Market Reels!India GDP Contracts A Record 23.9% In April-June Quarter:India’s economy contracted by the most on record last quarter as the world’s biggest lockdown to stem the coronavirus pandemic brought key…Aug 31, 2020Aug 31, 2020
Market Reels!Banks Board Bureau recommends Dinesh Kumar Khara as next SBI chairman:The Banks Board Bureau on Friday recommended Dinesh Kumar Khara for the post of chairman of the State Bank of India (SBI).Aug 28, 2020Aug 28, 2020
Market Reels!Government asks states to borrow ₹2.35 lakh crore to meet tax shortfall:FM Sitharaman added the economy is facing an extraordinary ‘Act of God’ situation.Aug 27, 2020Aug 27, 2020
Market Reels!Reliance hires Indian Oil ex-chairman to lead oil-to-chemical business:India's Reliance Industries Ltd has appointed Sanjiv Singh, former chairman of refiner and fuel retailer Indian Oil Corp., as group…Aug 26, 2020Aug 26, 2020
Market Reels!Cabinet gives nod to set up 'National Recruitment Agency' to conduct Common Eligibility Test (CET)The merit list of Common Eligibility Test (CET) will remain valid for 3 years during which a candidate can apply for job in different…Aug 19, 2020Aug 19, 2020
Market Reels!SBI’s Economic Research division revisits India’s GDP growth estimate for Q1 FY21, pegs it at -16.5%SBI estimates show that July CPI could be even higher than 7.5%, instead of 6.93% computed.Aug 17, 2020Aug 17, 2020
Market Reels!Russia has begun production of a coronavirus vaccine: Russian Health MinistryRussia has begun production of a coronavirus vaccine developed by the N.F. Gamaleya Research Center for Epidemiology (SIC), the Ministry of…Aug 15, 2020Aug 15, 2020
Market Reels!Mutual Funds AUM rises 6.4% in July back to pre-pandemic levels ; Debt funds shine in July:The asset base of India’s mutual funds (MF) industry swelled by over 6% on-month in July to ₹27.12 lakh crore, marking the fourth straight…Aug 14, 2020Aug 14, 2020
Market Reels!Gold at ₹65,000 by Diwali ?The biggest drop in gold prices in nearly seven years wasn’t enough to pull Indian buyers back to stores and they are likely to stay on the…Aug 13, 2020Aug 13, 2020
Market Reels!Retail inflation rises to 6.93% in July from 6.23% in June: Ministry of StatisticsThe retail inflation figure for the month of June was revised by the government to 6.23% from 6.09% earlier.Aug 13, 2020Aug 13, 2020