Overview

Israeli warplanes attack Houthi targets in Sanaa's airport

Israeli warplanes attack Houthi targets in Sanaa's airport

Israeli warplanes on Wednesday struck Sanaa's main airport in Yemen and several aircraft belonging to the Houthi forces, Israel's military said in a statement.

The attack destroyed the last aircraft used by the Houthi forces, Israeli Defence Minister Israel Katz said in a separate statement.

The strike was part of what Israel called "Operation Golden Jewel," a campaign that aims to degrade the Houthis' ability to launch further attacks on Israel, said Katz.

"This is a clear message and a direct continuation of the policy we have set: whoever fires at Israel will pay a heavy price," Katz warned.

Indian stock market ends lower, FMCG stocks drag

Indian stock market ends lower, FMCG stocks drag

The Indian stock market closed in the red on Wednesday for the second consecutive day amid prevailing premium valuations and mixed global cues.

The Sensex closed 239.31 points or 0.29 per cent down at 81,312.32 and the Nifty was down 73.75 points or 0.30 per cent to close at 24,752.45.

The decline was led by FMCG stocks. The Nifty FMCG index closed down nearly 1.50 percent. Apart from this, the Nifty Auto, Pharma, Metal, Realty, Infra, Commodity and Healthcare index were in the red.

Mixed trading was seen in midcap and smallcap. The Nifty Midcap 100 index was down marginally by 13 points at 57,141 and the Nifty Smallcap 100 index was up 58 points or 33 percent at 17,784.

According to analysts, the domestic indices remained rangebound with a negative bias, primarily due to the lack of support from FIIs and prevailing premium valuations.

Cabinet greenlights 2 multitracking Railways projects worth Rs 3,399 crore in Maharashtra, MP

Cabinet greenlights 2 multitracking Railways projects worth Rs 3,399 crore in Maharashtra, MP

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved two multitracking projects across Indian Railways in Maharashtra and Madhya Pradesh to ensure seamless and faster transportation of both passengers and goods.

These projects include Ratlam-Nagda 3rd and 4th lines and Wardha-Balharshah 4th line. The total estimated cost of the projects is about Rs 3,399 crore and will be completed by 2029-30, according to the CCEA.

These projects, covering four districts across Maharashtra and Madhya Pradesh, will increase the existing network of Indian Railways by about 176 km. The projects will also generate direct employment for about 74 lakh human-days during construction.

The decision will improve travel convenience, reduce logistic cost, decrease oil imports and contribute to lower CO2 emissions, supporting sustainable and efficient rail operations.

Gujarat: Liquor valued at over Rs 41 lakh destroyed in Jamnagar

Gujarat: Liquor valued at over Rs 41 lakh destroyed in Jamnagar

Authorities in Jamnagar district of Gujarat destroyed a massive cache of English liquor and beer valued at Rs 41.83 lakh, an official said on Wednesday.

The operation was carried out under tight security in the presence of top officials from the administration and police department. A total of 17,497 bottles of English liquor and beer were crushed using a bulldozer at a government-designated waste disposal site in a rural area near Jamnagar.

The liquor had been seized from multiple police jurisdictions, including Panchkoshi A. Division, Panchkoshi B. Division, and Kalavad Rural Police Station.

According to officials, 14,657 bottles were confiscated from the Panchkoshi A. Division Police Station area alone. An additional 2,292 bottles were seized under the Kalavad Rural Police Station, while 548 bottles came from the Panchkoshi B. Division jurisdiction.

Delhi CM Gupta vows 3 hospital beds per 1,000 citizens

Delhi CM Gupta vows 3 hospital beds per 1,000 citizens

Delhi Chief Minister Rekha Gupta on Wednesday announced that her government is working towards achieving a ratio of three hospital beds per 1,000 citizens, a goal that marks a sharp departure from what she described as the dismal healthcare infrastructure left behind by previous governments in the national Capital.

CM Gupta made the remarks while laying the foundation stone for the construction of a new footpath at the SU Block park in Pitampura, located in the Shalimar Bagh Assembly constituency.

Addressing the local residents gathered at the park, she said, "With everyone's blessings, the government is completing 100 days on May 30, and we will present our report card before the public on May 31, but I can say this much that I do not make big promises. But yes, Delhi has now elected a government that can reduce the problems. Your trust is our effort."

