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Digital Currency: How different will Digital Rupee be from Crypto Currency?

Ritika Kadiya
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Digital Currency: How different will Digital Rupee be from Crypto Currency?

Digital Currency: Union Finance Minister Nirmala Sitharaman made numerous major announcements when she presented the budget for the fiscal year 2022-23 on February 1. He added the Reserve Bank of India will launch digital currency, which is another step towards Digital India. The Reserve Bank of India will issue the digital rupee, according to the Finance Minister. By the way, digital currency is not a new notion. Other digital or virtual currencies, such as bitcoin, are already traded around the world. However, following the Finance Minister’s declaration, there has been a lot of talk regarding the digital rupee. Everyone wants to know what the Digital Rupee is, how it works, and what its benefits and drawbacks are. In fact, the digital rupee will function similarly to bitcoin or other virtual currencies. RBI will be the only one to issue it. Let us look at some of the benefits and drawbacks of the digital rupee in simple terms…

Positive aspects of the digital rupee or currency

RBI would have given the Digital Rupee legal status.

It will be in the form of a digital Rupee.

Any currency can be traded for it.

With the introduction of the Digital Rupee, Indian retailers may now easily make payments in Digital Dollars or Digital Ponds to merchants in the United States and Europe.

This will be a real-time transaction that will not require the use of a middleman.

The negative aspects of the digital rupee

Technology is the most significant challenge that the digital rupee or currency faces. Fraud and scam instances may rise as a result of technological advancements.

For the use of digital currency, a fast internet connection is required throughout the country.

The success of digital currency cannot be predicted until high-speed internet infrastructure is in place.

What is the difference between crypto and digital currency?

India’s digital currency will function similarly to money in that it can be used everywhere. Furthermore, digital currency can be swapped. In crypto currency, however, this is not the case.

Aside from that, you’ll be able to utilise Digital Rupee in any location. Digital rupees will be accepted everywhere, just like debit cards, credit cards, and online payments are. However, if you take a crypto to the grocery store to buy wheat or rice, you will most likely return empty-handed and unhappy.

Statue of Equality: The Ashtadhatu statue of Saint Ramanujacharya is the largest in the world

Ritika Kadiya
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Statue of Equality: The Ashtadhatu statue of Saint Ramanujacharya is the largest in the world

PM Modi will visit Hyderabad on Saturday on the occasion of Basant Panchami. During this, the Prime Minister will dedicate the statue of Vaishnava saint Ramanujacharya Swami ‘Statue of Equality’ to the nation. The presentation will commence at 5 pm. The Statue of Equality is the world’s largest statue made of Ashtadhatu. It has been included in the Guinness Book of World Records.

The statue has been erected in the Ramanujacharya temple built at a cost of about Rs 1000 crore. Earlier, PM Modi will visit the International Institute of Crop Research (ICRIST) in Patancheru, Hyderabad and start the 50th anniversary celebrations of ICRIST.

1001 years of the birth of Sant Ramanujacharya Swami

The Statue of Equality and Ramanujacharya Temple are built on 45 acres of land. The ancient edifice of the temple is spread over an area of ​​about 1.5 lakh square feet, which is 58 feet high. The Statue of Equality has been put atop it.

The Statue of Equality and Ramanujacharya Temple are built on 45 acres of land. The ancient edifice of the temple is spread over an area of ​​about 1.5 lakh square feet, which is 58 feet high. The Statue of Equality has been put atop it.

It has been 1001 years since the birth of the Vaishnava saint Ramanujacharya Swami, who talked about equality for the first time in India. A huge shrine of Ramanujacharya has been built in Hyderabad. There are two idols of Ramanujacharya at the temple. The first statue of Ashtadhatu is 216 feet high, which has been placed, it has been dubbed Statue of Equality.

The second idol is situated in the sanctum sanctorum of the temple, which is made of 120 kilogramme gold. This temple built in Ramnagar, around 40 kilometres from Hyderabad, has several features.

First magnificent temple of saint of Sanatan tradition

So far such a huge temple has not been built for any saint of Sanatan tradition. Ramanujacharya Swami is the first saint whose statue has been put in such a significant scale. The construction of the temple commenced in 2014. The large statue of Ramanujacharya is made in China. The cost of which is roughly 400 crores. This is the largest statue constructed of Ashtadhatu. It has been included in the Guinness Book of World Records.

Who was Sant Ramanujacharya

Vaishnava saint Ramanujacharya was born in the year 1017. He was the creator of Vishishtadvaita Vedanta. He was born in Tamil Nadu and gained initiation from Alvar Yamunacharya in Kanchi. He gained initiation from a sannyasin named Yathiraj of Srirangam. He propagated Vedanta and Vaishnavism by going all throughout India.

