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Stock markets decline on selling in blue-chips amid fresh tariff hike threat by US

Mumbai, Jan 5 (PTI) Equity benchmark indices Sensex and Nifty ended lower on Monday, dragged by blue-chip HDFC Bank, Reliance Industries and IT stocks amid fresh warning from the US to further raise tariffs against India. The 30-share BSE Sensex dropped 322.39 points or 0.38 per cent to settle at 85,439.62. During the day, it tanked 446.68 points or 0.52 per cent to 85,315.33. A total of 2,545 stocks declined, while 1,723 advanced and 203 remained unchanged on the BSE. After hitting a record intra-day high of 26,373.20, the 50-share NSE Nifty failed to carry forward the momentum and declined

Delhi riots case: SC refuses bail to Umar Khalid and Sharjeel Imam, gives it to five others

New Delhi, Jan 5 (PTI) The Supreme Court on Monday refused bail to activists Umar Khalid and Sharjeel Imam in the 2020 Delhi riots conspiracy case but granted it to five others, citing “hierarchy of participation” and saying all accused in the case do not stand on the same footing. There was a prima facie case against Khalid and Imam under the Unlawful Activities (Prevention) Act, a bench of Justices Aravind Kumar and N V Anjaria said. While the two will remain in jail, activists Gulfisha Fatima, Meeran Haider, Shifa Ur Rehman, Mohd. Saleem Khan and Shadab Ahmad have been

SBI to promote India-Israel trade in rupee

Jerusalem, Jan 5 (PTI) Amid deepening strategic ties and discussions around Free Trade Agreement (FTA) between India and Israel gaining momentum, the SBI (State Bank of India), the only Indian bank with a presence in Israel, is looking to facilitate bilateral trade in Indian rupees. “In view of India’s significant trade flows from/to its partner countries and growing interest among the global trading community to trade in the Indian rupee, it has been envisaged by our banking regulators, i.e. Reserve Bank of India, to permit Indian banks to facilitate settlement of exports and imports of their respective corporate clientele in

Trump says that Ukraine didn’t target Putin residence in a drone strike as Kremlin claims

ABOARD AIR FORCE ONE, January 5, 2026 (AP) — President Donald Trump on Sunday told reporters that U.S. officials have determined that Ukraine did not target a residence belonging to Russian President Vladimir Putin in a drone attack last week, disputing Kremlin claims that Trump had initially greeted with deep concern. Russian Foreign Minister Sergey Lavrov last week said Ukraine launched a wave of drones at Putin’s state residence in the northwestern Novgorod region that the Russian defense systems were able to defeat. Lavrov also criticized Kyiv for launching the attack at a moment of intensive negotiations to end the

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