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BusinessOn October 8, Indian stock markets saw a sharp decline with the BSE Sensex falling 892 points to 71,748 and the NSE Nifty dropping 316 points to 22,286. The fall was driven by the RBI's hawkish policy raising the repo rate to 5.50%, rising crude oil prices, a weakening rupee, and foreign fund outflows. Mid and small-cap stocks experienced steeper losses.
News18 Business·
PoliticsIn Delhi, opposition MPs including Rahul Gandhi continued their protest against the Election Commission and Chief Election Commissioner Gyanesh Kumar for the third consecutive day at India Block. After a lunch meeting, about 300 MPs boarded buses to proceed to Rajghat. Congress leader Kharage prayed for wisdom for Modi and Shah. Rahul Gandhi accused authorities of stopping peaceful protests. BJP responded with counter-arguments.
News18 Hindi··Delhi
TechnologyAmpereHour Energy has partnered with Ampt to deploy direct-to-battery energy storage systems. This collaboration aims to improve efficiency and reduce costs in renewable power projects across multiple regions by enhancing direct-to-battery technology solutions.
ET Energy Renewable·
PoliticsDelhi Police have increased security measures ahead of the Cockroach Janta Party's planned protest on October 10. Authorities are monitoring travel plans, bus bookings, and mobilization efforts, deploying thousands of personnel in New Delhi. Despite no formal permission granted, security around Jantar Mantar and nearby areas has been heightened. Coordination with schools, accommodation providers, and transport operators is ongoing to maintain law and order.
The Hindu··New Delhi
PoliticsCongress staged a protest in Srinagar demanding the removal of Chief Election Commissioner Gyanesh Kumar. Party workers attempted to march towards Lal Chowk but were stopped by heavy police and CRPF deployment and barricades outside the Congress headquarters on MA Road. The protest was part of a nationwide campaign against the Election Commission and the BJP-led Central Government.
Zee News Hindi··Srinagar
BusinessMarket experts suggest that buying gold and silver in installments during price dips around Dhanteras and Diwali could be a better investment strategy. They believe both metals may maintain strength, with silver showing a higher potential for price increase in the near term.
News18Hi Business·
News18 Business·
On October 8, Indian stock markets saw a sharp decline with the BSE Sensex falling 892 points to 71,748 and the NSE Nifty dropping 316 points to 22,286. The fall was driven by the RBI's hawkish policy raising the repo rate to 5.50%, rising crude oil prices, a weakening rupee, and foreign fund outflows. Mid and small-cap stocks experienced steeper losses.
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