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Showing posts from June, 2023

52 smallcap stocks offer double-digit returns in record-breaking week for markets

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Equity markets in India reached new records in the last week of June, ending the month with a 3.5% gain. The rally was supported by strong foreign institutional investor flow and positive sentiment from the advance of the southwest monsoon. Several smallcap and midcap stocks delivered double-digit returns. Analysts expect the upward trend to continue, and investors will be watching for economic data releases and insights from the US Federal Reserve's FOMC minutes going ahead. from Stocks-Markets-Economic Times https://ift.tt/tr6Ikqu

Wall St rallies; Nasdaq hits 40-yr milestone Apple scales $3 trillion

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Wall Street's major indexes closed higher on Friday, with the Nasdaq experiencing its biggest first-half gain in 40 years. Apple reached a market valuation of $3 trillion, while investors reacted positively to signs of cooling U.S. inflation. The Dow Jones, S&P 500, and Nasdaq Composite all registered gains. Technology stocks led the charge, with Microsoft, Nvidia, Amazon, and Meta Platforms also making significant gains. Small-cap stocks also attracted attention, with the Russell 2000 index recording its longest winning streak since early March. The US economy's strength and cooling inflation have boosted confidence in the Federal Reserve's ability to manage monetary policy. from Stocks-Markets-Economic Times https://ift.tt/dN8KkcD

Humiliating: Jeremy Clarkson column on Meghan was sexist regulator rules

The TV personality’s column in The Sun about Prince Harry’s wife became the most complained-about article, generating over 25,000 complaints from members of the public. from Sydney Morning Herald - World https://ift.tt/Iz9rX5J

Bolsonaro barred from holding public office in Brazil until 2030

Brazil’s federal electoral court voted to bar the country’s former president – who is a fan of former US president Donald Trump – from holding office for at least six years over his conduct during last year’s election. from Sydney Morning Herald - World https://ift.tt/mfk2aTE

Strong earthquake shakes Indonesias main island of Java

The quake killed one and damaged at least 93 houses, schools, health centres, and houses of worship and government facilities in Yogyakarta and its neighbouring provinces. from Sydney Morning Herald - World https://ift.tt/bP728nM

5.8 magnitude earthquake shakes Indonesia

A 5.8 magnitude earthquake shook parts of Indonesia’s main island of Java on Friday, damaging several buildings and prompting panic. from Sydney Morning Herald - World https://ift.tt/gtv7zax

Could Hunter Bidens threatening WhatsApp messages cost his father the White House?

Two days after pleading guilty to tax crimes, Hunter Biden walked into a state dinner at the White House. His presence didn’t go unnoticed. from Sydney Morning Herald - World https://ift.tt/0HPMSq3

Fintechs seek FLDG cover for co-lending deals too

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Fintech companies say that such an extension will allow more skin in the game and give banks the confidence to enter into more such tie ups. from Stocks-Markets-Economic Times https://ift.tt/ZihQq0k

IL&FS' stake sale in IPRWL to IndianOil Adani hits IOC hurdle

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This is the second time the sale of this distressed asset has encountered obstacles, following a Morgan Stanley-run fund's withdrawal from a deal to purchase it a year ago. from Stocks-Markets-Economic Times https://ift.tt/2T89BQa

What Catherine the Great tells us about Vladimir Putin today

The events of the past week suggests that Russian politics will henceforth resemble war: long periods of boredom, punctuated by moments of sheer terror. from Sydney Morning Herald - World https://ift.tt/fU2amB4

France braces for third night of riots as officer who shot teen dead is charged

Unrest has erupted for a third day over the deadly police shooting of a teenager of Algerian and Moroccan descent during a traffic stop in a Paris suburb. from Sydney Morning Herald - World https://ift.tt/ktwlA0D

Why is AI the future of trading in India?

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AI is revolutionizing the capital markets, leading the second wave of innovation in finance. Before AI, traders relied on stock analysts and media coverage for investment decisions. The rise of online trading platforms democratized the sector, eliminating high brokerage fees. Now, AI-powered trading platforms use advanced algorithms to analyze and predict stock market movements, providing valuable insights for investors. from Stocks-Markets-Economic Times https://ift.tt/C5B2Lfb

US Supreme Court guts affirmative action at universities sparking fears of less opportunity

Elite colleges and universities will no longer be able to consider race in student admissions after the nation’s top court ended the decades-old policy. from Sydney Morning Herald - World https://ift.tt/Co98dkP

Suffering for selfies? Meet the elephants that need your help

World Animal Protection reports there are 1,300 animals held captive in Bali’s tourism entertainment venues. Here’s how to have a holiday that doesn’t harm them. from Sydney Morning Herald - World https://ift.tt/NLu2VkO

Kremlin labels Sergei Surovikin prior knowledge of mutiny plans gossip

General Sergei Surovikin has not been seen in public since Saturday when he made an appeal for the mutiny to be called off. from Sydney Morning Herald - World https://ift.tt/rVEBFPo

Biden mistakenly says Putin losing war in Iraq

US President Joe Biden has accidentally mistaken the war in Ukraine for Iraq. from Sydney Morning Herald - World https://ift.tt/Jve2Mqz

The White Houses big mea culpa to the middle class

After believing for years that what an economy did – be it in trade, services or industry – “did not matter” so long as it grew, the White House now says this way of thinking was wrong. from Sydney Morning Herald - World https://ift.tt/vDRyElB

Sebi to strengthen investor grievance handling mechanism

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Sebi has decided to revamp its complaint redressal system in order to strengthen the investor grievance handling mechanism. Measures include linking the Sebi Complaint Redress System with the Online Dispute Resolution Mechanism and reducing timelines. Additionally, the board has approved amendments to regulations pertaining to Non-Convertible Debt Securities (NCDs), which will come into effect from January 1, 2024. Sebi hopes these measures will improve transparency and boost the corporate bond market. from Stocks-Markets-Economic Times https://ift.tt/Ze45sdc

