Nation’s second largest oil producer Oil India LTD (OIL) has reported to make a discovery of natural gas in Tinsukia in Assam.
On the auspicious day of Diwali 14th November, leading stock exchanges in the country have decided to conduct Muhrat trading from 18:15 to 19:15 hours. The 8-minute pre-open session will be held at 18:00 hours to 18:08 hours, block deal session will be held in between 17:45 to 18:00 hours while all the deals will be squared off at 19:00 hours.
A drop of 5.2 % is seen in Indian export market. The drop was recorded after a positive growth in September. The drop was seen on shipments containing petroleum, jewellery and leather. The data released by government on Friday also mentioned a fall in imports by 11.53%.
AstraZeneca vaccine for COVID-19 is all set to produce 100 million doses by December 2020 if trial doses data show the required efficacy in protecting people from deadly virus. The partnered firm Serum Institute of India LTD will seek emergency approval from the central government before the production starts, first doses will be given to India.
Reliance Industries are set to invest 50 million USD in Breakthrough Energy Ventures, Climate Change solutions company owned by Bill Gates. Investment will be done over a period of 8-10 years.
A pre-budget consultation is due on 15th November 2020, the consultation will be conducted virtually where experts can give their ideas and opinions. The online portal submissions will be checked by concerned department, if any confirmation is required respective person will be contacted by email/ phone. The portal will remain live till 30th November.