Markets tumble in early trade on weak trends from global equities-Telangana Today

Sensex declines 463.96 points to 76,745.94; Nifty drops 149.6 points to 23,351.50

Published Date – 24 June 2024, 10:09 AM


Markets tumble in early trade on weak trends from global equities

File photo

Mumbai: Benchmark equity indices tumbled in early trade on Monday amid weak trends from global markets and fresh foreign fund outflows.

Profit-taking after a record-breaking rally also put pressure on the benchmark indices.


The 30-share BSE Sensex declined 463.96 points to 76,745.94. The Nifty dropped 149.6 points to 23,351.50.

Among the 30 Sensex companies, IndusInd Bank, Tata Steel, Adani Ports, State Bank of India, Bajaj Finance and JSW Steel were the biggest laggards. Sun Pharma, ITC, ICICI Bank and Tata Consultancy Services were among the gainers.

In Asian markets, Seoul, Shanghai and Hong Kong were trading lower while Tokyo quoted in the positive territory. US markets ended mostly lower on Friday.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,790.19 crore on Friday, according to exchange data. Global oil benchmark Brent crude declined 0.07 per cent to $85.18 a barrel.

Snapping its six-day rally, the BSE benchmark declined 269.03 points or 0.35 per cent to settle at 77,209.90 on Friday. The NSE Nifty slipped 65.90 points or 0.28 per cent to end at 23,501.10.

Probe Agency Records Statements Of NEET Candidates, School Owner In Gujarat

Probe Agency Records Statements Of NEET Candidates, School Owner In Gujarat

Probe agency CBI is investigating the NEET-UG malpractices case. (Representational)

Godhara, Gujarat:

 A CBI team investigating the NEET-UG malpractices case on Thursday recorded statements of three candidates who had allegedly paid an accused for helping them clear the medical entrance test held at a private school near Godhra in Gujarat.

Besides the three candidates and their parents, the investigators were also questioning Dixit Patel, owner of the local Jay Jalaram School, at the Godhra circuit house, an official said.

A Central Bureau of Investigation (CBI) team has been camping in Gujarat for the last four days to probe alleged malpractice during the National Eligibility-cum-Entrance Test held on May 5.

The school run by Dixit Patel was one of the exam centres.

The team had on Wednesday visited two private schools in Gujarat’s Kheda and Panchmahal districts as part of its probe. CBI officials first visited Jay Jalaram International School on Sevaliya-Balasinor highway in Kheda district, and later the Jay Jalaram School at Godhra in Panchmahal district.

Both the schools, located 100 km apart, are owned by Patel.

A case was registered by Godhra Police on May 8 against three persons under various Indian Penal Code provisions including criminal conspiracy, cheating and criminal breach of trust for allegedly trying to help 27 candidates clear the NEET-UG by charging Rs 10 lakh each.

On June 23, the CBI filed a fresh FIR (first information report) against unidentified persons under IPC sections 120-B (criminal conspiracy) and 420 (cheating), among others, amid countrywide protests and litigation by students for a probe into paper leak claims.

The CBI has taken over the investigation of five new cases of alleged malpractices in NEET-UG being probed by police in Gujarat, Rajasthan and Bihar.

The Gujarat police had arrested five persons, including the principal and a teacher of a school in Godhra, in these cases.

The racket was unearthed after the Panchmahal district collector received a tip-off that some persons were involved in malpractices linked to the exam, as per the FIR registered on May 8 by the Godhra police.

Since the tip-off was received in advance, authorities prevented malpractices at the centre (Jay Jalaram School in Godhra) and the exam was conducted without a hitch, the FIR said.

Physics teacher Tushar Bhatt, school principal Parshottam Sharma, Vadodara-based education consultant Parsuram Roy, his aide Vibhor Anand and alleged middleman Arif Vohra were arrested by police.

As per the FIR registered at the Godhra taluka police station on a complaint of the district education officer, Rs 7 lakh in cash were recovered from Bhatt who taught at Jay Jalaram School and was appointed the deputy centre superintendent for NEET in the city.

Out of 27 students who had either paid in advance or agreed to pay money to Roy and others, only three were able to clear the exam, according to sources.

The accused had asked the candidates to solve a question if they knew the answer, and leave the remaining paper blank. The answers of remaining questions were be filled in by Bhatt when the papers were collected after the exam, as per the FIR.

