North Korea’s Kim Jong-un offers to restore inter-Korean hotline

Geo Politics

Kim Jong un

North Korean leader Kim Jong-un said that he is willing to restore an important communication hotline with South Korea as a possible proposal for reconciliation.
He also accused the United States of proposing talks without changing its “hostile policy” towards North Korea.
In August of this year, Pyongyang cut off the hotline to protest the South Korean-US military exercise.
North Korea and South Korea are still at war technically because there was no peace agreement at the end of the Korean War in 1953.
In the past few years, the communication hotline between the two has been cut off and restored many times.
In 2020, after the failure of the North-South summit, Pyongyang bombed the North-South Korea border office established to improve communications.

World’s Richest Family Reveals $5 Billion Worth of Stock Picks

Walton Family

The Walton family is revealing its stock options, revealing that it held nearly $5 billion in stock at the end of June through a little-known company that helped invest in Wal-Mart’s wealth.
According to a document submitted by the US Securities and Exchange Commission to the family investment company WIT LLC, this is an increase from the $3.8 billion at the end of December last year. WIT LLC is the acronym for the Walton investment team that began disclosing its holdings this year. Most of the funds are invested in low-cost exchange-traded funds. The US Securities and Exchange Commission regulations require investors who manage more than $100 million in US stocks to disclose their holdings, but family offices can call for the confidentiality of these documents. Walton Enterprises has never submitted the so-called 13F quarterly report under this name. Other high-profile family offices, including the family office of Renaissance Technology founder James Simmons, have begun to submit applications

Committed to nuke-free world, reiterates India

India

Mr. Shringala

Based on universal commitments and an agreed multilateral non-discriminatory framework, express loyalty to the goal of nuclear disarmament through a gradual process. Foreign Minister Hash Shringela stated at the United Nations that India will engage with all member states in an “spirit of openness” in order to achieve a world without nuclear weapons. The ancient text of Rigveda, as he quoted, “let noble thoughts come to us from all directions”.
“India, as a responsible nuclear-weapon state, its nuclear doctrine outlines credible minimum deterrence and a posture of no first use and no use against non-nuclear-weapon states,” he said.

Cardano is no longer the world’s third largest cryptocurrency

Tech

Cardano Cryptocurrency

Cardano’s ADA token surged 150% in August, becoming the third largest cryptocurrency in the world by market value. But its victory seems to be short-lived. The cryptocurrency market seemed to have found its sea leg when it returned to the green market on September 30. Cardano has risen by 1.95% to a price of US$2.11, but has been unable to recover so far to rank third. The cryptocurrency market initially dismissed China’s statement, believing it was just another intimidation strategy. However, large wig companies did not respond in the same way.
Binance and Huobi, the world’s largest cryptocurrency exchanges, announced that they will no longer accept new registrations from users outside of China. Sparkpool is the second largest Ethereum mining pool in the world and will close operations in less than 24 hours. Moreover, Alibaba, China’s e-commerce giant, announced that it will no longer sell mining equipment.

IPL 2021 Live Score, SRH vs CSK, Today’s Match 44: Sunrisers Hyderabad Aim to Stop Chennai Super Kings Juggernaut.

Sports

CSK vs SRH

IPL 2021, SRH vs CSK, Live Cricket Score: Sunrisers Hyderabad finally found some winning momentum when they beat Rajasthan Royals in their last match and this should give them the confidence to take on table-toppers Chennai Super Kings when both the teams meetin Sharjah. The upcoming Indian Premier League (IPL) 2021Sunrisers Hyderabad vs Chennai Super Kings match will kick off at 7:30 pm.

Paras Defence stock lists on October 1. What could be the premium for listing?

India

Paras Defense

According to analysts, given the overwhelming investor response and the government’s push for ‘Atmanirbhar Bharat’ and ‘Make-in-India’ initiatives, the shares may begin trading at a more than 100 percent premium at the upper end of the price band at Rs 175.

Vedantu turns unicorn after $100 million funding

Business

Vedantu Logo

Edtech startup Vedantu has become the 28th Indian unicorn in 2021 and the fifth edtech unicorn as the company raised $100 million in a series-E round that valued it at over $1 billion.

The funding was led by Singapore-based impact investing fund ABC World Asia, and also saw existing investors Coatue, Tiger Global, GGV Capital, Westbridge, among others.

Vedantu said that more investors are expected to join in as the round had not closed yet. According to sources, a further $10-$20 million could be pumped in at the same valuation.

World

Bill Gates hails India’s digital health ID framework

Bill Gates

News outlet CNN has said it scrapped its Facebook presence in Australia claiming that the social media behemoth refused to disable the comments section, while also citing the country’s high court ruling which made publishers responsible for defamatory comments posted by users on social media.

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