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Asian cues, depreciating rupee pull equity indices lower (Roundup)

Mumbai, July 5 (IANS) Tepid investor sentiments in the Asian markets on the back of trade war concerns subdued the key Indian equity indices on Thursday.
In the Asian markets, concerns prevailed, as Friday, June 6 is the deadline set by the US to impose tarrifs on Chinese goods worth $34 billion.
Further, a depreciating Indian rupee also weakened the investor sentiments in the domestic market.
Index-wise, the broader Nifty50 of the National Stock Exchange (NSE) closed at 10,749.75 points, lower by 20.15 points or 0.19 per cent from its previous close of 10,769.90 points.
The barometer 30-scrip Sensitive Index (Sensex), which opened at 35,703.17 points, closed at 35,574.55 points, down by 70.85 points or 0.20 per cent from its previous session's close of 35,645.40 points.
Sensex touched a high of 35,748.26 points and a low of 35,517.79 points during the intra-day trade. The BSE market breadth was bearish with 1,607 declines and 1,077 advances.
"The weakness came on the back of weak Asian markets as a looming deadline for imposition of US tariffs on Chinese products seemed to worry investors across Asia," Deepak Jasani, Head of Retail Research at HDFC Securities.
BNP Paribas Mutual Fund, Senior Fund Manager for Equities, Abhijeet Dey said July 6, 2018 is the deadline set by the US for imposition 25 per cent tariff on $34 billion worth of Chinese goods on more than 800 product categories.
"If implemented, China is likely to retaliate with duties of the same value on US products," he added.
Globally, the major Asian markets closed on a negative note while the European indices like FTSE 100, CAC 40 and DAX traded in the green, Jasani told IANS.
On the currency front, the rupee ended at 68.95 per dollar, 21 paise weaker than its previous close of 68.74 per greenback.
Investment-wise, provisional data with exchanges showed that foreign institutional investors sold scrip worth Rs 159.37 crore while the domestic institutional investors sold stocks worth Rs 296.97 crore.
Sector-wise, the S&P BSE FMCG index gained the most, by 115.86 points, followed by the banking index which ended 42.12 points higher and the auto index was up 36.51 points.
On the other hand, the S&P BSE consumer durables index plunged 561.63 points, the IT index fell 225.90 points and the metal index ended lower by 179.72 points from its previous close.
The major gainers on the Sensex were Yes Bank, up 3.96 per cent at Rs 348.80; ITC, up 2.97 per cent at Rs 272.30; Asian Paints, up 2.35 per cent at Rs 1,321.85; Coal India, up 2.27 per cent at Rs 270.15; and Bajaj Auto, up 1.77 per cent at Rs 2,969.80 per share.
The top losers were Infosys, down 4.47 per cent at Rs 1,284.50; Vedanta, down 3.09 per cent at Rs 221.10; Tata Steel, down 2.71 per cent at Rs 553.50; Tata Motors (DVR), down 2.66 per cent at Rs 153.40; and Reliance Industries, down 2.53 per cent at Rs 965 per share.
--IANS<br>rrb/qd/vm

‘Ministers, MLAs farming for FB challenge will inspire real farmers’

Panaji, July 5 (IANS) Ministers and MLAs stepping out into the fields and indulging in farming activities, thanks to a Facebook challenge which went viral, will inspire agricultural land holders to take up farming activity once again in Goa, Union Minister of State for AYUSH Shripad Naik said on Thursday.
Naik at a press conference held at the BJP state headquarters in Panaji, also expressed support for Prime Minister Narendra Modi-led government's decision on Wednesday to increase the minimum support price (MSP) for kharif crops.
"It is a good thing that ministers are stepping out in the fields. Farmers will get inspired by this", Naik said, as a Facebook farming challenge has gone viral in the coastal state, with ministers as well as MLAs posing for the camera while ploughing, planting paddy saplings, and indulging in other farm activities.
"Everyone should step out in the field, not just ministers. Our health has deteriorated because we do not step into our farms. Body toxins are released through the sweat but now we do not indulge in such work. You go back 25 years in time, you will not see the diseases we face today. People would regularly work, even hospital OPDs were not overcrowded," Naik said.
Praising the Central government for raising the MSP on 14 kharif crops by an average of 50 per cent, Naik who is a former Union Minister of State for Agriculture said: "The Prime Minister in the last election had promised to double the earnings of farmers by 2022. The increase in MSP is a step in that direction. Therefore the farmers in the country are happy. In the last four years, several decisions have been taken for the welfare of farmers."
--IANS<br>maya/mag/vm

