MUMBAI: Indian stocks continued to slide for the third straight day on Thursday, registering their worst weekly performance in over a month, as rising crude prices and fears of a US interest rate hike weighed on investor sentiment.
On Thursday, the benchmark indices Sensex and Nifty slid 1.06% and 1.01% to hit 59,464.62 and 17,757, respectively.
The Sensex is down 2.87% so far this week, while the Nifty is down 2.73%, their worst weekly performance since the week of 13 December, when both indices witnessed a correction of 3%.
The three-day downward streak has erased investor wealth by ₹6.8 trillion.
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In relief for states, govt hikes its rates for PDS operations
The fresh norms for payments take into account increased costs of food distribution due to higher inflation.
Bengal looks to make CM chancellor of its varsities
The West Bengal cabinet on Thursday decided to table a bill in the state assembly to replace the governor with the chief minister as chancellor of all state-run universities, education minister Bratya Basu said, a move seen as a fallout of the long-running battle between chief minister Mamata Banerjee and governor Jagdeep Dhankhar.
Texas massacre: Police face scrutiny over 'late' response
UVALDE, TEXAS: As investigators worked to track the massacre that lasted upwards of 40 minutes and ended only when Salvador Ramos, the 18-year-old shooter, was killed by a Border Patrol team, witnesses said on Wednesday that frustrated onlookers urged police officers to charge into the Texas elementary school.
Certain kind of films don't define your place in the industry: Yami
Actor Yami Gautam Dhar's last two outings - A Thursday and Dasvi-were both released directly on an OTT platform and managed to strike a chord with the viewers.
Swiatek races to 30th straight win, Medvedev cruises at French Open
Unstoppable world No 1 Iga Swiatek racked up her 30th successive victory at the French Open on Thursday as Karolina Pliskova became the sixth top 10 women's seed to exit Roland Garros when she was knocked out by world No 227 Leolia Jeanjean.
SC rejects Centre's bid to review CBI probe into HZL stake sale
The NDA government had disinvested 26% of HZL equity in 2002 through sale to SOVL
Will work as city's local guardian': Delhi's new LG Saxena takes oath
Vinai Kumar Saxena, the former chairperson of the Khadi and Village Industries Commission (KVIC), took oath as the Capital's 22nd Lieutenant Governor (LG) on Thursday, over a week after his predecessor Anil Baijal resigned citing personal reasons.
Monsoon onset likely to be weak, delayed: IMD
After the initial euphoria over the monsoon moving fast towards the Indian coast and arriving early in Kerala - it should have arrived already by those projections - meteorologists said it is likely to make a weak, and likely delayed, onset over Kerala following which it will progress slowly during the first week of June.
'Mercury may return to familiar 40°C tomorrow'
After three relatively cooler days, thanks to two thunderstorm spells since Monday, Delhi's temperature rose above the 35 degrees Celsius (°C) mark on Thursday to settle at 36.7°C, according to data from Safdarjung, the city's base weather station.
Delhi's forest dept excavates rail body project site to prove tree-felling claims
The state forest and wildlife department, in a rare move, has begun excavations across the site of the Bijwasan Rail Terminal Project in Dwarka's Sector 21, in order to find the 'roots' of trees allegedly felled by the central rail development body.
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