Tuesday, 31 October 2023

As Trump tried to buy Buffalo Bills, bankers doubted he'd get NFL's OK, emails show at fraud trial

Internal emails shown at Donald Trump's civil fraud trial reveal that when he tried to buy the Buffalo Bills in 2014, investment bankers doubted the NFL would allow it but encouraged him to stay in the running

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Massive windfarm project to be built off Virginia coast gains key federal approval

A power company’s plans for an enormous offshore wind farm off Virginia's southeast coast have received key federal approval

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Monday, 30 October 2023

Spending passes $17M in Pennsylvania high court campaign as billionaires, unions and lawyers dig in

Millions more dollars are flowing into Pennsylvania’s race for a state Supreme Court seat, as labor unions, trial lawyers and billionaires spend heavily

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Tennessee governor, congressman discuss safety on visit to Jewish school that foiled armed intrusion

Tennessee Gov. Bill Lee and U.S. Rep. David Kustoff are praising security measures at a Memphis Jewish school where an ex-student with a gun was stopped from entering the building in July

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Judge wants to know why men tied to Gov. Whitmer kidnap plot were moved to federal prisons

A judge wants to know why two men convicted of secondary roles in a plot to kidnap Michigan Gov. Gretchen Whitmer have been transferred to federal prisons out of state

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Doctors could revive bid to block Arizona ban on abortions performed due to genetic abnormality

A federal appeals court is giving abortion rights advocates a chance to revive their bid to block an Arizona law that restricts abortions due to the presence of a fetal genetic abnormality, such as Down syndrome

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Sunday, 29 October 2023

Biden will visit a Minnesota family farm this week as top officials kick off stops in rural America

President Joe Biden will visit a family farm in Minnesota on Wednesday as part of two weeks of stops in rural America by top administration officials

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4 people, including 2 students, shot near Atlanta college campus

Police said the shooting stemmed from a dispute between two groups.

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POLL ALERT: Oklahoma slips to No. 10; Kansas and K-State enter rankings; No. 1 Georgia and rest of top five hold steady

POLL ALERT: Oklahoma slips to No. 10; Kansas and K-State enter rankings; No. 1 Georgia and rest of top five hold steady

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Saturday, 28 October 2023

South Africa wins the Rugby World Cup after beating New Zealand 12-11

South Africa wins the Rugby World Cup after beating New Zealand 12-11

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India Imposes $800 Per Tonne Minimum Export Price On Onion

The government on Saturday imposed a minimum export price (MEP) of USD 800 per tonne on onion exports till December 31 this year with a view to increase availability of the vegetable in the domestic market and contain prices.

The decision will come into effect from October 29.

Besides, the government has also announced the procurement of additional 2 lakh tonnes of onion for the buffer, over and above the 5 lakh tonnes already procured.

The MEP is there for all varieties of onion except Bangalore Rose and Krishnapuram onions; and for cut, sliced, or broken in powder forms.

"Exports of onions is free. MEP of USD 800 FOB (free on board) per tonne is imposed till December 31, 2023," the Directorate General of Foreign Trade said in a notification.

An official statement said that the step will help in maintaining sufficient availability of onion to domestic consumers at affordable prices as the quantity of stored Rabi 2023 onion is declining.

The USD 800 per tonne MEP translates into about Rs 67 per kg.

Onion from the buffer has been disposed continuously since the second week of August in major consumption centres all over the country, and also supplied to retail consumers at Rs 25 per kg through mobile vans operated by NCCF and NAFED.

"Till date about 1.70 lakh metric tonne of onion has been disposed from the buffer. The continuous procurement and disposal of onion from the buffer are undertaken to moderate the prices for consumers while ensuring remunerative prices to the onion farmers," the statement said.

The DGFT notification added that certain onion consignments will be allowed to be exported without MEP and that included consignments that have been handed over to the Customs before this notification and is registered in their system.

Onion consignment that has entered the Customs station for exportation before this notification and is registered in the electronic systems of the concerned custodian of the Customs station with verifiable evidence of date and time stamping of these commodities having entered the customs station prior to the issuance of this notification is also permitted to be exported.

