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GLOBAL NEWS | Sun, 12 Jul 2026, 2:30PM IST Shunned by bigger studios as too risky, Michael and other hits have revived Hollywoods last major independent studio. But is it enough?

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25m

GLOBAL NEWS | Sun, 12 Jul 2026, 2:30PM IST As more states and municipalities continue their push to build affordable housing, companies like Costco and Target are riding along and getting their stores into crowded cities.

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25m

INDIA BUSINESS | Sun, 12 Jul 2026, 2:26PM IST Antimicrobial resistance now challenges routine surgical procedures and increases infection risks. Surgeons warn that losing effective antibiotics undermines decades of progress in safe surgery. Hospitals are adopting stricter antibiotic stewardship and infection prevention measures. Multidrug-resistant organisms pose a significant challenge to treating post-operative infections effectively. Preserving antibiotic effectiveness is a shared responsibility for future generations.

Continue reading at Economic Times

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INDIA NEWS | Sun, 12 Jul 2026, 2:20PM IST New Delhi, Karnataka Chief Minister D K Shivakumar is known for being a 24x7 politician battle-hardened by his vast travels, but there is one thing that still awakens the boy within - a ride on his Yezdi Roadking.The love affair between Shivakumar and the popular bike of yesteryear is chronicled in Rasheed Kidwai's new book 'D K Shivakumar - Congress' Crisis Manager, Karnataka's Kingmaker'.Around 1980, when Shivakumar was still a college student - energetic, active and already showing an unmistakable flair for leadership - he became known among friends and fellow students for the way he organised people around him, the book published by Hachette India says.It notes how he gathered groups effortlessly, both inside and outside the college campus, guiding them with a natural authority that hinted at the political instincts he would later refine in public life.Shivakumar's involvement in college elections sharpened those instincts even further."In those years, he often rode a Yezdi Roadking motorcycle bearing the numberplate CEA 7684. It became a symbol of his youthful charisma - the bike he used to crisscross between hostels, campaign spots and college grounds," the book says.Even before Shivakumar completed his degree, he received a Congress ticket, contested the Assembly elections, became an MLA in 1989, and soon after, a minister.As responsibilities multiplied, the bike quietly slipped into the background, eventually gathering rust in a corner of his Sadashivanagar home.One day, Shyam, a close friend of Shivakumar, noticed the neglected motorcycle and moved by nostalgia, he told Rajasekhar, one of Shivakumar's trusted aides, that he wanted to restore the bike, according to the book.Rajasekhar agreed, and the old Roadking was taken away.Shyam entrusted the work to the son of a family friend, Suprith Naik, who was passionate about vintage bikes, the book says.But restoring the machine turned into a hunt that spanned cities and continents - spare parts had to be sourced from Chennai, Mysuru, Mumbai and even Vietnam, it says.Over six months, with skilled mechanics in Byatarayanapura and Katriguppe working tirelessly, the Roadking slowly returned to life.The engine thumped again with its iconic 'dugu-dugu-dugu' rhythm, gleaming like the machine Shivakumar once rode as a young student leader, the book says.On June 3, 2024, when Shivakumar visited JP Nagar for a personal event, he had no idea what awaited him.Shyam and Suprith invited him to step outside - where his restored Yezdi Roadking stood in the parking lot, shining proudly."Shivakumar's eyes lit up. He circled the motorcycle, touched it with affection and kicked the starter. When the engine roared to life, he smiled, revved it gently, and posed for photographs, asking them to send the bike home," the book says.Two months later, on September 1, 2024, the bike was formally handed back to him at his Sadashivanagar residence, it adds.Shyam gifted him two photographs - one from his youth, astride the original bike, and one of him on the restored version.Shivakumar started the bike again, this time with childlike delight as mediapersons captured the emotional moment, the book says.Even Anand Mahindra, the owner of Mahindra Group, appreciated the gesture on social media, praising the preservation of a "historic personal artifact".Shivakumar instructed his interior designer to create a dedicated space in the dining hall so the bike could be displayed like a family heirloom.But the bike had one more surprise. On August 19, 2025, the Roadking stood atop the newly constructed flyover ramp at the Hebbal Junction, which was to be inaugurated by then-chief minister Siddaramaiah and Shivakumar, then his deputy, that day."After the ribbon-cutting, in a moment that merged nostalgia with statesmanship, Shivakumar climbed onto his restored 40-year-old motorcycle, still dressed in his old khadi attire from his youth, and rode across the flyover," the book recalls."The deep, familiar thump of the engine echoed through the new corridor of the city. Siddaramaiah was astonished, not just at the machine's immaculate condition, but at the joy on his deputy's face," the book says.It was a reminder that no matter how far a man travels amid power, politics and public life, the memories of his first journey can still awaken the boy within, the book adds."That day, the restored Roadking did more than cross a flyover. It carried with it the weight of four decades, the sentiment of friendship and the living proof that even leaders forged in fire have gentleness tucked away in the corners of their memories," the book says.Kidwai's book captures the rise of Shivakumar, from his student leader days to becoming the chief minister of Karnataka.It also chronicles how Shivakumar was the troubleshooter-in-chief for the Congress on several occasions when its MLAs had to be protected from poaching, including the August 2017 Rajya Sabha polls when Ahmad Patel won a hard-fought election.On June 3, Shivakumar took oath as the chief minister of Karnataka, marking a change of guard in the state, and formally ending his long-drawn power tussle for the post with his predecessor Siddaramaiah.

