of Indian Railway Catering and Tour Corp. (IRCTC) was closed and has recorded to have the highest-ever subscribers for a public issue of a company which is owned by government. NSE data shows that the IPO which was aimed to raise Rs. 645 Cr. was subscribed 112 times and received a bid of over Rs. 225 Cr. shares when compared to the total size which was Rs. 2.02 Cr. for Rs. 315 to Rs. 320. According to the Prime…

YOGI ADITYANATH TO FLAG OFF TEJAS EXPRESS— INDIA'S FIRST PRIVATE TRAIN The Chief Minister of Uttar Pradesh, Yogi Adityanath finally flagged of the first private train of India, the IRCTC Tejas Express between Lucknow and Delhi. With this launch, passengers will now get to travel between Delhi to Lucknow during the festive season with world-class luxury and comfort.  The launch of this train during Navratras and the festive season is a perfect gift for business travellers and tourists. This train will cover the journey…

          Amit Shah Flags Off Delhi-Katra Vande Bharat Express Union Home Minister Amit Shah has given a great “Navratri gift” to Jammu and Kashmir by flagging off the new Vande Bharat Express train from New Delhi Railway Station to Vaishno Devi, Katra, and Jammu. It is considered as a big milestone in the development of the Jammu & Kashmir and for promoting religious tourism. Widely famous as Train 18, the Vande Bharat Express will start its commercial run on October onwards. The book of tickets is open on the website…

Google Honours Dr Herbert Kleber A legendary scientist who pioneered addiction psychology, Dr Herbert David Kleber was honoured by Google with a Doodle on the 23rd anniversary of his election to the National Academy of Medicine, a volunteer organization that provides advice on health and medical advice. Dr Herbert Kleber dedicated his life to treating the drug addiction. His 50 years of continuous efforts were directed towards studying the causes of substance abuse and developing treatments to reduce the effects of…

7 Best Tech based start-ups in India that transformed into successful companies In this age of digitalization, Internet speed and mobile data have reached a new level. This has been the reason why most of the Indian start-ups have risen to a billion-dollar mark. The average time in which a company reaches a billion-dollar mark is around 5-7 years in India and this number is improving rapidly. These 7 start-ups in India had crossed the mark of $1B recently and are emerging in their respective industry. Policy Bazaar…

Google Celebrates its 21st Birthday On this Friday 27th September 2019 our favourite search engine, Google turns 21. Google is celebrating its 21st birthday with a doodle that gives us a nostalgic feeling. The doodle shows an image of a bulky computer in which the monitor shows Google’s search screen like it was on 27th September 1998. The world’s biggest search engine was started as a project by two friends Larry Page and Sergey Brin in their hostel room. Google doodle shows how a desktop computer looked like 21 years ago…

REAL ESTATE SECTOR, ANNULLED FROM THE ACTUALITY OF THE SCENARIO Amplification in the supply of affordable homes and the requirement to meet the objective of ‘Housing for All’ has landed the developers of these projects in a tax holiday on profit situation. Under section 24B of the Income Tax Act, deductions have been permitted to the consumers up to Rs. 2lakh interest payments on loans for houses for properties occupied by self. Nirmala Sitharam, Finance Minister, in her July budget quoted permission for further deductions…

IRCTC May Hit the Market with IPO on 30th September The state-owned Indian Railway Catering and Tourism Corp. Ltd (IRCTC) plans to launch its Initial Public Offering (IPO) immediately after the sharp turnaround in the market with benchmark Sensex, which gained 8% or 2899 points after the government cut corporate tax on Friday. The Indian Railway and Tourism Corporation (IRCTC) is the subsidiary of Indian railway that handles ticketing and catering operations. The stake sale will be bringing down the government share in the…

Trump's Mocking Comment to Young Climate Activist Greta Thunberg's Video Delivering a fiery speech at the United Nations Climate Summit at the UN headquarters on 23rd September 2019, Greta Thunberg is a young climate change advocate that forced everyone present at the summit as well as across the world to focus on the issue. After an emotional opening speech and questions that took over world leaders present at the summit, various leaders from around the world praised the girl while President Trump tweeted the video with a…

RBI puts Mumbai Based PMC Bank under Directions Bank account holders of the RBI restricted Punjab and Maharashtra Cooperative Bank (PMC Bank) are in a state of panic as restrictions are imposed on the customers and they can’t withdraw more than Rs. 1000 for 6 months.  The limits have been put on the withdrawal from the urban co-operative bank by the apex institute of Reserve Bank Of India on Tuesday, 24th September 2019. The frightened account holders have been spotted in widespread chaos and panic outside the branches as…

PM Imran Khan Admits Pakistani Army and ISI Trained Al-Qaida Pakistan Prime Minister Imran Khan caught the media attention of whole the world by making an explosive disclosure that the Pakistani army and ISI trained al -Qaida and other terrorist groups to fight in Afghanistan. Speaking at an event at the Council on Foreign Relations (CFR) think tank in New York on Monday, Imran Khan was questioned whether there was a Pakistani probe to acquire how Osama bin Laden was residing in Abbottabad. In the answer, he stated “We had…

Ajnara Group to Invest Rs 300 Crore on Housing Project in Ghaziabad Recently, the realty firm Ajnara group made an announcement that it will invest over 300 crores to construct a housing plan in Ghaziabad, Uttar Pradesh. According to the report, the company will build a total of 450 units in this 5.6-acre residence outline at Raj Nagar Extension, Ghaziabad. The total saleable expanse in this project would be 7.85 lakh sq ft residential and 1.25 lakh sq ft industrial. As the housing market in India is passing through…

World Rabies Day: An initiative towards Awareness with “Vaccinate to Eliminate” An opportunity to unite as a community against a life-threatening disease, 28th September 2019, the date will be marked as the thirteenth world Rabies Day. The initiative is the first and only global platform that focuses on action towards the disease, including awareness, vaccination, and various other aspects. Various groups of people, NGOs, and governments connect and share their work across the world. Rabies, a disease that has taken…

Bold Move by Government - Corporate Tax Cut To 25.2% To save the crashing down of the economy, the government has decided today to cut corporate tax on domestic firms. Manufacturing which is one of the top contributors to the GDP (Gross Domestic Product) was also been affected by fewer demands across all sectors. After Finance Minister Nirmala Sitharaman announced this market rose with immediate effects, after few days of rough trading, S&P BSE Sensex rushes over 2,100 points and the NSE Nifty scale above 11,250 marks.…

Rugby World Cup 2019: Major Dates and Complete Information You Need to Know The 2019 Rugby World Cup is started. The opening ceremony and first match will kick off in Japan and different countries from all across the world will come here to compete for the Webb Ellis Cup. Through this article, we have tried to cover all the information that you need to know regards to this game. When does the Tournament Start? The 2019 Rugby World Cup is started from Friday 20 September and it will run till 2 November. Where is the Game…

India to Host ‘World Tourism Day 2019’: Theme, History and Celebration All travellers out there; mark your calendar!  World Tourism Day is here. Get ready to celebrate this special day, as India is going to host World Tourism Day this year. World Tourism Day is celebrated every year with a unique theme for making people aware across the world. World Tourism Day: A Brief Overview The World Tourism Day is celebrated since 1980, on the 27the September. The idea was taken in 1979 during the 3rd Session of UNWTO General…