After Andhra Pradesh and Madhya Pradesh, Telengana has become the third state to complete urban local bodies reforms stipulated by the Union finance ministry.

With the completion of the reforms, the ministry has allowed the state to make additional borrowing of Rs 2,508 crore.

Gold price today fell to Rs 54,650 from Rs 54,700, while silver price was trending at Rs 71,400 per kg, according to the Good Returns website.

Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes.

Shares of Larsen & Toubro were up 2.5 per cent at Rs 1,347 on the BSE in the intra-day trade on Thursday, having rallied over 50 per cent in the past three months, on the back of strong order flows.

The stock of construction & engineering major was trading close to its 52-week high of Rs 1,384, touched on February 1, 2020. In the past three months, L&T has outperformed the market by surging 51 per cent, as against a 21-per cent rise in the S&P BSE Sensex.

The rupee appreciated 3 paise to 73.08 against the US dollar in opening trade on Thursday, tracking positive domestic equities and weak American currency.

At the interbank forex market, the domestic unit opened at 73.10 against the US dollar and inched higher to 73.08 against the greenback, registering a rise of just 3 paise over its previous close.

The daughter of US President Donald Trump, Ivanka, has deleted a tweet in which she referred to the mob of Trump’s supporters violently rioting at the US Capitol building as ‘patriots’.

On Wednesday, rioters supporting outgoing US President Trump broke through security barricades and clashed with police to enter the Capitol Building in an effort to reject president-elect Joe Biden’s win, the president’s daughter tweeted: American Patriots – any security breach or disrespect to our law enforcement is unacceptable. The violence must stop immediately. Please be peaceful.

At least four people died on the US Capitol grounds Wednesday and 52 people have been arrested, Metropolitan Police Department Chief Robert J Contee said Wednesday evening, after supporters of President Donald Trump stormed the Capitol in an unprecedented effort to stop Congress from certifying President-elect Joe Biden's election victory.

In a late-night news conference, Contee said that 47 of the 52 arrests to date were related to violations of Mayor Muriel Bowser's 6 p.m. curfew, with 26 of those involving people arrested on US Capitol grounds.

Petrol prices have breached all-time high levels in the new year as rising global oil prices pushed fuel marketing companies to raise the pump price of auto fuels for the second time this year on Thursday.

Accordingly, petrol prices in Delhi increased by 23 paise a litre on Thursday, the second successive day of fuel price rise, to Rs 84.20 a litre from Rs 83.97 on the previous day. This is the highest level of retail price of petrol in the national capital after October 4, 2018, when its price had risen to Rs 84 a litre.

Sourav Ganguly, the BCCI president, who suffered a mild cardiac arrest on January 2nd, has been discharged from hospital and he was seen to be in fine shape. Sourav Ganguly was accompanied by his wife Dona and the duo greeted supporters outside who had gathered to enquire about the well being of Sourav Ganguly. Ganguly was admitted to Woodlands hospital after he had a mild cardiac arrest.

A woman was killed in gunfire inside Capitol building after President Donald Trump's supporters stormed the building to disrupt the democratic functioning of Congress as it was in the middle of ratifying the election of Joe Biden as President and Kamala Harris as Vice President.

The woman was not identified as of Tuesday evening.

The auctions for IPL 2021 is likely to be held on February 11, with the BCCI giving a deadline of January 20 to the franchises to submit their list of retained and released players. This will not be the mega-auction as the BCCI Annual General Meeting (AGM) had stated that two new teams will come into the Indian Premier League for the 2022 edition of the tournament. The announcement meant that the mega-auction will likely take place before the 2022 edition.

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