BRIDGE SLAB FALL CUTTACK
Wall St futures soar after US-China agree to pause most of their sharp tariff increases
U.S. futures surged Monday after the U.S. and China announced they were suspending for 90 days most of the sharp tariff hikes each has imposed since U.S. President Donald Trump began escalating his trade war.
As you slept, gold prices fell; here’s what happened
Gold prices drop as the US-China tariff deal eases global trade tensions, leading to a sharp 3% fall in spot gold to $3,223.57 an ounce—its lowest level since May 1. The 90-day agreement to cut reciprocal tariffs by 115% pushed the U.S. dollar higher, reducing investor demand for safe-haven assets like gold. Analysts say short-term volatility will remain, but central banks might use this dip to increase gold holdings. With U.S. CPI data around the corner, all eyes are on the Federal Reserve’s next move. This developing story could impact gold prices even further.
Sensex rises! But these stocks are down 5% or more on BSE
In the Nifty pack, 49 stocks were trading in the green, while 1 stocks were trading in the red.
Navigating market volatility and tax efficiency: Understanding income plus arbitrage funds of funds
In a nation where fixed deposits have long been the cornerstone of conservative investing, India's debt market is evolving, offering sophisticated avenues for investors seeking stability without sacrificing tax efficiency.
A 140 million-year-old lost continent beneath Europe and the Alps connection
Scientists have unearthed Greater Adria, a lost continent the size of Greenland, hidden beneath Southern Europe for 140 million years. Advanced geological software reconstructed tectonic plate movements, revealing its breakaway from North Africa and subsequent subduction. Remnants of Greater Adria now form parts of the Alps, Apennines, and mountains of Greece and Turkey, offering insights into Earth's dynamic processes.
Assam CM inaugurates pipeline natural gas supply project for Guwahati residents
Assam Chief Minister Himanta Biswa Sarma inaugurated a project to supply natural gas via pipeline to Guwahati, benefiting 101 households initially. He also launched Barak Valley's first CNG station and laid the foundation for piped gas supply in other regions. The project, with a Rs 2,616.95 crore investment, aims to expand natural gas access across multiple districts by 2028.
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Can India create an effective framework to bridge the skill gap in its workforce?
India is developing a unified framework to track skill demand and supply, addressing shortages and gaps by incorporating technical, cognitive, and socio-emotional skills. The MSDE-NCAER study proposes continuous monitoring and forecasting, using high-growth sectors and aligning with national classifications. To fully operationalize the framework, improvements to data collection and active involvement of Sector Skill Councils are needed.
Assam cancels Bihu functions amid heightened security measures along India-Bangladesh border
Following India-Pakistan tensions, northeastern states are enhancing security. Assam Chief Minister Himanta Biswa Sarma requested Bihu functions be cancelled from May 10. Meghalaya imposed a night curfew along the Bangladesh border. Tripura increased border surveillance. Sikkim is also on high alert and is taking proactive measures. BSF is using electronic gadgets for vigilance.
Supreme Court upholds toll-free status for DND Flyway, ending controversy over toll charges
The Supreme Court upheld its decision to keep the DND flyway toll-free, dismissing a review petition by the Noida Toll Bridge Company. The court emphasized that the company had already recouped its investment and profited significantly, deeming further toll collection unfair to the public. NTBCL is considering further legal options to protect its interests and investors.
DND flyway to remain toll free as SC junks Noida Toll Bridge Co's review plea
The DND flyway will remain toll-free. The Supreme Court dismissed Noida Toll Bridge Company's review petition. This upholds an earlier decision halting toll collection on the Delhi-Noida Direct flyway. The court cited a CAG report indicating the company had already recovered costs and profits. The court criticised NOIDA for allowing indefinite exploitation of users.
Sensex falls! These stocks fell 5% or more in Friday's session
In the Nifty pack, 11 stocks closed in the green, while 39 stocks ended in the red.
Sensex falls! These stocks are down 5% or more on BSE
In the Nifty pack, 9 stocks were trading in the green, while 41 stocks were trading in the red.
Rupee falls 30 paise to 85.88 against US dollar in early trade
The Indian Rupee weakened against the US dollar due to rising tensions between India and Pakistan. The rupee fell to 85.88, a 30 paise drop. Military actions along the border heightened market concerns. Investors are seeking safe-haven assets. The stock market also experienced a decline.
