India produced 179 more super-rich people this year led by Adani Group's Gautam Adani who amassed a whopping wealth of Rs 3.65 trillion or more than Rs 1,000 crore daily, and the number of such individuals has crossed the 1,000-mark.

Geographically, five more cities are home to super-rich taking the total number of super-rich cities to 119 and these 1,007 individuals cumulatively added 51 per cent more wealth in 2021.

The State Bank of India has rejected Andhra Pradesh government's Rs 6,500 crore 'overdraft' for implementing the Centrally Sponsored Schemes (CSS) in the state.

With its coffers completely dry, the state government sought the overdraft to be used as working capital by five nodal implementing agencies against securitisation of fund balances available in the Single Nodal Accounts (SNA).

State-run power giant NTPC on Thursday said its arm NTPC Renewable Energy Ltd (NTPC REL) has signed the first green term loan agreement of Rs 500 crore with Bank of India.

The green term loan agreement is for its two solar projects in Rajasthan and Gujarat.

The Supreme Court collegium, headed by Chief Justice of India (CJI) N V Ramana, has recommended 16 names for elevation as judges of the high courts of Bombay, Gujarat, Orissa and Punjab and Haryana.

In its meeting held on Wednesday, the collegium approved the proposal for elevation of 16 names -- six judicial officers and 10 advocates as judges of these four high courts.

Patna police have raided a plasma diagnostic lab and seized a large number of fake RT-PCR Covid-19 reports, police said.

The officials of health department and a team of Shastri Nagar police station raided the lab in Raja Bazaar on Wednesday evening after a complaint was lodged by the airport authority of Patna.

A decision on Bharat Biotech's submission seeking emergency use listing (EUL) for its Covaxin COVID-19 vaccine will be made in October, the World Health Organisation has said.

The status of assessment for Covaxin is ongoing. Bharat Biotech had submitted EOI (Expression of Interest) on April 19 for its vaccine.

India recorded a single-day rise of 23,529 COVID-19 cases on Thursday, taking its infection tally to 3,37,39,980, while the count of active cases dipped to 2,77,020, the lowest in 195 days, according to Union Health Ministry data.

The death toll due to the disease has climbed to 4,48,062 with 311 daily fatalities being recorded, according to the data updated at 8 am.

The pharmaceutical company AstraZeneca will file a request for approval of its novel coronavirus vaccine in the US later this year, the company said in a statement.

Earlier this year, concerns emerged over the side effects of the AstraZeneca vaccine due to very rare cases of blood-clotting after vaccination. After some nations temporarily suspended the use of the vaccine, the WHO said it considers the benefits of the drug to outweigh its risks.

Shares of IDBI Bank rallied for the fourth straight session to hit a fresh 52-week high of Rs 48.75 on the BSE. With a rise of 8.5 per cent in the intra-day session on Thursday, the stock has gained nearly 24 per cent in the last four days following a revision in ratings by ICRA. The company on September 27 informed exchanges that the rating agency has upgraded the bank's existing ratings while keeping the outlook stable.

At 10.50 am, the stock was up 5.5 per cent at Rs 47.40 on the BSE as against a fall of 0.03 per cent in the S&P BSE Sensex.

Shares of Indian Overseas Bank were locked at the 20 per cent upper circuit at 24.60 in the early morning deals on Thursday after the Reserve Bank of India (RBI) removed the public sector lender from its PCA (Prompt Corrective Action) framework citing improvement in the bank's financial and credit profile.

The stock witnessed massive combined volume of around 51.56 million shares in the first hour of trades on the BSE and NSE. The stock has pared some gains, but is still up 12.2 per cent at Rs 23 on the BSE, while the S&P BSE Sensex is down 10 points at 59,404 at 10:05 am.

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