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Stock Market LIVE: Sensex, Nifty eye gap-down start amid India-Pak tensions; GIFT Nifty down 230 pts
Sensex Today | Stock Market LIVE Updates, May 9, 2025: Market sentiment is set to sour on Friday after Pakistan launched at least eight missiles towards India, targeted towards Jammu on Thursday
8:57 AM
Stock Market LIVE Updates: 'Operation Sindoor ongoing, 100 terrorists killed': Govt briefs all-party meet
Stock Market LIVE Updates: The Indian government briefed political parties on Operation Sindoor—a precision military response to the Pahalgam terror attack. Over 100 terrorists reportedly killed as political leaders across party lines back the armed forces. Here's what went down at the all-party meet. Watch here
8:56 AM
Stock Market LIVE Updates: Indian-American Republican leader Nikki Haley on Thursday voiced strong support for India's right to respond militarily following the terror attack in Pahalgam, Jammu and Kashmir, which left 26 civilians dead. She said that Pakistan could not portray itself as a "victim" in such circumstances. READ MORE
8:55 AM
Stock Market LIVE Updates: Operation Sindoor: India strikes air defence systems deep inside Pakistan
Stock Market LIVE Updates: Stating that its proportionate response had nullified Pakistan's attempt to escalate following the killing of at least 100 terrorists and their associates in the ongoing Operation Sindoor, India on Thursday said its armed forces targeted air defence radars and systems at multiple locations within Pakistan, neutralising at least one such system in Lahore. This was after thwarting Pakistan's bid to strike several military targets in northern and western India, including Srinagar, Amritsar, and Chandigarh, using drones and missiles. READ MORE
8:52 AM
Stock Market LIVE Updates: High alert declared in Delhi, govt employees' leave cancelled amid tensions
Stock Market LIVE Updates: A high alert was sounded in Delhi, and all city government employees' leaves were cancelled as hostilities ramped up between India and Pakistan, with several border areas, including Jammu, coming under cross-border shelling.
District magistrates in the national capital are holding meetings with their subordinates to review health and disaster management preparedness in case of any emergency, officials said. READ MORE
8:46 AM
Stock Market LIVE Updates: BCAS orders additional check at airports amid rising India-Pak tensions
Stock Market LIVE Updates: The Bureau of Civil Aviation Security (BCAS) on Thursday directed all airlines to conduct Secondary Ladder Point Checks (SLPC) at all airports across the country, Business Standard has learnt.
SLPC is a security procedure in which airline staff carry out an additional screening of passengers and their hand baggage just before boarding the aircraft, following the primary security check by the Central Industrial Security Force (CISF). This secondary check is typically conducted near the boarding gate or at the ladder/aerobridge.
A government official told the newspaper that the BCAS informed airport operators and airlines on Thursday that the SLPC must be implemented across the country. READ MORE
8:46 AM
Stock Market LIVE Updates: 'Urge India-Pakistan to look for responsible solution': Tammy Bruce
Stock Market LIVE Updates: Amidst the ongoing military escalation between India and Pakistan, Tammy Bruce, US State Dept Spokesperson, said, "We continue to urge India and Pakistan to work towards a responsible solution in this."
8:41 AM
Stock Market LIVE Updates: 'None of our business': Vance says US won't get involved between India, Pak
Stock Market LIVE Updates: US Vice President JD Vance said on Friday (IST) that the US will not get involved in a war that's fundamentally not its business. In an interview with Fox News, Vance further stated that while the US cannot control India and Pakistan, it can encourage the two nuclear-armed neighbours to de-escalate.
When asked how the tensions between India and Pakistan concern US President Donald Trump's administration, Vance noted, "We can't control these countries, though. Fundamentally, India has its gripes with Pakistan. Pakistan has responded to India. What we can do is try to encourage these folks to de-escalate a little bit." READ MORE
8:30 AM
Stock Market LIVE Updates: Bitcoin holds above $100k mark
Stock Market LIVE Updates: The flagship cryptocurrency Bitcoin (BTC), which is also the largest by market capitalisation, has continued its upward march to reclaim the $100,000 mark, tracking gains from Wall Street.
At 8:27 AM on Friday, Bitcoin was quoted trading at $102,553.22, higher by 3.90 per cent, with a trading volume of $66.92 billion and a market cap of $2.03 trillion, on CoinMarketCap.
