Author: Rasmita Jena

  • India Moves from Russia to Western Defense Suppliers: A Big Change!

    India Moves from Russia to Western Defense Suppliers: A Big Change!

    India is changing how it buys defense equipment. The country used to get a lot of its weapons from Russia, but now it’s buying more from countries like the United States and those in Europe. Indian officials say that plans to develop and make helicopters and advanced fighter jets with Russia were put on hold a while ago. Also, an idea to rent a nuclear-powered submarine from Russia for training purposes is unlikely to happen, as India is working on building its own submarines.

    Currently, the only items India is waiting for from Russia are two warships and parts for a missile defense system that were ordered before the war in Ukraine started. Last year, only 36% of India’s arms came from Russia, which is a big drop from 76% in 2009, according to a report from a think tank called SIPRI. This shift reflects Prime Minister Narendra Modi’s goal to rely less on Russia, even though India still buys affordable energy from them and supports President Putin diplomatically.

    India, which is the largest arms buyer in the world, is now purchasing more from Western companies and is looking to create its own weapons with help from the US and France. Since 2018, India has signed contracts worth nearly $20 billion for US-made weapons. Recently, it approved a deal for $3 billion for 31 long-range drones made by General Atomics, a major defense company from the US.

    India’s state-owned Hindustan Aeronautics Ltd. is about to finalize a deal with General Electric to produce advanced jet engines for new fighter planes. While Russian-made weapons tend to be cheaper, they often require frequent repairs, making them more expensive in the long run.

    Experts say India’s military is getting more comfortable with Western technology. The shift away from Russia shows Modi’s foreign policy focus, which tries to balance relations with both America and Russia. The ongoing war in Ukraine has also pushed India to buy fewer Russian weapons.

    India still relies on Russia for some military equipment, mainly spare parts for older weapons, which will continue to be used for many years. Additionally, India needs Russian support for nuclear submarines, as Russia is the only country that offers them. Until both sides can discuss nuclear issues, India’s partnership with the West will be incomplete.

  • Lok Sabha Speaker Threatens Weekend Sessions Amid Ongoing Disruptions

    Lok Sabha Speaker Threatens Weekend Sessions Amid Ongoing Disruptions

    New Delhi: Lok Sabha Speaker Om Birla warned the members of the House on Tuesday that if they keep disrupting the meetings, he will have to hold sessions on the weekend to make up for lost time.

    On Monday, the government and opposition groups agreed to end a week-long standoff in Parliament. They announced that they would discuss the Constitution, celebrating its 75th year of adoption. The Lok Sabha will discuss the Constitution on December 13 and 14, while the Rajya Sabha will take it up on December 16 and 17. To make this happen, the House will meet on Saturday, December 14, at 11 am.

    Birla said, “If you continue to adjourn, you will have to attend meetings on Saturday and Sunday for every day lost.” This statement was made right after the Question Hour. He also mentioned that he did not allow any adjournment notices today.

    Last week, the Lok Sabha’s meetings were canceled because of protests by opposition members over various issues, including the Adani scandal and violence in Sambhal, Uttar Pradesh.

  • Download CTET 2024 Exam City Slip – Important Dates & Details!

    Download CTET 2024 Exam City Slip – Important Dates & Details!

    The Central Board of Secondary Education (CBSE) has shared the CTET exam city slips for the Central Teacher Eligibility Test (CTET) happening on December 14, 2024. This slip tells you where your exam will take place and is available on the official site, ctet.nic.in, starting December 3, 2024.

    Key Dates:
    – Exam Date: December 14, 2024
    – Exam City Slip Release: December 3, 2024
    – Final Admit Card Release: December 12, 2024

    The exam slip that you get is not the final admit card. You will need the admit card to enter the exam hall, and you can’t take the test without it!

    About the CTET:
    The CTET is a big test that checks if you’re ready to be a teacher for younger kids (Classes 1 to 5) and older kids (Classes 6 to 8) in government schools like Kendriya Vidyalayas (KVS) and Navodaya Vidyalayas (NVS).

