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What’s The India Link Behind Nepal’s Only Billionaire?

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What’s The India Link Behind Nepal’s Only Billionaire?


Binod Chaudhary, chairman of Chaudhary Group (CG Corp Global), has built a formidable empire of 136 companies.



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Sensex Ends 369 Points Higher, Nifty At 26,053; Oil & Gas, Metal Shares Shine

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Sensex Ends 369 Points Higher, Nifty At 26,053; Oil & Gas, Metal Shares Shine


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Indian benchmark indices opened higher on Wednesday, tracking positive global cues.

Sensex Today

Sensex Today

Sensex Today: Indian benchmark indices — Sensex and Nifty — ended higher on Wednesday, tracking positive global cues and investor optimism ahead of the US Federal Reserve’s policy outcome. Sentiment was further lifted by reports suggesting that US President Joe Biden may soon finalise a trade deal with India.

The BSE Sensex climbed 368.97 points, or 0.44%, to close at 84,977.13, while the NSE Nifty50 gained 117.7 points, or 0.45%, to end at 26,053.9.

Broader markets also advanced, with the NSE Midcap 100 rising 0.64% and the Nifty Smallcap 100 up 0.43%.

Barring Nifty Auto, all sectoral indices closed in the green. Nifty Oil & Gas led the gains, up 2.12%, followed by Energy, Metal, Media, Bank, Financial Services, IT, Pharma, FMCG, and Consumer Durables.

Among Sensex constituents, NTPC, Power Grid, Adani Ports, HCL Tech, and Tata Steel were top gainers, while Bharat Electronics, Eternal, Mahindra & Mahindra, Maruti Suzuki, and Bajaj Finance ended as major laggards.

Ponmudi R, CEO, Enrich Money, said: “The Nifty50 marked its third straight day of gains, reflecting continued bullish sentiment. However, the index faces resistance around the 26,050–26,100 range, with support at 25,900–25,660. As long as it sustains above 25,800, the trend remains positive. A decisive move above 26,100 could drive an extended rally toward 26,250–26,400, while a drop below 25,900 might trigger mild profit-taking at higher levels.”

Global Cues

Asian markets traded mixed on Wednesday as investors awaited the US Federal Reserve’s policy announcement, where a second consecutive 25-basis-point rate cut is widely expected. Markets have nearly priced in the move, which would lower the federal funds rate to 3.75–4.00 per cent.

Japan’s Nikkei climbed over 1 per cent to a fresh record high, while the Topix was flat and South Korea’s Kospi added 0.17 per cent. Australia’s ASX 200 slipped 0.16 per cent after Q3 inflation rose to 3.2 per cent, the fastest pace in over a year. Hong Kong markets remained closed for a public holiday.

On Wall Street, major US indices hit new record highs overnight — the S&P 500 rose 0.23 per cent, Nasdaq gained 0.80 per cent, and the Dow advanced 0.34 per cent — as investors positioned ahead of the Fed decision.

Aparna Deb

Aparna Deb

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More

Follow News18 on Google. Join the fun, play QIK games on News18. Stay updated with all the latest business news, including market trendsstock updatestax, IPO, banking finance, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the News18 App to stay updated.
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Baby clothes: Strabane scheme offers helping hand to parents

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Baby clothes: Strabane scheme offers helping hand to parents


Keiron TourishBBC News NI north west reporter

BBC Karen Brown is standing in front of a rack of baby and toddler clothes. She wears black glasses and has bobbed hair. There's a clock on the wall behind her. BBC

Health visitor Karen Brown said the project will provide “anything really that a parent is going to need”

It’s not easy out there for families living through the cost-of-living crisis – and that’s why a new scheme in County Tyrone is offering free baby clothes in a bid to support people facing hardship.

The project in Strabane, funded by the Department for Communities, will be available to any family with children up to five years old.

It will also support people with nappies, baby and family toiletries for a nominal fee, but that can be waived in certain circumstances.

Karen Brown, a health visitor with the Western Trust, said the HiVe Baby Hub and free clothing exchange aims to support families in “one of the most socio-economically deprived areas in the entire UK”.

A building. The sign says Grass Roots Community Learning Hub. There's a board outside with an image of a bee.

The scheme will operate from the Grass Roots centre on John Wesley Street in Strabane

The project, which involves the Western Trust, the GP Federation and a local community project, will operate from the Grass Roots Centre on John Wesley Street.

Families can be referred to the service through their health visitor, family nurse and social workers or even call into the centre themselves.

The project also aims to reduce the environmental impact of clothing waste through recycling.

What does the Strabane baby clothes scheme offer?

Baby and children's clothes are folded on tables and hang on racks. Two women are standing next to nappies.

Families can be referred to the service through their health visitor, family nurse and social workers or even call into the centre themselves

Ms Brown, who came up with the idea, said she sees first-hand the needs of parents locally.

“The cost-of-living crisis has hit an awful lot of families hard, so this is a great initiative where we can help.

“Families who have that wee bit extra can also donate if they like.”

To support struggling families, the project already operates a wellness café and a social supermarket where people can purchase groceries at a discounted price if they are part of the membership scheme.

It also offers help with a range of services from money management to learning how to cook and grow your own vegetables.

Ms Brown said that as well as offering a free clothing exchange, it’s also a hygiene hub, which can “help with baby toiletries, nappies and anything really that a parent is going to need to look after their child”.

A children in needs blanket and a Bluey blanket are folded on a shelf.

The HiVe Baby Hub and free clothing exchange will be available to any family with children aged 0-5 years old

Ursula Doherty, from the Strabane Community Project, said people are struggling to meet the cost of baby hygiene products and clothes, and the exchange was a great initiative because it focuses on re-using and recycling.

“We do live in a very throw-away society, so it’s a great project in order to take it from landfill,” she said.

She added that people are going through real hardship.

“More and more families are finding it hard to make ends meet – food, fuel and even baby items.

“That’s right across the board. That’s people who are working and people who are on benefits. Everybody.

“In an ironic way it has equalised us all because everybody is suffering, so it’s always about looking at new initiatives.”

Deputy Mayor Niree McMorris is wearing her gold chain of office. She's standing in a room with baby and children's clothes folded on shelves.

“It’s amazing to see the good work they’re doing here” – Deputy Mayor Niree McMorris

Derry and Strabane Deputy Mayor Niree McMorris said it was an amazing initiative.

“They have things like the clothes exchange, which is taking things out of landfill and putting them back into the community for re-use.

“In the Baby Hub, young families can avail of nappies and hygiene products.

“Everything you need to take care of your child. And also hygiene products for the mammy as well, so I think that’s really important.

“It’s amazing to see the good work that they’re doing here.”



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8th Pay Commission Update: What Government Employees Can Expect

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8th Pay Commission Update: What Government Employees Can Expect


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