Uttar Pradesh Chief Minister Yogi Adityanath launched a scathing attack on West Bengal Chief Minister Mamata Banerjee over the violence during protests against the Waqf law, accusing her of remaining silent while "Bengal is burning." He also said that the only treatment for rioters is stick, as "Those who respond only to thrashing don't understand words."
Several areas in Muslim-majority Murshidabad, including Suti, Dhulian, Jangipur and Shamsherganj, have witnessed violent protests against the Waqf (Amendment) Act that spiralled into communal violence, sparking the exodus.
14,845 kilometres. That's the distance that separates Nellore and Texas. But it could not separate Jaclyn Forero and Chandhan Singh Rajput.
Global funds have pulled out Rs 1.54 trillion from domestic stocks in fiscal 2024 - 25 (FY25), the highest-ever outflow recorded so far, according to the data compiled by Business Standard. The last time the global funds exited Indian shores in droves was back in 2022, when they sold a net Rs 1.41 in the backdrop of Covid-19.
'We wouldn't have had to face all this had our national leaders taken care to select a place for Sindhis and sent us there, instead of sending us all over to settle in places where the locals didn't want us.' 'They could have partitioned Sindh and given us a Sindhi state from its two Hindu-majority districts.' 'Wasn't that the logic of Partition?'
618 companies were part of the billion dollar club when the markets reached all-time highs on September 26, 2024. That number has fallen to 500 following a $1 trillion wipeout in India's market capitalisation amid relentless selling by FPIs.
'Those seeking short-term benefits are joining the Shinde-led Sena and the ones looking at long-term benefits are joining the BJP.'
'Tax rate and stock markets are entirely two different things.'
Equity benchmark indices are facing massive corrections, with the NSE Nifty declining over 14 per cent from its lifetime high hit in September last year due to several negative triggers like stretched valuations, foreign fund exodus, disappointing quarterly earnings and rising global trade tensions dragging markets lower. The BSE benchmark Sensex hit its record peak of 85,978.25 on September 27 last year, and the Nifty also reached a lifetime high of 26,277.35 on the same day.
Among 30 Sensex shares, Zomato tanked over 5 per cent. Tata Steel, Bajaj Finserv, Tata Motors, Power Grid, Larsen & Toubro, Kotak Mahindra Bank, Hindustan Unilever and ITC were the biggest laggards. Bharti Airtel was the only gainer among Sensex scrips.
Kashmiri Pandit Anita Chandpuri inspects the destroyed homes of community members on the 35th anniversary of the exodus of Kashmiri Pandits from the Kashmir Valley, January 19, 2025.
The exodus of FPIs from the Indian equity markets continued unabated, as they withdrew over Rs 7,300 crore (about $840 million) in the first week of this month due to global trade tensions, with the US imposing tariffs on countries such as Canada, Mexico, and China. This came following an outflow of Rs 78,027 crore in the entire January. Before that, they invested Rs 15,446 crore in December, data with the depositories showed.
The ICC Board will now begin the process to identify Allardice's successor.
The exodus of FPIs from the Indian equity markets continues unabated, as they withdrew Rs 64,156 crore ($7.44 billion) this month so far on depreciation of the rupee, rise in the US bond yields and expectation of a tepid earning season. This came after an investment of Rs 15,446 crore in the entire December, data with the depositories showed.
A British MP has tabled a parliamentary motion in the House of Commons to commemorate the 35th anniversary of the "genocide of Kashmiri Pandit Hindus from Jammu and Kashmir in India." The motion, which calls for recognition and justice for the events of January 1990, has been met with support from other MPs. The motion condemns the attacks on the Hindu population of Kashmir Valley and calls for the Indian government to enact a bill to punish the perpetrators.
Foreign investors have withdrawn Rs 22,194 crore from Indian equities this month, driven by expectations of a weak earnings season, a steady rise in the US dollar, and concerns over tariff war during Donald Trump's presidency. This came following an investment of Rs 15,446 crore in the month of December, data with the depositories showed.
The rupee tumbled 3 per cent against the US dollar in 2024 as concerns over slower economic growth and a stronger greenback in global markets weighed, but it was among the least volatile currencies in the world and the headwinds may be less intense in the coming year.
Nobel laureate economist Abhijit Banerjee has said the current situation in Bangladesh is unlikely to trigger a fresh round of exodus of minority Hindus into India. He believes that migration is primarily driven by social networks and economic opportunities rather than persecution. Banerjee, known for his work in poverty alleviation, further emphasized that India's overt preference for Hindu migrants from Bangladesh in the past has been a significant factor in their migration, rather than attacks on the community.
