Latest news with #Gift
Mint
2 days ago
- Business
- Mint
Indian stock market: 10 key things that changed for market overnight - Gift Nifty, Nasdaq at record high to gold prices
Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open on a flat note on Tuesday, following mixed cues from global markets. Asian markets traded mixed, while the US stock market ended higher overnight, with the S&P 500 and Nasdaq hitting record highs. On Monday, the Indian stock market ended lower, breaking its four-day gaining streak, as investors booked profits following the strong rally. However, the market ended the month in the green for a fourth consecutive time The Sensex declined 452.44 points, or 0.54%, to close at 83,606.46, while the Nifty 50 settled 120.75 points, 0.47%, lower at 25,517.05. For the month, Sensex rallied 2.65%, while Nifty 50 jumped 3.10%. 'We continue to advocate a 'buy-on-dips' approach, with a strong emphasis on selective stock picking. Notably, the ongoing strength in the broader indices is creating additional opportunities, but participants should stay cautious and limit positions to the fundamentally-sound counters only,' said Ajit Mishra – SVP, Research, Religare Broking Ltd. Here are key global market cues for Sensex today: Asian markets traded mixed Tuesday following record gains overnight on Wall Street. Japan's Nikkei 225 fell 1.03%, while the Topix index declined 0.56%. South Korea's Kospi index rose 1.67%, while the Kosdaq gained 0.66%. Hong Kong markets are closed for a public holiday. Gift Nifty was trading around 25,635 level, a premium of nearly 20 points from the Nifty futures' previous close, indicating a mildly positive start for the Indian stock market indices. US stock market ended higher on Monday, with the S&P 500 and Nasdaq reaching record closing highs, registering their best quarter in over a year on hopes for trade deals and possible interest rate cuts. The Dow Jones Industrial Average gained 275.50 points, or 0.63%, to 44,094.77, while the S&P 500 rose 31.88 points, or 0.52%, to 6,204.95. The Nasdaq Composite closed 96.28 points, or 0.48%, higher at 20,369.73. For the quarter, the S&P 500 surged 10.57%, the Nasdaq jumped 17.75%, and the Dow climbed 4.98%. Apple shares rose 2.11%, Tesla stock price declined 1.89%, Hewlett Packard Enterprise shares rallied 11.1%, First Solar share price gained 8.8%, and Juniper Networks stock price spiked 8.45%. White House Press Secretary Karoline Leavitt confirmed that the US and India are close to finalising a trade agreement, following President Donald Trump's earlier announcement about the deal. 'They are finalising these agreements, and you'll hear from the President and his trade team very soon when it comes to India,' Leavitt said. India's fiscal deficit for April-May period of FY26 stood at ₹ 13,163 crore, amounting to 0.8% of the target for the whole of financial year 2025-26. For the same period last year, fiscal deficit was ₹ 50,615 crore. India's industrial production, measured in the Index of Industrial Production (IIP), grew 1.2% in May, marking its slowest pace in nine months. This is in stark contrast to the 6.3% expansion recorded in May last year. The ministry revised April's growth figure to 2.6%, which still outpaces the May figure. Japan's manufacturing sector expanded in June for the first time in 13 months. The final au Jibun Bank Japan Manufacturing Purchasing Managers' Index (PMI) rose to 50.1 in June from 49.4 in May. Crude oil prices fell on expectations of an OPEC output hike in August and concerns of an economic slowdown driven by prospects of higher US tariffs. Brent crude futures declined 0.24% to $67.61 a barrel, while US West Texas Intermediate crude fell 0.38% to $64.86 a barrel. Gold prices rose, supported by a weaker US Dollar. Spot gold price gained 0.3% to $3,312.25 per ounce, while US gold futures gained 0.5% to $3,323.10. The dollar hit a near four-year low against the euro. The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, fell 0.35% to 96.86, its sixth straight month of losses. It is set to mark its worst half-year since the 1970s. The dollar was down 0.36% to 144.45 against the Japanese yen. The euro hit its highest against the dollar since September 2021 at $1.1780. (With inputs from Reuters) Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Miami Herald
3 days ago
- Business
- Miami Herald
Donald Trump Voters Are Losing Faith With Trump
