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kikusharma9001 · 6 months

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What caused the stock market to crash?

Economic downturns: Economic recessions or contractions can lead to reduced consumer spending, lower corporate profits, and overall pessimism in the markets. For example, the global financial crisis of 2008 was triggered by the collapse of the housing market and subsequent banking crisis.

Financial crises: Financial crises, such as banking failures, credit crunches, or sovereign debt crises, can severely disrupt financial markets and investor confidence. Events like the Asian financial crisis in 1997 or the European debt crisis in 2010-2012 caused significant volatility in global stock markets.

Speculative bubbles: Speculative bubbles occur when asset prices become detached from their intrinsic values due to irrational exuberance and investor speculation. When the bubble bursts, prices can plummet rapidly, leading to a market crash. Examples include the dot-com bubble in the early 2000s and the cryptocurrency bubble in 2017-2018.

Black swan events: Unforeseen and unpredictable events, often referred to as black swan events, can trigger sudden market crashes. These events can include natural disasters, geopolitical tensions, terrorist attacks, or unexpected political developments. For example, the terrorist attacks on September 11, 2001, led to a significant decline in global stock markets.

Global pandemics: Health crises, such as pandemics, can have a profound impact on economic activity and financial markets. The outbreak of COVID-19 in early 2020 led to widespread market sell-offs and a sharp decline in stock prices as investors reacted to the uncertainty and potential economic damage caused by the pandemic.

Monetary policy changes: Changes in monetary policy, such as interest rate hikes by central banks, can influence borrowing costs, consumer spending, and corporate profitability, which in turn can affect stock prices. For instance, the Federal Reserve's tightening of monetary policy in response to inflation concerns can lead to market downturns.

Technological disruptions: Technological advancements or disruptions can also impact stock markets by reshaping industries, altering business models, and affecting investor sentiment. For example, the rise of online retailing has significantly impacted traditional brick-and-mortar retailers, leading to market volatility in the retail sector.

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Overall, stock market crashes are often the result of a combination of factors, including economic conditions, market psychology, geopolitical events, and policy changes. While it's challenging to predict precisely when and why crashes will occur, investors can mitigate risks through diversification, prudent risk management, and maintaining a long-term investment perspective.

#investing stocks #stock market

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lokeshkumarjangid · 9 months

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Lokesh Kumar Jangid Wiki, Wikipedia, IAS Officer, Rank, Age, Wife Name

Lokesh Kumar Jangid secured 68th rank in UPSC in India in 2014 and became an IAS officer. Currently working as Additional Collector in Badwani district of Madhya Pradesh. He did his B.Tech. in Computer Science from SGGS Institute of Engineering & Technology, Nanded (Maharashtra).

Lokesh Kumar Jangid Bio

Lokesh Kumar Jangid: Early Life & Family Details

Lokesh's grandparents and parents originally lived in a village in Nagaur district of Rajasthan. For livelihood, grandfather Madanlal ji Jangid migrated to Maharashtra in 1952 and his family migrated to Maharashtra in 1986 when Lokesh was just four months old. His grandfather was a carpenter by profession and used to go to hamlets in Jintur taluka in Parbhani district in Maharashtra to make wooden doors, wooden ceilings, other furniture.

Lokesh's father Late Ramchandra was contributing to the family work but he unfortunately died in an accident in 1993 and the Jangid family faced a great crisis. Lokesh was seven years old at that time. After that, Lokesh and his siblings were brought up by their grandfather and paternal uncle, his mother being a homemaker.

By dint of his hard work, his grandfather then settled in the district headquarters Parbhani and started his own saw mill there. Lokesh's uncle Ashok Kumar and his younger brother run a plywood business today at the same place.

Lokesh Kumar Jangid: Educational Journey

Lokesh studied till 10th at Model English School, Parbhani and did his 11th and 12th at Bal Vidya Mandir Junior College in Parbhani. Lokesh imbibed the habit of reading newspapers from his grandfather in his childhood. As an English medium student, when he was learning Barahkhadi at school, Lokesh used to read Hindi newspaper fluently because his grandfather had already taught him ‘Devanagari’ at home before Hindi and Marathi were introduced in the school.

Lokesh used to be good at academics and extra-curricular activities right from his school life. He stood third in Maharashtra in the state level science fair in class 9 and represented the state at the national level twice in science fairs. Also, he used to actively participate in essay competitions and oratory competitions. On the birthday and death anniversaries of national heroes and great leaders, he used to deliver speeches in every programme in the school. Overall, the foundation was laid in the school life itself. While studying engineering, too, he used to actively participate in extra-curricular events. He was President of college’s National Service Scheme (NSS) Chapter. Many programs such as digital literacy campaign, rural technology transfer etc were carried out in the village adjacent to the college.

