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IT, pharma stocks lift Indian shares as coronavirus cases near a million

by pallanus | Jul 16, 2020 | Business News

Indian shares closed higher on Thursday, led by gains in pharmaceutical and IT stocks, even though coronavirus cases in the world’s second-most populous nation inched towards one million. (Representative Image) Indian shares closed higher on Thursday, led by...

Lucknow: Vegetable prices soar, traders blame high fuel cost and rains

by pallanus | Jul 16, 2020 | Business News

Rising fuel prices and rains have pushed vegetable up significantly. People in Lucknow want the government to keep a check on the prices of essential commodities. A vegetable market in Lucknow, where prices have gone up. (Photo: PTI) Hike in fuel prices and monsoon...

Oil giants including Exxon set first joint carbon target

by pallanus | Jul 16, 2020 | Business News

A group of the world’s top oil companies, including Saudi Aramco, China’s CNPC and Exxon Mobil, have for the first time set goals to cut their greenhouse gas emissions as a proportion of output, as pressure on the sector’s climate stance grows. But...

Billionaires look to exit equities after turning quick profit

by pallanus | Jul 16, 2020 | Business News

Billionaires looked after by Swiss bank UBS are looking to move their cash out of equities after profiting from an unprecedented sell-off and rapid rebound from March to May, the world’s largest wealth manager said on Thursday. During the rout in stock markets across...

India’s electricity output recovers further in first half of July

by pallanus | Jul 16, 2020 | Business News

Power generation fell 3.1% in the first 15 days of July compared with the same period last year, a Reuters analysis of daily load despatch data from federal grid operator POSOCO showed, compared with a 9.9% fall in June. Uttar Pradesh, which is home to the largest...
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