8:28 AM
Stock Market LIVE Updates: F&O Strategy: HDFC Sec suggests Bear Spread on Interglobe Aviation shares
Stock Market LIVE Updates: Nandish Shah, senior technical analyst at HDFC Securities recommends Bear Spread on Interglobe Aviation shares. READ MORE
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8:23 AM
Stock Market LIVE Updates: Can Sensex, Nifty crash and hit lower circuit as India, Pak tensions rise?
Stock Market LIVE Updates: Indian markets are set to witness a gap-down opening on Friday as geopolitical tensions between India and Pakistan escalated post market hours on Thursday.
The developments, analysts believe, can take the markets sharply lower on Friday, but they rule out the possibility of Sensex and the Nifty 50 indices hitting their respective lower circuit filters. READ MORE
8:22 AM
Stock Market LIVE Updates: Oil price edges higher
Stock Market LIVE Updates: WTI Crude was quoted trading at $60.17 per barrel, higher by 0.43 per cent, while Brent Crude traded 0.48 per cent higher at $63.14 per barrel at 08:20 AM on Friday.
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Hindustan Times
33 minutes ago
- Hindustan Times
Which country in Southeast Asia is the most popular among Indian travellers?
Known for its pristine beaches, affordable stays and vibrant nightlife, this country received the highest number of Indian tourists among Southeast Asian countries in 2024. Can you guess which one? Also read: 10 million tourists visited Asia's 'most-loved country' in Q1; more than Thailand, Indonesia India is one of Thailand's most significant tourism markets, the Tourism Authority of Thailand (TAT) said in a press release in December 2024 to celebrate the 2 million-mark of Indian tourists in Thailand. In 2023, Indian tourists generated 61.9 billion Baht in revenue for Thailand. More than 35.5 million foreign tourists visited Thailand in 2024. Of these, 2.1 million were Indians. Indian travellers arrive in Thailand around the year. November to February is typically considered the high tourist season, overlapping with winter vacation for schoolchildren in India. Thailand is a popular tourist destination with both bachelors and families. There are plenty of factors that contribute to Thailand's popularity as India's favourite tourist destination, including accessibility, affordability and distance. In its press release, the Tourism Authority of Thailand (TAT) said: 'Thailand's strong air connectivity with India has been instrumental in fostering this growth. As of June 2024, 342 weekly flights between the two nations offered 2.9 million seats annually, representing a 92.2% rebound from pre-pandemic levels. Recent additions, including Indigo's Hyderabad-Bangkok route, THAI's Kochi-Bangkok flights, and Thai AirAsia's Vishakhapatnam-Bangkok service, have further enhanced accessibility.' Friendly visa policies are another major factor contributing the footfall. Thailand has visa-free entry for Indians 'until further notice'. Popular tourist destinations in Thailand include Bangkok, Phuket, Chon Buri, Krabi, Chiang Mai and Phang-nga. Places like Phuket and Krabi are known for their stunning beaches and water activities. In Bangkok, tourists can enjoy shopping, visit famous temples like Wat Phra Kaew and Wat Arun, or drop into one of the city's famous rooftop bars. Chiang Mai, located in northern Thailand, is famous for its historic temples, night markets, and mountain landscapes. It also serves as a base for visiting elephant sanctuaries.
