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Petrol, Diesel Rates Remain Constant In Metros On Sunday
Edited by Peter Noronha | Sunday October 11, 2020In Delhi, the price of petrol was Rs 81.06 per litre and that of diesel was Rs 70.46 per litre, according to Indian Oil Corporation, the country's largest fuel retailer. -
RBI Appeals To Supreme Court To Allow Banks To Classify Bad Loans
Reuters | Saturday October 10, 2020, MumbaiThe RBI warned that failure to immediately lift an interim stay on banks classifying any loan as a non-performing asset (NPA) would also undermine the central bank's regulatory mandate. -
US Imposes Tariffs On Aluminum Sheet From India, 17 Other Countries
Reuters | Saturday October 10, 2020, WashingtonUS Commerce Secretary Wilbur Ross said the US International Trade Commission would make the final determination in February 2021. -
What Changes To Residential Status Provisions Mean For Taxpayers
Homi Mistry | Saturday October 10, 2020Individuals who were likely to qualify as non-residents earlier will qualify as not ordinarily residents as per the amended provisions. -
Petrol, Diesel Rates Unchanged In Metros On Saturday
Edited by Sandeep Singh (with inputs from agencies) | Saturday October 10, 2020Petrol And Diesel Rate: In Delhi, the price of petrol was at Rs 81.06 per litre on October 10, and that of diesel at Rs 70.46 per litre, according to notifications from Indian Oil Corporation. -
Sovereign Gold Bonds To Open For Subscription On Monday. Here's All You Need To Know
Edited by Sandeep Singh | Saturday October 10, 2020Gold Bond Scheme: Launched in 2015 along with the Gold Monetisation Scheme, the Sovereign Gold Bond scheme provides gold-linked returns and an additional return at 2.5 per cent per annum. Wealth planners say gold bonds are an effective way to invest in non-physical gold. -
Gold Sold At Premium After 2 Months As Jewellers Bank On Festive Revival
Reuters | Saturday October 10, 2020, Bengaluru/MumbaiIn Bangladesh, some people resorted to selling gold with the coronavirus outbreak having shuttered businesses and choking incomes. -
India's Fuel Demand Up 7% In September, First Monthly Gain Since June
Reuters | Saturday October 10, 2020The country's daily number of coronavirus infections has slowed since hitting a single-day high of 97,894 new cases on September 17, a sign that infections were peaking for now. -
Gold, Silver Price Today: Gold Futures Jump To Rs 50,749, Silver To Rs 62,079 As Dollar Eases
Edited by Sandeep Singh (with inputs from agencies) | Saturday October 10, 2020Gold Price In India Today: Gold has been one of the most consistent gainers through the six months of coronavirus pandemic-led turmoil in financial markets. -
London Stock Exchange In Talks With Indian Tech Firms To List Overseas
Reuters | Friday October 09, 2020, New DelhiThe government is drawing up rules to allow companies to float overseas without having to first list shares in India as a way to help startups reach higher valuations and access capital more easily. -
Rupee Edges Higher To 73.13 Against Dollar After RBI Policy Action
Edited by Sandeep Singh (with inputs from agencies) | Friday October 09, 2020Rupee Dollar Forex Rate Today: The rupee moved within a 24-paise range, between 73.02 and 73.26, against the dollar, having begun the day mildly stronger at 73.18 compared to its previous close of 73.24. -
RBI Does The Heavy Lifting For Economy In Absence Of Government Stimulus
Anirban Nag and Subhadip Sircar, Bloomberg | Friday October 09, 2020Reserve Bank of India Governor Shaktikanta Das used a generous mix of tools to assure the bond market that the central bank will keep yields under control despite the government's record debt program. -
Sensex, Nifty Stage Best Winning Streak Of 2020 On RBI's Liquidity Boost
Written by Abhishek Vasudev | Friday October 09, 2020The Sensex and Nifty rose for seventh session in a row led by gains in banking and financial services shares. -
Sensex Closes 327 Points Higher, Nifty Reclaims 11,900 As Markets Extend Rally To Seventh Day
Edited by Sandeep Singh (with inputs from agencies) | Friday October 09, 2020Share Market Latest Updates: The S&P BSE Sensex index rose to 40,309.18 at the strongest level in early deals whereas the broader NSE Nifty 50 benchmark climbed to as high as 11,876.05. -
RBI Cheers Bond Market Despite Keeping Rates On Hold
Reuters | Friday October 09, 2020The benchmark 10-year bond yield dropped as much as 10 basis points to 5.92 per cent on Friday. The measures were announced alongside a monetary policy committee decision.
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