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Sensex jumps nearly 300 pts in early trade; Nifty tops 14,100

January 4, 2021January 4, 2021 strong0 comment

Equity benchmark Sensex jumped nearly 300 points in opening trade on Monday, tracking gains in index majors ITC, Infosys and ICICI Bank as investors cheered domestic COVID-19 vaccine approvals. The 30-share BSE index touched its lifetime intra-day high of 48,168.22 in early trade. It was trading 272.73 points or 0.57 per cent higher at 48,141.71, and the broader NSE Nifty surged 90.90 points or 0.65 per cent to a record high of 14,109.40. TCS was the top gainer in the Sensex pack, rising around 2 per cent, followed by ONGC,…

NEWS CATEGORIES WORLD NEWS

Nancy Pelosi re-elected as Speaker of US House of Representatives

January 4, 2021January 4, 2021 strong0 comment

Veteran Democratic Congresswoman Nancy Pelosi has been narrowly re-elected as the Speaker of the US House of Representatives for a fourth time, as a new Congress took office amidst raging coronavirus crisis and political uncertainty. Pelosi, 80, secured 216 votes in a tight contest against Republican Kevin McCarthy, who got support from 209 Congressmen, after Democrats lost 11 seats in the November elections to command a narrower 222-212 majority. According to the House Clerk, a total of 427 votes were cast. One vote went to Senator Tammy Duckworth and one…

NATIONAL NEWS NEWS CATEGORIES

India records 16,504 new COVID-19 cases, 214 fresh fatalities

January 4, 2021January 4, 2021 strong0 comment

Daily new COVID-19 cases in the country remained below 20,000 for the third consecutive day taking the virus caseload to 1,03,40,469, while the recoveries surged to 99.46 lakh, according to the Union Health Ministry data updated on Monday. A total of 16,504 people tested positive for coronavirus infection in a day. The death toll increased to 1,49,649 with 214 new fatalities, the data updated at 8 am showed The number of people who have recuperated from the disease surged to 99,46,867 pushing the national recovery rate to 96.19 per cent,…

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Indian women’s hockey team to resume international competition with tour of Argentina in January

December 30, 2020December 30, 2020 strong0 comment

Indian hockey will hit the restart button and begin the Olympic preparations when the women’s team travels to Argentina next week for its first tour in nearly a year after the COVID-19 pandemic abruptly halted all competitions around the world. A core group of 25 players and seven support staff will leave from New Delhi on January 3. The Indian women’s team will compete in eight matches against hosts Argentina, starting from January 17. “We have a little over 200 days before we arrive in Tokyo for the Olympic Games…

ENTERTAINMENT NEWS CATEGORIES

When the silver screen went dark: Bollywood counts its losses in year of pandemic

December 30, 2020December 30, 2020 strong0 comment

As productions halted, theatres shut their doors and audiences settled down in front of their screens, the Hindi film industry hit pause button in the year that was resulting in revenue losses of maybe thousands of crores and many thousands of workers forced into unemployment. The coronavirus pandemic scripted a tale of unprecedented challenges for the flourishing industry that came to a screeching halt in 2020. While there are no exact figures, some insiders estimated the losses could be upwards of Rs 1,500 crore to thousands of crores and said…

LEGAL NEWS NEWS CATEGORIES

Right of being represented through lawyer is part of due process clause, says SC

December 30, 2020December 30, 2020 strong0 comment

Right of being represented through a lawyer is part of due process clause , the Supreme Court has said while setting aside the Allahabad High Court order which had dismissed an appeal filed by a man in a 1987 murder case noting that his counsel had not appeared during the hearing. The apex court, which restored the appeal and asked the high court to consider taking it for hearing at an early date, said it was open for the high court to appoint an amicus curiae to assist it when…

BUSINESS NEWS CATEGORIES

Sensex, Nifty retreat on profit booking after record rally

December 30, 2020December 30, 2020 strong0 comment

Key benchmark indices Sensex and Nifty declined in early trade on Wednesday as profit booking emerged in banking and financial stocks after a stellar five-day rally. The 30-share BSE Sensex had opened higher by 0.10 per cent but failed to hold onto gains in early trade and declined by 102.99 points or 0.22 per cent to 47,510.09. The broad based Nifty was down by 27.45 points or 0.2 per cent at 13,905.15 with 31 of its constituents trading in the red. The 50-share index had opened higher by 10.75 points…

NEWS CATEGORIES WORLD NEWS

US court shuts down fraud scheme targeting elderly Americans via India-based call centers

December 30, 2020December 30, 2020 strong0 comment

A US court has ordered the permanent shut down of a technical-support fraud scheme, masterminded by an American citizen and operated through call centres in India, that allegedly defrauded hundreds of elderly and vulnerable Americans. The US Justice Department said on Tuesday the District Court entered the order of permanent injunction against Michael Brian Cotter, 59, of Glendale, California, and four companies Singapore-registered Global Digital Concierge, Nevada-registered companies Sensei Ventures Incorporated and NE Labs Inc, and New York-registered Kevisoft from selling technical-support services or software via telemarketing or websites. “The…

NATIONAL NEWS NEWS CATEGORIES

Farmers protesting at Delhi borders firm in their demands as Centre, farm unions set to resume talks

December 30, 2020December 30, 2020 strong0 comment

Thousands of farmers agitating against the three new central agriculture laws stayed put at their agitation venues near Delhi, which is going through a harsh spell of winter, unrelenting in their demand of withdrawal of the legislations On Wednesday, a cold wave swept Delhi as the minimum temperature dipped to 3.5 degrees Celsius. It is likely to get even colder on New Year’s Eve, the India Meteorological Department predicted, as dry and icy winds barrelled through the plains The farmers protesting against the new agri laws had reached Singhu border…

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Tendulkar, Kohli lead cricket fraternity in hailing Indian team for Melbourne Test win

December 29, 2020December 29, 2020 strong0 comment

The Indian cricket fraternity, led by Sachin Tendulkar and Virat Kohli, on Tuesday hailed the national team for the resilience and character it showed to redeem itself after the Adelaide debacle and win the second Test in Melbourne. India, led by Ajinkya Rahane, levelled the four-match Test series 1-1 after defeating Australia by 8 wickets in the second match at the MCG. Rahane led from the front with a match-winning 112 in India’s first innings. To win a Test match without Virat, Rohit, Ishant & Shami is a terrific achievement.…