Sensex falls! These stocks fell 5% or more in Thursday's session
In the Nifty pack, 13 stocks closed in the green, while 37 stocks ended in the red.
India-Pakistan conflict pushes rupee to worst day in over two years
The Indian rupee weakened sharply to log its steepest fall in more than two years on Thursday as the ongoing India-Pakistan conflict hurt the currency alongside the country's bonds and equities.
RBI bumper Rs 3.5 trillion payout to help offset weak revenues, analysts say
Reserve Bank of India may give a record dividend to the government. This could offset tax revenue shortfalls due to slow growth. Economists predict a payout between 3 to 3.5 trillion rupees. The windfall will help bridge the gap in tax collections. Government can use this to increase spending on social welfare.
Sensex rises! But these stocks are down 5% or more on BSE
In the Nifty pack, 20 stocks were trading in the green, while 30 stocks were trading in the red.
Games of skill not gambling: Online gaming cos tell SC as they challenge Rs 1.12 lakh cr tax demand
Online gaming companies challenge the retrospective application of 28% GST, arguing that games of skill shouldn't be equated with gambling. They contest the tax levy on actionable claims, citing established legal precedents. The Supreme Court is hearing petitions against show-cause notices totaling ₹1.12 lakh crore issued to online gaming firms and casinos for alleged tax evasion.
Sensex rises! But these stocks fell 5% or more in Wednesday's session
In the Nifty pack, 25 stocks closed in the green, while 25 stocks ended in the red.
Sensex falls! These stocks are down 5% or more on BSE
In the Nifty pack, 18 stocks were trading in the green, while 32 stocks were trading in the red.
Sensex falls! These stocks fell 5% or more in Tuesday's session
In the Nifty pack, 19 stocks closed in the green, while 31 stocks ended in the red.
J-K: Development activities in full swing in Rajouri amid rising tensions with Pakistan
Rajouri district's Nowshera sub-district, near the LoC, is experiencing accelerated development with infrastructure projects addressing long-standing needs. A significant motorable bridge, a demand since 1947, is under construction to connect isolated panchayats.
Sensex falls! These stocks are down 5% or more on BSE
In the Nifty pack, 18 stocks were trading in the green, while 32 stocks were trading in the red.
Howrah-Chennai Amrit Bharat Express: All you need to know about the route, prices, timings and other key details
Indian Railways will introduce the Howrah-Chennai Amrit Bharat Express as part of a larger rollout of 50 such trains in the 2025-26 financial year. This bi-weekly train will traverse 1,662 km via Visakhapatnam, completing the journey in under 26 hours. With a maximum speed of 130 km/h, it will offer Sleeper Class tickets for approximately Rs 800.
Watch Kempty Falls in Mussoorie erupt after heavy rain: Red alert issued for Uttarkashi
Heavy rainfall caused Kempty Falls in Mussoorie, Uttarakhand to overflow. Dramatic visuals circulated online. Debris and stones tumbled into the waterfall. A red alert is in effect for Uttarkashi for the next three days. Heavy rain, hailstorms, and snowfall are expected. Similar conditions are likely in other districts. The IMD issued an alert for several regions.
Sensex rises! But these stocks are down 5% or more on BSE
In the Nifty pack, 42 stocks were trading in the green, while 8 stocks were trading in the red.
NF Railways, IIT-Guwahati develop innovative paint tech to prevent moss scaling on railway bridges
Northeast Frontier Railway (NFR) and IIT Guwahati have collaborated to create an innovative paint technology designed to prevent moss scaling on railway bridges. This specialized paint system combats moss and biofilm formation, addressing a significant maintenance challenge in the humid North Eastern region.
Mumbai-Ahmedabad bullet train: Nearly 76% excavation work completed on Bandra Kurla Complex
Mumbai's bullet train station at Bandra Kurla Complex is progressing. Excavation work is 76 percent complete. The underground station will have six platforms. It will connect to the metro and road. The station will have three floors. It will be 26 metres below ground level. The project is expected to be completed by the end of 2028.
Odisha to invest Rs 9,200 cr for redevelopment of four major healthcare institutes
The Odisha government has announced a significant investment of nearly Rs 9,200 crore to revamp healthcare infrastructure across the state. This initiative focuses on redeveloping four key medical institutions, including VIMSAR, MKCG, Rourkela Government Hospital, and Capital Hospital, to substantially increase bed capacity and improve facilities.
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