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Sensex drops over 300 pts in early trade; Nifty tests 9,400 level

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Equity benchmark Sensex tumbled over 300 points in early trade on Friday dragged by losses in HDFC Bank, Infosys, TCS and Reliance Industries amid weak cues from global markets. After touching a low of 31,823.80 in opening session, the 30-share index was trading 312.34 points or 0.97 per cent down at 31,888.25. Similarly, NSE Nifty fell 95.75 points or 1.01 per cent to 9,394.35. Axis Bank was the top laggard in the Sensex pack, rising around 3 per cent, followed by IndusInd Bank, Bajaj Finance, Tata Steel, Infosys, HDFC twins…

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NEWS CATEGORIES WORLD NEWS 

US to announce “certain decisions” on China on Friday: Trump

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The US would announce “certain decisions” on China on Friday, President Donald Trump has said as he emphasised that Beijing should have stopped the coronavirus at the source. Led by the US, several countries in the world have blamed China for the spread of coronavirus and its failure to provide timely information about the disease, leading to the death of over three lakh people and causing an unprecedented economic crisis. Trump has been pressing China to agree for an inquiry into the origin of the virus, including the allegation that…

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NATIONAL NEWS NEWS CATEGORIES 

COVID-19: India now ninth-worst hit country in world with 1,65,799 cases

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 The number of COVID-19 cases in India has climbed to 1,65,799, making it the world’s ninth worst-hit country by the coronavirus pandemic. The Health Ministry said the death toll due to COVID-19 rose to 4,706 in the country, while the number of cases climbed to 1,65,799, registering an increase of 175 deaths and a record jump of 7,466 cases since Thursday 8 am. According to Worldometer, India has now overtaken Turkey as the ninth worst-hit country in terms of total number of cases. The Health ministry said the number of…

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NEWS CATEGORIES SPORTS 

India, China Shouldn’t Let Differences Shadow Overall Ties: Chinese Envoy

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China and India should never let their differences shadow the overall bilateral ties and must enhance mutual trust, Chinese Ambassador Sun Weidong said on Wednesday, in remarks that came amid an eyeball-to-eyeball confrontation between armies of the two countries in several sensitive areas along the Line of Actual Control in eastern Ladakh. Without referring to the military standoff, Sun Weidong said both the sides should resolve their differences through communication and adhere to the basic premise that they pose no threat to each other.  “We should correctly view our differences…

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NEWS CATEGORIES SPORTS 

Lionel Messi Looking Forward Eagerly To “Weird” La Liga Restart

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Barcelona and Argentina captain Lionel Messi said he was eager to start playing again but thought La Liga games behind closed doors would feel “weird”. Messi, who after a few weeks confined like the rest of Spain by the coronavirus pandemic, is training with Barca again ahead of a planned resumption of La Liga behind closed doors on the weekend on June 12. “We cannot think about what we are leaving behind this year. It is better to think about the future,” said Messi on the website of sports brand…

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ENTERTAINMENT NEWS CATEGORIES 

When Kriti Sanon’s Sister Nupur Gave Her A Haircut At Home. So, How Did She Do?

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Leave it to Kriti and Nupur Sanon to set sister goals for every occasion. The Sanon sisters, who usually post pictures from their envy-inducing vacations on Instagram, did something different this time. A few days ago, Kriti posted a video of Nupur giving her a haircut at home. In the video, Kriti’s expressions were just priceless. Let’s just say that Nupur did a brilliant job and the comments on Kriti’s post clearly reflect that. RJ Malishka wrote: “Lovely! Nupur has so many career options.” An Instagram user wrote: “The short…

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NATIONAL NEWS NEWS CATEGORIES 

Identify private hospitals to treat COVID-19 patients for free or at nominal cost: SC to Centre

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The Supreme Court Wednesday asked the Centre to identify private hospitals where COVID-19 infected patients could get treatment for free or at a nominal cost. A bench headed by Chief Justice S A Bobde, hearing the matter via video-conferencing, observed that there are private hospitals which have been given land either free of cost or at nominal rates and they should treat coronavirus infected patients for free.”You identify all those hospital and find out,” the bench, also comprising Justices A S Bopanna and Hrishikesh Roy, told Solicitor General Tushar Mehta.”They…

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BUSINESS NEWS CATEGORIES 

Rupee surges 30 paise to 75.65 against US dollar in early trade

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The rupee appreciated 30 paise to 75.65 against the US dollar in early trade on Tuesday tracking positive opening of domestic equities and weakness in the American currency. Forex traders said a positive start of domestic stocks supported the local unit, while sustained foreign fund outflows and concerns over coronavirus outbreak weighed on the local unit.At the interbank foreign exchange, the rupee opened at 75.69, then gained ground to touch 75.65, registering a rise of 30 paise over its previous close. On Friday, rupee had settled at 75.95 against the…

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LEGAL NEWS NEWS & PRESS RELEASE 

Top Court Junks Plea Against Middle-Seat Occupancy In Air India Flights

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The Supreme Court on Wednesday refused to entertain a pilot’s plea seeking modification of its order which allowed Air India to fill the middle seats while operating its non-scheduled flights to bring back Indians stranded abroad up to June 6. An intervention application was filed by Deven Kanani, seeking modification of May 25 order on the ground that there has been spike in number of Covid-19 cases, and even if a single flight (international /domestic) operates with full occupancy then many other passengers and crew are likely to get infected. …

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BUSINESS NEWS CATEGORIES 

Sensex rallies over 400 pts in opening session; Nifty tops 9,100

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Equity benchmark Sensex rallied over 400 points in early trade on Tuesday led by gains in index-heavyweights HDFC twins, ITC and Reliance Industries amid positive cues from global markets.   After touching a high of 31,086.70 in opening session, the 30-share index was trading 373.67 points or 1.22 per cent higher at 31,046.26. Similarly, NSE Nifty surged 108.70 points or 1.20 per cent to 9,147.95. ITC was the top gainer in the Sensex pack, rallying over 4 per cent, followed by IndusInd Bank, HDFC Bank, Tata Steel, Titan, UltraTech Cement…

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