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Rupee Ends Volatile Session Flat At 74.30 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Wednesday August 26, 2020Rupee Vs Dollar: At the current level, the rupee is down 4.09 per cent against the US currency so far this year. -
Crude Oil Price Edges Higher To $46 Per Barrel Mark On US Output Cut
Edited by Sandeep Singh (with inputs from agencies) | Wednesday August 26, 2020Crude Oil Price: At 1:31 pm, Brent futures traded 0.22 per cent higher at $45.96 per barrel, but WTI futures were down 0.07 per cent at $43.32 per barrel. -
All You Need To Know About Current Gold And Silver Rates
Edited by Sandeep Singh (with inputs from Reuters) | Wednesday August 26, 2020Gold, Silver Price: Gold and silver jewellery prices vary in different parts of the country due to factors such as local taxes and making charges. -
You Locked Down Whole Country, Now Give Relief: Supreme Court To Centre
Reported by A Vaidyanathan, Edited by Abhishek Vasudev | Wednesday August 26, 2020The top court was hearing petitions that wanted waiver of interest on loan repayment during moratorium period, announced due to the coronavirus lockdown. -
Silver Lining For Some Start-Ups Amid Covid-19 Pandemic
Written by Sakshi Bajaj | Wednesday August 26, 2020Analysts believe the rate of success for a start-up is based on the idea and the timing of the implementation. -
Auto Stocks Rise Upto 5% On Tax Cut Hopes
Edited by Peter Noronha | Wednesday August 26, 2020Speaking to industry executives at a virtual briefing, Ms Nirmala Sitharaman said lowering taxes on some types of vehicles was a "good suggestion". -
Bad Bank Not Only Necessary But Unavoidable: Former RBI Governor D Subbarao
Press Trust of India | Wednesday August 26, 2020, New DelhiMuch of the resolution will have to take place outside the Insolvency and Bankruptcy Code framework, former Reserve Bank of India Governor D Subbarao said. -
Sensex Falls Over 200 Points From Day's High As Markets Erase Early Gains
Edited by Sandeep Singh (with inputs from agencies) | Wednesday August 26, 2020Analysts awaited the release of official data on the country's gross domestic product due next week for more clarity on the damage caused by the coronavirus pandemic. -
Covid Shock To Consumption Severe, Demand Recovery Will Take Time: RBI
Anirban Nag, Bloomberg | Wednesday August 26, 2020RBI said that demand in the economy is likely to take more time to mend in the absence of greater fiscal support, even as the government is constrained in its ability to provide more stimulus. -
Sensex Rises Over 100 Points, Nifty Crosses 11,500 Led By Auto Stocks
Edited by Sandeep Singh (with inputs from agencies) | Wednesday August 26, 2020Analysts awaited the release of official data on the country's gross domestic product (GDP) due next week for cues. -
In Absence Of Funds, PMC Bank Depositors Survive On Loans, Charity
Reuters | Wednesday August 26, 2020Withdrawal cap has left many of PMC's over 900,000 depositors in deep difficulty, with some struggling to clear loans and others depending on friends for their groceries. -
Petrol Price Hike Paused After Six Days, On Wednesday
Edited by Peter Noronha | Wednesday August 26, 2020In Delhi, the price of petrol was steady at Rs 81.73 per litre, whilediesel prices werekept steady at Rs 73.56 per litre,according to Indian Oil Corporation. -
Sensex, Nifty Likely To Have A Subdued Opening
Edited by Peter Noronha (with inputs from agencies) | Wednesday August 26, 2020The domestic stock markets are likely to have a subdued start, following cautious cues from the Asian bourses and listless trading on SGX Niftyfutures. -
Government Allows Research Spends On COVID-19 Vaccine, Drugs Under CSR Norms
Edited by Abhik Deb | Tuesday August 25, 2020The notification further said that the spending will have to be made in financial years 2020-21, 2021-22 and 2022-23 -
ICICI Bank Uses Satellite Images For Farm Loans To Cut Costs
Reuters | Tuesday August 25, 2020Banks typically deploy officials to travel to assess irrigation systems, crop quality and land location for forecasting farm revenue to make loans
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