More than 24 lakh students appeared for the NEET UG 2024 across centres in 571 cities. Results were released on June 4.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

Telangana: TJUDA calls off protests after talks with Health Minister

The Health Minister, Damodar Raja Narasimha, along with senior health officials held detailed discussions over the demands raised by TJUDA.

Updated On – 26 June 2024, 07:43 PM


Telangana: TJUDA calls off protests after talks with Health Minister


Hyderabad: The Telangana Junior Doctors Association (TJUDA), which was leading the indefinite medical strike in teaching hospitals and had temporarily paused the protests on Wednesday, has called-off their protests following successful talks with Health Minister, Damodar Raja Narasimha on Wednesday.

The Health Minister along with senior health officials held detailed discussions over the demands raised by TJUDA. With the State government, as part of efforts to meet the demands of the protesting junior doctors, according an administrative sanction of Rs 204.85 crore to take up construction of hostels in teaching hospitals, the junior doctors called off their stir.


The State government has released a Government Order (GO RT No 244) dated June, 26, 2024, sanctioning Rs. 204.85 crore for the civic works at for medical students and other civil works within the campuses of Osmania Medical College (OMC), Gandhi Medical College (GMC) and Kakatiya Medical College (KMC) in Warangal.

Out of the Rs 204.85 crore, a total of Rs. 80 crore has been allocated for construction of ladies hostel, Rs 35 crore for men’s hostel, Rs 6 crore for construction of a dental hostel and 90 lakh for repairs of renovation of boys hostel and laying CC roads at OMC.

Similarly, Rs 42 crore has been allocated to construct a ladies hostel, Rs 23 crore for men’s hostel and Rs 14.50 crore for construction of Senior Residents Hostel Block at Gandhi Medical College campus. The State government has also sanctioned Rs 2.75 crore for construction of an internal cement concrete road at KMC, Warangal.

Speaking on the occasion, the Health Minister said that the members of TJUDA thanked the State government for sanctioning Rs. 204 crore for developing infrastructure. “We have taken concrete measures to address the issues raised by junior doctors. Regarding the construction of new building at OGH, the matter is still in courts and we are very hopeful for an early resolution of the issues,” he said.

One in five Gazans facing extreme lack of food: WHO chief

“A high risk of famine persists across Gaza as long as the conflict continues. One in five people in Gaza experience an extreme lack of food. Almost all people in the Strip face high levels of acute food insecurity,” he wrote on the X social media platform.

The WHO chief emphasized that “only an end to the hostilities and immediate, unimpeded and sustained humanitarian access can reduce the risk of a famine occurring in the Gaza Strip.”

Israel waged its brutal war on besieged Gaza on October 7 after Hamas carried out an unprecedented operation against the occupying entity in retaliation for its intensified atrocities against the Palestinian people.

Israel has imposed a complete siege on the densely populated territory, cutting off fuel, electricity, food, and water to the more than two million Palestinians living there.

MP/PR

Euro 2024: England secures Group C Win with draw; Serbia holds Denmark

Slovenia entered the match highly motivated, knowing that earning at least one point would secure their place in the knockout stage, while the Three Lions had already advanced.

Published Date – 26 June 2024, 12:20 PM


Euro 2024: England secures Group C Win with draw; Serbia holds Denmark


Berlin: England claimed the top spot in Group C despite being held to a goalless stalemate by stubborn Slovenia while Denmark finished second after sharing the spoils with eliminated Serbia in the last round of group play.

Slovenia started highly motivated into the encounter knowing that at least one point would see them advance into the knockout stage whereas the Three Lions were already through.


Benjamin Sesko created the first clearcut opportunity after testing England goalkeeper Jordan Pickford with a header from close range in the fifth minute, reports Xinhua.

England sparked to life midway through the first half and thought it had broken the deadlock but for all that Bukayo Saka’s goal was ruled offside.

Harry Kane posed threat in the closing stage of the first half after heading narrowly wide following Kieran Trippier’s dangerous cross into the box.

After the break, chances were at premium as England controlled possession without doing damage to Slovenia’s well-positioned defence.

Slovenia’s defence kept England on the distance and secured one point to keep its Euro campaign alive.

