Markets Today Highlights: The NSE Nifty50 settled in the green at 23,176.05, with gains of 90.10 points, or 0.39 per cent

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Their combined wealth went past $1 trillion for the first time and reached an all-time high of $1,023.9 billion at the end of December

Illustration by Ajay Mohanty

In previous trading session, the Sensex plunged 1,048.90 points, or 1.36 per cent, to close at 76,330.01. Similarly, the Nifty50 dropped 345.55 points, or 1.47 per cent, ending the day at 23,085.95

stock market BSE building

The Delhi High Court has refused to grant bail to an alleged member of ISIS in a terror case by NIA over radicalisation of youths using cyber space.
A bench of Justices Prathiba M Singh and Amit Sharma dismissed the bail plea by Md Heydaitullah, who allegedly used Telegram groups to propagate the ideology of the terrorist group in India and recruit other persons.
The accused challenged a trial court order declining any relief on the ground that mere association or support to a terrorist organisation would not constitute an offence under the Unlawful Activities Prevention Act (UAPA).
The court rejected the contention, and said Heydaitullah, a qualified MBA graduate working at an IT company in Gurugram, was not a "passive" supporter as material showed that he advocated "Jihad in order to establish Khilafat" even through violent means.
"The Appellant admittedly in 2018 had taken an oath (Bayath) in the name of Abu Bakr al Baghdadi and Abu al-Hasan al-Hashimi al-Qurashi. Abu Bakr al ..

Delhi High Court

A Birmingham-based brother and sister duo associated with the Sikh Youth UK group have been sentenced by a UK court after being found guilty of fraud offences relating to charitable donations.
Rajbinder Kaur, 55, was convicted for money laundering and six counts of theft amounting to GBP 50,000 and one count under Section 60 of the UK's Charities Act 2011, which covers knowingly or recklessly providing false or misleading information to the Charity Commission.
Her brother Kaldip Singh Lehal, 43, was also convicted for the same charge under the Charities Act.
Kaur and Lehal ran the Sikh Youth UK (SYUK) group.
While Kaur was sentenced to two years and eight months imprisonment by Birmingham Crown Court on Thursday, Lehal was given a four months' sentence suspended for 18 months and 80 hours of community service.
Kaur tried to portray herself as someone naive about financial matters despite having worked in a bank, Superintendent Annie Miller from West Midlands Police said in a state

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An under-construction building at the Kannauj railway station collapsed on Saturday afternoon, trapping around two dozen workers under the rubble, a senior official said.
Six workers have been rescued and rushed to hospital.
Initial visuals from the site showed scenes of chaos and confusion with crowds, clouds of dust and broken beams as people tried to rescue those who had been trapped.
"According to preliminary information, the incident occurred when the under-construction shuttering of the roof collapsed," said District Magistrate (DM) Shubhrant Kumar Shukl said.
"Our first priority is to rescue the workers who are trapped. We are using all resources at our disposal for the rescue efforts," Shukl, who had rushed to the spot along with other senior officials to oversee the rescue operation, added.
A shaken Mahesh Kumar, among those at the site, recalled his narrow escape.
"As soon as the concrete was poured over the shuttering, it suddenly collapsed. Everyone on it fell. I was

house collapsed, New Delhi house collapsed

Prime Minister Narendra Modi asserted on Sunday that the capabilities of India's young population will power the country's rise to becoming developed.
Addressing the Viksit Bharat Young Leaders Dialogue here, he said some people may find the goal of India becoming developed difficult but it is not impossible.
No power can stop India from becoming a developed country if the spirit of 'Viksit Bharat' guides its every step, policy and decision, he said, highlighting the strength and numbers of the country's young population.
"Big targets have to be set for a country to march forward... This is what today's India is doing," Modi said, adding that the country is accomplishing numerous goals in different sectors ahead of time.
India has set the target of 20 per cent ethanol blending in petrol by 2030 and will meet the goal before that, he said.
The prime minister added that the government alone cannot drive the country forward and told youngsters drawn from across the country that the .

Modi, Narendra Modi

The appeal of freebies becomes clear in the backdrop of economic distress, highlighting the financial struggles of the lower middle class and the poor in India

Concerned that aggressive fiscal consolidation could hinder growth momentum while private capital expenditure remains sluggish, the government is expected to set the fiscal deficit target at 4.4 per cent of gross domestic product (GDP) for FY26 in th

Stock markets: Analysts see a slow pace of recovery for the India stock markets, with Trump's Presidency and the Union Budget 2025, back home, holding the key to the recovery in investors' portfolio

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Sebi's proposal on dilution of stake in clearing corporations to hit financials, says report

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The initial public offer of Laxmi Dental Ltd received 16.02 times subscription on the second day of bidding on Tuesday.
The initial share sale got bids for 14,36,79,096 shares against 89,70,371 shares on offer, as per NSE data.
The non-institutional investors part fetched 37.41 times subscription while the category for Retail Individual Investors (RIIs) got subscribed 29.47 times. The quota for Qualified Institutional Buyers (QIBs) garnered 84 per cent subscription.
The initial public offer of Laxmi Dental Ltd got fully subscribed within minutes of opening for bidding on Monday and finally ended the day with 5.28 times subscription.
OrbiMed-backed Laxmi Dental has collected a little over Rs 314 crore from anchor investors.
The issue with a price band of Rs 407-428 per scrip will conclude on Wednesday.
The IPO is a combination of a fresh issue of equity shares for up to Rs 138 crore and an OFS of up to 1.31 crore equity shares worth Rs 560 crore by promoters -- Rajesh Vrajlal Khak

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Bigg Boss 18 is moving to the grand finale which is scheduled to take place on January 19, 2025. The finale is expected to be a thrilling one as the competition intensifies with each passing day

Bigg Boss

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Nuvama positive on NSE, BSE growth despite volume dip in F&O segment

Laxmi Dental IPO sees 16 times subscription on second day of offer

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