The historic $44 billion Twitter-acquiring deal has been put on hold and Tesla CEO Elon Musk, the prospective buyer, made the announcement. He cited details pending on the microblogging site's claim that there are less than 5% fake/spam accounts available of the total number of users. “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk tweeted. He also shared a Reuters story on Twitter's claim. Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of usershttps://t.co/Y2t0QMuuyn — Elon Musk (@elonmusk) May 13, 2022 Reason for temporary hold One of Musk's primary objectives after formally acquiring the site is...
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Bangladesh Worries Falling Under Chinese Debt Trap Like Sri Lanka; Check Out Story Here!
The kind of economic crisis Sri Lanka is facing has raised concerns in Bangladesh as well. The common thing in Sri Lanka and Bangladesh is that both countries have taken loans from China. It is also one of the reasons behind the trouble Sri Lanka is in, its entanglement in the debt trap. China also has a large share of the total foreign debt on it. In view of the fears being expressed in Bangladesh's media and social media that a situation like Sri Lanka will arise here too, China has to issue an explanation. Dhaka based Chinese Ambassador Li Jiming spoke to reporters on Wednesday. During this, he made it clear that Bangladesh is not in any kind of debt trap. Earlier, the Chinese Ambassador met Bangladesh Foreign Minister AK Abdul Momin. This activism of the Chinese ambassador is bei...
Read MoreWill Pakistan Now Help Anti-Taliban Groups In Afghanistan? Read To Know More About Pakistan’s New International Strategy!!
The opinion among security experts of Pakistan has further strengthened that the Taliban government in Afghanistan is harboring anti-Pakistan terrorist groups. It is because of his patronage that the groups have been successful in carrying out deadly attacks inside Pakistan. The most prominent group that have been identified here is Tehreek-e-Taliban Pakistan, also known as Pakistani Taliban. To attack the bases, the Pakistani Air Force crossed the border and carried out attacks in the area of Afghanistan. This thing further worsened the relations between the two countries. It is reported that Shahbaz Sharif government of Pakistan has made up its mind to stop advocating for Afghan Taliban in international forums. There is also talk that the Pakistan may adopt a policy of helping ant...
Read MoreStartup Policy Of Madhya Pradesh Launched Today, Read To Know Important Things About It!!
The program of MP Startup Conclave is launched today and is going on at Brilliant Convention Center in Indore. PM Narendra Modi is virtually involved in the program. And he virtually launched the MP Startup Policy. Firstly at around 6 pm, CM Shivraj Singh Chouhan, Minister Omprakash Saklecha, Minister Tulsi Silavat, MP Shankar Lalwani, Minister Usha Thakur reached the stage and then he gave a speech and started the conclave with the slogan "Jai Madhya Pradesh, Jai Indore". PM while addressing the conclave said that when there is enthusiasm in the heart and there is a passion for innovation, then everything is possible. Youth are accelerating the development of our country with their new energy. Referring to the start-up policy of MP, he congratulated the government and the youth. PM Mod...
Read MoreConsidering the potential Indian sector, India's food processing industry is estimated at $135 billion which is growing at the rate of 8% annually. These signals somewhere truly indicate toward phenomenal shift toward food processing from traditional ways. GDP by processing constitute about 10% of that of agriculture. But given the potential of India, this can be an underachievement. India has about 26 forms of the different climates, 46 styles of soils are there in India out of a total of 60 sorts of soils worldwide. 127 ‘agro-climatic zones’ are identified in India. Also, Indian food is understood worldwide for its unique taste and aroma. India’s regional and cultural diversity is unique and perfectly reflected in food as emotions. Every state in India has something unique to s...
Read MoreA few days back a petition was filed in the Allahabad High Court to open the 20 closed doors of the Taj Mahal. And today the petition was heard in the Lucknow bench of the Allahabad High Court on Thursday. A division bench of Justice Devendra Kumar Upadhyay and Justice Subhash Vidyarthi dismissed the petition while hearing the case today at 2:15 pm. The petition was filed by Rajneesh Singh of Ayodhya. The petition claimed historian PN Oak's book, Taj Mahal, claiming that the Taj Mahal is actually Tejomahalaya, which was built by King Parmardi Dev in 1212 AD. The petition also claimed that there is a temple of Lord Shiva within the closed doors of the Taj Mahal. The petition also mentioned the recent controversy of Jagatguru Paramahamsa of Ayodhya going there and stopping them due to ...
