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News that shaped 2018

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2018 in nutshell, all about 2018

2018 has been an astonishing year for some, maybe for some a learning experience, but altogether we are standing on the brink of it, being pleased and excited for the new year. Being in each year feels like a new rollercoaster ride, altogether a new learning experience for each one of us, and at last, waiting for the new year and hoping it brings all good things to us.

Being in 2018 was a fun ride full of anguishes and excitement

So let’s have a look at major events of 2018:-

January 2018

Starting with January:- Bitcoin (and other cryptocurrencies) underwent a fall from balance as the cryptocurrency enterprise knocked a peak in January 2018, has following lost more than $670 billion in the capital.

NewsAurChai Bitcoin

Source: Coin Center

The enterprise has been on a constant decline throughout 2018, Bloomberg recently proclaimed Bitcoin’s worth is dropping below $5,000. But Experts associate some of the drops is due to Bitcoin having more sellers than buyers, though it could be the result of an abundance of reasons.

February 2018

February 24 – The death of legendary actress Sridevi Bollywood’s leading female superstar and Padma Shri awardee Sridevi, in Dubai at the age of 54 has moved the nation stumbling in shock and incredulity as the star breathed her last in the bathroom of her hotel room in Dubai, with the autopsy report citing ‘accidental drowning’ as the cause of death.

Sridevi

Source: News Aur Chai Media

And as a tribute and sympathies were poured by fans, film stars, public celebrities and PM Modi.

March 2018

Karnataka became 2nd state in the country to expose its own flag as the Karnataka government uncovered the State flag known as nada dhwaja of yellow-white-red and the State design at the centre. for the state and if supported by the Centre, Karnataka will be the second State to have a flag after Jammu and Kashmir. The proposal will be now sent to the Union Home Ministry for its endorsement since a State has no powers to announce its own flag.

NewsAurChai Karnataka Flag

Source: ANI

Also, An Indian origin engineer Vikas Sathaye, a Pune-born engineer, won an Oscars as he was a part of the team that won an Oscar for Science and Technology.

NewsAurChai Vikas Sathaye

Source: News Australia

Sathaye and his team’s discovery — the Shotover K1 — has been acknowledged as an influential breakthrough in recording mid-air sequences and was applied in movies such as Dunkirk and Guardians of the Galaxy amongst others.

April 2018

April 10-11: Facebook founder testifies in Cambridge Analytica scandal as earlier in the year, whistle-blowers unveiled the private information of over 85 million Facebook users was sold to now-defunct political consulting and data analysis firm called Cambridge Analytica.

NewsAurChai Cambridge Analytica

Source: NAC Media

May 2018

May 8: Donald Trump backs out of the Iran nuclear deal. The U.S. president proclaimed the withdrawal of his country from the Iran nuclear deal, which is also called the Joint Comprehensive Plan of Action. The move was reprimanded by politicians and experts alike, including his predecessor, Barack Obama, who called it a “serious mistake.”

NewsAurChai Trump

Source: CNN

May 10- American retail giant Walmart enclosed up to the acquisition of Flipkart in the world’s largest ever e-commerce deal so far. As Walmart paid $16 billion for around 77% stake in Bengaluru-based Flipkart. The deal is broadly supposed to shake up one of the most flourishing and exciting e-commerce markets the world over.

NewsAurChai Flipkart Walmart

Source: The Hindu

May 19: Prince Harry marries Meghan Markle an American actress at St. George’s Chapel in Windsor, England. The ceremony was accompanied by members of the royal family and dignitaries like former soccer champion David Beckham and his fashion designer wife Victoria Beckham, also saw the newly-wed couple bestowed with the title – Duke and Duchess of Sussex.

NewsAurChai Prince Harry And Meghan Markle

Source: BBC

June 2018

July 12: The first-ever meeting between leaders of the United States and North Korea took place in the month of June 2018. The US president Donald J. Trump met with Kim Jong Un in Singapore. In the same meeting, Kim Jong Un agreed on denuclearisation of the Korean peninsula.

NewsAurChai Trump Kim 2018

Source: BBC

July 2018

July 25: Water was discovered on Mars as the researchers authenticated the possibility of a body of liquid water on the planet. The discovery was made by Marcus, a radar instrument on the European Space (ESA) Mars Express orbiter.

