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.
coastaldigest.com news network
June 28,2022

Mangaluru, June 28: Once again mild tremors were felt in parts of Kodagu district and Sullia taluk of Dakshina Kannada district today triggering panic among villagers in the region. 

In this month (June 2022), this is the third time tremors being experienced in Kodagu district and second time in Sullia taluk. 

According to reports, residents in Madikeri, Napoklu, Kukkunda, Kadu, Ballamavati, Dabbadka, Peraje, Karike, Bhagamandala areas of Kodagu felt shaking around 7:45 am on Tuesday. Many residents confirmed that they witnessed shaking of vessels and other things in their houses. 

Many households in Sullia, Sampaje, Goonadka and Guthigar areas also experienced tremors. Many villagers in Sullia taluk had felt similar tremors on June 25 and the intensity of the tremor was 2.7 in Richter scale.

Ananya Vasudev of Kodagu district disaster management authority said that tremor was experienced for five seconds. The issue has been brought to the notice of the KSNDMC.

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
June 29,2022

muhammadzubair.jpg

Journalists should not be jailed for “what they write, what they tweet and what they say” and it is important that people be allowed to express themselves freely without the threat of any harassment, a spokesperson for UN Secretary General Antonio Guterres has said referring to the arrest of Alt News co-founder Mohammed Zubair in India.

Zubair was arrested by the Delhi Police on Monday after a self proclaimed Hanuman Bhakt claimed that he hurt him by posting a Bollywood film screenshot.

“I think, first of all, in any place around the world, it is very important that people be allowed to express themselves freely, journalists be allowed to express themselves freely and without the threat of any harassment,” Stephane Dujarric, Spokesman for the Secretary-General, said on Tuesday while responding to a question at the daily news briefing here on Zubair’s arrest.

 “Journalists should not be jailed for what they write, what they tweet and what they say. And that goes for anywhere in the world, including in this room,” Dujarric said in response to another question by a Pakistani journalist on whether he is also calling for Zubair's release from custody.

Meanwhile, New York-based independent non-profit, non-governmental organisation Committee to Protect Journalists (CPJ) has also condemned Zubair's arrest.

“The arrest of journalist Mohammad Zubair marks another low for press freedom in India, where the government has created a hostile and unsafe environment for members of the press reporting on sectarian issues,” said Steven Butler, CPJ’s Asia programme coordinator, in Washington, DC.

“Authorities must immediately and unconditionally release Zubair, and allow him to pursue his journalistic work without further interference," he said.

Zubair's arrest came days after the Gujarat authorities arrested Teesta Setalvad on charges of "criminal conspiracy, forgery and placing false evidence in court to frame innocent people" in the 2002 Gujarat riots.

UN Human Rights has voiced concern over the arrest and detention of social activist Setalvad and called for her immediate release.

“#India: We are very concerned by the arrest and detention of #WHRD @TeestaSetalvad and two ex police officers and call for their immediate release. They must not be persecuted for their activism and solidarity with the victims of the 2002 #GujaratRiots," UN Human Rights tweeted Tuesday.

A court in Ahmedabad on Sunday remanded Setalvad and former state director general of police RB Sreekumar in police custody till July 2 in a case of fabricating evidence to frame innocent persons in connection with the 2002 Gujarat riots. Former IPS officer and accused Sanjiv Bhatt, who is serving life sentence in a custodial death case and is lodged in a jail in Palanpur in Banaskantha district, will be brought to Ahmedabad on a transfer warrant.

Setalvad, Sreekumar and Bhatt are accused of abusing the process of law by conspiring to fabricate evidence with an attempt to frame innocent people for an offence punishable with capital punishment in connection with the 2002 Gujarat riots. 

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
June 21,2022

maldivs.jpg

Male, June 21: Police in the Maldives used tear gas and pepper spray to control a crowd of people who disrupted a yoga event organised by the Indian High Commission, or embassy, in the capital Male on Tuesday morning, an organiser said.

The crowd stormed a stadium where more than 150 people, including diplomats and government officers, were taking part in an event celebrating International Day of Yoga, attacking participants and vandalising the property, one of the organisers, who did not want to be named because he was not authorised to speak with the media, told Reuters.

Earlier, the protesters brandished placards proclaiming that yoga was against the tenets of Islam.

Islam is the state religion in the Maldives, a group of islands in the Indian Ocean with a population of about half a million.

Police responded with anti-riot measures and later used pepper spray and tear gas to control the crowd and secure the area, Superintendent of Police Fathmath Nashwa told Reuters.

Six people have been arrested in connection with the incident, Nashwa said.

Maldives President Ibrahim Mohamed Solih said a police investigation into the incident had begun.

"This is being treated as a matter of serious concern and those responsible will be swiftly brought before the law," Solih said on Twitter. 

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.