05:40 PM : Local channel reports Tamil Nadu Chief Minister Jayalalitha dead. Apollo Hospital, however, denied the reports and said that Amma was still critical and on life support.

05: 29 PM: Tata Sons former Chairman Cyrus Mistry’s office writes letter to 6 Tata Group companies making acase as to why they should not oust him

4:25 PM:

4:17 PM: “Some are saying that the Centre has done a good job. They will be taught a lesson by people when they go to polls. The country is not benefited by it (demonetisation). The scheme which is associated with patriotism is harming the country. Development works going on a good pace have stopped. The economy is going slow. The government (at Centre) has pushed the economy back and confused the country,” Uttar Pradesh Chief Minister Akhilesh Yadav said.

4:02 PM: Delhi High court allowed AAP government’s plea to transfer the Plastic Ban matter to National Green Tribunal.

4:00 PM:

3:56 PM: State Bank of India today said the merger plan of associates with itself is on track and it should not get delayed due to the ongoing demonetisation process.

3:53 PM:

3:35 PM: The benchmark BSE Sensex was up by over 115 points to close at 26,349.10, while NSE Nifty settled at 8,128.75.

3:21 PM: Directed all the Ministries/Departments of the Govt of India to ensure the same with immediate effect: Finance Ministry.

3:19 PM: Any Payment above Rs 5,000 to suppliers, contractors, grantee/loanee institutions etc by government departments to be made now through e-Payment: Finance Ministry.

3:10 PM: The benchmark BSE Sensex was trading up by over 110 points at 26,348.34 while NSE Nifty up by over 30 points at 8,122.40.

3:06 PM: Khalistan Liberation Force terrorist Harminder Mintoo’s police custody extended by 7 days by Delhi Court.

2:43 PM: The benchmark BSE Sensex was trading up by over 80 points at 26,313.29 while NSE Nifty up by over 30 points at 8,121.05.

2:31 PM:

2:28 PM: Both Lok Sabha and Rajya Sabha adjourned for the day demonetisation.

2:26 PM: Word ‘bhaandgiri’ used by Samajwadi Party MP Naresh Agarwaal has been expunged as it was unparliamentary: Rajya Sabha Deputy Chairman PJ Kurien.

2:25 PM: We take strong objection to this ‘bhaandgiri’ word used by Naresh Agarwal ji, its unparliamentary and must be expunged: MA Naqvi in Rajya Sabha.

2:21 PM:

2:13 PM:

2:12 PM:

2:05 PM: The benchmark BSE Sensex was trading up by over 120 points at 26,354.51 while NSE Nifty up by over 40 points at 8,130.00.

1:34 PM:

1:32 PM: Special CBI court adjourns till 1st March ’17 the plea (for re investigation) filed by Prakash Javadekar and Hansraj Ahir in coal block scam.

1:29 PM:

12:55 PM: Lok Sabha adjourned till 2 PM.

12:52 PM: The BSE benchmark slipped from its opening gains, trading down by over 35 points in late morning trade following selling of stocks in IT, Consumer Durables, Finance, Capital Goods and Oil&Gas sectors amid weak Asian cues. Investors largely turned cautious and preferred to remain on the sidelines over global market situation following the Italian referendum and subsequent resignation of that country’s Prime Minister Matteo Renzi. Buying interest was witnessed in Telecom, FMCG, Auto, Metal, HealthCare, Bank and Utility sectors.

12:48 PM:

12:46 PM: Of course he (Mr Modi) is ‘Man of the Year’, who else can tear up every citizen’s pocket & throat with 1 stroke?: Congress leader Renuka Choudhury.

12:44 PM: He (PM) is too busy to come to Parliament, busy deciding how much gold married woman or unmarried woman is allowed to have: Renuka Choudhury.

12:44 PM:

12:33 PM: Don’t send out wrong message that opposition is against discussion. Are we wrong if we talk of people and their plight? Mallikarjun Kharge in Lok Sabha.

12:28 PM: Assure that will try our best to incorporate suggestions by opposition with regard to implementation of demonetisation: Union Home Minister Rajnath Singh in Lok Sabha.

12:26 PM: I thank the opposition that they never doubted government’s motive behind demonetisation: Rajnath Singh in LS.

12: 24 PM: I urge the opposition to kindly start the discussion as the ruling govt is fully prepared for it: Rajnath Singh.

12:13 PM: Government has majority, they are elected representatives but are still running away from voting: Leader of Opposition in Lok Sabha Mallikarjun Kharge said.

