Category: News

  • BJP Aims to Rename Delhi Areas: Najafgarh, Mohammadpur, Mustafabad

    BJP Aims to Rename Delhi Areas: Najafgarh, Mohammadpur, Mustafabad

    Three lawmakers from the ruling Bharatiya Janata Party (BJP) in Delhi want to change the names of some neighborhoods. They are asking to rename Najafgarh to Nahargarh, Mohammadpur to Madhavpuram, and Mustafabad to Shiv Vihar. This is part of a trend where BJP leaders have changed names in other areas to move away from names connected to Mughal rulers.

    Anil Sharma, who represents the RK Puram area where Mohammadpur is located, said he will push for this name change in the assembly. He pointed out that there was a proposal from the Municipal Corporation of Delhi (MCD) to change the name before, but the previous Aam Aadmi Party (AAP) government didn’t do it. Now that the BJP is back in power after 27 years, Sharma believes the name change will finally happen.

    Another lawmaker, Neelam Pehalwan, wants to rename Najafgarh to honor local hero Raja Nahar Singh. She said that the people of Najafgarh feel they have been treated unfairly and changing the name is important for them.

    Parvesh Verma, a Delhi minister, supports this name change as he feels it is overdue. Mohan Singh Bisht, who will soon be the deputy assembly speaker, announced that Mustafabad would become Shiv Vihar. He mentioned that this was a promise made during the elections, although part of Mustafabad will keep its original name.

  • Indian Student Neelam Shinde in Coma: Family Urgently Seeks US Visa

    Indian Student Neelam Shinde in Coma: Family Urgently Seeks US Visa

    Neelam Shinde, a student from Satara, Maharashtra, is facing a serious health crisis after a car accident in California on February 14. She has been in a coma in the hospital ever since, suffering major injuries to her head, hand, and chest.

    Her family wants to visit her urgently but needs a visa to enter the United States. The Indian Ministry of External Affairs (MEA) is helping them speed up the visa process. They are working with U.S. officials to get her family to her side as soon as possible.

    Supriya Sule, a leader from the Nationalist Congress Party, highlighted Neelam’s situation in a post. She shared that Neelam’s father, Tanaji Shinde, is desperately trying to travel to the U.S. due to the medical emergency involving his daughter.

    Tanaji said that they learned about the accident on February 16, just two days after it happened, and have been trying for a visa since then. Unfortunately, they have not received it yet. The last time they spoke with Neelam was on February 12, just before the accident occurred.

  • WhiteOak Launches Equity Savings Fund: Smart Investing Made Easy!

    WhiteOak Launches Equity Savings Fund: Smart Investing Made Easy!

    WhiteOak Capital Mutual Fund has introduced a new investment option called the WhiteOak Capital Equity Savings Fund. This fund lets you put your money into three main areas: stocks (equity), a strategy to make money without risk (arbitrage), and safer investments like bonds (debt). The new fund is open for people to invest in until March 5.

    The goal of this fund is to help your money grow by investing in stocks and safe options. It is designed for people who want a mix of stable and potentially high returns. The fund will be overseen by a team of experienced managers.

    One of the best parts about this fund is that it isn’t as risky as just investing in stocks. This means it can help you make money while keeping your savings safe. The fund is also good for people who pay higher taxes, as it can offer tax-friendly returns.

    “We believe investing is about finding the right balance between making money and protecting what you have. This fund is perfect for those looking for stable returns during uncertain times,” says Aashish Somaiyaa, the CEO of WhiteOak Capital Asset Management.

    If you invest for more than one year, any profits you make could be taxed at a lower rate. The fund usually invests a large part of the money in stocks, about 65% to 90%. This includes safe investments to balance out any risks. The fund’s smart strategy adjusts how much it invests in stocks based on how the market is doing.

    In times when it’s hard to find good chances to make money with stocks, the fund will shift to safer options, ensuring that your investments are always working for you.

  • BJP’s Push to Rename Delhi Villages: Madhavpuram and Nahargarh

    BJP’s Push to Rename Delhi Villages: Madhavpuram and Nahargarh

    BJP MLA Anil Sharma plans to rename Mohammadpur village in his RK Puram area of Delhi to ‘Madhavpuram.’ He mentioned that a proposal to change the name had been approved by the local corporation long ago but had been stuck in the Assembly during the Aam Aadmi Party’s government.

    Sharma said, “People want this village to be called Madhavpuram. Now that the BJP is in charge in Delhi, we will listen to what the people want.” He hopes to present this proposal to the Assembly soon.

