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Gold price falls Rs 10 to Rs 63,150, silver rises Rs 100 to Rs 75,100

Gold price falls Rs 10 to Rs 63,150, silver rises Rs 100 to Rs 75,100

The price of 24-carat gold fell Rs 10 in early trade on Saturday, with ten grams of the precious metal selling at Rs 63,150, according to the GoodReturns website. The price of silver rose Rs 100, with one kilogram of the precious metal selling at Rs 75,100.

The price of 22-carat gold also declined by Rs 10 with the yellow metal selling at Rs 57,890.

No commitment on setting up fab plant in India, says Intel India MD

No commitment on setting up fab plant in India, says Intel India MD

Intel India Managing Director Santhosh Viswanath said that Intel, at present, does not have any plans of setting up a semiconductor fabrication plant or any manufacturing line for its products. However, he did say that the company will work with partners to enable the manufacturing ecosystem in the country.

Viswanathan said that India has just begun its journey in the manufacturing space and has 'enough runway for growth'.

PM Modi surprises MPs with unexpected lunch at Parliament canteen

PM Modi surprises MPs with unexpected lunch at Parliament canteen

On the penultimate day of the final session of the 17th Lok Sabha, Prime Minister Narendra Modi surprised several MPs cutting across party lines as he invited them for lunch at the Parliament canteen. The chosen MPs—eight of them—sat down for a late afternoon lunch with the PM over a vegetarian meal and plenty of conversation.

The drill began a little earlier in the day when officials from the Prime Minister’s Office (PMO) contacted the MPs, some of them first-time members, without giving away the details.

Bhajan Lal-led Rajasthan government orders transfer of 24 RAS officers

Bhajan Lal-led Rajasthan government orders transfer of 24 RAS officers

The BJP government on Friday issued transfer orders for 24 Rajasthan Administrative Service (RAS) officers, with many of them attached to the office of Chief Minister Bhajanlal Sharma.

RAS officers Anju Rajpal and Omprakash Bunkar were appointed joint secretaries (Chief Minister) whereas Jaiprakash Narayan and Hemendra Nagar were appointed to the post of deputy secretary (Chief Minister).

'RBI plans tokenisation of assets, bonds under wholesale CBDC pilot'

'RBI plans tokenisation of assets, bonds under wholesale CBDC pilot'

The Reserve Bank of India (RBI) is planning tokenisation of assets and government bonds under the wholesale Central Bank Digital Currency (CBDC) pilot project, with the focus being to try the technology and not to generate volumes, said T Rabi Sankar, Deputy Governor.

“We are thinking of trying out tokenisation of assets, government bonds and such, that discussion goes on all aspects.

Max Healthcare acquires Nagpur-based Alexis Hospital for Rs 412 cr

Max Healthcare acquires Nagpur-based Alexis Hospital for Rs 412 cr

Max Healthcare Institute on Friday said it has acquired Nagpur-based Alexis Multi-Speciality Hospital Pvt Ltd. (Alexis) for an enterprise value of Rs 412 crore.

The 200-bed hospital is recognised by Joint Commission International (JCI), a global leader in health care accreditation “The hospital has a built up area of around 2.25 lakh square feet and offers multidisciplinary care in the areas of gastroenterology, neurosurgery, cardiology, transplants and related diagnostic facilities,” said Max Healthcare in a filing with the BSE.

Former PMs Narasimha Rao, Charan Singh, M S Swaminathan to get Bharat Ratna

Former PMs Narasimha Rao, Charan Singh, M S Swaminathan to get Bharat Ratna

Former prime ministers P V Narasimha Rao and Chaudhary Charan Singh as well as agriculture scientist M S Swaminathan will be honoured with the Bharat Ratna, Prime Minister Narendra Modi announced on Friday.

The government had earlier announced the country's highest civilian honour for L K Advani and Karpoori Thakur.

British American Tobacco 'actively' looking to monetise ITC stake

British American Tobacco 'actively' looking to monetise ITC stake

British American Tobacco plc (BAT plc) is “actively” working on monetising some of its shareholding in the diversified ITC, but will keep a level of “influence” in the Kolkata-headquartered firm.

BAT is the largest shareholder in the cigarettes-to-hotel major with a holding of 29.03 per cent, worth Rs 1.5 trillion.

Land-for-job case: Delhi court grants bail to Rabri Devi, 2 daughters

Land-for-job case: Delhi court grants bail to Rabri Devi, 2 daughters

A Delhi court on Friday granted interim bail to former Bihar chief minister Rabri Devi and daughters Misa Bharti and Hema Yadav till February 28 in the Railways land-for-job case.

Special Judge Vishal Gogne granted relief to the three after the ED claimed that it needed time to file arguments on their regular bail application.

Biocon Biologics partners with Sandoz Australia to sell cancer drugs

Biocon Biologics partners with Sandoz Australia to sell cancer drugs

Biocon Biologics has announced a five-year partnership with Sandoz Australia to market its products Ogivri, (biosimilar Trastuzumab) and Fulphila, (biosimilar Pegfilgrastim) in Australia. Both are cancer products.

This partnership will provide Sandoz the exclusive rights to promote, sell, and distribute biosimilar Trastuzumab and biosimilar Bevacizumab in Australia.

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