Jarvis News

Turkey on Wednesday formally opened a joint coordination center for Ukrainian grain exports under a UN-backed deal aimed at resuming shipments for the first time since Russia’s February invasion of its neighbor. Turkish Defense Minister Hulusi Akar unveiled the center at a ceremony held five days after Moscow and Kyiv put their names on a deal designed to deliver wheat and other grain across the Black Sea from three designated Ukrainian ports. The center will be staffed by civilian and military officials from the two warring parties and delegates from Turkey and the UN. Their primary assignment involves monitoring the safe passage of Ukrainian grain ships along established routes and overseeing their inspection for banned weapons on the way into and out of the Black Sea. Read More : https://www.arabnews.com/node/2130571/middle-east

As the world grapples with the monkeypox outbreak, countries with flare-ups of the viral disease have been offering vaccination to contacts of infected people and those in groups considered as being at risk. At the weekend, the World Health Organisation declared the outbreak a public health emergency of international concern, the first since Covid-19. For most people, symptoms such as rashes on the face, palms and other parts of the body, and a fever, are not serious, although individuals with a weakened immune system, pregnant women and children may be more at risk and the disease can prove fatal. With cases having exceeded 18,000 across 75 countries this year, concerns have been raised about whether will it be possible to control the spread of a disease that, until recently, was largely confined to west and central Africa, with occasional, typically short-lived appearances elsewhere. Figures compiled by the US Centres for Disease Control and Prevention show that America has recorded ...

CUET Result 2022 : The undergraduate candidates who appeared for the common university entrance test that was conducted by the national testing agency can soon check the results. The examination was held from 15 July 2022 to 20 August 2022. The authorities will be releasing the result online. On the basis of the result, central universities and colleges will be accepting students in the courses of their choice. A proper scorecard will be released by the authorities in order to notify the candidates regarding their results. Furthermore, the respective colleges and universities will be releasing their cut-off to admit students accordingly. The applicant for CUET -UG 2022 can check all the details pertaining to the CUET in the following article. CUET Result 2022 The national testing agency conducted the Common University entrance test for the candidates who passed class 12th and seeking admission to undergraduate degree programmes.  The University grants commission as per the guide...

Nearly two dozen people have died and as many as 30 others are still fighting for their lives after consuming counterfeit alcohol in India’s western Gujarat state. The incident occurred on Monday morning when residents in Rojid village in Barwala and Botad towns in the state were admitted to government-run hospitals after they started feeling seriously ill. Two died in the morning and another five lost their lives while undergoing treatment during the day. Three more died during treatment late on Monday night, said Ashish Bhatia, Director General of Police in the state. About 30 people are still undergoing treatment at various government hospitals in Bhavnagar, Botad, Barvala and Dhandhuka, and some are said to be critical. Himmat Bhai, who is recovering at a hospital in Barwala, told local media that he fell ill after purchasing the liquor from a bootlegger on Sunday night. Read More : https://www.thenationalnews.com/world/2022/07/26/at-least-21-dead-30-fighting-for-life-after-drinki...

The Saudi main index rose on Tuesday with oil prices back on the rise while investors awaited more earnings results. TASI, opened 0.43 percent higher to 11,924, while the parallel market, Nomu, opened flat at 21,038 as of 10:07 a.m. Saudi time. Saudi oil giant Aramco increased 0.39 percent, while Saudi National Bank, one of the Kingdom’s biggest lenders, added 0.73 percent. Saudi British Bank, which was voted the best bank in 2022, gained 1.33 percent, while the Kingdom’s largest valued bank Al Rajhi gained 0.34 percent. Development Works Food Co. rose 10 percent, leading gainers, while United Cooperative Assurance Co. dropped 10 percent, continuing its downward trend. BinDawood Holding Co. started flat, following its acquisition of 62 percent of International Applications Trading Co. Read More : https://www.arabnews.com/node/2129711/business-economy

