Tag: major

New rules applicable: Big news! These 5 major changes are

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Rules Changes From March 2023: The month of February is about to end. The month of March is about to start soon and many new rules will become effective from 1st March and some rules may affect your spending plan.
On March 1, social media, bank loans, LPG cylinders and others can be big. At the same time, the schedule of Indian Railways has also been changed. Let us know which new rules will be applicable in March and how they can affect your monthly expenses.
Bank loan can be expensive
The Reserve Bank of India has recently increased the repo rate. After which many banks have increased their MCLR rates. This will directly affect the loan and EMI. The burden of EMI and rising loan interest rates can trouble the common man.
LPG and CNG prices hiked
Gas prices for LPG, CNG and PNG are fixed at the beginning of every month. Although the price of LPG cylinder was not increased last time, but this time it is being speculated that there may be an increase in the prices due to the festival.
change in train schedule
Indian Railways can make some changes in the schedule of trains as soon as summer approaches. The list can be made public in March. According to media sources, from March 1, the schedule of 5,000 goods trains and thousands of passenger trains can be changed.

Bank holiday
Banks will remain closed for 12 days including Holi and Navratri in March. This also includes weekly bank holidays.
Changes to the Social Media Terms and Conditions
The Government of India has recently amended the IT rules. Now, social media sites like Twitter, Facebook, YouTube and Instagram will have to comply with the new Indian rules. The new policy will be effective for posts that incite religious sentiments. The new rule may come into force in March. Incorrect posts can also result in fines for users.
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#rules #applicable #Big #news #major
( With inputs from : kashmirpublication.in )

February 27, 2023
Major project in Heidelberg: students build their own dormitory

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Final touches: The building is standing, now the future residents are furnishing it, including furniture they have built themselves.
Image: Maximilian von Lachner
In Heidelberg, students have realized a major project. Now the first are moving into their own dormitory – and trying out a new way of living together.
Whe wants to move into the Collegium Academicum needs strong fingers. Because things are still stuck and hooked everywhere in the new wooden building. The bed box hardly closes, the sliding doors to the rooms roll with difficulty and the wall panels, which can be pulled in front of the windows to provide shade, also require a good tug. Mirjam Hofmann doesn’t think it’s all that wild. “The wood is still warping,” says the twenty-year-old and presses a slatted frame into its frame. Meanwhile, a cordless screwdriver is humming in the next room. Around twenty young people are standing in the small apartment, a couple of boys heave a shelf through the kitchen, a young woman calls: “Nice, we made it!”
Mirjam and her fellow students actually did it: they built their own hall of residence in Heidelberg – and did everything themselves, from financing to the building contract. All they have to do is set up the furniture in the 46 shared apartments on four floors. 176 self-milled beds, cupboards and tables. And that’s why there are twenty of them standing in one apartment to explain things to each other. The student builders have put up with a lot for their 21 million euro mega project. Last but not least, they have spent their free time on the construction site over the past few months. To reduce costs. And to finally finish the construction. Because like everywhere else, there was a significant delay on this construction site thanks to Corona, a shortage of craftsmen and collapsed supply chains.
#Major #project #Heidelberg #students #build #dormitory
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#Major #project #Heidelberg #students #build #dormitory
( With inputs from : pledgetimes.com )

