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Gold Price Today: Domestic Gold Futures Soar To All-Time High Of Rs 52,220 As Global Rates Spike
Edited by Sandeep Singh (with inputs from agencies) | Monday July 27, 2020Gold, Silver Rate Today: The price of gold jewellery stood at Rs 52,135 per 10 grams and that of silver jewellery at Rs 63.860 per kilogram, according to Mumbai-based industry body IBJA. -
Spot Gold Touches New Record High As US-China Tensions Boost Safe-Have Appeal
Reuters | Monday July 27, 2020Spot gold rose 1.7% to $1,934.06 per ounce, after hitting a record high of $1,943.93 per ounce. -
Aditya Puri Sells HDFC Bank Shares Worth Rs 843 Crore
Edited by Abhishek Vasudev | Monday July 27, 2020Aditya Puri sold 74.20 lakh shares of HDFC Bank for a total consideration of Rs 842.73 crore. -
Moody's Downgrades Rolls-Royce To Junk Status, Says Aviation Market Could Be Hit Further
Reuters | Monday July 27, 2020, LondonCEO Warren East told reporters on Thursday Rolls-Royce was examining options to strengthen its balance sheet but had not made any decisions. -
Sensex, Nifty Decline For Second Straight Session Dragged By Banks
Written by Abhishek Vasudev | Monday July 27, 2020Banking shares fell after the RBI warned that bad loan ratio in banking system could rise to at least 12.5% by March 2021, from 8.5% in March 2020. -
RBI Governor Makes Case For Push In Infrastructure Sector To Boost Growth
Edited by Abhik Deb (with inputs from agencies) | Monday July 27, 2020The RBI governor said the country needs $4.5 trillion for investment in Infrastructure by 2030 -
Kotak Mahindra Bank June Quarter Profit Drops 8.5%, Asset Quality Deteriorates
Edited by Sandeep Singh | Monday July 27, 2020Kotak Mahindra Bank shares fell nearly 3 per cent after the earnings announcement. -
Indian Aviation Demand Likely To Be Subdued In Current Financial Year: Report
Edited by Peter Noronha | Monday July 27, 2020The aviation industry has achieved a load factor of just around 55 per cent in the first quarter of this financial year despite operating at merely 30 per cent of its usual capacity. -
LIC Jeevan Umang Policy's Premium, Eligibility, Other Details Here
Edited by Abhishek | Monday July 27, 2020LIC's Jeevan Umang Policy offers a combination of income and protection to an individual's family, LIC said on its website. -
Mindspace REIT IPO Opens. Here's All You Need To Know
Edited by Peter Noronha | Monday July 27, 2020Mindspace aims to raise up to Rs 1,000 crore through the issuance of fresh units and up to Rs 3,500 crore by way of offer for sale (OFS), according to the documents filed with SEBI. -
RBI Governor Shaktikanta Das Highlights 5 Positive Shifts In Economy
Reported by Himanshu Shekhar Mishra, Edited by Sandeep Singh | Monday July 27, 2020Reserve Bank of India Governor Shaktikanta Das on Monday highlighted five major dynamic shifts in the country that, he said, need to be "converted into structural transformations" and will lead to "sizeable benefits for economy". "The fortunes shifting in favour of the farm sector, the changing energy mix in favour of renewables, leveraging information and communication technology (ICT), and start-ups to power growth, shifts in supply and value chains, both domestic and global, and infrastructure as the force-multiplier for growth" are the five major dynamic shifts underway in the economy, he said. -
Yes Bank Hits 10% Lower Circuit On Listing Of FPO Shares
Edited by Peter Noronha | Monday July 27, 2020The country's seventh largest private sector lender by market capitalisation had raised Rs 15,000 crore by issuing shares at the price of Rs 12 per share. -
Future Retail Up 5% After Report Says Reliance Nears Deal With Parent
Reuters | Monday July 27, 2020Shares of Future Retail rose as much as 5 per cent to Rs 100.20, hitting an upper circuit, and were trading up 4.6 per cent by 10:25 am. -
Reliance Industries Shares Hit Record High, Market Value At Rs 13.67 Lakh Crore
Edited by Sandeep Singh | Monday July 27, 2020The further spike in shares helped Reliance industries retain its position as the country's most valuable company. -
ICICI Bank Sheds Over 4% After Missing Street Estimates In June Quarter
Edited by Peter Noronha | Monday July 27, 2020ICICI Bank shares weakened by more than 4 per cent on BSE after the bank reported a 36.22 per cent rise in net profit to Rs 2,599.15 crore in June quarter.
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