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Investing.com-- Australian consumer sentiment worsened in early-July, coming close to its weakest level since the COVID-19 pandemic as sticky inflation saw consumers grow more fearful of higher interest rates.

JMM) executive president Hemant Soren on Thursday after CM Champai Soren resigned from the post. The other leaders invited by the Raj Bhavan include state Congress president Rajesh Thakur and RJD leader Satyanand Bhakta. Champai Soren resigned from the post just five months after taking the oath, setting the ball rolling for Hemant Soren to again take over the role and said that the ruling alliance had chosen Hemant Soren as the leader.

dollar remained on the back foot on Wednesday after dovish comments from Federal Reserve Chair Jerome Powell sent U.S. bond yields lower, overshadowing a strong domestic jobs report. The euro held firm, helped by a stubbornly high local inflation reading on Tuesday. Sterling was steady ahead of Thursday's U.K. election.

Hedge fund Segantii Capital Management is winding down. Bloomberg reported last month that it's already returned a third of its assets under management to investors and that it plans to return the rest by October. Staff are being let go. Some are already turning up elsewhere. 

BEIJING — China's real estate problems may be massive, but analysts expect the upcoming Third Plenum to focus on other areas — such as high local government debt levels and a push for advanced manufacturing.

Bombay High Court on Friday extended by four weeks the interim bail on medical grounds granted to Jet Airways founder Naresh Goyal, accused in a money laundering case. On May 6, the high court had granted interim bail for two months on medical grounds to Goyal, arrested in a money laundering case by the Enforcement Directorate (ED). 75-year-old Goyal has now filed an application seeking extension of the same. Goyal, who is suffering from cancer, had submitted to the high court that he has to undergo a preliminary laparoscopic surgery. His counsel Aabad Ponda told a single bench of Justice N J Jamadar that the surgery is scheduled on July 23. The bench took note of this and extended the interim bail for four weeks. «Having perused the medical reports and the situation in which the applicant finds himself, in the backdrop of the physical and psychological ailments, aggravated on account of the demise of his wife, I deem it appropriate to extend the interim bail on medical ground by a period of four weeks,» the HC said. It would hear Goyal's plea for bail both on merits and medical grounds on August 2.

Baird has strengthened its operations in the Northeast as an industry veteran and former wirehouse advisor joins its ranks.

multi-agency search operation is currently in progress to locate two women constables who have been missing from the BSF Academy in Tekanpur, Gwalior, for over a month. The missing constables, Akanksha Nikhar from Jabalpur and Shahana Khatoon from Murshidabad, West Bengal, were trainers at the academy since 2021. As per a TOI report, they disappeared on June 6, 2024. Authorities have alerted BSF units along international borders about their disappearance. The investigation has taken an unexpected turn following the discovery of “suspicious activity” on the constables’ phones. Tracing the phone records revealed that their devices were active in Delhi, Howrah, and Behrampore in West Bengal, near Murshidabad. Investigators are analyzing phone records and CCTV footage from these locations to understand the constables' travel patterns and investigate any potential connections to Shahana’s family in West Bengal. The last confirmed sighting of the constables was at Beacon Hospital in Behrampore on June 7, as verified by CCTV footage. Both their phones have been switched off since their departure from the hospital.

₹1,000-crore empire that expanded beyond Mesco shoes to encompass aviation, shipping, pharma, and that darling of the age, financial services, which could hide a multitude of sins. Success eluded her in many of these fields. Also read | Heat relief: Let street vendors and labourers guide action plans But in the first few years after liberalisation, there were always gullible investors – in a market that lacked any real supervision – who could be relied on to bail out a failing entrepreneur.

Solar Industries India with a target price of Rs 13250. The current market price of Solar Industries India is Rs 12119. Solar Industries India Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 110128.66 Crore) operating in Chemicals sector.

dollar fell a touch on Thursday although moves were largely subdued ahead of a U.S. inflation report due later in the day, while sterling firmed on receding expectations for an August rate cut from the Bank of England (BoE). The British pound rose to a one-month high of $1.28545 in early Asia trade, extending a 0.48% gain from the previous session after comments from BoE policymakers caused markets to scale back bets for an easing cycle to begin next month.