It added that export duty will not be refunded, if paid.

Onion prices have further risen to Rs 65-80 per kg in the retail market of the national capital on lower supply.

Mother Dairy, which has around 400 Safal retail stores in Delhi-NCR, is selling loose onions at Rs 67 per kg. E-commerce portal Bigbasket is selling at Rs 67 per kg, while Otipy at Rs 70 per kg.

Local vendors are selling onions at Rs 80 per kg.

Mother Dairy was selling onions at Rs 54-56 per kg on Wednesday and now the rates have touched Rs 67 per kg.

With the rise in retail prices, the Centre on Friday decided to step up the sale of buffer onion at a subsidised rate of Rs 25 per kg in retail markets in order to provide relief to consumers.

According to the Department of Consumer Affairs data, on Saturday the all-India average retail price of onion is Rs 45 per kg, but the maximum price is Rs 80 per kg. In Delhi, the average price is ruling at Rs 75 per kg.

According to the ministry, onion is being offloaded from the buffer stock in both wholesale and retail markets in those states where there is a sharp rise in prices.

Since mid-August, about 1.7 lakh tonnes of buffer onion has been offloaded in 22 states at different locations.

In retail markets, buffer onion is being offloaded through two cooperative bodies NCCF and NAFED outlets and vehicles at a subsidised rate of Rs 25 per kg.

In Delhi too, buffer onion is being sold at this subsidised rate.

A senior government official said the delay in kharif onion sowing due to weather reasons has resulted in less coverage and late arrival of the crop.

The fresh kharif onion should have started arriving by now but it has not.

With stored rabi onion getting exhausted and due to delay in the arrival of the kharif onion, there is a tight supply situation, resulting in price increases in both wholesale and retail markets, the official added.

He also mentioned that the government has doubled the buffer onion stock for the current year and this should improve domestic availability and check prices in the coming days.

For the 2023-24 fiscal year, the consumer affairs ministry through NCCF and NAFED has maintained a buffer onion stock of 5 lakh tonnes and plans to procure an additional 2 lakh tonnes of onion in the coming days.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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Former Vice President Mike Pence drops his bid for the Republican presidential nomination

Former Vice President Mike Pence drops his bid for the Republican presidential nomination

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Friday, 27 October 2023

Live Updates | Authorities name all 18 Maine mass shooting victims and lift shelter-in-place order

Maine’s public safety commissioner has named all 18 victims of the mass shooting in Lewiston

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Maine's officials have lifted a shelter in place order as they search for the suspect in the Lewiston massacre

Maine's officials have lifted a shelter in place order as they search for the suspect in the Lewiston massacre

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Maine's close-knit deaf community is grieving in the wake of shootings that killed 4 beloved members

Maine’s close-knit community of deaf and hard of hearing people is grieving in the wake of the Lewiston shootings that killed beloved members, many of whom were ardent advocates

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The victims of a mass shooting in Maine ranged in age from 14 to 76, medical examiner says; names not yet released

The victims of a mass shooting in Maine ranged in age from 14 to 76, medical examiner says; names not yet released

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Thursday, 26 October 2023

Missouri nonprofit director stole millions from program to feed needy kids, indictment alleges

Federal prosecutors say that the executive director of a Missouri nonprofit is accused of stealing millions of dollars from a program intended to provide meals for low-income children

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Police in Illinois fatally shoot sledgehammer-wielding man after reported domestic assault

A man who allegedly attacked two relatives with a sledgehammer in suburban Chicago has been fatally shot by police after he charged at officers

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Gunman opens fire on city of Buffalo vehicle, killing one employee and wounding two others

A city of Buffalo employee was fatally shot and two others were wounded when the city pickup truck they were in was struck by gunfire from a passing vehicle

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Wife of ex-Alaska Airlines pilot says she's in shock after averted Horizon Air disaster

