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Showing posts from July, 2023

Bank lending up 16.3% in June: Indians in the mood to buy drive credit growth

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In aggregate terms, bank loans advanced 16.3% in June. Retail loans climbed more than a fifth on year, supported mainly by home and vehicle loans, the latest central bank data showed. Bank loans to non-bank lenders climbed, and so did the disbursements to large companies. from Stocks-Markets-Economic Times https://ift.tt/S3op15J

‘We made a mistake with Russia’: EU chief in Asia trade mission

In her first visit to the Philippines, European Commission President Ursula von der Leyen pledged to restart negotiations on a trade deal as China’s actions in the South China Sea rattle the region. from Sydney Morning Herald - World https://ift.tt/NimCELn

As the Pope heads to Portugal, he lays the groundwork for church’s future and his legacy

Francis seems aware that he has limited time to solidify changes he believes necessary for the 21st century church – and where better to display them than a World Youth Day. from Sydney Morning Herald - World https://ift.tt/4Smf3cL

Almost 100 companies on watch list for cocaine imports into Australia

Investigators believe about 1000 individuals could be involved in helping organised crime gangs import record amounts of cocaine and other illegal goods into Australia. from Sydney Morning Herald - World https://ift.tt/WzX8x4h

Jio moment in AMC business might need a different playbook

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As Ambani’s Jio Financial and US-based BlackRock, the world’s largest asset manager, team up to take on India’s asset management industry’s well-entrenched incumbents, corporate watchers are wondering whether this is the Jio Moment for the asset management space. While the scope for Jio BlackRock is immense, it will require more than just repeating the playbook Reliance used in telecom and retail to replicate that success. from Stocks-Markets-Economic Times https://ift.tt/ZB9E25R

Burger king: Prince William serves up ‘Earthshot’ food to surprised diners

The object for William was to raise the profile and work of three previous Earthshot prize winners. from Sydney Morning Herald - World https://ift.tt/1pvQE3S

Sea ice melting in Antarctica

Scientists are warning about the effects of falling sea ice levels. from Sydney Morning Herald - World https://ift.tt/DX59mP7

Bilingual road signs in NZ spark debate

Right-wing parties claim bilingual road signs will jeopardise road safety. from Sydney Morning Herald - World https://ift.tt/oqeSKWQ

Does rupee cost averaging really work for SIP beyond a point? Rethink your strategy

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Rupee cost averaging, the cornerstone of Systematic Investment Plans (SIPs), may not remain effective in optimizing returns as accumulated amounts grow. The impact of regular SIP contributions on a larger portfolio tends to dilute, reducing the effectiveness of the strategy. Additionally, constantly relying on SIPs may lead to missed opportunities to make lump-sum investments during market downturns that could yield higher returns in the long run. from Stocks-Markets-Economic Times https://ift.tt/5D2Vuli

Colombian president’s son arrested in money-laundering inquiry

The leftist president tweeted that he was “hurt” by the prospect of his son going to jail, but assured that prosecution of the case would proceed freely without government intervention. from Sydney Morning Herald - World https://ift.tt/tGR96Eh

Man questioned after US teenager reappears four years after she went missing

Garrett Smith, who lives in the apartment next to the one that was searched, said that for at least a year Alicia Navarro had lived there with the man who was questioned. from Sydney Morning Herald - World https://ift.tt/HbJsuv6

Twitter, now X, reinstates Kanye West’s account

The platform had suspended the musician in December after a swastika post – one of several antisemitic comments he made last year that cost him numerous business deals as well. from Sydney Morning Herald - World https://ift.tt/tRq9Ss1

North Korean leader flanked by Russian, Chinese delegates at missile parade

Kim Jong-un’s biggest weapons were saved for the end: new ICBMs that were flight-tested recently and demonstrated ranges that could reach deep into the US mainland. from Sydney Morning Herald - World https://ift.tt/1CL8du6

Fireworks warehouse explosion kills nearly a dozen people

Nearly a dozen killed after explosion at fireworks warehouse in Thailand. from Sydney Morning Herald - World https://ift.tt/7NfLabu

Tomato trouble: Economists suggest RBI to keep tight leash on inflation

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"Most economists pointed out that the near-term CPI would likely be higher due to vegetable prices, but fourth quarter inflation could print in line with the RBI's forecast. The broad feedback was that the RBI should maintain the current stance and the "hawkish" hold for now," the source said. from Stocks-Markets-Economic Times https://ift.tt/Eai2lAn

'Lenders creating hindrance in Jet Airways revival'

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The counsel for State Bank of India(SBI) , one of the lenders of Jet Airways, on the other hand, said the consortium had not infused any funds in the airline and had not complied with any of the conditions laid down by the National Company Law Tribunal order for the transfer of ownership. from Stocks-Markets-Economic Times https://ift.tt/iY1cOMS

How dangerous is it having Europe’s largest nuclear reactor in the middle of a war zone?

The Zaporizhzhia power plant has become a chess piece in the Kremlin’s illegal invasion of Ukraine, a prized chip it is unwilling to relinquish. from Sydney Morning Herald - World https://ift.tt/GTs8VJ3

Niger coup mastermind goes on TV to declare himself new leader

It is the seventh military takeover in West and Central Africa in less than three years with Niger seen as the West’s most stable ally in an unstable region. from Sydney Morning Herald - World https://ift.tt/ZrbA07e

Govt allows direct listing by Indian cos on foreign exchanges; what does it mean for India Inc?

