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'We Have Built Strong Immunity', Says Chairman As SBI Trims Bad Loans In June Quarter
Reuters | Friday July 31, 2020SBI's gross bad loans as a percentage of total loans eased to 5.44 per centfrom 6.15 per centin the previous quarter -
Core Sector Output Contracts 15% In June
Press Trust of India | Friday July 31, 2020The eight core sectors had expanded by 1.2 per cent in June last year -
Tata Motors Loss Widens To Rs 8,438 Crore In June Quarter
Edited by Abhishek Vasudev | Friday July 31, 2020Tata Motors-owned luxury car maker Jaguar Land Rover's revenue declined 44 per cent to 2.98 billion pounds. -
Fiscal Deficit Hits Record High In First Quarter As Coronavirus Hits Economy
Reuters | Friday July 31, 2020Net tax receipts in three months through June declined more than 46 per centyear-on-year -
Four Banks To Revise Minimum Balance, Handling Charges From August 1. Find Out New Rates Here
Abhik | Friday July 31, 2020Bankof Maharashtra, Axis Bank, Kotak Mahindra Bank and RBL Bank - will impose revised minimum balance requirements and handling charges from August 1 -
Sensex, Nifty Decline For Third Day In A Row Dragged By Reliance Industries, HDFC Bank
Edited by Abhishek Vasudev | Friday July 31, 2020The Sensex moved in a band of 450 points and Nifty touched an intraday high of 11,150.40 and low of 11,026.65. -
Indian Oil Net Profit Slips 47% To Rs 1,911 Crore In June Quarter, Shares Fall 1%
Edited by Abhik Deb | Friday July 31, 2020Revenue from operations fell to Rs 88,937 crore during the quarter, as compared to Rs 1.5 lakh crore, a year ago -
Government Imposes Restrictions On TV Imports
Reported by Akhilesh Sharma, Edited by Sandeep Singh | Friday July 31, 2020The restrictions will apply on regular TV sets of size of a variety of sizes, as well as LCD TVs of size up to 63 cm. -
State Bank Of India Profit Surges 81% In June Quarter To Rs 4,189 Crore
Edited by Abhishek Vasudev | Friday July 31, 2020State Bank of India shares rose as much as 4.2 per cent to Rs 194.40 after the earnings announcement. -
COVID-19 Has Exposed Financial Systems Are Designed In Wrong Way, Says Nobel Laureate
Press Trust of India | Friday July 31, 2020Speaking to Congress leader Rahul Gandhi, Nobel laureate Muhammad Yunus advocated for a system that to create space for the informal and rural economy -
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.
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