BSE Reaches New Heights as Stocks Soar
The Bombay Stock Exchange (BSE) witnessed a historic surge on Friday, with its benchmark Sensex index breaking through the 84,000 mark for the first time. The index closed the day 1,359.51 points higher, fueled by a wave of optimism in the market. Over 250 stocks, including prominent names like ICICI Bank, Bharti Airtel, Hindustan Unilever, Bajaj Finserv, and JSW Steel, hit their highest point in the last year during intraday trading.
PM Modi Takes Aim at Congress in Maharashtra
Amidst the positive market sentiment, Prime Minister Narendra Modi launched a scathing attack on the Congress party in poll-bound Maharashtra. Speaking at a rally, he accused the Congress of deliberately hindering the progress of Scheduled Castes, Scheduled Tribes, and Other Backward Communities. He also blamed the party for pushing farmers into a state of misery.
Supreme Court YouTube Channel Hacked
In an unprecedented incident, the official YouTube channel of the Supreme Court of India was taken down on Friday afternoon after it was hacked. The channel began displaying videos promoting a cryptocurrency developed by US-based company Ripple Labs in the middle of court proceedings. The incident raised serious concerns about the security of online platforms and the potential for malicious actors to disrupt important institutions.
Tirupati Laddu Adulteration Row Intensifies
The ongoing controversy surrounding alleged adulteration of ghee in the famous Tirupati laddu took a new turn on Friday. YSRCP chief Jagan Mohan Reddy refuted allegations of adulteration, calling them “atrocious” and seeking a probe into the claims made by the ruling party. Meanwhile, Union Ministers JP Nadda and Pralhad Joshi demanded an investigation into the matter. The YSRCP also filed a petition in the Andhra Pradesh High Court, demanding a thorough inquiry.
Sebi Imposes Restrictions on Axis Capital
Axis Bank issued a statement on Friday clarifying its position following temporary restrictions placed on its subsidiary, Axis Capital Ltd. The Securities and Exchange Board of India (SEBI) had barred Axis Capital from taking up new assignments as a debt merchant banker until further notice. However, the company assured that the restrictions would not impact its regular business operations.
