State-run power giant NTPC has made an offer to buy back its masala bonds worth Rs 4,000 crore from bondholders or lenders.

Masala bonds are issued outside India but denominated in Indian rupees, rather than the local currency.

NTPC has launched a cash tender offer to buy the masala bonds worth totaling Rs 4,000 crore.

Rating agency Moody’s said on Monday that the temporary ban on acquiring news credit card customers and new digital launches imposed on HDFC Bank is credit negative as the lender increasingly relies on digital channels to source and service customers.

Reserve Bank of India’s action was in response to weaknesses in HDFC Bank's digital infrastructure and operational resilience.

The farmers’ agitation all around the borders of National Capital Region of Delhi are showing no signs of slowing down. There are already calls for Bharat Bandh by the farmers’ leaders and multiple rounds of meeting between them and the Government have borne no fruitful solution.

After the inconclusive fifth round of meetings of Saturday (December 5), the next scheduled meeting is supposed to take place on Wednesday (December 9).

India’s budget airlines Indigo announced on Monday (December 7) that they will provide refund to all passengers who have cancelled their tickets due to the coronavirus-enforced lockdown. The airlines assured that all refunds will be completed by January 31, 2021.

Indigo also said that so far the company has made 90 per cent of total refunds which includes Rs 100 crore already paid to the customers.

Delhi Chief Minister Arvind Kejriwal on Monday visited the Singhu border to meet the farmers who are protesting against the new agricultural laws. He took stock of the arrangements made for the farmers.

Speaking with the media, Kejriwal reiterated Delhi government's support to the Bharat Bandh call.

In order to check the spread of Coronavirus, section 144 has been imposed in Gautam Buddha Nagar. The order is effective from December 6 and will remain in force until January 2, 2021.

The step was taken in the view of the upcoming Christmas festival and the New year celebrations.

Prime Minister Narendra Modi will be inaugurating the construction of the Agra metro project today at 11.30 am via video conferencing. The PM will be joined by Union Minister of Housing & Urban Affairs Hardeep Singh Puri, Uttar Pradesh chief minister Yogi Adityanath and other dignitaries at the 15 Battalion PAC parade ground in Agra.

The Serum Institute of India (SII) on December 6 applied to the Drugs Controller General of India (DCGI) to seek emergency use authorisation for its COVID-19 vaccine candidate Covishield.

It is reported that the SII cited unmet medical needs in the country owing to the coronavirus pandemic and public interest at large as reasons for its application.

The global coronavirus caseload nears the 66 million cases mark, as per the latest update by Johns Hopkins University.

As of Saturday, the world count stood at 65,842,942, while the death toll at 1,518,560.

According to JHU, the US continues to be the worst-affected country from the COVID-19 pandemic with 14,353,740 cases and 279,726 deaths.

Haryana Health Minister Anil Vij has tested positive for COVID-19 and has been admitted to Civil Hospital, Ambala Cantt. This comes 15 days after he was administered a trial dose of COVID-19 vaccine Covaxin.

Taking to Twitter on Saturday, Vij (67), who is also the state's home minister, urged all those who had come in contact with him recently to get tested.

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