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Why is SoftBank stock plunging today?

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Both Teams Seek Advancement in Group D Decider

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Matías Galarza

SAN FRANCISCO — Paraguay and Australia meet in a decisive Group D clash at the 2026 World Cup on Thursday night, with both teams battling for a place in the knockout stages.

The match at Levi’s Stadium offers Paraguay an opportunity to advance as one of the best third-placed teams while Australia aims to secure second place behind the United States. Kickoff is scheduled for 10 p.m. ET.

Paraguay opened with a heavy 4-1 defeat to the United States but recovered with a 1-0 victory over Türkiye, where Matías Galarza scored in the third minute. Australia defeated Türkiye 2-0 before falling 2-0 to the Americans.

Both teams enter with three points, but Australia’s superior goal difference means a draw or win would guarantee progression. Paraguay needs at least a point and favorable results elsewhere to advance.

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Team News and Tactics

Paraguay will be without attacking midfielder Miguel Almirón, who received a red card in the Türkiye match. His absence removes a key creative force and goal threat from their lineup.

Australia’s coach will likely maintain a disciplined defensive structure while looking for counterattacking opportunities. Their performance against Türkiye showed effectiveness in absorbing pressure and striking quickly.

The United States has already secured top spot in the group. This match determines the second automatic qualifier and influences best third-placed calculations across the tournament.

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Betting Odds and Expert Analysis

FanDuel lists Paraguay as +165 favorites on the 90-minute money line, with Australia at +340 and the draw at +120. The over/under for total goals is set at 1.5.

SportsLine expert Martin Green has analyzed the matchup and leans toward the Under 1.5 total goals. Both teams have shown defensive discipline and limited open play.

Green notes neither side has demonstrated much appetite for an open game. Australia’s setup against Türkiye and Paraguay’s ability to hold a lead while shorthanded suggest a cautious approach.

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The absence of Almirón further reduces Paraguay’s attacking threat. Limited corner kicks and wide play indicate difficulty creating dangerous opportunities.

Tactical Outlook

Paraguay’s strategy will likely focus on defensive solidity and opportunistic counterattacks. Without Almirón, they must rely on collective effort and set pieces for goals.

Australia may adopt a similar approach, prioritizing structure and looking to exploit transitions. Their speed on the break could prove decisive if Paraguay commits forward.

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Both coaches face pressure to secure positive results while managing player workloads ahead of potential knockout matches. Rotation and tactical adjustments will be closely watched.

Player Spotlight

Key performers for Paraguay include Galarza, whose early goal against Türkiye provided the foundation for victory. Defensive organization will be crucial without Almirón’s creativity.

Australia’s Nestory Irankunda and Connor Metcalfe have contributed goals in the tournament. Their ability to create and convert chances will determine offensive output.

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Goalkeepers for both sides face important tests. Clean sheets or crucial saves could prove decisive in a low-scoring affair.

Group D Context

The United States has dominated the group with strong performances. Their results have set a high standard for the remaining teams.

Türkiye’s inability to score despite numerous shots has been a notable disappointment. Their campaign ends without advancement.

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The battle for second place and best third-placed spots creates drama in the final group matches. Small margins will determine which teams progress.

Historical Perspective

Both nations have experienced varying success in World Cup competitions. Australia has established itself as a regular participant while Paraguay boasts proud South American football tradition.

This matchup represents an opportunity for either team to make history by advancing further than expected. The result could boost national pride and program development.

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The 2026 World Cup’s expanded format has provided more opportunities for competitive matches. Group D has delivered competitive balance and intriguing storylines.

Looking Ahead

The winner or best-performing team will face a challenging opponent in the round of 32. Preparation and recovery from this match will be crucial for knockout stage performance.

Both teams have shown character throughout the group stage. Their ability to perform under pressure will be tested in the tournament’s later stages.

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The match at Levi’s Stadium continues the World Cup’s showcase of American venues. The atmosphere is expected to be electric with passionate support from both sides.

As Group D concludes, focus shifts to the knockout bracket. The United States and the second-place team from this group will carry momentum into the next round.

Paraguay and Australia’s encounter promises tactical battle and potential drama. The result will significantly impact both teams’ tournament journeys and national football narratives.

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NBA Trade Rumors Heat Up as Jaylen Brown and Kawhi Leonard Emerge as Prime Candidates

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Jaylen Brown #7 of the Boston Celtics

NEW YORK — As the NBA offseason intensifies ahead of free agency, trade rumors have dominated headlines with several star players potentially on the move before the June 30 deadline.

