Read more about Metal stocks rise on Business Standard. Metal stocks were trading with gains, with the S&P BSE Metal index increasing 394.24 points or 3.08% at 13200.75 at 09:49 IST.
Read more about Metal stocks buck trend on firm copper prices on Business Standard. Shares of eleven metal and mining companies rose by 1.71% to 15.07% after copper prices in London jumped on Monday to cross the $9,000 a tonne level for the first time since September 2011.
Karnataka Bank fell 2.23% to Rs 67.85 after the bank reported to Reserve Bank of India (RBI) a fraud in the credit facilities extended earlier to IL&FS Transportation Networks with an outstanding balance of Rs 34.16 crore.
IL&FS Transportation Networks availed credit facilities from Karnataka Bank during 2016 under multiple banking arrangement wherein, Karnataka Bank was one of the member banks and during 2018, the borrowing account was classified as Non-Performing Asset (NPA) and has been fully provided for. There shall be no impact on the financials of the bank ahead, it added. The announcement was made post trading hours on Friday, 19 February 2021.
RJD leader Tejashwi Yadav on Monday drove a tractor to reach the Bihar assembly, in an expression of solidarity with those opposing the farm laws and protest against spiralling rise in prices of petrol, diesel and cooking gas. The leader of the opposition also flayed the Nitish Kumar government in the state for keeping mum on the issue of oil price rise and claimed that agriculturists in Bihar were often forced to sell their produce at rates less than half of the MSPs because of the abolition of APMCs. Yadavs tractor ride, in which he was joined by some party colleagues including RJD national general secretary and MLA Alok Mehta, began at his residence, right across the road from the chief ministers bungalow.
Read more about Mohan Delkar, MP from Dadra and Nagar Haveli, found dead in Mumbai hotel on Business Standard. Mohan Delkar, seven-term Lok Sabha member from Dadra and Nagar Haveli, was found dead in a Mumbai hotel on Monday, police said.The body of Delkar (58), Independent MP from Dadra and Nagar Haveli Union Territory, was found at the sea-facing