Author: Mamta Roy

I love to discuss and give information about politics, current affairs, and the economy. I love both my passion and patriotism.

Plane crash in Madhya Pradesh’s Morena, Sukhoi-30 and Mirage 2000 were involved, both pilots safe

Plane Crash in Madhya Pradesh: Sukhoi-30 and Mirage 2000 planes from the Air Force have crashed in Madhya Pradesh‘s Morena area. Rescue efforts are ongoing.

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Both aircraft departed from Gwalior Air Base. There was an air force drill going on.

Army sources claim that a court of inquiry into the jet disaster has been mandated. The Air Force will look into the possibility of a collision between the two planes. Two pilots flew the Sukhoi, while one flew the Miraj. The pilot prevented the accident from happening in Kailaras and Pahargarh.

Both pilots safe

Two pilots are said to be entirely safe. The Air Force chopper will shortly reach the third pilot’s location. Before the plane crashed, the burning aircraft was visible from the ground.

New T+1 settlement rules apply for stock market investors, now it is possible to buy and sell shares within 24 hours

New T+1 Settlement Rules: For stock market investors, there is some extremely important news. You will find it simpler to transact business starting today.

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From January 27, 2023, the T+1 mechanism will be used for deal settlement in the Indian stock market. Currently, the country’s stock market uses the T+3 system, which lengthens the transaction procedure. By using this new procedure, the sale and purchase of shares will be finalized the day after the deal or within 24 hours.

What is the meaning of T+1?

Let me clarify that T here stands for trade day. Currently, the shares or money in an investor’s account take two days (known as T+2) after the transaction. This method enables a transaction to be completed in three days. By this T+1 settlement, the deal will be completed by the next business day.

Small investors will get the benefit

According to experts, T+1 will notably help small investors. The sum of shares will appear in their account the next day if the transaction is completed in a single day. With this, he will be able to acquire fresh shares or sell the ones he has already bought on that particular day.

Know how many days will be bank holidays in February, check here bank holiday list in February 2023

List of Holidays in February 2023: The month of January 2023 will end in about a week. Then February 2023 will start. It will be a 28-day month this time around, February. In this February month, there are several bank holidays, including Mahashivaratri, in addition to the Saturday and Sunday holidays.

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The Reserve Bank of India has made public its list of bank holidays for the month of February (RBI). Banks will be closed for 10 days in various states throughout the month of February, according to the official website of the RBI.

If you have any critical banking work that is stalled this month, get it done right now. Let’s take a look at the Bank Holidays in February 2023.

February 2023 Bank Holidays:

5 February 2023 – All banks will be closed on Sunday.

11 February 2023- All banks will remain closed on the second Saturday.

12 February 2023- Banks throughout the country will be closed on Sunday.

15 February 2023 – On the occasion of Lui Ngai Ni, banks in Hyderabad will remain closed

February 18, 2023 – On the occasion of Mahashivaratri, banks will be closed in Bengaluru, Hyderabad, Kanpur, Lucknow, Mumbai, Nagpur, Raipur, Ranchi, Shimla, Thiruvananthapuram, Ahmedabad, Belapur.

19 February 2023- Due to Sunday, all banks will be closed.

February 20, 2023 – On the occasion of State Day, banks in Aizawl would stay closed.

February 21, 2023- On Losar, banks in Gangtok will be closed.

February 25, 2023- The fourth Saturday of the month will be a bank holiday.

February 26, 2023- Due to Sunday, all banks in the country will be closed.

Wave of retrenchment continues, now Spotify and InMobi are also laying off employees

The wave of layoffs is currently underway in full force. And every day, some story about this makes headlines. And one such alarming report that huge firms have undertaken widespread layoffs came to light yesterday. Spotify and InMobi are their names.

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Spotify laid off 600 employees

Major Spotify Technology-related news has just been released. Global layoffs are planned by the Spotify Technology Company. In this, it is said that 6% of the workforce will be let go.

According to media sources, the Spotify corporation announced on Monday that it will be laying off 600 people, or 6% of its workforce worldwide. CEO of the Swedish firm Daniel Ek made this announcement.

InMobi lays off 50-70 employees

The first unicorn in India has announced the layoffs of thousands of workers. There have been between 50 and 70 layoffs at InMobi. This layoff has affected both InMobi and its other company, Glance. Till now this news has not been confirmed by the InMobi officials.

Amazon launches air freight service in India, says it will help speed up deliveries

Amazon has introduced its dedicated air freight service, Amazon Air, in India as the e-commerce giant expands its logistics network in the important international market.

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The company said its first air freight service in the nation, which would allow the company to accelerate its deliveries, was launched in partnership with Bengaluru-based cargo carrier Quikjet.

Deliveries to Delhi, Mumbai, Hyderabad, and Bengaluru will first be made by Amazon Air, which is employing Boeing 737-800s for the service.

In 2016, Amazon started Air in the US with more than 30 Boeing cargo aircraft. The technology was also initially tried in the UK. The third country where Amazon has introduced its delivery service in India.

The move was taken after Amazon in the nation late last year made its transportation and logistics network available to enterprises, organizations, and direct-to-consumer brands.

Today is the last date for registration for UGC NET December 2022, apply soon

UGC NET December 2022: Today, January 23, marks the final day of the extended registration period for the UGC NET December 2022 exam. the registration deadline is today.