Continue reading at Economic Times

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INDIA NEWS | Sun, 12 Jul 2026, 2:02PM IST England and Argentina will meet on Wednesday in a blockbuster World Cup semi-final infused with decades of bitter rivalry after they battled past Norway and Switzerland respectively in the quarter-finals.The South Americans and their talisman Lionel Messi must defeat England in Atlanta to keep alive their hopes of becoming the first team to win back-to-back World Cups since Brazil in 1962.England and their key partnership of Jude Bellingham and Harry Kane must win to have any hope of ending a 60-year wait for a major trophy.The winner of that game will take on the victor of France's semi-final with Spain -- they meet in Texas on Tuesday -- in the final on July 19.The Argentina v England match comes 40 years after a seismic encounter in the quarter-finals of the 1986 World Cup in Mexico.Argentina secured a 2-1 victory at the Estadio Azteca with two goals from Diego Maradona -- one the infamous "Hand of God" when he punched the ball into the net and the other a dazzling solo effort considered one of the greatest goals ever to grace a World Cup.But the match will also take place against the backdrop of a lingering sovereignty dispute over the Falkland Islands in the South Atlantic Ocean, known in Spanish as the Malvinas.Britain sent a military taskforce in 1982 to reclaim the islands after Argentine troops invaded.After Argentina beat a dogged Swiss side 3-1 in Kansas City on Saturday thanks to extra-time goals from Julian Alvarez and Lautaro Martinez, their coach Lionel Scaloni attempted to take the political heat out of the meeting with England."The message is this is a football game. That's what I can say," Scaloni said."It is a football game and we will be playing against a very tough opponent. They have an excellent coach and this is a football game and that's all." 'Very lucky 'That coach, Thomas Tuchel, was angry with his England team after they needed extra-time on Saturday to end Norway's historic run in sweltering Miami.Two goals from Jude Bellingham gave England a nervy 2-1 victory to send England into the semi-finals for only the fourth time in history.Tuchel said his team would need to make a noticeable improvement if they were to have any chance of reaching the final.In energy-sapping Florida heat and humidity, England's shaky defence allowed Andreas Schjelderup to unleash a rasping shot from the left to put Norway ahead on 36 minutes.But England got a huge break in first-half stoppage time when Bellingham equalised after an attack that was initiated when a goal kick from Norway goalkeeper Orjan Nyland appeared to hit an overhead camera cable.Norway's players protested in vain and the goal stood. The Norwegians also had a goal controversially disallowed before Bellingham then poached the winner in extra-time."We made life very, very difficult for ourselves today," Tuchel said afterwards."The result is fantastic. The last four is amazing, but not happy with the performance... we were very lucky today."While football's world governing body FIFA later said there was "no evidence" the ball had hit the cable before England's first goal, Norway coach Stale Solbakken was adamant."That was unlucky for us," Solbakken said. "The ball fell straight down from the sky, so it changed its direction. But we can't do anything about that."Erling Haaland, the marauding forward who scored seven goals as Norway reached uncharted waters at the tournament, said his team's performance had inspired a new generation."How we put Norway on the map is maybe one thing that touches me the most," said Haaland, who failed to score for the first time in 15 competitive games for his country."Hopefully now we can establish something when it comes to Euros, World Cups and everything because our generation is amazing and also all this gives motivation to young people back in Norway that it's possible to play a big stage in the world with a Norwegian shirt."

