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Last Updated : Jul 12, 2019 09:46 PM IST | Source: PTI

Ha z Saeed challenges terror nancing charges against him

The Counter Terrorism Department (CTD) of Punjab Police on July 3 registered 23 FIRs
against 13 leaders of the Jamaat-ud-Dawah (JuD) including its chief Saeed on the charges of
"terror financing" in different cities of Punjab province.
Lord’s: The Home of Chennai real estate hit
PTI Cricket due to water scarcity

@moneycontrolcom

3 Point Analysis | IndiGo Impact of higher

Mumbai attack mastermind and

boardroom tussle surcharge on FPIs

JuD chiefHa
Hafiz Saeed
z Saeed andterror
challenges his six
nancing Anshula Kant appointed MD and CFO of S&P 500,MUST
Dow hit LISTEN
record high at open on
charges against him World Bank hopes of rate cut
aides on July 12 challenged the
charges of terror financing and
money laundering against them
in a Pakistani court.

The Counter Terrorism

Department (CTD) of Punjab
On the Ball | World Cup 2019:
Police on July 3 registered 23 FIRs England could be crowned world
against 13 leaders of the Jamaat- champions, says Gaurav Kalra

ud-Dawah (JuD) including its

chief Saeed on the charges of "terror financing" in different cities of Punjab province. STAY UPDATED

Despite the Punjab Police's claim that all those nominated in the terror financing FIRs will be arrested, no Subscribe to our Daily Newsletter

action has been taken against them so far. Enter Email address Submit

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On Friday Saeed, who is reportedly living at his Jauhar Town residence in Lahore, challenged these FIRs in
the Lahore High Court (LHC). Saeed and other six JuD made the federal and the Punjab governments, and
CTD respondents in the case. TRENDING NEWS

Asus ROG Zephyrus

RELATED NEWS "Hafiz Saeed and other (petitioners) are not members of Lashkar-e-Taiba (LeT) M GU502 review:
Powerful gaming
Anshula Kant appointed MD and
as per the (earlier) judgement of the LHC. The petitioners have no nexus with laptop that scores
brownie points in productivity
CFO of World Bank LeT or Al-Qaeda. They belong to JuD and they are not involved in any terrorist

S&P 500, Dow hit record high at activity and they are only working for social welfare like 'Edhi' and more than Kerala jail ties up with Swiggy, to sell
biriyani made by inmates
open on hopes of rate cut
that they are also educating the poor and the needy," the petition said.
Did anyone say ipgate? Early users of
Oil prices rm on tropical storm Galaxy A80 complain about the stuck
and geopolitical tensions "The Indian lobby made allegations against them (Saeed and others) that they rotating camera
are involved in Mumbai attacks but there is no such evidence or even any
Vivo Z1Pro goes on sale in India - here are
linkage born out from the said documents against the petitioners. There is no evidence that the petitioners the specs, price and offers

are involved in ant-state activities and security risk," it said. Mumbai rains: IMD mocked on Twitter over
failed predictions
The petitioners prayed to the LHC to declare that they (petitioners) are not linked with the LeT and therefore
the CTD's FIRs be declared illegal.

First Published on Jul 12, 2019 09:45 pm

TAGS #Ha z Saeed #Pakistan #World News

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Last Updated : Jul 12, 2019 09:45 PM IST | Source: PTI

Anshula Kant appointed MD and CFO of World Bank

As Managing Director and Chief Financial Officer, Kant will be responsible for financial and
risk management of the World Bank Group, reporting to the President.
PTI
@moneycontrolcom Lord’s: The Home of Chennai real estate hit
Cricket due to water scarcity

Anshula Kant, managing director

3 Point Analysis | IndiGo Impact of higher
boardroom tussle surcharge on FPIs
of the State Bank Of India, has
MUST LISTEN
been appointed as managing
director and chief financial
officer of the World Bank, its
president David Malpass
announced July 12.

As Managing Director and Chief

Image: FICCI
Financial Officer, Kant will be
On the Ball | World Cup 2019:
responsible for financial and risk England could be crowned world
management of the World Bank champions, says Gaurav Kalra

Group, reporting to the President.

STAY UPDATED
"I am very pleased to appoint Anshula Kant as World Bank Group Managing Director and CFO. Anshula
Subscribe to our Daily Newsletter
brings more than 35 years of expertise in finance, banking, and innovative use of technology through her
Enter Email address Submit
work as CFO of the State Bank of India," Malpass said.

"She's excelled at a diverse array of leadership challenges including risk, treasury, funding, regulatory Get Daily News on your Browser Enable
compliance and operations. I look forward to welcoming her to our management team as we work to
increase our effectiveness in supporting good development outcomes," Malpass said.
TRENDING NEWS

RELATED NEWS Among other key management duties, her work will include oversight of Asus ROG Zephyrus
M GU502 review:
NCLAT asks IL&FS, govt about
financial reporting, risk management, and working closely with the World Powerful gaming
steps taken for 55 loss making Bank CEO on mobilization of IDA and other financial resources. laptop that scores
red rms brownie points in productivity

As CFO of the SBI, Kant managed USD 38 billion of revenues and total assets of Kerala jail ties up with Swiggy, to sell
Karnataka LIVE | BJP MLAs to
biriyani made by inmates
spend weekend at resort amid USD 500 billion. Stewarding the organization, she greatly improved the capital
looming trust vote
base and focused on the long-term sustainability of SBI within her mandate. Did anyone say ipgate? Early users of
Galaxy A80 complain about the stuck
Ha z Saeed challenges terror She has been a Managing Director and member of the Board since September rotating camera
nancing charges against him
2018, the World Bank said. Vivo Z1Pro goes on sale in India - here are
the specs, price and offers
With direct responsibility for the SBI's Risk, Compliance, and Stressed Asset Portfolio, Kant led the creation
Mumbai rains: IMD mocked on Twitter over
of investment opportunities while empowering risk management throughout the bank. She held several failed predictions

positions across the organization and helped navigate a diverse array of leadership challenges, the bank
said in a statement.

