Latest News
-
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. -
Rupee Drops By 26 Paise, Back Above 73 Mark Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Wednesday September 02, 2020Strength in the dollar overseas and a sluggish movement amid volatile trade in the domestic equity markets hurt the rupee, according to analysts. -
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 plea 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 due to the coronavirus pandemic-related restrictions. 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 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. -
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. -
Petrol, Diesel Prices Unchanged On Wednesday
Edited by Peter Noronha | Wednesday September 02, 2020Petrol, Diesel Price: In Delhi, the price of petrol was constant atRs 82.08 anddiesel was untouched at Rs 73.56 per litre, according to Indian Oil Corporation. -
Sensex, Nifty Likely To Have A Subdued Opening
Edited by Peter Noronha | Wednesday September 02, 2020Asian shares were trading mostly higher, encouraged by buoyant U.S. moves that followed stronger-than-expected manufacturing indicators while the dollar emerged from its recent lows against the euro. -
Supreme Court Exempts Jio, Airtel Of Rs 40,000 Crore Dues Owing To Spectrum Sharing
Reported by A Vaidyanathan, Edited by Abhik Deb | Tuesday September 01, 2020The exemption, however, deals specifically with the shared spectrum used by companies and does not include their original dues -
Waiving Interest During Moratorium Unfair To Those Who Repaid Loans: Centre To Supreme Court
Edited by Abhik Deb (with inputs from agencies) | Tuesday September 01, 2020The Centre said that any "post facto" change on payment of interests would be unfair to those who kept paying their EMIs -
August GST Collections Come At Rs 86,449 Crore, 1% Lower Than July
Edited by Abhik Deb | Tuesday September 01, 2020GST collection in July had come at Rs 87,422 crore, while GST for the month of August last year was Rs 98,202 crore -
"Worst Behind Us, Recovery Clearly On": Chief Economic Adviser To NDTV
Edited by Sandeep Singh | Tuesday September 01, 2020Official data on Monday showed the country's gross domestic product (GDP) contracted a record 23.9 per cent in the quarter ended June 30.
................................ Advertisement ................................
from Latest Business News, Business News Today, Financial News, Share Market News, Economic News at NDTV Profit https://ift.tt/2YY5gtw
via IFTTT
Comments
Post a Comment