Markets view the rally in Brent oil prices, triggered by geopolitical tensions, as a threat to the improvement in India's FY20 current account deficit and forecasts for a balance of payment surplus, according to a report.

Downbeat sentiments saw USD-INR exchange rate test past 72 to two-month high, while the benchmark equity indices witnessed mayhem on Monday, said a report by Singapore's banking group DBS.

Against the backdrop of attack on JNU students, the Shiv Sena on Tuesday hit out at Prime Minister Narendra Modi and Union Home Minister Amit Shah, alleging that what they wanted was happening, and said such brutal politics was never seen before in the country.

An editorial in Shiv Sena mouthpiece 'Saamana' further alleged that the BJP wanted to see Hindu-Muslim riots over the Citizenship Amendment Act, but that did not happen.

Adani Ports and Special Economic Zone (APSEZ) has sufficient financial headroom to absorb its proposed acquisition in Krishnapatnam Port Company (KPCL), S&P Global Ratings has said.

APSEZ's strong financial performance and flexibility in adjusting capital expenditure (capex) and dividends, and earnings contribution from Krishnapatnam will allow it to maintain its leverage within our rating threshold, the ratings agency said in a statement.

Shares of Jet Airways (India) were locked in 5 per cent upper circuit for the sixth straight day at Rs 37.65 on the BSE on Tuesday amid reports that South America-based Synergy Group has submitted a new expression of interest (EOI) for the beleaguered airline. The stock was trading at its highest level since September 17, 2019.

With today’s gain, the stock price of Jet Airways (India) has more-than-doubled, up 105 per cent in less than four weeks, from the level of Rs 18.40, hit on December 11, 2019.

The Supreme Court on Tuesday rejected a plea that challenged a tribunal order asking the government to refund around Rs 104 crore to Reliance Communication, the defunct telecom company.

We don't find any merits in the appeal, said a bench of justices R F Nariman and S Ravindra Bhat about the government’s plea.

The Managing Director of Muthoot Finance company was injured after miscreants allegedly pelted his vehicle with stones here on Tuesday morning.

George Alexander Muthoot, who suffered head injury has been admitted to a private hospital, police said.

The air quality in the Delhi and its adjoining areas is docking at 314, according to government-run System of Air Quality and Weather Forecasting And Research (SAFAR).

The AQI was the highest in Mathura Road at 338, followed by IGI Airport (T3) at 328, Delhi University at 317, Dhirpur at 316, Ayanagar at 310, Chandni Chowk and Lodhi Road at 309, IIT-Delhi at 302, and Pusa at 272. The AQI in Noida stood at 354 and Gurugram at 317.

Delhi Assembly Elections dates have been announced by the Election Commission of India (ECI). The people of the national capital will vote for a new chief minister on February 8 and the results will be declared on February 11.

The announcement was made on Monday by Chief Electoral Officer (CEO) Sunil Arora. With the announcement of Delhi election dates, the Model Code of Conduct will come into force with immediate effect.

Shares of HDFC Bank climbed 2.5 per cent to Rs 1272 apiece on the BSE on Tuesday after the largest private sector lender reported strong business growth in the December quarter (Q3FY20).

The bank’s total advances grew by 20 per cent year on year (YoY) to Rs 9.34 trillion in Q3FY20, driven by festive season demand. Total advances stood at Rs 7.81 trillion in Q3FY19 and at Rs 8.97 trillion in September 2019 quarter (Q2FY20).

Shares of sugar companies were in demand on Tuesday with Balrampur Chini Mills, EID Parry (India) and Dwarikesh Sugar Industries hitting their respective 52-week highs on the BSE. The sugar companies are expected to report a strong operational performance, driven by higher sugar realizations and lower costs.

Balrampur Chini Mills rallied 7 per cent to Rs 194 on the BSE in early morning trade today, and was trading at its highest level since May 2006. It had hit an all-time high of Rs 205 on April 2006.

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