Equity benchmark Sensex plunged by 554.05 points on Tuesday, tracking deep losses in realty, auto and metal stocks amid widespread selling pressure in global markets. The 30-share index slumped by 554.05 points or 0.90 per cent to end at 60,754.86. The broader NSE Nifty fell by 195.05 points or 1.07 per cent to 18,113.05.
A day after suffering their worst session in about two years, benchmark indices Sensex and Nifty rebounded up to 2.5 per cent on Friday, in line with higher global markets as the US and allies put up a united front to punish Russia with harsher sanctions over the Ukraine conflict. Snapping their seven-day losing streak, the BSE Sensex climbed 1,328.61 points or 2.44 per cent to settle at 55,858.52, while the NSE Nifty went soared 410.45 points or 2.53 per cent to 16,658.40. Barring HUL and Nestle, all Sensex shares closed with gains -- with Tata Steel, IndusInd Bank, Bajaj Finance, NTPC and Tech Mahindra surging as much as 6.54 per cent.
Sukanya Verma quizzes you to find out just how much you know about the movies.
Hinduja Group's business process management entity, Hinduja Global Solutions Limited (HGS) said on Wednesday that it has entered into definitive agreements to divest its Healthcare Services business to funds affiliated with Baring Private Equity Asia (BPEA), at an enterprise value of $1.2 bilion. The deal is subject to closing adjustments, and is expected to complete within 90 days, subject to shareholder and other regulatory approvals. "The cash that will come in as a result of this transaction will be deployed to growing the business as well as looking at buying some capabilities...where capabilities are important for being able to do a good job of customer experience transformation.
The Triple Talaq and RTI bills were passed by Rajya Sabha in the last 10 days after the National Democratic Alliance government got support of a few parties, including the Biju Janata Dal, All India Anna Dravida Munnetra Kazhagam and the YSR Congress, in Rajya Sabha where the BJP lacked majority.
Bajaj Finance was the top gainer in the Sensex pack, rising around 3 per cent, followed by Bharti Airtel, Sun Pharma, Reliance Industries and SBI. NSE Nifty advanced 184.60 points to 16,955.45.
Equity indices made an emphatic comeback on Friday after falling for seven straight sessions after the RBI hiked interest rates by 50 basis points on expected lines and projected inflation coming under control from January next year. A strong recovery in the rupee added to the momentum, traders said. Overcoming a wobbly start, the 30-share BSE Sensex soared 1,016.96 points or 1.80 per cent to settle at 57,426.92. During the day, it rallied 1,312.67 points or 2.32 per cent to 57,722.63.
On the Sensex chart, Titan, Maruti, SBI, L&T, HDFC and Kotak Bank emerged as prominent gainers. NSE Nifty climbed 190.60 points to settle at 18,003.30.
Talking corporate heads are a barometer of the business community's engagement with the economy. If they have nothing to say now there should be cause for concern.
Dominic Xavier asks when the Modi Sarkar will heed the plight of the protesting farmers who have been agitating for more than forty days in freezing temperatures.
Shakib Al Hassan became the second bowler to take 100 T20 wickets, after Sri Lanka's Lasith Malinga, as Bangladesh defended 112-8 by bowling Australia out for 62 in 13.4 overs, the tourists lowest Twenty20 score.
Equity benchmark Sensex surged over 1,300 points on Monday to reclaim the 60,000-level, boosted by intense buying in banking and financial stocks after the announcement of merger between HDFC and HDFC Bank. Strong global cues and receding crude oil prices also propped up the domestic equity markets, according to traders. Shares of HDFC and HDFC Bank rallied nearly 10 per cent as investors lapped up the merger deal.
Leading historian Irfan Habib said the country's academic community is shocked at the manner in which the Modi government is "trampling upon" academic institutions.
Ram Gopal Varma is 60 today, April 7. Subhash K Jha plots the once brilliant film-maker's declining movies graph.
IMAGES from the T20 World Cup match played between Pakistan and Bangladesh in Adelaide on Sunday.
