MUMBAI: Memories from a viral outbreak five years ago returned on Monday to combine with worries of weak earnings, falling currency and slowing economic growth, whipping stocks and erasing ₹11 lakh crore of investor wealth.
The BSE Sensex and NSE Nifty crashed more than 1.5% each and the fear gauge Vix rose the most in four months, on a day India detected multiple cases of the Chinese-origin human metapneumovirus (HMPV).
Lacklustre quarterly updates by banks over the weekend signalling slower credit growth worsened sentiment. Banking behemoth HDFC Bank reported credit growth of 3% on-year in its quarterly update for the third quarter of FY25, which disappointed markets. The bank's shares closed 2.23% on the BSE.
Denne historien er fra January 07, 2025-utgaven av Hindustan Times Lucknow.
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Denne historien er fra January 07, 2025-utgaven av Hindustan Times Lucknow.
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India Prepares for Tricky Trade Dance with Trump
Easier access likely for more American goods, but no unilateral tariff cuts
CCPA Issues Notices to Ola, Uber on Differential Pricing
The Notices to the Ride-Hailing Platforms Came After Consumer Complaints and Viral Social Media Posts
Controversial social media bill gets parl nod
Pakistan's lower house of parliament on Thursday passed a controversial bill that will give the government sweeping controls on social media, including sending users to prison for spreading disinformation.
Spare the H-1B visa programme
America's labour worries are structural, and have very little to do with immigrants
Insurance merger on hold, govt may pick one for sale
The Centre may drop its plan to merge three general insurers and instead pick one of them for privatisation this fiscal year, two people aware of the development said.
Two From Uttar Pradesh Among Those Killed in Pushpak Tragedy
Among the deceased in the freak train accident that left at least 13 people dead was Nasiruddin Badaruddin Sidhiquie, 20, from Gonda.
Pak ISI's Visit to Dhaka Signals Sudden Shift in Military Ties
There Have Been Several High-Level Contacts Between the Two Countries in Recent Weeks
Oppn hits out at NC chief over Article 370 remarks
A political row erupted on Thursday over National Conference (NC) president Farooq Abdullah's claims that Article 370 was formulated to protect the Dogras in Jammu and not Kashmiris.
Terror Funding Case: HC Seeks NIA Reply on Plea of Engineer Rashid
The Delhi high court on Thursday issued notice on a plea by Engineer Rashid, an MP from Jammu & Kashmir, seeking directions to the city court to pronounce orders on his bail plea in a terror-funding case.
Inquiry begins to find trigger for freak Jalgaon train tragedy
A curve on the tracks was likely one of the main factors behind the freak Jalgaon train incident, as it obstructed the line of sight of one of the drivers and limited the time he had to apply emergency brakes, officials aware of the matter said on Thursday as authorities began investigating the trigger for the incident.