The league has already seen significant transactions including a blockbuster deal for Giannis Antetokounmpo and other notable swaps. Teams are aggressively reshaping rosters, creating opportunities for major moves involving high-profile names.

Jaylen Brown of the Boston Celtics and Kawhi Leonard of the Los Angeles Clippers lead the list of players most likely to be traded. Their situations reflect broader strategic calculations as franchises balance contention windows, salary cap constraints and long-term planning.

Jaylen Brown Situation

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Brown’s relationship with the Celtics appears strained after he was included in trade discussions for Antetokounmpo. Boston president of basketball operations Brad Stevens has emphasized Brown’s value but stopped short of guaranteeing his place on the opening night roster.

“I’m never going to predict the future,” Stevens told reporters. This comment has fueled speculation about Brown’s future in Boston.

The Celtics need to upgrade their center rotation and add players who can generate more paint touches. Brown represents their best available asset to address these needs through a potential trade.

Potential destinations include the Houston Rockets, Atlanta Hawks, Los Angeles Clippers and Washington Wizards. Each team could offer different combinations of assets and roster fits.

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Brown’s two-way abilities and playoff experience make him attractive to contenders seeking immediate impact. His contract provides substantial value in trade negotiations.

Kawhi Leonard’s Status

Leonard’s situation with the Clippers remains fluid as he becomes extension-eligible on July 6. If Los Angeles cannot reach an agreement with the 34-year-old, trade discussions could accelerate.

Multiple teams are monitoring Leonard’s availability. His relatively healthy season and continued production have maintained his value despite injury history concerns.

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Potential landing spots include the San Antonio Spurs, Golden State Warriors, Houston Rockets, Detroit Pistons and Toronto Raptors. Leonard has reportedly indicated openness to extensions with the Spurs or Raptors if traded.

Leonard’s championship pedigree and two-way play could transform a contender’s playoff prospects. His fit with various rosters would require careful evaluation of defensive schemes and offensive spacing.

Other Notable Names

Trey Murphy III of the New Orleans Pelicans has signaled interest in playing elsewhere. The shooting guard’s talent and reasonable contract make him appealing to multiple teams.

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Ja Morant of the Memphis Grizzlies appears likely to be moved as the franchise rebuilds. His contract and injury history have depressed his trade value, but point guard-needy teams may still pursue him.

Kyrie Irving of the Dallas Mavericks could be available as the franchise prioritizes younger talent around Cooper Flagg. Irving’s experience and scoring ability would interest several teams.

The Cleveland Cavaliers may consider trading Jarrett Allen or Evan Mobley to address roster imbalances. Either big man could fetch significant returns in the right deal.

De’Aaron Fox of the San Antonio Spurs faces questions about his fit alongside Dylan Harper. His expensive contract extension could become burdensome if the Spurs pivot toward younger talent.

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League-Wide Trends

The current offseason has been particularly active with teams seeking competitive advantages through trades rather than waiting for free agency. Salary cap management and luxury tax considerations heavily influence decision-making.

Star player movement continues reshaping the league’s competitive balance. Teams with young talent and cap space are positioned to acquire veterans seeking new opportunities.

The collective bargaining agreement’s rules around extensions and trades create complex strategic calculations. Front offices must balance immediate contention with long-term flexibility.

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Player empowerment and contract opt-outs add layers of complexity to roster planning. Stars like Brown and Leonard have significant leverage in determining their futures.

Impact on Contention

Potential trades involving Brown or Leonard could dramatically alter playoff pictures in both conferences. The Eastern Conference appears particularly fluid with several teams pursuing upgrades.

Western Conference dynamics may shift if Leonard finds a new home with a contender. His presence could elevate teams lacking proven playoff performers.

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Younger players like Murphy represent cost-effective ways for teams to add talent without sacrificing future flexibility. Their movement could accelerate rebuilds or contention windows.

The Grizzlies’ situation with Morant highlights challenges in managing high-upside but troubled talents. Resolution of his future will influence Memphis’ direction for years.

Strategic Considerations

Teams evaluating these players must assess fit, contract implications and long-term roster construction. Chemistry, coaching schemes and supporting casts significantly influence success after trades.

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Front offices increasingly rely on analytics and advanced scouting to project player contributions in new environments. Cultural fit and leadership qualities also factor into decisions.

The compressed offseason timeline creates urgency for teams seeking improvements. Quick decisions can provide competitive edges but also carry risks of miscalculation.

Fan reactions and media coverage add pressure to high-profile moves. Organizations must balance basketball considerations with broader stakeholder interests.

