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Sensex declines 141 pts; Yes Bank rallies 8 pc

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Equity benchmark BSE Sensex declined by 141 points after a volatile session on Monday, dragged down by losses in index heavyweights ITC, TCS, L&T, HDFC twins and Infosys amid weak global cues.After swinging 439 points during the day, the 30-share Sensex ended 141.33 points, or 0.38 per cent, lower at 37,531.98. It hit an intra-day low of 37,480.53 and a high of 37,919.47.The broader NSE Nifty dropped 48.35 points, or 0.43 per cent, to close at 11,126.40.Top laggards in the Sensex pack included ONGC, ITC, Tata Steel, M&M, Tata Motors,…

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NATIONAL NEWS NEWS CATEGORIES 

India gets first tranche of Swiss bank account details under automatic exchange framework

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India has got first tranche of swiss bank account details of its nationals under a new automatic information exchange pact, a major milestone in the government’s fight against black money stashed abroadIndia is among 75 countries with which Switzerland’s Federal Tax Administration (FTA) has exchanged information on financial accounts within the framework of global standards on AEOI, an FTA spokesperson told DINThe next exchange would take place in September 2020, the spokesperson addedThis is the first time that India has received details from Swiss authorities under the AEOI framework, which…

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LEGAL NEWS NEWS CATEGORIES 

Platform Screen Doors not possible at all stations: Delhi Metro to HC

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Platform Screen Doors (PSDs) have been put on the Pink and Magenta lines of Delhi Metro due to technical requirement and their installation at all the stations would increase the cost of operation, the DMRC has told the Delhi High Court.The Delhi Metro Rail Corporation (DMRC) told a bench comprising Chief Justice D N Patel and Justice C Hari Shankar that 69 out of 250 railway stations have PSDs “DMRC is currently operating a network of 343.785 km. It may be noted that out of the total 250 stations, the…

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NEWS CATEGORIES SPORTS 

Djokovic stuns Japan Open with machine-like tennis

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World number one Novak Djokovic on Friday put on a stunning show of supremacy at the Japan Open with a 6-1, 6-2 win over Lucas Pouille of France.The Serb more than overwhelmed his opponent in the quarterfinal match, showering Pouille with a barrage of powerful, precision shots to deep, wide corners mixed with delicate drop shots. “I am not a machine. But I did play like one today,” he said after their 50-minute contest.”This was one of the best matches I played this year. Very, very pleased with the way…

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NEWS CATEGORIES WORLD NEWS 

PM Imran did not meet Afghan delegation: Pak PM’s top aide

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Pakistan Prime Minister Imran Khan did not meet a high-level Afghan Taliban delegation to discuss the revival of the stalled peace process in Afghanistan, his top aide said on Friday, dismissing reports of the meeting in the local and international media as “not true”.Several local and international media outlets had reported that prime minister Khan and the Taliban Political Commission (TPC), led by its head Mullah Abdul Ghani Baradar, discussed the Afghan peace process during a meeting.Geo News channel reported that Khan stressed the need for peace in Afghanistan and…

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ENTERTAINMENT NEWS CATEGORIES 

‘Andhadhun’ taught me to challenge my inhibitions: Ayushmann Khurrana

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Celebrating the first anniversary of his National Award-winning film “Andhadhun”, Ayushmann Khurrana on Saturday said the movie pushed him to “challenge his inhibitions”.The 35-year-old actor, who played a pianist in the Sriram Raghavan-directed movie, said the film shaped him as an actor.”As an artist, I’m a constant learner of the craft of acting. I’m always looking out for films that make me better, that challenge my thinking, my beliefs and opens me up to absorb new things. ‘Andhadhun’ has truly been one such film that has shaped me as an…

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BUSINESS NEWS CATEGORIES 

Sensex plunges 434 pts after RBI policy outcome; rate-sensitive stocks tank

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Equity benchmark BSE Sensex plummeted 434 points on Friday, dragged by heavy losses in banking stocks after the RBI slashed the country’s economic growth outlook for this fiscal.In its fourth bi-monthly policy review, the central bank also reduced its benchmark lending rate by 0.25 per cent to revive growth that has hit a six-year low.After opening nearly 300 points higher, the 30-share index gave up all the gains to turn negative after the policy announcement by the Reserve Bank of India (RBI).After gyrating 770 points during the day, the 30-share…

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NATIONAL NEWS NEWS CATEGORIES 

Aarey: Another jolt for greens as HC refuses stay on felling of trees

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Green activists suffered a second jolt in two consecutive days when the Bombay High Court on Saturday refused to stay ongoing felling of trees at Mumbai’s prominent green lung, Aarey Colony, to make way for a proposed metro car shed.A few green activists moved a fresh application on Saturday seeking stay for a week on the Mumbai Metro Rail Corporation Ltd (MMRCL’s) action of chopping 2656 trees in the area, a day after the HC dismissed four petitions filed by NGOs and activists challenging the decision of Tree Authority of…

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LEGAL NEWS NEWS CATEGORIES 

HC junks pleas seeking forest tag for Aarey, stop tree felling

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In a setback to environmental activists, the Bombay High Court on Friday refused to declare Aarey colony a forest and also declined to quash the BMC tree authority’s decision allowing felling of over 2,600 trees in the suburban green zone to pave way for a metro carshed. A division bench of Chief Justice Pradeep Nandrajog and Justice Bharati Dangre dismissed four petitions filed by NGOs and environmental activists on issues related to Aarey colony in Goregaon, a major green lung of the metropolis. One of the pleas filed by the…

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NEWS CATEGORIES WORLD NEWS 

Highly Poisonous Fungus Found Near Great Barrier Reef In Australia

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A highly poisonous fungus, with toxins that can be absorbed through the skin, has been identified for the first time in the rain forest near the Great Barrier Reef, Australian scientists said on Thursday. The Fire Coral fungus, which is better known in South Korea and Japan as being among the world’s most poisonous mushrooms, was found near Cairns in the northern state of Queensland, scientists from James Cook University said. “If found, the fungus should not be touched, and definitely not eaten,” said Matt Barrett, an expert on fungi…

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