Business
Gold Set for Second weekly Rise on US-China Trade Deal Uncertainties
On Thursday, gold prices had climbed as the US dollar weakened after the Federal Reserve cut interest rates for the third time this year.
India Loses Export Incentive Case Filed by US at WTO Due to 'Inconsistency' With International Trade Norms
With this ruling, India will have to re-work these incentive schemes to comply with the WTO ruling. However, it can file appeal against the ruling at the appellate body of the WTO dispute settlement mechanism.
Banks Should Not Hesitate to Give Loans to SHGs Backed by Credible Spiritual Leaders: Nirmala Sitharaman
Good institutions, good banks, NABARD and SIDBI together with Dharmadhikaris can do miracles for our society, Finance Minister Nirmala Sitharaman said.
InterGlobe Aviation Shares Jump Over 7 Percent on Placing Order for 300 Airbus Planes
The scrip climbed 7.19 per cent to close at Rs 1,511.70 on the BSE. During the day, it jumped 8.79 per cent to Rs 1,534.35. On the NSE, it advanced 7.18 per cent to close at Rs 1,511.
IndiGo to Buy 300 A320neo Family Aircraft in One of Airbus' Largest Orders to a Single Airline
With this, IndiGo's total number of A320neo family aircraft order now stands at 730.
Airtel Postpones Q2 Results as It Seeks ‘Support’ from Govt Over Rs 42,000cr Statutory Levies
Airtel, Vodafone-Idea and other telecom operators may have to pay the government a whopping Rs 1.42 lakh crore following the Supreme Court order last week that sent shock waves through the industry.
Carrot-and-stick Economic Model Not Workable in All Countries, Says Economist Deepak Nayyar
Nayyar is a former vice-chancellor of Delhi University and Emeritus Professor of economics at Jawaharlal Nehru University.
Sensex Jumps 195 Points and Nifty Reclaims 11,600 to Mark Beginning of Hindu Samvat
The 30-share Sensex was trading higher by 194.87 points at 39,252.93 in the first few minutes of trade. The broader NSE Nifty also rose by 56.55 points to 11,644.95.
ICICI Bank Q2 Net Down 6 Percent to Rs 1,131.20 Crore
Total consolidated income rose 17.26 per cent to Rs 37,424.78 crore during the period under review, as against Rs 31,914.82 crore in the corresponding period of 2018-19, the bank said in a regulatory filing.
SBI Shares Surge 8% as Q2 Net Profit Triples to Rs 3,012 Crore
SBI on Friday said net profit increased to Rs 3,012 crore in the September quarter compared with Rs 944.87 crore in same period last year.
Vodafone Idea Shares Crumble over 27 Percent in Intra-day Trade after SC Order
Vodafone Idea plummeted 23.36 per cent to close at Rs 4.33 on the BSE. During the day, it tanked 27.43 per cent to Rs 4.10 its 52-week low.
Rupee Rises by 21 Paise to 70.70 Against Dollar in Early Trade
Domestic bourses opened on a cautious note on Thursday with benchmark indices Sensex trading 37.52 points higher at 39,096.35 and Nifty higher by 1.15 points at 11,605.25.
Sensex Jumps by 250 Points; Nifty Crosses 11,600-mark
HCL Tech was the biggest gainer in the Sensex pack, rising over 3 per cent, after the IT major on Wednesday posted a 6.9 per cent rise in its consolidated net profit to Rs 2,711 crore for the September 2019 quarter.
Infosys Shares Rise by 1% Day After Nosediving Over Whistleblowers' Allegations Against Top Brass
Shares of Infosys on Tuesday plummeted nearly 17 percent marking their worst intraday fall in over six years, wiping Rs 53,451 crore from its market valuation.
Jio, Vodafone Idea, Airtel Pay over Rs 4,500 Crore in Spectrum Dues to Govt
While Mukesh Ambani-led Reliance Jio has paid Rs 1,133 crore to the Department of Telecom, Vodafone Idea has made Rs 2,421 crore payment towards spectrum dues.
Rupee Rises 27 Paise to 70.87 Against US Dollar in Early Trade
The rupee opened at 70.90, then gained further ground and touched a high of 70.87 against the US dollar, registering a rise of 27 paise over its previous close.
