Gold Price Today: Gold prices rose Rs 122 to Rs 51,989 per 10 grams in the national capital on Tuesday supported by rupee depreciation, according to HDFC Securities.
Domestic equity benchmark Sensex pared all intra-day gains to end 52 points lower on Tuesday, tracking losses in Bharti Airtel, Axis Bank and HDFC amid weak global cues.
The Railways has generated more than 8 lakh man-days of work in six states, including Bihar and Rajasthan, under a rural public works scheme launched in June this year to tackle the impact of COVID-19 on migrant workers, the ministry said Tuesday.
The Supreme Court's decision to allow telcos to pay outstanding dues over 10 years will not be enough to help Vodafone Idea to stabilise its position, while Jio and Airtel are expected to strengthen their market shares through subscriber gains, Fitch Ratings has said. It further said another tariff hike of at least 20 per cent is probable in the next 12 months.
Ed-tech major Byju’s has raised fresh funding from Silver Lake and existing investors, Tiger Global, General Atlantic and Owl Ventures. While the company did not disclose financial details, sources said Byju’s has raised $500 million (about ₹3,672 crore) in the new round that valued it at $10.8 billion.
Fitch Ratings on Tuesday projected a massive 10.5 per cent contraction of India''s economy in the current financial year. India recorded one of the sharpest gross domestic product (GDP) contractions in the world in April-June.
The State Bank of India (SBI) has invoked the personal guarantees of Sanjay Singal, former promoter of Bhushan Power & Steel Ltd (BPSL), and has sent him a demand notice for recovery of Rs 12,275.91 crore.
Days after government announced 2 options for States on the issue of meeting GST compensation, Finance Ministry sources on Monday said the entire shortfall of compensation to the states irrespective of whether it is on account of GST implementation or coronavirus pandemic will be compensated.
The Enforcement Directorate (ED) has arrested Deepak Kochar, husband of former ICICI Bank MD and CEO Chanda Kochhar in connection with ICICI Bank-Videocon case, Enforcement Directorate (ED) officials have informed.
Gold prices on Monday rose Rs 258 to Rs 51,877 per 10 grams in the national capital supported by rupee depreciation, according to HDFC Securities.
Domestic equity benchmark Sensex ended 60 points higher after a volatile session on Monday amid mixed cues from global markets.
The Reserve Bank of India (RBI) on Monday announced that it will conduct simultaneous purchase and sale of government securities under the Open Market Operation (OMO) for Rs 10,000 crore each on September 10, the central bank said.
Terming the 23.9 per cent fall in economic growth in June quarter alarming, former Reserve Bank Governor Raghuram Rajan has said bureaucracy should come out of complacency and take meaningful action.
According to a research report by BofA Securities, in the last 4 years, with Jio, RIL has been able to build a "digital layer" on top of the existing "physical layer" of retail shops across electronics, grocery and apparels.
Vodafone Idea launched “Vi”, a new unified brand identity in India which will bet big on digital to attract customers and stem exits to rivals Bharti Airtel and Reliance Jio. Vodafone Idea, now VI, is renewing its focus after the AGR verdict a few days ago.
Diesel price has extended its gap with petrol across the country with oil marketing companies cutting its retail price again while keeping petrol price steady.
Happiest Minds IPO: Happiest Minds Technologies Ltd, the digital IT and product engineering service provider opens its Rs 702-crore maiden initial public offering (IPO) for a subscription today i.e (September 7). The price band of the offer has been fixed at Rs 165-Rs 166 per equity share.
Data shared by the Employees' Provident Fund Organisation (EPFO) has shown employees working with major IT companies have availed the maximum EPF advances. Following the coronavirus pandemic, EPFO offered members the opportunity to avail advance not exceeding three months’ basic wages and dearness allowances or up to 75% of the amount standing to the credit of their respective accounts.
Potato prices in West Bengal are currently ruling high at Rs 32-33 a kg as 15-20 per cent of daily supply of the commodity is being exported to neighbouring states.
Technology transfer curbs and the rise of rival platforms could pose as major roadblocks in the way of TikTok India's acquisition, the Mint quoted two industry experts as saying.
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