The former Alaska Airlines pilot who police say tried to cut the engines while riding in the cockpit jump seat during a Horizon Air flight made his first appearance in federal court in Portland, Oregon

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Wednesday, 25 October 2023

White House wants more than $23 billion from Congress to respond to natural disasters

The White House is asking lawmakers for more than $23 billion in emergency funding to help the government respond to the natural disasters that have ripped through the U.S. this year

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Tennessee attorney general sues federal government over abortion rule blocking funding

Tennessee’s top legal chief says the federal government is wrongly withholding millions of dollars in family planning funds after the state refused to comply with federal rules requiring clinics to provide abortion referrals due to its current ban on t...

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Hyundai is rapidly building its first US electric vehicle plant, with production on track for 2025

Construction of Hyundai's first U.S. plant dedicated to making electric vehicles is moving quickly

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Tuesday, 24 October 2023

Bagged, precut onions linked to salmonella outbreak that has sickened 73 people in 22 states

An outbreak of salmonella poisoning linked to bagged, precut onions recalled by a California firm has sickened at least 73 people in 22 states, including 15 who were hospitalized

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Oregon State University gives all clear after alerting bomb threat in food delivery robots

Oregon State University officials have given the all clear to people on campus after warning them at lunch time not to open any food delivery robots because of a bomb threat

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States sue Meta claiming its social platforms are addictive and harm children's mental health

Dozens of US states, including California, New York, Arizona and Indiana are suing Meta Platforms Inc. for harming young people’s mental health and contributing the youth mental health crisis by knowingly designing features on Instagram and Facebook th...

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California regulators suspend San Francisco robotaxi service for safety reasons

California regulators have revoked the license of a robotaxi service owned by General Motors after determining its driverless cars that recently began transporting passengers throughout San Francisco are a dangerous menace

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Monday, 23 October 2023

US Forest Service sued over flooding deaths in the wake of New Mexico's largest recorded wildfire

Relatives of three people who died last year in a flash flood stemming from the largest wildfire in New Mexico’s recorded history are suing the U.S. Forest Service

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Bitcoin Nears $31,000 Mark. Here Are The Reasons For Its Recent Boom

Cryptocurrency Bitcoin is witnessing a boom and the coin managed to gain 2.19 per cent and traded at $30,543.48 on Monday. The value of the largest cryptocurrency by circulation went up by over 9.5 per cent in the past seven days and is nearing the $31,000 mark now.

Bitcoin price witnessed sluggish growth and lost significant value in the crypto crashes in recent years. Bitcoin managed to attain an all-time high of $68,789.63 on November 10, 2021, before it started dropping in value. The tables have turned now owing to the recent surge rally in the crypto domain.

At the time of writing, Bitcoin held a market capitalization of $596.19 billion, up by 2.2 per cent, according to CoinMarketCap statistics. In addition, the 24-hour trade volume saw a substantial hike of 22.5 per cent and was recorded at $16.14 billion. In the past month, the cryptocurrency behemoth gained 14.91 per cent in value.

October has proven to be a lucky month for Bitcoin, aka BTC, and the entire crypto market. In October, Bitcoin price shot up by about 12.7 per cent.

The recent Bitcoin surge can be attributed to several key factors. At first, the market for crypto rallied on October 21 and led to the liquidation of about $64 million in short positions in the span of 24 hours. This liquidation, including a staggering figure of $2.53 million on the crypto trading app Binance forced short-sellers to cover their positions, thereby adding to the Bitcoin demand.

In addition, US Federal Reserve Chair Jerome Powell's hints of possible suspension of interest rate hikes may have also had an immediate effect on Bitcoin price.

According to a report by Coinpedia, on October 19, Bitcoin surged by about 3.7 per cent after Powell's remarks.

Apart from the above mentioned factors, the crypto market sentiment was further boosted by a drop in charges against Ripple executives in the XRP vs SEC lawsuit. The XRP price rose over 8 per cent on Thursday and likely affected Bitcoin's price as well, considering that cryptocurrency is an integrated market.



