Today’s news is a mix of market movements, political events, and unfortunate incidents. The Indian stock market witnessed a strong rebound, with the Sensex and Nifty 50 closing in the green. Meanwhile, the US gears up for its Presidential election, with polls opening across the country. In India, a bridge under construction for the ambitious bullet train project collapsed in Gujarat, raising concerns about safety.
A volatile day in the Indian stock market, with the Sensex and Nifty 50 falling sharply. Meanwhile, Ratan Tata’s will reveals details of his legacy, including provisions for his half-sisters, staff, and even his beloved German Shepherd. Read on for these and other top stories.
Indian markets closed in the red, with the Nifty 50 down 0.29%. Meanwhile, over 100 flights were disrupted by hoax bomb threats. India and China have completed a disengagement process at the border after four years of talks. Get the latest updates on these and other top stories.
Gold prices hit a new all-time high, exceeding $2,700 per ounce, while Indian markets saw a positive turn with Nifty 50 and Sensex ending their three-day losing streak. Former Delhi Health Minister Satyendar Jain was released from Tihar Jail on bail after two years. Meanwhile, the Maha Vikas Aghadi alliance in Maharashtra finalized a seat-sharing agreement for the upcoming elections. This news roundup also covers the latest financial reports and international developments.
The Indian stock market saw a mixed day on September 30th, with over 300 stocks hitting one-year highs while the Sensex and Nifty 50 declined. Meanwhile, SEBI approved IPO plans for companies like Swiggy and Hyundai Motor India. India’s current account deficit widened to 1.1% of GDP in Q1FY25, and core sector output contracted in August. Additionally, the Enforcement Directorate filed a money laundering case against Karnataka CM Siddaramaiah.
Indian stock markets reached new highs, fueled by strong performances from automakers. Accenture announced a $4 billion share buyback, reflecting robust demand for AI technology. Meanwhile, political tensions escalated as Sanjay Raut was sentenced to jail for defamation, and Karnataka withdrew its consent for CBI investigations, citing bias. The Supreme Court dismissed a review plea regarding the Bilkis Bano case, and Israel rejected a ceasefire proposal in its conflict with Hezbollah.
Monday, September 2nd, brought a flurry of news across India, from record-breaking stock market gains to government approvals for major projects and the launch of a new SUV. Read about these developments and more in this news roundup.
This news roundup covers key events from India, including the Nifty 50 reaching a new all-time high, the CCI approving the Reliance-Disney India merger, and President Droupadi Murmu’s statement on the recent rape-murder case in Kolkata. Additionally, we explore other important developments like the government’s plans for industrial smart cities and Zomato’s new corporate food ordering service.
The Nifty 50 index in India continued its winning streak, reaching new heights for the fifth consecutive day. Meanwhile, Prime Minister Narendra Modi received a warm welcome in Poland during his historic visit. In the pharma sector, the Nifty Pharma index reached a record high, driven by strong performance from companies like Divi’s Laboratories.
The global equity market saw a sharp decline, with the Sensex and Nifty 50 falling by over 3%. Meanwhile, Bangladesh witnessed protests that forced Prime Minister Sheikh Hasina to resign and flee the country. Gautam Adani, India’s second richest man, announced his retirement plans and succession strategy. In sports, Lakshya Sen lost the bronze medal at the Badminton Paris Olympics 2024. Akums Drugs and Pharmaceuticals IPO is set to list tomorrow.
