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Arnab Goswami released from jail after SC grants interim bail; pics surface
short by Nandini Sinha / on Wednesday 11 November, 2020
Republic TV's Editor-in-Chief Arnab Goswami was released from Mumbai's Taloja Jail, hours after the Supreme Court granted him interim bail in the 2018 abetment to suicide case. A video showed him emerge from the sunroof of a car, and a crowd gathered outside the prison. Arnab Goswami and other co-accused were released on a bond of ₹50,000 each.
Why did Sensex crash over 2,200 points on Monday?
short by Arshiya Chopra / on Monday 7 April, 2025
Sensex crashed around 2,200 points on Monday as fears of a global trade war grew after US President Donald Trump announced tariffs on several countries. The Sensex and Nifty crash was preceded by a market rout on Wall Street and other major Asian markets like Japan, Singapore and China. Foreign portfolio investors (FPIs) have also resumed selling Indian equities again.
read more at Hindustan Times
Sensex & Nifty close 3% lower after Black Monday-like market wipeout
short by Ashley Paul / on Monday 7 April, 2025
India's benchmark indices Sensex and Nifty closed 3% lower on Monday after most Asian markets witnessed wipeouts similar to 1987's Black Monday. Sensex ended 2,226 points lower at nearly 73,130 while Nifty closed over 700 points lower below 22,200. Trent, Tata Steel, Larsen and Toubro, JSW Steel, Hindalco Industries and Tata Motors were biggest losers on both Sensex and Nifty.
read more at BSE
Govt hikes excise duty by ₹2/litre on petrol, diesel
short by Arshiya Chopra / on Monday 7 April, 2025
The government on Monday announced that it has increased excise duty on petrol and diesel by ₹2 per litre. "This notification shall come into force on the 8th day of April, 2025," the notice released by the Ministry of Finance stated. The decision comes amid ongoing fluctuations in global oil prices and Trump's tariffs.
read more at News18
Chances of US recession raised to 45% by Goldman Sachs
short by Ankush Verma / on Monday 7 April, 2025
Goldman Sachs has raised odds of a US recession to 45% in the next 12 month as fears of a trade war grip markets after US President Donald Trump's tariffs. Goldman had raised the probability of a US recession to 35% from 20% just last month. Earlier, JP Morgan put the odds of a US and global recession at 60%.
read more at Reuters
Why is India not planning to retaliate against Trump’s tariffs?
short by Ankush Verma / on Monday 7 April, 2025
India will reportedly not retaliate against US tariffs. PM Narendra Modi's administration has looked into a clause of Trump's order that offers possible reprieve for trading partners who "take significant steps to remedy non-reciprocal trade arrangements", an Indian official told Reuters. Another official said India sees advantage in being among first nations that initiated trade talks with US.
read more at Reuters
Which sectors lost the most as Indian markets crashed?
short by Ankush Verma / on Monday 7 April, 2025
As Indian markets crashed on Monday, Nifty IT fell over 5%, while Nifty Metal and Pharma fell over 7% and 3%, respectively. Nifty Realty saw a drop of over 5% and Nifty PSU Bank crashed 4%. Nifty Media and Nifty Auto crashed nearly 7% and nearly 5%, respectively. The Sensex has crashed by nearly 3,000 points.
read more at NSE
Investors lose ₹19 lakh crore amid bloodbath on Dalal Street
short by Ankush Verma / on Monday 7 April, 2025
Investors lost around ₹19 lakh crore from their wealth on Monday after Indian stock market crashed amid a global selloff triggered by escalating trade tensions and rising recession fears in the US. Sensex crashed around 3,000 points, while Nifty was down by almost 1,000 points. All major sectors were in the red, with Nifty IT falling over 7%.
read more at Moneycontrol
Sensex crashes over 3,000 points
short by Medhaa Gupta / on Monday 7 April, 2025
Sensex crashed over 3,000 points on Monday and was trading at 72,122.64, while Nifty tumbled over 970 points at market open. This comes as Asian stock markets plunged a day after US futures opened sharply lower following the announcement of reciprocal tariffs by US President Donald Trump. Trent and TD Power Systems were among the top losers on Sensex.
read more at BSE
Over 50 countries reach out to US to negotiate trade deal after Trump's tariffs
short by Ankush Verma / on Monday 7 April, 2025
Donald Trump's advisor Kevin Hassett has claimed that over 50 nations have reached out to the US to negotiate a trade deal after the US President imposed reciprocal tariffs. Meanwhile, Treasury Secretary Scott Bessent played down US stock market's deep plunge, saying there was "no reason" to expect a recession due to the reciprocal tariffs.
read more at Indian Express
How does the IPL 2025 points table look as SRH remain last after 5 matches?
short by Anmol Sharma / on Monday 7 April, 2025
SRH on Sunday suffered their fourth straight defeat in IPL 2025. They remain placed last on the points table with two points and NRR of -1.629. GT, who defeated them, moved to the second spot with six points and NRR of 1.031. DC are on top of the table with six points and NRR of 1.257. CSK are ninth.
read more at CricTracker
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