Coffee Break World View 22 July

Coffee Break World View 22 July

(World and India News – Tomorrows News Today)

QUOTES

  • “Where do I get my corny dad jokes? I store them in my dad-a-base.”
  • “Why was the broom late for work? It over-swept.”
  • “What is an alien’s favorite place on a computer? The space bar.”
  • “Buses stop at bus stations; trains stop at train stations… Guess what happens at my workstation?”

WORLD AND INDIA NEWS 22nd JULY FOR MARKETS SCROLL DOWN (www.truedata.in )

WORLD NEWS

China surprises with cuts to key rates to support fragile economy, The one-year loan prime rate (LPR) was lowered to 3.35% from 3.45% previously, while the five-year LPR was reduced to 3.85% from 3.95%.

U.S. President Joe Biden ended his reelection campaign on Sunday after fellow Democrats lost faith in his mental acuity and ability to beat Donald Trump, leaving the presidential race in uncharted territory.

US Some 30 million people are under heat advisories or excessive heat warnings in effect through Wednesday, with some projections topping 110 degrees Fahrenheit (43 Celsius).

US West prepares for more days of record-breaking heat

Morning Bid: Wall Street in measured mood as Biden bows out

UK finance minister hints at above-inflation pay rises for public sector workers

Cooler UK weather chills retail sales in June

Repeat Ultra-rich entrepreneurs threaten to desert Britain over tax

Canada retail sales fall in May, boosting interest rate cut calls

Wall St ends lower in aftermath of global tech outage

US Service inflation persists, hard to stay below 3% -strategist

Market Insight: Aggressive Trump China policy 'could be problematic' for Big Tech

Neutral rate cannot determine monetary policy in India, says cenbank chief

UK borrowing overshoot underscores task for new government

China to hasten work on redrawing model for real estate industry

Stocks fall as global cyber outage weighs; dollar, yields rise

Geopolitics overtakes inflation at top of sovereign wealth fund worry list

European banks' earnings in spotlight after big share price gains

Oil prices rise as investors look for signs US rate cuts to begin

Asia stocks skid as China trims rates; Biden bows out

Ryanair quarterly profit misses estimates, warns of weaker summer fares

Wall St Week Ahead: Investors count on earnings to calm $900 billion US tech rout

Brazil secures deal for G20 consensus documents ahead of Rio meetings, official says

Delta Air Lines grapples with flight cancellations after tech outage

Global IT outages at Newark International Airport

Exclusive: Nvidia preparing version of new flagship AI chip for Chinese market

Biden's exit could spur Trump-trade unwind, divided government eyed

Exclusive: Illicit chip flows to Russia seen slowing, but China, Hong Kong remain transshipment hubs

Xpeng, Volkswagen set up project house to roll out new EV architecture

US regulator privately finds weak risk-management at half of large banks, Bloomberg reports

Harris' business views: friendly to Big Tech, aggressive in climate fight

The electric aircraft maker Eve Air Mobility showcases for the first time the full-scale prototype of its electric vertical take-off and landing (eVTOL) aircraft at an event in Gaviao Peixoto

Backed by Biden, Harris moves to lock up White House bid

Russia's Tuapse oil refinery damaged in Ukraine drone attack, Russian officials say

Harris campaign locks in delegates and Democrat state chair support, sources say

Trump says Kamala Harris will be easier to defeat than Biden

Taiwan starts annual war games, aiming to closely mimic actual combat

Israel shoots down missile fired from Yemen after striking Houthis

Kamala Harris wins 2024 backing of many Democrats, but Pelosi, others are silent

U.S. Vice President Kamala Harris campaigns in Philadelphia, Pennsylvania

Bangladesh court scraps most job quotas that sparked deadly protests

Russia says defence systems downed 75 drones launched from Ukraine

China's Philippines embassy demands answers for propaganda against COVID vaccine

Fire-hit tanker enters Malaysia terminal area after being detained by coast guard

Next-generation US jet fighter program may get hit by budget woes

Kamala Harris' vice president - top names include Beshear, Buttigieg

Renault CEO calls for flexibility in European EV transition timeline

India ed-tech firm Byju's founder faces reckoning as startup implodes

China hedge funds brace for upheaval from tough new rules

China, Philippines agree on 'provisional arrangement' for South China Sea resupply missions,

