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Showing posts from January, 2021

Sensex hits historic 50k Mark:

- January 23, 2021

What’s next in the Indian Capital Market The Indian market is looking well in control of the bulls, with a growth rate of 15% this year which has led to the benchmark indices reaching record heights. The Sensex on Thursday crossed the 50k mark and the Nifty 50 reached the 14,600 for the first time in its history. The market capitalization crossed the mark of 197 lakh crore and reached the mark of 2.7 trillion USD for the first time in its history. This elation in the market can be credited to the optimism among many investors regarding the announcements in the Budget 2021. Much part of this is also supported by the global equity which is almost of Rs 20000 crore in the cash segment of the Indian Equity market in January. This over-optimism towards the announcement of the Indian Budget is due to the fact that the Finance Minister announced that this year’s budget will be unlike anything in the past 100 years. If the announcements of the budget fail to meet the expectations there could

Five died in Serum Institute of India’s Pune campus : Production of Covishield safe

- January 21, 2021

F ive laborer's were charred to death in a fire that broke out in the fifth floor of a building under construction of vaccine manufacturing major Serum Institute of India (SII) in Pune’s Manjari area on Thursday afternoon. The five deceased were contractual labourers- two hailing from Uttar Pradesh, two from Pune district and one from Bihar. According to sources, four others were evacuated from the building when the first blaze, which was apparently caused by an electrical fault, erupted around 2 p.m. A second, relatively a minor blaze, occurred at 7 p.m. on the third floor of the same building. Both fires has been brought under control, said fire department authorities. Maharashtra Health Minister Rajesh Tope said the fire had not harmed SII’s ‘Covishield’ vaccine storage, which is sited at a distance from the blaze, in any way. C yrus S. Poonawalla, Chairman and Managing Director, SII, said the institute would offer a compensation of ₹25 lakh to each of the families of the decea

2.3 % Grew in China’s Economy

- January 18, 2021

China’s economy recovered to pre-pandemic growth rates in the fourth quarter, propelling it to a stronger than expected full-year expansion of 2.3% and making it the only major one to avoid contraction. Gross domestic product climbed 6.5% in the final quarter from a year earlier, fueled by stronger-than-expected industrial output, the statistics bureau said Monday. Covid-19, which has ravaged the world economy, first emerged in central China in late 2019. But the world's second-largest economy also became the first to bounce back after imposing strict lockdowns and virus control measures. It is expected to be the only major world economy clocking positive 2020 growth. In the last three months of 2020, China's economic rebound continued with a better-than-expected 6.5 percent growth on-year, a sustained improvement since the second quarter. This brings it back to a pre-pandemic trajectory, although full-year 2020 growth is still its worst performance since 1976, when the ec

Nation knowns - The leaked Story

- January 17, 2021

In an explosive exposé it has been disclosed that Republic TV's Editor-in-Chief Arnab Goswami purportedly knew about India's plan to attack Pakistan to take the revenge of the Pulwama terror attack in advance. Additionally, he even seemed to have shared this sensitive information with former BARC chief Partho Dasgupta. From the leaked WhatsApp conversation between Arnab Goswami and Partho Dasgupta, the journalist-cum-proprietor claims to hint that "something major will be done" which will be "bigger than a normal strike". Strangely , the discussion is dated February 23, 2019, which was approximately three days before the IAF-led airstrikes in Balakot, Pakistan. Given the nature of sensitive information discussed in the leaked WhatsApp chats, the Opposition has trained guns at the Republic TV's Editor-in-Chief and questioned his intentions. The Opposition parties are now demanding an internal inquiry into the alleged leak while military experts acr

Pollution: All you need to know

- January 14, 2021

Introduction of pollution. Pollution is the existence or penetration of a material or thing that has a substance or entity into the atmosphere (squirro, 2013) which can give Deleterious or toxic results. Essentially, it'sanything thing which will harm the surrounding environment. There are different kinds of pollution like air pollution, water pollution, land pollution, etc. All sorts of pollution are caused by different means and are harmful to both humans and therefore, the environment. Pollution is the introduction of chemicals that cause a significant change within the environment. Pollution may take the shape of either light, heat, or chemical compounds, like energy. Pollutants are emission agents that will be produced either spontaneously or from a man-made source. Such toxins affect the soil, air, and water. Pollution is divided into the contamination of the purpose source and non-point source. Pollution is such a gigantic concern

