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All You Need To Know About LIC's Jeevan Lakshya Policy
Edited by Abhishek | Wednesday October 21, 2020LIC Jeevan Lakshya policyholders get an annual income benefit of 10 per cent of the basic sum assured, according to LIC. -
India "At The Doorstep Of The Revival Process", Says Shaktikanta Das
Edited by Abhishek (With inputs from PTI) | Wednesday October 21, 2020Mr Das said that capital buffers for banks and non-banking finance companies (NBFCs) are needed to deal with the stress caused due to COVID-19. -
Sensex, Nifty End Higher For Fourth Session In A Row Amid Volatility
Edited by Abhishek Vasudev | Wednesday October 21, 2020Seven of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Realty index's nearly 4.5 per cent surge. -
Government Working On Next Stimulus Package: Report
Edited by Peter Noronha | Wednesday October 21, 2020The government is working on the next stimulus package to support the economy amid positive signs of a fall in COVID-19 cases, news agency Reuters reported quoting a senior finance ministry official. The development comes five months after the government rolled out the first stimulus package, called Aatmnirbhar Bharat, to support the economy against the damage caused by the coronavirus pandemic-related nationwide lockdown. That package included monetary and fiscal support worth Rs 21 lakh crore, which the government said was equivalent to 10 per cent of the country's gross domestic product (GDP). -
Bajaj Finance September Quarter Profit Falls 36% To Rs 965 Crore
Edited by Sandeep Singh (with inputs from agencies) | Wednesday October 21, 2020Bajaj Finance's total income came in at Rs 6,523.29crore in the second quarter of current financial year, up 3.17 per cent from the year-ago period. -
Sensex Slumps Over 800 Points From Day's High, Nifty Breaks Below 11,800
Edited by Abhishek Vasudev | Wednesday October 21, 2020Nine of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty FMCG index's 1 per cent decline. -
Sensex Closes 163 Points Higher As Markets Extend Gains To Fourth Day In A Row
Edited by Sandeep Singh (with inputs from agencies) | Wednesday October 21, 2020Share Market Latest Updates: Reliance Industries, TCS and Bajaj Finance were the biggest drags on Sensex. -
Share Market Updates: Sensex Gives Up Day's Gains Amid Selloff In Consumer Goods, Pharma Shares
Wednesday October 21, 2020Domestic share markets gave up all of the day's gains in a volatile session on Wednesday, despite renewed optimism in broader Asian markets on hopes for more stimulus in the world's largest economy. The S&P BSE Sensex index slumped 825.54 points from the day's highest level to hit 40,150.48 on the downside in late afternoon deals. The broader NSE Nifty 50 benchmark slid to as low as 11,775.75, having earlier risen to as high as 12,018.65. A selloff in consumer goods, automobile and select financial shares weighed on the markets, however gains in metal stocks limited the downside. -
Hindustan Zinc Surges After Profit Rises 43% In September Quarter
Edited by Abhishek Vasudev | Wednesday October 21, 2020During the quarter Hindustan Zinc's mined metal production for the quarter rose 9 per cent year-on-year to 238 kilo tonnes. -
Share Market Updates: Sensex Rises 400 Points, Nifty Crosses 12,000 Mark Amid Broad-Based Gains
Edited by Sandeep Singh (with inputs from agencies) | Wednesday October 21, 2020Share Market Updates: HDFC, HDFC Bank, ICICI Bank and Reliance Industries were the biggest boosts to Sensex. -
Hindustan Unilever Falls After September Quarter Earnings
Edited by Abhishek Vasudev | Wednesday October 21, 2020The company's board declared an interim dividend of Rs 14 per share and the record date for payment of interim dividend is fixed at October 29. -
Sebi Orders Prabhat Dairy To Deposit Rs 1,292 Crore For Failing To Comply With Auditors
Edited by Sandeep Singh (with inputs from agencies) | Wednesday October 21, 2020The regulator had also received complaints from minority investors of the company alleging delays in delisting and manipulation of books of accounts. -
SBI Announces More Concession On Home Loans In Festive Season Offer
Edited by Sandeep Singh | Wednesday October 21, 2020SBI Home Loan: SBI will provide a concession of 20 basis points on home loans above Rs 75 lakh, and an additional 5 basis points on applications made through the YONO app. -
Reliance Industries Strengthens Nearly 2% On Starting 5G Trials With Qualcomm
Edited by Peter Noronha | Wednesday October 21, 2020Reliance Jio and Qualcomm have achieved over a 1 Gbps (1,000 Mbps) speed on the Reliance Jio 5GNR solution and the Qualcomm 5G RAN Platform, Reliance Jio said in a press release. -
Gold Gains On US Stimulus Deal Optimism, Weaker Dollar
Reuters | Wednesday October 21, 2020Spot gold gained 0.6 per cent to $1,917.76 per ounce by 0323 GMT, having earlier hit a one-week high. US gold futures were up 0.4 per cent at $1,922.80.
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