Sensex surges over 400 points in early trade, Nifty above 10,300

After touching a high of 35,170.08 in early trade, the 30-share index was trading 421.66 points, or 1.21 per cent, higher at 35,153.39. Similarly, NSE Nifty surged 122.95 points, or 1.20 per cent, to 10,367.35.  Bajaj Finserv was the top gainer in the pack, rising around 7 per cent, followed by Bajaj Finance, Bajaj Auto, IndusInd … Read more

Defence Minister Rajnath Singh to attend Victory Parade in Russia

The Parade is organised to honour the heroism and sacrifices made by the Russian and other friendly people.  Russian Defence Minister Sergey Shoigu had invited Mr Singh to the Victory Parade, which was originally scheduled on the 9th of May but was postponed due to the COVID-19 pandemic.  Separately, a Tri-Service 75- Member Indian Military … Read more

India becomes 12th largest holder of US govt securities at April end

The data from the US Treasury Department showed that after significantly reducing the exposure in March to 156.5 billion dollars, India marginally hiked the holding by 0.9 billion dollars to 157.4 billion dollars the next month.  While the holding touched a record high of 177.5 billion dollars in February, the same was drastically reduced in … Read more

5.8 magnitude earthquake hits Bangladesh

According to the Bangladesh Met Department, the 5.8 magnitude earthquake that took place at 0440 hours on Monday. It was centred on the India-Myanmar region 301 kilometres south east of Dhaka. No damage to property or casualty has been reported from anywhere so far.