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Sensex drops over 100 points in early trade; Nifty slips below 18,100-mark

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Sensex drops over 100 points in early trade; Nifty slips below 18,100-mark

Despite the generally positive trend in the global market, the stock benchmark Sensex fell more than 100 points in early trading on Tuesday, tracking the declines of major index companies Reliance Industries, HDFC twins and Kotak Bank. The 30-share index fell 122.35 points or 0.20% to 60,596.36 in initial trading. Similarly, Nifty fell 45.45 points or 0.25% to 18,064. HDFC was the biggest loser in the Sensex package, with a drop of more than 1%, followed by Kotak Bank, Asian Paints, Kotak Bank, Reliance Industries and PowerGrid.

On the other hand, Tata Steel, M&M, Bajaj Finserv, Maruti, Nestle India and Tech Mahindra all led the way. On the previous trading day, Sensex closed at 60,718.71, up 32.02 points or 0.05%. Similarly, Nifty rose 6.70 points or 0.04% to 18,109.45.

According to exchange data, foreign institutional investors (FII) are net buyers in the capital market because they bought shares worth 42.474 crore on Monday. “The market trend may be largely influenced by global developments, especially the market’s response to rising inflation.

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VK said: “The U.S. and European markets are dismissive of the high inflation rate of 6.2% in the U.S. This may give the global stock market flexibility in the short term, even if people are worried that stock prices will rise.” Geojit Financial Services Chief Investment Strategist Vijayakumar. In India, the Reserve Bank of India once again warned that Indian stock prices are much higher based on traditional valuation parameters.

But he pointed out that the central bank is optimistic about the ongoing growth recovery of the Indian economy. Elsewhere in Asia, exchanges in Shanghai, Hong Kong, Tokyo and Seoul rose in intraday trading. The American Stock Exchange closed slightly lower overnight. At the same time, the international oil benchmark Brent crude oil rose 0.89% to US$82.78 per barrel.

News Source : Zee News

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DTC to start electric buses from 3 Delhi ISBTs to Noida airport by May end

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DTC to start electric buses from 3 Delhi ISBTs to Noida airport by May end

The buses will start and currently serve Greater Noida and Jewar, even though the airport is probably not going to be operational by May By the end of May, the Delhi Transport Corporation (DTC) plans to begin operating electric buses from the Capital to the soon-to-be Noida International Airport (NIA) in Jewar, according to officials. The buses will begin at.

Delhi’s three Inter State Bus Terminals (ISBTs) — Maharana Pratap ISBT at Kashmere Gate, Swami Vivekanand ISBT at Anand Vihar, and Veer Hakikat Rai ISBT at Sarai Kale Khan — and currently serve Greater Noida and Jewar, even though the airport is probably not going to meet the May deadline to be operational The Delhi Transport Corporation (DTC) is set to launch.

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Electric bus services connecting Delhi’s Inter-State Bus Terminals (ISBTs) to the upcoming Noida International Airport (NIA) in Jewar by the end of May 2025. This initiative aims to enhance connectivity between the national capital and the new airport, providing a March 2025, DTC and NIA signed operate thesesustainable and efficient mode transportation for.

Key Features of the Service

  • Routes and Terminals: The electric buses will operate from three major ISBTs in Delhi: Maharana Pratap ISBT at Kashmere Gate, Swami Vivekanand ISBT at Anand Vihar, and Veer Hakikat Rai ISBT at Sarai Kale Khan. Initially, these buses will serve areas in Greater Noida and Jewar, catering to the March 2025, DTC and NIA signed an MoU to operate these demand for public transport in these regions.
  • Memorandum of Understanding (MoU): In March 2025, DTC and NIA signed an MoU to operate these bus services, formalizing the collaboration between the two entities The fleet will consist of air-conditioned, low-floor electric buses equipped with modern amenities, including GPS tracking, CCTV cameras, panic buttons, and broad aisle spaces to accommodate luggage. These features aim to ensure.
  • Commuters passenger safety and comfort during transit While the exact fare amounts are yet to be finalized, discussions are ongoing in consultation with the Yamuna Expressway Industrial Development Authority (Yeida), which manages the Jewar area. The authorities aim to establish a cost-effective fare structure for commuters The bus services will initially be deployed on a pilot basis. Depending demand.

Additional Considerations

  • Infrastructure Development: A four-kilometer stretch of road that will be part of the bus route is not fully developed yet. DTC has reached out to Yeida to ascertain the usability and development timeline of this segment to ensure seamless operations. and passenger feedback, routes may be adjusted, and the number of buses increased to better serve commuters this, the bus services will begin as scheduled.
  • Airport Operational Timeline: Although the NIA was expected to commence operations by mid-May 2025, it is likely to miss this deadline due to ongoing construction work. Despite this, the bus services will begin as scheduled, providing connectivity to the surrounding areas in the interim providing connectivity to the surrounding areas in the interi This initiative reflects DTC’s commitment to.
  • Enhancing public transportation infrastructure and promoting eco-friendly travel options in the National Capital Region. By introducing electric buses on this route, the corporation aims to offer a reliable and sustainable alternative for commuters traveling between Delhi and the upcoming Noida International The Delhi Transport Corporation (DTC) is set to commence electric bus services.
  • connecting Delhi’s Inter-State Bus Terminals (ISBTs) to the upcoming Noida International Airport (NIA) in Jewar by the end of May 2025. This initiative aims to provide eco-friendly and convenient transportation options for commuters traveling between Delhi and the new airport NIA was expected to commence.
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