NewsAurChai MARS Water 2018

Source: NASA

August 2018

August 8: Floods kill over 480, Heavy rains prompted extreme flooding in the South Indian state of Kerala, leaving over 480 people dead. This is acknowledged as the state’s worst such disaster in over a century.

NewsAurChai Kerala Flood

Source: The Indian Express

September 2018

September 6: India decriminalizes homosexuality as subsequent over two decades of invading by activists and organizations, the Supreme Court of India decriminalized homosexual sex, which was earlier banned by a 160-year-old law that claimed the act was “against the order of nature.”

NewsAurChai LGBT

Source: NDTV

October 2018

While the #MeToo movement began in 2017 but overlooked news stories well into 2018. MeeToo began expanding renown in India with the increasing prevalence of the international movement and later inferred as a sharp momentum in October 2018 in the entertainment industry of Bollywood as when actress Tanushree Dutta accused Nana Patekar of sexual harassment to which following confessions started by various actress/ known figures.

NewsAurChai #MeToo

Source: NAC Media

Also, on Oct. 2 the murder of journalist Jamaal Khashoggi took place as in Washington Post columnist Jamal Khashoggi inside the Saudi Consulate in Istanbul which came to spotlight after weeks of rejections by Saudi authorities. Khashoggi, a resident of Saudi Arabia, was significant to the country’s royal regime and the Saudi role in the Yemen War and the murder has had influential repercussions, particularly against the country’s powerful crown prince, Mohammed bin Salman, who the CIA believed was involved in its planning. The U.S. Senate relinquished a measure blaming the crown prince for the death, a move questioned by President Trump as he tries to maintain close U.S.-Saudi ties.

NewsAurChai Jamaal Khashoggi

Source: Sayruuq News

October 19: The tragic Amritsar Train Accident which killed 59 and injured at least 100 more during Dussehra celebrations as the crowd had gathered to watch celebrations for the Hindu festival of Dussehra and were standing on the tracks. To which Punjab Chief Minister Amarinder Singh announced compensation of ₹5 lakh for the family of each of those killed and free treatment for the injured. The central government also announced a compensation of ₹2 lakh for the family of each of the dead and ₹50,000 for the injured. The state declared a day of mourning in honour of the victims.

NewsAurChai Amritsar Accident 2018

Source: Evening Standard

October 19: Thalapathy Vijay’s Sarkar teaser broke the record held by the Avengers for the fastest time in reaching 1 million likes in less than 5 hours.

NewsAurChai Thalapathy Vijay’s Sarkar

Source: YouTube

October 24: Virat Kohli completed the fastest 10,000 ODI runs in cricket.

NewsAurChai Virat Kohli 10,000

Source: India Today

Also, There were numerous high profile weddings such as Priyanka/NIck and Deepika/Ranveer.

NewsAurChai Nick Priyanka Ranveer Deepika

Source: NAC Media

November 2018

12 November BJP leader, Union Minister Ananth Kumar passed away at the age of 59 at a Bengaluru hospital as he was suffering from cancer, despite being treated in New York, and having returned to India only last month. He was among the few leaders to serve under Vajpayee’s government as well, being the “youngest” minister in the cabinet. PM Narendra Modi has extended sympathies to his family by acknowledging Ananth Kumara as the “Great asset to BJP” and the state of Karnataka has announced three-day mourning, showing respect.

NewsAurChai Anant Kumar 2018

Source: The Hindu

December 2018

Rs. 100 coin with Atal Bihari Vajpayee’s portrait to be launched soon and the coin will weigh 35 grams. One side of the coin will have a portrait of Atal Bihari Vajpayee with his name engraved in the Devanagari and in English as well. Also his birth and death year, 1924 and 2018, will be impressed at the bottom of his picture.

NewsAurChai Atal Coin 100 RS

Source: PIB India

So here we are at the end sitting with our families/friends having a great time and waiting for the new year a fresh start. Hope this year brings us everything we want to have, great lessons and all the happiness one deserves.

Team NewsAurChai Wishes all of you a very Happy New Year.

A teenager travelling her desires. Also looking forward to enhancing my writing skills to confidently improve myself for aspiring my dreams. Further looking ahead of becoming a known figure of content writing. Positively believes in two things, One is ME and second is a byline *YOUR WORDS WILL TAKE YOU PLACES*

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India

Ram Mandir Opening For “Darshan” In 2023

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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.

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Business

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

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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.

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World

Escalation Of COVID-19 Cases Across The Globe

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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.

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