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  • S.M. Krishna, Former Karnataka CM, Passes Away at 92″

    S.M. Krishna, Former Karnataka CM, Passes Away at 92″

    Former Karnataka Chief Minister S.M. Krishna passed away at his home early on Tuesday. He was 92 years old and had been sick for a while. His family mentioned that he died at 2:45 am. His body will likely be taken to Maddur today.

    S.M. Krishna was an important figure in politics and is known for making Bengaluru a major tech hub in India, often called the Silicon Valley of India. He was born on May 1, 1932, in Somanahalli, a place in Karnataka’s Mandya district. Throughout his career, he served as the External Affairs Minister of India and as the Governor of Maharashtra. After many years with the Congress party, he joined the BJP towards the end of his political journey.

  • China’s Stimulus Sparks Asian Market Rally Amid Key US Inflation Data”

    China’s Stimulus Sparks Asian Market Rally Amid Key US Inflation Data”

    Most stocks in Asia went up today because China’s leaders promised to give more help to the economy next year. Shares in Japan and South Korea increased, and the Hang Seng Index is expected to jump by more than 3% when it opens. The price of iron ore went up too, as China is a big buyer of metal.

    The Nasdaq Golden Dragon China Index, which includes major Chinese companies trading in the US, soared by 8.5%, the most since September. In a recent meeting, China’s leaders said they will use a “moderately loose” approach for money matters in 2025, changing their strategy for the first time since 2011. They promised to take stronger actions to boost spending and stabilize the property and stock markets.

    “We are optimistic about spending by families,” said Geoffrey Yu, a strategist at BNY, in an interview. He also noted that China’s 10-year bond yields have fallen, which may encourage leaders to raise expectations for the economy.

    In other news, Chinese companies have started to limit sales of important parts for drones to the US and Europe. This is expected to lead to stricter export rules in the new year.

    Traders will pay close attention to South Korean markets because President Yoon Suk Yeol is not allowed to travel overseas. The Reserve Bank of Australia is likely to keep interest rates the same today, but everyone is watching for hints about what might happen next.

    In the US, the S&P 500 index dropped after hitting almost record highs as traders wait for important inflation data that could affect Federal Reserve decisions. Nvidia Corp. shares fell as China investigates whether the company broke competition laws related to a 2020 deal.

    Key inflation data will be released on Wednesday, giving the Federal Reserve a final look at price changes before their upcoming meeting. If prices surge, it could slow down plans for a rate cut.

    In commodities, gold prices were supported as China’s central bank increased its reserves for the first time in seven months, and worries about the Middle East kept interest in safe investments high. Oil prices remained mostly unchanged as China’s demand might be balanced by troubles in Syria.

  • Rohit Sharma Struggles: Should He Return as an Opener in Third Test?

    Rohit Sharma Struggles: Should He Return as an Opener in Third Test?

    Rohit Sharma hasn’t been doing well in Test cricket lately, especially after a disappointing match in Adelaide. Cricket legends Ravi Shastri and Sunil Gavaskar suggested he should move back to opening the batting for the third Test against Australia. However, former cricketer Dodda Ganesh disagreed, saying it would be a big mistake since Rohit is already low on confidence.

    In the past match, Rohit scored just 3 and 6 runs, while KL Rahul did great as an opener. With Rohit struggling to score runs—he has only made 142 runs in 12 innings with just one half-century this year—there are doubts about his performance. Some believe it might be time to think about replacing him in the team. Former Australian player Kerry O’Keeffe said that while Rohit will likely stay in the lineup as the captain, they should consider having a backup plan.

  • CEO Murder: Quick Action Leads to Arrest of Suspect Luigi Mangione

    CEO Murder: Quick Action Leads to Arrest of Suspect Luigi Mangione

    On Monday, police caught a “strong person of interest” in the shocking murder of UnitedHealthcare’s CEO, Brian Thompson. The suspect, 26-year-old Luigi Mangione, was arrested after a smart McDonald’s employee in Altoona, Pennsylvania, reported a customer with a weapon and suspicious notes linking him to the attack.

    Mangione, who had a gun thought to be used in the CEO’s murder, expressed anger against big companies, say police. When officers approached him at McDonald’s, he was using a laptop, wearing a blue medical mask, and seemed nervous. Police discovered he had $10,000 in cash, some of which was in foreign money, and a backpack that contained a 3D-printed gun and silencer.

    Police described how this incident unfolded; officers got a call about a man matching the description of a suspect wanted for the murder. Deputy Chief Derek Swope shared updates during a press conference, highlighting the importance of the tip-off from the McDonald’s employee, calling them a hero for speaking up.

    In court, Mangione was charged with multiple offenses, including carrying firearms without a license and using fake IDs. He seemed scared when questioned by the police about being in New York recently.

    What makes this case even more curious? Mangione was seen as a promising individual, graduating from Gilman School in Maryland and earning degrees from the University of Pennsylvania. A classmate noted that he had everything going for him, so this shocking turn of events has left many astonished.

