The Mint Report

The Mint Report

Terror has struck again. At least 11 people were killed and another 60 injured when a bomb exploded near the gate at the Delhi High Court. The explosion took place at 10:15 in the morning just as the area was packed with petitioners who gather there every Wednesday. And while there’s no conclusive evidence about the culprits, an outfit called Harkat-ul-Jihad-al-Islami has claimed responsibility. Back in May, a small bomb had gone off in the same area without wounding anyone.

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In other news the government has taken one step closer to stronger nuclear safety regulations in India. On Wednesday it introduced the Nuclear Safety Regulatory Authority bill in Parliament. The bill would create two regulators to oversea the sector. They are a Council for Nuclear Safety, which will be headed by the Prime Minister and the Nuclear Safety Regulatory Authority, which will enforce standards and procedures for the nuclear power industry. The move comes after the Fukushima nuclear disaster in Japan back in March.

Indian markets rallied for a second day in a row, in line with equities worldwide. The Sensex jumped 202 points to 17,065. And the Nifty climbed 60 to 5,125.