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Equity indices in red ahead of RBI policy review outcome (Lead)

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Mumbai, Dec 6 (IANS) Key Indian equity indices on Wednesday traded in the red during the mid-afternoon session as investors remained cautious ahead of the outcome of the Reserve Bank of India’s (RBI) two-day policy review meet due later during the day.

Besides, negative Asian markets, coupled with heavy selling pressure in metals, banking and auto stocks, kept investors’ sentiments subdued.

Around 1 p.m., the wider Nifty50 of the National Stock Exchange (NSE) traded lower by 50.40 points or 0.50 per cent at 10,067.85 points.

The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 32,798.50 points, traded at 32,678.35 points — down 124.09 points or 0.38 per cent — from its previous close.

The Sensex touched a high of 32,804.75 points and a low of 32,621.10 during the intra-day trade so far.

The BSE market breadth was bearish — 1,320 declines and 1,134 advances.

“Indian markets took a cue from the Asian indices trading flat-to-negative and opened lower,” Dhruv Desai, Director and Chief Operating Officer of Tradebulls, told IANS.

“All eyes now await the RBI policy decision to be taken in the afternoon. The central bank looks set to keep its policy rate on hold after inflation accelerated to a seven-month high and stronger economic growth reduced the need for stimulus,” he added.

On Tuesday, the equity indices recovered from their day’s lows to close with marginal losses which were trimmed by good buying in stocks of banking majors like State Bank of India and Kotak Bank, and index heavyweights like Reliance Industries.

The NSE Nifty50 edged lower by 9.50 points or 0.09 per cent to close at 10,118.25 points, while the BSE Sensex closed at 32,802.44 points — down 67.28 points or 0.20 per cent.

–IANS
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Foodman Vishal Singh Honored for Hunger Free World Mission in Bangkok

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Lucknow: Vishal Singh, a renowned social worker from Lucknow, also known as Foodman, has once again made India proud. He was honored by the Happy Hands Gloves Cooperative Limited Company in Korathai, Thailand, for his work with the Hunger Free World Mission.

The Hunger Free World Mission’s meeting was held in Korathai, Thailand, under Vishal Singh’s leadership. Representatives from several countries, including Mr. Raja Dwivedi (Managing Director of Happy Hands Gloves Limited), Thailand Coordinator Mr. Raja Mishra, and member Mr. Varun Singh, attended the event.

Under Vishal Singh’s leadership, the attendees took a pledge to work together toward creating a hunger-free world.

Speaking on the occasion, Vishal Singh explained that the main goal of the Hunger Free World Mission is social participation. He said the mission is not just about feeding people but also about meeting other basic needs of those who are struggling. The mission focuses on helping families of terminally ill patients in hospitals by providing food and shelter. It also works to fulfill essential needs like education, jobs, and care for the elderly.

For the last 16 years, the Vijay Sri Foundation has been providing free services, benefiting thousands of people. Vishal Singh highlighted that the mission aims to gain global recognition like other organizations such as WHO, WWF, and Red Cross, which work for social causes.

During this meeting, Vishal Singh was appointed as the Chairman of the Hunger Free World Mission by representatives from various countries. They also discussed holding regular meetings in different countries to push the mission forward.

Business tycoon Dr. Abhishek Verma has also supported this humanitarian mission, vowing to promote the idea of “Seva Parmo Dharma” (Service is the highest duty) worldwide. Vishal Singh praised him, stating that people like Dr .Abhishek Verma inspire others to work for the betterment of society.

Recently, Romania’s Ambassador, Mr . Daniela Sezonov Ţane, invited Vishal Singh to the Romanian Embassy in Delhi, where they discussed the mission in detail. Impressed by his humanitarian work, she honored Vishal Singh and invited him to Romania to take the mission forward .

Food man Vishal Singh has been serving the people of India for the past 16 years. Through the Vijay Sri Foundation, he provides free meals to cancer patients & their families ,shelter, and education for women & children along with running free old-age homes in Lucknow.

In addition to his humanitarian work, Vishal Singh also addresses issues like crime and corruption through his role as Chairman of Seva Path Media and Managing Director of Vijay Sri Foundation.

During the COVID-19 pandemic, Vishal Singh and his team worked tirelessly to provide food and help to the needy, including starving children, elderly citizens, and pregnant women. Despite contracting the virus himself, he continued to assist others after his recovery. He even created a life-saving oxygen regulator using household items, which was praised by doctors both in India and abroad.

In his address at the meeting, Vishal Singh spoke about his mission to create a hunger-free world. He pointed out that India’s large population, along with issues like unemployment and poverty, has caused the country to fall on the Hunger Index. He urged people to contribute just one handful of grains daily to help create a hunger-free world.

He concluded by saying that through social participation, we can empower the people around us, meet their basic needs, and work together to build a stronger, more prosperous, and developed society.

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