Nine killed as car plunges into open well

Deceased belong to same family, six children included Nashik: Nine members of a family, including six children, were killed after their car fell into an open well in Nashik district, police said on Saturday. The accident occurred in the Shivaji Nagar area of Dindori town around 10 pm on Friday, an official said. Chief Minister Devendra Fadnavis expressed grief over the deaths of children in the tragic incident, and said that he has ordered an immediate safety audit of open wells in public...

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Nine killed as car plunges into open well

Deceased belong to same family, six children included Nashik: Nine members of a family, including six children, were killed after their car fell into an open well in Nashik district, police said on Saturday. The accident occurred in the Shivaji Nagar area of Dindori town around 10 pm on Friday, an official said. Chief Minister Devendra Fadnavis expressed grief over the deaths of children in the tragic incident, and said that he has ordered an immediate safety audit of open wells in public areas. According to the police, the victims were returning home after attending a function at a banquet hall in the area when their car fell into a well on the roadside near the venue. Personnel from the local police and emergency services arrived at the scene and retrieved the car and its occupants with the help of two cranes and swimmers around midnight. The victims were members of the Dargode family from Indore village in Dindori taluka, the official said. The bodies were brought to the government hospital in Dindori, the official said, adding that a case has been registered. No Escape According to information, the victims had attended a function organised by Wadje Classes and were returning home to Indore village (Dindori taluka) when the accident took place. The car went out of control and fell into an open well located along the roadside, which was completely filled with water, leaving no chance for escape. After receiving information about the incident, Dindori Police, local administration, fire brigade personnel, and disaster management teams rushed to the spot. Rescue operations were challenging as the well was filled with water. The vehicle was eventually pulled out using two cranes around midnight. A team from the National Disaster Response Force (NDRF) also reached the location, and the rescue operation continued late into the night. The incident has raised serious concerns over administrative negligence. Local residents have alleged that the well, located dangerously close to the road, had no safety measures such as fencing or protective barriers. While speaking to ‘The Perfect Voice’ , Inspector Bhagwan Mathure of Dindori Police Station stated that the well belongs to accused Rajendra Parvatrav Raje. Despite being aware that the well, located adjacent to a public road, posed a serious risk of accidents and possible loss of life, no necessary safety measures were taken. “There was no fencing, barricading, or protective structure around the well,” Mathure said. Probe Ordered State Disaster Management Minister Girish Mahajan visited the accident spot. He said that the administration has been directed to close the well, and that the government will provide assistance of Rs 5 lakh to the kin of the deceased persons. The Nashik collector has been asked to probe the incident and submit an inquiry report, he said. Speaking to reporters in Nagpur, Fadnavis termed the accident "extremely unfortunate". Preliminary information indicated that the well had a low boundary wall and was in the middle of a frequently accessed area, he said. The state government has announced financial assistance for the affected family, he said, adding that instructions have been issued to identify and review all wells situated on roads or in areas with public movement. "Such locations must be audited to assess whether these wells are necessary and what safety measures can be implemented," he said, noting that a higher protective wall could have prevented the tragedy. The deceased Sunil Dattatray Dargode (32) Reshma Sunil Dargode (27) Asha Anil Dargode (32) Gunvanti Sunil Dargode (11) Shreyash Anil Dargode (11) Shravani Anil Dargode (11) Srushti Anil Dargode (14) Samruddhi Rajendra Dargode (7) Shraddha Anil Dargode (13)

India bears the brunt: Nifty crashes 1,100, Sensex nosedives 3,900 points after US trade shock

Correspondent
Apr 7, 2025
2 min read

India woke up to a financial jolt this morning as its equity markets suffered their steepest fall in nearly a year, shaken by the ripple effects of US President Donald Trump’s aggressive new tariff regime. The Sensex plunged over 3,900 points at opening bell, while the Nifty tumbled more than 1,100 points, dragging Indian stocks to a 10-month low.

This sharp decline follows a global equity rout triggered by Trump's protectionist measures, which have sent panic waves across Asia and raised the spectre of a global recession. Investors dumped shares in a massive sell-off, with Indian benchmarks reacting sharply in early trade. The Sensex dropped to 71,425.01 — down 3,939.68 points — while Nifty slipped to 21,743.65, marking a 3.5% slide from the last session.

Adding to the pressure, the Indian rupee depreciated 30 paise to open at 85.74 against the US dollar.

India Among the Hardest Hit

Trump’s latest tariff hike — framed as a push to restore fairness to global trade — has imposed country-specific duties that go as high as 50%. India has been slapped with a 26% tariff, while a 10% baseline duty applies to all nations. This has set alarm bells ringing among Indian exporters and traders already struggling with global demand volatility.

President Trump, unfazed by the financial carnage, likened the move to a bitter but necessary cure. “Sometimes you need the medicine to fix something,” he told reporters earlier today.

Analysts Urge Economic Safeguards

Market experts believe that India's current market turmoil isn't rooted in domestic issues but is rather a consequence of being tightly woven into global investment flows.

“India will face the heat, not due to domestic reasons, but as an interlinked chain in the global portfolio flows,” said Ajay Bagga, a noted market expert. “India will need a fiscal, monetary, and reform package to protect the domestic economy from this global economic winter that is threatening to settle in.”

Sunil Gurjar, SEBI-registered research analyst, warned that the Nifty50 index has breached its first support level and is approaching the next. "A further breakdown could worsen the trend and accelerate the fall," he cautioned.

Asian Markets Bleed

The tremors from Trump's announcement were first felt in Asia, with key markets suffering steep losses. China's stock markets fell over 4% amid retaliatory tariffs of 34% against the US. Hong Kong's Hang Seng nosedived more than 10%, while Japan’s Nikkei index fell 6.5% after plunging 8% earlier in the day. Taiwan saw a near-10% collapse, and Singapore dropped over 8%.

Wall Street Braces for Impact

US markets, though yet to open, appear set for a rough start. Futures contracts on the New York Stock Exchange are sharply down, suggesting heavy losses once trading resumes.

Market sentiment globally has turned bearish, with fears of a looming recession taking hold. Stephen Innes of SPI Asset Management described the scene as “free-fall mode,” noting, “Trump’s team isn’t blinking. The tariffs are being treated as a victory lap, not a bargaining chip.”