He also produced many Sanskrit scriptures. Of these, Sribhashyam and Vedanta Sangrahalaya are his most famous texts. He died in 1137 at the age of 120. Ramanujacharya was the first saint who preached about devotion, meditation and maintaining Vedanta apart from caste restrictions. Ramanujacharya was the first to discourse about religion, salvation and equality in life.

China is building a ‘rocket’-like hypersonic plane

Ritika Kadiya
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0
China is building a ‘rocket’-like hypersonic plane

hypersonic plane: A Chinese company has announced the development of a hypersonic plane capable of flying from Beijing to New York in under an hour. The ‘Rocket with Wings’ aircraft is being designed by the company to fly at an incredible 7000 mph (11265 kmph). It is expected that testing will begin next year. Scientists anticipate that it will be able to fly by 2024. According to a report from Space.com, this futuristic plane is being developed by a space transportation company, according to The Sun. By the end of the decade, it is expected to be able to fly from one end to the other. The company has released a video in which the aircraft flying from the rocket wings can be seen in animation. The aircraft separates from the rocket-powered wings after takeoff and heads for its destination, while the wing and booster are returned to the launch pad.

It claims to be an hour from Beijing to New York.

The aircraft lands on its three front legs once it has arrived at its destination. According to the company, it will be able to connect New York and Beijing in just one hour. The company told Chinese media that it is working on a “winged rocket” for high-speed, point-to-point transportation. It will be less expensive than satellite-carrying rockets and faster than traditional planes.

China invested in hypersonic aircraft.

Hypersonic aircraft are a key component of China’s high-tech plans, with the country investing significant funds and resources in the field. Late last year, plans were revealed to build an aircraft capable of transporting ten people anywhere on the planet in under an hour. The proposed 148-foot hypersonic aircraft is larger than the Boeing 737 and has two engines mounted on top of its main body, according to the South China Morning Post.

Astronomers discovered 1.2 km long Trojan asteroid

Ritika Kadiya
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Astronomers discovered 1.2 km long Trojan asteroid

Trojan asteroid: An asteroid that has been revolving around the Sun with the Earth for thousands or millions of years has been discovered by astronomers. The Earth has a new space neighbour as a result of this discovery. ‘Trojan asteroid’ is the name given to this 1.2-kilometer-wide asteroid. It will continue to revolve around the Sun on the Earth’s path for at least 4,000 years, according to estimates.

Astronomers are ecstatic about the discovery, which was made with the help of a cutting-edge telescope in Chile. And he’s on the lookout for more asteroids like this.

2020 XL 5 is the name given to this Trojan asteroid. There isn’t a lot of information about it yet.

According to astronomers, it was previously assumed that the Earth revolved around the Sun alone in its orbit. Until now, this was correct. For thousands of years, however, this will not be the case. Because we, the people of the Earth, have a new neighbour. 2020 XL 5 is the name given to it. It’s a Trojan asteroid, to be precise. Until now, the people of the earth didn’t know much about it.

In its orbit around the Sun, this ‘Trojan Asteroid’, like the Earth, revolves around the Sun. Such asteroids are found in the region of Mars and Jupiter, but they are also present in such large numbers near Earth for the first time, according to new research.

The largest asteroid ever discovered

It’s the second ‘Trojan asteroid’ discovered in close proximity to Earth. Nature Communications was the first to report on the discovery.

It’s the second ‘Trojan asteroid’ discovered in close proximity to Earth. Nature Communications was the first to report on the discovery.

This asteroid is 60 degrees ahead of Earth in its orbit. It is the largest asteroid ever discovered, according to the University of Barcelona’s Institute of Cosmos Sciences. The discovery was published in the Nature Communications journal. There are ‘Trojan Asteroids’ on many planets in the Solar System, but this is the second one discovered near Earth.

Trojans in orbit around a planet are referred to as

‘Trojans are objects that share an orbit with a planet,’ says Arthur Cesar Brissano, the study’s lead author. Which are located in Lagrange point and are in sync with the planet’s orbit. The Lagrange point is the distance at which gravity’s effect on any object remains constant. The object becomes stationary as a result of this.

Hungarian PM expresses willingness to make gas deal with Russia amid Ukraine tensions

Ritika Kadiya
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Hungarian PM expresses willingness to make gas deal with Russia amid Ukraine tensions

During a meeting with Russian President Vladimir Putin in Moscow on Wednesday, Hungarian Prime Minister Viktor Orban lobbied for a deal for a large shipment of Russian natural gas amid Russian troops massing on Ukraine’s borders and fears of war.