Continue reading at Economic Times

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INDIA MARKET | Sun, 12 Jul 2026, 2:00PM IST The Indian currency has appreciated around 2.2% till June end from its lowest level of Rs 96.8 against US dollar on May 20, 2026.

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INDIA BUSINESS | Sun, 12 Jul 2026, 1:52PM IST Realty major DLF Ltd Chairman Rajiv Singh's remuneration rose 20 per cent to Rs 44.06 crore in the last fiscal amid better performance, according to its latest annual report. As per the list of remuneration paid/payable to directors/KMPs (key managerial personnel) during 2025-26, the DLF's Chairman and whole-time director has received Rs 44.06 crore remuneration for the last fiscal year against Rs 36.65 crore in 2024-25. Out of the total remuneration paid to the DLF Chairman, Rs 41.74 crore has been in the form of commission. DLF's Managing Director Ashok Kumar Tyagi has received Rs 15.30 crore as remuneration for 2025-26, up 8 per cent from Rs 14.16 crore in the preceding year. Out of this, Rs 5.45 crore is in commission form. The remuneration of DLF's MD Devinder Singh increased 24 per cent to Rs 17.52 crore last fiscal from Rs 14.16 crore in 2024-25. He received Rs 7.68 crore as commission. Tyagi and Devinder Singh became Managing Directors with effect from August 4, 2023. DL

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INDIA MARKET | Sun, 12 Jul 2026, 1:43PM IST Graham emerged as one of Trump's closest allies in Congress, becoming a trusted adviser on national security

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INDIA BUSINESS | Sun, 12 Jul 2026, 1:37PM IST Soluble fertilizer prices have surged sixty to one hundred percent over the past year. This sharp increase poses a significant risk to farmer consumption this Kharif season. Uncertain monsoon conditions could support demand for water-soluble products due to lower water usage. High prices may push farmers towards cheaper phosphatic alternatives like SSP. Consignments are arriving, and prices might ease after market distribution.

Continue reading at Economic Times

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INDIA MARKET | Sun, 12 Jul 2026, 1:35PM IST A potential NSE listing is positioned as the final step to "complete the trioka" of India's market infrastructure, with forward-looking benefits expected in transparency, valuation discovery and global index inclusion, according to a research report by Jefferies.

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INDIA MARKET | Sun, 12 Jul 2026, 1:34PM IST India-Canada FTA: The two sides look to wind up the talks this year itself.

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INDIA MARKET | Sun, 12 Jul 2026, 1:33PM IST Last week, four major firms experienced a significant market valuation increase of over Rs 92,000 crore, with HDFC Bank and Bharti Airtel leading the charge. Despite benchmark indices Sensex and Nifty dipping slightly and breaking their winning streak due to geopolitical tensions and escalating crude oil prices, the markets managed to recover some of those losses towards the end of the trading week.

Continue reading at Economic Times

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INDIA NEWS | Sun, 12 Jul 2026, 1:33PM IST New Delhi: India and Canada concluded the third round of negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA) in Ottawa on July 10, as the two sides look to wind up the talks this year itself.The issues that figured in the five-day talks include trade in goods, services, intellectual property, rules of origin, sanitary and phytosanitary measures, and technical barriers to trade, among others.Also read: ONGC moves closer to India's first geothermal plant"India and Canada concluded the 3rd Round of negotiations for the India-Canada CEPA in Ottawa from 6-10 July 2026. The discussions witnessed positive progress across multiple negotiating tracks, reaffirming the shared commitment of both countries to conclude the negotiations in 2026, in line with the vision of the leaders," the Department of Commerce said in a social media post.The negotiations are important as the two sides have targeted to increase the bilateral trade to USD 50 billion by 2030.In 2025-26, the two-way trade dipped 8.22 per cent to USD 7.95 billion (USD 4.67 billion exports and USD 3.28 billion imports) from USD 8.66 billion in 2024-25 (USD 4.22 billion exports and USD 4.44 billion imports).Canada represents a market of 41.65 million people (2025) and a GDP of USD 2.34 trillion at purchasing power parity.Key exports from India to Canada include pharmaceuticals, iron and steel, seafood, cotton garments, electronic goods and chemicals, among others. The main imports include pulses, pearls and semi-precious stones, coal, fertiliser, paper and petroleum crude.Also read: India-Canada FTA talks can be concluded before year end target: Piyush GoyalIndia's main services sector exports include telecommunications, computer and information services, and other business services.Canada is also home to over 4,25,000 Indian students and a strong Indian community. Joint Secretary in the Department of Commerce, Brij Mohan Mishra, is the chief negotiator from the Indian side. Bruce Christie is Canada's chief negotiator.

