The Dravida Munnetra Kazhagam (DMK) party in Tamil Nadu has appointed Udhayanidhi Stalin, the son of Chief Minister MK Stalin, as the new Deputy Chief Minister. This move marks a significant moment for the DMK, coinciding with its 75th anniversary, and highlights the continuation of dynastic politics within the party. Udhayanidhi, who only entered politics ...
Udhayanidhi Stalin, the Sports Minister of Tamil Nadu, has been appointed as the state’s new Deputy Chief Minister. This move was expected since January but faced delays due to his controversial remarks about “Sanathana Dharma” and the impact of the Kallakurichi hooch tragedy, which resulted in 66 deaths. The postponements were also linked to preparations ...
Yogi Adityanath, the Chief Minister of Uttar Pradesh, made bold statements during campaign rallies in Jammu and Kashmir, claiming that Pakistan will soon split into three parts. He accused Pakistan of fostering terrorism in India and stated that the country would soon face severe water shortages. Adityanath emphasized the positive changes in Jammu and Kashmir ...
 "US bond yields rise amid profit-taking, while Indian yields hold steady as market anticipates further rate cuts from the Fed.")
Indian government bond yields are expected to slightly increase in early trades as US Treasury yields rise. Despite a recent drop, the prevailing Market sentiment remains bullish due to ongoing expectations of another significant rate cut by the Federal Reserve. The benchmark 10-year yield is projected to fluctuate between 6.72% and 6.76%. Traders anticipate some ...
 "The Nifty IT and Auto indices face bearish trends, prompting a “sell on rise” strategy amid escalating market pressures.")
The Nifty IT Index is currently showing a bearish trend, with a potential sell-off if it closes below 41,600. Traders should consider adopting a “sell on rise” strategy to navigate the expected downward pressure, with key support levels at 40,750, 38,925, and 37,500. Meanwhile, the Nifty Auto Index appears overbought and may face a correction ...
Congress leader Rahul Gandhi has expressed deep concern over recent allegations of adulteration in the prasadam offered at the Tirupati temple in Andhra Pradesh. He stated that reports of the laddoos being mixed with inappropriate ingredients are troubling and warrant serious investigation. Gandhi emphasized the importance of protecting the sanctity of religious places, highlighting that ...
 "India’s currency shines with a record 9.46 billion in reserves, marking its strongest weekly rise this year.")
India’s foreign exchange reserves have reached a record high of $689.46 billion, marking a consistent rise for five consecutive weeks. This week’s increase was $220 million, adding to a total of $19.1 billion gained in previous weeks. The Reserve Bank of India plays a key role in managing the exchange Market to stabilize the value ...
 "Tensions rise as Afghan diplomats face backlash for not standing during Pakistan’s national anthem, asserting a music-related misunderstanding.")
Pakistan recently expressed strong discontent towards Afghan diplomats after they remained seated during the playing of Pakistan’s national anthem at an event celebrating the 12th Rabi ul Awal, the birthday of Prophet Muhammad. The spokesperson for Pakistan’s Ministry of Foreign Affairs, Mumtaz Zahra Baloch, condemned the act as disrespectful and against diplomatic norms. The Afghan ...
 "Forty-five Indians discharged from Russian military after Modi’s intervention; tensions in India-Russia ties rise, with nine reported deaths.")
Indian Prime Minister Narendra Modi has successfully advocated for the release of Indian nationals serving in the Russian military. In a recent update, the Ministry of External Affairs reported that 45 Indians have been discharged, with efforts ongoing to secure the release of about 50 more. The issue arose during Modi’s July visit to Moscow, ...
 "US-China tensions rise as American businesses report historic lows in optimism and profitability, urging tariff reductions amidst economic uncertainty.")
US businesses operating in China are facing significant challenges, leading to a record low in optimism about their five-year outlook. A recent survey by the American Chamber of Commerce in Shanghai revealed that only 47 percent of American firms feel positive about their future in China, down five points from last year. This decline is ...