Fascinated with Sociology during civils preparation, he joined full-time Masters programme in Sociology at JNU Delhi. He says he enjoyed Sociology much more than his engineering subjects, and he had not got selected for UPSC, would have possibly continued with a career in academics with Sociology discipline.

Lokesh Kumar Jangid: Inspiration to Become IAS Officer

Lokesh gives all the credit to his grandfather who is his inspiration. Lokesh's grandfather used to read newspapers from his youth despite being a carpenter. From the first election to the Parliament since 1952 till his last, he keenly followed the political affairs of all the states. He used to give money to Lokesh to buy magazines from Rly station outlet since the time Lokesh was in 7th class.

Lokesh used to watch Doordarshan news, debates of Rajya Sabha and Lok Sabha on television along with his grandfather. This is how he started following current affairs and politics, and the interest in civil service general studies was kindled.

Based on this, he felt he could make a difference in the system by joining IAS. Though he was fascinated by politics, he knew he couldn’t make it there because of various constraints. So he thought of civil services as the next best option to impact things on a larger scale.

Lokesh Kumar Jangid: Preparing for UPSC Exam

Having started reading newspaper keenly from his early school years, and then magazines like CSR, India Today, Outlook, preparation had already taken off unknowingly. Thereafter, in the library of his engineering college, he regularly read more magazines, including ones like ‘Yojana’ and ‘Kurukshetra’. He got selected for Tata Consultancy Services (TCS) during campus placement when he was in his third year of engineering. But he chose not to join TCS as he felt his calling was something different than a corporate job. So, after completing engineering in 2008, he headed straight to Delhi to prepare for UPSC full-time.

Lokesh's uncle Ashok Jangid fully funded Lokesh's education including the hefty fee for the UPSC coaching in Delhi. “Don't you worry about financials or the TCS job, I am with you, just focus on UPSC if you feel that is your dream”, supported him and never let him feel the absence of his father , moral support wise or financially.

Lokesh Kumar Jangid: Succeeding in UPSC at the First Attempt

Lokesh got All India Rank 910 in UPSC first attempt in 2009 exam based on reserve list. He got his first posting in Lakshadweep islands under DANICS (Delhi, Andaman and Nicobar and Lakshadweep Islands Civil Service).

Lokesh Kumar Jangid: Continuing His Dream of Achieving IAS Officer Rank

He continued his UPSC preparation by working in the remote islands of Lakshadweep. In his second and third attempts, he couldn’t make it. By the time the fourth attempt was underway, the pattern of the civil services exam had changed completely, with introduction of more subjects and papers in general studies in the Mains exam. In Lakshadweep, newspapers came only once in a fortnight by ship from Kochi but basic internet facility was available. So without any coaching, test series or new material, he continued the preparation by using the material available online and went to Delhi only to write the UPSC main exam. Prepared for interview at Lakshadweep and secured 68th rank in country in CSE 2014.

Lokesh Kumar Jangid: Journey as an IAS Officer

Got MP cadre in the IAS and after one-year training at Lal Bahadur Shastri National Academy of Administration in Mussoorie, joined as Assistant Collector at Sehore in Madhya Pradesh.

After completion of training at LBSNAA, he was then posted as Assistant Secretary in the Ministry of Panchayat Raj, Govt of India, for three months to familiarise himself with the policy processes of the Government of India. In 2016, he was appointed as SDM in Vijaypur tehsil of Sheopur district of Madhya Pradesh and started working directly in the field. After that he was posted as CEO Zila Parishad in Harda district. And post that, he joined as Additional Mission Director at Rajya Shiksha Kendra in Bhopal. He focused on improving the learning outcomes of children, especially in foundational literacy and numeracy (FLN) grades, and launched a dedicated fellowship programme for NIPUN Bharat. He also had a stint as Additional Collector Guna in Covid first wave, and as Additional Collector in Badwani district during Covid second wave and there too he took charge of everything from monitoring continuous oxygen supplies 24*7 to making new covid care centres to collaborating with pvt hospitals for Ayushman and the successful vaccination campaign by removing the misgivings that the tribal population had about ill effects of vaccination.

