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Gold Price Today: Domestic Gold Futures Jump Over 1%, Near All-Time High
Edited by Sandeep Singh (with inputs from Reuters) | Friday July 31, 2020Typically, any sign of uncertainty in the financial markets boosts the appeal of gold as a safe-haven bet, as investors rush away from riskier asset classes. -
Diesel Rate Cut In Delhi; Petrol, Diesel Rates Unchanged In Other Metros
Edited by Sandeep Singh | Friday July 31, 2020Currently, oil marketing companies review domestic petrol and diesel prices on a daily basis, and implement any changes with effect from 6 am every day. -
Amazon Posts Biggest Profit Ever At Height Of Pandemic In US
Reuters | Friday July 31, 2020Amazon's shares have risen by more than 60% this year, adding to the wealth of Bezos, its biggest stockholder. The S&P 500 is virtually flat. -
Reliance Makeover Is Being Carefully Watched
Andy Mukherjee, Bloomberg Opinion | Friday July 31, 2020From entertainment, education and healthcare to 5G for self-driving cars, Jio hopes to collect tiny sums from roughly 400 million subscribers of its core wireless service. -
Torrent Pharma Surges 10% After Profit Rises 49% In June Quarter
Edited by Abhishek Vasudev | Friday July 31, 2020Torrent Pharma's revenue from US operations declined 1 per cent to Rs 373 crore while constant currency sales came in at $47 million. -
Diesel Becomes Cheaper Than Petrol In Delhi After VAT Cut
Edited by Sandeep Singh | Friday July 31, 2020Diesel Price Delhi: The prices of petrol and diesel are broadly determined by crude oil and forex rates. However, the retail rates vary from state to state due to local taxes. -
Sensex, Nifty Edge Lower In Choppy Trade; Reliance Industries Falls Nearly 2%
Edited by Sandeep Singh (with inputs from agencies) | Friday July 31, 2020State Bank of India and Indian Oil were scheduled to report their financial results for the April-June period later in the day. -
Reliance Industries Shares Fall As June Quarter Revenue Drops 44%
Edited by Sandeep Singh | Friday July 31, 2020Reliance Industries said COVID-19 impacted the group's operations and revenue during the quarter. -
Big Tech Firms Post Robust Results In COVID-19-Hit Quarter
Agence France-Presse | Friday July 31, 2020The results from Apple, Amazon, Facebook and Google parent Alphabet were largely better than expected. -
Facebook June Quarter Profit Nearly Doubles Despite Ad Boycott
Agence France-Presse | Friday July 31, 2020The number of people using the Facebook platform monthly rose to 2.7 billion. -
Google Parent Alphabet's Profit Drops 30% As COVID-19 Hits Ad Market
Agence France-Presse | Friday July 31, 2020The results from Apple, Amazon, Facebook and Google parent Alphabet were largely better than expected. -
As Small Businesses Suffer, Facebook's Fortunes Hang In The Balance
Reuters | Thursday July 30, 2020Facebook will reveal on Thursday whether lower ad prices lured enough marketers in the second quarter -
US Economy Contracts 32.9% In June Quarter, Wall Street Crashes
Edited by Abhik Deb (with inputs from agencies) | Thursday July 30, 2020The drop in GDP was more than triple the previous all-time decline of 10 per cent in the second quarter of 1958 -
Reliance Jio June Quarter Profit Nearly Triples To Rs 2,520 Crore
Edited by Sandeep Singh | Thursday July 30, 2020Billionaire Mukesh Ambani-led Reliance Industries' telecom arm, Reliance Jio Infocomm, on Thursday said its standalone net profit was at Rs 2,520 crore in the quarter ended June 30. That marked a nearly three-fold jump compared to its net profit of Rs 891 crore in the corresponding period a year ago. Reliance Jio's revenue from operations came in at Rs 16,557 crore in the April-June period, the telecom major said in a statement, up 33.71 per cent compared to the year-ago period. -
Reliance Industries Profit Rises 31% To Rs 13,233 Crore In June Quarter
Edited by Abhishek Vasudev | Thursday July 30, 2020Billionaire Mukesh Ambani-led Reliance Industries, the country's most valuable company, on Thursday reported a 31 per cent annual growth in its net profit to Rs 13,233 crore in the quarter ended June 30. The oil-to-telecom conglomerate had reported a net profit of Rs 10,104 crore in the corresponding quarter last year. The profit beat analysts' estimates. Analysts had on average expected Reliance Industries' profit at Rs 7,457 crore, news agency Reuters reported citing Refinitiv data.
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