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Congress on Wednesday reiterated its demand for a joint parliamentary committee into the Adani issue and alleged that the Gujarat government was helping Adani Ports to «secure a monopoly» on the state's port sector. Congress general secretary in-charge communications Jairam Ramesh said the Gujarat government grants private ports a 30-year concession period on a Build-Own-Operate-Transfer (BOOT) basis, after which ownership gets transferred to the government of Gujarat. On the basis of this model, Adani Ports currently has control over Mundra, Hazira, and Dahej ports, he said. Before the 2024 Lok Sabha Elections, Adani Ports requested the Gujarat Maritime Board (GMB) to extend this concession period by another 45 years to 75 years in total, Ramesh claimed.

SpaceX is aiming to break new barriers in polar exploration with the first manned space mission over the Earth's poles — a private flight commanded by a crypto entrepreneur later this year, the company said Tuesday. The mission, dubbed «Fram2» after a 19th century polar expedition schooner, is due to last between three to five days, and was purchased by Chun Wang, a wealthy bitcoin pioneer who founded f2pool and stakefish, for an undisclosed amount. He will be joined by three polar experts: Norwegian filmmaker Jannicke Mikkelsen, German robotics researcher Rabea Rogge, and Australian polar adventurer Eric Philips.

salt and sugar brands, whether packaged or unpackaged, contain microplastics, according to a study published by Toxics Link, an environmental research organization. The study, titled "Microplastics in Salt and Sugar," examined 10 types of salt and five types of sugar sourced from online and local markets. The findings reveal a pervasive presence of microplastics across all samples tested, a PTI report stated.

Indian market is likely to trade higher on Wednesday tracking positive global cues. Foreign institutional investors (FIIs) sold to the tune of Rs 2,107.17 crore, while domestic institutional investors (DIIs) brought to the tune of Rs 1,239.96 crore on Tuesday.

mutual funds (MFs) and foreign institutional investors (FIIs) were seen pulling out money from at least 13 PSU stocks in the June quarter. Interestingly, small retail investors ended up buying all of them. Q1 shareholding pattern reveals that MFs sold stakes in 28 PSU stocks and FIIs were bearish on 30 such counters. Altogether there were 13 'sarkari' stocks sold by both the big boys of Dalal Street.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

clip of US President Joe Biden taking a nap at a Delaware beach has gone viral with a large number of people watching it and reacting to it online. The 46th president of the United States slept on an armchair on the Rehoboth Beach, his favorite. The camera caught him stretching his legs under an umbrella. People reacted to how Biden was taking a vacation with just a few months of presidency left. Netizens have reacted in several ways, some praising him, some expressing concerns, some ridiculing and some criticizing him, some even accused him of dereliction of duty. A user took to the social media platform X to write, «Pre-ice cream cone power nap.»

Bengaluru traffic police have issued an advisory to companies along the Outer Ring Road (ORR) to implement work-from-home (WFH) arrangements on August 14. The recommendation comes in anticipation of heavy traffic congestion due to a long weekend and predicted heavy rainfall. On August 13, the Bengaluru traffic police issued this advisory through a letter addressed to the Outer Ring Road Companies Association (ORRCA). Joint Commissioner of Police (Bengaluru traffic) MN Anucheth stated, «This is to bring to your attention that heavy traffic congestion is expected on August 14, 2024, due to the upcoming long weekend coupled with the predicted heavy rainfall.» ORRCA represents technology parks, IT/ITeS companies, and software development and research centres on the Central Silk Board-KR Pura section of ORR. The advisory further explained, «To minimize disruptions and avoid undue delays, it is requested that member companies consider allowing WFH for their employees on August 14. This measure will not only reduce the number of vehicles on the road but also ensure a smoother commute for those who need to travel.»

smartphone shipments in the April-June quarter. While IDC and Canalys say the market grew 3.2% and 1% year-on-year, respectively, Counterpoint Research and CMR estimate shipments to have declined 2% and 4%. All experts, though, say a muted consumer demand and rising average selling prices will continue to drag overall recovery of the market. Text by Subhrojit Mallick QUARTERLY HIGHLIGHTS (IDC)

Nirmala Sitharaman on Tuesday defended the extant taxation regime, highlighting that the pressure of meeting several challenges and compelling spending requirements, including for research and development, are preventing the government from slashing tax rates. The minister called on academics to apply for more and more patents to cash in on the commercial value of such knowledge while benefiting society at large. She was speaking at a convocation ceremony of the Indian Institute of Science Education and Research in Bhopal. «There are times when being the finance minister, it doesn't give me motivation when I have to answer people about why our taxes are like this? Why can't we even be lower than this?» she said.

Tesla CEO Elon Musk wrote on Twitter in 2016 inviting Indians to preorder Tesla Model 3s

If nothing else, former President Donald Trump and Vice President Kamala Harris agree on one thing, at least: Both say they want to eliminate federal taxes on workers’ tips

JD Vance has endorsed former President Donald Trump’s call for the White House to have “a say” over the Federal Reserve’s interest rate policies — a view that runs counter to decades of economic research suggesting that politically independent central ...

The Conference Board chief economist Dana Peterson analyzes the job market and consumer confidence on Making Money.

Mars stores enough groundwater to form oceans on the planet's surface, an analysis of the data collected by NASA has suggested. However, the water is present several kilometres the surface, so extracting it to «supply a future Mars colony» is not feasible, the researches said. The amount of groundwater it contains can cover the entire planet, which is about half of Earth's size, to a depth of up to two kilometres, according to the research team. For those tracking the fate of water after the planet's oceans disappeared over three billion years ago, the study's results are «good news,» the researchers, including those from the University of California (UC) in Berkeley, US, said.

Euphoria in the stock market has prompted scores of new investors to scour the internet for stock tips, giving rise to a host of illegal stock advisory channels. Despite the booming demand, only 1,371 entities are officially registered with Sebi as research analysts (RAs). In response, the markets regulator has proposed relaxing the rules for becoming an RA.

critical minerals industry. The funding illustrates the efforts India is making to get the critical mineral industry off the ground and cut the country's near-total reliance on imports of lithium and rare earths mineral that are key to energy transition technologies. So far, India's attempts to create a critical minerals mining industry have faltered. The country awarded development rights in June to a lithium block in Chhattisgarh state but a separate attempt to auction lithium blocks in Jammu and Kashmir found no takers because of low mineral concentration and high extraction costs.

₹30,000 a month, which is far higher than what new employees get on average in cities. The prospect of stable employment is an added incentive. Yet, such a scramble for government employment is also a symptom of the lack of quality jobs in an economy that has otherwise had a good run since the pandemic.

Sebi chief Madhabi Puri Buch and her husband by the US short-seller Hindenburg Research. Stocks that were in focus include names like Voltas, which rose 10.69%, RVNL, which jumped 11.16%, and MapMyIndia, whose shares increased 3.75% on Monday.

Mint on 12 July, K. Krithivasan, CEO of India’s largest IT services company, Tata Consultancy Services Ltd (TCS), said that delivering differentiations to clients is key, instead of riding a hype cycle. However, the road to adoption is still hazy.

Buy or sell stocks for today: Domestic benchmark equity indices Sensex and Nifty 50 ended Monday's session with little change, reflecting mixed global cues. Despite an earlier dip, both indices recovered by the afternoon, buoyed by positive trends in international markets and fresh inflows of foreign capital.