Latest News
-
Sensex Surges Over 450 Points, Nifty Tops 11,650 Powered By Banks
Written by Abhishek Vasudev | Friday August 28, 2020Banking shares were witnessing strong buying interest as the gauge of banking shares on the National Stock Exchange rose 3%. -
Recovery Hopes Dashed For India's Recession-Hit Economy: Poll
Reuters | Friday August 28, 2020Indian economy likely shrank 18.3 per cent during that period, according to the August 18-27 poll of over 50 economists. -
Rupee Hits Over 5-Month High On Dollar Inflows; RBI Eyed
Reuters | Friday August 28, 2020The partially convertible rupee rose to a high of 73.5150 per dollar, its strongest since March 5. It had closed at 73.83 on Thursday. -
Gold Price Today: Domestic Gold Futures Move In Rs 350 Range As Global Rates Inch Higher
Edited by Sandeep Singh (with inputs from agencies) | Friday August 28, 2020At 11:22 am, the MCX gold futures contract quoted at Rs 50,972, up Rs 70 - or 0.14 per cent - compared to its previous close. -
Rupee Opens Flat Against US Dollar
Press Trust of India | Friday August 28, 2020, MumbaiThe dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.19 per cent to 92.82. -
Crude Oil Price Steady As US Companies Avoid Worst Of Storm
Reuters | Friday August 28, 2020, SingaporeBrent crude futures for October, set to expire on Friday, rose 2 cents to $45.11 a barrel, heading for a 1.7 per cent weekly gain. -
Spot Gold Recovers Some Ground As Slowdown Fears Persist Amid COVID-19
Reuters | Friday August 28, 2020Rising coronavirus cases has cast a shadow on hopes of quick economic recovery and has prompted central banks to reduce interest rates and loosen their monetary stance, helping gold prices climb 28 per cent so far this year. -
Defence Shares Rally After PM Modi Calls For Self-Reliance In Defence Production
Edited by Abhishek Vasudev (With inputs from PTI) | Friday August 28, 2020PM Modi said India's self-reliance on defence capabilities will boost its standing of being a net security provider in the Indian Ocean. -
COVID-19 Crisis: United Airlines Announces Its Biggest Pilot Job Cut Ever
Reuters | Friday August 28, 2020, ChicagoChicago-based United is more exposed than its peers to international travel, which is expected to take longer to rebound from the pandemic. -
Difficult To Gauge Extent Of Economic Disruption Under Lockdowns: Report
Vrishti Beniwal, Bloomberg | Friday August 28, 2020Forecasts for GDP in the quarter through June range from a contraction of 15 per cent to a decline of 25.9 per cent, with a median estimate of -19.2 per cent. -
Sensex, Nifty Gain After US Central Bank Policy Shift
Edited by Sandeep Singh (with inputs from agencies) | Friday August 28, 2020At 9:59 am, the Sensex traded 0.46 per cent - or 181.26 points - higher at 39,294.73, while the Nifty was up 0.48 per cent - or 55.45 points - at 11,614.70. -
In A Big Shift, US Central Bank Rewrites Its Approach To Inflation, Jobs Market
Reuters | Friday August 28, 2020The policy shift is arguably the biggest for the Fed since Paul Volcker remade the central bank into an inflation-slaying force four decades ago, when prices were spiraling higher. -
Sensex Gains Over 200 Points, Nifty Tops 11,600 After US Central Bank's Policy Shift
Edited by Sandeep Singh (with inputs from agencies) | Friday August 28, 2020Federal Reserve Chairman Jerome Powell laid out a policy that aims for 2 per cent inflation on average so that too low a pace would be followed by an effort to lift inflation. -
Top Court Asks SBICAP Ventures To Start Funding 6 Stalled Projects Of Amrapali Group
Press Trust of India | Friday August 28, 2020, New DelhiThe top court asked the Centre to consider as a special case and provide the remaining money for construction of other stalled projects from the stress funds created for the real estate sector. -
GST Council Meet: Centre Gives States Two Options To Compensate Rs 2.35 Lakh Crore Tax Shortfall
Edited by Abhik Deb | Thursday August 27, 2020Centre asked the states to borrow money from the market in order to meet the Rs 2.35 lakh crore compensation shortfall
................................ Advertisement ................................
from Latest Business News, Business News Today, Financial News, Share Market News, Economic News at NDTV Profit https://ift.tt/3lnOYDz
via IFTTT
Comments
Post a Comment