Smallcap stocks have seen a remarkable recovery with a ₹4 lakh crore increase over four days. Despite significant gains, many stocks still trade well below their peak levels. Analysts urge caution, noting high valuations and the potential for further market corrections.
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Uttar Pradesh chief minister Yogi Adityanath and the state cabinet participated in a holy dip at Maha Kumbh, while also holding a special cabinet meeting at Sangam. Samajwadi Party leader Akhilesh Yadav criticized the move as political, emphasizing that Kumbh should not be a venue for political decisions. Adityanath stated many important decisions would be made during the meeting.
A Trinamool Congress (TMC) leader and a party worker were critically injured in a shooting during a road inauguration event in West Bengal's Malda district. The incident occurred less than two weeks after a TMC councillor's murder in the same district. Police are investigating the attack.
Chandrasekhar Reddy, a former lecturer, and his wife reportedly killed their two children before taking their own lives due to financial struggles. Police recovered a suicide note detailing their hardships. The family, originally from Wanaparthy, had recently moved to Hyderabad. Investigations are ongoing, and a case has been registered.
In a significant step towards justice for the 26/11 Mumbai terror attacks, the United States has extradited Tahawwur Hussain Rana to India. Rana, a key accused, faces multiple charges including conspiracy and murder for his alleged role in the attacks. The extradition follows years of legal proceedings and marks a critical moment for the victims and their families.
There are 43 lakh cheque bounce cases pending in courts across India, with Rajasthan leading at 6.4 lakh cases. Cheque bounce cases face delays due to adjournments and lack of monitoring. The Supreme Court initiated a pilot study in five states to expedite case handling.
India and 62 other nations have agreed to a global carbon tax on commercial shipping, a sector responsible for 3% of global emissions and excluded from the Paris Agreement. Starting in 2028, ship owners must adopt cleaner fuels or face fines, with the generated funds dedicated to decarbonizing the shipping industry.
Hyderabad Police Commissioner CV Anand issued a stern warning to bouncers following a stampede at Sandhya Theatre during actor Allu Arjun's film premiere. Anand held VIPs responsible for their bouncers' actions and refused to comment on allegations against Arjun's team silencing the victim's family. Police recounted the chaotic events, alleging Arjun delayed his exit despite being informed of the fatality.
Uttar Pradesh Chief Minister Yogi Adityanath accused Congress and its allies of using billionaire George Soros's funds to influence the 2024 Lok Sabha elections, labeling it treason. He also criticized the Congress-led Karnataka government for implementing a religion-based reservation quota and defended his governance approach.
Uttar Pradesh CM Yogi Adityanath launched sharp attacks on Congress leader Rahul Gandhi, labeling him a 'namuna' and criticizing his Bharat Jodo Yatra. Adityanath accused the Congress party of hindering India's development and praised PM Modi for achievements like the Ram Mandir construction.
Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, crashed in trade on Monday. While BSE Sensex went below 77,200, Nifty50 was below 23,400.