“Disguising as an Islamic preacher, he lived in Erattupetta for nearly eight years before being captured by the British police . During his stay here, he married Ummuhani Umma from the Muttathuparambil Mather family here and the couple had a son named Muhiyuddinkutty Haji,” Mr. Jaffar explained. … [Read more...] about Malabar rebellion | Mission to set the record straight
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The Indian government on Monday banned 59 apps with China links including TikTok, SHAREit, UC Browser, Baidu map, Helo, Mi Community, Club Factory, WeChat and UC News in view of the information available that they were engaged in activity "which is prejudicial to sovereignty and integrity of India, defence of India, the security of the state and public order". … [Read more...] about Chinese company ByteDance set to suffer Rs 45000 crore loss due to ban on TikTok
When one analyses the terrain on both the sides of the India-China divide, it is clear that if one pops up beyond the highest feature from the Indian side, one will be able to see for miles into Tibet, both visually as well as electronically. … [Read more...] about Chinese Helicopter Drone: Much ado about nothing!
New Delhi: Bharat Bond Exchange Traded Fund (ETF), India’s first bond exchange-traded fund, will launch a new fund offer (NFO) in July to raise Rs 14,000 crore in two new series. The proceeds will be used as additional funding for central public sector undertakings and other government organisations to meet borrowing requirements. The proposed plan is to raise an initial amount of Rs 3,000 crore with a green shoe option of Rs 11,000 crore based on market demand. The first launch of Bharat Bond ETF successfully raised over Rs 12,400 crore. The second set, however, comes at a time when the Covid-19 pandemic is spreading, even as markets have rebounded to levels seen in March, of 34,000 points. “The competent authority has approved launch of further NFOs in July,” the Department of Investment and Public Asset Management (DIPAM) said in a white paper on Monday. … [Read more...] about Bharat Bond ETF to launch NFO to raise Rs 14,000 crore
Statistics Canada or StatCan stated that real GDP dropped 11.6 per cent in April after a decline of 7.5 per cent in March. April was the first full month during which restrictive measures were in place and the data reflects its impact on the economy. As StatCan noted, “All 20 industrial sectors of the Canadian economy were down, producing the largest monthly decline since the series started in 1961.” … [Read more...] about Canada’s GDP fell by nearly 12% in April due to Covid-19 lockdown