Hindustan Times
์ค๋ ์ฑํฅ
๊ธฐํ
Abhishek Banerjee stays Gen Secy, but with two joint secys
Abhishek Banerjee reappointed as TMC national general secretary amid internal rebellion; Mamata Banerjee reshuffles party leadership in West Bengal.
๐ฎ๐ณ ์ธ๋ ยท "POINT" ยท ์ด 320๊ฑด
ํํฐ ๋ณด๊ธฐํ์ฌ ์ง์
50.0
0 = ๋ถ์ ์ฐ์ธ
50 = ์ค๋ฆฝ
100 = ๊ธ์ ์ฐ์ธ
์ต๊ทผ 7์ผ ๊ธฐ์ค 5,491๊ฑด์ ๋ถ์ํ ๊ฒฐ๊ณผ, ๋ด์ค ์ฌ๋ฆฌ์ง์๋ 50.0(๊ท ํ)์ ๋๋ค. ๊ธ์ 0๊ฑด(0.0%)ยท์ค๋ฆฝ 5,491๊ฑด(100.0%)ยท๋ถ์ 0๊ฑด(0.0%)์ด๋ฉฐ, ์ค๋ฆฝ ๋น์ค์ด ๋๋ ทํ๊ฒ ๋์ต๋๋ค. ์ฑํฅ ์ง์๋ ์ข ํฉ 0.0(์ค๋ ๊ท ํ)์ ๋๋ค.
Abhishek Banerjee reappointed as TMC national general secretary amid internal rebellion; Mamata Banerjee reshuffles party leadership in West Bengal.
Wall Street's nine-week winning streak ended with a thud on Friday, as red-hot technology stocks suffered their largest โdaily decline this year after a hot May jobs report fueled fears of a hawkish policy pivot from the U.S. Federal Reserve.Selling was concentrated among chip stocks and other technology favorites that have surged higher in recent weeks as the Nasdaq Composite Index and S&P 500 rose repeatedly to fresh highs.All three major U.S. stock indexes closed sharply lower, with โplunging chip stocks โ dragging the โ tech-laden Nasdaq down by its largest one-day percentage loss since last year.The S&P 500 ended its nine-week run of Friday-to-Friday gains, its longest weekly winning streak since one that ended in December โ2023."After the record run we've seen the last nine weeks in equities, specifically tech and semiconductors, the dam just broke today," said Ryan Detrick, chief market strategist โat Carson Group in Omaha. "Obviously, the stronger-than-expected jobs report puts the Fed in a tough spot regarding any interest rate cut for the rest of the year. And the market is throwing a fit by hitting the big winners so far this year."Rising interest rates and the Iran war weighed on โsentiment heading into the weekend, but many investors said they expected tech stocks to continue rallying."The market โ reaction today โwas more driven by positioning rather than fundamentals," said Ohsung Kwon, chief equity strategist at Wells Fargo. "The semiconductor sector was โway overbought. That's why we're โseeing the selloff. I don't think it's the end of the semi bull market." The U.S. economy added 172,000 jobs โ in May, according to the Labor Department, more than double analyst expectations, while the unemployment rate โheld firm at 4.3%. The robust report was double-edged: it provided reassurance of U.S. economic health, but โall but killed any hopes of an interest rate cut from the Fed in the near future.Financial markets are pricing in a growing likelihood of a rate hike at the conclusion of the Fed's December meeting, according to CME's FedWatch tool.Fading hopes for a near-term resolution to the Middle East war and reopening the Strait of Hormuz are stirring fears that energy price pressures could morph into wider, systemic inflation. Iran reaffirmed its support for Hezbollah and demanded that Israel withdraw its troops from southern Lebanon, further complicating efforts to secure a near-term peace deal that would include the resumption of traffic through the โcrucial strait. U.S. President Donald Trump's administration has negotiated three truces, and while fighting has been greatly reduced, the two sides continue to trade airstrikes.According to preliminary data, the S&P 500 lost 199.64 points, or 2.63%, to end at 7,384.67 points, โwhile the Nasdaq Composite lost โ1,117.38 points, or 4.16%, to 25,713.58. The โ Dow Jones Industrial Average fell 684.53 points, or 1.33%, to 50,877.40.Nvidia, the largest company by market value, fell sharply, as did smaller rivals Intel, Micron, AMD and Broadcom. Lululemon Athletica slumped after the athletic apparel maker cut its annual profit forecast and projected second-quarter earnings well below Wall Street estimates. Cooper Companies rose โafter the contact lens maker beat estimates for second-quarter results.Cryptocurrency firms Coinbase and Strategy were pulled lower by bitcoin's sharp drop. S&P Global said it would not change the eligibility requirements for its major indices, which effectively rules out a swift entry for Elon Musk's SpaceX to the benchmark S&P 500 after it goes public in what would be the world's biggest initial public offering.S&P Dow Jones Indices will announce the results following its rebalancing after markets close. Chipmaker Marvell Technology, which boasts over $270 billion in valuation, is among the contenders to be added to the benchmark index.