    As investigations continue, police are looking into how Mangione made his way to Pennsylvania. This shocking incident highlights the importance of paying attention to suspicious activities, reminding us that one person’s quick thinking can lead to justice.

  • Rural Literacy in India Rises Over 10% in Just 10 Years!

    Rural Literacy in India Rises Over 10% in Just 10 Years!

    In the last ten years, the number of people reading and writing in rural India has gone up by more than 10%. This means more people can read books, write letters, and send messages!

    A special update was shared in the Lok Sabha on Monday by Jayant Chaudhary, who works as the Union Minister of State for Education. He told everyone that the reading and writing skills of women in rural India increased by 14.5% during this time.

    Here are some interesting numbers:

    – The overall literacy rate in rural India went from 67.77% in 2011 to 77.50% in 2023-24.
    – For women, literacy jumped from 57.93% to 70.40%.
    – For men, it increased from 77.15% to 84.70%.

    The Indian government has a plan to get everyone reading and writing, especially in villages. They have started programs like the Samagra Shiksha Abhiyan, Saakshar Bharat Mission, Padhna Likhna Abhiyan, and the ULLAS-Nav Bharat Saksharta Karyakram. These programs have helped many people, especially those who live in areas with less education.

    Chaudhary highlighted a program called ULLAS, launched in April 2022. This program is designed to help people aged 15 and older to learn reading, writing, math skills, and even job skills. It focuses on teaching based on local needs since India has many different languages and cultures. This means that volunteers help teach in ways that fit each community.

  • Supreme Court Urges Focus on Jobs Over Free Food for Migrant Workers

    Supreme Court Urges Focus on Jobs Over Free Food for Migrant Workers

    On Monday, the Supreme Court asked how long the government can continue giving free food to people. The judges were surprised to learn that 81 crore people are receiving free or cheap food from the National Food Security Act. They noted that only tax-payers are left out of this support. Advocate Prashant Bhushan, who is representing an NGO in a case about the struggles of migrant workers during the Covid pandemic, suggested that all migrant workers registered on the e-Shram portal should be given free food too.

    The judges inquired, “How long will we keep giving handouts? Why not focus on creating jobs and helping these workers build their skills?” Bhushan mentioned that the court has previously told states to issue food cards to help migrant workers get their share of free food. He added that even those without food cards but registered on the e-Shram portal should receive free food. The judges expressed concern that if states are told to give out more food cards, many workers might leave instead of staying in their jobs.

    They also recognized that accurate data on the number of migrant workers is crucial, but the government is still relying on data from the 2011 Census. Looking forward, Justice Surya Kant said there should not be a divide between the Centre and states when it comes to helping these workers.

    Solicitor General Tushar Mehta defended the government’s actions, saying that the court’s previous orders were specific to the pandemic and that they have to follow the National Food Security Act. The court has recently pointed out the issues with giving free food, saying the situation during Covid was different. Back in June 2021, the Supreme Court had given clear instructions to the authorities to help migrant workers and create a database to track them for welfare benefits.

    On September 2, the court asked the Centre to provide updates on their efforts to give food cards and other support to migrant workers. The government claimed they were helping everyone who qualifies under the National Food Security Act. The Supreme Court criticized the government for not quickly setting up a national database for unorganised workers, emphasizing the need for timely assistance to migrant workers throughout the pandemic.

  • China’s Probe into Nvidia: What This Means for the Chip Giant

    China’s Probe into Nvidia: What This Means for the Chip Giant

    China has open investigations into Nvidia Corp. because they think the US chip company may have broken rules about fair competition. This is part of a bigger conflict as the US tightens restrictions on technology.

    Recently, China’s government started looking into Nvidia’s actions and its past purchase of Mellanox Technologies Ltd., which is a significant deal from 2020. When the deal was approved, China allowed it under the condition that Nvidia would not treat Chinese companies unfairly.

    China’s actions against Nvidia come as a response to growing US technology restrictions. Just last week, China banned exports of certain materials that can be used for technology and military purposes. This year, Nvidia has seen a huge increase in its value due to high demand for computer chips used for artificial intelligence (AI), making it one of the most valuable companies and a primary target in the technology trade war.

    Nvidia purchased Mellanox for $7 billion, and as part of this deal, they had to share information about new products with competitors within 90 days of launching them. There has been no immediate comment from Nvidia.

    Nvidia’s stock price dropped by 2% in early trading on Monday, continuing its decline after dropping 1.8% the previous Friday, which put its market value at $3.49 trillion, making it the second largest US company after Apple.

    In the US, there have been new restrictions that prevent Nvidia from selling its most advanced chips to companies in China. Additionally, the US has asked its allies to do the same. For instance, the US government influenced the Netherlands to stop a company named ASML, which makes advanced chip-making machines, from selling, repairing, or maintaining its top equipment in China.

