Monday, August 31, 2020

Factory Activity Grows For First Time In Five Months In August

Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, rose to 52.0 in August from 46.0 in July.

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Bond Yields Plunge, Rupee Soars On RBI Stability Measures

The benchmark 10-year bond yield dropped as much 20 basis points (bps) in opening trade and was down 16 basis points (bps) at 5.96% at 10:42 am.

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L&T Sells Electrical And Automation Business To Schneider Electric

Meanwhile, the Defence Ministry signed contract with L&T, Bharat Earth Movers and Tata Power Company, on Monday to supply six Pinaka regiments to Indian Army by 2024.

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Loan Moratorium Can Be Extended For 2 Years: Centre To Supreme Court

The central government on Tuesday informed Supreme Court that loan moratorium period can be extended by two years as per the RBI's circular.

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Factory Activity Grows For First Time In Five Months In August

Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, rose to 52.0 in August from 46.0 in July.

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Bond Yields Plunge, Rupee Soars On RBI Stability Measures

The benchmark 10-year bond yield dropped as much 20 basis points (bps) in opening trade and was down 16 basis points (bps) at 5.96% at 10:42 am.

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L&T Sells Electrical And Automation Business To Schneider Electric

Meanwhile, the Defence Ministry signed contract with L&T, Bharat Earth Movers and Tata Power Company, on Monday to supply six Pinaka regiments to Indian Army by 2024.

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Maruti Suzuki Domestic Sales Rose Nearly 22% In August

Maruti Suzuki on Tuesday reported domestic sales of 115,325 units in August 2020, marking agrowth of 21.7 per cent compared to corresponding month last year.

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Maruti Suzuki Domestic Sales Rose Nearly 22% In August

Maruti Suzuki on Tuesday reported domestic sales of 115,325 units in August 2020, marking agrowth of 21.7 per cent compared to corresponding month last year.

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Non-Subsidised Cooking Gas Rates Nearly Unchanged In Metros

Currently, the government subsidises 12 LPG cylinders of 14.2 kilograms each per household every year. The consumer has to make any additional purchases of LPG cylinders at the market price.

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Sensex, Nifty Flat Amid Volatile Trade

At 10:01 am, the Sensex traded 36.12 points - or 0.09 per cent - higher at 38,664.41 while the Nifty was down 11.95 points - or 0.10 per cent - at 11,375.55.

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Non-Subsidised Cooking Gas Rates Nearly Unchanged In Metros

Currently, the government subsidises 12 LPG cylinders of 14.2 kilograms each per household every year. The consumer has to make any additional purchases of LPG cylinders at the market price.

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Sensex, Nifty Flat Amid Volatile Trade

At 10:01 am, the Sensex traded 36.12 points - or 0.09 per cent - higher at 38,664.41 while the Nifty was down 11.95 points - or 0.10 per cent - at 11,375.55.

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Sensex Jumps Over 400 Points, Nifty Tops 11,500 Amid Gains Across Sectors

Consumer spending, private investments and exports all collapsed during the world's strictest lockdown imposed in late March to combat the COVID-19 pandemic.

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Jobs App For Poor Workers Used By Amazon, BigBasket Raises $8 Million

The app helps first-time internet users access job opportunities by entering their name, age, and skills to generate a virtual "business card" that's shared with potential employers.

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Sensex Gains Over 400 Points, Nifty Touches 11,500 Amid Choppy Trade

Consumer spending, private investments and exports all collapsed during the world's strictest lockdown imposed in late March to combat the COVID-19 pandemic.

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Jobs App For Poor Workers Used By Amazon, BigBasket Raises $8 Million

The app helps first-time internet users access job opportunities by entering their name, age, and skills to generate a virtual "business card" that's shared with potential employers.

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What GDP At -24%, Worst Among Major Economies, Means For India

Gross domestic product shrank 23.9 per cent in the three months to June from a year earlier, the Statistics Ministry said in a report Monday.

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-24%: India On Track For First Full-Year Contraction In 4 Decades

Gross domestic product shrank 23.9% in the three months to June from a year earlier, the Statistics Ministry said in a report Monday.

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Petrol Prices Hiked by 4-5 Paise Across Metros On Tuesday

In Delhi, the price of petrol was hiked to Rs 82.08 from Rs 82.03 paise per litre, while diesel was untouched at Rs 73.56 per litre, according to Indian Oil Corporation.

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Sensex, Nifty Likely To Have A Firm Opening

The domestic stock markets are likely to open in the green, a day after plunging more than 2 per cent, going by early indications from Singapore Nifty futures trading.

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Petrol Prices Hiked by 4-5 Paise Across Metros On Tuesday

In Delhi, the price of petrol was hiked to Rs 82.08 from Rs 82.03 paise per litre, while diesel was untouched at Rs 73.56 per litre, according to Indian Oil Corporation.

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Sensex, Nifty Likely To Have A Firm Opening

The domestic stock markets are likely to open in the green, a day after plunging more than 2 per cent, going by early indications from Singapore Nifty futures trading.

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Loan Moratorium Expires Today, RBI Unlikely To Extend Relief: Report

The Supreme Court, on September 1, will hear a fresh plea seeking extension of the scheme

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Sensex Falls Nearly 900 Points From Day's High Ahead Of GDP Data

India is likely entering its deepest recession on record, which is expected to run through the second half of the fiscal year.

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Sunday, August 30, 2020

Sensex Falls Over 600 Points From Day's High Ahead Of GDP Data

India is likely entering its deepest recession on record, which is expected to run through the second half of the fiscal year.

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Sovereign Gold Bonds Open For Subscription Till Friday. Should You Buy?

The interest on gold bonds is taxable. However, the capital gains arising out of redemption are exempted for individual investors.

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Adani Group To Purchase Majority Stake In Mumbai International Airport

Adani Group will buy 50.5 per centstake from GVK Group and 23.5 per cent from minority partners including Airports Company South Africa and Bidvest Group.

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Sovereign Gold Bonds Open For Subscription Till Friday. Should You Buy?

The interest on gold bonds is taxable. However, the capital gains arising out of redemption are exempted for individual investors.

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Adani Group To Purchase Majority Stake In Mumbai International Airport

Adani Group will buy 50.5 per centstake from GVK Group and 23.5 per cent from minority partners including Airports Company South Africa and Bidvest Group.

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Adani Group To Buy 74% Stake In Mumbai Airport

Adani Airport Holdings has "entered into an agreement to acquire the debt of GVK Airport Developers", Adani Enterprise said.

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BSE's India INX Launches Gold, Silver Futures Contracts In Dollars

The underlying of Gold Quanto futures is Indian Gold spot purity 995 and that of Silver Quanto futures is Indian Silver spot purity 999.

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India May See 19.2% GDP Drop, Worst Among Major Asian Nations: Analysts

With more than 65,000 new infections a day and total cases topping 3 million in a country of 1.3 billion, India's road to recovery appears a long and hard one.

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Adani Group To Buy 74% Stake In Mumbai Airport

Adani Airport Holdings has "entered into an agreement to acquire the debt of GVK Airport Developers", Adani Enterprise said.

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BSE's India INX Launches Gold, Silver Futures Contracts In Dollars

The Gold Quanto futures will have Indian Gold spot purity 995 as the underlying and Silver Quanto futures will have Indian Silver spot purity 999 as the underlying.

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India May See 19.2% GDP Drop, Worst Among Major Asian Nations: Analysts

With more than 65,000 new infections a day and total cases topping 3 million in a country of 1.3 billion, India's road to recovery appears a long and hard one.

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Reliance Industries Gains Over 2% On Future Group Acquisition

Reliance Industries on Saturday announced the acquisition of the retail, wholesale, logistics and warehousing businesses of the Future Group for Rs 24,713 crore through its subsidiary, Reliance Retail...

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Reliance Industries Gains Over 2% On Future Group Acquisition

Reliance Industries on Saturday announced the acquisition of the retail, wholesale, logistics and warehousing businesses of the Future Group for Rs 24,713 crore through its subsidiary, Reliance Retail...

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Sensex Jumps Over 500 Points, Nifty Tops 11,750 As Banking Stocks Soar

Official data on the country's gross domestic product (GDP) will be released at 5:30 pm today.

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Sensex Jumps Over 500 Points, Nifty Tops 11,750 As Banking Stocks Soar

Official data on the country's gross domestic product (GDP) will be released at 5:30 pm today.

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Petrol, Diesel Prices Remain Unchanged On Monday

In Delhi, the price of petrol remained unchanged at Rs 82.03 paise per litre and diesel was untouched at Rs 73.56 per litre, according to Indian Oil Corporation.

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Sensex, Nifty Likely To Have A Firm Opening

Asian shares notched a fresh two-year high on Monday as investors wagered monetary and fiscal policies globally would stay super stimulatory for a protracted period.

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GDP Data For June Quarter To Be Released Today: 10 Things To Know

India's gross domestic product or GDP is widely expected to have shrunk in the April-June period, as data covering the quarter fully captures the damage caused by the fast-spreading coronavirus...

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Petrol, Diesel Prices Remain Unchanged On Monday

In Delhi, the price of petrol remained unchanged at Rs 82.03 paise per litre and diesel was untouched at Rs 73.56 per litre, according to Indian Oil Corporation.

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Sensex, Nifty Likely To Have A Firm Opening

Asian shares notched a fresh two-year high on Monday as investors wagered monetary and fiscal policies globally would stay super stimulatory for a protracted period.

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GDP Data For June Quarter To Be Released Today: 10 Things To Know

India's gross domestic product or GDP is widely expected to have shrunk in the April-June period, as data covering the quarter fully captures the damage caused by the fast-spreading coronavirus...

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Don't Levy Charges On Electronic Transactions: Finance Ministry To Banks

The Ministry of Finance has advised banks not to collect any charges on transactions or payments made through electronic mode, the Central Board of Direct Taxes said on Sunday.

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One Nation One Health Card: All You Need To Know

The 'One Nation One Health Card' will digitize the health records of all Indians, making patient data accessible and inclusive in one card.

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Don't Levy Charges On Electronic Transactions: Finance Ministry To Banks

The Ministry of Finance has advised banks not to collect any charges on transactions or payments made through electronic mode, the Central Board of Direct Taxes said on Sunday.

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One Nation One Health Card: All You Need To Know

The 'One Nation One Health Card' will digitize the health records of all Indians, making patient data accessible and inclusive in one card.

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Saturday, August 29, 2020

India INX To Launch Gold, Silver Futures Contracts In Dollars On Monday

Gold Quanto futures will have Indian Gold spot purity 995 as underlying and Silver Quanto futures will have Indian Silver spot purity 999 as underlying.

