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Rupee Closes Nearly Unchanged At 74.88 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Monday August 17, 2020Analysts expect the rupee to continue to trade sideways against the greenback in the near term. -
Sensex, Nifty Edge Higher Amid Volatile Trade
Edited by Sandeep Singh (with inputs from agencies) | Monday August 17, 2020IT and metal stocks rose with the Nifty IT and the Nifty Metal indices rising over 1 per cent each. -
Back To The Paddy Fields. COVID Smashes Indian Middle-Class Dreams
Reuters | Monday August 17, 2020At least 400 million workers are at risk of falling deeper into poverty, according to the International Labour Organization (ILO). -
Reliance In Talks To Buy Online Furniture Retail, Milk Delivery Startups: Report
Reuters | Monday August 17, 2020Reliance Industries: Representatives at Reliance, Urban Ladder and Milkbasket did not immediately respond to Reuters requests for comment. -
MCX To Launch The Country's First Bullion Index On August 24
Edited by Peter Noronha | Monday August 17, 2020"MCX iCOMDEX Bullion Index Futures contracts, expiring September, October and November, will be available for trading with effect from August 24," MCX said. -
Here's How Much You Pay For Fuel Today
Edited by Sandeep Singh | Monday August 17, 2020On Monday, the price of benchmark Brent crude was last seen trading at $45.14 per barrel, and natural gas at $2.36 per MMBtu ormetric million British thermal unit. -
Rupee Edges Higher To 74.80 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Monday August 17, 2020At Friday's closing level of 74.90, the rupee has recovered 2.72 per cent against the US currency since an all-time low of 76.91 registered in April, but is still down 4.85 per cent so far this year. -
Wipro Completes Acquisition Of Brazilian Firm; Stock Gains Nearly 2%
Edited by Peter Noronha | Monday August 17, 2020Wipro had announced in July that it had signed an agreement to acquire the Brazilian IT firm IVIA Servios de lnformitica Ltda for $22.4 million (about Rs 169 crore). -
Sensex Drops Over 350 Points From Day's High, Nifty Below 11,150 Amid Choppy Trade
Edited by Sandeep Singh (with inputs from agencies) | Monday August 17, 2020Government data released on Friday evening showed the country's trade deficit in goods stood at $4.83 billion in July, after its first trade surplus in over 18 years in the previous month. -
Sensex Rises Over 200 Points, Nifty Above 11,200 Amid Gains Across Sectors
Edited by Sandeep Singh (with inputs from agencies) | Monday August 17, 2020Government data released on Friday evening showed the country's trade deficit in goods stood at $4.83 billion in July, after its first trade surplus in over 18 years in the previous month. -
Petrol Prices Hiked Across Metros For Second Consecutive Day
Edited by Peter Noronha | Monday August 17, 2020The price of petrol were increased to Rs 80.73 per litre in Delhi from the previous day's Rs 80.57 per litre and to Rs 87.45 in Mumbai from the earlier Rs 87.31per litre. -
Sensex, Nifty Likely To Have A Strong Opening
Edited by Peter Noronha (with inputs from agencies) | Monday August 17, 2020The domestic stock markets are likely to start the week on a strong note, following robust gains in Asian markets and positive signals from Singapore Nifty futures trading. -
Pandara Market: A Paradigm Shift To The Experience
Written by Sakshi Bajaj | Sunday August 16, 2020While deliveries started to increase over the last two months, there are footfalls that have just started since the past three weeks. -
Silver Has Outperformed Gold This Year. Is Silver The New Gold?
Written by Peter Noronha | Sunday August 16, 2020On July 21, silver breached the $20 level in the global markets for the first time since September 2016 and has provided annual returns of almost 61 per cent till date, compared to gold's 15 per cent. -
Bling No Longer King In India As Gold Loses Its Shine In Wake of Coronavirus
Agence France-Presse | Sunday August 16, 2020Months after India lifted its strict lockdown, the country's biggest gold market Zaveri Bazaar remains desolate, with most stores closed and no customers in sight.
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