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Donald Sutherland, the gravelly-voiced Canadian actor who graced both TV and movie screens, passed away Thursday in Miami from a long illness. He was 88.

Lt Gen NS Raja Subramani is set to be the next Vice Chief of Army Staff with the government clearing his appointment to the post, official sources said on Thursday. The officer, who is presently helming the Army's Central Command, will succeed Lt Gen Upendra Dwivedi. Lt Gen Dwivedi, currently serving as the Vice Chief, will be the next Chief of the Army Staff when incumbent Gen Manoj Pande retires on June 30. Lt Gen Subramani has been appointed as the next Vice Chief, military sources said.

₹4,250 crore, directly or indirectly," Indus Towers' chief financial officer Vikas Poddar told analysts at JP Morgan prior to the stake sale. The comments were shared by the brokerage to clients in a note.On Wednesday, UK-based Vodafone Group Plc sold 18% stake sale in India's largest telecom tower provider for ₹15,300 crore.

Against this backdrop, World Trade Center Mumbai and the All India Association of Industries are set to host the 9th edition of their flagship event, the Global Economic Summit, themed ‘FinTech: Accelerating the Digital Revolution,’ from August 8-10, 2024. The summit will discuss pathways and strategies to meet the unmet credit needs of micro, small and medium enterprises (MSMEs), women entrepreneurs, and underserved communities through digital solutions such as paperless credit, account aggregator framework, cash-flow-based funding, alternative credit scoring methods, and so on. Moreover, central banks are encouraging their traditional banks to deploy technologies to promote digital supply chain financing for MSMEs and digital payments.

rich plan to migrate to another country, most of them choose the United Arab Emirates and particularly Dubai, which is one of the Emirates. A report by Henley & Partners, an international investment migration advisory firm, says approximately 4,300 millionaires are projected to leave India this year. And most of them are headed to the UAE. However, it's not that India's rich are in a hurry to leave the country. It's only a small number of rich Indians. «India continues to lose large numbers of millionaires, especially to the UAE. However, in our view these outflows are not particularly concerning as India continues to produce far more new HNWIs than it loses to emigration. Furthermore, the bulk of the millionaires who leave India tend to retain business interests and second homes in the country, which is a positive sign,» says the report. Why the UAE has such a pull for rich Indians The UAE is a bigger attraction for India's rich than other popular destinations for migration, such as Australia, Singapore, Israel, Switzerland, the US, Canada, New Zealand and the UK.

Two MPC members, Dave Ramsden and Swati Dhingra, voted again for a 25 basis points cut to 5%, against a majority of seven, who opted to hold rates. UK inflation returns to 2% target but June BoE cut remains unlikely The move follows positive inflation data for May from the Office for National Statistics, which revealed on Wednesday (19 June) that the Consumer Prices Index (CPI) fell back to 2% for the 12 months to May 2024 – reaching the BoE's inflation target. The most concerning data, however, included core CPI, which stood at 3.5% last month, and services inflation at 5.7%, whil...

Bank of England kept its main interest rate unchanged at a 16-year high of 5.25% on Thursday ahead of a July 4 election, but some policymakers said their decision not to cut rates was now «finely balanced». The BoE's Monetary Policy Committee voted 7-2 to keep rates on hold, in line with economists' expectations in a Reuters poll. Deputy Governor Dave Ramsden and external MPC member Swati Dhingra remained the only policymakers to support a cut to 5%.

European markets have opened higher after a mixed day of trading in Asia

UK London’s iconic Tooting Market, established in 1930, is now accepting Bitcoin payments, led by a Bitcoin enthusiast Hashley Giles.

India vs Afghanistan. As per Sportingnews.com, the pitch at Kensington is known for its bounce which could be in favour the bowlers. Due to the bounce, the initial overs of the game could be challenging for batsmen.

