Author: Ritik Pal

Student of journalism at Delhi School of Journalism, University of Delhi. Strong with pen and fascinating toward International Relations and geopolitics. Though also writes financial news stories.

Protesters demand complete energy transition before G7 summit - Asiana Times

The three day long G7 summit 2022 currently is underway in Bavarian Alps, Munich in Germany. But the large number of protesters linked with fifteen different organizations gathered in Munich on Saturday These demonstrations were held by activists who voice for better climate action, species protection and against hunger and poverty and  they were also critical of globalization, including Attac and environmental campaigners WWF. The demonstration was held for the demand for an energy transition from fossil fuel, protection of flora and fauna, social justice and action against hunger and poverty. Munich police Spokesperson Andreas Franken said,  only four thousand…

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Tories lost by-election, BoJo may survive another confidence vote - Asiana Times

Boris Johnson faced a major blow in conservatives core constituencies in the by-election. Tories lost Tiverton and Haniton seats in southwest England on Thursday. Pollsters said the Tiverton and Honiton race was tight, but Liberal Democrats won the election with a margin of more than 6,000 votes. Rural Tiverton and Haniton were the core constituencies of Tories for decades however, Wakefield is a northern district is a Labours core constituency that the Tories won in 2019 from Labour. But Wakefield seat also went from the Johnson party to Labour in this by-election as the previous Conservative legislator resign after his…

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Norway: ‘Terrorist attack’ happened in downtown Oslo just before the Pride event - Asiana Times

In the Norwegian capital Oslo, a suspected ‘terrorist attack’ happened on Saturday outside an LGBTQ pub. A gunman opened fire at three locations in downtown Oslo at 1 am local time and killed two people and 21 others wounded. Police Spokesperson Tore Barstad said 14 people are receiving medical treatment, and eight victims have been hospitalized. Police said that the arrested man has been identified as a Norwegian citizen of Iranian origin and they have seized two firearms a handgun and an automatic weapon in connection with the Oslo shooting. Police attorney, Christian Halto said the accused was under custody…

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Significant price drop in Vanaspati and Soyabean Oil

The wholesale and retail price of soybean oil, sunflower oil, vanaspati oil, and refined palmolein oil have decreased in a week. The downward trend of edible oil prices is a sign that the consumer can expect relief in their expense on FMCG products. The MRP of Fortune sunflower oil 1-litre pack has decreased price 210 from 220, the MRP of Fortune soybean oil 1 litre and the Kachi Ghani 1 litre pack has decreased to 195 from 205. The decline in the rates of edible oil is being seen because of the government measure of import duty reduction on edible oils.…

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Pakistan Punjab province declare emergency due to rising sexual abuse - Asiana Times

Pakistan Punjab province has declared an emergency due to rising sexual abuse cases against women and children. Punjab Home Minister Atta Tarar in a press conference on Monday said that “Four to five cases of rape are being reported daily in Punjab due to which the government is considering special measures to deal with cases of sexual harassment, abuse and coercion,” “To deal with rape cases, the administration has declared an emergency,” further he announced. The Law Minister Malik Muhammad Ahmed Khan stated that all cases will be reviewed by the Cabinet Committee on Rape and Law and Order, and…

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Recent TDS rules involve doctors, Insta and YouTube influencers

The new Tax deducted at Source rule will be applicable on doctors and social media influencers. The Central Board Of Direct Taxes released new guidelines which will be applicable from 1 July. A 10% TDS on benefits received from business for sales promotion will be payable by social media influencers If the product is retained by them. Though, if they return the product to the company, then this rule is not applicable on them. However, the new rules will be applicable to a person when the benefits received on sales promotions exceed 20,000 in a year to a resident. CBDT…

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Emmanuel Macron half victory in Parliamentary election, the discussion is ongoing on the Majority formation - Asiana Times

The Legislative Assembly elections results of the second round in France were announced on 20 June 2022. The result shocked the re-elected President Emmanuel Macron, who was elected second time on 13 May. The Macron’s coalition Ensemble! secured 246 seats in 577 members Legislative Assembly, below the majority mark of 289 elected members. The far-right Le Pen’s party Rassemblement Nationale (RN) won 89 seats in Assembly. It is an exceptional performance of Le Pen’s Party in the Legislative election, in 1986 and 1988 party had secured 32 seats under the name of Front Nationale which was the highest performance to…

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Pakistan

Financial Action Task Force said that Pakistan will remain in Grey list of terror financing until the group does not conduct an on-site inspection at the earliest possible date. “Pakistan’s continued political commitment to combating both terrorist financing and money laundering has led to significant progress,” the statement reads after the end of June plenary on Friday. FATF said that Pakistan has completed the 2 action plans including 34 points and FATF seeks an on-site visit to verify the implementation and sustainability of measures related to Anti-money laundering and combating the financing of terrorism and the improvement of such political…

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The constructive documentation of outcomes with India’s advances

The 12th Ministerial Conference concluded with a positive outcome on 17 June in Geneva. The Ministerial level discussion made the ‘Geneva Package’ include fisheries subsidy, waiver of certain requirements related to compulsory licensing for COVID-19 vaccines, food safety, and agriculture, and WTO reform. It is the first time since 2015 that an outcome document has been made. WTO Director-General Ngozi Okonjo-Iweala said on outcomes of the Conference that “the package of agreements you have reached will make a difference to the lives of people around the world. The outcomes demonstrate that the WTO is, in fact, capable of responding to…

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Four European leaders visit Ukraine, signalling a united European community

French President Emmanuel Macron, German Chancellor Olaf Scholz and Italian Prime Minister Mario Draghi came to Kyiv on Thursday. The three European leaders together are signalling for United Europe, as Russian attacks on  Ukraine are going on. European Leaders The European leaders have arrived on a special training from Poland to Ukraine capital. The leaders had arrived separately and met on the train which was left Poland in starting hours of Thursday. After reaching Kyiv, Macron, Scholz, Draghi and Romanian President Klaus Iohannis, who joined the trio group later on today, visited Ukrainian suburbs Irpine where Russia attacked the township.…

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