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Sensex, Nifty close almost flat; IT stocks weigh

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Benchmark BSE Sensex and Nifty closed on a flat note on Wednesday as profit booking in IT and realty shares negated gains in metal and oil & gas stocks. The 30-share BSE Sensex ended 35.78 points or 0.06 per cent lower at 58,817.29 in a volatile session. As many as 17 of its components ended in the red while 13 advanced. The broader NSE Nifty inched up 9.65 points or 0.06 per cent to close at 17,534.75. The market remained range-bound for the most part of the session as investors…

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NEWS CATEGORIES WORLD NEWS 

Trump says he’s testifying on Wednesday in NY investigation

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Former President Donald Trump will be questioned under oath on Wednesday in the New York attorney general’s long-running civil investigation into his dealings as a real estate mogul, he confirmed in a post on his Truth Social account. Trump’s testimony comes amid a flurry of legal activity surrounding him, taking place just days after FBI agents searched his Mar-a-Lago estate in Florida as part of an unrelated federal probe into whether he took classified records when he left the White House. The New York civil investigation, led by Attorney General…

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NATIONAL NEWS NEWS CATEGORIES 

Nitish takes oath as Bihar CM for record eighth time

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leader Nitish Kumar on Wednesday took oath as Bihar chief minister for a record eighth time in a no-frills ceremony at Raj Bhavan, a day after snapping ties with the BJP-led NDA and joining hands with the RJD to form a Mahagathbandhan’ government. Kumar was sworn in besides RJD’s Tejashwi Yadav, who is likely to be designated as his deputy. A notification is likely to be issued tonight, naming him as the deputy chief minister. Other cabinet ministers will be sworn in later once the three main alliance partners —…

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LEGAL NEWS NEWS CATEGORIES 

Take prompt action to prevent disasters during monsoons: Kerala HC to state govt

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The Kerala High Court has said the state government has to “take proper and prompt action” to prevent disasters during monsoons and otherwise, and has initiated a public interest litigation (PIL) on its own to monitor flood relief activities in the southern state. It directed its registry to register the suo motu (on its own) petition by arraying the state and its departments of Local Self Government, Power and Water Resources, the Disaster Management Authority and the Kerala State Electricity Board (KSEB). The high court said, “Torrential rains in the…

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NEWS CATEGORIES WORLD NEWS 

US, Australia, Japan urge China to immediately cease military exercises

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The United States, Australia and Japan have urged China to immediately cease its military exercises and reaffirmed their commitment to maintaining peace and stability across the Taiwan Strait. A joint statement was issued by US Secretary of State Tony Blinken, Australian Foreign Minister Penny Wong, and Japanese Foreign Minister Hayashi Yoshimasa after their in-person meeting in Phnom Penh on the margins of the 55th ASEAN Foreign Ministers’ Meeting. The Secretary and the Foreign Ministers reaffirmed their commitment to maintaining peace and stability across the Taiwan Strait. They appreciated ASEAN’s statement…

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NATIONAL NEWS NEWS CATEGORIES 

Stage set for Amit Shah’s maiden Odisha visit after becoming home minister

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Preparations are in full swing in Odisha to welcome Home Minister Amit Shah who will reach Bhubaneswar on Sunday night. The twin cities of Bhubaneswar and Cuttack are bedecked with posters, banners and placards of Shah, who will visit the state for the first time after becoming the home minister. Shah’s programmes will start with a visit to the Lingaraj Temple in Bhubaneswar on the last Monday of ‘Shravana’. He will then go to Cuttack to visit Netaji Subhas Chandra Bose’s birthplace in Odia bazaar. He will also lead a…

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ENTERTAINMENT NEWS CATEGORIES 

Heartening to know hard work is paying off: Arjun Kapoor

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Arjun Kapoor says he is elated that filmmakers are finally noticing the actor in him and finding him suitable for playing complex characters. The 37-year-old actor has been receiving positive reviews for his latest release Ek Villian Returns and prior to that Sandeep Aur Pinky Faraar emerged as a game changer for him. Arjun, who also has films such as Ishaqzaade “2 States”, “Gunday” and “Ki & Ka” to his credit, said he hopes to have a rising career graph with his upcoming slate which includes Vishal Bhardwaj-produced “Kuttey” and…

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LEGAL NEWS NEWS CATEGORIES 

SC agrees to hear plea seeking to declare ‘Ram Sethu’ a national heritage monument

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That the Government of India intends to explore an alternative to the earlier alignment of Skeletomuscular Ship Channel project without affecting/damaging the Adam’s Bridge/Ram Sethu in the interest of the nation,” the affidavit filed by the ministry had said. The court then asked the government to file a fresh affidavit. The Sethusamudram shipping channel project has been facing protests from some political parties, environmentalists and certain Hindu religious groups. Under the project, an 83 km water channel was to be created, linking Mannar with Palk Strait, by extensive dredging and…

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BUSINESS NEWS CATEGORIES 

Govt cuts windfall tax on diesel, ATF export; raises levy on domestic crude oil

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The government has halved the windfall tax on the export of diesel and scrapped the levy on jet fuel (ATF) shipments but raised the tax on domestically produced crude oil. The tax on the export of diesel was cut to Rs 5 per litre from Rs 11, according to an official notification issued on Tuesday evening. Export of petrol will continue to attract nil tax. The tax on domestically produced crude oil was hiked to Rs 17,750 per tonne from Rs 17,000, a move that will hit producers like ONGC…

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NEWS CATEGORIES WORLD NEWS 

Pelosi says US will not abandon Taiwan as China protests

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US House Speaker Nancy Pelosi, meeting leaders in Taiwan despite warnings from China, said Wednesday that she and other members of Congress in a visiting delegation are showing they will not abandon their commitment to the self-governing island. Today the world faces a choice between democracy and autocracy, she said in a short speech during a meeting with Taiwan’s President Tsai Ing-wen. America’s determination to preserve democracy, here in Taiwan and around the world, remains ironclad. China, which claims Taiwan as its territory and opposes any engagement by Taiwanese officials…

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