    In response to these growing restrictions, the Chinese government has also targeted US companies. For example, Micron Technology Inc. announced that about half of its sales linked to customers in China might be affected by a cybersecurity investigation by the Chinese government.

    Nvidia is facing scrutiny not only in the US but around the world. Their computer chips, previously popular for video games, are now crucial for training AI systems. As companies like Amazon try to challenge Nvidia’s market position, there is still high demand for these chips, which are very expensive and hard to find.

    Earlier this year, the US Justice Department assessed whether Nvidia broke antitrust laws because they were worried Nvidia was making it difficult for buyers to switch to other suppliers. A similar concern in France led to the country investigating Nvidia for potential antitrust issues, and the European Union is also looking into Nvidia’s business practices regarding AI chips.

  • Modi Talks Constitution: Key Issues and Concerns in Parliament

    Modi Talks Constitution: Key Issues and Concerns in Parliament

    Prime Minister Narendra Modi will talk about India’s Constitution on Saturday, December 14, in the Lok Sabha (the lower house of Parliament). The discussions will happen on December 13 and 14 in the Lok Sabha, and on December 16 and 17 in the Rajya Sabha (the upper house). Union Home Minister Amit Shah will lead the discussions in the Rajya Sabha on December 16.

    This plan came after an all-party meeting led by Lok Sabha Speaker Om Birla, as there have been many interruptions and little progress in Parliament’s winter session, which started on November 25. The session will last until December 20 and is mainly focused on the 75th anniversary of the Indian Constitution.

    However, the Opposition is worried about possible changes to the Constitution following some recent statements by important BJP leaders.

    Trinamool Congress (TMC) MPs will talk about the violence against minority communities, especially Hindus, in Bangladesh. They urge the government to take stronger action.

    The Samajwadi Party (SP) MPs will raise the issue of violence in Sambhal, Uttar Pradesh, and demand justice and a fair investigation. Meanwhile, the Congress party is still focusing on the Adani issue, accusing the ruling BJP of corruption related to the Adani Group. TMC leaders also plan to discuss other major issues like unemployment, rising prices, and unfair treatment of states ruled by the Opposition.

  • Juan Soto Signs Record $765 Million Contract with Mets!

    Juan Soto Signs Record $765 Million Contract with Mets!

    In a stunning move in sports, outfielder Juan Soto has agreed to a jaw-dropping 15-year contract worth $765 million with the New York Mets, according to reports. This deal is possibly the biggest in sports history! Just a few days ago, ESPN shared that Soto has chosen to leave the New York Yankees for the Mets.

    Soto’s new contract beats Shohei Ohtani’s $700 million deal when he switched from the Los Angeles Angels to the Dodgers just a year prior. Soto’s contract also surpasses the total career earnings of famous athletes LeBron James and Tom Brady, which is $761 million combined!

    The Mets’ owner, Steve Cohen, is known for spending big on players. In fact, he invested a record $341.8 million on his team’s 40-man roster for the 2024 season.

    Juan Soto is an amazing outfielder from the Dominican Republic. He has played for teams like the Washington Nationals and the San Diego Padres. Soto signed with the Nationals as a young free agent in 2015 and made his major league debut in 2018. He was a finalist for the National League Rookie of the Year Award that year. Soto played a crucial role in helping the Nationals win their first World Series Championship in 2019 and earned the Babe Ruth Award for his performance.

    In 2020, he won the National League batting title with an impressive .351 batting average. Over his career, Soto has won the Silver Slugger Award five times and is a four-time All-Star. He is known for having excellent plate discipline, ranking fifth in baseball history for walk rate and 17th for career on-base percentage among players with at least 4,000 plate appearances by the end of the 2024 season.

    During his rookie year in 2018, Soto became popular for his unique moves in the batter’s box. After he takes a pitch for a ball, he performs a fun dance called the ‘Soto Shuffle,’ where he swings his hips, brushes the dirt with his leg, taps his leg, hops, or squats while staring at the pitcher.

  • Waqf Board Receives No Land from Government Since 2019: Key Updates

    Waqf Board Receives No Land from Government Since 2019: Key Updates

    The Central government hasn’t given any land to the Waqf Board since 2019, said the Union Housing and Urban Affairs Ministry in the Rajya Sabha on Monday. Minister Tokhan Sahu explained that land issues are mainly handled by state governments, so the central ministry doesn’t have records of land given by them. He also confirmed that no land has been provided by the Government of India to the Waqf Board in this time.

    In August, the government introduced the Waqf (Amendment) Bill, which then went to a special committee after a lot of debate. The government claimed that the new law would not interfere with mosques. However, the opposition argued that it unfairly targets Muslims and goes against the Constitution.

    Recently, Jagdambika Pal, who leads the special committee, mentioned that they have contacted state governments to find out details about disputed Waqf properties in their areas. This came after a meeting of the committee on December 5, which was the first after they received extra time to work until the end of the next year’s Budget Session.