February 27, 2023
Trading Forex with Indian Rupee and Other Major Currencies

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Forex trading is the buying and selling of various currencies with the aim of making a profit. Since it is one of the most prevalent sorts of trading, it attracts a large number of traders from all over the world. One of the key currencies in the foreign exchange market is the Indian rupee, which is one of the currencies of developing economies and one of the principal currencies traded there. In this essay, we will go through the fundamentals of foreign currency trading, with a focus on the Indian rupee and other major currencies.
Learning about the foreign exchange market
The forex trading market is the world’s most significant and largest financial market. Traders may buy and sell currencies from all around the world on this market, which is open 24 hours a day, five days a week. The market is decentralised, which means that it does not function in a single place. Instead, the transaction is carried out digitally via a consortium of financial institutions that includes banks, brokers, and others.
Trading foreign exchange (forex) is a very active and fast-paced market that is open five days a week, 24 hours a day. This implies that traders may have access to the market at any time of day and from any location on the globe in order to trade currencies. The scale and liquidity of the foreign exchange market make it one of the most actively traded markets in the world, with a daily turnover of more than $5 trillion. Due to the fact that this market’s liquidity enables traders to join and exit positions rapidly and at advantageous prices, the market is appealing to traders who are looking for chances to engage in short-term trading. Traders nonetheless need to maintain a constant awareness of the latest economic and geopolitical news and events, particularly those that have the potential to influence currency markets.
Forex trading using the Indian rupee
The use of the Indian rupee in foreign currency dealing is becoming more popular among dealers worldwide. The Indian rupee is the country’s major currency, and it often trades on the foreign exchange market. There are many techniques to follow when trading foreign currencies using the Indian rupee.
Trading foreign exchange using the Indian rupee is possible using the currency pair USD/INR. The most prevalent and popular currency combination in India is the trade of US dollars for Indian rupees. It entails buying and selling one currency in exchange for another. Another way to trade foreign currency with the Indian rupee is to use the currency pair EUR/INR. Particularly, this covers acquiring and selling the euro in exchange for Indian rupees.
To trade foreign exchange using the Indian rupee, traders must first grasp the factors that determine the currency’s value. These components include the nation’s economic performance, government stability, interest rates, and trade balance. Traders must also keep a careful eye on global events such as geopolitical tensions, economic data releases, and changes in monetary policy since these may all have an impact on the value of the Indian rupee.
Foreign exchange trade with the major currencies
In addition to the Indian rupee, a number of other prominent currencies are traded on the foreign exchange market. These currencies include the US dollar, the euro, the Japanese yen, the British pound, the Swiss franc, the Canadian dollar, and the Australian dollar. Foreign exchange, often known as forex trading, is the act of buying one currency with another in order to make a profit.

To trade forex with other currencies, forex traders must grasp the elements that influence the pricing of other major currencies. These components include the nation’s economic performance, government stability, interest rates, and trade balance. Traders must also keep a careful eye on global events such as geopolitical tensions, economic data releases, and monetary policy changes since all of these factors have the ability to affect the value of these currencies.
Methods for trading in the foreign exchange market
Investors may use a range of trading strategies while trading foreign currency (forex). This category includes strategies such as scalping, day trading, swing trading, and position trading.
Scalping is a trading strategy that tries to produce a series of small profits from a high number of transactions made throughout the day. This strategy requires outstanding analytical ability, lightning-fast reflexes, and quick decision-making.
The activity of buying and selling a currency pair on the same trading day is known as day trading. Traders must have a high degree of self-discipline and attention to be effective with this strategy. This is because they will need to make quick decisions in order to profit from short-term price swings.
Swing trading is a trading strategy that involves holding positions for a prolonged length of time, which may range from several days to a few weeks. Since they must wait for market changes before taking action, traders must be patient and disciplined if they are to succeed with this strategy.
Position trading is a trading approach that requires holding positions for a long period of time, which might be months or even years. To be successful with this strategy, traders must have a long-term perspective and a thorough understanding of the fundamental dynamics that drive currency values.
The procedure for choosing a forex broker
Choosing the finest forex broker to deal with is critical for successful forex trading. A reputable foreign exchange broker will be licensed and regulated by a reputable financial body. They will also offer fair spreads and costs, an easy-to-use trading interface, and excellent customer support.
Before making a selection, traders should consider the broker’s track record and reputation in the industry. Visitors may check ratings and reviews on the website, as well as ask for recommendations from other businesses. Another critical stage in the process is comparing the features and services provided by different brokers, such as trading instruments, leverage, deposit and withdrawal methods, and educational materials.
Conclusion
Forex trading with the Indian rupee and other major currencies may be a successful and thrilling experience for traders with the right knowledge, talents, and temperament to engage in the market. Traders must have a fundamental grasp of the foreign exchange market, a robust trading strategy, a reputable broker, and an acceptable risk management plan. Traders that follow these principles continue to educate themselves and stay adaptable in the face of continuously changing market conditions may find success in foreign currency trading.

