Skip to main content

Weekly Update: July 26, 2021 - July 30, 2021

Being good in business is the most fascinating kind of art.
Making money is art and working is art, but good business is the best art.

Andy Warhol
(August 06, 1928 - February 22, 1987; American Artist, Film Director, and Producer)

Let's start!

Here's a Fun Fact that you may not, or may, know: The discovery of dark chocolate dates back to 1910. Since then, it has been serving several health benefits like reducing blood pressure, reducing stress, and preventing memory decline.

Dark Chocolate
Image Credit: Medical News Today

The roasted beans of the cacao tree are used to prepare the dark chocolate. Having one bite of dark chocolate everyday is considered to be healthy.


July 26, 2021 (Monday)
:::The number of Corona Cases across India were as follows:
Confirmed - 3,14,11,262
Recovered - 3,05,79,106
Deceased - 4,20,967

:::According to a study conducted by Gaya Herrington, a researcher at KPMG International, a study based in 1972 that predicted the collapse of human society in the next twenty years is about to become a reality. The 1972 study was conducted by the Massachusetts Institute of Technology (MIT). The conclusion of that study is predicted to become a reality by 2040. Gaya Herrington concluded her study after analyzing ten key variables. Some of the variables that she studied were population, industrial output, fertility rates, pollution level, and food production.

Gaya Herrington, KPMG
In Pic: Gaya Herrington; Image Credit: KPMG

The report written by Gaya Herrington has been published in the Yale Journal of Industrial Ecology.

:::According to a report by Hindustan Times, around 3,760 buses of Delhi Transport Corporation have been declared overage. A bus is declared overage after it completes eight years of continuous running on the road. Out of 3,760 overage buses, 32 buses are 8-10 years old, 3,072 buses are 10-12 years old, and 656 buses are more than 12 years old.

Buses of Delhi Transport Corporation
Image Credit: India Today

The report by Hindustan Times also revealed that the average number of trips per day has reduced to 30,000 as compared to 33,497 in 2015-2016.

July 27, 2021 (Tuesday)
:::The number of Corona Cases across India as reported on Aarogya Setu App were as follows:
Confirmed - 3,14,40,951
Recovered - 3,06,21,469
Deceased - 4,21,382

:::Puri, a city in Odisha, became India's first city to have safe drinking tap water. The announcement was made by the Government of Odisha. The Government also announced that safe drinking tap water would be available every day for twenty-four hours. This has been achieved as a part of the Odisha Government's Sujal-Drink From Tap Mission.

Puri, a city in Odisha, became India's first city to have safe drinking tap water.
Image Credit: Moneycontrol

As a part of this mission, the Government has also installed drinking water fountains at four hundred places. This move has been taken to eliminate plastic water bottles.

:::The police arrested three men from Tamil Nadu for allegedly extorting money from victims. The three men would tell their victims that were caught watching porn related to sexual violence & pedophilia and were required to pay a fine of ₹3,000/- otherwise, their computers would be blocked. To make the payment, the men made a UPI QR Code available in the spam message. The accused who have been arrested are Gabriel James, Ram Kumar, and Veal Pon. Veal Pon was the mastermind of this criminal activity. The police have seized their twenty bank accounts and are working to return the money to every victim.

Cyber Crime
Image Credit: The Economic Times

The accused have reportedly extorted over ₹30 lakhs from more than one hundred victims.

July 28, 2021 (Wednesday)
:::The number of Corona Cases across India were as follows:
Confirmed - 3,14,84,605
Recovered - 3,06,63,147
Deceased - 4,22,022

:::The valuation of Gupshup crossed $1.4 billion after it raised $240 million. Gupshup is a 16-years young business messaging platform. The funding round witnessed the participation of investors like Tiger Global Management and Fidelity Management & Research, to name a few.

The valuation of Gupshup crossed $1.4 billion after it raised $240 million.
Image Credit: Webex App Hub

The funds that have been raised will be used to buy back shares before the company launches its IPO next year.

:::Antony Blinken, the US Secretary of State, announced the assistance of $25 million to India for its COVID-19 vaccination drive. The assistance from the United States of America (USA) is expected to assist India in strengthening its vaccine supply chain logistics, addressing misinformation, vaccine hesitancy, and helping to train more health care workers.

Antony Blinken
In Pic: Anthony Blinken; Image Credit: The Economic Times

The assistance of $25 million by the USA is in addition to the assistance of $200 million that it previously provided to India.


