Latest news with #WWII
Time of India
2 hours ago
- Business
- Time of India
SC halts HC's Rs 1,169 crore deposit order in MMRDA–Reliance metro dispute
The Supreme Court has halted a Bombay High Court order that asked Mumbai Metropolitan Region Development Authority (MMRDA) to deposit the entire arbitral award of Rs 1169 crore that Mumbai Metro One Private Ltd ( MMOPL ), a subsidiary of Anil Ambani's Reliance Infrastructure , won in 2023. However, the apex court said that the HC direction to deposit the entire award amount favouring MMOPL will remain stayed subject to MMRDA depositing 50% of the awarded amount in the HC. A Bench led by Justice Manoj Mishra sought response from MMOPL on an MMRDA's appeal against the HC July 10 order that refused the latter's request for unconditional stay on the arbitral award. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Undo The top court further clarified that the pendency of the proceedings shall not preclude the HC from proceeding further with the hearing of the application filed by MMRDA under of the Arbitration and Conciliation Act, 1996 and if, in the meantime, the HC finally decided the application, one way or the other, this interim order shall abide the order passed by the HC. Solicitor General Tushar Mehta, appearing for the state entity, contended that stay condition of depositing the entire awarded amount, at this stage, would be unduly harsh and therefore, it was a fit case to modify the condition imposed by the High Court while granting interim relief to the Ambani firm. Live Events MMRDA in its appeal submitted that the HC had erred in not granting the interim relief given that the impugned award passed by the tribunal was patently illegal and perverse, beyond the scope of the arbitration agreement , in breach of the principles of natural justice and passed without application of mind and without any basis of evidence. Majority decision of a three-member arbitral tribunal in 2023 had awarded Rs 992 crore with interest to MMOPL, a SPV between Reliance Infrastructure that holds 74% stake and MMRDA that holds 26% stake. The award was passed by the tribunal in 2023, and then corrected in 2024. The JV operates Mumbai's first metro line on Versova -Andheri-Ghatkopar corridor. The Maharashtra government had in June 2006 awarded the Metro One Project to the consortium of Reliance Infrastructure and Veolia Transport SA (now known as Transdev Lle – de - France). Multiple disputes arose between the parties over development, design, engineering, financing, procurement, construction, operation and maintenance of a mass rapid transit system, besides a delay in completion of the project. The metro rail project started with a delay of over two years. MMOPL claimed that the project costs increased from Rs 2,356 crore to Rs 4,321 crores, which the MMRDA has contested. Accordingly, the Ambani firm had invoked the arbitration clause under the Concession Agreement.
CBS News
3 hours ago
- General
- CBS News
Explorers find torpedoes, bell from U.S. destroyer that sank with 167 crew on board during WWII
Explorers on a quest to study a famed wartime shipwreck site have discovered new artifacts from one lost American destroyer. The USS DeHaven, which was sunk during an attack off the Solomon Islands in World War II, still has torpedoes and a bell that are still largely intact, according to the Ocean Exploration Trust, a nonprofit that recently surveyed and filmed the wreckage with remotely operated vehicles. The DeHaven went down in February 1943, after operating out of Guadalcanal throughout the U.S. military campaign there, according to the Destroyer History Foundation. The ship was bombed multiple times and eventually sank, with 167 crew members on board, near Iron Bottom Sound, a section of the ocean near the Solomon Islands known for its WWII-era shipwrecks. The Ocean Exploration Trust set out to learn more about the maritime history of Guadalcanal and Iron Bottom Sound — the site of five pivotal naval battles between August and December 1942. The team used a sonar device to locate wreckage from the surface of the sea before dispatching a pair of remotely operated vehicles down to the seabed. Those ROVs were able to capture high-resolution footage of what remains of the DeHaven, more than 80 years after it plunged to the ocean floor. Video of the expedition has now been published online. During their mission, explorers identified a number of relics among the wreckage of the DeHaven, including propellers, artillery and torpedo mounts, and multiple torpedo warheads, the organization said. They also spotted the ship's bell with help from viewers watching a livestream of the deep-sea initiative, which the organization called "a very unique sighting." Team leaders said the data gathered from the project can provide important frameworks for historians, as well as resource managers of heritage areas "to understand this site's history and future." The Ocean Exploration Trust partnered with NOAA Ocean Exploration, the U.S. Naval History and Heritage Command, the Solomon Islands Government and a number of archaeological centers at universities around the world to help carry out the expedition. The Ocean Exploration Trust has explored the wreckage of World War II warships in the Solomon Islands before. Its teams recently discovered a famed Japanese destroyer sunk by U.S. torpedoes as well as the severed bow of another well-known American warship called the USS New Orleans, which also sank in the Iron Bottom Sound.
