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Showing posts from September, 2024

Sensex tumbles 464 points to 85,107 in early trade; Nifty declines 133 points to 26,045

  Benchmark indices declined in early trade on Monday amid foreign fund outflows and a largely weak Asian markets where the Japan's Nikkei index tanked nearly 5 per cent. Markets were also dragged by decline in frontline stocks like ICICI Bank and Reliance Industries. The BSE Sensex tumbled 464.22 points to 85,107.63 in early trade. The NSE Nifty tanked 133.85 points to 26,045.10. From the 30 Sensex firms, Tech Mahindra, Mahindra & Mahindra, ICICI Bank, Reliance Industries, Axis Bank and UltraTech Cement were among the major laggards. Tata Steel, JSW Steel, NTPC, Titan, Hindustan Unilever and Asian Paints were among the gainers. In Asian markets, Seoul and Tokyo were trading lower while Shanghai and Hong Kong traded in the positive territory. Japan's benchmark Nikkei 225 index tanked nearly 5 per cent early on Monday. The US markets ended on a mixed note on Friday. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,209.10 crore on Friday, according to exch...

Sensex tumbles 464 points to 85,107 in early trade; Nifty declines 133 points to 26,045

  Benchmark indices declined in early trade on Monday amid foreign fund outflows and a largely weak Asian markets where the Japan's Nikkei index tanked nearly 5 per cent. Markets were also dragged by decline in frontline stocks like ICICI Bank and Reliance Industries. The BSE Sensex tumbled 464.22 points to 85,107.63 in early trade. The NSE Nifty tanked 133.85 points to 26,045.10. From the 30 Sensex firms, Tech Mahindra, Mahindra & Mahindra, ICICI Bank, Reliance Industries, Axis Bank and UltraTech Cement were among the major laggards. Tata Steel, JSW Steel, NTPC, Titan, Hindustan Unilever and Asian Paints were among the gainers. In Asian markets, Seoul and Tokyo were trading lower while Shanghai and Hong Kong traded in the positive territory. Japan's benchmark Nikkei 225 index tanked nearly 5 per cent early on Monday. The US markets ended on a mixed note on Friday. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,209.10 crore on Friday, according to exch...

UN cannot be central platform for finding common ground by remaining 'anachronistic': S Jaishankar

 United Nations: Giving a clarion call for reform of the United Nations, External Affairs Minister S Jaishankar on Saturday said it cannot remain “anachronistic” and it is "essential" for the world body to be more representative and fit for purpose in the contemporary era. ADVERTISEMENT “The global order is inherently pluralistic and diverse. The UN began with 51 members. We are now 193. The world has changed profoundly, and so have its concerns and its opportunities,” Jaishankar said in his address to the General Debate of the 79th session of the UN General Assembly. He said for the UN to address both the concerns and challenges of the world, and to strengthen the order itself, “it is essential that the UN be the central platform for finding common ground”. Jaishankar, however, cautioned that the UN certainly cannot be such a platform “by remaining anachronistic". “Large parts of the world cannot be left behind when it comes to deciding the key issues of our times. An e...

EAM S Jaishankar at UNGA urges action on Ukraine, Gaza conflict; says ‘world can’t be fatalistic’

 In his address to the UN General Assembly, India’s External Affairs Minister S. Jaishankar called for immediate solutions to ongoing global conflicts, particularly in Ukraine and Gaza. He condemned Pakistan's cross-border terrorism as "karma" for its actions and criticized unviable development projects, implicitly referencing China’s Belt and Road Initiative. Jaishankar emphasized the necessity of international cooperation to restore trust and address the interconnected challenges facing the world. Minister for External Affairs Subrahmanyam JaishankarAP India's Minister for External Affairs Subrahmanyam Jaishankar addresses the 79th session of the United Nations General Assembly. During the 79th session of the UN General Assembly, India's External Affairs Minister S. Jaishankar emphasized that the international community must not adopt a fatalistic approach to ongoing violence. He stated, “The world cannot be fatalistic about the continuation of violence on a lar...

