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Gold price declines Rs 430 to Rs 60,430, silver dips Rs 300 at Rs 76,300

Gold price declines Rs 430 to Rs 60,430, silver dips Rs 300 at Rs 76,300

Gold price fell Rs 430 from yesterday's during Tuesday's early trade with 10 grams of 24-carat gold trading at Rs 60,430, according to the GoodReturns website. Meanwhile, silver prices declined Rs 300, with 1 kg of the precious metal selling at Rs 76,300.
The price of ten grams of 22-carat gold fell by Rs 390 to Rs 55,400.

The price of ten grams of 24-carat gold in Mumbai is at par with the price of gold in Kolkata and Hyderabad, at Rs 60,430.

Adani Electricity Mumbai tops on governance among power firms in India

Adani Electricity Mumbai tops on governance among power firms in India

The Adani Electricity Mumbai (AEML) has topped the list of power distribution companies (discoms) in the latest ranking released by the power ministry, ending the decade-old domination of discoms of Gujarat.

In the 11th ‘Annual Integrated Rating & Ranking’ of power discoms, the AEML secured top rank with Grade A+ and the highest integrated score of 99.6 of 100.

Reliance, Jindal Power among 49 companies to submit EoIs for Future Retail

Reliance, Jindal Power among 49 companies to submit EoIs for Future Retail

As many as 49 players including Reliance Retail, Jindal Power Ltd and Adani group have submitted Expression of Interest (EoI) for acquiring the assets of debt-ridden Future Retail, which is currently going through insolvency resolution process.

Reliance Retail Ventures Ltd, which is the holding company for retail operations of RIL and April Moon Retail Private Ltd, a joint venture between Adani Airport holdings and Flemingo group have again submitted their EOI, after the lenders of Future Retail decided to invite fresh bids after dividing FRL's assets into clusters.

Maharashtra: 7 dead, 23 injured after massive 100-year-old tree falls in Akola temple

Maharashtra: 7 dead, 23 injured after massive 100-year-old tree falls in Akola temple

Seven persons were killed and 23 others injured when a tree fell on a tin shed under which people were standing in a temple premises after heavy wind and rains in Maharashtra's Akola district, local administration said on Monday.

The incident took place at around 7.30 pm on Sunday at Babuji Maharaj temple located in Paras village under Balapur taluka when the people had gathered for the 'maha aarti', they said.

Oil & Gas shares in focus: MGL hits 52-week high; ONGC, IGL jump up to 3%

Oil & Gas shares in focus: MGL hits 52-week high; ONGC, IGL jump up to 3%

Shares of oil & gas companies were in focus and trading higher by up to 4 per cent on the BSE in Monday’s intra-day trade after the Government of India accepted several key recommendations made by the Kirit Parikh Committee with respect to the pricing of natural gas produced from the administered pricing mechanism (APM) fields, that are legacy fields and largely held by PSUs like ONGC.

Going forward, natural gas produced from legacy fields will be priced at 10 per cent of the Indian crude basket’s price, subject to dynamic floor and ceiling prices.

Jio Platforms gets Rs 350 crore deal to run NIC's cloud services for 5 yrs

Jio Platforms gets Rs 350 crore deal to run NIC's cloud services for 5 yrs

The Jio Platforms has secured a Rs 350-crore contract to manage and improve the cloud services of Centre's National Informatics Centre (NIC) for five years for onsite maintenance, according to the Economic Times.

NIC, which falls under the Ministry of Electronics and Information Technology (MeitY), is the government of India's technology partner. Established in 1976, NIC's objective is to provide technology-driven solutions to Central and State Governments

Tata Group set to takeover of Wistron's iPhone plant in Bengaluru

Tata Group set to takeover of Wistron's iPhone plant in Bengaluru

India set to get its first homegrown production line for Apple products as Tata Group is likely to complete its takeover of Wistron's iPhone plant by April end, the Business Line reported.

Once the takeover of the Begaluru-based plant is completed it will become the country's first homegrown production line for Apple products.

Elon Musk’s Twitter labels BBC as ‘government-funded media’

Elon Musk’s Twitter labels BBC as ‘government-funded media’

Elon Musk has sparked a row with the BBC after labelling the broadcaster as a "government-funded media" organisation, however, Britain`s national broadcaster was quick to push back against the categorization, reported CNN.

The label now appears on outlets that receive some government funding, including BBC, PBS, NPR and Voice of America. However, it does not appear on other government-backed outlets, such as Canada`s CBC or Qatar`s Al Jazeera.

Adani Total Gas cuts CNG prices by ₹8.13/kg, PNG by ₹5.06/scm

Adani Total Gas cuts CNG prices by ₹8.13/kg, PNG by ₹5.06/scm

Adani Total Gas Ltd (ATGL), part of billionaire Gautam Adani’s group of companies, on Saturday reduced prices of compressed natural gas (CNG) by ₹8.13 per kg and those of piped natural gas (PNG) by ₹5.06 per standard cubic metre (scm).The new prices are effective as of today.

This comes a day after the Union Cabinet announced new gas pricing guidelines for the bulk of domestically-produced natural gas by state-run explorers.

Targeting Adani, demand of JPC worthless, says Pawar on Hindenburg report

Targeting Adani, demand of JPC worthless, says Pawar on Hindenburg report

Both houses of Parliament adjourned sine die, marking a near-washout of the Budget session. One of the major issues that stalled the working of the Houses was the Opposition's high-pitched demand for a joint parliamentary committee (JPC) to investigate the business affairs of a top Indian conglomerate, Adani Group, and alleged its links with the government.

In an exclusive interview with NDTV, Nationalist Congress Party (NCP) chief and veteran politician Sharad Pawar held a difference in opinion with the Opposition.

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