Impact of China’s Export Restrictions on Indian Manufacturing: India’s manufacturing industry is facing significant disruptions due to China’s export restrictions, which are part of the ongoing trade tensions between the United States and China. These curbs primarily affect industries in India that rely on raw materials, machinery, and components from China, such as the solar po

Months before the 2024 Lok Sabha elections, Finance Minister Nirmala Sitharaman presented an interim budget in February to manage the government’s immediate financial needs. After the BJP-led NDA returned to power for a third term, she unveiled the comprehensive Union Budget for the financial year 2024-25 on July 23. While both budgets play a significant role in the nation's fiscal planning, their objectives and scope are different. An interim budget is a temporary financi

The Union Budget for the upcoming financial year is expected to include provisions for promoting artificial intelligence (AI) in India. According to sources, a special policy package for AI is being formulated, with a focus on AI-skilling schemes and the establishment of AI centres. Additionally, the budget is likely to allocate funds to support these initiatives, ensuring measures are in place to safeguard employment in light of AI's rapid advancement. The Ministry of Finance h

Union Minister Ashwini Vaishnaw has strongly rebutted Meta CEO Mark Zuckerberg’s claims regarding the 2024 Indian elections, labelling them "factually incorrect." Zuckerberg, in a recent appearance on the Joe Rogan podcast, suggested that most incumbent governments globally, including India's, lost in the 2024 elections due to post-Covid dissatisfaction. However, the Narendra Modi-led National Democratic Alliance (NDA) won a decisive third term in India, securing the trust

On Friday, Nicolas Maduro was sworn in for a third six-year term as Venezuela's president, despite widespread accusations of election fraud and a growing wave of international opposition. Having served as president since 2013, Maduro has weathered numerous crises, including a collapsing economy, US sanctions, and ongoing protests. His controversial victory in the July 2024 elections was followed by violent crackdowns, which saw over 2,400 people arrested and at least 28 killed. This marks

Expansion of China's Trade-In Scheme China is extending its consumer trade-in program, originally launched in March 2024, to help stimulate demand in the struggling household sector. The scheme now includes additional home appliances such as microwave ovens, dishwashers, and rice cookers. In an effort to boost the digital goods market, subsidies are also being offered for products like smartphones, tablets, and smartwatches. Consumers who trade in old products can receive subsidies

Infosys, the major IT company, has postponed its annual salary hike for the fourth quarter of FY 2024-25, following the last increase in November 2023. This delay highlights the ongoing uncertainties within the domestic IT sector. One of the key reasons cited for the slowdown is the lack of increased IT spending from clients, influenced by macroeconomic factors, including potential tariffs under the upcoming Donald Trump administration. Infosys is not alone in this move, as other large IT com

A court in Bangladesh has issued a second arrest warrant for former Prime Minister Sheikh Hasina, accusing her of enforced disappearances during her time in power. The new charges, which were announced by the chief prosecutor of the International Crimes Tribunal (ICT), Tajul Islam, involve Hasina, her military adviser, and several law enforcement officials. Over 500 people were allegedly abducted by Bangladesh's security forces under her regime, with some of them detained in secret locati

The University of Hyderabad (UoH) has opened applications for the 2025-27 MBA programme. Interested candidates can apply via the official websites acad.uohyd.ac.in and uohyd.ac.in. The deadline for submission is January 15, 2025. Applicants must have a minimum of a three-year first-class Bachelor's degree, with 60% marks or equivalent, and must have appeared for CAT 2024. Shortlisted candidates will undergo a Grou

In 2024, the collective wealth of the world’s top 500 billionaires surged to a staggering $10 trillion, marking an unprecedented milestone. The year saw tech giants Elon Musk, Mark Zuckerberg, and Jensen Huang dominate the wealth rankings, with their fortunes significantly boosted by a rally in US technology stocks. Tesla, Meta, and Nvidia stocks performed exceptionally well, contributing heavily to the increase in wealth. Musk, the wealthiest individual, saw his fortune soar to $442.1

