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Economic Recovery Still Not Well Entrenched: RBI Governor Shaktikanta Das
Press Trust of India | Wednesday September 16, 2020, New DelhiRBI Governor Shaktikanta Das said that the economic recovery was not yet fully entrenched and also that the recovery is likely to be gradual. -
Nifty Reclaims 11,600 As Markets Extend Gains To Second Straight Day
Written by Sandeep Singh | Wednesday September 16, 2020Global shares registered cautious gains as investors awaited the outcome of a two-day policy meeting of the US central bank. -
Airline Revenues Drop 86% In April-June Due To COVID-19: Aviation Minister
Press Trust of India | Wednesday September 16, 2020Employee count at the Indian carriers went down from 74,887 on March 31 to 69,589 on July 31. -
Supreme Court Grants Relief To Vedanta, Videocon In Ravva Oil Field Case
Reported by A Vaidyanathan, Edited by Abhishek Vasudev | Wednesday September 16, 2020The top court upheld Delhi High Court's order which refused to interfere with the arbitral award in production sharing contract for Ravva oil fields. -
Economic Recovery Likely To Be Gradual: RBI Governor Shaktikanta Das
Edited by Peter Noronha | Wednesday September 16, 2020RBI Governor Shaktikanta Das said the central bank stands "battle-ready" to take any measures needed to ensure liquidity in the financial system and revive the economy. -
Rupee Volatile Against Dollar Ahead Of US Central Bank Policy Decision
Press Trust of India | Wednesday September 16, 2020, MumbaiThe rupee opened at 73.70 at the interbank forex market, registering a decline of 7 paise over its last close. -
Crude Oil Rate Rises As Hurricane Shuts US Production
Reuters | Wednesday September 16, 2020, TokyoAnalysts had expected oil stocks to increase by 1.3 million barrels. Official data on US stockpiles is due out later on Wednesday and often conflicts with the industry figures. -
Spot Gold Steady Ahead Of US Central Bank Policy Statement
Reuters | Wednesday September 16, 2020The US central bank last month adopted a more accommodative approach to inflation and pledged to keep interest rates low for longer. -
Shaktikanta Das Says RBI To Take More Steps, If Required, To Battle COVID-19: Highlights
Edited by Sandeep Singh | Wednesday September 16, 2020His remarks come days after official data showed retail inflation remains above the RBI's target range of 4-6 per cent for a fifth straight month. -
Sensex Rises Over 100 Points, Nifty Near 11,550 Amid Gains Across Sectors
Edited by Sandeep Singh (with inputs from agencies) | Wednesday September 16, 2020Analysts awaited a keynote address by Reserve Bank of India Governor Shaktikanta Das to members of industry body FICCI. -
Petrol, Diesel Prices Remain Unchanged On Wednesday
Edited by Peter Noronha | Wednesday September 16, 2020In Delhi, the prices of petrol were constant at Rs 81.55per litre and diesel rates were steady at Rs 72.56 per litre, according to Indian Oil Corporation. -
Sensex, Nifty Likely To Have A Flat Opening
Edited by Peter Noronha (with inputs from agencies) | Wednesday September 16, 2020Asian shares were set for a mixed open on Wednesday as investors awaited the Federal Reserve's view on the economy at the end of its policy meeting. -
Gold, Silver Price Today: Domestic Gold Futures Reclaim Rs 52,000 Mark, Silver Tops Rs 69,700
Edited by Sandeep Singh (with inputs from agencies) | Wednesday September 16, 2020Gold, Silver Rate Today: Global equities registered cautious gains in anticipation of a status on the accommodative monetary policy in the world's largest economy. -
Exports Fall 13% In August; Trade Deficit Narrows To $6.77 Billion
Press Trust of India | Tuesday September 15, 2020The country's imports too declined 26 per cent to $29.47 billion in August, leaving a trade deficit of $6.77 billion. -
India Received $20 Billion In Foreign Investment During COVID-19, Says Foreign Secretary
Press Trust of India | Tuesday September 15, 2020Foreign secretary said several global technology majors have announced significant investments in India including $10 billion by Google.
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