Once the cornerstone of his political strength, President Donald Trump's base is showing signs of erosion. The latest YouGov/Economist poll, conducted June 20-23 among 1,590 adults, shows that Trump's approval rating among those who voted for him in 2024 stands at 83 percent, while 14 percent disapprove, giving him a net approval rating of +69 points, down from +80 last month. The poll had a margin of error of +/-3.5 percentage points. Last month's poll was conducted before Trump carried out airstrikes against three key Iranian nuclear facilities over the weekend. In retaliation, Iran fired missiles at a U.S. military base in Qatar on Monday. A ceasefire between Iran and Israel was agreed to the same day, though tensions remain high. The Israel Defense Forces (IDF) have since accused Iran of violating the ceasefire and threatened to strike Tehran in response—an accusation Tehran denies. The rapid escalation has spotlighted the risks of deeper U.S. military involvement in the Middle East and highlighted the evolving nature of American foreign policy under Trump, who once promised to protect "America's vital interests" without engaging in "endless wars" overseas. The strikes appear to have triggered a shift in public attitudes—even among Republicans—with polls showing signs of declining support for Trump's agenda. Additional data from the latest Reuters/Ipsos poll, conducted June 21–23 among 1,139 respondents, reinforces the trend: 84 percent of Republicans said they approve of the president's job performance, down from 90 percent last month. The latest poll had a margin of error of +/-3.2 percentage points. Political analysts say Trump's declining approval ratings are tied to a growing disconnect between his actions and voter priorities—particularly after his recent military intervention in Iran. Thomas Gift, founding director of the University College London Centre on U.S. Politics, told Newsweek Trump's decision to strike Iranian nuclear facilities has unsettled many in the MAGA movement who expected him to avoid foreign entanglements. "Trump's recent actions in Iran have done little to reassure the MAGA base that he'll steer clear of another endless war in the Middle East," Gift said, noting that even former chief strategist Steve Bannon has warned the conflict could escalate into "U.S. boots on the ground." Gift added that a core tenet of Trump's 2024 message was that "'America First' meant staying out of foreign conflicts," but now "that promise is starting to ring hollow." Peter Loge, a political communications professor at George Washington University and former Obama advisor, told Newsweek Trump's approval ratings are falling for broader reasons as well. "Trump's numbers are down because that's how public opinion works," Loge said. "He is pursuing policies people don't like, while ignoring things people care about." He pointed to "thermostatic politics"—the idea that voters often react against the party in power, even when it does what they asked for—as a key factor. "Trump started in a weak position with a lot of soft support," Loge explained. "That he is getting less popular is unsurprising." Loge added that many of Trump's headline policies—such as sending troops into American cities or escalating military conflicts abroad—don't match what most voters are asking for. "Most voters mostly want things to work," he said. "They want to be able to afford gas and groceries, pay their medical bills, and know their kids have a shot at a good future." Instead, Trump's agenda—threatening Medicaid, risking inflation with tariffs, and engaging in costly foreign conflicts—"either ignores what most voters care about, or threatens to make those things worse." "President Trump likes people to pay attention to Donald Trump," Loge said. "Voters would rather pay attention to their families." It comes as polls show that a majority of Americans do not approve of U.S. airstrikes in Iran. The YouGov/Economist poll found just 29 percent think the U.S. should be carrying the strikes, while 46 percent said it should not. The Washington Post found modestly higher support for the U.S. military bombing Iran. In a poll, 25 percent of adults supported "the U.S. military launching airstrikes against Iran over its nuclear program," while 45 percent were opposed. The poll also found that 82 percent of Americans were either "somewhat" or "very" concerned about getting involved in a full-scale war with Iran. Analysis by pollster G. Elliott Morris showed that 21 percent of Americans said last week that they supported U.S. involvement in Iran, while 57 percent opposed. And it seems that Trump's decision to launch airstrikes on Iranian nuclear facilities has exposed deep divisions within the party. Republican Representative Thomas Massie of Kentucky called Trump's move unconstitutional. "This is not our war. Even if it were, Congress must decide such matters according to our Constitution," Massie posted on X, formerly Twitter. Far-right Representative Marjorie Taylor Greene of Georgia, a Trump ally, struck a cautious tone after the bombing, posting on X: "Let us join together and pray for the safety of our U.S. troops and Americans in the Middle East." But just 30 minutes before the announcement of the airstrikes, Greene voiced frustration: "Every time America is on the verge of greatness, we get involved in