Brace up to defeat SP-BSP alliance in 2019: Shah

Lucknow, July 5 (IANS) BJP President Amit Shah on Wednesday exhorted his party men to brace up to defeat the Samajwadi Party (SP) and the Bahujan Samaj Party (BSP) which may come up with an alliance ahead of the 2019 general elections.
Shah, who is on a two-day visit to Uttar Pradesh, met BJP workers and members of its social media team here, attended by Chief Minister Yogi Adityanath, his deputy Dinesh Sharma, state BJP chief Mahendra Nath Pandey, and Ministers and other leaders.
The Bharatiya Janata Party chief also exhorted them to ensure that the vote share of the party went up in the 2019 polls.
"The party President gave us tips on micro-management of elections and ways to ensure that the unholy and opportunistic of the SP and BSP is exposed before the voters," a senior party functionary present at the meeting told IANS.
Party office-bearers were closeted with the BJP chief, who is credited with BJP success in Uttar Pradesh, first in the 2014 Lok Sabha elections and then in 2017 Assembly elections.
The BJP won 71 of the 80 Lok Sabha seats in the 2014 general elections and 312 of the 403 Assembly seats in 2017.
Shah had visited Mirzapur and Varanasi on Tuesday where he interacted with the party's social media teams and other party leaders.
--IANS<br>md/tsb/vm

Sacha Baron Cohen teases new project ‘mocking’ Trump

Los Angeles, July 5 (IANS) Actor-comedian Sacha Baron Cohen has posted a teaser for a new project that appears to take on US President Donald Trump.
"He's back... as you've never seen him before." The words are interspersed with a "Happy Fourth of July" message from Trump and footage of the President saying "Sacha Baron Cohen, go to school! Learn about being funny", reports variety.com.
"Sacha graduates soon," the teaser said on Wednesday, ending with a title card for Trump University that uses the actual logo for the defunct real estate training school.
The new project might also include other targets, as he was also reported to have filmed a stunt with sports person O.J. Simpson in his Las Vegas hotel room in February.
Baron Cohen and Trump have a long and antagonistic relationship.
Trump has said he was the only person to immediately walk out of his interview with Baron Cohen's "Ali G.", but Baron Cohen has said he was actually there a comparatively long nine minutes.
Trump's proclamation "I never fall for scams" was recently mocked when he spoke to comedian Stuttering John while on Air Force One.
In the the 2016 satirical comedy "Grimsby", which Baron Cohen starred in and co-wrote, Trump becomes infected with HIV after Daniel Radcliffe's blood is sprayed into his mouth due to a gunshot.
Released during Trump's campaign, the movie included a disclaimer that the candidate did not actually have HIV.
Baron Cohen is currently shooting Netflix series "The Spy", written and directed by Gideon Raff.
He was previously set to star in British director Michael Winterbottom's "Greed", about the world of the super-rich, though the project seems to be on hold.<br> <br>--IANS<br>dc/ksk

Sacha Baron Cohen teases new project ‘mocking’ Trump

Los Angeles, July 5 (IANS) Actor-comedian Sacha Baron Cohen has posted a teaser for a new project that appears to take on US President Donald Trump.
"He's back... as you've never seen him before." The words are interspersed with a "Happy Fourth of July" message from Trump and footage of the President saying "Sacha Baron Cohen, go to school! Learn about being funny", reports variety.com.
"Sacha graduates soon," the teaser said on Wednesday, ending with a title card for Trump University that uses the actual logo for the defunct real estate training school.
The new project might also include other targets, as he was also reported to have filmed a stunt with sports person O.J. Simpson in his Las Vegas hotel room in February.
Baron Cohen and Trump have a long and antagonistic relationship.
Trump has said he was the only person to immediately walk out of his interview with Baron Cohen's "Ali G.", but Baron Cohen has said he was actually there a comparatively long nine minutes.
Trump's proclamation "I never fall for scams" was recently mocked when he spoke to comedian Stuttering John while on Air Force One.
In the the 2016 satirical comedy "Grimsby", which Baron Cohen starred in and co-wrote, Trump becomes infected with HIV after Daniel Radcliffe's blood is sprayed into his mouth due to a gunshot.
Released during Trump's campaign, the movie included a disclaimer that the candidate did not actually have HIV.
Baron Cohen is currently shooting Netflix series "The Spy", written and directed by Gideon Raff.
He was previously set to star in British director Michael Winterbottom's "Greed", about the world of the super-rich, though the project seems to be on hold.<br> <br>--IANS<br>dc/ksk

