Day: February 5, 2019

Sensex, Nifty turn choppy ahead of RBI meet; Airtel cracks 4%

Sensex, Nifty turn choppy ahead of RBI meet; Airtel cracks 4%

Business
Updates from :  the Hindu : The 30-share index was trading 42.81 points, or 0.12 per cent, lower at 36,539.93. Benchmark indices started on a choppy note Tuesday as investors turned cautious amid selling by domestic and foreign funds ahead of RBI’s monetary policy review. The 30-share index was trading 42.81 points, or 0.12 per cent, lower at 36,539.93. Similarly, the 50-share NSE Nifty fell 16.45 points, or 0.15 per cent, to 10,895.80. On Monday, however, the Sensex ended 113.31 points, or 0.31 per cent, higher at 36,582.74. The index posted gains for a third straight day; the NSE Nifty also edged higher by 18.60 points, or 0.17 %, to close at 10,912.25. Investors are cautious ahead of the rate-setting 3-day policy review meeting of the Reserve Bank of India, scheduled
N.Korea protecting nuclear missiles, U.N. monitors say, ahead of summit talks

N.Korea protecting nuclear missiles, U.N. monitors say, ahead of summit talks

International
Updates from :  the Hindu : The U.S. special envoy for North Korea, Stephen Biegun, will meet his North Korean counterpart on Wednesday in Pyongyang to prepare for a summit later this month between President Donald Trump and North Korean leader Kim Jong Un. North Korea is working to ensure its nuclear and ballistic missile capabilities cannot be destroyed by military strikes, U.N. monitors said ahead of a meeting between U.S. and North Korean officials to prepare a second denuclearisation summit. The U.S. special envoy for North Korea, Stephen Biegun, will meet his North Korean counterpart on Wednesday in Pyongyang to prepare for a summit later this month between President Donald Trump and North Korean leader Kim Jong Un, the U.S. State Department said on Monday. Mr. Biegun h
U.K. Home Secretary orders Vijay Mallya’s extradition to India

U.K. Home Secretary orders Vijay Mallya’s extradition to India

General
Updates from :  the Hindu : The liquor baron now has 14 days to appeal. British Home Secretary Sajid Javid has signed the order for the extradition of liquor baron Vijay Mallya to India. The businessman — whose legal team had previously indicated their intention to appeal the extradition — will now have two weeks to lodge an appeal. The signing of the order on February 3 came just a few days shy of the two-month window from the date of judgement — December 10, 2018 — within which a decision had to be made. “On 3 February, the Secretary of State, having carefully considered all relevant matters, signed the order for Vijay Mallya’s extradition to India,” the British Home Office said in a statement. “Vijay Mallya is accused in India of conspiracy to defraud, making false represe
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