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India INX To Launch Gold, Silver Futures Contracts In Dollars On Monday

Gold Quanto futures will have Indian Gold spot purity 995 as underlying and Silver Quanto futures will have Indian Silver spot purity 999 as underlying.

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Petrol Prices Hiked by 9-10 Paise On Sunday; Diesel Remains Unchanged

In Delhi, the price of petrol was increased by 9 paise from Rs 81.94 per litre to Rs 82.03 paise, according to Indian Oil Corporation.

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Petrol Prices Hiked by 9-10 Paise On Sunday; Diesel Remains Unchanged

In Delhi, the price of petrol was increased by 9 paise from Rs 81.94 per litre to Rs 82.03 paise, according to Indian Oil Corporation.

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How Price Of Government-Run Gold Bond Scheme Is Calculated

The issue price of Rs 5,117 per gram, for example, is based on the closing prices of gold jewellery from August 26 to 28 provided by industry body IBJA.

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Sovereign Gold Bonds To Be Available For Last 5 Days: 10 Things To Know

The Sovereign Gold Bond scheme will be available for subscription for the final five days of this year. On Monday, the government-run gold bond scheme will open for subscription for a period of five...

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Sovereign Gold Bonds To Be Available For Last 5 Days: 10 Things To Know

The Sovereign Gold Bond scheme will be available for subscription for the final five days of this year. On Monday, the government-run gold bond scheme will open for subscription for a period of five...

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Petrol, Diesel Rates Unchanged In Metros

Currently, petrol and diesel prices vary in different parts of the country due to factors such as crude oil and foreign exchange rates, and local taxes.

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Petrol, Diesel Rates Unchanged In Metros

Currently, petrol and diesel prices vary in different parts of the country due to factors such as crude oil and foreign exchange rates, and local taxes.

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How To Know Current Petrol And Diesel Prices Through SMS

A user can find information on latest petrol and diesel prices applicable in different parts of the country by sending an SMS in a particular format suggested by Indian Oil.

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Petrol Prices Raised In Metros, Diesel Rates Unchanged

Currently, petrol and diesel prices vary in different parts of the country due to factors such as crude oil and foreign exchange rates, and local taxes.

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How To Know Current Petrol And Diesel Prices Through SMS

A user can find information on latest petrol and diesel prices applicable in different parts of the country by sending an SMS in a particular format suggested by Indian Oil.

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via

Petrol Prices Raised In Metros, Diesel Rates Unchanged

Currently, petrol and diesel prices vary in different parts of the country due to factors such as crude oil and foreign exchange rates, and local taxes.

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Government Asks States To Borrow Rs 2.35 Lakh Crore To Meet Tax Shortfall

Revenue Secretary Ajay Bhushan Pandey said the states' tax shortfall in the fiscal year that began in April was estimated at Rs 3 lakh crore.

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India's Kharif Crop Plantings At Record High Amid Plentiful Monsoon Rains

The farm ministry could revise its preliminary planting figures, however, as more data flows in from states.

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Government Asks States To Borrow Rs 2.35 Lakh Crore To Meet Tax Shortfall

Revenue Secretary Ajay Bhushan Pandey said the states' tax shortfall in the fiscal year that began in April was estimated at Rs 3 lakh crore.

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India's Kharif Crop Plantings At Record High Amid Plentiful Monsoon Rains

The farm ministry could revise its preliminary planting figures, however, as more data flows in from states.

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Friday, August 28, 2020

Gold Price Jumps Over 2% On Weakening Dollar, US Monetary Policy Shift

Low interest rates tend to support gold, which is a hedge against inflation and currency depreciation.

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Rupee Posts Biggest Weekly Gain In 20 Months

The currency had been trading in a tight range until this week, as the Reserve Bank of India was seen regularly buying dollars via state-run banks to prevent a sharp appreciation in the rupee.

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India Gold Discounts Hit 5-Month High As Easing Rate Fails To Push Demand

A Mumbai-based dealer with a bullion importing bank attributed the higher discounts to rising scrap supplies amid low demand.

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Banks Appointment Panel Recommends Dinesh Kumar Khara For SBI Top Job

SBI reported an 81 per cent surge in profit and better asset quality in the quarter to June as its bad loan provisions dropped. It provided a steady outlook for the coming quarters.

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Insurers Should Work To Make Claims Painless: Anurag Thakur

Minister of State for Finance and Corporate Affairs Anurag Thakur said that the post-COVID world will be very different and India's insurance sector must gear up to seize the moment.

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Gold Price Jumps Over 2% On Weakening Dollar, US Monetary Policy Shift

Low interest rates tend to support gold, which is a hedge against inflation and currency depreciation.

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via

Rupee Posts Biggest Weekly Gain In 20 Months

The currency had been trading in a tight range until this week, as the Reserve Bank of India was seen regularly buying dollars via state-run banks to prevent a sharp appreciation in the rupee.

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India Gold Discounts Hit 5-Month High As Easing Rate Fails To Push Demand

A Mumbai-based dealer with a bullion importing bank attributed the higher discounts to rising scrap supplies amid low demand.

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Banks Appointment Panel Recommends Dinesh Kumar Khara For SBI Top Job

SBI reported an 81 per cent surge in profit and better asset quality in the quarter to June as its bad loan provisions dropped. It provided a steady outlook for the coming quarters.

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Insurers Should Work To Make Claims Painless: Anurag Thakur

Minister of State for Finance and Corporate Affairs Anurag Thakur said that the post-COVID world will be very different and India's insurance sector must gear up to seize the moment.

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Thursday, August 27, 2020

Domestic Gold Futures Move In Rs 350 Range As Global Rates Inch Higher

At 11:22 am, the MCX gold futures contract quoted at Rs 50,972, up Rs 70 - or 0.14 per cent - compared to its previous close.

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Rupee Opens Flat Against US Dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.19 per cent to 92.82.

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Crude Oil Price Steady As US Companies Avoid Worst Of Storm

Brent crude futures for October, set to expire on Friday, rose 2 cents to $45.11 a barrel, heading for a 1.7 per cent weekly gain.

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Spot Gold Recovers Some Ground As Slowdown Fears Persist Amid COVID-19

Rising coronavirus cases has cast a shadow on hopes of quick economic recovery and has prompted central banks to reduce interest rates and loosen their monetary stance, helping gold prices climb 28...

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Defence Shares Rally After PM Modi Calls For Self-Reliance In Production

PM Modi said India's self-reliance on defence capabilities will boost its standing of being a net security provider in the Indian Ocean.

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COVID-19 Crisis: United Airlines Announces Its Biggest Pilot Job Cut Ever

Chicago-based United is more exposed than its peers to international travel, which is expected to take longer to rebound from the pandemic.

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Rupee Hits Over 5-Month High On Dollar Inflows; RBI Eyed

The partially convertible rupee rose to a high of 73.5150 per dollar, its strongest since March 5. It had closed at 73.83 on Thursday.

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Domestic Gold Futures Move In Rs 350 Range As Global Rates Inch Higher

At 11:22 am, the MCX gold futures contract quoted at Rs 50,972, up Rs 70 - or 0.14 per cent - compared to its previous close.

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Rupee Opens Flat Against US Dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.19 per cent to 92.82.

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Crude Oil Price Steady As US Companies Avoid Worst Of Storm

Brent crude futures for October, set to expire on Friday, rose 2 cents to $45.11 a barrel, heading for a 1.7 per cent weekly gain.

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Spot Gold Recovers Some Ground As Slowdown Fears Persist Amid COVID-19

Rising coronavirus cases has cast a shadow on hopes of quick economic recovery and has prompted central banks to reduce interest rates and loosen their monetary stance, helping gold prices climb 28...

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Defence Shares Rally After PM Modi Calls For Self-Reliance In Production

PM Modi said India's self-reliance on defence capabilities will boost its standing of being a net security provider in the Indian Ocean.

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COVID-19 Crisis: United Airlines Announces Its Biggest Pilot Job Cut Ever

Chicago-based United is more exposed than its peers to international travel, which is expected to take longer to rebound from the pandemic.

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Covid Crisis Makes Predicting India's GDP Growth Harder

Forecasts for GDP in the quarter through June range from a contraction of 15 per cent to a decline of 25.9 per cent, with a median estimate of -19.2 per cent.

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Sensex, Nifty Gain After US Central Bank Policy Shift

At 9:59 am, the Sensex traded 0.46 per cent - or 181.26 points - higher at 39,294.73, while the Nifty was up 0.48 per cent - or 55.45 points - at 11,614.70.

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Covid Crisis Makes Predicting India's GDP Growth Harder

Forecasts for GDP in the quarter through June range from a contraction of 15 per cent to a decline of 25.9 per cent, with a median estimate of -19.2 per cent.

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Sensex, Nifty Gain After US Central Bank Policy Shift

At 9:59 am, the Sensex traded 0.46 per cent - or 181.26 points - higher at 39,294.73, while the Nifty was up 0.48 per cent - or 55.45 points - at 11,614.70.

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In A Shift, US Central Bank Rewrites Approach To Inflation, Jobs Market

The policy shift is arguably the biggest for the Fed since Paul Volcker remade the central bank into an inflation-slaying force four decades ago, when prices were spiraling higher.

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In A Shift, US Central Bank Rewrites Approach To Inflation, Jobs Market

The policy shift is arguably the biggest for the Fed since Paul Volcker remade the central bank into an inflation-slaying force four decades ago, when prices were spiraling higher.

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Sensex Gains Over 200 Points After US Central Bank's Policy Shift

Federal Reserve Chairman Jerome Powell laid out a policy that aims for 2 per cent inflation on average so that too low a pace would be followed by an effort to lift inflation.

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Sensex, Nifty Open Higher After US Central Bank's Policy Shift

Federal Reserve Chairman Jerome Powell laid out a policy that aims for 2 per cent inflation on average so that too low a pace would be followed by an effort to lift inflation.

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Start Funding 6 Amrapali Group Projects: Top Court To SBICAP Ventures

The top court asked the Centre to consider as a special case and provide the remaining money for construction of other stalled projects from the stress funds created for the real estate sector.

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SBI Capital Markets Asked To Start Funding 6 Amrapali Group Projects

The top court asked the Centre to consider as a special case and provide the remaining money for construction of other stalled projects from the stress funds created for the real estate sector.

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Sensex, Nifty On Course To End Higher For Fifth Day

Markets globally are still focused on the endless liquidity being pumped out by central banks.

