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Petrol, Diesel Rates Unchanged In Metros Today
Edited by Sandeep Singh (with inputs from agencies) | Tuesday October 06, 2020Petrol And Diesel Rate: In Delhi, the price of petrol remained at Rs 81.06 per litre and diesel at Rs 70.46 per litre. -
Gold Edges Up As Weaker Dollar Offsets News On Donald Trump's Progress
Reuters | Tuesday October 06, 2020Gold has risen about 25 per cent this year, supported by massive stimulus by governments and central banks worldwide as the metal is seen as a hedge against inflation and currency debasement. -
Gold Edges Higher To Rs 50,600 Mark, Silver Gains To Approach Rs 61,800
Edited by Sandeep Singh (with inputs from agencies) | Tuesday October 06, 2020Gold And Silver Rate Today: Spot gold edged higher to $1,920.40 per ounce during Monday's session, whereas silver climbed up marginally to $24.61 per ounce. -
Government Names 3 New Members To RBI's Monetary Policy Committee
Reuters | Tuesday October 06, 2020, New DelhiThe committee, of three government nominees and three RBI members, had been scheduled to announce the country's key interest rates and monetary policy for the next two months on October 1. -
Centre Joins Hands With Swiggy To Take Street Food Vendors Online
Press Trust of India | Tuesday October 06, 2020, New DelhiPeople in Delhi, Ahmedabad, Chennai, Indore and Varanasi will soon be able to have food from street vendors delivered at their doorsteps as the Centre has joined hands with food aggregator Swiggy to take these small businesses online. -
Government To Extend Surcharge On Luxury Items, Tobacco
Reuters | Monday October 05, 2020, New DelhiThe surcharge on luxury goods, which varies from 12 per cent to 200 per cent, is part of the national goods and services tax (GST) introduced in 2017, and was due to expire in 2022. -
"Time Is Ripe To Make India A World Leader In Artificial Intelligence": Mukesh Ambani
Edited by Sandeep Singh | Monday October 05, 2020"In the coming decades, the total non-biological intelligence will exceed the rational intelligence of the entire human population," Reliance Industries chairman Mukesh Ambani said at the Raise 2020 Summit. -
Tata Taking On Mukesh Ambani Could Be India's Alibaba-Tencent
Andy Mukherjee, Bloomberg Opinion | Monday October 05, 2020The 152-year-old Tata Group is talking to Walmart Inc. for a $25 billion investment in a "super-app," a multipurpose online platform combining fashion, lifestyle and electronics retail, food and grocery. -
Domestic Air Passenger Traffic Down 66% In September: ICRA
ANI | Monday October 05, 2020, New DelhiICRA vice president Kinjal Shah said the number of flights departing gradually increased from 416 on Day 1 to 1,488 on Day 128 (September 28). -
Angel Broking Shares Debut At 10% Discount
Edited by Sandeep Singh | Monday October 05, 2020The Angel Broking stock quoted in a range of Rs 296.45-256.60 apiece on the bourse, before settling at Rs 275.85 for the day. -
Sensex, Nifty Gain For Third Session In A Row Led By TCS
Edited by Abhishek Vasudev | Monday October 05, 2020Eight of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Information Technology index's 3.5 per cent gain. -
TCS Market Value Tops Rs 10 Lakh Crore; Board To Consider Share Buyback Proposal
Written by Abhishek Vasudev | Monday October 05, 2020TCS with market capitalisation of Rs 10.15 lakh crore is currently the country's second largest company by market capitalisation after Reliance Industries -
Centre's Interest Waiver Plan Fails To Deal With "Many Issues": Top Court
Reported by A Vaidyanathan, Edited by Sandeep Singh | Monday October 05, 2020The Supreme Court today said the centre's affidavit on waiving "interest on interest" on loans up to Rs 2 crore, frozen during a six-month moratorium granted because of the coronavirus crisis, was not satisfactory and asked for a do-over in a week. The affidavit "fails to deal with several issues raised by petitioners", the court said. The central government has been asked to consider the concerns of the real estate and power producers in fresh affidavits. The Supreme Court also noted that "no consequential orders or circulars" were issued by the government or RBI on enforcing the centre's decisions. The top court was hearing petitions on a waiver of interest on deferred EMIs - or interest on interest - to help small borrowers during the coronavirus pandemic. -
Angel Broking Debuts At 10% Discount Over Issue Price
Edited by Peter Noronha | Monday October 05, 2020The Rs 600 crore crore IPO of Angel Broking had received a muted response from investors; it was subscribed 3.94 times, receiving bids for 5.4 crore equity shares vis-a-vis the offer size of 1.37 crore equity shares. -
London Transport Regulator Strips Ola's Operating Licence Over Public Safety Failings
Reuters | Monday October 05, 2020Transport for London (TfL) said in a statement that it refused to grant Ola, a Softbank-backed operator, a new London private hire vehicle (PHV) operator's licence as it "cannot find it fit and proper to hold one after discovering a number of failures that could have risked public safety."
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