Equity benchmarks made a sharp recovery on Friday after a heavy decline in the previous trade, with the Sensex jumping 907 points in early trade, tracking positive trends from Asian markets. Also, jump in index major Reliance Industries helped the benchmarks bounce back. The 30-share BSE benchmark Sensex rallied 906.98 points to 53,699.21. The broader NSE Nifty jumped 308 points to 16,117.40. "Indices are set to trade with firm gains amid positive signals from its Asian peers," said Mohit Nigam, Head - PMS, Hem Securities. All the Sensex firms were trading in the green in early trade, with Tata Steel, Dr Reddy's, IndusInd Bank, State Bank of India, Nestle, Hindustan Unilever, Sun Pharma and Reliance Industries emerging as the biggest gainers. The BSE benchmark dived 1,416.30 points or 2.61% to settle at 52,792.23 on Thursday. The NSE Nifty tanked 430.90 points or 2.65% to end at 15,809.40. Meanwhile, Asian markets in Hong Kong, Shanghai and Tokyo were trading in the green. … [Read more...] about Markets rebound after heavy decline in previous trade; Sensex jumps 907 points
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Markets rebound after heavy decline in previous trade; Sensex, Nifty rally nearly 3%
Equity benchmarks bounced back sharply on Friday after facing a heavy drubbing in the previous trade, with the Sensex and Nifty jumping nearly 3%, aided by positive trends from global markets and across-the-board buying. Index majors Reliance Industries and HDFC twins saw robust buying, helping the benchmarks. The 30-share BSE Sensex rallied 1,534.16 points or 2.91% to settle at 54,326.39. During the day, it zoomed 1,604.2 points or 3.03% to 54,396.43. The broader NSE Nifty jumped 456.75 points or 2.89% to finish at 16,266.15. All the Sensex firms ended in the green, with Dr Reddy's, Reliance Industries, Tata Steel, Nestle, Larsen & Toubro, Axis Bank, IndusInd Bank, Sun Pharma, State Bank of India and HDFC emerging as the biggest gainers. The BSE benchmark had dived 1,416.30 points or 2.61% to settle at 52,792.23 on Thursday. The NSE Nifty had tanked 430.90 points or 2.65% to end at 15,809.40. Meanwhile, Asian markets in Hong Kong, Shanghai, Seoul and Tokyo finished in … [Read more...] about Markets rebound after heavy decline in previous trade; Sensex, Nifty rally nearly 3%
CM inaugurates renovated fish market in Tiruppur
Chief Minister M.K. Stalin on Thursday virtually inaugurated the renovated fish market at Thennampalayam, which was one of the projects in Tiruppur Corporation under the Smart Cities Mission. The renovated fish market is located at Sandhaipettai in Thennampalayam and the re-development works was carried out at ₹2.17 crore, officials said. The event was held at the conference hall in Tiruppur, wherein Ministers M.P. Saminathan and N. Kayalvizhi Selvaraj, Tiruppur Mayor N. Dinesh Kumar, MP K. Subbarayan, District Collector S. Vineeth and Corporation Commissioner Kranti Kumar Pati were present as Mr. Stalin inaugurated the fish market from Chennai. Renovation works under the Smart Cities Mission began in June 2019, according to the officials. This renovated fish market would house 28 shops covering an area of 3,933 sq.ft. and would have a separate 550 sq.ft. fish cleaning area. A bike parking area with facilities for parking 26 two-wheelers was also available. The estimated annual … [Read more...] about CM inaugurates renovated fish market in Tiruppur
Couple living on five-star cruise ships full-time – claiming it’s cost-effective
A couple say a life at sea is more cost-effective than regular living claiming they save money by spending months on end on incredible cruise ships . Retired Angelyn Burk and her husband Richard plan to spend 86 days on board the five-star vessels in the coming months. They say it actually saves them money after picking up some great deals with the cost of living soaring across the world. Their travel plans for 2022 will take them to Mexico, Costa Rica, Canada, Alaska, Japan, Indonesia and Vietnam. They say they love ocean life and have already explored some fantastic places together - so wanted to get more out of life. Angelyn and Richard Burk have already been to Rome and some amazing places ( Image: Facebook) More and more retired couples are spending their later years on the cruise liners with the price of assisted living also on the rise. Angelyn says it costs less than $90 per day for both of them - around £32 each. "We have secured 86 cruise days … [Read more...] about Couple living on five-star cruise ships full-time – claiming it’s cost-effective
Amber Heard hired ex-porn star-turned-detective to dig up dirt on Johnny Depp
Amber Heard hired a private detective who used to be an adult film star to dig up dirt on her ex-husband, Johnny Depp, in the summer of 2019. Paul Barresi was a mustachioed stud who appeared in Co-ed Fever, Bad Girls II and other X-rated films. Reinvented as a private detective, he’s worked for Tom Cruise, Eddie Murphy and Sylvester Stallone. Now he’s an issue in Depp’s US$50mil defamation suit against his ex-wife, who claims the actor repeatedly assaulted her. In a deposition taken in April 2021, Depp’s lawyer Ben Chew asked Heard’s former attorney Eric George whether he was aware of Barresi’s history in adult film. When George’s lawyers instructed George not to answer, Chew quickly said: “We’re going to fight this another day.” Chew then asked George what tasks he gave to Barresi with respect to investigating Depp. This inquiry was also met with objection from George’s counsel and instructions for him not to answer. Barresi told me: “It was Amber herself who assigned me … [Read more...] about Amber Heard hired ex-porn star-turned-detective to dig up dirt on Johnny Depp
