The Odisha Legislative Assembly was adjourned till 11.30 pm as Congress members protested non-acceptance of an Adjournment Motion on mining scam for discussion in the House today.
Bhubaneswar, Sep 8: The Odisha Legislative Assembly, which is in Monsoon Session now, witnessed ruckus and was adjourned till 11.30 pm as Congress members protested non-acceptance of an Adjournment Motion on mining scam for discussion in the House today.
Question Hour could not be conducted in view of the adjournment.
As the House met for the day, Congress members trooped into the Well of the House and demanded that the Adjournment Motion on mining scam be discussed, suspending the Question Hour. They also shouted anti-Government slogans.
Unable to run proceedings, Speaker Surjya Narayan Patro adjourned the House till 11.30 pm.
New Delhi, Dec 6: Over the past seven days, the Adani Group of Stocks has outperformed the Nifty 50. The group companies have experienced gains of between 16 per cent and 63 per cent said Vaibhav Vidwani, Research Analyst, Bonanza Portfolio.
He said that Adani Total Gas -- one stock that has more than doubled investor wealth -- has increased in value over the past seven days by more than 60 per cent.
He said that in addition, the stock has dropped the most year-to-date by as much as 70.5 per cent, and it is currently trading at a 73.65 per cent discount to its 52-week high.
He said that the Adani Power and Adani Ports, two Adani group enterprises, are near to 52-week highs during this period.
Also Read: Adani Green Accomplishes Its Construction Financing Framework At $3bn
Nifty closed on a positive note, while most sectorial indices closed in the green. Nifty IT and Nifty Energy were among the outperforming sector up by 1.67 per cent and 1.55 per cent respectively.
Wipro, LTIMindtree, ITC, L&T and TC were among top gainers on the Nifty, while losers includes Adani Enterprises, Eicher Motors, Cipla, NTPC and UltraTech Cement.
Vinod Nair, Head of Research at Geojit Financial Services said post-state elections, market optimism thrives, confirming policy continuity and meeting investor expectations.
He said that a robust FII reversal is fuelled by receding inflation and dropping yields in both US and Indian markets. The allure of Indian market gains post-China credit rating downgrade and decline in oil prices was followed by ease in geopolitical tensions.
He said that a strong rebound in IT, driven by reduced US recession risks and in anticipation of robust summer demand, fuels the momentum in the power sector.
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He said that despite a promising outlook, short-term profit booking may occur due to domestic premium valuation concerns.
He said that lingering El Nino risks, a drop in reservoir levels, and reduced sowing may hold RBI to profoundly upgrade H2FY24 growth and reduce future inflation estimates.(IANS)
New Delhi, Dec 6: Prime Minister Narendra Modi will on Friday visit Dehradun to take part in the inauguration ceremony of the 'Uttarakhand Global Investors Summit 2023', an official release from the PMO said.
The event will be held at Forest Research Institute, Dehradun. The Prime Minister will also address the gathering on the occasion.
'Uttarakhand Global Investors Summit 2023' is a step towards establishing Uttarakhand as a new investment destination. The two-day summit is themed - "Peace to Prosperity".
The summit will be attended by thousands of investors and delegates from across the world. It will witness the participation of Union Ministers, Ambassadors of various countries along with leading industrialists, among others.
Earlier, on Friday, Uttarakhand CM Pushkar Singh Dhami, while addressing the Social Media Influencers Meet ahead of the Global Investors Summit, said that Uttarakhand is one of the safest states in the country in terms of law and order and is most suitable for investment.
"We went to many places in the country and abroad regarding the Investors Summit from where we got a very good response. So far investment proposals worth Rs 2 lakh crore have been signed," Dhami said, adding that the maximum focus of the state government is on employment generation.
The Uttarakhand CM, further during the Social Media Influencers Meet, called upon everyone to spread the word about this event in the country and the world through their means so that Destination Uttarakhand, Global Investors Summit becomes trending everywhere.
The Global Investors Summit is to be held in Dehradun on December 8-9. The 2-day long Investors Summit will be a platform for business delegations, corporate leaders, academia, Innovators and Government leadership from across the globe, to collectively explore business opportunities and partnerships in the state of Uttarakhand. Participation of 5,000+ delegates (both national and international) is expected at the summit.
According to the Uttarakhand Government it's 15plus investor-friendly sectoral policies, good governance initiatives, enabling regulatory environment and sustainable practices will be showcased at the Summit. Summit will also host Business-to-Business (B2B) and Government-to-Business (G2B) meetings to support and aid in better decision-making for its investors.
Read: National News
The Summit will also provide opportunities for exhibitors and private and public organizations to collaborate and showcase cutting-edge technologies, innovations, and future trends. Summit sectoral sessions will enable genuine and comprehensive discussions on industry challenges and opportunities. (ANI)
Mumbai, Dec 6: Actress Janhvi Kapoor has turned cheerleader for her sister Khushi, whom she called her sunshine, for her debut project ‘The Archies’.
Janhvi took to her Instagram stories, where she shared a picture with her sister Khushi. In the image, the ‘Roohi’ actress is seen hugging her sister, who is seen wearing her mother’s dress and jewelry for the premiere of the upcoming film.
Janhvi captioned the image: “The sunshine of my life and now sunshine in cinema. You are magical.”
‘The Archies’ is directed by Zoya Akhtar. It stars Agastya Nanda, Khushi Kapoor, Suhana Khan, Vedang Raina, Mihir Ahuja, Aditi Saigal and Yuvraj Menda. The film is scheduled for release on Netflix on 7 December 2023.
Read: Entertainment News
The film is set in 1960s India, Archie and the gang navigate romance, friendship and the future of Riverdale as developers threaten to destroy a beloved park.(IANS)
