Page 20 - Agencies

Govt to offload additional wheat, rice via open market to tame prices

On likely cut in wheat import duty, the government said it will take action based on the requirement as things are dynamic and evolving

Govt defers implementation of laptop, PCs import restrictions to Nov 1

Import consignments can be cleared till October 31 without a license for restricted imports

Govt pulls up ISMA for premature estimation of 2023-24 sugar output

The secretary said he will hold a discussion with ISMA about this issue and added that it is too early to predict sugarcane and sugar production for the 2023-24 season, starting in October

French journalists call off strike, failing to block 'far-right' Editor

The new editor, Geoffroy Lejeune, who formerly led a far-right French magazine that was fined for publishing racist insults, was scheduled to take up his new post on Tuesday

IndiGo shares decline nearly 5% after record first quarter showing

The stock of the airliner opened at ₹2,630 apiece against the previous close of Rs 2,565.75 but soon fell 5.3 per cent during intraday trade hit Rs 2,430.15

Tomato prices spike in North India, Mother Dairy selling at Rs 259/kg

Traders attribute the sudden increase to relentless rains in southern India's primary tomato-growing regions and transportation disruptions in Himachal Pradesh and Uttar Pradesh due to infra damage

Fitch Ratings downgrades US: A stern criticism of political standoffs

The Fed raised interest rates by 25 bps in March, May, and July 2023. Fitch expects one more hike to 5.5 per cent-5.75 per cent by September

DLF's KP Singh sells entire 0.59% stake for Rs 731 crore; stock down 3.7%

In June 2020, Singh retired as the realty firm's chairman after nearly six decades

Rajya Sabha passes Multi-State Cooperative Societies (Amendment) Bill

It also lays down the process for liquidation of such cooperatives

4 dead, tens of thousands evacuated, millions under 'red alert' in China

Areas including central and southern Beijing and northern Tianjin recorded 20-80 millimeters of rainfall on Monday morning

Wagner troops inch closer to Polish border, nation fears 'hybrid attack'

Putin reviews parade of warships and nuclear submarines, says navy to get 30 new ships this year

The US hiding UFOs and 'non-human biologics', says ex-intel officer

The hearing was prompted by claims from Grusch in June that the government was secretly harbouring alien spacecraft

Foxconn unit in talks for $200 million components plant in Tamil Nadu

In the last few months, Foxconn had announced significant investment plans in states like Karnataka, Telangana and Tamil Nadu, bolstering its presence in South India

Nobel laureate Yunus loses legal battle, has to pay $1.1 mn in taxes

The microfinance pioneer was awarded the Nobel Peace Prize in 2006 for his work promoting economic development

Extreme temperature pushes airlines to shed fuel, limit passengers

High temperatures make air less dense, reducing engine performance and the amount of lift produced at a given speed

Russia raises interest rates to 8.5% signalling high borrowing costs

The central bank on Friday lifted its benchmark to 8.5 per cent from 7.5 per cent, more than any forecast in a Bloomberg survey

Reliance Strategic Investments reports Rs 1.45 bn Q1 net profit after tax

In a BSE filing the company further informed that Reliance strategic investments ltd.'s total income from operations was recorded at 2.15 billion rupees in June quarter

Jane Birkin, inspiration behind iconic Hermes Birkin bag, passes away

The incident goes back to 1984, when Birkin was travelling on a flight from Paris to London

Found a cocktail of drugs that reverses ageing, claim Harvard researchers

The team discovered six chemical cocktails which reversed the ageing process in both human and mice skin cells 'by several years'

Govt reduces rate of tomato to Rs 80/kg with immediate effect in Delhi-NCR

Prices start declining in wholesale markets across some cities