Sunday, October 25
An earthquake measuring 7.1 on the Richter Scale struck Nepal early on Tuesday morning. According to the United States Geological Survey (USGS), the quake’s epicentre was located 93 kilometres northeast of Lobuche. It occurred at 06:35:16 Indian Standard Time (IST), creating widespread alarm in the region.The seismic activity was not confined to Nepal. Strong tremors were reported across Delhi-NCR and several parts of North India, including Bihar. Many residents in these areas felt the ground shaking and rushed outdoors for safety. Local authorities have since issued precautionary advisories.Emergency response teams in Nepal and India are on high alert to assess the impact of the earthquake. Officials are closely monitoring the situation and have urged citizens to remain calm and prepare
The Nifty formed an Inside Bar candle on the daily chart on Tuesday, closing near the 23,700 mark. However, market sentiment remains cautious. A breach below the 23,600 level could lead to further corrections towards 23,400 and 23,000, identified as immediate support levels. On the upside, resistance is pegged at 23,800 and 24,000.Technical indicators presented mixed signals. The RSI at 43 suggested bearish momentum, while the Stochastic RSI showed a bullish crossover, hinting at a possible short-term recovery. This divergence underlines the importance of vigilance, as the market lacks a definitive directional bias, said Mandar Bhojane of Choice Broking.According to the open interest (OI) data, the highest OI on the call side was observed at 24,000 and 23,800 strike prices, while on the pu
Bollywood actor Varun Dhawan along with his wife has purchased a luxury apartment in Mumbai’s plush Juhu locality for Rs 44.52 crore.The couple has acquired the property spread over 5,512 sq ft on the seventh floor of an under-construction tower, D'Decor Twenty, from home furnishings company D'décor Exports Pvt Ltd.The deal is valued at over Rs 87,000 per sq ft basis and is among the costliest deals in the Juhu area that is known for the properties of Bollywood actors, directors, and producers. It also counts many industrial and corporate world biggies as its prominent residents.The buyers have paid stamp duty of Rs 2.67 crore for the registration of the deal that took place on December 3, showed documents accessed through IndexTap.com.ET’s email query to D'décor remained unanswered
Indian cities achieved an average 27 per cent reduction in PM2.5 pollution levels from 2019 to 2024, with those under NCAP alone recording a 24 per cent decline, a new report has found. According to the report by climate tech firm Respirer Living Sciences, Varanasi and Moradabad reduced PM2.5 levels by 76 per cent and 58 per cent, respectively. Other top performers include Kalaburagi (57.2 per cent), Meerut (57.1 per cent), Katni (56.3 per cent), Agra (54.1 per cent), Baghpat (53.3 per cent), Kanpur (51.2 per cent) and Jodhpur (50.5 per cent).116918375"Air quality has improved considerably, with a 27 per cent decline in PM2.5 levels across all monitored cities since 2019. NCAP (National Clean Air Programme) cities alone achieved a 24 per cent reduction, showing progress in combating air po
India's life insurance industry, which is undergoing rapid transformation, finds Life Insurance Corporation of India (LIC) striving to reclaim its dominance, brokerage firm Centrum Broking said as it initiated coverage on LIC and four other major life insurers with a ‘buy’ rating, citing robust growth prospects for private players and LIC’s efforts to pivot towards higher-margin products. Centrum Broking’s latest report on India’s life insurance sector highlighted a bullish stance on LIC, SBI Life Insurance, HDFC Life Insurance, ICICI Prudential Life, and Max Life Insurance. Among these, SBI Life and HDFC Life have emerged as the brokerage’s preferred choices due to their consistent market share gains and innovative product strategies, outperforming LIC in key metrics.LIC, the