    Format:
    – Type of Exam: Offline (with OMR sheets)
    – Exam Duration: 150 minutes
    – Shifts:
    – Shift 1: 09:30 am – 12:00 pm
    – Shift 2: 02:30 pm – 05:00 pm
    – Papers:
    – Paper 1 (for primary teachers): 150 marks
    – Paper 2 (for elementary teachers): 150 marks

    The Exam Process:
    1. Go to ctet.nic.in.
    2. Click on the link for the CTET December 2024 exam city slip.
    3. Log in with your application number and date of birth.
    4. Your exam city and center details will show up.
    5. Download the city slip and save a printout for your records.

    Important Notes:
    – Remember, the exam city slip is not your final admit card.
    – You’ll need to check the official site frequently for updates.
    – If you plan to take the test, don’t forget to bring your admit card on the exam day!

    Pricing:
    – General and OBC candidates pay INR 1,000.
    – SC, ST, and PwD candidates pay INR 500.

    Make sure you’re prepared and good luck with your exam!

  • Indian Hotels Company Stock Updates: Key Insights and Performance

    Indian Hotels Company Stock Updates: Key Insights and Performance

    Shares of Indian Hotels Company Ltd. were trading at Rs 802.15 on the Bombay Stock Exchange (BSE) at 1:02 PM IST on Tuesday. This is up 0.15% from the previous day. Recently, the stock opened higher in the morning. The company’s stock has a 52-week low of Rs 416.15 and a high of Rs 814.65, showing that it has had some ups and downs.

    By 1:02 PM, around 24,636 lakh shares had been traded. The company’s total market value is Rs 1,14,223.32 crore. The price-to-earnings (P/E) ratio stands at 68.29, while the price-to-book value is 8.90. The return on equity (ROE) is at 13.31%.

    In the BSE500 group, 379 stocks were doing well (in the green), while 120 stocks were not doing so well (in the red). As of September 30, 2024, promoters held 38.12% of the Indian Hotels Company. Overseas and domestic (local) institutional investors owned 27.44% and 18.66%, respectively

  • HDFC Bank Shares Surge 2%: Market Cap Hits ₹14 Lakh Crore!

    HDFC Bank Shares Surge 2%: Market Cap Hits ₹14 Lakh Crore!

    HDFC Bank’s stock price went up by 2% after a big trade involving many shares. This deal helped HDFC Bank’s total market value rise above ₹14 lakh crore (14 trillion). The increase in share price makes HDFC Bank one of the most valuable banks in India. Investors reacted positively to this trade, showing confidence in the bank’s future. With this surge, HDFC Bank maintains its strong position in the market, making it an attractive option for those looking to invest in banking stocks.

  • Indian Oil Corp Stock Rises 1.01% Amidst Sensex Fluctuations

    Indian Oil Corp Stock Rises 1.01% Amidst Sensex Fluctuations

    Indian Oil Corporation Limited (IOC) has recently shown a slight increase in its stock price, rising by 1.01%. This change happened while the Sensex, which is a big stock market index in India, experienced ups and downs. The Sensex is important because it reflects how well the stock market is doing overall. Investors keep a close eye on IOC because it plays a crucial role in the energy sector, helping to supply fuel to millions. If you are interested in investing or just want to keep track of market trends, watching IOC could be a good idea

  • Madhu Mullassery Exits CPIM: Will He Join BJP Next?

    Madhu Mullassery Exits CPIM: Will He Join BJP Next?

    Madhu Mullassery, a well-known leader from the CPIM party, has decided to leave after many years. He has played an important role in the party and was once a member of the state committee. Mullassery’s exit has surprised many people since he has been a loyal member for a long time.

    Rumors suggest that he might be joining the BJP, another political party in India. If he does switch parties, it could bring big changes to local politics. People are watching closely to see where he will go next and what that means for his supporters.

    The CPIM party is going through some changes, and Mullassery’s departure raises questions about its future. Many people are curious about how this will affect local political dynamics and which direction the party will take now.

  • Kash Patel’s Bold Plans for the FBI: What to Expect!

    Kash Patel’s Bold Plans for the FBI: What to Expect!