Kant is a graduate in Economic Honours from Lady Shri Ram College for Women and a Post-Graduate in
Economics from Delhi School of Economics.

First Published on Jul 12, 2019 09:26 pm

TAGS #Anshula Kant #Business #India #World News

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Last Updated : Jul 12, 2019 07:57 PM IST | Source: Reuters

S&P 500, Dow hit record high at open on hopes of rate cut
This marks the third time the S&P 500 has hit an all-time high this week, and traded above
the 3,000 level.
Reuters
@moneycontrolcom Lord’s: The Home of Chennai real estate hit
Cricket due to water scarcity

The S&P 500 and Dow indexes hit

3 Point Analysis | IndiGo Impact of higher
boardroom tussle surcharge on FPIs
a record high at the open on July
MUST LISTEN
12, after Federal Reserve
Chairman Jerome Powell's dovish
remarks this week boosted bets of
an interest rate cut this month.

This marks the third time the S&P

500 has hit an all-time high this
week, and traded above the 3,000
On the Ball | World Cup 2019:
level. England could be crowned world
champions, says Gaurav Kalra
The Dow Jones Industrial Average
rose 51.41 points, or 0.19%, at the open to 27,139.49. STAY UPDATED

The S&P 500 opened higher by 3.45 points, or 0.12%, at 3,003.36. The Nasdaq Composite gained 13.16 points, Subscribe to our Daily Newsletter
or 0.16%, to 8,209.20 at the opening bell.
Enter Email address Submit

First Published on Jul 12, 2019 07:50 pm

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TAGS #Dow Jones Industrial Average #International Markets #S&P 500 #World News

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Last Updated : Jul 12, 2019 07:51 PM IST | Source: Reuters

Oil prices rm on tropical storm and geopolitical tensions

OPEC also predicted on July 11 the return of a surplus next year despite an OPEC-led pact to
restrain supplies.
Reuters
@moneycontrolcom Lord’s: The Home of Chennai real estate hit
Cricket due to water scarcity

Oil prices edged higher on Friday

3 Point Analysis | IndiGo Impact of higher
boardroom tussle surcharge on FPIs
and were on track for a weekly
MUST LISTEN
gain as US oil producers in the
Gulf of Mexico cut more than half
their output because of a tropical
storm and as tensions continued
to simmer in the Middle East.

However, an International
Representative image
Energy Agency (IEA) forecast for
On the Ball | World Cup 2019:
a global oil surplus capped the England could be crowned world
gains. The agency on Friday champions, says Gaurav Kalra

predicted that surging US oil output will outpace sluggish global demand and lead to a large stocks build
STAY UPDATED
around the world in the next nine months.

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OPEC also predicted on July 11 the return of a surplus next year despite an OPEC-led pact to restrain
Enter Email address Submit
supplies.

Brent crude futures were up 36 cents at $66.88 a barrel by 1315 GMT after hitting a session high of $67.29. Get Daily News on your Browser Enable

RELATED NEWS US West Texas Intermediate (WTI) crude futures were up 6 cents at $60.26
TRENDING NEWS
WOTS UP | SEBI says no money-
after touching a high of $60.74.
tising, an Elder(ly) trouble, and Asus ROG Zephyrus
why a market guru is banking on Brent prices have climbed 4.1% this week while WTI has gained 4.9%. Both M GU502 review:
God
registered declines last week. Powerful gaming
laptop that scores
NCLAT asks IL&FS, govt about brownie points in productivity
steps taken for 55 loss making "It is fair to say that OPEC‘s best-laid plans to rebalance the oil market have, so
Kerala jail ties up with Swiggy, to sell
red rms far this year, fallen flat," said Stephen Brennock, analyst at PVM Oil Associates. biriyani made by inmates
Ha z Saeed challenges terror
nancing charges against him
"The oil cartel has led from the front in curbing supply since the start of 2019, Did anyone say ipgate? Early users of
Galaxy A80 complain about the stuck
yet it has failed to quash stubborn oversupply." rotating camera

Vivo Z1Pro goes on sale in India - here are

US crude oil inventories have declined for four weeks and prices were also supported by oil companies in the specs, price and offers
the Gulf of Mexico cutting production because of Tropical Storm Barry.
Mumbai rains: IMD mocked on Twitter over
failed predictions
Companies cut more than 1 million barrels per day (bpd) of output -- 53% of the region's production -- as the
storm headed for possible landfall on the Louisiana coast on Saturday.

The storm was forecast to become a category one hurricane with winds of at least 74 mph (119 kmh).

Warren Patterson, ING's head of commodity strategy, said that concerns will soon grow around the amount
of refining capacity at risk.

"Disruption to refining operations as a result of the storm would likely prove supportive for product cracks,
and given the growing importance of the United States as a refined product exporter, this strength would
likely be felt in other regional markets as well," he said.

The market remained on edge as tensions intensified between Iran and the West. Tehran on Friday said that
Britain was playing a "dangerous game" after last week's seizure of an Iranian tanker on suspicion it was
breaking European sanctions by taking oil to Syria.

"As things stands, market players are clearly not envisaging a supply shock in the region. Only time will tell
whether this turns out to be a case of wishful thinking but one thing is clear: geopolitical risks are here to
stay," said Stephen Brennock, analyst at PVM Oil Associates.

First Published on Jul 12, 2019 07:40 pm

TAGS #Business #Commodities #Crude Oil #Market News #World News

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