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"A direct listing of securities by domestic companies will now be permissible in foreign jurisdictions…This will facilitate access to global capital and better valuation,” says Finance Minister Nirmala Sitharaman While speaking at the launch event of AMC Repo Clearing and a corporate debt market development fund on Friday from Stocks-Markets-Economic Times https://ift.tt/uc87L0Y

ACC not to conduct independent probe into Hindenburg allegations

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The cement maker, India's oldest manufacturer of the commodity, said that based on the review of independent law firms hired by the Adani Group, and the pending outcome of regulatory investigations into the matter, ACC has decided to not carry out any separate independent probe. from Stocks-Markets-Economic Times https://ift.tt/SnG6W7J

Detained after mutiny, Niger’s president vows democracy will prevail, Wagner takes notice

Wagner’s head Yevgeny Prigozhin has weighed in, describing the coup in the African nation as part of Niger’s fight against the ‘colonisers’. from Sydney Morning Herald - World https://ift.tt/AcuGmRl

‘Our South! Our Guys!’ Ukraine recaptures Staromaiorske village in southeast, says Zelensky

Ukraine has committed thousands of troops in the region in recent days as part of a long-awaited counteroffensive to reclaim territory. from Sydney Morning Herald - World https://ift.tt/VSqsMmb

With Russia and China off limits, I went to the country sandwiched between them

Mongolia has managed to carve out a proud democratic identity over just three decades, despite its precarious position between two great authoritarian powers. from Sydney Morning Herald - World https://ift.tt/ZsdeUrp

ET Market Watch: Sensex down 440 pts, Nifty at 19,700 level

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

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/ewpqXdD

Former US military members testify at UFO Congressional hearing

Former US military members have testified that the US is concealing a longstanding program that retrieves unidentified flying objects. from Sydney Morning Herald - World https://ift.tt/ehW6lOo

Zelensky hints war turning in Ukraine’s favour as 1700 drones join fight

Ukraine’s deputy defence minister reported advances towards the southern occupied cities of Melitopol and Berdyansk after earlier difficulty making progress. from Sydney Morning Herald - World https://ift.tt/v7Ifzcb

In stunning reversal, Hunter Biden pleads guilty to tax evasion as House Republicans eye impeachment

In a dramatic twist, the judge raised concerns about the scope of the deal - and whether it included ongoing investigations, such as potential violations of the Foreign Agents Registration Act. from Sydney Morning Herald - World https://ift.tt/97vYQjn

Fed raises interest rates, leaves door open to another hike

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The rate hike, the Fed's 11th in its last 12 meetings, set the benchmark overnight interest rate in the 5.25%-5.50% range, and the accompanying policy statement left the door open to another increase. from Stocks-Markets-Economic Times https://ift.tt/MGSJXDF

Top of New York City crane crashes into street, injuring six

Six people were injured when the top portion of a construction crane caught fire and crashed into a Manhattan street during the morning rush hour. from Sydney Morning Herald - World https://ift.tt/zHuMn7N

Plane fighting Greek island wildfire crashes killing both pilots, Italian blaze turns deadly

Summer wildfires blamed on climate change have also struck other Mediterranean countries, leaving at least 34 people dead in Algeria and two people dead in southern Italy Tuesday. from Sydney Morning Herald - World https://ift.tt/btX6ljo

US airlines shares hit turbulence on Alaska's dour forecast, RTX engine problem

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Investors have been on the guard after U.S. inflation data in July showed a third consecutive monthly decline in fares, with prices dropping at their fastest pace since February 2021 from Stocks-Markets-Economic Times https://ift.tt/BfhND4T

Key Assange supporter says Wikileaks founder could cut deal to secure freedom

Labor MP Julian Hill says he is concerned that some supporters of Julian Assange would rather he were a martyr than free. from Sydney Morning Herald - World https://ift.tt/ZRtgpIP

Greta Thunberg fined in Swedish court

Climate change activist Greta Thunberg speaks after she was fined in a Swedish court. from Sydney Morning Herald - World https://ift.tt/wK0QjIG

New Twitter logo revealed

Twitter CEO Elon Musk has revealed the new logo for the social media platform with the company's San Francisco headquarters lit up with a giant X. from Sydney Morning Herald - World https://ift.tt/XBR5JOd

Gift Nifty registers $8.5 billion turnover on Monday

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Trading turnover on NSE IX has been growing exponentially since the commencement of the full-scale operation of NSE IX-SGX GIFT Connect from SGX to NSE IX on July 3 from Stocks-Markets-Economic Times https://ift.tt/OiIe32k

Spandana Sphoorty Q1 Results: Interest income more than doubles to Rs 493 crore

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The asset under management for Spandana jumped 60% to Rs Rs 8,848 crore while gross non-performing assets ratio fell to 1.63% at the end of June from 2.07% three months prior to this. Net NPA stood at 0.49%. from Stocks-Markets-Economic Times https://ift.tt/zQ2kfxb

Greece 'at war' with fires

Greece is "at war" with fires breaking out across the country, and difficult days ahead. from Sydney Morning Herald - World https://ift.tt/GTzFxZv

Mukul Agrawal slashes holding in Newgen Software. Picks up stake in this multibagger

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The investor has picked up 1.34% stake amounting to 11,26,765 equity shares in Zen Technologies during the reported quarter from Stocks-Markets-Economic Times https://ift.tt/SWmgyOL

‘Outrageous destruction’: Russian missile slams UNESCO-protected cathedral

Worshippers wept and prayed at Odesa’s historic Transfiguration Cathedral, which was damaged in missile blasts that killed at least one person and wounded 22 others. from Sydney Morning Herald - World https://ift.tt/mhPSnfF

Spain’s rightwing party ahead in election tally but remains short of majority

The People’s Party was poised to win 136 parliamentary seats in the 350-seat lower house, as a hung parliament approaches. from Sydney Morning Herald - World https://ift.tt/hQsa628