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#Trading #Forex #Indian #Rupee #Major #Currencies
( With inputs from : kashmirlife.net )

February 27, 2023
China’s Communist Party begins key meeting to discuss major revamp, government

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Beijing: China’s ruling Communist Party on Sunday began a key meeting to carry out a major revamp of the party and the government ahead of next month’s annual session of the Parliament.
The meeting of the Communist Party of China (CPC) plenum started its three-day plenary session in Beijing on Sunday, with President Xi Jinping, who is also the general secretary of the party, presenting a work report, the state-run Xinhua news agency reported.
The Central Committee plenary session is being held ahead of the annual session of China’s Parliament, the National People’s Congress (NPC), and the top advisory body — the China People’s Political Consultative Conference (CPPCC) — in the first week of March.
During the NPC’s annual session, China will unveil a new leadership, including a new premier to succeed the incumbent Li Keqiang who is retiring. Barring Xi, most of the officials at the top were expected to be replaced.
Earlier this week, the political bureau of the party discussed the draft plan for the reforms of the CPC as well as state institutions and finalised recommendations to be submitted to the Central Committee plenary for approval.
The Central Committee which was elected at the once in five-year Congress of the party held in October last year consisted of 203 members and 168 alternate members.
Xi, 69, was re-elected for an unprecedented third five-year term by the Congress.

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#Chinas #Communist #Party #begins #key #meeting #discuss #major #revamp #government
( With inputs from www.siasat.com )

February 26, 2023
MHA to launch major crackdown on militants operating from Pak, PoJK

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JAMMU, Feb 26: The Union Ministry of Home Affairs (MHA) with the assistance of Jammu and Kashmir Police (JKP) and Intelligence Agencies has prepared a list of local militants, who were operating from Pakistan and Pakistan occupied Jammu Kashmir (PoJK) and trying to fan terror in the Union Territory to declare them as “individual terrorists” leading to attachment of their assets and freezing of bank accounts besides initiating other legal action against them available under various Acts including Unlawful Activities Prevention Act (UAPA).
Security agencies believed that Dhangri attack in Rajouri district on January 1 could also be the handiwork of the local militants sitting in Pakistan and PoJK especially in selecting the target as they are well versed with minority-dominated villages though it has been established that the killings were executed by the foreign terrorists.
Official sources told the Excelsior that Doda district in Jammu region has highest numbers of 118 militants operating from Pakistan and PoJK and 10 of them are in the rank of commanders of Lashkar-e-Toiba (LeT) and Jaish-e-Mohammed (JeM) outfits.
Of them, the Home Ministry has already declared two as individual terrorists including Irshad Ahmed Attu alias Adrees son of Ghulam Mohammad Attu R/o Domail Udhyanpur and Mohammad Amin alias Khubaib alias Haroon son of Dawood Butt of Nandna Phagsoo, Thathri. Abdul Rashid alias Jehangir son of Arsullah Khanday, a resident of Khanpur Phagsoo could fall in the same category shortly as dossier against him is ready.
Seven other militant commanders from Doda operating in Pakistan and PoJK who are also likely to be declared as individual terrorists include Abdul Hai alias Tahir Bilal son of Ghulam Mohammad Bhat of Sazan Bhagwah, Mohammad Hussain Khateeb son of Abdul Hai Khateeb of Masjid Mohalla, Bhaderwah, Khalid Hussain alias Saifullah son of Abdul Qadoos of Hamdanpur, Majeed Hussain alias Abu Zeahed Mujahid son of Mangta Butt of Manoie Gandoh, Mohammad Shafi alias Nadeem son of Ghulam Mohammad of Trenkal Kahara, Naseer Ahmed alias Babloo son of Ghulam Hussain Thukur R/o Khai Mohalla Bhaderwah, Nazir Ahmed Gujjar alias Abu Manazir son of Lal din Gujjar of Bagla Bharath, Shabir Ahmed Naik alias Shera son of Ghulam Mohammad Naik of Dandal Kastigarh, Atta Mohammad son of Ghulam Nabi R/o Tanta Kahara, Zakir Hussain son of Abdul Rashid R/o Draina Bhalla in Bhaderwah and Abdul Rashid alias Jahangir son of Arsullah Khanday of Khanpura Phagsoo.
“Rest seven active militants would also be declared as individual terrorists and police administration is engaged in preparing dossiers against them including the terror acts executed by the militants here at their behest. Role of these militants has been established with documentary evidence,” sources said.
Police and Intelligence agencies have gathered all details about these terrorists including the places they were living in Pakistan and PoJK, the militants they have trained so far, their role in infiltrating militants and pushing arms, ammunition and explosives through drones and other means and luring local youth including their relatives into the militancy.
However, no major terror act has been reported from Doda district, once hub of the militancy, last year, due to alertness and activeness shown by the district police and preemptive actions taken by them.
Similarly, 36 youth from once militancy infested Kishtwar district have been identified as terrorists operating in Pakistan and PoJK including some of those who are active and inciting local youth through mobile phones, internet calls and other modes of communication to take to the arms. However, they have met with no or very little success as local youth were not taking to militancy now.

