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Zuckerberg loses $7 bn in hours as Facebook crash takes down firm's stock

Zuckerberg loses $7 bn in hours as Facebook crash takes down firm's stock

Mark Zuckerberg’s personal wealth has fallen by nearly $7 billion in a few hours, knocking him down a notch on the list of the world’s richest people, after a whistleblower came forward and outages took Facebook Inc.’s flagship products offline.

A selloff sent the social-media giant’s stock plummeting around 5% on Monday, adding to a drop of about 15% since mid-September.

India asks Coal India to invest in electric vehicles, charging pods

India asks Coal India to invest in electric vehicles, charging pods

India's coal ministry has asked state-run Coal India to diversify its interests to areas such as electric vehicles and charging stations, according to an agenda document on the ministry's website.

Coal India must diversify its business and must explore prospects in sunrise industries electric charging pods, electric vehicles etc, the coal ministry said in a document titled Ministry of Coal's agenda for 2021-22.

Lakhimpur Kheri violence: Rakesh Tikait demands sacking of MoS Ajay Mishra

Lakhimpur Kheri violence: Rakesh Tikait demands sacking of MoS Ajay Mishra

Bharatiya Kisan Union (BKU) leader Rakesh Tikait on Monday demanded that Minister of State for Home Ajay Mishra be sacked and that his son be arrested in connection with the death of farmers during a protest here.

He also demanded Rs one crore compensation and a government job for the family members of the deceased farmers.

Petrol, diesel price rise on hold after 4 consecutive days of hike

Petrol, diesel price rise on hold after 4 consecutive days of hike

Petrol and diesel prices remained unchanged on Monday after the pump prices of both fuels rose simultaneously for four consecutive days taking up its retail rates by over Rs 1 per litre.

Benchmark crude prices have settled at a tad lower level of $ 79 a barrel now after shooting over a three-year high level of $ 80 a barrel early last week. This has given some room to OMCs to halt fuel price rise.

India records 20,799 fresh Covid-19 cases, active caseload drops to 264,458

India records 20,799 fresh Covid-19 cases, active caseload drops to 264,458

India reported 20,799 new COVID-19 infections and 180 deaths in the last 24 hours, informed the Ministry of Health and Family Welfare on Monday.

India's active caseload stands at 2,64,458 which is the lowest in the last 200 days. The active cases account for less than 1 per cent of total cases, currently at 0.78 per cent, the lowest since March 2020.

FIR registered against Union Minister Ajay Mishra, his son for involvement in Lakhimpur Kheri violence

FIR registered against Union Minister Ajay Mishra, his son for involvement in Lakhimpur Kheri violence

Barely a day after the Lakhimpur Kheri incident, the Uttar Pradesh Police has registered an FIR against Union Minister Ajay Mishra and his son over alleged involvement in the violent clashes yesterday in the area, during which at least eight people have been killed.

After the violent events unfolded in UP’s Lakhimpur Kheri, there were rising demands from farmer leaders, urging the arrest of Union Minister Ajay Mishra and his son for their involvement in the violence. BKU’s Rakesh Tikait and Sanyukt Kisan Morcha asked the UP government to take action against the two repeatedly since yesterday.

6 dead in Lakhimpur Kheri violence, opposition demands action

6 dead in Lakhimpur Kheri violence, opposition demands action

Farmers protest in Uttar Pradesh's Lakhimpur Kheri took a violent turn when an unidentifed person open fired killing six people, 15 were injured on Sunday, October 3. Some farmers were also run over by vehicles killing and injuring many more.

After the incident took place, angry farmers set three jeeps on fire. Allegedly, one of the vehicles is said to belong to Ashish Mishra, son of Union Minister of State for Home, Ajay Mishra Teni.

Gold price today at Rs 46,500 per 10 gm, silver selling at Rs 60,500 a kg

Gold price today at Rs 46,500 per 10 gm, silver selling at Rs 60,500 a kg

Gold (24 carat) is selling at Rs 46,500 per ten gram on Monday in India, up Rs 10 from trade yesterday as fuel prices climb up to record highs and the central bank’s rate-setting committee meets this week.

Silver is selling at Rs 60,500 per kg: unchanged from Sunday’s trading, according to Good Returns website.

Cipla to sell Eli Lilly's insulin products Humalog, Trulicity in India

Cipla to sell Eli Lilly's insulin products Humalog, Trulicity in India

US pharma giant Eli Lilly joined hands with with Mumbai-based Cipla to market its insulin products in India.

The two companies announced a strategic partnership in India to enhance the reach of Lilly’s diabetes products – Humalog (Insulin Lispro) and Trulicity (Dulaglutide).

Yes Bank posts 3.6% growth in advances at Rs 1,72,945 cr in Sep quarter

Yes Bank posts 3.6% growth in advances at Rs 1,72,945 cr in Sep quarter

Private sector lender Yes Bank has posted a 3.6 per cent growth (year-on-year) in advances at Rs 1,72,945 crore for the quarter ended September, 2021 (Q2FY22). Its advances stood at Rs 1,66,923 crore at end of September 2020 (Q2FY21).

The bank said in a filing with BSE that sequentially, advances rose by 5.7 per cent from Rs 1,63,654 crore at the end of June 2021.

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