Taiwan simulated intercepting Chinese attacks from the sea in annual war games on Tuesday, with President Tsai Ing-wen hailing the military’s “determination” as she watched from onboard a destroyer. Democratic Taiwan lives under constant threat of being invaded by China, which views the self-ruled island as part of its territory to be seized by force if necessary.On the second day of the island’s largest annual war drills, Tsai, dressed in military fatigues, boarded the Kee Lung class destroyer to supervise a live-fire drill off Taiwan’s eastern coast. Fighter jets and warships set off various types of missiles aimed at intercepting “a group of enemy ships,” the military said. Anti-submarine rockets and depth bombs were also discharged and a Dutch-built Sword Dragon class submarine practiced an emergency ascent, it added. Read More  : https://www.arabnews.com/node/2129701/world

Saudi Crown Prince Mohammed bin Salman said the Kingdom plans for the Saudi stock exchange to be larger than many global peers as he expects NEOM to sell shares to the public in 2024, adding nearly SR1 trillion ($266 billion) to the market. Speaking to reporters after unveiling the designs of The Line, the city in NEOM, the Crown Prince further noted that the NEOM will add more than SR5 trillion to the stock exchange in later stages as more parts of the project will be completed.  The Crown Prince also added that all companies owned by the Public Investment Fund will be listed on the stock market in the future, which will help it become one of the top three largest stock markets on the planet.  Talking about the funding plans for NEOM, the Crown Prince said that in 2027 the SR500 billion capital for the project will be collected — with SR200-300 billion of that coming from the services that will be created in the first phase. Another SR200-300 billion will be gathered from the...

Rishi Sunak pipped Liz Truss in the first direct TV debate of the Conservative Party leadership race in a series of fired-up clashes, according to a snap poll issued minutes later. The poll by Opinium, based on a sample of 1,032 voters, found 39 per cent believed Mr Sunak had performed best compared to 38 per cent for Ms Truss. The pair sought to land knock out blows in criticism of each other's economic plans during the hour-long TV appearance in the pottery town of Stoke: Mr Sunak hammered the point there was “nothing Conservative” about Ms Truss’s approach and it would give the party “absolutely no chance” of winning the next election. Ms Truss, the Foreign Secretary, suggested her rival would lead the country into a recession. Read More : https://www.thenationalnews.com/world/uk-news/2022/07/25/rishi-sunak-and-liz-truss-criticise-economic-policies-in-first-tv-debate/

Sethurathnam Ravi  (S Ravi) is the former BSE Chairman and founder of Ravi Rajan & Co. Presently, Mr. Ravi holds the position of Non-Executive Chairman of Tourism Finance Corp. of India Ltd. and Director & Managing Partner at RRCA & Associates. Sethurathnam Ravi shares his views about the journey of GST in India as it completes five years since introduction. According to Mr. Ravi, when the GST was introduced 5 years ago there were a lot of misgivings about how the centre and state governments will work together regarding the tax collection and how the distribution will work. In Sethurathnam Ravi’s opinion, compounded with this issue was the platform issue. At the time of the introduction of the GST, there was also the interpretation and the awareness issue from the SSE and it had also created a lot of confusion in that, he says. Sethurathnam Ravi BSE S Ravi also explains the other obstacles that were on the road of GST until its successful acceptance. He says that the w...

Britain was counting the cost of the hottest day in its history on Wednesday after fires destroyed dozens of buildings in unprecedented 40ºC weather. London Mayor Sadiq Khan said Tuesday was the fire brigade's busiest day since the Second World War as the extreme heat and bone-dry grass set homes and warehouses ablaze. There were 16 firefighters injured and 41 properties destroyed in London as firefighters struggled to respond to 2,600 calls and major fires that needed 10 or more fire engines to douse them, Mr Khan told Sky News. Dramatic footage showed smoke and flames erupting around the country as temperatures hit a peak of 40.3ºC in Coningsby, Lincolnshire. The previous record of 38.7ºC was beaten in 34 places and equalled in another five. Six sites, mostly in Greater London, had temperatures reach or exceed 40ºC. Scotland experienced its hottest day on record, with the temperature reaching 34.8ºC in Charterhall in the Scottish Borders, Met Office provisional figures showed. RE...

