Global markets tumble 10 pc amid US recession fears

Mumbai (IANS) Global markets were in the deep red on Monday as the US economic slowdown weighed heavily on the financial markets. 

Heavy selling pressure was seen in all major Asian markets. Japan crashed by 10 per cent, Seoul tumbled over…

India's biz activity surges to 7-month high in Feb

New Delhi (IANS) India's services sector continued to grow at a robust pace in July on the back of strong demand, which led to higher job creation during the month, according to an HSBC survey released on Monday. 

The HSBC final India Services…

Sensex crashes 2,222 points, investors lose over Rs 16 lakh crore

Mumbai (IANS) Indian equity indices closed in the deep red on Monday following US recession fear in the global markets. 

At closing, Sensex fell 2,222 points or 2.74 per cent to 78,759 and Nifty fell 662 points or 2.68 per cent to 24,055.

PM Hasina has resigned, interim govt to be formed: B'desh Army chief

Dhaka (IANS) Bangladesh Prime Minister Sheikh Hasina has resigned, and an interim government will be formed to run the country, Army Chief General Waker-Uz-Zaman announced on Monday. 

In a televised address to the nation, General Waker-Uz-Zaman…

'All aspirations will be fulfilled in coming days', PM Modi assures people of J&K & Ladakh

Srinagar (IANS) Prime Minister Narendra Modi on Monday assured the people of J&K and Ladakh that the government would work to fulfil all their aspirations in the days to come. 

In a post on X, PM Modi said, “Today we mark five years since the…

Hezbollah launches barrage of rockets at Israel, sparks fears of war in the region

Beirut (IANS) The tension in the Middle East has escalated as Iran and its allies readied their response to the assassination of Hamas's political leader, blamed on Israel, spareking fears of a regional war, media reported. 

Israel's…

Cloudburst in J&K's Ganderbal, Srinagar-Leh highway blocked

Srinagar (IANS) The Srinagar-Leh highway was closed on Sunday after mudslides, triggered by a cloudburst in J&K’s Ganderbal district, said officials here, adding that there were no reports of any loss of life. 

Officials said that the cloudburst…

Mamata Banerjee dials Hemant Soren, discusses 'evolving flood situation'

Kolkata (IANS) West Bengal Chief Minister Mamata Banerjee on Sunday spoke to her Jharkhand counterpart Hemant Soren over the "evolving flood situation" in the state due to the release of water from Tenughat dam in the neighbouring state. 

"Just…

Centre to overhaul Waqf Act, check its powers & increase women representation

New Delhi (IANS) The Centre is likely to bring a bill soon in Parliament seeking several amendments to the Wakf Act, which may cut its 'unfettered' powers to call any property its asset, and also ensure representation for women. 

According…

India can play key role to solve global hunger & malnutrition woes: PM Modi

New Delhi (IANS) Prime Minister Narendra Modi on Saturday said that India has emerged as a food surplus country with a robust agriculture sector and was ready to share its experience to help solve the global problem of hunger and malnutrition amid…