Saturday, June 10
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World News

Hindenburg targets former Twitter CEO Dorsey’s company

World News
New York | After Gautam Adani, American short seller Hindenburg has now increased the difficulties of Twitter co-founder and former CEO Jack Dorsey. In its new research report, Dorsey-led mobile payment company Block Inc has been accused of promoting transactions related to criminal activities. It has been said in the report that the block fraudulently increased the number of users. As a result, Block's stock fell 19% on Thursday despite a 2% gain on the Nasdaq. According to Hindenburg, rules were not followed in the block's internal system. The report read, "Investigation revealed that Block cleverly duped her, whom she claims to be helping.
Haaland scored second hat-trick in five days, Manchester City in semi-finals of FA Cup

Haaland scored second hat-trick in five days, Manchester City in semi-finals of FA Cup

World News
English football club Manchester City reached the semi-finals of the FA Cup. City beat Burnley 6–0 at home. Erling Haaland scored a hat-trick for City, while Julian Alvarez scored twice and Cole Palmer scored one. At home at the Etihad Stadium, Haaland scored NEXEY TIRE goals in the 32nd, 35th, 59th minutes while Alvarez scored in the 62nd, 73rd and Palmer scored in the 68th minute. Holland scored his second hat-trick in five days. He scored five goals against RB Leipzig in the Champions League on 14 March. This is Haaland's debut season in English football and he has already scored six hat-tricks. Haaland has scored 42 goals in the season. Manchester City have reached the semi-finals of the FA Cup for the sixth time in seven seasons under Pep Guardiola as manager.
Flight from Chicago to Delhi cancelled, 300 passengers stranded in America for 3 days

Flight from Chicago to Delhi cancelled, 300 passengers stranded in America for 3 days

World News
Chicago | Around 300 passengers of Air India are stranded in America for three days. Air India flight AI 126 was to fly from Chicago airport to Delhi at 1.30 pm on Tuesday, but Air India canceled the flight citing technical reasons. Passengers say that the company has not yet done so. Told when an alternate flight would be made available to send them to Delhi. A passenger, Gopal Krishna Solanki Radhaswamy said that the passengers have been waiting for almost three days, but alternative arrangements have not been made. At the same time, an Air India spokesperson said that efforts are being made to accommodate the passengers on alternate flights.
Credit Suisse also faltered: Only 0.1% stake in Indian banking system

Credit Suisse also faltered: Only 0.1% stake in Indian banking system

World News
The financial condition of Europe's investment banking company Credit Suisse is not good. Huge fluctuations are being seen in its stock since two days. Recently two big banks of America have been closed and the third banking institution is on the verge of bankruptcy. Now the faltering of Credit Suisse has raised concerns. It is a matter of relief that Credit Suisse has only 0.1% stake in India's banking system. According to investment banking company Jefferies, Credit Suisse's assets in India are around Rs 20,000 crore. Accordingly, it is the 12th largest foreign bank in the country. A Jefferies report on Thursday said that the worst-case scenario could be that Credit Suisse might collapse. Such apprehension is less, but even if it happens, there will be no direct impact on Indian bank...
E-verification of 68,000 cases of mismatch in returns

E-verification of 68,000 cases of mismatch in returns

World News
New Delhi : In the financial year 2019-20, the Income Tax Department is conducting e-verification of 68,000 cases for not declaring full income in the income tax return. According to Nitin Gupta, chairman of the Central Board of Direct Taxes (CBDT), the department has currently selected around 68,000 cases for 2019-20 for e-verification based on risk management parameters. Of these, in 56% i.e. 35,000 cases, the taxpayers have already sent satisfactory replies or filed revised ITRs. In the remaining 33,000 cases, no response has been received from the taxpayers. According to Gupta, so far 15 lakh revised ITRs have been filed and Rs 1,250 crore has been deposited as tax. Taxpayers have time till March 31, 2023 to file revised ITR for 2019-20. Why e-verification is necessary: ​​E-veri...
Marginal decline in retail inflation, but above RBI’s prescribed range

Marginal decline in retail inflation, but above RBI’s prescribed range

World News
New Delhi: The country's retail inflation has come down marginally to 6.44% in February. It was 6.52% in January. Inflation eased by 0.8 percentage points in a month due to softening in the prices of food articles and fuel. However, this is the second consecutive month when retail inflation is above the RBI's prescribed range. Except for November-December last year, the retail inflation rate has remained above the RBI's fixed range of 6% since January 2022. The Reserve Bank estimates that the retail inflation rate will remain at the level of 6.5% in the financial year 2022-23. On behalf of the government, the central bank has got a target of keeping the inflation rate at 4% with a variation of 2%. To control inflation, RBI has increased interest rates by 250 basis points since May last...
Women’s Premier League: Mumbai showed strength continuously and won the fourth match, remained on top of the table

Women’s Premier League: Mumbai showed strength continuously and won the fourth match, remained on top of the table

World News
The winning streak of Mumbai Indians continues in the Women's Premier League. Mumbai has defeated UP Warriors by 8 wickets in the 10th match of the league. The partnership between Mumbai captain Harmanpreet Kaur (53 *) and Nat Sciver Brett (45 *) was an important contributor to this victory. The 106* run partnership between the two gave Mumbai the win with 15 balls to spare. Harman got the player of the match. With this victory, Mumbai has won 4 consecutive matches. They remain on top in the points table. On the other hand, UP have suffered their second defeat in their fourth match. UP is third in the league with two wins and two losses. Alyssa Healy's team, electing to bat first, scored 159/6. Healy scored 58 and Tahila McGrath scored 50. Saika Ishaq also took 3 wickets in this mat...
Manchester City won their third consecutive away tie; 34 goals in 35 matches for Holland

Manchester City won their third consecutive away tie; 34 goals in 35 matches for Holland

World News
England's football club Manchester City won the third consecutive away match in the Premier League, defeated the opponent on its ground. City beat Crystal Palace 1–0 at Selhurst Park Stadium. City's only goal was scored by Erling Haaland on a penalty in the 78th minute. Haaland has scored 34 goals in 35 appearances for City this season. This is City's 19th win in 27 matches and the team is at number two with 61 points. Arsenal are only two points ahead of the team. Meanwhile, Tottenham Hotspur beat Nottingham Forest 3-1 at home.
Italy Coast Guard rescues over 1,000 migrants

Italy Coast Guard rescues over 1,000 migrants

World News
Separate teams of the Italian Coast Guards rescued about 1000 people and brought them to the coast. Actually, three boats were hit by the dangerous waves of the sea. There were more than 1000 people in them. After the danger was reported, a campaign was started to save them. Coast Guard rescued these people in two boats. 584 people were taken to Roggio Calabria in a boat. While in the second boat, 487 people were taken to Croton Port. This is the same island near which the shipwrecked on 26 February. 74 had died then.
Israel: Not only a battleground but also a hub for tech companies and startups

Israel: Not only a battleground but also a hub for tech companies and startups

World News
The entire area where Israel is located today was part of the Roman Empire in ancient times. Then it came under the Byzantine Empire, where the Greek language was spoken. In modern times, the Ottoman Empire of Turkey used to be at the place of Israel. After Turkey's defeat in World War I, this area was occupied by Britain and remained with it till the end of World War II. During the Second World War itself, after the genocide of the Jews by the Nazis in Germany from 1941, the Jews left Europe and went to the Palestinian territory. The Jews had the open support of Britain, so there was no problem in their settling there. After World War II, in 1945, Britain handed over this area to the United Nations. Meanwhile, the mass migration of Jews to Palestine increased tensions in the region...