marketing-with-diksha

[marketing-with-diksha]

🌏 India and China Move Towards Consensus: A Diplomatic Breakthrough?

The recent meeting between India's National Security Advisor Ajit Doval and China’s top diplomat Wang Yi marks a significant step forward in easing tensions between the two neighboring giants. The two leaders reportedly agreed on six points of consensus aimed at resolving ongoing disputes and creating a mutually acceptable "package" to stabilize relations.

🤝 What Are the Key Points?

1️⃣ Stabilizing Border Areas: Acknowledging the sensitive nature of the Line of Actual Control (LAC), both nations agreed to enhance dialogue and maintain peace to prevent escalations.

2️⃣ Resuming Diplomatic Engagement: The leaders emphasized restoring communication channels across military and diplomatic levels.

3️⃣ Economic Cooperation: Despite differences, both sides see potential in economic synergy, exploring ways to enhance trade and investments.

4️⃣ Cultural Ties: Promoting people-to-people exchanges to foster trust and understanding.

5️⃣ Regional Stability: Aligning their positions on key regional and global issues to ensure a cooperative Asia-Pacific strategy.

6️⃣ Acceptable Package Agreement: Laying groundwork for a larger resolution that addresses core disputes.

💡 What Does This Mean?

While these developments are promising, implementing such agreements will require political will and trust—two factors historically in short supply between India and China. The challenge lies in translating consensus into concrete action, particularly given the lingering tensions from past border clashes.

🔍 The Bigger Picture

As two of the world’s largest economies and nuclear powers, India and China hold immense influence in shaping Asia’s future. These discussions represent not only a diplomatic necessity but also a strategic opportunity to reduce friction and pursue shared goals on climate change, global trade, and regional stability.

💭 Will This Consensus Last?

Skepticism is natural given the history of strained ties. However, every step toward dialogue is a step away from conflict. Let’s hope this marks the beginning of a sustainable partnership that benefits not just these two nations, but the entire region.

[marketing-with-diksha]

🌊 Tragedy Strikes in Mumbai Waters 🌊

A routine ferry ride turned into a nightmare as a collision between a passenger ferry and a naval craft left a man and a child missing off the Mumbai coast. 💔 The incident has cast a shadow over the city, raising questions about maritime safety and the need for stricter protocols.

🔍 What Happened? The accident occurred when a ferry carrying passengers collided with a naval craft near the Mumbai harbor. While several passengers were rescued, the search for the missing continues, with divers and rescue teams working tirelessly to locate them.

⚠️ Why This Matters

Safety Concerns: The tragedy highlights the urgent need for enhanced safety measures and better coordination between civilian and naval vessels.

Human Lives at Stake: Behind every statistic is a family waiting anxiously for news. Their pain reminds us of the fragility of life.

💭 A Moment for Reflection As the city watches this heartbreaking story unfold, it’s a stark reminder of how critical safety is, whether on land or sea. Let’s hope for better regulations and, above all, a miracle for those still missing.

[marketing-with-diksha]

The Tragic Story of Atul Subhash: A Call for Legal Reforms and Justice ⚖️🕊️

The untimely demise of Bengaluru techie Atul Subhash has cast a harsh spotlight on the complexities of matrimonial disputes and alleged misuse of legal provisions. The 34-year-old software engineer left behind a detailed suicide note and a video accusing his estranged wife, Nikita Singhania, and her family of harassment through false cases, which he claimed drove him to take his life.

Following the tragic incident, Nikita Singhania and two family members were arrested by Bengaluru Police from Haryana and Uttar Pradesh and have been remanded to 14 days of judicial custody. The case has ignited intense debate on social media, with calls for stricter checks against the misuse of dowry and domestic violence laws.

An FIR has been lodged under Sections 108 (abetment of suicide) and 3(5) (common intention to commit a criminal act) of the Bharatiya Nyaya Sanhita, 2023. The family court battles over divorce, alimony, and child custody in Uttar Pradesh further reveal the emotional toll of unresolved disputes.

Adding to the discourse, a public interest litigation (PIL) filed in the Supreme Court demands guidelines to prevent potential misuse of these laws. This case is a grim reminder of the need to balance protections for genuine victims with safeguards against exploitation of legal systems.

[marketing-with-diksha]

US Inflation at 2.7% Sparks Crypto Rally Hopes

The latest Consumer Price Index (CPI) data released by the U.S. Labor Department shows inflation inching up to 2.7% in November, aligning with market expectations. The report has sparked optimism across financial markets, including Bitcoin (BTC) and altcoins, which are poised for potential rallies.

Key Highlights from the CPI Report

Headline Inflation: Rose to 2.7% in November from 2.6% in October, with a monthly increase of 0.3%.

Core Inflation: Excluding food and energy, remained steady at 3.3%, unchanged from the previous month.

The data suggests stability in inflation trends and aligns with expectations of a potential Federal Reserve rate cut during its upcoming meeting next week. The CME FedWatch Tool indicates a 97% probability of a 25-basis-point cut, fueling further market optimism.