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Real Estate Shares Rally After Maharashtra Government Slashes Stamp Duty

The state government on Wednesday decided to slash stamp duty on sale deed documents by 3 per cent from September 1 to December 31, 2020.

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Risk Aversion Will Be Self-Defeating For Banks: Shaktikanta Das

Mr Das said that rather than becoming averse to lending, banks have to improve their risk management and governance frameworks, and also build sufficient resilience.

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Real Estate Shares Rally After Maharashtra Government Slashes Stamp Duty

The state government on Wednesday decided to slash stamp duty on sale deed documents by 3 per cent from September 1 to December 31, 2020.

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Risk Aversion Will Be Self-Defeating For Banks: Shaktikanta Das

Mr Das said that rather than becoming averse to lending, banks have to improve their risk management and governance frameworks, and also build sufficient resilience.

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Wednesday, August 26, 2020

Government to Divest up to 15% Stake in Hindustan Aeronautics

The floor price for the offer has been fixed at Rs 1,001 per share, which is a 15 per cent discount to Wednesday's closing price of Rs 1,177.75.

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Company With No Sales Gains 4,300% In Small Stocks Boom

Transglobe Foods Ltd, a fruit-jam maker has skyrocketed more than 4,300 per cent this year and real-estate services firm Shree Precoated Steels Ltd. has jumped over 1,300 per cent.

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Government to Divest up to 15% Stake in Hindustan Aeronautics

The floor price for the offer has been fixed at Rs 1,001 per share, which is a 15 per cent discount to Wednesday's closing price of Rs 1,177.75.

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Company With No Sales Gains 4,300% In Small Stocks Boom

Transglobe Foods Ltd, a fruit-jam maker has skyrocketed more than 4,300 per cent this year and real-estate services firm Shree Precoated Steels Ltd. has jumped over 1,300 per cent.

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TikTok CEO Kevin Mayer Quits

California-based TikTok and its Chinese parent ByteDance rejected what they called the White House's position that it was a national security threat.

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Nirmala Sitharaman To Chair GST Council Meeting, To Discuss Compensation

GST Council Meet: The meeting will discuss compensation to states and attempt to evolve a consensus on borrowing from the market to reimburse states for their revenue shortfall.

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Nirmala Sitharaman To Chair GST Council Meet: LIVE Updates

GST Council Meeting Updates: The 41st meeting of the GST Council comes at a time when many states have complained of not receiving adequate funds as GST compensation.

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TikTok CEO Kevin Mayer Quits

California-based TikTok and its Chinese parent ByteDance rejected what they called the White House's position that it was a national security threat.

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Nirmala Sitharaman To Chair GST Council Meeting, To Discuss Compensation

GST Council Meet: The meeting will discuss compensation to states and attempt to evolve a consensus on borrowing from the market to reimburse states for their revenue shortfall.

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Nirmala Sitharaman To Chair GST Council Meet: LIVE Updates

GST Council Meeting Updates: The 41st meeting of the GST Council comes at a time when many states have complained of not receiving adequate funds as GST compensation.

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Nikola Founder Giving First 50 Employees His Own Stock Worth $233 Million

The stock has surged since Nikola started trading on the Nasdaq via a reverse merger in early June, driven by investor appetite for electric-vehicle manufacturers.

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Nikola Founder Giving First 50 Employees His Own Stock Worth $233 Million

The stock has surged since Nikola started trading on the Nasdaq via a reverse merger in early June, driven by investor appetite for electric-vehicle manufacturers.

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Sensex Rises Over 200 Points, Nifty Tops 11,600 Led By Financial Stocks

Markets globally are still focused on the endless liquidity being pumped out by central banks.

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Sensex Rises Over 200 Points, Nifty Tops 11,600 Led By Financial Stocks

Markets globally are still focused on the endless liquidity being pumped out by central banks.

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Petrol Price Hiked To Rs 81.83 Per Litre In Delhi, Diesel Unchanged

In Delhi, the price of petrol was raised to Rs 81.83 from Rs 81.73 per litre, whilediesel prices werekept steady at Rs 73.56 per litre,according to Indian Oil Corporation.

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Sensex, Nifty Likely To Have A Cautious Start

Finance Minister Nirmala Sitharaman will chair the 41st Goods and Services Tax Council meeting, which will begin at 11 am through video conferencing.

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Petrol Price Hiked To Rs 81.83 Per Litre In Delhi, Diesel Unchanged

In Delhi, the price of petrol was raised to Rs 81.83 from Rs 81.73 per litre, whilediesel prices werekept steady at Rs 73.56 per litre,according to Indian Oil Corporation.

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Sensex, Nifty Likely To Have A Cautious Start

Finance Minister Nirmala Sitharaman will chair the 41st Goods and Services Tax Council meeting, which will begin at 11 am through video conferencing.

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Crude Oil Price Edges Higher To $46 Per Barrel Mark On US Output Cut

Crude Oil Price: At 1:31 pm, Brent futures traded 0.22 per cent higher at $45.96 per barrel, but WTI futures were down 0.07 per cent at $43.32 per barrel.

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All You Need To Know About Current Gold And Silver Rates

Gold and silver jewellery prices vary in different parts of the country due to factors such as local taxes and making charges.

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All You Need To Know About Current Gold And Silver Rates

Gold and silver jewellery prices vary in different parts of the country due to factors such as local taxes and making charges.

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...Because You Locked Down Entire Country": Supreme Court Rebukes Centre

The top court was hearing petitions that wanted waiver of interest to be levied on loan repayment during moratorium period in lockdown.

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...Because You Locked Down Entire Country": Supreme Court Rebukes Centre

The top court was hearing petitions that wanted waiver of interest to be levied on loan repayment during moratorium period in lockdown.

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Tuesday, August 25, 2020

Silver Lining For Some Start-Ups Amid Covid-19 Pandemic

Analysts believe the rate of success for a start-up is based on the idea and the timing of the implementation.

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Auto Stocks Rise Upto 5% On Tax Cut Hopes

Speaking to industry executives at a virtual briefing, Ms Nirmala Sitharaman said lowering taxes on some types of vehicles was a "good suggestion".

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Bad Bank Not Only Necessary But Unavoidable: D Subbarao

Much of the resolution will have to take place outside the Insolvency and Bankruptcy Code framework, former Reserve Bank of India Governor D Subbarao said.

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Sensex Falls Over 200 Points From Day's High As Markets Erase Early Gains

Analysts awaited the release of official data on the country's gross domestic product due next week for more clarity on the damage caused by the coronavirus pandemic.

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Silver Lining For Some Start-Ups Amid Covid-19 Pandemic

Analysts believe the rate of success for a start-up is based on the idea and the timing of the implementation.

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Auto Stocks Rise Upto 5% On Tax Cut Hopes

Speaking to industry executives at a virtual briefing, Ms Nirmala Sitharaman said lowering taxes on some types of vehicles was a "good suggestion".

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Bad Bank Not Only Necessary But Unavoidable: D Subbarao

Much of the resolution will have to take place outside the Insolvency and Bankruptcy Code framework, former Reserve Bank of India Governor D Subbarao said.

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Sensex Falls Over 200 Points From Day's High As Markets Erase Early Gains

Analysts awaited the release of official data on the country's gross domestic product due next week for more clarity on the damage caused by the coronavirus pandemic.

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Covid Shock To Consumption Severe, Demand Recovery Will Take Time: RBI

RBI said that demand in the economy is likely to take more time to mend in the absence of greater fiscal support, even as the government is constrained in its ability to provide more stimulus.

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Covid Shock To Consumption Severe, Demand Recovery Will Take Time: RBI

RBI said that demand in the economy is likely to take more time to mend in the absence of greater fiscal support, even as the government is constrained in its ability to provide more stimulus.

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Sensex Rises Over 100 Points, Nifty Tops 11,500; Auto, Banking Stocks Up

Analysts awaited the release of official data on the country's gross domestic product (GDP) due next week for cues.

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Sensex Rises Over 100 Points, Nifty Tops 11,500; Auto, Banking Stocks Up

Analysts awaited the release of official data on the country's gross domestic product (GDP) due next week for cues.

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In Absence Of Funds, PMC Bank Depositors Survive On Loans, Charity

Withdrawal cap has left many of PMC's over 900,000 depositors in deep difficulty, with some struggling to clear loans and others depending on friends for their groceries.

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Petrol Price Hike Paused After Six Days, On Wednesday

In Delhi, the price of petrol was steady at Rs 81.73 per litre, whilediesel prices werekept steady at Rs 73.56 per litre,according to Indian Oil Corporation.

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In Absence Of Funds, PMC Bank Depositors Survive On Loans, Charity

Withdrawal cap has left many of PMC's over 900,000 depositors in deep difficulty, with some struggling to clear loans and others depending on friends for their groceries.

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Petrol Price Hike Paused After Six Days, On Wednesday

In Delhi, the price of petrol was steady at Rs 81.73 per litre, whilediesel prices werekept steady at Rs 73.56 per litre,according to Indian Oil Corporation.

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Sensex, Nifty Likely To Have A Subdued Opening

The domestic stock markets are likely to have a subdued start, following cautious cues from the Asian bourses and listless trading on SGX Niftyfutures.

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Sensex, Nifty Likely To Have A Subdued Opening

The domestic stock markets are likely to have subdued start, following cautious cues from the Asian bourses and listless trading on SGX Niftyfutures.

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Rupee Ends Volatile Session Flat At 74.32 Against Dollar

At the current level, the rupee has recovered 3.34 per cent against the dollar since an all-time low of 76.91 registered in April.

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Sensex, Nifty Turn Flat; Reliance Industries, HDFC Bank Drag

Markets worldwide were boosted after US regulators on Sunday authorised the use of blood plasma from recovered COVID-19 patients as a treatment option.

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Allcargo Logistics Locked In 20% On Delisting Proposal From Promoters

Promoters of Allcargo Logistics currently hold 17,20,22,209 equity shares aggregating to 70.01% of the paid-up equity share capital of the company.

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Sensex, Nifty Turn Flat; Reliance Industries, HDFC Bank Drag

Markets worldwide were boosted after US regulators on Sunday authorised the use of blood plasma from recovered COVID-19 patients as a treatment option.

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Allcargo Logistics Locked In 20% On Delisting Proposal From Promoters

Promoters of Allcargo Logistics currently hold 17,20,22,209 equity shares aggregating to 70.01% of the paid-up equity share capital of the company.

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Opinion: Adani Joins Ambani In Attempting Full-On Dominance

The concentration of economic power in aviation infrastructure is now symptomatic of a broader trend in India, particularly in businesses where the government supplies a key ingredient.