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Sunday, 22 October 2023

Search for suspect in fatal shooting of Maryland judge continues for a fourth day

Authorities completed their search of an area where the suspect's SUV was found.

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Deal to force multinational companies to pay a 15% minimum tax is marred by loopholes, watchdog says

An ambitious 2021 agreement by more than 140 countries and territories to weed out tax havens and force multinational corporations to pay a minimum tax has been weakened by loopholes and will raise only a fraction of the revenue that was envisioned, a ...

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Saturday, 21 October 2023

Shooter gets 23 years to life for ambushing NYC police twice in 12 hours, wounding 2

A shooter who ambushed police in New York City twice in 12 hours, wounding two officers, has been sentenced to 23 years to life in prison

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Hurricane Norma makes landfall near resorts of Los Cabos on Mexico’s Baja California peninsula

Hurricane Norma makes landfall near resorts of Los Cabos on Mexico’s Baja California peninsula

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Friday, 20 October 2023

Marine fatally shot at Camp Lejeune was 19 and from North Carolina, the base says

A Marine killed in a shooting at Camp Lejeune has been identified by officials as a 19-year-old lance corporal from North Carolina

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Guest lineups for the Sunday news shows

Guest lineups for the Sunday news shows

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Owner of California biolab that fueled bio-weapons rumors charged with mislabeling, lacking permits

The Chinese owner of an unauthorized California lab that fueled conspiracy theories about COVID-19 and bio-weapons was arrested on charges of manufacturing and distributing misbranded medical tests and making false statements

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US warns of a Russian effort to sow doubt over the election outcomes in democracies around the globe

The U.S. is warning other democracies that Russia appears to be opening up a new front in its covert campaign against democracy by sowing doubts about the reliability of elections in general

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Thursday, 19 October 2023

US intelligence estimates toll in Gaza hospital blast on “low end” of 100-300, calls loss of life “staggering.”

US intelligence estimates toll in Gaza hospital blast on “low end” of 100-300, calls loss of life “staggering.”

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Trial of a man accused of killing a New Hampshire couple on a hiking trail nears conclusion

Prosecutors in the case of a man charged with fatally shooting a retired New Hampshire couple on a hiking trail have argued his repeated lies, bid to flee and a gun in his backpack offered a trial of evidence to show he is guilty

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Maryland police officer suspended after arrest on Capitol riot charges

A Maryland police officer who fatally shot a stabbing suspect earlier this year has been arrested on charges that he assaulted police during a mob’s Jan. 6, 2021, attack on the U.S. Capitol

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US Navy warship in Red Sea intercepts three missiles heading north out of Yemen

U.S. officials say a U.S. Navy warship on Thursday took out three missiles that had been fired from Yemen and were heading north

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Wednesday, 18 October 2023

Midair collision between hang glider and paraglider in Utah kills 1, injures 2 others

Police say a hang glider and paraglider have collided and crashed in Utah, killing the paraglider pilot and seriously injuring his passenger

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Search continues for inmate who escaped from Houston courthouse amid brawl in courtroom

The search continues for an inmate who managed to walk out of a Houston courthouse after being left unattended by deputies who were responding to a brawl in a nearby courtroom

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Tuesday, 17 October 2023

Live updates | Jordan loses 20 Republicans in speaker's vote, creating uphill climb to win gavel

House Democratic leader Hakeem Jeffries is calling on Republicans to work with Democrats to elect a speaker

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Deer struggling in cold Alaskan waters saved by wildlife troopers who give them a lift in their boat

Two Alaska Wildlife Troopers wound up playing the role of rescuers last week while boating to Ketchikan in southeast Alaska's famed Inside Passage

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Cleanup cost for nuclear contamination sites has risen nearly $1 billion since 2016, report says

The estimated future cost to clean up 19 sites contaminated by nuclear waste from the Cold War era has risen by nearly $1 billion in the past seven years

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Ex-Michigan gubernatorial candidate sentenced to 2 months behind bars for Capitol riot role

