We have launched our mobile app, get it now. Call : 9354229384, 9354252518, 9999830584.  

News in Short

News in Short - 29-July-2020

Gold prices hit record high

Date: 29 July 2020 Tags: World Economy
  • Gold raced to a record high as the US’s deepening Covid-19 crisis sent the US dollar tumbling further and encouraged anxious investors to choose the precious metal as the place to park their cash.
  • The price of the metal, used by investors as a store of value in times of stress, climbed as much as 2.4 percent in intraday trading to a record $1,945.16 a troy ounce.
  • Gold has rallied by more than a quarter this year, making it one of the best-performing mainstream assets, as investors brace for the economic fallout of Covid-19.

WHO calls Covid-19 worst health emergency

Date: 29 July 2020 Tags: Miscellaneous
  • The new coronavirus pandemic that has infected more than 16 million people is easily the worst global health emergency the World Health Organization (WHO) has faced.
  • It said that when the measures are followed, cases go down. Where they are not, cases go up, praising Canada, China, Germany, and South Korea for controlling outbreaks.
  • Resurgences of the coronavirus in various regions, including where nations thought they had controlled the disease, are alarming the world, with deaths nearing 6,50,000.

Government bans clones of banned Chinese apps

Date: 29 July 2020 Tags: Miscellaneous
  • The government crackdown on Chinese apps continued, with the information and technology ministry banning 47 new apps. The move comes nearly a month after the ban on 59 Chinese apps, taking the total number of mobile applications blocked to 106.
  • The new apps include clones and different versions of some of the original apps and action may soon be taken against more Chinese apps operating in India.
  • It is believed that the government is closely scrutinising other apps that have Chinese bearings. These include top gaming app PUBG (by Chinese internet giant Tencent) and AliExpress (by Alibaba group).
  • The government is concerned about the data collection and data harvesting practices of these apps and feels that these processes may be prejudicial to the security of the country.

First batch of Rafale jets reach India

Date: 29 July 2020 Tags: Military
  • The first batch of five Rafale jets will reach India after taking off from France. The multi-role fighter aircraft are scheduled to arrive at Ambala air force station.
  • The fleet is expected to significantly boost the IAF's combat capabilities at a time when India is locked in a tense border row with China in eastern Ladakh.
  • The aircraft is capable of carrying a range of potent weapons. European missile maker MBDA's Meteor beyond visual range air-to-air missile and Scalp cruise missile will be the mainstay of the weapons package of the Rafale jets.

Rajasthan governor agrees to conveneassembly session

Date: 29 July 2020 Tags: Miscellaneous
  • Rajasthan Governor Kalraj Mishra has agreed to summon assembly session if Ashok Gehlot government agrees on giving a 21-day notice.
  • This comes after the governor returned to the Gehlot-led government a note seeking an assembly session and sought additional information.
  • Although the governor is bound to accept the government's recommendation for convening an Assembly session, he has stopped short of expressly granting a time and date.