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Economic Growth To Contract By 16.5% In Q1 As Coronavirus Spreads: SBI Report
Edited by Abhishek Vasudev | Monday August 17, 2020Corporate earnings indicate more than 25 per cent decline in revenues and more than 55 per cent decline in profits. -
Power Output Rises For First Time In Five Months In Early August: Report
Reuters | Monday August 17, 2020Power generation rose 2.6 per cent in the first 15 days of August compared with the same period of last year. -
Taxpayers Not Required To Disclose High-Value Transactions In Return Form: Report
Press Trust of India | Monday August 17, 2020Only third parties would report high-value transactions to the I-T department as per the Income Tax Act. -
Silver Price Today: Domestic Silver Futures Gain Nearly 3% To Settle At Rs 68,969
Edited by Sandeep Singh (with inputs from Reuters) | Monday August 17, 2020Silver Rate Today: MCX silver futures settled at Rs 69,080 for the day, up 2.84 per cent - or Rs 1,909 - from their previous close. -
Gold Price Today: Domestic Gold Futures Trim Gains, But Hold Rs 52,500 Level
Edited by Sandeep Singh (with inputs from agencies) | Monday August 17, 2020Gold Rate Today: The closing rate of gold jewellery stood at Rs 52,874/10 grams, excluding GST, according to Mumbai-based industry body India Bullion and Jewellers Association (IBJA). -
Gold Recovers Early Losses To Move Higher; Focus Turns To US Central Bank
Reuters | Monday August 17, 2020Making gold more attractive for holders of other currencies, the dollar slipped as investors were relieved by a delay in the review of a US-China trade pact. -
Sensex, Nifty End Higher Amid Choppy Trade Led By Metal, Auto Shares
Edited by Abhishek Vasudev | Monday August 17, 2020Nine of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Metal and Auto index's over 2 per cent gain. -
Rupee Closes Nearly Unchanged At 74.88 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Monday August 17, 2020Analysts expect the rupee to continue to trade sideways against the greenback in the near term. -
Sensex, Nifty Edge Higher Amid Volatile Trade
Edited by Sandeep Singh (with inputs from agencies) | Monday August 17, 2020IT and metal stocks rose with the Nifty IT and the Nifty Metal indices rising over 1 per cent each. -
Back To The Paddy Fields. COVID Smashes Indian Middle-Class Dreams
Reuters | Monday August 17, 2020At least 400 million workers are at risk of falling deeper into poverty, according to the International Labour Organization (ILO). -
Reliance In Talks To Buy Online Furniture Retail, Milk Delivery Startups: Report
Reuters | Monday August 17, 2020Reliance Industries: Representatives at Reliance, Urban Ladder and Milkbasket did not immediately respond to Reuters requests for comment. -
MCX To Launch India's First Bullion Index
Edited by Peter Noronha | Monday August 17, 2020"MCX iCOMDEX Bullion Index Futures contracts, expiring September, October and November, will be available for trading with effect from August 24," MCX said. -
Here's How Much You Pay For Fuel Today
Edited by Sandeep Singh | Monday August 17, 2020On 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. -
Rupee Edges Higher To 74.80 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Monday August 17, 2020At 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. -
Wipro Completes Acquisition Of Brazilian Firm; Stock Gains Nearly 2%
Edited by Peter Noronha | Monday August 17, 2020Wipro 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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