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the USS Dwight D. Eisenhower after an eight-month deployment in which the aircraft carrier led the American response to the Houthi assaults. Those attacks have reduced shipping drastically through the route crucial to Asian, Middle East and European markets in a campaign the Houthis say will continue as long as the Israel-Hamas war rages in the Gaza Strip.

Japanese Yen. The Japanese Yen dipped to its lowest level since 1986, and fell 0.4% to 160.39 per US Dollar. The month end has caused demand to spike up in crude oil and Brent prices were up 0.58% and were trading at $85.5

China on Wednesday spoke of President Mohamed Muizzu's recent visit to New Delhi and the importance of India to his country's tourism-dependent economy. The comments by Minister of Economic Development and Trade Mohamed Saeed came as Male seems to have re-oriented ties with New Delhi following President Muizzu, known for his pro-China leanings, attending Prime Minister Narendra Modi's swearing-in ceremony earlier this month. «President Muizzu reiterated that India remains our closest neighbour,» Saeed, who is attending the 15th World Economic Forum (WEF) at Dalian, told CNBC International TV in an interview.

coal-based power plants through the newest Advanced Ultra Supercritical (AUSC) technology. A proposal to offer about ₹6,000 crore viability gap funding (VGF) mooted by the heavy industries ministry is being evaluated by the finance ministry, people familiar with the development told ET. A ₹3,500 crore payment security mechanism for electric buses is also being considered, they said, adding that a final call would be taken closer to the budget.

Spain's government says it will temporarily eliminate the sales tax on olive oil to help cushion skyrocketing prices

North Macedonia’s government has announced a project with renewables investor Alcazar Energy Partners for the construction of the landlocked country’s biggest wind farm

Denmark will tax livestock farmers for the greenhouse gases emitted by their cows, sheep and pigs from 2030, the first country to do so as it targets a major source of methane emissions, one of the most potent gases contributing to global warming

Authorities say a suspected attack by Yemen’s Houthi rebels has targeted a ship in the Gulf of Aden

The Small Business Administration will offer $30 million in grant funding for Women’s Business Centers for a variety of projects, including funding to open a center in the U.S. Virgin Islands

Dr. Reddy’s said in the statement.The Hyderabad-based company will inherit the global nicotine replacement therapy (NRT) brand Nicotinell with a footprint in over 30 countries spanning Europe, Asia including Japan, and Latin America, along with the brand Nicabate, Habitrol and Thrive in markets outside of the US.“…The portfolio is attractive for its customer loyalty, its global nature, and the access it provides to key customers," said Israeli."We believe we can unlock more value, grow the portfolio further, and increase consumer access around the world to these global brands.

₹80,000 crore business (commercial vehicles) is very large. And it is growing and generating tonnes of cash," said Balaji.“So, you need management bandwidth and the board’s time for this.

Amit Shah on Wednesday hailed Speaker Om Birla for moving a resolution in Lok Sabha condemning the imposition of Emergency in 1975 by former prime minister Indira Gandhi and said it has exposed the «anti-democratic» thinking of the Congress which harmed the major pillars of democracy like «judiciary, bureaucracy and media». Shah also said that Lok Sabha remembered the Emergency, which was an «Era of Injustice» and expressed its sympathy to the poor, Dalits and backward people, who had to suffer the exploitation and atrocities of the then Indira Gandhi government, when the rights of the citizens of the country were destroyed and their freedom was snatched away. The home minister said many sensitive amendments made in the Constitution during the dark period of Emergency expose the dictatorial mentality of the Congress which centralised all powers in one person. «It (resolution) has exposed the anti-democratic thinking of the Congress which has harmed the major pillars like judiciary, bureaucracy and media, has condemned the cruelty of Congress in imprisoning lakhs of opposition leaders for more than one and a half year without any reason,» Shah wrote in a post on X in Hindi with hashtag #EmergencyHorrors.