What's in it for middle class

- January 12, 2021

As India looks to recover from the disastrous Covid-19 blow, the common man who is still reeling under the effects of the pandemic is awaiting some relief from the upcoming union budget. The union budget will be presented by the country's Finance Minister Nirmala Sitharaman on February 1st, 2021. Here are some expectations by a common man from the Budget 2021. Standard deduction for work from home: Coronavirus had made more people work from home than ever before. Big or small, all offices are empty while homes which used to be a source of peace and calm have become chaotic and stressful. With no end in sight for the pandemic, India’s salaried class is braving difficult times keeping up with working from home. Coronavirus had made more people work from home than ever before. Big or small, all offices are empty while homes which is used to be a source of peace and clam have became chaotic and stressful. With no end in sight for the pandemic. India's salaried class is bra

Supreme Court Suspends Farm bills

- January 12, 2021

The Supreme Court Tuesday suspended the implementation of the three farm laws until further notice, and set up a committee comprising experts to hear the parties and understand the ground situation. When told the farmer unions were not willing to appear before the committee, the bench said those “genuinely” interested in finding a solution would do so. The farmer unions reiterated that they will not participate in any court-ordered committee process and they would not call off their protest until the newly enacted legislations are repealed. “It is clear that the court is being misguided by various forces even in its constitution of a committee. These are people who are known for their support to the 3 Acts and have actively advocated for the same,” a statement issued by All India Kisan Sangharsh Coordination Committee (AIKSCC) said. The ruling came on a batch of petitions challenging the validity of the three farm laws that were enacted last September. A detailed order is expected l

Budget 2021 Expectations: Rebound in sight?

- January 11, 2021

All eyes are on the upcoming budget for the next financial year as India looks to recover from the disaster caused by the coronavirus pandemic 2020-21. The government has already started consulting stakeholders and industry experts ahead of all important annual budget announcements for 2021-22. The budget for the next fiscal year will be announced by the Finance Minister Nirmala Sitharaman on February 1, 2021. A few days ago, finance minister Nirmala Sitharaman promised a budget like ‘Never before’ indicating that the government is set to take difficult steps required to boost the damaged economy. Focus on Agriculture Reforms As the Farmer protest continues, with no sign of end to that impasse between incensed farmer and a determined centre one thing is clear. Unlike in the past, when agriculture got not much, this time round, Finance Minister, Nirmala Sitharaman will take care to ensure the Budget sends the right message: that this is a government that cares for farmers and farmer we

Bird Flu in India

- January 09, 2021

Centre has today confirmed the presence of Avian Influenza popularly known as Bird Flu in six states: Kerala, Rajasthan, Madhya Pradesh, Himachal Pradesh, Haryana and Gujarat. This led to the center asking the unaffected states to keep a vigil on any unusual mortality among birds. So far, Central teams have been deployed in Kerala, Himachal Pradesh and Haryana to do epidemiological research. In Delhi, 16 birds have died unusually whose test samples have been sent to ICAR-NIHSAD for testing. The center on Wednesday had issued a statement saying that Avian Influenza outbreak had been reported in 12 epicenters in Kerala, Rajasthan, Madhya Pradesh and Himachal Pradesh. While Haryana is on high alert due to unusual mortality at poultry farms at Panchkula. In Panchkula, some 1.6 lakh birds are to be culled since some poultry samples from the area have tested positive for Avian flu. The government further said that awareness among poultry farmers and general public about the disease is of ut

The State of Vaccine in India

- January 07, 2021

India's top drug regulator on 3 January approved Covishield and Covaxin as vaccines for restricted use against Covid-19, paving the way for mass vaccination against the virus that has so far infeed over a crore people and killed nearly 1.5 Lakh. A look at these Vaccines, how they were approved and what this means for the population. How does Covishield work? Covishield is a pharmaceutical company Serum Institute of India's version of the Oxford - Astrazeneca vaccine that was approved by the UK Government. Covishield known as CHAdOxln Cob-19 or AZD1222, the vaccine is based on a weakened version of a common cold virus or the adenovirus that is found in Chimpanzees. The viral vector contains the genetic material of the SARS -Cov-2 spike protein – protrusions present on the outer surface of the virus that helps it blind with the human cells. As with most vaccines, the Oxford - AstraZeneca version produces the mimic spike protein that then triggers an immunological r

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