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50 Lakh Salaried Jobs Lost In July, Nearly 2 Crore Since April: Think-Tank
Edited by Abhik Deb | Wednesday August 19, 2020While the overall employment rate has improved, CMIE said its an "unhealthy recovery" as most of the new jobs are in informal sector -
Rupee Edges Higher To 74.68 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Wednesday August 19, 2020Rupee Vs Dollar Today: Gains in domestic equities supported the rupee, however strength in the dollar overseas limited the upside, say analysts. -
Gold Price Today: Domestic Gold Futures Decline Nearly 1% To Rs 53,125 As Global Rates Ease
Edited by Sandeep Singh (with inputs from Reuters) | Wednesday August 19, 2020Gold 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. -
Reliance Industries Gains Over 1% On Stake Purchase In Netmeds
Edited by Peter Noronha | Wednesday August 19, 2020Reliance 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. -
Sensex Gains Over 250 Points, Nifty Moves Above 11,450; Reliance Industries Rises
Edited by Sandeep Singh (with inputs from agencies) | Wednesday August 19, 2020Asian equities mostly moved higher on Wednesday after a strong Wall Street session in which the S&P 500 hit an all-time high. -
Petrol Price Hike Paused After Three Days, Diesel Also Remains Unchanged
Edited by Peter Noronha | Wednesday August 19, 2020Petrol Diesel Price: Petrol prices were left untouched across the metros on Wednesday, i.e. August 19, after the marginal hike seen in the previous three days. -
All You Need To Know About Latest Gold And Silver Rates
Edited by Sandeep Singh (with inputs from agencies) | Wednesday August 19, 2020While gold has given up some of the recent gains, which pushed the global spot rate above the $2,000 per ounce and domestic futures above Rs 56,000 subsequently, it is not far from its all-time highs levels. As of Tuesday's closing price, Multi Commodity Exchange (MCX) gold futures are less than 5 per cent away from a record Rs 56,191 registered this month. The value of gold that you buy in physical form keeps changing, but the yellow metal continues to hold a special place among many investors. -
Subhash Chandra Appointed Chairman Emeritus Of Zee Entertainment
Edited by Peter Noronha | Wednesday August 19, 2020Zee Entertainment: The appointment of Subhash Chandra as chairman emeritus will take effect from August 19, the company said post market hours on Tuesday. -
Sensex, Nifty Likely To Open On A Positive Note
Edited by Peter Noronha (with inputs from agencies) | Wednesday August 19, 2020Asian equities mostly moved higher on Wednesday after a strong Wall Street session in which the S&P 500 hit an all-time high. -
Reliance Retail Buys Majority Stake In Online Pharmacy Netmeds For Rs 620 Crore
Edited by Peter Noronha | Wednesday August 19, 2020The 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. -
RBI Releases Draft Framework For Self-Regulatory Body For Payment System Operators
Edited by Abhik Deb | Tuesday August 18, 2020The self-regulatory body will observe best practices on security, customer protection and competitiveness -
Paid Rs 195 Crore AGR-Related Dues, Reliance Jio Tells Supreme Court
Edited by Abhik Deb (with inputs from agencies) | Tuesday August 18, 2020On August 14, the top court had sought the details of spectrum sharing pact between RCom and Jio -
Madras High Court Refuses To Allow Reopening Of Vedanta's Copper Smelter
Edited by Abhik Deb (With inputs from Reuters) | Tuesday August 18, 2020The Madras High Court said in its 815-page judgment on Tuesday the shutdown "cannot be treated as knee-jerk reaction". -
Government Urges Auto Makers To Cut Royalties To Foreign Parents: Report
Reuters | Tuesday August 18, 2020The country's markets regulator last year suggested imposing curbs on payments exceeding 2 per cent of revenue. -
Government Keen To Speed Up Stake Sale In Four State-Owned Banks: Report
Edited by Abhik Deb (with inputs from agencies) | Tuesday August 18, 2020The sources said the four lenders in the discussion are Punjab & Sind Bank, Bank of Maharashtra, UCO Bank and IDBI Bank
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