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Economic Contraction To Extend To September Quarter: RBI Annual Report

The RBI's total income increased 28.97 per cent to Rs 1,93,036 crore in the year 2019-20, compared to Rs 1,49,672 crore in the corresponding period a year ago.

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LIC Housing Finance Surges After Profit Rises 34% In June Quarter

LIC Housing Finance shares surged as much as 11.45 per cent, the most in a day since May 26, to hit an intraday high of Rs 308.

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Opinion: Adani Joins Ambani In Attempting Full-On Dominance

The concentration of economic power in aviation infrastructure is now symptomatic of a broader trend in India, particularly in businesses where the government supplies a key ingredient.

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Economic Contraction To Extend To September Quarter: RBI Annual Report

The RBI's total income increased 28.97 per cent to Rs 1,93,036 crore in the year 2019-20, compared to Rs 1,49,672 crore in the corresponding period a year ago.

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LIC Housing Finance Surges After Profit Rises 34% In June Quarter

LIC Housing Finance shares surged as much as 11.45 per cent, the most in a day since May 26, to hit an intraday high of Rs 308.

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Monday, August 24, 2020

Eicher Motors Extends Gains By Over 3% On Stock Split

The shares of the company have been divided from one existing equity share with face value of Rs 10 each into ten equity shares of face value of Rs 1 each.

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Eicher Motors Extends Gains By Over 3% On Stock Split

The shares of the company have been divided from one existing equity share with face value of Rs 10 each into ten equity shares of face value of Rs 1 each.

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RBI Announces Liquidity Operations Worth Rs 20,000 Crore

The Reserve Bank of India on Tuesday announced sale and purchase of G-Secs or government securities worth Rs 20,000 crore. In a statement, the RBI said it decided to conduct open market operation...

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Spot Gold Ticks Higher To $1,936; Focus Turns To Fed Chair's Speech

Spot gold was up 0.2 per cent at $1,935.88 per ounce. US gold futures gained 0.1 per cent at $1,941.60 per ounce.

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RBI Announces Liquidity Operations Worth Rs 20,000 Crore

The move comes days after minutes of its last policy review showed the RBI acknowledges there is room for further rate cut but is unlikely to implement it any time soon due to rising inflation.

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Spot Gold Ticks Higher To $1,936; Focus Turns To Fed Chair's Speech

Spot gold was up 0.2 per cent at $1,935.88 per ounce. US gold futures gained 0.1 per cent at $1,941.60 per ounce.

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Sensex Rises Over 150 Points, Nifty Tops 11,500 Tracking Global Markets

Markets worldwide were boosted after US regulators on Sunday authorised the use of blood plasma from recovered COVID-19 patients as a treatment option.

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Sensex Rises Over 150 Points, Nifty Tops 11,500 Tracking Global Markets

Markets worldwide were boosted after US regulators on Sunday authorised the use of blood plasma from recovered COVID-19 patients as a treatment option.

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Petrol Prices Hiked For Sixth Consecutive Day On Tuesday

The prices of petrol were raised by 9-11paise per litre in Delhi, Mumbai, Kolkata and Chennai with effect from 6 am on August 25,according to Indian Oil Corporation.

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Sensex, Nifty Likely To Have A Flat Opening

The domestic markets are likely to open flat, ignoring the positive cues from US and Asian markets, going by indications from SGX Nifty.

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Petrol Prices Hiked For Sixth Consecutive Day On Tuesday

The prices of petrol were raised by 9-11paise per litre in Delhi, Mumbai, Kolkata and Chennai with effect from 6 am on August 25,according to Indian Oil Corporation.

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Sensex, Nifty Likely To Have A Flat Opening

The domestic markets are likely to open flat, ignoring the positive cues from US and Asian markets, going by indications from SGX Nifty.

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Rupee Gains By 53 Paise, Closes At 74.32 Against Dollar

Strength in domestic equities and weakness in the dollar overseas supported the rupee, according to analysts.

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Finance Ministry Lists GST Gains On Arun Jaitley's Death Anniversary

Arun Jaitley held the finance ministry when the the GST was implemented in July 2017

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MCX Launches Bulldex, India's First Bullion Index

Bulldex has gold and silver as underlying, with gold having a weightage of 70.52 per cent and silver accounting for the remaining 29.48 per cent.

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Sensex Rises Over 400 Points, Nifty Marches Towards 11,500 Led By Banks

Eight of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Private Bank index's 2.5 per cent gain.

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Rupee Gains By 53 Paise, Closes At 74.32 Against Dollar

Strength in domestic equities and weakness in the dollar overseas supported the rupee, according to analysts.

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Finance Ministry Lists GST Gains On Arun Jaitley's Death Anniversary

Arun Jaitley held the finance ministry when the the GST was implemented in July 2017

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MCX Launches Bulldex, India's First Bullion Index

Bulldex has gold and silver as underlying, with gold having a weightage of 70.52 per cent and silver accounting for the remaining 29.48 per cent.

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Crude Oil Inches Towards $45 Per Barrel Mark As Storms Loom Over Output

Crude Oil Price Today: At 1:38 pm, Brent traded 0.70 per cent higher at $44.66 per barrel while WTI quoted at $42.63 per barrel, up 0.68 per cent.

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Crude Oil Inches Towards $45 Per Barrel Mark As Storms Loom Over Output

Crude Oil Price Today: At 1:38 pm, Brent traded 0.70 per cent higher at $44.66 per barrel while WTI quoted at $42.63 per barrel, up 0.68 per cent.

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Banks Surge After RBI Chief Says Loan Restructuring Will Help Economy

The gauge of banking shares on the National Stock Exchange - Nifty Bank index -surged as much as 2.38 per cent or 531 points.

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Banks Surge After RBI Chief Says Loan Restructuring Will Help Economy

The gauge of banking shares on the National Stock Exchange - Nifty Bank index -surged as much as 2.38 per cent or 531 points.

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Sunday, August 23, 2020

IT Stocks Under Pressure In A Firm Market

Information technology shares were under pressure in an otherwise strong marketdue to across-the-board selling in IT stocks, triggered by weakness in Infosys and Tech Mahindra.

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IT Stocks Under Pressure In A Firm Market

Information technology shares were under pressure in an otherwise strong marketdue to across-the-board selling in IT stocks, triggered by weakness in Infosys and Tech Mahindra.

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ICICI Lombard To Buy Bharti AXA General Insurance

The deal will create India's third largest non-life insurance company, with a combined annual premium of Rs 16,447 crore and a market share of nearly 8.7 per cent.

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Loan Restructuring Plan Will Help Revive Economy, Says RBI Chief: Report

Speaking in Hindi, Reserve Bank of India Governor Shaktikanta Das said the moratorium was a "temporary solution" for lockdown and not a permanent fix.

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ICICI Lombard To Buy Bharti AXA General Insurance

The deal will create India's third largest non-life insurance company, with a combined annual premium of Rs 16,447 crore and a market share of nearly 8.7 per cent.

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Loan Restructuring Plan Will Help Revive Economy, Says RBI Chief: Report

Speaking in Hindi, Reserve Bank of India Governor Shaktikanta Das said the moratorium was a "temporary solution" for lockdown and not a permanent fix.

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Sensex Rises Over 200 Points Tracking Global Markets

Asian shares advanced for a second straight session on Monday, underpinned by hopes of recovery from coronavirus after the US Food & Drug Administration (FDA) authorised the use of blood plasma from...

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Sensex Rises Over 200 Points Tracking Global Markets

Asian shares advanced for a second straight session on Monday, underpinned by hopes of recovery from coronavirus after the US Food & Drug Administration (FDA) authorised the use of blood plasma from...

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Petrol Prices Hiked For Fifth Consecutive Day, Diesel Remains Unchanged

In Delhi, the price of petrol was revised to Rs 81.62 from Rs 81.49 per litre, whilediesel prices was kept steady at Rs 73.56 per litre.

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Sensex, Nifty Likely To Have A Firm Opening

The domestic stock markets are likely to start the week on a positive note, continuing with the gains seen in the previous week, going by early indications from SGX Nifty.

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Petrol Prices Hiked For Fifth Consecutive Day, Diesel Remains Unchanged

In Delhi, the price of petrol was revised to Rs 81.62 from Rs 81.49 per litre, whilediesel prices was kept steady at Rs 73.56 per litre.

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Sensex, Nifty Likely To Have A Firm Opening

The domestic stock markets are likely to start the week on a positive note, continuing with the gains seen in the previous week, going by early indications from SGX Nifty.

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Things To Do If A Credit Card Is Lost Or Stolen

Credit card can be blocked through many ways, such as calling the call centre, sending an SMS in the specified format, and through internet banking facility and apps of the respective banks.

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Things To Do If A Credit Card Is Lost Or Stolen

Credit card can be blocked through many ways, such as calling the call centre, sending an SMS in the specified format, and through internet banking facility and apps of the respective banks.

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Saturday, August 22, 2020

MCX To Launch India's First Bullion Index On Monday

"MCX iCOMDEX Bullion Index Futures contracts, expiring September, October and November, will be available for trading with effect from August 24," the commodity exchange had said in a circular last...

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MCX To Launch India's First Bullion Index On Monday

"MCX iCOMDEX Bullion Index Futures contracts, expiring September, October and November, will be available for trading with effect from August 24," the commodity exchange had said in a circular last...

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Petrol Prices Hiked Again On Sunday, Diesel Remains Untouched

In Delhi, the price of petrol was revised to Rs 81.49 from Rs 81.35 per litre, while that of diesel was kept steady at Rs 73.56 per litre.

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Petrol Prices Hiked Again On Sunday, Diesel Remains Untouched

In Delhi, the price of petrol was revised to Rs 81.49 from Rs 81.35 per litre, while that of diesel was kept steady at Rs 73.56 per litre.

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How To Verify Aadhaar-Registered Mobile Number

One can verify a UID - or Aadhaar number - either through the UIDAI's website, uidai.gov.in, or through mobile app mAadhaar.

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How To Verify Aadhaar-Registered Mobile Number

One can verify a UID - or Aadhaar number - either through the UIDAI's website, uidai.gov.in, or through mobile app mAadhaar.

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Domestic Gold Futures Edge Lower, But Hold Rs 52,000 Level

Gold jewellery price stood at Rs 51,973 per 10 grams excluding Goods and Services Tax, according to Mumbai-based industry body India Bullion and Jewellers Association (IBJA).

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Domestic Gold Futures Ease Over 1% In 5 Days, Second Straight Weekly Loss

On August 7, MCX gold futures had registered an all-time high of Rs 56,191 tracking a rally in the international market.

