BUSINESS

As per the ratings agency, these companies have garnered 45 per cent of all new Abbreviated New Drug Application (ANDA) approvals over the past nine months.

Petrol prices were very close to breaching the all time high level of Rs 84 a litre (reached on October 4, 2018) when it touched Rs 83.71 a litre on December 7. But the march has been halted ever since then with no price revision by the OMCs.

The Jharkhand government had in July promulgated an ordinance to levy ‘Covid Cess' on mineral bearing lands for mitigating the hardships caused by the Covid-19 pandemic.

A statement by OneWeb said that the development brings the total in-orbit constellation to 110 satellites, part of OneWeb's 648 LEO satellite fleet that will deliver high-speed, low-latency global connectivity.

Speaking at the CII Partnership Summit 2020, the official said that agriculture has been the positive aspect in the current scenario. "The way we are monitoring the parameters, the GDP growth will be positive in the next quarter. Agriculture has been the positive aspect in the current scenario," he said.

However, the market remained subdued throughout the day's trade session due to profit booking along with extremely high stock valuations. Globally, Asian shares slipped on speculation of heightened United States-China trade standoff.

National High Speed Rail Corporation Limited (NHSRCL) spokesperson Sushma Gaur in a statement said that the financial bids for procurement and fabrication of 28 steel bridges for crossing over railway lines, rivers, highways, road and other structures (P-4 Package) for the MAHSR Corridor were opened today.

“Steel companies have raised the rates by 55% in the last six months. I have written to the Prime Minister and have suggested that the issue should be discussed at the highest level. Some decision has to be taken. This (the price hike) is not good. (It has to be known) if the hike is commensurate with the increased cost of labour, power and raw materials. Lowering the productivity and increasing the rate is not a good strategy,” Gadkari said at an Assocham event.

The rise in sales was reported due to the multiple online sales event and festive season towards the end of the month. However, IDC says that it expects the smartphone market to see a single-digit decline in the final consumer sell-out in 2020 on a full-year basis.

Further, increasing hopes of an economic stimulus from the US government also weighed on the price of gold internationally, which reflected in the domestic market. As the US Congressional Republicans and Democrats try to pass a new round of coronavirus aid, lawmakers from both parties are of the view that failure to agree was not an option anymore.