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Reliance Jio Launches New Plans Of Rs 499, Rs 777 With Free Hotstar Subscription
Abhik | Monday August 24, 2020Both the plans come with one year of complimentary Disney+ Hotstar VIP subscription -
Axis Bank Cuts Stake Purchase In Max Life Insurance To 17% From 29%
Edited by Abhik Deb (with inputs from agencies) | Monday August 24, 2020Initially Axis Bank hadplanned to raise its stake in the insurer to 30 per centfor about Rs 1,590 crore -
Court Issues Notice To Government, RBI In Plea Against Google Pay
Edited by Abhik Deb (with inputs from agencies) | Monday August 24, 2020The plea sought directions to Google India Digital Service to give an undertaking to not store data on its app under UPI ecosystem -
Sensex Rallies 364 Points, Nifty Ends Near Six Month High Led By Banks
Edited by Abhishek Vasudev | Monday August 24, 2020Eight of 11 sector gauges compiled by the National Stock Exchange ended higher led by Nifty Private Bank index's over 2 per cent gain. -
Sensex Rises Over 400 Points, Nifty Marches Towards 11,500 Led By Banks
Edited by Abhishek Vasudev | Monday August 24, 2020Eight of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Private Bank index's 2.5 per cent gain. -
Rupee Jumps To 5-Month High Of 74.32 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Monday August 24, 2020Strength in domestic equities and weakness in the dollar overseas supported the rupee, according to analysts. -
Finance Ministry Lists GST Achievements On Arun Jaitley's Death Anniversary
Edited by Abhik Deb | Monday August 24, 2020Arun Jaitley held the finance ministry when the the GST was implemented in July 2017 -
MCX Launches Bulldex, India's First Bullion Index
Edited by Peter Noronha | Monday August 24, 2020Bulldex has gold and silver as underlying, with gold having a weightage of 70.52 per cent and silver accounting for the remaining 29.48 per cent. -
Crude Oil Inches Towards $45 Per Barrel Mark As Storms Loom Over Output
Edited by Sandeep Singh (with inputs from agencies) | Monday August 24, 2020Crude Oil Price Today: At 1:38 pm, Brent traded 0.70 per cent higher at $44.66 per barrel while WTI quoted at $42.63 per barrel, up 0.68 per cent. -
Private Banks Surge After RBI Chief Says Loan Restructuring Will Help Revive Economy
Edited by Abhishek Vasudev | Monday August 24, 2020The gauge of banking shares on the National Stock Exchange - Nifty Bank index -surged as much as 2.38 per cent or 531 points. -
Gold Price Today: Domestic Gold Futures Hold Rs 51,600 As Shares Rise On COVID-19 Treatment Hopes
Edited by Sandeep Singh (with inputs from Reuters) | Monday August 24, 2020At 3:06 pm, the MCX gold futures contract quoted at Rs 51,737 down Rs 279 - or 0.54 per cent - from its previous close. -
IT Stocks Under Pressure In A Firm Market
Edited by Peter Noronha | Monday August 24, 2020Information technology shares were under pressure in an otherwise strong marketdue to across-the-board selling in IT stocks, triggered by weakness in Infosys and Tech Mahindra. -
ICICI Lombard To Buy Bharti AXA General Insurance
Edited by Peter Noronha | Monday August 24, 2020The deal will create India's third largest non-life insurance company, with a combined annual premium of Rs 16,447 crore and a market share of nearly 8.7 per cent. -
Spot Gold Dips As COVID-19 Treatment Hopes Boost Risk Appetite
Reuters | Monday August 24, 2020The dollar index, meanwhile, held steady against a basket of major currencies after climbing to a more than one-week high in the previous session. -
Loan Restructuring Plan Will Help Revive Economy, Says RBI Chief: Report
Suvashree Ghosh, Bloomberg | Monday August 24, 2020Speaking in Hindi, Reserve Bank of India Governor Shaktikanta Das said the moratorium was a "temporary solution" for lockdown and not a permanent fix.
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