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In this case, applicants for the UGC NET December test may do so by going to the official website, ugcnet.nta.nic.in, if they haven’t yet been able to complete the application.

The updated timetable specifies January 23, 2023, as the deadline for application fee submission. The NTA has urged the applicants to make sure that all the information they have supplied is accurate because there won’t be any more opportunities for corrections.

Please inform students that the UGC NET test for December 2022 will be held from February 21 to March 10, 2023. In the first week of February, NTA will announce the list of exam cities for the UGC NET December exam. The admission cards, however, will be distributed in the second week of February.

How to apply UGC NET December 2022

1) First, go to the UGC NET’s official website at ugcnet.nta.nic.in.

2) Then, on the homepage, click the UGC NET December 2022 registration option.

3) Now type in your login information and press “Submit.”

4) The application form must then be completed and payment made.

5) Once finished, press “Submit.”

6) Now save the page to your computer and store a physical copy for further use.

INS Vagir joins Indian Navy, this submarine will challenge China in Indian Ocean

The INS Vagir has joined the Indian Navy. This is the sixth Kalvari class submarine to be incorporated into the Indian Navy as part of Project 75.

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At the Naval Dockyard in Mumbai, INS Vagir was commissioned into the Navy in the presence of Admiral R. Hari Kumar, Chief of the Naval Staff. According to the Navy, INS Vagir is outfitted with the greatest sensors, torpedoes, and surface-to-surface missiles in the world. The submarine may also send out Marine Commandos for specialized missions.

INS Vagir has been trialed

The whole INS Vagir was constructed in India. In association with the French business Naval Group, Mazagon Dock Shipbuilders Limited of Mumbai constructed it. This submarine is capable of being deployed both near the shore and out at sea. This submarine has undergone testing.

INS Vagir is called the silent killer

Because of how quietly it completes its tasks, the INS Vagir is unique and is known as the silent killer. It has underwater stealth technology, making it difficult for radars to quickly detect it. This submarine has 8 533 mm torpedo tubes that may be loaded with missiles. This submarine may be crucial in addressing China‘s expanding threat in the Indian Ocean.

Good news amid wave of layoffs! Hiring is expected to increase by 40-45% in these sectors

News of layoffs is currently spreading from all directions. India is one of several countries where IT startups and enterprises have lately let go of thousands of people. Google’s parent company Alphabet Inc. is also experiencing the wind of retrenchment and is about to lay off 12,000 employees.

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However, there appears to be some alleviation in the country’s telecoms and related industries for the time being. A survey claims that employment in the telecommunications industry and allied industries has increased by 30–36% during the past three to six months. At the same time, recruiting in these industries is anticipated to rise by 40–45% during the next two years.

He stated that by the end of FY 2022, there were around 40 lakh people working in telecommunications and related industries. By the end of FY 2026, this number is expected to rise to 60 lakh.

24,151 employees were laid off this year

According to Layoff Tracker, a website that analyses layoffs, as of January 15 this year, 24,151 people had been let go by organizations including Amazon, Coinbase, and Salesforce. Companies including Meta, Twitter, Oracle, Snapchat, Uber, and Intel also let go of roughly 1,53,110 workers last year, or in 2022.

Kuntal Ghosh, TMC member arrested in teacher recruitment scam

West Bengal Teacher Recruitment Scam: Kuntal Ghosh, a member of the Trinamool Congress youth wing, was arrested by the Enforcement Directorate (ED) in connection with the West Bengal teacher recruitment scam after being questioned for two days straight. Kuntal, a Hooghly resident and member of the TMC youth wing, had his apartment searched by ED agents on Friday in relation to the case.

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According to sources, Kuntal Ghosh was detained as a result of the available information. According to a top Enforcement Directorate (ED) officer, Ghosh was first questioned by ED agents in Kolkata on Saturday morning and then arrested during an overnight search of his Chinar Park flat.

The CBI claims that between 2014 and 2021, TMC officials raised more than Rs 100 crore to hire staff members and teachers in West Bengal’s public schools.

A bribe allegedly worth between Rs 5 lakh and Rs 15 lakh was paid to obtain employment after failing the screening process. When Partha Chatterjee, a former state education minister, was detained last year in connection with the School Service Commission’s recruitment of students in grades 9 through 12, the Mamata Banerjee administration came under assault from the opposition.

Netflix co-founder Reed Hastings resigned as CEO on Thursday, both of them got the responsibility of CEO

Co-founder of Netflix Inc.’s OTT service Reed Hastings announced his resignation as CEO on Thursday.

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He stated that it was the appropriate moment to make a decision when quitting. Taking over as the company’s co-CEO and CFO are Ted Sarandos and Greg Peters.

Grace Peters and Ted Sarandos will take over as CEOs of Netflix

As of right now, Reed Hastings will be the executive chairman. Grace Peters and Ted Sarandos are the new CEOs. These Netflix updates will take effect right away.

Netflix to lose subscribers in 2022

In the first half of 2022, Netflix saw a decline in subscribers. The pace remained sluggish despite improvements in the second half. Following this, Netflix modified its policies in order to help the business.

Netflix broke all records last Thursday

Meanwhile, Netflix surpassed 23 crore members on Thursday (January 19), shattering all previous records. On the other side, Netflix stock saw a roughly 38% decline in value last year. The company’s trade, however, later rose by 6.1 percent to $335.05.

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