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Sensex, Nifty To Face Correction After A 50% Rally Despite Covid-19: Poll
Reuters | Wednesday August 26, 2020Nearly two-thirds, or 30 of 46 strategists polled, said a significant correction in equities was either likely or very likely over the next 3 months. -
Accenture To Cut 5% Of Global Workforce
Edited by Sandeep Singh | Wednesday August 26, 2020The company has about 2 lakh employees in India. -
Regulatory Body TRAI Issues Show Cause Notice To Vodafone Idea Over "Misleading Offer"
Edited by Abhik Deb (with inputs from agencies) | Wednesday August 26, 2020The regulatory body had reportedly been probing Vodafone Idea's priority plan RedX and Bharti Airtel's Platinum offering -
Sensex, Nifty Gain For Fourth Day In A Row Led By Auto, Banking Shares
Edited by Abhishek Vasudev | Wednesday August 26, 2020Mid- and small-cap shares also witnessed buying interest as the Nifty Midcap 100 index rose 0.55% and Nifty Smallcap 100 index rose 1%. -
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.
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