Action Financial News

Brian Christopher lost $300,000 gambling on slot machines in casinos last year. Hundreds of thousands of people cheered him on, from the comfort of their own homes. Several times a week, Christopher takes a seat at the slots and livestreams his play on YouTube and Facebook.

By Tim Reid and Nathan Layne

The Dalai Lama turns a youthful 88 on 6 July. He has spent three-fourths of that storied life in India—arriving in exile here as a 23-year-old monk in March 1959. India has consistently treated him as a revered religious leader and an honoured guest.

Climate activists interrupted matches on one of Wimbledon's show courts on Wednesday, scattering orange confetti and jigsaw pieces in the latest protests targeting major sporting events.Just Stop Oil protesters ran onto Court 18 during the first-round match between 21st-seed Grigor Dimitrov and Japanese qualifier Sho Shimabukuro. A man sat down near the net and removed his jacket while a woman was escorted away by officials.

₹1 trillion, three times of the figure nine years ago. Dividends paid to the government, their major shareholder, have been handsome. The finance minister justifiably rattled off a list of impressive statistics recently on the sector’s health.

Global wealth slipped to $255 trillion in 2022, marking a 4% drop from the previous year and the first decline in 15 years, since the financial crisis of 2008.

Treasury yields were modestly higher on Wednesday after a softer-than-expected reading on U.S.-made goods and ahead of the release of the minutes from the Federal Reserve's latest policy meeting in June. Factory orders rose 0.3% in May, shy of the estimate of economists polled by Reuters for a 0.8% increase and matching the revised 0.3% rise in the prior month. The manufacturing sector has struggled under the Fed's rapid rate hike cycle.

Binance’s offices in Australia were searched by the country’s financial markets regulator as governments around the world turn up the heat on the biggest cryptocurrency exchange.

Many separated couples assume they are equal owners of their home, no matter whether both are on the title, but who actually owns the house matters if there is a separation, especially if one of the spouses has unpaid debt.

Janet Yellen. Shares in some Chinese metals companies rallied for a second session as investors bet that higher prices for gallium and germanium, which Beijing's export restrictions target, could boost revenues. Germanium is used in high-speed computer chips, plastics, and in military applications such as night-vision devices as well as satellite imagery sensors.

Congress will discuss the party's strategy and poll preparedness in Rajasthan on Thursday while also seeking to resolve the tussle between Chief Minister Ashok Gehlot and his bete noire Sachin Pilot that is proving to be a gordian knot for the party. Congress president Mallikarjun Kharge, former party chief Rahul Gandhi, AICC in-charge of state Sukhjinder Randhawa, Pilot and other senior leaders from Rajasthan will attend the meeting at the party headquarters here at 11 am.

The Centre aims to procure 2.6 million tonnes (mt) coarse grains or millets in the coming 2023-24 Kharif marketing season and distribute 2.2 mt.  A comprehensive strategy to increase the procurement of coarse grains was discussed and formulated during a conference of all states’ and union territories’ ministers under the chairmanship of Union food minister Piyush Goyal in New Delhi today.   “This strategic focus on coarse grains or millets reflects a broader objective to strengthen the nutritional security of the beneficiaries. It is projected that a total of 26.14 Lakh Metric Tonnes (LMT) of coarse grains would be procured in Kharif Marketing Season (KMS) 2023-2024, while the expected distribution would be 22.31 LMT," an official statement said.  The food department highlighted the scale of, and reforms in, procurement process of foodgrains which is key to providing food security and stability to domestic prices of foodgrains.  A millet exhibition showcasing various millet products was held on the side-lines of the conference to promote consumption of the coarse grains.  Appreciating the efforts of the State and UT governments for procuring and distribution of foodgrains, Goyal said they should work together with the Centre in the spirit of cooperative federalism.

By Michael S. Derby

Kubri village within the district, and the widely circulated video purportedly depicts the accused individual urinating on the face of the man while being perceived as intoxicated. "A viral video from Sidhi district has come to my notice...I have instructed the administration to arrest the culprit and take the strictest action and also invoke the National Security Act," the chief minister said in a tweet.

Starting July 7, 2023, Binance will cease to facilitate deposits and withdrawals of several cross-chain bridge tokens associated with the Multichain project across specified networks. 

A dispute between two ex-KPMG partners who advised NSW government officials over a controversial transport entity has gone public, after one accused the other of using a federal parliamentary inquiry to take “revenge” on her by making a submission full of “unfounded assertions”.

England were affected by the strike of NEU members on May 2. However, that was not the end! Members of the National Education Union are all set to strike again on Wednesday, July 5, and Friday, July 7. NEU members from sixth-form colleges are also expected to participate in the upcoming strike. In England, NEU is also expecting support for strike action in the autumn term. Not only NEU members, but the National Association of Head Teachers (NAHT) and the NASUWT are re-balloting their members for support in strike action. On the other hand, the Association of School and College Leaders (ASCL) is holding a ballot for national strike action in England for the first time ever. While condemning the strike action, the Department for Education has stated that it would cause «real damage» to students' learning. Teachers belonging to NASUWT in 56 sixth-form colleges in England have voted to go on strike and take other forms of action. If the ASCL, NASUWT, or NAHT take any action, it will happen during the autumn term, and they will work together with the NEU. This could result in complete school closures.

Benchmark indices NSE Nifty 50 and BSE Sensex ended Wednesday’s session on a flat note. The NSE Nifty 50 dipped 9.5 points or 0.05% to 19,398.50 and BSE Sensex fell 33.01 points or 0.05% to 65,446.04. In sectoral indices, Bank Nifty tumbled 149.65 points or 0.33% to 45,151.80, Nifty Auto jumped 1.64%, Nifty FMCG surged 1.82% and Nifty PSU Bank soared 1%.  The top gainers on Nifty 50 were Bajaj Auto, Divis Lab, HDFC Life, Maruti Suzuki and HeroMotocorp while the losers were HDFC Bank, HDFC, Eicher Motors, UPL and Tata Consumer Products.

Bitcoin, the leading cryptocurrency, is currently trading at $30,869, experiencing a 1.10% decrease on Wednesday. 

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Tis Hazari court premises on Wednesday, police said, adding that two groups of lawyers were allegedly involved in the firing incident. No one was injured in the incident, they said.