Market sees volatility as foreign investors shift focus amid weak Q2 earnings Market Decline Continues as Foreign Investors Pull Out Indian stock markets are reeling from a wave of volatility, with the Sensex dipping below the 80,000 mark amid continuous foreign investor exits. On Friday morning, the Sensex dropped by 628.64 points, touching 79,436.52, while the NSE Nifty50 lost 254.30 points, trading at 24,145.10. This steep slide reflects growing caution among investors who have been shaken by weak Q2 earnings and a massive withdrawal of funds by Foreign Institutional Investors…
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Wave of Terror in Jammu & Kashmir: Four Attacks in Seven Days Spread Fear and Uncertainty
Recent violence targets Army personnel, laborers, and civilians, raising concerns over growing instability Ongoing Terror Strikes Leave Army Personnel Dead In the past week, Jammu and Kashmir has been rocked by a series of terror attacks, culminating in the tragic death of two soldiers and two army porters on October 24. The attack occurred in the Gulmarg region, where terrorists ambushed an Indian Army patrol vehicle near the Line of Control (LoC). The vehicle, from the 18 Rashtriya Rifles (RR), came under fire in Butapathri, sparking a gunfight that claimed…
Cyclone Dana Makes Landfall: Heavy Rain, Strong Winds Lash Odisha and Bengal
Cyclone Hits Odisha Coast, Brings Intense Winds and Rain Cyclone Dana, a severe tropical storm, made landfall on the Odisha coast, causing heavy rain and strong winds across multiple districts. The storm made landfall between Bhitarkanika in Kendrapara district and Dhamra in Bhadrak, bringing wind speeds of up to 110 kmph. The India Meteorological Department (IMD) reported that the cyclone’s landfall began late Wednesday night and is expected to last until Friday morning. Coastal districts like Bhadrak, Kendrapara, Balasore, and Jagatsinghpur are currently experiencing the brunt of the storm with…
Israeli Strike Kills Lebanese Soldiers as France Pledges $100 Million in Aid to Lebanon
Escalating Conflict in Lebanon The ongoing conflict between Israel and Hezbollah continues to spiral, claiming lives and causing widespread devastation in Lebanon. Amid this turmoil, France is stepping up its support for Lebanon, offering both financial aid and backing for the Lebanese military in a bid to stabilize the situation. French President Emmanuel Macron announced a $100 million aid package for Lebanon, aimed at assisting displaced populations and supporting efforts to resolve the conflict diplomatically. Israeli Strike on Lebanese Troops In the early hours of Thursday, an Israeli airstrike killed…
Tropical Storm Trami Claims 26 Lives in the Philippines, Forces 150,000 to Evacuate
Devastating Impact of Tropical Storm Trami Tropical Storm Trami, locally known as severe tropical storm Kristine, has claimed at least 26 lives and displaced over 150,000 people in the Philippines, officials reported on Thursday. The storm made landfall on the northeastern coast, bringing torrential rain and widespread destruction. Heavy Rains, Flooding, and Landslides The storm’s maximum sustained winds of 95 kph (59 mph) caused severe flooding and triggered deadly landslides, particularly in the main island of Luzon. The mountainous northern region of Cordillera was hit hardest, and the state weather…
Bill Gates Quietly Donates $50 Million to Kamala Harris Campaign: A Shift in Political Involvement
Bill Gates and His Philanthropy Bill Gates, co-founder of Microsoft and one of the world’s wealthiest individuals, has long been known for his extensive philanthropic work, particularly through the Bill & Melinda Gates Foundation. While Gates has made his mark by supporting global health, education, and poverty reduction, he has traditionally kept a distance from active political involvement, maintaining a neutral stance to work effectively with both sides of the political spectrum. However, recent reports suggest a significant shift in his approach, particularly regarding the upcoming U.S. presidential election. The…
SEBI Chief Controversy Causes Postponement of Key PAC Meeting!
SEBI Chief’s Exemption Request Sparks Controversy A crucial meeting of the Public Accounts Committee (PAC), set to review the performance of the Securities and Exchange Board of India (SEBI), was postponed on October 24. SEBI Chairperson Madhabi Puri Buch requested an exemption from attending due to personal reasons, which led to the delay. The meeting was intended to examine SEBI’s role in regulating India’s financial markets but took a political turn as tensions rose between committee members. PAC Chairman Postpones Meeting PAC chairman and Congress leader K C Venugopal decided…
Trudeau Faces Deadline from His Party: ‘Resign by October 28 or Face Consequences’
Canadian Prime Minister Justin Trudeau, already facing tensions with India, is now under pressure from his own party. Liberal MPs have given him an ultimatum: step down by October 28 or face unspecified consequences. This internal revolt is driven by growing concerns over the party’s declining popularity, with lawmakers pushing for a change in leadership to avoid electoral defeat. Growing Dissent Among Liberal Party Lawmakers Reports from the Canadian Broadcasting Corporation (CBC) indicate that around 24 Liberal Party lawmakers have signed a document urging Trudeau to step down. In recent…
India’s Unparalleled Geopolitical Standing Highlighted at BRICS Summit
The recently concluded BRICS Summit in Kazan, Russia, has underscored India’s growing geopolitical influence and its unique position on the global stage. According to Ian Bremmer, a leading political risk expert, India currently holds the “best geopolitical position globally.” This assessment comes in light of India’s leadership role in the Global South, its stabilizing relations with China, and its friendly ties across the G7, with the exception of Canada. As India continues to navigate complex global dynamics, it finds itself in an unparalleled position, balancing relationships with major global powers.…
Cyclone Dana to Make Landfall Tonight: Odisha and West Bengal Brace for Impact
Cyclone Dana, a severe cyclonic storm, has formed over the east-central Bay of Bengal and is expected to make landfall along the Odisha coast tonight. According to the Indian Meteorological Department (IMD), the cyclone will bring winds reaching 100-120 km/h, with the impact likely to extend across both Odisha and West Bengal. The storm is set to make landfall near Bhitarkanika and Dhamra, placing both states on high alert. Authorities have already begun evacuations and suspended transportation services in preparation for the storm’s arrival. Government Preparedness: Odisha’s Action Plan The…