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How to start Investing in your 20s - Investment ideas to become wealthy | Elamaran Selvam

 The word " Investing " sounds to be a scary one for most of us since we are not even aware of what is really meant by investing, and some even have a misconception that investing ends up losing your money. Being in your 20s is a golden opportunity to taste the market for the long term, and staying invested helps you to be financially free from your early days of retirement. Here we will discuss Where to Invest your Money in your early 20s. The financial situation in the 20 s When you are just graduated and landed on your first job, you will start earning more than you pocket money during your college time. Suddenly there will be a lot of money in your hand, but there arises a situation that you are no more dependent on your parents for your daily needs. Also, this is the period in your life where you would like to buy whatever you see, alongside you would also like to get rich from the money you earn.  Well, how to achieve your financial independence while enjoying ...

Air India express plane with 191 passengers overshoots runway at Kozhikode airport: Death toll rise to 18 | Elamaran Selvam

Air India Express Flight IX 1344, which was arriving from Dubai to Kozhikode on Friday 07 August with 190 passengers on board overshot the runway while landing in Kerala’s Kozhikode Airport and broke into pieces. The Aviation Ministry on Saturday reported that 18 people were dead, including 2 pilots, and more than 100 have been injured in the incident . Check below to know more about the cause of this incident and similar incidents that occurred previously . How they Travelled: The flight was being operated under the Vande Bharat Mission to repatriate Indians stranded abroad because of the coronavirus lockdown. There were a total of 191 people on board the plane, including 10 babies and five crew members. The incident took place when the Air India Express IX 1344 was attempting to land in Kozhikode on Friday evening around 7.40 P.M. Due to heavy rain, the aircraft overshot the runway and fell into a 35 feet valley then broke into pieces. The injured are being treated at 13 hospitals in...

Beirut explosion: What caused this massive blast? How powerful was the explosion | Elamaran Selvam

A massive blast took place on August 4 in the port city of Beirut, the capital of Lebanon - a country in Western Asia. As per the Internal Ministry of Lebanon, it has been reported at least 100 people were killed, and more than 4500 people were injured. Check below to know more about what caused this massive explosion, and why does the red smoke appear. Reason for the Explosion: The main reason for the massive blast is caused by 2750 tonnes of Ammonium nitrate , which has been stored at a local warehouse for the past six years " without any preventive measure " nearby the port. Authorities are still not clear on what exactly caused this incident, but there could be a fire accident near the storage area, which could have resulted in this massive explosion. Casualties and Damages by the Explosion: At least 100 were killed, and more than 5000 would have wounded the aftermath of the explosion. There are no official numbers in the count, and the death toll was expected to rise. At...

What is EIA draft 2020? Why do you need to know about it | Elamaran Selvam

In recent days wherever you switch to social media sites, you could notice some posts about EIA 2020 and viral hashtags like #withdrawEIA, #withdrawEIA2020. First of all, what is EIA? Why is it strongly criticized by climate and environmental activists and why should you really bother about the draft version, produced by the Union Ministry of Environment, Forest and Climate Change (MoEFCC), India.  What is EIA? Environmental Assessment (EA) is the assessment of environmental consequences (positive-negative) of a plan, policy, program, or actual projects before the decision to proceed with the proposed action . EIA was introduced in India in 1978, for river valley projects, but it was only after the Bhopal gas leak disaster in 1984 the country legislated an Act for environment protection in 1986. Under the Environment (Protection) Act, 1986, India notified its first EIA norms in 1994, setting in place a legal framework for regulating activities that access, utilize, and af...