The rupee depreciated 6 paise to 73.42 against the US dollar in opening trade on Friday as forex market sentiment remained subdued amid concerns over resurgence in coronavirus cases in many parts globally.

Analysts said rising COVID-19 cases in eurozone and fresh round of lockdown in many countries weighed on investors sentiment.

IT firm HCL Technologies on Friday posted 18.5 per cent rise in September quarter net profit at Rs 3,142 crore.

The IT major had registered a net profit of Rs 2,651 crore in the July-September 2019 quarter (as per US GAAP), HCL Technologies said in a regulatory filing.

An Indian buyer of liquefied petroleum gas is once again attempting to ease its dependence on Middle East shipments after some supply shocks last year stemming from drone attacks and even a trade war.

Bharat Petroleum Corp. is seeking bids from global suppliers for a fifth of its typical LPG needs in 2021, according to a tender seen by Bloomberg. Bidding is still open to Middle East producers, which already provide BPCL with the majority of its contracted needs.

With a spike of 63,371 new cases and 895 deaths in the last 24 hours, India's COVID-19 count reached 73,70,469 on Friday, according to the Ministry of Health and Family Welfare (MoHFW).

As per the MoHFW, the COVID-19 count includes 8,04,528 active cases, and 64,53,780 cured and discharged or migrated cases.

People in Delhi and adjoining National Capital Region (NCR) are breathing poisonous air and now being 'forced to smoke' as the air quality in the region has reached 'very poor' category.

On Friday morning, the Air Quality Index (AQI) in Delhi was recorded at 326 while it was 348 in Noida and 305 in Gurugram. It may also be noted that the AQI in Delhi on Thursday morning was 315.

Shares of Tata Elxsi rallied 5 per cent and hit a record high of Rs 1,533.55 on the BSE on Thursday after reporting 56 per cent year on year (YoY) growth in profit before tax (PBT) at Rs 110 crore in the July-September quarter (Q2FY21). The company's operational revenues grew 11.5 per cent YoY at Rs 430 crore. On sequential basis, revenues and PBT jumped 7.4 per cent and 17 per cent, respectively.

In response to Congress leader Rahul Gandhi's dig at the Bharatiya Janata Party (BJP) led Centre over the International Monetary Fund (IMF) forecast for India's GDP, government sources have said that India's GDP is 11 times more than that of Bangladesh.

In 2019, India's GDP in purchasing parity terms was 11 times more of Bangladesh while the population was 8 times more. In purchasing power parity terms, India's per capita GDP in 2020 is estimated by IMF at $6284 compared to $5139 for Bangladesh, government sources quoted by news agency ANI said.

Democratic presidential nominee Joe Biden raised USD 383 million for his election effort in September, a record-breaking sum that eclipses the unprecedented fundraising from the previous month.

The haul, announced Wednesday night, leaves him with USD 432 million in the bank just weeks before the November 3 election.

Russian authorities have given regulatory approval to a second coronavirus vaccine after early-stage studies, two months after a similar move prompted widespread criticism from scientists both at home and abroad.

Russian President Vladimir Putin made the announcement on Wednesday, during a televised meeting with government officials.

Shares of Infosys hit a fresh record high of Rs 1,185, up 4 per cent on the BSE in early morning trade on Thursday after the company reported healthy set of July-September quarter (Q2FY21) numbers on revenue and profitability front. The company has revised its FY21E revenues guidance upwards from 0-2 per cent year on year (YoY) to 2-3 per cent YoY in constant currency basis & operating margin guidance to 23-24 per cent from 21- 23 per cent.

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