Author: Nmn437

Sigh of relief for the laptop, and tablet manufacturing companies as government delays its decision of the import restrictions of laptops, and tablets till 31st  October, 2024. On Thursday government released a notification stating restrictions on the import of laptops, tablets, and personal computers with immediate effect. The reasons cited for the import curbs were to promote self-sufficiency and security perspectives. This surprised the industry executives as the move was sudden and unexpected.  Companies like Dell, Apple, Lenovo, HP, and Asus are the main seller in Indian market. They are expected to be the hardest hit. Latest notification on import…

India is currently facing an outbreak of conjunctivitis, commonly known as ‘red eyes,’ a contagious eye infection. The situation has led to a significant influx of patients at AIIMS Delhi, with over 100 cases reported daily.  Doctors and health experts have noted that there is typically a surge in conjunctivitis cases during the monsoon season each year. However, this year has seen an unusual increase in eye flu cases, which is attributed to the heavy and continuous rainfall, leading to flooding in various areas. Reason for the influx of red eyes This contagious eye condition involves the inflammation of the…

On Tuesday, the credit rating agency Fitch downgraded the US government’s top credit rating, citing anticipated fiscal deterioration in the coming three years and an increasing burden of general government debt. The rating has been downgraded to AA+ from AAA. Interestingly, the downgrade comes after an agreement was settled between the Republicans and Democrats to lift the ceiling of government borrowing. US Treasury Secretary Janet Yellen disagreed with Fitch’s downgrade, labeling the credit rating as “arbitrary” and founded on outdated data. Credit Rating Downgrade meaning In short, a credit rating downgrade is like receiving a lower score on your financial…

The final day of the last test was a dream come true for Stuart Broad. The last delivery of the Ashes 2024 saw Broad get his 604th wicket and England levelling the series 2-2. Wicket in the final delivery of his international career must be a fairy tale ending for Stuart Broad. The thunderous nonstop applause from English supporters was something worth watching. After the match, Stuart Broad took Moeen Ali with him around the ground to accept the roaring appreciation from the crowd. Moeen Ali cleared the air of not playing test matches anymore. It was the conversation with…

A suicide bomb blast took place at a political rally in Pakistan. At least 44 people have been killed and around 200 are reported to be injured. The blast occurred during a rally on Sunday of conservative Jamiat Ulema Islam-Fazl (JUI-F) party in Bajaur district which borders Afghanistan. The party is known for links with hardline political Islam. The provincial police reported that the suicide bomber detonated his explosives near the stage where several senior leaders were present. According to police officials, the banned outfit Daesh (ISIS) may be behind the attack. Three suspects have been arrested by the police.…

The 3rd day of Ashes was filled with ample of runs scored by the England team. The Australian bowlers worked hard to get 9 wickets for a score of 389. England team continued their bazball style on day 3. With a lead of 377 England looks in a commanding position.  It would be interesting to see how the Aussies approach in the 4th innings. Despite so much action-packed cricket. The major highlight was Stuart Broad’s announcement of retirement. Broad said to sky sport “Tomorrow – well Monday – will be my last game of cricket. It’s been a wonderful ride,…

The Federal Reserve of the United States increased its benchmark overnight interest rates by a quarter percentage (.25%). This is the 11th rate hike in the previous 12 meetings of the Federal Reserve.  The hike has set the benchmark overnight interest rates in the range of 5.25% – 5.50%. It is worthwhile noting that this level was seen just before the housing market crash in the year 2007. The decision led to a modest increase in 2 and 10 years bond yield This is the highest level in the last 22 years. “Voting for the monetary policy action were Jerome…

Former Rajasthan minister and MLA from Udaipurwati assembly constituency in Jhunjhunu district, Rajendra Gudha raised  attack on Gehlot government further. He criticized his own government over security concerns for women. Reason for being sacked. After the horrendous video of Manipur girls being paraded naked went viral. The Congress and all major opposition launched an all-out attack on the Modi government. Since then opposition has been demanding PM’s statement in parliament over the Manipur issue and the reason why he was silent for so long. Interestingly, during the ongoing protest of the opposition on July 21, Mr. Rajendra Guha attacked his…

Govt. & Opposition standoff With both sides showing stubbornness over the Manipur row, the monsoon parliament session for the fourth day is also expected to show no progress. The opposition is adamant on their demand for Prime Minister Narendra Modi’s statement in the parliament on the Manipur issue. Union Home Minister Amit Shah stated that the Centre is ready for the discussion on the sensitive issue of Manipur and is ready to make people aware of the situation in Manipur. The government is trying to resolve the issue through discussion. They alleged that the opposition is not allowing discussion on…

Gujarat Rain fury ‘Orange alert’ has been issued for the state of Gujarat for the next 24 hours as Indian Metrological Department (IMD) predicts heavy to very heavy rainfall. Extreme heavy rainfall is predicted in the districts of Devbhumi Dwarka, Rajkot, Bhavnagar, and Valsad for the next 24 hours. Two national highways, 10 state highways, and more than 300 rural roads were affected due to flooding. Union Home Minister Amit Shah called Gujarat Chief Minister Bhupendra Patel to enquire about the situation in Gujarat. The major regions affected so far The incessant rain has so far caused a flood-like situation…