Time of India
4 hours ago
- Business
- Time of India
Can India dodge Trump's tariff hammer again?
With the clock ticking toward the August 1 trade deadline set by the Trump administration, the prospects of a last-minute mini trade deal between India and the United States are growing dim. Multiple rounds of negotiations have failed to break the deadlock, primarily centered on India's reluctance to grant market access to American agricultural and dairy products. India's trade delegation, led by chief negotiator Rajesh Agrawal, returned from Washington last week after a fifth round of talks without a breakthrough. Now, an American team is reportedly coming to India for yet another round of talks. A mini trade deal is unlikely before the August 1 deadline, as per several recent media reports. As the standoff lingers, the question now is: can India once again sidestep the looming tariff threat through continued engagement, or is India running out of diplomatic runway? The backdrop to this impasse began in April when US President Donald Trump threatened to impose a 26% tariff on Indian imports as part of his administration's aggressive "America First" trade strategy. India initially managed to avoid immediate implementation, as the US marked July 9n as the deadline to give time to negoatiatons. However, the trade deal was nowhere in sight despite stretched talks by July 9 deadline which was then pushed to August 1 in light of the ongoing discussions. However, the absence of concrete progress in five rounds of talks has placed the potential trade deal on precarious ground. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now If tariffs are imposed, it could affect billions in Indian exports -- particularly textiles, pharma, chemicals and gems and jewelry -- at a time when India is striving to position itself as a key manufacturing alternative to China. The dealdock persists Live Events At the heart of the impasse lies a politically and economically sensitive issue: US demands for reduced tariffs and greater access for its agricultural and dairy products, including genetically modified crops and dairy. India, for its part, has remained firm in its refusal, citing domestic sensitivities. The country's agricultural sector is highly fragmented, dominated by small-scale farmers who are vulnerable to price fluctuations and competition from large-scale US producers. Furthermore, the dairy industry in India has cultural and religious underpinnings. American dairy products, which are often derived from animals fed with meat, conflict with the largely vegetarian dietary norms and religious sentiments prevalent across India. Also, full access to American dairy products will harm India's own dairy sector. Politically, yielding ground on this front could also risk backlash from powerful domestic constituencies. India's negotiation playbook: Delay, dialogue and leverage India's negotiating strategy so far has revolved around three pillars. First, India has skillfully used continued engagement as a tool to delay harsh measures. By keeping talks active, India has created just enough diplomatic cover to avoid formal tariffs, as seen when the original July 9 deadline was extended without consequences. Second, rather than seeking a comprehensive deal, India has favored a fragmented approach -- agreeing to concessions on other sectors while firmly resisting pressure on sensitive areas like agriculture. Notably, unlike other countries, India has not received a formal tariff letter from Trump. This ambiguity, whether strategic or incidental, has given India additional diplomatic breathing room to argue that negotiations are still fluid. Third, as the US increasingly courts India as a strategic partner to counterbalance China, India has used its geopolitical weight to influence negotiations. India knows that the US, while tough on trade, also sees India as critical in its Indo-Pacific calculus. Will India get another reprieve from Trump? Given recent statements from US Treasury Secretary Scott Bessent, there's still a faint glimmer of flexibility. Bessent told CNBC on Monday that the Trump administration was more concerned with the quality of trade agreements than their timing. Asked if the deadline could be extended for countries in talks, he said it was up to Trump. However, he said, "We'll see what the President wants to do. But again, if we somehow boomerang back to the August 1 tariff, I would think that a higher tariff level will put more pressure on those countries to come with better agreements." Bessent emphasized that quality matters more than timing, leaving open the possibility that Trump could push back the deadline if talks show potential. However, he also warned that returning to the tariff threat could serve as leverage to secure better deals. This dual messaging -- flexibility mixed with threat -- is classic Trump-era brinkmanship. India must now judge whether continued engagement can again defer punitive measures or whether the US is prepared to finally call time on negotiations. As of now, a full deal before August 1 seems unlikely. However, India may still succeed in dodging tariffs, at least temporarily, by ensuring the US perceives the ongoing dialogue as meaningful. The incoming American trade delegation's visit to New Delhi is a critical indicator that Washington hasn't shut the door entirely. India's strategy of engaging without yielding may once again help it avoid the tariff bullet. But this game of delay has its limits. If the US begins to see India's stance as obstinate rather than strategic, the pressure could intensify rapidly. Still, with geopolitics on its side, and with Trump's focus as much on optics as outcomes, India might just navigate past August 1 with some deft diplomacy. Whether that buys enough time for a real breakthrough, or just postpones the inevitable, remains to be seen.
