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RBI Approves Dividend Payout Of Rs 57,000 Crore To Government
Edited by Sandeep Singh (with inputs from agencies) | Friday August 14, 2020The government had budgeted a dividend of Rs 60,000 crore from the central bank and other state-run financial institutions. -
Sensex Falls Over 400 Points, Nifty Ends Below 11,200 As Auto, Banking Shares Drag
Edited by Abhishek Vasudev | Friday August 14, 2020Nine of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Bank index's nearly 3 per cent fall. -
Sensex Slumps Over 650 Points Dragged By Banking Shares
Edited by Abhishek Vasudev | Friday August 14, 2020Nine of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty Bank index's nearly 3 per cent decline. -
NBCC Shares Surge On Heavy Volumes
Edited by Abhishek Vasudev | Friday August 14, 2020Shares of National Buildings Construction Corporation (NBCC) rose as much as 6.32 per cent to hit an intraday high of Rs 27.75 on the BSE. -
Wholesale Deflation At 0.58% In July As Prices Ease For Fourth Month, Food Rates Remain High
Edited by Abhik Deb (with inputs from agencies) | Friday August 14, 2020WPI inflation in June was at (-) 1.81 per cent, while for the month of May and April it was (-) 3.37 per cent and (-) 1.57 per cent respectively -
Spot Gold Price Set For First Weekly Decline Since Early June
Reuters | Friday August 14, 2020Gold largely ignored economic data from top consumer China, which missed market expectations and dented equities. -
Amazon To Launch Online Drug Sales In Bengaluru
Reuters | Friday August 14, 2020"Amazon Pharmacy", will offer both over-the-counter and prescription-based drugs, basic health devices and traditional Indian herbal medicines. -
Eicher Motors Falls Over 3% After Reporting Loss In June Quarter
Edited by Abhishek Vasudev | Friday August 14, 2020Royal Enfield sold 58,383 motorcycles in the June quarter, marking a decline of 68 per cent compared to 1,81,966 motorcycles in the year-ago period. -
Sensex, Nifty Off Day's Highs; Pharma Stocks Jump
Edited by Sandeep Singh (with inputs from agencies) | Friday August 14, 2020Analysts say gains were limited as high inflation dashed hopes of further monetary easing in the near term. -
Sensex Gains Over 200 Points, Nifty Crosses 11,350 As Financial, IT Stocks Rise
Edited by Sandeep Singh (with inputs from agencies) | Friday August 14, 2020Shares elsewhere in Asia dropped following lacklustre Chinese economic data, amid worries about a delay in US fiscal stimulus discouraged some investors from taking on risk. -
Sensex, Nifty Likely To Open Flat Today
Edited by Sandeep Singh (with inputs from agencies) | Friday August 14, 2020Shares elsewhere in Asia dropped following lacklustre Chinese economic data, amid worries about a delay in US fiscal stimulus discouraged some investors from taking on risk. -
US Contract Ban Takes Effect For Companies Using Products From Huawei, Others
Reuters | Thursday August 13, 2020The rule bars USgovernment from buying goods or services from any company that uses products from five Chinese companies -
Rise In Retail Inflation Will Make RBI Keep Rate Cut On Hold, Say Experts
Reuters | Thursday August 13, 2020Experts noted the rise in food inflation due to disruption in supply chains. -
Retail Inflation Worsens To 6.93% In July From 6.23% In June
Edited by Abhishek Vasudev | Thursday August 13, 2020Inflation remained above the Reserve Bank of India's medium term range of 4-6 per cent. -
Eicher Motors Reports Loss Of Rs 55 Crore In June Quarter
Edited by Abhishek Vasudev | Thursday August 13, 2020Eicher Motors on Thursday reported consolidated loss of Rs 55 crore in quarter ended June 30 against profit of Rs 452 crore during the same period last year.
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