‘UN pls help’: Cambodia PM Hun Sen’s party claims landslide win in unopposed election

Prime Minister’s CPP, a political behemoth with a vast war chest, faced no viable opponent after a ruthless, years-long crackdown on rivals. from Sydney Morning Herald - World https://ift.tt/z48wP5E

‘Blown out of proportion’: How Robert Oppenheimer knew the atomic bomb test wouldn’t end the world

The long, strange history of what came to be known as the “atmospheric ignition” scenario has been distorted over the years, and the movie distorts it further. from Sydney Morning Herald - World https://ift.tt/S62aUNh

‘Rome Process’: Georgia Meloni forges grand plan to tackle illegal migration

Participants from more than 20 countries agreed to make funding available to support development projects in what the Italian PM said would last for several years. from Sydney Morning Herald - World https://ift.tt/kiBntVY

How a tweet about the Voice became part of a Chinese influence campaign

The tweet from the son of a former Liberal premier seemed innocuous enough at first. from Sydney Morning Herald - World https://ift.tt/ALdpWaE

‘We need each other’: Chief EU diplomat confident of trade deal with Australia

Stefano Sannino says the EU and Australia are becoming even closer and Taiwan is Europe’s business. from Sydney Morning Herald - World https://ift.tt/XdQ7rxc

Fed, Netflix earnings cast clouds over 2023’s tech-stock surge

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Next week, around 170 companies in the S&P 500 Index, representing 40% of its market capitalization, are set to post results, including tech bellwethers Microsoft Corp., Meta Platforms Inc. and Google parent Alphabet Inc. And on Wednesday, after the Fed announces its latest decision on interest rates, Chair Jerome Powell will provide clues on whether investors were correct to wager that its expected quarter-point rate hike will be its last from Stocks-Markets-Economic Times https://ift.tt/g5dnpEL

Netanyahu rushed to hospital as thousands protest his controversial reforms

The Israeli prime minister was having an emergency procedure to implant a pacemaker, plunging the country deeper into turmoil following widespread protests. from Sydney Morning Herald - World https://ift.tt/uTFJd1a

Tourists forced to flee as fire rages on Greek island

Coastguard vessels and private boats evacuated thousands of people from beaches on the island of Rhodes were fires raged for a fifth straight day. from Sydney Morning Herald - World https://ift.tt/ritaRFC

Thousands evacuated from homes and hotels as wildfires spread in Greece

Thousands have been evacuated from homes and hotels as wildfires spread across the Greek island of Rhodes. from Sydney Morning Herald - World https://ift.tt/i8EUgIL

Setting a date: Minister gets UK high-speed rail lesson in what not to do

High-speed rail will happen by the time the minister responsible is 80, Labor’s Catherine King has vowed. from Sydney Morning Herald - World https://ift.tt/gVuYM5S

Kidnapped American teen rescued after using ‘help me’ sign

The 13-year-old girl was kidnapped at gunpoint, with the accused telling her he could take her to a cruise ship so she could go visit a friend in Australia. from Sydney Morning Herald - World https://ift.tt/3q2jpSE

Berlin lioness believed to be boar

Authorities determined there is “no acute danger” to people in Berlin from a lioness after it’s believed the animal spotted was a wild boar. from Sydney Morning Herald - World https://ift.tt/Kfoy8iR

Business lobby warns Australia risks falling behind as US mounts green revolution

Business Council chief executive Jennifer Westacott says Joe Biden’s historic climate change bill has changed the economic landscape and Australia must now act. from Sydney Morning Herald - World https://ift.tt/UvEYIgk

Judge sets Trump trial date

A judge has ordered the classified documents case against former US President Donald Trump begin in May 2024. from Sydney Morning Herald - World https://ift.tt/WXpY17K

Board of pencil maker DOMS approves IPO

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Fabbrica Italiana Lapis ed Affini (Fila), the Italian pencil manufacturer, has announced plans for an IPO for its Indian subsidiary, DOMS, with the IPO due to take place later in 2019. Fila plans to offer €90m in share capital to investors, while still remaining the largest shareholder in the company. from Stocks-Markets-Economic Times https://ift.tt/MqxU2LE

‘I might die or be murdered’: The province fearing it will be wiped out by Beijing

Inner Mongolians fear their home is the next Xinjiang, the Chinese province that has seen minorities facing re-education camps and round-the-clock surveillance. from Sydney Morning Herald - World https://ift.tt/KN8lkfI

World of Photos - July 22, 2023

The best photos from the international wire agencies as chosen by our picture editors. from Sydney Morning Herald - World https://ift.tt/QyXMH0T

Former NZ deputy Prime Minister slams justice system after shooting

A former NZ deputy Prime Minister has slammed justice system after the Auckland shooting. from Sydney Morning Herald - World https://ift.tt/3wzdN5J

Russia escalates bombing of Ukraine ports, hits China’s consulate

Since quitting the grain deal, Moscow has rained missiles down nightly on Ukraine’s two biggest port cities, Odesa and Mykolaiv. from Sydney Morning Herald - World https://ift.tt/kW7CUF2

‘It’s a start’: British bank apologises to Nigel Farage for closing account

The scandal has attracted the scrutiny of the financial regulator, and on Thursday prompted the UK Treasury to push out new rules that it says will protect free speech. from Sydney Morning Herald - World https://ift.tt/vBZnCDP

Life and investment lessons from chess

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With its origins dating back nearly 1500 years, chess is the only board game that stood the test of time. It is believed by many that Chess originated in India. It was known as ‘Chaturang’, named after the four parts of an army namely the elephants, chariots, horsemen and foot soldiers. from Stocks-Markets-Economic Times https://ift.tt/THNg6us