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Domestic Gold Futures Edge Lower, But Hold Rs 52,000 Level

Gold jewellery price stood at Rs 51,973 per 10 grams excluding Goods and Services Tax, according to Mumbai-based industry body India Bullion and Jewellers Association (IBJA).

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Domestic Gold Futures Ease Over 1% In 5 Days, Second Straight Weekly Loss

On August 7, MCX gold futures had registered an all-time high of Rs 56,191 tracking a rally in the international market.

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Discounts By India's Physical Gold Dealers Highest In One And Half Months

Discounts of up to $20 an ounce were offered against official domestic prices including 12.5% import and 3% sales levies versus the $2 premiums last week.

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Government Asks Power Companies To Cap Surcharge On Late Payments

The government has taken several measures to mitigate the impact which include rebate on capacity charges, relaxing provisions of letter of credit for scheduling of power and liquidity infusion...

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Discounts By India's Physical Gold Dealers Highest In One And Half Months

Discounts of up to $20 an ounce were offered against official domestic prices including 12.5% import and 3% sales levies versus the $2 premiums last week.

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Government Asks Power Companies To Cap Surcharge On Late Payments

The government has taken several measures to mitigate the impact which include rebate on capacity charges, relaxing provisions of letter of credit for scheduling of power and liquidity infusion...

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All You Need To Know About Latest LPG (Cooking Gas) Prices

Currently, the government provides subsidy on 12 cylinders of 14.2 kilograms each per household per year. Customer have to pay market rates for any additional cylinders.

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All You Need To Know About Latest LPG (Cooking Gas) Prices

Currently, the government provides subsidy on 12 cylinders of 14.2 kilograms each per household per year. Customer have to pay market rates for any additional cylinders.

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Middle East Share Of India's Oil Imports At Over 2-Year High: Report

Analysts said lower fuel demand and paltry refining margins had driven a preference for Middle Eastern sour grades over sweet African barrels.

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Middle East Share Of India's Oil Imports At Over 2-Year High: Report

Analysts said lower fuel demand and paltry refining margins had driven a preference for Middle Eastern sour grades over sweet African barrels.

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Petrol Rate Hiked In Metros, Diesel Unchanged

Currently, fuel prices vary in different parts of the country due to factors such as price of crude oil, foreign exchange rate and local taxes.

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Petrol Rate Hiked In Metros, Diesel Unchanged

Currently, fuel prices vary in different parts of the country due to factors such as price of crude oil, foreign exchange rate and local taxes.

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Top Court Seeks Details On Dues Of Telecom Firms SharingSpectrum

AGR Case: The Supreme Court was hearing a batch of petitions seeking staggered payment of dues to the tune of around Rs 92,000 crore to the government by various telecom companies.

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Friday, August 21, 2020

Top Court Seeks Details On Dues Of Telecom Firms SharingSpectrum

A three-judge bench, headed by Justice Arun Mishra, asked the DoT Secretary to file the detailed reply on the past dues, dates of grant and transfer of licenses and adjourned the matter for further...

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Rupee Gains By 18 Paise To Close At 74.85 Against Dollar

Gains in the domestic equity markets supported the rupee but strength in the greenback overseas put pressure on the rupee, say analysts.

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Sensex, Nifty Register Weekly Gain Of Nearly 2%

Investors were counting on business activity bouncing back in India, which has helped beaten-down stocks in sectors such as real estate see a revival, analysts said on Friday.

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Rupee Gains By 18 Paise To Return To 74 Levels Against Dollar

Gains in the domestic equity markets supported the rupee but strength in the greenback overseas put pressure on the rupee, say analysts.

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Sensex, Nifty Resume Up Move After A Day's Pause

Buying was visible across the sectors as thirteen of 19 sector gauges compiled by the BSE ended higher.

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All You Need To Know About Crude Oil Price Today

Crude Oil Price: In April, the contract had hit a 21-year low of $15.98 per barrel as the coronavirus pandemic-induced lockdowns hampered global oil demand.

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Sensex, Nifty Resume Up Move After A Day's Pause

The Sensex ended 214 points or 0.56 per cent higher at 38,435 and Nifty 50 index climbed 0.53 per cent or 59 points to close at 11,372.

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All You Need To Know About Crude Oil Price Today

In April, the contract had hit a 21-year low of $15.98 per barrel as the coronavirus pandemic-induced lockdowns hampered global oil demand.

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New Enrolments In EPFO Up By 8.47 Lakh In First Quarter, Says Government

In June, EPFO witnessed an addition of 6.55 lakh net subscribers registering a 280 per cent month-on-month growth

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New Enrolments In EPFO Up By 8.47 Lakh In First Quarter, Says Government

In June, EPFO witnessed an addition of 6.55 lakh net subscribers registering a 280 per cent month-on-month growth

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IRCTC Shares Edge Up 1% As Government Invites Bids For Further Stake Sale

The government currently holds 87.40 per cent stake in IRCTC and to meet Sebi's norms it needs tobe brought down to 75 per cent

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In Bankruptcy Case Against Anil Ambani, Tribunal To Verify SBI Claim

State Bank of India has claimed that Anil Ambani offered about $160 million of personal guarantees while seeking loans in 2016 for RCom.

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IRCTC Shares Edge Up 1% As Government Invites Bids For Further Stake Sale

The government currently holds 87.40 per cent stake in IRCTC and to meet Sebi's norms it needs tobe brought down to 75 per cent

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In Bankruptcy Case Against Anil Ambani, Tribunal To Verify SBI Claim

State Bank of India has claimed that Anil Ambani offered about $160 million of personal guarantees while seeking loans in 2016 for RCom.

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US Court Upholds Penalty Of $140 Million On TCS In EPIC Systems Case

The case dates back to 2014 when Epic first sued TCS with allegations that it illicitly downloaded documentation for software.

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US Court Upholds Penalty Of $140 Million On TCS In EPIC Systems Case

The case dates back to 2014 when Epic first sued TCS with allegations that it illicitly downloaded documentation for software.

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Thursday, August 20, 2020

Petrol Prices Hiked For Second Straight Day; Diesel Remains Unchanged

Petrol and diesel prices vary in different parts of the country due to factors such as price of crude oil, foreign exchange rate and local taxes.

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Petrol Prices Hiked For Second Straight Day; Diesel Remains Unchanged

Petrol and diesel prices vary in different parts of the country due to factors such as price of crude oil, foreign exchange rate and local taxes.

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Sensex Rises Over 300 Points Amid Gains Across Sectors

Equities in other Asian markets rose on Friday after a technology stocks-driven rally on Wall Street in which the Nasdaq Composite index hit a record high despite downbeat data that affirmed the US...

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Sensex Rises Over 300 Points Amid Gains Across Sectors

Equities in other Asian markets rose on Friday after a technology stocks-driven rally on Wall Street in which the Nasdaq Composite index hit a record high despite downbeat data that affirmed the US...

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Patanjali-Acquired Ruchi Soya's 8,764% Stock Surge Spurs SEBI Rethink

Ruchi Soya swung to a profit of Rs 12.26 crore ($1.6 million) in the quarter ended June, while its revenue dropped 5 per cent from the preceding three-month period to Rs 3,040 crore.

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Patanjali-Acquired Ruchi Soya's 8,764% Stock Surge Spurs SEBI Rethink

Ruchi Soya swung to a profit of Rs 12.26 crore ($1.6 million) in the quarter ended June, while its revenue dropped 5 per cent from the preceding three-month period to Rs 3,040 crore.

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Sensex, Nifty Likely To Open Higher Tracking Global Markets

Equities in other Asian markets rose on Friday after a technology stocks-driven rally on Wall Street in which the Nasdaq Composite index hit a record high despite downbeat data that affirmed the US...

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Sensex, Nifty Likely To Open Higher Tracking Global Markets

Equities in other Asian markets rose on Friday after a technology stocks-driven rally on Wall Street in which the Nasdaq Composite index hit a record high despite downbeat data that affirmed the US...

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All You Need To Know About Common Eligibility Test For Government Jobs

National Recruitment Agency (NRA) will conduct a Common Eligibility Test (CET) to shortlist candidates for the Group B and C (non-technical) posts.

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Indian Energy Exchange To Launch Renewable Energy Trading On August 21

Power regulator Central Electricity Regulatory Commission (CERC) had given the nod on August 17 to commence green term-ahead market (G-TAM) in the country.

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Have Requested For An Aadhaar Reprint? Here's How To Check Status

Aadhaar Reprint Status: A UIDAI facility allows Aadhaar-registered users to check the status of their request for an Aadhaar card reprint.

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Muthoot Finance Shares Slide More Than 6% Day After June Quarter Results

For the quarter ended June 2020, Muthoot Finance posted a 53.46 per cent rise in its consolidated net profit at Rs 853.51

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All You Need To Know About Common Eligibility Test For Government Jobs

National Recruitment Agency (NRA) will conduct a Common Eligibility Test (CET) to shortlist candidates for the Group B and C (non-technical) posts.

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via

Indian Energy Exchange To Launch Renewable Energy Trading On August 21

Power regulator Central Electricity Regulatory Commission (CERC) had given the nod on August 17 to commence green term-ahead market (G-TAM) in the country.

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via

Have Requested For An Aadhaar Reprint? Here's How To Check Status

Aadhaar Reprint Status: A UIDAI facility allows Aadhaar-registered users to check the status of their request for an Aadhaar card reprint.

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Wednesday, August 19, 2020

You Can Download A Digital Copy Of Your Aadhaar Card, Here's How

Aadhaar Card: A digital copy of Aadhaar can be downloaded using the UIDAI portal (uidai.gov.in) or mobile app mAadhaar.

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Domestic Gold, Silver Futures Fall 2% As Global Precious Metal Rates Ease

MCX gold futures ended at Rs 52,622, down Rs 949 or 1.77 per cent for the day, and silver futures settled at Rs 68,129, down Rs 1,376 or 1.98 per cent.

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You Can Download A Digital Copy Of Your Aadhaar Card, Here's How

Aadhaar Card: A digital copy of Aadhaar can be downloaded using the UIDAI portal (uidai.gov.in) or mobile app mAadhaar.

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Sensex, Nifty Off Day's Lows As Energy, Metal Stocks Rise

Global markets fell after the Federal Reserve warned the US economy faced a highly uncertain path to recovery from the coronavirus-induced downturn.

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Domestic Gold, Silver Futures Fall 2% As Global Precious Metal Rates Ease

MCX gold futures ended at Rs 52,622, down Rs 949 or 1.77 per cent for the day, and silver futures settled at Rs 68,129, down Rs 1,376 or 1.98 per cent.

