Gains in realty, teck, IT, power, consumer durables, banking and oil & gas stocks helped both the key indices to score gains.
In a year when the country produced record coal, rains hit movement of the fuel from mines to power generation units, impacting power generation in many states, including Gujarat, Punjab, Rajasthan, Delhi and Tamil Nadu.
India's traditional companies are now moving full scale into the renewable and alternative energy space that had been dominated by smaller players over the past decade. Companies such as government-owned NTPC and the Adani and the Tata groups restructured their businesses well in time to become major players in the green space. At the same time, other conventional companies, such as Larsen & Toubro and Reliance Industries Ltd (RIL), which have a presence both in the energy sector as well as myriad other activities - construction, technology and retailing - are tying up with new-age companies to hitch a ride to a greener path.
Maharashtra, Chhattisgarh, Karnataka, Uttar Pradesh, Delhi, Tamil Nadu, Madhya Pradesh and Punjab have shown a steep rise in daily COVID-19 cases
Irdai has proposed to increase the Motor Third Party premium rates for cars below 1000 cc to Rs 2,120 from the existing Rs 1,850 for the fiscal 2019-20.
Among the Sensex stocks, Tata Motors emerged as the top gainer, rising by 7 per cent. Yes Bank, ICICI Bank, Vedanta Ltd and Tata Steel were among the gainers.
The COVID-19 active caseload remained below four lakh for the third consecutive day.
This achievement is matched by the downward spiral fall in the number of active COVID-19 cases, which was maintained below the seven-lakh mark for the third successive day, it added.
Rajneesh Gupta lists the New Zealand players's T20 Internationals records updated after the game against England in the T20 World Cup.
E-commerce firms Amazon, Flipkart, and others are expected to witness blockbuster festival season sales of around $9 billion this year, surpassing pre-pandemic sales of $5 billion in 2019. The pandemic has accelerated the shift to e-commerce, with more consumers shopping online at a higher frequency than last year, observed analysts. This year's festival sales (gross merchandise value or GMV) are expected to grow 30 per cent year-on-year (YoY) to $4.8 billion during the first week of the season and potentially clock over $9-billion GMV during the whole festival month, revealed consulting firm RedSeer's e-commerce festival season report.
Rajneesh Gupta lists the Pakistan players's T20 Internationals records updated after the game against Scotland in the T20 World Cup.
Trading sentiment in the equity markets this week will be guided by global cues, Covid-19 trends and quarterly earnings by market heavyweight TCS, analysts said. Investors will also monitor movement of rupee and crude oil as well as progress of monsoon, they added.
Rajneesh Gupta lists the Scottish players's T20 Internationals records updated till their T20 World Cup game against India.
If the initial analysis of this YJ-21 is correct, then China becomes the first country in the world to operationally field such a missile from a naval vessel.
Business executives are finally dusting off their long-unused suitcases to resume travel, thanks to a good vaccination rate, a drop in fresh cases, and an easing of travel restrictions. It comes as a huge relief for the ravaged aviation, travel and hospitality sectors. "We are witnessing a 40 per cent recovery on pre-covid volumes from our business travellers, signalling the return of corporate confidence in air travel," said Indiver Rastogi, president & group head, Global Business Travel, Thomas Cook (India) & SOTC.
Maharashtra Health Minister Rajesh Tope on Thursday told Prime Minister Narendra Modi that mucormycosis or black fungus, which has claimed 90 lives in the state so far, is a matter of prime concern for it at present, and the state government needs more supply of the medicine used in its treatment.
The prime minister will address the UNGA for the second time, his first being in September 2014 after he came to power for the first time.
Dutt, along with about 200 'black cats' commandos, had boarded an IL-76 aircraft of the Aviation Research Centre (ARC) to fly the first batch of the counter-terrorist strike force to Mumbai soon after the western metropolis reported multiple shootouts and public killings in the night of November 26, 2008.
The Johnson and Johnson and Sputnik vaccines should be approved now, as should the Pfizer and Moderna ones, suggests Naushad Forbes. Leave it to the companies to figure out how to put in place the right chilling infrastructure. Don't let a lack of approvals deprive the country of availability, suggests Naushad Forbes.
He accused the previous governments of being sluggish on implementing railway projects and said the work of ambitious eastern and western dedicated freight corridors expedited only in the last six-seven years.
