Quackers Tackle Fact

Good Morning Folks!!! Ready for a quackers-tackle fact? In 1938,  an animal who stole the show and the paycheck to become the highest-paid animal actor in Hollywood at the time, waddling away with a cool $2,000 per week (around $40,000 today)! Before we give it away to this brilliant feathered performer, let’s hear from you guys. Flip your guesses down below!

INVESTMENT
SEBI Investigates $11 bn Fund for Alleged Irregularities

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One Liner: Quant Mutual Fund under SEBI inquiry vows full compliance, facing allegations of illegal trading practices.

Quant Mutual Fund, managing $11 bn, faces an inquiry from India’s stock market regulator, SEBI. The fund assures full cooperation with SEBI. The company, a major player in India’s asset management sector, aims to uphold transparency and regulatory compliance amidst the investigation. This development follows reports of a search at the fund’s headquarters related to alleged front running activities, an illegal practice in India. The outcome of this inquiry could impact smaller stocks within the fund’s portfolio😬🧟

GOVERNMENT
Kerala To Change Its Official State Name

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One Liner: Kerala Assembly passes a resolution to change the state's name to "Keralam"

Let's Make it Official! The Kerala Assembly is all set to give the state a new name. In a move that reflects local tradition, the assembly headed by the Chief Minister passed a resolution to officially change the state's name from "Kerala" to "Keralam”, a more commonly used name among the native population. This is the second time the resolution has been passed. This comes after the Home Ministry suggested changes to the first one 🤹🙌

GOVERNMENT
Bank Account Rentals: A Rising Fraud

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One Liner: Cyber frauds in Goa turn to unemployed youngsters to lure them with quick bucks scheme by renting bank accounts

An ongoing scam called for immediate police investigation when a jeweller lost almost 2 crore from using a fake trading account. The scam involves criminals tricking young people into renting out their bank accounts for fraudulent purposes, which are then used to launder money, potentially stolen from unsuspecting victims. The fraudsters entice people by paying a commission of 1,000 rupees for every transaction worth over a lakh, arising from the rented account. Talk about a lucrative a profession 🦹🤷

WORLD

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OYO, the hodophile tech platform, made a scintillating announcement, unleashing a new milestone with the opening of its maiden opulent hotel in the capital of the Emirate of Dubai. This new gastronome’s paradise is called ‘Palette Royal Reflections Hotel and Spa’. Expecting a deluge of Indian tourists in 2024 with Dubai’s laid-back visa policies of late, this feat stands as a remarkable one, ramping up the footfall of the tech maverick’s presence in the global luxe property sector.

Nvidia just took a back seat from its pedestal as the most valuable firm internationally on Friday as the company’s shares have dwindled in the erstwhile two trading days, pushing the firm into a tertiary status oblivion with $3.1 trillion trailing tech leviathans Apple and Microsoft with $3.2 trillion and $3.3 trillion, respectively. The sudden, palpable plummet is just a reflection of standard corrections in the market as analysts perused the drip.

ByteDance, the parent titan of TikTok, is striking a partnership deal with U.S. chip designer Broadcom to forge cutting-edge AI processors. These futuristic processors will leverage 5-nanometer technology while sticking firmly to the US export curtailments on snazzy state-of-the-art semiconductors to China. The chips are designated to be manufactured by the most reputable and gigantic contract chipmaker, Taiwan Semiconductor Manufacturing Company (TSMC).

Unnatural Beauty: Check out the models in an AI beauty pageant

Google For Recipes: This website lets you search 2 million recipes.

Workshop: Ukrainian egg decoration.

Riddle

I have keys but open no locks. I have space but no room. You can enter, but you can't go outside. What am I?

ANSWER TIME!!

Answer(Trivia): In 1938, a penguin named Pete became Hollywood's highest-paid animal actor, starring in "Mr. Popper's Penguins.

Answer(Riddle): A Keyboard

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