Q2 GDP: Indian economy to continue on recovery mode, say experts, India Inc

With India’s GDP clocking a lower contraction of 7.5 per cent in the September quarter, industry and experts expressed confidence of further recovery in the coming months and said the government’s actions are bearing fruit.  In a tweet, Vedanta Chairman Anil Agarwal said, “Q2 #GDP numbers show that economy is recovering. Government’s efforts on stimulus […]

PRECIOUS-Gold edges up as weaker dollar offsets vaccine optimism

(Updates prices) * Fed minutes due at 1900 GMT * Dollar hovers close to near three-month low * Interactive graphic tracking global spread of coronavirus: tmsnrt.rs/3aIRuz7 in an external browser By Diptendu Lahiri Nov 25 (Reuters) – Gold edged higher on Wednesday after retreating in previous sessions, with a weaker dollar helping to offset a […]

Small firms seek big bailout plan

Thousands of small and medium-sized companies in India have missed loan payments and are staring at a prolonged period of distress owing to the pandemic while the larger ones have held their ground and, in some cases, thrived, loan recast data from top lenders showed. Micro, small and medium enterprises (MSME) make up the overwhelming […]

Sensex, Nifty tumble after reaching fresh highs, end deep in red; are bears returning to D-Street? 

Only three of the 30 Sensex constituents closed with gains. ONGC gained 6.25%, followed by Power Grid and IndusInd Bank. After having hit fresh all-time highs on Wednesday morning, Sensex and Nifty saw a sharp sell-off as stock markets closed deep in red. Sensex and Nifty tanked 1.5% each during the day’s trade. Only three […]

Nifty in for more range bound action? 5 things to know before opening bell today

Since opening today, Nifty 50 has been on an upward trajectory and is now trading near 13,050 levels Domestic equity benchmarks scaled to new all-time highs on Monday and managed to close with gains yet again. S&P BSE Sensex now sits at 44,077 points while the Nifty 50 index is at 12,926 levels. Technically, the […]

Nifty in for more range bound action? 5 things to know before opening bell today

Domestic equity benchmarks scaled to new all-time highs on Monday and managed to close with gains yet again. S&P BSE Sensex now sits at 44,077 points while the Nifty 50 index is at 12,926 levels. Technically, the equity markets are still trading with a positive bias and chartists expect the 50-stock Nifty to achieve 13,000 […]

Gold slips on AstraZeneca boost to vaccine race

Gold bars being cast at a plant by Gulidov Krasnoyarsk Non-Ferrous Metals Plant in Russia. Kirill Kukhmar | TASS | Getty Images Gold prices eased on Monday as drugmaker AstraZeneca injected fresh optimism into the race for a COVID-19 vaccine, bolstering appetite for riskier assets and overshadowing support for bullion from a weaker dollar. Spot […]

Today’s top business news: Shares gain amid vaccine hopes, CEA says India likely to have current account surplus this fiscal, Lakshmi Vilas Bank stock tanks over 48% in 5 days, and more

The benchmark stock indices have opened the week on a positive note once again fueled by vaccine hopes. Join us as we follow the top business news through the day. 4:30 PM Economic inequality: Germany vs USA   4:00 PM Sensex ends 195 points higher; Nifty tops 12,900 Yet another week begins on a positive […]

PRECIOUS-Gold slips on AstraZeneca boost to vaccine race

(Updates prices) * AstraZeneca says COVID-19 vaccine can be 90% effective * Equities rally, dollar dips to near three-month low * Interactive graphic tracking global spread of coronavirus: open * tmsnrt.rs/3aIRuz7 in an external browser By Asha Sistla Nov 23 (Reuters) – Gold prices eased on Monday as drugmaker AstraZeneca injected fresh optimism into the […]

‘Punjab, Haryana and Himachal kept Covid-19 cases under control till October’ | Chandigarh News

CHANDIGARH: Despite heavy caseload, Punjab, Haryana and Himachal Pradesh managed to control the Covid-19 situation during the five-month period between April and October, say the findings of the State Bank of India’s research report, Ecowrap. All the three states, which are at present witnessing resurgence of Covid cases, managed to control the spread of the […]