Author: Supriya Jena

  • Police Officers Suspended After Deadly Gas Explosion Injures Six”

    Police Officers Suspended After Deadly Gas Explosion Injures Six”

    On Saturday, two police officers were suspended for being careless. This happened after a gas cylinder explosion at an illegal gas filling site in Shahpur Bhamaroli village, near the Dubagga police station, on Friday. The explosion hurt six people badly, including four workers inside the house and two children nearby. They are all in serious condition.

    Omveer Singh, the Deputy Commissioner of Police for the West area, took action after learning that officers Ramsevak Rana and Manoj Kumar did not stop the illegal activity. “I visited the site and found out from local residents that this illegal gas filling has been going on for 5 to 6 months,” said Singh.

    The blast took place around 7:00 PM at the home of Rohit Gupta, where residents revealed he had been secretly refilling gas cylinders. Singh is looking into the case with the help of the Assistant Commissioner of Police from Malihabad and has promised strict actions against any other officers involved.

  • Kerala High Court Pressures Government on Disaster Fund Clarity”

    Kerala High Court Pressures Government on Disaster Fund Clarity”

    Thiruvananthapuram (Kerala): The Kerala High Court is not happy with how the state government is handling money for disasters. They were discussing a serious landslide in Wayanad and asked the government to explain how much money is in the State Disaster Response Fund (SDRF). The state told the court there is Rs 677 crores left in the fund.

    The court wanted to know if there is a yearly report on how this money is spent. They questioned why the government is asking for money if they can’t provide exact numbers. The judges were frustrated and asked, “Who are you trying to fool? You don’t even know how much of the Rs 677 crores can be used for urgent needs!”

    The court warned the state not to play blame games, which make the people of Kerala look bad, especially those in Wayanad. When asking the central government for help, the state must give clear and accurate numbers.

    The judges also pointed out that the government isn’t sure if the Rs 677 crores is really available. The lawyer for the state said that even without disasters, they need around Rs 700 crores each year for the SDRF to cover other expenses. They also said they need more money for recovery efforts.

    The court ordered the government to prepare a detailed report but the state asked for more time. The next court hearing is set for December 12.

  • Mamata Banerjee’s Ambition: Can She Lead the INDIA Bloc?”

    Mamata Banerjee’s Ambition: Can She Lead the INDIA Bloc?”

    Kolkata (West Bengal): West Bengal’s Chief Minister Mamata Banerjee has hinted she might lead the opposition group called the INDIA bloc. BJP leader Locket Chatterjee responded by saying that Congress is losing its power, which is why Mamata wants to step up as the main opposition leader. Chatterjee told ANI that we shouldn’t trust anything Mamata Banerjee says.

    He pointed out that after Congress lost important elections in Haryana, Maharashtra, and Jharkhand, the party is becoming less significant. Chatterjee believes Mamata is trying to take advantage of Congress’s struggles.

    Earlier, BJP’s Tarun Chugh said that both the Congress and its leader Rahul Gandhi are holding the alliance back. He claimed they are more of a burden than a help and that the main goal of the INDIA bloc is to protect corrupt leaders.

    On December 3, TMC MP Kirti Azad commented on how Mamata Banerjee could lead the INDIA bloc, highlighting her track record of working well with others. He noted that whenever Prime Minister Narendra Modi has failed in West Bengal, Mamata’s support has grown.

    On November 26, another TMC MP, Kalyan Banerjee, suggested the need for a strong leader to guide the INDIA bloc, especially after Congress’s recent losses in Haryana and Maharashtra. He emphasized that the opposition needs to be united to challenge the BJP effectively.

  • Vadra Urges for Unity Over Religious Politics Amid Rising Farmer Protests”

    Vadra Urges for Unity Over Religious Politics Amid Rising Farmer Protests”

    Robert Vadra, the son-in-law of Congress leader Sonia Gandhi, spoke out on Saturday about the current focus on mosques in politics. He believes that instead of worrying about religious sites, leaders should be helping people who are struggling with rising prices and farmers protesting. Vadra warned that concentrating on religious surveys could lead to more communal issues.

    He said, “We should keep religion away from politics because India is a land of many beliefs. It’s important to promote peace and unity among everyone.” Vadra was in Mumbai, where he offered prayers at the famous Haji Ali Dargah, wishing for the well-being of his family and the nation.

    Vadra also expressed his doubts about the Electronic Voting Machines (EVMs) used in elections. He questioned how the ruling BJP could win elections in Haryana and Maharashtra if people were unhappy with them. Farmers have been demonstrating, asking for fair prices for their crops.

