Tag: the llv

  • 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.

  • Market Valuations Explained: What’s Next for Your Investments?”

    Market Valuations Explained: What’s Next for Your Investments?”

    Sanjeev Prasad, a top expert from Kotak Institutional Equities, believes that the stock market hasn’t really corrected itself, despite recent drops. He notes that many stocks are currently priced fairly high, with not much chance of significant increase. For many companies, their market price is about four times their actual book value, meaning they might be overpriced. Prasad explains that while some shares have gone down in price, the overall market is still making things complicated due to companies with unclear values, especially in sectors like consumer goods, cars, and construction.

    Some industries, like hotels, are doing well, while others are struggling. For example, hospitality companies are seeing strong occupancy rates, but sales in food delivery services and quick shopping are also growing. However, he is cautious about certain industries, like cement and chemicals, stating that their high prices don’t match their actual earnings.

    He also thinks that even though the Indian economy is growing, many companies are making too much profit, and this could lead to lower profits in the future due to more competition and changing market dynamics. While government spending is expected to increase in the future, it might not be enough to significantly change how prices behave due to the high valuations that many companies hold. People in the market are likely reacting to news without focusing on real value or earnings.

  • Delhi’s Pollution Challenge: CNG Solutions and Supreme Court Actions

    Delhi’s Pollution Challenge: CNG Solutions and Supreme Court Actions

    As Delhi faces serious air pollution issues, Transport Minister Nitin Gadkari has suggested a big change to help improve the situation: switching completely to CNG-powered vehicles. He believes using cleaner options like biofuels and electric vehicles is important for a greener future and making India self-sufficient.

    Recently, Delhi was covered in thick smog, and the air quality was reported as ‘poor.’ According to data from the Central Pollution Control Board (CPCB), the air quality index (AQI) was at 274 this morning.

    Pictures from places like Akshardham Temple and ITO show the smog affecting visibility. At 8 am, the AQI readings in various locations revealed serious pollution. For example, Anand Vihar had an AQI of 294, ITO was at 235, IGI Airport (T3) was at 256, and places like Chandni Chowk and Jawaharlal Nehru Stadium both had AQIs of 250. Any AQI over 200 is considered poor.

    Earlier today, the Supreme Court rejected a request to relax strict measures aimed at fighting pollution in Delhi and plans to discuss this further in the next hearing. A bench of justices noted that none of the surrounding states—Delhi, Rajasthan, Haryana, and Uttar Pradesh—followed orders to pay compensation to construction workers. They will also call the Chief Secretaries of these states to join the next virtual meeting.

    The Supreme Court made it clear that any easing of rules will only happen if air quality starts improving. They will address this topic on Thursday. The court was not impressed with suggestions to relax pollution measures, stating that the AQI is still unstable.

    The SC has instructed the Commission on Air Quality Management (CAQM) to better communicate what needs to be done to combat pollution, and they emphasized the need for coordination among different agencies like the MCD, Delhi Police, and other environmental groups. The SC also ordered that court commissioners be provided proper protection while carrying out their duties

  • Rajya Sabha Functions Again: Key Issues Raised in Session

    Rajya Sabha Functions Again: Key Issues Raised in Session

    New Delhi:After several days of confusion, the Rajya Sabha, which is a part of India’s Parliament, started working normally again on Tuesday. Members of the House began discussing important public issues. They started with the Zero Hour, a time set aside for urgent issues, followed by the Question Hour where questions can be asked.

    Since the beginning of the Winter Session on November 25, the Rajya Sabha had not let any business happen because opposition members kept raising strong objections about various topics. These topics included serious claims of corruption against the Adani Group and recent violence in Sambhal, Uttar Pradesh.

    On Tuesday, members of the Samajwadi Party (SP) left the House during Zero Hour, and members of the Trinamool Congress (TMC) also walked out shortly. Earlier, Chairman Jagdeep Dhankhar mentioned that he had received 42 requests for adjournment under Rule 267, which is a record in the last 25 years of the Constitution. However, he did not approve any of these requests.

    Dhankhar also pointed out that one member had submitted more than one request under Rule 267 and said it was impossible to consider all of them. He expressed his disappointment that one request was made public before being discussed. This was called a serious issue and he said it would be talked about with leaders of different parties. He urged members to keep to high ethical standards.

    Later, the House moved on to mention important local issues. M Mohamed Abdulla (DMK) and Vaiko (MDMK) discussed the damage caused by Cyclone Fengal in Tamil Nadu. Subhasish Khuntia (BJD) asked for faster work on the new international airport planned for Puri, Odisha. Ram Gopal Yadav (SP) raised concerns about the recent violence in Sambhal. Congress member Pramod Tiwari also spoke about the same issue.

  • Devastating Floods in Tamil Nadu: Prime Minister Promises Relief Support

    Devastating Floods in Tamil Nadu: Prime Minister Promises Relief Support

    Many areas in Tamil Nadu were hit hard by heavy rains, causing flooding, damaged roads, and a lack of basic supplies. In Villupuram district, people in Arasur ran out of essential items and protested for help. Prime Minister Narendra Modi called Chief Minister M.K. Stalin to ask about the situation and promised support from the central government.

    Cyclone Fengal caused serious damage across 14 districts, ruining roads and electricity lines and causing major flooding. This storm led to the loss of 12 lives and destroyed countless homes, huts, and livestock. It also harmed local crops and irrigation systems.

    In Arasur, 18 people who had to take shelter in a damaged temple were rescued. Similarly, the National Disaster Response Force (NDRF) helped evacuate people and animals in Cuddalore district. A sad incident in Thiruvannamalai district resulted in the death of seven people, including five children, when a boulder crushed their house after rolling down from Annamalaiyar Hill due to mudslides. Their bodies were found after a long rescue operation.

    State Minister E.V. Velu visited the rescue sites and noted that the area had never experienced mudslides before, despite heavy rains since 1965. Schools in the Nilgiris, Ranipet, Salem, and Thiruvannamalai districts remained closed because of the situation. Chief Minister Stalin met with officials to discuss the damage and promised to speed up relief efforts.

  • Boosting India’s Economy Through Sports: Insights from a New Report

    Boosting India’s Economy Through Sports: Insights from a New Report

    The government should find ways to use sports to help the economy grow, according to a new report. This report, called the “Future of Sports in India,” suggests that the government should create policies that encourage more investment in sports facilities, events, and related products.

    It also recommends that the government offer incentives to companies to support sports programs as part of their Corporate Social Responsibility (CSR) efforts. This CSR funding could help set up high-performance training centers, equipped with experienced coaches, nutritionists, and both mental and physical trainers.

    The report states that the government should create policies to support training programs for coaches, sports managers, and jobs related to sports, especially in smaller towns and rural regions. Although the sports industry in India has made great progress, there are still some challenges, like financial struggles for athletes, unused facilities, and a need for more inclusivity. Solutions could include expanding financial aid, creating better career transition paths for athletes, and promoting an inclusive culture.

    Furthermore, the report highlights the importance of bidding for and hosting international sporting events and diversifying sports options across different states to also boost sports tourism. It notes that the Indian sports industry is growing rapidly and is expected to expand from $27 billion in 2020 to $100 billion by 2027. This growth is driven by the popularity of sports leagues, advancements in technology, and increasing interest in various sports. Areas like sports gear, clothing, and media rights are particularly contributing to this rise, with the sports media market projected to jump from $1 billion in 2020 to $13.4 billion by 2027. Finally, exciting performances by Indian athletes at the 2023 Asian Games and the upcoming 2024 Paris Olympics show that India is becoming more competitive in the world of sports.