Rate cut hopes, healthy domestic cues lift equity indices

Rate cut hopes, healthy domestic cues lift equity indices

Short covering ahead of the August derivatives expiry, coupled with hopes of a rate cut by the Reserve Bank of India (RBI), healthy auto sales data and manufacturing data for the month of August, contributed to the bull run of key Indian equity indices for the third consecutive week. Besides, investors’ sentiments remained upbeat over […]

Gorakhpur tragedy: UP police arrests another key accused

Gorakhpur tragedy: UP police arrests another key accused

 A Special Task Force (STF) of the Uttar Pradesh police on Saturday in Gorakhpur arrested an accused connected to the mass death of children within a week in August at the BRD Medical College. Kafeel Khan, the third prime accused in the case, was trying to flee the country possibly to Nepal when he was […]

Rudy resigns as union minister, more offer to quit

Rudy resigns as union minister, more offer to quit

Minister of State for Skill Development Rajeev Pratap Rudy on Thursday night resigned from the Union Council of Ministers, while six others are believed to have offered to resign from their posts, ahead of much-spculated reshuffle shortly. Union ministers Uma Bharati, Radha Mohan Singh, Giriraj Singh, Kalraj Mishra, Nirmala Sitharaman, Mahendra Nath Pandey, Faggan Singh […]

India ready to finance carbon-capture technology: Goyal

India ready to finance carbon-capture technology: Goyal

 India is fully prepared to finance carbon-capture technology but the developed world’s approach in this area leaves much to be desired, New and Renewable Energy Minister Piyush Goyal has said. “The government is ready to fully finance carbon-capture technology and is in favour of opening up the technology to all. However, this idea did not […]

Heavy rains batter Uttarakhand

Heavy rains batter Uttarakhand

Heavy rains continued to batter most parts of the hill state of Uttarakhand on Friday, weather officials said. Rains lashed the state capital Dehradun on Thursday evening, leaving the city inundated. On Wednesday, the weatherman had predicted heavy to very heavy shower for the next 48 hours. The regional Met office has issued an alert […]

Key Indian equity indices open on flat note

Key Indian equity indices open on flat note

Key Indian equity market indices opened flat on Friday after the Central Statistics Office (CSO) data showed that the GDP growth of the Indian economy slumped to 5.7 per cent during April-June. The 30-scrip Sensitive Index (Sensex) was trading 5.10 points or 0.02 per cent lower during the early session. The wider 51-scrip Nifty of […]

Key Indian equity market indices open flat

Key Indian equity market indices open flat

Taking a cue from global markets, the key Indian equity market indices on Thursday opened flat. The Sensitive Index (Sensex) of the BSE, which had closed at 31,646.46 points on Wednesday, opened higher at 31,685.44 points. Minutes into trading, it was quoting at 31,627.50 points, down by 18.96 points, or 0.06 per cent. At the […]

No plans to reissue Rs 1,000 note: Official

No plans to reissue Rs 1,000 note: Official

The government does not plan to reintroduce Rs 1,000 notes that were taken out of circulation by the demonetisation of high-value currency last November, a senior official said on Tuesday “There is no proposal to reintroduce Rs 1000 note,” Economic Affairs Secretary Subhash Chandra Garg said in a tweet. On Friday, the Reserve Bank of […]

Nagpur-Mumbai Duronto Express derails

Nagpur-Mumbai Duronto Express derails

At least five coaches of the Nagpur-Mumbai Duronto Express derailed in Maharashtra’s Thane district on Tuesday, officials said. According to the Central Railway, there were no reports of any casualties or injuries so far in the incident which occurred at around 6.30 a.m., between the Asangaon and Vashind stations. Top Central Railway officials are rushing […]

Counting begins for Delhi’s Bawana by-poll

Counting begins for Delhi’s Bawana by-poll

 The counting of votes for the Bawana assembly by-poll here began at 8 a.m. on Monday. The by-poll was necessitated after Aam Aadmi Party (AAP) MLA Ved Prakash quit the party and resigned from the assembly seat to join the Bharatiya Janata Party (Lead). Voting was conducted on August 23 at 379 polling booths. The […]