CPI District Secretary K. in Palakkad P Suresh Raj’s fourth turn is now. KP Suresh Raj was chosen to serve three terms as district secretary.
Although some participants indicated a desire to compete, the leaders’ intervention stopped this action. The competition was held in defiance of the leadership’s district council ban. Voting was completed this morning.
After a brief and turbulent term as prime minister of the UK, Liz Truss announced a big package of unfunded tax cuts before largely rolling most of them back in the face of a market crash. Truss, 47, left his position after just 44 days in office, being history’s shortest-serving British prime minister. She assumed office in early September with promises of a full-court press for growth, but the financial markets found her programme intolerable as the value of the pound and gilts plummeted due to worries about how she would finance her economic goals. After 12 and a half years in power, her departure severely damages the current Conservative Party, which is currently polling more than 30 points behind Labour. In fewer than seven years since the 2016 Brexit referendum, which ushered in an era of unprecedented upheaval in British politics, her successor will become the party’s fifth premier. Truss stated that she will continue serving as prime minister until the party selects her replacement, which is expected to happen within a week. Regardless of who it is, they will have a difficult job rebuilding the Tory party’s economy and reputation in time for the mandatory general election in January 2025. After Brexit, Truss’s position is practically assured. In the near future, Britain will face increasing borrowing rates, slow growth, tax increases, and spending reductions. Veteran Tory MP Charles Walker told the BBC on October 19 that the situation was “a disaster and a shame.” “Our party has suffered great harm from them,” Chancellor of the Exchequer Jeremy Hunt, who was recently promoted from the back benches after Truss fired Kwasi Kwarteng in an effort to calm the markets, and former Chancellor Rishi Sunak, who finished second to Truss in this summer’s leadership election, are likely candidates for the top position. It’s also likely that Tom Tugendhat, Penny Mordaunt, and Kemi Badenoch will be in the running this summer. Suella Braverman, the former home secretary who was fired on October 19, might potentially be considered. Truss’ lack of political sense and understanding of economic reality ultimately proved to be his downfall. She started out to govern as though she had won an enormous mandate with a torrent of radical initiatives after narrowly securing the leadership without the support of the majority of MPs. She didn’t reach out to her opponents because she inherited a fragmented party and instead nominated loyalists to important positions. And when she finally made an effort to establish her authority within the group, she only served to incite its wrath. The biggest oversight of Truss’s time was the $50 billion ($45 billion) tax cut package she and Kwarteng devised and announced without any outside examination of how it would be paid for. This was done in the midst of the greatest inflation in forty years. The markets reacted angrily amid concerns that the greatest tax giveaway in 50 years went farther and faster than Truss had hinted during the leadership campaign and would hinder the fight against inflation and undermine the state finances. The Bank of England had to step in to stop a crucial segment of the pensions sector from collapsing as a result of the pound’s decline to an all-time low versus the dollar and the impending prospect of a rout in gilts. In an effort to undo the harm, Truss and Kwarteng first decided against eliminating the 45% income tax rate for the UK’s wealthiest earners. Later, on October 14, Truss fired Kwarteng and abandoned their scheme to freeze corporation tax for the following year. Three days later, Hunt largely dismantled what was left of the economic strategy, undermining the premier’s credibility. The ultimate humiliation occurred on Wednesday night as the beleaguered prime leader attempted to herd her Read More…
It was a heartbreak for the Indian women’s hockey team as it lost 0-3 in the shoot-out to four-time champions Australia after both the teams were tied 1-1 at the end of regulation time in the semifinal of the Commonwealth Games on Friday. Australia took the lead in the 10th minute through Rebecca Greiner before Read More…
Johnson & Johnson’s plant’s manufacturing licence is revoked by Maharashtra. Following the discovery of subpar baby powder samples, the Maharashtra Food and Drugs Administration revoked the licence of the Mulund facility in Thane. Maharashtra revokes the manufacturing permit for the Johnson & Johnson factory. The Mulund plant in Thane had its licence withdrawn by the Maharashtra Food and Drugs Administration because samples of baby powder were found to be of poor quality. According to the test, Johnson & Johnson’s baby powders had a pH value that was higher than the legal limit. As a result, the state’s product was no longer manufactured or distributed by the government. The skin of a baby and an adult are substantially different. The pH of newborn skin is just above neutral. Baby’s delicate skin might suffer major harm at any pH level below 5.5. The firm received a show-cause letter from the Food and Drug Administration, which resulted in Johnson & Johnson’s licence under the 1940 Drugs and Cosmetics Act being withdrawn. According to the Food and Drug Administration, however, the same organisation has contested the government’s conclusions in court without agreeing with them.
