Bihar Chief Minister Nitish Kumar on Sunday expressed grief over the death of 17 persons in lightning and thunderstorm and announced an ex-gratia of Rs 4 lakh for the family members of each of the victims.

Taking to the Twitter the Chief Minister said, "6 people died in Bhagalpur, 3 in Vaishali, 2 in Khagaria, 1 in Katihar, 1 in Saharsa, 1 in Madhepura, 2 in Banka and 1 in Munger due to thunderstorm and lightning. My deepest condolences to the affected families.

The number of active Covid cases in Lucknow have crossed the 500-mark after a gap of nearly four months.

In Uttar Pradesh the number of cases has gone past the 2500-mark.

At least 89 more persons have tested positive for the infection in the past 24 hours, while 62 patients recovered in the same period, taking the active cases to 505.

The meltdown across global equity markets is casting a spillover effect on the crypto markets as well.

With the global central bankers turning hawkish to abate inflationary pressures, lack of liquidity is resulting in fund vacuum in the crypto sphere too.

Reduced risk appetite, coupled with strengthening dollar, has also made investors exit crypto funds with outflows surging over $100 million last week.

Sequoia Capital India has asked a local court to dismiss a defamation lawsuit filed by one of its former general counsels, saying it was an attempt to curb its free speech rights and harm its interests, the venture capital firm's court filing shows.

Sequoia has been locked in a legal battle with Sandeep Kapoor, after he included the company in a defamation lawsuit against media companies that reported on a leaked Sequoia email of June 2. Kapoor was Sequoia's in-house general counsel for nearly nine years until 2019.

Saddened by the violence around the Agnipath scheme, Mahindra Group Chairman Anand Mahindra on Monday announced to recruit "trained and capable" Agniveers.

Taking to Twitter, Anand said he is saddened by the violence around the Agnipath program.

Air India Ltd. is considering ordering as many as 300 narrowbody jets, according to people familiar with the matter, in what could be one of the largest orders in commercial aviation history as the formerly state-run airline looks to overhaul its fleet under new ownership.

The carrier may order Airbus SE’s A320neo family jets or Boeing Co.’s 737 Max models, or a mix of both, the people said, asking not to be identified because the discussions are confidential. A deal for 300 737 Max-10 jets could be worth $40.5 billion at sticker prices, although discounts are common in such large purchases.

As many as nine more persons died in Assam due to the flood, taking the overall death toll to 54, according to Assam State Disaster Management Authority (ASDMA) on Friday.

As many as 18.94 lakh people in 28 districts are affected by the flood situation.

The deaths were reported from Hojai, Nalbari, Bajali, Dhubri, Kamrup, Kokrajhar, and Sonitpur districts of Assam.

Gold prices rise on Saturday and witness an uptick of Rs 10. Ten gram of 24-carat gold is trading at Rs 51,110, whereas 10 gram of 22-carat gold is trading at Rs 52,110.

Silver, on the other hand, witnessed a drop of Rs 600. Silver is currently trading at Rs 60,900 per kg.

The price of ten gram of 24-carat gold in Delhi, Kolkata, and Bangalore is Rs 52,130, whereas, 10 gram of 22-carat gold is trading at Rs 47,790 in Delhi, Kolkata, and Bangalore.

Protests against the Centre's Agnipath scheme continued on Friday as scores of youngsters descended on the Yamuna Expressway and blocked traffic movement briefly, prompting Gautam Buddh Nagar police to lodge an FIR against 225 protesters and arrest 15, officials said.

They said eight police personnel and a driver of a privately-run bus suffered injuries in violence during the protest in Jewar area of the district, adjoining Delhi in western Uttar Pradesh.

Bank credit grew 13.1 per cent year-on-year (YoY) in the fortnight ended June 3, the highest in the past three years, the latest data released by the Reserve Bank of India (RBI) shows. Growth in bank credit in the previous year was 5.7 per cent.

At an event on Friday, Reserve Bank of India (RBI) Governor Shaktikanta Das said: “We are seeing reasonably satisfactory credit offtake happening. It is about 12 per cent YoY, according to the latest data. Last year, around this time, credit growth was 5-6 per cent.”

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