Donald Trump has said he would place very high taxes (100% tariffs) on goods coming from countries in the BRICS group if they try to replace the U.S. dollar in global trade. BRICS includes countries like Brazil, Russia, India, China, and South Africa, along with newer members like Iran, Egypt, Ethiopia, and the UAE. Why is this happening? Some BRICS countries have been discussing the idea of creating their own currency to us

A 5.3-magnitude earthquake struck Telangana's Mulugu district early Wednesday morning, with tremors felt in Hyderabad and parts of Andhra Pradesh. The earthquake occurred at 7:27 AM, causing panic among residents. Authorities have reported no immediate casualties or significant damage. Experts have advised residents to remain alert and avoid unsafe structures during aftershocks. “EQ of M: 5.3, On: 04/12/2024 07:27:02 IST, Lat: 18.44 N, Long: 80.24 E, Depth: 40 Km

On Monday, the Biden administration informed Congress about its decision to approve the sale of MH-60R Multi-Mission Helicopters and related equipment to India, valued at approximately $1.17 billion. This move is aimed at boosting India’s anti-submarine warfare capabilities, enabling the country to better deter current and future security threats. The sale includes advanced systems such as Multifunctional Information Distribution System-Joint Tactical Radio Systems (MIDS-JTRS), infrared

South Korean President Yoon Suk Yeol declared emergency martial law on Tuesday, accusing opposition lawmakers of undermining the state and threatening the stability of the nation’s governance. This move comes amid a fierce parliamentary conflict over the budget bill for the next fiscal year. The opposition Democratic Party has slashed key portions of the budget, including funds for national security, law enforcement, and Yoon's office, in a dispute that has paralyzed the legislative

In Mumbai, tensions remain high as the BJP and Shiv Sena navigate the selection of the next Maharashtra Chief Minister. Senior BJP leader Devendra Fadnavis met with outgoing Chief Minister Eknath Shinde amidst ongoing discussions about leadership following the recent state elections. Fadnavis, widely regarded as a top contender for the position, is expected to be appointed as Chief Minister after BJP MLAs meet to choose their legislature party leader. However, the issue lies in conv

Bangladesh summoned India's High Commissioner to Dhaka after the closure of its visa and consular services in Tripura, India, due to a security incident involving a protest in Agartala. The protest, which occurred against the arrest of Hindu monk Chinmoy Krishna Das, led to about 50 people entering the Bangladesh Assistant High Commission's premises. The Bangladeshi government expressed concerns over the lack of local police action to contain the situation, which left mission staff fe

Junaid Ahmed Bhat, a senior commander of the militant group Lashkar-e-Taiba (LeT), was killed by security forces in a gunfight in the Dachigam hills near Srinagar. The encounter began on Monday night when the Jammu and Kashmir Police's Special Operations Group (SOG) and the Indian Army launched a cordon-and-search operation (CASO) in the Dachigam-Tral area. This was prompted by intelligence reports indicating the presence of a group of militants in the region. During the ongoing

In a significant escalation of trade tensions, China announced on Tuesday that it would ban the export of several key materials, including gallium, germanium, and antimony, to the United States. These materials are vital for high-tech applications, including advanced electronics and military technologies. The Chinese Commerce Ministry's decision follows a recent expansion of the U.S. “entity list,” which now includes 140 Chinese companies—many based in China, though some

During a meeting at Donald Trump’s Mar-a-Lago estate in Florida, President-elect Trump reportedly joked with Canadian Prime Minister Justin Trudeau about making Canada the 51st state of the United States. The two leaders were discussing serious issues, including trade imbalances and border security, which had become a focal point for the incoming administration. Trump had previously threatened to impose a 25% tariff on Canadian goods if Canada did not address issues like illegal immigra

On Tuesday, a bomb threat email was sent to the regional office of Uttar Pradesh Tourism, claiming a danger to the iconic Taj Mahal. The authorities swiftly responded by deploying a bomb disposal squad, a dog squad, and other security personnel to thoroughly inspect the area. After an extensive search, no suspicious objects or threats were discovered, confirming that the email was a hoax. ACP Sayed Areeb Ahmad, who oversees Taj Mahal's security, reassured the public that the sit

