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telecast Prime Minister Narendra Modi's meditation in Kanniyakumari, during the last phase of polling, it would amount to violation of the model code of conduct, West Bengal chief minister Mamata Banerjee has said. «Around 48 hours before the last phase of election, he goes to some place, sits and meditates. Does anyone meditate in front of cameras? He can meditate, but televisions cannot show it. It violates MCC during the silence period, ahead of the election on June 1,» Banerjee contended. Is he going there to inhale fresh air," she asked, adding that she had planned a trip to Kanniyakumari after polls but dropped it after hearing about Modi's plan. «During elections, such campaigns cannot be done… When someone does puja, is it done before the camera? His time will expire on June 4. He knows that he will be defeated. He has lost in Bihar and other states,» she claimed.

LONDON: Mining group BHP Group on Wednesday walked away from its $49 billion plan to take over rival Anglo American, which rejected a last-ditch request for more time, ending for now its six-week pursuit. BHP's aim was to secure Anglo's prized copper assets in Latin America and increase access to a metal central to the global shift towards clean energy and electric vehicles. But the structure of BHP's deal, which required Anglo to unbundle its South African platinum and iron ore businesses, was a major reason for its collapse.

Ajay Gupta, one of three infamous Gupta brothers, by Indian authorities is a shot in the arm for South Africa's ruling African National Congress (ANC) and the country's President Cyril Ramaphosa in an election season. ANC is seeking re-election in Wednesday's parliamentary polls and the arrest of Ajay Gupta will enable the current ANC leadership to target former president Jacob Zuma under whose rule the Gupta brothers ran a controversial business empire in South Africa. Zuma is accused of backing the Gupta brothers in lieu of personal favours, including financial emoluments. Zuma has formed a separate entity to fight the elections, eyeing to create a rift within ANC supporters and garner votes. This is a high-stakes election for ANC.

Netflix releases the trailer for the romantic comedy "A Family Affair," featuring Nicole Kidman, Zac Efron, Joey King, Liza Koshy, and Kathy Bates. The film, produced by the team behind «Anyone but You,» will stream worldwide on June 28. Trailer

Delhi court on Wednesday took cognisance of a supplementary charge sheet filed by the ED against BRS leader K Kavitha and others in a money laundering case related to the alleged excise scam. Special Judge for ED and CBI cases Kaveri Baweja said the prosecution complaint, the Enforcement Directorate's version of a charge sheet, contained «sufficient» prima facie evidence against the accused. The judge issued production warrant for Kavitha, a Telangana MLC and daughter of former state chief minister K Chandrashekar Rao, for June 3. She is in judicial custody in the case and currently lodged in Tihar central jail. The excise case pertains to alleged corruption and money laundering in the formulation and execution of the Delhi government's now-scrapped excise policy for 2021-22.

Finance Minister Nirmala Sitharaman on Wednesday said the revision in India's rating outlook to positive by S&P reflects solid growth performance and promising outlook for the coming years. India is well on track to become the third-largest economy in the third term of the government and become a Viksit Bharat by 2047, Sitharaman said in a post on X. Earlier in the day, S&P Global Ratings upgraded India's outlook to positive, from stable. This is the first time that S&P has assigned a positive outlook on India's rating. S&P retained India's rating at lowest investment grade of 'BBB-'.

Dune Prophecy has generated curiosity after the success and popularity of 'Dune' and «Dune: Part Two». The movies were released in 2021 and 2024. However, first time we witness 'Dune' in 1984. Now HBO Max is bring the new show «Dune Prophecy». HBO Max show will have six episodes is slated to be released in Fall of 2024. Dune Prophecy is based on "Sisterhood of Dune", a book authored by Brian Herbert. The show delves into In a bold quest to combat the looming threats against humanity, two Harkonnen sisters set out on an epic journey, their determination and prowess laying the foundation for the formation of the powerful sect known as the Bene Gesserit.

EET Retail, the retail division of EET Fuels, has reopened two new service stations recently, with more expected to be opened throughout the year ahead, the firm said Wednesday. «Newly branded Spalding service station and Oakham service station (in the UK) signal a new era of convenience and service for the Essar consumer brand,» it said. This expansion is part of a strategy to develop a significant portfolio of Essar-branded fuel retail outlets and establish a nationwide presence, aligned with EET Retail's vision to become the UK's 'retailer of choice' to consumers.

