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New Magic - Fund Vanish ✨🪄

Good Morning Folks!!! Buckle up, because we're about to launch a surprise quiz that'll put your knowledge to the test. Wars can stretch on for decades, but some conflicts unfold in the blink of an eye. Can you imagine a war so swift it settles international disputes in just 38 minutes? That's faster than your coffee break! Stay tuned to see if you aced this history trivia challenge!

Today’s Read time is 6 minutes.

KARNATAKA
Karnataka Funds Vanish from Bank Accounts

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One Liner: Karnataka's funds siphoned off from bank accounts, sparking a major financial scandal!

In a shocking turn of events, a significant amount of money has mysteriously vanished from Karnataka’s bank accounts, causing a major financial scandal. Authorities are scrambling to trace the siphoned funds and uncover the culprits. While this incident has raised serious concerns about banking security, with investigations in full swing, everyone’s watching closely to see how this high-stakes drama unfolds! 🕵️‍♂️💥

TAX
GST Collections Skyrockets To ₹1.73 Lakh Crore In May!

Free Money GIF by SpongeBob SquarePants

Gov’t in May 👆🏻

One Liner: India's GST collections surged by 10% in May, hitting a whopping ₹1.73 lakh crore!

India's GST collections hit a new high in May, soaring to ₹1.73 lakh crore, marking a 10% increase compared to the previous year. This impressive surge reflects robust economic activity and effective tax compliance across the country. The finance ministry is all smiles, attributing this growth to consistent efforts in streamlining GST processes. Keep the momentum going, India! 🚀📈

INVESTMENTS
Private Equity and Venture Capital Funding See $700M Decline

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One Liner: PE and VC funding in India registered a $700 million downturn in May, signaling a cautious investment climate amidst sectoral promise.

Private Equity (PE) and Venture Capital (VC) funding in India experienced a significant drop, falling from $16.2 billion to $11.5 billion in May this year. Despite this dip, the February to April period saw a steady rise in investments, with standout deals like Healthium's $840 million snag by KKR. While the investment vibe is cautious, some sectors are still shining bright. Buckle up, it's a selective growth ride!💼📉

WORLD

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Retired Army Col. Karl Nell had intriguing information to pass at the SALT iConnections conference: the quirky mingling of aliens with humans! Spicing up the discussion, he spilled the beans on the government, holding top-notch secrets regarding alien presence, and further added that sweeping it under the rug would spell disaster. With that being said, he had a treasure trove of experience with the Pentagon’s UFO/UAP task force, army, and aerospace crew.

Sunita Williams, the NASA astronaut and the spacefaring icon for many women, was all geared up for what would have been her third space voyage, but alas, it was scrapped just three minutes and fifty-one seconds before liftoff. What is next for the idol? She and fellow astronaut Butch Wilmore will have to wait 24 hours for a brand new launch time. Hold on a little longer to witness them soar!

Meet Tmesipteris Oblanceolata, the fork fern with a mesmerizing genome that is bigger than any of its contemporaries, transcending the previous record set by Paris japonica. This genomic marvel, as gigantic as ever, thrives on the forest floor and a farrago of fallen logs in New Caledonia, in addition to nearby islands like Vanuatu. Well, having a colossal genome is not equivalent to having it all, as it needs bonus resources for DNA drudgeries like replication and repair.

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Riddles

  • I have an eye, but cannot see. I have a head, but cannot think. What am I?

  • I have keys but no doors, space but no room, you can enter but can't leave. What am I?

  • I am forever evolving, yet I have no physical body. I can be a source of comfort or a weapon of destruction.

ANSWER TIME!!

Answer (Trivia): The Anglo-Zanzibar War of 1896 (fought between the United Kingdom and the Sultanate of Zanzibar)

Answer(Last riddle):

  • Post Office 

  • 1 Brother

  • Light

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