Independent News & People Network Desk of News

Barclays sees FCNR inflows falling short of market hype

Source: The Hindu Business Line – Markets · Published: 2026-07-16T16:00:14+00:00

According to the report, expectations may have been inflated by comparisons with the RBI’s successful 2013 FCNR scheme

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Life-threatening flash flooding takes hold of central Texas as storms ravage region

Source: The Guardian - World · Published: 2026-07-16T16:00:07+00:00

Flash flood emergencies were issued on Thursday for parts of Kerr and Uvalde counties and Texas Hill CountrySign up for the Breaking News US newsletter email “Life threatening” flooding has taken hold in south-central Texas, where up to 20in of rain have already fallen in some areas – just one year after the same region endured catastrophic flooding that killed more than 100 people.Flash flood emergencies were issued on Thursday for parts of Kerr and Uvalde counties, where emergency crews performed water rescues, as well as areas around the Guadalupe River and the Pedernales River, according t

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Life-threatening flash flooding hits central Texas as storms ravage region

Source: The Guardian - World · Published: 2026-07-16T16:00:07+00:00

Flash flood emergencies were issued on Thursday for parts of Kerr and Uvalde counties and Texas Hill CountrySign up for the Breaking News US newsletter email “Life threatening” flooding has taken hold in south-central Texas, where up to 20in of rain have already fallen in some areas – just one year after the same region endured catastrophic flooding that killed more than 100 people.Flash flood emergencies were issued on Thursday for parts of Kerr and Uvalde counties, where emergency crews performed water rescues, as well as areas around the Guadalupe River and the Pedernales River, according t

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Iran reports fresh strikes near Qeshm Island and accuses US over ‘barbaric’ hospital attack – Middle East crisis live

Source: The Guardian - World · Published: 2026-07-16T15:59:13+00:00

Iranian news agencies say a US missile hit island in strait of Hormuz, after foreign ministry said children’s cancer hospital in Ahvaz had to be evacuatedUS attacks oil tanker in strait of Hormuz as strikes reported in TehranThe Lebanese foreign minister, Youssef Raggi, said Lebanon has made a decision to “end Hezbollah’s military presence” and that decisions on war and foreign policy are the “exclusive prerogative of the Lebanese state”.The Lebanese government is pushing to disarm Hezbollah, one of the most heavily armed militias in the Middle East, and it has become a central component of th

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IDBI Bank’s long, bumpy road to privatisation

Source: The Hindu Business Line – Markets · Published: 2026-07-16T15:53:19+00:00

The hunt for a buyer for the combined government-LIC stake in the bank is still on

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Зеленський призначив тимчасового виконувача обов'язків міністра оборони

Source: UNIAN (General) · Published: 2026-07-16T15:52:00+00:00

фото president.gov.uaПрезидент Володимир Зеленський призначив Євгенія Хмару тимчасово виконувати обов'язки міністра оборони, доки Верховна Рада не призначить нового міністра. Матеріал доповнюється...

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Editorial. Inflated worries

Source: The Hindu Business Line – Markets · Published: 2026-07-16T15:51:48+00:00

RBI can look through the spike in CPI in June

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AI is no magic wand

Source: The Hindu Business Line – Markets · Published: 2026-07-16T15:48:12+00:00

It must be backed by organisational competence

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Spagna, la moglie di Pedro Sánchez andrà a processo. E dalla Ue arriva l’ok sulla legge di amnistia

Source: Repubblica Homepage · Published: 2026-07-16T15:42:02+00:00

In giornata due sentenze che riguardano il presidente del Governo spagnolo. Da un lato il tribunale di Madrid dà il via libera al procedimento contro Begoña Gómez ma toglie le misure cautelari, dall’altro la Corte di Giustizia dell’Unione conferma la normativa che permise al premier di essere riconfermato

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Top Business & Market Headlines Today — BL Morning Report, July 17, 2026

Source: The Hindu Business Line – Markets · Published: 2026-07-16T15:39:26+00:00

BL Morning Report July 17, 2026: Get today’s top business news, market headlines about the Stock Market, Sensex & Nifty trends, key market insights, economic highlights, and the latest updates from India and global markets.