Lokesh Kumar Jangid: Serving People Remarkably, Earning Praises & Awards for His Work

When Lokesh SDM in Sheopur district in Madhya Pradesh, primitive tribal group Saharia tribe was predominant in the region. Lokesh noticed that the education and the status of healthcare facilities was very poor in the sub-division. In order to improve the learning outcomes of primary school students, a very extensive initiative 'Padho Vijaypur' was implemented in collaboration with the Pratham organization, which directly benefited thousands of students who started reading the texts and teachers also became more involved in teaching. After the success of Lokesh's project, the Madhya Pradesh government named this experiment 'Dakshata Unnayan' and implemented this initiative in all the districts of the state. To improve the basic infra in the healthcare facility CHC, funding was raised through the Rogi Kalyan Samiti and health infra was enhanced along with providing better services.

When he was the CEO Zila Parishad in Harda , he carried out remarkable work in water conservation using MNREGA, building and repairing ponds all across the district. Furthermore, Roof water harvesting was done on a large scale in all govt buildings in the district due to which the groundwater level increased. Lokesh received an award from the Union Ministry of Jal Shakti, Government of India for his performance in Harda's Swachh Bharat Mission.

As Additional Collector in Badwani district, he tackled the Corona crisis at the earliest by working for availability of oxygen, setting up oxygen plant, conversion of private hospitals into covid centers, free treatment of patients under Ayushman Bharat Yojana. Barwani was the first district in the state where the positivity rate came down from 40% to 0.5% and the number of patients came down to single digit.

Lokesh Kumar Jangid: IAS Officer Reaching Out to the Masses

Many videos have gone viral on social media regarding Lokesh's work for people and with the people. 'Padho Vijaypur' https://www.youtube.com/watch?v=ON2_g_O29-Y&t=11s show how Lokesh’s visit to the primary school in tribal village Bagcha in Sheopur and his interaction with the students led to an intensive training program on basic reading and mathematics for all the schools under 'CaMAL' pedagogy of Pratham organization . As a result, children's attendance and learning levels improved significantly.

Another such video went viral during his work in Covid second wave in Badwani district - https://www.youtube.com/watch?v=JNF6O5iSzsU - An IAS officer touring tribal villages having no roads on his bike and where no officer had reached before. He got people’s ground feedback about availability of drinking water, ration, medical facilities and made people aware about benefits of corona vaccine. Also, he came forward to counsel officials in the district who faced depression during Corona.

Lokesh Kumar Jangid: Daily Routine & Hobbies

Lokesh works out for an hour every morning and walks in the evening to maintain physical and mental wellbeing. Lokesh likes traveling. He is also fond of Urdu poetry and listens to ghazals. He likes to read non-fiction whenever time permits.

Lokesh Kumar Jangid: Wife – An Achiever in Herself

His wife Divya Sharma is a classical vocalist. She is trained under the guidance of Padma Vibhushan Pandit Rajan & Sajan Mishra.

Lokesh Kumar Jangid: Message for Students

Civil services is a great opportunity for those who want and love to work for society and country. Do whatever you want to do and set a goal and commit yourself to it. Don't forget to give back to society and country once you achieve success - be it in any field whether as a technocrat or a businessman. It is our responsibility to repay the society. Do help the needy and the community in whatever way you can on a weekend or once a month. It will give a sense of mental satisfaction and that is priceless.

Conclusion:

Lokesh Kumar Jangid is a story of resilience, determination and dedication. His is a story of triumphs against all odds. His journey to becoming an IAS officer from under-privileged beginning, and his persistent service to the society, especially in the rural areas, is a true inspiration for all and his undying commitment to serve the nation underlines the respect he gains from all.

#Lokesh Kumar Jangid

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gojackenmitracoolas · 1 year