Mohammad Rafiq of Nar Gursai and Shamsheer Hussain of Gounthal in Poonch district are also set to be declared as “individual terrorists” very soon as they were directly affiliated with Jammu and Kashmir Ghaznavi Force (JKGF) which was recently banned by the Union Ministry of Home Affairs.
Both of them are operating from Pakistan and were instrumental earlier in guiding local youth to take to terror acts including planting of Improvised Explosive Devices (IEDs) and grenades in the twin border districts of Poonch and Rajouri.
Fourteen youth from Rajouri and Poonch districts are also operating from Pakistan and police don’t rule out the possibility of some of them being behind Dhangri attack in Rajouri district on January 1 this year in which seven civilians from minorities including two minors were killed and over a dozen others were injured.
Though it has almost been confirmed that the killings were executed by two foreign terrorists, sources said it remains to be seen how they selected the target like minority-dominated village, route taken to reach there and escape after the carnage etc.
“The fact that the killers might have been guided by the terrorists from across the border is not ruled out,” sources said.
They added that the Home Ministry has asked police to prepare dossiers against the militants who were operating from Pakistan and PoJK for declaring them as individual terrorists to facilitate seizure of their assets, mobile and immobile, and freeze the bank accounts which might have been used for transactions.
“The action is expected to be taken very soon as this will help check terror activities,” sources said.
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#MHA #launch #major #crackdown #militants #operating #Pak #PoJK
( With inputs from : roshankashmir.net )

