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What is Recession ?? Recession is a macroeconomic term which basically defines a period of temporary economic decline due to reduction of trade and industrial activity, and generally results a fall in GDP. National Bureau of Economic Research (NBER), defines recessions as  a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales. How it can effect the Economy ? Major Economic Expansion from 2009 to 2019, Source NBER Since the Industrial Revolution, the long-term macroeconomic trend in most countries has been economic growth. Along with this long-term growth, however,there have been always some short-term fluctuations when major macroeconomic indicators have shown slowdowns or even outright declining performance over time frames of six months, up to several years, before returning to their long-term growth trend. These s...

In the first week of March, the Tablighi Jamaat held a religious congregation at the New Delhi headquarters, where more than 1,500 people participated. Some of the participants, including senior preachers, had come from countries like Saudi Arabia, Malaysia and Indonesia where Covid-19 had already spread. After attending the congregation, the participants left for various states. Some of them later developed symptoms of Covid-19 but that went unnoticed until a 65-year-old man, resident of Jammu and Kashmir, died on Thursday. Later, Tamil Nadu, Telangana, Kerala, West Bengal—states where the participants had visited—also reported cases linked directly or indirectly to the congregation. Overall, as on Monday, 20 people across states who were linked to the congregation had been confirmed positive for Covid-19 and as many as 1,000 are under watch for disease symptoms. According to sources, Karnataka has quarantined 54 attendees, Tamil Nadu has traced 981 of 1500 att...

The latest leak from the PlayStation store in Germany, hints about the long-awaited remastered version of Call of Duty: Modern Warfare 2 to be released Tuesday, March 31. Modern Warfare 2 released in 2009 Released in 2009, Call of Duty: Modern Warfare 2 is hands-down one of the best first-person shooters out there at that time and the title received much acclaim from game critics and fans. A data-mine into Season 3 of Modern Warfare revealed that the BATTLE ROYALE mode and Warzone would be coming to the game, which will provide, as well as the remastered Modern Warfare 2. Although the PlayStation store listing has been removed, but had the following details, according to charlieintel.com: " A completely remastered Modern Warfare 2 campaign with improved textures, animations, physical rendering, HDR lighting, and more.  Cosmetics for Modern Warfare and Warzone  Two battle pass skip tiers" The most notable omission from the information of the remastered release i...

The whole world is currently at war against the CORONA VIRUS . More than 700 000 people got inflected with the new virus and 33 000 among them lost their lives in the war against the invisible. Many of the famous figures, by going public with their diagnoses, have helped put a face to the virus, sharing updates via social media and giving interviews about their symptoms and conditions. Here’s a list of some public figures who have announced that they have the virus. Tom Hanks The Academy Award-winning actor and his wife, Rita Wilson, both 63, said in a statement on March 11 that they were in Australia and had the coronavirus. Mr. Hanks was set to film a movie there about the life of Elvis Presley. “Rita had some chills that came and went. Slight fevers, too,” Mr. Hanks said in the statement. “To play things right, as is needed in the world right now, we were tested for the coronavirus, and were found to be positive. ” The Hollywoo...

Is China responsible for this Corona Virus outbreak? This is a topic on which we can debate for hours without any result. However it is an established fact that the virus against whom the whole world is at war right now, originated from Wuhan, the capital of Hubei province of The Republic of China. China is known for its manipulative approach to suppress information that can threaten their economy as well as global image. In this case China reported WHO on December 31 2019 , citing multiple cases of viral pneumonia from Wuhan that they believe to be caused by a kind of corona virus which they have not encountered before. However according to government data seen by the South China Morning Post , The  first case of someone in China suffering from Covid-19, the disease caused by the novel coronavirus, can be traced back to November 17, 2019 . According to the government data, a 55 year-old from Hubei province could have been the first person to have contracted Covid-19 on ...

What is corona virus ?? Corona viruses are basically a group of viruses which usually affects birds and mammals. It can cause infections specifically in the respiratory tract causing minor cold , vomiting to severe respiratory problems. How many types of Corona viruses are there? Do we need to worry for all? Coronaviruses are named for the crown-like spikes on their surface. There are four main sub-groupings of coronaviruses, known as alpha , beta, gamma, and delta . Besides these sometime corona virus can mutate itself according to its host's metabolic circumstances. Human coronaviruses were first identified in the mid-1960s. The seven coronaviruses that can infect people are: 229E (alpha coronavirus) NL63 (alpha coronavirus) OC43 (beta coronavirus) HKU1 (beta coronavirus) MERS-CoV (the beta coronavirus that causes Middle East Respiratory Syndrome, or MERS) SARS-CoV (the beta coronavirus that causes severe acute respiratory syndrome, or SARS) SARS-CoV-2 (the no...

What is Financial Emergency ? Financial Emergency is the one among the three emergency provisions in Indian Constitution, the others being The National Emergency and State Emergency. It can be declared by the President of India if the state of financial stability or credit of India comes under any threat. What is threatening India's Financial stability to impose Financial Emergency ? India have taken a major step in the world wide war against Corona Virus by declaring a nation wise lock down. The Prime minister addressed the nation on  March 25th informing the lockdown will continue for next 21 days, but it seems it will be extended for some more day. As India still about to entry the stage 3 of this Corona Virus outbreak the government is trying its best to stop the transmission and contain the outbreak within stage 2. This lockdown decision may play a vital role doing that but India have to pay a lofty price on that. During the lockdown  trade,manufacturing,...

What is Lockdown ? Lock down is basically a situation where people are not allowed to enter or leave a specific place or building due to various emergency causes. During this period one can only travel if and if he have any extremely important valid reason. Is Lockdown and Curfew same ? No. Although both serve almost same purpose they are not exactly same. Lockdown is something which is not constitutional . There is no legal connection of lockdown to constituion. Lockdown is just like ancient times of king where everyone listen when the king asked everyone to stay linside with no question asked. Same is not true for curfew. Curfew is imposed under section 144 of Indian constitution.During the curfew people are instructed to stay indoors for a particular period of time. The government puts a complete restriction on traffic as well. Usually, prohibitory orders state that people cannot gather in a group of more than five. Markets, schools, colleges and offices remain closed u...