Petrol prices have breached all-time high levels in the new year as rising global oil prices pushed fuel marketing companies to raise the pump price of auto fuels for the second time this year on Thursday.

Accordingly, petrol prices in Delhi increased by 23 paise a litre on Thursday, the second successive day of fuel price rise, to Rs 84.20 a litre from Rs 83.97 on the previous day. This is the highest level of retail price of petrol in the national capital after October 4, 2018, when its price had risen to Rs 84 a litre.

Sourav Ganguly, the BCCI president, who suffered a mild cardiac arrest on January 2nd, has been discharged from hospital and he was seen to be in fine shape. Sourav Ganguly was accompanied by his wife Dona and the duo greeted supporters outside who had gathered to enquire about the well being of Sourav Ganguly. Ganguly was admitted to Woodlands hospital after he had a mild cardiac arrest.

A woman was killed in gunfire inside Capitol building after President Donald Trump's supporters stormed the building to disrupt the democratic functioning of Congress as it was in the middle of ratifying the election of Joe Biden as President and Kamala Harris as Vice President.

The woman was not identified as of Tuesday evening.

The auctions for IPL 2021 is likely to be held on February 11, with the BCCI giving a deadline of January 20 to the franchises to submit their list of retained and released players. This will not be the mega-auction as the BCCI Annual General Meeting (AGM) had stated that two new teams will come into the Indian Premier League for the 2022 edition of the tournament. The announcement meant that the mega-auction will likely take place before the 2022 edition.

New Delhi: The farmers' protest against the new agricultural laws continues on the 43rd day and agitators on all the borders of Delhi will take out a tractor march on Thursday (January 7). Farmers are calling it a rehearsal of the tractor parade on January 26. On Republic Day, farmers have warned to carry out a parade in Delhi and other parts of the country.

Shares of SBI Cards and Payment Services (SBI Card) rose 5 per cent to hit a new high of Rs 957.45 on the BSE on Wednesday on the back of heavy volumes. The stock surpassed its previous high of Rs 918.60, scaled on October 15, 2020.

The trading volumes on the counter jumped 1.5 times. A combined 1.95 million equity shares had changed hands on the NSE and BSE, till 10:34 am. Currently, the scrip was trading 4 per cent higher at Rs 948 on the BSE as against a 0.08 per cent decline in the S&P BSE Sensex.

TOKYO (Reuters) - Oil prices rose on Wednesday to their highest since February 2020 after Saudi Arabia agreed to reduce output more than expected in a meeting with allied producers, while industry figures showed U.S. crude stockpiles were down last week.

Brent crude rose as much as nearly 1% to $54.09 a barrel, the highest since Feb. 26, 2020. It was at $53.87 a barrel at 0536 GMT after jumping 4.9% on Tuesday.

Financial Technology firm BharatPe on Wednesday said it plans to raise over Rs 5,000 crore in debt funding in next 2 years to build its lending business.

The company further announced that it has received Rs 60 crore from Innoven Capital, a venture debt and specialty lending firm.

India’s biggest lender to the power sector plans to sell bonds to individual investors as it tries to attract savers dissatisfied with deposit rates at a 16-year low.

Power Finance Corp. has filed a draft prospectus for a 100-billion-rupee offering ($1.4 billion), and plans to raise the entire sum this quarter, according to Parminder Chopra, director (finance).

Honda Motorcycle and Scooters India (HMSI) introduced a voluntary retirement scheme on Tuesday as it seeks to “realign its production strategy” and improve overall efficiency in these “uncertain times,” the company said in an internal circular to its employees. Employees above the age of 40 or who have completed 10 years in the company are eligible for the scheme.

The development at HMSI, India’s second largest two-wheeler manufacturer, comes a fortnight after Honda’s car manufacturing arm, Honda Cars India announced re-aligning its production.

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