Indian Stock Markets Experience Decline
The Indian stock markets experienced a dip on Wednesday, September 4th, with both the Sensex and Nifty 50 ending in negative territory. This downturn was attributed to profit booking in shares of leading companies like ICICI Bank, Infosys, and Larsen & Toubro (L&T). The weak global economic indicators further contributed to the market’s negative sentiment. Concerns about a slowdown in the US economy, following weaker-than-expected August manufacturing numbers, also impacted the performance of several large IT stocks, including Infosys, TCS, and Wipro. These stocks experienced a 1-3% drop in intraday trading, dragging down the Nifty IT index by a percentage point.
National Medical Commission Sparks Controversy with Curriculum Changes
The National Medical Commission (NMC) has stirred controversy by reintroducing lesbianism as a ‘sexual offense’ in its curriculum. This move, which contradicts a 2022 Madras High Court directive that had removed this categorization, has raised concerns about the NMC’s approach to sexual health education. The revised forensic medical curriculum also includes teaching the ‘importance of the hymen’, ‘the definition of virginity and defloration’, raising further questions about the commission’s understanding of sexual health and bodily autonomy.
PM Modi Visits Singapore to Boost Bilateral Ties and Attract Investment
Prime Minister Narendra Modi embarked on a two-day visit to Singapore on Wednesday, September 4th, aimed at strengthening India-Singapore relations and attracting investment. His arrival was met with enthusiasm from the Indian diaspora in Singapore, who were surprised by PM Modi’s impromptu performance on the ‘dhol’, a traditional Indian drum. The visit comes shortly after Lawrence Wong assumed office as Singapore’s Prime Minister and marks PM Modi’s third term in office. This visit signifies the commitment of both countries to deepening their strategic partnership and promoting economic collaboration.