Continue reading at Economic Times

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INDIA MARKET | Sun, 12 Jul 2026, 1:15PM IST IPO Listings This Week: Two mainboard issues will open for subscription

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INDIA MARKET | Sun, 12 Jul 2026, 1:14PM IST 4 of India's 10 most-valued companies added nearly 93,000 cr in market capitalisation last week, led by HDFC Bank and Bharti Airtel, even as benchmark indices ended lower amid geopolitical tensions

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INDIA MARKET | Sun, 12 Jul 2026, 1:11PM IST Legendary playback singer S Janaki, the 'Nightingale of South India,' passed away at 88.

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INDIA MARKET | Sun, 12 Jul 2026, 1:02PM IST Akansha Ranjan and Sharan Sharma tied the knot in an intimate Mumbai wedding ceremony.

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INDIA MARKET | Sun, 12 Jul 2026, 12:59PM IST Iran has announced the closure Strait of Hormux closure as tensions escalate in teh region. Get all US-Iran War news live updates here.

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INDIA BUSINESS | Sun, 12 Jul 2026, 12:56PM IST The Supreme Court will hear a plea seeking airfare regulation guidelines. This plea addresses unpredictable fluctuations and ancillary charges by private airlines. The court previously flagged exorbitant festival fare hikes as exploitation. A new aviation act is coming into effect, with rules under consultation. The petition argues for a regulator to ensure passenger protection and transparency.

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INDIA MARKET | Sun, 12 Jul 2026, 12:51PM IST Edelweiss CIO Trideep Bhattacharya argues that largecap funds may be losing their edge due to structural market share shifts. He favours flexicap and midcap funds for better growth potential, remains underweight IT amid transition, and is bullish on financials, while selectively approaching small caps and emerging AI-linked investment themes.

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2h

INDIA MARKET | Sun, 12 Jul 2026, 12:50PM IST This is the third time in the tournament's 96-year history that all four semi-finalists are former FIFA World Cup champions.

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2h

INDIA MARKET | Sun, 12 Jul 2026, 12:50PM IST FMCG giants cuts worksforce despite median pay growth

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INDIA NEWS | Sun, 12 Jul 2026, 12:37PM IST The Employees Provident Fund Organisation (EPFO), on Sunday, said the establishments operating exempted provident fund (PF) trusts can regularise their status under the Amnesty Scheme, 2026, over next months starting from June 29,2026. The scheme applies to establishments that have been operating a PF Trust recognized under the Income Tax Act, 1961, but do not possess a formal exemption notification from the appropriate government, central government or state government, as the case may be, it said.Establishments seeking retrospective trust regularization which have already started compliance as an un-exempted establishment or are opting for prospective compliance as an un-exempted establishment will be eligible under the scheme.Even establishments that choose to continue operating as exempted establishments under the Code of Social Security, 2020 can seek retrospective trust regularization under the amnesty scheme.EPFO has introduced the Amnesty Scheme, 2026, providing a one-time opportunity for establishments operating exempted Provident Fund (PF) Trusts recognised under the Income Tax Act, 1961 to regularise their status.Recognition under the Income Tax Act, 2025 shall be available only to provident funds that have obtained exemption under Section 17 of Employees' Provident Fund & Misc. Provisions Act, 1952. Amnesty shall be granted to such establishments retrospectively under Section 17 of the Act and Section 143 of the Code on Social Security, 2020.Establishments seeking regularisation will be eligible for a waiver of minimum employee headcount and corpus size under the Code on Social Security, 2020 while pending assessments for dues, damages, and interest will be withdrawn, provided member accounts received interest and contributions at par with or better than statutory rates.

