News Overview

According to the bench in the Kotak Mahindra Bank case, "the high court ought not to have sat on appeal as to the sufficiency of the material and particulars placed before the commission, on the basis of which the commission proceeded to grant immunity from prosecution and penalty."

Petrol and Diesel prices in cities across India on 27-09-2023

The opening value of the rupee against the dollar was 83.23, matching the previous day's closing value

In early Asian trading, the pound fell to $1.2145, a new six-month low, as it struggled against a stronger dollar. It was destined for its worst quarterly fall in a year, one of more than 4%.

The Airport Authorities of India and Tata Power have signed a formal agreement to establish charging stations

Brent crude above $90/bbl; but base metals and soft commodities weak.

The price of Brent oil futures increased by 33 cents, or 0.4%, to $94.29 per barrel, while the price of U.S. West Texas Intermediate crude futures up by 31 cents, or 0.3%, to $90.70.

As the company continues to invest in new businesses amid a soft consumption environment, debt levels are expected to rise further in FY24.

Spot gold remained unchanged at $1,900.49 per ounce, barely off its Tuesday-touched low of August 23. To $1,918.20, U.S. gold futures declined by 0.1%.

TSC Bosh, Executive Director (Infra & Logistics), REC, and PNB Chief General Manager Rajeeva signed the MoU.