The department of legal affairs has asked the commission, a recommendatory body, to submit a report on the issue that has always been dear to BJP and the Sangh Parivar.
Adani Group stocks have taken a beating on the bourses after Hindenburg Research made a litany of allegations in its report, including fraudulent transactions and share price manipulation at the Gautam Adani-led group.
Dominic Xavier wants Prime Minister Modi to know that India needs Oxygen NOW! and can't wait for hospitals to be set up.
A total of 69.96 per cent of 28.13 lakh voters exercised their franchise in the Tripura assembly elections till 3 pm on Thursday, amid sporadic incidents of violence, Chief Electoral Officer (CEO) Gitte Kirankumar Dinakarrao said.
Pramod Bhagat secured two golds to lead the Indian badminton team's medal rush at the Bahrain Para Badminton International
Baldev Sharma, the former editor of Panchajanya, has been appointed as the new chairman.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
The Enforcement Directorate on Thursday carried out raids at the office of Young Indian and questioned Congress leader Mallikarjun Kharge for more than seven hours as part of an ongoing money laundering probe linked to the National Herald case, officials said.
A summary of the Ranji Trophy matches played on Wednesday.
The Jharkhand Mukti Morcha leader had asked the ED to advance the date of appearance to November 16, which has not been agreed to by the agency, they said.
The case has been handed over to the state CID from Baguiati police station under Bidhannagar police commissionerate, the official said.
Besides the four ministerial berths, the Congress has also sought the post of Speaker of the state assembly, but Kumar is not keen on giving that, sources said.
Annapurna Devi, Subhas Sarkar and Rajkumar Ranjan Singh will be the new ministers of state for education.
HDFC was the top laggard in the Sensex pack, shedding over 3 per cent, followed by Infosys, L&T, Kotak Bank, Bajaj Finserv and Tech Mahindra.
Dominic Xavier is puzzled by the government's reluctance to take on the Chinese unless the Modi Sarkar believes that in its interactions with Xi Jinping's Communist junta in Beijing, discretion offers better possibilities of resolution.
Images from the T20 World Cup Super 12 match between Bangladesh and Zimbabwe, in Brisbane, on Sunday.
GST implementation could happen in September itself, with the next meeting of the Union Cabinet likely to take up the matter.
Referring to socialist leader Jayaprakash Narayan, Sinha appealed for a lokshakti movement which will keep a check on raj-satta (government).
West Bengal Chief Minister Mamata Banerjee on Monday called for movement against Narendra Modi government at the Centre in view of rising prices and said the Bharatiya Janata Party would not be able to emerge a major political force in the Trinamool Congress-ruled state.
As per practice a vote-on-account or approval for essential government spending for a limited period is taken in the election year and a full-fledged budget presented by the new government.
L Murugan, 44, is the only newly-sworn minister who is not a member of Rajya Sabha or Lok Sabha.
Union Minister Prakash Javadekar on Monday said the Narendra Modi government believes in the mantra 'delay is out, decision is in', and asserted that the job of the government is not to create roadblocks but to give impetus to entrepreneurship and industry.
The words 'industry', 'industrial development', 'jobs', and 'employment' have been ringing with higher frequency since Mamata Banerjee stepped into her third term with landslide victory after a high-octane election last year. "Our government's next target is industrial development," the chief minister (CM) had been heard stating at different public meetings in the past few months - perhaps setting the tone for the sixth edition of the Bengal Global Business Summit (BGBS) slated for later this month. Investor summits by any state are about intent, big numbers, and tall claims. Yet in competitive federalism, its importance as a marketing tool is undeniable.
The focus is likely to be on consolidation and improvement of existing rural-centric programmes to ensure their completion ahead of the next general elections in 2019, rather than announcement of new schemes. Sanjeeb Mukherjee and Arup Roychoudhury report.
Prime Minister Narendra Modi assumed office on Tuesday, a day after being sworn-in by President Pranab Mukherjee.
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