Connect with us

News

India- Pakistan: The Fifth War and China’s Influence

Published

on

India- Pakistan: The Fifth War and China’s Influence

India and Pakistan, the name together remind us of nothing but the partition days, the issue of Kashmir and the tension of war that prevails between the two countries now and then. However, is the issue of Kashmir, restricted to only two countries? What makes the Kashmir issue so widely discussed at the international platform? What makes the interference of other countries so relevant? Why are other countries asking India and Pakistan to take immediate steps to de-escalate the current situation? We have answers to all these curious questions here.

The tensions between the two countries taking the shape of war is not new to the world. They have gone for the war four times since independence. The present tension can also be converted into war shortly. As the fights are not new, it is the element of the battle that changes each time and makes these countries possessive each time for their area under their control. This time it’s Article 370 which gives autonomy to Kashmir, turned out to be the significant element.

What will be the impact on the world if war takes place?

India and Pakistan, both the countries have nuclear capabilities, and any escalation can put a significant impact on other countries too. China is playing a more prominent role. It has played a constructive role in reducing Indo-Park tension, as mentioned by the Chinese foreign ministry. However, in reality, it’s trying to be escapist due to its geopolitical position and its trade with India and Pakistan. It has an influential foothold in Jammu and Kashmir. Aksai Chin, which roughly forms 20% of Jammu and Kashmir, is the land claimed by India but controlled by China. China occupied Aksai Chin in 1962 war and has retained control over the region.

As a friendly neighbour, it has promoted peace talks between the two countries as China knows it cannot go far in supporting one nation. It has diplomatically put the onus on both New Delhi and Islamabad.

The extent of China’s Influence:

It has been observed that China currently is investing $60 billion in Pakistani infrastructure and energy projects, which is more than any other South Asian country. The initial investment plan was $46 billion back in 2015. China Pakistan Economic Corridor (CPEC) project also throws light on their trade relations. Hence, their ties cannot be derailed.

Nevertheless, the main aim of China to pumped huge investment into Pakistan is to have an opening in the Indian Ocean through the Gwadar port of Pakistan. China had exhibited repeated interest in Gwadar port in the late 1990s and started its reconstruction in 2002. For China to reach Gwadar, in the restive Pakistani province of Balochistan, it had to establish a passage through Pakistan-occupied Kashmir.

Similarly, it is difficult to say that the Kashmir issue will affect India-China relations, as some analysts observed the maturity between their leaders in the realm of cooperation.

After all, India is the primary importer of Chinese goods. India-China economic relation grew in the 1990s and 2000s. Currently, the bilateral trade size between China and India is expected to cross $100 billion in 2019 with India recording a deficit of $53 billion for 2018.

In contrast, the volume of annual China-Pakistan trade is around $15 billion. China requires India more for economic well-being and Pakistan to hold a strategic advantage. This explained why China changed its stand on Kashmir from aggressively pro-Pakistan to “neutral”.

Now reports state that with the construction of CPEC has made China, a huge stakeholder in Kashmir. India has maintained that entire Jammu and Kashmir as its constituent part. The merger of Jammu and Kashmir with India was legally upheld in the UN, as stated in the first resolution on the issue. However, now, China is also deeply entrenched in Kashmir. Moreover, this is not limited to the cold desert of Aksai Chin, having a population of fewer than 10,000 people.

The Unanswered Questions

There are some unanswered questions which can only be given a thought. Will India and Pakistan go for the war, or they will end up cooperating? Will China be able to back any one country? Is India under threat from China as well? Think about it.

India

Ram Mandir Opening For “Darshan” In 2023

Published

on

Ram Mandir Opening 2023 | News Aur Chai

The Ram Mandir in Ayodhya is expected to allow visitors by December 2023, with the completion of construction only in 2025.

