MRF Bombay Dyeing Titan ICICI Prudential Life hit new 52week high Idea

first_imgEmployees walk in a lobby at the Bombay Stock Exchange (BSE) during the announcement of the annual budget in Mumbai February 28, 2013 (representational image).Reuters fileMRF hit Rs 57,958.65 but ended at Rs 57,040, still 7.66 percent higher from its previous close. Tyre stocks are poised for a bull run after it was reported that imports of tyres from China may pause as the country eyes America that is reportedly planning to lift anti-dumping duty on Chinese tyre imports.”China has raised their TBR (truck, bus and radial) tyre prices for Indian market by 10-15%, rendering them unattractive. Our checks indicate that Chinese factories have nearly stopped catering to tyre demand from India as US markets were more lucrative,” Nitesh Sharma and Dhawal Doshi of Philip Capital said in their note, reported the Economic Times.Ceat ended 2.85 percent higher at Rs 1,258 after hitting an intraday high of Rs 1,270, Apollo Tyres gained 4.58 percent to close at Rs 194 and JK Tyre & Industries was up 3.51 percent higher at Rs 128.New 52-week-highs of other stocks include Titan (Rs 467), ICICI Prudential Life Insurance (Rs 378.95), Bombay Dyeing (Rs 70.15), L&T Financial Holdings (Rs 122.80), Adani Enterprises (Rs 122.85) and Can Fin Homes (Rs 2,122.40).The Sensex closed 45 points lower at 29,398 while the Nifty ended almost flat at 9,091.The rupee is on a gaining spree. After hitting a 16-month high of 65.82 to the US dollar on Tuesday, it gained further and was trading at 65.44 on Wednesday. The appreciation in the domestic currency affected share prices of Indian IT companies, since they derive a large part of their revenues in dollars.The proposed sale of tower business by Idea Cellular is seen as a positive sign for the Aditya Birla Group company.”The sale of the towers business to ATC will help Idea monetize some of its assets ahead of the proposed merger with Vodafone. It is expected that the Vodafone merger may be announced soon. In fact, Idea has already surged by over 50% in the last couple of months since the proposed merger with Vodafone was announced. Its recently launched Idea Select plan also aided sentiments,” brokerage Angel Broking said in a note on Wednesday.Gold ended Rs 250 lower to close at Rs 28,650 per 10 gm while silver closed at Rs 40,300 per kg, down Rs 500.last_img

President PM pay tribute to liberation war martyrs

first_imgPresident Abdul Hamid and prime minister Sheikh Hasina pay tributes to the martyrs of the liberation war at the National Memorial on Tuesday, 26 March 2019. Photo: PIDPresident Abdul Hamid and prime minister Sheikh Hasina paid rich tributes to the martyrs of the War of Liberation by placing wreaths at the National Memorial in Savar, Dhaka on Tuesday morning, marking the 49th Independence and National Day, reports UNB.President Hamid first placed a wreath at the altar of the memorial followed by the prime minister.After placing the wreaths, the president and the prime minister stood in solemn silence for some time as a mark of profound respect to the memories of the martyrs of the Great War of Liberation in 1971.A smartly turned-out contingent drawn from Bangladesh Army, Navy and Air Force presented a state salute on the occasion, while the bugles played the last post.Ministers, advisers, parliament members, the chiefs of the three services, freedom fighters, foreign diplomats and high civil and military officials were present on the occasion.Later, flanked by senior leaders of the party, Sheikh Hasina, also the president of Bangladesh Awami League, laid another wreath at the National Memorial on behalf of her party.last_img

