Benchmark indices ended sharply higher, reversing earlier losses for the week on the back of strong Friday gains. The NSE Nifty 50 rose 1.99% to close at 23,622.90, up 461.30 points. The BSE Sensex climbed 2.30% to 75,527.95, gaining 1,695.40 points. Both indices turned positive for the week, with Nifty and Sensex ending higher after earlier declines between Monday and Thursday. The rebound came after optimism around a potential US-Iran deal lifted sentiment across global markets and eased risk concerns. Meanwhile, crude prices declined in early Asia trading on Friday after US President Donald Trump said Washington and Tehran had reached a framework agreement, raising hopes of easing tensions in the Middle East. WTI crude futures for July delivery dropped 1.65% to $86.26 per barrel. Brent crude fell 4.6% to $86.3 per barrel. The slump in crude oil prices came after a draft memorandum between the US and Iran includes provisions to ease tensions and restore energy flows, a...
A 2-km ditch has formed at a village in Rajasthan's Sawai Madhopur village after the Surwal dam overflowed. The water flowed over fields and the Jadawata village bore the brunt of the destruction. A ditch 2 km long, 100 feet wide and 55 feet deep has formed near the village.
Experts said if the rain continues, the situation may worsen.
The ditch stands over acres of farm land. Two houses, two shops and two temples collapsed as the water from across the fields flowed into the ditch, forming a waterfall of sorts.
The army and relief forces have been stationed in the area and nearby houses have been evacuated. The administration is constantly monitoring the situation.
On receiving information about the ditch, local MLA and minister Karodi Lal Meena visited the affected area. He instructed the officials to divert water with the help of machines.
The villagers, though, say it is now almost impossible to stop the soil erosion.
Heavy rains have created havoc across vast stretches of Rajasthan.
Many villages have been completely submerged and others have been completely cut off.
The maximum impact is being seen in Kota, Bundi, Sawai Madhopur and Jhalawar. More than 400 kutcha and pucca houses have collapsed in Digod subdivision including Hariji's Nimoda village of Kota.
Hundreds of people are forced to live in relief camps.
The army and the national and state disaster relief forces have been at work rescuing the locals.
from NDTV News- Special https://ift.tt/1pN0sOW
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