Sources in the Shri Ram Janmabhoomi Teerth Kshetra have revealed that the colossal project of building the Ram Mandir in Ayodhya, Uttar Pradesh, will be opening for devotees towards the end of 2023. In contrast, the project’s entire construction completion is expected towards the end of 2025. The sanctum sanctorum (Garbha Griha), along with the mandir’s first floor, will be ready by December 2023. Devotees will be allowed to visit the long-awaited mandir soon after the construction is completed.

An ANI report said, “The grand Ram Mandir being constructed in Ayodhya will be opened for devotees from December 2023. Sources told ANI that Garbhagriha, all five mandaps and the first floor will be ready by December 2023 and the mandir will be opened for devotees”.

The sanctum sanctorum will be as high as 161 feet and built using Rajasthani marble and stones. Engineers and architects are taking all measures to ensure the longevity of this enormous project. The second stage of construction is expected to begin in December this year. Currently, the structure is at a standstill as a result of monsoons. Another reason for the delay is the coronavirus pandemic that depleted the force with which the mandir’s construction was expected to go on.

The announcement of the mandir being opened to visitors in 2023 has brought up questions about the political agenda. It is believed that the Bharatiya Janata Party (BJP) aims to use the mandir to catapult themselves into a position of advantage during the 2024 Lok Sabha elections. Opening the mandir to devotees in December 2023 will give the BJP an easy 6-month gap to the general elections in 2024.

The opening of the long-awaited Ram Mandir in Ayodhya could be the factor that diverts the public, at least the Hindu’s in favour of BJP. Thus, securing them a vote bank based on religious sentiments upheld by the party in their previous tenure as the ruling party.

The Ram Janmabhoomi Mandir will be 360 feet long, 235 feet wide, and 20 feet high mandir will be completely ready by the end of 2025. The project will include amenities and structures like museums, archives, research centre, Sant Niwas, gau and Yagya shala, Etc. The main attraction is the Ram Mandir.

Continue Reading

Business

How SEBI’s New Margin Rule Is Affecting Retail Traders?

Published

on

SEBI Margin Rule | News Aur Chai

Securities and Exchange Board of India has introduced new margin rules for traders. Traders and Brokers are not happy with the new regulations because they will have to invest a large amount of cash in fulfilling margin requirements for trade.

SEBI had introduced the new margin rule in the year 2020 for intraday traders. It is being implemented in a phased manner. Traders were supposed to maintain 25 per cent of the peak margin in the first phase; the margin was raised by 50 per cent in the second phase. In the third phase, as per the new margin rule, intraday traders will have to pay a 100 per cent upfront margin. According to new norms, the margin requirements will be calculated four times during every trading session because the money margin must be greater than the need.

As per the new rule, brokers must collect margin from investors for any purchase or sale, and if they fail to do so, they will have to pay the penalty. Thus, brokers will not receive power of attorney. Brokers cannot use power of attorney for pledging anymore.

Those investors who want to make use of margin will have to create margin pledges separately. As per the new rule, investors will have to pay at least a 30 per cent margin upfront to avail a margin loan. Shares brought today cannot be sold tomorrow. Funds from shares sold today cannot be used for new trades on the same day.

The market experts said that there must be proper adjustments for implementing new rules, or it may create chaos, trouble and disturbance to the market participants. The CEO and founder of Zerodha broking firm, Nithin Kamath tweeted that, “the day when the new rules came into effect was the dreaded day for brokers, exchanges, intraday traders”.

Traders Are Not Happy:

Changes in rules have evoked strong reactions from traders because they will have to invest a large amount of cash in fulfilling margin requirements for trades as per new margin rules. Even the trading in futures and options will become more expensive. Traders are disappointed because they will have to pay up more money to bet in stock markets. As per new margin rules, Traders are also liable for the penalty if the rules are not followed during the trading session. If a trader wants to buy Nifty worth Rs 10 lakh, he will have to pay a 20 per cent margin of around 2 lakh. If the margin of the trader does not meet the need, he will be penalized. Traders will have to pay the minimum amount for opening the Multilateral Trading facility account, and they have to maintain a minor balance at all times.

