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Piyush Goyal Invites Global Investors To India, Highlights Favourable Business Environment
Asian News International | Thursday November 12, 2020, New DelhiIn his address today at Conference ''India: Drivers of Change'' organised by the Bank of America on Wednesday, My Goyal said that the country offers fair value for their investments. -
Petrol, Diesel Prices Unchanged On Thursday
Edited by Peter Noronha | Thursday November 12, 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 Cautious Start
Edited by Peter Noronha (with inputs from agencies) | Thursday November 12, 2020Australian S&P/ASX 200 shares rose 0.29 per cent in early trading, while Japan's Nikkei 225 futures fell 0.2 per cent and Hong Kong's Hang Seng index futures rose 0.56 per cent. -
Future Claims Communication With Reliance On Arbitration Order For Legitimate Purpose
Reuters | Wednesday November 11, 2020Amazon argues it had a 2019 agreement with Future which prevented the Indian group's retail assets from being sold to certain parties including Reliance Industries -
Amazon Accuses Future Of Insider Trading As It Seeks To Block Reliance Deal: Report
Reuters | Wednesday November 11, 2020The spat is being closely watched as a key test of whether Indian firms, courts and regulators will respect arbitration decisions made in accordance with overseas arbitration rules. -
Gold Prices Likely To Surge By This Much In Long Term
Edited by Nikita Prasad | Wednesday November 11, 2020Domestic spot gold closed atRs 50,708 per 10 grams on Wednesday, and silver atRs 62,440 per kilogram - both rates excluding GST -
"Revenue Shock" Forces States To Cut Capital Spending By Up To Rs 2.7 Lakh Crore: ICRA
Reuters | Wednesday November 11, 2020Though central government collects the bulk of the taxes, it is the states which do most of the expenditure, including on education, healthcare, law and order. -
Government To Spend Rs 2 Lakh Crore Over 5 Years To Boost Manufacturing
Reuters | Wednesday November 11, 2020The incentives will be given to manufacturers in 10 sectors including automobiles and auto parts, pharmaceuticals, textiles, and food products to attract investment -
Rupee Slips 18 Paise Against Dollar; Settles At 74.36
Edited by Nikita Prasad (With inputs from Agencies) | Wednesday November 11, 2020BSE Sensex settled 316.02 points or 0.73 per cent higher at 43,593.67 after reachingits all-time peak of 43,708.47 during the session. -
Another Round Of Stimulus Likely Before Diwali: Sources
Reported by Sunil Prabhu, Edited by Peter Noronha | Wednesday November 11, 2020The stimulus would focus on job manufacturing and a further extension of the cabinet's decision to give a push to growth with productivity-linked schemes. -
Sensex, Nifty Close At Record Highs, Rally For Eighth Session In A Row
Edited by Abhishek Vasudev | Wednesday November 11, 2020Mid- and small-cap shares underperformed their larger peers as Nifty Midcap 100 and Nifty Smallcap 100 indexes rose 0.4 and 0.7% each respectively. -
Cabinet Approves Production-Linked Incentive Scheme For 10 Sectors
Edited by Peter Noronha | Wednesday November 11, 2020Production-linked incentives will be offered for sectors such as white goods manufacturing, pharmaceutical, specialised steel, auto, telecom, textile, food products, solar photovoltic and cell battery. -
Gland Pharma IPO Oversubscribed On Final Day Of Subscription
Edited by Abhishek Vasudev | Wednesday November 11, 2020Gland Pharma's public offer will be the largest pharma IPO in the country, as per estimates. It will also be the Indian company, with Chinese parentage, to tap the primary marker for funding. -
State-Funded Infrastructure Capex To Remain Weak In Near Term: ICRA
Edited by Nikita Prasad | Wednesday November 11, 2020The actual spending on infrastructure could decline by up to 40 per cent with the COVID-19 pandemic impacting states' revenue. -
Sensex, Nifty Stage Recovery From Intraday Lows Led By Infosys, HDFC
Edited by Abhishek Vasudev | Wednesday November 11, 2020Nine of 11 sector gauges compiled by the National Stock Exchange were trading higher led by Nifty Pharma index's 3.72 per cent gain.
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