LED lights have drawn flak from councillors across political parties over their alleged erratic functioning and poor upkeep; CSML claims that at no point were more than 200 lights non-functional in a network of over 43,000 lights
Vadakara Revenue Divisional Officer appointed nodal officer to coordinate evacuation and relief camp operations, while Vadakara Tahsildar will serve as assistant nodal officer. District Police Chief (Kozhikode Rural) asked to deploy sufficient personnel to support evacuation plans and ensure security at relief camps and evacuated houses
Elite CRPF CoBRA commandos are being deployed to Manipur amidst escalating ethnic unrest, now involving the Naga community. This move follows a recent flashpoint that ignited fresh violence, leading to arson and abductions. Union Home Minister Amit Shah has ordered strong action against extremist elements across the state, aiming to restore order and public trust.
Zelensky says a meeting between the two men is needed to hash out the key issues of a peace deal.
Annamalai said his political ambitions extended beyond the framework of BJP and required a broader platform.
The Congress Member of the Lok Sabha points out that the Congress continues to work with the CPI(M) and the Trinamool Congress despite competing with them at the State level
TMC parliamentary leader in the Rajya Sabha Derek OโBrien and RS member Dola Sen have been appointed national joint secretaries to assist Abhishek Banerjee
Caitlin Clark worried fans after becoming sick and vomiting during Indiana Feverโs victory over Atlanta. Despite the illness, she stayed in the game and delivered a strong performance with points, assists, and rebounds. Afterward, Clark said she had not been that sick in a long time but felt better during the second half as Indiana bounced back from a difficult loss.
In an exclusive interview, Manoj Bajpayee opens up about his role in the film โGovernorโ, inspired by Indiaโs 1991 economic crisis.The actor reflects on the challenge of portraying a silent yet impactful RBI governor navigating one of the most defining moments in Indiaโs economic history. Bajpayee speaks about building character depth, understanding restraint in performance and bringing dignity to a role rooted in policy, pressure and national responsibility.He also highlights why economic stories matter in cinema, especially when they reveal the unseen figures and difficult decisions that shaped the countryโs future.Watch the full exclusive conversation for Manoj Bajpayeeโs insights on โGovernorโ and the story behind Indiaโs economic turning point. n18oc_the-right-stand n18oc_india News18 Mobile App - https://onelink.to/desc-youtube
Officials say appointments were made strictly on merit and in accordance with Supreme Court guidelines, G.O.Ms. No. 77 and reservation norms; clarify implementation of horizontal reservations, disability quota and sports quota selections
The TMC is rattled by a rebellion after 58 MLAs staked claim to become the principal Opposition party in Bengal, vertically splitting the party.
Mamata backs Abhishek amid revolt as TMC plans to move court over LoP appointment
To back the claim of robust health, defenders of the current economic policy point to a cluster of high-frequency domestic indicators
Praggnanandhaa remains firmly in contention for the Norway Chess 2026 title heading into the final round. The Indian grandmaster trails leader Wesley So by just half a point, with Alireza Firouzja also in the mix. A classical victory in his final game could propel Praggnanandhaa to the top, though the outcome will also depend on results involving So and Firouzja.
Praggnanandhaa remains firmly in contention for the Norway Chess 2026 title heading into the final round. The Indian grandmaster trails leader Wesley So by just half a point, with Alireza Firouzja also in the mix. A classical victory in his final game could propel Praggnanandhaa to the top, though the outcome will also depend on results involving So and Firouzja.
