Skip to main content

Microsoft To Join ONDC | Will it ends the dominance of Flipkart & Amazon ?

Microsoft joins  India's ONDC WHAT HAS HAPPENED? US firm Microsoft has become the first big tech company to join the Open Network for Digital Commerce (ONDC), A government-backed project which is aimed at enabling small merchants and mom-and-pop stores in parts of the country to access processes and technologies that are typically deployed by large e commerce platforms such as Amazon and Flipkart. The software giant intends to introduce social e-commerce - group buying experience in the Indian market, Which would include a shopping app for Indian consumers along with their social circle, harnessing the ONDC network to discover the best pricing among retailers and sellers. WHAT IS OPEN NETWORK FOR DIGITAL COMMERECE ? It is an initiative aimed at promoting open networks for all aspects of exchange of goods and services over digital or electronic networks. ONDC is to be based on open-sourced methodology, using open specifications and open network protocols inde...

Will china attack US speaker's plane over Taiwan visit ? US military Plan

Threat to US Speaker Plane over Taiwan issue
WHAT’S HAPPENING ?

China has warned that it will respond forcefully if US House of Representatives Speaker Nancy Pelosi goes ahead with a visit to Taiwan, the self-governing island democracy it claims as its own territory. Pelosi is second in line to the presidency and would be the highest ranking US politician to visit Taiwan since 1997. China has threatened unspecified “resolute and strong measures” if she goes ahead, which analysts say could cause tensions to spike in Taiwan Strait, considered a major potential Asian powder keg.

ATTACK ON PELOSI’S PLANE

U.S. officials say they have little fear that China would attack Nancy Pelosi’s plane if she flies to Taiwan. But the U.S. House speaker would be entering one of the world’s hottest spots, where a mishap, misstep or misunderstanding could endanger her safety. So the Pentagon is developing plans for any contingency.

WHY PELOSI WANTS TO VISIT TAIWAN ?

Pelosi has been a staunch critic of China throughout her more than three decades in Congress. She was also a strong supporter of 2019 pro-democracy protests in Hong Kong, making her a target of caustic criticism from Beijing. Taiwan enjoys strong bipartisan support in Congress, and Pelosi said last week it was “important for us to show support for Taiwan.”

Taiwan’s President Tsai Ing-wen has defied Beijing’s threats and her administration has favored, Core democratic values and liberal policies close to Pelosi’s heart, including same-sex marriage and a strong social security net.

WHY WOULD THE VISIT CAUSE RISE IN TENSION?

China claims Taiwan as its own territory to be annexed by force if necessary and its military build-up in recent years has largely been oriented toward such a mission. Beijing objects to all official contact between Taipei and Washington, and routinely threatens retaliation. China launched military exercises and fired missiles into waters near Taiwan in response to a 1995 visit to the US by Taiwan’s then- President Lee Teng-hui, but it’s military capabilities have advanced massively since then.

While experts say it’s unlikely China would use force to prevent Pelosi’s US government plane from landing in Taipei, its response remains unpredictable. Threatening military drills and incursions by ships and planes are considered potential scenarios that would set the entire region on edge.

WHY IS THE TIMING SENSITIVE ?

President Joe Biden’s administration is keen to keep America’s crucial but often turbulent and highly complex relationship with China on an even keel. Pelosi had planned to visit in April but postponed after getting Covid-19. She has declined to discuss reported plans to travel to Taiwan in coming weeks. That could coincide with China’s celebrations of the August 1 anniversary of the founding of the People’s Liberation Army, and possibly overlap with a planned phone call between Biden and President Xi Jinping.

A more robust Chinese response could also be driven by Xi’s desire to bolster his nationalist credentials ahead of a party congress later this year at which he is expected to seek a third five-year term in office. Xi’s expansion of his powers into every sphere and his hardline zero- Covid response to the domestic epidemic has sowed, A degree of resentment and appealing to raw patriotism, particularly over Taiwan, might help him fend off criticism.

WHAT TAIWAN IS SAYING ?

Tsai has been welcoming of all foreign dignitaries, serving and retired, from the US, Europe and Asia, Using such visits as a bulwark against China’s refusal to deal with her government and relentless campaign of diplomatic isolation. Still, her rhetoric on such occasions has generally been relatively low- key, reflecting her own calm demeanour and possibly a desire not to further antagonize China, which remains a crucial economic partner.

The capital Taipei staged a civil defence drill Monday and Tsai on Tuesday attended annual military exercises, Although there was no direct connection with tensions over a
possible Pelosi visit. While the Taiwanese public strongly rejects China’s demands for unification, the ability of the island’s military to defend against the PLA without US help is highly questionable, So shoring up the armed forces has been a hallmark of Tsai’s term in office.

Q. Which of the following oceans has the most coral reefs?
A) Indian ocean
B) Pacific ocean
C) Atlantic ocean
D) Arctic ocean

Comments

Post a Comment

Popular posts from this blog

Teacher Recruitment Scam in West Bengal

Teacher Recruitment Scam  in West Bengal WHAT HAS HAPPENED ? West Bengal Teacher Recruitment scam took a new turn on Friday  after the Enforcement Directorate seized ₹20 crores,  Following raids at a dozen places including the residence of two  ministers who were named in connection with the scam.  The agency said that they had recovered huge cash amounting to  approximately ₹20 crores from the residential premises of Arpita  Mukherjee, who is a close associate of Partha Chatterjee  (former West Bengal Education Minister). The sleuths raided the residence of senior West Bengal  minister Partha Chatterjee and questioned him for over 11  hours in connection with its investigation into the teacher  recruitment scam, an official of the agency said. Further the investigative agencies visited another minister Paresh  Adhikari’s home in Cooch Behar district in the northern part  of the state and talked to his ...

What is meaning of 'Johar' greeting used by 15th President Droupadi Murmu?

Why President Murmu  uses the word ‘Johar’ ? WHAT HAS HAPPENED ? The 15th President of India, Droupadi Murmu, assumed  office Monday with a ‘Johar’ greeting to the country.  ‘Johar’, which essentially means ‘salutation and welcome’, is  used within the tribal communities of Jharkhand, and  in parts of Chhattisgarh and Odisha. According to several tribal leaders from Jharkhand, the word  ‘Johar’ also means ‘paying respect’.  Just like Namaskar, "Johar" is also used along with folded  hands to greet people, or in case of elders, by  touching their feet.  Tribal communities are nature worshippers and follow Sarna  religion code, although it is not an official religion. "Juhar" is also one of the rituals of Nuakhai, an agricultural  festival celebrated to welcome the new crop.  It is a combination of two words - 'nua' means 'new' and  'khai' means 'to eat'. WHICH TRIBAL COMM...

SBI changes Rule for ATM Cash Withdrawal

SBI changes Rule for ATM  Cash Withdrawal WHAT HAS HAPPENED ? The State Bank of India (SBI) has launched a one-time password  (OTP) based cash withdrawal service to protect its customers  against fraudulent ATM transactions.  Soon many banks are expected to switch to this method for cash  withdrawals from ATMs.  This will work as an extra layer of protection against unauthorized  transactions. WHAT IS THIS EXTRA SECURITY ? According to the SBI, customers will have to enter the OTP during the  cash withdrawal at ATMs to complete the transaction.  The OTP is a system-generated four-digit number, which will be sent  on the registered mobile number of the customer.  The OTP will authenticate the cash withdrawal and it will be  valid for only one transaction. The largest lender in the country launched the OTP-based cash  withdrawal services on January 1, 2020.  But this is applicable for...