New Zealand Prime Minister addresses Auckland shooting

New Zealand Prime Minister Chris Hipkins confirms three dead in Auckland shooting from Sydney Morning Herald - World https://ift.tt/UalRv8P

Auckland CBD worker describes moment on shooting

An Australian woman working in Auckland's CBD has told Today what it was like the moment a shooting occurred on a nearby building site. from Sydney Morning Herald - World https://ift.tt/nLqTfid

Multiple shots fired in Auckland city centre

Witnesses reported that two men wielding shotguns entered a construction building at approximately 7.20am local time. from Sydney Morning Herald - World https://ift.tt/ENDW8OM

‘Welcome guys!’ Prigozhin re-appears in public as MI6 says ‘deep fractures’ in Russian elite

In a rare public outing, the head of MI6 said Prigozhin’s mutiny was difficult for UK intelligence “to try and interpret”. from Sydney Morning Herald - World https://ift.tt/5bRGptT

The EU wanted to hire one of America’s top economists; Macron had other ideas

Plans to lure top US economist Fiona Scott Morton to Brussels hit a snag when the French president took aim at her US nationality. from Sydney Morning Herald - World https://ift.tt/7UA4nYR

L&T Finance Q1 Results: Profit more than doubles to Rs 531 crore

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Revenue from operations during the reporting quarter jumped 8% to Rs 3,223 crore as against Rs 2,988 crore clocked in the previous year quarter. The company said it has achieved "Lakshya 2026 goal" of over 80% retailisation three years in advance. from Stocks-Markets-Economic Times https://ift.tt/4Gl7Ybo

Police search house over 1996 Tupac killing

There has been a new development in the long-unsolved killing of rapper Tupac Shakur. from Sydney Morning Herald - World https://ift.tt/mnoTM48

‘Devastating’: Andrews government assured us on event, says Commonwealth Games Federation chief

Commonwealth Games Federation had “entered into a contract” with Victoria to deliver the games and would be seeking suitable compensation. from Sydney Morning Herald - World https://ift.tt/AaNEU1m

Rescued sailor reaches dry land

Tim Shaddock, who was stranded at sea for months, is now back on dry land. from Sydney Morning Herald - World https://ift.tt/0xPfHqN

Stocks exchanges revise enhanced surveillance measure framework

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ESM rules were introduced on June 4 for highly volatile micro-small cap companies with a market cap of less than Rs 500 crore. Many investors complained that they could not exit these stocks as they are traded once a week. A company Mercury EV Tech has challenged the new rule at the Securities Appellate Tribunal (SAT). from Stocks-Markets-Economic Times https://ift.tt/XbQC8j4

Network18's Q1: Revenue up 142% due to IPL

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Viacom18, a company in which Network18's subsidiary TV18 holds a 13.54% stake, has digital rights to the IPL. In the same quarter of the previous fiscal year, the company recorded revenue of Rs 1,340 crore. The company reported an operating loss of Rs 84 crore for the quarter, compared to a profit of Rs 46 crore a year ago. from Stocks-Markets-Economic Times https://ift.tt/Fb0xCl6

Clarios ARBL sells entire 14% in Amara Raja Batteries via block deal; Kotak MF, Societe Generale pitch in as buyers

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According to bulk deal data available with the exchanges, Clarios ARBL has offloaded about 2.39 crore shares in the company at a price of Rs 652.9. According to latest shareholding data, the company is majority owned by public shareholders at 71.94% stake, while promoters own the rest 28.06%. from Stocks-Markets-Economic Times https://ift.tt/8M02GwU

Sebi, exchanges ease trading rule for stocks under enhanced surveillance framework

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Under the existing ESM framework rule, stocks were allowed to trade only once a week. However, trading in them will now be allowed on all days, the exchanges said in a circular. from Stocks-Markets-Economic Times https://ift.tt/RUi8QNG

Judge rules 'thumbs up' emoji legally binding

A farmer in Canada ended up paying $66,000 after sending emoji to a text about a sale. from Sydney Morning Herald - World https://ift.tt/0aGjnRV

New drug hailed in Alzheimer's fight

A new drug has been hailed as a turning point in the fight against Alzheimer's disease. from Sydney Morning Herald - World https://ift.tt/WbaA4Xv

Albanese, unlike Keating, believes NATO ties serve Australia’s interests

The global and regional are inseparable, the prime minister argues, and Australian governments need to work at both levels simultaneously. from Sydney Morning Herald - World https://ift.tt/RVpCLJk

LTIMindtree Q1 Results: Profit rises 4% YoY to Rs 1,151 cr, misses estimates; revenue up 14%

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from Stocks-Markets-Economic Times https://ift.tt/risyCI9

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

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The S&P 500 and the Dow edged up on Monday, as investors awaited quarterly results from industry heavyweights through the week, while Apple and Tesla boosted the tech-heavy Nasdaq. Second-quarter earnings are gathering momentum, with Tesla due to report on Wednesday, while Bank of America , Morgan Stanley, Goldman Sachs and Netflix are also lined up through the rest of the week from Stocks-Markets-Economic Times https://ift.tt/lIatW29

IIFL Home Finance raises $50 million loan from DFC

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The fund was raised at a concessional 5.72% rate, which includes the hedging cost, IIFL Home Finance chief executive Monu Ratra told ET. Its average cost of funds is 8.4%. The deal marks the growing confidence shown by overseas investors on India's affordable housing space, which is growing rapidly with government focus. from Stocks-Markets-Economic Times https://ift.tt/DvGrPip

