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Sensex plunges 156 pts, focus shifts to macro data

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Sensex

Mumbai, Jun 12: The Sensex picked up cues from a lacklustre Asia as it stumbled 156 points today in the beginning of the week after investors started to take profit ahead of key IIP and inflation numbers due later in the day.

Asian shares traded in the negative territory after polls in the UK threw up a hung Parliament and markets await the results of the first round of France’s parliamentary elections.

The 30-share index plunged by 155.91 points, or 0.49 per cent, to 31,106.15.

The gauge had gained 48.70 points in the previous session on Friday.

Sectoral indices such as technology, IT, capital goods, bank, PSU, power, auto, oil and gas tripped, falling by up to 0.62 per cent. Major IT players felt the heat as Wipro, TCS and Infosys slid by up to 2.08 per cent.

National Stock Exchange’s Nifty retreated by 45.35 points, or 0.46 per cent, to 9,622.90.

Profit-booking by participants paced up ahead of key macro data – index of industrial production (IIP) for April and consumer price index-based inflation for May are slated for release after market hours today.

A depreciating rupee against the dollar weighed, traders said.

While Japan’s Nikkei was down 0.36 per cent, Hong Kong’s Hang Seng shed 1.02 per cent in early trade today. China’s main Shanghai Composite was also down by 0.24 per cent.

PTI

India

Hemraj’s wife moves to Supreme Court,challenging acquittal of Arushi’s parents

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Arushi's parents, Nupur Talwar and Rajesh Talwar (File Photo)

In Arushi-Hemraj Murder Case of 2008,  Hemraj’s wife has moved to  Supreme Court, challenging acquittal of  Arushi’s parents Rajesh &  Nupur Talwar.

The Allahabad high court on 12th October acquitted Rajesh and Nupur Talwar for the murder of their daughter Aarushi and domestic help Hemraj in 2008, setting aside the 2013 verdict by a special Central Bureau of Investigation (CBI) court in Ghaziabad.

The couple were awarded life sentence by a special CBI court in Ghaziabad on 26 November 2013, a day after their conviction.

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Cabinet approves bill to replace Medical Council of India

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Medical Council Of India
Medical Coucil Of India

New Delhi, Dec 15: A bill to replace the Medical Council of India (MCI) with a national medical commission was cleared by the Union Cabinet on Friday, Law and Justice Minister Ravi Shankar Prasad said.

“The MCI will be replaced, and a National Medical Commission bill has been brought. This is to correct the whole medical ecosystem,” he said.

The MCI is a statutory body for establishing uniform and high standards of medical education in India. The bill seeks to replace the MCI with a new Commission.

According to government sources, the National Medical Commission Bill envisages a four-tier structure for the regulation of medical education, with a 20-member National Medical Commission at the top.

IANS

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New fellowship to promote research in Hindi

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New Delhi, Dec 15 : Researchers in Hindi can opt for an upcoming fellowship that will grant Rs 75,000 per month for a period of six to nine months. The research will ultimately culminate into a full-fledged book, which the organisers will help publish.

Titled “Gyanvriti,” the fellowship is being organised by the Dainik Jagran newspaper and is aimed at promoting research in original writing in Hindi, covering diverse subjects like History, Political Science, Social Science and Economics, among others.

“Gyanvritti will give opportunity to scholar to do research in in subjects like History, Political Science, Social Science, and Economics etc. Scholars can apply online for this fellowship program only. Applicants can send their entries by writing synopsis in a thousand words in related topics,” the organisers said in a statement.

The final decision will rest with the jury members: Professor S N Chaudhary from Barkatullah University and Shakti Sinha, director of Nehru Memorial Museum and Library, along with the editorial team of Dainik Jagran. The selection of the research fellow will be based on a 1000-word synopsis that the applicants are required to submit.

The selected scholar will then be required to present the progress report of research every three months before an expert panel of the organisers.

The copyright of the 200-page book resulting from this fellowship will rest with the author.

IANS

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