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India's Latest Developments: Markets Surge, Political Moves, and Cultural Highlights

Foreign investments boost markets, political realignments continue, and cultural narratives unfold in a dynamic week for India.

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Overview

  • Foreign portfolio investors injected ₹8,500 crore into Indian equities over three trading days, lifting BSE Sensex by 4.51% and NSE Nifty by 4.48%.
  • Sharad Pawar and Ajit Pawar's private meetings fuel speculation of political reconciliation, with three discussions held in recent weeks.
  • The Uttar Pradesh government executed a late-night reshuffle, transferring 33 IAS officers, including appointing Vishal Singh as Information Director.
  • Delhi Art Gallery's 'A Treasury of Life: Indian Company Paintings, 1790–1835' exhibition showcases 200 artworks, running until July 5.
  • Former DGP Om Prakash's murder investigation reveals his wife planned the act, with searches on neck injuries found on her phone.