A former Republican candidate for governor of Michigan has been sentenced to two months behind bars for joining a mob’s attack on the U.S. Capitol

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Monday, 16 October 2023

Pepper X marks the spot as South Carolina pepper expert scorches his own Guinness Book heat record

The South Carolina hot pepper expert who set a world record for the hottest pepper a decade ago is at it again

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Sunday, 15 October 2023

Son of banana tycoon takes lead with 51% of votes counted in Ecuador’s presidential runoff election

Son of banana tycoon takes lead with 51% of votes counted in Ecuador’s presidential runoff election

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Actor Suzanne Somers, who played Chrissy Snow on past US TV sitcom “Three’s Company,” has died at 76, publicist says

Actor Suzanne Somers, who played Chrissy Snow on past US TV sitcom “Three’s Company,” has died at 76, publicist says

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Exit poll says Poland's governing conservative party wins most votes but is unlikely to have a parliamentary majority

Exit poll says Poland's governing conservative party wins most votes but is unlikely to have a parliamentary majority

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POLL ALERT: Washington jumps into top 5 for first time in 6 years after beating Oregon, Air Force moves into rankings

POLL ALERT: Washington jumps into top 5 for first time in 6 years after beating Oregon, Air Force moves into rankings

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Saturday, 14 October 2023

Ohio's Hopewell Ceremonial Earthworks mark UNESCO World Heritage designation

For 400 years, Indigenous North Americans flocked to a group of ceremonial sites in what is present-day Ohio to celebrate their culture and honor their dead

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A teen's death in a small Michigan town led the FBI and police to an online sexual extortion scheme

FBI Director Christopher Wray has spoken to one of the nation's largest police groups about how his agency works with police around the United States in tackling violent crime, fentanyl and gangs

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3 dead after a shooting at a party at a Denver industrial storefront

Police say three people are dead in early morning shooting at a party in Denver.

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Friday, 13 October 2023

Schumer says he's leading a bipartisan group of senators to Israel

Senate Majority Leader Chuck Schumer is headed to Israel this weekend to discuss what resources the United States can provide for its war against Hamas

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Georgia woman sentenced to 30 years in prison in child care death of 4-month-old

A suburban Atlanta woman has been sentenced to 30 years in prison for the 2021 murder of a 4-month-old who died after she placed him to sleep on his abdomen

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Advocacy group says a migrant has died on US border after medical issue in outdoor waiting area

An advocacy group says a migrant died this week after having a medical emergency in an area where people wait to be processed outdoors by Border Patrol agents

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Federal, local officials agree on $450 million deal to clean up Milwaukee waterways

Federal, state and local officials have agreed to spend about $450 million to dredge contaminated sediment from Milwaukee's harbor and area rivers

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Thursday, 12 October 2023

UN suspends and detains 8 peacekeepers in Congo over allegations of sexual exploitation

A U.N. official says the eight peacekeepers have been suspended and detained in eastern Congo on allegations of sexual exploitation

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Wednesday, 11 October 2023

Ex-NFL player Sergio Brown arrested in Southern California in connection to mother's slaying

Authorities say former NFL player Sergio Brown has been arrested in Southern California nearly a month after the body of his 73-year-old mother was found behind her suburban Chicago home

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Man who found bag of cash, claimed finders-keepers, pays back town, criminal charge dropped

A criminal charge has been dropped against a Connecticut man who found a bag containing nearly $5,000 in cash outside a bank and claimed “finders-keepers.”