Impact on the Crypto Market

Bitcoin Performance: Trading near $98,600, up 1% on the day, with a high of $98,889.80 recorded in the last 24 hours.

Altcoin Surge: Cryptocurrencies like Ethereum, XRP, and Solana showed significant gains, signaling growing investor confidence.

Sentiment: The Crypto Fear and Greed Index sits at 73, reflecting a "greed" sentiment.

The crypto market, despite its volatility earlier this week, appears to be gaining momentum. A rate cut by the Federal Reserve could further bolster the rally, potentially driving BTC and altcoins to new highs.

Outlook and Upcoming Data

Market participants are closely monitoring the upcoming Producer Price Index (PPI) data, which could provide additional clarity on the Federal Reserve's next steps. Meanwhile, the broader financial market has shown mixed reactions, with the 10-year U.S. Bond Yield rising to 4.228% and the Dollar Index declining to $106.020.

Conclusion

With inflation data aligning with expectations and hopes of a rate cut, the crypto market is set for a potential rally. Bitcoin and other cryptocurrencies are poised to benefit from these developments, making the coming days critical for traders and investors alike.

To read more in-depth articles on new world news.

[marketing-with-diksha]

Why HEG and Graphite India Shares Are Rising?

China's Ministry of Commerce banned the export of critical chip-making materials to the US, including graphite, citing military use concerns.

Stock Performance:

HEG shares surged 14%, hitting a 52-week high.

Graphite India shares rose by 7.5%, with bullish momentum expected to continue.

China's export restrictions are expected to benefit Indian graphite companies as global demand shifts. Analysts suggest holding positions and treating dips as buying opportunities. Resistance levels: HEG (₹600), Graphite India (₹640-660).

Vedanta and Tata Technologies may also gain from the ongoing China-US trade tensions, read more...

[marketing-with-diksha]

Crypto Trading Surpasses Stock Market in South Korea

South Korea's cryptocurrency trading volume reached $18 billion on December 2, surpassing stock market trading by 22%, as reported by 10x Research.

Despite the crypto surge, South Korea’s stock market saw its largest foreign fund inflow in three months, with $385 million invested in Kospi Index shares, driving a 1.9% gain in the index.

XRP led the crypto trading with $6.3 billion in inflow, followed by DOGE ($1.6 billion) and XLM ($1.3 billion). Altcoins like Ethereum Name Service (ENS) and HBAR also showed significant trading activity.

XRP reached a yearly high of $2.80 and became the third-largest cryptocurrency, surpassing Tether. Altcoins dominate the market with CoinMarketCap’s Altcoin Season Index showing an 83% dominance, while Bitcoin funding rates remain steady at 15%, Read More…

[marketing-with-diksha]

Analyst warns of ‘leverage driven pump’ as XRP price soars

XRP’s recent 16.4% price surge to $1.72 is attributed to leverage-driven trading, with analysts warning of a potential correction.

XRP rose 232% in the past 30 days, outperforming the crypto market's average return of 57.3%. XRP's rally started after Trump’s election victory and crypto-friendly stance, sparking optimism among investors.

XRP's price spiked 35% to $1.60 after SEC Chair Gary Gensler announced his resignation, as his tenure included strict regulatory actions against crypto firms, including Ripple. The ongoing Ripple-SEC lawsuit may favor XRP under Trump’s administration, potentially discarding XRP as a security in the US.

Ripple recently invested in Bitwise’s XRP fund and launched the first tokenized money market fund on its XRP Ledger, driving further optimism Read More… 

[marketing-with-diksha]

Crypto Exchange XT Is Hacked for $1.7M

Cryptocurrency exchange #XT has been hacked, with losses totaling $1.7 million, according to blockchain security firm PeckShield. The stolen funds were converted into #Ethereum(ETH) and moved to a new wallet on the blockchain.

#XT addressed the incident on X (formerly Twitter), assuring users that their assets are safe. The platform stated it keeps reserves 1.5 times greater than user holdings to ensure security. #CoinGecko data indicates the Seychelles-based exchange holds $47.7 million in reserves and reported a trading volume of $3.3 billion in the past 24 hours.

This breach is part of a recent trend of attacks on cryptocurrency exchanges. For example, in September, #BingX and #Indodax lost $43 million and $22 million, respectively, to similar hacks.

[marketing-with-diksha]

SunCrypto present "Refer & Earn Program", participate and win amazing rewards.

Hurry offer is for a limited period, visit the link to check the prices of each crypto.

[marketing-with-diksha]

Sri Lanka parliamentary poll: Ruling NPP heading with absolute majority in position.

With more than 70% of the vote, the NPP easily won in Galle, the provincial capital in the south, in the only polling division result that has been made public thus far.

President Anura Kumara Dissanayake’s ruling National People's Power party is expected to win a landslide victory in Thursday's (November 14, 2024) Sri Lankan parliamentary election.