February 26, 2023
Two major crypto exchanges failed to block sanctioned Russians

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Huobi and KuCoin did not respond to requests for comment.
One year after Russia launched its full-scale invasion of Ukraine, a conflict that has since killed hundreds of thousands of soldiers on both sides and forced millions of Ukrainians from their homes, the news reveals the continued limits of Washington’s attempts to cordon off Russian institutions and oligarchs from the broader financial system.
“Despite the bogus claims from crypto lobbyists, this is further evidence of crypto being the currency of choice for illicit finance, including by Russians looking to evade sanctions,” Sen. Elizabeth Warren (D-Mass.) said in a statement
Policymakers like Warren have warned for the better part of a year that crypto markets represent a gaping vulnerability in the U.S.’ sanctions on Russia. While Treasury officials say they’ve seen little evidence that digital assets can be used to duck sanctions at scale, the U.S. has cracked down on services — including Russian exchanges and so-called mixing services that make transactions more difficult to track — in an attempt to shut off the spigot.
Inca, whose market surveillance tools have been used by Commodity Futures Trading Commission and Defense Advanced Research Projects Agency, prepared the report on the anniversary of the Russian invasion to spotlight how certain exchanges still allow Russians to move their holdings in and out of the country using peer-to-peer platforms despite escalating sanctions. The report identifies potential vulnerabilities on two other major exchanges, most notably Binance — the world’s largest crypto trading platform and a frequent target of regulators across the globe.
Binance offers “multiple methods” for Russians to convert local currencies into crypto, including through its exchange and a peer-to-peer market, according to the report. While the platform doesn’t allow users to use Russian credit cards, debit cards or accounts from sanctioned banks on its exchange, those deposits are accessible through its peer-to-peer market, according to the report.
Binance called the report’s allegations “categorically false” in a statement.
“Binance is a full-KYC [know your customer] platform and was the first major exchange to implement EU crypto-related sanctions,” said Binance’s global head of sanctions, Chagri Poyraz. He said the company “takes the extraordinary additional step of filtering any forms of communication between users to ensure there is absolutely no potential nexus with Russian entities through any sort of workaround.”

The exchange has engaged in a major lobbying and public relations push in recent weeks in an attempt to head off state and federal agencies’ ongoing push to rein in lightly regulated crypto businesses.
Binance has previously said that it would like to settle any allegations that might be brought by the Justice Department or civil regulators. Patrick Hillmann, the exchange’s chief strategy officer, has acknowledged that Binance failed to fully verify the identity of its customers — a basic requirement for any financial company — during its first two years of operation. He said Binance has no timeline for reaching an agreement with regulators.
Meanwhile, the Singapore-based exchange ByBit allows users to convert Russian rubles into crypto using their peer-to-peer market and fiat deposit, according to the report. Russians may also purchase crypto on the exchange after depositing fiat currency via an online digital wallet or a local bank card — including “any Russian-issued card.”
“Many of these exchanges officially curtailed their operations in Russia due to the imposed sanctions. They claimed to block users from Russia and to prevent them from opening new accounts,” the report states. Instead, they’ve continued to work with Russian citizens, including allowing them to use the maximum deposit, trading, and withdrawal limits, the report said.
BitBy did not respond to a request for comment.
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#major #crypto #exchanges #failed #block #sanctioned #Russians
( With inputs from : www.politico.com )

February 25, 2023
Chinese Communist Party heads for major revamp at next week’s key meet

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Beijing: China’s ruling Communist Party as well as the state institutions will undergo a major revamp at a key meeting of the party to be held here next week, it was announced here on Wednesday.
The Central Committee of the Communist Party of China (CPC) headed by President Xi Jinping will hold its second plenary session from February 26 to 28, an official press release after the political bureau meeting of the Party held here on Tuesday said.
The Political Bureau discussed the draft plan on the reforms of Party and state institutions, which will be submitted to the second plenary session of the Central Committee for review, it said without disclosing the details of the planned reforms.
The Central Committee which is the top policy of the party was elected at the once in five-year Congress of the party held in October last year and consisted of 203 members and 168 alternate members.
Xi, 69, was re-elected for an unprecedented third five-year term by the Congress.
The Central Committee plenary session will be held ahead of the annual session of China’s Parliament, the National People’s Congress (NPC) and the top advisory body the China People’s Political Consultative Conference (CPPCC).
The two bodies were scheduled to meet in the first week of next month.
After the NPC annual session, China will unveil a new leadership, including a new Premier to succeed the incumbent Li Keqiang who is retiring.
Barring Xi, almost all officials at the top are expected to be replaced.

