Prime Minister Narendra Modi on Friday asserted that neither Chinese troops are inside the India territory nor any of the Indian posts has been captured by them, as he held an all-party meeting where leaders across political spectrum displayed a united front on the matter of national security.

Modi said that 20 brave soldiers who laid down their lives in the violent clash with Chinese troops in Galwan Valley of Ladakh, "taught a lesson to those who dared to look towards our motherland".

Fuel prices in Delhi were hiked by the oil marketing companies for the 14th day in a row. From now on, petrol and diesel will cost Rs 78.88/litre and Rs 77.67/litre respectively in Delhi.

The price of petrol is increased by 55 paise (from Rs 78.37/litre) a litre while that of diesel by 63 paise (from Rs 77.06/litre) a litre.

The all-party meeting convened by Prime Minister Narendra Modi to discuss the situation in India-China border areas saw most political parties backing government`s stand against China with Congress President Sonia Gandhi seeking details of intrusion.

Sources said that Nationalist Congress Party (NCP) chief and former Defence Minister Sharad Pawar said that issues of whether soldiers carried arms or not are decided by international agreements and we need to respect such sensitive matters.

Indian house prices will fall for the first time in at least a decade this year and next as the coronavirus pandemic leads to mass job losses and hammers demand and the economic outlook, a Reuters poll showed.

The Indian property market was being hobbled by a cash crunch even before the coronavirus outbreak, which has already infected more than 350,000 in the world's second most populous country.

Private sector lender ICICI Bank on Friday sold 3.96 per cent stake in its general insurance arm ICICI Lombard for Rs 2,250 crore. This was done to strengthen the bank’s balance sheet in light of the pandemic that is expected to worsen the bad loans problem of the banks.

Petrol price on Friday was hiked by 56 paise per litre and diesel by 63 paise a litre, taking the cumulative increase in rates to Rs 7.11 and Rs 7.67 per litre respectively in less than two weeks.

Petrol price in Delhi was hiked to Rs 78.37 per litre from Rs 77.81, while diesel rates were increased to Rs 77.06 a litre from Rs 76.43, according to a price notification of state oil marketing companies.

Drug major Glenmark Pharmaceuticals on Friday said it has received final nod from the health regulator for Fingolimod capsules.

The capsules are used in the treatment of adult patients with relapsing forms of multiple sclerosis.

Reliance Industries is net debt-free after raising a record Rs 1.69 lakh crore from global investors and a rights issue in almost two months, said group chairman Mukesh Ambani in a statement on Friday.

The statement came after Reliance said on Thursday Saudi Arabia’s Public Investment Fund will buy a 2.32 per cent stake in its digital unit Jio Platforms for Rs 11,367 crore.

In the first investment by any private equity fund manager in real estate post the lockdown, HDFC Capital Advisors, part of HDFC, has invested in a mid-income housing project in Mumbai.

HDFC Capital invested Rs 275 crore in the project of Kalpataru in Kandivali area of Mumbai, sources in the know said. The project has total area of 1 million sq ft.

Ten Indian soldiers, including four officers, were released by the Chinese Army after a hectic round of negotiations at the Major General-level talks between the two sides in the Galwan valley.

The officers and jawans were held by the Chinese after the violent face-off between the two countries on June 15-16 where 20 Indian troops, including a colonel, lost their lives.

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