Author: Rahul

The Nifty touches 16400 points and the Sensex ends the day in the red. Metals shares dragged while automobiles also came under pressure.  At the end of the day, the Sensex was down 37.78 points at 54,288.61, while the Nifty maintained 51.50 points which are 0.32% lower at 16,214.70.   The day started firm but the market couldn’t hold to an early upsurge and ended marginally lower. The index tested the 164000 points where it has been facing resistance recently. The Nifty metal index is witnessed massive sales and there is the possibility that there is going to be more sell-off. …

The Quadrilateral Security Dialogue is an informal strategic group of four countries which are India, Japan, Australia and the United States. What is Quad? During the Indian Ocean tsunami India, Japan, Australia and the US came together and formed an informal alliance to collaborate on relief efforts. In 2007 the Prime Minister of Japan, Shinzo Abe for the first time put the idea of a formalized alliance among the four nations. Democracy was supposed to be the uniting factor among these four and maritime security in the Indo Pacific was the main concern of the group. Unfortunately, this idea didn’t…

After the initial defiance of the orders, the Taliban government started enforcing the order which led to most female anchors covering their faces on Sunday news. The new Taliban government, on Thursday, ordered all-female news anchors in the country to cover their faces while on air, keeping all the promises of a considerate rule on the bay. This didn’t come as surprise to most people as earlier in May, a decree was issued for women to cover up head to toe only revealing their eyes. After the Ministry for the Propagation of Virtue and the Prevention of Vice took a…

WHO is holding an emergency meeting on Friday after the recent outbreak of Monkeypox, a viral infection which has been spreading in Africa since the 1970s but this time it has reached Europe and the Americas. Cases have been reported in many European countries such as Belgium, France, Germany, Italy, the Netherlands, Spain, Sweden, the United Kingdom, and Portugal as well as in the United States, Canada and Australia also. Strategic and Technical Advisory Group on infectious Hazards with Pandemic and Epidemic Potential (STAG-IH), is the WHO committee, which advises on the infection risks that could prove detrimental to global…

PM Modi will be heading to Tokyo where he will have bilateral discussions with the Japanese Prime minister, Fumio Kishida; Australian PM, Scott Morrison and US president Joe Biden. The summit will be held in the Japanese city Tokyo on 24 May. PM Modi is scheduled to meet Japanese business leaders and Indian people residing in Japan. It goes on to prove that Mr. Modi has really learned the art of commoditising the Indian influence abroad. The MEA spokesperson added that, “We attach a lot of importance to the Quad. We have been keen to share what the quad can…

Russia retaliated by expelling diplomats from Italy, France and Spain after these countries sent back Russia’s diplomats. The Russian foreign ministry expelled 34 French diplomats and gave them two weeks to leave the country. The Russian ministry of foreign affairs summoned France’s ambassador to Russia and told him that the expulsion of 41 Russian diplomats was a “provocative and unfounded decision.” The Ministry informed that 27 employees of the Spanish embassy also “have been declared person non grata” and will need to leave the country within seven days. Maria Zakharova confirmed that 24 Italian diplomats have also been expelled. Russia has…

The finance ministers of the G7, in their meeting in Bonn, discuss about granting 15 billion euros in aid package for Ukraine. This aid package is going to help the Ukrainian economy, paid in the form of grants over 3 months and unlike the debts it doesn’t have to be repaid. This is going to support the Ukrainian economy which has been suffering since the war started. The US had offered to contribute half of the aid worth 7.5 billion as the G7 ministers wanted to agree on a joint communique. Russia’s criticism: Russia responded by saying it would be “outright…

Members of the constitutional convention met on Saturday in Santiago to vote on the draft constitution. Negotiations for the new constitution have been going on for the last 10 months. Chile, a Latin American country, has finalized the draft for a new constitution and if it gets enough support in the September plebiscite, its set to replace the constitution made during the authoritarian rule of Augusto Pinochet. The draft constitution has 499 Articles which are to be reviewed and unified in the Harmonization Commission. Citizens will receive a proposal for a new constitution by July 5 at the latest, which is to…

Controversial PM Thatcher’s statue egged within hours of installation. People were seen booing, commenting and egging her statue which was installed at her native city Granthan The new statue of Former British Prime Minister’s was pelted with eggs after a few hours of its installation. The statue was originally supposed to be at Westminster Parliament but it got rejected because parliamentarians thought it was too early after her death in 2013. Controversial PM Thatcher’s statue egged within hours of installation .Therefore, it was placed at her native place Granthan, Lincolnshire on Sunday morning without any official ceremony. It immediately faced resistance…

North Korea has reported 21 more deaths as it continues to suffer from the first covid wave. North Korea has reported 175,000 new cases and 21 have died from “fever” as the east Asian nation grapples with the first wave of Covid 19. North Korean president, Kim Jong Un, has accepted that the country is going through a covid outbreak and called it a “great disaster “. President Kim called a meeting to discuss the strategy to fight with the Covid. There he described the outbreak as ”Huge disruption” and asked for unity between government and people. The South Korean…