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Nifty reversed sharply from the lifetime highs in Wednesday's trading session, however, the recovery was good enough from the lower levels which helped Nifty to recover more than 150 points from its day's low. The rise so far appears to be a 3-wave rising structure on the hourly charts indicating that until the all-time high levels are not taken off there can be selling pressure at the higher levels.

introspection by all political parties. Addressing a joint session of both houses of the Maharashtra legislature to mark centenary celebrations of the state legislative council, Dhankar also said that democracy thrives on debate and dialogue, but dialogue among political parties was missing at present. «Democratic polity is witnessing a new low and it calls for introspection by all political parties,» the vice president said. «All is not well in parliamentary democracy. We are suffering sacrilege of disruption. Dialogue between political parties is missing,» he added. Slogan shouting and marching into the well of House was a painful situation for any presiding officer, said Dhankhar, chairman of the Rajya Sabha, adding that the chairman and speaker are made convenient punching bags by both sides. Decorum and discipline are the «heart of democracy» and the presiding officer should be respected, he added. «We are also not accommodative to the other point of view,» Dhankhar said, adding that parties often take confrontationist and adversarial approach instead of a cordial one. Ethics and morality have been the hallmarks of public life in India, he noted. While the state legislatures and Parliament are the «North Pole of democracy», legislators and MPs are its «lighthouses,» the vice president further said.

Joe Biden has received much needed backing from an eminent American presidential historian who managed to accurately foretell outcome of nine of the past 10 American Presidential elections, as per a New York Post report. American University history professor Allan Lichtman has also advised Democratic Party leadership not to think about dropping Biden out of the Presidential election race. Lichtman also allayed fears over 81-year-old Biden's psychological fitness. While talking to CNN News Central, Lichtman cited Hillary Clinton's example as many pundits in 2016 claimed that Democratic nominee won three out of three debates and Trump's chances were thought to be diminishing. However, results of Presidential election showed that America didn't get its first women President and Trump mania roared on the ballot.

S Jaishankar on Wednesday met his Russian counterpart Sergey Lavrov on the margins of the Shanghai Cooperation Organisation Summit and discussed preparations for Prime Minister Narendra Modi’s scheduled visit to Moscow on July 8-9 including possibility of opening of two new Indian consulates in Russia. Currently besides the Indian Emabssy in Moscow, there are two Indian consulates— St Petersburg and Vladivostok. ET has learnt that India might open two more consulates in Russia and final announcement can be made at the annual summit next week. In their first meeting since December 2023, Jaishankar and Lavrov discussed aspects of the bilateral strategic partnership, including defence, energy, trade, investment and connectivity corridors. The two ministers also held preparatory talks for PM Modi’s upcoming visit, according to people familiar with the matter.

A big gain for Tesla helped drive Wall Street to more records

Iran will not respond to pressure, President-elect Masoud Pezeshkian said in a statement published on Saturday, in which he also highlighted his country's friendship with China and Russia. Pezeshkian, a relative moderate who beat a hardline rival in elections, also reiterated that Iran does not seek nuclear weapons, adding that Tehran would expand ties with neighbours and engage with Europe. «The United States...needs to recognise the reality and understand, once and for all, that Iran does not — and will not — respond to pressure (and) that Iran's defence doctrine does not include nuclear weapons,» Pezeshkian said in the statement, titled «My message to the new world» and published in the daily Tehran Times.

hotel chains are rushing to India’s Northeast—home to natural beauty, rich flora and fauna and diverse culture—to capture a fast-growing market for leisure and business travel. Estimates shared by JLL with ET showed a sharp rise in branded new hotel signings in the Northeast in 2023 with about 1,230 keys signed, up from around 449 keys signed in 2022. Guwahati—considered as the ‘Gateway to the Northeast’—was the most active market, with 1100 keys signed since 2018, followed by Gangtok at 690 keys and Shillong at 280 keys.

When cameras captured California Governor Gavin Newsom walking into CNN’s spin room last Thursday, flashing his Hollywood smile before the presidential debate in Atlanta, a few political observers in his home state rushed to social media with some version of the same annoyed question: “Why is he there?" He was there to cheer on President Joe Biden before his debate with former President Donald Trump. “Biden is confident," Newsom told reporters. “He’s got a record and he’s got a vision for the future." A couple of painful hours later, after a debate in which Biden, his voice raspy and halting, looked every bit of his 81 years, that vision for the future seemed cloudy.

annual summit surprised many in the international community, the genesis of this visit was two telephone conversations between President Vladimir Putin and the Indian PM this year. The two first spoke following Putin’s Presidential polls victory in March. This was followed by Putin’s call to Modi (first P5 leader to telephone the PM) after BJP-led NDA’s election victory on June 4. ET has learnt that during the conversations the two discussed the possible visit by Modi for annual summit and it was decided that the PM could probably visit Russia by middle of this year. The government on both sides then worked to firm up the schedule as it was felt that a political summit was imperative to give momentum to the strategic partnership. Earlier during his trip to Moscow last December External Affairs Minister S Jaishankar had informed that Modi will visit Russia this year and he is also scheduled to attend the BRICS Summit in Kazan, Russia, end of October.

