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The Metals Company call volume above normal and directionally bullish
The Metals Company call volume above normal and directionally bullish

Business Insider

time5 hours ago

  • Business
  • Business Insider

The Metals Company call volume above normal and directionally bullish

Bullish option flow detected in The Metals Company (TMC) with 18,912 calls trading, 1.0x expected, and implied vol increasing over 6 points to 126.31%. Jul-25 7 calls and 7/25 weekly 6.5 calls are the most active options, with total volume in those strikes near 5,100 contracts. The Put/Call Ratio is 0.22. Earnings are expected on August 14th. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.

Illegal dumping of solid waste: Pollution board slaps Rs 10 crore fine on Thane Municipal Corporation
Illegal dumping of solid waste: Pollution board slaps Rs 10 crore fine on Thane Municipal Corporation

Indian Express

time8 hours ago

  • General
  • Indian Express

Illegal dumping of solid waste: Pollution board slaps Rs 10 crore fine on Thane Municipal Corporation

The Maharashtra Pollution Control Board (MPCB) has slapped a fine of Rs 10.2 crore on the Thane Municipal Corporation (TMC) for the illegal dumping of solid waste at Sabe Gaon in Diva, resulting in damage to mangrove cover. The MPCB announced the fine on July 2, on the orders of the National Green Tribunal (NGT). The MPCB officials said that the trash was dumped in land under the Coastal Regulation Zone (CRZ) category, causing destruction to mangrove cover from 2016 till 2023. The board added that the TMC continued to break environmental standards as it failed to clear the waste even after being brought to its notice about illegal dumping. The fine of Rs 10.2 crore also carries the extension of a two-year period, from 2023 to 2025, for the corporation's inability to clear the piled-up debris from the site. The dumping at the site was taking place since 2015, according to the NGO Vanashakti Foundation. The officials of the TMC did not comment on the fine. The issue was initially flagged in 2023 when Vanashakti Foundation moved a petition before the NGT. According to the petition, the land being occupied by TMC for dumping was within the CRZ and the activity of dumping had led to extreme environmental degradation, including the loss of mangrove cover. After the petition, the TMC systematically transferred its dumping activities to another spot in the periphery of the city. Even after the relocation, the initial dumping ground in Diva was still not cleared. 'We have stated that consistent dumping during several years in a CRZ area not only breached environmental practices but also caused the destruction of essential coastal green cover. The waste consists of Thane's municipal waste which has now started to enter the creek,' said Stalin D of Vanashakti. The MPCB fine follows a site visit and reports that established the TMC continued to dump on the Diva site and had not made efforts to reclaim the location.

3 more arrested in Bhangar murder case
3 more arrested in Bhangar murder case

Time of India

time11 hours ago

  • Time of India

3 more arrested in Bhangar murder case

1 2 3 Kolkata: Three more persons were arrested on Monday in connection with the murder of Trinamool functionary Razzak Khan in Bhangar, bringing the total number of arrests to four. All three men were sharpshooters who carried out the murder under instructions from Mofazzel Molla, claimed local sources. Joint commissioner of police (crime & traffic) Rupesh Kumar announced the arrests of Azharuddin Molla, 25, Jahan Ali Khan, 50 and Raju Molla, 26, all residents of Bijoygarh Bazar in Bhangar. Earlier on Sunday, Mozaffel, a member of the TMC committee in the Bhangar assembly constituency, was arrested based on CCTV footage and circumstantial evidence. Khan was murdered Thursday night while returning from a party meeting. You Can Also Check: Kolkata AQI | Weather in Kolkata | Bank Holidays in Kolkata | Public Holidays in Kolkata Police sources indicate the murder stemmed from disputes over revenue sharing from local Bheries (fisheries) and market control. The investigation will continue, said Lalbazar, with police not ruling out additional arrests.

Bisalpur dam expected to overflow soon, water level crosses 314 mts
Bisalpur dam expected to overflow soon, water level crosses 314 mts

Time of India

time11 hours ago

  • Climate
  • Time of India

Bisalpur dam expected to overflow soon, water level crosses 314 mts

Ajmer: Bisalpur dam crossed its 314 mts gauge mark with more than 73 percent of the dam's total capacity of 28.495 TMC capacity Monday morning. PHED officials feel that in coming days the dam might overflow as Triveni (an important point where Banas, Khari, and Dai rivers meet) from where water comes to the dam has already touched gauge of 3 mts. Bisalpur recorded a total of 427 mm of rainfall. Officials feel that this year the dam is receiving better rainwater compared to previous years. "In July 2024, water level of dam was 310.14 mts while in July 2023, it was more than 313 mts. On Sunday evening, the gauge of Triveni was 313.95 mts and then 84 mm of rain recorded on Monday morning which brought ample water into the dam," said an official. On June 16 this year, the level of the dam was 312.45 mts. The Banas, Khari, and Dai rivers flow from Chittorgarh and Bhilwara which bring additional water. Additional chief engineer of PHED, Ramchandra Rar said, "This time, with good rains in Chittorgarh, Rajasmand, and Bhilwara, the seasonal rivers are bringing water to Triveni, and therefore, the Bisalpur Dam is expected to overflow in July." Bisalpur dam is a major source of drinking water for Jaipur, Ajmer, Tonk and Beawar. Its construction started in 1994 for water supply to Ajmer. Height of the dam was raised in different phases. The dam overflowed for the first time in 2004 and then in 2006. It remained at its lowest, 306.85 mts in 2009 when Ajmer faced water scarcity.