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California law banning large-capacity gun magazines likely to survive lawsuit, court says

A federal appeals court has temporarily blocked a lower court’s ruling that California cannot ban gun owners from having detachable magazines that hold more than 10 rounds

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Rare birdwing butterflies star in federal case against NY man accused of trafficking insects

Federal prosecutors in New York are seeking forfeiture of a collection of 1,000 butterflies, moths and other insects that authorities say were illegally trafficked

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Tuesday, 10 October 2023

Less than 24 hours after hitting picket lines, Canadian auto workers reach tentative agreement with General Motors

Less than 24 hours after hitting picket lines, Canadian auto workers reach tentative agreement with General Motors

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New indictment charges Rep. George Santos with stealing donor IDs, making unauthorized charges to their credit cards

New indictment charges Rep. George Santos with stealing donor IDs, making unauthorized charges to their credit cards

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Kari Lake wants to be elected to the Senate. She also wants to keep fighting the election she lost

Kari Lake is preparing to launch a U.S. Senate campaign with a splashy rally outside Phoenix, having never conceded she lost last year’s race for Arizona governor

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Israeli military says about 1,500 bodies of Hamas militants have been found in Israeli territory

Israeli military says about 1,500 bodies of Hamas militants have been found in Israeli territory

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Wall Street Journal reporter loses appeal and will stay in a Russian jail at least through November

Wall Street Journal reporter Evan Gershkovich, who has been detained in Russia on espionage charges, has lost an appeal to be released from jail, meaning he will stay behind bars at least until Nov. 30

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Former Alabama lawmaker pleads guilty to voter fraud charge for using fake address to run for office

A former Alabama lawmaker has pleaded guilty to a voter fraud charge that he rented a closet-sized space in a home to fraudulently run for office in a district where he did not live

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Hughes Van Ellis, youngest known survivor of Tulsa Race Massacre, dies at 102

Hughes Van Ellis, who was the youngest known survivor of the Tulsa Race Massacre and who spent his latter years pursuing justice for his family and other descendants of the attack on “Black Wall Street,” has died

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Oklahoma judge dismisses case of man who spent 30 years in prison for Ada rape

An Oklahoma judge has exonerated a man who spent 30 years in prison for a 1987 rape and burglary in Ada

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White House condemns a violent crash at the Chinese Consulate in San Francisco

The White House is condemning a violent crash at the Chinese Consulate in San Francisco that ended with police fatally shooting a man

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Monday, 9 October 2023

Former Texas congressman Will Hurd suspends his Republican presidential bid, endorses Nikki Haley

Former Texas congressman Will Hurd suspends his Republican presidential bid, endorses Nikki Haley

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Ted Schwinden, who served two terms as Montana governor, dies at age 98

Former Montana Gov. Ted Schwinden, a wheat farmer and Word War II veteran who gained national attention for keeping his home phone number listed during his two terms in office, has died

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Mast snaps aboard historic Maine schooner, killing 1 and injuring 3

Officials say the top portion of a mast snapped toppled on a historic excursion vessel, killing one person and injuring others aboard the Grace Bailey schooner off the coast of Maine

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Sunday, 8 October 2023

Tourism resuming in West Maui near Lahaina as hotels and timeshare properties welcome visitors

The area around the historic Maui town largely destroyed by wildfire two months ago has begun welcoming back travelers

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Shooting at Pennsylvania community center kills 1 and injures 5 victims

Authorities say one person was killed and eight were wounded in a shooting during a private party at a Pennsylvania community center early Sunday

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Saturday, 7 October 2023

Former Tropical Storm Philippe's remnants headed to waterlogged New England and Atlantic Canada

The remnants of former Tropical Storm Philippe are bearing down on waterlogged New England with the promise of rain, wind and isolated power outages

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Israeli rescue service confirms at least 22 people killed in Hamas incursion

Israeli rescue service confirms at least 22 people killed in Hamas incursion

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California Gov. Gavin Newsom vetoes bill that would have decriminalized psychedelic mushrooms

California Gov. Gavin Newsom has vetoed a bill aimed at decriminalizing the possession and use of some hallucinogens, including psychedelic mushrooms

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Friday, 6 October 2023

Mississippi Democrat Brandon Presley aims to rally Black voters in governor's race

Mississippi's Democratic nominee for governor says the election could hinge on turnout among Black voters

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Arkansas jail inmates settle lawsuit with doctor who prescribed them ivermectin for COVID-19

Five former inmates at an Arkansas county jail have settled their lawsuit against a doctor who they say gave them ivermectin without their consent to treat COVID-19