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राजस्थान में गहलोत सरकार के कामकाज से जनता खुश है और उनके बीच कोई एंटी इनकम्बेंसी नहीं है। https://www.youtube.com/watch?v=0-PIi8RMoaE युग चरण के साथ देखिये देश-विदेश की सभी महत्वपूर्ण और बड़ी खबरें | राजस्थान में गहलोत सरकार के कामकाज से जनता खुश है और उनके बीच कोई एंटी इनकम्बेंसी नहीं है। People are happy with the work of the Gehlot government in Rajasthan and there is no anti-incumbency among them. राजस्थान में अगले महीने करीब 12 लाख परिवारों को राशन के गेहूं मिलना मुश्किल होगा। It will be difficult for about 12 lakh families in Rajasthan to get ration wheat next month. राजस्थान लोक सेवा आयोग द्वारा निकाली गई पुरातत्व एवं उत्खनन अधिकारी के 1 और संग्रहाध्यक्ष के 9 पदों पर भर्ती के लिए कैंडिडेट्स 25 अगस्त तक आवेदन कर सकते हैं। Candidates can apply till August 25 for recruitment to 1 post of Archaeological and Excavation Officer and 9 posts of Curator drawn by the Rajasthan Public Service Commission. राहुल गांधी 12 तुगलक लेन वाले घर में वापस नहीं रहना चाहते। Rahul Gandhi does not want to stay back in the 12 Tughlaq Lane house. विदेश मंत्री एस जयशंकर ने बुधवार को कहा की भारत श्रीलंका में चल रहे संकट के बीच उसकी हर तरफ से मदद करना जारी रखेगा। External Affairs Minister S Jaishankar on Wednesday said that India will continue to help Sri Lanka in all possible ways amid the ongoing crisis. Watch the latest Hindi news Live on the World's Most Loved News Channel on YouTube. Latest News about Politics , Sports , Entertainment, Crime at Yugcharan Channel. Un Biased News Reporting ! Follow this link to join our WhatsApp group to get Latest News Updates : https://chat.whatsapp.com/ESor6YJXGEIL9y7DZRCtim Subscribe our channel for the latest news: https://www.youtube.com/@yugcharan Like us: https://www.facebook.com/theyugcharan Follow us: https://twitter.com/theyugcharan Telegram : https://t.me/TheYugCharanpaper Instagram : https://www.instagram.com/theyugcharan/ Website : https://yugcharan.com #today_breaking_news #Breaking_news #Latest_news #Hindi_News #News #NewsHindiLive #LiveTVNews #HindiNews #rajasthanelection #rajasthannews #electionnews #sjayshankar #foreignminister #bjpnews #congressnews #rahulgandhi #politicalnews #jobvacancy #crime #crimenews via Yugcharan News https://www.youtube.com/channel/UCbT6O9BlRulH48ph5QmCYEg August 24, 2023 at 05:45PM

#Yugcharan News #Youtube

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ivisonguitars · 1 year

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youtube

#Yugcharan News #Youtube

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rajeshnews33 · 1 year

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Rajasthan Election 2023 After Delhi Meeting Political Crisis Resolve In Congress Party Ann

Rajasthan Election: विधानसभा चुनाव से पहले दिल्ली में राजस्थान कांग्रेस की करीब चार घंटे बैठक चली है. जहां पर राजस्थान कांग्रेस के कई दिग्गज नेता शामिल रहे. जिसमें करीब 30 बड़े नेताओं को बुलाया गया था. सभी ने अपनी-अपनी कुछ न कुछ बातें रखने की बात कही थी. मगर सूत्रों की मानें तो कुछ ने तो कुछ कहा बाकी कई लोगों ने तो बात ही नहीं रखी. उसके बाद केसी वेणुगोपाल ने सबको एक साथ मिलकर चुनाव लड़ने की बात कही…

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xtruss · 1 year

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On This Day: Pakistan Becomes a Nuclear Power

On May 28, 1998, Pakistan announced that it had successfully conducted five nuclear tests

— Social Desk | The Express Tribune

The Pakistan Atomic Energy Commission (PAEC) reported that the tests conducted on May 28 generated a seismic signal of 5.0 on the Richter scale, with a total yield of up to 40 KT.

Pakistan's nuclear weapons programme architect Dr Abdul Qadeer Khan claimed that one device was a boosted fission device and that the other four were sub-kiloton nuclear devices. Following this, on 30 May 1998, Pakistan tested yet another nuclear warhead with a reported yield of 12 kilotons.

Test Site: Ras Koh Hills in the Chagai district of Balochistan, Pakistan

Chagai-I:

The nuclear tests were performed at Ras Koh Hills in the Chagai district of Balochistan. Chagai-I was Pakistan's first public test of nuclear weapons. Its timing was a strategic response to India's second nuclear tests, on 11 and 13 May 1998.

The total number of claimed tests was six, with another device reportedly being left undetonated.

Socio-Political Climate:

As Pakistan became one of the nine states to possess nuclear weapons, it is pertinent to note that it came on the heels of India conducting its own nuclear tests.

Since the timing of Chagai-I was a strategic, yet direct response to India's second nuclear tests, it is argued that 28th May marks the day that prevented war between India and Pakistan

Operation Brasstacks:

Planned and executed by the Indian Army, Operation Brasstacks was a major combined arms military exercise of the Indian Armed Forces in the Rajasthan state of India, adjacent to the border with Pakistan. It took place in 1986.

While India claims that the operation was merely to test the new concepts in Indian warfare, over 600,000 Indian troops had been amassed near the border of Pakistan - which is precisely why many claims revolve around Operation Brasstacks not being a military exercise, but a scheme to build up the situation for a fourth war with Pakistan.