    He criticized the way opposition leader Rahul Gandhi has been treated and mentioned that Priyanka Gandhi, his wife and Congress MP, will represent women’s issues strongly in Parliament. Vadra believes that the future of Congress is bright with Priyanka and Rahul pushing for the people’s voices in government.

  • Nithin Kamath Exposes Shocking Stock Market Scams: What Investors Must Know!”

    Nithin Kamath Exposes Shocking Stock Market Scams: What Investors Must Know!”

    Zerodha’s founder, Nithin Kamath, shared an important warning on social media about the dangers of stock market scams. He pointed out two recent cases that the market regulator, SEBI, took action against: Trafiksol ITS Technologies and a popular financial influencer known as “Baap of Chart.”

    In the first case, Trafiksol raised ₹44 crores through an IPO (Initial Public Offering), claiming they would buy software. But the company providing this software was a fake, with made-up financial details and a fake client list. Instead of being careful, many investors eagerly bought shares in this IPO, oversubscribing it by 345 times!

    SEBI investigated and found three key problems: the software vendor couldn’t actually deliver anything, the financials were fake, and the selection process of the vendor was suspicious. Because of this, SEBI canceled Trafiksol’s IPO and told the company to return the money to the investors.

    The second case involved “Baap of Chart.” This person was a well-known financial influencer who promised his followers huge returns in the stock market. However, SEBI discovered that he was running an unauthorized investment advisory service and took money from many unsuspecting investors. As a result, SEBI has stopped him from being involved with the securities market and ordered him to refund the money he collected.

    Kamath has been sharing warnings like this for some time. Recently, he mentioned how scammers are using AI technology to trick people, following reports of a tech worker who lost ₹91 lakh in an online scam.

    Remember: If something sounds too good to be true, it probably is!

  • SBI Lowers India’s GDP Growth Forecast for 2025 to 6.3%: Key Insights

    SBI Lowers India’s GDP Growth Forecast for 2025 to 6.3%: Key Insights

    SBI, India’s biggest bank, has lowered its prediction for the country’s economic growth in 2025 to 6.3%. This is less than what the Reserve Bank of India (RBI) expects, which is 6.6%. The latest economic report from SBI shows that the Indian economy isn’t growing as quickly as needed, especially after the RBI reduced its own forecast from 7.2% to 6.6%.

    Key points from the report include:

    – In the first half of 2025, growth was only about 6.05%.
    – Although some signs show that the economy is improving, like during festive seasons, the overall growth in the second quarter was just 5.4%, the lowest in almost two years.
    – Rising prices, especially for food, are also causing problems.

    SBI pointed out that these kinds of downward revisions of growth projections have happened before. In past years, similar downgrades occurred due to various challenges.

    The decrease in growth numbers is worrying for many, especially as consumers are buying less. Families are spending less money on both essential goods and fancy items like cars because of falling incomes and high prices.

    This slower growth is not just a problem for individuals but for the whole country too. India’s goal of becoming the third-largest economy by 2030 looks harder to achieve. A weaker economy means fewer new jobs and challenges in improving living standards for everyone.

    The global economy is also facing troubles, making it even harder for India. Tightened financial conditions in other countries and global uncertainties are affecting investor confidence and how much other countries want to buy from India.

    SBI advises policymakers to keep a close watch on economic changes. The RBI plans to help by lowering the cash reserve ratio (CRR), which will give banks more money to lend. This could help support the economy, but it’s essential to fix deeper issues to ensure long-term growth

  • Travis Head Sets Record for Fastest Century in Day-Night Test Match

    Travis Head Sets Record for Fastest Century in Day-Night Test Match

    Travis Head set a new record by scoring the fastest century in a day-night Test match, achieving this in just 111 balls! This amazing feat happened on Day 2 of the second Test in the Border-Gavaskar Trophy 2024-25 at the Adelaide Oval, where Australia faced off against India.

    Before this, Travis Head already held the record for the fastest pink-ball Test century, having scored 100 runs in 112 balls against England in Hobart in 2022. Now, he holds three records for the fastest centuries in pink-ball Tests! His other record is a 125-ball century against the West Indies in a day-night Test, also in Adelaide.

    Coming to bat after Steve Smith got out, Head played aggressively and made the Indian bowlers nervous. While he was careful against Jasprit Bumrah, who is a strong bowler, he scored freely against others, especially a young bowler named Harshit Rana.