Rajasthan police's special operations group (SOG) for allegedly issuing fake and backdated degrees for courses that the private institution did not have accreditation for. SOG is examining all 43,409 degrees issued since the university's inception in 2013, reported ToI. As per the report, the university under scrunity issued backdated degrees for BEd and BPEd (physical education) programmes before receiving accreditation and awarded MSc agriculture degrees without proper authorisation, said SOG sources to ToI. In the case of issuing fake desgrees, a probe began six days after the arrest of the university's founder-owner, Joginder Singh Dalal, for his alleged role in the scam. SOG's inquiry into paper leaks and malpractices in college entrance and govt exams led to Dalal.

Marico Ltd. traded 0.07 per cent up in Thursday's trade at 12:18PM (IST). Around 17,788 shares changed hands on the counter. The scrip opened at Rs 614.95 and touched an intraday high and low of Rs 614.95 and Rs 605.85, respectively, in the session so far. The stock of Marico Ltd. quoted a 52-week high of Rs 666.85 and a 52-week low of Rs 486.75.

cyberattacks and malicious attempts to steal data has increased over the past five years, which has increasingly surged the risk of financial harm of not only individuals, but also governments and financial entities spread worldwide. According to cybersecurity reports, around 10 billion passwords belonging to various individuals, be it social media or email accounts, have been released on global forums. making it one of the biggest data breaches in the world till now. Such a large bunch of passwords being accessible to hackers and scammers means that the amount of targeted attacks on account users, be it social media or emails, will increase significantly, leading to a massive privacy scare globally.

US Independence Day on the fourth of July will see some amazing fireworks display in the night skies of New York in various areas including the Lyndonville, Lake Placid and others. According to an HT report, the celebrations in New York will continue throughout the day including live music, barbecue and parade on the streets with American flags. Get to know some of the amazing events set to take place on the Fourth of July.

Spot gold was up 1.1% at $2,380.91 per ounce as of 11:08 a.m. (1508 GMT). Bullion is up more than 2% for the week so far. U.S. gold futures gained 0.8% to $2,389.10.

fraudulent activity related to deductions made from his account without any actual investments in a mutual fund scheme. Singh reported that despite the deduction, no investment was made, and a false folio number was generated, which did not exist. Following the complaint, Singh later removed his post and provided an update stating that the issue had been resolved and the deducted money had been refunded. Singh commented, «The Resolution has happened and we have gotten our Refund/fund money back with the correct value so that's a good thing on the Groww team's part. (We have all the details around this).»

Rahul Malani, Equity Research Analyst, Sharekhan, says PSU banks are reporting strong loan growth versus their private peers right now. In terms of PNB has reported a sequential pickup in the loan growth versus the numbers also. So, Sharekhan continues to believe that the journey for PSBs will continue to ride on strong loan growth as well as a benign credit cycle for FY25. Weak numbers reported as opposed to what the market, I guess, was anticipating or do you think it was well in the price or not quite? Rahul Malani: In the last one month. HDFC Bank has already outperformed. A modest expectation was built in HDFC Bank around 1% to 2% deposit growth because Q1 is a weak quarter especially if we look at the flows perspective, as well as the system growth and deposit growth has also been muted. So, already expectation was that the deposits would grow around 1% to 2% but the numbers which overall deposits were flat mainly due to CASA de-grew by around 5%, which was below expectation.

Due to a shock hazard, a California company is recalling nearly 1 million power adapters sold with sound machines marketed to help infants and young children sleep

PI Industries Ltd. traded 3.87 per cent higher in Tuesday's session at 10:05AM (IST). The stock opened at Rs 3795.95 and has touched an intraday high and low of Rs 3910.7 and Rs 3795.45, respectively, during the session so far. The stock quoted a 52-week high of Rs 4032.0 and a 52-week low of 3060.0. About 12,231 shares changed hands on the counter so far.