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Sensex reclaims 79,000-level; Nifty tops 24,000 driven by buying in HDFC Bank, ICICI Bank

Mumbai, Apr 21 (PTI) Equity benchmark indices Sensex and Nifty surged in early trade on Monday driven by buying in HDFC Bank, ICICI Bank post their earnings announcement and continuous foreign fund inflows. The 30-share BSE benchmark Sensex jumped 599.66 points to 79,152.86 in early trade. The NSE Nifty climbed 152.55 points to 24,004.20. From the Sensex firms, Tech Mahindra, Axis Bank, HDFC Bank, Infosys, State Bank of India and IndusInd Bank were the biggest gainers. Adani Ports, ITC, Bharti Airtel, Titan, Hindustan Unilever and Sun Pharma were among the laggards. HDFC Bank’s stock quoted over 1 per cent higher

Gold soars to record high on trade war concerns, weaker dollar

April 21 (Reuters) – Gold prices surged to a record high on Monday, spurred by concerns over global economic growth due to the spiralling Sino-U.S. trade war, with a weaker dollar further boosting the rally. Spot gold had advanced 1.7% to $3,383.87 an ounce as of 0246 GMT, after hitting a record high of $3,384 earlier in the session. U.S. gold futures firmed 2% to $3,396.10. The dollar indexn hit a three-year low, making gold more attractive for other currency holders. “Fundamentally, markets are pricing in heightened geopolitical risks, driven by U.S. tariff tensions and stagflation concerns, while resilient central

High Court issues notice to MP govt on lack of live telecast of assembly proceedings

Indore, Apr 18 (PTI) The Madhya Pradesh High Court has issued notice to the state government seeking a reply on why proceedings of the assembly are not being telecast live for the public. Justices Vivek Rusia and Gajendra Singh of Indore bench of HC issued the notice on Thursday on a PIL filed by Congress MLAs Sachin Yadav and Pratap Grewal. The reply to the notice has been sought in four weeks. The next date of hearing is likely to be June 16. Under the ‘National e-Vidhan Application’ introduced by the Central government, legislative assemblies and councils of all the

Never seen any Rajya Sabha chairperson make such political comments: Sibal on Dhankhar’s judiciary remarks

New Delhi, Apr 18 (PTI): Rajya Sabha member Kapil Sibal slammed Vice President Jagdeep Dhankhar on Friday for questioning the judiciary over the timeline for the president to take decisions, saying this is “unconstitutional” and he had never seen any Rajya Sabha chairman make “political statements” of this nature. A day after Dhankhar used strong words against the judiciary, Sibal asserted that the Lok Sabha Speaker and the Rajya Sabha Chairman remain equidistant between the opposition and the ruling party, and cannot be the “spokesperson of the party”. “Everyone knows that the Lok Sabha Speaker’s chair is in between. He

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