Good Afternoon. Did you know that Bangalore, despite its bustling metropolis image, used to be called the "City of a Thousand Gardens"? Although many lakes have been lost to development, the city still boasts numerous beautiful parks and gardens, including the famous Lalbagh Botanical Garden, which houses one of the oldest rock formations in India, dating back 3 billion years! So, while you're exploring the city's tech hubs and vibrant culture, don't forget to seek out some green havens for a dose of tranquility and historical wonder.

MARKETS

The Nifty 50 exhibited muted movement on February 8th, 2024, ending the day marginally higher by 0.01%. Initial gains were pared later in the session, resulting in a relatively flat close. Sectoral performance diverged, with Nifty Energy surging 0.58% and Nifty FMCG gaining 0.3%. Conversely, Nifty IT shed 1.25%. In essence, the market witnessed a balanced performance without significant gains or losses.

POLITICS
Centre vs States

Some southern states in India, like Karnataka and Kerala, are unhappy with the government's budget. They think they're not getting enough money compared to other states, even though they control their population well. They're upset about a special formula used to divide the money and the fact they get less of what they put into the national pot. They're protesting and might even sue the government! This could make things tense and spark a debate about how to share money fairly across the country. Basically, some states feel left out and want a bigger slice of the financial pie.

INTERNATIONAL TRADE
US buys more from Mexico than China

Imagine a race where countries send things to America instead of athletes. Last year, for the first time in 20 years, Mexico won the gold medal! They sent more stuff to America than even China, which used to be the champ.

There are two reasons for this:

1. China got more expensive. Trade fights with America (remember the tariffs?) made Chinese stuff costlier, and China itself got richer, meaning workers needed more pay.

2. Mexico got more attractive. Companies making things for America liked that Mexico was closer and cheaper, so they moved their factories there.

So, even though China isn't doing badly, Mexico's star is shining brighter in the trade world!

WORLD

SpaceX, led by Elon Musk, launched its powerful Falcon Heavy rocket on February 8th, marking its 9th successful flight overall. This specific launch carried a mysterious US military satellite, the X-37B spaceplane, on its 7th mission. While details of the satellite's purpose remain classified, it has sparked curiosity due to its past long-duration missions and potential for advanced research. This successful launch solidifies SpaceX's position as a major player in space exploration and demonstrates its capability to handle complex missions for both civilian and military clients.

Pakistan’s big vote is happening now: High security and violence mar Pakistan's crucial national elections, with the outcome holding regional and internal significance. Voters seek economic stability amid rising costs and debt, hoping for leaders who can navigate these challenges. Former PM Imran Khan remains popular despite imprisonment, leading to concerns about unrest if his party feels the results are unfair. Regional peace hangs in the balance as the new government could impact Pakistan's relationship with Afghanistan and India. Domestically, the winning party will set the course for policy on social, economic, and foreign affairs. Beyond electing officials, these elections represent a pivotal moment for Pakistan's future.

Greece is boiling with student protests against a proposed law introducing private universities. Fear of lowered quality, limited access for the poor, and public funding being diverted have fueled the demonstrations. The government argues for reform, competitiveness, and attracting foreign students. Negotiations are underway, but students demand stricter regulations and guarantees of quality and affordability. Legal challenges also loom. This goes beyond education, symbolizing a fight for equal opportunity and a quality national system. Stay updated through student groups, independent media, and international news channels.

Sneak Peek

• Adani re-enters $100 billion club: Business tycoon Gautam Adani recovers from last year's short-seller attacks, regaining his financial prominence.

• "Jurassic World" roars back: Release date confirmed for the next movie in the franchise, set for June 2025.

• Angelina Jolie considers leaving Hollywood: Reports suggest she might step away from acting due to ongoing custody battles with Brad Pitt.

Zzzzz: A napping polar bear took the people’s choice prize in the Wildlife Photographer of the Year Awards.

Watch: How to use your microwave, including its most important button.

Think different: Advice from experts on how to banish negative thoughts.

Decode: Researchers used AI to decipher the unreadable Herculaneum scrolls.