July 29, 2021 (Thursday)
:::The number of Corona Cases across India as reported on Aarogya Setu App were as follows:
Confirmed - 3,15,28,114
Recovered - 3,07,01,612
Deceased - 4,22,662

:::Devdutt Padikkal became the first 21st century born Indian cricketer to represent Team India. He made his debut in the second T20 International that was played against Sri Lanka on July 28, 2021. Devdutt Padikkal is 21-years young. He was born on July 07, 2021. The record was previously achieved by Mujeeb Ur Rahman, a player of the Afghanistan Cricket team in 2017. He remains the first male cricketer born in the 21st century to represent his country in an international match.

Devdutt Padikkal
In Pic: Devdutt Padikkal; Image Credit: BCCI

Other Indian players who made their debut in the second T20 international match against Sri Lanka were Ruturaj Gaikwad, Chetan Sakariya, and Nitish Rana.

:::Raj Singh Gehlot was arrested by the Enforcement Directorate for allegedly defrauding a bank loan worth ₹200 crores. Raj Singh Gehlot is the Chairman and Managing Director of Gurugram-based Ambience Mall. He has also been accused of raising Ambience Mall over 18.98 acres of property that was illegally converted from a residential property to a commercial property.

Raj Singh Gehlot, Ambience Mall
Image Credit: The Print

The order to probe the case was given to the Central Bureau of Investigation (CBI) by the Punjab & Haryana High Court.

July 30, 2021 (Friday)
:::The number of Corona Cases across India were as follows:
Confirmed - 3,15,72,344
Recovered - 3,07,43,972
Deceased - 4,23,217

:::Rodrigo Duterte, the President of the Philippines, restored the Visiting Forces Agreement (VFA) with the United States of America (USA). The VFA allows the American troops to stay temporarily in the Philippines and participate in war drills & exercises with Philippine troops. The restoration of the VFA comes as a result of the continuous tension between the Philippines and China over the disputed water in the South China Sea.

Rodrigo Duterte, the President of the Philippines, restored the Visiting Forces Agreement (VFA) with the United States of America (USA).
Image Credit:

The restoration of VFA was announced by Delfin Lorenzana, the Defense Secretary of the Philippines.

:::The fortune of Kim Beom increased by 90% and touched the mark of $6 billion. This has made him the richest person in South Korea. His fortune rose as a result of the increase in the price of his company's shares. Kim Boem is the Founder of Kakao Corp., a South Korea-based messaging company. He is one of the self-made technology entrepreneurs of South Korea.

Kim Beom
In Pic: Kim Beom; Image Credit: The Giving Pledge

According to the Bloomberg Billionaires Index, his net worth now stands at $13.5 billion.


That is all for this week.

Do share this blog with everyone you know. You can connect with me on Instagram @sachdev_ankur.

I hope that the blog was useful and it helped you in catching up with what happened this week. If you have anything to contribute, then please feel free to comment. Do share this blog with everyone you know and help them too.

*Disclaimer: The information has been presented in this blog after reviewing various news articles. In case you find any article, or if you have any article, that states some facts differently, then share them in the comment section. Please keep the publishing date of the article in mind as it may be an update on the article which was published previously, or it may contain outdated information if it was published before the date mentioned in this blog. The blogger is not responsible for any transaction that happens between the reader and the brand.


Popular Posts

New Address Updated As On November 15, 2021

Hi, Kindly note that we have shifted to a new website. You can stay updated with our latest blog posts at . We are working to migrate the entire content to the new site. A lot of the content has already been migrated, with rest of it lined-up to be completed as soon as possible. Updated As On November 15, 2021 We are starting to remove the content from . This includes only the content that has been migrated to . Regards Ankur Sachdev

Weekly Update: December 21, 2020 - December 25, 2020

If you are not living your best life, then you need to examine not only the things that are getting in your way, but also the reasons why you are letting them. -Domonique Bertolucci (1970; Australian Life Coach) Personal note: Kindly show your support to this blog on Patreon at . Let's start! Did you know , that moon experiences moonquakes just like earth experiences earthquakes? According to U.S Geological Survey (USGS), moonquakes occur due to tidal stresses that is connected to the distance between the Earth and the Moon. Image Credit: Romolo Tavani/Shuttershock Moonquakes, however, are less common and less intense than earthquakes. December 21, 2020 (Monday) :::The number of Corona Cases were as follows: Confirmed - 1,00,55,560 Recovered - 96,06,111 Deceased - 1,45,810 :::Maruti Suzuki began to assemble the 3-door version of Jimmy SUV in its Gurugram Plant. The company has allotted an assembly line that is similar to the one that is use