As India sees incessant FII selloff so far this year, the government and RBI announced a slew of measures to ease foreign investments in government securities, with analysts suggesting that these may provide some short-term support for Dalal Street.India scrapped the long-term capital gains tax on investments by foreign institutional investors (FIIs) in government securities through an ordinance issued on Friday. The government has now exempted FIIs from tax on any interest income from government securities, as well as capital gains arising from their sale, exchange or transfer, according to an official gazette. Separately, while announcing the outcome of the MPC meeting, RBI Governor Sanjay Malhotra also unveiled a series of measures to boost FPI investments, including expanding the Fully Accessible Route (FAR) to cover new issuances of 15-, 30- and 40-year government bonds.Limits on investments by NRIs and OCIs in equity instruments without Sebi registration are being raised, allowing them to invest larger amounts without regulatory registration. The facility is also proposed to be extended to all Persons Resident Outside India (PROIs), bringing them on par with NRIs and OCIs. This came as the RBI kept the repo rate unchanged at 5.25%What does this mean for Indian stock market?The proposal to increase investment limits for NRIs and OCIs in listed equity instruments without Sebi registration, and to extend the same facility to all individual Persons Resident Outside India (PROIs), is a significant step toward broadening participation in Indian capital markets, which is expected to improve market depth, liquidity and long-term capital inflows, said Arun Poddar, CEO of Choice International.He highlighted that equally important is the removal of capital gains tax on government securities investments for foreign investors. โThis move strengthens the attractiveness of India's bond market and could encourage greater foreign participation in government debt. At a time of heightened global volatility, these measures reinforce investor confidence, support capital inflows, and reaffirm India's commitment to building deeper, more globally integrated financial markets, with the policy rate expected to remain low for an extended period,โ he said.The government's move to exempt Foreign Institutional Investors (FIIs) from capital gains tax on any interest earned from government securities is โhighly positiveโ for the capital markets, said Sumit Singhania, Head of Research at Bajaj Broking. โThis fiscal cushion arrives at a crucial time, offering a strong shield to domestic markets as the RBI chief warned of volatile forex markets driven by shifting global sentiments,โ he added.The policy is distinctly positive for bond markets and well-capitalized Banks and NBFCs, which benefit from targeted hedging subsidies and systemic stability, according to Archit Doshi, Senior Vice President at PL (Prabhudas Lilladher) AMC. โConversely, one should be underweight rate-sensitive sectors, which remain highly vulnerable to margin compression, higher inflation expectations, and the threat of the RBI reaching its tightening tipping point,โ he said.Rajeev Radhakrishnan, CFA, CIO of Fixed Income at SBI Mutual Fund, also said that the announcements aimed at enabling more dollar inflows are more significant in the near term, even though the overall policy stance has been broadly in line with expectations. โThe concessional swap facility should help stabilise short end market rates and the foreign exchange market in the near term,โ he said.For equities and debt markets, the measures to attract FII inflows are supportive of liquidity and inflows, while for the rupee, they signal a clear intent to anchor expectations and reduce volatility amid global oil shocks and sustained foreign selling pressure, said Ajit Mishra, Senior VP of Research at Religare Broking.Sachin Bajaj, Chief Investment Officer at Axis Max Life Insurance, also said that the initiatives are expected to support capital inflows, deepen domestic bond markets, and provide support to the Indian rupee over the short to medium term.RBIโs hawkish tone and the Indian stock marketWhile the measures taken to attract FII inflows in the debt market will likely provide short-term support for Dalal Street, analysts advised caution over the RBIโs hawkish policy stance. While the RBI maintained its policy repo rate as per expectations, the tone was much more cautious than in previous meetings.Sachin Bajaj highlighted that the policy emphasised preserving macroeconomic stability amid the prevailing global macroeconomic environment. โWe believe there are significant risks to inflation in the coming months due to the pass-through of higher commodity prices to consumers and elevated food prices resulting from a below-normal monsoon. Going forward, there is a risk of an upward revision in inflation projections, and given the evolving global backdrop, we believe the RBI is likely to maintain a prudent, data-dependent approach. Future policy actions will be contingent on evolving growth-inflation dynamics and global developments,โ he added.Also read: Explained: Sebi's Rs 15.15 lakh crore revenue inflation allegations against Rajesh ExportsWhile hawkish rhetoric without an accompanying rate hike provides a temporary respite for equity markets, it does not constitute an unequivocal endorsement of investment, particularly in highly rate-sensitive sectors such as real estate, automotive, and consumer discretionary goods, said Vipul Bhowar, Senior Director, Head of Equities at Waterfield Advisors.โShould inflation necessitate a rate increase later this year, these sectors are likely to experience pressure on both margins and demand. For investors, the current strategy emphasises capital preservation by focusing on high-quality equities with strong pricing power. This cautious approach is designed to navigate the prevailing geopolitical uncertainties until conditions stabilise,โ the analyst added.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
The petitioner, in his plea, sought deployment of "immediate preventive, regulatory, and crowd-control measures" at the IGI Airport, metro stations, and highway entry points
Reddy expressed his disappointment over the allocation of the ministry, Bengaluru Development Department, after CM Shivakumar had earlier promised him to provide the same