The US has welcomed the USD 60-per-barrel price cap on Russian oil, describing it as an important tool that will benefit emerging markets and low-income economies and further cripple President Vladimir Putin's finances used to fund his brutal invasion on Ukraine.

The European Union reached a deal on Friday for a USD 60-per-barrel price cap on Russian oil. The Group of Seven nations and Australia joined the European Union in adopting the price cap on Russian oil, aimed at significantly reducing Moscow's income and President Putin's ability to continue to finance the war in Ukraine.

The Navy will put on show India's combat prowess at the Navy Day celebration at the Ramakrishna Beach here on Sunday.

For the first time, the main Navy Day event is being organised outside New Delhi, but President of India Droupadi Murmu will join the celebrations as the guest of honour.

The Western Railway (WR) has said it would install fences along the Mumbai-Ahmedabad route by May next year to stop animals from straying onto the tracks and getting run over by trains, a move coming in the backdrop of the prestigious Vande Bharat Express hitting cattle four times since its launch on September 30.

Addressing a press conference at the railway zone's headquarters at Churchgate here on Friday, WR General Manager Ashok Kumar Misra said tenders have been invited for the construction of the fences on the 620-kilometre-long route, which is expected to cost Rs 264 crore.

Scientists believe bats first transmitted Covid virus to humans in December 2019, and while the virus has since evolved into several variants such as delta and omicron, a new study reveals the virus is still highly transmissible between mammals.

Researchers including an Indian-origin scientist at Rochester Institute of Technology (RIT) in New York in the US, developed computer simulations that show the coronaviruses use their spike proteins to attach themselves to the host cells in both bats and humans in much the same way.

India is a part of me and I carry it with me wherever I go," Google and Alphabet CEO Sundar Pichai has said, as he received the prestigious Padma Bhushan award from the Indian envoy to the US.

Indian-American Pichai was awarded the Padma Bhushan for 2022 in the Trade and Industry category. The Madurai-born Pichai was named one of the 17 awardees earlier this year.

Attorney General R Venkataramani, the court receiver for the Amrapali group projects, told the Supreme Court on Friday he is facing resistance from Noida and Greater Noida authorities in generating funds for the stalled projects and, if the situation remains so, the management of the company should be handed over to the Uttar Pradesh government.

Home buyers, through their counsel, submitted the National Building Construction Corporation (NBCC) has completed construction of around 3,000 flats.

Godrej Properties Ltd on Friday said it has bought 18.6 acre land at Kandivali in Mumbai to develop a premium housing project and expects sales revenue of about Rs 7,000 crore.

In a regulatory filing, the company informed that the project would have a developable potential of about 3.72 million square feet with an estimated revenue potential of around Rs 7,000 crore.

Visakhapatnam-based RINL has supplied 1,800 tonnes of structural steel to AMNS India for its expansion project in Hazira, Gujarat.

On October 28, the Gujarat-based steel maker AMNS India kicked off the Rs 60,000-crore expansion project to scale up the capacity of its steel plant to 15 million tonnes (MT) from about 9 MT at present.

Drug firm Orchid Pharma on Thursday said its board has approved to raise Rs 500 crore from institutional investors.

The company's board has approved a Qualified Institutional Placement (QIP) programme to raise Rs 500 crore, it said in a regulatory filing.

Larsen & Toubro (L&T) on Thursday said it has closed a $107 million sustainability-linked loan with Sumitomo Mitsui Banking Corporation (SMBC).

Sustainability-linked loans aim to facilitate and support environmentally and socially sustainable economic activity and growth.

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