Sensex, Nifty rise as auto stocks gain on solid July sales data

Indian shares rose on Monday, helped by auto stocks as monthly data showed recovery in July sales after a second wave of COVID-19 cases had dented demand By 9:15 am, the blue-chip NSE Nifty 50 index climbed 0.5% to 15,845 and the benchmark S&P BSE Sensex rose 0.60% to 52,901.28. Both the indexes posted their third…

Petrol, diesel prices unchanged for 16th straight day. Check details

Petrol and diesel prices remained unchanged on Monday despite a slight drop in international crude oil prices. Fuel prices have not been hiked by state-run oil marketing companies for the 16th consecutive day. Although fuel prices have not been hiked, both petrol and diesel rates remain at record at all-time highs…

India’s economy shows signs of recovery as factory activity rises in July

India’s economy has shown signs of recovery in July as factory activity rebounded on the back of rising domestic and international demand. The recovery in manufacturing has prompted companies to create new jobs after a deadly second wave of the Covid-19 pandemic disrupted the economy. The Manufacturing Purchasing…

Cryptocurrency prices today: Bitcoin tests $40,000 after falling sharply, Ether rises

Cryptocurrency prices went through a period of consolidation during the weekend after showing mixed trends for most parts of last week. The virtual coin market seems to have carried the weak momentum from the weekend on Monday as most cryptocurrencies fell. Bitcoin, the world’s most popular cryptocurrency, fell…

SBI waives off home loan processing fees completely till August 31. Check details

The State Bank of India (SBI) has announced a limited period offer that will benefit homebuyers. The country’s largest public lender announced the ‘Monsoon Dhamaka Offer’ under which the processing fees on home loans will be waived completely. This is a significant reduction from the existing process fees of 0.4…

Unacademy raises $440 million in fresh funding round, now valued at $3.44 billion

Learning platform Unacademy on Monday announced it has raised USD 440 million in a funding round led by Temasek, with super pro-rata participation from General Atlantic, Tiger Global, and Softbank Vision Fund. The latest fundraise takes the valuation of Unacademy Group to USD 3.44 billion, it said in a statement. The…

Johnson & Johnson Withdraws Speedy Covid Vaccine Approval Proposal In India: Report

Bengaluru:  India’s drug regulator said on Monday that Johnson & Johnson withdrew its proposal seeking accelerated approval of its COVID-19 vaccine in the country, without giving additional details, according to a report by news agency Reuters. The US based company had said in April it was seeking an…

Opposition Meeting Tomorrow To Decide On Mock Parliament vs Government

New Delhi:  In the middle of a deadlock and non-stop disruptions in parliament, over 14 opposition parties will meet tomorrow morning to decide on the option of a “mock parliament” outside, sources say. A breakfast meeting at around 9.30 am is being planned at Congress leader Rahul Gandhi’s home…

Supreme Court To Hear Plea Challenging Rakesh Asthana As Delhi Top Cop

New Delhi:  The Supreme Court will hear a petition challenging the appointment of Rakesh Asthana as the Delhi Police Commissioner. A two-member bench of Chief Justice NV Ramana and Justice Surya Kant is expected to hear this matter on Thursday. The petition has been filed by a lawyer – ML Sharma – who…

Tokyo 2020: If Kamalpreet Kaur can throw 66m, there is a realistic chance of discus medal – Anju Bobby George

HIGHLIGHTS Kamalpreet Kaur qualified for the final after throwing 64m, the 2nd best in the qualification round Kamalpreet’s best throw is 66.59m — she broke the national record with that throw in June Anju Bobby George said a throw of 66m or above gives the Indian a realistic chance One of India’s…