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Jeff Bezos Sells Amazon Shares Worth $3.1 Billion
Reuters | Thursday August 06, 2020The stock sale comes at a time when the company's shares have surged more than 73 per cent this year -
Vodafone Idea's Loss Widens To Rs 25,460 Crore In June Quarter
Written by Abhishek Vasudev | Thursday August 06, 2020Vodafone Idea said its revenue from operations came in at Rs 10,659.30 crore in the April-June period, down 8 per cent compared to the year-ago period. -
Inflation To Remain High In September Quarter, Warns RBI Governor
Edited by Abhik Deb (with inputs from agencies) | Thursday August 06, 2020RBI left the repo rate and other key policy rates unchanged at existing levels taking stock of recent rise in consumer inflation -
Sensex, Nifty Close 1% Higher After RBI Holds Repo Rate At Record Low
Edited by Abhishek Vasudev | Thursday August 06, 2020Gold loan providers surged after RBI decided to increase the permissible loan to value ratio (LTV) for gold loans to 90% from 75% earlier. -
RBI To "Keep Accommodative Stance" After Leaving Key Rates Unchanged
Anirban Nag, Bloomberg | Thursday August 06, 2020The Monetary Policy Committee voted to keep the benchmark repurchase rate at a record low of 4%, Governor Shaktikanta Das said. -
War Against Coronavirus Most Intense At Current Juncture: Shaktikanta Das
Edited by Sandeep Singh | Thursday August 06, 2020RBI Governor Shaktikanta Das said the rise in new COVID-19 cases has led to the re-imposition of lockdowns in several parts of the country. -
Silver Price Today: Domestic Silver Futures Soar To Record Rs 75,750
Edited by Sandeep Singh (with inputs from agencies) | Thursday August 06, 2020Silver Price Today: The MCX silver futures contract ended the day with a gain of Rs 3,692 - or 5.14 per cent - at Rs 75,585. -
RBI Rate Decision, Loan Restructuring Mostly On Expected Lines: Experts
Reuters | Thursday August 06, 2020RBI unexpectedly kept interest rates on hold on Thursday, amid a recent rise in retail consumer prices. -
Rupee Ends Flat At 74.93 Against Dollar After RBI Keeps Key Rates On Hold
Edited by Sandeep Singh (with inputs from agencies) | Thursday August 06, 2020Rupee Vs Dollar Today: At the current level, the rupee has recovered 2.57 per cent against the US dollar since an all-time low of 76.91 registered in April. -
Living With The Pandemic Has Improved The Way We Manage It: Shaktikanta Das
Edited by Peter Noronha | Thursday August 06, 2020Drawing from Mahatma Gandhi's inspirational words, "If our resolve is firm and our conviction clear, it would mean half the battle won....", Shaktikanta Das reiterated that he continued to be an eternal optimist. -
RBI Extends Provisions For Restructuring MSME Loans Till March
Edited by Abhik Deb | Thursday August 06, 2020The restructuring provision will be available only to MSMEs that were in default but were 'standard' in March, this year -
Sensex Surges Over 500 Points After RBI Keeps Repo Rate Unchanged
Abhishek Vasudev | Thursday August 06, 2020Gold loan providers surged after the RBI decided to increase the permissible loan to value ratio (LTV) for gold loans to 90 per cent from 75% earlier. -
RBI Monetary Policy Meeting: Full Text Of Governor Shaktikanta Das's Speech
Abhik | Thursday August 06, 2020RBIkept the repo rate unchanged at two-decade low of 4 per cent -
RBI Monetary Policy: Central Bank Leaves Key Rates Unchanged Amid High Inflation
Edited by Sandeep Singh (with inputs from agencies) | Thursday August 06, 2020The Reserve Bank of India on Thursday left the repo rate and other key policy rates unchanged at existing levels taking stock of a recent rise in consumer inflation, and said it would ensure retail prices are contained within its medium-term target going forward. Governor Shaktikanta Das said the RBI's Monetary Policy Committee unanimously decided to keep the key rates unchanged and maintain an "accommodative" stance for "as long as necessary to revive growth and mitigate the impact of COVID-19, while ensuring that inflation remains within the target going forward". -
Rate-Sensitive Banking, Auto Stocks Slip Marginally After RBI Policy
Edited by Peter Noronha | Thursday August 06, 2020The Reserve Bank of India left the repo rate unchanged at the existing 4 per cent and maintained its "accommodative" stance on policy, on Thursday
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