Pieces of shattered Titan submersible brought ashore in Canada

Canadian and US authorities have in the past week announced investigations into the incident, which has raised questions about the unregulated nature of such expeditions. from Sydney Morning Herald - World https://ift.tt/0NLC5Aj

Sweden dumps renewables target as it seeks more nuclear power

The country has changed its legislated climate targets to 100 per cent “fossil-free” energy – meaning no coal or gas – by 2040 and carbon-neutral by 2045. from Sydney Morning Herald - World https://ift.tt/DyqhQ7X

India Inc exhibits viable debt servicing capacity despite higher borrowing costs

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Debt servicing capacity of manufacturing companies measured by interest coverage ratio (ICR) moderated to 7.3 in 2022-23 from 8.4 in 2021-22 due to a rise in interest expenses. But the metric was significantly higher than the minimum viable value of 1. from Stocks-Markets-Economic Times https://ift.tt/ce0ZQlu

Spider web of contrails force France to reveal hypersonic weapon test

Hypersonic gliders use a “boost-glide” launch system. First, a rocket propels the weapon into space before the payload glides back into the atmosphere to its target at hypersonic speed. from Sydney Morning Herald - World https://ift.tt/flor2Ce

US Teen shot in the head after ringing the wrong doorbell speaks out

Ralph Yarl, the Missouri teen who was shot in the head after ringing the wrong doorbell, has spoken out for the first time. from Sydney Morning Herald - World https://ift.tt/xPLZXBM

Shapoorji group entity's bond issue signals appetite from pvt credit funds

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Goswami Infratech, a company belonging to Shapoorji Pallonji group, has raised $1.74bn through the issue of zero-coupon bonds at a substantial yield of 18.75% for a period of two years and 10 months. The issue is rated BBB- by Care Ratings and has a put option at the end of December 2025 from Stocks-Markets-Economic Times https://ift.tt/be3qjYZ

Sebi asks CRAs to disclose about non-cooperating issuers

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India's capital markets regulator, Sebi, has asked credit rating agencies (CRAs) to make a daily disclosure of issuers that are non-cooperative with them. Sebi noted most of these entities were unlisted and small. from Stocks-Markets-Economic Times https://ift.tt/LPbeWBt

Germany offers to permanently station troops in Lithuania to strengthen NATOs eastern flank

Polish officials said they were tightening security along its border with neighbouring Belarus in response to the announcement that Yevgeny Prigozhin, would move there. from Sydney Morning Herald - World https://ift.tt/As7YXSk

Not aware of any subpoena to US investors regulatory checks a routine: Adani group

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Adani Group has denied knowledge of the US Securities and Exchange Commission subpoenaing its investors over representations made by the company to them following allegations by Hindenburg Research that offshore companies were used to manipulate share prices. The group added that its disclosures were public record, and that regulators frequently sought access to such material from Stocks-Markets-Economic Times https://ift.tt/OR6SNCt

Colorado Springs LGBTQ club mass shooter sentenced to life in prison

The guilty plea comes just seven months after the shooting that killed five people, and spares victim’s families and survivors a long and potentially painful trial. from Sydney Morning Herald - World https://ift.tt/FlK2Zxo

Go First lenders approve interim funding of Rs 425 cr

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GoFirst’s creditors have approved a business plan for revival of the airline. As part of the business plan, Go First’s RP has sought Rs 425 crore of interim finance. The airline, which filed for insolvency last month, told the regulator that it requires Rs 400 crore to resume flying from Stocks-Markets-Economic Times https://ift.tt/JK0jH1G

The Hajj pilgrimage

Muslim pilgrims converge on Mecca for one of the world’s largest religious gatherings. from Sydney Morning Herald - World https://ift.tt/9IMiyHe

Sebi likely to clear overhaul of MF fees stricter conduct code

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The capital markets regulator has proposed sweeping changes to the total expense ratio or TER - the annual fee that mutual funds collect from unit holders - that will result in the cost of investing their schemes declining. Some of these suggestions have met with strong opposition from mutual funds and intermediaries like distributors, who fear the moves would impact business in a big way. from Stocks-Markets-Economic Times https://ift.tt/GKQrHvY

Person killed several injured after roller coaster derails at Swedish amusement park

A roller coaster train derailed in Stockholm on Sunday, sending some passengers plunging to the ground in an amusement park accident that left one dead and nine injured. from Sydney Morning Herald - World https://ift.tt/pvxfdhU

Greeces conservatives win landslide election victory

Among the parties to enter parliament was a far-right party backed by a jailed former lawmaker from the Nazi-inspired, and now outlawed, Golden Dawn party. from Sydney Morning Herald - World https://ift.tt/ldMOf1K

Uncertainty gathers around Putin after aborted coup

Uncertainty is growing around the future of Russian President Vladimir Putin's leadership after the strongest challenge to his stranglehold on the country in 20 years. from Sydney Morning Herald - World https://ift.tt/DJ592nI

Why doubling down on Ukraine would be the worst outcome for Vladimir Putin

The short but epic advance on Moscow by a mercenary gang has significant implications for Russia, its leader, and the Ukrainian conflict. from Sydney Morning Herald - World https://ift.tt/QgADTwq

Canada investigates why Titanic-bound submersible imploded

The development comes as authorities from the US and Canada began probing the cause of the underwater implosion and grappled with questions of who was responsible for determining how the tragedy unfolded. from Sydney Morning Herald - World https://ift.tt/rcsUCRG

US officials saw signs of Russian military challenge

US intelligence officials believe that Yevgeny Prigozhin had been planning a major challenge to Russia's military leadership for quite some time. from Sydney Morning Herald - World https://ift.tt/7sUaoJu

Accenture's dismal Q3 adds to worries over Indian IT stocks

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Accenture's revenue growth guidance downgrade for fiscal year ending August 31 has increased caution toward the IT sector, particularly Indian IT companies. Morgan Stanley's note to clients shared that Accenture's results and commentary confirmed slowdown concerns. from Stocks-Markets-Economic Times https://ift.tt/Xl2IDGk

