The Reserve Bank of India's (RBI's) $10 billion US dollar-rupee buy-sell swap auction for three years received bids worth $16.23 billion on Friday, reflecting robust demand amid persistent liquidity deficit in the banking system. This was the second swap auction by the central bank after it infused $5 billion via six month-swap on January 31.
From the 30-share blue-chip pack, Mahindra & Mahindra, Zomato, Tata Motors, IndusInd Bank, Reliance Industries, Larsen & Toubro, UltraTech Cement, HDFC Bank, Adani Ports and Bajaj Finserv were among the major laggards. On the other hand, Hindustan Unilever, Tech Mahindra, Nestle, Bharti Airtel and ICICI Bank were among the gainers.
The border forces of India and Bangladesh will hold their bi-annual talks next week in New Delhi, with issues such as border fence construction and attacks on BSF personnel and civilians by Bangladeshi miscreants figuring among the discussion points. The 55th Director General-Level Border Coordination Conference between BSF and the Border Guard Bangladesh (BGB) will be organised at the Border Security Force (BSF) headquarters in New Delhi between February 17-20. The conference will be the first top-level meeting between the two sides after the fall of the Sheikh Hasina government in August last year. Discussions will be held on prevention of attacks on BSF personnel and Indian civilians by Bangladesh-based miscreants/nationals, how to prevent trans-border crimes, construction of a single-row fence, action against Indian Insurgent Groups in Bangladesh, issues related to border infrastructure, joint efforts for effective implementation of the Coordinated Border Management Plan, Confidence Building Measures and other issues.
Mumbai police had arrested Gurmail Baljit Singh (23), a resident of Haryana and Dharmaraj Rajesh Kashyap (19), from Uttar Pradesh, whereas there one aide, who was at the spot during the firing, fled from the spot.
Slain Reuters photojournalist Danish Siddiqui's parents will initiate legal action for an investigation into his killing and to bring to book those responsible, including high-level commanders and leaders of the Taliban.
Bihar MP Pappu Yadav said he could 'finish off within 24 hours' the network of Lawrence Bishnoi who is suspected to be behind the assassination of former Maharashtra minister Baba Siddiqui.
Aafia Siddiqui, also known as 'Lady Al Qaeda', is a Pakistani national who was convicted in 2010 by a New York City federal court of attempting to kill US military personnel. She is currently serving an 86-year sentence at the Federal Medical Center, Carswell, in Fort Worth, Texas.
The firing took place outside his MLA son Zeeshan Siddiqui's office.
India is among the three least-favoured Asian stock markets, according to BofA Securities whose survey found that 10 per cent of fund managers are underweight on Indian equities from a 12-month perspective.
During the day, it tanked 634.38 points or 0.78 per cent to 80,050.07. The NSE Nifty declined 137.15 points or 0.56 per cent to 24,198.85. "The near-term market construct has turned weak, with FIIs turning sellers on rallies.
Two senior faculty members of Aligarh Muslim University (AMU) exchanged blows in an official meeting, leading to a possible departmental action. A video of the incident, which occurred on Sunday, has since surfaced on social media. The reason for the fight is still unknown, but AMU sources say it stemmed from a long-standing misunderstanding between the two professors.
Rashtriya Janata Dal president Lalu Prasad Yadav on Wednesday dropped hints that the Mahagathbandhan helmed by his party might bring on board former Union minister Pashupati Kumar Paras, whom the National Democratic Alliance has sidelined in favour of estranged nephew Chirag Paswan.
FMCG major Hindustan Unilever Ltd on Wednesday reported a 19.18 per cent rise in consolidated net profit at Rs 2,989 crore in the December quarter.
'We are getting to understand the mind of this generation.' 'Minor tweaks are being made to ease the process as we go along.'
Siddiqui, who won a Pulitzer Prize in 2018, worked for Reuters news agency and was killed on Friday in the town of Spin Boldak, near the border with Pakistan. He was embedded with Afghanistan special forces at the time of his death.
Siddiqui's body was taken to the graveyard where it was buried around 10.15 pm. There was a sea of mourners at the burial site to pay their respects.
From the 30-share Sensex pack, Mahindra & Mahindra, Infosys, HCL Technologies, Adani Ports, Bajaj Finance, Tech Mahindra, Titan, Tata Consultancy Services, Reliance Industries and Power Grid were among the laggards. On the other hand, State Bank of India was the only gainer.
