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Gold Dealers Stock Up, Hope To Usher In Festive Demand
Reuters | Friday October 16, 2020, Bengaluru/MumbaiGold is considered an intrinsic part of festivals such as Dussehra in late October, and Diwali and Dhanteras in November. -
JK Tyre, Other Firms Face Fair Trade Regulator's Probe In Bid-Rigging Case: Report
Reuters | Friday October 16, 2020According to documents in the filing, Haryana state told CCI that JK Tyre was the sole bidder in a tender and quoted high prices. -
Sensex, Nifty Resume Upmove After A Day's Pause Led By Metal, Banking Shares
Edited by Abhishek Vasudev | Friday October 16, 2020Nine of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Metal index's 4 per cent surge. -
Sensex Closes 255 Points Higher, Nifty Reclaims 11,750 As Markets Rebound
Edited by Sandeep Singh (with inputs from agencies) | Friday October 16, 2020HDFC Bank, Infosys and Kotak Mahindra Bank were the biggest contributors to the gain in Sensex. -
India's October Diesel Sales Rise Above Pre-COVID Levels
Reuters | Friday October 16, 2020Diesel sales by the country's three state fuel retailers rose 8.8 per cent year on year in the first half of October, according to provisional data compiled by Indian Oil. -
Share Market Updates: Sensex Jumps Over 350 Points, Nifty Above 11,750 Amid Broad-Based Gains
Edited by Sandeep Singh (with inputs from agencies) | Friday October 16, 2020Share Market Updates: Shares in Noida-based HCL Tech fell after the IT company reported its financial results for the September quarter and announced a dividend of Rs 4. -
Covid Pandemic Will Push China GDP Growth Far Beyond US, IMF Data Shows
Alex Tanzi and Wei Lu, Bloomberg | Friday October 16, 2020The fund now forecasts world gross domestic product to shrink 4.4 per cent this year, an improvement from the 4.9 per cent drop seen in June, according to the latest World Economic Outlook released this week. -
July-September Car Sales Rise 16%, Good Demand Expected In Festive Season: Industry Body SIAM
Edited by Abhishek Vasudev | Friday October 16, 2020Domestic passenger vehicle sales rose 17 per cent in the second quarter of current financial year, compared to the corresponding period a year ago, industry body SIAM or Society of Indian Automobile Manufacturers said on Friday. The latest data gives analysts hope that the upcoming festive season will lead to a recovery in the country's automobile sector, battered by a slump in demand due to the coronavirus pandemic as restrictions to curb its spread kept consumers from making big purchases. -
HCL Tech Profit Rises 7% To Rs 3,143 Crore In September Quarter
Edited by Sandeep Singh | Friday October 16, 2020The company's board approved a dividend of Rs 4 per share. -
Gold Price Today: Domestic Gold Futures Ease On Rising Dollar, But Hold Rs 50,400 Mark
Edited by Sandeep Singh (with inputs from agencies) | Friday October 16, 2020Gold Price In India Today: MCX gold futures declined by Rs 138 to Rs 50,404 and silver futures by Rs 1,429 to Rs 60,174. -
Centre To Borrow On Behalf Of States To Meet GST Shortfall
Press Trust of India | Thursday October 15, 2020The Centre borrowing on behalf of states is likely to ensure that a single rate of borrowing is charged and this would also be easy to administer. -
India's Exports Rise 6% To $27.58 Billion In September
Press Trust of India | Thursday October 15, 2020The country's imports declined 19.6 per cent to $30.31 billion in September. It was $37.69 billion in the same month last year. -
Rupee Weakens To Close At 73.38 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 15, 2020Rupee Vs Dollar: Analysts say the rupee is likely to remain under pressure in the absence of domestic cues. -
European Markets Fall 2% On COVID-19 Curbs, Brexit Impasse
Reuters | Thursday October 15, 2020, LondonAnalysts said the rise in coronavirus infections across Europe and no sign of a vaccine anytime soon after two high-profile prospects experienced problems was hitting sentiment. -
Sensex Drops Over 1,000 Points, Breaks 10-Day Winning Streak
Written by Abhishek Vasudev | Thursday October 15, 2020Selling pressure was visible across sectors as all the 11 sector gauges compiled by the National Stock Exchange ended lower.
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