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BUSINESS NEWS CATEGORIES 

Sensex spurts 264 pts; FMCG, metal stocks rally

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Equity benchmark BSE Sensex advanced 264 points on Friday, propelled by gains in index heavyweights HDFC, ICICI Bank, HUL and ITC amid positive cues from the global markets.After gyrating 568 points during the day, the 30-share Sensex ended 263.86 points, or 0.71 per cent, higher at 37,332.79. It hit an intra-day high of 37,397.97 and a low of 36,829.81.Similarly, the broader NSE Nifty rose 74.95 points, or 0.68 per cent, to close at 11,023.25.Top gainers in the Sensex pack included Yes Bank, Sun Pharma, IndusInd Bank, Tata Steel, HUL, Vedanta,…

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NATIONAL NEWS NEWS CATEGORIES 

Govt announces mega merger of PSBs, bringing down their number to 12

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 In the biggest consolidation exercise in the banking space, the government on Friday announced four major mergers of public sector banks, bringing down their total number to 12 from 27 in 2017, a move aimed at making state-owned lenders global sized banks.United Bank of India and Oriental Bank of Commerce will be merged with Punjab National Bank, making the proposed entity the second largest public sector bank (PSB).Making the announcements, Finance Minister Nirmala Sitharaman said Syndicate Bank will be merged with Canara Bank, while Allahabad Bank will be amalgamated with…

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LEGAL NEWS NEWS CATEGORIES 

National Herald: Subramanian Swamy objects to questions in Hindi during cross examination

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BJP leader Subramanian Swamy on Friday objected to the lawyer for Congress leader Sonia Gandhi for asking questions in Hindi while being cross-examination in National Herald case, saying he was a Tamil’. The exchange of words took place between Swamy and senior advocate R S Cheema, appearing for Gandhi, before the court of Additional Chief Metropolitan Magistrate Samar Vishal, who was recording the cross examination of the BJP leader who is the complainant in the case. On being asked, Dr Swamy jis sadak pe Indian Express building bana (Dr Swamy,…

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ENTERTAINMENT NEWS CATEGORIES 

Vidya Balan lauds BMC for keeping city clean

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Bollywood actress Vidya Balan has praised the Mumbai civic body for keeping the city clean and suggested hefty fine for beach litterbugs. Balan on Tuesday attended a special screening of her movie “Mission Mangal” in Dadar which was organised by Brihanmumbai Municipal Corporation (BMC) Commissioner Praveen Pardeshi. Civic officials, employees and their family members attended the screening and also interacted with the actress. “BMC people are doing a wonderful job to keep Mumbai clean by dedicating their life to serve people. Though we have some challenges and shortcomings still we…

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NEWS CATEGORIES SPORTS 

After blow on neck, Smith’s immediate thoughts were about late teammate Phillip Hughes

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Australian batting mainstay Steve Smith thought about his late teammate Phillip Hughes right after being hit on the neck by England pacer Jofra Archer in the second Ashes Test. Smith, who missed the third Test due to the resultant concussion, was initially cleared to resume his innings on day five following the nasty blow before he started feeling a “little bit under the weather”. “I had a few things running through my head, particularly where I got hit, just a bit of past came up, if you know what I…

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LEGAL NEWS NEWS CATEGORIES 

SC extends protection from arrest to Chidambaram till Thursday in INX Media money laundering case

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The Supreme Court Wednesday extended till tomorrow the interim protection from arrest granted to former finance minister P Chidambaram in the INX Media money laundering case lodged by the Enforcement Directorate (ED). A bench of Justices R Banumathi and A S Bopanna heard arguments advanced by Solicitor General Tushar Mehta who said that Chidambaram was trying to play the “victim card” and prevent ED from exercising its right to arrest him in the case. “This is not a witch hunt as alleged by them. We have material to show that…

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BUSINESS NEWS CATEGORIES 

Rupee slips 29 paise against US dollar to 71.77

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The rupee declined by 29 paise to close at 71.77 against the US dollar on Wednesday as fears of an impending global recession prompted investors to stick to safe-haven assets like the Japanese yen. Rising crude oil prices and weakness in the equity market put further pressure on the domestic currency, forex dealers said. At the interbank foreign exchange market, the rupee opened on the back foot at 71.50 a dollar and went on to touch the day’s low of 71.87. It finally pared some losses to settle at 71.77,…

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NEWS CATEGORIES WORLD NEWS 

Gibbs, who beat cancer this year, loses to Halep at US Open

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Nicole Gibbs was all even with the Wimbledon champion, a set away from a triumphant return to Grand Slam tennis. She couldn’t pull it off. Nor could she be too upset. Beating cancer was already the most important victory Gibbs was going to get this year, no matter what happened against No. 4 seed Simona Halep on Tuesday inside Louis Armstrong Stadium. “I’m definitely bummed out,” Gibbs said after her 6-3, 3-6, 6-2 loss. “At the same time I think I do have a new perspective, that it’s not life…

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NATIONAL NEWS NEWS CATEGORIES 

HRD Minister launches school education portal ‘Shagun’

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Union Human Resource Development Minister Ramesh Pokhriyal Nishank on Wednesday launched a web portal ‘Shagun’, which links over 15 lakh schools across the country, to provide all information on school education. The schools have been geo-tagged and all the data provided by them can be accessed through this portal. “The progress of the country is dependent on education and the foundation of education needs to be solid. Shagun is an important initiative and through this portal, more than 2.3 lakh educational websites can be integrated,” the minister said. According to…

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NEWS CATEGORIES SPORTS 

US Open: Nagal takes a set from Federer before exiting

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The fighting spirit shone through in Sumit Nagal’s dream Grand Slam debut as he took a set off the iconic Roger Federer before fizzling out at the US Open, here.In the much-anticipated clash, the 22-year old from Jhajjar lost 6-4 1-6 2-6 4-6 after giving a glimpse of his talent at the Arthur Ashe Stadium on Monday night.Nagal became only the fourth Indian to win a set in the main draw of a Grand Slam in the last 20 years. What made it special was that it came against Federer,…

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