12:05 PM: Rajya Sabha adjourned till 2 PM after Opposition stage protest against demonetisation in the House.

11:50 AM:

11:45 AM: We are producing population equal to Australia every year,our resources are limited, so we have to think of national interest: Giriraj Singh

11:44 AM:

11:40 AM:

11:36 AM: Supreme Court dismissed the PIL filed by BJP leader, Ashwini Upadhyay seeking to establish a National Judicial Service Commission on the lines of UPSC.

11:34 AM: Lok Sabha adjourned till 12 noon

11:30 AM: Rajya Sabha adjourned till 12 PM after Opposition stage protest against demonetisation in the House.

11:24 AM:

11:17 AM: Uproar in Rajya Sabha as Opposition stage protest against demonetisation.

11:11 AM: Prime Minister Narendra Modi won the ‘Time Person of the Year’ poll. “Modi won with 18% of the vote when the poll closed Sunday at midnight. He placed well ahead of his closest contenders, including Barack Obama, Donald Trump and Julian Assange, who all received 7% of the “yes” vote. Modi also placed far ahead of other prominent figures of this year, like Mark Zuckerberg (2%) and Hillary Clinton (4%),” TIME magazine said in a report.

11:02 AM: BCCI vs Lodha panel matter: Supreme Court adjourned the matter till December 9.

10:58 AM: National Crime Records Bureau says, smuggling of fake currency was down from Rs 43.83 Cr in ’15 to Rs 27.70 Cr in Sept 2016: Union Minister Venkaiah Naidu.

10:47 AM: Supreme Court decides to hear the matter related to demonetisation on December 9.

10:41 AM:

10:20 AM: Our commitment is strong and our motto is to replace Red Tape with Red Carpet: PM Narendra Modi.

petro
PM Narendra Modi at Petrotech, 2016 in New Delhi. (ANI)

10:15 AM: My message to global hydrocarbon companies is, “we invite you to come and Make in India”: PM Narendra Modi at Petrotech, 2016 in New Delhi.

10:10 AM: Energy sustainability for me is a sacred duty, must do it out of commitment and not out of compulsion: PM Modi.

10:05 AM: India needs energy which is accessible to the poor. It needs efficiency in energy use: PM Narendra Modi

10:02 AM: Enforcement Directorate arrested two Axis Bank managers under Prevention of Money Laundering Act, 2002 for their alleged involvement in settling of unaccounted money.

9:56 AM: While global economy goes through uncertainty, India has shown tremendous resilience. FDI is at the highest level: PM Narendra Modi.

9:40 AM:

9:25 AM: The benchmark BSE Sensex opened in negative and was down by 27.81 points at 26,202.85, NSE NIfty was down by 0.12% at 8,076.85.

PRE-MARKETS

Investors and Europe’s politicians fear victory for the opposition ‘No’ camp could cause political instability and renewed turmoil for Italy’s banking sector, which has been hit by fears over its huge exposure to bad loans built up during years of economic downturn. Renzi’s resignation represents a fresh blow to the European Union, the euro zone’s heavily indebted third-largest economy which is struggling to overcome a raft of crises. Ultimately, the danger is that Italy holds a vote on whether to leave the euro, possibly triggering a break up of the entire bloc. Analysts at RBCCM argued that, based on what happened in 2012 at the height of the Greek crisis, such a risk could see the euro trade as low as $0.8000. MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.3 percent, while E-mini futures for the S&P 500 narrowed losses to 0.2 percent. Japan’s Nikkei slid 0.5 percent. While the the long-awaited opening of the Shenzhen-Hong Kong Stock Connect went live on Monday, global risk aversion weighed on China’s and Hong Kong’s main indices. China’s CSI 300 index tumbled 1.2 percent. Hong Kong’s Hang Seng index reversed earlier losses to trade flat.

Wall Street ended last week on a cautious note, with the Dow off 0.11 percent, while the S&P 500 rose 0.04 percent and the Nasdaq gained 0.09 percent. While Friday’s US payroll report was firm enough to cement expectations of a rate hike by the Federal Reserve this month, a surprise pullback in wages helped bonds pare a little of their recent losses. In commodity markets, oil ran into profit-taking after boasting its best week in at least five years following OPEC’s decision to cut crude output. Markets are now focused on the implementation and impact of OPEC’s first output cuts since 2008, to be joined by Russia and possibly other non-OPEC producers. Brent crude was down 49 cents at $53.97 a barrel, while U.S. crude lost 37 cents to $51.31.