Latest News
-
Farmers Face Debts As Banks Turn Risk-Averse During Pandemic
Reuters | Thursday August 27, 2020Farmers are being shunned by banks as lenders turn cautious due to rising bad loans -
Sensex, Nifty Gain For Fifth Straight Day; Realty Shares Outperform
Edited by Abhishek Vasudev | Thursday August 27, 2020Shares of real estate companies rallied after the Maharashtra government slashed stamp duty on real estate transactions by 3 per cent. -
Court Halts Insolvency Proceedings Against Reliance's Anil Ambani
Reuters | Thursday August 27, 2020Delhi High Court on Thursday halted insolvency proceedings against Reliance Group chairman Anil Ambani. -
Delhi High Court Stays Insolvency Proceedings Against Anil Ambani Upon SBI's Claims
Edited by Abhik Deb (with inputs from agencies) | Thursday August 27, 2020NCLT appointed a bankruptcy administrator to verify SBI's claim that Mr Ambani offered personal guarantees to seek loans from the lender -
Tiktok CEO Kevin Mayer Quits After Less Than Three Months As U.S. Plans Ban
Reuters | Thursday August 27, 2020Kevin Mayer has left short video app firm days after TikTok sued the administration of U.S. President Donald Trump over an executive order banning transactions with it in the country. -
Rupee Rises To Over 5-Month Closing High Of 73.81 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Thursday August 27, 2020The rupee has recovered 3.43% from an all-time low of 76.91 registered in April. -
Amazon's Supermarket With High-Tech Carts Opens In Los Angeles
Reuters | Thursday August 27, 2020The world's largest online retailer has experimented with physical stores in recent years to capture more consumer spending, particularly in groceries. The Woodland Hills site will open to the wider public in coming weeks, Amazon said. -
Crude Oil Price Steady As Gulf Of Mexico Coast Braces For Hurricane Laura
Reuters | Thursday August 27, 2020, Melbourne/SingaporeThe threat from Hurricane Laura has pushed the market higher this week, but the storm is not expected to affect supplies much because oil and product inventories remain high due to the coronavirus pandemic's hit to fuel demand. -
Spot Gold Eases On Profit-Booking; All Eyes On US Central Bank
Reuters | Thursday August 27, 2020The US central bank has slashed interest rates to near zero and rolled out unprecedented stimulus to revive the coronavirus-hit economy, contributing to gold's over 27 per cent climb so far this year. -
India INX To Launch Gold, Silver Futures Contracts In Dollars On August 31
Edited by Peter Noronha | Thursday August 27, 2020The Gold Quanto futures has Indian Gold spot purity 995 as underlying and Silver Quanto futures has Indian Silver spot purity 999 as underlying, and both will be settled in cash in US dollars. -
Economy More Resilient Now Versus Global Financial Crisis, Says RBI Governor
Reuters | Thursday August 27, 2020Shaktikanta Das said factors like an improved debt-to-gross domestic product ratio and sharply better current account were positive for the economy. -
Rupee Jumps By 49 Paise To 73.81 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Thursday August 27, 2020The rupee has recovered 3.39 per cent from an all-time low of 76.91 registered in April. -
Sensex, Nifty On Course To End Higher For Fifth Day
Edited by Sandeep Singh (with inputs from agencies) | Thursday August 27, 2020Markets globally are still focused on the endless liquidity being pumped out by central banks. -
Real Estate Shares Rally After Maharashtra Government Slashes Stamp Duty
Edited by Abhishek Vasudev | Thursday August 27, 2020The state government on Wednesday decided to slash stamp duty on sale deed documents by 3 per cent from September 1 to December 31, 2020. -
Risk Aversion Will Be Self-Defeating For Banks: Shaktikanta Das
Press Trust of India | Thursday August 27, 2020, MumbaiMr Das said that rather than becoming averse to lending, banks have to improve their risk management and governance frameworks, and also build sufficient resilience.
................................ Advertisement ................................
from Latest Business News, Business News Today, Financial News, Share Market News, Economic News at NDTV Profit https://ift.tt/3gvz0DL
via IFTTT
Comments
Post a Comment