REPORTERS
After Kotak twist & China spies, Hindenburg vs Adani gets murkier as new details emerge in the drama
Adani-Hindenburg row: In the ongoing Adani-Hindenburg saga, new revelations show that US short-seller Hindenburg Research shared its critical report on the Adani group with New York hedge fund manager Mark Kingdon months before its public release. According to Sebi, this collaboration involved a profit-sharing agreement tied to significant declines in Adani's market value, exceeding USD 150 billion across 10 listed firms.
'Jobless growth': Congress slams govt over 'accentuated unemployment crisis'
The Congress criticized the Modi government for exacerbating India's unemployment crisis due to failed policies like demonetization and GST. Citing a Citigroup report, they highlighted the urgent need for job creation and reforms to address the high unemployment rates in the country.
India vs Zimbabwe 2nd T20: Harare pitch report, weather update, Dream 11 predictions - all you need to know
India plays Zimbabwe in the second T20 match at Harare Sports Club after a 13-run loss in the first match. Match starts at 4:30 pm and sunny weather predicted. India leads 6-2 head-to-head. Harare pitch favors bowlers.
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India vs Zimbabwe 2nd T20: Harare pitch report, weather update, Dream 11 predictions - all you need to know
India plays Zimbabwe in the second T20 match at Harare Sports Club after a 13-run loss in the first match. Match starts at 4:30 pm and sunny weather predicted. India leads 6-2 head-to-head. Harare pitch favors bowlers.
Democrats worried after Biden’s bizarre claims in a radio interview even after the questions were vetted by his team
Despite being provided with the questions in advance, Joe Biden is reported to have messed up during the interview to two radio channels. He apparently made some bizarre claims and was yet again found to be fumbling. This only adds to the concerns of the Democratic party who are seeking his ouster ahead of the US Presidential Election in November.
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Court allows Arvind Kejriwal's wife access to his medical records, permits her to seek doctors' advice
A Delhi court has granted Sunita Kejriwal, the wife of jailed Delhi Chief Minister Arvind Kejriwal, access to his medical records and allowed her to independently consult with doctors on his behalf. However, the court rejected Kejriwal's application for permission to be his attendant during consultations with doctors. The court ruled that permission was granted only when the prisoner is admitted in hospital.
Gold price surge on weaker-than-expected US jobs report
The US services sector faced an unexpected contraction in the last quarter, with the ISM services gauge dropping to 48.80, marking the fastest pace of decline in four years. This contrasts with the S&P Global US Services Index, which reached its highest level since April 2022 at 55.30.
India vs Zimbabwe T20 Pitch Report: Conditions in Harare, weather update and Dream 11 predictions; all you need to know
Ind vs Zim T20 Pitch Report: The T20I match between India and Zimbabwe is expected to be an exciting match, with India aiming to dominate with its strong batting lineup and versatile bowling attack. Key players like Shubman Gill, Abhishek Sharma, and Avesh Khan are expected to make significant contributions. Zimbabwe, on the other hand, will be keen to put up a formidable fight against the more seasoned Indian side, with players like Sikandar Raza and Dion Myers crucial.
Asian markets down as traders await US jobs report
A European Commission probe launched last year concluded that state subsidies for Chinese EV manufacturers were unfairly undercutting European rivals, which Brussels wants to shield as they transition from thermal to electric power.
4th of July celebrations come at a price: Firework accidents reported across country on Independence Day
4th of July, which is the US Independence Day, was celebrated with utmost grandeur with events, live music, buffet, concerts and fireworks in various cities of the country. However, there were reports of fireworks-related-accidents in many region including deaths in Illinois and Alabama.
Actor Sahil Khan gets bail in Mahadev betting app case
Actor Sahil Khan has been granted bail in connection with the Mahadev betting app case. The decision was made by Additional Sessions Judge V M Pathade on Wednesday, though the detailed order is not yet available. Khan, in his plea, argued that most of the allegations against him were "speculative" and said there was no concrete evidence.
Hathras stampede: SIT chief says over 90 statements recorded
The Uttar Pradesh government's SIT probing the Hathras stampede has recorded 90 statements so far, the panel's chief Anupam Kulshrestha said on Friday. Kulshrestha, also the Additional Director General of Police (Agra Zone), is leading the three-member Special Investigation Team (SIT) preparing a detailed report on the stampede that claimed 121 lives after a satsang here on July 2.
Gold lingers near 2-week high as focus shifts to US payrolls
Gold prices remain steady near a two-week high following weaker US economic data, leading to speculation of potential interest rate cuts. Investors are closely watching Friday's non-farm payrolls data for further guidance. The market awaits further developments amidst the ongoing economic uncertainty.
