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The Latest Breaking News from SP

Stocks Climb as Bond Yields Fall on Optimism for a Fed Pause

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.84%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.42%. Stocks this morning are moderately higher, with the Nasdaq...

Barchart

UK on recession alert amid slump in private sector activity

Poor performance in services industry and manufacturing is mirrored in eurozone

The Guardian - UK

S&P joins Moody’s in cutting US banks amid ‘tough’ climate

Two weeks after Moody’s Investors Service rattled financial stocks by cutting the ratings for a slew of US banks, SP Global Ratings is downgrading and dimming its outlook for several more — citing a similar mix of pressures making life “tough” for lenders.

The Times of India

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Ink thrown at BJP Ghosi bypoll candidate Dara Singh Chauhan

A purported video of the incident is being widely circulated on social media.

The Hindu

Conspiracy to eliminate Araria journalist was hatched in jail, four nabbed: Bihar Police

PATNA: The conspiracy to eliminate the Araria-based journalist Vimal Kumar was hatched inside the jails by two criminals already behind the bars in connection with his brother’s murder, police revealed on Saturday, a day after he was gunned down by four assailants at his doorstep.

The Times of India

Congress workers want Rahul Gandhi to contest from Amethi in 2024 Lok Sabha polls: UP party chief Ajay Rai

People of Amethi want Rahul Gandhi to contest 2024 polls; Congress-SP alliance to defeat BJP-led NDA; UP Cong. Chief Ajay Rai says workers, public want to rectify mistake of 2019. INDIA alliance will uproot NDA

The Hindu

S&P eliminates ESG scores from credit ratings

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the environmental, social, and corporate governance (ESG) trends and events that characterize the growing intersection between business and politics.

Ballotpedia

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SP declares candidate for Ghosi Vidhan Sabha bypoll

Mr. Singh represented Ghosi between 2012 and 2017. The BJP is likely to field Mr. Chauhan, an Other Backward Classes (OBC) leader, who is considered a contender in the upcoming Cabinet expansion.

The Hindu

BJP gave RLD 'respect', any decision on forging alliance to be taken by leadership of both parties: U.P. Minister

RLD alliance with BJP in 2009 LS polls proved "advantageous" as it won 5 seats. BJP has 80% vote share in UP. Akhilesh's 2022 prediction wrong; BJP, Yogi working to make UP $1T economy. UP govt signed MoA with Tata Tech to upgrade 150 ITIs.

The Hindu

The U.S. Government's Bad Credit Means Higher Costs for Us All

Federal officials ignore repeated warnings, and we all pay the price.

Reason

Gender parity offers hope in ‘otherwise bleak landscape’ for corporate social goals, S&P says—It projects women will be 50% of leadership by 2030

The number of women in the boardroom and C-suite has more than doubled since 2010, per S&P’s analysis of the Russell 3000.

Fortune

No plan for caste census in U.P., says Yogi

The Uttar Pradesh government has no plans to conduct a caste census in the State, Chief Minister Yogi Adityanath said on August 10.

The Hindu

SP questions U.P. government’s motive behind tabling Moradabad riots report

SP leader questions motive behind making Moradabad riots report public 40 yrs after submission. Deputy CM defends move, saying it will allow people to know facts. Report exonerates RSS, BJP & common Muslims; blames two Muslim League leaders.

The Hindu

BJP says doors are open after RLD chief misses RS voting on Delhi services Bill

RLD plays down Jayant Chaudhary's absence in Rajya Sabha during discussion on Delhi services Bill, BJP says doors open for him. BJP seeks to benefit from RLD's appeal in western U.P.

The Hindu

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Zenger

New Study Warns Climate Change Could Skyrocket National Debts Globally

Research predicts that 59 nations will experience a drop in sovereign credit ratings.

USAFacts

What is the US credit rating, and what does its downgrade mean?

Fitch Ratings lowered the United States' credit rating to AA+ on August 1st, citing worries about the country's handling of its increasing debt.

The Hindu

Uttar Pradesh Assembly session begins on stormy note; Opposition demands discussion on Manipur

The opening day of the Uttar Pradesh legislature’s monsoon session witnessed stormy scenes as Opposition demanded the Chief Minister to make a statement in the House on the situation in Manipur

Dynamite News

UP Assembly Session: SP Chief Akhilesh Yadav targets BJP govt; Demands urgent discussion on Manipur violence

However the Speaker, Satish Mahana was heard saying that the Manipur matter was not part of the business of the House when Akhilesh Yadav was speaking on the floor of the House. Read further on Dynamite News:

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news in one place.

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Dynamite News

SP Chief Akhilesh Yadav hails restoration of Rahul Gandhi’s LS membership; Says, “Faith in democracy, judiciary increased”

The Congress leader Rahul Gandhi who was disqualified from the lower house in March 2023 has been reinstated as the Wayanad MP. Read further on Dynamite News:

The Hindu

Samajwadi Party chief Akhilesh Yadav hails revocation of Rahul Gandhi's Lok Sabha membership

Hailing the revocation of the Lok Sabha membership suspension of Congress leader Rahul Gandhi, Samajwadi Party chief Akhilesh Yadav on August 7 said he hoped that the Uttar Pradesh Assembly membership of party leader Mohammad Azam Khan and his son Abdulla Azam too will be restored.

The Times of India

Will the UP assembly pay tribute to Atiq Ahmad and his brother Ashraf?

LUCKNOW: Will UP assembly pay tribute to gangster-turned politician Atiq Ahmad and his brother Ashraf who were killed by three assailants in Prayagraj in April this year?

The Hindu

Two minor boys forced to drink urine, tortured in U.P.’s Siddharthnagar over suspicion of stealing ₹2,000

The accused also made a video of the entire episode and posted it on social media, which went viral on Saturday and drew the attention of Superintendent of Police Abhishek Kumar Agarwal, who ordered action in the matter.

The Hindu

BJP using ‘Hindutva’ to divide society, grab power; we need to save ‘true Hindutva’, says Akhilesh Yadav

Samajwadi Party president Akhilesh Yadav accuses BJP of employing its own version of 'Hindutva' to divide society and grab power. INDIA alliance will defeat BJP in 2024 to save Constitution. BJP spreading hatred, disturbing social amity and patronising rioters

The Hindu

Madras High Court directs Cuddalore SP to earmark a place for protest by NLC contract workmen

Madras HC directs SP to earmark place for NLCIL contract labourers' peaceful protest. Union agrees to police's suggestion. HC warns of action against anyone creating law & order problem. Case adjourned to Aug 8.

The Hindu

India’s image tarnished on global level, says Akhilesh

SP President Akhilesh Yadav blames BJP for death of 9th cheetah in Kuno National Park. He claims India's image is tarnished internationally due to these deaths. He calls it administrative 'murder' and says BJP had responsibility to provide safe environment. 6 adult cheetahs and 3 cubs have died since March.

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