Extreme Financial News

Hubbard’s Marina co-owner and deep sea fishing Cpt. Dylan Hubbard speaks to Fox News Digital about 10-knot boating speed limits 'crippling' business and the coastal economy.

Vodafone Idea (Vi) has failed to renew some lapsed bank guarantees (BGs) — some as low as Rs 99 lakh — and sought more time from the Centre to replenish them, underscoring the precarious financials at the debt-laden telco that is continuously losing subscribers to two of its bigger rivals. «Due to our weak financial position, we are not in a position to issue replacement BGs of Rs 99 lakh and Rs 32.49 crore as this requires 100% cash margin to be provided to the banks,» Vi said in a letter dated July 7 to the Controller General of Communication Accounts (CGCA-revenue wing) in the Department of Telecommunications (DoT). The telco also said it has been unable to renew additional BGs of undisclosed sums issued by Kotak Mahindra Bank due to its continuing financial constraints. ET has seen a copy of the letter. Kotak's BG exposure to Vi, at present, is within Rs 10 crore, a person aware of the developments told ET.

NEW DELHI : Retail milk prices that have shot up nearly 22% in three years, including about 10% in the last one year, are expected to increase further in the coming three-four months as feed and fodder prices are on the rise amid the monsoon deluge. The prices of de-oiled rice bran (DORB), a key ingredient in cattle, poultry, and fish feed, have increased sharply to ₹18,000-18,500 a tonne from ₹15,000 per tonne in the last few weeks. Maize, a major feed grain and a standard component of livestock diets, is being sold at ₹24,500 a tonne in Tamil Nadu’s Erode, a 20% increase in one month, people in the know in the spot trade said.

Georgia Bureau of Investigation has issued an Amber Alert for a missing 1-year-old girl, Ta’yonni Johnson, from Warner Robins, Georgia, who is believed to have been abducted by 22-year-old Calvin Williams Johnson. The details about their relationship remain unknown. Ta’yonni Johnson is described as a Black female with black hair and brown eyes, while Calvin Williams Johnson is a Black male with black hair and brown eyes, standing 5′07″ tall and weighing 140 lbs. The last known sighting of Ta’yonni and Calvin Johnson was at 2699 Watson Boulevard in Warner Robins, Georgia. They were heading east in a 2003 Silver Jeep Liberty with the Georgia license plate CSX5096. The Amber Alert report emphasizes that Ta’yonni is in extreme danger, urging the public to report any information to 911 or the Warner Police Department at 229-886-0317. The Amber Alert program operates with the help of a collaborative effort between law enforcement agencies, transportation agencies, broadcasters and the wireless industry. Its purpose is to rapidly disseminate urgent bulletins in cases of serious child abductions, mobilizing the community to aid in the safe recovery of the missing child.

Gurgaon is accused of not paying a driver Rs 2,000 after roaming in his cab for over 12 hours. A video of the accused arguing with police was shared on Twitter by journalist Deepika Narayan Bhardwaj. As per the post, the woman took the cab around 10 p.m.

Delhi Commission for Women (DCW) chief Swati Maliwal on Sunday said that she had come to Manipur to assist people and would appeal to Prime Minister Narendra Modi and Union Minister for Women and Child Development Smriti Irani to visit to the state to look into people's suffering. Maliwal, who came Sunday afternoon to the ethnic strife-torn state, also said she reached here not to indulge in politics and would go back if those who should be here visited the state. «I have not come here to do politics, but to assist people… I would appeal to the PM and Union Minister for WCD to come and visit the state,» the feisty DCW chief told reporters at Imphal airport.

Come Tuesday, and the Indian Met department expects heavy rainfall to make a comeback in North India, after a lull for a few days following widespread disruption and flooding. “Increase in rainfall activity over northwest India from 25th July is expected," India Meteorological Department (IMD) said on Sunday.

It also predicted heavy to very heavy rains at a few places with isolated extremely heavy rainfall in Devbhumi Dwarka, Rajkot, Bhavnagar and Valsad districts in the next 24 hours. Junagadh city recorded 241 mm rainfall in the 24-hour period ending at 6 am on Sunday, causing waterlogging in several parts, leaving damaged cars piled on each other and carcasses of cattle swept away in flash floods, officials said. Two national highways, 10 state highways and 300 rural roads were closed in Gujarat on Saturday due to flooding, and the traffic resumed at places where water receded, they said.

