Investors' wealth tumbled by Rs 9 lakh crore on Friday, in tandem with a sharp decline in the domestic equity market, where the benchmark Sensex plunged 1,414 points following a bearish trend in global equities. Fresh tariff threats that ignited global trade war fears and relentless foreign fund outflows dented investor sentiment, analysts said.
Putin is keen on establishing a good personal rapport with Trump and anchor a meaningful US-Russia partnership, realistic enough to accept that Trump is as good an American president as Russia would ever get, observes Ambassador M K Bhadrakumar.
Eminent Indian-American attorney Preet Bharara has made it to the cover of the prestigious Time magazine for his crusade against Wall Street corruption and irregularities, including insider trading. With the caption This man is busting Wall Street, Bharar's picture appeared in the latest edition of Time on Thursday, the day on which he announced to have taken action against one of the oldest Swiss banks for having evaded American taxes and helping in the flight of US money.
The indefinite stir against corporate greed and the failure of the capitalist model of development is being spearheaded by Communist Party of India and its students wing All-India Youth Federation in Mumbai, a CPI spokesperson said.
Rameshbabu Vaishali won the women's qualifier scoring 9.5 points out of 11 to advance to the quarter-finals of the World Blitz Championship.
Both Caravaggio and Djokovic entered worlds ruled by giants, shattered conventions with defiance, and redefined greatness within the rigid lines of their craft. One with a brush, the other with a racquet but both turned their tools into instruments of disruption. And ultimate greatness.
Russians Volodar Murzin and Alexander Grischuk, along with Duda Jan-Kryzstof of Poland, share the lead with Arjun on seven points after the end of the second day and Round 9 of the championship, which will decide the best player of the planet after 13 games.
Aston Martin's Lance Stroll collected a one-place grid drop for Sunday's race after stewards ruled the Canadian was to blame for the collision with Leclerc running into him at the hairpin.
Flash floods triggered by a cloudburst in Mandi, Himachal Pradesh, resulted in casualties and widespread damage, prompting rescue operations and relief efforts.
Pananjay Tiwari, founder and director of Impel Overseas Education, explains how the new changes can impact Indian students who are applying to US universities and those who are already studying in the US.
'I bought tickets for the function but was not even able to enter the stadium. Police suddenly blocked all the roads and closed all the entrances to the venue, and suddenly they started lathi-charging near the main gate.'
After extending billions of dollars to protect themselves from the economic turmoil, the US moved to arrest the trend of exorbitant pay among the nation's big entities like Citigroup, Bank of America and American International Group.
The sudden and surprising announcement by Anderson comes within days of a Republican Congressman, a member of the House Judiciary Committee, asking the Department of Justice to preserve all the documents and communications related to the investigations of Adani and his companies.
The story of the Bombay Stock Exchange and the people who shaped its growth: From wars and bomb blasts to speculators, reformers and wealth creators.
Benchmark Sensex declined over 45 points in highly volatile trade on Wednesday, tracking weak Asian markets and continuous foreign fund outflows. Declining for the second straight session, the 30-share BSE Sensex fell 45.46 points or 0.06 per cent to settle at 73,466.39. During the day, it went lower by 437.93 points or 0.59 per cent to 73,073.92.
The US unit of PwC will lay off about 1,800 workers, marking its first formal job cuts since 2009 as the company seeks to restructure its technology group. This comes amid a slowdown in demand for some of its advisory business, according to a Wall Street Journal report. Half of the anticipated layoffs will target offshore positions, impacting a wide range of employees from associates to managing directors.
Delhi Chief Minister Rekha Gupta has apologized for using the slang term "thulla" to refer to lower-rank policemen in a recent speech. She said it was not her intention to belittle or denigrate police personnel and that she has immense respect for them. She also attributed her past controversial comments on social media against opposition leaders to her lack of maturity then, saying she is not afraid to accept her mistakes. The opposition Aam Aadmi Party (AAP) has strongly criticised Gupta for her remarks in the Assembly on March 28, which it called were an insult to police personnel.
'We don't know which bus is coming next. I know for sure whatever bus comes next, it will miss that too.'
Lando Norris put Formula One champions McLaren on pole position for the Monaco Grand Prix in track-record time on Saturday, with Ferrari's Charles Leclerc alongside on the front row for his home race.
Asian Paints, JSW Steel, ITC, Bajaj Finance, IndusInd Bank, Tata Steel, NTPC, Bajaj Finserv, HDFC Bank, Reliance Industries and Power Grid were among the laggards. In contrast, Tata Motors, Mahindra & Mahindra, State Bank of India, Infosys and HCL Tech were the gainers.
Thanks to a close one's illness, I have seen quite a few hospital rooms in the past half a year or so. They have revived my respect for life reinterpreted via its essentials, notes Shyam G Menon.
