Council officer tells court he scoured grocers across south-east Melbourne for ‘poisonous’ mushrooms

A council officer has told a court he searched Asian grocery stores across south-east Melbourne in an attempt to identify the source of a suspected outbreak of mushroom-related “illness”. ​A council officer has told a court he searched Asian grocery stores across south-east Melbourne in an attempt to identify the source of a suspected outbreak…

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RBI likely to go interest rate cuts

The Reserve Bank of India (RBI) is expected to go for deeper interest rate cuts as part of its policy response to slower economic growth and controlled inflation, according to a report by Morgan Stanley.The report said that the policy approach is likely to remain countercyclical, meaning the RBI would take steps to support the…

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NSW flooding live updates: Two dead, over 50,000 evacuated as rainfall continues to batter state’s Mid North Coast, Hunter regions; Sydney braces for more wet weather

Hundreds of millimetres of rain is expected to fall in north-eastern NSW as a major emergency response continues. Follow our live coverage. ​Hundreds of millimetres of rain is expected to fall in north-eastern NSW as a major emergency response continues. Follow our live coverage. National / NSW Sydney Morning Herald – Latest News

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‘ICAC would have a field day’ with NSW school building unit, inquiry hears

The investigation into former School Infrastructure NSW chief executive Anthony Manning resumed after a two-day hiatus caused by his decision to part ways with his barrister. ​The investigation into former School Infrastructure NSW chief executive Anthony Manning resumed after a two-day hiatus caused by his decision to part ways with his barrister. Politics / NSW Sydney Morning…

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Developers may face liquidity crisis on NBFC woes: Fitch

MUMBAI: Liquidity risk is increasing for Indian-based real-estate developers, as non-bank financial institutions (NBFI; including housing finance companies) are shying away from lending to the sector, said Fitch Ratings.Developers that rely on refinancing from NBFIs, particularly those with weak financial profiles, will be affected the most should conditions persist. The availability of unencumbered assets among…

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