Looking Ahead

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As free agency approaches, additional trade activity appears likely. Teams with cap space and assets will pursue opportunities to improve rosters before the new season begins.

The outcomes of these potential deals could reshape playoff hierarchies and championship odds. Strategic moves in the coming days may define multiple franchises’ trajectories.

The NBA’s player movement landscape continues evolving with each offseason. Teams demonstrating agility in roster construction often gain advantages in the highly competitive league.

Brown and Leonard represent significant potential dominoes in the current trade market. Their situations will be watched closely as negotiations intensify.

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The league’s offseason activity underscores the dynamic nature of roster building in modern basketball. Strategic vision and execution will separate successful organizations from others.

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‘Sniff test’ being used to monitor town blighted by ‘rotten stink’

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Business Live

Thousands of people have complained about the sulphur-like odour in Calne

Environment Agency officers are monitoring a landfill site in Calne

Environment Agency officers are monitoring a landfill site in Calne(Image: Environment Agency)

A persistent “rotting egg” odour in a Wiltshire town is being monitored using “sniff testing”, the Environment Agency has said. Calne has been plagued by a “stink” from gas escaping from the Hills Waste landfill site at Lower Compton for a year, with local residents reporting breathing difficulties and headaches.

Complaints about the smell have soared in the last week, according to the Environment Agency (EA), which said more than 100 reports were made last weekend.

Last year, the EA confirmed the Lower Compton site was likely to be responsible for the smell and served Hills with an enforcement notice ordering a programme of landfill capping to reduce smells escaping from the site.

It is understood Hills is co-operating fully with the EA and is currently working to change how waste at the site is covered up.

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“We recognise the ongoing impact that odour is having on residents, and we are continuing to prioritise work to address these concerns as quickly as possible,” a statement from the EA said.

“We have been out on site again to ensure Hills are delivering the actions that we have required of them to bring the site back into compliance with its environmental permit. This includes the accelerated permanent capping works.”

The main way the EA is assessing whether Hills is complying is through “sniff testing”, using officers to detect and assess odours with their nose.

“This is required by permit conditions and remains the most effective method, as the human nose can detect the full range of gases responsible for odour at very low levels,” the EA said.

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“It is important to be clear that this type of monitoring is for regulatory compliance purposes and not to directly assess health impacts.”

The EA is also understood to be using a mobile monitoring facility to measure air quality, including to detect methane, hydrogen sulphide – a toxic gas – and particulates.

It is also providing its data to the UK Health Security Agency (UKHSA), which is carrying out its own independent analysis.

Hills Waste, Lower Compton Calne

Hills Waste, Lower Compton Calne(Image: Google Maps)

“We understand that residents have concerns about potential health effects, and we take these concerns seriously,” the EA added.

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“We use sniff testing to assess odour impact and compliance with permit conditions, and we use monitoring data to support this and to inform UKHSA’s independent health assessment.

“Our aim is to ensure that odour is reduced to a level where it is no longer causing unacceptable impact beyond the site boundary.”

A spokesperson for Hills said: “Soil-capping works are ahead of schedule and in line with our landfill action plan as agreed with the Environment Agency.”

‘Health risk likely to be low’

UKHSA is the independent public health body responsible for assessing any potential impacts on human health. They review the monitoring data and determine whether there is any risk to the community.

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In May, the UKHSA told Business Live that with the levels of hydrogen sulphide currently detected around the site, the health risk was “likely to be low”.

Lucy McCann, consultant in health protection at UKHSA South West, said: “ Everyone reacts to odours differently, and some people are more sensitive to environmental odours than others.

“Landfill gas contains hydrogen sulphide, which even in very small quantities produces a strong smell similar to rotten eggs. This gas can seep into the surrounding air and could be noticeable to nearby residents.

“Whether an odour poses a health risk depends on the concentration of a substance in the air, how frequently a person is exposed to it, and how long that exposure lasts.

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“Certain groups may be more sensitive to the effects of environmental odours, including people with respiratory conditions such as asthma or COPD, pregnant women, children and older adults.”

Ms McCann said that odour and health impacts were assessed in different ways.

“The human nose is very sensitive to smell and can detect gases such as this even in very small amounts, well below what would be directly harmful to health.

Some people may experience physical symptoms such as nausea, headaches, or dizziness as a reaction to strong odours, and as concentration levels increase, more people are likely to experience symptoms.”

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Business Live understands that Wiltshire Council Environmental Health team is also monitoring the odour for “statutory nuisance and public health”.

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Aerison Group entities in administration, again

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Aerison Group entities in administration, again

Several Aerison Group entities have been placed in administration, about three years after the current owners acquired the Perth contractor.

