A 5-member delegation of the Congress Party led by Rahul Gandhi is likely to visit Uttar Pradesh's Lakhimpur Kheri on Wednesday to meet families of victims killed in a violent incident on Sunday, sources said.

However, the Uttar Pradesh government denied permission to the Congress delegation in the wake of Section 144 of the Criminal Procedure Code (CrPC) that has been imposed in Lucknow.

Being bullish on 5G services in India, Bharti Airtel on Tuesday said the company was now gearing up to test them on the millimetre band.

The band is considered suitable for next-generation 5G services even as the Telecom Regulatory Authority of India (Trai) is yet to discover the price of these bands. Our next round of trials should be on the millimetre wave, Bharti Airtel Chief Technology Officer Randeep Singh Sekhon said during a media interaction.

Oil and Natural Gas Corporation (ONGC) has regained its Rs 2-trillion market capitalisation (market-cap) mark as the stock rallied another 8 per cent to Rs 159.75 on the BSE in Tuesday’s intra-day trade on the back of higher crude oil prices. The stock of the state-owned oil exploration & production (E&P) company was trading at its highest level since November 2018.

The rising domestic gas supply and improvement in oil and gas realisation should drive upstream companies' earnings growth and valuations.

Facebook has apologised for an outage that lasted almost ten hours, blaming a configuration change to routers for causing its apps to crashing.

Our engineering teams have learned that configuration changes on the backbone routers that coordinate network traffic between our data centers caused issues that interrupted this communication. This disruption to network traffic had a cascading effect on the way our data centers communicate, bringing our services to a halt, said Santosh Janardhan, Vice President Infrastructure at Facebook, in a blog post.

Shares of Srei Infrastructure Finance were locked in the lower circuit filter of 5 per cent at Rs 8.17 on the BSE in Tuesday's session after the Reserve Bank of India (RBI) on Monday superseded the board of the company, which will be taken for insolvency proceedings owing to governance concern and payment defaults by them.

The stock of the non-banking finance company (NBFC) has slipped 56 per cent from its 52-week high level of Rs 18.39 touched on June 23, 2021. It had hit a 52-week low of Rs 5.01 on March 31, 2021.

Shares of power companies continued to march higher with the S&P BSE Power index hitting a fresh 10-year high on Tuesday on strong demand outlook. At 10:00 am; the S&P BSE Power index was up 1.5 per cent, when compared to 0.21 per cent decline in the S&P BSE Sensex.

The power index hit an intra-day high of 3,345.64, its highest level since October 2010.

The Amsterdam-based European Medicines Agency (EMA) has approved booster doses of the Pfizer/BioNTech Covid-19 vaccine for all people aged 18 and over.

The EMA said in a statement on Monday that data for the vaccine had shown a rise in antibody levels when a booster shot is administered approximately six months after the second dose in people aged 18 to 55, reports Xinhua news agency.

A group of protesting farmers blocked Delhi-Amritsar national highway at Shambhu toll plaza late on Monday following the detention of Bharatiya Kisan Union (BKU) chief Gurnam Singh Chaduni.

Chaduni was detained on Monday, while he was on his way to Lakhimpur Kheri.

India recorded 18,346 fresh COVID-19 infections in the last 24 hours, the lowest in over 6 months, the Union Health Ministry informed on Tuesday.

With this, the active caseload of the country stands at 2,52,902; accounting for less than 1 per cent of the total cases.

As per the ministry, the recovery rate of India is at its highest since March 2020 and currently stands at 97.93 per cent.

The Punjab Cabinet on Monday observed a two-minute silence to pay homage to four farmers who lost their lives in the Lakhimpur Kheri incident in Uttar Pradesh.

The Cabinet, led by Chief Minister Charanjit Singh Channi prayed to the Almighty to give courage to the bereaved families to bear this irreparable loss in this hour of grief and grant eternal peace to the departed souls, the Punjab government said in an official statement.

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