BBC needs to ‘stand up for itself’ in wake of Huw Edwards scandal: Tony Blair

The former Labour prime minister said that while from “time to time” the BBC would face scandals he supported an “important British institution”.  from Sydney Morning Herald - World https://ift.tt/tx7F9wg

Russia-Ukraine Black Sea grain export deal set to expire today

The last ship to travel under a UN-brokered deal that allows the safe Black Sea export of Ukrainian grain left the port of Odesa on Sunday. from Sydney Morning Herald - World https://ift.tt/YdzlRh7

Casualties mount as Russia does ‘everything they can’ to stop counteroffensive: Zelensky

The Ukrainian President has emphasised the gruelling nature of the counteroffensive, which is moving more slowly than some allies had hoped, as more Wagner mercenaries arrived in Belarus. from Sydney Morning Herald - World https://ift.tt/WvJrZyb

British defence secretary warns of Cold War in Pacific by 2030

Ben Wallace said he was concerned about Chinese President Xi Jinping’s desire to take Taiwan, which he said “was not a secret”, and warned it would have disastrous consequences. from Sydney Morning Herald - World https://ift.tt/ybRDGWN

Suspect in serial killer investigation led a life of chaos and control

If convicted, Rex Heuermann would join the ranks of killers who led double lives. While some neighbours saw him as a commuter in a suit, others found him a figure of menace. from Sydney Morning Herald - World https://ift.tt/WdNzOgI

Monsoon rains trigger lethal floods and landslides in South Korea

At least 26 people are dead and 10 others missing as South Korea’s Interior Ministry says the rainfall is expected to intensify in coming days. from Sydney Morning Herald - World https://ift.tt/aAFecKk

Europe sizzles through a heatwave – and it’s only going to get worse

Fifteen cities in Italy were under heat advisories signalling a high level of risk for older adults, the infirm, infants and other vulnerable people. from Sydney Morning Herald - World https://ift.tt/0qLgwQo

Israeli PM feels 'good' after rushed to hospital for dehydration

Israeli Prime Minister Benjamin Netanyahu feels "very good" after he was rushed to the hospital. from Sydney Morning Herald - World https://ift.tt/GZJy0sX

Cops use DNA from pizza to arrest man over Gilgo Beach serial killings

Cops use DNA from pizza to arrest Rex Heuermann over the Gilgo Beach serial killings from Sydney Morning Herald - World https://ift.tt/PdAsSE7

A $5 billion gamble? Casino to land in Gulf state where gambling is outlawed

Gambling is still prohibited in the UAE under Islamic law, an offence punishable by heavy fines or up to two years prison, and casinos are not legal – yet. But regulatory change is afoot, as a desert island prepares for a luxury gaming resort. from Sydney Morning Herald - World https://ift.tt/74MWu8t

‘A demon’: New York architect charged in serial killer investigation

Police have been investigating a long unsolved string of 11 killings known as the Gilgo Beach murders. Their breakthrough came from a discarded pizza box. from Sydney Morning Herald - World https://ift.tt/23lKoza

Australia on track for exemption to accelerate AUKUS nuclear subs deal

In a boost for the Albanese government, the $368 billion plan to bolster Australia’s defences in the Indo-Pacific has moved a step closer to reality. from Sydney Morning Herald - World https://ift.tt/OisrkAl

‘Always a problem if you blindside people’: Wong’s mission to win over South-East Asia

The foreign minister has led efforts to convince countries in the region of the merits of the AUKUS submarines deal in her first year in the job. from Sydney Morning Herald - World https://ift.tt/FRNOqIP

US approves ‘Opill’, the first over-the-counter birth control pill

The move could significantly expand access to contraception. The pill is expected to be available in early 2024. from Sydney Morning Herald - World https://ift.tt/517eVA2

‘Blindfolded’: Britain’s China strategy savaged in far-reaching report

The House of Commons Intelligence report described Britain’s university sector as “rich feeding ground for China to achieve political influence in the UK”. from Sydney Morning Herald - World https://ift.tt/oTQhtul

‘Surreal’: Huw Edwards was secretly investigated by BBC reporters before scandal erupted

BBC News alleged that two employees, one current and one former, had come forward with claims that Edwards had sent them “inappropriate messages”. from Sydney Morning Herald - World https://ift.tt/hDq2BXi

‘Stab in the back’: General Spartacus’ dismissal shows new crack in Russian military leadership

On analyst noted that Major General Ivan Popov’s statement echoed criticism of the top brass by Yevgeny Prigozhin. from Sydney Morning Herald - World https://ift.tt/aWPl0Dg

Hollywood actors to strike at midnight, joining writers on picket lines

Hollywood has not faced simultaneous strikes since 1960, when members of the WGA and the Screen Actors Guild both walked off the job. from Sydney Morning Herald - World https://ift.tt/qThF0v9

Biden hits out at ‘irresponsible’ US Senator for blocking military promotions over abortion

The US president has accused Republican senator Tommy Tuberville of threatening national security and has urged the Republican Party to take a stand. from Sydney Morning Herald - World https://ift.tt/9vNSIsV

Reward points and freebies push credit card spends to record levels

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Average monthly spending through credit cards has doubled in three years from Rs 60,000 crore a month in FY'19-20 to Rs 1.2 lakh crore a month in FY'22-23. from Stocks-Markets-Economic Times https://ift.tt/nyVcpbf

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/2ro5af1

‘Personal lives played out in public’: BBC restarts inquiry into Huw Edwards

The broadcaster admitted this week that it had failed to alert Edwards to the fact that a complaint had been made about him. from Sydney Morning Herald - World https://ift.tt/ih9KG3V

Fox News sued by Trump supporter who Tucker Carlson accused of inciting January 6 riot

