Indian equity markets have experienced a significant downturn, with Sensex and Nifty50 correcting around 14-15% since September. Despite the bearish trend, Nithin Kamath of Zerodha advises against stopping SIPs, emphasizing the benefits of long-term investing and cost averaging in varied market conditions.
Related news
Police discovered the body of Jagdeep, a yoga teacher missing for three months, buried in Charkhi Dadri. He was last seen being abducted by four men. The investigation revealed a motive of jealousy and revenge, alleging an affair with the main accused's wife. Two suspects are in custody, but the main suspect remains at large.
China has identified a new strain of the mutated monkeypox virus, clade 1b, traced to a traveler from the Democratic Republic of the Congo. Four related cases were found among close contacts. Authorities have urged citizens to report symptoms, avoid contact with infected individuals, and take precautions against rodents and primates.
Fahim Khan, accused of orchestrating the Nagpur riot on March 17, has been apprehended by police. The riot, sparked by rumors of effigies burnt near Shivaji Putla Square, resulted in extensive property damage and injuries. It led to curfews and a security clampdown just before Prime Minister Modi's visit, with over 50 arrests made.
During his official visit to the UK, EAM S Jaishankar faced heckling by Khalistani extremists at an event in London. The Ministry of External Affairs condemned the security breach and called on the UK government to meet their diplomatic obligations. The incident involved protesters tearing the Indian national flag while police officers appeared unresponsive.
Indian cricketer Riyan Parag addressed the viral controversy surrounding his YouTube search history after IPL 2024. Despite facing backlash, Parag stayed focused on his cricket career. He became the first cricketer from Assam to receive an India cap in July 2024, presented by his father. Determined, he continues to push forward.
India's decision to suspend the Indus Waters Treaty, a significant move against Pakistan, halts regulated water flow from western rivers, impacting Pakistan's irrigation and drinking water during peak summer. This action necessitates India increasing its water storage capacity and advancing hydro-electric projects to gain long-term water control, despite the treaty surviving multiple conflicts.
US immigration authorities have detained Indian researcher Badar Khan Suri from Georgetown University for alleged pro-Hamas activism, purportedly violating visa terms. Suri, with critical views on Israeli actions in Gaza, faces deportation. Georgetown University maintains Suri’s innocence and supports open inquiry. Suri’s lawyer decries the detention, emphasizing Suri's focus on peace-building.
ED conducted searches at former Chhattisgarh CM Bhupesh Baghel's premises in connection with a Rs 2,161 crore liquor scam and money laundering involving his son Chaitanya. Assets worth Rs 205 crore have been attached. The searches led to the discovery of significant cash and documents implicating various individuals.
A rescue operation in MP's Mauganj district turned deadly as a mob killed a hostage, Sunny Dwivedi, and an assistant sub-inspector. The chaos erupted when villagers, believing Sunny was responsible for an earlier death, became violent after discovering he had died during captivity. Several policemen were injured during the incident.
Home Minister Amit Shah convened a high-level security review in Jammu and Kashmir, emphasizing the government's commitment to eliminating terrorism. He lauded the collaborative efforts of security forces, resulting in decreased terrorist incidents and recruitment. Shah directed continued synchronized efforts, employing all available resources to achieve a terror-free J&K.