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Budget impact: Sensex soars over 750 pts; Nifty tops 14,500

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The Sensex zoomed over 750 points and the Nifty crossed the key 14,500-level in the opening session on Tuesday, a day after the Union Budget which outlined a slew of measures to pull the economy out of the pandemic-induced slump. The BSE gauge Sensex was trading at 49,352.27, witnessing a strong rally of 751.66 points or 1.55 per cent in opening deals. Likewise, the NSE barometer Nifty was higher by 222.65 points or 1.56 per cent at 14,503.85 in early trade. In the Sensex pack, all shares were trading in…

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NEWS CATEGORIES SPORTS 

Left-arm wrist spinners are unique, India should play Kuldeep against England: Pathan

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 “You don’t get left-arm wrist spinners everyday,” former pacer Irfan Pathan said, firmly backing Kuldeep Yadav and hoped that there will be place for him in the Indian team for the Test-series against England. Yadav has been warming the bench for more than three months now but Pathan said he is a “unique bowler” who would do well in the upcoming Test assignment, starting February 5 in Chennai. “It is very important from the team management point of view, how they keep mind-set of a player, who is not playing.…

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NEWS CATEGORIES WORLD NEWS 

Over 5,000 arrested at pro-Navalny protests across Russia

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Chanting slogans against President Vladimir Putin, tens of thousands took to the streets Sunday across Russia to demand the release of jailed opposition leader Alexei Navalny, keeping up nationwide protests that have rattled the Kremlin. More than 5,000 people were detained by police, according to a monitoring group, and some were beaten. The massive protests came despite efforts by Russian authorities to stem the tide of demonstrations after tens of thousands rallied across the country last weekend in the largest, most widespread show of discontent that Russia had seen in…

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NATIONAL NEWS NEWS CATEGORIES 

Govt committed to farmers’ welfare, MSP system strengthened, sharp increase in payment to farmers: FM

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Stressed that the government is committed to farmers’ welfare, Finance Minister Nirmala Sitharaman on Friday said the MSP regime has undergone a “sea change” to assure price at least 1.5 times of production cost with sharp increase in procurement of foodgrains and payment to farmers. In her budget speech for the next fiscal, she said the procurement of crops like paddy, wheat, pulses and cotton has jumped manifold in the last six years. “Our government is committed to the welfare of farmers. The MSP (minimum support price) regime has undergone…

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BUSINESS NEWS CATEGORIES 

Sensex, Nifty open higher ahead of Budget presentation

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The BSE benchmark Sensex surged over 443 points and the NSE Nifty advanced 115 points in opening trade on Monday, ahead of the Union Budget 2021-22 presentation in Parliament. The 30-share Sensex was trading higher by 443.06 points or 0.96 per cent at 46,728.83; and the broader Nifty was up 114.85 points or 0.84 per cent at 13,749.45. On the Sensex chart, IndusInd Bank, ICICI Bank, HDFC, ONGC, Titan and HDFC Bank were prominent gainers. Of the Sensex constituents, 16 shares were trading in the green. On Friday, the Sensex…

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ENTERTAINMENT NEWS CATEGORIES 

Anushka Sharma, Virat Kohli reveal daughter’s name

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 Actor-producer Anushka Sharma and her cricketer-husband Virat Kohli on Monday announced that they have named their first child, daughter Vamika. The couple, who announced their pregnancy last August, welcomed the baby on January 11. In a heartwarming note on Instagram, Sharma said that the arrival of Vamika has been a blessing for them. “We have lived together with love, presence and gratitude as a way of life but this little one, Vamika, has taken it to a whole new level! “Tears, laughter, worry, bliss – emotions that have been experienced…

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NEWS CATEGORIES SPORTS 

Messi shows his worth, leads Barcelona to win over Athletic

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 Lionel Messi showed his worth yet again, scoring on a beautiful free kick to lead Barcelona to a 2-1 win over Athletic Bilbao in the Spanish league. The 650th goal in his Barcelona career came amid the noise prompted by Spanish newspaper El Mundo’s report that his contract is worth 555 million euros ( 673 million). The Catalan club, mired in debt and political turmoil, had to quickly deny its involvement in the leak. Antoine Griezmann also scored for Barcelona, which won its fifth in a row in the league…

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NEWS CATEGORIES SPORTS 

There are times when balls faced matter a lot more than runs scored: Pujara

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There are times when balls faced matter a lot more than runs scored and the recent tour of Australia was all about that for India’s Test batting mainstay Cheteshwar Pujara, who finds the “strike-rate talk” overrated. Pujara had collected a lot more runs (521 at 41.41 strike rate and three hundreds) in his player of the series performance to ensure a historic triumph in Australia two seasons ago but considering the “extraordinary circumstances” of the recent showdown that just went by, he rates his effort (271 at 29.20 and three…

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BUSINESS NEWS CATEGORIES 

Semiconductor shortage: Automakers actively engaging with supply partners to mitigate impact

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As the shortage of semiconductors expected to linger on in the next fiscal as well, leading automakers like Tata Motors, Honda and Kia Motors are actively engaging with their supplier partners in order to carry on with stable production activities at their manufacturing plants in the country. Semiconductors are silicon chips that cater to control and memory functions in products ranging from automobiles, computers and cellphones to various other electronic items. The usage of semiconductors in the auto industry has gone up globally in recent times with new models coming…

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LEGAL NEWS NEWS CATEGORIES 

Vacancy, inadequate infrastructure in consumer fora deprive citizens of grievance redressal: SC

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Consumer rights are “important rights” and non-manning of posts and inadequate infrastructure in district and state consumer commissions across the country would deprive the citizens of redressal of their grievances, the Supreme Court has said. The apex court said this while hearing a plea that has raised the issue of alleged inaction by governments in appointing the president, members and staff in the district and state consumer disputes redressal commissions and the lack of adequate infrastructure to run these fora. A bench of justices Sanjay Kishan Kaul and Hrishikesh Roy…

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