Complete madness: Why Titan was a tragedy waiting to happen

Frank Owen, one of Australia’s most experienced submariners, says it was complete madness to ignore previous accidents and knowledge that has been built up on how things can go wrong. from Sydney Morning Herald - World https://ift.tt/CgF3prk

No direct evidence COVID started in Wuhan lab: US intelligence report

The report said that while “extensive work” had been conducted on coronaviruses at lab there was no evidence of a specific incident that could have caused the outbreak. from Sydney Morning Herald - World https://ift.tt/ZmPV0ke

World of Photos - June 25th 2023

The best photos from the international wire agencies as chosen by our picture editors. from Sydney Morning Herald - World https://ift.tt/ZFwxAnb

What the Titan search could cost and who will pay for it

The search involved an international consortium of ships, aircraft and advanced technology, in what was widely believed to be a doomed expedition once contact with the craft was lost. from Sydney Morning Herald - World https://ift.tt/dcHwSqK

Russian generals accuse Wagner chief of mounting coup against Putin

The head of paramilitary group Wagner has raised the prospect of open conflict with Moscow as his feud with Russian military officials intensified. from Sydney Morning Herald - World https://ift.tt/E9qj42z

Musk and Zuckerberg agree to cage fight

Elon Musk and Mark Zuckerberg say they want to settle their differences in a cage fight. from Sydney Morning Herald - World https://ift.tt/dUTzvKD

James Cameron offers his thoughts on the submersible disaster

Director and explorer James Cameron has offered his thoughts on risks associated with deep sea exploration after the submersible disaster. from Sydney Morning Herald - World https://ift.tt/8bvrjTl

To extremes: Son builds $900000 Taj Mahal replica in mothers memory

The two-year construction involved hiring engineers and a local architect to design a building to carefully replicate the original Taj Mahal. from Sydney Morning Herald - World https://ift.tt/O6nPTUR

Scientist calls for shutdown of Titanic expeditions while Titan catastrophe is examined

Dr Michael Guillen made his Titanic descent in 2000 in a three-man scientific research vessel, and said he believes all tourism and scientific undersea submersibles should now be halted. from Sydney Morning Herald - World https://ift.tt/FaPVcjp

Five aboard missing sub believed dead

Five people who were aboard a submersible missing in the Atlantic are believed dead after a "catastrophic" implosion. from Sydney Morning Herald - World https://ift.tt/iZD6UqL

Beijings backflip over sugar apples signals a much bigger project

China’s 2021 ban on one of Taiwan’s major agricultural imports has been reversed just as Taiwan is heading into presidential election season. Here’s why. from Sydney Morning Herald - World https://ift.tt/MHT9kvE

2 entities offload 14% stake in Sansera Engineering for Rs 622 cr

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ICICI Prudential Mutual Fund (MF), Kotak Mahindra MF, SBI Life Insurance Company, Societe Generale, Public Sector Pension Investment Board, and International Monetary Fund, among others, were buyers of shares. from Stocks-Markets-Economic Times https://ift.tt/EeHljUB

Not the same as lying to him: Morrison defends keeping AUKUS secret from Macron

The French president was outraged in 2021 when he was only informed of the new alliance hours before the public announcement was made. from Sydney Morning Herald - World https://ift.tt/aVRvoCY

Power stocks shine amid market consolidation: Is it a cause for concern?

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Power stocks have been defying the downward trend of the overall market, surging to new heights due to their stability, the ongoing global shift towards renewable energy sources, and investor focus on environmental, social and governance (ESG) factors. The Government of India's ambitious target of achieving 450 GW of renewable energy capacity by 2030, coupled with initiatives such as the PM-KUSUM and Green Energy Corridor projects, have further contributed to this trend. from Stocks-Markets-Economic Times https://ift.tt/i0xeH7b

Titanic expedition company ignored calls to certify submersible amid safety fears

As the search for the missing Titan and its five passengers enters its third day, documents have placed OceanGate under fresh scrutiny. from Sydney Morning Herald - World https://ift.tt/xsVNzGU

Europes new economic security plan is aimed at the country whose name shall not be spoken

The European Commission this week unveiled a new economic security plan aimed at limiting its exports of strategic technologies to China while strengthening screening of sensitive in-bound investments to Europe. from Sydney Morning Herald - World https://ift.tt/TOQKoDu

How the Titanic shipwreck spawned a multi-billion-dollar obsession

Many have fallen under the spell of the sunken ship but as the missing sub reminds this week reminds us few have ventured to the depths below to see it. from Sydney Morning Herald - World https://ift.tt/1IueD2A

Russia has mined the cooling pond at Zaporizhzhia nuclear plant: Ukraine spy chief

The six-reactor complex, Europe’s biggest nuclear plant, has been under occupation since shortly after Moscow’s forces invaded in February last year. from Sydney Morning Herald - World https://ift.tt/4ohfHg9

40 hours of breathable air left: Rescuers yet to find missing Titan submersible

The Titan had been in the area to explore the wreckage of the Titanic, which sank on its maiden voyage in 1912. from Sydney Morning Herald - World https://ift.tt/0wegXZS

Ahead of Market: 10 things that will decide D-Street action on Wednesday

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Indian benchmark indices Sensex and Nifty closed higher on Tuesday, with Sensex gaining 0.25% to reach 63,323 and Nifty advancing 61 points to close at 18,816.70. All Nifty sectoral indices, other than pharma and media, ended in the green alongside broader markets. Global concerns were amplified as China cut interest rates, and investors await Powell's testimony to the US Fed in its July meeting, but the market was led by IT and Auto stocks' uptrend and increased fag-end buying in power and utilities shares. from Stocks-Markets-Economic Times https://ift.tt/FVAmtrD

The adventurous world of British billionaire Hamish Harding

The Cambridge-educated jet pilot, missing on the Titan submersible, holds 16 air speed records, including the world record for the fastest circumnavigation of the Earth. from Sydney Morning Herald - World https://ift.tt/fEauhml

Red lines long gone: Russia sought to kill defector in Florida

The clandestine operation, seeking to eliminate a CIA informant in Miami, represented a brazen expansion of Putin’s campaign of targeted assassinations. from Sydney Morning Herald - World https://ift.tt/8xdzhNi

Two multibagger stocks to trade ex-bonus this week. Do you own any?