After Pahalgam, CM Omar Abdullah holds administrative meeting in Gulmarg

After Pahalgam, CM Omar Abdullah holds administrative meeting in Gulmarg

After chairing a symbolic cabinet meeting in Pahalgam, Jammu and Kashmir Chief Minister Omar Abdullah chaired an administrative meeting in Gulmarg on Wednesday.

The Chief Minister, his cabinet colleagues and top officials of the J&K government attended the meeting in the ski resort.

Officials said the meeting is part of his government's efforts to bring back tourists to the union territory after the deadly April 22 Pahalgam terror attack.

Earlier, a notice was issued by the General Administration Department about the meeting being held in Gulmarg.

Govt school teacher shot dead in Bihar’s Darbhanga, probe underway

Govt school teacher shot dead in Bihar’s Darbhanga, probe underway

A government school teacher was shot dead by two unidentified bike-borne assailants early Wednesday morning in Bihar’s Darbhanga district, officials said.

The victim, Mansoor Alam, hailed from Teesi Parsauni village in Madhubani district and had been serving as a primary teacher at Nasirganj Primary School in the Singhwada block for the past 15 years.

According to officials, Alam was on his way to school on a bicycle -- as he did every day -- when two unidentified men on a motorcycle intercepted him near the Bharwada-Kamtaul road under the Singhwada police station limits.

The assailants shot him twice, in the head and shoulder, leaving him dead on the spot. The incident occurred around 6 a.m. on Wednesday, barely 500 meters from the school.

Good monsoon to boost farm production, keep inflation in check: Report

Good monsoon to boost farm production, keep inflation in check: Report

The India Meteorological Department’s (IMD) forecast of an above-normal monsoon is expected to lead to a robust increase in agricultural production and rural demand while helping to keep inflation under control, according to a Crisil report released on Wednesday.

The IMD has predicted above-normal rainfall during the southwest monsoon season (June to September), estimating it at 106 per cent of the long-period average.

“If the forecast, which would mark the second consecutive year of above-normal monsoon, comes true, the economy could expect another year of healthy agricultural output, strengthening rural demand, and keeping a check on food prices,” the report states.

Bosch clocks 2 pc decline in Q4 net profit at Rs 554 crore

Bosch clocks 2 pc decline in Q4 net profit at Rs 554 crore

Bosch Limited on Wednesday reported a 2 per cent decline year-on-year (YoY) in its consolidated net profit for the fourth quarter ending March 31 (Q4 FY25), with profit after tax (PAT) standing at Rs 554 crore.

This is down from Rs 564 crore recorded in the same period last year (Q4 FY24), according to its stock exchange filing.

For the full financial year FY25, Bosch reported a 19 per cent decline in consolidated net profit, which dropped to Rs 2,013 crore from Rs 2,490 crore in FY24.

However, the company saw a healthy rise in its revenue from operations, which increased to Rs 4,911 crore in Q4 from Rs 4,233 crore in the corresponding quarter of the previous fiscal.

The company’s annual revenue showed strong growth, rising to Rs 18,087 crore from Rs 16,727 crore the year before.

Test tour of England represents a significant turning point for Indian cricket: Pujara

Test tour of England represents a significant turning point for Indian cricket: Pujara

Veteran top-order batter Cheteshwar Pujara believes that the upcoming five-match Test tour of England marks a crucial turning point for Indian cricket, citing the young group of players selected for the series starting on June 20 in Headingley.

India has a new skipper and vice-captain in Shubman Gill and Rishabh Pant, respectively, as the youthful side looks to step into a new era of playing Tests after the retirements of Rohit Sharma and Virat Kohli. Historically, India has won only three out of 19 series in England, with the last one coming in 2007 when Rahul Dravid was the side’s captain.

“The India-England Test series has always been a true measure of a team’s grit and adaptability. In the last 100 years, India has managed to win only 3 out of 19 series played on English soil, which highlights just how challenging this contest has been for us.

“With a young and dynamic squad, this tour represents a significant turning point for Indian cricket. I look forward to witnessing how this group rises to the occasion and sets new benchmarks for future generations,” said Pujara in a statement by Sony Sports Network, where he will be seen as a panelist for the broadcasters’ coverage of the five-game series.

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