Tucker Carlson told viewers that Ray Epps was “the central figure” in the riot and “helped stage-manage the insurrection,” the suit says. from Sydney Morning Herald - World https://ift.tt/J2bHpIq

Huw Edwards named as BBC presenter at centre of explicit photo scandal

BBC news anchor Huw Edwards has been named as the mystery presenter at the centre of allegations he paid a teen for explicit photos over a number of years. from Sydney Morning Herald - World https://ift.tt/YqNWT5g

RBI governor asks banks to remain extra careful and vigilant, focus on governance

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Governor Shaktikanta Das discussed issues relating to strengthening credit underwriting standards, monitoring of large exposures, implementation of External Benchmark Linked Rate (EBLR) guidelines, bolstering IT security and IT governance, improving recovery from writtenoff accounts, and timely and accurate sharing of information with credit information companies. from Stocks-Markets-Economic Times https://ift.tt/HuItKOd

​These 4 stocks form bullish engulfing pattern; indicate positive trend​

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

‘Very serious’: British public rocked by BBC presenter claims

The scandal at the BBC has dominated national newspapers and television bulletins since it broke on Friday night. from Sydney Morning Herald - World https://ift.tt/Z1U5wBc

US senator blocks hundreds of military promotions over reproductive rights

A Republican Senator is blocking the promotions due to his objection to the Pentagon allowing women to take leave or travel if they need an abortion. from Sydney Morning Herald - World https://ift.tt/byLgfO1

PE inflows plunge 61% to $6.1 bn in Jan-Jun; lowest since 2020

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Despite the funding winter in the space, startups continued to attract the largest share of private equity capital, which in absolute terms was a steep 69 per cent decline year-on-year. from Stocks-Markets-Economic Times https://ift.tt/Ip5HUYQ

Julian Assanges wife coy on plea deal: The priority is for him to be freed

Stella Assange said their priority remains convincing US President Joe Biden to drop the case against the WikiLeaks founder. from Sydney Morning Herald - World https://ift.tt/CJFgybE

BSE unveils new logo on the occasion of 149th foundation day

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BSE celebrated its 149th foundation day and launched a new logo expressing prosperity, vibrance, growth, new beginnings, trust, and responsibility. The blue color in the logo signifies knowledge, integrity, and trustworthiness, which BSE has built up over 149 years, while the flame color ranges from deep red to deep orange and transforming itself into bright yellow from Stocks-Markets-Economic Times https://ift.tt/I6vWxlG

A $7.5 billion futures trade has a tepid start post shift to India

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The trading of Indian stock futures on the NSE International Exchange at GIFT City in Gujarat, which was formerly traded on the Singapore Exchange, has struggled. The average number of contracts for GIFT Nifty was 32,934 in the week up to July 7. This is lower than SGX Nifty's 60,884 future contracts traded in April, May and June on SGX. from Stocks-Markets-Economic Times https://ift.tt/d8gpzRu

Public sector banks likely to be the stars of Q1 show

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"We expect banks under coverage to report nearly 60% on-year earnings growth led by 35% year-on-year operating profit growth and 20% YoY decline in provisions," said MB Mahesh, executive director at Kotak Securities. "We expect solid net interest income growth at 22% on the back of 16% YoY loan growth. We don't expect discussions on asset quality to emerge this quarter as well, as the portfolio appears to be holding up well across banks and product portfolios." from Stocks-Markets-Economic Times https://ift.tt/AKvGN6m

Mumbai police may tap Sebi for details on FMC Ex-chief Ramesh Abhishek's actions

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The Mumbai Police may approach India's Securities and Exchange Board to enquire about the former Forward Markets Commission chairman Ramesh Abhishek's role in the 10-year-old ₹5600 crore National Spot Exchange payment crisis. The police are seeking to establish if the capital-markets regulator's investigation revealed any alleged act of deliberate omission, commission, or negligence on Abhishek's behalf. from Stocks-Markets-Economic Times https://ift.tt/XoqQOzm

Shriram Housing Finance raises $50 m in first overseas borrowing

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The mortgage lender, which is part of the Shriram Group, has raised the fund from Canara Bank's London branch at 200 basis points over Secured Overnight Financing Rate (SOFR), a company official said. The fund was raised for three years. The overall cost with one-year hedging cost has come around 8.4%, the official said. This is in line with the company's average borrowing cost of 8.5%. One basis point is 0.01 percentage point. from Stocks-Markets-Economic Times https://ift.tt/n7UPaN8

Meteor fragments 'could be alien technology'

Harvard professor Avi Loeb believes he may have found fragments of alien technology from a meteor that landed in the waters off of Papua, New Guinea in 2014. from Sydney Morning Herald - World https://ift.tt/eXwu4DG

Investigating swiftly: BBC suspends presenter over alleged teenager photos scandal

The broadcaster said it first became aware of a complaint in May, but new allegations of a different nature were made to it on Thursday, and it had informed “external authorities”. from Sydney Morning Herald - World https://ift.tt/fcw1B5v

White House facing criticism for sending cluster munitions to Ukraine

The White House is facing criticism for its decision to send cluster munitions to Ukraine. from Sydney Morning Herald - World https://ift.tt/yPzKL9r

Six killed in small plane crash near US airport

Six people have died in a small plane crash in Southern California. from Sydney Morning Herald - World https://ift.tt/Y8eXJck

A German county just elected its first far-right candidate since the Nazi era. Locals are worried

A far-right party under surveillance for extremism just won a seat in a German county. Experts and lawmakers are worried. from Sydney Morning Herald - World https://ift.tt/Ka9lvGW

SBI among 6 largecap stocks that closed above VWAP for 3 days signalling bullish trend

