NEW DELHI: In a sign that augurs well for lenders, India’s power generation sector appears to have turned the corner by posting five consecutive months of year-on-year growth till the first week of February after six months of decline due to the Covid-19 pandemic. The sustained growth in generation the operating environment has stabilised, which […]
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Share price of Petronet LNG Ltd. falls as Sensex gains 748.63 points
The share price of Petronet LNG NSE 0.70 % Ltd. dropped 0.7 per cent to Rs 241.95 at 02:05PM (IST) in Monday’s trade. The stock has hit a high of Rs 247.0 and low of Rs 240.8 so far during the session. The stock had closed at Rs 243.65 in the previous session. The counter […]
Indraprastha Gas Ltd. shares up 2.53% as Nifty gains
Shares of Indraprastha Gas NSE 3.22 % Ltd. rose 2.53 per cent to Rs 557.6 in Tuesday’s trade. It hit an intraday high of Rs 557.8 and low of Rs 547.55, respectively, during the day. The stock quoted a 52-week high price of Rs 581.3 and low of Rs 284.55. As of 10:21AM (IST), the […]
NHAI to bid out greenfield Lucknow-Kanpur e-way in next two months
NEW DELHI: The National Highways Authority of India (NHAI) will bid out the works for a greenfield expressway between Lucknow and Kanpur in the next two months. The work will start by May this year. This 63-km expressway to be built at Rs 4,200 crore is the one of the first six greenfield expressways which […]
GAIL (India) Ltd. shares up 0.49% as Nifty gains
NEW DELHI: Shares of GAIL (India) Ltd. traded 0.49 per cent up in Tuesday’s trade at 11:18AM (IST). Around 1,158,586 shares changed hands on the counter. The stock opened at Rs 132.4 and touched an intraday high and low of Rs 133.5 and Rs 131.5, respectively, in the session so far. Shares of the company […]
Domestic air travel demand contracts 41% to around 76 lakh passengers in January
MUMBAI: Domestic air travel demand contracted by 41 per cent year-on-year to around 76 lakh passengers in January with sequential growth also slowing down to 3.5 per cent during the month over December 2020, a report said on Monday. Indian carriers had flown a total of 1.27 crore passengers on domestic routes in January 2020. […]
Oil prices cross $60 for the first time in a year
Oil advanced above $60 a barrel for this first time in more than a year as global supplies tighten and the demand outlook improves with the rollout of Covid-19 vaccines. Futures in London gained as much as 1.2% before easing slightly on Monday, extending its rally after a third weekly gain. A year after the […]
LPG cylinder price hike: Here is how much you pay for now
The price of Liquefied Petroleum Gas (LPG) has been hiked. Almost all the household in India has an LPG connection and it is mainly used for cooking purpose. An increase in LPG prices will affect the common man in general. According to Indian Oil Corporation, a non-subsidised 14.2 kg gas cylinder in Delhi and Mumbai […]
Bhel reports another weak quarter, no respite in sight
Shares of Bharat Heavy Electricals Ltd (BHEL) nosedived 8.5% on the NSE on Monday, on a day when the Nifty 50 index rose by 1.3%. Not without reason. On Saturday, the state-run engineering company announced its quarterly results, which were disappointing, yet again. The key highlights of the December quarter result include mounting operational losses, […]
Tightening oil supplies inject new momentum into price rally
A booming rally in oil markets has pushed crude prices to their highest levels since near the start of the coronavirus pandemic, powered by production curbs and recovering demand. Brent-crude futures, the benchmark in energy markets, have risen more than 50% since the end of October and are approaching $60 a barrel for the first […]
Goa carnival celebrations: IndiGo to provide special Goan meal on some flights
New Delhi: IndiGo on Monday announced it would be providing special Goan meal Xacuti on pre-booking to those who are travelling on flights connecting the Dabolim airport with four major cities between February 12 and February 17. “Eat, drink, and be merry as it is Carnival time! We’re serving festive Goan treats such as Chicken […]
Government allows BCCI to use drones to film matches
New Delhi: The Civil Aviation ministry and the Directorate General of Civil Aviation (DGCA) today said that they have granted conditional exemption to the Board of Control for Cricket in India (BCCI) for the deployment of drones for live aerial cinematography of the India Cricket Season in 2021. MoCA had received requests from BCCI & […]