‘Rationing only for bulk purchasers’
Many outlets belonging to Bharat Petroleum Corporation Limited have reportedly started to ration the sale of both petrol and diesel. And it is learnt the outlets belonging to Hindustan Petroleum Corporation Limited (HPCL) and Indian Oil Corporation Limited (IOCL), may also follow suit in the next few days. But the pump owners confirm that the common man will not face any problem, as the oil marketing companies (OMCs) have reportedly instructed the outlets to ration or stop the supply to bulk purchasers such as APSRTC and industries. A fuel pump owner said that the OMCs were already making a loss to the tune of ₹28 per litre on diesel and ₹8 on petrol. The Russia-Ukraine war has seriously impacted the crude oil prices and they have gone up abnormally, he said. Because of this, the OMCs have increased the price per litre for industries by about 25%. Earlier, many industries used to buy fuel in bulk, including APSRTC, from the OMCs directly, but now owing to the increase in the rate … [Read more...] about ‘Rationing only for bulk purchasers’
Rupee slumps 10 paise to close at all-time low of 77.72 per USD
The rupee extended its losses and slumped 10 paise to close at a record low of 77.72 (provisional) against the U.S. dollar on Thursday, weighed down by a negative trend in domestic equities and unabated foreign fund outflows. At the interbank foreign exchange market, the rupee opened lower at 77.72 against the greenback, and finally settled for the day at 77.72, down 10 paise over its previous close. During the trading session, the rupee touched an intra-day low of 77.76 and a high of 77.63. On Wednesday, the rupee declined by 18 paise to close at 77.62. "Rupee consolidated in a narrow range despite sharp sell-off in domestic and global equities. Dollar also retraced from higher levels after economic number released from the US came below estimates," said Gaurang Somaiya, Forex & Bullion Analyst, Motilal Oswal Financial Services. The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.28 per cent lower at 103.51. Global … [Read more...] about Rupee slumps 10 paise to close at all-time low of 77.72 per USD
2020.10.29 New Arrivals
Almond: A Novel AUTHOR : Won-pyung Sohn (Author), Sandy Joosun Lee (Translator) PUBLISHER : HarperVia "The Emissary" meets "The Curious Incident of the Dog in the Nighttime" in this poignant and triumphant story about how love, friendship and persistence can change a life forever. This story is, in short, about a monster meeting another monster. One of the monsters is me. [TONGBANG BOOKS] Yunjae was born with a brain condition called alexithymia that makes it hard for him to feel emotions like fear or anger. He does not have friends—the two almond-shaped neurons located deep in his brain have seen to that—but his devoted mother and grandmother provide him with a safe and content life. Their little home above his mother’s used bookstore is decorated with colorful Post-it notes that remind him when to smile, when to say "thank you" and when to laugh. Then on Christmas Eve—Yunjae’s 16th birthday—everything changes. A shocking act of random violence shatters his world, … [Read more...] about 2020.10.29 New Arrivals
Rupee inches 3 paise higher to close at 77.53 against U.S. dollar
The rupee inched 3 paise higher to close at 77.53 (provisional) against U.S. dollar on Friday, supported by a rebound in domestic equities. At the interbank forex market, the rupee opened at 77.51 against the greenback and moved in a range of 77.49 to 77.60 in the day's trade. The rupee finally ended at 77.53, higher by 3 paise over its previous close of 77.56. According to Dilip Parmar, Research Analyst, HDFC Securities, the lack of dollar demand and rebound in domestic equities augur well for the rupee. The dollar is about 2% off its recent high, seen last week, as risk-assets rebound after the People's Bank of China (PBOC) announced a 15 bps cut in the 5-year Loan Prime Rate to support the economy. The dollar index marked the first weekly decline after six weeks of upward movement, driven by position liquidation and preference for other currencies to emerge at a lower level. On the domestic equity market front, the BSE Sensex rebounded 1,534.16 points or 2.91% to end at … [Read more...] about Rupee inches 3 paise higher to close at 77.53 against U.S. dollar
Wholesale price of tomato soars to ₹100 per kg in Erode
With unseasonal rains affecting crops leading to significant drop in the arrival of tomatoes at the market, the wholesale price of the vegetable rose to ₹100 a kg here on May 21. Against the average arrival of 3,000 to 3,200 boxes of tomatoes, each weighing 15 kg, at the Nethaji Daily Vegetable and Fruit Market on VOC Ground premises, less than 1,100 boxes arrived from Talavadi, Karnataka and Andhra Pradesh. Also Read Tomato price goes through the roof “The wholesale price of fine quality tomatoes is ₹100 a kg while the second-best is sold for ₹90 a kg,” said Nachimuthu, a trader. Traders said usually 14 tonnes arrive at the market every day, but only four tonnes arrived on Saturday. Fewer trucks At the Uzhavar Sandhai at Sampath Nagar, tomatoes were sold for ₹85 to 90 a kg as traders said that against the usual frequency of three trucks arriving from Talavadi every day, now there was only one truck once in two or three days. “Hailstorms damaged the flowers a … [Read more...] about Wholesale price of tomato soars to ₹100 per kg in Erode