Connect with us
Monday,22-July-2024
Breaking News

International News

Opening bell: Markets open in green amid positive global cues; Sensex at 62,889.90, Nifty at 18,609.90

Published

on

The markets on Monday opened higher with Sensex at 62,889.90, up by 388.21 points and Nifty was at 18,609.90 with a gain of 110.55 points. Mahindra and Mahindra, TCS, HDFC, IndusInd Bank and Wipro were the top gainers in the morning session.

The stocks of Adani Transmission, Rail Vikas Nigam, IRCTC, Torrent Power and NHPC will be in focus as the companies are announcing the results for the last quarter today.

Markets on Friday

Thanks to increased buying by Foreign Institutional Investors, Sensex surged 623 points to end the week at 62,496. Nifty also went up by 0.94 per cent to hit 18,495 points at close, buoyed by a rebound for global markets and gains made by US stocks.

Global markets

Wall Street shares on Friday after being on the lower end rose sharply as the US debt ceiling progressed and chip stocks gained for a second straight day due to optimism surrounding AI. The Nasdaq Composite rose by 2.19 per cent to 12,975.69, S&P 500 closed higher at 4,205.45 and the Dow Jones Industrial Average rose to 33,093.34.

With the US debt negotiations reaching closer to a deal the Asian markets on Monday were in green. Singapore’s SGX Nifty saw a gain of 159 points at 18,707, South Korea’s KOSPI was comparatively flat with a gain of 4.12 points at 2,558.81 and Japan’s Nikkei 225 was in the green with a gain of 159 points at 31,330.63. However, Hong Kong’s Hang Seng was at 18,723.72 with a drop of 23.20 points.

Oil prices

Oil prices on Monday were were higher after as United States leaders reached a tentative decision to avoid debt default. Brent crude futures went up by 39 cents to $77.34 per barrel and US West Texas Intermediate crude was at $73.12 per barrel with a gain of 45 cents.

Rupee

Indian rupee on Monday opened flat at 82.58 per dollar against Friday’s close of 82.57.

International News

India & Russia Are Working On Chennai-Vladivostok Eastern Maritime Corridor: PM Modi

Published

on

By

Moscow: Addressing Indians living in Russia, Prime Minister Narendra Modi on Tuesday at a community programme in Moscow said that India and Russia are working on the Chennai-Vladivostok Eastern Maritime Corridor.

PM Modi said that they are discovering each other through Ganga-Volga dialogue.

“Two years ago, the first commercial consignment also reached here from the North-South Transport Corridor… Now we are also working on Chennai-Vladivostok Eastern Maritime Corridor. Both our countries are discovering each other through Ganga Volga dialogue and civilization.”

PM Modi Recalls His Visit To Russia In The Year 2015

He recalled his visit to Russia in 2015 and said that he had then said that the 21st century would be a witness to India’s success and development. Today, the whole world believes the same and it is witnessing India’s growth.

“When I came here in 2015, I had said that the 21st century will belong to India. Experts and veterans of all fields say in unison that India is rapidly progressing.”

Prime Minister said that today, as ‘Vishwa Bandhu’, or ‘a friend to the world’. India is giving new confidence to the world.

“India’s growing capability has given the whole world a hope of stability and prosperity. India is being seen as a strong pillar of the new, emerging, multipolar, world order,” he said.

PM Modi On India

Prime Minister said that India is always the first country to provide aid whenever any country faces a crisis.

“When India talks about peace, dialogue and diplomacy, the whole world listens. Whenever the world faces a crisis, India is the first country to reach there,” he said.

External Affairs Minister S Jaishankar, Foreign Secretary Vinay Kwatra, and India’s Ambassador to Russia, Vinay Kumar also accompanied PM Modi to the event.

Earlier on Monday, Russian President Vladimir Putin and Prime Minister Narendra Modi held an informal meeting at the Novo-Ogaryovo residence of the Russian president near Moscow.

Continue Reading

International News

Iran-Pakistan Diplomatic Tensions Soar As Islamabad Expels Iranian Ambassador Following Tehran’s Missile Attack

Published

on

By

Following Iran’s launch of a barrage of missiles on Pakistan, Islamabad on Wednesday expelled the Iranian ambassador and recalled its ambassador from Tehran, Geo News reported.