Hassan Nasrallah, the cleric who lived and died in war

 When Hassan Nasrallah, then 32, became the Secretary-General of Hezbollah in 1992, after the assassination of the group’s leader and co-founder Abbas al-Musawi, one of the first things he did was to order rocket attacks into northern Israel. A car bomb hit the Israeli embassy in Turkiye, killing a security officer, while a suicide bomber blew himself up at the Israeli embassy in Buenos Aires, Argentina, killing 29 people. Israel invaded Lebanon in 1982 to push the Palestine Liberation Organisation out of the country. It did so, but the war led to the rise of Hezbollah, which turned out to be a greater security challenge than the PLO. In 1992, when Israel killed Musawi, what it wanted to do was deal a lethal blow to Hezbollah. But Musawi’s successor sent a message in unmistakable terms that he would double down on Hezbollah’s resistance. The rocket attacks and embassy bombings were just the beginning of Hezbollah’s violent resistance under Mr. Nasrallah, who would turn the organisa...

Middle East crisis live: Israel says it has killed another senior Hezbollah figure as bombardment of Lebanon continues

 The Israeli military said in a post on X that it killed top Hezbollah leader, Nabil Kaouk, one of the few remaining senior leaders of the organisation. Kaouk was reportedly one of those being considered to succeed Hassan Nasrallah, who was killed by an Israeli airstrike in Beirut on Friday, as the head of Hezbollah.     אתמול, צה״ל חיסל את המחבל נביל קאווק, מפקד יחידת הביטחון המונע של חיזבאללה וחבר המועצה המרכזית של חיזבאללה.     מטוסי קרב של חיל האוויר בהכוונה מדויקת של אמ"ן, תקפו וחיסלו את המחבל נביל קאווק>>     — צבא ההגנה לישראל (@idfonline) September 29, 2024 The choices of who will now lead the organisation are narrowing, with analysts suggesting that Hashim Safieddine, the head of Hezbollah’s executive council, is the favored pick. Naeem Qassem, the deputy secretary general of the organisation, is also reportedly in the running. Kaouk’s death is a further blow to Hezbollah’s leadership, already decimated from a relentless I...

Iran Spy Told Israel Hezbollah Chief's Location Before Airstrike: Report

 Hours before Hezbollah leader Sayyed Hassan Nasrallah was killed in an airstrike in Lebanon's Beirut, an Iranian mole informed Israeli authorities of his location, French newspaper Le Parisien has reported. Citing a security source in Lebanon, the report said the mole had informed Israeli authorities that Nasrallah would be at Hezbollah's underground headquarters in Beirut's southern suburbs to attend a meeting with several top members of the organisation. Around 1.30 pm IST yesterday (11 am Lebanon time), Israel Defence Forces said in a post on X, "Hassan Nasrallah will no longer be able to terrorize the world." Later in the day, Hezbollah confirmed the news. "Sayyed Hassan Nasrallah... has joined his great, immortal martyr comrades whom he led for about 30 years," it said in a statement. How Israel Boosted Spies In Fight Against Hezbollah According to a report in The New York Times, Israel's recent successes against Hezbollah are a direct result o...

Hezbollah chief's killing sparks protest in J&K, Mehbooba Mufti calls him martyr

 Protests erupted in Jammu and Kashmir on Saturday as people hit the streets condemning the killing of Hezbollah Chief Hassan Nasrallah in an airstrike by Israel in Beirut, Lebanon. A protest march held in Budgam witnessed a large number of people, including women and children, holding portraits of the Hezbollah chief. Similar protests were held in Sringar's old city, and other areas of the state, after Israel announced the killing of the 64-year-old leader of the terrorist group, which was later confirmed by the outfit. Former Jammu and Kashmir Chief Minister Mehbooba Mufti meanwhile announced that her Peoples Democratic Party’s (PDP)'s campaign for the Assembly election will be called off on Sunday, to condemn the killing of Hezbollah chief Hassan Nasrallah. She asserted that her party stands with people in Lebanon and Gaza. "Cancelling my campaign tomorrow in solidarity with the martyrs of Lebanon & Gaza especially Hassan Nasarullah. We stand with the people of Pale...