Foreign portfolio investors (FPIs) have pulled Rs 4,285 crore from Indian equities in the first three days of January due to apprehensions about the third-quarter earnings season, high stock valuations, and global economic uncertainties. December 2023 had seen a net inflow of Rs 15,446 crore, highlighting current investor caution.
Related news
Security measures in Sambhal, UP were heightened ahead of Holi. Shahi Jama Masjid and nine other mosques along the procession route were covered with tarpaulins to prevent colors from reaching religious sites. Over 1,000 people were bound down as a precautionary measure to maintain peace. Officials and community representatives ensured communal harmony.
The Chandigarh Commission for Protection of Child Rights issued an advisory to singer-actor Diljit Dosanjh, restricting songs mentioning alcohol, drugs, or violence at his upcoming concert. This follows a similar notice in Telangana. The commission warned of penal action for non-compliance, citing potential harm to children. A complaint alleges Dosanjh used altered lyrics in previous performances despite similar restrictions.
Reliance Jio and Bharti Airtel have formed partnerships with Elon Musk's Starlink for distributing its satellite internet services in India. The deals mark a strategic shift for both telecom giants, previously opponents of satellite companies, and could enhance connectivity in remote areas pending regulatory approvals.
Australia's Steve Smith was dismissed for four runs, falling short of the 10,000 Test runs milestone during the fifth Test against India. Prasidh Krishna's delivery led to Smith's dismissal, with Yashasvi Jaiswal taking a remarkable catch. India was bowled out for 157 earlier, with Scott Boland claiming six wickets. ​​India’s pace spearhead Jasprit Bumrah, battling back spasms, was unable to bowl on Day 3.
A Delhi court granted interim bail for seven days to former JNU student Umar Khalid in the Delhi riots conspiracy case, allowing him to attend a family wedding. Khalid's lawyer questioned his inclusion as an accused, highlighting that others present at alleged conspiracy meetings weren't charged, despite some meetings being publicly documented on social media.
PM Modi has nominated 10 influential people, including J&K CM Omar Abdullah, businessman Anand Mahindra, and actor Mohanlal, to join a campaign against obesity. Modi encouraged the use of less cooking oil to improve health and invoked the nominees to further extend the initiative by nominating others.
The political rivalry between AAP and Congress in Delhi has intensified as Arvind Kejriwal and Rahul Gandhi engage in direct attacks. Accusations of corruption and alliances with the BJP are central to their dispute. This conflict could influence the cohesion and future of the opposition's INDIA bloc.
A major security breach in President Trump's administration revealed operational details of airstrikes against Yemeni Houthis via a leaked Signal chat. Top officials, including the defense secretary and national security adviser, were involved in the discussions. Despite the leak, the White House claims no classified information was compromised. This incident has raised concerns about the administration's handling of sensitive information.
Mohammad Usman, missing since 2012, was revealed to be in a Pakistani jail, leaving his family and authorities in shock. Police and intelligence agencies are probing his possible links to terrorism, as Deepa Sarai has a history of radical connections.
Pakistan head coach Aaqib Javed cited the lack of domestic four-day cricket as the reason for Shaheen Shah Afridi's absence from the Test lineup. Javed emphasised the need for fast bowlers to balance league and four-day matches to maintain their stamina for Test cricket. He also defended Pakistan's use of spin-friendly pitches to secure home victories.