Author: Kounish.sarkar

In light of the “severe” heatwave conditions, West Bengal Chief Minister Mamata Banerjee announced on April 16 that all educational institutions in the State would be closed the following week. Children have recently reported experiencing headaches and other health problems after returning from school, according to Ms. Banerjee. The Bengali government’s action coincides with an intensifying heat wave in the state. Considering the terrible heatwave circumstances, Mamta Banerjee announced on Sunday that all educational institutions, including schools, colleges, and universities, will be closed from Monday through Saturday the next week. Speaking on a Bengali News channel during this time, she…

Raghuram Rajan, the former IMF chief economist, said that the financial sector was doomed to more volatility following the bailouts of Silicon Valley Bank and Credit Suisse. Rajan foresaw the world financial disaster more than ten years in the future. Several weeks after the failure and subsequent rescue of two big banks, new problems may be developing for US financial institutions. After the rescues of Silicon Valley Bank and Credit Suisse, the former chief economist of the IMF, Raghuram Rajan, has issued a warning about new problems within the banking system.  The former governor of the Reserve Bank of India…

Amazon has already implemented two waves of layoffs across the organisation, but cost-cutting measures still need to be implemented. The world’s largest online retailer has declared plans to scale back employee stock awards as part of its remuneration structure. Approximately 100 employees from Amazon’s video games company had recently been let go, according to a memo from Christoph Hartmann, vice president of Amazon Games. Employees from Amazon’s San Diego gaming studio and Prime Gaming, a service targeted at members of Amazon’s primary loyalty programme, were among those laid off as part of an organisational restructure. Hartmann asserted that certain employees…

At a historic court session in New York on Tuesday that was held behind high security and a media frenzy around the world, Donald Trump turned himself in. The Republican billionaire is now the first president of the United States to be charged with a crime. The hearing, which is being broadcast live on television and includes rival protesters rallying outside, is a turning point for the US political and criminal justice systems and has the potential to completely change the 2024 presidential election, in which Trump is currently the presumptive Republican candidate. In response to several claims concerning hush…

On the strength of increased production and fresh orders, India’s manufacturing sector grew in March at its fastest rate in three months. But businesses cut staff for the first time in over a year. Furthermore, while production increased at the fastest rate since December, input cost inflation decreased. Data from March showed that new orders made with Indian manufacturers continued to increase. In addition, the growth rate was rapid and the fastest in three months. Businesses claimed that marketing initiatives were successful. As development drivers, resilient demand and competitive pricing were also mentioned. Another increase in production was supported by…

As the Ukraine-Russia war rages, Moscow has found itself reeling under an onslaught of sanctions and limitations. In light of this, President Vladimir Putin unveiled a new foreign strategy last week, designating China and India as its primary allies on the international scene. With the creation of a new currency, relations between the three countries (and a few others) now seem ready to advance. According to reports, the BRICS (Brazil, Russia, India, China, and South Africa) nations are looking into developing a single currency for intra-BRICS commerce. At the upcoming BRICS meeting in South Africa in August 2024, a new…

As part of a succession of cost-cutting initiatives announced in order to prioritise its work in artificial intelligence, Google is ending its renowned employee perks. According to a March 31 memo signed by Google’s chief financial officer Ruth Porat and the tech company’s search lead Prabhakar Raghavan, employees would no longer receive complimentary snacks, laundry services, and work lunches.  Google consistently ranks as one of the best locations to work because of the perks it offers to its employees. But for the company, the price of these advantages has increased significantly. Google has therefore decided to cut back on some…

During the presentation of the Finance Bill 2024 in the Lok Sabha on Friday, Nirmala Sitharaman, the union finance minister, declared that a committee will be set up to look into issues connected to pensions for public employees. The group will develop a strategy that meets employee demands while remaining fiscally prudent. Sitharaman cited suggestions for enhancement to the national pension system (NPS) for government employees in her statement. The suggested strategy would be created with both the federal government and state governments in mind. The decision was made in response to employee organisations’ demands in other states and the…

Cristiano Ronaldo is set to become the most capped international player of all time when Portugal faces Liechtenstein in the UEFA Euro 2024 qualifiers. Prior to the game, Ronaldo addressed his Manchester United departure and the possibility of retiring after the world cup exit, publicly for the first time. Ronaldo stated in a press conference before the match against Liechtenstein that his departure from Manchester United after his second run as a player was a bad phase of his career and that he was not happy with how things ended. However, he also expressed his gratitude for the support he…

When news got out that Lionel Messi was dining at the Don Julio restaurant late Monday night, hundreds of enraged football fans flocked to Palermo’s posh Buenos Aires neighborhood. In a mad rush to catch sight of the man who guided Argentina to its third World Cup victory, patrons flocked to the upscale restaurant. Messi required a police escort while leaving. The song “Muchachos” which became the unofficial anthem for the Argentina team that defeated France in a thrilling final in Qatar, was sung by fans on the street corner. Messi fever has firmly taken hold, reminding people of what…