The PAEC weapon testing team at Koh Kambaran, with team leader Samar Mubarakmand (right of the man in the blue beret), Tariq Salija, Irfan Burney, and Tasneem Shah. The better known A. Q. Khan of Kahuta Research Laboratories (KRL) is left of the man in the blue beret (who may be General Zulfikar Ali).

Timeline:

In December 1989, armed resistance to Indian rule in occupied Kashmir began with support from Pakistan. Then in April 1990, a crisis in the valley broke out as Indian military mobilisation threatened to incite war between India and Pakistan. Following this, in May 1998, India detonated five nuclear devices - and in response, Pakistan claimed six detonations, averting a full-scale India-Pakistan war.

Brief History of Pakistan's Nuclear Programme:

Pakistan's nuclear weapons programme was established in 1972 by Zulfiqar Ali Bhutto, who founded the programme while he was minister for fuel, power and natural resources, and later became president and prime minister. Shortly after the loss of East Pakistan in the 1971 war with India, Bhutto initiated the programme with a meeting of physicists and engineers at Multan in January 1972.

According to Pakistan's Nuclear Weapons Program archives, India's test created an untenable situation for then Prime Minister Mohammad Nawaz Sharif. In the wake of India's tests, Pakistan felt an urgent need to demonstrate its own prowess in a similar manner for many reasons - to deny India the unilateral technical advantage it might have gained from conducting tests and to revise the power dynamics between the two countries.

Pressure for test spanned the political spectrum from liberals like opposition leader Benazir Bhutto to the religious right. Bhutto reportedly went so far as to declare that "if there is the military capability to eliminate India's nuclear capacity, it should be used."

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gadgetsforusesblog · 1 year

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Rajasthan Politics: Because of the cold attitude of the high command, the pilot changed the strategy! Sachin will be back on the field starting tomorrow. Rajasthan congressional crisis Sachin pilot is likely to change his strategy and back in the field from April 17

Sachin Pilot: No decision has been made by the high command on the issue of Congress leader Sachin Pilot and meetings are ongoing in Delhi. Here the pilots will start the campaign again from April 17. Congress leader Sachin Pilot Image Credit source: PTI Jaipur: After last week’s political turmoil in Rajasthan, peace has spread again where CM Ashok Gehlot is busily engaged in the election…

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newsmaniia · 4 years

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DRC: the fabulous destiny of the Indian Harish Jagtani

Some call Harish Jagtani the "Indian Dan Gertler," after the sulphurous Israeli businessman, friend of Joseph Kabila. The former head of state of the Democratic Republic of the Congo (DRC) has denied any relationship with this Indian businessman. RFI provides new evidence of this proximity and has continued its investigation. Not only has Mr. Jagtani built an empire in the land of Joseph Kabila in less than 15 years, but his family and associates now have significant assets in the Congo, as abroad, and have come to join forces to the biggest groups like the American Hilton and the French Accor.

On October 28, 2015, Harish Jagtani celebrates its fortieth anniversary in style. The businessman decided to celebrate it in India, his country of origin, in his luxurious residence in Jaipur, capital of Rajasthan. The millionaire named it "LV" in tribute to Louis Vuitton, one of his favorite luxury brands. However, it is not Mr. Jagtani who is the center of attention. The guest of honor is Olive Lembe di Sita, first lady of the Democratic Republic of the Congo (DRC). It is in this Central African country with a tumultuous history that the Indian businessman has lived for twenty years and made his fortune under the presidency of the husband of "Maman Olive", Joseph Kabila, who came to power in 2001 .

In the photos of the event, Olive Lembe di Sita is dressed in a sumptuous white dress and seems to love the couple, young, rich like her. "Harish captivates with his polite manners and ambitious plans," said a Congolese businessman annoyed by Mr. Jagtani's successes. A dozen photos obtained by Radio France Internationale (RFI) attest to the warm relationships between the couple of Indian millionaires and the wife of Joseph Kabila. The now former head of state does not appear in any image. After the publication of our first investigation, he denied, through the voice of his representative, any relationship with this businessman today at the heart of several scandals.

Harish Jagtani's Modern Construction has benefited from an over-the-counter market that has become controversial. In the midst of an economic crisis, the Senate, chaired by someone close to Mr. Kabila, spent $ 4 million, outside the budget, to renovate its plenary hall. In Kinshasa, the capital, residents often attribute some of the towers built by Harish Jagtani and his construction companies to the former presidential couple, such as the Kiyo Ya Sita tower. It was baptized thus, they say, in homage to Olive Lembe di Sita. Questioned by RFI, the former first lady’s communications advisor assured her: “Her investment is in agriculture and cattle breeding. "

#Harish Jagtani

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