The Best City 🌟🌳

Good Morning Folks!!! We all know sleep is a basic need. In fact, humans spend around 26 years of their life sleeping. But imagine remaining wide-eyed for nearly 20 years! Say hello to Harriet, an animal who owing to a rare genetic mutation baffled scientists in the 2000s.Can you guess which animal we’re talking about? Stay tuned till the end of the newsletter to find out if you’ve aced today’s trivia!

Today’s Read time is 6 minutes.

Bengaluru
Unacademy's CEO Dubs Bengaluru The “Best City” In India

Prestige lakeside habitat villa side view in evening

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One Liner: Gaurav Munjal recently took to Twitter to go into ruptures about Bengaluru, the Silicon Valley of India, hailing it as the best city for entrepreneurial passions.

Unacademy's Gaurav Munjal can't stop raving about Bengaluru, calling it the best city in India. According to Munjal, the city’s vibrant tech scene and dynamic lifestyle are attracting people from all over. He notes that everyone he meets these days wants to pack their bags and head to India’s Silicon Valley. With its thriving startup ecosystem, pleasant weather, and endless opportunities, Bengaluru is the place to be. Move over, Mumbai and Delhi—Bengaluru is stealing the spotlight! 🌟🌳

TECH
Massive Tech Layoffs 2024: IT and Transportation Take a Hit!

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One Liner: Tech layoffs hit hard in May 2024, with the IT and transportation sectors bearing the brunt!

May 2024 has been a tough month for the tech industry, with significant layoffs rocking the IT and transportation sectors. Companies are tightening their belts amidst economic pressures, leading to widespread job cuts. The IT sector, a traditional powerhouse, is feeling the squeeze as firms adjust to shifting market dynamics. Meanwhile, transportation tech is also facing layoffs, reflecting broader industry challenges. It's a bumpy ride for tech professionals. Stay strong, tech warriors! ⚡💼

TAX
Infosys Invites Tax Troubles, Fined ₹2.6 lakh

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One Liner: Tech giant Infosys, helmed by Narayana Murthy, faces a ₹2.6 lakh fine for sales tax non-payment, spotlighting ongoing tax compliance woes!

Despite its massive market cap of over ₹5.83 lakh crore and a global presence in 56 countries, Infosys is facing tax troubles yet again. The tech giant, led by Narayana Murthy, has been slapped with a ₹2.6 lakh fine for sales tax non-payment. This isn't Infosys' first brush with tax issues; they've also faced penalties for alleged violations in Florida and fines by the Commonwealth of Massachusetts. Tax compliance in global operations is no walk in the park! 🌐💼

WORLD

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BRICS fever has caught over 40 countries vying for membership in 2024. Consequently, seven newbies are tossing in their membership applications early this year. The anti-dollar wind is currently swaying across developing nations such as Asia, Africa, and South America, but India is not too keen to fatten the BRICS squad altogether. The thrust in the current scenario is chiefly placed on the smooth running of the existing cohort.

New Zealand universities are having a word with their government on the mounting degree of rejection numbers for Indian student visas. The rejection rate shot up from 28% in 2022 to 40% in 2023. Well, glimmers of hope are shimmering, as it gets cut to 40% from 49% in the first quarter of 2024. Kiwi unis are jazzing up their collaboration gigs with their Indian counterparts.

Listen up, we have a bombshell of news from a Chinese official. At the United Nations Conference on Disarmament held in Geneva this February, an apex Chinese nuclear authority proposed a startling proclamation that it was either this or that—a no-first-use treaty or a solidifying statement that had political value. Conjure up a world where big nations refrain from causing nuclear chaos. Well, in that case, China could seek some Indian buttresses if this is a legit proposal and not an attention bash.

Learn: MrBeast Gave Away $10,000 Every Day for Survivors in his New Video.

Watch: Watch this Mumbai Millionaire’s Home Tour.

Workshop: Attend a Candle Making Workshop in Bengaluru.

ANSWER TIME!!

Answer(trivia): Sheep

Answer (Monday’s Riddle):

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  • A Thought

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