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Stock markets end higher for 3rd day on strong global cues; Sensex surges 595 points, Nifty nears 26k

Mumbai, Nov 12 (PTI) Stock market benchmarks Sensex and Nifty stayed firm for the third consecutive day and ended with sharp gains on Wednesday, buoyed by massive buying in IT and consumer durables shares amid a rally in global equities markets. Traders said optimism over the anticipated resolution of the US government shutdown and growing expectations of interest rate cuts by the Federal Reserve also bolstered the sentiment. The 30-share BSE Sensex rallied 595.19 points, or 0.71 per cent, to settle at 84,466.51. It gained up to 780.69 points or 0.93 per cent to hit an intraday high of 84,652.01.

Participatory democracy key condition for my return, Yunus harming ties with India: Sheikh Hasina

Kolkata, Nov 12 (PTI) Ousted former Bangladesh prime minister Sheikh Hasina has said her return home hinges on the restoration of “participatory democracy”, lifting of the ban on the Awami League and the conduct of free, fair and inclusive elections. In an exclusive email interview to PTI from an undisclosed location in India, Hasina also accused the unelected Yunus administration of “endangering ties with India and empowering extremist forces”. Contrasting her foreign policy with that of the current interim government, she said the “broad and deep” relationship between Dhaka and New Delhi should be able to withstand the “foolhardiness of

PM degree: HC asks DU to file reply on pleas to condone delay in filing appeals

New Delhi, Nov 11 (PTI) The Delhi High Court on Wednesday asked the Delhi University to reply to pleas seeking condonation of delay in filing appeals challenging an order relating to disclosure of details of Prime Minister Narendra Modi’s bachelor’s degree. A bench of Chief Justice Devendra Kumar Upadhyaya and Justice Tushar Rao Gedela granted three weeks to the varsity to file its objection to the pleas. The bench was informed that there was a delay in filing the appeals challenging the single judge’s August order. “Solicitor General of India Tushar Mehta appears for the respondent (Delhi University). Objection to

US has to bring in talent from around the world: President Trump on H-1B visa

US President Donald Trump discusses the H-1B visa program, government shutdown, affordability and 50-year mortgages on 'The Ingraham Angle.'

New York, Nov 12 (PTI) US President Donald Trump appeared to defend the H-1B visa programme, saying America has to bring in talent from around the world as it does not have “certain talents” in the country. “I agree but you also do have to bring in talent,” Trump said, responding to a question in an interview with Laura Ingraham on Fox News on whether the H-1B visa issue will not be a big priority for his administration and if one wants to raise wages for American workers, the country cannot be flooded with hundreds of thousands of foreign workers.

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