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Explained: What is currency manipulation, and why has US put India on its currency watchlist? The designation of a country as a currency manipulator does not immediately attract any penalties, but tends to dent the confidence about a country in the global financial markets. Written by Prabha Raghavan , Edited by Explained Desk | New Delhi | Updated: December 23, 2020 12:14:20 pm Currency manipulation is when a country is artificially lowering the value of its currency to gain an unfair advantage over others. (Bloomberg Photo: Dhiraj Singh, File) ...

Britain and Erasmus The UK is currently listed as a non-EU programme country on the Erasmus website, and is described as “a participating country during the transition period, until 31 December 2020”. As per the EU-UK Withdrawal Agreement, which came into force on February 1 this year, the UK will continue to derive benefits from the EU funding programmes, such as Erasmus, as long as those programmes last– even if that date exceeds the duration of the Brexit transition period, which ends on December 31, 2020. As per a report in The Independent, there is still funding for Erasmus at the...

Explained: How Banksy’s artwork led to a surge in property value of a house in Bristol The artwork work, dubbed by the artist as "Aachoo!!", depicts a woman in a headscarf sneezing and her dentures flying into the air. Written by Vandana Kalra , Edited by Explained Desk | New Delhi | Updated: December 23, 2020 12:25:33 pm A new street artwork entitled 'Aachoo!!' by Banksy is seen in Totterdown, Bristol, Britain December 11, 2020. (Reuters Photo: Rebecca Naden) Less than a month after a Banksy painting titled ‘Bird with Grenade’ sol...

Explained: In US survey, over half are unwilling to take vaccine under emergency approval White respondents were more likely than Black respondents to be willing to get the vaccine, either under emergency use authorisation or under regular approval by the FDA. December 16, 2020 8:52:37 am Health care workers prepare to test motorists for COVID-19 at a testing site outside McCoy Stadium in Pawtucket, R.I. (AP/File) The United States recently gave first Covid-19 vaccine to receive such authorisation. But will Americans be willing to take it — or any other...

Congress: A blow, more worry A worrying trend: Congress-led UDF, which won 19 seats out of 20 in the Lok Sabha elections, has done well only in municipalities, winning 45 bodies out of 86. In the last civic body elections of 2010 and 2015, the verdict was against the incumbent ruling front; subsequently, in the Assembly elections of 2011 and 2016, the opposition won. With Assembly polls looming, these trends will worry the Congress. KC(M) exit blow: The UDF failed to anticipate the damage Jose K Mani, son of the late K M Mani, would do. Jose’s rival in Kerala Cong (M), P J Joseph, failed ...