India News: AHMEDABAD: Union ministers Mahendra Munjapara and Devusinh Chauhan embarked on a 'Jan Ashirvad Yatra' in Gujarat on Monday with an aim to establish a .
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Vadodara/ Anand: Anand police on Friday detected murder of a woman after exhuming her body following a tip-off that her husband had attempted to pass it off as a natural death. The victim Samu Salat was cremated on the outskirts of Vatra village of Khambhat taluka by her husband Navghan Salat. The couple had a bitter fight on July 4 and Salat brutally thrashed her till she died. The next day he cremated the body on the village outskirts and he was helped by four other persons too in concealing the crime.
“We received tip-off that the duo had an argument over suspicion of extra-marital affair. Suspecting foul play, we exhumed the dead body on July 6,” said R N Khant, police inspector at Khambhat rural police station. “As the body was decomposed, a panel of forensic experts at Karamsad Hospital conducted the postmortem which revealed that she had died due to severe injuries on her head and chest,” he said.
GMM Pfaudler announced that it has commenced manufacturing operations at its facility at Vatva near Ahmedabad on May 24, 2021.
The new facility will immediately enhance the company s capacity in Heavy Engineering while freeing up capacity in Karamsad to expand our Glass Lining business. The facility in Vatva, spread over 11.9 acres with seven manufacturing bays (built-up area of 23,617 square meters) is equipped to manufacture a wide range of Heavy Engineering equipment with a crane lifting capacity of 200 metric tonnes, deep-hole drilling (up to 1 meter) capabilities, plate rolling capabilities up to 110 milimeters, strip cladding capabilities, orbital welding capabilities, a 308.6 square meters clean room for fabrication of high alloy materials, vertical turret lathes and other machine tools.
The benchmark indices were trading in narrow range in early afternoon trade. The Nifty was hovering above 15,250 level. The moderation in daily new COVID-19 cases in India improved investors risk appetite. Upbeat Asian stocks also boosted sentiment.
At 12:20 IST, the barometer index, the S&P BSE Sensex, rose 114.73 points or 0.23% at 50,766.63. The Nifty 50 index gained 52.35 points or 0.34% at 15,250.05.
In the broader market, the S&P BSE Mid-Cap index rose 0.07% while the S&P BSE Small-Cap index added 0.53%.
The market breadth was strong. On the BSE, 1,853 shares rose and 1,096 shares fell. A total of 145 shares were unchanged.
Economy:
Domestic ratings agency ICRA on Monday, 24 May 2021, forecast a 2% GDP growth in the fourth quarter of 2020-21, and a 7.3% contraction for the full fiscal year. From a GVA (gross value added) perspective, the agency pegs Q4 growth at 3% and the fully year contraction at 6.3%. According the agency, the 2% projected GDP growth will help the econ
Key benchmark indices are trading firm in early trade on buying demand in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 240.26 points or 0.47% at 50,892.16. The Nifty 50 index was up 72.75 points or 0.48% at 15,270.45. The moderation in daily new COVID-19 cases in India improved risk sentiments. Upbeat Asian stocks also boosted sentiment.
The S&P BSE Mid-Cap index was up 0.66%. The S&P BSE Small-Cap index was up 0.78%.
The market breadth, indicating the overall health of the market, is strong. On the BSE, 1755 shares rose and 511 shares fell. A total of 93 shares were unchanged.
Stocks in news: