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Government Must Not Neglect Bank Recap Despite Pandemic: Viral Acharya
Reuters | Monday October 19, 2020Restoring banks' capital is critical for aiding a meaningful recovery, but there has been little focus on the matter, former RBI Deputy Governor Viral Acharya said. -
Foreign Inflows Into Asian Bonds More Than Doubles In September
Reuters | Monday October 19, 2020Bonds markets in places such as Thailand and India could therefore be benefiting from a portfolio rebalancing, analysts said. -
Sensex Rallies 449 Points, Nifty Settles Above 11,850 Led By Banks
Edited by Abhishek Vasudev | Monday October 19, 2020Seven of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty PSU Bank index's over 4 per cent gain. -
Sensex Closes 449 Points Higher, Nifty Reclaims 11,850 As Markets Extend Gains To Second Day
Edited by Sandeep Singh (with inputs from agencies) | Monday October 19, 2020Domestic stock markets registered sharp gains after a gap-up opening on Monday tracking gains across Asian equities, boosted by hopes of a US fiscal package and expectations of a COVID-19 vaccine though Chinese data dampened sentiment. The S&P BSE Sensex index jumped 536.5 points - or 1.34 per cent - to touch 40,519.48 at the strongest level in morning deals, and the broader NSE Nifty 50 benchmark climbed to as high as 11,898.25, up 135.8 points - or 1.15 per cent - from its previous close. Gains in banking, financial services, consumer goods and metal shares pushed the markets higher, but losses in auto, pharmaceutical and select IT stocks limited the upside. -
Government Asks At Least 8 State-Run Companies To Consider Buybacks: Report
Reuters | Monday October 19, 2020The eight companies that have been asked to consider share buy backs include Coal India, NTPC, NMDC and Engineers India. -
Jet Airways Locked In Upper Circuit For 8th Day In A Row; Creditors Agree To New Owners
Edited by Abhishek Vasudev | Monday October 19, 2020Jet Airways shares were locked in a 5 per cent upper circuit for an eighth session in a row. The stock in the last eight sessions the stock has rallied 47 per cent. -
Dr Reddy's Gains On Nod To Hold Trials For Russia's COVID Vaccine In India
Edited by Sandeep Singh (with inputs from agencies) | Monday October 19, 2020Dr Reddy's Share Price: The stock rose by Rs 131.15 to Rs 5,213.50 apiece on the BSE during the session, having begun the day stronger at Rs 5,202.00 compared to its previous close of Rs 5,082.35. -
Airlines Face Tough Winter As Hoped-For Pickup Fails To Materialise
Agence France-Presse | Monday October 19, 2020, ParisEarlier this month, United Airlines laid off 13,000 staff temporarily as it waits on the politicians in Washington to thrash out a fresh coronavirus aid package. -
China Economy Grows 4.9% In Third Quarter, Moving Closer To Pre-Pandemic Levels
Agence France-Presse | Monday October 19, 2020The world's second-largest economy grew slightly below expectations in the July-September period, National Bureau of Statistics (NBS) data showed, while it cautioned of uncertainty ahead as "the international environment is still complicated". -
Equitas Small Finance Bank IPO To Open On Tuesday
Edited by Peter Noronha | Monday October 19, 2020Equitas Small Finance Bank IPO: The public offering comprises fresh issue of 8.5 crore shares and offer for sale of 7.2 crore shares by Equitas Holdings Limited, the holding company of Equitas Small Finance Bank. -
Petrol, Diesel Prices Remain Unchanged On Monday
Edited by Peter Noronha | Monday October 19, 2020In Delhi, the price of petrol stood at Rs 81.06 per litre and diesel at Rs 70.46 per litre - the same levels as the previous day, according to Indian Oil Corporation. -
Sensex, Nifty Likely To Have A Strong Opening
Edited by Peter Noronha (with inputs from agencies) | Monday October 19, 2020Asian markets started higher, buoyed by hopes of a U.S fiscal package before the U.S. presidential elections next month and expectations of a coronavirus vaccine by the end of this year. -
Gold Price Today: Domestic Gold Futures Recover Early Losses, Climb To Rs 50,750 On Safe-Haven Buying
Edited by Sandeep Singh (with inputs from agencies) | Monday October 19, 2020Gold Price In India Today: MCX gold futures gained by as much as Rs 235 - or 0.46 per cent - to Rs 50,782 on Monday. -
Many Steel Wire Units May Close Due To Raw Material Shortages, Says Industry Body
Press Trust of India | Sunday October 18, 2020, KolkataAbout 100 units in the organised sector that offer employment to about five lakh workers in the country are already operating below 50 per cent of their rated capacity. -
Equitas Small Finance Bank IPO To Open This Week: Key Things To Know
Edited by Peter Noronha | Sunday October 18, 2020The IPO comprises fresh issue of 8.5 crore shares and offer for sale of 7.2 crore shares by Equitas Holdings Limited, the holding company of Equitas Small Finance Bank.
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