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via

Sensex, Nifty Off Day's Lows As Energy, Metal Stocks Rise

Global markets fell after the Federal Reserve warned the US economy faced a highly uncertain path to recovery from the coronavirus-induced downturn.

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Apple First US Firm To Touch $2-Trillion Market Value: 10 Things To Know

Apple share price rose more than 1 per cent on Wednesday, taking the iPhone maker's market capitalisation (M-Cap) - or market value - above the $2-trillion mark. That made Apple the first US company...

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Apple First US Firm To Touch $2-Trillion Market Value: 10 Things To Know

Apple share price rose more than 1 per cent on Wednesday, taking the iPhone maker's market capitalisation (M-Cap) - or market value - above the $2-trillion mark. That made Apple the first US company...

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Sensex Falls Over 400 Points, Nifty Below 11,300 Tracking Global Markets

Global markets fell after the Federal Reserve warned the US economy faced a highly uncertain path to recovery from the coronavirus-induced downturn.

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Sensex Falls Over 400 Points, Nifty Below 11,300 Tracking Global Markets

Global markets fell after the Federal Reserve warned the US economy faced a highly uncertain path to recovery from the coronavirus-induced downturn.

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Apple Market Value Hits $2 Trillion As Share Price Climbs To $469

Apple's market capitalization is about equal to the combined values of the S&P 500's 200 smallest companies.

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Apple Market Capitalisation Hits $2 Trillion As Share Price Rises To $469

Apple's shares have surged since blowout quarterly results in July that saw the iPhone maker eclipse Saudi Aramco as the world's most valuable listed company.

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Petrol Prices Hiked Again, Diesel Remains Unchanged On Thursday

Petrol prices were hiked across the metros by 10 paisa each, on Thursday, i.e. August 20, after a 1-day interlude, while diesel prices were kept unchanged.

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Sensex, Nifty Likely To Have A Weak Opening

Wall Street finished lower on Wednesday after Federal Reserve raised concerns that the US economic recovery from the pandemic faced a highly uncertain path.

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Petrol Prices Hiked Again, Diesel Remains Unchanged On Thursday

Petrol prices were hiked across the metros by 10 paisa each, on Thursday, i.e. August 20, after a 1-day interlude, while diesel prices were kept unchanged.

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via

Sensex, Nifty Likely To Have A Weak Opening

Wall Street finished lower on Wednesday after Federal Reserve raised concerns that the US economic recovery from the pandemic faced a highly uncertain path.

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How To Generate And Use Aadhaar Virtual ID

Aadhaar Card Services: Authentication can be performed using the virtual ID (VID) in a manner similar to using the Aadhaar number (UID).

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Sensex, Nifty Hold Gains; Realty Shares Rally For Second Straight Day

Seventeen of 19 sector gauges compiled by the National Stock Exchange were trading higher led by the S&P BSE Realty index's nearly 2 per cent gain.

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50 Lakh Salaried Jobs Lost In July, 2 Crore Since April: Think-Tank

While the overall employment rate has improved, CMIE said its an "unhealthy recovery" as most of the new jobs are in informal sector

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Sensex, Nifty Hold Gains; Realty Shares Rally For Second Straight Day

Seventeen of 19 sector gauges compiled by the National Stock Exchange were trading higher led by the S&P BSE Realty index's nearly 2 per cent gain.

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50 Lakh Salaried Jobs Lost In July, 2 Crore Since April: Think-Tank

While the overall employment rate has improved, CMIE said its an "unhealthy recovery" as most of the new jobs are in informal sector

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Tuesday, August 18, 2020

Rupee Edges Higher To 74.68 Against Dollar

Rupee Vs Dollar Today: Gains in domestic equities supported the rupee, however strength in the dollar overseas limited the upside, say analysts.

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Rupee Edges Higher To 74.68 Against Dollar

Rupee Vs Dollar Today: Gains in domestic equities supported the rupee, however strength in the dollar overseas limited the upside, say analysts.

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via

Domestic Gold Futures Decline Nearly 1% To Rs 53,125 As Global Rates Ease

Gold Price Today: At 10:03 am, the MCX gold futures contract quoted at Rs 53,150, down Rs 421 - or 0.79 per cent - from its previous close.

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Domestic Gold Futures Decline Nearly 1% To Rs 53,125 As Global Rates Ease

Gold Price Today: At 10:03 am, the MCX gold futures contract quoted at Rs 53,150, down Rs 421 - or 0.79 per cent - from its previous close.

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Reliance Industries Gains Over 1 Per Cent On Stake Purchase In Netmeds

Reliance Industries shares gained more than 1 per cent on the BSE after its subsidiary Reliance Retail acquired majority stake in online pharmacy Netmeds for around Rs 620 crore.

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Sensex Gains Over 250 Points; Reliance Industries Rises 1%

Asian equities mostly moved higher on Wednesday after a strong Wall Street session in which the S&P 500 hit an all-time high.

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Petrol Price Hike Paused After Three Days, Diesel Also Remains Unchanged

Petrol prices were left untouched across the metros on Wednesday, i.e.August 19, after the marginal hike seen in the previous three days,while the diesel prices were also keptunchanged.

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All You Need To Know About Latest Gold And Silver Rates

Gold has taken a breather following a record-breaking spree that stretched to several weeks. Still, some analysts say gold is poised for higher levels due to the uncertainty around the coronavirus...

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Reliance Industries Gains Over 1 Per Cent On Stake Purchase In Netmeds

Reliance Industries shares gained more than 1 per cent on the BSE after its subsidiary Reliance Retail acquired majority stake in online pharmacy Netmeds for around Rs 620 crore.

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via

Sensex Gains Over 250 Points; Reliance Industries Rises 1%

Asian equities mostly moved higher on Wednesday after a strong Wall Street session in which the S&P 500 hit an all-time high.

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via

Petrol Price Hike Paused After Three Days, Diesel Also Remains Unchanged

Petrol prices were left untouched across the metros on Wednesday, i.e.August 19, after the marginal hike seen in the previous three days,while the diesel prices were also keptunchanged.

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via

All You Need To Know About Latest Gold And Silver Rates

Gold has taken a breather following a record-breaking spree that stretched to several weeks. Still, some analysts say gold is poised for higher levels due to the uncertainty around the coronavirus...

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via

Subhash Chandra Appointed Chairman Emeritus Of Zee Entertainment

The appointment of Subhash Chandra as chairman emeritus will take effect from August 19, the company said in a regulatory filing after market hours on Tuesday.

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Sensex, Nifty Likely To Open On A Positive Note

Asian equities mostly moved higher on Wednesday after a strong Wall Street session in which the S&P 500 hit an all-time high.

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Reliance Retail Buys Majority Stake In Online Pharmacy Netmeds

The investment represents 60 per cent holding in the equity share capital of Vitalic and 100 per cent direct equity ownership of its subsidiaries, including Netmeds.

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Subhash Chandra To Become Chairman Emeritus Of Zee Entertainment

The appointment of Subhash Chandra as chairman emeritus will take effect from August 19, the company said in a regulatory filing after market hours on Tuesday.

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Sensex, Nifty Likely To Open On A Positive Note

Asian equities mostly moved higher on Wednesday after a strong Wall Street session in which the S&P 500 hit an all-time high.

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via

Reliance Retail Buys Majority Stake In Online Pharmacy Netmeds

The investment represents 60 per cent holding in the equity share capital of Vitalic and 100 per cent direct equity ownership of its subsidiaries, including Netmeds.

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via

Sensex, Nifty Close Higher For Second Straight Day

Banking, financial services, auto, media, private bank and metal indexes rose between 1.5-2.3 per cent each.

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Domestic Gold Futures Jump Over 1% To Rs 53,965 Tracking Global Rates

Gold Rate Today: At 4:23 pm, the MCX gold futures contract quoted at Rs 53,781, up Rs 506 - or 0.95 per cent - from its previous close.

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Spot Gold Jumps 1% To Cross $2,000/Ounce Mark As Dollar Weakens

Lower yields and interest rates decrease the opportunity cost of holding non-yielding assets such as gold.

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Rupee Gains By 12 Paise To End At 74.76 Against Dollar

At the current level, the rupee has recovered 2.80 per cent against the US currency since an all-time low of 76.91 registered in April.

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Sensex, Nifty Surge Over 1% Led By Surge In Financial Stocks

Asian stocks inched up on Tuesday as US-China tensions weighed on optimism generated by Wall Street's tech-driven rally.

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Rupee Gains By 12 Paise To End At 74.76 Against Dollar

At the current level, the rupee has recovered 2.80 per cent against the US currency since an all-time low of 76.91 registered in April.

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Sensex, Nifty Surge Over 1% Led By Surge In Financial Stocks

Asian stocks inched up on Tuesday as US-China tensions weighed on optimism generated by Wall Street's tech-driven rally.

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Elon Musk Is Now The Fourth Richest Person

Elon Musk: Mr Musk's net worth rose to $84.8 billion on the Bloomberg Billionaires Index, which is a daily ranking of the world's richest people, after Tesla Inc shares soared 11 per cent on August...

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Elon Musk Is Now The Fourth Richest Person

Mr Musk's net worth rose to $84.8 billion on the Bloomberg Billionaires Index, which is a daily ranking of the world's richest people, after Tesla Inc shares soared 11 per cent on August 17.

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Petronet LNG Surges 5% After June Quarter Earnings

The operations of Petronet LNG were not materially interrupted during the lockdown due to outbreak of COVID-19.

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Mukesh Ambani Is On A Shopping Spree In Race Against Amazon

Mukesh Ambani is seeking to widen his retail footprint in a market that's become a hot spot for global giants such as Amazon as well as many local rivals, all chasing a billion-plus consumers.

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Petronet LNG Surges 5% After June Quarter Earnings

The operations of Petronet LNG were not materially interrupted during the lockdown due to outbreak of COVID-19.

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via

Mukesh Ambani Is On A Shopping Spree In Race Against Amazon

Mukesh Ambani is seeking to widen his retail footprint in a market that's become a hot spot for global giants such as Amazon as well as many local rivals, all chasing a billion-plus consumers.

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Monday, August 17, 2020

RBI Removes Restrictions On Bandhan Bank Managing Director's Remuneration

The holding company, Bandhan Financial Holdings Limited reduced its shareholding to 40 per cent of the bank's paid-up voting capital, as mandated by RBI.

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Sensex, Nifty Off Day's Highs; Pharma Stocks Lag

Asian stocks inched up on Tuesday as US-China tensions weighed on optimism generated by Wall Street's tech-driven rally, while the dollar dropped against almost all major currencies.

