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Rupee May Return To Near Pre-Covid Levels By March, Says Nomura
Kartik Goyal, Bloomberg | Thursday November 12, 2020The rupee is Asia's worst performer with a year-to-date loss of 4 per cent. -
India In Historic Technical Recession, RBI Says In First "Nowcast"
Anirban Nag, Bloomberg | Thursday November 12, 2020Gross domestic product contracted 8.6 per cent in the quarter ended September, the Reserve Bank of India showed in its first ever published 'nowcast.' -
Dhanteras 2020: How To Buy Physical, Non-Physical Gold
Edited by Sandeep Singh | Thursday November 12, 2020Dhanteras 2020: The price of gold in its physical form includes making charges, which is the cost covering the cost of giving gold shape such as jewellery. -
Rs 8,100 Crore Financial Assistance For Infra Viability Gap Funding Gets Nod
Asian News International | Thursday November 12, 2020, New DelhiAn official release said revamped Viability Gap Funding Scheme mainly relates to two sub-schemes for mainstreaming private participation in social infrastructure: -
RBI Bought Net $8.17 Billion In Foreign Exchange Market In September: Report
Reuters | Thursday November 12, 2020, MumbaiThe RBI bought $13.32 billion and sold $5.15 billion in the market in September, it said in a bulletin released late on Wednesday. -
Market Latest Updates: Sensex Falls Over 300 Points, Nifty Near 12,700 As Markets Off Record Highs
Edited by Sandeep Singh (with inputs from agencies) | Thursday November 12, 2020The government on Wednesday announced production-linked incentives worth about Rs 2 lakh crore spread over five years for manufacturers in 10 sectors. -
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.
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