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PNC INFRATECH

Bags EPC packages of Purvanchal Expressway in Uttar pradesh of Rs 1738 Cr

KAVERI SEED

Approved buyback of 29 Lk shares amounting Rs 200.2 Cr

VEDANTA

Tamil Nadu Pollution Control Board ordered disconnection of electricity


Disconnection is applicable for copper smelter unit-I at Thoothukudi district


Order requires closure of unit with immediate effect


Thoothukudi copper smelter unit has not been operating since Mar 27

MCX

Launched Silver Options, Total Traded Contract Value at Rs 34.36 Cr

Option Positions are physically settled & are European Style Options

Enters into merger talks with NSE For Universal Exchange Framework: Business Standard Reports

AVENUE SUPERMARTS

R Damani sells 0.8% Stake at Rs 1360.2/Sh

Deal Value at Rs 643 Cr

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    34,924.87 261.76   (0.76 %)
  • NIFTY

    10,605.15 91.30   (0.87 %)
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Aiming to achieve 8% GDP next year: Nitin Gadkari

News In Brief

 

    Returning to 2016 oil output levels is an option, says Russia's Novak

    Moscow: Russian Energy Minister Alexander Novak said oil exporting nations were discussing returning to production levels that were in place prior to the 2016 deal to cut output as one of the options for easing curbs, RIA news agency reported on Saturday. 

    OPEC and non-OPEC countries will work out the parameters for easing the cuts within a month after a thorough analysis of the market, Novak was quoted as saying. He also said he expected Iran to reduce its output by no more than 10 percent as a result of U.S. sanctions, according to RIA.

    (Reuters)

    Saudi-led coalition says foils attempted attack by drone near Abha airport: Arabiya

    Dubai: The Saudi-led coalition said it has foiled an attempted attack by an unmanned drone in Saudi Arabia’s southern city of Abha, the Saudi-owned Al Arabiya television channel reported on Saturday. 

    The coalition said it has destroyed the drone as it attempted to approach Abha airport, which was operating normally, according to Arabiya.

    (Reuters)

    Turkey condemns decision to allow pro-Kurdish party rally in Germany

    Istanbul: The Turkish Foreign Ministry said on Saturday it condemned as a “double standard” a decision by Germany to allow a rally by the pro-Kurdish opposition HDP party in Cologne, having previously prevented ruling party politicians from campaigning there. 

    “This two-faced approach, which we condemn strongly, cannot be reconciled with democracy, the fight against terrorism and expectations of a normalisation in Turkish-Germany relations,” the ministry statement said.

    (Reuters)

    Trump says Venezuela has freed American 'hostage' Josh Holt

    Washington: The Venezuelan government on Saturday released an American, Josh Holt, who it has held since 2016 on weapons charges, U.S. President Donald Trump and Utah Senator Orrin Hatch said in separate posts on Twitter. 

    Holt, a Utah citizen, and his wife Thamy, were returning to the United States and were expected to arrive in Washington on Saturday evening, Trump tweeted. Hatch posted a statement saying the release was the culmination of two years of hard work.

    (Reuters)

    Erdogan calls on Turks to convert dollar, euros into lira

    Istanbul: Turkish President Tayyip Erdogan called on Turks on Saturday to convert their dollar and euro savings into lira, as he sought to bolster the ailing currency which has lost some 20 percent of its value against the U.S. currency this year. 

    “My brothers who have dollars or euros under their pillow. Go and convert your money into lira. We will thwart this game together,” Erdogan said at a rally in the eastern city of Erzurum ahead of parliamentary and presidential elections on June 24.

    (Reuters)

    Uganda bus-tractor crash toll rises to 48: Red Cross

    Kampala: Forty-eight people died after a bus smashed into a tractor driving with no lights at night and a truck in northern Uganda, a Red Cross spokeswoman said today.

    Irene Nakasiita told AFP the victims of the late last night's crash included 16 children. The accident happened in Kiryandongo, about 220 km north of the capital Kampala.

    (PTI) 

    Kiev subway resumes operation after bomb warning false alarm

    Kiev: The subway in Ukraine’s capital Kiev has reopened after a bomb warning proved to be a false alarm, the subway operator said on Saturday, just hours before the city hosts the UEFA Champions League final. 

    “The stations are checked and open for passengers. Explosive items were not found,” the subway operator said on Facebook.  Earlier on Saturday, the subway closed its five stations after it received a warning call.

    (Reuters) 

    South Korean president met North Korea's Kim Jong Un Saturday: Seoul

    Seoul: South Korean President Moon Jae-in met North Korean leader Kim Jong Un on Saturday to discuss Kim’s possible upcoming summit with U.S. President Donald Trump, the South said, the second inter-Korean summit in as many months. 