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RBI Removes Restrictions On Bandhan Bank Managing Director's Remuneration

The holding company, Bandhan Financial Holdings Limited reduced its shareholding to 40 per cent of the bank's paid-up voting capital, as mandated by RBI.

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Sensex, Nifty Off Day's Highs; Pharma Stocks Lag

Asian stocks inched up on Tuesday as US-China tensions weighed on optimism generated by Wall Street's tech-driven rally, while the dollar dropped against almost all major currencies.

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Sensex Gains Over 200 Points, Nifty Touches 11,300; Auto, IT Stocks Rise

Asian stocks inched up on Tuesday as US-China tensions weighed on optimism generated by Wall Street's tech-driven rally, while the dollar dropped against almost all major currencies.

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Sensex Gains Over 200 Points, Nifty Touches 11,300; Auto, IT Stocks Rise

Asian stocks inched up on Tuesday as US-China tensions weighed on optimism generated by Wall Street's tech-driven rally, while the dollar dropped against almost all major currencies.

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Petrol Prices Hiked For Third Consecutive Day, Diesel Remains Unchanged

The price of petrol were increased to Rs 80.90 from Rs 80.73 per litre in Delhiand to Rs 87.58 from Rs 87.45 in Mumbai,according to Indian Oil Corporation's website - iocl.com.

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Sensex, Nifty Likely To Have A Flat Opening

The domestic stock markets are likely to open flat, ignoring a record high closing on Nasdaq and encouraging cues from the Asian Street, as Nifty Singapore futures are trading virtually unchanged.

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Petrol Prices Hiked For Third Consecutive Day, Diesel Remains Unchanged

The price of petrol were increased to Rs 80.90 from Rs 80.73 per litre in Delhiand to Rs 87.58 from Rs 87.45 in Mumbai,according to Indian Oil Corporation's website - iocl.com.

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Sensex, Nifty Likely To Have A Flat Opening

The domestic stock markets are likely to open flat, ignoring a record high closing on Nasdaq and encouraging cues from the Asian Street, as Nifty Singapore futures are trading virtually unchanged.

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Rupee Closes Nearly Unchanged At 74.88 Against Dollar

Analysts expect the rupee to continue to trade sideways against the greenback in the near term.

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Sensex, Nifty Edge Higher Amid Volatile Trade

IT and metal stocks rose with the Nifty IT and the Nifty Metal indices rising over 1 per cent each.

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Sensex, Nifty Edge Higher Amid Volatile Trade

IT and metal stocks rose with the Nifty IT and the Nifty Metal indices rising over 1 per cent each.

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Back To The Paddy Fields. COVID Smashes Indian Middle-Class Dreams

At least 400 million workers are at risk of falling deeper into poverty, according to the International Labour Organization (ILO).

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Back To The Paddy Fields. COVID Smashes Indian Middle-Class Dreams

At least 400 million workers are at risk of falling deeper into poverty, according to the International Labour Organization (ILO).

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RIL In Talks To Buy Online Furniture Retail, Milk Delivery Startups: Report

Reliance Industries: Representatives at Reliance, Urban Ladder and Milkbasket did not immediately respond to Reuters requests for comment.

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MCX To Launch The Country's First Bullion Index On August 24

"MCX iCOMDEX Bullion Index Futures contracts, expiring September, October and November, will be available for trading with effect from August 24," MCX said.

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Here's How Much You Pay For Fuel Today

On Monday, the price of benchmark Brent crude was last seen trading at $45.14 per barrel, and natural gas at $2.36 per MMBtu ormetric million British thermal unit.

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Sunday, August 16, 2020

RIL In Talks To Buy Online Furniture Retail, Milk Delivery Startups: Report

Representatives at Reliance, Urban Ladder and Milkbasket did not immediately respond to Reuters requests for comment.

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MCX To Launch The Country's First Bullion Index On August 24

"MCX iCOMDEX Bullion Index Futures contracts, expiring September, October and November, will be available for trading with effect from August 24," MCX said.

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Here's How Much You Pay For Fuel Today

On Monday, the price of benchmark Brent crude was last seen trading at $45.14 per barrel, and natural gas at $2.36 per MMBtu ormetric million British thermal unit.

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Rupee Edges Higher To 74.80 Against Dollar

At Friday's closing level of 74.90, the rupee has recovered 2.72 per cent against the US currency since an all-time low of 76.91 registered in April, but is still down 4.85 per cent so far this year.

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Rupee Edges Higher To 74.80 Against Dollar

At Friday's closing level of 74.90, the rupee has recovered 2.72 per cent against the US currency since an all-time low of 76.91 registered in April, but is still down 4.85 per cent so far this year.

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Wipro Completes Acquisition Of Brazilian Firm; Stock Gains Nearly 2%

Wipro had announced in July that it had signed an agreement to acquire the Brazilian IT firm IVIA Servios de lnformitica Ltda for $22.4 million (about Rs 169 crore).

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Sensex Drops Over 350 Points From Day's High Amid Choppy Trade

Government data released on Friday evening showed the country's trade deficit in goods stood at $4.83 billion in July, after its first trade surplus in over 18 years in the previous month.

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Wipro Completes Acquisition Of Brazilian Firm; Stock Gains Nearly 2%

Wipro had announced in July that it had signed an agreement to acquire the Brazilian IT firm IVIA Servios de lnformitica Ltda for $22.4 million (about Rs 169 crore).

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Sensex Drops Over 350 Points From Day's High Amid Choppy Trade

Government data released on Friday evening showed the country's trade deficit in goods stood at $4.83 billion in July, after its first trade surplus in over 18 years in the previous month.

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Sensex Rises Over 200 Points, Nifty Tops 11,200 Amid Gains Across Sectors

Government data released on Friday evening showed the country's trade deficit in goods stood at $4.83 billion in July, after its first trade surplus in over 18 years in the previous month.

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Sensex Rises Over 200 Points, Nifty Tops 11,200 Amid Gains Across Sectors

Government data released on Friday evening showed the country's trade deficit in goods stood at $4.83 billion in July, after its first trade surplus in over 18 years in the previous month.

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Petrol Prices Hiked Across Metros For Second Consecutive Day

The price of petrol were increased to Rs 80.73 per litre in Delhi from the previous day's Rs 80.57 per litre and to Rs 87.45 in Mumbai from the earlier Rs 87.31per litre.

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Sensex, Nifty Likely To Have A Strong Opening

The domestic stock markets are likely to start the week on a strong note, following robust gains in Asian markets and positive signals from Singapore Nifty futures trading.

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Petrol Prices Hiked Across Metros For Second Consecutive Day

The price of petrol were increased to Rs 80.73 per litre in Delhi from the previous day's Rs 80.57 per litre and to Rs 87.45 in Mumbai from the earlier Rs 87.31per litre.

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Sensex, Nifty Likely To Have A Strong Opening

The domestic stock markets are likely to start the week on a strong note, following robust gains in Asian markets and positive signals from Singapore Nifty futures trading.

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Pandara Market: A Paradigm Shift To The Experience

While deliveries started to increase over the last two months, there are footfalls that have just started since the past three weeks.

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Pandara Market: A Paradigm Shift To The Experience

While deliveries started to increase over the last two months, there are footfalls that have just started since the past three weeks.

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Silver Has Out-PerformedGold This Year. Is Silver The New Gold?

On July 21, silver breached the $20 level in the global markets for the first time since September 2016 and has provided annual returns of almost 61 per cent till date, compared to gold's 15 per cent.

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Silver Has Out-PerformedGold This Year. Is Silver The New Gold?

On July 21, silver breached the $20 level in the global markets for the first time since September 2016 and has provided annual returns of almost 61 per cent till date, compared to gold's 15 per cent.

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Saturday, August 15, 2020

Bling No Longer King In India As Gold Loses Its Shine In Wake of Coronavirus

Months after India lifted its strict lockdown, the country's biggest gold market Zaveri Bazaar remains desolate, with most stores closed and no customers in sight.

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Bling No Longer King In India As Gold Loses Its Shine In Wake of Coronavirus

Months after India lifted its strict lockdown, the country's biggest gold market Zaveri Bazaar remains desolate, with most stores closed and no customers in sight.

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Petrol Prices Hiked Across Metros On Sunday

The price of petrol were increased to Rs 80.57 per litre in Delhi and Rs 87.31 per litre in Mumbai from Rs 80.43 and Rs 87.19 respectively

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Petrol Prices Hiked Across Metros On Sunday

The price of petrol were increased to Rs 80.57 per litre in Delhi and Rs 87.31 per litre in Mumbai from Rs 80.43 and Rs 87.19 respectively

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Need To Update Aadhaar Card Address? Here's How To Do It Online

The mobile number registered with your Aadhaar card is required in order to update the address using the Unique Identification Authority of India (UIDAI) website.

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Need To Update Aadhaar Card Address? Here's How To Do It Online

The mobile number registered with your Aadhaar card is required in order to update the address using the Unique Identification Authority of India (UIDAI) website.

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Find Out Latest Petrol, Diesel, Auto Gas, Cooking Gas Prices In Your City

While domestic petrol, diesel and LPG prices are derived from crude oil, CNG rates are calculated based on natural gas.

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Find Out Latest Petrol, Diesel, Auto Gas, Cooking Gas Prices In Your City

While domestic petrol, diesel and LPG prices are derived from crude oil, CNG rates are calculated based on natural gas.

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Warren Buffett's Berkshire Hathaway Cuts Stakes In Wells Fargo, JPMorgan

Berkshire reduced its Wells Fargo stake by 26 per cent in the quarter to 237.6 million.

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Warren Buffett's Berkshire Hathaway Cuts Stakes In Wells Fargo, JPMorgan

Berkshire reduced its Wells Fargo stake by 26 per cent in the quarter to 237.6 million.

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ICICI Bank Raises Rs 15,000 Crore Through Share Sale

ICICI Bank also said it is well-positioned to serve the market and benefit from opportunities going forward.

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UK Bailout Talks For Jaguar Land Rover, Tata Steel Fall Through: Report

The report said that talks for an emergency funding fell through as Jaguar Land Rover (JLR) did not qualify for taxpayer support.

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ICICI Bank Raises Rs 15,000 Crore Through Share Sale

ICICI Bank also said it is well-positioned to serve the market and benefit from opportunities going forward.

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UK Bailout Talks For Jaguar Land Rover, Tata Steel Fall Through: Report

The report said that talks for an emergency funding fell through as Jaguar Land Rover (JLR) did not qualify for taxpayer support.

