Week 58

Rain, Record, Russia, Riot, Rail 🤖

July 01, 2023

Good Morning,

Welcome! I hope you have your “Subah Kee Chai” ready and are excited to read your weekly 10-minute digest.

With France going through immense riots and Indian Prime Minister Modi supporting the Russian government during the attempted coup, this week saw a number of interesting (and unbelievable) news stories. Make sure to stick around till the end to read all about this week's news!

The rains have no plan of stopping as they continue to pour down heavily on the metropolitan city of Mumbai. The weather change has got everyone falling sick, including me! But don't worry, I know how clueless you guys would be without me.

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I hope you enjoy today's newsletter and have an amazing Sunday!

Now let’s get into the news.

Markets

Would like me to include any other currencies? Let me know by replying to this mail!

Market News

The stock market remained closed for two days this week. One being the earlier scheduled bakri eid holiday, and the other being the holiday itself, i.e. the 28th of June and the 29th of June respectively.In a remarkable feat, the Indian equity indices, namely Nifty and Sensex, skyrocketed to unprecedented heights, wrapping up the trading session with record-breaking closing figures. The Nifty 50 surged beyond the 19,200 mark but settled at an impressive 19,189.05, while the Sensex concluded the day's trade at a soaring 64,718.56, marking an impressive gain of 800 points.The Bank Nifty also experienced a notable upswing, climbing 0.93% to culminate at 44,738.25, with HDFC Bank leading the charge. The broader markets displayed a resounding surge, with both Nifty 100 and Nifty 200 securing gains of over 1% each. Furthermore, the Nifty Smallcap 100 and Nifty Midcap 100 indices exhibited commendable growth, with gains of 0.65% and 0.47% respectively.M&M, Infosys, IndusInd Bank, Sun Pharma and Hero MotoCorp were the top gainers on the Nifty 50 index, with M&M up 4.37%. Adani Ports, Grasim, Apollo Hospital, HDFC Life and Adani Enterprises, with Adani Ports down 2.19%.

New world record!

I bet this isn't a record you'd hear of in your day-to-day life. People all around the world have been breaking records you didn't know existed! Well, this Delhi resident managed to set one of the most astonishing and out-of-the-box records out there.

Shashank Manu

, an individual who has travelled extensively to over 70 countries, made headlines when he set a remarkable Guinness World Record in 2021. As reported by the Indian Express, Manu successfully

covered all 286 metro stations

in the national capital within an impressive time of

15 hours, 22 minutes

and 49 seconds

. However, there was a mix-up during the certification process, and initially, the honour was mistakenly attributed to Prafull Singh, a revenue inspector with Delhi Metro. Fortunately, the mistake was rectified, and Shashank Manu officially received the well-deserved certification in April 2023, solidifying his incredible achievement.

He set the record by using a one-day tourist card on the Delhi Metro's blue line. He started at

5:00 am

and finished at

8:30 pm

, covering all the metro stations spanning 348 km.

Another world record was set ablaze by a 39-year-old French firefighter who ran the

fastest 100 metres while on fire

(that's hot). Jonathan Vero, also known as the human torch sprinted the 100-metre stretch with no oxygen. That's a breathtaking record if I ever knew one!

Word of the week!

Let's take a break from the news! The word for this week is:

lambent

"LAM-bunt"

When used literally, lambent can mean “softly bright or radiant” or “flickering.” Lambent is also often used to describe speech, writing, music, and even wine, which has a light, appealing quality.

Sitting around the campfire, we were mesmerized by the lambent flames dancing into the night.

France riots

France was engulfed in a wave of protests for the third consecutive night after a teenager was fatally shot by the police, an incident that was captured on video. More than 400 individuals were arrested across the country in connection with the protests. The RAID, France's elite police force, was deployed to several cities including Bordeaux, Lyon, Roubaix, Marseille, and Lille to help control the situation.

Confrontations between protesters and law enforcement escalated in Nanterre, a Parisian suburb where the 17-year-old Nahel was killed, and in the southern port city of Marseille. In Nanterre, amidst the chaos and burning debris, the phrase "vengeance pour Nael" was spray-painted on a wall, reflecting the desire for revenge for the slain teenager.The protests and clashes across France illustrate the deep frustration and anger felt by many citizens following the tragic death of the teenager, and they reflect the ongoing tensions between the police and certain communities in the country.The president of France, Emmanuel Macron was found partying with Elton John while France descended into chaos.

Smuggling ring!

You hear the word smuggling, what's the first thing that comes to mind? Drugs, money, gold, or even weapons. Well, this story covers none of them.

In a recent development, an individual of Indian origin named Rajinder Pal Singh has been sentenced to over three years in prison for his involvement in smuggling more than 800 Indian citizens into the United States using the ride-hailing service Uber. The US Justice Department reported that Singh, a California resident, pleaded guilty in February to charges of being a key member of a smuggling ring that facilitated the illegal entry of hundreds of Indian nationals from Canada, earning over $50,000 in the process.

Acting US Attorney Tessa M Gorman stated that Singh, aged 49, was sentenced on Tuesday for his participation in a conspiracy to transport and harbour certain aliens for profit, as well as for his involvement in a conspiracy to commit money laundering. This case highlights the extent of Singh's criminal activities and the severity of the charges he faced, leading to his prison sentence.Over the span of 4 years, Singh arranged for 600 Uber trips to smuggle the Indians into the USA.

Other news

1. Over 2000 people

suffer heatstrokes

during hajj this year, as the temperature rises to 50 degrees Celcius.

2. A protester

tears the Qura

into pieces and sets fire to it outside the central mosque of Stockholm. The crime was committed on Bakri Eid and he faced police action for the same.

3. Wagner Chief Prigozhin's plan to stage a coup in Russia failed because his original plan about the rebellion got leaked and he had to improvise and launch the revolt prematurely, resulting in the epic failure.