Business News
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
Aanchal MagazineMay 26, 2020
Labour Laws: Legal hurdles, trade union opposition force some states to pull back major changes Subscriber Only
The move also comes close on the heels of the Madhya Pradesh government last week amending its proposed changes to labour laws, citing the need for legal consent before workers are asked to work overtime.
ENS Economic BureauMay 26, 2020
In a report, IiAS said the bank “is compelled to hold a physical EGM in June, contradicting the rationale behind national lockdowns to contain the spread of Covid-19.”
ENS Economic BureauMay 26, 2020
A three-member Bench of the NCLAT held that the NCLT order asking the Ministry to be made a party in all IBC cases, without giving the MCA a chance to present its side would have
PTIMay 25, 2020
The board has proposed a dividend of Rs 21 per share of the face value of Rs 2 per unit, HDFC Ltd said in a regulatory filing.
PTIMay 25, 2020
In a statement, the food ministry said the overall wheat procurement has touched 34.15 MT as on May 24 in the current marketing year, surpassing last year's figure of 34.13 MT.
PTIMay 25, 2020
In a tweet, the CBIC said it is "committed to ensuring liquidity to GST taxpayers especially MSME sectors during the lockdown".
PTIMay 25, 2020
The Solvent Extractors Association of India (SEA) also urged the government to ban the import of refined palm oils or palmolien in order to encourage domestic production.
PTIMay 25, 2020
The company said it has signed a share purchase agreement (SPA) with Sunrise Foods Private Ltd (SFPL) which will augment its product portfolio and is also aligned to its aspiration to significantly scale up its
PTIMay 25, 2020
Suzuki Motor Gujarat (SMG) manufactures cars on a contract basis for Maruti Suzuki India (MSI).
ReutersMay 25, 2020
Spot gold fell 0.4% to $1,728.06 per ounce by 0252 GMT. US gold futures were down 0.4% at $1,728.50.
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