During the early hours of trading, the Dow Jones Industrial Average (DJIA) plummeted by 1,083.07 points, a decline of 2.79 per cent, settling at 38,654.19.
The Sensex plunged by 2,222.55 points, closing at 78,759.40, while the Nifty fell by 662.10 points, ending the day at 24,055.60. Among the Nifty companies, only 5 advanced while 45 declined, underscoring the market's bearish sentiment.
The Sensex, India's benchmark stock index, opened with a sharp decline on Monday. The index has seen significant declines on several occasions, often in response to global and domestic economic events.
As per ADB, Asia and the Pacific can effectively manage their demographic deficits through proactive regional migration policies and human capital investment.
The reserves have been rising on and off for a long time now. So far in 2024, they have risen by about USD 40-45 billion, on a cumulative basis. The buffer of foreign exchange reserves insulates domestic economic activity from global spillovers.
Commodity-wise, paddy, pulses, oilseeds, millets, and sugarcane sowing have been higher year-on-year. Sowing for cotton and jute/mesta has, on the other side, declined.
A bench of Chief Justice of India DY Chandrachud and Justices JB Pardiwala and Manoj Misra said it is of the considered view that the constitution of an SIT headed by a former judge of this court should not be ordered when remedies under the law governing criminal procedure are not availe
The total two-wheeler sales of Hero MotoCorp in July declined to 3,70,274 units from 3,91,310 units in July 2023. The company sold a total of 3,40,390 motorcycles in July this year, and scooter sales stood at 29,884 units, according to an exchange filing by the company.
The Nifty 50 index opened with a decline of 221.90 points (0.89 per cent) at 24,789 points, while the BSE Sensex index declined by 708.55 points (0.87 per cent) to 81,158.99 points during the opening session.
Hyderabad (Telangana) [India], August 1: Way2News, a leading hyperlocal news platform, has released the findings of its recent survey titled "How South India Invests". The survey, which gathered data from over 65,000 respondents across 5 states--Andhra Pradesh, Telangana, Tamil Nadu, Karnata
China's manufacturing sector has experienced a decline for the third month in a row, as of July, with demand remaining weak despite recent government efforts to stimulate the economy in the world's second-largest economy.
A team of researchers found a connection between particular cognitive deficits and the inflammatory activity in the body caused by rheumatoid arthritis. These include a decline in working memory, inhibition, and focus as well as memory, abstract thought, and visuospatial skills.