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    1. Business News
    2. Authors
    3. fe bureau

    FE Bureau

    Prices of Brent crude oil have risen after the unrest in Kazakhstan and the deteriorating political situation in Libya which affected the supply. By the end of Indian market hours, Brent crude prices were trading at $82.78 a barrel, up 0.96%.
    Uncertainty among investors: Yields rise on Fed stance, hardening of oil prices

    Dealers expect each auction will put an added strain on the yields due to cancellation and devolvement on primary dealers.

    By FE Bureau
    January 8, 2022 01:30 IST
    The Prime Minister reiterated his appeal to take every precaution in the fight against Covid.
    Shield of 150 crore vaccine doses important as Omicron cases rise: PM Modi

    Speaking at the inauguration of the second campus of Chittaranjan National Cancer Institute, Kolkata, the PM said 150 crore doses…

    By FE Bureau
    January 8, 2022 00:45 IST
    Primary dealers demanded a higher commission cut-off rate. The RBI set a commission of 11 paise per Rs 100 on the 5.74%-2026 bonds.
    Weekly bonds auction sees tepid demand, PDs come to the rescue

    “Volumes are lacklustre and demand was weak and some devolvement was expected,” Ajay Manglunia, MD and head – institutional fixed…

    By FE Bureau
    January 8, 2022 00:15 IST
    patanjali
    Patanjali scientists prove hawan eco-friendly way of cleaning environment

    By the same token, Hawan could be effective against contagious diseases caused by these microbial pathogens like bacteria and fungi,…

    By FE Bureau
    Updated: January 7, 2022 08:39 IST
    reliance industries
    Oversubscribed three times: India’s largest foreign currency bond issuance: RIL raises $4 billion

    The three tranche bonds have a mautrity of 10-year, 30-year and 40-year, and were 120 basis points (bps), 160 bps…

    By FE Bureau
    Updated: January 7, 2022 08:56 IST
    renewable energy
    CERC paves way for RIL to access 500 MW renewable energy for Jamnagar refinery

    The power line to the refinery will be drawn from the Jam khambaliya pooling station, which is connected with solar…

    By FE Bureau
    January 7, 2022 08:22 IST
    Meanwhile, the rupee fell 4 paise to 74.42 against the dollar, tracking hawkish minutes from the US federal reserve.
    Hawkish Fed: Sensex snaps four-day rally, yields spurt

    Tech Mahindra was the top Sensex loser, down 2.5%, followed by UltraTech Cement, Reliance Industries, HCL Tech and the HDFC…

    By FE Bureau
    January 7, 2022 06:15 IST
    Electrolysers are used to make green hydrogen using electricity generated from renewable sources. (Representative image)
    1 GW capacity: Hero, Ohmium to make green hydrogen

    While Hero Future will assume the overall ownership of the assets, Ohmium will be responsible for the design, construction, and…

    By FE Bureau
    January 7, 2022 06:00 IST
    By the end of October 2021, 8,405 ckm of transmission lines and 15,268 MVA of substations had been built.
    Cabinet approves Rs 12,031-crore green power transmission scheme

    Most projects for the first phase of the green energy corridor scheme have been awarded through tariff-based competitive bidding.

    By FE Bureau
    January 7, 2022 05:15 IST
    It said around Rs 20 crore is being invested every day to run the airline by the government, and the successful bidder needs to invest huge capital to infuse new life into the carrier.
    Delhi HC dismisses Swamy’s plea on Air India divestment

    A Bench comprising Chief Justice DN Patel and Justice Jyoti Singh said Swamy’s petition, which also sought a probe into…

    By FE Bureau
    January 7, 2022 04:00 IST
    However, given that the LIC Act has no provision for foreign investments, there is a need to align various sets of relevant rules to allow foreign investor participation in the proposed IPO of the country’s largest insurer, analysts have said.
    Revised FDI policy soon to facilitate LIC IPO: DPIIT

    The LIC IPO proposal was approved by the Cabinet in July 2021 and the government is planning to launch it…

    By FE Bureau
    January 7, 2022 03:45 IST
    The 15-18 group has seen 1.66 crore vaccinations in four days.
    India inching towards 150-crore Covid-19 vaccination mark

    The government has provided 153.90 crore vaccine doses to states/ Union Territories and 18.43 crore unutilised vaccine doses are still…

    By FE Bureau
    January 7, 2022 03:00 IST
    RIL, reliance industries Ltd, Reliance jio, spectrum dues
    RIL raises $4 billion in India’s largest-ever foreign currency bond issuance

    While the $1.5 billion notes priced at 2.875% mature in ten years in 2032, the $1.75 billion notes priced at…

    By FE Bureau
    January 7, 2022 02:30 IST
    The yield on the 10-year SDL has sharply increased – by almost 10 basis points – this week.
    Spread between 10-year SDL, G-Sec widens as state borrowing cost rises

    In the latest auction, nine states raised Rs 18,887 crore, around Rs 453 crore less than the notified amount since…

    By FE Bureau
    January 7, 2022 02:15 IST
    The high-profile event was to be held from January 10 to 12 at Mahatma Mandir in Gandhinagar.
    Vibrant Gujarat summit postponed due to Covid-19 surge

    Revenue minister Rajendra Trivedi said the move is a precautionary measure in the larger interest of citizens.

    By FE Bureau
    January 7, 2022 01:45 IST
    Retail PV sales numbers for December 2021
    December retail sales: Poor show continues as PV, 2W segments worst hit

    The semi-conductor shortage combined with the rising cost of ownership resulted in yet another month where the PV sales numbers…

    By FE Bureau
    Updated: January 8, 2022 12:07 IST
    Hyundai Creta Sunroof
    Hyundai retains wholesale despatches spot in December

    While Tata Motors managed to have higher number of wholesale dispatches than Hyundai Motor India in December, the later managed…

    By FE Bureau
    Updated: January 6, 2022 12:56 IST
    RBI
    RBI lays down eligibility norms for entities tapping credit bureau data

    The rules say a company must be owned and controlled by resident Indian citizens to become a specified user with…

    By FE Bureau
    January 6, 2022 08:22 IST
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    Can DMart’s 15% jump in store additions fuel 18% upside? Analysts weigh in

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    ‘Except Pakistan, all our neighbours are happy with us,’ says Taliban Foreign Minister Muttaqi

    Demerger, debt, and doubt: Tata Motors at crossroads

    cyber financial scam

    Warning: Over 60% of Indian Finfluencers are hiding the truth. Are you a victim?

    hospital stocks of india

    Warren Buffetts of India and DIIs hoarding these hospital stocks – Healthcare rally coming up?

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