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    Economic Times | 21 Aug, 2023 | 08:08AM IST

    North Korea Missiles News Live: Kim Jong Un watches cruise missile launches as US, South Korean troops begin annual drills

    North Korea Missiles News Live: Kim Jong Un watches cruise missile launches as US, South Korean troops begin annual drills

    North Korea Missiles News Live: North Korean leader Kim Jong Un has observed the test-firing of strategic cruise missiles from a navy ship, state media reported Monday, as the U.S. and South Korean militaries kicked off major annual drills that the North views as an invasion rehearsal. The North’s report on missile tests came three days after the leaders of the U.S., South Korea and Japan agreed to expand their security and economic ties at a summit in the United States. During an inspection visit of a navy flotilla on the eastern coast, Kim boarded a patrol boat to review its weapons and preparations for combat. He later watched its seamen conducting a drill of launching “strategic” cruise missiles, the official Korean Central News Agency said.
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    08:08 AM

    Anti-encroachment drive is underway in Delhi's Geeta Colony area under heavy security deployment. The slum dwellers are being shifted to shelter camps by the Delhi Urban Shelter Improvement Board (DUSIB).

    07:16 AM

    US yields to decide Indian rupee, bond direction; RBI, yuan key

    Indian government bond yields and the rupee will track U.S. Treasury yields this week, with the Reserve Bank of India's (RBI) resolve to prevent the currency from sliding further and movements in the Chinese yuan acting as crucial triggers. The rupee last week came within a whisker of its record low of 83.29 hit in October 2022. The RBI's likely intervention in both offshore and onshore trading prevented that. It ended at 83.10 on Friday. A jump in U.S. yields dragged the currency down about 0.3% in the week. Long-maturity U.S. yields have been surging on bets that resilient U.S. economic data may mean that the U.S. Federal Reserve is not done hiking rates.
    06:35 AM

    It is in our constitution that action can be taken against those who pose a threat to the integrity and sovereignty of the state/nation…It is the priority of our government to take action against those who are involved in the terror ecosystem and have obtained government jobs through illegal means.

    - Jammu and Kashmir LG Manoj Sinha

    06:17 AM

    Magnitude 5.1 earthquake strikes Southern California during tropical storm

    A magnitude 5.1 earthquake hit Southern California north of Los Angeles on Sunday, rocking much of the region as residents hunkered down for the approach of Tropical Storm Hilary. There were no immediate reports of damage or injury from the quake, which struck at 2:41 p.m. local time (2141 GMT), roughly 7 km (4.35 miles) southeast of the Southern California community of Ojai in Ventura County. It was followed by several smaller aftershocks.
    06:16 AM

    UAE leaders condole King Salman over passing of Princess Noura bint Mohammed

    President Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolence to the Custodian of the Two Holy Mosque, King Salman bin Abdulaziz Al Saud of Saudi Arabia, expressing his sincere condolences and sympathy over the passing of Princess Noura bint Mohammed bin Abdulaziz bin Saud bin Faisal Al Saud. Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, sent similar condolence messages to the Custodian of the Two Holy Mosque.
    06:16 AM

    Gogi gang member arrested after exchange of fire in Delhi

    A 27-year-old key member of the infamous Gogi gang has been arrested following an exchange of fire near Pushp Vihar in Delhi, police said on Sunday. The accused has been identified as Sandeep, a resident of Haryana's Sonipat, who is allegedly involved in more than a dozen cases, including that for an attempt to murder, robbery and extortion, as per the police. The police further said that the accused sustained a gunshot injury on his right leg during the brief exchange of fire.
    06:16 AM

    Djokovic rallies to beat Alcaraz for ATP Cincinnati Masters title

    06:15 AM

    DuPont to sell Delrin resins unit to PE firm for around $1.8 bln - Bloomberg News

    Materials and chemicals maker DuPont De Nemours Inc is in advanced talks to sell its Delrin resins unit to private equity firm The Jordan Company for about $1.8 billion, Bloomberg News reported on Sunday, citing people familiar with the matter. Jordan Company could announce the deal as soon as this week, the report said, adding that no final decision has been made and that talks could still fall apart. Lone Star and Platinum Equity were the other bidders for the assets, Bloomberg News had reported earlier in the month.
    06:15 AM

    North Korea's Kim watches cruise missile launches as US, South Korean troops begin annual drills

    North Korean leader Kim Jong Un has observed the test-firing of strategic cruise missiles from a navy ship, state media reported Monday, as the U.S. and South Korean militaries kicked off major annual drills that the North views as an invasion rehearsal. The North’s report on missile tests came three days after the leaders of the U.S., South Korea and Japan agreed to expand their security and economic ties at a summit in the United States. During an inspection visit of a navy flotilla on the eastern coast, Kim boarded a patrol boat to review its weapons and preparations for combat. He later watched its seamen conducting a drill of launching “strategic” cruise missiles, the official Korean Central News Agency said.
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