US Stocks Mixed as Nasdaq Drops Over 3%, Dow Jones Gains

January 28, 2025 5:58 PM

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US Stocks Mixed as Nasdaq Drops Over 3%, Dow Jones Gains

US stocks displayed a mixed trend yesterday. The tech-heavy Nasdaq Composite plunged over three percent, and the S&P 500 declined over 1.4 percent after a low-cost Chinese artificial intelligence model triggered a steep sell-off in US semiconductor companies, casting doubt on the dominance of US...

Sri Lanka Files Indictment Against Namal Rajapaksa Over Krish Project Allegations

January 28, 2025 5:56 PM

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Sri Lanka Files Indictment Against Namal Rajapaksa Over Krish Project Allegations

In Sri Lanka, the Attorney General’s Department has filed an indictment in the High Court against Namal Rajapaksa. Member of Parliament and son of former President Mahinda Rajapaksa, Namal Rajapaksa, has been alleged to be involved in the form of illegal payoffs in the Krish project. The case revolv...

Rupee Falls by 19 Paise, Settles at 86.53 Against US Dollar

January 28, 2025 5:56 PM

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Rupee Falls by 19 Paise, Settles at 86.53 Against US Dollar

In the Forex market, the rupee today depreciated by 19 paise to settle at 86 rupees and 53 paise against the US dollar. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, is trading at 107.91 in intra-day trade.

Heavy Snow Hits South Korea, Disrupting Flights & Ship Routes
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January 28, 2025 5:00 PM

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Heavy Snow Hits South Korea, Disrupting Flights & Ship Routes

Heavy snow blanketed South Korea today, with about 120 centimetres of snow piling up in the mountain areas of the southern resort island of Jeju. Other areas across the country were also pounded by snow, with more than 10 centimetres of snow falling in cities such as Chungju, Wonju, and Daejeon. Seo...

Cricket: India defeats Scotland by 150 Runs in U-19 Women’s T20 World Cup

January 28, 2025 4:01 PM

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Cricket: India defeats Scotland by 150 Runs in U-19 Women’s T20 World Cup

In the ICC Under-19 Women’s T20 World Cup, India defeated Scotland by 150 runs at Bayuemas Oval Stadium in Kuala Lumpur, Malaysia, this afternoon. Chasing a target of 209 runs set by India, Scotland was all out for only 58 runs in 14 overs. For India, Aayushi Shukla bagged 4 wickets, while Vaishnavi...