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From the Sensex pack, Tata Motors, Tata Steel, Larsen & Toubro, Reliance Industries, Maruti Suzuki India, IndusInd Bank, Infosys, HCL Technologies, NTPC, Tech Mahindra, Sun Pharmaceutical Industries, and Adani Ports were among the laggards. File | Photo Credit: The Hindu Benchmark equity indices Sensex and Nifty slumped in initial trade on Friday (April 4, 2025) owing to heavy selling in metal, oil & gas shares as U.S. President Donald Trump’s sweeping tariff salvo reignited the fears of global trade war. Besides, foreign fund outflows have also dented the investor sentiment. The 30-share BSE Sensex slumped 591.05 points or 0.77% to…
Legendary Indian actor Manoj Kumar passed away at 87 in Mumbai after battling prolonged illness. A celebrated actor, filmmaker and lyricist, Manoj Kumar was known for patriotic films that helped define ideas of Indian nationhood. His movies such as Woh Kaun Thi?, Upkar and Purab Aur Paschim are not only cultural touchstones but a repository of indelible images and sounds. Working in the golden age of Hindi film music, Manoj Kumar was the face of several iconic songs woven into our national memory. Here are some of the greatest songs of Manoj Kumar to mourn him with —‘Lag Jaa Gale’ from Woh…
At the interbank foreign exchange, the Rupee opened at 85.07 against the greenback, then gained ground and touched 84.96, up 34 paise from its previous close. | Photo Credit: The Hindu Rupee appreciated 34 paise to 84.96 against the U.S. dollar in early trade on Friday (April 4, 2025), as the greenback’s broad-based weakness following the impact of U.S. President Donald Trump’s tariffs offered relief to emerging market currencies, including the Rupee. The key catalysts for the Rupee’s rebound include the fall in crude oil prices and the weakness of the American currency in the overseas market. Forex traders said…
Last September, fashion designer Jenjum Gadi briefly stepped away from clothes. He dipped into an alternate creative outlet, instead — that of sculpture. He took inspiration from his mother’s garden back home in Arunachal Pradesh for Apase, an exhibition featuring brass fruits and vegetables. With its resounding success, Gadi secured a space for himself in the world of art. And now, he’s building his reputation with another exhibit of brass sculptures, titled Transcendent Memories. An extension of his debut, the show uses ancient repoussé and chasing techniques to create intricate pichwai motifs.Jenjum Gadi“Transcendent Memories continues to reflect on my childhood,…
Indian tech startup ecosystem witnessed ‘measured recovery’ after a prolonged funding winter: Nasscom
Rajesh Nambiar, President, Nasscom. File photo | Photo Credit: THE HINDU The Indian tech startup ecosystem witnessed a ‘measured recovery’ after a prolonged funding winter, reported industry apex body, Nasscom, on Thursday (April 3, 2025) in a research done in collaboration with Zinnov, a business management consultant.‘’The Indian tech startup ecosystem demonstrated resilient progress in CY2024, reflecting a year of measured recovery characterized by selective investor participation, steady funding momentum, and sustained entrepreneurial activity,’‘ said a joint report titled, ‘Road to Recovery – Indian Tech Start-up Landscape 2024. For instance, during calendar 2024, the country’s tech startup ecosystem witnessed a…
File picture of Indian Navy warship Udaygiri launched at Mazgaon Dockyard in Mumbai | Photo Credit: Emmanual Yogini The Government-owned Mazgoan Dockyard Shipbuilders Limited (MZDL) will open offer for sale to non-retail investors on Friday (April 4, 2025).MZDL will sell 2.83% of its equity shares, which is 1.14 crore, and another 2% as green shoe option in the stake sale, according to an exchange filing by the Department of Investment and Public Asset Management (DIPAM). Published – April 04, 2025 09:57 am IST
File photo of Bollywood actor Manoj Kumar | Photo Credit: PTI Veteran Hindi film actor Manoj Kumar passed away in Mumbai after battling prolonged illness. He was 87. Manoj Kumar was admitted to Kokilaben Dhirubhai Ambani Hospital in Mumbai, where he breathed his last. Confirming the news to ANI, filmmaker Ashoke Pandit stated, “It’s a very sad day for the film industry that we have lost a doyen of the Indian film industry. Early the morning at 3:30 a.m., he passed away. He had been not well for quite some time. He was bedridden. But his spirits were quite high. “We…
The huge national hate campaign forcing Malayalam film Empuraan to make 24 cuts after release is yet another demonstration of the fact that the cultural space in India now can accord freedom of speech only when it is in sync with the official ideology.Freedom of expression has always been subject to depredations from all political parties but what is distinct in the last decade is the unprecedented nature of the attacks (seen in the killings of right-wing critics Narendra Dabholkar, Govind Pansare, M. M. Kalburgi and Gauri Lankesh) and that these go beyond the political realm and stem from a deeply solidifying…
A.P. govt. issues show-cause notice over use of land sanctioned for Rama Naidu Studios in Vizag
A view of Rama Naidu Studios on Beach Road in Visakhapatnam. | Photo Credit: V. RAJU The Andhra Pradesh government has issued a show-cause notice to M/s Suresh Production Private Limited for trying to obtain permission for a residential layout on 15.17 acres of the 34.44 acres of land allotted to it for the construction of Rama Naidu Studios in Visakhapatnam.Visakhapatnam East MLA Velagapudi Ramakrishna Babu had filed a Special Leave Petition (SLP) in the Supreme Court, opposing the change of landuse for a part of the stretch given for the studio. Supreme Court order The apex court, in its…
Average rents in the commercial segment increased by 3% year on year, reaching ₹69.2 per sq.ft per month, reflecting a rise in occupier demand. File photo | Photo Credit: S.R. Raghunathan Chennai’s residential market recorded a 10% year-on-year growth in sales, with 4,357 units sold during the first quarter of 2025. New launches also saw an uptick, with 4,576 units introduced, reflecting a 5% year-on-year growth, according to Knight Frank India. In its latest report, ‘India Real Estate: Office and Residential (January-March 2025) Q1 2025’, Knight Frank India also pointed out that the average weighted residential price increased by 7% year…