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RBI Likely To Cut Lending Rates Despite Inflation Risk: Poll
Reuters | Wednesday August 05, 2020Most economists in a Reuters poll expect RBI to cut repo rate by 25 basis points on August 6 and once more next quarter to a record low of 3.50 per cent. -
Income Tax Return Scrutiny Reduced To 0.25% In Assessment Year 2018-19: Finance Ministry
Press Trust of India | Wednesday August 05, 2020ITR picked up for scrutiny has reduced to 0.25 per cent of the total ITRs filed in assessment year (AY) 2018-19, from 0.55 per cent in AY 2017-18. -
Zenara Pharma Receives Nod To Sell Covid-19 Drug Favipiravir
Edited by Peter Noronha | Wednesday August 05, 2020Zenara Pharma: The Hyderabad-based company has received an approval to sell Favipiravir tablets for treating patients with mild to moderate symptoms of Covid-19. -
Fertiliser Shares Rally On Good Harvest Season
Edited by Peter Noronha | Wednesday August 05, 2020Fertiliser Share Price: Shares of fertiliser producers gained around 1 per cent in early trading, in line with their recent rally, on the back of good rabi season and normal rainfall. -
How To Invest In Sovereign Gold Bond Scheme
Edited by Sandeep Singh | Wednesday August 05, 2020Sovereign Gold Bond Scheme: A discount of Rs 50 per gram is available for online subscribers, aimed at promoting digital payments. -
Sensex Rises Over 300 Points, Nifty Crosses 11,150 As Bank Stocks Lead
Edited by Sandeep Singh (with inputs from agencies) | Wednesday August 05, 2020Analysts awaited the outcome of the Reserve Bank of India's three-day policy review due on Thursday for near-term cues. -
Spot Gold Extends Record Run Above $2,000 Per Ounce Mark
Reuters | Wednesday August 05, 2020Spot gold hit a record high of $2,030.72 in early Asian trade, but later dipped to $2,014.41, with the slight retreat attributed to profit-taking. -
Petrol, Diesel Prices Unchanged On Wednesday
Edited by Peter Noronha | Wednesday August 05, 2020Petrol, Diesel Price: The price of petrol was Rs 80.43 per litre and diesel was Rs 73.56 per litre in Delhi, and Rs 87.19 per litre and Rs 80.11 per litre in Mumbai. -
Sensex, Nifty Likely To Have A Flat Opening
Edited by Peter Noronha (with inputs from agencies) | Wednesday August 05, 2020The domestic stock markets are likely to open flat, post the gains of the previous session, as Asian markets edged lower in early trading -
Weakness In Dollar Not Helping Emerging Markets This Time. Here's Why
Reuters | Tuesday August 04, 2020US Dollar plummeted by its most in a decade in July and USTreasury yields fell to record or multi-year lows -
Google's $2.1 Billion Fitbit Deal Hits Roadblock As EU Opens Probe
Reuters | Tuesday August 04, 2020The deal has drawn criticism from healthcare providers, wearables rivals and privacy advocates -
Liquor Maker Diageo's Full-Year Sales Plunge As Demand In Bars, Restaurants Dries Up
Reuters | Tuesday August 04, 2020On Tuesday, the company reported an 8.4 per cent drop in organic sales for the year ended June 30 -
Gold Price Today: Domestic Gold Futures Ease After Climbing To Record Rs 54,223
Edited by Sandeep Singh (with inputs from Reuters) | Tuesday August 04, 2020Gold Price India Today: At 3:59 pm, the MCX gold futures traded with a gain of Rs 157 - or 0.29 per cent - at Rs 53,840. -
Sensex, Nifty Snap Four-Day Losing Streak Led By HDFC Bank, Reliance Industries
Edited by Abhishek Vasudev | Tuesday August 04, 2020Mid- and small-cap shares also witnessed buying interest as the S&P BSE MidCap and S&P BSE SmallCap indexes rose over a per cent each. -
Wockhardt Shares Hit Upper Limit For Second Straight Day On COVID-19 Vaccine Supply To UK
Edited by Abhik Deb (with inputs from agencies) | Tuesday August 04, 2020On Monday, Wockhardt entered into a fill-and-finish agreement with the UK government to supply COVID-19 vaccines
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