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Stock markets bounce back after three-day decline; Sensex jumps 639 pts

Mumbai, Apr 27 (PTI) Benchmark stock indices Sensex and Nifty rebounded nearly 1 per cent on Monday, snapping the three-day falling streak following a rally in Reliance Industries and Sun Pharma and positive global trends. The 30-share BSE Sensex jumped 639.42 points or 0.83 per cent to settle at 77,303.63. During the day, it surged 755.83 points or 0.98 per cent to 77,420.04. The 50-share NSE Nifty climbed 194.75 points or 0.81 per cent to close at 24,092.70. Among the 30-Sensex firms, Sun Pharma jumped 7 per cent after it announced the acquisition of US-based Organon & Co in an

India boosts coal and gas output as power demand hits record peak in heatwave

NEW DELHI, April 27 (Reuters) – India ramped up coal and gas-fired power ​generation last week as peak demand ‌hit a record 256.1 gigawatts (GW) over the weekend amid a heatwave, official data showed. India’s ​peak power demand rose to a ​record 256.1 GW on April 25, up ⁠from the previous day’s record of ​252.08 GW, federal grid data showed. India ​operated about 9.6 GW of gas-fired capacity and ramped up coal-fired generation to around 187 GW, ​Grid-India data showed. NTPC, India’s top thermal ​power producer, is procuring gas through the Indian Gas ‌Exchange ⁠and operating plants as advised by

New research reveals coffee has positive impacts to your gut health

New research from APC Microbiome Ireland, a world leading research centre at University College Cork, has comprehensively explored the mechanisms behind coffee’s positive effects on the gut-brain axis for the first time1. The study published in Nature Communications and sponsored by the Institute for Scientific Information on Coffee (ISIC), reveals how regular consumption of both caffeinated and decaffeinated coffee can affect the gut microbiome, and in turn influence mood and stress levels. The benefits of coffee for both digestion and mood have been widely studied, but the exact mechanisms behind these effects have remained unclear. This research investigated how coffee

Paytm slumps over 8% after RBI cancels banking licence for its payments bank

April 27 (Reuters) – Shares of payment and financial services provider Paytm fell ​as much as 8.4% on Monday, their biggest intraday drop ‌in over three months, after India’s central bank last week cancelled the banking licence of Paytm Payments Bank Limited. The stock later recouped some losses to trade down ​about 3.5%. The Reserve Bank of India’s decision came two years ​after the regulator imposed business curbs over violations, ordering the ⁠bank to stop accepting fresh deposits due to what it ​said at the time was non-compliance with rules, including around customer due ​diligence, use of funds, and technology

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