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Equity benchmark Sensex jumped over 200 points in early trade on Friday tracking gains in index majors HDFC Bank, L&T and ICICI Bank ahead of the Reserve Bank of India’s monetary policy outcome. The 30-share BSE index was trading 202.71 points or 0.45 per cent higher at 44,835.36. Similarly, the broader NSE Nifty was trading 66.10 points or 0.50 per cent up at 13,200. UltraTech Cement was the top gainer in the Sensex pack, rising around 4 per cent, followed by L&T, M&M, Maruti, ONGC, Bharti Airtel, PowerGrid and ITC.…

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Wisconsin high court declines to hear Trump election lawsuit

December 4, 2020December 4, 2020 strong0 comment

A divided Wisconsin Supreme Court on Thursday refused to hear President Donald Trump’s lawsuit attempting to overturn his loss to Democrat Joe Biden in the battleground state, sidestepping a decision on the merits of the claims and instead ruling that the case must first wind its way through lower courts. In another blow to Trump, two dissenting conservative justices questioned whether disqualifying more than 221,000 ballots as Trump wanted would be the proper remedy to the errors he alleged. The defeat on a 4-3 ruling was the latest in a…

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RBI expects positive growth in second half of 2020-21

December 4, 2020December 4, 2020 strong0 comment

Reserve Bank of India (RBI) on Friday said it expects the economy to record positive growth in the second half of the current financial year. The economy contracted by 23.9 per cent in the first quarter and 7.5 per cent in the second quarter on account of the COVID-19 pandemic. “The second half is expected to show some positive growth,” RBI Governor Shaktikanta Das said, adding that during the financial year as whole the economy was likely to contract by 7.5 per cent, which is an improvement over its previous…

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Lionel Messi fined 600 euros for tribute to Maradona

December 3, 2020December 3, 2020 strong0 comment

Lionel Messi was fined 600 euros ( 720) for taking his jersey off to pay tribute to Diego Maradona, the Spanish soccer federation said. The federation’s competitions committee fined the Argentine player for his actions after scoring in Barcelona’s 4-0 win over Osasuna in the Spanish league on Sunday. After a strike from outside the box, Messi took off Barcelona’s blue-and-burgundy to reveal the red-and-black of Maradona’s jersey from his stint at Newell’s Old Boys. Messi then blew a kiss with both hands to the sky as he looked upward.…

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Jason Statham to star in crime feature ‘Small Dark Look’

December 3, 2020December 3, 2020 strong0 comment

Hollywood star Jason Statham is being eyed for the lead role in upcoming crime drama “Small Dark Look”. According to Variety, the movie, which was earlier titled “Baby Cross”, will be helmed by Danish filmmaker Martin Zandvliet. The filmmaker, known for Oscar-nominated film “Land of Mine”, recently replaced William Oldroyd, who had been attached to direct two years ago when the project was first unveiled. Steven Knight, best known for creating acclaimed BBC series “Peaky Blinders”, has penned the script, which centres around Russian mafia in London. “Small Dark Look”,…

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Sensex rallies over 300 pts to scale fresh intra-day peak; Nifty tops 13,200

December 3, 2020 strong0 comment

Equity benchmark Sensex rallied over 300 points in early trade to hit its fresh intra-day record on Thursday tracking gains in index majors HDFC Bank, Reliance Industries and Maruti amid largely positive cues from global markets. After scaling a peak of 44,953.01, the 30-share BSE index was trading 176.87 points or 0.40 per cent higher at 44,794.91. Similarly, the broader NSE Nifty touched a peak of 13,216.60 before trading 59.05 points or 0.45 per cent up at 13,172.80. Tata Steel was the top gainer in the Sensex pack, rising around…

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Biden facing growing pressure over secretary of defense pick

December 3, 2020December 3, 2020 strong0 comment

President-elect Joe Biden is facing escalating pressure from competing factions within his own party as he finalises his choice for secretary of defense. Black leaders have encouraged the incoming president to select an African-American to diversify what has so far been a largely white prospective Cabinet, while others are pushing him to appoint a woman to lead the Department of Defense for the first time. At the same time, a growing collection of progressive groups is opposing the leading female contender, Mich le Flournoy, citing concerns about her record and…

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COVID-19 caseload in India breaches 95-lakh mark

December 3, 2020December 3, 2020 strong0 comment

India’s COVID-19 caseload went past 95 lakh, while the total number of people who have recuperated from the disease surged to 89.73 lakh pushing the national recovery rate to 94.11 per cent, according to the Union Health Ministry data updated on Thursday. The total coronavirus cases mounted to 95,34,964 with 35,551 new infections being reported in a day, while the death toll climbed to 1,38,648 with 526 new fatalities, the data updated at 8 am showed. The number of people who have recuperated from the disease surged to 89,73,373 pushing…

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Warner’s injury is opportunity for others to claim opening slot in Tests: Langer

December 1, 2020December 1, 2020 strong0 comment

A groin injury has ruled David Warner out of at least the first Test against India and Australia coach Justin Langer says the temporarily vacant opening slot will go to the one who performs well for Australia A in the upcoming tour games against the visitors. The Australian cricket fraternity has been debating about Warner’s opening partner in the Test series with a few backing the struggling Joe Burns to keep his place while others want the young William Pucovski to open. However, the injury to Warner has changed the…

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Peter Dinklage to star in ‘Toxic Avenger’ reboot

December 1, 2020 strong0 comment

“Game of Thrones” alum Peter Dinklage has found his next project in Legendary’s new “Toxic Avenger” film. The reboot will be a modern-day take on Troma Entertainment’s 1984 low-budget action comedy hit, “The Toxic Avenger”, reported Deadline. Macon Blair, who is on board to helm the project, is best known for his directorial debut “I Don’t Feel at Home in This World Anymore”, a Netflix film. “Toxic Avenger” will cover environmental themes and subvert the superhero genre in the vein of Deadpool. When a struggling everyman is pushed into a…