The US is ready to make a real deal with Iran over its nuclear programme, days after he warned Tehran of historic consequences for threatening America.
Trump in May had pulled the US out of the 2015 Iran nuclear agreement struck by the Obama administration by calling it the "the worst" deal ever negotiated.
Addressing the national convention of the Veterans of Foreign Wars, Trump said that his administration stands ready for Iran to come back to the negotiating table.
US-EU Agree to Defuse Trade Dispute
US President Donald Trump and European Commission chief Jean-Claude Juncker agreed on a plan to defuse the festering trade dispute between the two major economies.
The pair said that they would work to resolve the existing duties on steel and aluminium imposed by Washington, which had angered key allies including the European Union.
Venezuela to Remove Zeroes from Currency
Venezuela will remove five zeroes from the Bolivar currency rather than the three zeroes originally planned in an effort to keep up with inflation projected to reach 1 million percent this year.
The OPEC nation's economy has been steadily collapsing since the 2014 crash of oil prices left it unable to maintain its socialist economic system that for years provided lavish subsidies while enforcing strict price controls.
The longest total lunar eclipse of the 21st century will be visible across India, providing hobbyists and professional stargazers with a rare opportunity to watch the moon being blanketed by the Earth's shadow for over 6 hours with the 'total phase' lasting for 1 hour and 43 minutes.
The longest possible period of totality for a lunar eclipse is an hour and 47 minutes. The planet witnessed the longest eclipse of the previous century on July 16, 2000, lasting for 1 hour, 46 minutes and 24 seconds.
The state government is all set to amalgamate its regional rural banks (RRBs) as well as its district central cooperative banks. A formal decision to merge Punjab Gramin Bank, Malwa Gramin Bank and Sutlej Gramin Bank has been taken.
As per reports, the three banks would be merged into one entity as part of the Centre's roll out of the third phase of amalgamation of RRBs, which has laid a roadmap to bring down their number across the country from 56 to 38. "The move will enable RRBs cut overheads, improve their capital and use technology, besides helping them draw better scale-efficiency, higher productivity, improved financial inclusion and greater credit flow to rural areas.
Fugitive Offenders Bill
Parliament passed the Fugitive Economic Offenders Bill 2018, which seeks to deter big ticket economic offenders from evading the process of law by fleeing the country.
The Bill was passed by the Rajya Sabha with a voice vote. The Lok Sabha had cleared the measure earlier.
The Bill sought to confiscate properties of the absconding economic offender and the threshold for this law to kick in had been fixed at Rs. 100 crore .
The objective of the Bill is to re-establish the rule of law with respect to the fugitive economic offenders as they would be forced to return to India to face trial for scheduled offences.
Mahindra Credit Risk Yojana
Mahindra Mutual Fund, a wholly-owned subsidiary of Mahindra and Mahindra Financial Services Ltd, launched an open-ended debt scheme to attract long-term investors. The scheme 'Mahindra Credit Risk Yojana' will be predominantly investing in corporate bonds. The new fund offer will open on July 27 and close on August 10.
'Mahindra Credit Risk Yojana' provides investors an opportunity to participate in India's growth story by investing in well diversified debt portfolio of fundamentally strong, high liquid and well-known companies.
Researchers have found evidence of an existing body of liquid water on Mars.
What they believe to be a lake sits under the planet's south polar ice cap, and is about 20 km (12 miles) across.
Previous research found possible signs of intermittent liquid water flowing on the martian surface, but this is the first sign of a persistent body of water on the planet in the present day.
The Supreme Court has approved a scheme that provides for uniform compensation to women survivors of sexual assault and acid attacks and asked the Centre and states to implement it in letter and spirit.
Under the scheme prepared by the National Legal Services Authority's (NALSA), survivors of gang-rape would get a minimum compensation of Rs. 5 lakh and a maximum of Rs. 10 lakh. Victims of rape and unnatural sexual assault would get a minimum of Rs. 4 lakh and the maximum of Rs. 7 lakh as compensation.
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