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Stock markets decline in early trade on renewed US-Iran tensions, spike in crude oil prices

A screen displays an image of U.S. President Donald Trump at the Bombay Stock Exchange (BSE) in Mumbai, India. (Photo: Reuters

Mumbai, Jul 8 (PTI) Benchmark indices Sensex and Nifty tumbled in early trade on Wednesday amid renewed US-Iran tensions and a fresh spike in crude oil prices. The 30-share BSE Sensex tanked 537.83 points to 77,642.89 in early trade. The 50-share NSE Nifty was down 163.55 points to 24,235.15. From the Sensex pack, Asian Paints, InterGlobe Aviation, Reliance Industries, ITC, Bajaj Finance and Mahindra & Mahindra were among the major laggards. Sun Pharma, HCL Tech, Tech Mahindra, Power Grid and ICICI Bank were the gainers. Brent crude, the global oil benchmark, quoted 2.55 per cent higher at USD 76.05 per

Rupee declines 20 paise to 95.16 against US dollar in early trade

Mumbai, Jul 8 (PTI) The rupee slipped 20 paise to 95.16 against the greenback in early trade on Wednesday as the US launched fresh strikes on Iran after Tehran struck three ships in the Strait of Hormuz, pushing up crude oil prices and strengthening the dollar. A weaker opening in the domestic equity markets further pressured the local unit, according to forex traders. At the interbank foreign exchange market, the rupee opened at 95.15 against the US dollar before slipping further to 95.16, down 20 paise from its previous close. On Tuesday, the rupee appreciated 47 paise to close at

Is porn actually addictive? The science isn’t straightforward

July 8, 2026 (Conversation) Porn is a topic we tend to avoid talking about – whether it be at school, work or around the dinner table. But in Australia, roughly three-quarters of men (76%) and more than one-third of women (41%) report to have looked at pornographic material in the past year. And among Australians aged 15-20, more than half (54%) of young men and nearly one-fifth (14%) of young women report accessing porn weekly. You may have heard the term “porn addiction” used to describe the excessive consumption of porn, in ways that disrupt a person’s life or the

Female graduates are earning less than their male peers. What might be causing the gap?

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July 8, 2026 (Conversation) A young woman graduating from university should be starting her career on a level playing field with her male colleagues. However, the latest data collected in Australia’s Graduates Outcome Survey for 2025, released last week, show this still isn’t the case. The survey, run by the Australian National University’s Social Research Centre, looks at the job outcomes and starting salaries of fresh graduates four to six months after finishing their studies. Results showed newly minted female undergraduates are starting their professional careers on a median full-time annual salary of $75,300, compared with their male colleagues on

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