Business

OPEC+ experts were holding a virtual meeting on Tuesday as a rise in oil prices to their highest in almost a year masked persistent concerns about a recovery in oil demand.

A global accounting body said on Tuesday it would set out a definitive proposal in September for global rules to govern company disclosures of risks from climate change.

Tesla Inc has agreed to recall 134,951 Model S and Model X vehicles with touchscreen displays that could fail after U.S. auto safety regulators sought the recall last month, according to a recall posted on a government website Tuesday.

Silver fell more than 5% on Tuesday as a GameStopstyle buying spree among small investors that took prices to a near eightyear peak appeared to fizzle out following a margin hike by the Chicago Mercantile Exchange.

Hedge funds have raised their bets against Canadian silvermining stocks, January shortselling data from a market regulator showed, while the miners' shares and silver itself rose sharply due to buying by retail investors.

Sitharaman, while presenting the Union Budget 2021, said that there is no cap on the amount of annual premium being paid by any person during the term of the policy under the existing provisions of the Income Tax Act.

Sitharaman said that because the customs duty was raised from 10 per cent in July 2019, prices of metals have witnessed a sharp increase.

NewSpace India Limited has been established to tap the benefits of the Research and Development carried out by the Department of Space and the Indian Space Research Organisation (ISRO).

The rally was backed by Nirmala Sitharaman's announcement about setting up of an Asset Reconstruction Company and further introducing a plan to recapitalise public sector banks.

There will be four structures set up as four independent verticals within one umbrella institution, the Higher Education Commission of India (HECI).

Sitharaman on Monday used her trademark 'Bahi-Khata', a ledger wrapped in a red-coloured cloth, to carry Budget documents as she arrived in Parliament House to present her third straight Budget.

The chief executives of ExxonMobil Corp and Chevron Corp held preliminary talks in early 2020 to explore combining the two largest U.S. oil producers in what would have been the biggest merger of all time, according to people familiar with the matter.

Frustration is building over the pace of COVID-19 vaccinations at long-term care sites, where some homes still await first shots while fending off a virus that can devastate their residents.

Quarterly earnings of HDFC, Adani Power, Hero MotoCorp and M&M would remain in focus this week. The Economic Survey 2020-21 was tabled in the Lok Sabha on Friday.

Billionaire investor Steve Cohen, seen by small investors as an enemy in the GameStop stock drama this week, deleted his Twitter account because of what he said were threats against him and his family, a spokeswoman said on Saturday.

Taiwan's tradedependent economy could grow more than 4% this year on the back of booming demand for its tech products as long as the COVID19 pandemic remains under control, Economy Minister Wang Meihua said on Saturday.