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Indiamart Intermesh and Gulshan Polyols are set to trade ex-bonus this week. Indiamart has announced a bonus of shares to investors which will be credited to shareholders whose names appear on its register of members maintained by the company’s registrar. Gulshan Polyols has also declared a bonus issue of shares to investors. With both companies set to release bonus shares, it will help in increasing liquidity of the stock and gradually decrease the stock price. from Stocks-Markets-Economic Times https://ift.tt/5DyRzEq

Search underway for missing submarine viewing Titanic

A desperate search is underway after a vessel used to take tourists to see the wreck of the Titanic, went missing in the Atlantic Ocean. from Sydney Morning Herald - World https://ift.tt/lemA6dY

Theres hard and soft power. Then theres the kind Ukraine has in spades

Underestimating Ukrainian willpower is probably the single-greatest reason that so many experts were so wrong in their initial expectations. from Sydney Morning Herald - World https://ift.tt/jhe2uAC

IIFL Securities to appeal to SAT against SEBI order on onboarding new clients

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“It may be noted that the order does not affect the company’s existing business with the existing clients,” IIFL Securities said in an exchange filing. from Stocks-Markets-Economic Times https://ift.tt/qkHfUVN

Vedanta resources looks at refinancing brand monetisation for debt repayments

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To help tide over the repayment requirement, the percentage of royalty from Indian listed entity Vedanta Limited has increased from 2% to 3% starting this year. Also, Vedana Resources Ltd. (VRL) had informed investors earlier this month that it has entered into a similar royalty agreement with Hindustan Zinc and fixed the royalty percentage at 1.7%. from Stocks-Markets-Economic Times https://ift.tt/MQeqdsA

Images emerge of car laden with explosives on Ukraine dam before it blew up

As recently as the day before the structure’s June 6 collapse, Russians had set up a firing position inside the dam’s crucial machine room where the explosion originated. from Sydney Morning Herald - World https://ift.tt/iKpRMDa

Britain heading for mortgage catastrophe MP warns

Lucy Allan said on her website that she did not believe high mortgages were a price worth paying to bring inflation down. from Sydney Morning Herald - World https://ift.tt/J6xm5gE

Useless idea: Republican nominee loyalty pledge draws growing criticism

The RNC will require presidential candidates to pledge support to the party’s nominee, whoever that may be, if they want to take the stage at the first primary debate in August. from Sydney Morning Herald - World https://ift.tt/kYVoM4I

Completely out of order: UK minister sorry for lockdown-breaking party video

The issue of rule-breaking during COVID lockdowns helped bring down Boris Johnson and still hangs over the Conservatives and current Prime Minister Rishi Sunak. from Sydney Morning Herald - World https://ift.tt/YtmV02k

European capital confronts the ghost of its brutal Builder King

Brussels is intent on confronting its colonial history as the government embarks on a world-first program to make the city more inclusive and aware of its past. from Sydney Morning Herald - World https://ift.tt/spRfqBT

Rammstein frontman investigated over knockout drops sexual assault claims

At least half a dozen women have described a system where fans are recruited and pressured to have sex with the singer. from Sydney Morning Herald - World https://ift.tt/xCBwr83

Monsoon rains global cues FII flows to decide Dalal Streets fate this week

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Indian benchmark indices are approaching their all-time high levels and a new record may be achieved soon, says Sameet Chavan, head technical and derivative research, Angel One. Nifty50 is just 62 points away from its life high of 18,887.6 points, while the Sensex is 162 points away from its all-time high of 63,583.07 points. Investors will closely monitor the trend of global macroeconomic indicators, such as the Bank of England interest rates decision, and monsoon rains in India, to sustain this momentum. Foreign portfolio investments have also played a key role in sustaining the Indian market. from Stocks-Markets-Economic Times https://ift.tt/jEvArza

Harry and Meghan are f---ing grifters says Spotify executive

Bill Simmons, a senior podcasting executive at Spotify, has launched a rant at the couple after their deal ended last week. from Sydney Morning Herald - World https://ift.tt/XESYyVP

Prince William releases new family photo says he wants to help end homelessness

The heir to the throne revealed his bold ambition shortly after appearing with his father the King on horseback at Trooping the Colour. from Sydney Morning Herald - World https://ift.tt/imLeUl9

King Charles III rides on horseback in first official birthday parade

King Charles III revived a royal tradition by riding on horseback in the first Trooping the Colour of his reign. from Sydney Morning Herald - World https://ift.tt/1mvU4Mp

I smoked weed in New York. Legalise it but dont have high expectations

Almost 20 US states have made medicinal and/or recreational marijuana legal, but it’s made little difference to the injustices suffered by some. from Sydney Morning Herald - World https://ift.tt/TjDspJH

Despite sanctions Iranian oil quietly floods global market again

Rebounding sales are the most tangible sign yet that Iran is reasserting itself, repairing regional ties and even begun a tentative diplomatic engagement with Washington. from Sydney Morning Herald - World https://ift.tt/LtvsObK

Greg Norman wife sued for negligence linked to teens sexual assault claim

The lawsuit alleges a teen girl was served so much alcohol at Norman’s Florida home she became “incapable of standing on her own and was seen stumbling around the party”. from Sydney Morning Herald - World https://ift.tt/lx2pGyV

First person diagnosed with autism dies at 89

Triplett’s autism diagnosis arose from a detailed 22-page letter sent to a researcherm which remains a primary reference document for those who study the disorder. from Sydney Morning Herald - World https://ift.tt/SBA3WQs

Fox News producer behind Biden wannabe dictator headline fired

The producer, Alex McCaskill, confirmed his exit in an Instagram post. Fox News did not comment on Friday. from Sydney Morning Herald - World https://ift.tt/azcEuJR

Pentagon Papers whistleblower Daniel Ellsberg dies

Daniel Ellsberg, the US military analyst who leak the classified Pentagon Papers that revealed government deception about the Vietnam War, has died. from Sydney Morning Herald - World https://ift.tt/yzFuHRK

