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RBI Forms Committee For Recommendations On Restructuring Of Corporate Loans
Edited by Abhik Deb (with inputs from agencies) | Friday August 07, 2020The committee will formulate sector-specific resolution plans for all accounts with total loan exposure of Rs 1,500 crore and above -
Adani Enterprises Not Interested In Domestic Coal Mine Auctions, Says Top Executive
Reuters | Friday August 07, 2020Adani Enterprises' Chief Financial Officer Jugeshinder Singh said the group would restrict participation to mining services -
Sensex, Nifty Muted Amid Rising Coronavirus Cases
Edited by Sandeep Singh (with inputs from agencies) | Friday August 07, 2020The health ministry said on Friday there were 62,538 new infections, taking the country's total to 2.03 million. -
Mindspace Business Parks REIT Lists At Over 10% Premium Over Issue Price
Edited by Abhik Deb | Friday August 07, 2020In intra-day trading, the stock went up till Rs 308.90, an 11.70 per cent rise on the issue price -
Silver Price Today: Domestic Silver Futures Climb To New Peak, Near Rs 78,000 Mark
Edited by Sandeep Singh (with inputs from agencies) | Friday August 07, 2020Silver Price Today: At 11:17, the MCX silver futures contract quoted at Rs 76,520, up 0.62 per cent - or Rs 468 - from its previous close of Rs 76,052. -
Rupee Edges Lower To 75.05 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Friday August 07, 2020The rupee moved in a range of 10 paise against the greenback during the four-hour session, between 74.95 and 75.05. -
Vodafone Idea Slumps After Loss Widens To Rs 25,460 Crore In June Quarter
Edited by Abhishek Vasudev | Friday August 07, 2020Vodafone Idea's average revenue per user (ARPU) per month came down to Rs 114 per month in June quarter. -
Gold Price Today: Domestic Gold Futures Surge to Record Rs 56,191 Tracking Global Rally
Edited by Sandeep Singh (with inputs from agencies) | Friday August 07, 2020Gold Price Today: At 10:39 am, the MCX gold contract quoted at Rs 55,763, down Rs 82 - or 0.15 per cent - from its previous close. -
Uber Rides Take COVID-19 Hit But Food-Delivery Business Doubles
Reuters | Friday August 07, 2020Ride-hailing trips, in the past responsible for nearly two-thirds of Uber's revenue, increased 5 percentage points from their low in April. -
Subscription Window For Fifth Tranche Of Gold Bonds Ends Today. Here's All You Need To Know
Edited by Sandeep Singh (with inputs from agencies) | Friday August 07, 2020Sovereign Gold Bond Scheme: A discount of Rs 50 per gram is available for online subscribers, aimed at promoting digital payments. -
Spot Gold Rate Soars To Record High As Safety Rush Intensifies
Reuters | Friday August 07, 2020Surging COVID-19 cases in the United States have dampened hopes for a nascent economic recovery and weighed on rival safe-haven dollar. The greenback was headed for its seventh consecutive weekly decline. -
Sensex, Nifty Edge Lower In Early Trade
Edited by Sandeep Singh (with inputs from agencies) | Friday August 07, 2020HCL Tech, HDFC Bank, Infosys, Hero MotoCorp and ICICI Bank, trading between 1.11 per cent and 163 per cent lower, were the worst hit among the 26 losers in the 50-scrip Nifty basket. -
Facebook Shares Surge Over 6% After Rollout Of Instagram Reels
Edited by Sandeep Singh (with inputs from Reuters) | Friday August 07, 2020Facebook Share Price: The stock rose 7.02 per cent at the strongest level of the day to touch the $266.60 mark, compared to its previous close of $249.12. -
Petrol, Diesel Prices Unchanged On Friday
Edited by Sandeep Singh (with inputs from agencies) | Friday August 07, 2020Petrol, Diesel Price: While petrol prices have been steady for more than a month, diesel rates have been revised on many occasions. -
RBI Allows One-Time Restructuring Of Corporate, Personal Loans
Press Trust of India | Thursday August 06, 2020Bankers had pitched for a one-time loan recast of accounts facing challenges due to the pandemic
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