Stock Market Highlights, January 8, 2025: The benchmark equity indices showed great resistance on Wednesday as the BSE Sensex reovered around 650 points from its day's low to settle at 78,141.06, down

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The changes involve simplifying the language and rationalizing information by using formulas and tables, and won't include any adjustments to tax rates and policy, the people said

Nirmala Sitharaman, Sitharaman

Stocks to Buy Today: Narayana Hrudalaya and Pfizer shares have been rising with heavy volumes

stock market, Indian stock market, National stock exchange, NSE

SBI report, released on Friday, claimed a decline in poverty ratio in rural areas

The latest HCES shows consumption inequality has declined in India. Does that mean income inequality has declined as well? slums poverty

President Joe Biden on Sunday plans to sign into law a measure that boosts Social Security payments for current and former public employees, affecting nearly 3 million people who receive pensions from their time as teachers, firefighters, police officers and in other public service jobs.
Advocates say the Social Security Fairness Act rights a decades-old disparity, though it will also put strain on Social Security Trust Funds, which face a looming insolvency crisis.
The bill rescinds two provisions  the Windfall Elimination Provision and the Government Pension Offset  that limit Social Security benefits for recipients if they get retirement payments from other sources, including public retirement programmes from a state or local government.
The Congressional Research Service estimated that in December 2023, there were 745,679 people, about 1 per cent of all Social Security beneficiaries, who had their benefits reduced by the Government Pension Offset.
About 2.1 million people, or .

Joe Biden, Biden

Globally, manufacturing, construction and real estate, healthcare, tech and telecom, and financial services were the top affected sectors

hack, Cyber Crime, Scam

Challenging the decision of the Biden Administration to investigate the activities of Indian billionaire Gautam Adani and his companies, an influential Republican lawmaker on Tuesday said such selective actions risk damaging critical alliance partners.
In a strongly worded letter to US Attorney General Merrick B Garland, Congressman Lance Gooden, member of the House Judiciary Committee, demanded answers on the Justice Department's selective prosecution of foreign entities and the potential harm such actions pose to US's global alliances and economic growth and that if there is any Geroge Soros connection to it.
The Department of Justice's selective actions risk damaging critical alliances with key partners like India, one of America's strongest allies in the Asia-Pacific region, Gooden said in his letter dated January 7.
Instead of pursuing cases with tenuous jurisdiction and limited relevance to US interests, the DOJ should focus on punishing bad actors at home, rather than chasing

Gautam Adani, Adani

Battery swapping will only increase the cost for a consumer to run the vehicle, say e2W players

electric two wheeler

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

ISRO will carryout its ambitious space docking experiment using two satellites on orbit, on January 9. The event was scheduled on January 7 but postponed to Thursday morning.
If the ISRO succeeds in its mission, India will become the fourth country in the world to have space docking technology.
ISRO had launched the two satellites -- SDX01 (Chaser) and SDX02 (Target) --  as part of the mission on December 30 with the help of PSLV C60 rocket from Satish Dhawan Space Centre in Sriharikota. The two small spacecraft weighing about 220 kg each were injected into a 475-km circular orbit as intended.
According to ISRO, SpaDeX mission is a cost-effective technology demonstrator mission for the demonstration of in-space docking using these two small spacecraft.
This technology is essential for India's space ambitions such as Indian on Moon, sample return from the Moon, the building and operation of Bharatiya Antariksh Station (BAS), etc.
The Space Docking Experiment (SPADEX) is a pivotal .

ISRO

The body of one of the nine workers trapped inside a coal mine in Assam's Dima Hasao district was recovered by army divers on Wednesday, the third day of the rescue operations, officials said.
The chances of the survival of the eight others appear grim, though a team of navy, army, NDRF and SDRF personnel intensified their efforts to rescue the trapped miners, the officials said.
The divers located the body of the worker, identified as Ganga Bahadur Srestho from Udaypur district of Nepal, 85 feet below the surface early in the morning.
His family members have been contacted and the body has been sent for inquest and postmortem, Special Director General of Police Harmeet Singh said.
A Remotely Operated Vehicle (ROV) was sent inside the quarry in the morning which spotted the body, following which the divers went in to bring it out, said Singh, who is camping at the site to supervise operations.
A united effort is being made by the navy, army, NDRF, SDRF, ONGC, Coal India and distri

Assam Coal Mine Accident, Assam Rescue operation

Samsung pre-reserve programme for the Galaxy S25 series. Amazon launches new Echo Spot. OnePlus 13 series launch. Panasonic OLED TV with built-in Fire TV. McAfee Deepfake Detector

Tech Wrap January 8

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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Isro to carry out ambitious space docking experiment on Thursday morning

Divers recover body of one of 9 trapped workers from coal mine in Assam

Tech wrap Jan 8: Galaxy S25 pre-reserve, new Amazon Echo Spot, OnePlus 13

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Stock Market Close Highlights: Sensex recoups 650 pts from low, ends flat; RIL, ITC, TCS rally 2%

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