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from Stocks-Markets-Economic Times https://ift.tt/7ph4KMs

Poland moves troops to border NATO turns summit into fortress but Wagner base empty

Concerns are growing that the presence of Wagner mercenaries in Belarus could destablise the region but Belarus says the rebels have yet to arrive. from Sydney Morning Herald - World https://ift.tt/MqI8NlE

Man charged after two bodies found in different storage units

Police are trying to determine if a man could be linked to any other missing people after finding two women's bodies in different US storage units. from Sydney Morning Herald - World https://ift.tt/UcOQ7yP

Ukraine vows not to use cluster bombs in Russia ahead of NATO summit

President Joe Biden has defended what he said was a “difficult decision” to provide cluster munitions to Ukraine, ahead of a key NATO summit. from Sydney Morning Herald - World https://ift.tt/frFNCpT

Australia should build its own nuke school says navy chief

Vice Admiral Mark Hammond says Australia needs a nuclear power school if the country wants to be less reliant on the US. from Sydney Morning Herald - World https://ift.tt/Q6f1OJU

Bank borrowings jump to 8-month high in mid-June

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In the week ended June 16, bank borrowings were at Rs 5.05 lakh crore, the highest sum since the fortnight ended October 21, Reserve Bank of India data showed. The figures for the week ended June 16 marked the first time since early April that bank borrowings topped the Rs 5 lakh crore mark. from Stocks-Markets-Economic Times https://ift.tt/xENTap6

Going broke and sinking Nauru wants to mine the ocean floor

Nauru’s economic lifeline is running out, it wants a shot at collecting the rare minerals we need to transition to net zero emissions, but environmentalists say deep sea mining will also harm the environment. from Sydney Morning Herald - World https://ift.tt/mSG7eC3

Canadian court give thumbs up to claim emoji counts as contract agreement

A run-of-the-mill contract dispute in rural Canada has yielded a unique legal precedent for the internet age from Sydney Morning Herald - World https://ift.tt/UGapHMf

Dutch government collapses over immigration policy

Already home to one of Europe’s toughest immigration policies, the crisis was triggered by a push to further reduce the inflow of asylum seekers. from Sydney Morning Herald - World https://ift.tt/yJUciqP

America doesnt want Biden or Trump but one of them will win in 2024

US voters would prefer younger options for president than Joe Biden and Donald Trump, yet the reality is that Biden remains the Democrats’ best hope. from Sydney Morning Herald - World https://ift.tt/LkJ14BR

India growth a catalyst local arms trump MNCs

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Growth visibility has done enough to burnish the allure of these stocks with investors - both at home and overseas. It is no wonder, therefore, that the India-listed stocks of these MNCs trade at premium valuations relative to their parent entities beset with inevitable growth challenges that mature markets present. from Stocks-Markets-Economic Times https://ift.tt/LJ8TbgU

RBI governor stresses on fiscal consolidation

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"He emphasized on the need for the states to focus on fiscal consolidation, improving quality of expenditure and other issues related to the fiscal health of states such as contingent liabilities/guarantees, etc," the RBI said in a release. from Stocks-Markets-Economic Times https://ift.tt/nKDJqS6

Student jailed for life over murder of his Spanish teacher

US student Willard Miller was sentenced to life in prison after killing his Spanish teacher with baseball bat over a bad grade. from Sydney Morning Herald - World https://ift.tt/RzrnFWs

Despite his legal woes Trumps campaign gathers more than $52 million

Meanwhile, Joe Biden has been touting his so-called “Bidenomics” agenda, focusing on growing the economy by investing in the middle class, ahead of the 2024 campaign. from Sydney Morning Herald - World https://ift.tt/rEpxbnG

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/2ajoD5A

Wagner boss back in Russia Belarus president says

Belarus president Aleksandr Lukashenko says Wagner mercenary boss Yevgeny Prigozhin has returned to Russia. from Sydney Morning Herald - World https://ift.tt/tJ1D9vP

Ive reported on gun violence in the US for more than a year and I just cant get used to it

This year alone there have been 21,928 firearm related deaths in the US, at least 355 of them part of a mass shooting. from Sydney Morning Herald - World https://ift.tt/kULOWQY

US-based FII sells stake in Piramal Enterprises via block deal

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According to data available with the exchanges, Smallcap Fund Inc has offloaded 23.92 lakh shares or 1% stake in the company. New Fund World has also offloaded 1.45% stake in Piramal in the transaction, which was executed at Rs 941 apiece. Tata MF, Societe Generale, Morgan Stanley, Goldman Sachs, Citigroup, BoFA Securities are buyers from Stocks-Markets-Economic Times https://ift.tt/bgJyRvu

HDFC Bank IndusInd report strong loan growth but CASA deposits lag

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HDFC Bank's total deposits increased 19% to ₹19.13 lakh crore but the bank's CASA deposit growth was much slower at 11%. More importantly, the bank's CASA ratio has fallen to 42.5% in June 2023 from 44.4% in March 2023. Similarly, IndusInd Bank's loan book increased 21% to ₹3.01 lakh crore in June 2023 from ₹2.47 lakh crore a year ago. from Stocks-Markets-Economic Times https://ift.tt/S0YVax5

Charles is crowned again but in a less friendly setting this time

The King has taken part in a second ceremony in Scotland that bore all the regal trappings of a coronation, if not the same legal status. from Sydney Morning Herald - World https://ift.tt/9dw6qp3

Prominent Russian journalist brutally beaten by masked attackers

Elena Milashina and lawyer Alexander Nemov were attacked in Chechnya by 12 assailants who beat them with clubs and put guns to their heads. from Sydney Morning Herald - World https://ift.tt/xs75J9B