another foreign war... Israel is a nuclear armed nation. This is not our fight. Peace is the answer." Former Trump adviser and War Room podcast host Steve Bannon was even more direct in his criticism, blasting the president for publicly thanking Israeli Prime Minister Benjamin Netanyahu after the operation. "It hasn't been lost... that he thanked Bibi Netanyahu, who I would think right now – at least the War Room's position is – [is] the last guy on Earth you should thank," Bannon said. Bannon, who has long opposed U.S. military involvement in Iran, questioned Trump's reliance on intelligence reportedly provided by Israel, rather than U.S. sources. "I don't think we've been dealing from the top of the deck," he said, and described Trump's post-strike remarks as "very open-ended," adding: "I'm not quite sure [it was] the talk that a lot of MAGA wanted to hear." While Bannon insisted that "the MAGA movement will back Trump," he noted growing discomfort with the president's increasingly hawkish posture, recalling that opposition to "forever wars" was a defining issue in Trump's 2016 campaign. "One of the core tenets is no forever wars," Bannon told an audience in Washington days before the strike. Tulsi Gabbard, Trump's director of national intelligence, also appeared to diverge from the president. Trump recently criticized the intelligence community's assessment that Iran had not taken the political decision to build a nuclear bomb, saying they were "wrong." Gabbard has denied any serious disagreement. Charlie Kirk, a prominent right-wing influencer, warned ahead of the strikes that Trump risked alienating his base. "Trump voters, especially young people, supported [him] because he was the first president in my lifetime to not start a new war," he said. But after the strikes, Kirk appeared to soften, reposting a clip of Vice President JD Vance praising the pilots involved. "They dropped 30,000 pound bombs on a target the size of a washing machine... Whatever our politics, we should be proud," Vance said. Nonetheless, polls suggest that Trump's MAGA base is largely supportive of the strikes. A recent J.L. Partners poll showed that support for U.S. military action against Iran is strongest among Trump's most devoted base. Two-thirds of self-identified "MAGA Republicans" (65 percent) back U.S. strikes, far surpassing support among "Traditional Republicans" (51 percent). Most Republican voters also view Israel's war with Iran as a shared American cause, with 63 percent saying "Israel's war is America's war"—a figure that rises to 67 percent among MAGA Republicans. And a new Washington Post/George Mason University survey finds Republican support for a strike rising from 47 percent to 77 percent. For comparison, political independents moved 10 points in Trump's direction, and Democrats stayed put. For pollster G Elliott Morris, there is a simple explanation for this. "Many Republicans do not hold isolationism as a value above their partisanship," he wrote in a blog post. "When push comes to shove, party loyalty and following the leader override some abstract commitment to staying out of foreign conflicts. If Trump decides that the MAGA movement should abandon isolationism altogether and invade Iran, then a large chunk of the movement will follow suit. The speed and scale of the shift in Republican opinion after Trump's decision to bomb Iran is a textbook example of this." He continued: "Of course, partisanship is not just a Republican phenomenon, but Trump's gravitational pull on opinion is unlike the force wielded by any other politician." Aaron Evans, president of Winning Republican Strategies, summed up why Republicans support Trump's actions in Iran. "Americans know President Trump did exactly what he promised: he stopped Iran from getting nuclear weapons without dragging us into another endless war," Evans told Newsweek. "While Democrats rushed to scream 'World War III,' Trump exposed their weakness and lack of seriousness on foreign policy. He showed strength, poise, and strategic discipline—doing what others only talk about: keeping nukes out of the hands of a terror regime while securing peace through strength. The media can spin, but voters see the truth. President Trump acted with precision, avoided war, and protected American lives. He's a man of action, not talk—and that's exactly why his base remains strong." However, the most recent YouGov/Economist poll found that only 47 percent of Trump 2024 voters think the U.S. should take active part in world affairs, while 37 percent disagreed and 19 percent said they are not sure. Related Articles Donald Trump Approval Rating Falls To All-Time LowBirthright Citizenship: What Polls Show About Americans' ViewsNew 2028 Democratic Front-Runner Surges Ahead of Kamala Harris-PollSusan Collins' Chances of Winning Re-election in Maine, According to Polls 2025 NEWSWEEK DIGITAL LLC.
