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U.S. retreat on abortions

It is the darkest day in American history when the superpower is ahead of all other nations in terms of rights! The country's Supreme Court has struck down a five-decade-old legal abortion right for women. It struck down a 50-year-old ruling that gave all women across the country that right. Six of the nine judges (five of them men) ruled against the right to abortion, while three Liberal justices (two of them women) ruled in favor. With this ruling, all the states where the Republicans are in power are likely to deal harshly with abortion. Abortion rights activists have expressed concern that the ruling will turn American women into second-class citizens. They estimate that nearly half of all women of childbearing age in the country are in Republican-dominated states. Responding to the ruling, US President Biden said it was a sad day for the United States and the courts. He also said that the court has done something it has never done before. It has taken away the fundamental co...

China has a population of 58 crores by 2100!

  Amazing evolution in China, the most populous country in the world! The population there is declining massively. It’s an interesting and surprising development in China. The first highest populated nation might not retain its position by the year 2100. In 2021, it rose from 141.21 crores to 141.26 crores, an increase of just 4,80,000, according to the latest figures from China's National Statistics Office. The Shanghai Academy of Social Sciences estimates that their country's population will reach 144 crores by 2029 in 2019. After 2021, the population will decline by 1.1 percent. By 2100, it is expected to fall to an unprecedented 58.7 crore. At the same time, the Institute for Health Metrics and Evaluation (IHME) of the University of Washington in the United States predicts that India's population will also decline. It will be reduced from 138 crores to 109 crores now. However, it is said to be the number one population in the world. However, the United Nations figures f...

Circulation of further reduced Rs.2,000 currency notes

  Large note circulation in the economy has further declined. As of March this year, the number of Rs 2,000 notes in circulation had dropped to 214 crores. At that time, the share of 2,000 rupee of Indian currency in all denomination notes in the market had fallen to 1.6 percent. The following are some highlights of the RBI report on the circulation of the 2000 currency note: By March 2021, the total number of denomination notes in circulation in the system was 12,437 crore, up from 13,053 crores by March 2022. As of March 2020, 274 crore Rs 2,000 notes were in circulation. They accounted for 2.4 percent of all denomination notes in circulation at the time. As of March 2021, Rs 245 crore 2,000 notes were in circulation, accounting for 2 percent of the total currency. The share of Rs 2,000 notes in the total value of all denomination notes fell from 22.6 percent by March 2020 to 17.3 percent by March 2021 and 13.8 percent by March 2022. As of March last year, Rs 500 notes worth Rs 3...

Sri Lankan Government wants to print more currency!!

The economic crisis in the island nation Sri Lanka turns out to be the worst with each passing day. It will become an uphill task for newly appointed Prime Minister Ranil Wickremesinghe to handle the situation. The country is depending on bridge finance from World Financial Institutions for providing necessities to the people. It is shocking to hear the news that Sri Lankan government failed to conduct annual economic examinations due to a scarcity of paper. Adding to fuel to the fire, Sri Lanka has no Dollars to pay for Petrol shipments amid the ongoing economic crisis. Sri Lanka has no money to import goods. People are in queue for petrol from morning on every day. Sri Lanka's Power and Energy Minister appealed to people to stop queuing for the next two days, telling parliament that Sri Lanka currently has no dollars to pay for petrol shipments. Last month, World Bank offers a $160 million short-term loan to Sri Lanka with a condition of repayment within 30 days. Now, 30 days gra...

Green card within six months!!

It’s good news for Indians in the US. There is no need to wait years for a green card anymore. The process of issuing a green card required for permanent residence will soon be expedited. Policy changes will be made to ensure that the entire process is completed within six months from the date of application. This is good news for foreigners looking for permanent residence in America, especially expatriate Indians. The proposal was unanimously approved by the 25-member US Presidential Advisory Council. If President Joe Biden also approves the proposals, the green card issuance process will accelerate. It said that necessary steps should be taken to reduce delays in the examination, interview, and issuance of green card applications. The National Visa Center (NVC) has been instructed to expedite the interview process by increasing the number of staff as required by next August. It also proposes to complete the work on work permits, travel documents, and temporary status extensions/amend...

How is Elon’s new Twitter going to be?

Following the acquisition of microblogging company Twitter by global tycoon Elon Musk, radical changes are taking place in the app & web application. Twitter which was a ‘public’ company is being transformed into a private company. As the head of Tesla and SpaceX companies, Musk, the world's giant, has now added a new dimension to Twitter, with the potential to turn it into a brand image. Elon Musk has already announced on Twitter that he will fight for freedom of speech. Microbloggers' opinion was gathered on Twitter and put to a vote. The lion's share of netizens voted in favor of Musk's ambition. Freedom of speech on Twitter is information that will bring about huge changes in the way limited letters are used in each tweet. When the reign of Twitter began 16 years ago, only 71-100 characters were allowed in a single tweet. After that, it was increased to 208 characters. This year it has reached 280 characters. However, those who make big posts are doing two or th...

Twitter impact on Tesla

For a few days, Elon Musk and Twitter names echoed on social media. Finally, the board of Twitter has agreed to a $44bn (£34.5bn) takeover offer from the billionaire Elon Musk. Twitter Chief Executive Officer Parag Agrawal says that the process would take another 6 months to change the Twitter management. But buying Twitter showed a negative impact on Elon Musk’s Tesla share. The shares of Tesla plunged 12 percent on U.S. exchanges immediately after buying Twitter. Musk, who has been trying to buy Twitter for a long time, is believed to have plunged into Tesla's shares following the publicity surrounding the sale of his stake in Tesla to raise funds. In the wake of the Twitter purchase, shareholders sold their shares as a precautionary measure as the campaign to sell Tesla if necessary also intensified. Tesla has been in a bit of a predicament since Musk announced on Twitter that he had bought shares. Until then, the market value had plummeted to $ 275 billion. As Tesla's share...