President Joe Biden announced he is ending his re-election campaign. The decision came after facing pressure from fellow Democrats. Concerns about his mental acuity were cited as the main reason. Biden stated this move is in the best interest of the country. He will remain in office until January 2025. Kamala Harris Endorsed Biden’s withdrawal opens the path for Vice President Kamala Harris. She now has the opportunity to run for president. Harris would be the first Black woman to do so in U.S. history. Biden did not mention her…
Year: 2024
Byju’s Faces Shutdown Amid Insolvency Crisis, CEO Warns
Indian ed-tech giant Byju’s, once valued at $22 billion, faces a total shutdown if insolvency proceedings continue, warned its CEO in a court filing. The financial troubles of the company could lead to thousands of employees quitting and a complete halt of its services. Recent Setbacks Byju’s, backed by notable investors like Prosus and General Atlantic, has faced multiple setbacks recently. These setbacks include significant job cuts, a dramatic drop in valuation, and ongoing disputes with investors. The investors have accused CEO Byju Raveendran of corporate governance lapses, allegations which…
Trump’s First Call as Republican Nominee; Guarantees to End Ukraine-Russia War After Call with Zelenskyy
Donald Trump has pledged to end the Ukraine-Russia war following a congratulatory call from Ukrainian President Volodymyr Zelenskyy. The two leaders spoke over the phone on Friday, marking Trump’s first conversation with a foreign leader since officially becoming the Republican Party’s presidential nominee. This call highlights the growing international awareness of Trump’s potential impact on the November 5 elections. Call Details and Trump’s Promise In a post on Truth Social, Trump shared the details of their conversation. “President Zelenskyy of Ukraine and I had a very good phone call earlier…
Uddhav Thackeray Vows to Scrap Dharavi Redevelopment Tender if Elected
Uddhav Thackeray, Shiv Sena (UBT) chief, announced on Saturday his plan to scrap the Dharavi slum redevelopment project tender awarded to Gautam Adani’s firm if his party gains power in Maharashtra. He emphasized that the residents and businesses of Dharavi should not be uprooted. Thackeray insisted that locals must be provided with 500 square feet houses within the locality. “We will not allow Mumbai to be turned into Adani city.” During a press conference, Thackeray questioned why the current government should not cancel the tender immediately. He declared, “We will…
500 Para Commandos Deployed to Combat Pakistani Terrorists in Jammu
In response to the infiltration of highly trained Pakistani terrorists in the Jammu region, the Indian Army is readjusting its deployments. Intelligence inputs and security requirements have necessitated this move. Special Forces on the Ground The Indian Army has deployed approximately 500 Para Special Forces commandos to hunt down 50-55 terrorists from Pakistan. These terrorists have entered the region to revive terrorism, according to defence sources. Intelligence agencies have also strengthened their operations in the area. They are targeting the terrorist support infrastructure, including overground workers who assist the terrorists.…
UPSC Chairperson Manoj Soni Resigns Amid ‘Fake Certificate’ Controversy!
Union Public Service Commission (UPSC) Chairperson, Manoj Soni, has resigned nearly five years before the end of his tenure. Sources revealed that Soni resigned for “personal reasons.” He joined the UPSC in 2017 and became Chairperson on May 16, 2023, with his tenure expected to last until 2029. However, a source informed The Hindu that Soni resigned about a month ago. There is still no clarity on whether his resignation will be accepted. Not Linked to Fake Certificate Scandal The anonymous source emphasized that Soni’s resignation is unrelated to recent…
Bangladesh Imposes Nationwide Curfew Amid Violent Protests
The Bangladesh government, led by Prime Minister Sheikh Hasina, imposed a nationwide curfew and deployed military forces after violent protests over the government job quota system escalated. The unrest reached a critical point on Friday when protesters stormed a jail in Narsingdi, freeing hundreds of inmates and setting the facility ablaze. Official Announcement and Response Obaidul Quader, the general secretary of the ruling Awami League party, announced the curfew and the deployment of the military. This decision followed deadly clashes where police and security officials fired on protesters. The death…
Elon Musk Congratulates PM Modi on social media Milestone
PM Modi Becomes Most Followed World Leader on X Tech billionaire Elon Musk congratulated Prime Minister Narendra Modi on becoming the most followed world leader on the social media platform X. “Congratulations PM Narendra Modi on being the most followed world leader!” the Tesla CEO posted on Friday. A Historic Milestone Prime Minister Modi achieved this milestone on July 14. He announced it on X with a post: “A hundred million on X! I’m happy to be on this vibrant medium and cherish the discussion, debate, insights, people’s blessings, constructive…
Budget 2024: Will Finance Minister Nirmala Sitharaman Restore Railway Fare Concessions for Senior Citizens?
As Finance Minister Nirmala Sitharaman prepares to present the first budget of the Modi 3.0 government on July 23, there is growing anticipation among various sectors. Among the hopefuls are senior citizens eagerly awaiting the potential restoration of discounts on train tickets—a benefit that was discontinued with the onset of the COVID-19 pandemic. Historical Context of Concessions Before March 2020, senior citizens in India enjoyed significant discounts on train travel. Women senior citizens were eligible for a 50% discount, while male and transgender senior citizens received a 40% discount on…
Recent Major Tech Outages: Global Disruptions Across Multiple Sectors | DETAILS
Global: A major tech outage on Friday caused widespread disruptions across multiple sectors, including airlines, broadcasters, banking, and healthcare services. The cybersecurity firm Crowdstrike has been addressing issues related to a defect found in a Microsoft Windows update, which has been identified as a contributing factor to the outages. Recent Tech Outages and Their Impact British Airways – May 2017 In May 2017, British Airways faced a significant computer system failure that stranded 75,000 passengers over a holiday weekend. The disruption, caused by a maintenance contractor accidentally switching off power,…