The Opposition intensified its noisy protests in Lok Sabha on Wednesday over Pegasus snooping, farm laws and other issues with some unruly members even hurling papers and torn placards in the House, but the government went ahead with its legislative agenda and three bills were passed amid the din.
Cooking gas LPG prices may be hiked next week after under-recovery on the fuel widened to over Rs 100 per cylinder, sources said insisting that the rate hike, including the quantum of increase, is dependent on government permission. If allowed, this will be the fifth increase in cooking gas rates across all categories - households using subsidised gas for cooking and heating purposes, non-subsidised fuel and industrial-sized gas. LPG rates were last hiked by Rs 15 per cylinder on October 6, taking the total increase in rates since July to Rs 90 per 14.2-kg cylinder.
On the Sensex chart, Yes Bank was the worst hit with 7.81 per cent decline. It was followed by Tata Steel, Vedanta, M&M, IndusInd Bank and Tata Motors -- shedding as much as 5.07 per cent.
On Saturday, Biden had accused Donald Trump of "abdicating responsibility" and had pressed the outgoing president to immediately sign the COVID-19 relief bill that was pending.
The bank believes that that gold prices will recover this year and retain a pronounced bullish posture.
Cuts its 2013 price forecast to $1,760 an ounce from $1,850.
The total coronavirus cases mounted to 64,73,544 with 79,476 new infections being reported in a day, while the death toll climbed to 1,00,842 with the virus claiming 1,069 lives in a span of 24 hours, data updated at 8 am showed.
While presenting the Union Budget to Parliament earlier this month, Finance Minister Nirmalal Sitharaman had raised fiscal deficit target to 3.8 per cent of the GDP from 3.3 per cent pegged earlier for 2019-20 due to revenue shortage.
The positivity rate dipped to 0.12 per cent.
Australian fast bowler Pat Cummins shattered the record for the most expensive foreign buy ever in the IPL auction as Kolkata Knight Riders bought him for a massive Rs 15.50 crore.
Equity flows turning positive could give fund managers firepower to invest in the markets. This could come in handy as flows from foreign investors have tapered off amid rising bond yields in the US.
Arguing that the recent elevation in retail inflation is not structural but supply-driven and therefore potentially transitory, a foreign brokerage report has forecast that the benign interest rate regime will continue at least until next June. The assessment comes a day ahead of the third bimonthly monetary policy review on Friday wherein it's widely expected that the monetary authority will leave the key rates unchanged at 4 per cent even though the consumer prices have been on remaining above 6 per cent since May and crude prices have been north of $70 a barrel for months.
RBI to ensure loans rate fall
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
All India average retail tomato price, which has shot up by 63 per cent to Rs 67 per kg over the last year due to unseasonal rains, are likely to soften from December with the arrival of fresh crop from northern states, the government said on Friday. In the case of onions, retail prices have substantially subsided below to the level that prevailed in 2020 and also 2019, it said. "Tomato arrivals from north Indian states will start from the beginning of December itself, which will add to availability and lead to fall in prices.
Acquisition of Henkel India can provide new opportunities for Jyothy Laboratories to flourish.
918 terrorists were gunned down by security forces during the same period.
Earlier on Saturday, former India spinner Murali Kartik expressed anger over Manoj's fate at IPL Players Auction.
Many netizens started to feel that both of them engaged in a heated argument, but later Jones and Patel clarified that all is going on in good spirits.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
With the revised interest rates, the one-year fixed deposit will attract an interest rate of 6.75 per cent as against the 7 per cent earlier
The TMC, in total, bagged 75.02 per cent of the votes cast, whereas the BJP got some 14.48 per cent votes, in the four assembly segments.
US private equity firm Silver Lake Partners will invest an additional Rs 1,875 crore in the retail arm of Reliance Industries, the Indian firm said in a statement on Wednesday.
Albie Morkel has decided to retire from all forms of cricket, ending a two-decade career that earned him a reputation as a clean striker of the ball and a bowler full of guile.
Signalling hardening of interest rates in the industry, India's largest private sector lender ICICI Bank on Thursday hiked deposit rates in select tenures by up to 0.50 per cent with immediate effect.
The claim comes against the cancellation of the match due to heavy rains.
India skipper Virat Kohli and his predecessor Mahendra Singh Dhoni are among the top players who are retained by their respective Indian Premier League franchises, Royal Challengers Bangalore and comeback outfit Chennai Super Kings respectively.
The robust revenue collection reinforces hope of a good economic performance in the third quarter of financial year 2020-21 after the surprising pickup seen in Q2.
Coming out of the red after virtually wiping out Rs 124 crore (Rs 1.24 billion) accumulated losses, leading watchmaker Timex is investing Rs 6.75 crore (Rs 67.5 million) as it expects to earn profits this year.
Railways have earned Rs 24,272.45 crore (Rs 242.72 billion) during April and May this year as against Rs 22,445.29 crore (Rs 224.45 billion) during the same period last year, registering an increase of 8.14 per cent.
Rajneesh Gupta lists the Bangladesh players's T20 Internationals records updated after their T20 World Cup game against South Africa.
Andhra Pradesh Chief Minister K Rosaiah on Saturday presented a tax-free budget for financial year 2010-11 with an outlay of Rs 1,13,675 crore (Rs 1.13 trillion) and a projected expenditure of Rs 1,13,660 crore.
The death toll due to COVID-19 climbed to 47,033 with 942 people succumbing to the disease in the last 24 hours, health ministry data updated at 8 am showed.
According to the health department data, 1,01,070 coronavirus cases have been recorded so far this month.
The bonds were available for seven years. Since these were not traded in the secondary market, redemption took place at maturity.
The Board of Control for Cricket in India paid the International Cricket Council around Rs 2.4 crore for various charges incurred for the Indian squad carrying "additional team members" during the World Cup earlier this year.
It is too early to judge if the fall in Nifty from an all-time high of 11,170 to February 12 closing of 10,539 is a big trend reversal or merely a short-term correction, says Devangshu Datta.
The broad-based NSE Nifty, after shuttling between 10,296.70 and 10,211.90, finally ended 15.80 points, or 0.15 per cent down at 10,226.85.
Total income rose 6.55 per cent to Rs 5,361 crore (Rs 53.61 billion) compared with Rs 5,031 crore (Rs 50.31 billion) for the same period last year.
Personal care products maker VVF is looking at diversification into the food business. The Rs 675 crore (Rs 6.75 billion) company is currently eyeing buyouts in India.
