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• Emergency crews said an emergency beacon was activated on the vessel in seas near Newcastle, 160km (100 miles) north of Sydney, on Thursday.


• Another two people - a man, 40, and a girl, 16 - were rescued after being found clutching to the capsized boat.


• Authorities said the accident happened in rough seas about seven nautical miles from shore.


• The bodies of the three people, who have not been identified, were recovered from the water.

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• "The United States is very concerned that the digital services tax... unfairly targets American companies," the US trade representative said.


• The French parliament is expected to approve the new tax on Thursday.


• It will target firms such as Google and Facebook with a 3% levy on revenue made inside France.

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• Media reports quoting US officials said the tanker was asked to stop in Iranian waters close by, but the boats withdrew after a warning from the UK's frigate.


• Iran has been threatening to retaliate for the seizure of one of its tankers near Gibraltar last week.


• The Pentagon said it was aware of the reports but the MoD has not commented.


• According to the reports, five boats believed to belong to the Iranian Revolutionary Guard Corps approached the British Heritage tanker as it was moving out of the Gulf.

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• The US House of Representatives, on Wednesday, passed (365-65) the Fairness for High-Skilled Immigrants Act of 2019, which increases the annual limit of family-based immigrant visas offered to citizens of each country and eliminates the country-wise caps on employment-based immigrant visas.


• This will have a significant impact on nationals of countries such as India, whose case the demand for immigrant visas (which convert to green cards upon admission to the U.S.) exceeds the number of visas available each year, resulting in wait times that could run into decades.

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• The U.S. peace envoy to Afghanistan is in Beijing for a previously scheduled meeting, an American Embassy spokesman said on Thursday, amid signs of new momentum in efforts to end Afghanistan’s 17-year war and push by China to boost its influence in the region.


• The spokesman gave no further details about the visit by Zalmay Khalilzad, but it comes just days after he said that for the first time he can report “substantive” progress on all four issues key to a peace agreement. The spokesman spoke on routine condition of anonymity.

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• The Congress on Wednesday said the Bharatiya Janata Party (BJP) government in Maharashtra had imposed conditions similar to “martial law” in Mumbai to prevent their leaders from meeting rebel MLAs, and accused the ruling party of “dismantling democracy” in the country.


• Congress leader in the Lok Sabha Adhir Ranjan Chowdhury told presspersons that the Congress MLAs were “being held captive” by the BJP in a Mumbai hotel.

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• The Union Cabinet approved the Transgender Persons (Protection of Rights) Bill, 2019, a previous version of which had lapsed when the Lok Sabha was dissolved in May.


• The Bill aims at the social, economic and educational empowerment of transgender persons, a statement said. Sending the Bill to Parliament again was on the first 100-day agenda of the Narendra Modi government’s second term.

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• The government has received complaints of banks either not sanctioning or delaying disbursement to applicants of the Credit Linked Subsidy Scheme (CLSS) under the Pradhan Mantri Awas Yojana-Urban, Union Housing and Urban Affairs Minister of State (independent charge) Hardeep Singh Puri admitted in the Rajya Sabha on Wednesday.


• Under the scheme, applicants of economically weaker section (EWS), low-income group (LIG) and middle-income group (MIG) can get subsidies on the interest to be paid on housing loans.

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• Union Parliamentary Affairs Minister Pralhad Joshi on Wednesday told the Lok Sabha that Karnataka Minister D.K. Shivakumar was not allowed to enter a Mumbai hotel because the rebel Congress MLAs lodged there feared for their safety.


• Parliament was disrupted for the third day in a row over the political crisis in Karnataka.


• The Rajya Sabha was adjourned four times. In the Lok Sabha, the Opposition staged a walkout as they were not allowed to raise the issue.

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• The Institute Of Banking Personnel Selection (IBPS) as a part of its latest recruitment drive has invited candidates to apply for a fresh vacancy at ibps.in. Interested candidates can visit the official website now to check the application process and send in their applications accordingly.


• The vacancy post on offer is on Contract basis for the post of Assistant Security and Vigilance Officer.

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• Oriental Bank of Commerce (OBC), a public sector bank, has cut its Marginal Cost of Fund-based Lending Rate (MCLR) by 5-10 basis points across various tenors.


• A basis point is one hundredth of one percentage point. While OBC's one-year MCLR now stands reduced at 8.65 per cent from 8.70 per cent, the six months' MCLR has been reduced to 8.55 per cent from 8.60 per cent earlier.

• Sun Pharma: Company gets US FDA approval for Risedronate Sodium Tablets


• Aurobindo Pharma: Company launched generic of Sensipar tablets in the US.


• Piramal Enterprises: Board approves raising up to Rs 1,500 crore via NCDs.


• Greaves Cotton: Company acquired 15,04,523 shares, by way of investment in a subsidiary of the company i.e. Ampere Vehicles Private Limited, India through primary and secondary purchase for a total consideration of Rs 22.5 crore. Consequent to the acquisition of aforesaid additional stake, the company's holding in Ampere increased from 67.34 percent to 72.11 percent.


• TCS: iON, a strategic unit of the company, collaborated with All India Council for Technical Education (AICTE) to equip students with career skills.


• Mohota Industries: Brickwork Ratings has downgraded the rating assigned to long term credit facilities availed by the company to BBB from BBB+ and short term credit facilities to A3+ from A2.


• The New India Assurance Company: P V Thomas, Chief Manager has been nominated as the Chief of Internal Audit and Principal Compliance Officer for the anti-money laundering guidelines of the company.