    Kash Patel, a well-known supporter of former President Donald Trump, has been chosen by Trump to be the new leader of the FBI. Patel is known for questioning the FBI and intelligence groups, and he is likely to face a lot of attention from Congress as he prepares for a difficult Senate confirmation.

    Patel has big ideas for changing the FBI. In his interviews and his book, “Government Gangsters: The Deep State, the Truth, and the Battle for Our Democracy,” he talks about major reforms. Here are some of his key ideas:

    1. Closing the Hoover Building
    Patel wants to shut down the FBI’s building named after J. Edgar Hoover in Washington, D.C. He suggests turning it into a museum about the “deep state.” He said he would close the building on his first day and quickly reopen it as a museum. He plans to move the 7,000 workers to different places around the country to help catch criminals.

    2. Moving the FBI Headquarters
    Patel believes the FBI should move its headquarters away from Washington, D.C., to avoid political issues. Although there are talks about moving to a site in Greenbelt, Maryland, the current FBI Director, Christopher Wray, has concerns about where the new building should go.

    3. Fighting Against Media
    Patel has accused some government officials and the media of plotting against Trump supporters. He said they would go after those in the media who he believes lied about Trump and helped Joe Biden in elections. This talk raises worries about how the Justice Department will protect journalists who report leaks.

    4. Changes to Surveillance
    Patel is critical of the Foreign Intelligence Surveillance Act (FISA), which allows the government to spy on people. He wants better transparency and suggests that people in FISA court should have their own defendCommunityers. While some support his stance, the FBI thinks these surveillance tools are essential for keeping the country safe.

    5. Restructuring the Intelligence Community
    Patel aims to change the intelligence community by separating the FBI’s intelligence work from its law enforcement duties. This idea has been debated since the 9/11 attacks, but some believe it might make it harder for the FBI to tackle threats from inside and outside the country.

    Patel’s ideas might bring significant changes to the FBI, and it will be interesting to see how Congress and the public respond as he moves forward.

  • Nifty Bank Index Rises 1.0%: What’s Driving the Market Up?

    Nifty Bank Index Rises 1.0%: What’s Driving the Market Up?

    Today, the Nifty Bank Index, which shows how the banking stocks are performing, went up by 1.0%. This is great news in a happy and upbeat market where many stocks are gaining value. Investors are feeling hopeful, and this has led to more buying and greater confidence in the market.

    As more people buy stocks, the market keeps rising, and this is good for everyone involved. The Nifty Bank Index has been a key player in this positive movement, showing that banks are doing well right now.

    If you’re looking to keep track of how the market is changing, it’s important to pay attention to the Nifty Bank Index and the overall market trends.

  • Nifty Realty Surges: Top Gainers and Losers You Should Know!

    Nifty Realty Surges: Top Gainers and Losers You Should Know!

    NEW DELHI: On Tuesday morning around 10:14 AM (IST), the Nifty Realty index was doing well in the market. Some companies saw their stock prices go up, like Mahindra Lifespace Developers (up 1.78%), Brigade Enterprises (up 1.7%), Macrotech Developers (up 1.37%), Sobha (up 1.35%), and Raymond (up 0.84%).

    However, a few companies didn’t do as great. Oberoi Realty fell by 0.61%, DLF dropped 0.31%, and Phoenix Mills was down by 0.22%. The Nifty Realty index was up 0.29% at 1054.30 at the time of this report.

    The overall Nifty50 index rose by 66.91 points, reaching 24342.95, while the BSE Sensex increased by 233.6 points to hit 80481.68. Out of the 50 stocks listed in the Nifty index, 33 were gaining, while 17 were losing.

    Some of the most traded stocks included Vodafone Idea, YES Bank, NTPC Green Energy, Ola Electric Mobility, and Suzlon Energy. Notably, shares of Banaras Beads, Niva Bupa Health Insurance, NTPC Green Energy, Enviro Infra Engineering, and Mask Investments reached their highest price in 52 weeks during today’s trade. On the other hand, Aki India, Shree Ram Proteins, Excel Realty N Infra, Antarctica Ltd, and Ind-Swift Labs hit their lowest price in 52 weeks.