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Rupee gains, closes at 86.9 as RBI intervenes
The New Indian Express Kannur
|February 12, 2025
Benchmark indices BSE Sensex and NSE Nifty50 plunged by nearly 1.3% each
DOMESTIC equity market extended its losing streak for the fifth consecutive session on Tuesday. Benchmark indices, the BSE Sensex and NSE Nifty50, plunged by over 1.3% each.
The ongoing bearish trend has wiped out a staggering ₹19 lakh crore in just five sessions, driven by escalating global trade tensions. The latest trigger was US President Donald Trump's decision to impose a 25% tariff on steel and aluminum imports. Additionally, the continuous outflow of foreign institutional investors (FIIs), the weakening rupee, and disappointing corporate earnings have exacerbated the market's downturn.
Sensex tumbled as much as 1,018.20 points, or 1.32%, to settle at 76,293.60 on Tuesday. In the past five sessions, the 30-share index has shed 2,290 points. The NSE Nifty50 fell 309.80 points, or 1.32%, to close at 23,071.80. On Tuesday, investors lost ₹9 lakh crore as the market capitalization of all BSE-listed firms came down to ₹409.26 lakh crore from ₹418.56 crore in the previous session.
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The New Indian Express Kannur
India faces $131-bn deficit with 6 FTA partners
AS India is aggressively pursuing free trade agreement (FTA) negotiations with several countries and regions, the country has a combined trade deficit of more than $131 billion with six of the 11 regions it is actively involved in negotiations, revealed the data from the Ministry of Commerce.
1 mins
December 12, 2025
The New Indian Express Kannur
Maha debt moves up from ₹7.8L cr to 9.3L cr this year
WITH continuous high-interest borrowing and the tabling of over additional %75,000 crore supplementary demands in the ongoing Maharashtra Assembly, the cumulative debt burden of Maharashtra is projected to go up from 27.82 lakh crore in 2024—25 to €9.32 lakh crore by the end of the current financial year.
1 mins
December 12, 2025
The New Indian Express Kannur
100 booked, 40 detained as farm stir against ethanol unit steps up in Raj
FORTY people, including a Congress leader, were detained and over 100 others booked in Rajasthan’s Hanumangarh district on Thursday, a day after a clash broke out between farmers and police during a protest over the construction of an ethanol factory in the district.
1 min
December 12, 2025
The New Indian Express Kannur
Once a Maoist hotbed, olympics begins in Bastar
CHHATTISGARH Chief Minister Vishnu Deo Sai on Thursday inaugurated the three-day division-level annual Bastar Olympics at the Indira Priyadarshini Stadium in Jagdalpur, where athletes from the seven districts of the Bastar division presented an impressive march-past.
1 min
December 12, 2025
The New Indian Express Kannur
Modi’s 3-nation tour to Oman, Jordan & Ethiopia soon, trade deal expected
PRIME Minister Narendra Modi will embark on a three-nation tour from December 15 to 18, with stops in Jordan, Ethiopia and Oman, a visit aimed at deepening India’s strategic footprint across West Asia and Africa and sealing a major free trade agreement with Oman.
1 min
December 12, 2025
The New Indian Express Kannur
FIFA WC 2026: Amul to sponsor Argentina again
AMUL, the world’s largest dairy cooperative and India’s leading food brand, has extended its partnership with the Argentina Football Association (AFA) for another season, continuing as the Official Regional Sponsor of the reigning FIFA World Cup champions.
1 min
December 12, 2025
The New Indian Express Kannur
Top leader surrenders in MP, Naxals on back foot
TWO Naxalites carrying cumulative rewards of 43 lakh on their heads surrendered before the security forces in Madhya Pradesh’s Balaghat district on Thursday.
1 min
December 12, 2025
The New Indian Express Kannur
VIKSIT WOMEN FOR A VIKSIT BHARAT
WHEN the Government of India released a report titled Children in India 2025, one statistic stood out quietly but powerfully: at the secondary school level, girls are now marginally ahead of boys in enrolment.
3 mins
December 12, 2025
The New Indian Express Kannur
Prez visits Manipur amid shutdown call by rebels
PRESIDENT Droupadi Murmu arrived in Manipur on Thursday on a two-day visit amid a shutdown called by a body of banned insurgent groups.
1 min
December 12, 2025
The New Indian Express Kannur
Diary entries of Patel’s daughter: A gift to Rajnath from Jairam
CONGRESS leader Jairam Ramesh on Thursday handed Rajnath Singh a copy of the diary entries written by Vallabhbhai Patel’s daughter, saying the records contained no reference supporting Singh’s claim that Jawaharlal Nehru intended to rebuild the Babri Masjid with public funds.
1 min
December 12, 2025
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