Author: News Desk

New Delhi, India:  The Reserve Bank of India (RBI) has announced that the country will launch the first pilot project for retail Digital Currency on 1st December, extending the test to evaluate the production and distribution of the e-Rupee in the South Asian market with a selected group of customers and merchants. The introduction of Digital Currency in India is expected to be implemented without disrupting the existing financial system. The country’s official Digital Currency, e-Rupee, will be implemented on a trial basis. RBI also informed that four local banks, State Bank of India, ICICI Bank, Yes Bank and IDFC,…

Massachusetts: Lecanemab, the drug which is designed to target and clear amyloid, has become the first drug to slow the destruction of the brain in Alzheimer’s disease. The new drug has been hailed as a major breakthrough in Alzheimer’s treatment, soon after it was found to reduce memory loss in patients in the early stages of the disease. Lecanemab is a synthetic antibody, which is similar to those the body produces to fight germs or viruses, that stimulates the immune system to remove amyloid from the brain. According to Professor John Hardy, group leader at the UK Dementia Research Institute…

New South Wales, Australia: The New South Wales government has been forced to cancel more than $30 million in fines for violations of COVID-era public health guidelines after recognizing that they were imprecise. The decision was made in a case before the Supreme Court, which argued that two fines issued during 2021 lockdown were invalid because the cases did not adequately describe the alleged offence. Revenue NSW, the Administrative Division for collecting taxes in NSW, declared that it had cancelled some 33,000 COVID-era fines, about half of the total penalties imposed by police for violations of the public health guidelines…

United States: Twitter’s new owner, Mr. Elon Musk has alleged that Apple threatened Twitter with removing the app from the App Store without specifying the reason. According to Mr. Musk, Apple put pressure on Twitter to comply with its demands for content regulation. The CEO of Twitter also revealed the potential App Store ban in a series of tweets on 28th November. Apple has also threatened to withhold Twitter from its App Store, but won’t tell us why. Mr. Elon Musk tweeted. Tweets and Mr. Musk’s statements suggest that the reason Apple is allegedly threatening to “withhold” Twitter from the…

Hawaii, US: The largest active Volcano in the world, Mauna Loa in Hawaii, has erupted for the first time in nearly 4 decades causing volcanic ash and debris to fall nearby. The US Geological Survey issued a report about 15 minutes after the eruption in Hawaii Volcanoes National Park, declaring that the flow of lava was contained inside Mauna Loa’s summit but that the eruption could become dangerous if the weather changed. “At this time, lava flows are contained within the summit area and are not threatening downslope communities,” the Geological Survey noted on its website. The Authorities warn that…

Qatar: The head of Qatar’s World Cup Organizing Committee Mr. Hassan al-Thawadi made a statement that OneLove armband supporters are allegedly sending a “very divisive message” to the Islamic and Arab worlds. Mr. Thawadi, Supreme World Cup Committee for delivery and legacy secretary general, made his remarks in response to the British Sports Minister Mr. Stuart Andrew’s announcement that he would wear the rainbow Armband for England vs. Wales match on November 30th. The gay Conservative frontbencher argued that FIFA’s last-minute threat of sporting sanctions against 7 European teams who had intended to wear the anti-discrimination emblem in Qatar, compelling…

California, US: The Irish Data Authority fined Facebook’s owner $275 million following a breach that resulted in the details of more than 500 million users being published online. The Data Protection Commission (DPC) claimed Meta had violated two provisions of the EU’s data protection rules after scraping information from global Facebook users’ public profiles in 2018 and 2019. The data was exposed on a hacking website last year, prompting a prob by the DPC, which regulates Meta across the EU. The watchdog stated that a “substantial” portion of the users was from the EU. The Authority “imposed a reprimand and…

United States: Thousands of flights were delayed and hundreds were canceled across the United States as inclement weather hampered travel on one of the busiest holiday travel weekends of the year. According to Authorities, there have been 6,027 flights into, out of, or within the US that has been delayed, and 171 US planes have been cancelled. A major storm system has moved from the Mississippi River Valley towards the Northeast, bringing with it a lot of rain and strong winds. Millions of travellers from the Midwest to the Northeast and all the way down to the Southeast were impacted…

California, US: The Governing body of American soccer temporarily removed the Islamic Republic of Iran’s symbol from the Iranian flag and posted it on social media in an act of solidarity with protesters. The graphic, which was published on the United States Soccer Federation’s (USSF) official Facebook, Instagram, and Twitter accounts, has now been removed. Iran, however, claims that this is not enough and has demanded that America withdraw from the Football World Cup. The Islamic Republic’s Flag has 3 red, white, and green horizontal bands with the word “Allah” scripted in the middle. According to a statement from the…

New York, US: The veteran American Singer-Songwriter Mr. Bob Dylan has apologized for the controversy around signed copies of his new book, stating that “using a machine was an error in judgment”. Earlier this week, Publishing Company Simon & Schuster confessed that “hand-signed” copies of Mr. Bob Dylan’s new book, The Philosophy of Modern Song, were in fact printed with an autopen technology, which employs a machine to automatically replicate a person’s signature. Early in November, a limited edition of 900 “hand-signed” volumes of the book containing the legendary singer-songwriter’s commentary on songs by other artists was made available for purchase…