    Sharma isn’t alone in this effort. BJP MLA Neelam Pehelwan also wants to change the name of her area, Najafgarh, to ‘Nahargarh.’ She explained that the change is important due to the area’s history, saying, “During the 1857 revolt, local leader Raja Nahar Singh fought for our region. It’s important for our people to honor our history.”

    Pehelwan has been trying to change the name for a while, believing that the new name represents the local struggles and significance of the area more accurately.

  • Supreme Court’s Ruling: Toxic Waste Incineration Begins Amid Community Concerns

    Supreme Court’s Ruling: Toxic Waste Incineration Begins Amid Community Concerns

    In a recent ruling, India’s Supreme Court has decided that trial runs for burning toxic waste from the Bhopal Gas Tragedy can go ahead. This decision comes despite worries about health risks to people living nearby and possible pollution of soil and water.

    The Supreme Court looked at a report from a group of experts, including members from respected scientific organizations, who are supervising the safe transport and disposal of 337 metric tonnes of toxic waste. This waste comes from the Union Carbide factory in Bhopal, the site of a deadly gas leak in 1984 that claimed many lives.

    Chinmay Mishra, a resident of Indore, was worried about this plan and asked the court to stop it. He believed the local people could be harmed by this operation. However, the court has approved the waste incineration, which will start with trial runs on February 27 and continue with two more on March 4 and March 10, burning 10 metric tonnes at a time.

    The judges expressed confidence that the expert committee, which includes the National Environmental Engineering Research Institute (NEERI) and others, knows what they are doing. They even pointed out that the Madhya Pradesh government had assured them all necessary safety measures are being followed.

    Some residents of Pithampur and local organizations argued against the incineration, claiming that not all locals agreed to it. They even stated that the state misled the court regarding the community’s support.

    During the discussions, the judges noted that the opposers seemed to want the waste stored far from their homes, but not in their neighborhoods. A lawyer speaking for an NGO suggested that there might be better ways than burning to handle this toxic waste.

    The waste, which has been stored at the old factory site for 40 years, poses risks to the surrounding villages. One village is located just 250 meters away, and concerns were raised about the drinking water supply from the nearby Gambhir River, which serves a large part of Indore.

    This controversial incineration plan continues to raise questions about safety and community concerns as the trials move forward.

  • Crack the Code: Your Guide to Today’s NYT Mini Crossword

    Crack the Code: Your Guide to Today’s NYT Mini Crossword

    The New York Times Mini Crossword is a quick and fun version of the famous crossword puzzles. Most days, these puzzles are in a small 5×5 grid with clues that go across and down. Sometimes, on Saturdays, they get a little bigger!

    You can play the Mini Crossword for free by downloading the NYT Games app or visiting the New York Times website. However, if you want to see puzzles from the past, you’ll need a membership to NYT Games.

    What’s the NYT Mini Crossword?
    It’s a small puzzle that is enjoyable and can be completed in just a few minutes. Many players try to finish the puzzle in under a minute! Sometimes, though, the clues can be tricky, and you might need some help. I sometimes peek at the answers if I’m stuck on a clue.

    Today’s Mini Crossword has a clue that asks about the sound of a sizzling steak, and it’s a tricky one that sounds like “hiss.” Do you need help with today’s Crossword? Here are the clues and answers to help you out (spoiler alert!): NYT Mini Crossword Clues:

    NYT Mini Crossword Clues:

    ACROSS
    – 1. A clue: “Good one!”
    – 4. Messages to the office staff
    – 6. Exclamations with nervous gulps
    – 7. A calculator key
    – 8. ___ Grand (Vegas casino)

    DOWN
    – 1. Pronoun pair
    – 2. In the midst of
    – 3. So-so
    – 4. Not saying a word
    – 5. Sound of a sizzling steak

    Time for the answers! Ready? Here they are!

    NYT Mini Crossword Answers:

    ACROSS
    – HAH
    – MEMOS
    – UHOHS
    – MINUS
    – MGM

    DOWN
    – HE HIM
    – AMONG
    – HOHUM
    – MUM
    – SSS

    How did you do? Did you finish it in under a minute? Give it a try!

  • Trump’s New Gold Card Plan: Helping Indian Students Get Jobs in America

    Trump’s New Gold Card Plan: Helping Indian Students Get Jobs in America

    On Wednesday, US President Donald Trump announced a new plan called the ‘gold card’ that will help Indian students studying in America. This plan allows American companies to hire these graduates easily. Right now, many top students from places like India, China, and Japan graduate from famous schools like Harvard and Yale but face uncertainty about getting jobs because their visas can be tricky.

    To solve this problem, Trump said that companies can buy a ‘gold card’ for $5 million that will let them hire talented foreign students who studied in the US. This ensures those students can stay and work here. Trump believes these gold cards will be popular among companies looking for smart, hardworking people.