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A Florida man who shot down a law enforcement drone faces 10 years in prison

A man accused of shooting down a law enforcement drone being used at a business near his Florida home is facing up to 10 years in federal prison

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Judge denies temporary bid for out-of-state help for North Dakota congressional age limit measure

A federal judge in North Dakota won't temporarily allow out-of-state petition circulators to help supporters of a measure proposing congressional age limits

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Thursday, 5 October 2023

Man with handgun seeking Wisconsin Gov. Tony Evers arrested in state Capitol, posts bail and returns with assault rifle

Man with handgun seeking Wisconsin Gov. Tony Evers arrested in state Capitol, posts bail and returns with assault rifle

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US moves closer to underground testing of nuclear weapons stockpile without any actual explosions

Scientists charged with making sure the United States' aging stockpile of nuclear weapons are good to go, if needed, say they’ll start shipping key components to the Nevada desert next year

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Who might replace McCarthy as House speaker? What are Republicans already demanding for their vote?

Republicans are trying to rally around a new House speaker after Rep. Kevin McCarthy’s ouster

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India Among Top 3 Nations With Highest 5G Base, Remarkable: Nokia CEO

The 5G network rollout in India has been remarkable and the country is among the top three nations with the largest 5G installed base in the world, a top Nokia official said on Thursday. Nokia President and CEO Pekka Lundmark was addressing an event during the inauguration of the company's 6G research lab in Bengaluru.

"5G rollout in India is truly remarkable. This has been one of the fastest telecom network roll-outs ever and means India is now among the top three countries in the world that have the largest 5G installed base, with 5G download speeds beating those found in many advanced markets," Lundmark said.

While there has been a decline in telecom gear shipment across major geographies, the 5G rollout in India has been able to offset a dip in the business of Ericsson and Nokia.

Nokia posted 333 per cent growth in India sales at about Rs 9,500 crore in the June quarter of 2023.

Ericsson reported 74 per cent growth in net sales in the June 2023 quarter in "South East Asia, Oceania and India" to around Rs 10,700 crore of which around 90 per cent of its business comes from India.

Reliance Jio and Bharti Airtel are expected to invest about Rs 75,000 crore in the current financial year to strengthen their networks, according to a report by JM Financial.

According to the report, Jio may invest around Rs 42,000 crore and Bharti Airtel around Rs 33,000 crore in FY24, but the investment will taper down after their 5G network rollout target is met as per their announcement.

"We are satisfied with this work so far - but there is still more to do. We will continue to support India's digital transformation across industry, society and public services," Lundmark said.

Nokia's 6G Lab was inaugurated virtually by Union Telecom Minister Ashwini Vaishnaw.

The first-of-its-kind project aims to accelerate the development of fundamental technologies and innovative use cases underpinned by 6G technology that will address the future needs of both industry and society.

Nokia's 6G lab will function as a platform for collaboration among industry stakeholders and facilitate the testing of innovative solutions while establishing their potential for commercialisation.

The lab includes a setup to research 'Network as a Sensor' technology that enables the network to sense objects, people and movement without the need for onboard sensors.

In the 6G era, 'Network as a Sensor' has been identified as a key enabling technology that supports the vision of bringing the digital and physical worlds together, Nokia said in a statement.

Sensing will be fully integrated into the wireless network and operate simultaneously with communication services.

"Nokia's experts at its Bengaluru centre will support India's ambition to make notable contributions towards global 6G technology standards. Further, it is in the process of building research collaborations with premier research institutes in India like IISc and IITs to further scale up the 6G research initiative in India," the statement said.

Last month, India's vision to have ubiquitous coverage under 6G technology was accepted by UN body ITU's Study Group in its meeting held in Geneva -- a move that is expected to reduce the cost of deployment of the next-generation technology.

The International Telecommunication Union (ITU) decides on the development of international mobile telecommunication standards after coordination with its member countries, technology companies and other stakeholders.

India has already secured more than 200 patents on 6G technology through Industry and academic collaboration with the support of the Department of Telecom.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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