Russian heat wave reaches record temperatures

Russian heat wave reaches record temperaturesMeteorologists have said that temperatures in Moscow reached 91 degrees in a heat wave that broke a 70-year-old weather record.

RIA Novosti reported on Friday that according to the forecasters, the heat wave in the entire central region of Russia area will last until July 22.

A meteorologist said, "As of 15.00 Moscow time, meteorological stations in Moscow registered 33 degrees Celsius (91 degrees F), 0.2 degrees higher than the record set on July 16, in 1938."

Denver Judge rules stealing of Valor as an unconstitutional act

Denver Judge rules stealing of Valor as an unconstitutional actIt has been reported that a U. S. district judge in Denver has dismissed the case of a man who lied about being a war veteran, saying the Stolen Valor Act is unconstitutional.

The Denver Post reported on Friday that Judge Robert Blackburn threw out the case against Rick Strandlof, who had been charged with misdemeanors for making false claims of receiving military decoration for serving in the Iraq war.

Blackburn ruled that the act violates First Amendment free speech rights.

Food inflation rises to 12.81%

Food inflation rises to 12.81%The yearly food infl

More than half new power in US, EU is green

More than half new power in US, EU is greenOver 50% of all new electric capacity summed up in the United States and Europe during last year was from renewable energy sources such as wind and solar energy. As a result of shifting deployment by developing countries like Brazil, India and China it was a record year to add up new green power.

Exim agrees to guarantee loan for Reliance’s project

Exim agrees to guarantee loan for Reliance’s projectAnil Ambani's Reliance group has succeeded in getting a loan agreement from Exim for its power project at Sasan, in Madhya Pradesh. Exim Bank has just given an introductory approval for lending $600 million which is approximately Rs. 2,800 crore in Indian figures, which will pay for the sale and export by the US firm Bucyrus International.

This grant of loans, according to a study conducted by the Metropolitan Milwaukee Association of Commerce, will also ascertain around 1000 jobs in the US and provide with employment.

Cabinet approves merger of State Bank of Indore with SBI

SBIThe SBI had proposed a merger with State Bank of Indore last year, which had been approved by the SBI central board. After the approval, the Centre even gave an in-principal approval. And now recently, the Cabinet has given its approval over the merger too.

With this merge happening between the two banks, SBI being State Bank of Indore's parent bank, SBI will share a swap ratio of 34:100, agreeing to give away 34 of its shares for every 100 shares from the State Bank of Indore, which is held by a few shareholders.

Pages

News in Focus

BHEL Share Price Target at Rs 520: ICICI Securities

ICICI Securities has reiterated its BUY call on Bharat Heavy Electricals Ltd.

Tech Mahindra Share Price Target at Rs 1,900: Motilal Oswal Research

Motilal Oswal has reiterated a BUY call on Tech Mahindra, arguing that the company’s turnaround is gaining traction and that FY27 growth visibility has improved meaningfully.

Parents and Grandparents Program (PGP) Halted by IRCC as Canada Aims to Streamline Immigration Process

Canada has effectively frozen new entries into its Parents and Grandparents Program (PGP), halting fresh sponsorship applications while continuing to process a sizable backlog from a 2020 lottery p

ICICI Prudential Life Insurance Share Price Target at Rs 650: Motilal Oswal Financial Services

Motilal Oswal Financial Services has reiterated a BUY rating on ICICI Prudential Life Insurance (IPRU), setting a target price of Rs650, implying roughly 2

HDFC Life Insurance Share Price Target at Rs 690: Motilal Oswal Financial Services

Motilal Oswal Financial Services has reiterated a Buy rating on HDFC Life Insurance, nudging its target price higher to Rs 690 — implying roughly 21% headroom from the stock's curr