Read MoreRural Population Suffers Most From Substandard Health Care Infrastructure; Check Data!
India, home to 1.4 billion people, has been plagued by having one in every of the best amounts of premature and preventable deaths in the world for several years. Over 50% of those premature deaths are caused by treatable diseases like malaria, pneumonia, and encephalitis. The lack of accessibility to hospitals may be a huge factor for many of those deaths as India has one in all the bottom hospital beds per capita in the world. India ranks 155th in 167 countries with 3 beds for every 10,000 people. For Indians, about to a hospital is already a really difficult and arduous task. Since most Indians live in rural India, where there aren't many hospitals around just in case of emergencies, they're impeded from access to basic healthcare. However, whether or not there's a hospital nearby...
Read MoreRetail Inflation Jumped To All-Time High In Last Eight Years; Read To Know Reasons!
The common people of the country have once again suffered a major setback on the inflation front. In fact, retail inflation has increased more than expected in the month of April. According to the data released by the government on Thursday, the Consumer Price Index (CPI) in the month of April stood at 7.79%. This figure for retail inflation is the highest in the last eight years. Retail inflation has risen on the back of a sharp rise in food prices and has remained above the Reserve Bank's target upper limit for the fourth consecutive month. Inflation based on the Consumer Price Index (CPI) stood at 6.95% in March this year and was 4.23% in April 2021. Food inflation rose to 8.38% in April, from 7.68% in the previous month and 1.96% in the same month a year ago. The government has a...
Read MoreUttar Pradesh: Yogi Government Terminates DGP Mukul Goel For ‘Negligence’ And ‘Indolence’
According to an official statement, the administration of Yogi Adityanath terminated Mukul Goel's position as the chief policeman in the state of Uttar Pradesh on Wednesday night. The administration cited Goel's "indolence" and "ineffectiveness" as the reasons for his termination. The government of Uttar Pradesh has done something that has never been done before. Since the current government assumed office, there has been a rise in the number of particularly severe crimes, such as rape and murder. It has never happened before that a director-general of the Police has been dismissed from their position for this particular reason. The state government of Uttar Pradesh disciplined him by assigning him a subordinate position in one of the state's civil defence agencies. The DGP h...
Read MoreSri Lanka Crisis: Learn How Identity Politics, Linguistic Disempowerment Lead To Disaster
The origins of the linguistic disenfranchisement of the Tamils owed partly to the appeasement of the Buddhist clergy, which is nearly exclusively Sinhala. It not only caused the alienation of the Tamil-speaking population but led to the formation of the LTTE, a terrorist organisation, and a war. The Liberation Tigers of Tamil Eelam were finally vanquished, but it took over two-and-a-half decades for the Sri Lankan state to realize this. In the meanwhile, there was an exodus of Tamils, the better-off leaving for the West and, those that could escape, heading for Madras. With the Tamils having had a big presence within the professions, the country experienced a loss of experience in most spheres. The impact of a loss of technical expertise on an economy is slow and infrequently i...
Read MoreSri Lanka has been in the news such a lot recently that its current woes are the things of popular knowledge. The acute deprivation caused to its people thanks to the absence of their staple food at a reasonable price within the market and therefore the shortage of petrol at the pump is evident. The Covid-19 Pandemic that put the entire tourism industry on hold which was the beauty of Sri Lanka. As far as the percentage is concerned, It accounted for 10% of Sri Lanka’s GDP. This led to a dip in the forex reserve (from $7.5 billion in 2019 to $2.8 billion in July 2021). High debt resulting from other sources of revenue led to high cost in importing of essential items, including food. A depreciated currency, high dependence on imports and hoarding led to a steep rise in food ...
Read MoreEU Looking Into Halting Oil Purchase From Russia: Learn How Will It Impact Its Economy
The European Union (EU) is conducting an in-depth assessment of the extent to which the Russian economy will be affected by a complete halt to Europe's purchase of oil and gas from Russia. Experts are trying to guess the amount of oil and gas that European countries buy from Russia, will Russia be able to find new customers to sell it? Half the market out of reach of Russia The EU had previously been reluctant to stop oil and gas imports from Russia. But now there is a consensus about this. EU experts are of the opinion that if Russia is unable to find new customers, its economy will be badly hurt by the EU halting purchases. Oil and gas are the biggest sources of foreign exchange income for Russia. The US, Canada, Britain, and Australia have halted purchases of Russian oil and gas. J
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