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Sensex drops over 200 pts in early trade; Nifty slips below 14,400

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Equity benchmark Sensex dropped over 200 points in early trade on Monday tracking losses in index majors Infosys, HDFC and TCS amid a mixed trend in global markets. In a highly volatile opening session, the 30-share BSE index was trading 203.52 points or 0.42 per cent lower at 48,831.15. Similarly, the broader NSE Nifty fell 70.60 points or 0.49 per cent to 14,363.10. IndusInd Bank was the top loser in the Sensex pack, shedding around 3 per cent, followed by PowerGrid, Maruti, Bajaj Finance, Bajaj Finserv and ONGC. On the…

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NEWS CATEGORIES WORLD NEWS 

‘Rooting hard for you’: Will departure notes end with Trump?

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Presidential traditions are usually known for their solemnity and carry the weight of future historical significance. This one began with cartoon turkeys and a reference to lunch. As he was preparing to leave the White House in January 1989, President Ronald Reagan wanted to leave a note for his successor, George H.W. Bush, and reached for a pad emblazoned with a cartoon by humorist Sandra Boynton under the phrase, Don’t Let the Turkeys Get You Down. It featured a collection of turkeys scaling a prone elephant, the symbol of both…

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NATIONAL NEWS NEWS CATEGORIES 

Proposed tractor rally on Jan 26: It’s law & order matter, says SC on plea for injunction against it

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The Supreme Court told the Centre on Monday that the proposed tractor rally on the Republic Day by farmers protesting against the new farm laws is a ?law and order? matter and Delhi Police is the first authority to decide who should be allowed to enter the national capital A bench headed by Chief Justice S A Bobde, while hearing the Centre’s application seeking an injunction against the proposed tractor or trolley march or any other kind of protest which seeks to disrupt the gathering and celebrations on January 26,…

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NEWS CATEGORIES SPORTS 

India 253/6 at tea, trail Australia by 116 runs on 3rd day

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Fighting back through debutant Washington Sundar and Shardul Thakur, India reached 253 for six at tea on the third day of the series-deciding fourth Test against Australia here on Sunday. Washington (38) and Thakur (33) have added 67 runs for the unbeaten seventh wicket after India lost four wickets. Resuming at 62 for two, skipper Ajinkya Rahane (37) was watchful till he went for a flashy drive off Mitchell Starc and ended up getting caught in slips. Before his dismissal, Cheteshwar Pujara (25) fell to a peach of delivery off…

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ENTERTAINMENT NEWS CATEGORIES 

An actor has to be an activist: Mohd Zeeshan Ayyub

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The role of Shiva in Ali Abbas Zafar’s political show has many parallels with his life as a student in Delhi University’s Kirori Mal College, said the actor, believing it is important for artistes to engage with their surroundings. Zafar was also his senior in college. “It’s quite close to what I am,” Ayyub told PTI when asked whether the role was tailor-made for him. Be it through his plays, his recital of late research scholar Rohith Vemula’s letter or his participation in the anti-Citizenship Amendment Act protests, the farmers’…

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LEGAL NEWS NEWS CATEGORIES 

All 3 members of poll panel for Supreme Court bar association’s election resign

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All the three members of the election committee, set up to conduct the polls for the Supreme Court Bar Association (SCBA) this year, have resigned. The chairman of the Election Committee for the SCBA Elections 2020-2021 was senior advocate Jaideep Gupta and the other two members were Harin P Raval and Nakul Dewan. In a joint letter to SCBA Acting Secretary Rohit Pandey, the election committee members said they had decided to hold the election on a digital platform and entered into discussions with NSDL, a digital firm, to conduct…

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BUSINESS NEWS CATEGORIES 

Gadkari pitches for more research to identify import substitute products

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Union MSME Minister Nitin Gadkari has pitched for more research to identify products that can be indigenously manufactured as cost-effective import substitutes. The industries and industrial associations should do more research to identify these substitutes to curb imports, he added. Instead of importing spare part, the industry should help their vendors to find an indigenous replacement, Gadkari said in a virtual meeting on Friday. He was speaking at the inauguration ceremony of Atmanirbhar Innovation Challenge organised by Marathwada Accelerator for Growth and Incubation Council (MAGIC). It is a branch of…

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NEWS CATEGORIES WORLD NEWS 

North Korean parliament to convene to approve Kim’s agenda

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North Korea’s rubber-stamp parliament was scheduled to convene Sunday to pass decisions made by a major ruling party meeting where leader Kim Jong Un vowed maximum efforts to expand his nuclear weapons program in face of what he described as US hostility. The North’s official Korean Central News Agency said deputies led by senior official Choe Ryong Hae, president of the Supreme People’s Assembly’s presidium, laid flowers at the statues of Kim’s grandfather and father, the North’s previous rulers, at Pyongyang’s Mansu Hill on Saturday as they prepared for the…

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NATIONAL NEWS NEWS CATEGORIES 

Delhi’s records minimum temperature of 5.7 degrees Celsius

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The minimum temperature in Delhi dropped to 5.7 degrees Celsius on Sunday but it is likely to rise over the next two days due to a change in the wind direction, the India Meteorological Department (IMD) said. The national capital had recorded a low of 6.6 degrees Celsius on Saturday. The Safdarjung Observatory, which provides representative data for the city, recorded a minimum temperature of 5.7 degrees Celsius this morning. An IMD official said easterly winds are blowing in Delhi that are not as cold as northwesterly winds coming in…

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NEWS CATEGORIES WORLD NEWS 

Biden announces USD 1.9 trillion coronavirus stimulus plan to revive US economy

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President-elect Joe Biden has announced a USD 1.9 trillion stimulus package for the coronavirus-sapped US economy, including direct financial aid to average Americans, support to small businesses and a national vaccination plan. “During this pandemic, millions of Americans, through no fault of their own, have lost the dignity and respect that comes with a paycheck, Biden said in an address introducing the American Rescue Plan. The relief package, announced on Thursday, includes USD 415 billion focused on combating the COVID-19 pandemic, over USD 1 trillion in direct aid to individuals…

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