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Imunon, Inc. (IMNN) Presents at Life Sciences Virtual Investor Forum – Slideshow

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Imunon, Inc. (IMNN) Presents at Life Sciences Virtual Investor Forum – Slideshow

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Why is Samsung Electronics stock plunging today?

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Why is Samsung Electronics stock plunging today?

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Mark Creasy-backed CZR, Zuleika to merge

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Mark Creasy-backed CZR, Zuleika to merge

Famed prospector Mark Creasy-backed CZR Resources and Zuleika Gold are planning to merge under an all-scrip deal valuing the latter at $45 million.

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ETMarkets Smart Talk | As FD rates soften, AAA PSU and corporate bonds are gaining traction: BondScanner CEO

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ETMarkets Smart Talk | As FD rates soften, AAA PSU and corporate bonds are gaining traction: BondScanner CEO
As fixed deposit rates begin to soften following the RBI’s rate-cut cycle, investors are increasingly looking beyond traditional savings instruments in search of better risk-adjusted returns.

According to BondScanner Founder & CEO Nishchay Nath, high-rated PSU and corporate bonds are emerging as attractive alternatives, aided by improving retail access, regulatory reforms and greater transparency.

In this edition of ETMarkets Smart Talk, Nath discusses the growing financialization of fixed income in India, why bonds are gradually becoming a mainstream investment option, and the key factors investors should evaluate before chasing higher yields. Edited Excerpts –

Short positions in G-Secs on cards to improve liquidity
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The Reserve Bank of India has unveiled draft rules allowing participants to take short positions in government securities, aiming to boost market liquidity and price discovery. A detailed framework for trading “when-issued” securities, bonds yet to be officially released, is also introduced. These measures, with specific limits for banks, primary dealers, and others, are open for public feedback until July 17.


Q) As fixed deposit rates moderate, many investors are moving towards bonds and alternative fixed-income products. How do you see the trend taking shape?
A) The shift which is taking place is both real and gradual. After the RBI’s December cut, the repo rate has settled at 5.25%, and the large banks have followed, with most offering high retail FD rates.

Investors who have traditionally parked money in FDs, are slowly discovering that an AAA-rated PSU or a well-rated corporate bond can offer a meaningfully better yield for a comparable risk profile, with the added benefit of locking in today’s rate for a longer tenure.
What has changed structurally is access, as a few years ago this was an institutional conversation but today retail investors can compare yields, ratings and maturities and invest accordingly.
The moderation in FD rates is the trigger and the OBPP framework is what enables people to act on it.
Q) Industry data suggests retail participation on online bond platforms has grown sharply in recent years. Please share numbers. How has your platform grown?

A) According to NITI Aayog, India’s corporate bond market has the potential to exceed ₹ 100-120 trillion by 2030, through deeper structural reforms and institutional capacity building.

The regulatory groundwork has been deliberate, with SEBI cutting the minimum face value from ₹10 lakh to ₹1 lakh in 2022, then bringing down the effective ticket size down to ₹10,000, and formalizing the OBPP framework so retail investors can transact through a regulated, exchange-settled channel.

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At BondScanner, we have seen consistent growth, with investor participation at 80x.

Q) Do you believe India is witnessing the “financialization of fixed income” similar to what happened in equities over the past decade?

A) Drawing that parallel would be accurate but we are still at the very start of the curve. The equity financialization of the last decade has had three major elements: low-friction digital access, a regulatory push, and a behavioural shift where ordinary investors started treating market instruments as everyday savings tools, and SIPs did that for mutual funds.

Fixed income currently has the first two: access is being solved through OBPPs, and SEBI has been steadily lowering barriers and tightening investor protection.

What’s still maturing is investor behaviour – the habit of routinely allocating to bonds the way it is still done to equity SIPs.

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The next few years are going to be about turning bonds from a product which people discover into one that they default to for the stable part of their portfolio.

Q) A common market observation is that the highest yields often signal the highest risks. How should retail investors differentiate between attractive yields and red flags?

A) This is the single most important thing a new bond investor needs to internalize: yield is the market pricing risk, not generosity. If a bond is offering several points more than a comparable-tenure FD, the right reaction isn’t excitement – it’s the question why.

Retail investors must be aware of four critical factors: First, the credit rating, and the rating rationale, as a downgrade trend tells investors more than the letter grade itself.

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Second, whether the bond is secured or unsecured as secured bonds give investors a claim on the issuer’s assets if things go wrong.