NSIL said on Wednesday that its newest rocket the SSLV will have its first dedicated commercial launch when it puts into orbit the Optimus — a satellite built by Australia-based Space Machines Company. The announcement was made jointly by NewSpace India Limited (NSIL) and Space Machines Company at the India Space Congress, organised by the Satcom Industry Association-India. This pioneering collaboration sets the stage for the launch of Space Machines Company's second Optimus spacecraft, weighing 450 kilogrammes, the largest Australian-designed and built spacecraft so far, a statement from NSIL said. «This will be the first dedicated commercial launch for SSLV (Small Satellite Launch Vehicle). The first commercial launch was Janus, a 10-kilogramme nanosatellite on board the SSLV-D2 mission,» NSIL Chairman and Managing Director Radhakrishnan Durairaj told PTI.

Russia has sent two trains laden with coal to India via the International North-South Transport Corridor (INSTC), which connects Russia to India via Iran, according to Russia’s national railway company. A multimodal route that includes a railway, roadway network and seaports, the INSTC spans 7,200km (4,500 miles) from St. Petersburg to the port of Mumbai in India. The corridor is part of Russia’s push to find new transport routes in light of Western sanctions, which have forced it to shift trade flows from Europe to Asia and the Middle East, RT has reported. “For the first time, two trains with Kuzbass coal headed to India along the International North-South Transport Corridor. The trains set off from the Kemerovo region. They followed along the eastern branch of the INSTC through Kazakhstan and Turkmenistan to the Iranian port of Bandar Abbas,” Russian Railways said on Monday in its Telegram channel, RT reported. How INSTC can revolutionise India's trade The development of the INSTC, which connects Russia to India through Iran's Chabahar port, means a lot for India's trade. Now that Russia faces restrictions on sea trade due to the Ukraine war, the corridor assumes even more economic and strategic importance, especially when India sees it as an alternative to China's ambitious Belt and Road Initiative.

₹2.1 trillion, the highest ever for a month. GST revenues stood at 6.62% of the gross domestic product (GDP) for the fourth quarter of 2023-24, much higher than the corresponding quarters for the preceding two financial years (Chart 1). But a deconstruction of GST numbers over seven years, especially from the perspective of states, reveals expectations belied and friction points aplenty.

Reed Sheppard arrived at the University of Kentucky last season as a decent shooter. Both his parents had played basketball for the Wildcats, meaning he’d been schooled in the nuances of swishing a basketball through an 18-inch hoop since his first attempts on a kiddie rim. But when Sheppard hears his name called early in the NBA draft on Wednesday night, it won’t be because he’s a decent shooter.

Congressman Matt Gaetz (R-FL) has proposed a legislation to allow Americans pay their federal income tax using Bitcoin. If passed, the US Secretary of the Treasury would implement a program to allow payment of taxes using Bitcoin.

On July 4, the United Kingdom will hold a general election, one that could redefine the nation’s approach to economic policy and cryptocurrency regulation.

₹10,037.30 on June 18, 2024. Currently trading at ₹9,480.05, the scrip is just 5.5 percent away from its peak. It has surged around 109 percent from its 52-week low of ₹4,544.00, hit on August 14, 2023.Similarly, TVS also touched its record high of ₹2,524.95 on June 18, 2024.

NEW DELHI : For the first time, India has achieved a higher ethanol production from grains, especially maize, than sugar-based feedstock, on the back of a government cap on the diversion of sugar for producing the biofuel. The share of grain-based ethanol stands at nearly 51% so far in the current ethanol-supply year (November 2023-October 2024), said two officials with access to data. Till 9 June, 357.12 crore litres of ethanol have been produced—175.74 crore litres from sugar-based feedstock—sugarcane juice, B-heavy molasses and C-heavy molasses—and 181.38 crore litres from grain-based feedstock—damaged foodgrains, surplus rice and maize available with Food Corp.

Lumax Auto being a notable performer. The company's shares have been on a consistent winning streak, concluding the last 17 months with impressive gains.Also Read: Amara Raja shares gain 108% in CY24 so far; what lies ahead for this battery stock?From their January 2023 trading price of ₹224 apiece, they have surged by a remarkable 147% to trade at the current price of ₹554 apiece.