The country's largest lender State Bank of India (SBI) on Wednesday reported a 55 per cent increase in consolidated net profit at Rs 5,245.88 crore for the second quarter ended September 30 on account of decline in bad loans. The bank's net profit stood at Rs 3,375.40 crore in July-September quarter of the previous fiscal, SBI said in a regulatory filing.
Housing sales are estimated to rise 93 per cent year-on-year during April-June across seven major cities, but may fall 58 per cent compared to the previous quarter due to the adverse impact of the second wave of COVID-19, according to property consultant Anarock. Sales are likely to be around 24,570 units across seven major cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune, Anarock said. Sales of residential properties stood at 12,740 units in April-June 2020 and 58,290 units in March quarter 2021.
Suitors for Punjab and Maharashtra Co-operative Bank (PMC Bank) may have to infuse additional capital of nearly Rs 750 crore so that the payout per depositor is more than the Rs 5 lakh sum assured by the Deposit Insurance and Credit Guarantee Corporation (DICGC). The Reserve Bank of India (RBI) has also slotted its board meeting on March 19 in Mumbai - a fortnight short of the current deadline to find a resolution for the beleaguered bank and the moratorium placed on it comes to an end. Sources close to the PMC Bank transaction said that the central bank wants the suitors "to go the extra mile so that depositors can get more than the Rs 5 lakh insured by the DICGC". This is also to ensure that the new owners of the bank - who are to be issued a small finance bank (SFB) licence - are serious and have deep pockets.
The statement comes in the wake of reports that warned of power crisis looming large due to the coal shortage in the country.
It was Sindhu's third successive loss to Marin, who had won both the Super 1000 events in Thailand in January before finishing runners-up at the HSBC BWF World Tour Finals.
The buzz in the IPO market continues with four companies launching their initial share sales this week to raise over Rs 14,628 crore collectively. This comes after four companies -- Devyani International, Krsnaa Diagnostics, Windlas Biotech and Exxaro Tiles-- launched their initial share-sales last week to mobilise Rs 3,614 crore. So far in the current fiscal, 16 companies have raised Rs 30,666 crore through IPOs against Rs 31,277 crore by 30 firms in the entire 2020-21. Going forward, market analysts expect the IPO environment to remain buzzing during the entire 2021-22.
The 28-year-old from Hyderabad, a winner of the Indonesia Masters, semi-finalist at Malaysia Masters and quarter-finalist at the All England Championship, saw US$36,825 added to her career earnings.
The number of people who have recuperated from the disease surged to 2,48,93,410 and the case fatality rate has increased to 1.16 per cent
Capable of flying at Mach 2.5 (two-and-a-half times the speed of sound), the F-15EX is the world's fastest fighter aircraft. It carries 13.5 tonnes of weapons load, more than the Rafale or the Sukhoi-30MKI.
Ajit Mishra answers reader queries on the stock market.
The semi-high speed train is scheduled to be flagged off by Prime Minister Narendra Modi on February 15.
India expects 2.16 billion doses of Covid-19 vaccines between August and December, including the jabs that are currently in clinical trials, reports Sohini Das
The API of Paracetamol, a fever and pain medication, has grown 25 per cent from Rs 450-480 per kg in December 2020 to Rs 580-600 per kg in April. When compared to the pre-Covid prices of December 2019, the surge is much steeper -- around 140 per cent, reports Sohini Das.
India skipper Virat Kohli was pushed to the fifth spot by his English counterpart Joe Root, who rose two rungs to third in the latest ICC Test rankings for batsmen, even as Jasprit Bumrah and Ravichandran Ashwin moved up in the bowlers' chart.
Debutants Gujarat Titans capped a fairytale season by beating inaugural champions Rajasthan Royals by seven wickets to win the IPL title in their first season in Ahmedabad on Sunday.
Virat Kohli will join the elite company of eleven other Indians and a total of 70 other players across the various countries to complete the century of Test match appearances.
Ronaldo just bought the most exquisite Bugatti La Voiture Noire.
Silver coins remained unaltered at Rs 69,000 for buying and Rs 70,000 for selling of 100 pieces.
Although there is no government order to this effect, chemists decide to not dispense medicines for cold, cough and fever over the counter.
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