By 6 a.m. local time on Friday, November 15, 2024, the NPP had nearly 62% of the national vote, or more than 4.4 million votes. According to district-based proportional representation, they have won 35 of the 196 seats available.

With more than 70% of the vote, the NPP easily won in Galle, the provincial capital in the south, in the only polling division result that has been made public thus far.

For a simple majority in the 225-member House, the ruling National People's Power [NPP] alliance, which only held three seats in the previous Parliament, needs to secure 113 votes. Up to 196 MPs are chosen directly by voters, while the other 29 members of the House are selected from a "national list" that distributes seats to parties according to their percentage of the vote under Sri Lanka's proportional representation system. Read More…

[marketing-with-diksha]

List of Top 3 NIT in India

According to the National Institutional Ranking Framework (NIRF) 2024, the top three NITs in India are:

NIT Trichy: Ranked 9th in the NIRF 2024

NIT Surathkal: Ranked 17th in the NIRF 2024

NIT Rourkela: Ranked 19th in the NIRF 2024 

The NIRF ranks NITs annually based on parameters such as teaching, research, graduation outcomes, and perception. 

Other popular NITs include: NIT Warangal, NIT Karnataka, and NIT Calicut. 

NITs offer undergraduate and graduate degree programs in engineering, architecture, management, and science. They are known for producing some of the best engineers and scientists in India. The standard exam for all NIT colleges in India is JEE Main. 

National Institute of Technology (NIT) Trichy

NIT Trichy, located in Tamil Nadu, is one of India’s top-ranked engineering institutions, established in 1964. Known for its excellence in engineering, technology, and management education, it offers a wide range of undergraduate, postgraduate, and doctoral programs.

National Institute of Technology (NIT) Surathkal

Founded in 1960, NIT Surathkal is located in the coastal city of Mangalore, Karnataka. It is widely recognized for its engineering programs and research contributions in fields like computer science, mechanical, and civil engineering. 

National Institute of Technology (NIT) Rourkela

Established in 1961 in Odisha, NIT Rourkela is another prestigious engineering institute known for its focus on research and innovation. It offers a variety of undergraduate, postgraduate, and doctoral programs across engineering, science, and management disciplines.

Read More…..

[marketing-with-diksha]

Record levels of stablecoin liquidity may have sparked the price rise of Bitcoin.

Stablecoin pairs account for the majority of cryptocurrency spot and futures trading, and a rise in these pairs suggests that capital is waiting for favourable catalysts.

Before price changes in previous cycles, the stablecoin market capitalization has steadily increased to $169 billion, led by USDT and USDC.

There is evidence that there is a positive correlation between rising Bitcoin prices and increased stablecoin balances, as shown by the significant 146% increase in USDT on exchanges since January 2023.

On the Bitcoin network, both on-chain volume and large, or "whale," transactions have significantly increased.

A record number of dollar-backed stablecoins and an increase in large bitcoin (BTC) transactions could lay the groundwork for a broader BTC rally in the coming weeks to maintain the asset's bullish October seasonality.

According to CryptoQuant data, stablecoin liquidity reached a record $169 billion at the end of September, representing a 31% increase year-to-date.

Circle's USDC, whose market cap increased by $11 billion to $36 billion, and Tether's USDT, whose market cap increased by $28 billion to nearly $120 billion, continue to hold the majority of the market.

By being linked to a reference asset like the United States dollar, a commodity like gold, or another cryptocurrency, a type of cryptocurrency known as a stablecoin is designed to maintain price stability.

It is anticipated that a reserve of equivalent fiat currency will be used to back each stablecoin. An increase in the supply of stablecoins corresponds to an increase in the amount of actual fiat currency deposited into the crypto ecosystem because stablecoins are typically issued against deposits of fiat currency.

Stablecoin pairs account for the vast majority of cryptocurrency spot and futures trading. The increased liquidity of stablecoins suggests that dry powder for crypto purchases may be available.

Rising bitcoin prices are to blame for the 20% increase in the number of stablecoins held on cryptocurrency exchanges this year and in the past.

According to CryptoQuant's head of exploration Julio Moreno, "greater equilibriums of stablecoins on trades are associated with higher bitcoin and crypto costs." Since January 2023, when the current bull cycle officially began, the total amount of USDT (ERC20) on exchanges has increased by 146%.

Moreno asserts that "remarkably, these balances have grown by 20%, even as Bitcoin's price has remained unchanged."

Since the beginning of October, the data indicate that Bitcoin has lost more than 6% of its value. Since 2013, when it had gains of as much as 60% and an average of 22%, it was the best investment vehicle, this month is the first to end in the red. Since 2013, Bitcoin has only been in the red once. Bitcoin has lost more than 6% of its value since October 1st.

Prices typically rise by up to 16% after October 15, probably due to the availability of stablecoin liquidity. The general monetary and cryptocurrency policies of the next four years may be impacted by the upcoming presidential election in the United States.

Please feel free to follow me on LinkedIn if you want to read more informative articles on a variety of topics. Keep up with updates and accurate information!