Business
Sovereign Gold Bond Subscription Opens Today: All You Need to Know
The RBI has fixed the issue price of the gold bond at Rs 5,117 per gram. However, those applying online for the subscription will get a discount of Rs 50 per gram and they will have to pay Rs 5,067, instead of 5,117.
English Shops To Double Charge For Single-use Plastic Bags To 10p
All retailers in England will charge for singleuse plastic carrier bags from next April with the price doubling to 10 pence ($0.13), the government said on Monday as it stepped up efforts to reduce plastic waste.
Saudi Aramco Discovers Two New Oil And Gas Fields - Energy Minister
State oil company Saudi Aramco has discovered two new oil and gas fields in the northern regions, the kingdom's energy minister said on Sunday, state news agency SPA reported.
Continuing with Certain Provisions of MMDR Act to Cause Loss to State Exchequer: Govt
The ministry said it proposes to amend provisions related to grant of prospecting licence and mining leases, and allocate such mineral blocks through transparent method of auction.
Iran Says To Fight U.S. Suit To Seize $1.7 Billion Held By Deutsche Boerse Unit
Iran's central bank said on Saturday it was taking legal steps to counter a lawsuit filed in a U.S. court by creditors seeking to seize $1.7 billion (1.27 billion pounds) of its assets held by Deutsche Boerse's Clearstream unit.
U.S. IPO Market Channels Spirit Of '99 To Tee Up Bumper 2020
A host of companies have filed for U.S. initial public offerings (IPOs) this week in the busiest period in recent history, as businesses rush to take advantage of ample investor appetite for new stocks.
Oil Edges Lower As U.S. Producers, Refiners Avoid Worst Of Storm
Oil prices edged lower on Friday as storm Laura past the heart of the U.S. oil industry in Louisiana and Texas without causing any widespread damage to refineries.
Norwegian Air Aims To Secure More Cash This Year As Losses Balloon
Norwegian Air aims to secure funding this year for the next 18 months or more to see it through the COVID19 pandemic, the budget airline said on Friday after reporting firsthalf losses of $610 million (459.61 million pounds).
SoftBank To Slash Holding In Wireless Carrier To 40.4%; Could Raise $14 Bln
SoftBank Group Corp said on Friday it planned to slash its exposure to wireless carrier SoftBank Corp to 40.4% from 62.1% now, in a sale worth 1.47 trillion yen ($13.8 billion) at Friday's closing price.
Business Events Scheduled For The Coming Week
Business events and economic reports scheduled for the coming week.
S&P, Dow Head Higher On New Fed Stance, COVID Progress
The S&P 500 and the Dow advanced on Thursday as investors digested the U.S. Federal Reserve's new strategy to adopt an average inflation target and restore the United States to full employment, as well as a promising development in the fight against COVID...
New Urbanisation Should Be Done in Line with Sustainable Development: Niti Aayog CEO
He said that cities in India are at a stage of massive development with a growing economy, regional linkages and a vibrant environment.
India, ASEAN Businesses Need to Work to Resolve Differences, Remove Non-tariff Barriers: Piyush Goyal
Goyal said India and ASEAN (Association of Southeast Asian Nations) have not been able to harness the full trade potential for various reasons, but now is the time to expand trade, address concerns and resolve differences.
Global Markets: European Shares Fall, Dollar Edges Up, Investors Wait For Dovish Fed Hints
European shares opened lower on Thursday and the dollar was slightly higher, as investors focused on the U.S. Federal Reserve Chair's speech at the virtual Jackson Hole conference later in the session.
Investors Price For Fed Chair To Signal Inflation Can Run Higher
Investors are awaiting a pivotal speech by U.S. Federal Reserve chair Jerome Powell on Thursday, positioning for rates to be kept lowerforlonger and inflation to potentially run higher.
New Zealand's Stock Exchange Not To Reopen On Thursday After Cyber Attacks
New Zealand's stock exchange will not reopen on Thursday for trading following offshore cyber attacks over the last two days, bourse operator NZX Ltd said.