Third, the issuer’s cash flows, where a healthy business can comfortably service the coupon, while a stretched one is often borrowing just to stay afloat.

Fourth, liquidity – so that investors have the option to exit before maturity if they need to. A red flag is when an attractive yield collapses, once tested against the second check.

Our job as a platform is to surface rating, yield, maturity, liquidity – transparently, before investors buy, not after.

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(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)

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Is your SIP giving FIIs an easy exit? AMFI CEO says mutual funds will actually lure them back

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Is your SIP giving FIIs an easy exit? AMFI CEO says mutual funds will actually lure them back
Foreign investors have pulled over $60 billion out of Indian equities since October 2024, making it tougher for domestic bulls to make money. Mutual funds, led by SIPs, have absorbed much of the shock, with monthly inflows holding firm close to ₹31,000 crore. Now a pointed debate has broken out: are India’s 6.3 crore retail SIP investors effectively bankrolling FII exits, handing foreign funds a clean escape hatch with domestic money?

When FIIs sell and domestic funds buy, the net effect is a transfer of equity ownership with domestic investors indirectly absorbing institutional exits. Some market participants have framed this as retail investors being left holding the bag while sophisticated foreign money rotates out to hunt for new winners in America, Taiwan and Korea.

In an exclusive interview with ET Markets, Venkat N. Chalasani, CEO of the Association of Mutual Funds in India (AMFI), says that framing gets it exactly backwards.

“Some people say we are providing an easy exit for FIIs but that’s not the case,” Chalasani said. “This proves the maturity of the market, and it will be one of the biggest positive factors attracting FIIs back in a big way. They will be comfortable entering because they know this is a robust market that will also give them the ability to exit when needed.”

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Also Read | Is your mutual fund SIP secretly crushing the Indian rupee? Jefferies explains the bitter side of the story


Chalasani, who spent years in SBI’s treasury, recalls that the Indian market was earlier hostage to FII sentiment precisely because it lacked domestic depth and liquidity. “If you go back 10–20 years, markets were extremely volatile because of external factors like geopolitical tensions, inflationary pressures and interest rate movements elsewhere. FIIs would come in and markets would appreciate; FIIs would exit and markets would collapse. I would check every day what FIIs were going to do — they were the big game changers, precisely because domestic liquidity was insufficient.”
That dynamic has now shifted. Domestic mutual funds, he argues, have replaced volatility with resilience and liquidity and that’s what will ultimately draw FIIs back, not drive them away.“A developed market is the one with liquidity and where large volumes can be handled without a big shake-up in the market. And that’s what domestic institutional investors are providing today, and we should appreciate that,” he explained.

Back in 2024, when the bull market was at its peak, the mutual fund industry was at the receiving end of another criticism that Indian households were shifting their savings away from low-cost bank deposits to higher-yielding mutual funds.

“At that time, we went on record to say that liquidity remains within the banking system regardless. When you and I invest in mutual funds, the money doesn’t leave the banking system — only the form changes. What was a savings bank deposit or fixed deposit now comes back to the bank as a current account balance or as a certificate of deposit. The liquidity always stays in the system,” the AMFI CEO said.

Also Read | Should you stop your SIP because the market is not doing well? History suggests otherwise

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Mutual fund industry’s growth arithmetic
India’s mutual fund AUM-to-GDP ratio currently sits at 20–21%, against a global average of 65% and over 100% in some developed economies. AMFI’s targets reflect how much white space remains: 10 crore investors by 2030, up from 6.3 crore today, and AUM of ₹150 lakh crore — roughly 50% of projected GDP.

The growth is increasingly coming from beyond the country’s major urban centres. More than 55% of SIP accounts are now from B-30 cities — those outside India’s top 30 — and around 40% of monthly SIP contributions originate there. SEBI’s incentivisation scheme has played a role, offering distributors a 1% commission, capped at ₹2,000, for bringing in new investors from B-30 cities. AMCs have also lowered the floor, with some SIPs available for as little as ₹100 a month, and daily SIP options now available for India’s large base of daily-wage earners.

A SEBI survey recently found that 53% of Indian households are aware of mutual funds but only 6% have invested. That gap, more than any other number, captures both the industry’s challenge and its runway.

For the retail investor watching a negative portfolio balance for the first time, Chalasani’s message is to think of it as a small cost you are incurring for a long-term benefit you will accrue. “When you reframe a temporary fall as a cost rather than a loss, your attitude changes.”

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“It is not the timing of the market that matters,” Chalasani said. “It is the time you spend staying in the market.”

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Apple suppliers slide across Asia after price hikes rattle tech sentiment

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