This is in sharp contrast to the last two years, when fast-moving consumer goods (FMCG) companies such as ITC, Dabur, Marico, Britannia, Parle Products, Emami and Hindustan Unilever had been focused mainly on premiumisation with demand turning sluggish in villages as the rise in prices of daily essentials, vegetables and fuel had forced consumers to cut down on spending. In the last two years, more than 60% of launches by large FMCG companies have been in the premium segment. The companies are also investing in “consumer activation” efforts to increase engagement with rural buyers, the executives said. Apart from the expectations of an above-normal monsoon that could bolster farm incomes, companies are expecting policy measures in the July 23 budget to strengthen the revival of demand in rural India.

Rajya Sabha on Tuesday witnessed a war of words between Chairman Jagdeep Dhankhar and the Leader of Opposition Mallikarjun Kharge. When Congress leader Pramod Tiwari was speaking on the motion of thanks to the President's address in the Upper House, Dhankhar interrupted him and said that he should not state unverified facts. At that point, Congress leader Jairam Ramesh said that the Congress leader would authenticate it. This triggered a war of words from both sides. «You are so intelligent, so gifted, so talented, you should immediately come and take the seat in place of Mr Kharge because, by and large, you are doing his job,» the chairman told Ramesh. This was objected to by Kharge and said that the chair was trying to bring the 'varna' system. «That's why you are calling Ramesh very intelligent, and I am dull,» Kharge reiterated. Dhankhar accused Kharge of twisting his remarks and using it to disrespect him.

A few months ago, Edmundo González’s life in retirement consisted of academic conferences, visiting old friends and playing with grandchildren at his Caracas high-rise. Few in Venezuela knew him. Now, the soft-spoken 74-year-old is the opposition’s presidential candidate in the July 28 election and what analysts say could be a last hope for democracy in a country ruled for 11 years by the strongman he is challenging, President Nicolás Maduro.

Jill Biden is launching President Joe Biden's outreach to veterans and military families during a campaign swing through battleground states, drawing contrasts with her husband's Republican rival as the Biden team works to shift the conversation away from growing calls for the Democratic incumbent to drop his reelection bid after a damaging debate performance against Donald Trump. The first lady was to announce the formation of Veterans and Military Families for Biden-Harris during stops Monday in Wilmington, North Carolina; Tampa, Florida; and Columbus, Georgia. The states have large populations of veterans and military families. Her daylong tour is part of the Biden campaign's broader effort to rebound from the president's halting performance against Trump in last month's debate, which led a handful of House Democrats and others to call on Biden to end his campaign because they no longer believe the 81-year-old president is mentally and physically capable of defeating Trump in November's election.

Benchmark 10-year Treasury yields rose nearly 14 basis points to 4.479% overnight, with analysts linking the rise to expectations that Donald Trump will win the U.S. presidency, in turn leading to higher tariffs and government borrowing.

Pittsburgh's most storied steel company, U.S. Steel, is on the cusp of being bought by Japanese steelmaker Nippon Steel Corp. in a deal that's kicking up an election year political maelstrom

Rahul Gandhi will visit Ahmedabad city in Gujarat on Saturday, where he will address party workers, a party leader said. Gandhi will also meet the family members of those who lost their lives in various tragedies in Gujarat in the recent past, including the Rajkot game zone fire, the boat capsize incident in Vadodara and Morbi bridge collapse. The Leader of Opposition in the Lok Sabha is visiting Gujarat days after BJP and Congress workers clashed outside the Gujarat Pradesh Congress Committee (GPCC) office here over alleged anti-Hindu remarks made by Gandhi in the Lok Sabha. Following the clash, complaints were lodged against each other by both the sides and FIRs were registered, leading to the arrest of five Congress workers. Talking to reporters on Friday, Gujarat Congress president Shaktisinh Gohil said Gandhi will also meet the family members of those five Congress workers who are currently in police custody. «Rahul Gandhi will arrive at the GPCC office here around 12.30 pm. During his visit, he will meet and address party workers. He will also meet the kin of the victims who lost their lives in the Rajkot game zone fire and other such tragedies. He will also interact with the family members of those party workers who were arrested by the police after the clash,» he said.

White House insider has claimed that US President Joe Biden’s below satisfactory performance in the first debate is nothing new to those who are close to him and other employees who are part of the presidential staff. Chandler West made these comments and said that the coming days will only be bad for Biden and his supporters. West who served as the deputy director of photography in the White House from January 2021 to May 2022 said this in a post on social media. In recent times, it has been reported that Biden is suffering a visible cognitive decline.

Kazakhstan): The SCO Summit is a major occasion, not least because the organisation represents over 3 billion people – nearly 45% of the world’s population. The SCO plays a key role in fostering regional stability, economic growth, and multilateral cooperation. “As one of the founding members, Kazakhstan has always prioritised the development and success of the SCOwithin our balanced foreign policy framework,” Kazakhstan Deputy Foreign Minister Roman Vassilenko told select group of foreign journalists ahead of the Summit. “This summit is an opportunity for us to reaffirm our commitment to the principles of mutual respect, equality, and consensus-building and to chart a path forward for the organisation.”

Hunter Biden in important meetings has also raised eyebrows. He has also been interacting with the staff at the White House. This has been noticed ever since Joe Biden returned to the White House from Camp David along with his family. There is a sense of panic among the Democrats who are worried about the president’s re-election campaign. Amidst calls for his replacement, his family including Hunter Biden is repeatedly supporting him.

The Federal Reserve is highlighting the importance of its political independence at a time when Donald Trump, who frequently attacked the Fed’s policymaking in the past, edges closer to formally becoming the Republican nominee for president again

Russian President Vladimir Putin has endorsed a bill that raises income taxes for the rich