Hungarian right-wing nationalist leader Viktor Orban said he had requested an extension of a 15-year gas contract with Russian energy company Gazprom during a press conference after meeting in the Kremlin (the central fortress of mediaeval Russian cities). In order to ensure large-scale distribution in the face of rising energy prices in Europe.

However, the two countries have yet to reach a formal agreement. Nonetheless, Orban’s request emphasises the two countries’ close economic and diplomatic ties. Despite being a member of the European Union and NATO, Hungary wants to strengthen its ties with Russia. The Hungarian offer of a deal has raised eyebrows in some European capitals, where Russia is viewed as a rogue state and a threat to the EU’s security as a whole.

Orban’s meeting with Putin on Wednesday was his 12th since taking power in Hungary in 2010, and it was Putin’s first with a Western leader since tensions erupted last year over a Russian troop gathering near Ukraine. It was the first time they had met in person. Hungary has remained silent on the Russian troops amassing on Ukraine’s eastern border. It’s worth noting that approximately one lakh Russian soldiers are camped on Ukraine’s borders.

During the meeting on Wednesday, however, Orban pressed for a diplomatic solution to de-escalate tensions with Ukraine, which have sparked fears of a Russian invasion. “I see my current visit as a peace mission as well,” Orban said.

Biden wants to appoint a seasoned diplomat as Ukraine’s envoy.

Despite the ongoing standoff between Ukraine and Russia, US President Joe Biden is hopeful of appointing a veteran diplomat as Ukraine’s envoy. According to a US official familiar with the decision, President Biden plans to nominate Bridget Brink, a Foreign Service officer, to be his ambassador to Ukraine.

Brink is the US Ambassador to Slovakia at the moment. When the US and its allies are on high alert and nearly a million Russian troops are stationed near Ukraine’s border, he will take over a long-vacant diplomatic post in Ukraine.

Union Budget 2022: US-India Forum praises Indian government

Ritika Kadiya
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Union Budget 2022: US-India Forum praises Indian government

Union Budget 2022: The Union Budget was released by the government on February 1st. At the same time, the US-India Strategic Partnership Forum praised Finance Minister Nirmala Sitharaman and the Indian government for releasing the Union Budget. According to the Forum, the government’s budget will boost development efforts.

Mukesh Aghi, President and CEO of the USISPF, spoke at the event and stated that the government has adhered to the first principle that no one should be harmed. In light of the upcoming state elections, there was a lot of pressure on the government to do more. Furthermore, there will be no major policy changes, which is beneficial in the current situation. This is what I refer to as a measurable and practical budget.

Speaking of the strong infrastructure, Aghi said that a 35 percent increase in the capital expenditure budget is encouraging. It will expand business and be aided by infrastructure investments that will help to create more jobs.

He stated, “This budget shows a credible path, and we appreciate the government’s stable policy to revive and continue the Indian economy’s growth trajectory.” Along with this, he discussed the Make in India initiative. India is also well-connected to lead the fight against climate change, according to the report.

IPL 2022 Auction: Raina and Uthappa in base price of 2 crores

Ritika Kadiya
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0
IPL 2022 Auction: Raina and Uthappa in base price of 2 crores

IPL 2022 Auction: On February 12 and 13, the players’ auction for the 15th season of the IPL will take place. A total of 590 players from all over the world have been selected for this. Players have signed up for a variety of base prices. 28 come from a capped country, 355 from an uncapped country, and 7 from an associate country. In the top base price of Rs 2 crore, there are 48 players. Following that, 20 players have registered for a base price of Rs 1.5 crore and 34 players have registered for a base price of Rs 1 crore.

The BCCI has put ten cricketers on the list of marquee players for a base price of two crores. The most well-known players will be the first to make a bid. Shreyas Iyer, David Warner, Shikhar Dhawan, Mohammed Shami, Faf du Plessis, Pat Cummins, Ravichandran Ashwin, Quinton de Kock, Kagiso Rabada, and Trent Boult are among the players on the list.

Three ex-experienced Chennai players are available for a base price of 2 crores.

Suresh Raina, who played for Chennai Super Kings, was bought for a top base price of two crores. Raina has scored the fourth most runs in IPL history. In 205 matches, he has scored 5528 runs in 200 innings. This list also includes Robin Uthappa and Ambati Rayudu, in addition to Raina. Last season, Uthappa and Rayudu were also part of the Chennai team.

Budget Session 2022: There is a possibility of uproar over Pegasus issue in Lok Sabha today

Ritika Kadiya
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Budget Session 2022: There is a possibility of uproar over Pegasus issue in Lok Sabha today

On Wednesday, the Lok Sabha will begin debating the Motion of Thanks on the President’s Address. On behalf of the opposition, Congress MP Rahul Gandhi will speak first. They could take up the much-discussed Pegasus case. There’s a chance this will cause a ruckus.