Starting this Friday, Prakash Reddy, secretary of the Communist Party of India, plans to occupy Dalal Street accompanied by whoever he manages to woo by then.
'It is important India to stay focussed on its primary national objectives: Combating terrorism; not losing sight of other security and strategic concerns (on the Sino-Indian front for instance); ensuring a strong economy and registering growth which includes improving the lot of common people; and finally making certain that the social fabric remains intact and harmony among people is not jeopardised, at least any further,' asserts Nilanjan Mukhopadhyay.
On August 16, 1980, the Kolkata football derby between arch rivals Mohun Bagan and East Bengal, played at the Eden Gardens (there was no Salt Lake Stadium then) witnessed a massive clash between the supporters of two teams, leading to 16 deaths.
Tesla owner billionaire Elon Musk and Indian American entrepreneur Vivek Ramaswamy in an op-ed provided an insight into their blueprint for an unprecedented government reform that includes mass federal job cuts and massive expense reduction.
From the Sensex basket, Mahindra & Mahindra, Maruti, Tata Steel, Bajaj Finserv, Power Grid, Reliance Industries, Axis Bank and JSW Steel were the major gainers. Wipro, Nestle, HDFC Bank and Bajaj Finance were among the laggards.
The IMD issued a "Nowcast" warning, forecasting thunderstorms accompanied by lightning and intense spells of rain with gusty winds reaching 50-60 kmph at isolated places in Mumbai in the next three to four hours.
US senators have alleged that TikTok, owned by the Chinese Communist Party, has interfered in elections of various countries, including India, and called for extending the deadline for a ban on the platform in the US. They applauded India's ban on the social media platform, citing concerns about Chinese propaganda and data harvesting. Lawmakers, including Democrats and Republicans, introduced legislation to delay the ban by 270 days, arguing it would allow for a more thorough review of the implications and potential alternatives to a ban. They also criticized the rushed nature of the ban and its potential impact on free speech and the livelihoods of American users.
West Bengal Chief Minister Mamata Banerjee, on an official visit to the United Kingdom, took a refreshing jog in London's Hyde Park, wearing a white saree and her signature white slippers. Banerjee also attended a high tea reception at India House, hosted by Vikram K Doraiswami, the High Commissioner of India to the United Kingdom, bringing together business, cultural, and political leaders to strengthen ties between Bengal and Britain. The discussions centered around fostering economic partnerships and deepening people-to-people connections.
Benchmark Sensex closed above the 85,000 level for the first time while Nifty scaled the 26,000 peak at close on Wednesday as fag-end buying in banking and power shares helped stock markets recoup early losses. After a see-saw trade during the day, the 30-share BSE Sensex rose by 255.83 points or 0.30 per cent to settle at an all-time high of 85,169.87. During the day, it surged 333.38 points or 0.39 per cent to hit a record intra-day peak of 85,247.42.
Two years after his dismissive stance on India's AI potential raised eyebrows here, OpenAI CEO Sam Altman on Wednesday gave a ringing endorsement to Artificial Intelligence momentum in the country -- and billed India as an important market not just for the new-age technology itself but for the ChatGPT creator as well. In New Delhi on Wednesday, Altman -- while sharing dais with Union IT minister Ashwini Vaishnaw -- said India is the second biggest market for the company and that Open AI had tripled its users here in the last year.
The pope will stay in Canada for a week and is expected to apologise to its indigenous people for the indignities perpetrated by the Church at every stop of his visit.
'In India, managers and the leadership almost glorify overworking.'
Last week's police actions against the 'Occupy' encampments -- from Oakland to New York in the United States -- will not snuff out the underlying energy, says Rajni Bakshi.
Wedding decor is going beyond aesthetics, embracing grand elements in a nod to the couples' personal stories.
The head of Syria's main opposition group abroad Hadi al-Bahra Syrian said that Damascus is now "without Bashar al-Assad" according to Reuters.
Attributing to people familiar with the plan, the Financial Times said that SEC and Federal Reserve officials were warned by Merrill Lynch about Lehman's balance sheet calculations as far back as March 2008.
Namrata Thakker picks her 10 favourite Leo movies.
Dalal Street investors were a poorer lot on Monday as their wealth eroded sharply by Rs 14 lakh crore following a sharp decline in benchmark indices amid a global market meltdown due to recession fears. The 30-share BSE Sensex tumbled 2,226.79 points or 2.95 per cent to settle at 73,137.90. Intra-day, the benchmark slumped 3,939.68 points or 5.22 per cent to 71,425.01.
Do not underestimate the ingenuity of the Deep State in America to have its way. Keeping the guard down will be a catastrophic mistake on the part of the Delhi establishment. We could get hit when least expected. That's what happened in Bangladesh and Syria, warns Ambassador M K Bhadrakumar.
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