The Budget proposals led to a muted response on Dalal Street, with the Sensex closing slightly up and Nifty down. Extreme bullish sentiment in certain sectors was balanced by strong selling in others. Market experts believe the Budget's long-term policies will positively impact the economy and stock market.
Related news
The Bombay High Court granted relief to former SEBI chairperson Madhabi Puri Buch and five other officials, instructing the ACB not to file an FIR against them until March 4. This follows a special court's order based on a complaint of regulatory lapses during a 1994 company listing. SEBI and BSE have dismissed the allegations as unfounded.
A road accident near Gangasagaram village in Chittoor district resulted in the death of four persons and injuries to 15 others. A private bus traveling from Tirupati to Tamil Nadu's Madurai and Trichy overturned after the driver lost control while avoiding a stationary truck. Injured passengers were taken to nearby hospitals for treatment. An inquiry has been ordered to ensure accountability.
Yuzvendra Chahal's exceptional spin bowling led Punjab Kings to a stunning victory over Kolkata Knight Riders in a low-scoring thriller. Chahal's match-winning 4/28, achieved despite a shoulder niggle, turned the game around after PBKS defended a mere 111 runs. His performance propelled him to the top of the IPL wicket-takers list with 211 scalps.
Karnataka high court has stayed proceedings against IIM Bangalore officials in a caste-discrimination case, citing that the Directorate of Civil Rights Enforcement lacked authority to investigate harassment claims. The case involves allegations by Dalit associate professor Gopal Das against IIM-B faculty. A separate FIR filed by Mico Layout police against the faculty members is also being challenged.
Congress leader Malliakarjun Kharge intends to pursue legal action against BJP's JP Nadda and Kiren Rijiju for allegedly making false claims that Congress is providing reservations based on religion in Karnataka. This follows a heated debate in Parliament over the issue, with Kharge asserting that the BJP is raising the issue to distract from its corruption.
Prime Minister Narendra Modi criticized the Nehru-Gandhi family, accusing them of repeatedly violating the Constitution. He asserted that his government's decisions over the past decade aimed to strengthen India's unity, aligning with the Constitution's vision. Modi defended policies like the Citizenship Amendment Act and the revocation of Article 370, while advocating for a Uniform Civil Code.
Former Mumbai Indians captain Rohit Sharma is struggling to find form in this year's Indian Premier League (IPL). He has scored just 82 runs in six innings at a dismal average of 13.66. The opener's 26 off 16 balls against Sunrisers Hyderabad was his highest this season.
Chief Minister Yogi Adityanath's posters at a rally in Kathmandu supporting the former Nepal king sparked a stir, highlighting the historical ties between Gorakhsh Peeth and the Shah Dynasty. Yogi has previously advocated for Nepal's Hindu nation status. A follower, Pradeep Bikram Rana, fled to Gorakhpur, citing persecution in Kathmandu.
Calls for renegotiations emerge within the INDIA bloc after BJP's significant win in the Delhi election, attributed to discord between Congress and AAP. Alliance partners stress the need for unity to effectively challenge BJP's dominance, highlighting internal divisions' role in electoral outcomes.
A senior aide of Bangladesh's interim government head Muhammad Yunus clarified that Muhammad Yunus' remark about India's seven northeastern states was made with honest intentions and misinterpreted. The statement stirred strong reactions in India. Bangladesh seeks a possible meeting between Yunus and PM Modi at the upcoming BIMSTEC Summit.