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Vodafone Idea Slumps After Loss Widens To Rs 25,460 Crore In June Quarter
Edited by Abhishek Vasudev | Friday August 07, 2020Vodafone Idea's average revenue per user (ARPU) per month came down to Rs 114 per month in June quarter. -
Gold Price Today: Domestic Gold Futures Surge to Record Rs 56,191 Tracking Global Rally
Edited by Sandeep Singh (with inputs from agencies) | Friday August 07, 2020Gold Price Today: At 10:39 am, the MCX gold contract quoted at Rs 55,763, down Rs 82 - or 0.15 per cent - from its previous close. -
Uber Rides Take COVID-19 Hit But Food-Delivery Business Doubles
Reuters | Friday August 07, 2020Ride-hailing trips, in the past responsible for nearly two-thirds of Uber's revenue, increased 5 percentage points from their low in April. -
Subscription Window For Fifth Tranche Of Gold Bonds Ends Today. Here's All You Need To Know
Edited by Sandeep Singh (with inputs from agencies) | Friday August 07, 2020Sovereign Gold Bond Scheme: A discount of Rs 50 per gram is available for online subscribers, aimed at promoting digital payments. -
Spot Gold Rate Soars To Record High As Safety Rush Intensifies
Reuters | Friday August 07, 2020Surging COVID-19 cases in the United States have dampened hopes for a nascent economic recovery and weighed on rival safe-haven dollar. The greenback was headed for its seventh consecutive weekly decline. -
Sensex, Nifty Edge Lower In Early Trade
Edited by Sandeep Singh (with inputs from agencies) | Friday August 07, 2020HCL Tech, HDFC Bank, Infosys, Hero MotoCorp and ICICI Bank, trading between 1.11 per cent and 163 per cent lower, were the worst hit among the 26 losers in the 50-scrip Nifty basket. -
Facebook Shares Surge Over 6% After Rollout Of Instagram Reels
Edited by Sandeep Singh (with inputs from Reuters) | Friday August 07, 2020Facebook Share Price: The stock rose 7.02 per cent at the strongest level of the day to touch the $266.60 mark, compared to its previous close of $249.12. -
Petrol, Diesel Prices Unchanged On Friday
Edited by Sandeep Singh (with inputs from agencies) | Friday August 07, 2020Petrol, Diesel Price: While petrol prices have been steady for more than a month, diesel rates have been revised on many occasions. -
RBI Allows One-Time Restructuring Of Corporate, Personal Loans
Press Trust of India | Thursday August 06, 2020Bankers had pitched for a one-time loan recast of accounts facing challenges due to the pandemic -
Jeff Bezos Sells Amazon Shares Worth $3.1 Billion
Reuters | Thursday August 06, 2020The stock sale comes at a time when the company's shares have surged more than 73 per cent this year -
Vodafone Idea's Loss Widens To Rs 25,460 Crore In June Quarter
Written by Abhishek Vasudev | Thursday August 06, 2020Vodafone Idea said its revenue from operations came in at Rs 10,659.30 crore in the April-June period, down 8 per cent compared to the year-ago period. -
Inflation To Remain High In September Quarter, Warns RBI Governor
Edited by Abhik Deb (with inputs from agencies) | Thursday August 06, 2020RBI left the repo rate and other key policy rates unchanged at existing levels taking stock of recent rise in consumer inflation -
Sensex, Nifty Close 1% Higher After RBI Holds Repo Rate At Record Low
Edited by Abhishek Vasudev | Thursday August 06, 2020Gold loan providers surged after RBI decided to increase the permissible loan to value ratio (LTV) for gold loans to 90% from 75% earlier. -
RBI To "Keep Accommodative Stance" After Leaving Key Rates Unchanged
Anirban Nag, Bloomberg | Thursday August 06, 2020The Monetary Policy Committee voted to keep the benchmark repurchase rate at a record low of 4%, Governor Shaktikanta Das said. -
War Against Coronavirus Most Intense At Current Juncture: Shaktikanta Das
Edited by Sandeep Singh | Thursday August 06, 2020RBI Governor Shaktikanta Das said the rise in new COVID-19 cases has led to the re-imposition of lockdowns in several parts of the country.
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