Covid-19 infection that originated in China about three years ago.  The report stated that many terrifying diseases like Ebola, Zika, HIV AIDS, and others originated from animals which are called zoonotic diseases, according to a report published by USAToday.  Researchers found that a contagious virus could easily jump from animals to people in the United States, sparking a deadly outbreak.  Ann Linder, one of the report’s lead authors said, “There really is this false sense of security and unfounded belief that zoonotic disease is something that happens elsewhere. In fact, I think we're more vulnerable than ever in many ways." The report also highlighted the possible areas of transmission including close contact of livestock with each other in commercial farms, wild animal trade, fur trade, etc.

DCW chief Swati Maliwal on Sunday said she will be going to strife-torn Manipur despite the state government allegedly denying her permission for the visit. The Delhi Commission for Women (DCW) chief on Saturday alleged that the Manipur government has refused to let her visit the state to interact with survivors of sexual violence. In a tweet on Sunday, Maliwal said she has written to Manipur Chief Minister N Biren Singh seeking an urgent meeting with him during her visit.

2023 is a busy one for the Indian space agency launching rockets and satellites as well as testing various systems to power future rockets for its human space mission. While the first half of 2023 saw four rocket launches carrying Indian and foreign satellites, the second half began with the Chandrayaan-3 mission with several others in the pipeline. The Indian Space Research Organisation (ISRO) is gearing up for a commercial launch — carrying third party satellites to orbit for a fee — with its Polar Satellite Launch Vehicle (PSLV) later this month.

earning money also causes anxiety and trauma. People who are unemployed or under-employed are its biggest victims," says Bhopal-based psychologist Dr Kakoli Roy. One of the impacts of financial trauma is an inferiority complex.

Venice International Film Festival has chosen its closing film for the upcoming event in September. This movie will be «La Sociedad de la nieve» (‘Society of the Snow’), directed by acclaimed filmmaker J.A. Bayona.

By Sudarshan Varadhan and Nidhi Verma

By Fedja Grulovic

New Delhi: In a significant push towards climate action, COP28 president Sultan Ahmed Al-Jaber has called uponl countries to unite and join the Global Cooling Pledge ahead of the 28th Conference of the Parties (COP28). Speaking on the sidelines of the 14th clean energy ministerial and the G20 energy transitions ministerial meeting, Al Jaber emphasized the critical importance of sustainable cooling solutions to address climate challenges and protect vulnerable communities.

Barbie' has been ruling at theatres across the world, but there is trouble brewing for the film in Pakistan, as Islamabad has taken a ban into consideration due to the film's LGBTQ+ themes. But the answer is not a definitive one because the movie is all the rage right now and something that has the audience's interest, but with many extremists opposing it, Pakistan's Punjab Censor Board has put a temporary ban on it due to what they consider «objectionable content.» According to Daily Pakistan, the ban on the movie will eventually be removed once the «objectionable content» is cut out of the movie.

ANSAM) and Naga People's Front, have strongly condemned the inhuman act committed against the two women by a mob on May 4. The UNC asked the Manipur government to take up the case in a fast-track court to deliver justice instantly. «The government must initiate necessary steps for immediate booking of all the people involved in such dehumanizing crime,» the UNC said in a statement.

National Highway 5 has been shut down due to the landslide. The India Meteorological Department (IMD) has sounded an orange alert for heavy to very heavy rainfall at isolated places on Saturday. And has issued a yellow warning for heavy rainfall at a few places in the state from 23-25 July.

hedge fund managers. From endless inflation to the great bear market of 2022, getting a grip on investing and economic trends has proved exceedingly difficult over the past three years.  “Investors underestimated the growth profile of the US and overestimated the pace of recovery in China," said Mark Freeman, chief investment officer at Socorro Asset Management LP.

When devastating rains swept through the Northeast, farmers in the region were dealt a devastating blow at the worst possible time