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INDIA MARKET | Sun, 12 Jul 2026, 12:31PM IST The government have confirmed that using E20 fuel does not invalidate vehicle insurance or OEM warranty.

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INDIA MARKET | Sun, 12 Jul 2026, 12:17PM IST Graham was a highly prominent member of the chamber and a defining voice for his party on defence and international affairs.

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INDIA MARKET | Sun, 12 Jul 2026, 12:12PM IST A tourist boat carrying Indian travellers capsized near Vietnam's Phu Quoc Island, killing 15 people. Rescue operations accounted for all passengers, while Indian and Vietnamese authorities coordinated assistance and investigated the tragedy.

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INDIA MARKET | Sun, 12 Jul 2026, 12:12PM IST Indian Embassy in Vietnam expressed deep grief over the tragedy and released the list of the 15 deceased Indian nationals

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INDIA MARKET | Sun, 12 Jul 2026, 12:11PM IST Mumbai's water reserves comes at nearly 50%

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INDIA MARKET | Sun, 12 Jul 2026, 12:03PM IST With electric vehicles accounting for just 7.3% of Delhi's two-wheeler registrations in FY26, the planned ban two-wheelers from April 2028 will require faster investment in EV products and infra

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INDIA BUSINESS | Sun, 12 Jul 2026, 12:00PM IST Only four flex-fuel passenger vehicles have been registered in Delhi since the technology entered the market last month, highlighting a slow start despite the government's push for ethanol-blended fuels to reduce crude oil imports.

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INDIA MARKET | Sun, 12 Jul 2026, 11:58AM IST India bought Russian crude worth EUR 4.5 billion in June, accounting for 83 per cent of its total Russian fossil fuel imports of EUR 5.5 billion, making it the second-largest buyer of Russian hydrocarbons after China.

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INDIA MARKET | Sun, 12 Jul 2026, 11:58AM IST India's Russian crude imports rose 34% in June, driven by higher purchases from major refiners including Reliance, IOC, BPCL and Nayara Energy, according to CREA

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INDIA BUSINESS | Sun, 12 Jul 2026, 11:54AM IST Hindustan Unilever and Dabur reduced permanent staff while others increased headcount. Median employee remuneration saw increases ranging from six to twelve percent. Hindustan Unilever's permanent workforce declined by over seven hundred employees. Dabur India's permanent workforce also saw a significant reduction in numbers. Nestle India, Marico, and Tata Consumer Products expanded their employee base.

Continue reading at Economic Times

3h

INDIA MARKET | Sun, 12 Jul 2026, 11:45AM IST Indian equities are likely to remain volatile this week as escalating tensions in West Asia and the closure of the Strait of Hormuz threaten to push crude oil prices higher. Investors will also monitor Q1 earnings, inflation data, FII flows and global risk sentiment for market direction.

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INDIA MUTUAL FUNDS | Sun, 12 Jul 2026, 11:43AM IST Gaurik Shah, Senior Vice President Equity Investments at Mirae Asset Mutual Fund, discusses his journey from software engineering to quantitative investing, his process-driven investment philosophy, and the responsibility of managing investors' wealth.

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3h

INDIA BUSINESS | Sun, 12 Jul 2026, 11:41AM IST The flex workspace operator will pay rent for a chargeable area of 114,950 sq ft at Worldmark 6 in Delhi's Aerocity, with a 15 per cent escalation every three years

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INDIA MARKET | Sun, 12 Jul 2026, 11:36AM IST The latest inflow follows net outflows of Rs 49,340 crore in June, Rs 32,963 crore in May, Rs 60,847 crore in April and a massive Rs 1.17 lakh crore in March.

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INDIA MARKET | Sun, 12 Jul 2026, 11:34AM IST HCL Technologies is expected to report a mixed performance for the June quarter, with brokerages forecasting steady year-on-year profit growth but sequential revenue weakness. Investors will closely watch AI-led demand, margins, deal wins and any changes to the company's FY27 guidance.

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