Faced with BJP attacks, how TMC has mobilised to defend Bengali migrant workers
Faced with BJP attacks, how TMC has mobilised to defend Bengali migrant workers

Indian Express

time15 hours ago

  • Politics
  • Indian Express

Faced with BJP attacks, how TMC has mobilised to defend Bengali migrant workers

At a time when the BJP is attempting to corner the Trinamool Congress (TMC) government in Bengal over the issue of undocumented immigration from Bangladesh, accusing it of turning a blind eye to the alleged problem because of electoral compulsions, the Mamata Banerjee-led party has attempted to counter by raising the issue of alleged mistreatment of Bengali migrant labourers in other states such as Odisha, Delhi, and Assam. On Wednesday, Banerjee will lead a rally in Kolkata in protest against the 'humiliation' of Bengali migrant workers. Her party believes the issue can have broad resonance, given the huge number of people from Bengal engaged in informal work outside the state. The TMC believes this strategy will once again help it impress upon the electorate that the BJP is a party of 'bohiragatos (outsiders)' that does not have the interests of Bengali migrants at heart and is more concerned about polarising the political atmosphere by stoking fears about undocumented migrants from Bangladesh. 'This high-pitched campaign not only spread the message that the BJP is anti-Bengali and cannot rule Bengal, but also sends a message to migrant workers … There are at least 50 lakh migrants from our state, and a majority of them are from the minority community. Our campaign will give them the message that only TMC is standing behind them,' said a senior TMC leader. The campaign has picked up following a series of incidents faced by Bengali migrants in other states. On July 11, Assam Chief Minister Himanta Biswa Sharma, who has been conducting deportation drives, set off a row when he said those who identified Bengali as their mother tongue in the 2011 Census could be from Bangladesh. '… In Assam, Assamese is permanent — both as the state and official language. However, if they write Bengali in the Census, it will only quantify the number of foreigners in the state,' he told reporters in Guwahati. A few days earlier, on July 7, the Odisha Police detained 444 migrant workers in Jharsuguda district on suspicion of being Bangladeshi nationals. The migrants were from districts in West Bengal such as Nadia, Murshidabad, Malda, Purba Medinipur, Birbhum, Purba Bardhaman, and South 24 Parganas. Around 50 were later released, some after furnishing additional documentation. The following day (July 8), electricity and water supply were cut off in Delhi's Bengali-dominated Jai Hind Colony. This was based on a civil court's direction in May after allegations of power theft came to light. Banerjee and the rest of the TMC leadership have taken a strong stance against each of these incidents. Targeting Sarma, the ruling party in Bengal said in an X post that he 'was spewing venom through his statements'. It added, 'Where does this hatred stem from? Why this contempt for Bengalis and Bangla? Is it because the BJP was humiliated and rejected by the people of Bengal? If this is how you plan to capture Bengal, through HATE, BIGOTRY, and XENOPHOBIA, we pity you. The people of Bengal will not just reject you again, they will do so with an even bigger mandate. Mark our words.' On the Delhi incident, the CM said that a 'forced eviction is currently underway' in the colony. 'Speaking Bengali does not make one a Bangladeshi… Having failed in their attempts to deprive Bengalis in West Bengal, the BJP is now exporting their Bangla-Birodhi (anti-Bengali) agenda to other parts of the country in a strategic and systematic manner,' she said. On Monday, TMC Rajya Sabha MP Sagarika Ghosh held a protest at the colony. The TMC's Krishnanagar MP, Mahua Moitra, has also echoed the CM in her response to the Odisha issue. She said such incidents had never occurred in '23 years of Naveen Patnaik's Biju Janata Dal (BJD) government'. 'Since the BJP came to power (in Odisha), this has become a daily occurrence,' she said. Moitra said, 'Fifty per cent of Odisha's tourism revenue comes from Bengali tourists. They are the ones who stay in your hotels, eat at your restaurants, visit your pilgrimage sites. What if Bengali tourists stop going to Odisha?' BJP's response Faced with the TMC marshalling its leaders and workers on the issue, the state BJP has looked to stand its ground. Newly elected Bengal BJP president Samik Bhattacharya alleged that in the Odisha case, 335 of the 444 detained had 'fake documents issued by the TMC'. 'The TMC is flooding India with Bangladeshi infiltrators, who work in other states but return to Bengal just to vote for Mamata Banerjee. Every state must be extremely cautious while hiring labour or employees carrying fake Bengal-issued documents. This is not just a demographic threat, it's a national security concern,' he said. Countering this, the TMC wrote on X that a 'section of the BJP was carrying out a misinformation campaign'. 'If they are 'Bangladeshis', let the Odisha government present documentary proof,' said the party. It called on the BJP to stop 'criminalising an entire community just because they speak Bengali'. Last Friday, the Calcutta High Court sought a detailed report regarding allegations that migrant workers from West Bengal had been detained in Delhi and sent to Bangladesh. 'Have workers belonging to West Bengal been detained from Delhi and sent to Bangladesh?' the court asked. It instructed Chief Secretary Manoj Pant to liaise with his Delhi counterpart and submit a comprehensive report on the matter. As per sources, on June 18, six Bengali-speaking people were detained by the Rohini police in Delhi and taken to the N Katju police station. On Saturday, the TMC continued to ramp up its rhetoric on the topic, writing on X that the BJP was on a mission to 'strip our people of dignity, rights, and shelter' and would render them 'stateless' if it came to power in 2026,

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