The two candidates who get through to the final round of the Conservative leadership race on Wednesday face an intense six weeks of campaigning to become the next British prime minister. The final three - Rishi Sunak, Liz Truss and Penny Mordaunt - will be whittled down to two on Wednesday afternoon. They will travel around Britain undertaking two hustings a week, in which Tory members will question them forensically on their policies, plans, past actions and character. The first husting is expected to take place in northern England on Thursday next week. There will be at least one television debate, which the BBC is hosting on Monday night, despite the two previous debates resulting in “blue-on-blue” with the candidates criticising each other. The final duo will also conduct a series of interviews with local newspapers, radio stations and other outlets in an attempt to convince the Conservative Party's 160,000 members that they have the leadership qualities to become prime minist...

The family of NSE 6.05 % Resources founder and chairman Anil Agarwal has bought a luxury apartment in a super-premium residential tower Raheja Legend on Dr. Annie Besant Road in Mumbai’s plush Worli locality for Rs 45 crore. The sea-view apartment on the 36th floor of the super-structure has been acquired by Agarwal’s wife Kiran, who is chairman of NSE -6.63 % and a trustee of Vedanta Foundation. The deal is valued at nearly Rs 1.46 lakh per sq ft, putting it in the tally of most expensive residential apartment transactions in the country. Agarwal will also get control of nearly 5.54% undivided share of right, title and interest in the entire property built on the plot besides access to five car parking slots, as per the registered agreement. Rahul Narang, founder and chairman of the Narang Group has sold the apartment spread over 3,084 sq ft to Agarwal. She has paid Rs 2.25 crore as stamp duty alone for the deal that was concluded and registered on July 1, showed the documents accesse...

Egypt is beefing up its liquefied natural gas exports to Europe, paving the way to becoming a regional energy centre, as the continent's biggest gas supplier, Russia, disrupts supply. In the first six months of this year, more than 72 per cent of Egypt’s LNG exports went to Europe, compared with 29 per cent in all of last year, Refinitiv LNG flows data shows. Although the North African country has limited natural gas itself, paling in comparison to the US, the world's top producer, or Russia in second place, it has built a role through agreements with partners and its strategic geographic location. The US produced 934.2 billion cubic metres (bcm) of natural gas last year, about 23 per cent of the world’s total, while Russia produced 701.7 bcm and Egypt produced 67.8 bcm, according to the latest BP Statistical Review of World Energy. “Egypt is not going to make up for all the Russian volumes,” Olumide Ajayi, senior LNG analyst at Refinitiv, told The National . However, “there is...

A new survey from online travel agency Skyscanner found that 37 per cent of global holidayers are planning bucket list travels this year. Of the 4,000 travellers surveyed, more than 41 per cent are planning to go somewhere new this year, and in the UAE — the number one coveted destination is Mexico. Flight bookings from the UAE to Mexico have increased 348 per cent, compared to 2019 figures. Famed for its rich culture, much-loved cuisine, beautiful beaches and Mayan history, Mexico leads a list of the top trending destinations for flight bookings from the UAE. Emirates restarted flights between Dubai and Mexico City in July last year, and the airline recently announced it was boosting capacity on the route to a daily service, with more than 2,000 seats each week. Malta is the second most popular destination for those planning a getaway from the UAE. The tiny island destination is famed for its rich history and stunning landscapes which might be what’s driving the reported 290 per cent ...

Sethurathnam Ravi  (S Ravi) is the former BSE Chairman and founder of Ravi Rajan & Co. Presently, Mr. Ravi holds the position of Non-Executive Chairman of Tourism Finance Corp. of India Ltd. and Director & Managing Partner at RRCA & Associates. Sethurathnam Ravi gives his views on the declination of interest of the retail investors in stock markets. The Indian stock market has witnessed lakhs of new investors from Tier-2 and Tier-3 cities during the Covid-19 pandemic. However, this enthusiasm seems to have waned as returns from the market have flattened in recent months. From a high of 20 lakh new investors in October 2021, it has dropped to 13 lakhs in April 2022. Experts including Sethurathnam Ravi  BSE , former BSE Chairman suggests that, patience might be a virtue in these tough times. Sethurathnam Ravi BSE At a time when the Covid-19 pandemic and consequent lockdowns affected the economy, the stock market was one of the very few areas where the wheels were sti...