The Indian Institute of Management (IIM) Calcutta is expected to release the provisional answer key for the Common Admission Test (CAT) 2024 today. Once available, candidates can visit the official website, iimcat.ac.in, to download the answer key. The objection management window will be open from December 3 at 6 pm to December 5, 2024, at 11:55 pm, allowing candidates to raise any objections. After evaluating the objections, IIM Calcutta will announce the final results, expected by the secon

External Affairs Minister S. Jaishankar addressed the Lok Sabha on Tuesday, providing an update on the current state of India-China relations, which have seen improvement following the tensions that arose from the 2020 military clash in eastern Ladakh. The clash, which resulted in fatalities on both sides, marked a significant deterioration in the two countries' ties, making the situation "abnormal" until recent diplomatic efforts led to progress. Jaishankar explained

Winter is here, and with it comes an abundance of fresh seasonal produce that food lovers eagerly await. Among the winter vegetables, one that truly shines is the humble radish, or mooli. Its earthy flavor and crunchy texture make it a versatile ingredient in various dishes. Whether it's added to parathas, sabzis, or fresh salads, mooli never disappoints. But if you're really fond of radishes, there's a must-try dish this season: Murauri, a traditional Bi

Gujarat opener Urvil Patel has made history by smashing his second T20 century in just six days, achieving the feat in the Syed Mushtaq Ali Trophy against Uttarakhand at the Emerald High School Ground. Patel reached his hundred in just 36 balls, leading Gujarat to an easy eight-wicket win in 13.1 overs. His 115* off 41 balls, which included eight fours and 11 sixes, propelled Gujarat to chase down 183 with 41 balls to spare. This remarkable feat comes just a week after Patel scored

PV Sindhu, the renowned double Olympic medallist badminton player, is all set to marry Venkata Datta Sai, an executive director at Posidex Technologies, on December 22, 2024, in Udaipur. The announcement comes just days after Sindhu clinched the Syed Modi International title, marking the end of her long trophy drought. Wedding events will commence on December 20, with a reception planned in Hyderabad on December 24. Sindhu’s father, PV Ramana, explained that the fami

Former Australian wicketkeeper-batter Adam Gilchrist has shared his insights on Marnus Labuschagne's recent dip in form, attributing it to tough conditions and strong opposition rather than any technical flaws. Gilchrist expressed confidence in Labuschagne's abilities, calling him a "class act" who has shown resilience in the face of challenges. Despite recent struggles, Gilchrist believes Labuschagne remains a top player in world cricket, having dominated for years.

Corporate governance advisory firms are urging shareholders to vote against the proposed reappointment of Gautam Singhania as the executive chairperson of Raymond Lifestyle Ltd., due to concerns regarding his remuneration package, unclear governance practices, and ongoing personal controversies. Singhania, who is currently the chairperson and managing director of Raymond Ltd., has sought a five-year term as the executive chairperson of Raymond Lifestyle starting from September 1, 2024. His pr

The public issuance of non-convertible debentures (NCDs) has significantly slowed down due to heightened regulatory scrutiny, particularly by the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI). According to SEBI data, Indian companies raised only Rs 5,526 crore in public NCD issues from April to October 2023, which marks a 59% decrease compared to the same period last year. Public issues allow companies to borrow from the general public by offering debt secu

A panel of state ministers has recommended changes to the Goods and Services Tax (GST) structure, specifically targeting sin goods, including tobacco products, aerated beverages, and luxury cars. These goods are currently taxed at the highest 28% GST rate, along with an additional cess. The proposal, which is part of a rate rationalisation report, is set to be presented before the GST Council in its upcoming meeting later this month. The Group of Ministers (GoM), led by Bihar Deputy Chief Min

The National Pension Scheme (NPS) Vatsalya, launched on September 18, 2023, has seen a positive response from Indian parents looking to invest in their children's future. As of November 17, 2023, the scheme has attracted 66,495 subscribers, with Maharashtra leading the pack with 9,219 accounts. Andhra Pradesh and Karnataka follow closely with over 6,500 subscribers each. In total, 18 states have seen over 1,000 accounts opened, demonstrating the scheme’s growing appeal. Th