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Gold, Silver Price: Domestic Gold Futures Gain To Rs 51,720, Silver Edges Lower To Rs 68,000 Mark
Edited by Sandeep Singh (with inputs from agencies) | Saturday September 19, 2020Gold And Silver Rates: Typically, precious metal prices share an inverse relationship with capital markets, wherein any improvement in the risk appetite boosts their appeal as safe havens. -
GST Council To Take Call On Funding Compensation Shortfall: Nirmala Sitharaman
Press Trust of India | Saturday September 19, 2020, New DelhiThe states are staring at a revenue shortfall of Rs 2.35 lakh crore GST this fiscal year. -
Insolvency Proceedings Against Corporate Debtors, Personal Guarantors Can Go Together: Nirmala Sitharaman
Press Trust of India | Saturday September 19, 2020, New DelhiFinance Minister Nirmala Sitharaman clarified that Insolvency and Bankruptcy Code proceedings against corporates defaulting on loans prior to March 25 would continue. -
Diesel Rates Marginally Lowered In Metros, Petrol Unchanged
Edited by Sandeep Singh | Saturday September 19, 2020Petrol And Diesel Rates: State-run oil marking companies such as Indian Oil Corporation currently review the petrol and diesel prices on a daily basis, and implement any revisions at fuel stations with effect from 6 am. -
Foreign Firms To Source More Local Material For Government Projects
Reuters | Saturday September 19, 2020, New DelhiDPIIT has still to announce the new local content requirement threshold for foreign firms entering into partnerships for state-run infrastructure projects. -
With Eyes On Festive Demand, Gold Dealers Offer Discounts For Fifth Week In A Row
Reuters | Saturday September 19, 2020Jewelers are waiting for a clear price trend and could start building inventory early next month for festivals, said a Mumbai-based dealer with a bullion importing bank. -
Gold, Silver Price Today: Gold Futures Edge Higher To Rs 51,626, Silver Slips To Rs 67,950
Edited by Sandeep Singh (with inputs from agencies) | Friday September 18, 2020Gold And Silver Prices Today: MCX gold futures gained by Rs 173 - or 0.34 per cent - to Rs 51,626, but silver futures slipped by Rs 192 - or 0.28 per cent - to Rs 67,950. -
Economy Heading For Double-Digit Decline As Virus Spikes: Analysts
Anirban Nag, Bloomberg | Friday September 18, 2020Economists and global institutions like the Asian Development Bank have recently cut India's growth projections from already historic lows as the virus continues to spread. -
Foreign Exchange Reserves Down By $353 Million To $541.66 Billion: RBI
Press Trust of India | Friday September 18, 2020The foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. -
Google Removes Paytm App From Store Over Policy Violations
Reuters | Friday September 18, 2020Google on Friday removed the payments app Paytm from its Android store, citing violations of its gambling policy by the fintech unicorn. -
Angel Broking IPO To Open On Tuesday; Price Band Fixed At Rs 305-306 Per Share
Edited by Abhishek Vasudev | Friday September 18, 2020Investors who want to buy shares of Angel Broking in IPO can do so by bidding in lot size of 49 shares and in the multiples thereof. -
Sensex, Nifty End Lower For Second Straight Session; Banks Drag
Edited by Abhishek Vasudev | Friday September 18, 2020Seven of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty PSU Bank index's over 1.5 per cent decline. -
Happiest Minds Valuations Expensive, Investors Should Wait, Book Profit: Analysts
Written by Abhishek Vasudev | Friday September 18, 2020Happiest Minds outperformed IRCTC and DMart, which had delivered returns of just a little over 100 per cent on debut. -
Sensex, Nifty Off Day's Highs; Pharma Shares Outperform, Banks Subdued
Edited by Abhishek Vasudev | Friday September 18, 2020Eight of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Pharma index's over 5 per cent gain. -
Sensex, Nifty Extend Losses To Second Straight Day; Financial Stocks Worst Hit
Edited by Sandeep Singh | Friday September 18, 2020HDFC Bank, Shree Cement, Bajaj Finserv, Kotak Mahindra Bank and Maruti Suzuki, ending between 1.82 per cent and 2.28 per cent lower, were the worst hit among the 22 laggards in the Nifty basket of 50 shares.
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