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Air defences intercept drones over Erbil, Iraq

Source: Al Jazeera - World · Published: 2026-07-16T15:38:48+00:00

Verified eyewitness video captures multiple aerial interceptions over Erbil, Iraq

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Russ вышла из состава АКАР

Source: Vedomosti – All News · Published: 2026-07-16T15:32:32+00:00

Группу не устраивают споры вокруг оценки сегмента рекламы вне дома

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Drugmaker Merck announces approval of new cholesterol-fighting drug

Source: The Guardian - World · Published: 2026-07-16T15:28:21+00:00

Lipfendra can be taken in conjunction with or an alternative to statins, the most prescribed medication in the USSign up for the Breaking News US newsletter email The drug giant Merck on Thursday announced it had received FDA approval for a daily pill that can be an alternative to statins for treating high LDL levels, or so-called bad cholesterol. The new pill, Lipfendra, is a version of a drug called a PCSK9 inhibitor.For decades the go-to therapy to treat high cholesterol levels has been statins, the most prescribed medication in the US. But statins come occasionally with side effects like m

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Jio Financial Services Q1 net profit zooms 156% to ₹830 crore

Source: The Hindu Business Line – Markets · Published: 2026-07-16T15:26:03+00:00

The NBFC’s assets under management (AUM) rose 2.6 times from ₹11,665 crore as at June-end 2025 to ₹30,667 crore as at June-end 2026

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Exporters will have to contend with headwinds

Source: The Hindu Business Line – Markets · Published: 2026-07-16T15:23:25+00:00

Value gains in petro exports, and adverse trends in farm and smartphones shipments may mar the export show this year

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Sadiq Khan given seat in Lords, as Starmer creates 26 new peers days before he leaves No 10 – UK politics live

Source: The Guardian - World · Published: 2026-07-16T15:22:16+00:00

Downing Street sources suggested Khan’s elevation comes as part of a regular honours list, rather than being linked specifically to Starmer’s departureCouples could legally marry in forests, on beaches, at sea or in their gardens under new proposals, the Press Association reports. PA says a government consultation announced today, covering rules in England and Wales, could help cut the costs of weddings and mean two ceremonies are no longer required to cover different faiths. PA says:The average wedding in England is estimated to cost more than £20,000, with venue hire alone typically accounti

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Maruti Suzuki to challenge Raipur consumer forum order to replace E20 fuel vehicle

Source: The Hindu Business Line – Markets · Published: 2026-07-16T15:21:53+00:00

The Commission asked the Maruti Suzuki dealer in Raipur to replace the vehicle, which was E20-compliant, after holding that the dealer sold a vehicle made 16 months ago and failed to rectify recurring engine problems despite repeated repairs

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UK aid cuts ‘reduce bilateral support to some African countries by 90%’

Source: The Guardian - World · Published: 2026-07-16T15:20:58+00:00

Critics say Foreign Office figures send ‘global message about the role the country wants to play on international stage’Labour’s foreign aid cuts mean reductions of as much as 90% in the bilateral support the UK will give to some African countries, Foreign Office figures show.The department’s annual report includes a long-awaited breakdown of how the reduction in the aid budget will affect individual countries for the next three years. Continue reading...

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Keir Starmer makes Sadiq Khan a peer in the House of Lords

Source: The Guardian - World · Published: 2026-07-16T15:17:41+00:00

Appointment by outgoing prime minister, potentially opens door for London mayor to join Burnham cabinetSadiq Khan has been given a peerage by Keir Starmer just days before the prime minister stands down, potentially opening the door to one of Labour’s most high-profile mayors joining Andy Burnham’s cabinet in future.The London mayor has long been tipped for the House of Lords, with Starmer said to have been keen to put him there immediately after the May local elections in an attempt to shore up Labour’s progressive flank. Continue reading...

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Zelenskyy defends sacking Ukraine’s defence minister Mykhailo Fedorov

Source: The Guardian - World · Published: 2026-07-16T15:16:10+00:00

President says he had to choose ‘one side or the other’ after breakdown of relations between ministry and military leadersEurope live – latest updatesUkraine’s president, Volodymyr Zelenskyy, has defended his decision to dismiss the country’s popular defence minister, Mykhailo Fedorov, and confirmed reports that relations had broken down between the ministry and the country’s top army leadership.Speaking at a press conference in Kyiv with the British prime minister, Keir Starmer, Zelenskyy said there had been a “challenging dialogue” between Fedorov – widely seen as a reformist and moderniser

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