    During a meeting, Trump mentioned that having a gold card will help companies recruit the best talent without worrying about immigration issues. He also said that the money from these cards could help pay off national debt.

    Trump wants to encourage businesses to hire people and believes this plan will be a win-win: companies get the workers they need, and America can benefit from their talents.

    He joked about the idea, saying, “I hope you liked it!” and talked about how the current immigration system hasn’t worked well for companies wanting to hire skilled workers from abroad.

    Additionally, Trump mentioned that businesses operating inside the US will not have to pay any extra fees called tariffs, while those outside the country will. He thinks this will motivate companies to invest and create jobs, which will help reduce national debt

  • Massive Fire Engulfs Half of Surat’s Shiv Shakti Market

    Massive Fire Engulfs Half of Surat’s Shiv Shakti Market

    Firefighters are working hard to put out a big fire at the Shiv Shakti textile market in Surat, which started on Wednesday morning. The fire has burned down almost half of the shops. Because the building is weak, firefighters can only spray water from outside using special hydraulic platforms.

    Officials have closed off the area to keep people safe and have asked everyone to leave. Police are there to manage traffic and security. Chief Fire Officer Basant Kumar Parikh explained that it is very hot inside the building because it stored a lot of materials. They received the first fire alarm around 8 AM. “We’re unsure if the building will hold up. We’re fighting the fire from the outside,” he said, noting that half of the shops in the market are damaged.

    Teams are still working to control the flames. Deputy Commissioner of Police (DCP) Bhagirath Gadhavi reported that the area has been completely sealed off and many police officers are on duty. “Firefighters are busy putting out the fire in the cloth market. We’ve evacuated everyone and closed all shops, even in nearby areas,” DCP Gadhavi stated. The Shiv Shakti market has around 800 shops, and they are all shut down for safety.

  • Promoter Selling in Nifty50 Hits Record Low: What You Need to Know

    Promoter Selling in Nifty50 Hits Record Low: What You Need to Know

    Right now, a lot of business leaders, known as promoters, from the companies that make up India’s Nifty50 stock index are selling their shares. This is happening at a speed we’ve never seen before, with their total ownership dropping to just 41.1%, the lowest it’s been in 22 years.

    Promoters are selling their shares just as stock prices hit record highs, which makes many investors worry. Typically, company owners know their businesses really well and wouldn’t sell unless they think the future looks tough. Since 2009, promoter ownership has mostly gone down, except for a brief period from 2019 to 2021 when it slightly increased.

    Some major companies like Cipla and Tata Motors are seeing the largest drops. For example, Cipla’s ownership fell by 4.28% over the last nine months, and Tata Motors saw a 3.79% drop. Other big names like Bharti Airtel and TCS are also part of this trend.

    What This Means for You as an Investor

    When promoters start to sell, it can be a warning sign. Dr. V K Vijayakumar, a financial expert, says that the upcoming earnings growth for Nifty50 is expected to drop to only 7%. This doesn’t match the high stock prices we’ve seen lately. The promoters may have sensed that their companies might not do as well in the future and sold their stakes at good prices.

    However, sometimes promoters sell for valid reasons, like needing to pay off debts or meet certain regulations. Investors should always look closely at why a promoter is selling before making any decisions.

    Shifting Ownership Trends

    As promoters are selling, more institutional investors are buying in. These big investment firms now own 47.5% of Nifty50 companies, the highest ever. This is mostly because local mutual funds are increasing their holdings. However, individual investors’ shares have stayed the same for about six years.

    While having more institutional investors can make the market more stable, it can also mean promoters have less control over their companies. This shift might change how businesses are run and could lead to unexpected ups and downs in the market.

    In summary, while selling by promoters may raise alarms, understanding their reasons and looking at the broader market conditions is key for investors. It’s essential to research a company’s fundamentals before jumping to conclusions about stock performance.

  • North Korea Sends More Troops to Support Russia Amid Ukraine Conflict

    North Korea Sends More Troops to Support Russia Amid Ukraine Conflict

    North Korea has sent more soldiers to Russia, according to South Korea’s spy agency. They shared with AFP that over 10,000 North Korean troops were sent to Russia last year to help fight against Ukraine in the Kursk area. Earlier this month, South Korea said that the North Korean soldiers who were on the front lines in Kursk hadn’t fought since mid-January. Ukraine reported that these soldiers were pulled back after suffering heavy losses.

    On Thursday, a South Korean intelligence official said that some of these soldiers have been redeployed back to the front lines, along with extra soldiers. The exact number of these troops is still being figured out. Neither Russia nor North Korea confirmed this troop movement, but last year, the two countries made a deal that included a promise to defend each other.