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Humanity's Commitment
Good Morning Folks!!! Hamsters are a man's best friend. But did you know that there is a country where it is illegal to own just one guinea pig, because they believe these adorable creatures need companionship to thrive? Renowned for its stunning landscapes, this nation is a testament to humanity's commitment to high-quality living standards for both humans and animals alike. Guess this country to champion today's trivia!
INTERNATIONAL
India Joins Elite G20 Group Recognized by FATF
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One Liner: India earns a prestigious spot among the top G20 nations acknowledged by the Financial Action Task Force (FATF) for its robust financial regulations!
The Financial Action Task Force (FATF) has placed India in a distinguished group of G20 countries for its strong anti-money laundering and counter-terrorism financing measures. Joining the ranks of only four other G20 nations, Indiaโs recognition reflects its effective regulatory framework and commitment to financial integrity. This accolade enhances India's global financial standing and reinforces its role in combating financial crimes on the international stage ๐ค๐๏ธ
E-COMMERCE
Flipkart Sellers Raise Concerns Over Price Restrictions
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One Liner: Flipkart sellers voice out issues pertaining to price inflexibility on the platform, impacting their ability to set competitive rates.
Sellers on Flipkart are alleging that the platform is imposing restrictions on their ability to adjust prices, affecting their competitiveness and profitability. They claim that these price curbs limit their flexibility in responding to market dynamics and customer demand. The sellers argue that such measures hinder fair competition and their business growth, urging for a review of the pricing policies to ensure a level playing field for all stakeholders on the e-commerce platform๐ต๐
TELECOM
Jio Hikes Tariffs by Up to 25%; Airtel, Vi May Follow Suit
One Liner: Jio raises mobile tariffs by up to 25%, with Airtel and Vi likely to join the price hike trend.
Reliance Jio has announced a significant tariff hike of up to 25% for its mobile services, marking the first increase in several years. This move is expected to impact millions of users and potentially set a precedent for other telecom operators like Airtel and Vodafone Idea (Vi) to follow. The price adjustment aims to boost revenue and improve network infrastructure, reflecting the growing cost pressures in the telecom industry๐ง๐บ
WORLD
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The Maldives' trade minister seeks support from Chinese banks following Fitch's downgrade of the country's credit rating to junk status. This downgrade reflects concerns over the Maldives' economic stability, prompting the government to seek external financial assistance to stabilize its economy.
Starbucks expands its product line with new energy drinks, diversifying its product offerings beyond the traditional coffee. This move is part of the company's strategy to tap into the growing demand for alternative energy sources and attract a broader customer base.
Nokia acquires infinera for $2.3 billion to boost AI capabilities, a strategic move aimed at enhancing its optical networking and AI capabilities. This acquisition positions Nokia to capitalize on the rapidly expanding artificial intelligence market and align with its broader vision for next-generation technology solutions .
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Workshop: Cookie Decoration Workshop
Riddle
How many eggs can be eaten on an empty stomach?
ANSWER TIME!!
Answer(Trivia): Switzerland
Answer(Riddle): On an empty stomach, you can eat only one egg because all the next ones would not be eaten on an empty stomach
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