Daily Maverick
6 days ago
- Politics
- Daily Maverick
No ‘other option' — Western Cape MEC Anton Bredell seeks to dissolve Knysna council
The Western Cape government is threatening to dissolve the Knysna council, which has made headlines over political instability and service delivery problems. 'Our options simply ran out,' said Anton Bredell, the Western Cape MEC for Local Government, as he explained why he sent a letter to the Knysna Municipality, informing it that he was considering recommending that the municipal council be dissolved. Bredell made the comments on Thursday, 26 June, during a sitting of the Western Cape Legislature. He was speaking after an earlier announcement of his intention to dissolve the troubled Garden Route municipality, which has made headlines for political instability and service delivery problems. During the legislature's debate on coalition instability in the Western Cape, Knysna frequently came up. After the 2021 local government elections, it was one of 16 hung councils in the province. Initially, the 21-seat council was run by a coalition of the Democratic Alliance (DA) and local party, the Knysna Independent Movement (KIM). But since mid-2022, Knysna has been governed by a coalition of the African National Congress (ANC), Patriotic Alliance (PA) and a local party, the Plaaslike Besorgde Inwoners (PBI). That coalition has resulted in several headlines, including for sewage spills, which prompted health concerns and provincial intervention, and service delivery collapse, which fuelled a political blame game. In May 2025, wards in the municipality were left without water when the town's main domestic water pump broke. This occurred amid a voter registration weekend, which saw a Gift of the Givers tanker attacked during ANC factional infighting. Bredell said Knysna was an example of a municipality that 'doesn't have financial problems, but a municipality that ignores rules'. He said that service delivery collapsed as a result. He said the decision to send the letter of intention to intervene was an 'embarrassment to the municipality, but our options simply ran out'. The intention to intervene According to a media release by Bredell's office on Thursday, the MEC sent the municipality a letter saying he intends to intervene under Section 139 of the Constitution 'due to protracted and ongoing systemic governance and service delivery failures'. Bredell told the municipality he was considering 'making a recommendation to the Provincial Cabinet that the municipal council be dissolved'. The notice allows the municipality an opportunity to respond to the proposed intention. 'This decision to issue a notice of intention to intervene demonstrates the Western Cape Government's commitment to restoring good governance and ensuring that the residents of Knysna receive the basic municipal services to which they are entitled,' said Bredell. According to Bredell, the municipality failed to adopt a diagnostic assessment report along with a support plan. In March 2024, the province issued a 100-page diagnostic report which detailed a range of problems in the municipality: council dysfunctionality, unaccountability among administrative staff, councillors allegedly interfering with by-law enforcement, non and poor performance, and high vacancy rates within the key infrastructure department. The municipality says it has implemented aspects of the diagnostic and support plan. According to the statement, despite various interventions from the province, including emergency water tankers, financial support and technical assistance, 'the municipality has not prioritised addressing its executive obligation failures. Consequently, the situation continues to deteriorate, even with the assistance from the national and provincial governments.' The statement continued: 'The municipality's failure to rectify its lapses in service delivery resulted in numerous directives and notices being issued by agencies tasked with environmental compliance and enforcement.' 