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Sensex, Nifty Off Day's Lows As Energy, Metal Stocks Rise
Edited by Sandeep Singh (with inputs from agencies) | Thursday August 20, 2020Global markets fell after the Federal Reserve warned the US economy faced a highly uncertain path to recovery from the coronavirus-induced downturn. -
Sensex Falls Over 400 Points, Nifty Below 11,300 Tracking Global Markets
Edited by Sandeep Singh (with inputs from agencies) | Thursday August 20, 2020Global markets fell after the Federal Reserve warned the US economy faced a highly uncertain path to recovery from the coronavirus-induced downturn. -
Apple Market Value Hits $2 Trillion As Share Price Climbs To $469
Reuters | Thursday August 20, 2020Apple's market capitalization is about equal to the combined values of the S&P 500's 200 smallest companies. -
As iPhone Maker Hits $2-Trillion Market Value, Here's All You Need To Know About Apple
Edited by Sandeep Singh (with inputs from agencies) | Thursday August 20, 2020Apple share price rose more than 1 per cent on Wednesday, taking the iPhone maker's market capitalisation (M-Cap) - or market value - above the $2-trillion mark. That made Apple the first US company to reach the $2-trillion milestone. With that, Apple completed its journey from $1 trillion to $2 trillion in a little more than two years. Apple shares ended the day 0.13 per cent higher at $462.83, having risen 1.38 per cent - or $6.4 - to quote at $468.65 at the strongest level recorded during the session. -
Petrol Prices Hiked Again, Diesel Remains Unchanged On Thursday
Edited by Edited by Peter Noronha (with inputs from IANS) | Thursday August 20, 2020Petrol Diesel Price: Petrol prices were hiked across the metros by 10 paisa each, on Thursday, i.e. August 20, after a 1-day interlude, while diesel prices were kept unchanged. -
Sensex, Nifty Likely To Have A Weak Opening
Edited by Peter Noronha (with inputs from agencies) | Thursday August 20, 2020Wall Street finished lower on Wednesday after Federal Reserve raised concerns that the US economic recovery from the pandemic faced a highly uncertain path. -
Apple Tops $2 Trillion In Market Value, First Listed US Company To Do So
Reuters | Wednesday August 19, 2020Shares in the company have surged since blowout quarterly results in July -
Regulatory Body Dismisses Antitrust Case Against WhatsApp Pay
Edited by Abhik Deb (With inputs from Reuters) | Wednesday August 19, 2020A case in March alleged that WhatsApp was bundling the digital payment facility within its messaging app, forcing the feature on existing users -
Government Launches App To Process Loans For Street Vendors
Edited by Abhik Deb (with inputs from agencies) | Wednesday August 19, 2020Under the PM SVANidhi scheme, street vendors can avail a working capital loan of up to Rs 10,000 -
Government Relaxes Working Capital Norms For Power Distribution Firms
Edited by Abhishek Vasudev (With inputs from PTI) | Wednesday August 19, 2020One-time relaxation will help in providing liquidity to the power sector and ensure payments by discoms. -
Sensex, Nifty Extend Gains To Third Day In A Row
Edited by Abhishek Vasudev | Wednesday August 19, 2020Seven of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Media index's over 5 per cent gain. -
Reforms Hold the Key To Reverse Slowdown, World Bank Tells India
Edited by Peter Noronha | Wednesday August 19, 2020The World Bank, in its Indian Development Update' Report on Indian Economy, exuded confidence that economic slowdown will open new opportunities for the country. -
Rupee Erases Early Gains, Closes At 74.82 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Wednesday August 19, 2020At the current level, the rupee has recovered 2.72 per cent against the dollar since an all-time low of 76.91 registered in April, but is still down 4.85 per cent so far this year. -
Sensex, Nifty Hold Gains; Real Estate Shares Rally For Second Straight Day
Edited by Abhishek Vasudev | Wednesday August 19, 2020Seventeen of 19 sector gauges compiled by the National Stock Exchange were trading higher led by the S&P BSE Realty index's nearly 2 per cent gain. -
50 Lakh Salaried Jobs Lost In July, Nearly 2 Crore Since April: Think-Tank
Edited by Abhik Deb | Wednesday August 19, 2020While the overall employment rate has improved, CMIE said its an "unhealthy recovery" as most of the new jobs are in the informal sector
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