Sensex crashes over 1,100 points; Nifty tanks 371 points to end just above 16,600
Dec 20, 2021, 04:29 PM ISTEquity benchmark Sensex plummeted over 1,100 points on Monday to end below 56,000.
Equity benchmark Sensex plummeted over 1,100 points on Monday to end below 56,000.
According to the regulator, certain contraventions by Amazon arise from a "deliberate design on the part of Amazon to suppress the actual scope and purpose of the combination and the Commission finds no mitigating factor".
The strike is against the government's decision to privatise public sector banks which have been playing a vital role in nation building, (AIBEA) general secretary C H Venkatachalam said.
The Central government on Thursday lowered GST rate to 5 per cent from 18 on ethanol meant for blending under the Ethanol Blended Petrol (EBP) programme.
Many branches across different parts of the country were shut as the United Forum of Bank Union (UFBU), an umbrella body of nine bank unions including All India Bank Officers' Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW) had given two-day strike call.
In the case of the ICICI Bank, the RBI said the statutory inspection for supervisory evaluation of the bank was conducted by it with reference to its financial position as of March 31, 2019.
The report underlined that there are about 1,100 loans apps currently working that can searched through key words like loan, instant loan, quick loan, etc on the internet.
In the previous trade, the precious metal settled at Rs 47,200 per 10 gram. Silver prices also rose by Rs 195 to Rs 60,122 per kg from Rs 59,927 per kg in the previous trade.
Speaking at the 'Depositors First: Guaranteed Time-bound Deposit Insurance Payment up to Rs 5 lakh' programme, the Prime Minister said that the BJP-led Central government has enhanced financing system and has introduced various reforms in the last 7 years to benefit the poor and middle-class individuals.
In the previous trade, the precious metal had settled at Rs 46,952 per 10 gram. In contrast, silver prices declined by Rs 615 to Rs 59,273 per kilogram from Rs 59,888 per kilogram in the previous trade.
CDS General Bipin Rawat and his wife Madhulika Rawat, seven Indian Army officers and jawans and four Indian Air Force officers lost their lives in the military chopper crash near Coonoor in Tamil Nadu on Wednesday.
As per certain media reports, the company has managed to raise funds for repayment of interest to its bondholders amounting to nearly Rs 6,000 crore.
This is the ninth consecutive time since the rate remains unchanged. The RBI had last revised the policy rate on May 22 last year.
"If you're on this call, you are part of the unlucky group," Vishal Garg, the CEO of Better.com, reportedly laid off 900 of his employees in the US and in India on a Zoom call last week.
If the RBI maintains status quo in policy rates on Wednesday, it would be the ninth consecutive time since the rate remains unchanged. The central bank had last revised the policy rate on May 22, 2020, in an off-policy cycle to perk up demand by cutting interest rate to a historic low.
India can lead the Digital Society and become a global leader in its own right, said Mukesh Ambani, Chairman and Managing Director, Reliance Industries Limited (RIL).
The Reserve Bank of India has announced that the cash withdrawal charges on ATMs will be hiked from 1 January 2022.
The 30-share BSE index ended 764.83 points or 1.31 per cent lower at 57,696.46. Similarly, the broader NSE Nifty tanked 204.95 points or 1.18 per cent to 17,196.70.
HDFC was the top gainer in the Sensex pack, climbing nearly 4 per cent, followed by PowerGrid, Sun Pharma, Tata Steel, Tech Mahindra and Bajaj Finserv. On the other hand, ICICI Bank and Axis Bank were the losers.
The GDP growth in April-June quarter this fiscal stood at 20.1 per cent. The Indian economy had contracted by 24.4 per cent in April-June last year.
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