Business News
ReutersMay 27, 2020
Spot gold dipped 0.3% to $1,705.94 per ounce by 0502 GMT, after hitting its lowest level since May 13 of $1,703.40 earlier in the session. US gold futures were down 0.6% to $1,695.80.
ReutersMay 27, 2020
Brent crude futures fell 21 cents, or 0.6%, to $35.96 by 0120 GMT. US West Texas Intermediate (WTI) crude futures were down 31 cents, or 0.9%, at $34.04 a barrel.
PTIMay 27, 2020
The rupee opened weak at 75.72 at the interbank forex market and then fell further to 75.74, down 8 paise over its last close.
ReutersMay 27, 2020
Hong Kong shares led declines among major regional indexes, with Hang Seng falling 0.46%, though it kept a bit of distance from a two-month low touched on Monday. MSCI's ex-Japan Asia-Pacific index lost 0.12%, with
Express Web DeskMay 27, 2020
The S&P BSE Sensex surged 995.92 points (3.25 per cent) to settle at 31,605.22, while the broader Nifty 50 ended at 9,314.95, up 285.90 points (3.17 per cent).
George MathewMay 27, 2020
Rajeswari, General Manager of New India Assurance, is set to replace AV Girija Kumar, who retires this month.
ENS Economic BureauMay 27, 2020
According to the SBI’s research report ‘Ecowrap’, gross domestic product (GDP) growth is likely to be 4.2 per cent for the full year of FY20.
Pranav MukulMay 27, 2020
In total, five companies — Uber India and South Asia, Ola, Zomato, Swiggy and Cure.fit — have together announced the reduction of around 4,441 jobs in the last one month.
Express Web DeskMay 26, 2020
On the flight movement on Tuesday, the aviation minister said the airports have handled 325 departures and 283 arrivals with 41,673 passengers till 5 pm.
BloombergMay 26, 2020
No green strings attached in Lufthansa’s bailout package Subscriber Only
Lufthansa Chief Executive Officer Carsten Spohr has previously said the airline, Europe’s biggest with over 760 jets pre-crisis, would slash emissions by investing in more fuel-efficient aircraft.
ReutersMay 26, 2020
Spot gold was down 0.2% at $1,725.25 per ounce by 1046 GMT. US gold futures fell 0.6% to $1,724.60.
PTIMay 26, 2020
According to the SBI's research report - Ecowrap - the gross domestic product (GDP) growth is likely to be 4.2 per cent for FY20 and (-) 6.8 per cent for FY21.
Express Web DeskMay 26, 2020
On March 27, the RBI had first announced a 3-month moratorium on all loans -- including home and term loans -- and outstanding credit card dues for three months. It was again extended for another
PTIMay 26, 2020
On BSE, HDFC stock declined 1.55 per cent to Rs 1,493. They fell 1.55 per cent to Rs 1,492.60 on NSE.
PTIMay 26, 2020
The ITC scrip rose by 4.61 per cent to Rs 194.95 on BSE, and 4.61 per cent to Rs 194.95 on NSE.
Express Web DeskMay 26, 2020
The lay offs come from across driver and rider support, as well as other functions, Uber said in a statement adding that these reductions are part of its previously announced global job cuts earlier this
PTIMay 26, 2020
At the interbank foreign exchange, the rupee opened at 75.69, then gained ground to touch 75.65, registering a rise of 30 paise over its previous close.
ReutersMay 26, 2020
US West Texas Intermediate (WTI) crude futures gained 3.2%, or $1.06, to $34.31 a barrel as of 0429 GMT, just off an intra-day high of $34.33. Brent crude futures were up nearly 1.7%, or 59
ReutersMay 26, 2020
Japan's Nikkei led the way with a rise of 2% to its highest since early March when the economic impact of the coronavirus was just becoming clear. MSCI's broadest index of Asia-Pacific shares outside Japan
Express Web DeskMay 26, 2020
The S&P BSE Sensex slipped 63.29 points (0.21 per cent) to end at 30,609.30, while the broader Nifty 50 settled at 9,029.05, down 10.20 points (0.11 per cent).
ReutersMay 26, 2020
Berlin, which has set up a 100 billion euro fund to take stakes in companies struck by the coronavirus crisis, said it plans to sell the Lufthansa stake by the end of 2023.
ENS Economic BureauMay 26, 2020
Rathin Roy, director at National Institute of Public Finance and Policy and former member of the Prime Minister’s Economic Advisory Council.
ENS Economic BureauMay 26, 2020
The block deal will be conducted by JP Morgan India at around Rs 558 per share, close to 6 per cent discount to the closing price of Rs 593.20 on May 22 on the NSE.
Express News ServiceMay 26, 2020
However, procurement has been sluggish in Uttar Pradesh, which contributes a substantial quantity to central pool. This year, the procurement started from April 15 due to the lockdown.
ENS Economic BureauMay 26, 2020
It has reported an increase in provisioning, including impact for COVID-19, at Rs 1,274 crore (Rs 398 crore for COVID-19). The HDFC board has proposed a final dividend of Rs 21 per share as against
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