Petrol and diesel prices were on Tuesday hiked by 80 paise a litre each, taking the total increase in rates in the last two weeks to Rs 9.20 per litre.

Petrol in Delhi will now cost Rs 104.61 per litre as against Rs 103.81 previously, while diesel rates have gone up from Rs 95.07 per litre to Rs 95.87, according to a price notification of state fuel retailers.

An IndiGo Nagpur-Lucknow flight returned to the origin after take-off following a suspected momentary technical snag, said the airline on Monday.

The airline further informed that all the passengers were safe after the return of the flight to Nagpur airport.

"IndiGo's Nagpur-Lucknow flight, returned to origin after take-off, following a suspected momentary technical snag, today. The pilots followed the standard operating procedures and returned safely to Nagpur airport. All passengers are safe," said the airline.

PSU major Indian Oil Corporation on Sunday said it will invest nearly Rs 840 crore in expanding its Petroleum, Oil and Lubricant (POL) storage capacities, including setting up a greenfield facility, in the Northeast.

The company is planning to take its POL capacities to 5,530 Thousand Metric Tonnes Per Annum (TMTPA) by 2030 from the existing 3,160 TMTPA, Indian Oil Corporation Executive Director (IndianOil-AOD) G Ramesh told PTI.

India’s two major Covid-19 vaccine makers — Serum Institute of India (SII) and Bharat Biotech (BB) — have halted production of Covid vaccines, and will focus on non-Covid vaccines instead.

Both these firms combined have accounted for over 98 per cent of Covid-19 vaccine doses administered in the country. So far, 1.51 billion Covishield doses and 300 million Covaxin doses have been administered in India, which makes it 98.36 per cent of the 1.84 billion doses administered in the country.

Shares of the recently listed Vedant Fashions, the owner of ethnic wear brand Manyavar, hit a record high of Rs 1,065, on rallying 7 per cent on the BSE in Monday’s intra-day trade. The stock surpassed its previous high of Rs 1,025 touched on March 31, 2022. The stock made its market debut on February 16, 2022.

In the past one month, Vedant Fashions has outperformed the market by surging 25 per cent, as compared to a 11 per cent rise on the S&P BSE Sensex.

Sri Lanka's Cabinet of Ministers resigned with immediate effect late on Sunday night, as the country experienced its worst economic crisis of all time.

Speaking to reporters, Education Minister and Leader of the House, Dinesh Gunawardena said the Cabinet ministers handed over their resignations to Prime Minister Mahinda Rajapaksa.

India recorded less than 1,000 new COVID-19 cases for the first time in 715 days even as the virus tally rose to 4,30,29,044, while the active infection count fell below 13,000, according to the Union Health Ministry data updated on Monday.

The number of active cases is the lowest in 714 days, the data showed.

Ten gram of 24-carat gold became cheaper by Rs 20 on Monday to trade at 52,460. The price of silver remained unchanged at Rs 66,800.

Ten gram of 22-carat gold is trading at Rs 47,950 as the price remained unchanged.

The price of 10 gram of 24-carat gold in Delhi and Mumbai stood at Rs 52,460.

Petrol and diesel prices were on Monday hiked by 40 paise a litre each, taking the total increase in rates in the last two weeks to Rs 8.40 per litre.

Petrol in Delhi will now cost Rs 103.81 per litre as against Rs 103.41 previously, while diesel rates have gone up from Rs 94.67 per litre to Rs 95.07, according to a price notification of state fuel retailers.

Rates have been increased across the country and vary from state to state, depending upon the incidence of local taxation.

Housing Development Corporation Limited (HDFC) and HDFC Bank rallied up to 10 per cent on the BSE in Monday’s intra-day trade after their respective boards approved the merger of HDFC into HDFC Bank.

As part of the deal, shareholders of HDFC Ltd will receive 42 shares of the bank for 25 shares held. Existing shareholders of HDFC Ltd will own 41 per cent of HDFC Bank. Shares held by the housing finance company in the lender will be extinguished, making HDFC Bank a full-fledged public company, reports suggest.

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