Posts

Showing posts with the label Crash

China battles to shore up stocks, yuan after globe-shaking slide

Image
China moved to shore up shaky sentiment on Tuesday a day after its stock indexes and yuan currency tumbled, rattling markets worldwide, but analysts warned investors to buckle up for more wild price swings. Stocks fell more than 2% in early trade, prompting fears that exchanges were set for a second day of panic sellingafter a 7% dive on Monday set off a new “circuit breaker” mechanism, suspending trade nation-wide for the first time.  Read More

BSF charter plane crashes in Delhi's Dwarka area

Image
A Border Security Force (BSF) plane on Tuesday morning crashed at Bagdola village in Sector 8, Dwarka here in thenational capital. The  Charter Plane  was a Ranchi-bound  BSF  Superking Aircraft with around five to seven people onboard, a BSF source said. As per the Delhi Fire Department sources, 15 fire tenders have reached at the spot. Home Minister Rajnath SIngh issued a statement on Twitter terming the news as tragic.