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Woolworths chief commercial officer Paul Harker has warned a parliamentary committee on the economy it will be some time before our food systems return to an “even keel” but fresh fruit and vegetable prices are down about 6 per cent from their peak in September and red meat prices are stabilising.

This article is part of our Summer reads series. Visit the full collection for book lists, guest essays and more seasonal distractions. That those who lean to opposite ends of the political spectrum think differently from each other is obvious.

A year ago, my father made a will, naming all the family members as beneficiaries to his property. A few months later, he made another will, wherein his spouse was named the sole beneficiary to the entire property. He then availed of a reverse mortgage loan (RML) against this property. My father passed away recently. As the property is now mortgaged, does the will, which was executed before the RML, hold good as far as clearing the loan obligation is concerned? Even in RML documentation, a will is executed stating that his spouse shall enjoy the property rights. We (the children) are in a dilemma about getting it shared as one of us has a vested interest. Rajat Dutta, Founder, Inheritance Needs Services: Your father made a will, which was later changed in terms of beneficiaries.

Retail leasing in India witnessed a 24% Y-o-Y growth in Jan-June’23 period and a 15% increase compared to Jul-Dec’22 period, according to a CBRE report. Total leasing during Jan-Jun’23 stood at 2.87 mn sq ft compared to 2.31 mn sq ft (Y-o-Y). Bangalore, Delhi-NCR, and Ahmedabad collectively accounted for a cumulative share of 65% in leasing activity during the first six months this year.

According to a person familiar with the situation, the NBA Board of Governors has voted to approve Michael Jordan’s sale of the Charlotte Hornets to an ownership group led by Gabe Plotkin and Rick Schnall

Poonawalla Fincorp share price rose over 3% on Tuesday after the non-banking finance company (NBFC) reported its Q1 results. The stock gained as much as 3.21% to ₹380.05 apiece on the BSE. The Pune-based company posted a 62% rise in net profit at ₹200 crore in the June quarter, as compared to ₹124 crore in the year-ago period.

Q1 results today: Amid weak sentiments at Indian stock market, those who believe in stock specific trade are highly vigilant about Q1 results 2023 of the listed companies. In fact, company results are one of the most important events that help stock market investors decide the mid and long term positions. It also help them in taking investment decision about the potential stocks they are zeroing on.

soybean market is dominated by one major buyer: China. For years, Brazil has taken an increasingly bigger share of that trade away from the US. Now, South America’s shippers are even starting to dominate during the typical season lull.

Yamuna River continued to overflow in Delhi with water level recorded at 205.45 meters at 7 am on Tuesday. The danger mark of the Yamuna River is at 205.33 meters. On Monday the water level in Yamuna was at 206.56 metres.

Ganga River witnessed a rise in the water level and was flowing slightly above the danger mark in Haridwar, a senior official said. The water level was recorded at 293.25 metres at 9:00 pm on Monday against the danger mark of 293 metres in Haridwar. Meanwhile, the Sub Divisional Officer of Uttar Pradesh irrigation department said that due to rise in the water-level of the Ganga in Haridwar, some districts in Uttar Pradesh can also get affected.

single-screen theatres «hangs by a thread», megastar Amitabh Bachchan says that many projectionists have lost their livelihood and it is important to recognise their contribution to the history of Indian cinema. In a recorded video message shared with Mumbai-based Film Heritage Foundation and its founder Shivendra Singh Dungarpur, Bachchan appreciated the 'Lifetime Achievement Award for Cinema Projection' that has been instituted by the FHF to celebrate the «unsung heroes» of the film industry. Bachchan, in his over a minute-long video, said, «The world of a projector, a beam of light in a dark room theatre, and flicker of images on the big screen. That was, what cinema was for me». «As the fate of single-screen cinemas, unfortunately, hangs by a thread, many of these projectionists have lost their livelihood. It is important to remember and recognise their immense contribution to the history of Indian cinema,» he said. The veteran cine actor said he was pleased to learn that Film Heritage Foundation had instituted a 'Lifetime Achievement Award for Cinema Projection' to celebrate the unsung heroes, «who brought the magic of cinema to the silver screen». Dungarpur on Sunday said the foundation will honour three projectionists with this award at a special event, to be held on Wednesday at Mumbai's heritage Regal Cinema, a single-screen theatre built in 1933. The awards will be an annual affair, he said.

Investing.com-- Oil prices rose slightly in Asian trade on Tuesday, sticking to three-month highs as signs of tighter supply and expectations of more Chinese stimulus helped offset uncertainty over an upcoming Federal Reserve meeting.

Vedanta Resources (VRL) bonds fell a couple of points as its India-listed conglomerate holding company Vedanta Limited (VDL) reported a 35% drop in operating profit (Ebitda) during the first quarter. VRL faces potential rating action by S&P Global in the absence of a credible refinancing plan by July end for $1 billion bonds.

tomato stalls to close shop in some areas due to the lack of customers. The prices of tomatoes, among several other essential vegetables have been steadily spiraling since June, due to the overall crop shortage and largescale spoilage due to uncharacteristic rains. In June, the prices for tomatoes nearly doubled from its regular rate of Rs 30 per kg to Rs 50-60 as on June 13th and eventually crossing Rs 100 by the end of June.

Pilbara Minerals expects to settle on a new partner in downstream lithium processing within the next five months as it continues to boost production at its Pilgangoora mine in Western Australia.

Gift Nifty derivatives on NSE International Exchange (NSE IX) on Monday witnessed a record first session single day trading activity of over 2.14 lakh contracts with a turnover of $8.5 billion. This is a significant growth compared to the first-day full-scale operations volume of 33,570 contracts with a turnover of $1.21 billion, the exchange said in a statement.

New Delhi: Finance minister Nirmala Sitharaman said on Monday that issue of tax notices and re-opening of past assessments in the case of high income earners where the department has information about their non-compliance, has become predictable and that there is no fishing expedition.   Speaking at an event held to mark the 164th Income Tax day in the capital, the minister said that the Modi administration has brought more certainty to tax payers. The minister cited the example of rationalising the period during which a re-assessment can be done in certain cases where the department has information about understatement of income.   The minister also said that now tax payers need not worry about maintaining his records for ten long years as earlier.   “Now no tax assessee is going to face the situation of reopening his assessment after six years.

Delhi's Khan Market — the country's most expensive retail real estate — have breached the pre-pandemic levels for the first time to hit a record high of Rs 1,500 per square feet per month. This is almost double than the costliest retail location of Mumbai and about four times that of Bengaluru, industry executives said.

By Ludwig Burger and Thomas Escritt

MUMBAI : ITC Ltd, India’s largest cigarette maker, said its board approved a proposal to separate its hotels business to unlock value and foster focused growth, a move awaited by shareholders for long. Under the new scheme, shareholders of the cigarette-to-hotel major will own 60% of the demerged entity directly and the rest through their shareholding in ITC. The proposed structure disappointed investors, sending the share price plunging 3.87% at the end of trading on Monday.

Stocks that are trading heavily or have substantial price changes on Monday: Chevron, Becton Dickinson, Domino’s Pizza rise; Spotify falls: