Mumbai, Nov 8 (PTI) Equity benchmark BSE Sensex tumbled 330 points on Friday as investors pressed the exit button after Moody's cut India's credit rating outlook citing growth concerns.
Profit-booking following the recent record-setting run and unease over frothy valuations also took their toll, analysts said.
Washington, Nov 9 (AFP/PTI) President Donald Trump said Friday he has not agreed to roll back tariffs on Chinese imports, dampening recent optimism for a major de-escalation in the US-China trade war.
Amid a steady stream of conflicting reports, Trump's remarks appeared to push back against Beijing's claims that the two sides had agreed to remove tariffs in stages as part of a partial deal announced last month.
Dhaka, Nov 9 (PTI) Authorities in Bangladesh on Friday ordered the evacuation of about 18 lakh people from the low-lying coastal villages and islands as the country braced for a "very severe" cyclonic storm that is set to hit the country this evening.
Officials from the disaster management ministry said thousands of people have already been moved to safe shelters as the evacuation process was underway particularly in 10 southwestern coastal districts, which are likely to face the maximum brunt of Cyclone 'Bulbul'.
Kartarpur (Pakistan), Nov 9 (PTI) The historic opening of the Kartarpur Sahib Corridor is a testimony to Pakistan's commitment to regional peace, Prime Minister Imran Khan said on Saturday as he congratulated the Sikh community on the 550th birth anniversary of Baba Guru Nanak Dev, the founder of Sikhism.
The Kartarpur Sahib Corridor linking Dera Baba Sahib in Gurdaspur in India and Gurdwara Kartarpur Sahib in Pakistan was thrown open on Saturday, in a historic people-to-people initiative, sparking a glimmer of hope for improvement in the strained ties between the two countries.
Dera Baba Nanak (Gurdsapur), Nov 9 (PTI) Prime Minister Narendra Modi on Saturday inaugurated the Kartarpur corridor, flagging off the first batch of over 500 Indian pilgrims here, including former prime minister Manmohan Singh and Union minister Harsimrat Kaur Badal.
The corridor links Gurdwara Darbar Sahib in Pakistan, the final resting place of Sikhism founder Guru Nanak Dev, to Dera Baba Nanak shrine in this Punjab district.
Mumbai, Nov 8 (PTI) The rupee on Friday plummeted by 31 paise to hit an over three-week low of 71.28 against the US dollar after Moody's Investors Services cut India's rating outlook to negative citing growth concerns.
Moody's has changed the outlook on the country's ratings to 'negative' from 'stable', saying there was increasing risks that economic growth will remain materially lower than the past.
Kolkata, Nov 8 (PTI) West Bengal BJP president Dilip Ghosh on Friday justified his comment that Indian cow milk have "traces of gold", saying it was backed by conclusions of research taking place in the foreign countries.
He said those who are trolling him over the remark should first prove him wrong by producing counter research papers.
Lucknow, Nov 9 (PTI) The Uttar Pradesh Shia Central Waqf Board, whose appeal was dismissed by the Supreme Court while delivering the unanimous decision on the Ayodhya case on Saturday, has welcomed the verdict.
"The Shia Central Waqf Board welcomes the Supreme Court decision and congratulates the countrymen, especially those who fought the legal battle in a dignified manner," board chairman Waseem Rizvi said in a statement.
Lucknow, Nov 9 (PTI) Amid tight security measures in place, Uttar Pradesh remained peaceful following the Supreme Court judgement in the Ayodhya land title dispute case, a senior police officer said here on Saturday.
The apex court cleared the way for the construction of a Ram Temple at the disputed site, and directed the Centre to allot a 5-acre plot to the Sunni Waqf Board for building a mosque.
New Delhi, Nov 9 (PTI) Expressing dissatisfaction with the Supreme Court verdict that cleared the way for the construction of a Ram Temple at the disputed site in Ayodhya, the All India Muslim Personal Law Board (AIMPLB) on Saturday said it was contemplating seeking a review of the judgment, even as it appealed to people to maintain peace and amity.
The apex court directed the Centre to allot a 5-acre plot at an alternative place to the Sunni Waqf Board, one of the parties in the decades long contentious dispute, for building a mosque.
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