Overview

Indian stock market opens flat, PSU bank shares lead

Indian stock market opens flat, PSU bank shares lead

The Indian stock market opened almost flat on Tuesday as buying was seen in the PSU bank sector in early trade.

At around 9:46 am, the Sensex was trading at 80,349.11 after rising 101.03 points or 0.13 per cent, while the Nifty was trading at 24,302.85 after rising 26.80 points or 0.11 per cent.

The market trend remained positive. On the National Stock Exchange (NSE), 1,864 stocks were trading in green, while 421 stocks were in red.

According to market experts, the underlying resilience of the market is evident in its ability to bounce back. Market is focusing not on the GDP growth slowdown but on the likely policy response to this slowdown.

"Banking stocks bouncing back yesterday indicates that the market is expecting a CRR cut on Friday, which will boost the profitability of banks," they added.

One terrorist killed in ongoing gunfight in J&K’s Srinagar

One terrorist killed in ongoing gunfight in J&K’s Srinagar

One terrorist was killed on Tuesday in an ongoing gunfight with the security forces in Jammu and Kashmir’s Srinagar district.

Officials said that one terrorist has been killed so far in the ongoing anti-terrorist operation by the security forces in the upper reaches of the Harwan mountain belt of the Srinagar district.

“The operation is still going on in the area,” the officials said.

Firing exchanges had taken place late Monday evening between the security forces and terrorists in the upper mountain belt.

“These firing exchanges started during a CASO (Cordon & Search Operation) launched by the security forces after specific input about the presence of terrorists in the area.

“One terrorist has been killed in this operation so far. The cordon around the area where terrorists are believed to be hiding has been tightened. The operation was resumed with the first light on Tuesday morning,” the officials said.

Holders Man Utd to face Arsenal in FA Cup third round, Villa to host West Ham

Holders Man Utd to face Arsenal in FA Cup third round, Villa to host West Ham

Holders Manchester United have been drawn to face Arsenal in the third round of this season's FA Cup. The third-round ties will be played over the weekend of January 10-13, with the FA yet to confirm the full schedule.

It will be the 17th occasion that 14-time winners Arsenal and Man Utd, who have lifted the FA Cup 13 times, have met in the competition, including the 1979 and 2005 finals, which were both won by the Gunners.

In the other all-Premier League tie, seven-time FA Cup winners Aston Villa host West Ham United. The clubs have met three times in the competition, Villa winning twice and losing once.

Premier League leaders Liverpool have been drawn at home to League Two Accrington Stanley. Manchester City, who won trophy seven times in total, will take on the League Two side Salford City.

UN chief calls for immediate cessation of hostilities in Syria

UN chief calls for immediate cessation of hostilities in Syria

UN Secretary-General Antonio Guterres calls for an immediate cessation of hostilities amid the recent escalation of violence in Syria, his spokesman said.

Guterres is alarmed by the recent escalation of violence across northwest Syria, Stephane Dujarric, spokesperson for the UN chief, said on Monday in a daily press briefing.

The UN Secretary-General called for an immediate cessation of hostilities, reminded all parties of their obligations under international law, including humanitarian law, and urged an immediate return to the UN-facilitated political process in line with Security Council resolution 2254 (2015).

Guterres' statement came after Hayat Tahrir al-Sham, a group designated as a terrorist group by the Security Council, and its allied opposition factions launched a major rebel offensive last week in northwest Syria's Aleppo and shifted frontlines that had been static since 2020, news agency reported.

Jackie Shroff remembers late icon Dev Anand on 13th death anniversary

Jackie Shroff remembers late icon Dev Anand on 13th death anniversary

On Dev Anand’s 13th death anniversary on Tuesday, veteran actor Jackie Shroff remembered the late icon and paid a heartfelt tribute to the star.

Jackie shared a video montage of Dev Anand featuring his iconic moments from his films including “Johny Mera Naam”, a track “Main Zindagi Ka Saath Nibhaata Chala Gaya”, “Aankhon Hi Aankhon Mein” and “Khoya Khoya Chand”

Jackie captioned the post: “Remembering Dev Saab 26 Sept 1923 - 3 Dec 2011.)

Dev Anand is considered as one of the greatest and most successful actors in the history of Indian cinema. Over a career spanning six decades, the star had worked in over 100 films. He made his debut in 1946 with “Hum Ek Hain”, a film about Hindu-Muslim unity.

He had his first commercial success in Ziddi in 1948 and gained widespread recognition with the blockbuster crime thriller Baazi 1951, which is regarded as the forerunner of the spate of "Bombay Noir" films that followed in Bollywood in the 1950s.

