Tuesday 7 April 2020

US President Donald Trump notifies India

April 7th: US President Donald Trump on Monday notified India of retaliation if hydroxychloroquine, the anti-malaria drug is not supplied to the US. The Centre has said that India will be supplying essential drugs to other countries that are badly affected by COVID-19.
Earlier, US President Donald Trump notified India that the US may retaliate if India did not export hydroxychloroquine despite his personal request to Modi over a phone call. 
Hours after India banned the export of the anti-malarial drug, Trump requested help from PM Modi to allow the sale of hydroxychloroquine tablets in order to treat the increasing number of coronavirus patients in the US, 
US has the highest number of positive cases of about 3.6 lakh. Over 10,000+ people have already died, which pushes it to become the worst-affected nation after Italy and Spain.

Market: India's richest man net worth drops 28 percent


April 7th: The net worth of India's richest man Mukesh Ambani dropped 28 per cent a day for two months to $48 billion as on March 31 due to the huge fall in stock markets, a report said on Monday. 
The chairman and managing director of Reliance Industries saw his wealth decline to $19 billion, taking his global ranking down from 8th places to 17th, Hurun Global Rich List said. 
According to Hurun Report India, “India's top entrepreneurs have been hit by a 26 per cent drop in the stock markets and a 5.2 per cent drop in the value of the rupee compared with the US Dollar. For Mukesh Ambani, it has been a perfect storm, with his wealth down 28 per cent,” 

Other Indian businessmen who have seen a major drop in wealth includes Gautam Adani (Adani Group), Shiv Nadar (HCL Technologies), and banker Uday Kotak (Kotak Mahindra Bank).

With hospitality coming under intense pressure due to the pandemic, shared economy platform Oyo Rooms' Ritesh Agarwal is “no more a billionaire”, the rich list said. 




Sports: Former India cricketer Sunil Gavaskar has criticized ICA




April 7th: Former India cricketer Sunil Gavaskar has criticized India Cricketers' Association (ICA) President Ashok Malhotra for saying that Indian cricketers will have to take pay cuts due to sporting events being suspended across the globe amid the coronavirus outbreak. In a column for Mid-Day, Gavaskar wrote: 


"Like with any sport, if you don't play, you don't get paid and that's what will happen. What was amusing though was to read that the president of the Indian Cricketers' Association has said there should be pay cuts for the India internationals and the first-class players too. 


"One can understand him trying to apple-polish with the BCCI but with whose authority is he talking about the cuts is the question. The current India internationals and the first-class players are not members of the players' body so he can't be speaking on their behalf. It's easy to talk about pay cuts if it doesn't hurt your own pocket."



Monday 6 April 2020

MPLAD Fund: Cabinet Decided To Suspended Funds and 30 percent Paycut

The Union Cabinet approved the ordinance change the salary, allowances and pension of Members of Parliament Act of 1954. This would reduce the allowances and pension for the Members from April 1st 2020 to April 1st 2021 (for one year).

Prime Minister, President, Vice President And State Governors have decided to voluntarily take a 30 per cent pay cut for one year.

The Cabinet also decided to temporarily suspend MPLAD fund for two years (2020-21 and 2021-22) in order manage the impact of coronavirus outbreak in the country.

COVID-19: List Of countries that did not register a single COVID-19 cases

The ongoing coronavirus breakout being in China's Wuhan city the deadly virus has traveled across main countries, infecting more than a million people. Here are the list of countries that did not reported a single COVID-19 Cases.

1. Samoa, 2. Solomon Islands, 3. Kiribathi, 4. Vanuatu, 5. Micronesia, 6. Tonga, 7. Nauru, 8. Yemen,  9. Turkmenistan, 10. Tajikistan

Vijay Sets the Stage On Fire with his 'Vera Level' Performance During 'Master' Audio Launch


Tamil actor Thalapathy Vijay is loved by his fans for his simplicity, charm and style. During his latest movie 'Master' audio launch, the actor owned the stage with his dance moves by giving a sneak peek of some of the dance steps from the film. The actor not only impressed the audience with his dance moves, but also gave his constant thoughful speech (Kutty Story). Watch the full video here 

Coronavirus: 505 Cases In Last 24 Hrs Taking India's Count To 3,500


New Delhi: As many as 505 new COVID-19 cases in past 24hrs taking India's count to 3,500 and the death toll to 83, the health ministry said on sunday. There has been a delay in the Union Health Ministry statistic, compared to the numbers announced by states, which officials ascribe to action delays in assigning the cases to individual states.