India on Saturday reported 38,628 new COVID-19 cases in the last 24 hours, according to the Ministry of Health and Family Welfare on Saturday. With this, the daily positivity rate remained less than 3 per cent for the last 12 days.

The cumulative caseload in the country reached 3,18,95,385 including 4,12,153 active infections. The active cases constitute only 1.29 per cent of the total infections.

Businessman Raj Kundra who was arrested on July 19 by the Mumbai Crime Branch for being the 'mastermind' behind a pornography racket, had filed a writ petition in the Bombay High Court terming his arrest as illegal. The Bombay High Court has reserved its verdict after hearing both parties.

Speaking on the writ petition in the Bombay High Court that Raj Kundra had filed terming his arrest illegal, the public prosecutor said that Raj Kundra is a British citizen.

Prime Minister Narendra Modi interacted with the beneficiaries of Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) in Madhya Pradesh today (August 7), via video conferencing.

Coronavirus pandemic is the biggest disaster faced by humanity in the last 100 years, Prime Minister Narendra Modi said during an interaction with Pradhan Mantri Garib Kalyan Anna Yojana beneficiaries.

The global coronavirus caseload has topped 201 million, while the deaths have surged to more than 4.27 million and vaccinations soared to over 4.34 billion, according to the Johns Hopkins University.

In its latest update on Saturday morning, the University's Center for Systems Science and Engineering (CSSE) revealed that the current global caseload, death toll stood and vaccination tally stood at 201,690,263, 4,276,940 and 4,346,167,629, respectively.

White House COVID-19 Data Director Cyrus Shahpar on Friday informed that 50 per cent of Americans are now fully vaccinated.

More than 8,21,000 doses have also been administered in the US including 5,65,000 newly vaccinated people, Shahpar said in a tweet.

The price of 10 gm of 22-carat gold gained Rs 20 on Friday to trade at Rs 46,970. Silver was selling at Rs 67,600 per kg: a fall of Rs 400 compared to yesterday, according to the website Good Returns.

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

Shares of Adani Enterprises rallied 7 per cent to Rs 1,528.30 on the BSE in intra-day trade on Friday, bouncing back 8 per cent from its day's low of Rs 1,417 on the back of heavy volumes. The stock had hit a record high of Rs 1,718.45 on June 7, 2021. Trading volumes on the counter jumped 1.6 times, with a combined 9.74 million equity shares having changed hands on the NSE and BSE till 12:19 pm. In comparison, the S&P BSE Sensex was down 0.24 per cent at 54,363 points.

With a market capitalisation (market-cap) of Rs 1.68 trillion, Adani Enterprises has become the most valuable Adani Group firm.

Markets regulator Sebi has introduced the concept of 'accredited investors' in the Indian securities market, a move expected to open up a new channel for raising funds.

A person or entity will be identified as an accredited investor on the basis of net worth or income.

Global healthcare major Johnson & Johnson on Friday said it has applied for Emergency Use Authorization (EUA) of its single-dose COVID-19 vaccine in India.

Earlier on Monday, the company had said that it remained committed to bringing its single-dose COVID-19 vaccine to India and looks forward to ongoing discussions with the Indian government.

Mahindra & Mahindra on Friday reported a consolidated net loss after tax from continuing and discontinued operations at Rs 331.74 crore in the first quarter ended June 30.

The company had posted a consolidated net profit after tax from continuing and discontinued operations at Rs 54.64 crore in the first quarter last fiscal, M&M said in a regulatory filing.

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