Engine Lease Finance BV, an aircraft engine lessor of SpiceJet, has moved an insolvency plea before the NCLT against the debt-ridden air carrier over non-payment of over USD 12 million (around Rs 100 crore). Engine Lease Finance (ELF) has leased eight engines to SpiceJet. Along with interest and rental, ELF has claimed an amount of around USD 16 million. The matter was listed before a Delhi-based bench of the National Company Law Tribunal (NCLT) on Wednesday, which heard it briefly. Counsel appearing for SpiceJet sought time to respond to the petition filed by Engine Lease Finance. On this, the NCLT bench comprising members Mahendra Khandelwal and Sanjeev Ranjan directed SpiceJet to file its response to the petition.

volcano in southwestern Iceland erupted Wednesday, spewing red streams of lava in the latest display of nature's power, triggering the evacuation of the popular Blue Lagoon geothermal spa. The eruption began in the early afternoon following a series of earthquakes north of Grindavik, a coastal town of 3,800 people that was also evacuated. The Met Office said lava was shooting about 50 meters (165 feet) into the sky from a fissure about 1 kilometer (1,100 yards) long.

Reserve Bank of India imposed a monetary penalty of Rs 36.38 lakh crore HSBC Limited for violation of reporting requirements under the Liberalised Remittance Scheme. The Reserve Bank found that the violations were substantiated and warranted imposition of penalty even after the banks’ written reply to the show cause notice issued by the regulator. This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers, the Reserve Bank said in a release.

EID Parry(India)Ltd.(up 8.29%), KM Sugar Mills Ltd.(up 4.46%), Simbhaoli Sugars Ltd.(up 3.18%), KCP Sugar & Industries Corporation Ltd.(up 1.75%), DCM Shriram Industries Ltd.(up 0.91%), Balrampur Chini Mills Ltd.(up 0.71%), Shree Renuka Sugars Ltd.(up 0.61%), Mawana Sugars Ltd.(up 0.61%), Dalmia Bharat Sugar and Industries Ltd.(up 0.56%) and Uttam Sugar Mills Ltd.(up 0.19%) stood among the top gainers.

water stock in nearly 3,000 dams in Maharashtra has dropped to 22 per cent of their total storage capacity, with the Chhatrapati Sambhajinagar division recording the lowest at 9.06 per cent, an official report said on Wednesday. There are 2,997 dams in the state where 22.64 per cent of the total storage capacity is available for use as of Wednesday.

Shares of Sunteck Realty Ltd.(up 4.86 per cent), Brigade Enterprises Ltd.(up 1.51 per cent), Phoenix Mills Ltd.(up 0.48 per cent) and Oberoi Realty Ltd.(up 0.01 per cent) ended the day as top gainers in the pack.

The NSE Nifty index closed 183.46 points down at 22704.7, while BSE Sensex ended down 667.55 points at 74502.9.

Western Railway has cancelled or rescheduled several trains following the derailment of a goods train at Palghar railway station in Maharashtra and the restoration work is on more than 15 hours after the incident, officials said on Wednesday. Seven wagons of the goods train derailed at Palghar, located around 100 km from Mumbai, at 5.08 pm on Tuesday, affecting the traffic of Mumbai-bound trains coming from Gujarat, a railway spokesperson earlier said here. No casualties were reported. The goods train with 43 wagons and carrying iron coils was heading to Karambeli in Gujarat from Visakhapatnam.

summer heat in Delhi pushed its peak power demand to an all-time high of 8,302 MW on Wednesday afternoon, officials said. It is the first time in the history of the national capital that its power demand has crossed the 8,300-MW mark. Power distribution companies had estimated the power demand to peak at 8,200 MW this summer, the discom officials said. According to the State Load Dispatch Centre, Delhi, the peak power demand of the city was 8,302 MW at 15:36:32 hours. The previous peak power demand was recorded earlier this month, when it touched 8,000 MW on May 22.

India's capital reached an all-time high of 50.5 degrees Celsius (122.9 Fahrenheit) on Wednesday, according to the government's weather bureau. The India Meteorological Department (IMD), reporting «severe heat-wave conditions,» recorded the temperature in Delhi's suburb of Mungeshpur on Wednesday afternoon, surpassing the 50C mark for the first time in the city's history. Earlier on, the IMD had issued a red alert for many parts of India's northwestern regions and warned of a severe heat wave day.

rupee logged its biggest daily decline against the U.S. dollar in nearly seven weeks on Wednesday, pressured by persistent dollar demand from importers and election-related risks. The rupee ended at 83.3450, down from 83.1775 in the previous session. It fell 0.2% on Wednesday, its biggest daily fall since April 12.

Indian benchmark equity indices closed in the red for the fourth straight session on Wednesday, dragged down by losses in heavyweight financials and IT stocks. Uncertainty around domestic election results and the timing of US rate cuts also contributed to the decline. The 30-share BSE Sensex declined by 668 points, or 0.89%, to settle at 74,503. The broader NSE Nifty dropped 183 points, or 0.80%, to end at 22,704.

IIFL Finance's microfinance subsidiary IIFL Samasta Finance is all set to hit the market next week to raise Rs 1000 crore by selling bonds in public issue. The company, registered as a non-banking finance company-microfinance institution (NBFC-MFI), will be paying interest rates between 9.2% and 10.5% a year.