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All You Need To Know About Current Gold Price

The value of gold that you buy in the form of jewellery, coins etc. keeps changing, just like any other asset class.

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All You Need To Know About Current Gold Price

The value of gold that you buy in the form of jewellery, coins etc. keeps changing, just like any other asset class.

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Friday, August 14, 2020

Petrol Price Remains At Rs 80.43/Litre In Delhi, Diesel At Rs 73.56/Litre

Currently, fuel prices vary in different parts of the country, due to factors such as crude oil and foreign exchange rates.

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Government Grants 5-Month Extension To Complete Renewable Projects

The government had asked developers to produce evidences that delays in meeting completion deadlines are triggered by disruption of the supply chains due to the spread of coronavirus.

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Petrol Price Remains At Rs 80.43/Litre In Delhi, Diesel At Rs 73.56/Litre

Currently, fuel prices vary in different parts of the country, due to factors such as crude oil and foreign exchange rates.

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Government Grants 5-Month Extension To Complete Renewable Projects

The government had asked developers to produce evidences that delays in meeting completion deadlines are triggered by disruption of the supply chains due to the spread of coronavirus.

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Flipkart Eyes Alcohol Delivery With Diageo-Backed Startup: Report

Flipkart's customers will be allowed to access the startup HipBar's application on the e-commerce giant's platforms

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RBI Approves Dividend Payout Of Rs 57,000 Crore To Government

The Reserve Bank of India (RBI) on Friday approved a dividend payout of more than Rs 57,000 crore to the government for the accounting year 2019-20 (July-June). The development comes at a time when...

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RBI Approves Dividend Payout Of Rs 57,000 Crore To Government

The Reserve Bank of India (RBI) on Friday approved a dividend payout of more than Rs 57,000 crore to the government for the current financial year. The development comes at a time when the...

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Nifty Settles Below 11,200 Dragged By Auto, Banking Shares

Nine of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Bank index's nearly 3 per cent fall.

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Nifty Settles Below 11,200 Dragged By Auto, Banking Shares

Nine of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Bank index's nearly 3 per cent fall.

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Sensex Slumps Over 650 Points Dragged By Banking Shares

Nine of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty Bank index's nearly 3 per cent decline.

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Sensex Slumps Over 650 Points Dragged By Banking Shares

Nine of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty Bank index's nearly 3 per cent decline.

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NBCC Shares Surge On Heavy Volumes

Shares of National Buildings Construction Corporation (NBCC) rose as much as 6.32 per cent to hit an intraday high of Rs 27.75 on the BSE.

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Wholesale Prices Stay In Deflationary Mode For Fourth Month In July

WPI inflation in June was at (-) 1.81 per cent, while for the month of May and April it was (-) 3.37 per cent and (-) 1.57 per cent respectively

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NBCC Shares Surge On Heavy Volumes

Shares of National Buildings Construction Corporation (NBCC) rose as much as 6.32 per cent to hit an intraday high of Rs 27.75 on the BSE.

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Wholesale Prices Stay In Deflationary Mode For Fourth Month In July

WPI inflation in June was at (-) 1.81 per cent, while for the month of May and April it was (-) 3.37 per cent and (-) 1.57 per cent respectively

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Spot Gold Price Set For First Weekly Decline Since Early June

Gold largely ignored economic data from top consumer China, which missed market expectations and dented equities.

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Spot Gold Price Set For First Weekly Decline Since Early June

Gold largely ignored economic data from top consumer China, which missed market expectations and dented equities.

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Amazon To Launch Online Drug Sales In Bengaluru

"Amazon Pharmacy", will offer both over-the-counter and prescription-based drugs, basic health devices and traditional Indian herbal medicines.

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Thursday, August 13, 2020

Amazon To Launch Online Drug Sales In Bengaluru

"Amazon Pharmacy", will offer both over-the-counter and prescription-based drugs, basic health devices and traditional Indian herbal medicines.

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Sensex, Nifty Off Day's Highs; Pharma Stocks Jump

Analysts say gains were limited as high inflation dashed hopes of further monetary easing in the near term.

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Sensex, Nifty Off Day's Highs; Pharma Stocks Jump

Analysts say gains were limited as high inflation dashed hopes of further monetary easing in the near term.

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Eicher Motors Falls Over 3% After Reporting Loss In June Quarter

Royal Enfield sold 58,383 motorcycles in the June quarter, marking a decline of 68 per cent compared to 1,81,966 motorcycles in the year-ago period.

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Eicher Motors Falls Over 3% After Reporting Loss In June Quarter

Royal Enfield sold 58,383 motorcycles in the June quarter, marking a decline of 68 per cent compared to 1,81,966 motorcycles in the year-ago period.

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Sensex Gains Over 200 Points As Financial, IT Stocks Rise

Shares elsewhere in Asia dropped following lacklustre Chinese economic data, amid worries about a delay in US fiscal stimulus discouraged some investors from taking on risk.

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Sensex Gains Over 200 Points As Financial, IT Stocks Rise

Shares elsewhere in Asia dropped following lacklustre Chinese economic data, amid worries about a delay in US fiscal stimulus discouraged some investors from taking on risk.

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Sensex, Nifty Likely To Open Flat Today

Shares elsewhere in Asia dropped following lacklustre Chinese economic data, amid worries about a delay in US fiscal stimulus discouraged some investors from taking on risk.

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Sensex, Nifty Likely To Open Flat Today

On Thursday, the Sensex had ended59.14 points - or 0.15 per cent - lower at 38,310.49 and the Nifty settled at 11,300.45, down 7.95 points - or 0.07 per cent - from its previous close.

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Crude Prices Rise 2% After Drop In US Oil Stocks Spurs Demand Hope

Crude inventories In US fell by 4.5 million barrels, compared with analysts' expectations in a Reuters poll for a 2.9 million-barrel drop

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Landmark Day In History Of Tax Administration: Finance Minister

The Finance Minister reiterated that the government has over the past few years simplified the country's tax system.

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Landmark Day In History Of Tax Administration: Finance Minister

The Finance Minister reiterated that the government has over the past few years simplified the country's tax system.

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Sensex Falls Over 300 Points From Day's High, Nifty Hovers Around 11,300

Six of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty PSU Bank index's 1 per cent decline.

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Sensex Falls Over 300 Points From Day's High, Nifty Hovers Around 11,300

Six of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty PSU Bank index's 1 per cent decline.

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Wednesday, August 12, 2020

PM Modi Launches "Transparent Taxation" Platform: Highlights

PM Modi said the new platform will strengthen efforts of "reforming and simplifying our tax system".

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Faceless Assessment, Taxpayers' Charter From Today, Says PM Modi

"Faceless assessment, taxpayers' charter implemented from today as part of tax reforms," PM Modi said in his remarks on unveiling the tax measure.

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Silver Futures Decline Nearly 1% To Rs 66,250

Silver Price Today: At 10:16 am, the MCX silver futures contract quoted at Rs 66,473, down 0.42 per cent (Rs 280) from its previous close.

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PM Modi Launches "Transparent Taxation" Platform: Highlights

PM Modi said the new platform will strengthen efforts of "reforming and simplifying our tax system".

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Faceless Assessment, Taxpayers' Charter From Today, Says PM Modi

"Faceless assessment, taxpayers' charter implemented from today as part of tax reforms," PM Modi said in his remarks on unveiling the tax measure.

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Tata Steel Sheds Nearly 1% Ahead of June Quarter Earnings

Tata Steel had posted a consolidated net loss of Rs 1,095.68 crore in March 31 quarter, compared with a net profit of Rs 2,430.92 crore in corresponding quarter last year.

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Zydus Cadila Launches India's Cheapest Remdesivir Version At Rs 2,800

It (Remdesivir version) will be sold under the brand name Remdac to government and private hospitals treating Covid-19 patients, the company said in a regulatory filing.

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Silver Futures Decline Nearly 1% To Rs 66,250

Silver Price Today: At 10:16 am, the MCX silver futures contract quoted at Rs 66,473, down 0.42 per cent (Rs 280) from its previous close.

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Tata Steel Sheds Nearly 1% Ahead of June Quarter Earnings

Tata Steel had posted a consolidated net loss of Rs 1,095.68 crore in March 31 quarter, compared with a net profit of Rs 2,430.92 crore in corresponding quarter last year.

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Zydus Cadila Launches India's Cheapest Remdesivir Version At Rs 2,800

It (Remdesivir version) will be sold under the brand name Remdac to government and private hospitals treating Covid-19 patients, the company said in a regulatory filing.

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Domestic Gold Futures Move In Narrow Range Near Rs 52,000

Gold has been one of the most consistent gainers through the six months of coronavirus-led turmoil in financial markets.

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Domestic Gold Futures Move In Narrow Range Near Rs 52,000

Gold has been one of the most consistent gainers through the six months of coronavirus-led turmoil in financial markets.

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Sensex Gains Over 100 Points As Financial, Metal Stocks Jump

Hindalco, JSW Steel, UPL, TCS and Wipro, trading between 1.63 per cent and 4.24 per cent higher, jumped the most among the 40 gainers in the 50-scrip Nifty basket.

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Sensex Gains Over 100 Points As Financial, Metal Stocks Jump

Hindalco, JSW Steel, UPL, TCS and Wipro, trading between 1.63 per cent and 4.24 per cent higher, jumped the most among the 40 gainers in the 50-scrip Nifty basket.

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No Change In Petrol, Diesel Prices On Thursday

State-run oil marketing companies such as Indian Oil Corporation allow any revisions on a daily basis, to bring the fuel rates at par with global oil prices and changes in the forex rates.

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Sensex, Nifty Likely To Have A Mildly Positive Opening

The domestic stock markets are likely to open in the green, following a positive close for the US market and positive indications from SGX Nifty.

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No Change In Petrol, Diesel Prices On Thursday

State-run oil marketing companies such as Indian Oil Corporation allow any revisions on a daily basis, to bring the fuel rates at par with global oil prices and changes in the forex rates.

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Sensex, Nifty Likely To Have A Mildly Positive Opening

The domestic stock markets are likely to open in the green, following a positive close for the US market and positive indications from SGX Nifty.

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UK Economy Contracts By 20.4% In June Quarter

Lockdown measures led to record quarterly decline in services, construction and production.

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Alibaba-Backed Best To List Delivery Business In Hong Kong: Report

Best has tapped Credit Suisse and JPMorgan to lead the listing process, according to sources

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Alibaba-Backed Best To List Delivery Business In Hong Kong: Report

Best has tapped Credit Suisse and JPMorgan to lead the listing process, according to sources

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