Economy booms but India's young hanker for government jobs

Thousands protest in Spain's Mallorca against mass tourism

Italy's Meloni put domestic concerns first in rejecting von der Leyen

Brazil halts some poultry exports after Newcastle disease case

Panama to start deporting migrants from Darien Gap within months

Democracy remains at risk in Guatemala, says UN human rights chief

For the first time, a Games opening ceremony will not take place in a stadium. Instead, dozens of boats will carry thousands of athletes and performers on a floating parade down the Seine.

Paris hopes security won't spoil the party at 2024 Olympics opening

Wildfires in Canada's Alberta, British Columbia prompt evacuation orders

Havana's roads change as Cubans adopt electric bikes and vehicles

INDIA NEWS

HDFC Bank Net Profit Surges 33% To Rs 16,474 Crore In June Quarter

India ed-tech firm Byju's founder faces reckoning as startup implodes

PM Modi has applauded global defence giant Lockheed Martin's commitment towards realising the vision of 'Make in India, Make for the World.'

Elon Musk Congratulates PM Modi On Becoming Most Followed Leader On X

UPI Adding Up To 60 Lakh New Users Every Month, Global Adoption Surges

Economic Survey To Be Tabled In Parliament Ahead Of Budget: Live Updates

India's Vedanta raised $1 bln through QIP share offering

Rupee holds just above all-time low as state-run banks' dollar sales support

India's Reliance Industries falls as weak energy, retail weigh on Q1 results

India's HDFC Bank up on margin improvement; loan-to-deposit ratio in focus

India's HDFC Bank beats Q1 profit forecast, margins stable

India's Wipro tanks after Q1 results flag growth concerns

India's Yes Bank April-June profit climbs on lower provisions

Indian refiner BPCL sees further cuts in oil OSPs as fuel margins drop

India's UltraTech Cement expects another quarter of stymied growth

Reliance, Wipro weigh on Indian shares amid volatility spike ahead of budget

India Kotak Mahindra Bank appoints external auditor post RBI order

India's Electricity Demand May Surge By 8% This Year: Report

Economy booms but India's young hanker for government jobs

One dead from Nipah virus in India's Kerala state, state health minister says

Badminton-Win or lose, India's Crasto promises a treat in Paris

India not content with just qualifying for team events at Paris Games, says table-tennis coach

Indian airlines, airports and some brokerages affected by global IT outage

Violence erupts across Bangladesh after anti-quota protest by students

Taxis, security escort help Indian students escape violence-hit Bangladesh

Fire On Navy Ship During Repair At Mumbai Naval Dockyard, None Hurt

Fresh Terror Attack After Army Chief's Visit Thwarted In Jammu's Rajouri

Air India Offers Full Fare Refunds As Flight Operations Hit Due To Heavy Rain In Mumbai

Heritage Not Just History But "Shared Consciousness" Of Humanity: PM Modi At UNESCO Event

5 Die Of Chandipura Virus, 13 New Suspected Cases Reported In Gujarat Today

Mumbai, Nearby Areas Receive Over 100mm Rainfall In 12 Hours; Flights Diverted

4 Get 20-Year Jail Term For Raping 17-Year-Old Girl In 2021 In Odisha

Over 4,500 Indian Students Return From Violence-Hit Bangladesh

8 Indians Rescued From Myanmar Scam Centre

"1 Lakh Agniveers In Army, They Perform Same Duties": Top Officer

Truck Dumps Gravel On 2 Women, Tries To Bury Them Alive In Madhya Pradesh

Mobile Internet Suspended For 24 Hours In Haryana's Nuh Ahead Of Hindu Group March

11-Year-Old Boy Dies While Shooting Prank Reel In Madhya Pradesh: Police

N Sitharaman To Present 7th Successive Union Budget, A New Record

Kerala Woman, Who Fell Unconscious After Being Given Wrong Injection, Dies

Youngster Dies While Doing Bike Stunts For Reels In Hyderabad

Karnataka High Court Recalls Order Stating Only Viewing Child Pornography Not An Offence