Indian Express
38 minutes ago
- Indian Express
Supriya Sule writes: How we combatted Pakistan's fake news in all-party diplomatic mission
In today's post-truth era, where stories can be fabricated in a matter of hours and facts manipulated across digital media, the presentation of facts has become as important as the facts themselves. When 26 precious and innocent lives were lost in the Pahalgam attack, including a few of those whose families I have been in direct contact with throughout the crisis, India was not only facing a security challenge but a diplomatic imperative: to document, demonstrate, and deliver irrefutable evidence of Pakistan's state-sponsored terrorism to important international stakeholders before disinformation could blur judgement. Our eight-member delegation's May 24-June 4 mission, initiated just weeks following Operation Sindoor's proportionate, measured and focused retaliatory action, was conceived as a result of this strategic imperative. The choice of Qatar, South Africa, Ethiopia, and Egypt as our diplomatic ports of call was not arbitrary but the result of considered geopolitical calculations. These countries are not just friends and allies; they are voices whose endorsement amplifies India's stand. Qatar's presence in the mediation efforts of the Gulf lent vital Middle Eastern credibility. South Africa's ethical standing, based on the anti-apartheid campaign and personified through the Gandhi-Mandela legacy, conferred Global South legitimacy. Ethiopia, hosting African Union headquarters, and Egypt, bridging Africa and the Arab world while anchoring the Arab League, guaranteed broader regional impact. Our delegation, comprising Rajiv Pratap Rudy (BJP), Anand Sharma (INC), V Muraleedharan (BJP), Manish Tewari (INC), Anurag Singh Thakur (BJP), Vikramjit Singh Sahney (AAP), Lavu Sri Krishna Devarayalu (TDP), and Syed Akbaruddin (Ex-Permanent Representative of India to UN), bore detailed evidence dossiers documenting Pakistan's role in the Pahalgam attack and its overall policy of state terrorism. I must also commend Foreign Secretary Vikram Misri for his tireless efforts, including briefing all delegations; Colonel Sofiya Qureshi and Wing Commander Vyomika Singh for their outstanding media briefings, bringing great pride. The reception we received was telling. The bipartisan composition, with four Cabinet Ministers, brought authenticity to the mission. From Deputy Speaker Dr Hamda Bint Hassan Al Sulaiti and Minister Dr Mohamed bin Abdulaziz Al Khulaifi in Doha to Arab League Secretary General Ahmed Aboul Gheit in Cairo, the presentation of evidence found great resonance. In South Africa, our interactions with Deputy Chairman Les Govender, Chairperson of the Portfolio Committee Supra Obakeng Ramoeletsi Mahumapelo, and Democratic Alliance Leader John Steenhuisen re-emphasised commitment to fact over propaganda. The Silence the Guns by 2030 initiative of the AU was aspirational and should be treated at par with the Sustainable Development Goals. The Mandela-Gandhi continuum was nowhere so deep as in South Africa, where the common inheritance of non-violent resistance gave moral context to India's cautious and proportionate response. The interactions with the dynamic diaspora community demonstrated how historical connections translate into modern diplomatic capital. The same was true in Ethiopia. In our meeting with former Prime Minister Hailemariam Desalegn and Deputy Chairperson of Prosperity Party Adem Farah, both conveyed profound gratitude for India's diplomatic continuity. The meeting with Tagesse Chafo, Speaker of the House of People's Representatives of Ethiopia, who graduated from Aligarh Muslim University, was a classic example of India's soft power dividend, years of educational diplomacy generating capital that goes beyond political imperatives. Operation Sindoor represented more than military precision; it embodied India's non-escalation doctrine: proportionate, targeted, and designed to deter rather than destroy. This continuing approach, refined across decades from Jawaharlal Nehru's emphasis on regional peace, Indira Gandhiji's courageous leadership, Manmohan Singh's goodwill to Prime Minister Narendra Modi's charismatic diplomacy, has become India's signature response to terror: firm defence of sovereignty without regional destabilisation. Each nation we visited formally endorsed India's position, recognising our legitimate right to defend against terrorism while appreciating our commitment to proportionality. The support transcended specific incidents, extending to our broader approach. But in the new landscape of information warfare, Pakistan tries to spin state-sponsored terrorism as isolated acts. Our evidence-driven diplomatic campaign made sure principal international stakeholders were provided with the necessary information before competing narratives could find footholds. This proactive strategy on India's part was instrumental in sustaining international support. The greatest achievement of the mission was consensus on core principles: Growth over grievance, development over destruction. In each capital, the leaders showed enthusiasm to negotiate trade and technology, rather than dwelling on conflict. This philosophy struck a chord throughout the Global South, where countries welcome India's partnership. The paradox that characterises India's power is not our ability to destroy but our resolve to construct, to build bridges, to foster partnerships, and choose dialogue over discord. This disposition appeals to nations tired of power rivalry and grateful for cooperative partnerships. As the mission concluded, the results were both immediate and enduring. Four nations provided formal support, articulating a holistic approach to achieve zero terrorism, dozens of bilateral cooperation areas were identified, and countless assurances of solidarity were received. Most importantly, this mission enhanced India's image as a country that marries strength with sagacity, capability with restraint. India opts for growth, partnership, and truth, and the world has responded with respect, assistance, and solidarity. The writer is Member of Parliament & National Working President, NCP (Sharadchandra Pawar). She was the leader of the Seventh All-Party Delegation that visited Qatar, South Africa, Ethiopia and Egypt