US chip export curbs on China to have limited impact on South Korea

US chip export curbs on China to have limited impact on South Korea

The United States' latest export control package against China is expected to have only a limited impact on South Korea's semiconductor industry, officials said on Tuesday, citing local businesses' low dependence on the Chinese market in the sector.

The U.S. Commerce Department's Bureau of Industry and Security unveiled the package on the Federal Register, which includes restrictions on exports of high-bandwidth memory (HBM) chips to China.

The US also announced new controls on 24 types of semiconductor manufacturing equipment and three types of software tools for developing or producing semiconductors.

"There could be some impact on South Korean firms producing HBMs, but we can minimise the fallout by shifting to export methods allowed under U.S. regulations," the Ministry of Trade, Industry and Energy said in a statement, reports YOnhap news agency.

All set for PM Modi visit to Punjab Engineering College today

All set for PM Modi visit to Punjab Engineering College today

The UT Administration has made tight security arrangements for Prime Minister Narendra Modi’s visit to Punjab Engineering College (PEC) in Sector 12 here on Tuesday. Around 4,000 police personnel and 10 paramilitary units have been deployed across the city to maintain law and order.

The Prime Minister will arrive at the old airport around 11:25 am. From there, he is expected to fly by an MI-17 helicopter to the Rajindra Park helipad, Sector 1, and then travel by road to PEC, which is less than 1 km away.

Home Minister Amit Shah, who arrived in the city on Monday evening, will also attend the event along with Punjab Governor-cum-UT Administrator Gulab Chand Kataria and senior officials from the Administration and Police Department.

Newly recruited IPS officers from across the country have been invited to witness a presentation by the Chandigarh Police on the integration and functioning of new criminal law applications.

US Great Lakes region gets more snow: Forecasters

US Great Lakes region gets more snow: Forecasters

Parts of the Great Lakes region in the United States saw new snow and faced the prospect of even more this week after American travellers battled harsh weather to get home after Thanksgiving, forecasters said.

Snow showers fell in western Michigan overnight, and heavier, persistent snow of up to a foot (30 centimetres) was expected to follow on Monday, according to the US National Weather Service.

More snow is expected on Wednesday and Thursday, along with gusty winds and freezing temperatures, reports news agency, quoting The Associated Press.

Nearly 4 feet (1.2 metres) of lake-effect snow -- caused by warm, moist air blowing across the Great Lakes -- fell over the weekend on upstate New York and parts of Pennsylvania and Michigan.

Zelensky, Scholz meet on military, diplomatic support for Ukraine

Zelensky, Scholz meet on military, diplomatic support for Ukraine

Ukrainian President Volodymyr Zelensky and German Chancellor Olaf Scholz met here to discuss military and diplomatic support for Kyiv in the coming months, Zelensky's press service said.

The talks focused on bilateral cooperation between Ukraine and Germany and collaboration with other partners, according to a statement on Monday on the presidential website, news agency reported.

Zelensky expressed gratitude to Scholz for Germany's continued military support, including the provision of Patriot and IRIS-T air defence systems, as well as Gepard anti-aircraft guns.

Zelensky also welcomed Germany's latest military aid package worth 650 million euros (about $683 million), which is set to be delivered this month.

Delhi records AQI of 274, air quality continues to remain 'poor'

Delhi records AQI of 274, air quality continues to remain 'poor'

The national capital continued to suffer from toxic air, with the average Air Quality Index (AQI) in Delhi recorded as 'poor' on Tuesday.

According to the Central Pollution Control Board (CPCB), the average AQI of Delhi-NCR was at 274 points till 7:30 a.m.

In eight areas of the city, the AQI level remained between 300 and above 400 -- 305 in Bawana, 307 in Jahangirpuri, 325 in Mundka, 304 in Nehru Nagar, 303 in RK Puram, 302 in Rohini, 342 in Shadipur, 306 in Siri Fort.

While in other and most areas of Delhi, the AQI level remained between 200 and above 300 -- Alipur (272), Anand Vihar (293), Ashok Vihar (285), Chandni Chowk (249), Mathura Road (235), Dr Karni Singh Shooting Range (293), DTU (265), Dwarka Sector 8 (299), IGI Airport (257), Dilshad Garden (262), ITO (235), Jawaharlal Nehru Stadium (250), Lodhi Road (232), Major Dhyanchand Stadium (271), Mandir Marg (262), Najafgarh (237), Narela (260), North Campus DU (261), NSIT Dwarka (252), Okhla Phase 2 (278), Patparganj (271), Punjabi Bagh (252), Pusa (248), Sonia Vihar (289) and Sri Aurobindo Marg (238).

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