Ordinary shareholders' NAV endured a similar fate, dropping from £674.4m at the end of March 2023 to £618.6m as of 31 March 2024. The falls were largely attributed to a reduction in short-term UK power price forecasts, which Investec analysts Ben Newell and Alan Brierley said detracted 7.8p per share. US Solar Fund eyes share buybacks as NAV falls 20% over 2023 They explained increases in discount rates also detracted 4.6p per share. However, these were partly offset by revisions to short-term inflation forecasts, the revaluation of new assets as they became operational and the sal...

The Bank's Monetary Policy Committee is set to meet on Thursday (20 June) to decide the next step in the UK's interest rates path and is widely expected to continuing holding rates at 5.25%. While inflation saw an overall decline, core inflation, the measure that strips out more volatile components, remains high at 3.5%. Underlying areas such as services and home ownership costs were «unlikely to fall away anytime soon», however, according to Michael Field, European market strategist at Morningstar. UK inflation returns to 2% target but June BoE cut remains unlikely He argued to...

Released today (20 June), the data from HL revealed that all geographic regions saw a reduction or hold in positive sentiment, other than towards Europe where the 1% rise in confidence can be explained by the European Central Bank's decision to cut interest rates earlier this month (6 June). Core inflation figures 'final nail in the coffin' for hopes of June BoE rate cut UK figures returned a mixed picture as confidence in domestic economic growth increased marginally by 2.5% while assuredness that interest rates will rise decreased in the short term, according to Susannah Streeter, h...

In 1991, the Indian government articulated a ‘Look East’ policy to build extensive economic and strategic relations with its eastern neighbours and Southeast Asia. This was different from the traditional ‘West facing’ outlook, in which we looked to learn from Europe and North America. With the age of AI upon us, India is considering how it should both foster and regulate this powerful new technology which can reshape industry, society and geopolitics.

Gold prices edged higher on Thursday as lacklustre U.S. economic activity fuelled expectations that the Federal Reserve would cut interest rates this year. FUNDAMENTALS

rate decision from the Bank of England (BoE) later in the day, while the dollar was on the back foot as it awaited fresh market catalysts. Currencies were trading in tight ranges following a holiday in the United States and as investors looked not only to the BoE but also central bank decisions in Switzerland and Norway.

Asian stocks took a breather on Thursday, hovering near their highest in two years as traders waited for more U.S. policy clues, while sterling was steady before a Bank of England meeting where rates are expected to remain unchanged. Apart from the BoE, investors will also watch out for central bank decisions from Switzerland and Norway on Thursday to set the tone for global rates outlook.

Bank of England was set to hold its interest rate steady on Thursday despite slowing UK inflation, with higher price risks and Britain's looming election preventing a cut, according to analysts. The BoE was widely forecast to keep its cost of borrowing at 5.25 percent, a 16-year high, following a regular monetary policy meeting.

Rishi Sunak's Conservatives at a July 4 election, forecasting the Labour Party would comfortably win a large majority after 14 years in opposition. Polling by YouGov showed Keir Starmer's Labour was on track to win 425 parliamentary seats in Britain's 650-strong House of Commons, the most in its history. Savanta predicted 516 seats for Labour and More in Common gave it 406.

Ahmadi Governorate in the Gulf Kingdom, a media report said on Wednesday. The massive fire which occurred at a six-storey building in the city of Mangaf on July 12 was caused by an electrical short circuit in the guard's room on the ground floor. The building was home to 196 migrant workers, mostly Indians. «The Public Prosecution has ordered the detention of a Kuwaiti national, three Indian nationals, and four Egyptian nationals for two weeks in connection with the Al-Mangaf building fire case,» English language daily Arab Times reported without identifying their names.

Conservatives party headed by Prime Minister Rishi Sunak. Various national surveys have predicted a massive defeat for the party. Voters in the UK will cast their vote to elect their representatives to the House of Commons which is the lower house of the British Parliament on July 4. Further, one of the surveys has predicted that many sitting Ministers are expected to lose the elections from their own constituencies. The party has been in power since 2010 and the anti-incumbency seems to be catching up with the party. Surveys: