National

Market Declines as Auto Stocks Weigh Heavily

Published

1 year ago

February 21, 2025

The stock market concluded lower on Friday, primarily influenced by a decline in auto stocks. The Sensex dropped 425 points, or 0.56%, to close at 75,311.06, while the Nifty fell by 117.25 points, or 0.51%, landing at 22,795.90. By the end of trading, both indices had decreased by 0.65%, with the Sensex at 75,247.39 and the Nifty at 22,763.20 points.The Nifty reached a high of 22,921.0 before sliding to a low of 22,733.3, while the Sensex fluctuated between 75,748.72 and 75,175.97.

Among sectoral performances, only the Nifty Metal index was in positive territory. The Nifty Auto index suffered the most, plummeting by over 2%, while the Nifty Pharma, Healthcare, and PSU Bank indices also experienced declines exceeding 1%.

The drop in auto stocks was attributed to reports of Tesla entering the Indian market with its inaugural electric vehicle shipment. Additionally, the rating agency ICRA projected that revenue growth for the Indian auto component industry would moderate to 7-9% in FY2025 and 8-10% in FY2026, a decrease from the 14% growth seen in FY2024.

The Bank Nifty index saw a decline of more than 1%, with all 12 bank stocks listed under it trading in negative territory. Among the top losers, Kotak Mahindra Bank fell nearly 2%, followed by ICICI Bank. Other notable decliners included AU Small Finance Bank, Punjab National Bank, Bank of Baroda, and Federal Bank, all of which saw their share prices fall by over 1%.

The Nifty Midcap100 and Nifty Smallcap100 indices closed down by 1.32% and 0.70%, respectively. Leading the gainers on the Nifty were Hindalco Industries (up 2.31%), Tata Steel (up 1.97%), SBI Life Insurance Company (up 1.74%), Eicher Motors (up 1.51%), and Larsen & Toubro (up 1.20%). Conversely, the biggest losers included Mahindra & Mahindra (down 5.99%), Bharat Petroleum Corporation (down 2.82%), Adani Ports & Special Economic Zone (down 2.56%), Tata Motors (down 2.41%), and Wipro (down 2.22%).

Notably, Bharat Heavy Electricals witnessed a decline of over 1% for the third consecutive session, following a Rs 30 crore arbitration case against the company. Meanwhile, shares of JSW Energy surged by as much as 7.6%, marking its fourth consecutive session of gains, after Morgan Stanley reaffirmed its ‘overweight’ rating on the stock. Religare Enterprises saw a significant rise of over 9% after the Burman family acquired majority control, allowing them to be designated as ‘promoters.’

In the global markets, Wall Street closed lower, with the S&P 500 down 0.4%, the Nasdaq 100 decreasing by 0.5%, the Dow Jones falling by 1%, and the Russell 2000 dropping by 0.9%.

National

Jammu University Introduces Fuel-Saving Measures

Published

23 hours ago

May 14, 2026

Namma Kudla

National : The University of Jammu has announced several fuel-saving measures following Prime Minister Narendra Modi’s appeal for fuel conservation. Vice-Chancellor Prof Umesh Rai said the university has decided to conduct all PhD viva voce examinations online to reduce travel and save fuel.

The university will also prefer virtual speakers for national and international conferences. In another step, the Academic Council meeting planned in Poonch has been shifted to the Jammu University campus to avoid unnecessary travel.

Prof Rai said the measures will help save fuel, time and resources. He also encouraged university staff to use bicycles and carpool while travelling to the campus.

National

One Year On: Pahalgam Attack Still Haunts the Nation

Published

3 weeks ago

April 21, 2026

Namma Kudla

National: One year after the deadly terror attack in Pahalgam, the nation remembers the 26 people who lost their lives. The attack took place on April 22 at Baisaran, a popular tourist spot.

At first, reports said only five people were injured. Later, it became clear that it was one of the worst terror attacks in the region in decades. Terrorists came out of the forest and opened fire on tourists.

Survivors said the attackers separated men from women and children. They then shot the men at close range. Many victims were reportedly targeted after being asked about their religion.

A heartbreaking image of Himanshi Narwal sitting beside her husband’s body became a symbol of the tragedy. Her husband, a naval officer, was among those killed.

The group The Resistance front, linked to Lashkar-e-Taiba, claimed responsibility. The case was investigated by the National Investigation Agency.

After months of tracking, security forces launched Operation Mahadev. On July 28, 2025, all three terrorists were killed after a long search operation.

The attack remains a painful memory and a reminder of the need for strong security.

National

Social Media Influencer-Turned Gangster Held Abroad

Published

1 month ago

April 9, 2026

Namma Kudla

New Delhi: Rao Inderjeet Yadav has been arrested in Dubai. He is wanted in a murder case from Haryana.

He fled India in 2024 after a businessman was killed in Rohtak. Police had been searching for him since then. Officials said Dubai authorities have asked for documents. He is likely to be brought back to India soon.

Yadav faces more than 15 criminal cases. These include extortion, fraud, and illegal land deals. The Enforcement Directorate also investigated him for money laundering. Raids led to the seizure of cash, cars, and documents.

He also ran a music company called Gems Tunes. It produced regional songs.

Yadav had a large social media following. He often showed his rich lifestyle online. He has denied all charges. He claims he is being framed.

Police are now preparing for further action.