Business

MSCI's broadest index of Asia Pacific shares outside Japan was steady while Japan's Nikkei was flat. The Shanghai Composite and Hong Kong's Hang Seng wavered either side of unchanged.

According to Indian Oil, "In Delhi price of Indane gas rose to Rs 858.50 (increased by Rs 144.50), in Kolkata Rs 896.00 (increased by Rs 149), in Mumbai Rs 829.50 (increased by Rs 145) and in Chennai Rs 881.00 (increased by Rs 147)."

Among stocks, Vedanta gained by 1.9 per cent at Rs 143.50 per share while Tata Steel moved up by 1.7 per cent, and JSW Steel by 1.3 per cent.

Replying to discussions on Union Budget 2020-21 in the Lok Sabha, Mrs Sitharaman said banks are now better equipped to fund growth investment.

All sectoral indices at the National Stock Exchange were in the positive terrain with Nifty metal up by 2 per cent, auto by 1.2 per cent and financial service by 1 per cent.

The Shanghai Composite down by 0.3 per cent, Hong Kong's Hang Seng index slipped by 0.5 per cent, the Nikkei 225 declined by 0.21 per cent and South Korea's Kospi also fell by 0.8 per cent.

Mr. Subramaniam joined FedEx in 1991. During his tenure at FedEx, he served in Hong Kong where he led marketing activities for the Asia-Pacific region.

AEML is the licensee for an integrated power distribution, transmission and generation business that currently serves more than 30 lakh consumers across a license area of 400 sq km in the city of Mumbai, the world's seventh largest city by size of population.

"At the moment for LIC, we are looking at an IPO. An IPO will bring in retail investors into the picture and also make the issue more transparent for everybody," Sitharaman said at a press conference here.