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Forex kitty update: Reserves drop $3.06 billion to $696.67 billion; second weekly decline in a row

India’s foreign exchange reserves fell by $3.06 billion to $696.67 billion for the week ended July 11, marking the second consecutive weekly decline, according to data released by the Reserve Bank of India (RBI).The forex kitty had previously decreased by $3.049 billion to $699.736 billion in the week ending July 4.For the week ending July…

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Powerful earthquakes in Russia: Tsunami alert issued; three quakes including 7.4 magnitude strike off near Kamchatka

Three powerful earthquakes struck off the coast of Russia’s Far East on Sunday, triggering a tsunami alert, the United States Geological Survey (USGS) said.The first quake, with a magnitude of 5.0, was followed by a 6.7-magnitude earthquake at 07:07 UTC, located 151 km east of Petropavlovsk-Kamchatsky, at a depth of 8.7 km, according to the…

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D-Street ahead: What will guide market sentiment this week? Here’s all you need to know

Stock market: A busy week ahead, marked by major earnings announcements, global market cues, and multiple corporate actions, is expected to steer investor sentiment as markets resume trading on Monday. This follows after Indian benchmark indices ended the week on a weaker note, with the Nifty declining 0.7%, signaling caution among investors ahead of crucial…

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‘Why ‘Hamas-run hospital’ but never ‘US-backed IDF’?’: Zohran Mamdani calls out double standards on Israel-Gaza coverage; slams BBC

Zohran Mamdani (AP image) Democratic mayoral candidate Zohran Mamdani criticized public broadcaster BBC for biased reporting on the ongoing Middle East conflict. He condemned the use of selective language in its coverage of the Israel-Gaza war, questioning why the outlet uses terms like “Iran-backed Houthis” or “Hamas-run hospital,” but avoids labels such as “US-backed IDF”…

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Trump administration imposes restrictions on Mexican flights; threatens Delta-Aeromexico partnership; blames Biden for aviation deal breach

US President Donald Trump’s administration on Saturday imposed new restrictions on flights from Mexico. It also warned of ending the long-standing partnership between Delta Air Lines and Aeromexico, in retaliation to limits imposed by the Mexican government on passenger and cargo flights into Mexico City in recent years.“Joe Biden and Pete Buttigieg deliberately allowed Mexico…

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‘Considerable threat’: Typhoon Wipha triggers highest storm warning in Hong Kong, disrupting travel across South China

The powerful Typhoon Wipha disrupted air travel on Sunday across Hong Kong and neighbouring Chinese airports as it tracked westward along the southern coastline. Flight operations at airports in Hong Kong, Shenzhen, Zhuhai, and Macao were suspended during daylight hours, according to their official websites. Several high-speed rail services in the region were halted.Hong Kong…

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‘They were best friends’:Jeffrey Epstein’s ex girlfriend Stacey Williams on Trump-Epstein bond; describes duo as ‘bro’ and ‘wingman’

Former model Stacey Williams (Image: X/@JoshTBoswell) and US President Donald Trump (PTI image) Stacey Williams, former girlfriend of Jeffrey Epstein has claimed that the disgraced financier and Donald Trump were “best friends” and “up to no good” during their long-standing friendship, as the US president continues to distance himself from the Epstein scandal.Williams had briefly…

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Blackstone drops out TikTok US deal consortium: Why the firm backed out? Key reasons explained

Blackstone has pulled out of a consortium aiming to invest in TikTok’s US operations, adding to growing uncertainty around the deal, sources told Reuters on Friday.The investment group, led by Susquehanna International Group and General Atlantic, both existing investors in TikTok’s parent company ByteDance, had been seen as the front-runner to acquire majority control of…

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2016 election probe: Donald Trump backs Tulsi Gabbard; slams Barack Obama and ‘thugs’

US President on Saturday backed director of national intelligence Tulsi Gabbard for calling out the prosecution of former President Barack Obama and senior members of his administration, accusing “thugs” of working together to hurt Donald Trump’s win in the 2016 election and damage his presidency afterward.In a post on his social media platform Truth Social,…

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