Trump Pelosi clash over Mexico border wall

first_imgThis combination of file pictures created on 20 January, 2019 shows US president Donald Trump as he arrives at the White House in Washington, DC, on 19 January, 2019,and Speaker of the House Nancy Pelosi (D-NY) outside the House Chamber on Capitol Hill in Washington, DC on 3 January 2019US president Donald Trump bitterly attacked top Democrat Nancy Pelosi on Sunday and she again insisted that he end the government shutdown before border security talks can begin, but there were hints of possible movement.Trump lashed out on Twitter a day after Pelosi, speaker of the House of Representatives, dismissed as a “non-starter” his offer to extend temporary protection to about a million immigrants in return for $5.7 billion for the wall he wants on the Mexican border to fulfil a signature campaign promise.Government shutdowns are a disruptive political ritual that have occurred in various administrations and are almost unique to the American system. But this one is the longest on record. It has left about 800,000 federal workers unpaid — among them airport security officers, FBI agents, museum workers, and Coast Guard members.”Nancy Pelosi has behaved so irrationally & has gone so far to the left that she has now officially become a Radical Democrat,” the president tweeted. “She is so petrified of the ‘lefties’ in her party that she has lost control.”It was Trump’s most direct attack on Pelosi since the partial government shutdown began, and appeared to reflect a mounting sense of frustration.Pointedly ignoring his personal comments, Pelosi on Twitter emphasized the need to end the impasse, which has inflicted increasing pain after one month, with some government employees having to turn to food banks or local charities to get by.”Reopen the government, let workers get their paychecks and then we can discuss how we can come together to protect the border. #EndTheShutdown,” she tweeted.Good-faith compromiseWhile Pelosi and other Democrats dismissed Trump’s offer, Republicans insisted that it represented actual movement by the president.Vice president Mike Pence, who has been leading the administration’s contacts with Congress, said the Senate would put the proposal to a vote as early as Tuesday. He called it “a good-faith compromise.”The planned vote also reflects a shift by Senate Republican leader Mitch McConnell. He insisted previously that he would not take up any shutdown bill unless both Trump and Democratic leaders backed it.”In a very real sense, what President Trump did here was he set the table for a deal,” Pence said on “Fox News Sunday.”The bill’s fate was far from clear. Republicans hope to lure the votes of a few Democrats from Trump-friendly states to reach the 60 votes needed, but they may lose some hard-line conservatives in the process.Most blame RepublicansThe Trump administration — increasingly blamed by Americans for the shutdown — is trying to balance demands of those hard-liners and Democrats who adamantly oppose spending the $5.7 billion Trump wants for a wall.Trump has regularly warned of what he says is a serious criminal threat from undocumented migrants entering the country, which is grappling with a surge in arrivals by families and children who say they are fleeing poverty and violence in Central America.Democrats have offered more than $2 billion for a range of other border-security measures.They assailed Trump’s new offer as cynical, noting that it was the president who — by moving earlier to end the DACA program protecting 700,000 young immigrants and to expel about 300,000 others in a separate program — had placed in jeopardy many of those for whom he now offers temporary protection.But anti-immigrant voices also attacked Trump’s offer as tantamount to amnesty for the undocumented — a toxic concept for many conservatives.”No, Amnesty is not a part of my offer. It is a 3 year extension of DACA,” Trump said in another tweet. DACA was former president Barack Obama’s program to shield undocumented immigrants who entered the country as children.Trump said that there would be “no big push” to remove the 11 million people in the country illegally, before warning: ‘but be careful, Nancy!”His immigration crackdown has not stanched the influx of migrants, and a new group of about 400 Hondurans — the fourth since October 13 — headed north on Saturday, officials there said.Still, as the costs of the US shutdown mounted, both sides in the standoff appeared to be casting about cautiously for a road ahead.”The vote this week (in the Senate) is not to pass the bill,” said Senator James Lankford, a Republican, “It’s to open up and say, can we debate this? Can we amend it? Can we make changes? Let’s find a way to get the government open.”Representative Bennie Thompson, a Democrat who chairs the Homeland Security Committee, said that “I would not rule out a wall in certain circumstances.”He suggested that Democrats were amenable to negotiating if Trump would stop demonizing the party and its leaders and provide assurances that he would not suddenly shift positions.”The notion that we have come from a (focus on a) wall to some other thing is moving it along,” he told ABC’s “This Week,” “but we have to sit down and talk.”Representative Tulsi Gabbard, who plans to seek the presidency in 2020, told CNN it was urgent that both sides “come together and have a real conversation and hash out the differences.”But representative James Clyburn, the third-ranking House Democrat, insisted that the government must first be reopened.last_img

Gravitational data from Dawn suggests dome on Ceres is made of volcanic

first_img Citation: Gravitational data from Dawn suggests dome on Ceres is made of volcanic mud (2019, June 11) retrieved 18 August 2019 from https://phys.org/news/2019-06-gravitational-dawn-dome-ceres-volcanic.html © 2019 Science X Network This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Back in 2015, NASA’s Dawn space probe showed that there was a domed-shaped mountain approximately four kilometers high and seventeen kilometers wide—since named Ahuna Mons—rising from the surface of Ceres, a dwarf planet residing in our solar system’s asteroid belt. Initial inspection suggested volcanism; the dome-shape streaked mountain with salt on its slope looked reminiscent of volcanoes here on Earth, or even the icy domes seen on some of the solar system’s moons. But logic has suggested that the mechanics involved in creating volcanism on a dwarf planet would not work. Because of its small size, it would cool down and solidify, preventing any interior activity. But that logic appears not to apply to Ceres, the team found.The researchers noted evidence that the dome was created relatively recently, perhaps just a couple hundred million years ago—it has very few craters. Also, prior study of data from Dawn by another team led to the discovery that Ceres had a mantle loaded with fluids. To learn more, the team looked at gravity field maps built using data from Dawn. They found evidence of a plume extending from the mantle to the dome above it. A closer look suggested that the plume had at some point carried a mud-like mix of water, salt and other particles up into the area where the dome had formed.The researchers describe the plume as unlike any other documented to date, and thus is a novelty in the solar system. They also note that because of the composition of the plume, there is a possibility that Ceres’ mantle is still churning, pushing material up into the dome making it grow. Explore further Dawn snaps its best-yet image of dwarf planet cerescenter_img Journal information: Nature Geoscience More information: Ottaviano Ruesch et al. Slurry extrusion on Ceres from a convective mud-bearing mantle, Nature Geoscience (2019). DOI: 10.1038/s41561-019-0378-7 Colocation of volcanic dome and isostatic gravity anomaly. a, A false-colour mosaic (R, 0.97 µm; G, 0.75 µm; B, 0.44 µm) of the region of Ahuna Mons from Dawn Framing Camera observations. The dome of Ahuna Mons is close to the centre of the mosaic, and its high-reflectance areas are steep flanks rich in carbonates and phyllosilicates. b, The isostatic anomaly represented with spherical harmonic degrees l= 5–14 and showing about 50–60 mGal at approximately the same coordinates as Ahuna Mons for the same area as a. Credit: Nature Geoscience (2019). DOI: 10.1038/s41561-019-0378-7 An international team of researchers has found evidence that suggests the large dome found on the surface of the dwarf planet Ceres is made of slurry—a mix of salty brine and solid particles. In their paper published in the journal Nature Geoscience, the group describes their study of data from the Dawn spacecraft and what it revealed.last_img