15 entities dupe investors to the tune of Rs 2.09 crore. Here's how

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The Securities and Exchange Board has fined multiple entities for impersonating a brokerage firm and creating artificial volumes in the Kapil Raj Finance scrip through SMS tips. The investigation found that at least 15 people had sent misleading messages between January and April 2018 in an attempt to benefit from the high trading volumes they induced in the stock price from Stocks-Markets-Economic Times https://ift.tt/Y2NDF4f

Three days of mourning in Greece for hundreds lost in migrant shipwreck

Rescuers scoured the seas off Greece on Thursday following the sinking of the vessel carrying an unclear number of migrants to Europe. from Sydney Morning Herald - World https://ift.tt/h3KP8ZM

Absolutely stunned: Tourist arrested for pushing two others into 50-metre ravine at German castle

The incident near the popular tourist attraction happened near the Marienbruecke, a bridge over a gorge close to the castle that offers a famous view of Neuschwanstein. from Sydney Morning Herald - World https://ift.tt/0pW8Ev3

A weapon against our interests: EU moves to ban Huawei ZTE from 5G networks

Australia banned Huawei from its 5G networks five years ago. The European Union is concerned its member states have been too slow to follow suit. from Sydney Morning Herald - World https://ift.tt/DUmVXGC

Trump verdict courts disaster no matter how it lands

Donald Trump is exactly where he works best: at the centre of the political conversation, railing against the elites who run a corrupt system designed to bring him down because they didn’t like his presidency. from Sydney Morning Herald - World https://ift.tt/bWK5Lno

Bain Capital sells 0.7% stake in Axis Bank for Rs 2178 crore 50 FPIs lap up shares

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It was the second time in less than a year that Bain Capital reduced its stake in the bank. Following the sale, Bain now holds around 1.3% stake in the bank's capital. Morgan Stanley, Goldman Sachs, Kuwait Investment Authority, Hartford and Nomura were among the domestic and foreign institutions that bought stakes as part of the block deal. from Stocks-Markets-Economic Times https://ift.tt/QFp4vDY

New video shows long-expected Ukrainian counter offensive starting

Russian forces shown making a stand against Ukrainian attacks in new video of counter offensive. from Sydney Morning Herald - World https://ift.tt/pmX21Tn

Migrant vessel sinks off Greece dozens dead hundreds feared missing

Authorities said the ship sank in a spot close to the deepest area of the Mediterranean Sea, and the depth could hamper any effort to locate a sunken vessel. from Sydney Morning Herald - World https://ift.tt/YvVGf2r

Fed holds rates steady sees two small hikes by end of year

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Combined, the rate outlook and the projections are likely to lead investors to expect a resumption of quarter-percentage-point rate increases beginning at the next policy meeting in July. from Stocks-Markets-Economic Times https://ift.tt/pD4YNf9

Vegetarian in a world of meat eaters: Germanys national security strategy slammed

Germany’s first national security strategy describes Russia as a threat and China as both a partner and competitor – and not everyone is happy. from Sydney Morning Herald - World https://ift.tt/zp1tuHm

Ahead of Market: 10 things that will decide D-Street action on Thursday

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Indian equity indices closed near record highs on June 16, helped along by a possible rate pause by the US Federal Reserve, favourable WPI inflation data and upbeat global investments. While metal pack led gains, sectors including private banking and financial services saw selling pressure. from Stocks-Markets-Economic Times https://ift.tt/0FySo9I

Malaysia asks Interpol to help track down NY comedian who made MH370 joke

New York-based Jocelyn Chia has stirred controversy after posting on social media a clip where she joked about the plane that went missing nine years ago. from Sydney Morning Herald - World https://ift.tt/Dug4hle

These 9 commodity stocks touch their new 52-week high; do you own any?

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During Tuesday's trading session, the Sensex benchmark index witnessed a rise of 418 points, closing at a notable 63,143 level.​ from Stocks-Markets-Economic Times https://ift.tt/zBfayow

Not guilty: Trump arraigned on federal criminal charges

The criminal charges pave the way for a potential trial in the middle of an election campaign and the possibility of a jail sentence for the former president. from Sydney Morning Herald - World https://ift.tt/9150jpT

Donald Trump arrives at Miami courthouse for historic appearance

Former US President Donald Trump is facing dozens of charges over classified documents found at his Mar-a-Lago estate in Florida. from Sydney Morning Herald - World https://ift.tt/L3XzgKn

MRF becomes the first stock to surpass Rs 1 lakh per share mark on Dalal Street

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from Stocks-Markets-Economic Times https://ift.tt/iKWf2U4

Black mother remembered after being shot to death in front of child by white neighbour

Neighbours said the neighbour frequently called children who played outside her home racial slurs and antagonised them. from Sydney Morning Herald - World https://ift.tt/UVK03ng

Biggest ever NATO air exercise begins in Germany in 'show of strength'

Giant NATO air drill starts in Germany as fighting in Ukraine intensifies. from Sydney Morning Herald - World https://ift.tt/L7zvEsV

Jupiter Wagons, Faze Three among top smallcap additions by MFs in May; Dollar Industries, Sirca Paints major exits

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Indian mutual funds purchased equities worth Rs 2,447 crore in May, compared to selling Rs 4,533 crore in April, according to IDBI Capital. In the small-cap sector, some of the major holdings added to portfolios include Jupiter Wagons, Nexus Select Trust, Carysil, Chennai Petroleum Corp and Faze three. In May, retail investors saw a halving of flows into equity mutual funds to Rs 3,240 crore, their lowest in six months, as investors booked profits due to a rise in markets and flows into debt schemes. from Stocks-Markets-Economic Times https://ift.tt/OxIJ9Ri

India’s booming and that’s excellent news for Australia

India has reached an inflection point and Australia – through improved bilateral political, strategic and demographic ties – looks set to benefit from its growing economic muscle. from Sydney Morning Herald - World https://ift.tt/AkecLjI

