Rise With India: What’s Hot On January 10 – Times Now

Security breach at the PM’s office: The Supreme Court will hear the case today 

The Supreme Court will hear a petition today over Prime Minister Narendra Modi’s security breakdown in Punjab. The prime minister’s convoy was stalled on a flyover in Ferozepur in January owing to a protester roadblock, and he returned from poll-bound Punjab without attending any of the planned activities, including a rally 

 

Today, the DDMA will convene to consider additional measures to combat the COVID-19 threat 

The Delhi Disaster Management Authority will meet today to explore more restrictions, including a “complete curfew,” under the Graded Response Action Plan, amid an increase in COVID-19 instances, according to sources 

 

India to start administration of booster vaccine doses 

Healthcare and frontline workers, as well as individuals over 60 years old with co-morbidities, will receive the COVID-19 vaccination dosage as a precaution 

 

Q3 Earnings  

•    5Paisa Capital (5PAISA)  

•    GNA Axles (GNA) 3Q 

 

Markets & Economy 

US 

Rising interest rates battered tech stocks with the Nasdaq almost 1% lower; 4.5% lower for the week 

Dow was flat in trade, down 0.1% 

S&P500 was lower for a fourth consecutive day for the first time since September; down 0.4% 

Non-farm payroll rose 199k vs 422k expected by the DJIA 

While tech stocks took a beating, value names in energy and financials showed strength through the week 

US index futures are directionally the same after last week 

The Dow and Nasdaq Futures continue to look lower in early trade today 

 

Europe 

European stocks closed lower on the back of highest inflation ever on record 

Preliminary data suggested that inflation in Europe came in at 5% YOY for December 

  

Asia 

Asian indices have largely started the second week of 2022 lower in trade 

SGX Nifty Futures is marginally higher in early trade today