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HUL stock hits 52-week high in a weak market amid demand recovery hopes

HUL stock hits 52-week high in a weak market amid demand recovery hopes

Shares of Hindustan Unilever hit a fresh 52-week high of Rs 2,522.25, up nearly 2 per cent on the BSE, in intra-day trade on Monday after the management said the outlook from June’21 onwards is likely to stay positive, barring the emergence of a third Covid-19 wave.

The stock of the fast moving consumer goods (FMCG) giant, which was trading higher for the fifth straight day, surpassed its previous high of Rs 2,504.30, touched on April 13, 2021. It had hit a record high of Rs 2,614 on April 8, 2020. In the past one week, it has gained 6 per cent as compared to a per cent decline in the S&P BSE Sensex.

Gold price today at Rs 46,220 per 10 gm, silver trending at Rs 67,600 a kg

Gold price today at Rs 46,220 per 10 gm, silver trending at Rs 67,600 a kg

The price for 22-carat gold on Monday slid to Rs 46,220 for 10 gm from Rs 47,350 on Friday. Silver tanked to Rs 67,600 per kg, according to the Good Returns website.

Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes.

India records 53,256 Covid-19 cases in 24 hours, lowest since March 24

India records 53,256 Covid-19 cases in 24 hours, lowest since March 24

The Covid-19 cases in India continued to witness a declining trend with the country recording 53,256 new cases, lowest since March 24. In the same time span, 1,422 fatalities were reported, according to data released by the Union Health and Family Welfare Ministry on Monday.

This is the fourth consecutive day in the last two months when the death toll is below the 2,000-mark. It is also the 14th consecutive day when India has reported less than one lakh new coronavirus cases.

Yoga can be extremely helpful during Covid-19: President Ram Nath Kovind

Yoga can be extremely helpful during Covid-19: President Ram Nath Kovind

President Ram Nath Kovind on Monday greeted citizens on the International Yoga Day and said it can be extremely helpful during Covid.

He said yoga is one of India's greatest gifts to the world.

The International Yoga Day is celebrated with much fervour every year on June 21.

Telangana Cabinet to meet today, to take call on Covid-19 lockdown

Telangana Cabinet to meet today, to take call on Covid-19 lockdown

The Telangana Cabinet is scheduled to meet on Saturday to discuss key issues, including the ongoing COVID-19 lockdown, and the effect of monsoon on agriculture.

An emergency State Cabinet meeting will be held here at Pragati Bhavan on Saturday at 2 pm under the chairmanship of Chief Minister K Chandrasekhar Rao, a state government's release said on Friday.

India records 60,753 fresh Covid-19 cases; 1,647 deaths in last 24 hours

India records 60,753 fresh Covid-19 cases; 1,647 deaths in last 24 hours

With 60,753 new Covid cases being reported in a day, India's total tally rose to 2,98,23,546, while the number of active cases stand at 7,60,019, the lowest in 74 days, according to Union health ministry data updated on Saturday.

The death toll climbed to 3,85,137 with 1,647 fresh fatalities and active cases comprise 2.55 per cent of the total infections, while the national COVID-19 recovery rate has improved to 96.16 per cent, the data updated at 8 am showed.

WHO working with AstraZeneca, SII, Indian govt to restart vax shipment

WHO working with AstraZeneca, SII, Indian govt to restart vax shipment

The WHO is urgently trying to work with AstraZeneca, Serum Institute of India (SII) as well as the Indian government to restart shipments of COVID-19 vaccines to countries that had to suspend the rollout of second doses of vaccines amid the disruption in supplies, a senior official at the UN health agency has said.

We have a huge number of countries that have had to suspend rollout of their second doses of vaccines, Bruce Aylward, Senior Advisor to World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus, said on Friday at a press briefing.

30 to 40 countries unable to give second Covid-19 shots: WHO official

30 to 40 countries unable to give second Covid-19 shots: WHO official

Between 30 to 40 countries are unable to provide second doses of a Covid-19 vaccine, especially those expecting jabs from AstraZeneca, officials of the World Health Organization (WHO) said.

We have a huge number of countries currently that have had to suspend the rollout of their second doses of vaccine, Xinhua news agency quoted Bruce Aylward, Senior Advisor to the WHO Director-General on Organizational Change, as saying on Friday.

BharatPe in talks to raise $250 mn led by Tiger Global, says Report

BharatPe in talks to raise $250 mn led by Tiger Global, says Report

Fintech major BharatPe, that hit a new high with 106 million monthly transactions in UPI in March this year, is reportedly raising nearly $250 million in its next funding round led by Tiger Global.

TechCrunch on Friday reported, citing sources, that the fresh funding will take the company's valuation to about $2.5 billion.

GMR Infra Q4 loss lowers to Rs 725 crore; gross revenue at Rs 2,321 Cr

GMR Infra Q4 loss lowers to Rs 725 crore; gross revenue at Rs 2,321 Cr

Diversified conglomerate GMR Infrastucture has posted a consolidated loss of Rs 725 crore for the January to March quarter as compared to a loss of Rs 1,127 crore in the year-ago period.

It posted gross revenue of Rs 2,321 crore in Q4 FY21 as against Rs 2,349 crore in Q4 FY20.

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