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RBI Exploring Investment Options For Reserves: Report
Reuters | Tuesday November 03, 2020The official said that the RBI was studying the possibility of investing in AAA-rated corporate dollar bonds, which offer better returns than sovereign credit. -
Bank Of Baroda Rolls Back Charges After Public Outcry
Edited by Abhishek Vasudev (with inputs from Reuters) | Tuesday November 03, 2020Bank of Baroda reported a net profit of Rs 1,679 crore for the quarter ended September, a jump of 128 per cent from the same period a year ago. -
Merchandise Exports Fall 5.4% In October, Trade Deficit Narrows
Edited by Nikita Prasad | Tuesday November 03, 2020Exports during the April-October period stood at $150.07 billion, registering a decline of 19.05 per cent over the corresponding period last year. -
Gold Price Today: Domestic Gold Futures Eke Out Gains Amid Volatile Trade
Edited by Sandeep Singh (with inputs from agencies) | Tuesday November 03, 2020Gold Price In India Today: MCX gold futures moved within a range of more than Rs 350, between Rs 50,789 and Rs 51,165, compared to their previous close of Rs 51,067. -
New Pipeline To Boost 2021-22 Gas Supply By A Quarter: Gujarat State Petronet
Reuters | Tuesday November 03, 2020GSPL operates about 2,700 km (1,678 miles) of gas pipelines with capacity of 43 mmscmd, but in the 2019-20 financial year it supplied 40 mmscmd gas, as one pipeline was commissioned only in November 2019. -
Gland Pharma Gets Nod To Float IPO
Edited by Peter Noronha | Tuesday November 03, 2020The IPO comprises fresh issue of shares amounting to up to Rs 1,250 crore and an offer for sale of more than 3.4 crore shares, draft papers filed with SEBI reveal. -
Jack Ma Gets Warning From China Days Ahead Of Ant's Record IPO: Report
Bloomberg News | Tuesday November 03, 2020Ant's leadership team was told the company will face increased scrutiny and be subject to restrictions on capital and leverage similar to banks. -
Sensex, Nifty Gain For Second Straight Session Led By Banks
Edited by Abhishek Vasudev | Tuesday November 03, 2020Banking shares witnessed strong buying interest for second session in a row. In the last two sessions Nifty Bank has surged 1,782 points or 7.45%. -
Sensex Surges Over 500 Points, Nifty Rises Above 11,800
Edited by Abhishek Vasudev | Tuesday November 03, 2020Eight of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Bank index's nearly 3 per cent gain. -
World's Best-Performing Airline Stock Is India's Bankrupt Jet Airways
Anurag Kotoky and Nupur Acharya, Bloomberg | Tuesday November 03, 2020Stock in Mumbai-listed Jet Airways India Ltd. has surged almost 150% this year versus a 42% plunge in the 27-member Bloomberg World Airlines Index. -
Sensex Ends 504 Points Higher As Markets Extend Gains To Second Straight Day
Edited by Sandeep Singh (with inputs from agencies) | Tuesday November 03, 2020Automobile and metal shares also supported the markets, however weakness in energy stocks limited the upside. -
Gold Prices Drop As Investors Await US Election Results
Reuters | Tuesday November 03, 2020Gold, which is seen as a hedge against inflation and currency debasement, has gained over 24% so far this year on unprecedented stimulus measures. -
Want To Set Up A Fixed Deposit? Top Banks Pay These Returns
Edited by Nikita Prasad | Tuesday November 03, 2020Fixed deposits are considered secured investments as they offer guaranteed returns, unlike market-linked investments such as stocks, where the returns fluctuate over time. -
Top Court Defers Hearing On Loan Relief To November 5
Reported by A Vaidyanathan, Edited by Sandeep Singh | Tuesday November 03, 2020The lenders will credit the amount irrespective of whether the borrower fully or partially opted for the relief. -
Sterlite Technologies To Acquire Italy-Based Optotec; Stock Gains Over 2%
Edited by Peter Noronha | Tuesday November 03, 2020"STL...today announced the signing of definitive agreements to acquire Optotec S.p.A, a leading optical interconnect products company based in Italy," Sterlite Technologies said in a regulatory filing to the stock exchanges.
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