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shipping industry, with the world’s third-largest container line saying freight rates remain weak and a steep slump in US demand for goods out of China isn’t over. “The transport and logistics market remains depressed,” the French company controlled by billionaire Rodolphe Saade and his family said in an earnings statement Friday. Sluggish economic growth and persistent inflation is expected to weigh on consumer spending for the rest of the year, while deliveries of new vessels in the market could hurt rates.

Railway Ministry has received over 170 requests from leaders across parties for launching the Vande Bharat trains in their constituency. Apart from ruling BJP, many major opposition leaders have also requested the introduction of Vande Bharat trains in their constituencies including Congress Chief Mallikarjun Kharge and TDP supremo Chandrababu Naidu.

Beijing recorded its heaviest rainfall this year as the remnants of Typhoon Doksuri passed through China's capital on Monday, forcing over 31,000 people to evacuate their homes in the city, according to state broadcaster CCTV. Heavy rain continued to fall in the capital as well as Hebei, Tianjin and eastern Shanxi as Doksuri dissipated over northern China, the China Meteorological Administration said.

Marico Ltd, a leading FMCG company in India, reported a significant 15% rise in its consolidated net profit, reaching ₹436 crore for the first quarter ending on June 30, 2024. This marks a notable improvement compared to the ₹377 crore net profit posted in the same April-June quarter of the previous year, as stated in the regulatory filing by Marico.However, the company experienced a decline in its revenue from operations, which decreased by 3.16% to ₹2,477 crore during the current quarter, compared to ₹2,558 crore recorded in the corresponding period a year ago.Marico attributed the growth in its gross margin to surpassing internal expectations, expanding by 494 basis points (bps) year-on-year and 257 bps sequentially.

TCS: Tata Consultancy Services (TCS) has announced a change in senior management positions (SMP). TCS executive vice-president K Ananth Krishnan will no more remain in SMP due to his upcoming retirement. As per the exchange filing, TCS informed that Ananth Krishnan will be no longer in SMP from 31st of July 2023 due to his retirement falling in October 2023.

Hindustan Times, LiveMint's sister publication, a bench that includes Justice JP Pardiwala and Justice Manoj Mishra will hear a fresh petition relating to the Manipur viral video case. The report while quoting Supreme Court's listing record notes that the petition is in connection with the FIR number (110)(6)(2023) which was registered at the Nongpok Sekmai Police station of the B Phainom village.

Arvind Kejriwal and Lt Governor V K Saxena. Also read: Delhi reports highest dengue case count in 5 years. Symptoms, helpline number, what not to do here The strike comes at a concerning time for Delhi, as monsoon rains and water logging in parts of the city have increased the threat of vector-borne diseases, including dengue.

A jump in east coast gas prices helped offset the impact of declining LNG prices for takeover target Origin Energy, but domestic gas customers still on average paid less than half the rates struck in export markets.

By Florence Tan

ClimateDepot.com publisher Marc Morano argues mainstream media is skewing temperature data to make it an issue on climate change on ‘Varney & Co.’

WASHINGTON (Reuters) — Former U.S. President Donald Trump's political action committee is expected to report on Monday that it has spent about $40 million in legal fees in the first half of 2023 to defend Trump and his advisers, among others, the Washington Post reported.

By Nicholas P. Brown

Milwaukee Brewers on Sunday made a roster move, placing right-hander Julio Teheran on the 15-day disabled list due to a right hip impingement. This decision followed Teheran's challenging performance on Saturday night, where he allowed nine runs on 11 hits during the team's 11-5 loss against his former team, the Atlanta Braves. With a record of 2-5 and a 4.74 ERA in 11 games, Teheran has faced some recent struggles, having lost his last three decisions. In response to Teheran's placement on the disabled list, the Brewers called up right-hander Peter Strzelecki from Triple-A Nashville. Prior to his stint in Nashville, Strzelecki had appeared in 36 games, all in relief, for Milwaukee, with a 3-5 record and a 4.54 ERA. However, during his time in Nashville, he experienced a higher ERA of 7.04 across seven games. This roster move aims to address the team's pitching needs and provide an opportunity for Strzelecki to contribute to the Brewers' efforts on the mound.

Reserve Bank of India has announced that Regional Rural Banks would be given more freedom to mobilise resources and to deploy them within their geographical boundaries. The RBI has highlighted that important forces boosting socio-economic growth are the financial activity of the banking industry. Rural development also means transformation of the rural population.

Private sector lender IDFC First Bank posted a 61% rise in net profit in the June quarter on the back of 36% growth in net interest income. Its loan book and deposit book grew by 25% and 44%, respectively, over a year ago. It also expects to continue growing at a steady pace.

The director of the International Institute for Population Sciences (IIPS), which conducts India’s National Family Health Survey (NFHS), was reportedly suspended by the government to enable a probe of alleged staffing irregularities. This news can’t escape the context of a controversy over data quality in recent years.

MLC) has made a resounding debut on the international cricketing stage, with most matches seeing record turnout even though the US is not a traditional cricket-playing country. The grand finale — to be played at 6 am Indian Standard Time on Monday — pits Seattle Orcas, co-owned by Microsoft CEO Satya Nadella, against Mukesh Ambani's MI New York at the Grand Prairie Stadium near Dallas.

Verstappen emphatically won the Belgian Grand Prix on Sunday for an eighth straight win and 10th overall of a crushingly dominant season. He finished 22.3 seconds ahead of teammate Sergio Perez to give Red Bull and easy 1-2. It moved Verstappen ominously closer to a third straight world title and his own F1 record of 15 wins from last year.

Kamala Harris urged Black Americans to vote and cast Republicans as extremists on everything from abortion, voting rights and gun reform. “Here’s what we need to do. Vote. It gets back to the voting,” Harris said Saturday at a gathering of the NAACP, the nation’s oldest civil-rights organisation, in Boston. Noting that Black voters had record turnout in 2020, Harris said that “it scared some people.” “It is by no coincidence that immediately thereafter you started seeing extremist so-called leaders passing laws restricting voting days, making it more difficult to vote,” she added. Since Donald Trump’s loss to Joe Biden in 2020, supporters of the former president have stepped up efforts to reform the US election system, with several states introducing new rules restricting voting and redrawing electoral maps. Still, the Supreme Court this year gave an unexpected boost to the Voting Rights Act enacted in 1965 to protect minority rights at the polls by upholding a decision that requires a second majority Black District in Alabama. Harris, 58, has addressed the NAACP’s national convention for two straight years. With the president ramping up his re-election campaign, Harris the first woman, Black and Asian vice president has become a key envoy in the outreach to Black voters, who Biden credits for his 2020 victory.

Manipur putting across their demands, a concerted effort is on to find a solution to ensure lasting peace in the state, which has been ravaged by ethnic violence since May 3. While the Kuki groups are adamant on a separate administration, Meiteis are insisting that the integrity of Manipur is non-negotiable. Backchannel negotiations are proceeding with different groups at several layers.

A week later, the “Barbenheimer” boom has not abated