In the Lok Sabha, the Opposition has been given 12 hours to debate the Motion of Thanks. Congress has one hour to spend on this. On behalf of the opposition parties, Rahul Gandhi will open the debate. They can bring up the President’s address, the budget, and the Israeli company’s purchase of Pegasus spyware. This is a point of contention between the ruling party and the opposition.

Rahul says he has a “zero sum budget.”

When reporters asked Rahul Gandhi about his reaction to the budget on Tuesday, he said he would keep his point of view in the House. Previously, he had referred to the budget as a “zero-sum budget” on Twitter. ‘Zer0 even budget of M0di G0 government!’ he tweeted. There is nothing for the salaried class, the middle class, the poor, and the deprived-youth-farmers-MSMEs.’

Outside Parliament, the Youth Congress will stage a protest.

While Rahul Gandhi speaks in the Lok Sabha, Youth Congress members will stage a protest outside the building to draw media and public attention to the issue. For this, Congress has dispatched its youth leaders.

PM Modi will be able to respond on Monday.

Prime Minister Narendra Modi is expected to respond to the Motion of Thanks on the Address in both the Lok Sabha and the Rajya Sabha on Monday and Tuesday, respectively. President Ram Nath Kovind addressed the joint session of Parliament on Monday, the first day of the budget session. After Finance Minister Nirmala Sitharaman presented the Union Budget for the fiscal year 2022-23 on Tuesday, the proceedings were adjourned until Wednesday.

IND vs AUS U19 WC Semi-Final: Team India will reach the final for the fourth time in a row

Ritika Kadiya
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IND vs AUS U19 WC Semi-Final: Team India will reach the final for the fourth time in a row

In the ICC Under-19 World Cup 2022, the Indian team continues to shine. After defeating defending champions Bangladesh by five wickets in the quarter-final match, India qualified for the semi-finals. On Wednesday, India will face Australia in the semi-finals. Team India, a four-time champion, finished second last season (2020). At the same time, Australia has three times won the Under-19 World Cup. A fierce competition between the two can be seen in such a situation.

For the fourth time in a row, India has reached the semi-finals.

Team India has now advanced to the semi-finals for the fourth time in a row. The team had previously advanced to the finals of the Under-19 World Cups in 2016, 2018, and 2020. India also won the World Cup in 2018, after losing in the finals in 2016 and 2020.

Team India has won all four matches so far.

Team India has won all four of its matches so far, despite being hampered by Kovid-19. While the team cruised through the group stage, defeating South Africa, Ireland, and Uganda, the Indian batsmen struggled against Bangladesh in the quarter-finals. However, the team was led to victory by Angkrish Raghuvanshi and Yash Dhul, who were both in excellent form. In bowling, Team India has not taken a break.

The likes of Rajvardhan Hungargekar, Raj Bawa, Ravi Kumar, Vicky Ostwal, and Kaushal Tambe are in top form. The Indian team now hopes to reach the final for the fourth consecutive year by defeating Australia and continuing their winning streak.

Mobile Phone Tips: If the mobile phone is lost or stolen, then do these things first

Ritika Kadiya
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0
Mobile Phone Tips: If the mobile phone is lost or stolen, then do these things first

Mobile Phone Tips: In today’s world, the mobile phone has become an integral part of our lives. Today, everyone, whether a school-aged child or an adult, requires a smartphone in order to complete their tasks. In addition, this single device has carried numerous items. People keep personal data and banking information secure in their mobile devices. If your phone is lost or stolen in this situation, you could be in a lot of trouble. You should take some important steps to avoid this. Although getting your phone back is difficult, you can minimise the loss by completing this task on time. Because everyone’s bank information is saved on their phone, you’ll need to do some important work to avoid online fraud. Let’s see…

SIM-card blockage

If you lose your phone, the first thing you should do is block your SIM card. Failure to do so may result in your phone number being misused. By contacting the telecom operator, you can have the SIM card blocked.

Many things are linked to your phone number, including your debit and credit cards. This is why, if the SIM card is not blocked in a timely manner, your account will quickly become depleted.

disable access to your mobile wallet

Using your mobile device to access your account is very simple. Along with blocking the SIM card, you should also block access to your phone’s mobile wallets, such as Paytm and PhonePe.

The CEIR portal will be beneficial.

Aside from that, the Central Equipment Identity Register (CEIR) portal can be used to block a stolen or lost phone. In addition, the phone can be tracked with its assistance.

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