US says prostitution ring counted politicians, tech execs, lawyers as clients
According to charging documents, the defendants used high-end apartment complexes as brothels in Cambridge and Watertown, Massachusetts, and Fairfax and Tysons, Virginia. US prosecutors on Wednesday charged three people with running a high-end brothel network out of apartment complexes in greater Boston and northern Virginia whose customers included elected officials, tech and pharmaceutical executives, lawyers, professors and military officers. Key Points
The Tribune IndiaBig movers on D-Street: What should investors do with Muthoot Finance, RVNL and Cartrade Tech?
Stocks that were in focus included names like Muthoot Finance, which fell 3.24%, RVNL, which declined 2.74%, and Cartrade Tech, which rose 20% on Friday. Key Points
Economic TimesGovernment tightens rules on global credit card transactions by Indian travellers abroad, LRS comes into p
The Indian government has ended a key relaxation on the use of international credit cards (ICCs) by residents touring abroad. Such transactions would now be included in the computation of the limit of $2,50,000 under the liberalized remittance scheme (LRS) per person per year, beyond which the central bank's approval would be required. This change comes into effect immediately. Key Points
Economic TimesChinese fishing boat sinks in Indian Ocean; 39 on board missing
A boat carring 39 crew members sank in the Indian Ocean on Tuesday. The crew included 17 people from China, 17 from Indonesia and five from the Philippines. Key Points
India TodayDMK releases 16-candidate list for Lok Sabha polls, vows not to implement CAA, UCC and NEP in manifesto
Stalin also launched the party's manifesto for the polls, which included promises to not implement the Citizenship Amendment Act (CAA), the National Educational Policy (NEP) and the Uniform Civil Code (UCC) in the state. The manifesto also made myriad other promises, including the appointment of 'good Governors,' granting statehood to Puducherry and a ban on the National Eligibility-cum-Entrance Test (NEET). Key Points
Economic Times
MSCI announcement tomorrow: $1 billion inflow expected, 5 PSU stocks in focus
The MSCI inclusion can lead to about $ 186 million inflows in NMDC, $180 million in PNB, $156 million in BHEL, $140 million in Union Bank, and $223 million in NHPC. IREDA, Mamaearth, RR Kabel, SpiceJet, Inox Wind, Balmer Lawrie, Ethos, MSTC, and DB Realty, among others can get included in the MSCI Smallcap Index. Key Points
Economic TimesVideo: Punches, kicks fly at Gal Gadot’s screening of Hamas massacre videos
The film, titled ‘Bearing Witness to the October 7th Massacre’, was attended by over 150 people. It included graphic footage captured by Hamas militants’ body cameras and cellphones and was compiled by the Israel Defense Forces. Key Points
India TodayBungalows, cars seized in Singapore's billion-dollar swoop on money laundering
The other arrested people included citizens from China, Cambodia, Cyprus and Vanuatu. One woman was among them. | World News Key Points
Hindustan TimesInfosys CEO Salil Parekh’s pay falls 21% to Rs 56.4 crore in FY23
Parekhs compensation included Rs 30.6 crore in stock options as he exercised 1,24,783 stock units under the 2015 stock option plan and 73,962 units under the 2019 plan during the last fiscal. Key Points
Economic Times