Time of India
4 hours ago
- Politics
- Time of India
Bihar Election 2025: Over 52 lakh voters not found at their addresses, says ECI during SIR drive
The Election Commission of India (ECI) on Tuesday revealed that over 52.3 lakh electors in the state of poll-bound Bihar could not be traced at their registered addresses during the ongoing Special Intensive Revision (SIR) of electoral rolls . According to the data shared by ECI, these 52.3 lakh cases — amounting to 6.62% of Bihar's total 7.89 crore electors — fall under various categories, including deceased voters, permanently shifted individuals, duplicate enrollments, and those completely untraceable. Explore courses from Top Institutes in Please select course: Select a Course Category others Leadership Operations Management Data Science Cybersecurity MCA Finance MBA Degree Management Data Science Public Policy Healthcare Data Analytics Technology CXO Artificial Intelligence Others healthcare Project Management Digital Marketing Design Thinking Product Management PGDM Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT - ISB Cybersecurity for Leaders Program India Starts on undefined Get Details Who have been flagged as missing or discrepant entries by ECI? The ECI data provides the following detailed classification: by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Undo Deceased electors: 18,66,869 (2.36%) Permanently shifted electors: 26,01,031 (3.29%) Electors enrolled at multiple places: 7,50,742 (0.95%) Electors not traceable: 11,484 (0.01%) This review is part of a massive door-to-door verification exercise carried out by nearly 1 lakh Booth Level Officers (BLOs), supported by 4 lakh volunteers and 1.5 lakh Booth Level Agents (BLAs) appointed by the 12 major political parties in the state. Political parties and officials join hands Chief Electoral Officer (CEO), District Electoral Officers (DEOs), Electoral Registration Officers (EROs), and BLOs have already held meetings with party representatives. They have shared lists of two critical groups: Live Events The 21.36 lakh electors whose Enumeration Forms (EFs) have yet to be received. The 52.30 lakh electors flagged as deceased, permanently moved, duplicated, or untraceable. The effort aims to clean the electoral rolls before the draft rolls are published on August 1, 2025, as per ECI. A public window will remain open from August 1 to September 1, 2025 for filing any objections, requesting deletions, or seeking corrections, the Election Commission said. Bihar SIR 2025: Enumeration progress so far As of June 24, 2025: Total Enumeration Forms received: 7.16 crore (90.67%) Forms digitised: 7.13 crore (90.37%) Total electors covered (verified + flagged): 7.68 crore (97.3%) Forms still pending: 21.35 lakh (2.7%)
Time of India
4 hours ago
- Business
- Time of India
XRP falls to $3.52 — will Ripple rocket to $10 in 2025 after this whale-driven breakout?
