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While the export duty on oil could improve govt finances marginally, the raising of import costs for gold is unlikely to curb local demand for the yellow metal. Economists forecast the rupee to breach the 80-per-dollar mark soon.

The transition of the entire portfolio to hybrid, flex-fuel, bio-fuel and pure electric vehicles will happen over the next seven to 10 years as per the current plans. It had discontinued production of diesel vehicles ahead of the adoption of BS-VI emission standards in India in April 2020.

The lender has asked ARCs to submit an expression of interest with an indicative price for the loan accounts they would like to acquire, said one of the persons cited above.

The June quarter, however, saw growth of 14% due to a low base last year, stemming from the Covid second wave-led demand impact. Over the past year, shrinkflation, or reduction in pack sizes without lowering prices, has helped companies post value growth as volume declined.

Adani Enterprises has bagged multiple coal import contracts from NTPC between January and June. The Adani Group in December last year shipped out the first consignment of coal from its Carmichael mines in Queensland, Australia. Industry insiders said it is also eyeing Coal India’s two e-tenders totalling 6 mt, for which bids have to be submitted by Tuesday.

Volumes on WazirX were down the most at 82%, according to data sourced from crypto research and consulting firm Crebaco. The decline was almost 70% on CoinDCX and 76% on ZebPay.

Sebi has asked credit rating agencies to share information on all corporates whose ratings are propped up with promoter or parent guarantees and pledge of shares. The capital market regulator has also sought details on companies which have been refusing, often for years, to share data with rating firms.

Marshall Machines, Trade-Wings, Aroma Enterprises, Mewat Zinc and Eastern Sugar & Industries are among the companies which will announce their quarterly earnings today. EKI Energy Services will go ex-bonus today in the ratio of 3:1.

According to a report on India’s foreign exchange reserves by Barclays, while last week’s imposition of higher duties on gold imports and export levies on petroleum products are beneficial at the margin, they are unlikely to “materially alter the widening current account deficit”.

"Energy markets remain laden with specific supply risks that makes being short a nervy experience," Commonwealth Bank commodities analyst Tobin Gorey said.