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

bear market, stocks, sensex, nifty, loss, growth, crash, index

The Union Budget for FY 2025-26 assumes significance as it comes on the back of lower than expected growth numbers in the second quarter and geopolitical uncertainty

Sitharaman

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)

Dikshit further said that even in the field of education, the pace of progress during Sheila Dikshit's tenure was much faster

Sandeep Dikshit, Congress leader

Tamil Nadu blast: The explosion is believed to have occurred during the chemical mixing process

Fire, Fire accident

At the inauguration, PM Modi interacted with artisans and was felicitated by Nabard Chairperson Shaji KV

Modi, Narendra Modi

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

Phone, social media, mobile phones

He cited the 'Sheeshmahal' as an example, referencing a report by a leading newspaper revealing excessive expenditure on the Delhi CM's residence, based on the CAG report

Sanjay Raut

The draft protection rules released by the government create a balance between regulation and innovation while completely protecting citizen rights, Union minister Ashwini Vaishnaw said on Saturday.
The government issued draft rules for the Digital Personal Data Protection (DPDP) Act on Friday for public consultation till February 18.
"Rules have to be within four walls of the Act. It is within the ambit of the Act passed by Parliament. These rules have been framed to ensure a balance between regulation and innovation while completely safeguarding the rights of citizens," Vaishnaw told PTI in an interview.
The minister said earlier there was only one template available to the world -- the European data protection rule with a high level of regulation. However, Indian rules have attempted to balance the regulation with innovation to safeguard the boom in the innovation ecosystem developing among startups in the country.
He said extensive consultations have been held with the industry

Ashwini Vaishnaw, Ashwini, Vaishnaw

President Joe Biden told mourners in New Orleans on Monday that they are not alone as he paid tribute to victims of the deadly New Year's attack and channelled the pain felt by their loved ones.
Biden made the remarks at St. Louis Cathedral in the city's historic French Quarter. not far from the area where an Army veteran drove a truck into revellers last week, killing 14 and injuring 30 more.
Biden praised so many that ran toward the chaos, trying to help save others," including first responders. He noted the city's enduring strength and resilience amid tragedy, invoking past devastation like Hurricane Katrina in 2005.
The city's people get back up," Biden said. "That's the spirit of America as well.
Biden met privately with grieving families, survivors and first responders before the prayer service. He also stopped at a makeshift memorial where the attack had begun to unfold. It is being investigated as an act of terrorism inspired by the Islamic State group.
Biden has made doze

Joe Biden, Biden

The Indian Institute of Technology (IIT) Roorkee has officially released the GATE 2025 admit cards today, January 7, 2025 on the official website at gate2025.iitr.ac.in

IIT Roorkee

The meeting follows concerns over reports of a rise in respiratory illnesses in China and the detection of seven HMPV cases in India

HMPV, disease, illness, health

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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Biden tells New Orleans mourners they are not alone; honours victims

GATE 2025: Admit Card released at official website, check steps to download

Health Secy meets states, asks them to raise public awareness on HMPV

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

Jobs, growth, demand in focus as FinMin concludes pre-Budget talks

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

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