Author: Mansi Parsana

According to the sources, India is soon to face a power shortage. Coal inventories are at their lowest and demand for electricity is rising rapidly as compared to the previous year, sources said.  Power cuts could be seen in the industries due to the circumstances, which would eventually affect the developing third-largest economy in Asia, which started to recover after the pandemic.  Power shortages as a percentage of demand soared to 1.4% last week, a Reuters analysis of government data showed that India was higher than the 1% deficit in October when it last faced a serious coal shortage.  At…

On Friday, Piyush Gohal, Commerce and Industry Minister, said that Egypt has approved India to be its wheat supplier and Egypt will receive wheat from India. Egypt is the largest importer of wheat from Russia and Ukraine. Due to the Russia-Ukraine war, there is a shortage in the global market as both are the major producers and exporters of wheat. Lately, Egypt exported wheat from Russia worth USD 1.8 billion and Ukraine worth USD 610.8 million in the year 2020. According to the sources, Africa is set to import 1 million tonnes of wheat and in April, 240,000 tonnes of…

Neol Corry, 56, the former Coca-Cola manager, accepted bribes from the other companies, helping them with the sensitive data of Coca-Cola, worth £1.5 million ($1.95 million, 1.8 million euros) or more. He shared the data with the companies like Boulting Group, Tritec Systems, and Electron Systems, from 2004 to 2013. The data helped the companies in winning the bids.  Corry, of Lymm, Cheshire, was suspended for 20 months and the companies involved were fined for the same.  Gary Haines, 60, of Market Drayton, Shropshire, was also suspended for 20 months, along with the former contract manager at Boulting, Peter Kinsella,…

Introduction Natural resources are being exploited at a rapid rate, causing global warming and resulting in climate change. With this. there is an increment and a decrement in the temperature depending upon the geographic place and condition, rainfall without season, harsh sunlight, snowfall, forest fires are increasing, melting of ice. People’s food and water demand are under threat due to climatic changes, flooding, extreme heat, and economic loss. According to World Health Organization, climatic change is the greatest threat to society in the 21st Century. Climate change affecting food security According to UNAI ‘Food Security and Climate Change’ series, food…

India: setting up a new milestone with export merchandise (India, in FY 2021-22, broke its record in export merchandise by setting a new milestone for the upcoming years. This new milestone is helping to plan for the next few years and grow the economy.) According to government data, India, one of the fastest-growing economies in the world, noticed a hike in India’s trade of 87.5 percent in FY 2021–22 compared to FY 2020–21, which was 102.63 billion. The total exports for the fiscal years 2021–22 increased to $417.81 billion, while imports were also raised to USD 610.22 billion. The trade…

On April 12, 2022, the RBI Governor, Bimal Jalan, said,” The Indian economy is in good shape with high a GDP rate and foreign exchange reserve this year.” The Russia – Ukraine war, affecting the global supply chain, is not going to affect the Indian economy, Jalan added in an interview. According to government data, India, Asia’s third-largest economy, is expected to grow at an annual rate of 8.9 percent between 2021 and 2022. While developing, Asia’s economies are predicted to grow by 5.2 percent this year and 5.3 percent in 2024. Developing Asia comprises 46 countries. Uncertainties projected in…

As it is known that France has two elections in the present year. The first election is for the election of the President of the Country for the upcoming five years and the latter is for the selection of Parliament. The voting for the first happened on Sunday, April 10, 2022. Emmanuel Macron, a French banker and politician who was elected as the President of France back in 2017, currently won the first half of the Presidential Election in France. Emmanuel Macron won with 27.6 % votes against the candidates Marine Le Pen with votes 23.4 %, and Jean-Luc Mélenchon…