Author: ranjana
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UK To Launch A Central Bank Digital Currency (CBDC), Britcoin Next In Line, After 11 Countries Already Own Digital Currency,Will People Of UK Trust it?
The Bank of England & digital Pound Britain is insistent with work on a possible digital pound which in the second half of the decade could be in use, which in turn can help to prevent the decentralization of an electronic cash system, that is dominated- by banking and tech giants, said officials on Monday. The finance…
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17 Year Old Arrested For Drug Smuggling, In Amritsar, Punjab. 15-Kilo Heroin, 8.4 Lakh Cash Seized Accomplice Runs Away.
Drugs and Punjab A juvenile with 15 packets of heroin, has been arrested. The heroin weighed one kg each, taking it to 15-kilo heroin, and an amount of Rs 8.4, lakh in cash was retrieved in Amritsar by Punjab Police. The initial investigation showcased that the drugs consignment, which directs an international worth of an…
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$225 Million Raised By Bed Bath And Beyond From Stock Sale, Downfall or Bankruptcy?
Bed Bath and Beyond raises $225 million On Tuesday, Bed Bath and Beyond Inc said about $225 million was raised in an equity offering and are bound to get another $800 million in top coming next months, as the scuffling retailer is trying to keep away from bankruptcy. The lead investor, Hudson Bay Capital…
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Ukraine Declares; 800 Russian Soldiers Killed in The Present-Day Strike
Russian leader Vladimir Putin on February 24th, 2022, launched what Ukrainian officials demarcated as an all-out invasion of the country. Russia spent weeks building up a huge military force along the Ukrainian border and in neighbouring Belarus. A new chapter was started in a war that had been going on for eight years in the…
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Nirav Modi’s Firms Money Can’t Be Released; Court Told By Firms. More Scams Coming PNB’s Way? 39 Properties Attached By Bank!
Nirav Modi troubling India after fleeing India A court (PMLA); was allegedly informed by two banks that they are incapable of letting out the money, which is present in the accounts of diamond trader and runaway Nirav Modi account of the firm he owns. Nirav Modi’s Firestar International Limited account has the money, said the…
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Layoff Pandemic? JP Morgan Lays off Mortgage Employees, 500 To Be Employed Till 2024, Others Hit Dead-End Till Then.
JP Morgan Follows Suit Amid the Global Layoffs by different establishments JP Morgan Chase & Co has allegedly laid off hundreds of employees within less than a few hours of the announcement, about their plans to sign on some bankers. As per a news report by Reuters quoting sources from the company JP Morgan Chase & Co, the company…
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US & China, Tech War Among 2 Superpowers, Who Will Win & Who Will Lose?
The United Sates of America has declared a war on China. Joe Biden in August signed an act- chips and science act which includes incentives of $52 billion and subsidies to build up semiconductor manufacturing in the U.S. In the same month the president’s landmark inflation production act was passed, with subsidies for electric vehicles…
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Google Play Store Bans 600 Apps, After RBI Released List Of Unauthorized Loan Apps- Will Digital Lending Malpractices Stop?
The Reserve Bank of India (RBI) circulated a list of apps used by its regulated entities, with the Ministry of Electronics and Information Technology (MeitY). Apple App Store and Google Play were given a list of lending applications that are permitted to remain on their platforms. The Reserve Bank of India, majorly known as RBI, is central bank…
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Pakistan Pledges ‘Extremely Tough’ Measures To Fix Crumbling Economy, Pleads U.S. To Help Facilitate IMF Loan, Needs $10 Billion In The Next 6 Months- Can Pakistan Save Itself Amid Its Economic Crisis?
PAK ECONOMIC CRISIS When Pakistan found itself in chaos, amid a major economic crisis, it decided to seek help from the United States, and has pledged some “extremely tough” measures. The cash strapped country has held back in terms of finalizing a deal with International Monetary Fund. This comes before the elections and the country…
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21 Foreign Trips By PM Modi Since 2019 Costed More Than 22 Crore, Concerns Raised- Compared To Dr Manmohan Singh, In An Effort To Save Face?
NARENDRA MODI On May 30th 2019, Narendra Modi marked the start of his second term in the post, and became The Prime Minister. He is the first ever Prime Minister who was born after the independence, he had performed his duties from 2014-2019 of the Prime Minister of India. MODI’S EXPENDITURE SINCE 2014 Since June…