'Politics at play' In response, Knysna municipal manager Lulamile Mapholoba told Daily Maverick: 'I can confirm that the letter was received. We are currently in the process of preparing a response within the stipulated timeframe of 10 calendar days. A special council meeting will be convened next week to formulate this response.' Daily Maverick reported in 2024 that community leader Ralph Stander said dissolving the council and having fresh elections should occur in Knysna, as councillors seemed to be taking instructions from political parties situated outside the municipality, rather than from residents. During the debate in the Western Cape Legislature on Thursday, ANC caucus leader Khalid Sayed thanked residents of Ward 8 (the same area where the Gift of the Givers water tanker was attacked) for voting for the party in by-elections this week. As elections analyst Wayne Sussman wrote in Daily Maverick on Thursday, the ANC won 52% of the vote, which was down from 2021's 72%. This means axed mayor Aubrey Tsengwa, who was removed as mayor during a special council sitting on 14 February and then resigned as ward councillor shortly thereafter, will return to council. Sayed said: 'In response, the DA seeks to dissolve the council because they see that the coalition will now remain, to continue honestly addressing the challenges.' Daily Maverick previously reported that new Knysna Mayor Thando Matika, from the ANC, wants the municipality to invest in infrastructure to address the challenges that plague the 'Jewel of the Garden Route'. DM
Yahoo
25-06-2025
- Entertainment
- Yahoo
Pick up a free Amazon Gift Card and watch the Club World Cup wherever you are with this NordVPN deal
When you buy through links on our articles, Future and its syndication partners may earn a commission. Lionel Messi in action at the Club World Cup. | Credit: CHANDAN KHANNA/AFP via Getty Images Gianni Infantino's Club World Cup is well underway in the United States and the conclusion of the group stage next week is bound to be a stone-cold thriller. Advertisement You might be enjoying the action on Fubo Sports in North America, Channel 5 in the UK or DAZN absolutely everywhere, but if you travel regularly for business or pleasure you'll know it's not always easy to stay connected. You will often find yourself locked out by geo-restrictions, preventing your access and, yes, your fun. The best way to continue your service and watch the Club World Cup on the go is by using a VPN. Gianni Infantino is "sort of the king of soccer" | Credit: Nick Potts How to watch the Club World Cup using a VPN The VPN service recommended as the best VPN service on the market is NordVPN, which is running a terrific VPN deal offering up to 72% off a 2-year NordVPN plan AND an Amazon Gift Card reward Advertisement Get 72% off NordVPN and a free Amazon Gift Card New to a VPN? It's simple. A Virtual Private Network (VPN) is a handy piece of internet tech that allows your devices to appear as if they're in your usual location. So, wherever you are in the world, you can access your usual streaming services as if you're at home, allowing uninterrupted use of your favourite sports and TV shows. There's also a host of privacy and protection benefits for your internet use, making a VPN especially handy when travelling abroad or using public wi-fi for remote work or financial transactions. This is one of the best VPN offers currently available and it's perfect for uninterrupted viewing of the Club World Cup. Save 72%: NordVPN is the top-rated VPN provider according to our expert colleagues at TechRadar and it's fantastic value at just £5.39 per month for the Ultimate plan, which comes with a £50 Amazon Gift Card. Plus and Basic plans are also Deal Watching the Club World Cup in the US or UK The revamped Club World Cup is being broadcast globally by DAZN, which is covering every game from the tournament in the US, UK and elsewhere in the world. DAZN is currently available in the UK for £9.99 per month or in the form of a £19.99 premium tournament pass. Matches are also free-to-air on Channel 5, while Fubo is streaming
IOL News
25-06-2025
- IOL News
SANTACO PRAISES SLAIN ‘EXTORTION KINGPIN'
