India recorded 8,488 new coronavirus infections, the lowest in 538 days, taking the country's total tally of COVID-19 cases to 3,45,18,901, while the active cases declined to 1,18,443, according to the Union Health Ministry data updated on Monday.

The death toll climbed to 4,65,911 with 249 fresh fatalities, according to the data updated at 8 am.

Shares of Reliance Industries were down 4 per cent at Rs 2,368.20 on the BSE in Monday’s intra-day trade after the company called-off the deal with global oil giant Saudi Aramco for a 20 per cent stake acquisition by the Saudi firm in the oil to chemicals (O2C) business of the former company. RIL made announcements on Friday after the market hours.

With today’s intra-day fall, the stock of RIL has declined 14 per cent from its record high level of Rs 2,750 touched on October 19, 2021.

Shares of Bharti Airtel hit a new high of Rs 756, up 6 per cent on the BSE in Monday's intra-day trade, after the telecom services provider increased its tariffs for telecom subscribers for a range of services effective November 26. The decision, the company said, was for a "financially healthy business model". The company hiked prepaid tariff by 20-25 per cent and data top-up plans by 20-21 per cent.

The stock surpassed its previous high of Rs 746 hit on November 15, 2021.

The price of 10 gram of 24-carat gold on Monday increased by Rs 10 from Sunday's trading price to Rs 49,280. The price of 10 gram of 22-carat gold on Monday is Rs 48,280. The price of silver remain unchanged and was trading at Rs 65,00 for 1 kg.

In Delhi, the rate of 10 gram of 24-carat gold stands at Rs 52,240 meanwhile in Mumbai the yellow metal's price stands at Rs 49,280. The price of 10 gram of 22-carat gold in Delhi and Mumbai is at Rs 47,890 and Rs 48,280 respectively.

Delhi's air was severely polluted on Monday" a day after the state government extended the ban on entry of trucks carrying non-essential items into the national capital and work from home for its staff till November 26.

The national capital's Air Quality Index (AQI) was 352 --'very poor'-- at 8 am, according to the state-run System of Air Quality and Weather Forecasting And Research (SAFAR). Readings below 50 are considered safe, while anything above 300 is considered hazardous or 'severe'.

In Andhra Pradesh, hundreds of vehicles and people were stranded, traffic was either closed or suspended in arterial highways and over 100 trains cancelled snapping rail-road link between southern and other parts of the country on Sunday as the Penna river in spate caused heavy destruction.

The death toll in rain-related incidents in different districts of Andhra Pradesh touched 33 as more bodies were retrieved from the flooded streams and at least 12 people were reported missing.

Crude oil fell to seven-week lows on Monday, extending declines after the previous session's slide, on concerns about excess supply after Japan said it was weighing releasing oil reserves and over demand from a worsening COVID-19 situation in Europe.

Brent lost 57 cents, or 0.72%, to $78.32 a barrel as of 0206 GMT and U.S. West Texas Intermediate (WTI) crude futures were down 39 cents, or 0.51%, at $75.55 a barrel.

One97 Communications, the parent company of fintech firm Paytm, reported that its gross merchandise value (GMV) for the month of October touched Rs 832 billion (around $11.2 billion), a growth of 131 per cent on a year-on-year (y-o-y) basis. The company was listed on the Indian bourses last week.

The company, in a disclosure to the exchanges, said that the growth was driven by the festive season and an increase in number of merchants and consumers, adoption of new products, transactions for both online and in-store merchants, and in deployed devices.

Bharti Airtel on Monday increased its tariffs for telecom subscribers for a range of services effective November 26, saying the decision was for a financially healthy business model.

The company hiked prepaid tariff by 20-25 per cent and data top-up plans by 20-21 per cent.

Drug firm Zydus Cadila on Saturday said it has received approval from the US health regulator to market Decitabine injection, used to treat certain types of cancers, in the American market.

The company has received final approval from the US Food and Drug Administration (USFDA) to Decitabine for Injection in the strength of 50 mg/vial single-dose vial, Zydus Cadila said in a statement.

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