“Pakistan has decided to recall its ambassador from Iran and that the Iranian Ambassador to Pakistan who is currently visiting Iran may not return for the time being,” Foreign Office spokesperson Mumtaz Zahra Baloch said while addressing a press briefing in Islamabad.

Earlier, Iran attacked the headquarters of a terrorist group opposed to Tehran with drones and missiles in Pakistan on late hours of Tuesday, Al Arabiya News reported citing Tasnim news agency.

Pakistan’s Ministry of Foreign Affairs said that the violation of Pakistan’s sovereignty is “completely unacceptable” and warned of serious consequences. It further said that Iran has taken this action despite the existence of several channels of communication between the two nations.

‘Responsibility for consequences will lie with Iran’

“Pakistan reserves the right to respond to this illegal act and the responsibility for the consequences will lie squarely with Iran,” Baloch said, adding that Islamabad had conveyed the message to the Iranian government.” The foreign ministry spokesperson said.

Formed in 2012, Jaish al-Adl, designated as a “terrorist” organisation by Iran, is a Sunni terrorist group that operates in Iran’s southeastern province of Sistan-Baluchistan, Al Arabiya News reported.

Over the years, Jaish al-Adl has launched numerous attacks on Iranian security forces. In December, Jaish al-Adl took responsibility for an attack on a police station in Sistan-Balochistan that claimed the lives of at least 11 police personnel, according to Al Arabiya News reported.

Sistan-Balochistan borders Afghanistan and Pakistan. The region has a history of clashes between Iran’s security forces and Sunni terrorists, as well as drug smugglers, Al Arabiya News reported.

Dawn news reported that last month, at least 11 Iranian police officers were killed in an attack overnight on a police station in the southeastern province of Sistan-Baluchestan. Iranian Interior Minister Ahmad Vahidi, while visiting the site, had urged Pakistan to prevent terrorist groups from establishing bases within its borders.

The attacks in Pakistan were carried out a day after Iran’s Islamic Revolutionary Guard Corps (IRGC) launched missiles into Iraq’s Kurdistan region at what it called an Israeli “spy headquarters” and at alleged ISIS-linked targets in Syria, the report said.

Continue Reading

disaster

Tsunami Waves Hit Japan After Powerful Earthquake, Terrifying

Published

on

By

Tokyo, January 1: Tsunami waves reportedly hit coastal areas of central Japan after a powerful earthquake of magnitude 7.5 shook the country on Monday, January 1. Several videos surfaced on social media showing tsunami waves hitting Niigata and Ishikawa prefectures of Japan. At least 21 earthquakes above 4.0 magnitude struck Japan after which the country issued tsunami warning.

According to the Japan Meteorological Agency, waves as high as 1.2 meters (four feet) slammed Wajima port in Ishikawa prefecture at 4:21 pm, local time. Waves of 80 cm reached Toyama Prefecture around 4:35 pm and waves of 40 meters also reached Kashiwazaki, Niigata Prefecture, at 4:36 pm, local time. It also reached Niigata’s Sado Island at 4:10 pm, local time.

Tsunami waves hit parts of Japan

One of the videos showed waves breaking over the seawall in Ishikawa prefecture. Another video showed a powerful wave hitting a car in Niigata prefecture.

Power outages hit Japan

The powerful earthquake disrupted power supply in parts of Japan. According to reports, hundreds of residents were left without electricity. As part of preventive measures, the authorities asked people to evacuate from coastal areas of Ishikawa, Niigata, Toyama and Yamagata prefectures and move to safer locations. Traffic authorities closed major highways near epicentre of the Japan earthquake.

Tsunami warnings were also issued for Niigata, Toyama, Yamagata, Fukui and Hyogo prefectures, also along the Japan Sea Coast. Meanwhile, Russia also declared tsunami threat for parts of Sakhalin’s western coast and urges residents to evacuate to higher ground after the Japan earthquake.

Continue Reading
Advertisement
Advertisement

Trending