Equity indices trade firm, auto stocks surge

Agencies
March 1, 2021

West Coast Paper Mills shares rally 13% on decision to acquire stake in  International Paper - cnbctv18.com

Mumbai, Mar 1: Equity benchmark indices traded firm during early hours on Monday on the back upbeat global sentiment and India getting technically out of recession with Q3 GDP data showing 0.4 per cent growth.

At 10:15 am, the BSE S&P Sensex was up by 735 points or 1.5 per cent at 49,806 while the Nifty 50 edged higher by 210 points or 1.45 per cent to 14,739.

All sectoral indices at the National Stock Exchange were in the green with Nifty auto up by 2.2 per cent, financial service by 2 per cent, private bank by 1.8 per cent and IT by 1.5 per cent.
Among stocks, Hero MotoCorp surged by 3.7 per cent to Rs 3,334.40 per share and Mahindra & Mahindra by 3.5 per cent to Rs 835.30.

Power Grid Corporation ticked up by 3.5 per cent, ONGC by 3.3 per cent and Titan by 2.9 per cent. However, Bharti Airtel fell by 2.3 per cent, SBI Life by 0.6 per cent and Hindalco by 0.5 per cent.

Meanwhile, Asian shares rallied as some semblance of calm returned to bond markets after last week's ride. Progress in the huge US stimulus package underpinned optimism about the global economy also sent oil prices higher.

MSCI's broadest index of Asia Pacific shares outside Japan edged up by 0.8 per cent. Japan's Nikkei rallied by 2.1 per cent while Chinese blue chips added 0.5 per cent.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
October 3,2021

A bomb targeted the entrance of a mosque in the Afghan capital on Sunday leaving a “number of civilians dead,” a Taliban spokesman said.

The blast struck near the entrance of the Eid Gah Mosque in Kabul where a memorial service was being held for the mother of Taliban spokesman Zabihullah Mujahid.

“I heard the sound of an explosion near the Eid Gah Mosque followed by gun firing,” Abdullah, a nearby shopkeeper, told a western news agency, adding that the Taliban blocked the road shortly before the blast struck.

There was no immediately claim of responsibility for the attack. However, since the Taliban takeover of Afghanistan in mid-August, attacks by ISIL fighters against them have increased. The rise has raised the possibility of a wider conflict between the two groups.

ISIL maintains a strong presence in the eastern province of Nangarhar and considers the Taliban an enemy. It has claimed several attacks against them, including several killings in the provincial capital of Jalalabad. Attacks in Kabul have so far been rare.

On Friday, Taliban fighters raided an ISIL hideout just north of Kabul in Parwan province. The raid came after an ISIL roadside bomb wounded four Taliban fighters in the area.
 

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
October 7,2021

Bengaluru, Oct 7: BJP leader and former chief minister Jagadish Shettar today said that Congress leader Siddaramaiah and JD(S) leader H D Kumaraswamy have a misconception that they would get Muslim votes if they blame RSS.

"They have suddenly developed a 'love' towards the RSS. They are criticising the RSS as part of their appeasement politics. Even senior leaders like H D Deve Gowda had earlier appreciated the RSS. Several Muslims also appreciate the RSS. Criticism by Sidaramaiah and Kumaraswamy will not have any impact and the RSS would grow stronger," Shettar said.

RSS is working to protect the Indian culture. We have no embarrassment to say that it is our original organisation, and it guides us, he noted.

Commenting on Siddaramaiah's remarks about JD(S) fielding minority community candidates in Assembly by-elections, Shettar said, "It shows that the Congress has lost the faith in getting minority community votes, and it lacks the strength."

It is left to respective political parties to select their candidates. How can Siddaramaiah dictate other parties in this issue? he asked.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
October 7,2021

Dasara2021.jpg

Mysuru, Oct 7: Former chief minister S M Krishna, who jumped from BJP to Congress a couple of years ago, inaugurated the 2021 edition of Mysuru Dasara atop Chamundi Hill today.

Krishna touched upon all aspects of life and nation, ranging from religion, spirituality, human relations, nostalgia, history, heritage, tourism, evolution, achievements, foreign relations, and related them to Mysuru Dasara in his speech at the inauguration.

He spoke after lighting the lamp before the idol of Sri Chamundeshwari, placed in the silver chariot, and offering floral tributes to the deity. Eighty-nine-year-old Krishna recalled his school and college days in Mysuru although he was a native of Somanahalli in Maddur taluk of Mandya district.

Krishna, along with Chief Minister Basavaraj Bommai, District in-charge Minister S T Somashekar, offered 'pushparchane' to the idol of Chamundeshwari Devi that is placed in the Silver Chariot  after the chief priest of Chamundeshwari Temple N Shashishekara Dixit offered puja. 

“Mysuru Dasara Exhibition was equally famous like the world famous Dasara itself. We oppose monarchy but we cannot erase the achievements and contributions of great kings of the the Yadu dynasty from the pages of history. Nalwadi Krishnaraja Wadiyar pledged the gold jewels of his family members to construct Krishnaraja Sagar Dam, which helped the progress of the farmers of the region, especially Mandya district,” he said.

He said the government should plan a Dasara package by next year to cover other significant tourist destinations like Badami and Aihole to attract more visitors and to increase the revenue. “Singapore is an example on how a place can progress by proper planning of development and maintaining cleanliness to attract tourists. Mysuru has a similar potential,” he said.

A Congressman for nearly five decades, Krishna who joined the BJP a couple of years back, heaped praises on Prime Minister Narendra Modi. “In my nearly six decades of political awareness, I have not seen a leader with such commitment and dedication towards the progress of India. He has big dreams for the nation and is ably leading by example to take India to new heights. There is a need to give the right direction to the youth of the nation by setting the right kind of ambitions. Hope the Union and the state governments will take steps in this regard,” he said.

Krishna recalled how, Mahatma Gandhi was pleased to see the realisation of his ideals at his native place Somanahalli. “Gandhi was on his way to Mysuru from Bengaluru, in 1934, when he dropped in the hostel established by my father Mallaiah, a member of the erstwhile Praja Pratinidhi Sabha of Mysuru state at Somanahalli. B Venkatappa, a Congressman, explained to Gandhi that two ‘Harijan’ boys were staying together with other boys in the hostel, to attend school,” he said.

Mayor Sunanda Palanetra and a host of ministers including Dr K Sudhakar, Burari Basavaraj, B C Patil, Shashikala Jolle, MLAs G T Devegowda, L Nagendra, Tanveer Sait, S A Ramadass, B Harshavardhan, K Mahadev and others were present at the event.

As the celebration was a low-key affair this time, only 400 people were allowed to attend the event. A large number of police were deputed atop the hill to ensure security. A few cutural troupes performed on the occasion.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.