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Fiscal Deficit Breaches Full-Year Target Within Four Months
Edited by Abhik Deb (with inputs from agencies) | Monday August 31, 2020In June, fiscal deficit had touched record levels for the first quarter, reaching 83.2 per cent of the full-year target within first three months -
RBI Announces More Liquidity Operations Worth Rs 20,000 Crore
Edited by Abhik Deb | Monday August 31, 2020RBI has also announced the infusion of Rs 1 lakh crore in mid-September through long-term repo operations (LTROs) at floating rates -
Sensex Crashes 839 Points As Border Tensions Escalate Between India And China
Written by Abhishek Vasudev | Monday August 31, 2020In a major flare-up in Ladakh, Chinese troops "carried out provocative military movements to change the status quo" near Pangong Tso lake. -
Core Sector Production Contracted 9.6% In July
Edited by Peter Noronha | Monday August 31, 2020The data on the eight sectors comes at a time when the government is gradually easing restrictions that were imposed to curb the spread of Covid-19. -
Sensex, Nifty Halt 6-Day Winning Run Ahead Of GDP Data
Edited by Abhishek Vasudev | Monday August 31, 2020Official data on the country's gross domestic product (GDP) will be released at 5:30 pm today. -
Rupee Weakens By 22 Paise To End At 73.62 Against Dollar Ahead Of GDP Data
Edited by Sandeep Singh (with inputs from agencies) | Monday August 31, 2020Currently, the rupee has taken its recovery from an all-time low of 76.91, registered in April, to 4.28 per cent. -
Loan Moratorium Expires Today, RBI Unlikely To Extend Relief: Report
Edited by Abhik Deb (with inputs from agencies) | Monday August 31, 2020The Supreme Court, on September 1, will hear a fresh plea seeking extension of the scheme -
Sensex Plummets Over 1,200 Points From Day's High. Here's Why
Written by Abhishek Vasudev | Monday August 31, 2020India is likely entering its deepest recession on record, which is expected to run through the second half of the fiscal year. -
Sovereign Gold Bonds Open For Subscription Till Friday. Should You Buy?
Edited by Sandeep Singh | Monday August 31, 2020The interest on gold bonds is taxable. However, the capital gains arising out of redemption are exempted for individual investors. -
Adani Group To Purchase Majority Stake In Mumbai International Airport
Edited by Peter Noronha | Monday August 31, 2020Adani Group will buy 50.5 per centstake from GVK Group and 23.5 per cent from minority partners including Airports Company South Africa and Bidvest Group. -
Sensex, Nifty Tumble Ahead Of GDP Data
Edited by Sandeep Singh (with inputs from Reuters) | Monday August 31, 2020At 1:56 pm, the Sensex traded at 38,857.78, down 609.53 points - or 1.54 per cent - from its previous close, while the Nifty was down 203.45 points - or 1.75 per cent - at 11,444.15. -
Adani Group To Buy 74% Stake In Mumbai Airport
Press Trust of India | Monday August 31, 2020, New DelhiAdani Airport Holdings has "entered into an agreement to acquire the debt of GVK Airport Developers", Adani Enterprise said. -
BSE's India INX Launches Gold, Silver Futures Contracts In Dollars
Edited by Peter Noronha | Monday August 31, 2020The underlying of Gold Quanto futures is Indian Gold spot purity 995 and that of Silver Quanto futures is Indian Silver spot purity 999. -
"Extreme Economic Shock": GDP Data To Show Covid Impact
Anirban Nag and Vrishti Beniwal, Bloomberg | Monday August 31, 2020With more than 65,000 new infections a day and total cases topping 3 million in a country of 1.3 billion, India's road to recovery appears a long and hard one. -
Reliance Industries Gains Over 2% On Future Group Acquisition
Edited by Peter Noronha | Monday August 31, 2020Reliance Industries Limited: Reliance Industries on Saturday announced the acquisition of the retail, wholesale, logistics and warehousing businesses of the Future Group for Rs 24,713 crore.
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