    Moon and Kim met just north of the heavily militarised border in the afternoon to exchange views to pave way for a summit between North Korea and the United States, South Korea’s presidential office said. Moon will announce the outcome of his two-hour meeting with Kim on Sunday morning, officials aid.

    (Reuters)

    Five metro stations closed in Ukraine capital after bomb warning

    Kiev: Kiev has closed five subway stations, mostly in the central part of the Ukrainian capital, after a bomb warning, the subway operator said in a statement. 

    “The stations are closed to passengers and checks are being carried out,” it said on Facebook.  Kiev is hosting the UEFA Champions League final later on Saturday in which Liverpool will play Real Madrid.

    (Reuters) 

    Detained British-Iranian aid worker to face trial on security charges: Iran court head

    Dubai: A detained British-Iranian aid worker sentenced to five years in jail in Iran is to face a second trial on new charges, the semi-official Tasnim news agency on Saturday quoted Tehran Revolutionary Court’s head Musa Ghazanfarabadi as saying.

    “Ghazanfarabadi said the charge against (Nazanin) Zaghari (-Ratcliffe) in the new case is security-related but did not say whether it was espionage or another charge,” Tasnim reported.

    (Reuters)

    Early counting suggests Irish landslide vote to liberalize abortion: Lawmaker

    Dublin: Early counting of votes suggests that Ireland has voted by a landslide to liberalize some of the world’s most restrictive abortion laws, a lawmaker monitoring the count said on Saturday. 

    “The exit poll I would say is bang on,” Kevin Humphries, a senator with the opposition Labour Party told Reuters, in reference to two opinion polls that said between 68 and 69 percent of voters had backed change. Humphries, a former junior minister, said early tallies showed the referendum would carry by around 80 percent in the Dublin constituency, Dublin Bay South, where he lives but does not represent. The area voted against abortion in a 1983 referendum.

    (Reuters)

    China, Burkina Faso sign agreement to establish diplomatic ties

    Beijing: China and Burkina Faso on Saturday signed an agreement to establish diplomatic relations, after the West African nation severed ties with self-ruled Taiwan. 

    The deal was signed by the Chinese government’s top diplomat, State Councillor Wang Yi, and a senior official from Burkina Faso at a state guest house in Beijing in front of reporters.

    (Reuters)

    Irish anti-abortion campaign concedes it has lost referendum

    Dublin: The main group opposing the liberalisation of Ireland’s abortion law conceded on Saturday that it has lost Friday’s referendum by an overwhelming margin, a spokesman said.

    The people of Ireland “weighed it in the balance and it came down on one side. I obviously would have preferred if they had come down on the other,” John McGuirk, communications director for the “Save the 8th” campaign told national broadcaster RTE. “There is no prospect of the (abortion rights) legislation not being passed,” McGuirk added.

    (Reuters)

    Trump says having 'very productive talks' with North Korea on summit

    Washington: President Donald Trump said late on Friday the United States was having “very productive talks” with Pyongyang to hold a summit with North Korean leader Kim Jong Un, a day after he scrapped the meeting. 

    “We are having very productive talks with North Korea about reinstating the Summit which, if it does happen, will likely remain in Singapore on the same date, June 12th., and, if necessary, will be extended beyond that date,” Trump said in a Twitter post.

    (Reuters)

    CBSE result for Class XII declared

    New Delhi: CBSE result for Class XII declared, available on official website.

    (PTI)

    Turkey, US outline road map for cooperation in Syria's Manbij: Statement

    Ankara: Turkish and U.S. working groups, meeting in Ankara on Friday, outlined a draft for cooperation in ensuring security and stability in Manbij in northern Syria, they said in a statement. 

    Turkey’s Foreign Minister Mevlut Cavusoglu and his U.S. counterpart Mike Pompeo will meet on June 4 to consider the group’s recommendations, the statement said.

    (Reuters) 

    Foodgrain prices ruled steady

    Chennai: Prices of all commodities in the wholesale foodgrain market here today.

    Following are the wholesale rates of various agri-commodities (rates in rupees per quintal, unless stated otherwise): Thoor Dal Rs 6,900, Urad Dal Rs 6,700, Moong Dal Rs 7,000, Gram Dal Rs 4,700, Sugar Rs 2,900, Wheat Rs 2,700, Maida (90 kg) Rs 2,500 and Sooji (90 kg) Rs 3,000. PTI RBS RBS RBS RBS 05261124

    (PTI)

    Iran wants Europeans to present economic package by end of May: Official

    Paris: Iran wants European powers to give it an economic package by the end of the month to compensate for the U.S. withdrawal from their agreement on nuclear power, a senior Iranian official said on Friday.

    “We expect the package to be given to us by the end of May,” the official said before talks in Vienna with major powers. He added that Tehran would decide within the next few weeks whether to stay in the accord.

    (Reuters) 

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