The Indian stock market witnessed a significant milestone on Monday, as the Nifty 50 index reached a new record high of 24,999.75. The 30-share pack Sensex also hit a new all-time high of 81,908.43 during intraday trading. This positive development indicates continued growth and investor confidence in the Indian economy.
Meanwhile, in the Indian Parliament, Congress leader Rahul Gandhi delivered a scathing critique of the BJP-led NDA government, employing the ‘chakravyuh’ metaphor. He alleged that six individuals – Narendra Modi, Amit Shah, Mohan Bhagwat, Ajit Doval, Ambani, and Adani – are effectively controlling the government and shaping the country’s policies. Gandhi’s remarks have sparked debate and scrutiny regarding the alleged concentration of power within the government.
In a tragic incident in Delhi, three UPSC aspirants drowned due to severe waterlogging at Rau’s Study Circle coaching centre. This incident has prompted swift action from the Delhi authorities, who have deployed bulldozers to clear encroachments over drains in Old Rajinder Nagar. The Municipal Corporation of Delhi (MCD) has also taken disciplinary action, terminating one officer and suspending another.
In the technology sector, CE Info Systems, the parent company of MapMyIndia, has sent a legal notice to Ola over allegations of copying data to build Ola Maps. MapMyIndia is preparing to launch its own mapping service in India and is taking legal action to protect its intellectual property.
The Indian Embassy in Lebanon issued an advisory for Indian nationals residing in or planning to travel to the country, urging them to exercise caution. This advisory follows Israel’s warning to the Lebanon-based Hezbollah group, raising concerns about potential escalation and conflict in the region.
In France, vandalism targeting telecom installations belonging to several leading French companies has resulted in isolated outages affecting fixed and mobile services. The timing of this disruption raises concerns about its potential impact on the ongoing Paris Olympics 2024, although it is not yet clear if any Olympic activities have been affected.
India’s performance at the Paris Olympics 2024 continues, with Manu Bhaker and Sarabjot Singh securing a place in the bronze playoff for the 10m air pistol mixed team event. This performance places India in a strong position to potentially win another Olympic medal.
