LIVE: Earthquake of magnitude 3.1 strikes Faridabad in Haryana at 4.08 pm
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Indian Oil Corporation, the nation's biggest oil firm, will invest Rs 1,660.15 crore as equity in a newly set up joint venture with energy major NTPC Ltd for setting up renewable power plants.
In June, IOC and NTPC had formed a 50:50 joint venture company, IndianOil NTPC Green Energy Pvt Ltd, to set up renewable energy projects to meet round-the-clock power requirements of refineries of the oil company.
2:30 PM
The ongoing second quarter earnings, movement of oil benchmark Brent crude and the uncertainty in the Middle East would dictate terms in the domestic markets this week, analysts said.
Furthermore, the activities of Foreign Institutional Investors (FIIs) will also influence trading in the markets. "A slew of earnings reports from heavyweights expected this week will significantly impact market direction. The activities of Foreign Institutional Investors (FIIs) will be important, given their recent consistent selling streak," Santosh Meena, Head of Research, Swastika Investmart Ltd.
2:10 PM
On the upcoming visit of Samajwadi Party Chief Akhilesh Yadav on October 16 to meet the families of the Deoria incident, Bharatiya Janata Party Member of Parliament Ravi Kishan has said that there should be no politics regarding this incident.
Ravi Kishan told ANI "There is nothing wrong with Akhilesh Yadav coming here. Everyone should come, but when he is going to meet the Yadav community, he should also go to meet the Dubey family. The Dubey family has become abandoned and there is no one in the family. I went there and saw how the entire family was destroyed. I hope Akhilesh Ji this time do not indulge in politics because someone's entire house has been destroyed. There is an atmosphere of sadness in the entire village regarding this incident. There should be no politics regarding this incident."
1:49 PM
Eight persons, including two children, were killed after a car and truck collided head-on near here on Sunday, police said.
While the cause of the accident is being probed, four men and a woman, besides the two children were killed on the spot, Chengam town police said.
1:35 PM
Japanese tyre maker Yokohama is betting on local production in India for a "sustainable and competitive" business model in the country, according to a top company official.
Yokohama Rubber company, which is present in the country through a wholly-owned subsidiary, is coming up with a new plant in Visakhapatnam in addition to its existing plant in Bahadurgarh, Haryana.
1:20 PM
Hours after the Congress on Sunday announced the first list of 30 candidates for Chhattisgarh Assembly elections, Deputy Chief Minister TS Singh Deo expressed gratitude to the Congress High Command and assured to continue work in the state.
The ruling party in the state has fielded Chief Minister Bhupesh Baghel from Patan and Deputy Chief Minister TS Singh Deo from Ambikapur.
1:00 PM
The BJP's big push to change its fortunes in the region, which had spurned it in the last Madhya Pradesh assembly polls, seems to be facing some headwinds as regional factors take precedence and the Congress' pitch for change challenges the ruling party's narrative woven around the planks of development and welfarism.
Across several constituencies of the Chambal-Gwalior region, Prime Minister Narendra Modi largely draws unreserved praise for his stewardship of the country but many of the same voters also talk of the need for "badlav" (change) in the state, offering mixed views on Chief Minister Shivraj Singh Chouhan-led government and voicing a litany of complaints.
12:53 PM
Automobile technology and automation firm Rosmerta Technologies plans to invest Rs 200 crore to set up ten vehicle scrappage units over the next three years, according to a top company executive.
The company currently operates a single vehicle scrapping facility in Manesar (Haryana) with a capacity of processing 30,000 vehicles annually.
12:40 PM
United States President Joe Biden spoke with the families of American citizens who are stuck in Israel amid the ongoing war against the Hamas terror group and assured bringing them back is the top priority of the Govt and they are "not walking away" from their duty.
He assured them there is no higher priority than this and the US is not walking away.
12:25 PM
China and Pakistan will ink significant agreements regarding motorways and highways during caretaker Prime Minister Anwaarul Haq Kakar's four-day visit to Beijing starting Monday, according to a media report on Sunday.
The agreements would be signed under the $60 billion China-Pakistan Economic Corridor (CPEC) programme, Dawn newspaper reported.
12:12 PM
The Empowered committee in PLI (production-linked incentive) scheme has approved Rs 1,000 crore disbursement to beneficiary firms of the electronics sector, a top government official said.
The government disbursed Rs 2,900 crore till March 2023, out of claims worth Rs 3,400 crore received under the scheme, which aims at boosting domestic manufacturing, creating jobs and supporting exports.
11:52 AM
The Enforcement Directorate on Sunday said it has attached land, windmills, silver and diamond jewellery and bullion worth more than Rs 315 crore as part of an alleged bank fraud linked money laundering probe against a former NCP MP from Maharashtra, his family and businesses.
Ishwarlal Shankarlal Jain Lalwani (77), the former Rajya Sabha Member of Parliament from the Nationalist Congress Party (NCP), is the promoter of the Rajmal Lakhichand Jewellers Pvt Ltd, R L Gold Pvt Ltd and Manraj Jewellers among others.
11:28 AM
Tata Motors sees an eventual split in the platforms for its conventional engine and electric passenger vehicles in order to make future products unique and remove the handicap of developing EVs on traditional platforms, according to its Global Head of Design, Martin Uhlarik.
With electrification and connectivity fast gaining momentum, he also said interiors of cars of the future could become more "like a home" driven by minimalistic approach, as sophisticated customers seek material comfort, simplicity and ease of use
11:10 AM
Sri Lankan President Ranil Wickremesinghe has called for a fresh approach from the world to maintain a stable geopolitical system in the wake of the escalating conflict involving Israel and Hamas.
Speaking at a dinner hosted by the Geopolitical Cartographer, an international research foundation specialising in the Indian Ocean, under the theme Emerging New Order in the Indian Ocean Region', Wickremesinghe on Friday night talked about the importance of the current situation in West Asia and its potential impact on the global order.
10:51 AM
A powerful 6.3 magnitude earthquake struck western Afghanistan on Sunday, just over a week after strong quakes and aftershocks killed thousands of people and flattened entire villages in the same region.
The US Geological Survey said the latest quake's epicenter was about 34 kilometers (21 miles) outside Herat, the provincial capital, and eight kilometers (five miles) below the surface.
10:42 AM
At the crack of dawn every day, hushed frantic activity begins in villages located along the India-Nepal border here as some residents set out on foot or in small vehicles to smuggle rice into the neighbouring country.
Young unemployed men, women and sometimes even the elderly act as carriers for local smugglers and are paid up to Rs 300 for delivering a quintal of rice to warehouses set up across the border by Nepali traders.
Topics :ISROTamil Naduroad accidentDeath tollAfghanistanEarthquakeIndians abroadIndians evacuatedIsrael-PalestineisraelHamasS JaishankarIndian embassyMansukh Lal MandaviyaIsro projectsGaganyaan missionNortheast India
First Published: Oct 15 2023 | 6:58 AM IST