BUSINESS NEWS CATEGORIES 

Sensex, Nifty nearly 1 pc on global recession fears

 Benchmark BSE Sensex and Nifty closed lower by nearly 1 per cent on Tuesday amid fresh foreign fund outflows and mixed global trends. The 30-share BSE benchmark fell by 497.73 points or 0.89 per cent to settle at 55,268.49, extending its losses for second straight day. During the day, it tanked 562.79 points or 1 per cent to 55,203.43. The broader NSE Nifty declined by 147.15 points or 0.88 per cent to 16,483.85. Among Sensex constituents, Infosys, Axis Bank, Hindustan Unilever, Dr Reddy’s Lab, Wipro, Kotak Mahindra Bank and Larsen…

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NEWS CATEGORIES WORLD NEWS 

Rishi Sunak, Liz Truss neck and neck after first TV debate clash

There was no clear winner between former Chancellor Rishi Sunak and Foreign Secretary Liz Truss on Tuesday after the UK’s prime ministerial candidates went head-to-head in their first television debate as finalists and clashed fiercely on their economic policies and tax plans. A snap Opinium poll of who performed best in the BBC debate on Monday night found Sunak just slightly ahead at 39 per cent, compared to Truss at 38 per cent. However, 47 per cent of Conservative Party voters quizzed thought it was the Foreign Secretary who was…

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NATIONAL NEWS NEWS CATEGORIES 

Over 11.4 lakh cases pending in family courts, must be settled expeditiously: LS MPs

Lok Sabha MPs on Tuesday flagged that over 11.4 lakh cases are pending in family courts across the country and called for their speedy settlement. The issue came up during a debate in the Lok Sabha on the Family Courts (Amendment) Bill, 2022, which was moved for consideration by Law Minister Kiren Rijiju. Participating in the discussion, Kaushalendra Kumar of the Janata Dal (United) said the number of pending cases in family courts is increasing and stands at over 11.4 lakh. He called for a speedy settlement of the cases.…

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BUSINESS NEWS CATEGORIES 

Reliance expects gas price to rise in Oct, wants removal of ceiling prices

Reliance Industries Ltd expects prices of natural gas in India to rise again in October but wants government-dictated caps to go, in a bid to align domestic rates with global energy prices. The conglomerate, controlled by billionaire Mukesh Ambani, expects the price cap for its KG-D6 gas sales to rise over the current USD 9.92 per million British thermal units, Sanjay Roy, senior vice-president for exploration and production, said in an investor call following the announcement of the firm’s quarterly earnings on Friday. After remaining a loss-making provision for several…

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NEWS CATEGORIES WORLD NEWS 

Biden’s Covid symptoms improve; WH says he’s staying busy

COVID-19 symptoms left President Joe Biden with a raspy voice and cough as he met Friday via videoconference with his top economic team. But the president tried to strike a reassuring tone, declaring, I feel much better than I sound. Biden took off a mask and sipped water as he opened the meeting to discuss the decline in gas prices in recent weeks. Reporters were allowed into a White House auditorium to view a few minutes of the proceedings, and when they asked how Biden was feeling, he flashed a…

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NATIONAL NEWS NEWS CATEGORIES 

Leaders cutting across party lines congratulate Droupadi Murmu on assuming top office; PM describes it ‘watershed’ moment

Political leaders cutting across party lines on Monday congratulated Droupadi Murmu on being sworn in as the country’s 15th President with Prime Minister Narendra Modi describing it as a “watershed moment” for India, especially for the poor, marginalised and downtrodden. Murmu, who succeeds Ram Nath Kovind, was administered the oath of office by Chief Justice of India N V Ramana at Parliament’s Central Hall. The country’s first tribal to occupy the highest Constitutional position and the second woman in the post, Murmu is India’s youngest president at 64 and the…

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LEGAL NEWS NEWS CATEGORIES 

Mukhtar Ansari’s bail plea in ambulance case rejected

The Allahabad High Court’s Lucknow bench on Friday rejected the bail plea of gangster-turned politician Mukhtar Ansari in a case of alleged fraud in the registration of an ambulance used to ferry him to a Punjab court last year. During his jail time in Punjab, Ansari was on March 31 last year taken to the Mohali court from Ropar jail in an ambulance having its number registered in Barabanki. A case was registered on April 2 that year in Barabanki after finding that the documents used for registration of the…

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BUSINESS NEWS CATEGORIES 

Pak, China welcome any third country joining CPEC for mutual beneficial cooperation

Iraq has filed a complaint to the UN Security Council, requesting an urgent session to discuss a deadly artillery attack this week that Baghdad blames on Turkey, the Foreign Ministry said on Saturday. Wednesday’s attack on the district of Zakho in Iraq’s northern, semi-autonomous Kurdish region killed nine Iraqi tourists, including a child, and wounded 20. Foreign Ministry spokesman Ahmad al-Sahaf said the ministry also recalled Iraq’s charg d’affaires from Ankara. Iraq’s parliament held a session Saturday on the attack, with lawmakers deciding to form a committee to investigate further.…

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BUSINESS NEWS CATEGORIES 

Biden’s Covid symptoms improve; WH says he’s staying busy

COVID-19 symptoms left President Joe Biden with a raspy voice and cough as he met Friday via videoconference with his top economic team. But the president tried to strike a reassuring tone, declaring, I feel much better than I sound. Biden took off a mask and sipped water as he opened the meeting to discuss the decline in gas prices in recent weeks. Reporters were allowed into a White House auditorium to view a few minutes of the proceedings, and when they asked how Biden was feeling, he flashed a…

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NATIONAL NEWS NEWS CATEGORIES 

Differences in non-BJP camp family quarrel; enough time for Mamata to change mind: Margaret Alva

 The Opposition’s vice presidential candidate Margaret Alva Saturday described the prevailing situation in the non-BJP camp as a “family quarrel”, but asserted they are clear they don’t want a one-party rule and were working to “sink the differences” and unite for the 2024 challenge. The 80-year-old Alva, who faces an uphill task in the August 6 vice presidential poll, also said the Opposition was clear in its intention that the Constitution has to be defended and democratic institutions protected. In an interview to PTI, the former governor said, “The tragedy…

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