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Motilal Oswal Recommends Investing In Bharti Airtel, SBI, Infosys In Samvat 2077
Edited by Abhishek Vasudev | Friday November 13, 2020Strong global markets can keep the liquidity abundant in the system, thus providing support to the overall markets in Samvat 2077. -
Planning To Buy Gold This Dhanteras? Here's All You Need To Know
Edited by Sandeep Singh | Friday November 13, 2020Wealth planners say that the preference for purchasing physical gold in the country for social and cultural reasons rather than buying it for investment. -
Reliance Industries To Invest Up To Rs 371 Crore In Bill Gates' Breakthrough Energy Ventures
Edited by Peter Noronha | Friday November 13, 2020Reliance Industries will make the investment in tranches over the next eight to 10 years and the transaction is subject to approval from the Reserve Bank of India. -
Gold Price Today: Domestic Gold Futures Edge Higher To Rs 50,665 On Dhanteras
Edited by Sandeep Singh (with inputs from agencies) | Friday November 13, 2020Gold Price In India Today: Multi Commodity Exchange (MCX) gold futures were last seen trading 0.05 per cent higher at Rs 50,625. -
Market Latest Updates: Sensex Drops Over 250 Points, Nifty Below 12,650 As Financial Stocks Weigh On Markets
Edited by Sandeep Singh (with inputs from agencies) | Friday November 13, 2020Domestic stock markets started Friday's session on a lacklustre note amid weakness in banking, financial services and energy shares, a day after benchmark indices Sensex and Nifty halted a rally that stretched to eight days. The S&P BSE Sensex index dropped 285.79 points - or 0.66 per cent - to 43,071.40 at the weakest level recorded in morning deals, and the broader NSE Nifty 50 benchmark slumped to as low as 12,613.95, down 76.85 points - or 0.61 per cent - from its previous close. -
Why Amazon Is Feuding With A Partner And Billionaire Mukesh Ambani
Bhuma Shrivastava and Upmanyu Trivedi, Bloomberg | Friday November 13, 2020Amazon says Future violated a contract with the sale to its rival and wants to halt it, while the indebted Mumbai-based firm says it would collapse if the transaction were to fail. -
Petrol, Diesel Prices Remain Unchanged On Friday
Edited by Peter Noronha | Friday November 13, 2020In Delhi, the price of petrol remained at Rs 81.06 per litre and diesel was Rs70.46 per litre, according to notifications from state-run Indian Oil Corporation. -
Sensex, Nifty Likely To Have A Weak Opening
Edited by Peter Noronha (with inputs from agencies) | Friday November 13, 2020Australian S&P/ASX 200 shares dipped 0.12 per cent in early trading. Hong Kong's Hang Seng index futures lost 0.16 per cent, while Japan's Nikkei 225 futures added just 0.22 per cent. -
Indian Oil Operates At Full Capacity On Rebound Of Fuel Demand
Reuters | Thursday November 12, 2020Indian Oil Corp has been gradually raising crude runs at its plants, which plunged to about 39 per cent at the beginning of April when a nationwide coronavirus lockdown hit fuel demand. -
Atmanirbhar 3.0: Government To Now Make Provident Fund Contributions For These Employees
Edited by Nikita Prasad | Thursday November 12, 2020This scheme is a contribution to the PF account of employees and is subsidy support by the government -
Retail Inflation In October Remained Over 7% For Second Straight Month
Reuters | Thursday November 12, 2020Retail inflation has remained above 4 per cent, the middle-point of the RBI's target of 2 -6 per cent, for more than a year, giving it little room to cut rates. -
Do Not Expect RBI To Cut Rates In December: Experts
Reuters | Thursday November 12, 2020Analysts in a poll had forecast consumer prices to rise to 7.30 per centin October, compared to 7.27 per centin the previous month. -
Retail Inflation Worsens To 7.61% In October
Edited by Abhishek Vasudev (with inputs from Reuters) | Thursday November 12, 2020Food price inflation rose 11.07 per cent in October compared with 10.68 per cent in the previous month. -
Rupee Weakens 28 Paise Against Dollar; Settles At 74.64
Edited by Nikita Prasad (With inputs from Agencies) | Thursday November 12, 2020During the session, the domestic unit recorded an intra-day high of 74.38 and a low of 74.74 against the US currency. -
India's GDP To Shrink By 8.9% In 2020, Says Moody's
Edited by Abhishek Vasudev (with inputs from Reuters) | Thursday November 12, 2020The government announced a fresh round of stimulus taking the total to around 29.88 lakh crore or 15 per cent of the GDP to help pull the economy.
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