Indian equity benchmark indices Sensex and Nifty surged significantly in early trade, mirroring a global market rally and a drop in crude oil prices below USD 100 per barrel, driven by renewed hopes of diplomatic engagement between the US and Iran.
The Indian rupee gained 2 paise to settle at 93.33 against the US dollar, driven by positive sentiment in domestic equity markets and renewed hopes for US-Iran talks, despite rising WPI and CPI inflation.
Indian benchmark stock indices, Sensex and Nifty, surged over 1 per cent, driven by optimism surrounding potential US-Iran peace talks and a significant drop in crude oil prices below the USD 100 per barrel mark. This de-escalation in geopolitical concerns and easing inflation pressures provided a substantial boost to investor sentiment.
Indian benchmark stock indices, Sensex and Nifty, closed nearly 1 per cent lower following the collapse of US-Iran negotiations, which heightened concerns of a prolonged conflict in West Asia and drove crude oil prices sharply higher.
West Bengal is on edge as it awaits the results of its recent election, with the TMC and BJP vying for control. The counting process will be conducted under tight security, with the Election Commission implementing stringent measures to ensure a fair and transparent process.
The Indian rupee depreciated by 52 paise to settle at 93.35 against the US dollar, driven by failed US-Iran peace talks, surging crude oil prices due to a potential US blockade of Iranian ports, and a global flight to the greenback. This geopolitical uncertainty is also leading to foreign capital withdrawal from domestic equities.
Delhi Police have arrested two suspects wanted in connection with the murder of a businessman in Bawana, following a shootout in Rohini. The suspects, Mohammad Irfan and Aishwarya Pandey, were apprehended after exchanging fire with police, resulting in injuries to both suspects and damage to a police officer's bulletproof vest.
A three-day-old boy was allegedly abducted from a Delhi hospital, prompting a police investigation and search operation.
NCP (SP) chief Sharad Pawar was admitted to a private hospital in Pune after experiencing cough and breathing difficulties. Doctors are evaluating his condition.
He said discussions were held on this issue later but no effort was made to remove them from the preamble.
Uttar Pradesh Chief Minister Yogi Adityanath on Sunday condemned the violence in West Bengal's Murshidabad district following the passage of the Waqf (Amendment) Bill, accusing the opposition of instigating the violence. He also criticized the opposition for their alleged silence over the persecution of Hindus in Bangladesh and emphasized the BJP's commitment to protecting Hindus.
It is not a part of the current public health emergency reported by WHO which is regarding clade 1 of mpox, it underlined.
Stock markets will be driven by further developments on the US-China tariff war front along with quarterly earnings announcements from IT majors Wipro and Infosys in a holiday-shortened week, analysts said. Global market trends and trading activity of foreign investors would also dictate market movement this week, experts noted.
Union Agriculture Minister Shivraj Singh Chouhan on Friday said 'there is no need for socialism in India', adding 'secularism is not the core of our culture'.
Announcing it on X, the former Uttar Pradesh chief minister said she has taken the decision in the interest of the party and the movement and till the time Anand gains "full maturity".
Two students allegedly hit a Dalit student, who chanted 'Jai Bhim-Jai Bharat' after finishing his speech at the Republic Day function in a school in Narauli town of this district, police on Saturday said.
Bahujan Samaj Party chief Mayawati on Monday said she has expelled her nephew Akash Anand from the party 'in the interest' of the party.
Arvind Kejriwal's wife Sunita congratulated the Aam Aadmi Party and wished for the release of other leaders lodged in Tihar jail.
Union minister Chirag Paswan has caused a flutter by stating he would choose to give up his ministerial berth instead of a compromise on his principles, in keeping with the precedent set by his late father Ram Vilas Paswan.
Samajwadi Party president Akhilesh Yadav on Monday said that an exercise is underway to form an "alternative" to the present government before 2024 and opposition leaders are working towards it.
All markets will remain closed on Monday, April 14, on account of Dr Baba Saheb Ambedkar Jayanti.
The BJP had registered a one-sided victory on all the 17 SC-reserved seats in the 2014 Lok Sabha elections. But in 2019, out of these 17 seats, it lost Nagina and Lalganj seats to the Bahujan Samaj Party.
Addressing a rally in Mhow on Monday, Gandhi said Dalits, backwards and tribals had no rights before Independence, when "only maharajas and rajas enjoyed rights".
Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday made serious allegations against the Congress and said the grand old party has in its election manifesto expressed its intention to implement the 'Sharia law' in the country and redistribute people's property.
The Congress said BJP MPs had sticks in their hands and Kharge was threatened and pushed.
Aaftab Poonawala, who is in judicial custody for allegedly killing his live-in partner, has asked Tihar jail authorities to give him novels and books, officials said on Saturday.
Every young diploma and degree holder in the country will have the right to apprenticeships in the private and government sectors, he said.
The Uttar Pradesh government, citing a scientist, has asserted that Ganga water at the ongoing Maha Kumbh in Prayagraj is as pure as "alkaline water", debunking concerns raised by the Central Pollution Control Board (CPCB) about water quality. The government claims that a scientist found no bacterial growth or decline in the water's pH level, despite millions of devotees bathing in the river. However, experts caution that the quality of the Ganga water is not static and can vary greatly depending on various factors.
The BJP had attacked him and the AAP after a video went viral showing him attending the event on October 5 where hundreds took a pledge to convert to Buddhism and not consider Hindu deities as gods.
Two students, who had shouted slogans during Prime Minister Narendra Modi's address at a convocation function in Lucknow, on Saturday said they took the step to ensure that no Dalit student faces the same fate as HyderabadUniversity's scholar Rohith Veluma.
Senior Aam Aadmi Party leader Manish Sisodia walked out of Tihar Jail after 17 months behind bars on Friday and said he got bail due to the power of the Constitution and democracy, and this same power will ensure the release of Delhi Chief Minister Arvind Kejriwal.
Industrial production and inflation data, quarterly earnings from IT majors and global trends would drive the equity markets in a holiday-shortened week, analysts said. Moreover, foreign fund trading activity, movement of the rupee and global crude oil prices would also dictate terms in the market, they added. Equity markets would remain closed on Friday for 'Dr Baba Saheb Ambedkar Jayanti'.
Politicians of all levels of government attended the April seven event, which drew a crowd estimated at 100,000.
Flimsy motives and dispensable characters ensure there's no hope for Tigmanshu Dhulia's disappointing drama, notes Sukanya Verma.
According to the Federation of Resident Doctors Association, during the indefinite strike, all outpatient departments, operation theatres, and ward duties will be shut, but emergency services will continue to operate as usual, ensuring that urgent patient care remains unaffected.
'The opposition wants the country to run on the basis of Shariat but this cannot happen'
Three doctors were allegedly assaulted by the family members of a patient at a private hospital in northwest Delhi's Pitampura after a newborn baby died during a caesarean procedure, police said on Thursday.
'The Congress is solely responsible for the situation that has arisen in Surat'
On Monday, Poonawala had come under an attack by some weapon-wielding men at the FSL when he was in a police van.
Bahujan Samaj Party chief Mayawati on Sunday declared her nephew Akash Anand as her 'uttaradhikari (heir)', a party office-bearer said.
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