'The steel industry expects the government to decide on safeguard measures from dumping post-Budget'
The police also mentioned that the accused had done recce of Baba Siddiqui's house and office premises and were in Mumbai for one and a half to two months and were keeping an eye on him.
Danish Siddiqui, in his early 40s, was killed during clashes in Spin Boldak district in Kandahar, Tolo News quoted sources as saying.
Does Reuters want to cover news at 'all costs' -- even at the cost of human lives? asks Sudhir Bisht.
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.
RBI Deputy Governor Swaminathan J has asked banks to follow KYC guidelines with both "precision and empathy", failing which regulatory actions will be taken against them by the central bank. Addressing a Conference of Directors of Private Sector Banks here on Monday, the Deputy Governor also expressed concern that in many cases, customer grievance mechanisms, including the Internal Ombudsman structure, are treated more as a formality than as a robust, effective resource.
Several leading scientists, academicians, and agriculturalists have called for raising government support for research and development to make Indian agriculture future-ready.
Brave, empathetic to the pain in the world, yet professional about his and his family's safety -- this is how Danish Siddiqui's father remembered him, the day he won his second Pulitzer prize.
The accused has been identified as Bhagwat Singh Om Singh (32), originally from Udaipur in Rajasthan who is currently staying in Navi Mumbai.
The award-winning journalist was killed in July last while covering clashes between Afghan troops and the Taliban in Spin Boldak district of Kandahar city.
How did the thug access Saif Ali Khan's home?
A sharp fall in the equity market made investors poorer by Rs 5.29 lakh crore on Tuesday when the BSE benchmark Sensex tumbled over 800 points. A host of negative triggers -- muted quarterly earnings, continuous foreign fund outflows and weak trends in Asian and European markets -- dragged the benchmark indices lower. The BSE benchmark gauge tumbled 820.97 points or 1.03 per cent to settle at 78,675.18.
Leading stock exchange the BSE on Thursday announced the discontinuation of weekly index derivatives contracts on Sensex 50 and Bankex, following a new directive from markets regulator Sebi. In its circular, BSE said weekly index derivatives contracts on the Sensex 50 will be discontinued from November 14 after the expiry of existing contracts. No new weekly contracts will be generated.
The Reserve Bank on Friday raised the inflation projection for current fiscal year to 4.8 per cent from 4.5 per cent with Governor Shaktikanta Das saying lingering food price pressures are likely to keep headline inflation elevated in the December quarter. Consumer price index (CPI)-based inflation increased sharply in September and October 2024 led by an unanticipated increase in food prices.
Shubham Lonkar, the mastermind and wanted accused in Nationalist Congress Party leader Baba Siddique's murder had allegedly planned the murder of Aftab Poonawala, the accused arrested in the gruesome Shraddha Walker murder case, sources said.
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.
From the 30 Sensex pack, IndusInd Bank plunged over 18.50 per cent after the firm reported a 40 per cent decline in September quarter net profit at Rs 1,331 crore, pulled down by concerns over its asset quality. Mahindra & Mahindra, Larsen & Toubro, NTPC, Adani Ports, Tata Steel, Maruti, Bajaj Finance and Titan were also among the laggards.
Tanwani claimed he withdrew from the fray in 2019 due to a similar situation and helped Jaiswal win the elections.
They said a Delhi Police Special Cell team nabbed four people from South Delhi's Mahipalpur and confiscated the consignment weighing over 602 kilograms.
Veteran industrialist and Tata Sons Chairman Emeritus Ratan Tata continues to be in Mumbai's Breach Candy Hospital for age-related ailments, said people aware of the situation. Comments from the Tata group could not be immediately obtained on his health condition.
'The great singer Shardaji took Bhojpuri music and singing to the national and international level with her singing!'
From the Sensex pack, Tata Consultancy Services, Mahindra & Mahindra, ICICI Bank, Maruti Suzuki India, Power Grid, Axis Bank and Adani Ports & Special Economic Zones were among the laggards. On the other hand, HCL Technologies, Tech Mahindra, JSW Steel, Hindustan Unilever, Infosys and Titan were among the gainers.
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