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The AAP's National Executive today decided not to have Yogendra Yadav in the party's key Political Affairs Committee, days after he and Prashant Bhushan questioned the functioning of party chief Arvind Kejriwal. A cartoon by Rohnit Phore.
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Sensex today touched the day's low of 29,289.05 – down over 700 points and settled a tad better at 29,380.73, still down 213 points or 0.72 per cent.
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Similarly, the 50-share NSE Nifty today made a new high 9,119.20, surpassing its previous intra-day high of 9,008.40 hit yesterday. However, the emergence of profit-booking at record levels dragged the index down by 73.60 points, 0.82 per cent down, to 8,922.65 at close.
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Within days of presentation of the Budget, the Reserve Bank today surprised markets by reducing the benchmark interest rate by 0.25 per cent to 7.5 per cent on the back of softening inflation and the government's commitment to continue the fiscal consolidation programme.
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BJP PDP alliance. A cartoon by Rohnit Phore.
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Gold prices rose marginally by Rs 10 to Rs 27,060 per 10 grams at the bullion market today on scattered wedding season demand from jewellers amid a firm global trend. Silver, however, remained under selling pressure and lost Rs 200 at Rs 36,800 per kg.
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The European Union (EU) has lifted the ban on import of Indian mangoes that it had imposed in April last year, Parliament was informed today.
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ICC Cricket World Cup Schedule for Feb 5.
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In line with weak stocks, the rupee today slipped by a hefty 33 paise — its fourth straight daily loss — to close at 62.25 against dollar amid RBI Governor Raghuram Rajan's comment that an "excessively strong rupee" is undesirable as it triggers disinflationary pressures.
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Services PMI.
‘TCS employee forced into early retirement after 30 years,’ claims Reddit user; ‘No severance pay, no compensation’
