Gold prices today fell to Rs 53,350 from Rs 53,790 per 10 gm, while silver was trending at Rs 60,700 per kg, according to the Good Returns website.

Gold jewellery prices vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.

An expert panel at the Central Drugs Standard Control Organisation (CDSCO) has asked Dr Reddy's Laboratories to submit a revised protocol for conducting both phase 2 and phase 3 human clinical trials for the Russian vaccine against COVID-19, Sputnik V, in India, sources said Monday.

The Hyderabad-based pharmaceutical company had applied to the Drugs Controller General of India (DCGI) late last week, seeking permission to conduct phase-3 human clinical trials of the Russian vaccine.

US Centers for Disease Control and Prevention (CDC) in an updated guidance on Monday said Covid-19 can spread through airborne transmission, a month after it took down a similar warning.

It said some people could get infected by exposure to the novel coronavirus in small droplets and particles, or aerosols, that can linger in the air for minutes to hours. (https://bit.ly/3ndJxIi) Aerosols lingering in the air could be a major source of Covid-19 transmission, a group of US scientists warned in an unrelated open letter published in medical journal Science on Monday.

US President Donald Trump returned to the White House Monday night after spending four days at a military hospital where he was treated for coronavirus.

Trump, 77, looked healthy. Showing his fitness, Trump in an unusual decision climbed up the South Portico stairs, instead of the elevators, to go to his residence. He waived at reporters.

Private sector lender YES Bank expects to bring down credit-to-deposit (C/D) ratio to below 100 per cent by March 2021, from the current levels of 122 per cent in order to bring a balance in the asset-liability equation. The C/D ratio was 122.9 per cent in September, down from 140.2 per cent in June. It was at 162.7 per cent in March.

Bank officials said while it was possible to bring down the ratio below 100 per cent much earlier, YES Bank, too, has to look at interest earning for which credit expansion is equally important.

SpiceJet on Monday said it would operate non-stop flights connecting Delhi and Mumbai with London from December 4. The airline will become the first Indian low-cost carrier to operate flights to the UK. At present, Air India and Tata group-owned Vistara, both full-service carriers, fly to Heathrow airport. While the return fare for economy class has been fixed at Rs 53,555, for business class it would be Rs 1,47,627 for Delhi, and Rs 1,53,383 for Mumbai.

Stressing on the significance of artificial intelligence (AI) and India's growing role in the segment, Prime Minister Narendra Modi on Monday cautioned against weaponisation of AI by "non-state actors" at RAISE 2020.

In his address at the inaugural session of RAISE 2020, a virtual summit on AI, Modi said that using AI properly remains a collective responsibility.

The Supreme Court on Tuesday will hear a PIL seeking a CBI probe or an SIT investigation under a sitting or former Supreme Court or a High Court judge in the gruesome gang-rape and murder of a 19-year-old Dalit woman in Uttar Pradesh's Hathras district.

A bench, headed by Chief Justice SA Bobde and comprising Justices AS Bopanna and V Ramasubramanian will take up the PIL filed by social activist Satyama Dubey and advocates Vishal Thakre and Rudra Pratap Yadav.

The crucial meeting of the Goods and Services Tax Council (GST Council) was held today under the chairmanship of Finance Minister Nirmala Sitharaman. The meeting was organised through video conferencing where the Centre and the state governments brainstormed on the issue of GST compensation.

However, there was no consensus among the states on several issues in the meeting. The council's next meeting will be held on October 12 for further discussion on the reduction in collections and compensation to states.

Rajasthan Chief Minister Ashok Gehlot Sunday attacked the BJP for a hurried late nigh cremation of the 19-year-old Hathras woman, who had died after allegedly being gang-raped and brutalised, terming it heartbreaking.

The cremation of the girl was conducted at 2 am at Hathras. This is heartbreaking and will be there forever in the memory of the entire country, Gehlot said.

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