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( With inputs from www.siasat.com )

February 22, 2023
Major Reshuffle In J&K Police: Govt Orders Transfers And Postings Of 50 Officers – Check Full List Here – Kashmir News

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Major Reshuffle In J&K Police: Govt Orders Transfers And Postings Of 50 Officers – Check Full List Here – Kashmir News
Putin chides West, defends Ukraine invasion in major speech

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The speech reiterated a litany of grievances that the Russian leader has frequently offered as justification for the widely condemned war and ignored international demands to pull back from occupied areas in Ukraine.
Observers are expected to scour it for signs of how Putin sees the conflict, which has become bogged down, and what tone he might set for the year ahead. The Russian leader vowed no military let-up in Ukrainian territories he has illegally annexed, apparently rejecting any peace overtures in a conflict that has reawakened fears of a new Cold War.
Instead, he offered his personalized version of recent history, which discounted arguments by the Ukrainian government that it needed Western help to thwart a Russian military takeover.
“Western elites aren’t trying to conceal their goals, to inflict a ‘strategic defeat’ to Russia,” Putin said in the speech broadcast by all state TV channels. “They intend to transform the local conflict into a global confrontation.”
He added that Russia is prepared to respond to that as “it will be a matter of our country’s existence.”
While the Constitution mandates that the president deliver the speech annually, Putin never gave one in 2022, as his troops rolled into Ukraine and suffered repeated setbacks.
Before the speech, Kremlin spokesman Dmitry Peskov said that the Russian leader would focus on the “special military operation” in Ukraine, as Moscow calls it, and Russia’s economy and social issues. Many observers predicted it would also address Moscow’s fallout with the West — and Putin began with strong words for those countries.
“It’s they who have started the war. And we are using force to end it,” Putin said before an audience of lawmakers, state officials and soldiers who have fought in Ukraine.

Putin accused the west of the West of launching “aggressive information attacks” and taking aim at Russian culture, religion and values because it is aware that “it is impossible to defeat Russia on the battlefield.”
He also accused Western nations of waging an attack on Russia’s economy with sanctions — but declared but they hadn’t “achieved anything and will not achieve anything.”
Putin also said that Russia would suspend its participation in a treaty aimed at keeping a lid on nuclear weapons expansion. The so-called New START Treaty was signed by Russia and the U.S. in 2010. It caps the number of long-range nuclear warheads they can deploy and limits the use of missiles that can carry atomic weapons.
Putin said Tuesday in a major address that Russia was not fully withdrawing from the treaty yet. He said Russia must stand ready to resume nuclear weapons tests if the US does so.
Underscoring the anticipation ahead of time, some state TV channels put out a countdown for the event starting Monday, and Russia’s state news agency RIA Novosti on Tuesday morning said the address may be “historic.”
The Kremlin this year has barred media from “unfriendly” countries, the list of which includes the U.S., the U.K. and those in the EU. Peskov said journalists from those nations will be able to cover the speech by watching the broadcast.
Peskov told reporters that the speech’s delay had to do with Putin’s “work schedule,” but Russian media reports linked it to the multiple setbacks Russian forces have suffered on the battlefield in Ukraine.
The Russian president had postponed the state-of-the-nation address before: In 2017, the speech was rescheduled for early 2018.
Last year the Kremlin has also canceled two other big annual events — Putin’s press conference and a highly scripted phone-in marathon where people ask the president questions.
Analysts expected Putin’s speech would be tough in the wake of U.S. President Joe Biden’s visit to Kyiv on Monday. Biden plans to give his own speech later Tuesday in Poland, where he’s expected to highlight the commitment of the central European country and other allies to Ukraine over the past year.
White House national security adviser Jake Sullivan said that Biden’s address would not be “some kind of head to head” with Putin’s.
“This is not a rhetorical contest with anyone else,” said.
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( With inputs from : www.politico.com )

February 21, 2023