Category: 🗞News

According to scientists, global warming is playing a very devastating role in the Pakistan floods as it worsens the situation. Researchers of the World Weather Attribution group say that climate change will increase the intensity of rainfall. Apart from this, there were many uncertainties in the result, so the team was unable to quantify the impact scale as well. 

They also believed that this kind of event would not happen again in the next year. The floods in Pakistan have been affecting the lives of people for the last two months, and tens of millions of people are suffering from diseases. And about 1500 have died because of the rise of the dirty and diseaseful water. 

The intensity of the downpours also saw the river Indus burst out of its bank and landslides and urban flash floods swamped many areas. As we saw from the start, the politicians pointed to climate change as having made a significant contribution to the most disastrous scenes. 

The crippling heat waves that gripped India and Pakistan at the beginning of this year also worsened the situation. Along with this, the research finds that climate change has made them up to 30 times more likely to happen and more frequently. But if we talk about extreme rainfall, then extreme rainfall is very hard to access. Pakistan is located on the edge of the monsoon region where the rainfall pattern is very variable as compared to other countries. 

FAQ

• Which thing is adding to the worsening condition of Pakistan?

Ans. The climate change 

• How many people are affected by climate change in Pakistan?

Ans. Tens of millions of people 

• How many people died in the floods in Pakistan?

Ans. About 1500 people.

 A top company executive of Google has noticed that the small Indian app developers and startups that provide video, audio, and book content may have to pay about 6% commission to the Google Play store. All this will follow a very different approach as it allows the alternatives to its billing systems to be announced by the technology giant in select markets. This play store commission will come into effect from October 21 in India. 

Apart from this, other apps that are offering the game content will have to pay about 11% commission if only they adopt an alternative billing mechanism to the Google Play billing system. Apart from this, the 6% and 11% commission will be applicable on the non-gaming applications if they are earning less than $1 million in revenue per year. 

It is obvious that it will make us see a significant climbdown by Google from its 30% commission. They also said that it will charge since the announced date as its Play store commission policy from two years ago. They also provoked a concerted pushback from the local startup ecosystem and triggered a probe by the Competition Commission of India on the issue that is now in its final stages, according to the people in the know. 

FAQ

• Which kinds of applications have to pay the commission?

Ans. Those who are earning less than $1 million in revenue per year. 

• What is the percentage of the tax?

Ans. 6% and 11%

• When did the commission come into effect?

Ans. 31 October

We all know that Byju is the most valued startup in the country, but the revenue operations of the company in the financial year 2021 were readjusted to Rs 2,280 crore and the company incurred a massive loss of Rs 4,588 crore, of which Rs 262 crore in the last previous fiscal. These digits show a significant drop of 48% from the revenue projected of Rs 4,400 crore. The Edtech firm is also facing intense scrutiny over its accounting practices in the last few months. 

The difference between the Byju unaudited revenue and the official account is now signed off by the startup audit firm Deloitte Haskins & Sells. In the past week, the Byju founder and CEO, Byju Raveendran, has been briefing the company’s shareholders about the discrepancies. It is about to attribute the business model change to the covid-19 pandemic and the multiple people familiar with the development. 

Raveendran said that the company has recorded significant growth in revenue compared to the financial year 2020, but because of the revenue recognition changes, it is being pushed to the next fiscal year. He also insisted that there is no revenue loss because it is being called out in an audit report on an account that will be growing in FY2022. 

There is a startup based in Bengaluru with a value of $22 billion whose audited results were delayed for about 18 months as the Deloitte audit arm raised concerns over several contentious issues in the company’s accounts. 

FAQ

• Who is the founder and CEO of Byju?

Ans. Raveendran Byju 

• Which year’s loss has been adjusted to this year?

Ans. 2021

• How much does the company’s revenue drop?

Ans. 48%

About 22 streets are majorly affected in the district of Kryvyi, Oleksandr Vikul, the city district warned on Wednesday. Officials also said that a water flow of 100 cubic meters per second was gushing from the breaches. And the water level was very dangerous in the Inhulets River. Even Ukraine knows that this strike was revenge by Russia for its recent counterattack. Even the Volodymyr Zelensky Resident describes Russia as a terrorist state. 

On Wednesday night, he addressed the people and said, “You are the weaklings who fight civilians.” Scoundrels who have escaped from the battlefield, are trying to do harm somewhere far away. 

It seems a counter reference to the recent military of Ukraine’s success in a swift counter-offensive in the country. It is also seen that the Ukraine army reclaims the swathes of the nation and also forces Russian troops to retreat. The President said that the reservoir did not have any military value at all. The officials added that the water supply is affected by the attack and the risk of flood at 600,000 people. 

But Moscow did not comment on the reported missile strikes on Wednesday. The Russian military also admitted that hitting energy-generating targets caused widespread blackouts affecting millions of people in eastern Ukraine last weekend. On Wednesday, the president recaptured the city of Izyum, as it is a logistic hub in the Kharkiv region. 

FAQ

• How many people were at risk of flooding?

Ans. 600,000

• For what Moscow did not comment?

Ans. The missile strikes 

• What is the speed of the water?

Ans. 100 cubic meter 

His family says that Kenneth Starr died at the age of 76. He was the prosecutor whose investigation led to President Bill Clinton’s impeachment. He is a former judge and US solicitor general. On Tuesday, he died at a Houston hospital of complications from the surgery. 

He is the independent counsel who investigated Mr. Clinton. Starr became the most famous household name in the whole US. He also served on the team defending former President Donald Trump from impeachment in 2020. 

Star was also appointed by the US Department of Justice in 1994 to investigate Whitewater as it was a scandal-plagued 1980s land venture in which Bill and Hillary Clinton were both involved. During the investigation, Starr found strong evidence that Mr. Clinton had been having an affair with a White House intern, Monica Lewinsky. 

All this resulted in Mr. Clinton being impeached by the House representative in 1998 and later he was acquitted by the Senate Starr.  He also wrote about the inquiry in a best-selling book, Contempt: A Memoir of the Clinton Investigation. During the promotion of the book in 2018 in a CBS interview, he regretted “the pain that resulted for so many, including the nation” from the Lewinsky phase of the probe. But he also maintained that “it had to be done” and also declined to apologize to Ms. Lewinsky for the bullying and harassment she endured after the affair came to light. 

FAQ

• When was Mr. Clinton impeached by the US House of Representatives?

Ans. 1998

• Which girl had an affair with a White House intern?

Ans. Monica Lewinsky 

• When does the president serve on the team defending the former president from impeachment?

Ans. 2020