Six armed suspects were fatally shot during a shootout with police on R 61 between Mthatha and Ngcobo. Santaco national chairperson Zola Bishop Yolelo was among the deceased. Image: Armand Hough/Independent Newspapers THE South African National Taxi Council (Santaco) says its slain Eastern Cape chairperson Zola 'Bishop' Yolelo, who was killed in a shootout with police, will be remembered for 'his unwavering commitment and his robust approach' to leadership and engagement. Yolela, who is suspected of being an extortion kingpin in the Mthatha area and six others were killed when they apparently opened fire on police after having been stopped on the R61 road between Mthatha and Ngcobo on Monday afternoon. He was also suspected of being central to the recent attempts to extort Gift of the Givers teams assisting the Eastern Cape government in providing aid to victims of the recent deadly floods. However, the police could not confirm his involvement in the latest incident where aid teams were threatened not to provide water to residents as this was interfering with their 'business'. The police referred questions to the Independent Police Investigative Directorate (IPID) instead. Eastern Cape police spokesperson, Nobuntu Gantana confirmed that the intelligence driven operation targeted individuals suspected of involvement in extortion activities within the area. 'Six armed suspects were fatally shot during a shootout with police on R 61 between Mthatha and Ngcobo. Police stopped the vehicle, and the suspects stopped. The suspects stepped out of the vehicle and opened fire on police members. Officers returned fire in self-defence, resulting in the fatal shooting of all six suspects. 'The identities of the deceased are currently unknown. Forensic processes are underway to formally identify them. Firearms recovered from the suspects will undergo ballistic analysis,' said Gantana. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Ad Loading Ipid did not respond to requests for comment by deadline. Santaco said it had learnt about Yolelo's death with 'deep sadness and shock'. 'Our thoughts and prayers are with his family, colleagues, and the entire industry at this difficult time,' santaco spokesperson, Rebecca Phala said. Santaco said Yolelo's journey in the taxi industry started from humble beginnings as a car washer and conductor, rising through the ranks serving as chairperson of the Uncedo Mthatha Taxi Association, regional chairperson of the OR Tambo Regional Council, and as a member of the NEC of Uncedo Taxi Association. Zola 'Bishop' Yolelo. Image: Facebook He later became part of Santaco's provincial leadership in the Eastern Cape when he was elected provincial chairperson in April 2022. That was two years after police had issued a reward for information leading to his arrest over his alleged involvement in taxi-related murder cases around Mthatha, Qumbu, Tsolo, Libode and Nqgeleni. At the time in 2018, police had said: " Although several suspects have already been arrested and appeared at courts, these suspects (Zola Bishop Yolela , Melikhaya Ndaba, Thabile Ntshovulana and Latuzana Makhamba) remain at large. Attempts to trace them thus far have been unsuccessful as they continually escape being arrested." Phala said Yolelo played a key role in founding and chairing the Eastern Cape Transport Tertiary Co-operative Limited (ECTTC) in 2010, advancing the formalisation and transformation of the taxi industry. The royal house of AbaThembu once again maintained that Yolelo was never a traditional leader and/or a Chief of the Mthatha West Area. 'It is a matter of public record that the Royal House of AbaThembu took legal steps against Mr Zola Yolelo 'bishop' before the Mthatha High Court; and successfully proved that Mr Zola Yolelo had no legal standing as leader of the Mthatha West either as chief or ordinary leader. 'We call upon all other individuals masquerading as chiefs and/or traditional leaders in the area, enabling their criminal enterprise as extortionists to immediately desist from such criminal behaviour. Desist now,' said the office of King Buyelekhaya Dalindyebo. Gift of the Givers could not be reached for comment yesterday. The ANC in the Eastern Cape did not respond to requests for comment on Yolelo's death and his ties to the party. Cape Times
