Australia names Bird of the Year

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Canberra, Oct 8 | After almost two weeks of daily voting and eliminations from a shortlist of 50 of Australia’s most iconic and beloved birds, the superb fairywren was named as the country’s Bird of the Year on Friday.

The small bird accrued a whopping 13,998 votes in its final tally, reports Xinhua news agency.

The male fairywren has a rich blue and black plumage above its throat while females are largely brown with a red-orange area around their eyes and are a familiar sight in Australia’s urban parks and gardens.

The tawny frogmouth won the second place with 13,332 votes while the Gang-gang cockatoo in third place had 12,836 votes.

Birdlife Australia said this year a total of 450,000 votes were counted over the course of the competition.

Professor of Ecology and Evolutionary Biology at the University of New South Wales Will Cornwell said the competition was a great way for everyday Australians to engage with native birdlife and also highlights their cultural significance.

“I think conservation wise, activating people’s kind of cultural affinity for birds is really powerful. It is all positive,” he told Xinhua.

He said that Australia’s unique and diverse gamut of birdlife has long been baked into the nation’s culture.

“European settlers started to develop a sense that the birds, the native birds, are actually quite special… The traditional owners (Aboriginal Australians) who’ve been here for a much longer period of time already were well aware of this.”

He said that the competition has also drawn to light the fact that while some birds are considered a pest, like the magpie, which came in ninth and is known for swooping passers-by, people still form a relationship with them.

“Obviously, the magpie has mixed effects. But it’s a bird that lots of people see on a day-to-day basis and have… almost kind of relationships with (them), and that is kind of important.”

Source: IANS

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Weekly Fundamental Market Outlook

Weekly Fundamental Market Outlook

Indian share market posted its first weekly gain in Jun by rising 2.7%.

This week, the Indian Stock Market rebounded strongly and ended with first weekly gain of 2.7% in June as a drop in commodity prices offered some relief from broadening inflationary pressures. Copper prices, which are often seen as a bellwether for economic output due to their wide range of industrial and construction uses, are heading for their worst week in a year, while oil prices have dropped over concerns of slumping demand.

While the US recessionary fears are still at the forefront, but the slide in commodity prices has lifted the mood of stock market.Cheaper oil is usually beneficial for oil-importing countries such as India.

Domestically, on sectorial basis, Auto and FMCG are the top gainers, while Metal index is the top losers. On stock basis, Hero MotoCorp, Eicher Motors, Hindustan Unilever, Maruti Suzuki and M&M were the top gainers and Tata steel, UPL, Reliance Industries, hindalco Inds and Coal India were the top losers.

In the next week, investors will keep a close eye on crude oil price movement, commodity prices, US economic activity and the geopolitical development.

 

Post Disclaimer by BhaskarLive.in

The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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