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Hit By Losses, Trade Union Writes To Finance Minister Seeking Moratorium Extension
Edited by Abhishek Vasudev | Friday September 04, 2020Trade association with lakhs of members across India has written to Union Finance Minister Nirmala Sitharaman seeking extension on moratorium for repayment of loans. -
Hotel Chain Oyo Extends Furloughs For Some Indian Employees By Six Months
Reuters | Friday September 04, 2020On Friday, Oyo said recovery in business was taking longer than expected following the coronavirus lockdown -
Spot Gold Rises As Equities Retreat; US Jobs Data In Focus
Reuters | Friday September 04, 2020Lower bond yields reduce the opportunity cost of holding non-interest bearing gold. -
Global Stocks Ease Off Record Highs Ahead Of US Jobs Data
Reuters | Friday September 04, 2020, London/SingaporeForeign exchange markets were on edge at the possibility and a safety bid helped the dollar cling to gains that have it headed for its best week in more than two months. -
Sensex Ends 634 Points Lower On Weak Global Cues
Edited by Abhishek Vasudev | Friday September 04, 2020The S&P BSE Sensex and NSE Nifty 50 indexes ended sharply lower on Friday following a massive selloff on the Wall Street. The Sensex fell as much as 741 points and Nifty 50 index touched an intraday low of 11,303.65. A gauge of global stocks turned lower on Thursday as US markets opened and were weighed down by weakness in the technology sector, while the dollar continued its bounce from more than two-year lows. Back home, Reliance Industries, HDFC Bank, HDFC, ICICI Bank and Infosys were among the biggest drags on the Sensex. -
Sensex, Nifty Continue To Reel Under Losses On Weak Global Cues
Edited by Abhishek Vasudev | Friday September 04, 2020Nine of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty Bank index's nearly 2 per cent fall. -
Crude Oil Price Holds Above $44 Per Barrel Mark, Heads For Weekly Drop
Reuters | Friday September 04, 2020, LondonOil has recovered since April, when Brent slumped to a 21-year low below $16 and US crude briefly went into negative territory. -
Indian Companies Raise Record $31 Billion Equity Capital In Shrinking Economy
Reuters | Friday September 04, 2020Banks have been the most active issuers, raising $13.68 billion, followed by the energy and power sector with $7.05 billion. -
Rupee Jumps By 33 Paise To Close At 73.14 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Friday September 04, 2020, MumbaiOn a weekly basis, the domestic currency gained 25 paise vis-a-vis US dollar. -
All You Need To Know About Current Oil Price
Edited by Sandeep Singh (with inputs from agencies) | Friday September 04, 2020Global benchmark Brent futures were last seen trading at $44.69 per barrel, down 21 cents - or 0.47 per cent - compared to their previous close. -
Government-Run Gold Bond Scheme Ends Today. Here's All You Need To Know
Edited by Sandeep Singh | Friday September 04, 2020The sixth and last series of the government's gold bond programme - called Sovereign Gold Bond - ends for subscription today. That means, today is the last day to purchase Sovereign Gold Bonds in the current financial year, which ends on March 31, 2021. Sovereign Gold Bonds are issued by the RBI on behalf of government. Each unit is linked to the spot value of one gram of gold. Financial planners say gold bonds are one of the few effective ways to invest in non-physical gold. -
Domestic Silver Futures End Volatile Session Marginally Lower
Edited by Sandeep Singh (with inputs from agencies) | Friday September 04, 2020The MCX silver futures contract settled at Rs 66,860 for the day, down 0.10 per cent - or Rs 66 - from its previous close of Rs 66,926. -
Sensex Closes 634 Points Lower Tracking Global Markets: 10 Things To Know
Written by Sandeep Singh | Friday September 04, 2020Domestic stock markets declined close to 2 per cent on Friday, tracking broader losses in global equities on fading optimism about a fast recovery from the coronavirus pandemic. The S&P BSE Sensex index plunged as much as 1.90 per cent - or 741.17 points - to 38,249.77 in late afternoon deals, and the broader NSE Nifty 50 benchmark dropped to as low as 11,303.65, down 1.94 per cent - or 223.8 points - from its previous close. A selloff across most sectors, led by financial, energy and IT stocks, pulled the markets lower. -
Petrol, Diesel Rates Unchanged On Friday
Edited by Sandeep Singh | Friday September 04, 2020In Delhi, the prices of petrol and diesel remained at Rs 82.08 per litre and Rs 73.40 per litre respectively, according to Indian Oil notifications. -
Gold Price Today: Domestic Gold Futures Edge Lower To Rs 50,881 As Equities Fall
Edited by Sandeep Singh (with inputs from agencies) | Friday September 04, 2020In the international market, spot gold was last seen trading 0.34 per cent higher at $1,944.30 per ounce, having risen to as high as $1,949.30 per ounce earlier on Friday.
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