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Tag: points

Alvarez takes stunning points victory over Golovkin to win world middleweight titles

Alvarez takes stunning points victory over Golovkin to win world middleweight titles

Sports
Saul 'Canelo' Alvarez claimed the WBC and WBA world middleweight titles by inflicting a first career defeat on Gennady Golovkin with a gripping points win in their Las Vegas rematch.The Mexican claimed a frenetic final round on two of the three scorecards which was critical in preventing a repeat of the draw both men shared 364 days earlier at the same T-Mobile Arena venue.It gave him a narrow a 114-114 115-113 115-113 majority decision to edge a contest in which both men were cut and where each showed why they are among the finest practitioners in the sport. Golovkin, whose first defeat comes in his 40th bout, left the ring immediately without conducting an interview as his rival - fighting ...
HDFC hikes interest rates on home loans 20 basis points

HDFC hikes interest rates on home loans 20 basis points

Finance
MUMBAI: Mortgage lender HDFC on Thursday hiked interest rates on home loans by 20 basis points, a day after RBI raised the benchmark repo rate by 25 bps to 6.5%. As per the new rates, women borrowers can avail a home loan of upto Rs 30 lakh at 8.7% while other customers will be charged a rate of 8.75%. New rates are effective from 1st August. For loans above Rs 30 lakhs women borrowers will be charged at 8.80% while other borrowers will be charged a rate of 8.85%. On Wednesday, at least three banks - Union Bank of India, Kotak Mahindra Bank and Karnataka bank – increased their marginal cost of lending rates (MCLR) by 5-10 basis points. The largest mortgage loan providers such as State Bank of India (SBI), ICICI Bank and Punjab National Bank have kept their MCLR rates unchanged. On J...
Electric cars: Charge points could be requirement in new build homes

Electric cars: Charge points could be requirement in new build homes

Science
New homes in suburban England would need to be fitted with electric car charging points under a government proposal to cut emissions.Ministers also want new street lights to come with charge points wherever there's on-street parking.Details of a sales ban on new conventional petrol and diesel cars by 2040 are also expected to be set out.The strategy comes at a time when the government is facing criticism for failing to reduce carbon emissions.The government's target is to reduce the UK's greenhouse gas emissions by at least 80% of 1990 levels by 2050. The proposals, announced by Transport Secretary Chris Grayling, aim to make it easier to recharge an electric car rather than refuel petrol or diesel vehicles.They include: The need to assess if new homes a...
Finger bone points to early human exodus

Finger bone points to early human exodus

Science
New research suggests that modern humans were living in Saudi Arabia about 85,000 years ago.A recently discovered finger bone believed to be Homo sapiens was dated using radio isotope techniques. This adds to mounting evidence from Israel, China and Australia, of a widespread dispersal beyond Africa as early as 180,000 years ago.Previously, it was theorised that Homo sapiens did not live continuously outside Africa until 60,000 years ago.The study is published in Nature Ecology and Evolution.Previous digs in the Arabian interior have uncovered tools which could have been used by early Homo sapiens. But skeletal evidence of their presence has been lacking.A trace of evidenceResearchers working at the Al Wusta site in Saudi Arabia came across a single intermediate phalanx (the middle of the ...
How rough of a week did Wall Street have? The Dow saw 22,000 points worth of whipsaw trading

How rough of a week did Wall Street have? The Dow saw 22,000 points worth of whipsaw trading

Finance
With another volatile plunge Friday, the Dow Jones industrial average has traveled more than 22,000 points this week. The stock index closed more than 1 percent higher, bringing its weekly losses to the worst since January 2016. Earlier in the session, the Dow was tracking for its worst week since October 2008, during the financial crisis. CNBC tracked the volatile moves of the Dow this week to calculate the number of points the index has moved. In the past five trading days, including Friday, the Dow has traded about 20,000 points back and forth in a roughly 2,000-point trading range. Stocks have plunged in the last week as traders worried about rising interest rates and inflation, bringing an end to more than a year of historically low volatility. On Monday, the S&P 500 broke its lon...