Thursday, Oct 28, 2021 | Last Update : 10:37 AM IST

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Economy

State-owned fuel retailers have since Wednesday started passing on the larger incidence of cost to consumers. (Photo: PTI/File)

Petrol, diesel price hiked again

Prices differ from state to state depending on the incidence of local taxes

The impact of pandemics could be a lot more asymmetric by affecting the vulnerable segments more. (Photo: PTI/File)

Pandemic has affected poor more: RBI Governor Shaktikanta Das

Das called for a more inclusive and sustainable growth

M.R. Kumar, chairman, LIC of India and chairman, National Insurance Academy (NIA) governing board. (Photo: PTI)

LIC chief calls for joint efforts to address protection gaps

For an emerging economy, protection gaps may pose multiple problems, according to LIC

IT/BPO sectors were the major contributor for the job growth. (Representational image)

Jobs grew by average 4 per cent in last 7 years: Labour ministry survey

Around 27 per cent establishments reduced employment during the pandemic

The seven-member panel would submit a report in two months. (Photo: ANI/File)

State ministers to review GST rates

The Group of Ministers looking at rate rationalisation will review the goods and services that are exempted from taxes

Market

 Asian shares jump, yields rise as Fed readies corp bond buying. (AFP Photo)

Asian shares jump as Federal Reserve starts corporate bond buying programme

Global equities fallen sharply from late last week due to worries about US economy and confirmation of new coronavirus cluster in Beijing

Petrol price was hiked by 30 paise per litre and diesel by 35 paise a litre. (PTI Photo)

Fuel price hike: Mumbai becomes first metro city to see diesel price cross Rs 100

The price of petrol in Delhi rose to its highest-ever level of Rs 103.84 a litre and Rs 109.83 per litre in Mumbai

All but one stocks on the Nifty PSU Bank gained on Tuesday. (Photo: PTI/File)

Shares of PSU banks gain

The Nifty PSU Bank Index gained 3.08 per cent on Tuesday

Analysts expect real  estate sales to pick up pace in the festive season (Photo: AFP/File)

Realty stocks jump on short covering

The BSE Realty Index closed 8.39 per cent up

Companies

Elon Musk-led SpaceX's satellite broadband arm Starlink said that its service is available in many countries and it will be easier for it to get government approvals if it has a high number of pre-orders from India. (AFP Photo)

Elon Musk's Starlink aims to start broadband service in India from Dec next year

Starlink Country Director for India Sanjay Bhargava in his social media post said that the pre-order from India has crossed 5,000

The total debt of Air India as of August 31 stands at Rs 61,562 crore. (PTI Image)

Tata Sons wins bid for acquiring national carrier Air India at Rs 18,000 cr

Tata Sons were up against Spicejet promoter Ajay Singh-led consortium who had bid Rs 15,100 crore

Air India is laden with a huge debt of around Rs 43,000 crores of which Rs 22,000 crores will also be transferred to the Air India Asset Holding Limited. (PTI Photo)

Tata Group makes financial bid for Air India sale

The government declined to share any details on expectations from the sale of Air India

Google Cloud customers operating in India will benefit from low latency and high performance of their cloud-based workloads and data. (Photo: blog.google)

Google Cloud adds second cloud region in India in Delhi-NCR

Google's first cloud region in India went live in Mumbai in 2017

2-DG manufactured by Dr. Reddy's has a purity of 99.5 per cent. (Photo: Twitter/@drreddys)

Dr. Reddy's Labs to launch Covid drug 2-DG at Rs 990 per sachet

The company will make the drug available in hospitals across metros and Tier 1 cities in the initial weeks

Autos

 The company said on June 26 that 140 of the roughly 8,000 staff at the factory had caught the virus and two had died. (PTI Photo)

Bajaj Auto unions demand factory halt after 250 workers test COVID-19 positive

It said work there would not be stopped, however, as the company wanted to learn to “live with the virus”

Automobile volumes in FY21 pushed the industry back by six years. (File Photo/Representational)

High taxes rile auto-makers

The demand for vehicles is unlikely to revive as buyers are finding it difficult to buy cars and two-wheelers

 Bajaj Auto is witnessing a strong revival in demand for two-wheelers in the domestic as well as international markets. (PTI Photo)

Two-wheeler sales rebound, three-wheelers to take longer: Bajaj Auto

In April-June, the company sold 1,85,981 units in the domestic market, down 69.55 per cent from 6,10,936 units in the same period last year

It is expected that KIA will also release MPV (Multi-Purpose Vehicle) models next year. (Photo: PTI/File)

KIA to strengthen sales in Indian market; release new cars, raise price

KIA India will expand its lineup starting with the release of 'Seltos X Line' in the early of this month

In Other News

The Sebi had shortened the settlement cycle from T+3 rolling settlement to T+2 from April 1, 2003. (Photo: PTI/File)

BSE to begin T+1 settlement in Jan

T+1 settlement will be a major advantage for retail individual investors

Prices are likely to inch up from that prevailing 12-18 months back. (Representational Image)

Home prices seen moving up in a year

Real estate prices have remained stagnant for six-seven years and have hit rock-bottom in recent times

Fuel prices differ from state to state depending on the incidence of local taxes such as value-added tax (VAT) and freight charges. (Photo: PTI)

Diesel crosses Rs 100 in Madhya Pradesh; Petrol in Sikkim crosses Rs 100/litre

Petrol price was increased by 35 paise per litre and diesel by 18 paise a litre

Shares of SBI were trading at Rs 398.50 per unit. (Photo: PTI)

SBI Q4 profit jumps 80 per cent to Rs 6,451 crore as bad loans situation improves

State Bank of India (SBI) had registered a profit of Rs 3,580.81 crore during January-March period of 2019-20

Tomato crop will be ready for harvest in around 2-3 months after planting and harvesting is done as per the requirement of the market. (Photo: PTI/File)

Tomato turns costly on tight supply; prices soar to Rs 72 per kg in metros

At present, harvesting is underway in key growing states of Madhya Pradesh, Andhra Pradesh and Karnataka