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)

Chief Minister underlined transparency and efficiency in recruitment processes, which have been pivotal in meeting the expectations of job aspirants

Bhajan Lal Sharma, Chief Minister, Rajasthan

As day 2 progressed in Sydney, Bumrah was seen going off the field just before lunch and was seen in training gears.

Jasprit Bumrah

President-elect Donald Trump has expressed frustration that flags will be flying at half-staff when he takes office later this month.
It's an action put in place by President Joe Biden to honour the late President Jimmy Carter, who died Sunday at 100. It's not a timeline that Trump can do anything about  until after he takes office.
Here's what to know about why flags are lowered when a president dies, who can issue that order and how long the process lasts:
Why are US flags being flown at half-staff?
On Sunday, Biden ordered that US flags be flown at half-staff in honour of the late former president. It's an honor that indicates that the country or a state is in mourning.
The US flag code lays out parameters for lowering the US flag to half-staff, including a 30-day period for current or former presidents to cover flags at federal government buildings and their grounds, as well as at US embassies and other facilities abroad, including military installations and vessels.
Flags ca

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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

Phone, social media, mobile phones

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

Shivakumar said that the Gruhalakshmi scheme has brought a significant socio-economic change in poor and middle-class families

DK Shivakumar

Sharpening his attack, Gupta further stated that AAP leaders don't follow any law and indulge in corruption openly

BJP Flag, BJP

US President-elect Donald Trump said that Trudeau resigned as he knew that US can no longer suffer the massive trade deficits and subsidies that Canada requires to stay afloat

Donald Trump, Trump

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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'Pyari Didi' scheme in Delhi on lines of Gruhalakshmi: DK Shivakumar

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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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