​Market Trading Guide: PVR Inox, HPCL among 6 stock recommendations for Tuesday

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from Stocks-Markets-Economic Times https://ift.tt/VUmvud7

Liquidity absorption toolkit comes to fore as RBI stresses on 'withdrawal'

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While the RBI has preferred Variable Rate Reverse Repo (VRRR) auctions to mop up excess liquidity, its toolkit includes options such as sales of government bonds, an increase in the Cash Reserve Ratio (CRR), the use of the Market Stabilisation Scheme (MSS) and foreign exchange swaps. from Stocks-Markets-Economic Times https://ift.tt/x7OF9pG

Ukrainian forces claim they've retaken village in counter offensive

Ukrainian soldiers say the have recaptured a village iin a counter offensive operation. from Sydney Morning Herald - World https://ift.tt/fQsAjGx

‘Kicking the enemy out’: Ukraine’s counteroffensive retakes three villages

The three settlements in the southeast are the first to be liberated since Ukraine’s launched its counter-offensive. from Sydney Morning Herald - World https://ift.tt/PgBcvEa

Major highway in the US collapses after a tanker caught fire

Highway in US state of Philadelphia collapses following tanker fire. from Sydney Morning Herald - World https://ift.tt/2xhdezN

UK police arrest former Scotland First Minister Nicola Sturgeon

Former Scotland First Minister Nicola Sturgeon arrested by police investigating governing party's finances. from Sydney Morning Herald - World https://ift.tt/U2Lzn15

In a flurry of moves, Saudi Arabia lays groundwork for its post-oil future

The kingdom is trying to talk a fine balance – keeping oil prices high, even as it looks to tip-toe away from an oil-dependent future. from Sydney Morning Herald - World https://ift.tt/sSyA2d3

Biden marks Pride Month with LGBTQ+ celebration at the White House

At what was described as the largest Pride event ever hosted at the White House, the President said, “I want to send a message to the entire community – especially to transgender children: You are loved.” from Sydney Morning Herald - World https://ift.tt/qpmMJcC

Man arrested after hopping into alligator enclosure

A man is accused of breaking into a Florida theme park, jumping into an alligator enclosure and filming a video for social media. from Sydney Morning Herald - World https://ift.tt/erthxUI

Volodymyr Zelensky says counteroffensive actions ‘taking place’

“They [the generals] are all in a positive mood. Pass that on to Putin,” he said with a smile, standing alongside visiting Canadian Prime Minister Justin Trudeau. from Sydney Morning Herald - World https://ift.tt/2m5EiYI

Ted Kaczynski, known as the Unabomber, dies in prison at 81

Convicted terrorist Ted Kazynski otherwise known as the 'Unabomber' has died in prison aged 81. from Sydney Morning Herald - World https://ift.tt/dMFx5va

Trump blasts federal indictment as ‘baseless’ in speech to Republicans in Georgia

Former President Donald Trump has blasted his historic federal indictment as “ridiculous” in his first public appearance. from Sydney Morning Herald - World https://ift.tt/v0TupAW

Ted Kaczynski, known as the Unabomber, found dead in prison cell

Theodore “Ted” Kaczynski, the Harvard-educated mathematician who ran a 17-year bombing campaign that killed three people and injured 23 others, died on Saturday. from Sydney Morning Herald - World https://ift.tt/lVE9N8F

‘A joy!’ Four missing Colombian children found alive weeks after plane crash

The president said the youngsters are an “example of survival” and predicted their saga “will remain in history”. from Sydney Morning Herald - World https://ift.tt/oZmzIPc

Netflix subscriptions surge after password crackdown

Netflix has seen a surge in subscriptions after cracking down on password sharing. from Sydney Morning Herald - World https://ift.tt/7HQpFOv

Boris Johnson quits as UK MP

Former UK Prime Minister Boris Johnson shocked Britain by quitting as a lawmaker after being told he will be sanctioned for misleading parliament. from Sydney Morning Herald - World https://ift.tt/m7SwVdk

Boris Johnson quits parliament ‘at least for now’

Former prime minister Boris Johnson said he was being forced out as part of an anti-Brexit witch hunt. from Sydney Morning Herald - World https://ift.tt/svh78Bi

Trump charged with 37 counts in classified documents case, indictment states

Former President Donald Trump lied and schemed and misled federal investigators, according to a bombshell 37-count federal indictment. from Sydney Morning Herald - World https://ift.tt/fBdYlWM

How Prince Harry’s memory fell apart on the witness stand

Prince Harry declared an all out war on the tabloid press with his court action but during an intense two-day hearing his recollections fell apart. from Sydney Morning Herald - World https://ift.tt/XoAgMIQ

Trump says he has been indicted for second time

The former US President says he’s been indicted on charges of mishandling classified documents at his Florida estate. from Sydney Morning Herald - World https://ift.tt/PhGRguc

Donald Trump says he’s been indicted in Mar-a-Lago classified documents probe

The former president’s lawyers have been told he is a target of the investigation, the clearest indication yet that criminal charges could be coming soon, from Sydney Morning Herald - World https://ift.tt/lwOgePi

What is Putin’s endgame? And why do Russians get poisoned? We explain

In these Explainers we’ve delved into the machinations of the Kremlin and Russia’s invasion of Ukraine, bringing context to the news and the people behind it. from Sydney Morning Herald - World https://ift.tt/xUzL2Bt

AUKUS faces first ‘critical hurdle’ in election-focused US Congress

Three months after AUKUS was unveiled in San Diego, a divided Congress stands between Australia and the first stage of the ambitious defence technology sharing pact. from Sydney Morning Herald - World https://ift.tt/L52UEGe

Six stabbed by knife-wielding man in France

Stabbing rampage in south-eastern France leaves four young children fighting for their lives. from Sydney Morning Herald - World https://ift.tt/ZNMyPTH

Jaiprakash Associates defaults on Rs 3,961-crore loans on May 31

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The loans pertained to various banks, and the nature of the obligation is fund-based working capital, non-fund-based working capital, term loans and FCCB (foreign currency convertible bonds). from Stocks-Markets-Economic Times https://ift.tt/dPw6XBr