West Bengal Guv seeks report from Mamata Banerjee on public flogging of couple
West Bengal Governor CV Ananda Bose on Monday sought a report from Chief Minister Mamata Banerjee regarding the public flogging of a couple in Uttar Dinajpur district's Chopra. The governor described the incident, which was captured on video, as "barbarous."
India vs SA ICC T20 World Cup Final: Playing XI, weather forecast, pitch report, where to watch, and other key things
India vs SA T20 World Cup 2024 Final Barbados: India will face South Africa in the T20 World Cup final on Saturday, June 29, at the Kensington Oval in Barbados. Both teams have shown exceptional performances throughout the tournament. The pitch at Kensington Oval favors pace bowlers, and winning the toss has historically been advantageous. India and South Africa, each with strong squads, will compete for the prestigious title.
UFO sighted once again? Dark metallic disk reportedly spotted over Colorado amphitheater. Will NASA admit it? Details here
The National UFO Reporting Center has said that there have been 3320 UFO sightings reported in Colorado. It comes second after Oregon with 3,587 sightings reported. NASA has said that there is no evidence to suggest existence of the UFOs or aliens.
Congress targets PM over report on Adani group 'taking' Chinese help in solar project
Congress leader Jairam Ramesh criticized Prime Minister Narendra Modi on Saturday, pointing to a report that the Adani Group has selected eight Chinese companies for its solar manufacturing project. Ramesh emphasized the need for a strategy to reduce India's dependence on China and ensure taxpayer money does not benefit Chinese firms.
US Treasury finalises new crypto tax reporting rules
The new tax reporting requirements for crypto brokers aim to improve accuracy, ensuring that crypto owners pay the tax owed on digital asset transactions. The rules will help simplify reporting and may lead to additional IRS regulations for non-custodial brokers in the future.
FATF lauds India efforts to combat laundering and terrorist financing
The Financial Action Task Force (FATF) has recognized India's achievements in combating money laundering and terrorism funding. The MER, adopted in Singapore, places India in the'regular follow-up' category, a distinction shared by only four other G20 countries. The MER assessed India's measures and compliance with FATF norms.
MEA rejects US report on religious freedom as 'deeply biased, motivated by votebank considerations'
MEA Spokesperson Randhir Jaiswal addressed the media, stating, "We have noted the release of the US State Department’s report on international religious freedom for 2023. As in the past, the report is deeply biased, lacks an understanding of India's social fabric, and is visibly driven by vote bank considerations and a prescriptive outlook. We, therefore, reject it."
BJP hits out at AAP after waterlogging reported in several parts of Delhi
Bharatiya Janata Party (BJP) spokesperson Shehzad Poonawalla criticized the Aam Aadmi Party-run Delhi government after several areas reported waterlogging following heavy rains early Friday. Poonawalla specifically pointed out waterlogging at Minto Bridge, a location the AAP had claimed to have fixed. "The BJP leader claimed that waterlogging was also reported from Minto Bridge which AAP had claimed to have fixed."
Indian banks' gross NPA ratio at multi-year low of 2.8%, net NPA down to 0.6% in FY24: RBI Fin Stability Report
The Reserve Bank of India reported that Indian banks' gross NPA ratio reached a multi-year low of 2.8%, with net NPA at 0.6% by March 2024. The global economy faces risks from geopolitical tensions and high public debt, but India's financial system remains robust, supporting economic growth through sustained credit expansion, the RBI said.
First NFRA annual report on eight audit firms by November
The National Financial Reporting Authority (NFRA) is set to conduct its first annual inspection of eight audit firms, including the Big Five, to reveal its findings by October or November. The inspection will focus on auditors' processes and standards, revealing how NFRA plans to strengthen the country's audit and accounting ecosystem to combat corporate frauds and uphold shareholders' interests in a rapidly growing economy.
Will PM Modi continue to deprive Odisha of its fair share: Congress
The Congress has accused the central government of reducing Odisha's central funding and questioned whether Prime Minister Narendra Modi will continue this trend. Congress leader Jairam Ramesh highlighted that central transfers and the state's share of Union taxes have decreased, as noted by CAG reports. He also mentioned the stalled Sitalapalli rail wagon factory project and other delayed railway projects.
Will decide based on SIT report, says CM on BJP's demand for sacking Minister over charges
Karnataka CM Siddaramaiah has not sought resignation of Minister B Nagendra amid allegations of illegal money transfer from Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Ltd. Decision to be based on SIT probe. Accounts superintendent Chandrashekhar P's suicide revealed unauthorized transfer of Rs 187 crore, involving corporation's MD J G Padmanabh.
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