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Two days of market fall erodes Rs 8.67 lakh crore from investors wealth

July 25, 2025
Finance

New Delhi, Jul 25 (PTI) Investors’ wealth eroded by Rs 8.67 lakh crore in two days of sharp fall in the equity market, where the benchmark Sensex tanked 1.52 per cent. Persistent foreign fund outflows and heavy selling in financial, IT stocks have dragged the markets lower. In the past two trading days, the 30-share BSE Sensex has dropped 1,263.55 points or 1.52 per cent. Following the sharp fall in equities, the market capitalisation of BSE-listed firms fell by Rs 8,67,406.75 crore to Rs 4,51,67,858.16 crore (USD 5.22 trillion) in two days. On Friday, the Sensex tanked 721.08 points or

Bihar CM Nitish berates opposition members for coming to assembly dressed in black

July 25, 2025
Politics

Patna, Jul 25 (PTI) Bihar Chief Minister Nitish Kumar on Friday berated opposition MLAs for turning up at the assembly wearing black shirts, as a mark of protest against the special intensive revision of electoral rolls. The longest serving CM of the state expressed his vexation on the final day of the monsoon session, which is the current assembly’s last before fresh elections, to be announced in barely a couple of months from now. As Speaker Nand Kishor Yadav started conducting the Question Hour, opposition members were on their feet, raising slogans against the exercise, which has kept the assembly

RBI won battle against inflation, war continues, Governor Sanjay Malhotra says

July 25, 2025
Finance

MUMBAI, July 25, 2025 – The RBI (Reserve Bank of India) has won the battle against inflation but the war continues as price stability remains the primary objective, Governor Sanjay Malhotra said in a fireside chat at an event organised by newspaper Financial Express on Friday. “Our primary objective [is] to maintain price stability and we have mentioned that it is not inconsistent with the other objectives we have of growth because that is a pre-requisite,” the governor said, adding that the upcoming rate decision will be guided by the revised forecast numbers. The comments come ahead of the central

Tea-loving Nepal is warming up to coffee

July 25, 2025
General

KATHMANDU, Nepal, July 25, 2025 (AP) — Coffee hasn’t always been an easy sell in Nepal. The Himalayan country is a major tea producer, as well as a major consumer. When people greet each other in the morning, they don’t ask “how are you.” They say “have you had your tea?” Tea — usually served with as a sweet, milky beverage in a piping hot glass tumbler — is as much a part of Nepal’s culture as rice, a constant presence at homes, meetings and social gatherings. But a growing number of Nepalis are warming up to coffee, as trendy

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