• RTS Power Corporation: Company proposed to set up its new factory at its land at Parasrampura, Rajasthan for the manufacturing of steel wires and strips, galvanized and non-galvanized and other downstream products made out of steel wires and strips, galvanized and non-galvanized of the capacity of 12000 MT per annum.


• Punjab Chemicals & Crop Protection: There was a fire accident at one section of the Agro Chemical Division, Derabassi, Mohali.


• RTS Power Corporation: Company proposed to set up its new factory at its land at Parasrampura, Rajasthan for the manufacturing of steel wires and strips, galvanized and non-galvanized and other downstream products made out of steel wires and strips, galvanized and non-galvanized of the capacity of 12000 MT per annum.


• Punjab Chemicals & Crop Protection: There was a fire accident at one section of the Agro Chemical Division, Derabassi, Mohali.


• IFCI: Brickwork downgraded the rating on long term debt instruments NCD/bonds to BBB+ with a negative outlook, from A- with a stable outlook.


• GTPL Hathway Q1: Consolidated profit jumps to Rs 29.45 crore versus Rs 13.37 crore; revenue rises to Rs 445.5 crore versus Rs 296.9 crore YoY.


• Himachal Futuristic Communications Q1: Profit rises 148 percent to Rs 117 crore versus Rs 47 crore; revenue jumps 23 percent to Rs 1,343 crore versus Rs 1,088 crore YoY.


• Premier Explosives: Company received an order from Bharat Dynamics Limited (BDL) for the supply of solid propellants for Medium Range Surface to Air Missile (MRSAM) for a value of Rs 14.99 crore to be executed within a period of 14 months.


• Mahindra Logistics: Company appointed Rampraveen Swaminathan as CEO.


• TVS Motor Company: Company launched a new 100cc motorcycle, TVS Sport in Sri Lanka.


• Insilco: Plant operations will restart as per schedule on July 10.


• Prime Customer Services: SMERA has assigned the highest rating to a company as MSE Rating -1 which indicates the highest creditworthiness in relation to other MSEs.


• Can Fin Homes: To consider raising up to Rs 6000 crore via debt on July 22


• Cox & Kings: Defaults on payment worth Rs 125 crore with respect to Commercial Papers due on July 9


• Shares of digital cable television and broadband services provider GTPL Hathway rallied 20 percent intraday on July 11 after the company reported stellar earnings performance for the quarter ended June 2019.


• Himachal Futuristic Communications climbs 10% after solid Q1 earnings growth


• D-Street Buzz: Metal stocks shine led by JSW Steel; Zee Ent, Dr. Reddy's Labs rise 2% each


• Glenmark gains 3% on licensing agreement with Torrent Pharma for anti-diabetes drug


• Premier Explosives jumps 8% on order from Bharat Dynamics


• Aurobindo Pharma climbs 4% after the launch of anti-parathyroid hormone drug in the US


• Ajmera Realty gains 3% on announcing plans to develop a commercial project in Mumbai


• Cox & Kings at 5% lower circuit; loses 71% in a month after rating downgrade


• Bharat Forge gains 3% as subsidiary gets $100m order to supply Barak-8 missile kits


• D-Street Buzz: Nifty Media outshines led by Zee Entertainment; IndusInd Bank jumps 3%, VIX falls

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• New Zealand defeated India by 18 runs in the first semi-final of the 2019 World Cup at Manchester on Wednesday to reach World Cup final for the second straight time.


• This is the second straight time that India have been eliminated from World Cup in semi-finals. The semi-final was played over two days after rain interrupted play on Tuesday.

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• Mukesh Ambani -led Reliance Industries Ltd (RIL) surpassed IT-major, Tata Consultancy Services(TCS) to become the most valued firm by market capitalization (m-cap).


• The current m-cap of RIL is Rs 8,11,048.27 crore and that of TCS is Rs 7,99,802.04 crore which is 11,246.23 crores less than RIL.


• Shares of RIL increased by 2.20 % to Rs 1,279.45 on the BSE (Bombay Stock Exchange) and Intra-day it surged 2.55 % to Rs 1,283.85.while the Shares of TCS fell by 2.05 % to Rs 2,131.45.

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• Sunil Chhetri, Indian men’s football team captain, was named the Men’s Footballer of the year 2019 at the All India Football Federation‘s (AIFF) Awards.


• He won the award for the third consecutive year. He is also the second-highest active international scorer (70 goals for India) after Portugal’s Cristiano Ronaldo.


• In women’s category, it was conferred to footballer Ashalata Devi.

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• The Appointment Committee of the cabinet, Government of India(GoI) has approved Arun Kumar as new full-time Director General (DG) of aviation regulator Directorate General of Civil Aviation (DGCA) in the rank and pay of Additional Secretary.


• He will succeed B S Bhullar(IAS officer of Uttar Pradesh cadre).

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• A Japanese spacecraft has landed on a faraway asteroid, where it will collect space rock that may hold clues to how the Solar System evolved.


• The successful touchdown on the Ryugu asteroid was met with relief and cheering in the control room at Japan's space agency, JAXA.


• It is the second landing for the unmanned Hayabusa-2, which touched down on the asteroid in February.

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• AU Celestine(Tamil Nadu), Former India football goalkeeper passed away after a brief illness. He was 73.


• He played for the Tamil Nadu state men’s team as a goalkeeper in Senior Nationals in the 1965 and 1969 National Championships and also represented India in the Merdeka Cup in Malaysia in 1969.


• In 1967, He joined the Reserve Bank of India (RBI), Madras.