Citizens' Issues
Over 25,000 weddings cause traffic chaos in Delhi
Most arterial roads in the capital faced massive traffic jams as around 25,000 couples tied the knot in traditional Indian weddings on Monday.
 
Wedding organisers, farm house owners, banquet hall owners estimated around 20,000-25,000 weddings took place as the day was listed in Indian lunar almanacs as the most auspicious of the season for the marriages.
 
A city-based priest, Pt. Ram Gopal told IANS: "The number of weddings could be around 25,000."
 
"I myself attended three weddings. I along with my relatives have been managing weddings for years. We all were busy in two or more marriages on Monday."
 
Gopal said the day was very auspicious because of "Ekadashi tithi", the eleventh day since New Moon according to lunar calendar.
 
"The next two good dates for weddings are December 12 and 13, but none this year could beat the record set by December 7," he said.
 
A farmhouse owner, Ravindra Gupta, told IANS he had managed three marriages for which he had to outsource additional manpower for catering and other things.
 
"I have seven banquet halls in Rani Bagh and Mehrauli and all of them were booked three months ago," Gupta told IANS.
 
A band performer, Mohammed Ibrahim, the owner of one of the oldest bands in Delhi, told IANS: "My men attended nine marriages. As every wedding needs over 20 men, we had to seek over 50 men on double pay."
 
Additional Deputy Commissioner of Police Sharad Agarwal said the city started facing traffic jams from 8 p.m. onwards due to large number of weddings, which involved guests as well as baratis - those joining the groom's procession.
 
"In view of the large number of weddings happening in Delhi, we had deployed maximum number of traffic police staff to manage traffic," Agarwal said.
 
G.T. Karnal Road in north Delhi, Rani Bagh in south Delhi, several roads in Dwarka in west faced massive traffic jams due to the weddings and processions while the traffic movement was very slow in trans-Yamuna area and on the National Highway-8 leading unto suburban Noida and Ghaziabad areas.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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Get your passports reissued for free: Sushma tells Chennai residents
External Affairs Minister Sushma Swaraj on Monday said people who lost their passports in the Chennai floods will get the same reissued for free.
 
"If your passport is lost or damaged in floods, please go to any of the three (Passport Sewa Kendra) PSKs in Chennai. They will issue you fresh passport free of charge," the minister tweeted.
 
Lakhs of people were hit due to floods caused by torrential rains in the Tamil Nadu capital. 
 
Life was slowly limping back to normalcy on Monday.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
 
 

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Nifty, Sensex may put in a short rally – Monday closing report
Nifty may not be out of the woods yet but may bounce back till 7850
 
We had mentioned in our last week closing report that Nifty, Sensex is in a downtrend and Nifty may head towards 7,600. Today, although Nifty opened higher it was on a continuous downtrend. It hit its days high at the opening of the session and moved lower. By 10.51 am it was trading close to Friday’s close. After moving sideways upto 12.34 pm it moved into the red and could not revive, making it the fourth consecutive day of loss making session. The trends in the major indices in the course of Monday’s trading are given in the table below:
 
 
 
Heightened prospects of a US rate hike, coupled with slow progress in the Indian Parliament in approving a key economic legislation, subdued Indian equity markets on Monday, leading to a barometer index closing 108 points in the red.
Initially, both the bellwether indices of the Indian equity markets opened higher in sync with their Asian peers which firmed up following Friday's positive close for the US markets.
 
Furthermore, Friday's recommendations from the chief economic advisor (CEA) for a standard goods and services tax (GST) rate in the range of 17-18% and to eliminate all taxes on inter-state trade buoyed markets.
 
During Monday's trade, the barometer 30-scrip sensitive index (Sensex) of the BSE shed 108 points or 0.42%. Similarly, the wider 50-scrip Nifty of the National Stock Exchange (NSE), too, closed in the red. It was marginally lower by 17 points or 0.21% at 7,765.40 points.
 
The 30-stock Sensex, which opened at 25,746.03 points, closed at 25,530.11 points, down 108 points or 0.42% from the previous day's close at 25,638.11 points. The Sensex touched a high of 25,785.53 points and a low of 25,477.69 points during the intra-day trade. Markets observers pointed out that the parliament's logjam has reduced the chances of GST bill getting passed this session. This has been a major dampener for the markets.
 
According to data with stock exchanges, FIIs sold stocks worth Rs65.04 crore, while DIIs off-loaded stocks worth Rs54.9 crore.
 
FMCG, public sector banks, energy and auto stocks came under selling pressure. Pharma, tech and reality stocks outperformed with decent gains.
 
Sector-wise, healthy buying was observed in healthcare, banking and consumer durables sector, while selling pressure was seen in fast moving consumer goods (FMCG), metal and oil and gas sectors.
 
The healthcare index rose by 126.40 points, banking index gained by 57.54 points and consumer durables index was higher by 35.27 points, while the FMCG index plunged by 191.68 points, metal index receded by 55.85 points and oil and gas index declined by 42.56 points.
 
Major Sensex gainers during Monday's trade were Sun Pharma, up 2.81% at Rs.777.35; Hindustan Unilever, up 2.01% at Rs.831.75; Lupin, up 1.41% at Rs.1,831.35, Tata Steel, up 1.39% at Rs.243.55; and HDFC, up 1.20% at Rs.1,186.
 
The major Sensex losers were ITC, down 6.57% at Rs.313.55 (on fears of higher taxes on account of GST); Coal India, down 2.42% at Rs.327.55; ONGC, down 1.54% at Rs.224.10; Reliance Industries, down 1.25% at Rs.953.70; and Maruti Suzuki, down 0.91% at Rs.4,564.35.
 
The top gainers and top losers of the major indices are given in the table below:
 
 
Both the foreign institutional investors (FIIs) and the domestic institutional investors (DIIs) were net sellers during the day's trade at the stock exchanges.
 
The closing values of the major Asian indices are given in the table below:
 
 

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