Why Gas SEBI Introduced A New Margin Rule?

SEBI has introduced new rules to protect retail investors from purchasing difficulty. The intended goal of SEBI behind new margin rules is to bring down the difficult market situation and avoid huge fluctuation in stock markets during extreme stress. The new margin rules are likely to bring transparency to the market; it is expected to strengthen the market’s safety.

Continue Reading

World

Escalation Of COVID-19 Cases Across The Globe

Published

on

COVID Case Spike 2021 | News Aur Chai

The United States, India, and Brazil have the most confirmed cases, followed by France, Russia, the United Kingdom, and Turkey. There are very few locations that have remained undisturbed.

Since the middle of last year, confirmed cases have been increasing. Although the actual scope of the first outbreaks in 2020 is unknown because testing was not generally available at the time. The 100 million COVID-19 cases were discovered at the end of January, over a year after it was first diagnosed. As of 6:30 p.m. CEST on July 30, 2021, WHO has received reports of 196,553,009 confirmed cases of COVID-19, with 4,200,412 fatalities. A total of 3,839,816,037 vaccination doses has been delivered as of July 28, 2021.

After reaching a record high of over 0.9 million cases on April 28, 2021, new daily instances of the coronavirus continued to decline, reaching a low point on June 21, when over 0.3 million cases were reported. Since then yet, there has been a global increase in cases. On July 15, 0.53 million daily cases were reported, and over three million new cases were reported in the second week of the month. As of July 15, 188.9 million patients have been recorded worldwide. The transmissive Delta form accounting for most infections in 111 countries. Most instances were recorded in Brazil, India, Indonesia, the United Kingdom, and Colombia in the last week. With the steepest increases in Zimbabwe (72%), Indonesia (44%), the United States (38%), Bangladesh (35%), and the United Kingdom (30%). Many Asian nations, including Vietnam, Malaysia, South Korea, and Japan, have reported many daily cases. However, the spread was under control.

The number of new cases in Indonesia has been on the rise, with each day seeing a significant increase over the previous day. Indonesia is now the new Asian epicentre, with 56,757 cases recorded on July 15; India reported 39,000 patients on the same day. COVID-19 fatalities are high, according to WHO. After decreasing for nine weeks, with the highest increases in Africa and Southeast Asia. COVID-19 fatalities worldwide surpassed four million on July 7. The last million deaths occurred in under 90 days, the lowest time interval for every one million deaths ever recorded.

High vaccination coverage has been shown in the United States and much of Europe to lower fatalities and even hospitalizations. For example, United Kingdom rises in incidence. There has been fewer hospitalizations and deaths over 87% of the adult population, as they are vaccinated with one dose and over 67% with two doses. In the United States, the increase in cases is concentrated in states with low vaccination coverage, with unvaccinated people accounting for most deaths. Over 55% of Americans have received one dosage, and 48% are completely immunized. It shifts the focus back to improving vaccination coverage and achieving global vaccine equality to avoid fatalities and the spread of dangerous strains. Some nations debate a booster dosage. Even though many African countries’ healthcare professionals have not been completely vaccinated, booster injections have begun to be given to patients with weakened immune systems in Israel.

In comparison, booster shots have been ruled out in the United States for the time being. With vaccine shortages reported in many Indian states. Even among the vaccinated, rigorous adherence to COVID-appropriate behaviour is the only option to postpone and mitigate the consequences of a third wave.

This spring, India and Latin America have seen a significant drop in new cases in the hardest-hit areas of the world. But the global numbers continue to grow. The Delta variety leads them to well-vaccinated regions such as Western Europe and the United States, low but rising infections. This spring, India and Latin America have seen a significant drop in new cases in the hardest-hit areas of the world. Vaccine doses have been given to over 4 billion individuals globally (52 for every 100 people), yet the discrepancy is striking. More than 80% of the population had at least one shot in some wealthy nations. In contrast, the proportion is as low as 1% in many of the poorest.

Continue Reading

Most Popular