From FII selling to fears around HMPV virus, here's why the Indian markets crashed on Monday, January 7, 2025

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Markets Today Highlights: All sectoral indices ended in the red, with Nifty PSU Bank being the worst hit, ending down by 4 per cent, dragged by Union Bank of India, and Bank of Baroda

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While HMPV may affect anyone with a weakened immune system, young children and people above the age of 65 are at higher risk

Human Metapneumovirus (HMPV)

Approximately Rs 9 crore was frozen in Delhi in connection with cyber frauds, with around Rs 2 crore released back to the victims in west district in 2024, an official said on Friday.
"These efforts are part of an ongoing initiative to protect the public from cyber criminals, who exploit digital platforms for fraudulent activities," Deputy Commissioner of Police (West) Vichitra Veer said.
The officer further said the West district cyber police station has been operational since December 2021, securing victims' funds.
Sharing details, the DCP said in 2024, the cyber police station resolved around 8,000 complaints.
"During the entire year, 93 individuals were arrested or apprehended, with 22 from earlier cases and 71 from new incidents registered in 2024 alone," said the DCP.
He said one of the key highlights of the year was the freezing of Rs 9.12 crore in fraudulent transactions.
Victims of cyber crimes were also provided with guidance on how to apply for the release of their sto

Almost half of all organisations in India say they have experienced cyber fraud during and after the pandemic. Technology, media and communication, financial services, and manufacturing are the most affected sectors, according to the ‘Financial and C

Several top dignitaries paid tributes to former prime minister Manmohan Singh at a prayer meet organised in his memory at the Gurdwara Rakab Ganj here on Friday.
Among the top leaders who attended the prayer meeting (Kirtan and Antim Ardas) were Congress president Mallikarjun Kharge, Congress Parliamentary Party chairperson Sonia Gandhi, Punjab Chief Minister Bhagwant Mann, former Haryana chief minister  Bhupinder Singh Hooda and former Rajasthan chief minister Ashok Gehlot.
Shiromani Gurdwara Parbandhak Committee (SGPC) president Harjinder Singh Dhami and Delhi Sikh Gurdwara Management Committee (DSGMC) chief Harmeet Singh Kalka were also present.
The DSGMC passed a resolution to start a scholarship in economics in Singh's name in all the colleges run by the committee in Delhi, besides putting up the former prime minister's photographs in all its institutions across the national capital.
Kalka said the DSGMC has also decided to name its new educational institution after Singh in v

Manmohan Singh

Experts feel despite government efforts there has been a lag in capex pick up but there is a good case for continued push towards such expenditure

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In smaller Indian cities and towns, where opportunities for advancement are few and dwindling, the nounis emerging as something of a social and cultural phenomenon

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The vaccines allowed Covid to be treated as an aberration, but we must not forget what it really was: A preview of the kind of planetary challenges that await us

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The police said that Kangpokpi Superintendent of Police Manoj Prabhakar was injured in the attack

Manipur Security, Security

Lok Sabha Speaker Om Birla on Monday asked women representatives from Panchayati Raj Institutions (PRI) to embrace artificial intelligence (AI) and innovation in order to make their areas more "people-oriented".
Speaking at the 'Panchayat se Parliament 2.0' programme, Birla stressed the importance of technological advancements to drive sustainable development and improve governance at the grassroots level.
The event, held at the historic Central Hall of Samvidhan Sadan, was organized by the Parliamentary Research and Training Institute for Democracies (PRIDE) in collaboration with the National Commission for Women and the Ministry of Tribal Affairs.
More than 500 women PRI representatives from 22 states and Union territories participated, with the gathering serving as a platform for reaffirming India's commitment to women-led development and grassroots empowerment.
In his address, Birla underscored the transformative power of women leadership in strengthening India's democracy, ...

Om Birla, Om, Birla

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These midcap stocks that have earned an upgrade include CG Power, Rail Vikas Nigam, ICICI Prudential Life Insurance, Polycab India, Indus Towers, Cummins India and Info Edge

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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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Om Birla urges women PRI leaders to adopt AI, innovation for governance

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HMPV virus, Trump inauguration, FII selling: Why Sensex crashed 1400 points

Stock Market Crash Highlights: Sensex sheds 1,258 pts in broad sell-off, Nifty at 23,616; VIX up 15%

HMPV poses great risk for children, can lead to severe illness

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