Historically, Hindus made up approximately 22 per cent of Bangladesh's population during the 1971 Liberation War.
From the 30-share Sensex pack, Mahindra & Mahindra, Tata Steel, Adani Ports, JSW Steel, IndusInd Bank, Reliance Industries, HDFC Bank and Kotak Mahindra Bank were the biggest laggards. Tata Motors, NTPC, Hindustan Unilever, Asian Paints and Infosys were the gainers.
The two women -- Seema Koul and Vishalni Koul -- had moved the high court in 2018 after their provisional selection to the post of legal assistant in the department of disaster management relief, rehabilitation and re-construction under the PM package for Kashmiri migrants in December 1, 2017 forfeited on the ground that they have lost their migrant status having married non-migrant persons.
Images from Day 4 of the first Test between Australia and India in Perth on Monday.
The exodus of foreign investments from Indian equity markets continued unabated, with FPIs pulling out nearly Rs 20,000 crore in the last five trading sessions on higher valuations of domestic stocks and shifting their allocation to China. As a result, foreign portfolio investors (FPIs) have turned net sellers in the equity market, with total outflows reaching Rs 13,401 crore for 2024 so far. Going ahead, the FPI selling trend is likely to continue in the near term till data indicate the piossibility of a trend reversal.
A single security lapse could lead to complete wipe out of your crypto assets in seconds, with no recovery in sight, warns Nikhil Sethi.
History has not seen a cricketing rivalry as fierce as this this century, every ball bowled every run taken, coming with no quarter given. Ahead of India's five Test tour of Australia, Norma Astrid Godinho/Rediff.com takes a walk down memory lane, recounting India's sojourns Down Under from 1947 to 2021, in a 4-part series.
'Whatever you do will spark controversies, so it is best do what your heart tells you to do. Simple.'
From the 30 Sensex pack, Mahindra & Mahindra, State Bank of India, Power Grid, Tata Steel, IndusInd Bank, Tata Motors, Larsen & Toubro, NTPC, Bajaj Finance and Reliance were among the biggest laggards.
Maxwell has starred with bat and ball in Australia's white ball teams since coming back from his broken leg last year.
Quarterly earnings from corporates, global trends, and trading activity of foreign investors will guide market sentiment this week, analysts said, adding that benchmark indices may face volatile trends. "The upcoming release of Q2 results will be closely watched, providing insights into corporate performance. "Meanwhile, the escalating tensions between Israel and Iran introduce a significant geopolitical risk, potentially leading to increased oil prices and market volatility.
Did Jeff Bezos decide against endorsing Harris because it would hurt his business interests? Only God and Bezos know, and neither of them are talking, notes Prem Panicker.
Foreign investors turned net sellers in October, offloading shares worth Rs 27,142 crore in just the first three days of October due to intensifying conflict between Israel and Iran, a sharp rise in crude oil prices, and improved performance of Chinese markets. The outflow came after FPI investment reached a nine-month high of Rs 57,724 crore in September. Since June, Foreign Portfolio Investors (FPIs) have consistently bought equities after withdrawing Rs 34,252 crore in April-May.
'For decades, we have heard only lofty claims. We have become accustomed to empty assurances, and it seems that political leaders see us merely as voters'
In 2022 Nanaji Dembi pulled down the Hurriyat office board in Srinagar, an act of defiance that grabbed headlines. Despite such nationalistic bravado, the BJP has denied him a ticket for the assembly election.
As the polling dates for the maiden assembly polls after abrogation of Article 370 in Jammu and Kashmir draws near, several organisations of the Kashmiri Pandit community has decided to refrain from the electoral process in the Union Territory over 'persistent denial of their genocide'.
'The wave of terrorism is over in Kashmir. Local people do not support it.'
It's intriguing that the prime minister now wants his American partner to help protect the Hindu minority in Bangladesh. That's conceding to the Americans a pre-eminence India has always contested, resented and feared, asserts Shekhar Gupta.
'My mother feels it will be tough and emotional for her to enter an assembly which has essentially been reduced to a municipality now.' 'My opinion is that even if it is a municipality one cannot cede that space to the BJP.'
'Rahul Gandhi is raising the issue of a caste census though his party has been doing injustice on this front from the 1950s.'
Ramnaresh Sarwan foresees a mass exodus of the Caribbean players to mainland America where the game has got a major push with hosting of the T20 World Cup.
PBKS' Livingstone returns to England to address knee niggle ahead of T20 WC
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