Mint
39 minutes ago
- Mint
India's National Manufacturing Mission is just the catalyst this sector needs
India's National Manufacturing Mission (NMM), announced in the Union budget this year, was much awaited. While the sector has grown over the years in size, its contribution to our economy has not gained share. The need to increase manufacturing as a proportion of GDP has always been emphasized and this mission-mode approach announced by the government should make a difference. An ambitious, empowered and inclusive framework is expected to be the hallmark for this mission. It must target a share of at least 12% in global manufacturing output for India, as against the current 3%. Let me share a few thoughts on a framework that could help propel India as a manufacturer. Also Read: Time to re-imagine Indian manufacturing from the ground up The first aspect is the structure of the mission, which could determine the success or failure of the initiative. The NMM can consider a three-tier structure. At the initial level, the government could consider having inter-ministerial task-forces. These should focus on the five key areas spelt out by the finance minister in her budget speech for 2025-26: namely, the ease of doing business; a future-ready workforce; micro, small and medium enterprises (MSMEs); technology adoption; and quality. These five task-forces could be under the concerned ministries with various stakeholders as members. They should recommend policies, propose roadmaps and drive implementation. The NMM could be headed by a senior industry leader. This can be the second tier. Its main members could be secretaries of key government departments related to manufacturing; they can provide policy and strategic direction. In addition, CEOs from industry associations could be members, while state chief secretaries can be special invitees. This high-level private-public partnership model will be crucial for driving this mission. At the pinnacle of this structure could be a high-level committee headed by the Prime Minister. Its members could be the NMM chairperson, finance minister, commerce and industry minister, cabinet secretary and a representative of the Niti Aayog. This three-tier structure, in our view, would be inclusive and empowered to drive reforms and take the steps required to achieve our goals. Also Read: Think ahead: India's electronics manufacturing must go up the value curve The second aspect is whether the NMM should have a sectoral focus or address sector-agnostic issues. In this, the Federation of Indian Chambers of Commerce and Industry (Ficci) has suggested that its dominant focus should be on sector-agnostic areas, like regulatory reforms, cost competitiveness, the overall investment climate, skilling, quality, productivity and the like. The mission should also make strategic interventions in frontier-technology fields—such as electronics, batteries, defence, space, renewables, AI, quantum computing, etc—by boosting domestic design capability and value addition. Last year, the government announced an allocation of ₹1 trillion to encourage research and development (R&D) in sunrise domains by the private sector. We need to leverage this fund now to take a lead in the frontier technologies. The NMM's priorities are the third aspect. A sine qua non list would include macro-level policies, be it logistics, monetary, fiscal, tariffs or trade. These should be fully aligned with the mission's needs. It would also cover technology, which needs to be the key driver of manufacturing. A focus on value addition by way of design, key components and so on must also feature as a priority. So also export competitiveness, global value chain integration and import substitution in critical areas of dependency. As its fourth aspect, the mission will lay emphasis on MSMEs, which have been the main driver of manufacturing growth in several countries. Also Read: Rahul Jacob: Manufacturing is crying out for a reality check Ficci has suggested six areas of intervention: Training for MSME promoters to grow into mid-sized or large firms in the future; an impetus to family-owned businesses; the development of urban MSME zones, non-polluting MSME malls or urban industrial clusters within city limits to reduce logistical costs and enhance market access for small enterprises; support for environment, social and governance capacity among MSMEs; a catalyst for digital adoption across MSMEs to drive efficiency and growth; and light-touch regulations for three years for MSMEs in strategic areas to help them take off. For India to become a global manufacturing powerhouse, quality cannot be ignored. The mission should collaborate with industry consortiums to set Indian standards and India should take an active part in such processes at international standard-setting bodies. We need to promote and push Indian standards alongside our exports. Apart from the NMM, a high-level committee for regulatory reforms was also announced by the government. Ficci has suggested some broad terms of reference for its institutional structure, urging the adoption of a regulatory impact assessment framework to ensure transparent and consistent policy implementation across regulators. Overall, the two structures should lead to seamless communication and interaction between all stakeholders at every level—from central and state functionaries to experts and leaders of academia and industry—with everyone focused on one mission: manufacturing. The author is president, Federation of Indian Chambers of Commerce and Industry.