AI girlfriend encouraged crossbow intruder to kill Queen Elizabeth

An intruder who broke into the grounds of Windsor Castle as part of a plot to kill the late Queen will be the first person sentenced for treason in more than 40 years. from Sydney Morning Herald - World https://ift.tt/yH4mFQB

Ukraine Russia accuse each other of planning nuclear plant attack

Ukraine and Russia are pointing the finger at each other over alleged plans to attack one of Europe's largest nuclear power plant with explosives. from Sydney Morning Herald - World https://ift.tt/Hs6hSym

HDFC Bank to replace HDFC in FTSE All-World index July 13; HDFC to exit all indices

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HDFC Bank will remain a part of the FTSE MPF-All World, FTSE Global Large Cap, and FTSE Emerging indices, while HDFC will be deleted from these indices from Stocks-Markets-Economic Times https://ift.tt/uFHg8by

HSBC opens its private banking business in India again

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India surpassed the UK as the world's fifth largest economy in 2022 and is expected to overtake Japan and Germany by 2027-28 according to the UN department of economic and social affairs. The bank quoted a Knight Frank wealth report which said that the number of ultra high net worth individuals in India with more than $30 million to invest will increase 58% by 2027. from Stocks-Markets-Economic Times https://ift.tt/Fu8UzDA

Video shows shark swimming near crowded beach

A shark was spotted swimming near the shore of a crowded beach in Navarre, Florida. from Sydney Morning Herald - World https://ift.tt/KkrFRYN

South Korea made everyone younger but it cant reverse its ageing population

Kim Dong-woo was 31 last week. Now, the Seoul-based entrepreneur is 29. from Sydney Morning Herald - World https://ift.tt/PscJyOM

White powder that shut down part of the White House identified as cocaine

The Secret Service confirmed that an “unknown item” had been found that led to part of the White House being closed. from Sydney Morning Herald - World https://ift.tt/8WawJ5B

Judge restricts Biden officials from contact with social media sites

The order is a win for Republicans who had sued the Biden administration, saying it was using the threat of COVID misinformation as an excuse to curb anti-government views. from Sydney Morning Herald - World https://ift.tt/i3Sf0Ks

Monetary policy-making is often like flying blind: RBIs Patra

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RBI deputy governor Patra said that the choice of policy action is ultimately a trade-off between the desirable and the feasible and the policy making eventually rests on a judgment call based on information, experience, and a ‘feel’ or a ‘sniff’ of how the state of the economy is likely to evolve over the future. from Stocks-Markets-Economic Times https://ift.tt/cAjnZi4

Award-winning Ukrainian writer dies after Russian attack on pizza restaurant

Victoria Amelina was among 11 people killed in a missile attack on an east Ukrainian restaurant frequented by journalists and aid workers. from Sydney Morning Herald - World https://ift.tt/UgknyjO

Hong Kong places bounty on activists in Australia UK and US

Hong Kong police are offering more than $190,000 for information about eight activists who fled Beijing’s security crackdown including two who now live in Australia. from Sydney Morning Herald - World https://ift.tt/2Hh9eok

Slippery actor Kevin Spacey tried to groom me man tells court

The Hollywood actor is accused of a dozen allegations of historical sex offences committed against four men, aged in their 20s and 30s, between 2001 and 2013. from Sydney Morning Herald - World https://ift.tt/7w29xIf

Accelerated EV drive may give Australia-Indonesia future some grunt

Australia has lithium. Indonesia has nickel. EV batteries need both. Could this be the evolution of a beautiful friendship? from Sydney Morning Herald - World https://ift.tt/NBc2PYx

A $7.5-b derivative trade shifts to India as SGX tussle ends

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SGX Nifty, the Singapore Exchange-traded futures on India's key equity NSE Nifty 50 Index, will be known as GIFT Nifty from July 3, and all outstanding orders will be transferred to the GIFT City, the new financial hub in the western Indian state of Gujarat. from Stocks-Markets-Economic Times https://ift.tt/KOm1qIo

Western officials nervous as Ukraines counteroffensive makes slow progress

Almost a month after it began, Ukraine’s counteroffensive is showing little sign of breaking through Russian lines in force anytime soon. from Sydney Morning Herald - World https://ift.tt/vtJM0r9

Home of local mayor in Paris ram-raided by rioters

The home of a local mayor in Paris has been ram-raided with a car as his wife and children slept inside-in the latest wave of violence across France. from Sydney Morning Herald - World https://ift.tt/sGz6I0f

Widodo pushes for deal with Australia on electric vehicles

The Indonesian leader wants to join forces on producing electric vehicle batteries and hopes to seal a partnership as he meets Anthony Albanese in Sydney. from Sydney Morning Herald - World https://ift.tt/vh0fBJQ

Putins chef no more: Kremlin cuts ties with Wagner chiefs catering company

The company has supplied government departments in major contracts since it was founded, helping Yevgeny Prigozhin to become one of Putin’s closest confidants. from Sydney Morning Herald - World https://ift.tt/LS4Kv32

European telescope launched to hunt for clues to universe's darkest secrets

A European space telescope blasted off Saturday on a quest to explore the mysterious and invisible realm known as the dark universe. from Sydney Morning Herald - World https://ift.tt/SEGXVub

More than 1300 arrested in French protests following police killing of teen

Cities around France have faced another night of protests after the killing of a teen. from Sydney Morning Herald - World https://ift.tt/tukbmvd

Licence to discriminate: Supreme Court sprint leaves equality concerns for millions of Americans

The nine-member bench ended its latest term by delivering a string of monumental rulings with far-reaching implications for millions of Americans. from Sydney Morning Herald - World https://ift.tt/x2wj5KO