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

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)

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

Manipur Security, Security

This move has significant implications for India, particularly regarding China's proposed dam project on the Yarlung Tsangpo River, also known as the Brahmaputra River in India

India china, India, China

Mexico opened the possibility on Friday of receiving non-Mexican migrants deported by the United States after initially saying they would push President-elect Donald Trump to return other nationalities directly to their countries of origin.
President Claudia Sheinbaum said during her daily press briefing that in cases where the US would not return migrants to their countries we can collaborate through different mechanisms.
She did not offer details, but Mexico could limit it to certain nationalities or request compensation from the US to move the deportees from Mexico to their home countries.
There will be time to speak with the United States government if these deportations really happen, but we will receive them here, we are going to receive them properly and we have a plan, she said. Sheinbaum had prefaced her comments by saying Mexico is not in favour of them.
Trump has promised to begin massive deportations. Critics have observed that there will be logistical challenges to ...

Mexico US, US-Mexico flag

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 shooting unfolded in the 1500 block of Harry Thomas Way Northeast, located just 500 feet from the NoMa-Gallaudet U New York Avenue Metro station

Shooting, Gun

Jeju Air's stock price, already trading near record lows, has fallen 10% since the crash

Jeju Air

Leader of Opposition in Lok Sabha Rahul Gandhi on Monday condoled the death of soldiers in a Naxal attack in Chhattisgarh's Bijapur district and said the increased attacks raise serious questions about the government's ability to maintain national security.
Congress president Mallikarjun Kharge also offered his condolences and said the Union and the state governments should be more proactive to end this menace so that the precious lives of our soldiers are not endangered.
"Deeply saddened to hear about the martyrdom of many of our soldiers and a driver in the cowardly Naxalite attack in Bijapur, Chhattisgarh. I pay my heartfelt tribute to the martyrs and hope for the speedy recovery of the injured soldiers," Gandhi said in a post on X in Hindi.
Expressing his condolences to the bereaved families in this difficult time, the Congress leader said the entire country is united against terror and violence.
"The increase in martyrdom of soldiers raises serious questions about the ...

Rahul Gandhi, Rahul, Congress leader

Barr said he was stepping down from his role as the central bank's vice chair of supervision over a year before his term expires, but planned to keep his seat on the Fed's Board of Governor

Michael Barr, vice chair for supervision at the Fed

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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Jeju Air's problems mount after plane crash that killed 179 people

Rahul Gandhi, Kharge condole soldiers' death in Naxal attack; target govt

Fed's vice chair Barr to resign early to avoid dispute with Trump over role

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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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