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Domestic Flight Fare Bands Unchanged Till February, More Flights To Be Allowed Soon
Edited by Nikkita Prasad with inputs from Agencies | Friday November 06, 2020The Ministry of Civil Aviation stated that it has been monitoring the traffic every day, and that the air traffic is expected to further pick up because of the festive season. As the passenger traffic increases, the upper cap would be revised to 70-75 per cent of normal capacity in the coming days. -
Sensex, Nifty Rally For Fifth Straight Day Led By Reliance, Banking Shares
Edited by Abhishek Vasudev | Friday November 06, 2020For the week, Nifty rallied 5.33 per cent, Sensex advanced 5.75 per cent and the gauge of banking shares Nifty Bank index surged 10 per cent. -
Top Court Orders Airtel, Vodafone To Provide Details On Special Offers
Reported by A Vaidyanathan, Edited by Sandeep Singh | Friday November 06, 2020The matter relates to a dispute between telecom companies and the regulator over disclosure of such information. -
How WhatsApp Will Roll Out Its Payment Service In India
Agence France-Presse | Friday November 06, 2020The Facebook-owned firm said it was launching Whatsapp Pay just hours after it was given permission by the country's payments regulator. -
Full Economic Recovery Uncertain In US; Unemployment Plagues Labor Market
Edited by Nikita Prasad (with inputs from agencies) | Friday November 06, 2020The Labor Department's employment report on Friday will underscore the challenges the next US President confronts to keep the economy growing as it continues to heal from the deepest recession ever since the Great Depression. -
Sensex Rises Over 400 Points, Nifty Above 12,200 Led by Reliance Industries
Edited by Abhishek Vasudev | Friday November 06, 2020Fifteen of 19 sector gauges compiled by the BSE were trading higher led by the S&P BSE Energy index's nearly 3 per cent gain. -
Fed Keeps Policy Steady As Biden Inches Closer To Victory
Reuters | Friday November 06, 2020Powell said the Fed is only now beginning to consider whether it needs to extend various emergency credit facilities beyond their December 31 expiration. -
Reliance Industries Gains Over 3% After Saudi Wealth Fund Invests In Retail Arm
Edited by Abhishek Vasudev | Friday November 06, 2020With PIF's latest investment Reliance Retail Ventures has raised Rs 47,265 crore from leading global investors. -
Rupee Rises 44 Paise To 73.92 Against Dollar In Opening Trade
Edited by Nikita Prasad (with inputs from agencies) | Friday November 06, 2020The domestic unit opened at 73.99 against dollar, gained further ground, and touched 73.92, registering a rise of 44 paise over its previous close. -
No Change In Petrol, Diesel Prices In Metros Today
Edited by Sandeep Singh (with inputs from agencies) | Friday November 06, 2020Fuel Price In India Today: In Delhi, the price of petrol remained at Rs 81.06 per litre and that of diesel at Rs 70.46 per litre, according to notifications from state-run Indian Oil Corporation. -
Sensex Ends 553 Points Higher As Markets Extend Rally To Fifth Straight Day
Edited by Sandeep Singh (with inputs from agencies) | Friday November 06, 2020Reliance Industries, Bajaj Finserv, IndusInd Bank, HDFC Bank and Kotak Mahindra Bank were the top gainers in the Nifty basket of 50 shares. -
"As Easy As Sending Message": Zuckerberg As WhatsApp Pay Starts In India
Suvashree Ghosh and Kurt Wagner, Bloomberg | Friday November 06, 2020WhatsApp has the potential to compete with the leaders and reshape digital payments in India -- a market slated to grow to $1 trillion by 2023. -
Saudi Arabia's Wealth Fund Buys 2.04% Stake In Reliance Retail Ventures
Reuters | Thursday November 05, 2020The PIF said the investment would strengthen the fund's presence in the Indian economy and retail market. -
Saudi Arabia's Investment Fund To Invest Rs 9,550 Crore In Mukesh Ambani's Reliance Retail Ventures
Edited by Nikita Prasad | Thursday November 05, 2020Public Investment Fund (PIF) of Saudi Arabia will invest ₹9,555 crore for an equity stake of 2.04 per cent in Reliance Retail Ventures Limited (RRVL). -
Banks Show Revival In Loan Growth Amid Concerns
Reuters | Thursday November 05, 2020Several lenders including State Bank of India, the country's largest lender and HDFC Bank, India's most valuable bank by market capitalisation saw demand for housing and vehicle loans return to near pre-pandemic levels in the quarter ended September.
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