    Fastest Centuries in Day-Night Tests:
    – Travis Head (Australia) – 111 balls vs India, Adelaide 2024
    – Travis Head (Australia) – 112 balls vs England, Hobart 2022
    – Travis Head (Australia) – 125 balls vs West Indies, Adelaide 2022
    – Joe Root (England) – 139 balls vs West Indies, Edgbaston 2017
    – Asad Shafiq (Pakistan) – 140 balls vs Australia, Brisbane 2016

    Stay tuned for more exciting updates!

  • Income Tax Raids in Andaman: Over 120 Officials Investigate Business Owners”

    Income Tax Raids in Andaman: Over 120 Officials Investigate Business Owners”

    Over 120 Income Tax officials are searching many places in the Andaman and Nicobar Islands. These searches started on December 4 because they think some local business owners might have done something wrong when filing their tax returns. The tax team from Kolkata is checking different offices in areas like Church Road, Phoenix Bay, Marine Hills, Aberdeen Bazaar, and Dilanipur in Port Blair.

    They are also searching places on Babu Lane and Junglighat, as well as on MG Road and Gurdwara Lane. The officials say this is a well-planned operation, and they promise to share what they find soon. They are mainly looking into possible mistakes with tax returns and issues related to GST.

    When the tax team arrived at Veer Savarkar International Airport in Port Blair on December 4, they made sure to inform airport staff to stop any business owners whose offices were being searched from leaving the island.

  • Gold Prices Drop as U.S. Jobs Rise: What’s Next

    Gold Prices Drop as U.S. Jobs Rise: What’s Next

    Last Friday, spot gold gained $1 and closed at $2633. However, gold prices were down about 0.40% for the week, marking the second week in a row of losses. The price of gold varied, reaching as low as $2613 on December 6 and as high as $2657 on December 4.

    U.S. Job Market Gains

    In the U.S., employers added 227,000 jobs, which was better than the expected 220,000. The numbers from October were also revised up, adding a total of 56,000 jobs over the two months. Average hourly pay increased by 0.4% compared to last month and was up 4.2% from last year, beating expectations of 0.3% and 3.9% respectively. However, fewer people were participating in the workforce, dropping to 62.5%. The unemployment rate went slightly higher to 4.2% from 4.1% last month. Despite these numbers looking somewhat positive, another survey showed a loss of 355,000 jobs, compared to a loss of 368,000 in October.

    Consumer Sentiment and Economic Indicators

    Consumer sentiment improved slightly, surpassing expectations, while one-year inflation expectations rose to 2.9%, which was higher than the predicted 2.7%. Earlier this week, the ISM services index, which tracks service sector growth, came in at 52.1, failing to meet forecasts of 55.7.

    Trends in Gold ETFs and Geopolitical Situation

    Global gold ETFs saw slight increases, but overall, there was a net outflow this month. Tensions remain high in geopolitics, with Russia planning to deploy nuclear-capable missiles and protests in Georgia against the government ramping up.

    Dollar and Yields Movements

    U.S. bond yields went down after the job report, leading to expectations that the Federal Reserve may cut interest rates further in their next meeting on December 18. The ten-year bond yield closed at 4.15%, showing a small decrease. The U.S. Dollar Index ended with a gain of about 0.25%.

    Looking Ahead

    Next week, everyone will be watching U.S. inflation data closely, as well as China’s economic figures. The European Central Bank is expected to lower interest rates on December 12. Without any significant changes in geopolitics, gold might dip initially due to positive job reports and market confidence. Still, risks from global tensions and inflation data could influence prices. Currently, support for gold is seen at $2613, $2595, and $2575, while it needs to break the resistance level of $2675 to see any upward movement.

  • Government Takes Action on 73 Complaints About TV Ads”

    Government Takes Action on 73 Complaints About TV Ads”

    The government has reported that, over the past three years, they’ve received 73 complaints about inappropriate and rude advertisements on private TV channels. L Murugan, the Minister of State for Information and Broadcasting, shared this information in the Rajya Sabha. He explained that there’s a three-step system in place to deal with these complaints.

    This system includes:
    1. Self-regulation by TV broadcasters – They manage their own content.
    2. Self-regulation by groups created by broadcasters – These groups help ensure standards are met.
    3. Oversight from the central government – The government checks if everything is okay.

    When advertisements break the rules, the government takes actions like issuing warnings, asking for apologies, and even taking ads off-air.

    In another response, Murugan mentioned that streaming platforms (OTT) must follow specific rules in the IT (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. These rules are meant to keep content safe and appropriate. They require OTT platforms to sort their content into five age-based categories and to make sure they don’t show anything illegal. The guidelines also remind them to consider the time and culture of the content they’re sharing. Additionally, the rules encourage platforms to keep kids safe by restricting content that isn’t suitable for them