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Sensex Surges Over 500 Points, Nifty Reclaims 11,650 Led By Banks
Edited by Abhishek Vasudev | Tuesday October 06, 2020Nine of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Financial Services index's nearly 3% gain. -
RBI's 3-Day Policy Review Begins Wednesday As Centre Names Panel Members
Edited by Sandeep Singh | Tuesday October 06, 2020The Reserve Bank of India on Tuesday announced that its Monetary Policy Committee will conduct its bi-monthly review meeting from October 7 to October 9. The development came a day after the government named three new nominees on the Monetary Policy Committee to replace appointees whose terms ended in September. The RBI is widely expected to maintain a status quo on key policy rates in its upcoming statement, due at the end of the three-day meeting. -
India's Services Sector Slump Eases In September, But Job Losses Rise: Survey
Reuters | Tuesday October 06, 2020, BengaluruStill, September was the seventh straight month that activity had contracted, the longest such stretch since a 10-month run to early 2014. -
Infibeam Avenues Locked In Upper Circuit On Agreement With Jio Platforms
Edited by Abhishek Vasudev | Tuesday October 06, 2020Infibeam Avenues shares have more than tripled since the lockdown was announced in March from a 52-week low of Rs 26.40. -
Market Live Updates: Sensex Up Over 350 Points, Nifty Above 11,600; Financial Stocks Lead Gains
Edited by Sandeep Singh (with inputs from agencies) | Tuesday October 06, 2020Share Market Latest Updates: Gains in banking and financial services shares pushed the markets higher. -
Jindal Steel & Power Reports Record Quarterly Sales, Shares Gain 3%
Edited by Sandeep Singh | Tuesday October 06, 2020On a standalone basis, JSPL said its steel production was at1.84 million tonnes in the second quarter of 2020-21. Pallet production came in at2.01 million tonnes, it added. -
Mahindra & Mahindra Surges As Bookings For New Thar Cross 9,000 Mark
Edited by Abhishek Vasudev | Tuesday October 06, 2020Mahindra's all-new Thar SUV has become the only SUV in the 4X4 lifestyle category to record this booking milestone in such a short span of time, M&M said. -
Share Market Update: Sensex Jumps Over 400 Points, Nifty Crosses 11,600; Financial Stocks Jump
Edited by Sandeep Singh (with inputs from agencies) | Tuesday October 06, 2020Stock markets rose on Monday on hopes that President Donald Trump could be discharged from hospital later in the day, easing some of the political uncertainty that shook global bourses in the previous session. -
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 Price Today: Gold Futures Edge Higher To Rs 50,600 Mark As Dollar Eases
Edited by Sandeep Singh (with inputs from agencies) | Tuesday October 06, 2020Gold Price In India Today: MCX gold futures - expiring December 4 - ended0.10 per cent higher at Rs 50,623 on Monday. -
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, 2020RAISE 2020 Event On Artificial Intelligence: "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.
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