Pakistani forces backed by helicopters killed at least nine separatists after the outlawed group abducted and executed an army officer, government and security officials said Friday. The military and local authorities confirmed Thursday that up to 15 insurgents disguised as police killed Col. Laeeq Mirza after abducting him Tuesday when he was traveling with his family from the town of Ziarat, 100 kilometers (60 miles) northeast of Quetta, the capital of Baluchistan. The military did not share any updates about the operation on Friday. Mirza had been was heading to a tourist resort when members of the outlawed Baluchistan Liberation Army (BLA), designated a “terrorist” group by the United States in 2019, halted his vehicle on a highway and seized him. The group later claimed that it executed Mirza — but let his family members live because they were not involved in crimes against the group. Local government officials confirmed that the attackers freed the colonel’s family members. Read ...

India has reported its first confirmed case of monkeypox after a 35-year-old man with a history of travel to the Middle East showed symptoms, officials said. The federal government rushed a multi-disciplinary team to the southern state of Kerala in view of the confirmed case of monkeypox there, according to an official statement. The man, who traveled from the United Arab Emirates to Kerala on Tuesday, was in stable condition and isolated at a hospital, the state’s health minister Veena George told reporters Thursday. “He is stable and all his vital signs are normal. We have asked all districts to be on alert,” she said. The patient’s primary contacts have also been isolated while passengers who came in contact with him on his flight have been told to monitor themselves for symptoms. Monkeypox is an infectious disease caused by a virus transmitted to humans by infected animals. Human-to-human transmission is possible but considered rare. Read More : https://www.arabnews.com/node/212275...

After imposing a daily passenger cap departing from its terminals, the kindest thing to say about Heathrow Airport right now is that it is in crisis mode. Flights are being cancelled with startling regularity, delays are the norm and baggage piles are mounting. The pandemonium is somewhat ironic given it has been caused by the travel resurgence airport chiefs spent most of the last two and a half years dreaming of. Ever since UK Covid travel rules were imposed, industry honchos pled with the government to reduce restrictions significantly or remove them entirely, while simultaneously encouraging travellers to get airborne again. Their wish granted, passenger numbers in June this year reached 5,990,385, a level comparable to that seen before March 2019. Read More : https://www.thenationalnews.com/business/aviation/2022/07/15/heathrow-baggage-issues-cancellations-and-flight-delays-in-soaring-numbers/

Hundreds of Moroccan firefighters and soldiers battled late Thursday to put out at least four infernos ripping through forests in the north of the kingdom, officials said. The fires, fanned by strong winds in the four areas, have not resulted in any casualties so far, but nearly 500 families were evacuated “as a precaution” in the provinces of Larache and Taza, according to official statements. Several villages that were evacuated also saw military planes dropping loads of water to extinguish fires tearing across the dry terrain, an AFP journalist said. Shocked by how fast the flames were spreading, residents fled their homes, with some families herding their cattle and horses — upon which their livelihoods depend — ahead of them. “I was with my family, and at one point, we heard people shouting, ‘Fire! Fire!’” said Samir Boundad, from Larache. “We ran out to flee and fortunately, thanks to God, the fire moved up the mountain.” A village in the Ksar El Kebir region was destroyed by the...

China’s economy grew at the slowest pace since the initial coronavirus outbreak in Wuhan, a reflection of the damage the nation’s zero-Covid approach has had on growth and the challenge Beijing faces in meeting its full-year target. Gross domestic product increased 0.4 per cent from a year earlier, the worst performance since the first quarter of 2020, the National Bureau of Statistics said on Friday. Growth was far weaker than the 1.2 per cent gain in a Bloomberg survey of economists. On a quarterly basis, the economy contracted 2.6 per cent. China’s economy is paying the price for Beijing’s attempt to stamp out Covid cases, a strategy that’s becoming evermore difficult as more infectious virus variants emerge. On top of that, the property market remains in a deep slump. Economists say the government’s ambitious growth goal of about 5.5 per cent is out of reach, with GDP forecast to expand slightly more than 4 per cent this year. “The downward pressure on the economy has increased sig...