ISRO tests crew escape system for human spaceflight

Chennai, July 5 (IANS) In its aim towards human spaceflight, Indian space agency ISRO on Thursday carried out the first in a series of tests to qualify a crew escape system.
The Indian Space Research Organisation (ISRO) in a statement said the crew escape system is a critical technology for human spaceflight.
"The crew escape system is an emergency escape measure designed to quickly pull the crew module along with the astronauts to a safe distance from the launch vehicle in the event of a launch abort.
"The first test (Pad Abort Test) demonstrated the safe recovery of the crew module in case of any exigency at the launch pad," ISRO said.
According to the ISRO, the five-hour countdown was smooth. The crew escape system along with the simulated crew module with a mass of 12.6 tonne, lifted off at 7 a.m. at the Satish Dhawan Space Centre in Sriharikota in Andhra Pradesh.
The test was over in 259 seconds, during which the crew escape system along with crew module soared skyward, then arced out over the Bay of Bengal and floated back to Earth under its parachutes about 2.9 km from Sriharikota.
The crew module reached an altitude of nearly 2.7 km under the power of its seven specifically designed quick acting solid motors to take away the crew module to a safe distance without exceeding the safe g-levels.
Nearly 300 sensors recorded various mission performance parameters during the test flight.
Three recovery boats are being exercised to retrieve the module as part of the recovery protocol.
--IANS<br>vj/in

Bad weather prevents Rajnath’s Amarnath visit

Srinagar, July 5 (IANS) Union Home Minister Rajnath Singh could not visit the Amarnath Cave Shrine due to inclement weather on Thursday.
The Home Minister will take a review of various developmental projects, security and law and order in Jammu and Kashmir before concluding his two-day visit, official sources said.
He had met Governor N.N. Vohra on Wednesday at the Raj Bhawan after arriving here along with Ajit Doval, national security advisor and Rajiv Gauba, union home secretary.
This is Singh's first visit to the state after Governor's rule was imposed here on June 20.
Singh will return to New Delhi on Thursday later.
--IANS <br>sq/in

Bad weather prevents Rajnath’s Amarnath visit

Srinagar, July 5 (IANS) Union Home Minister Rajnath Singh could not visit the Amarnath Cave Shrine due to inclement weather on Thursday.
The Home Minister will take a review of various developmental projects, security and law and order in Jammu and Kashmir before concluding his two-day visit, official sources said.
He had met Governor N.N. Vohra on Wednesday at the Raj Bhawan after arriving here along with Ajit Doval, national security advisor and Rajiv Gauba, union home secretary.
This is Singh's first visit to the state after Governor's rule was imposed here on June 20.
Singh will return to New Delhi on Thursday later.
--IANS <br>sq/in

Shooting for ‘The Accidental Prime Minister’ wraps up

New Delhi, July 5 (IANS) The shooting for the upcoming biographical political drama "The Accidental Prime Minister" has concluded, says veteran actor Anupam Kher, who will be seen playing the role of former Prime Minister Manmohan Singh in the film.
Anupam, 63, on Thursday tweeted that shooting here was a learning experience for him.
"The Delhi schedule of our film 'The Accidental Prime Minister' comes to an end. It was great to shoot in a city where I learnt so much about acting (National School Of Drama). It has been a learning experience to work with some superb actors from this city. Thank you Delhi," Anupam wrote.
The film is based on a book by Sanjaya Baru, a former media advisor to Manmohan Singh. Akshaye Khanna features as Baru, and Divya Seth Shah plays Manmohan Singh's wife Gursharan Kaur in the movie
It is directed by debutant Vijay Ratnakar Gutte, along with Hansal Mehta as the creative producer.
The script of "The Accidental Prime Minister", produced by Bohra Bros, is written by Mayank Tewari. It is slated to release on December 21.
--IANS<br>dc/ksk

Bhumi Pednekar proud, excited for ‘Sonchiriya’

Mumbai, July 5 (IANS) Actress Bhumi Pednekar says she is proud and excited for her upcoming film "Sonchiriya", which is slated to release on February 8, 2019.
Bhumi, 28, on Wednesday shared the film's first look, where actors Sushant Singh Rajput, Ranvir Shorey and Manoj Bajpayee are seen in a dacoit avatar.
"Watch us in 'Sonchiriya' releasing on February 8, 2019! So proud and excited for this one. Ronnie Screwvala, Abhishek Chaubey, Sushant Singh Rajput, Manoj Bajpayee, Ranvir Shorey," she captioned the image.
The film is directed by Abhishek Chaubey, who earlier helmed films like "Udta Punjab", "Dedh Ishqiya" and "Ishqiya".
"Son Chiriya" revolves around Chambal dacoits and is set in the 1970s. This will be the first time Sushant and Bhumi will be seen starring together.
--IANS<br>dc/ksk