7 Bombs Defused In Manipur's Imphal East District By Joint Army, Police Team

3.5-Magnitude Earthquake Hits Jammu And Kashmir

40 Killed In Rain-Related Incidents In Himachal Since Onset Of Monsoon

Matter Of Immense Joy India Hosting World Heritage Committee Meeting: PM Modi

Doctors Remove 77 Needles From 19-Year-Old Woman's Head In Odisha, victim of sorcery

7 Arrested In Goa For Cheating US Citizens Through Fake Call Centre

Indo-Bangladesh To Remain Open For 24 Hours For Students, Stranded People To Enter India

Tomato Rates Soar To Rs 100/kg In Delhi As Rains Hit Supply

PM Modi, His New Zealand Counterpart Agree To Advance Bilateral Ties

Border Force Officer, Jawan Die Due To Heat Exposure During Pak Border Patrol

Free Electricity, Medical Treatment: Arvind Kejriwal's 5 Guarantees For Haryana

US Ambassador Eric Garcetti Enjoys Electric Scooter Ride In Kolkata

Dawood Declared Terrorist In Individual Capacity, Says Bombay High Court; Grants Bail To Two UAPA Accused

What Recovery Of Austrian Gun 'Steyr AUG' From J&K Terrorists

Madhya Pradesh Girl, 13, Raped In Moving Car By Man She Met On Instagram

500 Para Commandos To Hunt Pakistani Terrorists In Jammu After Attacks

"Good Conversation": S Jaishankar Holds Phone Talks With Ukrainian Counterpart

Diverted Air India Flight Takes Off For San Francisco

Elon Musk Congratulates PM Modi On Becoming Most Followed Leader On X

Wife, Parents To Get Equal Compensation If Madhya Pradesh Cop Dies On Duty

SpiceJet Says Services Up Again After "Resolution" Of Microsoft Outage

PM Modi Congratulates Ursula Von Der Leyen On Being Re-Elected As EU Chief

"Atmanirbharta" Cannot Be At Cost Of Nation's Defence: Air Force Vice Chief A P Singh,

A tender has been floated by the government body to set up a contact centre for "a robust system which can replace EPFO's grievance registration portal (EPFiGMS)

S Somanath, ISRO Chief Gets His PhD From IIT-Madras: "A Village Boy's Dream Fulfilled"

Delhi Cops Crack Kidney Sale Racket Operating Across 5 States

Fliers Get Handwritten Boarding Passes After Microsoft Outage Hits Systems

The Karnataka Quota Bill ?is now on hold following severe backlash by industry stakeholders.

WORLD MARKETS 22nd July

STOCKS

Index????????????????????? Last????????????????????????? % Change

S&P 500?????????????? 5,505.00????????????? -0.71%Negative

Euro STOXX 50?? 4,827.24????????????? ?????????????? --

FTSE 100????????????? 8,155.72????????????? ?????????????? --

Nikkei 225?????????? 39,599.00??????????? -1.16%Negative

COMMODITIES

Future?????????????????? Last?????????????? ???? ????% Change

Gold?????? ?????????????? 2,398.90????????????? +0.14%Positive

Copper? ?????????????? 815.00?? ?????????????? -0.65%Negative

Brent Crude Oil? 83.02???? ?????????????? +0.47%Positive

CBOT Soybeans? 1,096.00????????????? -0.30%Negative

CURRENCIES

Exchange????? ???????Last???????????????????? ???% Change

EUR/USD???????????? 1.0887?? ?????????????? +0.09%Positive

GBP/USD???????????? 1.2914?? ?????????????? -0.04%Negative

JPY/USD?????????????? 0.0064?? ?????????????? +0.54%Positive

CNY/USD???????????? 0.1375?? ?????????????? -0.04%Negative

YIELDS

Name??????????? ??????Yield??????????????? ????Change

US 10Y? ?????????????? 4.223???? ?????????????? -0.016

DE 10Y? ?????????????? 2.463???? ?????????????? ?? --

UK 10Y? ?????????????? 4.122???? ?????????????? -0.004

JP 10Y?? ?????????????? 1.048???? ?????????????? +0.004

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