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Aviation Shares Soar As Domestic Flight Operations Raised To 60%
Edited by Peter Noronha | Thursday September 03, 2020The Centre started the flight operations in a calibrated manner, beginning with 30 per cent on May 25 and progressively increasing it to 60 per cent as of date -
Sensex Rises 150 Points Amid Gains Across Sectors
Edited by Sandeep Singh (with inputs from agencies) | Thursday September 03, 2020Shares elsewhere in Asia began the day on a strong note as a sustained recovery in China's services sector and the prospect of additional US stimulus whetted risk appetite. -
Sovereign Gold Bond Subscription Window Closes Soon. Should You Buy?
Edited by Sandeep Singh | Thursday September 03, 2020Sovereign Gold Bond Scheme 2020-21: Subscribers can even earn an interest on their investment in gold bonds; this is on top of the gold-linked return. -
Diesel Prices Cut By 15-16 Paise Across Metros, Petrol Remains Unchanged
Edited by Peter Noronha | Thursday September 03, 2020In Delhi, the price of diesel was lowered to Rs 73.40 per litre from Rs 73.56 per litre, while petrol was constant at Rs 82.08,according to Indian Oil Corporation. -
Sensex, Nifty Likely To Have A Positive Opening
Edited by Peter Noronha (with inputs from agencies) | Thursday September 03, 2020The domestic stock markets are likely to open in the green, following strong closing on Wall Street overnight, firm Asian markets and positive indications from early SGX Nifty trading. -
Adani Takes Control Of Mumbai Airport, No Mention Of COVID-19 Impact
Reuters | Wednesday September 02, 2020Credit rating agency Fitch in a note last month forecast consolidation in the Indian aviation sector and warned of a slow rebound in demand -
How To Give Your Car Or Bike Added Protection During Monsoon
Advertorial | Wednesday September 02, 2020It is wise to give your vehicle some added protection during the rainy reason. -
Sensex Closes 185 Points Higher As Markets Extend Gains To Second Straight Day
Edited by Sandeep Singh (with inputs from agencies) | Wednesday September 02, 2020Losses in banking and financial services stocks offset gains in IT, metal and energy shares. -
Rupee Weakens To End At 73.03 Against Dollar Tracking Asian Currencies
Edited by Sandeep Singh (with inputs from agencies) | Wednesday September 02, 2020Domestic stock markets gave up early gains amid volatile trade on Wednesday, weighed down by banking stocks. -
Sensex Jumps Over 200 Points Amid Volatile Trade
Edited by Sandeep Singh (with inputs from agencies) | Wednesday September 02, 2020Official data on Monday showed the country's gross domestic product shrank 23.9 per cent in the June quarter in its worst contraction on record. -
Banks Free To Restructure Loans, But Can't Penalise Borrowers, Supreme Court Told
Edited by Abhishek Vasudev (With inputs from PTI) | Wednesday September 02, 2020Banks are free to restructure loans, but they cannot penalise honest borrowers by charging interest on deferred EMIs under the moratorium scheme, a petitioner said in the Supreme Court on Wednesday. The top court was hearing a batch of petitions seeking a waiver of interest on deferred EMIs during the moratorium period, which was introduced by the RBI in June to ease the burden on existing borrowers in wake of coronavirus pandemic-related restrictions. The Centre argued that waiving off loans will weaken the banking sector. Lawyers arguing in favour of a waiver of interest on interest on deferred loans told the court that "public at large is going through hell of a time". If the Insolvency and Bankruptcy Code (IBC) could be suspended to give relief to the industry, what about the borrowers, the lawyers argued. -
Vodafone Idea Gains Nearly 9% Post Supreme Court AGR Verdict
Edited by Peter Noronha | Wednesday September 02, 2020On Tuesday, the Supreme Court had given telecom companies 10 years to clear their adjusted gross revenue dues, thus ending the uncertainty over dues and re-payment tenure. -
Hero MotoCorp Domestic Sales Rise 7.5% In August
Edited by Peter Noronha | Wednesday September 02, 2020Hero MotoCorp's domestic sales rose to 5,84,456 units in August on the back of robust sales of entry-level motorcycles in rural and semi-urban markets. -
Sensex Rises Over 50 Points, Nifty Near 11,500 Amid Choppy Trade
Edited by Sandeep Singh (with inputs from agencies) | Wednesday September 02, 2020Official data this week showed the country's gross domestic product contracted 23.9 per cent in the June quarter, its worst contraction on record. -
Assam Economy To Be Revived By December Quarter: Himanta Biswa Sarma
Written by Ratnadip Choudhury | Wednesday September 02, 2020Sarma further added that the state government will come out with a special compensation package to assist those affected by the COVID-19 induced lockdown by the end of this year.
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