The Airport Authority of India (AAI) has launched its recruitment drive for 89 Junior Assistant (Fire Services) positions across India. Candidates interested in applying for these positions must meet the educational qualifications, which include being a 10th pass with a three-year approved diploma in Mechanical, Automobile, or Fire disciplines, or having completed their 12th standard (regular study). The online registration for the recruitment will close on January 28, 2025, and applicants ca

The Staff Selection Commission (SSC) has officially announced the date for the SSC CPO 2024 Paper 2 examination. Scheduled for March 8, 2025, Paper 2 will be an essential part of the selection process for Sub-Inspector (SI) positions in Delhi Police and the Central Armed Police Forces (CAPF). Candidates are advised to regularly check the SSC official website for any updates or changes to the exam schedule. The SSC CPO selection process consists of four stages: Paper 1, Physical Stan

The highly anticipated OnePlus Watch 3 is expected to launch soon as the successor to the OnePlus Watch 2, which debuted at MWC 2024. Recent reports have revealed several features of the smartwatch, but a new update has introduced the possibility of a Pro variant. According to a report, the "OnePlus Watch 3 Pro" was discovered in the source code of the OHealth app, alongside the Oppo Watch X2 series monikers. This suggests that the OnePlus Watch 3 Pro and Oppo Watch X2 could share s

Tonight, skywatchers will be treated to a rare and exciting astronomical event: a black moon, which is the second new moon to occur in December. While blue moons, or two full moons in a month, are relatively well-known, black moons are much rarer and are often misunderstood. A black moon occurs when the second new moon of the month takes place, and the new moon’s natural invisibility is further enhanced. As a result, this phenomenon makes it difficult to spot with the naked eye, but it

As the US tourism industry struggles to return to pre-pandemic levels, the hospitality sector has found hope in the rising number of Indian visitors. In 2024, nearly 1.9 million Indians traveled to the US, marking a 48% increase from 2019, driven by a rise in business and leisure visas. This influx is supporting the recovery of US tourism, with hotels and travel companies adjusting their offerings to cater to Indian tastes, such as providing chai and samosas in hotel lobbies and airing popula

Germany's government has accused US billionaire Elon Musk of attempting to influence the upcoming February elections by publicly supporting the far-right political party, Alternative for Germany (AfD). Musk, who is known for his support of US President-elect Donald Trump, made headlines earlier this month by claiming that "only the AfD can save Germany" on his social media platform X. He further solidified his stance with an opinion piece in a German Sunday newspaper.

The National Aluminium Company Limited (NALCO) is set to begin its recruitment process for various positions in 2024, targeting 518 vacancies across two complexes—S&P Complex in Angul and M&R Complex in Damanjodi. Interested and eligible candidates can apply through the official website, mudira.nalcoindia.co.in, starting from tomorrow. The last date to submit the online application is January 21, 2025. Vacancies are available in diverse roles such as Fitter, Electrical

A new report reveals that 2024 is set to become the warmest year on record, with global temperatures averaging 1.5°C above pre-industrial levels, marking a significant milestone in the climate crisis. According to Copernicus, the year also saw an alarming increase in extreme heat days, with the world experiencing 41 more days of dangerous heat than in previous years. The study, conducted by World Weather Attribution (WWA) and Climate Central, indicates that small island nations bore the b

India has made substantial progress in its infrastructure development in 2024, with multiple major projects completed and new ones lined up for the coming years. The government’s commitment of Rs 11 lakh crore in capital expenditure this fiscal year, alongside strategic initiatives like the National Infrastructure Pipeline and PM GatiShakti National Master Plan, has fueled this growth. Key Infrastructure Projects in 2024:

In 2024, the wedding industry in India has seen a resurgence in spending after the lull caused by the pandemic, with metropolitan cities driving a significant increase in demand for wedding services. Wedding budgets have grown by 6.7%, with the average expenditure reaching Rs 35.6 lakh. As wedding costs rise, so has the demand for gold and jewelry, especially due to the soaring prices of gold, which have increased from Rs 63,500 to Rs 80,000 per 10 grams. Destination weddings, which