XRP Price Prediction: Is $10 Coming in 2025 After Explosive Gains? XRP is making serious waves in the crypto market again — and if the current momentum holds, a $10 price target may no longer be just a dream. After climbing more than 70% over the past month, XRP is back in the spotlight, riding a wave of bullish sentiment, institutional adoption, and favorable technical indicators. What's the current price of XRP today? As of July 22, 2025, XRP is trading at $3.52, down just slightly from its intraday high of $3.64. The daily low stands at $3.43, marking a day of moderate volatility. Despite this minor dip, XRP remains firmly in a bullish structure. Explore courses from Top Institutes in Please select course: Select a Course Category Data Analytics Artificial Intelligence Product Management others Cybersecurity Data Science healthcare Data Science Healthcare Technology Others Digital Marketing MCA Finance Operations Management Design Thinking PGDM Degree CXO Leadership Management Project Management Public Policy MBA Skills you'll gain: Data Analysis & Visualization Predictive Analytics & Machine Learning Business Intelligence & Data-Driven Decision Making Analytics Strategy & Implementation Duration: 12 Weeks Indian School of Business Applied Business Analytics Starts on Jun 13, 2024 Get Details 24-hour change : -0.28% Market momentum : Bullish Intraday high : $3.64 Intraday low : $3.43 This movement follows a strong breakout earlier this month, pushing XRP beyond the psychologically important $3.50 resistance level. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Undo What are the current trends driving XRP's price? XRP's recent surge is being driven by a powerful mix of technical breakouts, on-chain metrics, and institutional accumulation. Here's what's fueling the rally: Technical breakout above key resistance XRP broke out of a long-standing symmetrical triangle pattern, confirming a bullish continuation. A breakout above the $2.50 resistance in early July triggered a wave of buying pressure. Live Events Overbought momentum with room to grow Daily RSI : 89 (overbought but trending upward) Weekly RSI : 56 (neutral-bullish) MACD : Bullish crossover Support level : $3.30 Resistance level : $3.84 Whale accumulation signals confidence Large XRP wallet addresses are increasing their holdings significantly. On-chain data shows that institutional wallets have added billions of XRP tokens over the past two weeks, signaling strong confidence in XRP's long-term value. What's the historical performance of XRP over the past month? XRP's current rally didn't appear out of nowhere. Here's a breakdown of how the token has performed from June 22 to July 22 : Lowest price : $1.91 (June 22) Highest price : $3.66 (July 18) 30-day average : ~$2.59 Growth : ~85% from the June low Key historical dates: June 23 : XRP jumps 7% off the bottom July 17 : XRP spikes 14.6% in a single day July 18 : Breaks $3.60 for the first time since 2021 These moves reflect not just speculation but growing real-world use cases and macro tailwinds for Ripple and the broader crypto sector. What is the XRP short-term price prediction? Analysts are largely bullish on XRP in the short term, especially after the latest breakout and buying volume. Here's what experts expect over the next few weeks: Source Short-Term Forecast Timeframe CoinLore $3.70 10 days CoinCodex $3.44–$3.65 24 hours Binance (user avg) $3.53–$3.54 30 days Peter Brandt $4.47 Next few months Caution: RSI and overbought levels suggest the possibility of short-term pullbacks before another leg up. What is the XRP long-term forecast for 2025–2030? Long-term forecasts for XRP are increasingly optimistic, with analysts highlighting its potential to reshape global payments and attract institutional capital. Forecast Provider End of 2025 2026–2027 Range 2028–2030 Prediction CoinLore ~$3.01 N/A ~$7.36 by 2030 CoinCodex N/A N/A ~$10.56 by 2030 Changelly $3.51 (avg) ~$4.78 in 1 year ~$4.08 in 5 years Binance Consensus ~$4.49 N/A ~$4.49 by 2030 What are the key catalysts behind XRP's rise? Several macro-level and on-chain factors are pushing XRP toward new highs: 1. Regulatory clarity from the U.S. The GENIUS Act , recently passed by the U.S. House, provides much-needed clarity on stablecoins and digital assets. Potential upcoming laws could allow 401(k) crypto allocations , further driving demand. 2. Ripple's global adoption Ripple continues expanding in cross-border payment markets , with institutions in Europe, Asia, and Latin America increasingly using XRP for real-time settlements. 3. Institutional buying momentum ETFs, hedge funds, and fintechs are reportedly building positions in XRP amid growing confidence in Ripple's legal positioning and utility. Can XRP hit $10 in 2025? While the $10 target is ambitious, it is no longer out of reach given XRP's current trajectory. For XRP to reach $10, the following would need to align: Continued bullish sentiment and technical breakouts Passage of pro-crypto regulation in the U.S. Major institutional adoption Sustained whale accumulation If these trends continue, many experts agree XRP could realistically touch $7–$10 by late 2025 or early 2026 . Is XRP a buy right now? XRP is showing impressive strength in both technical charts and macro fundamentals. With a clear breakout , strong institutional buying , and regulatory tailwinds , the crypto has a compelling case for more upside. However, with indicators showing overbought signals , new investors might consider waiting for a healthy pullback before entering. Bottom Line : If you're betting on the future of digital payments and regulatory breakthroughs, XRP remains one of the most exciting tokens to watch in 2025. FAQs on XRP's current trend and price prediction Q1: Why is XRP trending in July 2025 and what's driving the price movement? XRP is trending because of a strong price breakout, heavy whale buying, and rising hopes that it could reach $10 by the end of 2025. Q2: What is the XRP price prediction for 2025 after today's dip to $3.52? Even after today's drop, experts say XRP still has the potential to hit $7 to $10 by late 2025 if buying pressure and market momentum continue.