“We wanted to complete the group stage atop the standings and to be in control of our own destiny. It was a tough match, but we improved a bit compared to our last game. We controlled the ball but failed to finish the job in the final third,” said Kane.

England coach Gareth Southgate added: “We were the better team and dominated. We had several chances to win the game but me missed the final pass.”

In the other Group C clash, Denmark couldn’t break the deadlock against Serbia, but the goalless draw was enough for the Danes to reach the knockout stage as runner-up.

With the results, England tops the group with five points, followed by Denmark, Slovenia (both 3 points) and Serbia (2 points).

The top two of each of the six groups and the best four third finishers will enter the round-of-16 knockout stage.

Rupee sees range-bound trade against $ in morning deals-Telangana Today

Opens at 83.52, gains further to trade at 83.45 against the greenback in initial deals, registering an increase of 12 paise

Published Date – 24 June 2024, 10:20 AM


Rupee sees range-bound trade against $ in morning deals

Representational photo

Mumbai: The rupee witnessed range-bound trading against the US dollar in early trade on Monday, amid a negative trend in the domestic equity market.

Forex traders said the strength of the American currency in the overseas market and elevated crude oil prices also weighed on the local unit and restricted the upmove.


At the interbank foreign exchange market, the local unit opened at 83.52 and gained further to trade at 83.45 against the greenback in initial deals, registering an increase of 12 paise from its previous closing level.

On Friday, the rupee hit the lowest level of 83.63 but finally settled at 83.57 against the dollar, registering a gain of 4 paise from its previous close.

“Price action on Friday seemed to indicate purposeful intervention by the central bank,” IFA Global said in a research note, adding that the rupee is likely to trade in 83.40-83.67 range with sideways price action.

Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.03 per cent higher at 105.82.

Brent crude futures, the global oil benchmark, fell 0.06 per cent to $85.19 per barrel.

“Indian rupee which gained slightly on Friday and is expected to remain range-bound with the Reserve Bank of India (RBI) sitting on the fence near to 83.60 to protect it after the USD/INR pair made an all-time low of 83.67 last week on constant equity-related outflows and the stronger dollar index,” said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.

Meanwhile, India’s forex reserves dropped by $2.922 billion to $652.895 billion for the week ended June 14, the Reserve Bank said on Friday.

In the previous reporting week, the kitty had jumped by $4.307 billion to $655.817 billion, a new all-time high after consecutive weeks of increase in the reserves.

Hezbollah Fires Rockets At Israeli Base, Says 4 Fighters Killed

Hezbollah Fires Rockets At Israeli Base, Says 4 Fighters Killed

On the Israeli side, at least 15 soldiers and 11 civilians have been killed, according to authorities.

Beirut:

Hezbollah said it fired “dozens” of rockets Thursday at a military base in northern Israel in retaliation for Israeli strikes on Lebanon, announcing four of its fighters had been killed.

Fears of all-out war between Israel and Hezbollah have risen in recent weeks as threats have intensified between the sides, which have traded regular cross-border fire since Hamas’s October 7 attack on Israel sparked war in the Gaza Strip.

Hamas ally Hezbollah said that “in response to the enemy attacks that targeted the city of Nabatiyeh and village of Sohmor”, its fighters bombed “the main air and missile defence base of the (Israeli) northern area command… with dozens of Katyusha rockets”.

It said in separate statements that four of its fighters, one from eastern Lebanon’s Sohmor, had been killed, and claimed two other attacks on Israeli troops and positions, including one with drones.

The Israeli military said in a statement that “approximately 35 launches were identified crossing from Lebanon”.

Air defences “successfully intercepted most of the launches. No injuries were reported,” it added.

It said air strikes “eliminated” three Hezbollah operatives, one in the Sohmor area and two in the country’s south.

The military also said that “two UAVs (drones) that were identified crossing from Lebanon fell” in northern Israel, reporting no injuries.

Lebanon’s official National News Agency reported Israeli attacks in several areas of south Lebanon on Thursday, and said a strike a day earlier in Nabatiyeh wounded “more than 20” people when a two-storey building was targeted.

Fears have grown the Gaza war could become a regional conflagration if the Israel-Hezbollah conflict, which so far has been largely limited to the border area, expands.

France’s foreign ministry said Thursday that Paris was “extremely concerned” about the fighting, calling “all sides to exercise the greatest restraint”.

