Page 3567 - BS Premium

Top headlines: New RBI norms from today, Adani to run Colombo Port terminal

Eight core sectors' output accelerates in Aug, Monsoon to withdraw from Oct 6, and other top headlines of the day

Gold price today at Rs 45,490 per 10 gm, silver selling at Rs 58,300 a kg

The price of gold jewellery varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges

Best of BS Opinion: Green power, Ordnance factory board, and more

Here are the top BS Opinion articles of the day

Smallcaps slow down during September quarter, trail benchmarks

Nifty Smallcap 100 indices gaining 11.9% after rising over 20% in the preceding quarter

ICRA flags asset quality pressure risk for IDBI Bank due to pandemic

The agency upgraded the rating for the Mumbai-based private lender's bonds, debentures and tier-II capital instruments from "A" to "A+"

Credit to retail, industry accelerates in August, slows in services sector

Loans for farming and allied activities continued to perform well, up 11.3% this August from 4.8% a year ago

Domestic gas price hiked to $2.9 per mBtu, ceiling raised to $6.3 per mBtu

These prices have almost doubled from the price determined by the government for the April 2021 to September 2021 period

India current account surplus at 0.9% in Q1FY22 after previous qtr deficit

Low fuel demand, higher NRI remittances drive surplus

Govt's fiscal deficit at 31.1% of Budget Estimate till Aug, an 18-year low

This was despite a YoY spike in expenditure that month, after falling in the previous month

NTPC's renewable arm signs first green term loan of Rs 500 cr with BoI

The deal is at a competitive rate with a tenure of 15 years, for its 470 Mw solar projects in Rajasthan and 200 Mw in Gujarat

Govt seeks to empanel merchant bankers, legal advisors for share sales

Appointment will be for two years, extendable for one year; contenders can quote a fee as low as Re 1, must submit bids by October 20

Alteria announces final close of second venture debt fund at Rs 1,800 cr

Alteria Capital Fund II will be the largest pool of alternative debt capital available for early and growth-stage start-ups in India

TCS wins MCX deal to transform its core systems for undisclosed sum

To enable high throughput trading, TCS' solution for MCX will use the Deutsche Börse T7 trading platform, which the Indian IT giant helped develop

ONGC Videsh begins exploratory drilling in Bangladesh's Kanchan #1 well

The exploratory well is planned to be drilled to a depth of 4,200 metres and will be targeting two prospective formations; Kanchan #1 will be followed by drilling at two more locations

Hotels see green shoots of recovery as the fear of the pandemic recedes

But recovery in average daily rates remains some distance away

Bajaj Auto swaps stake in KTM to get a share in Pierer Mobility

PMAG ups stake in KTM AG from 51.7% to 98.2%; Bajaj Auto becomes indirect partner in all PMAG brands

Gautam Adani now Asia's second richest, earns Rs 1,000 crore daily

The tenth Hurun India rich list has Mukesh Ambani topping it for the 10th year in a row with Rs 7.18 trillion wealth - only 9 per cent up over 2020

Tata Steel sells entire stake in NatSteel Holdings for $172 million

Company retains wires business as part of downstream portfolio

BP invests about Rs 97 crore in BluSmart, its first fund in India

BluSmart will use the capital to expand its fleet of electric vehicles (EVs) and charging stations from its home city of Delhi to five additional Indian cities in the next two years

Aditya Birla AMC IPO fully subscribed on strong retail interest

The retail portion has already been subscribed 2x, HNI by 40%, and institutional investor portion by 6%