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Closely Monitoring Progress Of Small Businesses: Nirmala Sitharaman
ANI | Thursday October 29, 2020, New DelhiThe Finance Minister said she was "equally monitoring" what the MSME ministry was doing to give subordinate debts to company partners of stressed MSMEs. -
AI Express Records Highest-Ever Annual Profit At Rs 413 Crore
Press Trust of India | Thursday October 29, 2020, MumbaiAir India Express reported net profit of Rs 412.77 crore for the financial year ended March 2020 as higher operating revenue and passenger volume helped bolster the bottom line of the budget carrier. -
SBI Raises $1 Billion Loan From Japanese Lenders
Asian News International | Thursday October 29, 2020, MumbaiThe loan is intended to promote the smooth flow of funds for the whole range of business operations of Japanese automobile manufacturers in India. -
Petrol, Diesel Prices See No Change On Thursday
Edited by Peter Noronha | Thursday October 29, 2020In Delhi, the price of petrol was Rs 81.06 per litre and diesel was Rs 70.46 per litre on October 29 and in Mumbai, petrol and diesel rates were Rs 87.74 per litre and Rs 76.86 per litre respectively. -
Sensex, Nifty Likely To Have A Weak Opening
Edited by Peter Noronha (with inputs from agencies) | Thursday October 29, 2020Overnight, the Dow Jones Industrial Average fell 3.43 per cent, the S&P 500 lost 3.53 per cent and Nasdaq Composite dropped 3.73 per cent. -
Outstanding Loan As Of February 29 To Be Reference For Loan Relief: Finance Ministry
Press Trust of India | Wednesday October 28, 2020The lending institutions have been asked to complete the exercise of crediting the amount in the accounts of borrowers by November 5. -
Axis Bank Posts Rs 1,683 Crore Profit In September Quarter, Asset Quality Improves
Edited by Abhishek Vasudev | Wednesday October 28, 2020Axis Bank Q2 Profit: Axis Bank's net interest income or the difference between interest earned on loans and interest expended on deposits rose 20 per cent to Rs 7,326.07 crore. -
Larsen & Toubro Profit More Than Doubles To Rs 5,520 Crore In September Quarter
Edited by Abhishek Vasudev | Wednesday October 28, 2020L&T Q2 Earnings: Larsen & Toubro's revenue from operations declined 12.15 per cent to Rs 31,034.74 crore from Rs 35,328.45 crore during the same period last year. -
Indian Railway Finance Corporation Files IPO Papers, Increases Issue Size
Edited by Peter Noronha | Wednesday October 28, 2020The public offering will consist of a fresh issue of 118 crore equity shares and an offer for sale of 59.4 crore equity shares by the Government of India. -
Crude Oil Falls 2% Amid Rise In US Output, COVID-19 Cases
Reuters | Wednesday October 28, 2020, TokyoEnergy firms and ports along the US Gulf Coast prepared on Tuesday for Zeta, the 11th hurricane of the season, as it entered the Gulf of Mexico. -
Pandemic Keep-Fit Drive Boosts Puma Sales In Americas, Europe
Reuters | Wednesday October 28, 2020German sportswear company Puma reported a rebound in third-quarter sales in the Americas and Europe as consumers keen to keep fit during the COVID-19 pandemic bought more online. -
Gold Eases On Stronger Dollar; COVID-19 Concerns Limit Fall
Reuters | Wednesday October 28, 2020The dollar rose 0.5 per cent to a more than one-week high versus its rivals, making gold more expensive for holders of other currencies. -
Global Stocks Tumble As Lockdown Fears Grip Investors
Reuters | Wednesday October 28, 2020European shares fell on reports of potential lockdowns in Germany and France, losing 2.5 per cent to hit five-month lows, rattled by a media report that France might bring in a national lockdown from midnight on Thursday. -
Sensex Slumps 600 Points, Nifty Ends Below 11,750 On Weak Global Cues
Edited by Abhishek Vasudev (with inputs from Reuters) | Wednesday October 28, 2020All the eleven sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Financial Services index's over 2 per cent decline. -
Sensex Crashes Over 700 Points, Nifty Tumbles Below 11,700 On Weak Global Cues
Edited by Abhishek Vasudev (with inputs from Reuters) | Wednesday October 28, 2020Selling pressure was visible across the sectors as all the 11 sector gauges compiled by NSE were trading lower led by Private bank index's 2.25% fall.
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