Federal prosecutors tell Donald Trump he is target of investigation: reports

Trump is under investigation for allegedly concealing classified documents at his Mar-a-Lago home in Florida and allegedly taking efforts to stop federal authorities from finding them. from Sydney Morning Herald - World https://ift.tt/5bqzVah

Note from Washington DC: ‘End of days’ haze blankets America’s northeast

The wildfires in Canada have been burning for weeks sending smoke south of the border. Now, US states are cancelling events and issuing air quality alerts. from Sydney Morning Herald - World https://ift.tt/REJsyqP

Smoke alert for US cities as hundreds of wildfires burn in neighbouring Canada

More than 100 million Americans on alert over air quality from fires in neighbouring Canada. from Sydney Morning Herald - World https://ift.tt/3Iey45l

Ahead of Market: 10 things that will decide D-Street action on Thursday

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Equity markets in India ended the day strong anticipating dovish policy action by the RBI governor, extending gains to the fourth consecutive session to more-than-six-month highs. Consumer goods, metals and realty stocks contributed to the rise of the blue-chip Nifty 50 and Sensex, which rose 0.68% to 18,726 and 0.56% to 63,143 respectively. The participation of FIIs as net buyers and anticipation of a positive revision in the RBI's inflation forecast during ongoing MPC meeting also led to today's market rally. from Stocks-Markets-Economic Times https://ift.tt/9OcNeWm

Tim Smith travels to Kyiv, slams ongoing Australian embassy closure

The former Victorian state MP, who resigned amid a drink-drive scandal in 2021, made a surprise visit to Australia’s abandoned embassy, asking: “Where the bloody hell are we?” from Sydney Morning Herald - World https://ift.tt/J5AXr9N

In destroying Ukraine’s dams, Vladimir Putin follows in Josef Stalin’s footsteps

Regrettably, the deliberate demolition of dams in war is far from uncommon; this is not the first time Ukraine has suffered so devastatingly. from Sydney Morning Herald - World https://ift.tt/paORbeW

‘Environmental bomb’: Kakhovka dam destruction takes Ukraine war into uncharted territory

The floodtide inundating the region will prevent the use of heavy weaponry for at least a month, said one analyst, making Ukraine’s counteroffensive difficult. from Sydney Morning Herald - World https://ift.tt/VwU8kA9

Mass evacuations after breach of vital dam in Ukraine

Collapse of critical dam in Ukraine triggers mass evacuations. from Sydney Morning Herald - World https://ift.tt/U6u29bm

Ukrainian villagers flee after Nova Kakhovka dam floods war zone

Water flooded villages and towns as a massive dam on the Dnipro River that separates Russian and Ukrainian forces was breached, prompting finger-pointing from both sides. from Sydney Morning Herald - World https://ift.tt/qVrY6Uk

5 Adani group stocks settle in positive territory; Ambuja Cements stock jumps 4.54%

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Five out of ten Adani group stocks ended positively on Tuesday after the conglomerate announced that it had repaid loans totalling $2.65bn as part of its deleveraging programme. Adani Power, Adani Green Energy, Adani Ports, Ambuja Cements, and ACC all rose on the BSE, while shares in Adani Total Gas, Adani Wilmar, Adani Transmission and NDTV fell. The Adani Group has been seeking to win back investor trust after US short-seller Hindenburg Research published a report alleging accounting fraud and stock price manipulation. The group has denied all allegations. from Stocks-Markets-Economic Times https://ift.tt/yihWjkY

Sidbi’s Rs 300-cr fund for MFIs finds few takers

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Several NBFC-MFIs found the clauses attached for taking the funding support from Sidbi quite stringent. They believe the clauses may create roadblocks in raising fresh equity from new investors. One of the clauses says that NBFC-MFIs cannot take fresh equity capital at terms more favorable than those offered to Sidbi, unless such terms are approved by it. from Stocks-Markets-Economic Times https://ift.tt/Dh7Sqks

Adani Group repays loans worth $2.65 billion

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The prepaid loans include a margin-linked share-backed financing of $2.15 billion, which the company had paid off by March 12 before its March 31 deadline. The group had also prepaid $500 million of debt taken for the acquisition of Ambuja Cement along with $203 million interest in March. from Stocks-Markets-Economic Times https://ift.tt/knHTX4U

Robert F Kennedy jnr thanks Elon Musk ‘for rescuing US democracy’

At one point, in the bizarre Twitter discussion between the pair, Kennedy implied that COVID was not a real disease. “COVID was clearly a bioweapons problem,” he said. from Sydney Morning Herald - World https://ift.tt/atmSHns

‘Utter fake’: False Putin address tells Russians that Ukrainians have crossed border

The address said wrongly that martial law had been declared in border regions and a nationwide military mobilisation had begun for Russia’s war with Ukraine. from Sydney Morning Herald - World https://ift.tt/0W2nckG

First trillionaire on the planet will be someone solving climate problems: Zerodha founder Nithin Kamath

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from Stocks-Markets-Economic Times https://ift.tt/C4UyRdH

Democracies’ twin mission crystallises: A Russia defeated, a China deterred

As Ukraine looks to the west to bolster its fight with Russia, the rest of Europe is staring east to the Asia Pacific, fixing its gaze on China. from Sydney Morning Herald - World https://ift.tt/k28tGO7

Arise, Dame Jacinda: Former NZ prime minister awarded top honour

Jacinda Ardern has been made a Dame Grand Companion in the King’s Birthday Honours, particularly for leading her nation through a mass shooting and the pandemic. from Sydney Morning Herald - World https://ift.tt/lHdhNjG

Buying by promoters hints at likely upside for these stocks

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For instance, promoters of Dhampur Sugar bought 10.35 lakh shares of the company worth ₹22 crore in May. The company registered strong numbers for March, with revenue growing 43% year-on to ₹759 crore and EBIDTA margin rising by 100 bps to 13.8%. It has also reduced debt consistently in the last four years from ₹1,824 core in FY18 to ₹744 in FY23. from Stocks-Markets-Economic Times https://ift.tt/nzTu7XM