Israeli Defence Minister Yoav Gallant said during a visit to Washington on Wednesday that his country did not want war in Lebanon, but could send it back to the “Stone Age” if diplomacy failed.

Amid Western diplomatic efforts to dial down tensions in recent months, German Foreign Minister Annalena Baerbock on Tuesday visited Beirut and cautioned that “miscalculation” could trigger all-out war, also urging “extreme restraint”.

The violence has killed 485 people in Lebanon, most of them fighters but also including 94 civilians, according to an AFP tally.

On the Israeli side, at least 15 soldiers and 11 civilians have been killed, according to authorities.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

All set for implementation of three new criminal laws in Telangana

Notification drafts are ready, and they will be notified in the next couple of days, says official

Published Date – 27 June 2024, 11:03 AM


All set for implementation of three new criminal laws in Telangana

Representational Image

Hyderabad: Telangana has put in place all necessary measures to implement the three new criminal laws — Bharatiya Nyaya Sanhita, Bharatiya Nagarik Suraksha Sanhita and Bharatiya Sakshya Adhiniyam — which are to come into force from July 1, a senior official said.

The official also said the translation process of these new legislations is also at the advanced stage and is expected to be completed before July 1. Notification drafts are ready, and they will be notified in the next couple of days for smooth implementation of the new laws, he said.


Teams have been constituted at various levels to see that these new laws are implemented as per the plan given by the Central government which has fixed July 1 as the date for implementation of the new laws and the State is ready (for the implementation of these new legislations), he said.

“Notification drafts have been prepared and in the next few days it will be notified so that the new laws are in operation from July 1. We are going ahead as per that programme only,” the senior official of the Home Department said.

Training sessions were organised for police officers and a workshop was also conducted at the Telangana State Police Academy on the new criminal laws for IPS officers across Telangana and they were also sensitised and briefed about the spirit of the new laws, he said.

“We have made all the preparations and training programmes were conducted for police officers and other officers in the criminal justice system in the State. They are prepared,” he added. Special teams were made to train the people and prepare the study material for everyone, he said adding some apps (applications) were also made wherein it is easy for them to understand the previous law and the new law (comparison of both).

He said the study and reference materials had been shared with all the officers at the field. As various procedures have been envisaged in the new laws and for that, team of prosecutors prepared SOPs and guidelines and they have been circulated to all the field officers to implement the new laws, the official added.

The Telangana Chief Secretary had also recently held a coordination meeting with departments such as health, prosecutors and law department and stakeholders were present.

The Bharatiya Nyaya Sanhita Bill was introduced first in the Lok Sabha on August 11, last year, along with the Bharatiya Nagarik Suraksha Sanhita and the Bharatiya Sakshya Adhiniyam Bills. The three Bills seek to replace the Indian Penal Code, 1860, the Code of Criminal Procedure Act, 1898, and the Indian Evidence Act, 1872, respectively.

The three laws got Parliament’s approval on December 21 last year and President Droupadi Murmu gave her assent on December 25. According to three identical notifications issued by the Union Home Ministry, provisions of the new laws will come into force from July 1.

Iran learn fate in third phase of 2026 World Cup qualifiers

Iran will be aiming to progress to a fourth World Cup in a row – and seventh in total – after appearing in 2014, 2018 and 2022 and take on a Qatar side attempting to qualify for the tournament for the first time, Tehran Times reported. 

The Qataris, who won a second consecutive Asian Cup title in February, played at the 2022 edition as hosts but have never progressed to the finals through the preliminaries.

Korea Republic leads the Group B cast with Iraq, Jordan, Oman, Palestine and Kuwait also in the hunt for the two automatic spots to the Finals. 

Korea will be the favorites, having made 10 consecutive FIFA World Cup appearances since 1986. 

Heading Group C will be Japan, who are seeking to qualify for the FIFA World Cup for the eighth consecutive time.

Standing in their way will be Australia, Saudi Arabia, Bahrain, China PR and Indonesia.

The preliminaries begin on Sept. 5 and run until June 10, with the winners and runners-up in each group qualifying automatically for the finals in Mexico, the United States and Canada.

The third and fourth place finishers in each group will advance to a fourth round, which will determine the continent’s two remaining guaranteed qualifiers.

MNA