Latest News
-
Government Issues Guidelines On Loan Relief, To Implement Scheme By November 5
Edited by Sandeep Singh | Saturday October 24, 2020The government has said that it will implement a loan relief scheme by November 5, aimed at helping borrowers during the coronavirus pandemic, and reimburse the interest on interest applicable to eligible loan repayments due between March and August. In guidelines on the loan relief released on Wednesday, the Department of Financial Services said the relief will be available to the borrowers regardless of whether they opted to defer their EMIs, either fully or partially. The government said lending institutions will first credit the amount - the difference between compound interest and simple interest for the six-month period - on eligible loans up to Rs 2 crore, which will be reimbursed by the government as part of the scheme. -
Petrol, Diesel Rates Unchanged On Saturday
Edited by Sandeep Singh (with inputs from agencies) | Saturday October 24, 2020Fuel Price In India Today: State-run Indian Oil, Bharat Petroleum and Hindustan Petroleum review the fuel rates on a daily basis, aligning them with international oil prices and foreign exchange rates. -
RBI To Keep Policy Accommodative, But Wary Of Inflation
Reuters | Saturday October 24, 2020, MumbaiAlmost all members of the Monetary Policy Committee said they see room for further easing, but a recent rise in price pressures would need to abate for them to use that space. -
Finance Ministry Issues Guidelines For Implementation Of Loan Relief
Press Trust of India | Saturday October 24, 2020, New DelhiAfter crediting the amount, the lending institutions will claim the reimbursement from the central government. -
Centre Transfers First Tranche Of Rs 6,000 Crore In GST Compensation To States
Edited by Abhishek Vasudev | Friday October 23, 2020The central government had last week agreed to borrow up to Rs 1.1 lakh crore on behalf of the states to bridge the shortfall in GST collections. -
Gold Price Today: Domestic Gold Futures Back Above Rs 51,000 As Dollar Weakens
Edited by Sandeep Singh (with inputs from agencies) | Friday October 23, 2020Gold Price In India Today: Multi Commodity Exchange (MCX) gold futures settled at Rs 51,010 (up 0.48 per cent) for the day. -
Gold Premiums Climb To Nearly 3-Week High As Jewellers Boost Festive Stocks
Reuters | Friday October 23, 2020, Bengaluru/MumbaiDealers charged premiums of $5 an ounce this week over official domestic prices, inclusive of 12.5 per cent import and 3 per cent sales taxes, versus the $1 premiums last week. -
Gold Premiums Rise As Jewellers Boost Festive Stocks
Reuters | Friday October 23, 2020On Friday, local gold futures traded at around Rs 50,920 per 10 grams. Prices hit an all-time high of Rs 56,191 in August. -
Rate Cut Will Depend Upon Moderation In Inflation: Shaktikanta Das
Press Trust of India | Friday October 23, 2020Shaktikanta Das has said that there is room for rate cut but monetary policy action would depend upon the evolving situation on the inflation front. -
Move Over Bonds, Forex Taking Over As Investors' New Favourite Playbook
Reuters | Friday October 23, 2020, LondonCurrency market volatility has risen from a one-and-a-half-year low hit in late July while overall bond market volatility remains near 2020 lows. -
Global Stocks Bide Time As US Presidential Election Caution Sets In
Reuters | Friday October 23, 2020, London/TokyoWhile Democratic plans to raise taxes on corporate profits and capital gains could hit share prices, their pledge on large stimulus is seen as offsetting those blows. -
Barclays Beats July-September Profit Forecasts As CEO Jes Staley Aims To Stay On
Reuters | Friday October 23, 2020, LondonBarclays disclosed in February that British regulators had launched an investigation into Staley's past connections to the late financier and convicted sex offender Jeffrey Epstein, which is yet to conclude. -
New Mundra LNG Terminal To Ramp Up Utilisation From 45% To 55% In 6 Months
Reuters | Friday October 23, 2020, Singapore/AhmedabadAnother pipeline connecting Anjar to Banaskantha district in Gujarat only has a diameter of 18-inches, which limits the terminal's utilisation. -
Sensex, Nifty End Higher; Aditya Birla Fashion Jumps On Flipkart Deal
Reuters | Friday October 23, 2020, BengaluruGlobal stocks remained within a tight range on Friday, less than two weeks before the US presidential election, with traders looking for a breakthrough in stimulus talks in Washington. -
Sensex, Nifty Rebound After A Day's Pause Led By Auto Shares
Edited by Abhishek Vasudev | Friday October 23, 2020Seven of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Auto index's nearly 3 per cent gain.
................................ Advertisement ................................
from Latest Business News, Business News Today, Financial News, Share Market News, Economic News at NDTV Profit https://ift.tt/2Tz1fsp
via IFTTT
Comments
Post a Comment