Pro-Ukraine group of Russian fighters captures soldiers to send to Kyiv

The group of Russian partisans said it had captured several soldiers during a cross-border raid into southern Russia. from Sydney Morning Herald - World https://ift.tt/r9z2u6m

Two-year-old Ukrainian girl killed in latest missile attack near Dnipro

Ukraine officials say two-year-old girl was killed in latest Russian missile attack. from Sydney Morning Herald - World https://ift.tt/9uxK5cF

Prince Harry to take witness stand in court fight against tabloid

It will be the first time a senior royal has given evidence in a court since Edward VII testified as a witness as part of a divorce case in 1870. from Sydney Morning Herald - World https://ift.tt/1p5ZMqh

Kevin Rudd shows Pride as dark clouds shadow rainbow celebrations

Just as Stonewall marked a turning point for LGBTQ civil rights in the US, the country now faces what President Joe Biden describes as “another inflection point”. from Sydney Morning Herald - World https://ift.tt/HqGwu1f

Putin’s exploits as KGB ‘super spy’ likely an exaggeration, investigation finds

A German magazine has taken a closer look into the Russian president’s murky Cold War career with the KGB. from Sydney Morning Herald - World https://ift.tt/YoFmbR6

Gallery: The best photos from around the world

The best photos from the international wire agencies as chosen by our picture editors. from Sydney Morning Herald - World https://ift.tt/9IY4Djr

Bible banned from US schools ‘due to vulgarity, violence’

The decision comes as conservative parent activists have sought to sow alarm about how sex and violence are talked about in schools. from Sydney Morning Herald - World https://ift.tt/iQZ6SUH

Republican presidential hopeful speaks of ‘aligning with Russia’; her teams says it was a mistake

Nikki Haley served the Trump administration as United Nations ambassador and is now seeking the Republican presidential nomination. from Sydney Morning Herald - World https://ift.tt/2jkl63m

India train crash kills over 280, injures 900 in one of nation’s worst rail disasters

Two passenger trains have derailed in India, killing more than 280 people, in one of nation’s worst rail disasters. from Sydney Morning Herald - World https://ift.tt/E9S2JMO

‘Ripper day for a run’: An Australian’s mission to jog around the world

After a 7300-kilometre journey filled with hurricanes, blizzards and searing heat, Tim Franklin became the first Australian to run from the west coast of the United States to the east coast. from Sydney Morning Herald - World https://ift.tt/IlfS1Ta

Google reversal will now permit 2020 US election lies on YouTube

The platform said it will stop removing content that falsely claimed elections were marred by “widespread fraud, errors or glitches”. from Sydney Morning Herald - World https://ift.tt/40lMKVy

Latvia’s first openly gay president tells youth to ‘break glass ceiling’

The nation of about 1.9 million people ranks among the worst places in Europe to be an LGBT citizen in terms of legal rights, according to an index by an advocacy group. from Sydney Morning Herald - World https://ift.tt/07Q9IXR

Trump in hot water over missing classified document

Donald Trump is in hot water over a classified document about Iran that cannot be found. from Sydney Morning Herald - World https://ift.tt/eUduYZ9

From beautiful landscapes to psychedelic fun houses: Santa Fe’s surprises

New Mexico’s arty desert vibes, West Virginia’s rapids, Canada’s northern lights: North America’s travel hits from Good Weekend’s 2023 Dream Destinations issue. from Sydney Morning Herald - World https://ift.tt/4N1r2qu

Father Brennan tells Albanese and Dutton to find common ground on Voice

One of the Catholic Church’s leading proponents of the Voice says the PM and the opposition leader bear responsibility for the tone of the debate. from Sydney Morning Herald - World https://ift.tt/lxnJAwz

Passenger train derails in India, killing dozens and trapping many others

Two passenger trains derailed in India on Friday, killing at least 50 people and trapping hundreds of others inside damaged coaches, officials said. from Sydney Morning Herald - World https://ift.tt/P0brha6

Nifty Midcap 100 hits new high; experts see 25% rally

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The index has gained 5% in the last six months and 20% in the last one year compared to Nifty's -1.7% and 12% returns during these periods. The ratio line of the Nifty Midcap 100 to Nifty 500 index has also recorded a breakout from five years of consolidation. This, according to analysts, indicates an acceleration of upward momentum in the broader market. from Stocks-Markets-Economic Times https://ift.tt/nq1turQ

Vedanta parent raises $450 million from two rivals

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The money from Trafigura will be used to make debt repayments of $150 million to Oaktree, a research report issued by Nomura stated. The loan from Glencore, reported in stock exchange disclosures, was raised by pledging 4.4% of listed Vedanta Ltd. from Stocks-Markets-Economic Times https://ift.tt/vEXrQkZ

RBI resumes variable rate reverse repo operations

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The RBI said it will conduct a 14-day VRRR auction worth ₹2 lakh crore on June 2 from 10:30-11:00 am IST. The date of reversal of the VRRR is June 16. from Stocks-Markets-Economic Times https://ift.tt/VA9tP0I

The Philippines fishing boat, China’s water cannon ‘bullying’ and the South China Sea

Amid growing tension in the contested waters, Australia is considering joint maritime patrols with the Philippines. But would it be viewed by China as provocative? from Sydney Morning Herald - World https://ift.tt/Zm89jVL

Biden trips and falls during military graduation ceremony

US President Joe Biden took a hard fall at a military graduation ceremony. from Sydney Morning Herald - World https://ift.tt/fQZxgb0

Joe Biden trips on stage after speech at US Air Force Academy

The US president was helped up by an air force officer and two members of his US Secret Service detail. from Sydney Morning Herald - World https://ift.tt/FUf23ok

The prime minister’s biggest moment on the world stage has arrived

Anthony Albanese has top billing among a chorus of heavy hitters from around the globe at Asia’s premier security meeting, the Shangri-La Dialogue. from Sydney Morning Herald - World https://ift.tt/dFb4xvL