Latest News
-
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. -
Covid Crisis Makes Predicting India's GDP Growth Harder
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 -
GST Collection Severely Affected Due To Covid-19: Highlights Of GST Council Meet
Edited by Abhishek Vasudev | Thursday August 27, 2020GST Council Meeting Updates: Compensation gap estimated at 2.35 lakh crorem says Revenue Secretary -
State-Owned Oil Refiners Halt Imports From Chinese Companies: Report
Reuters | Thursday August 27, 2020Reportedly, last week, state refiners decided to stop sending crude import tenders to Chinese trading firm like CNOOC Ltd, Unipec and PetroChina -
Crude Oil Rate Steady Below $46 Per Barrel After Recent Gains
Edited by Sandeep Singh (with inputs from agencies) | Thursday August 27, 2020The threat from Hurricane Laura has pushed the market higher this week, but the storm is not expected to affect supplies much because oil and product inventories remain high. -
Farmers Face Debts As Banks Turn Risk-Averse During Pandemic
Reuters | Thursday August 27, 2020Farmers are being shunned by banks as lenders turn cautious due to rising bad loans -
Sensex, Nifty Gain A Modest 2% In 5-Day Winning Run
Edited by Sandeep Singh (with inputs from agencies) | Thursday August 27, 2020Markets globally are still focused on the endless liquidity being pumped out by central banks. -
Sensex, Nifty Gain For Fifth Straight Day; Realty Shares Outperform
Edited by Abhishek Vasudev | Thursday August 27, 2020Shares of real estate companies rallied after the Maharashtra government slashed stamp duty on real estate transactions by 3 per cent.
................................ Advertisement ................................
from Latest Business News, Business News Today, Financial News, Share Market News, Economic News at NDTV Profit https://ift.tt/3jyTeP9
via IFTTT
Comments
Post a Comment