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NEWS
Defence, pharma stocks drive markets, Sensex gains 142 points
Tue, Aug 11, 2020     Source : Financial Express
While the Nifty crossed the 11,300 mark in early hours of trade, the 50-share index saw some of its gains fizzling out during the last hour of trade.
NEWS
Rolling lockdowns to slow coronavirus hurt India’s economic recovery
Tue, Aug 11, 2020     Source : Mint
India’s economic activity monitors are beginning to flatline just months after showing signs of returning to life.
NEWS
Nifty Pharma index hits 4-year high. What analysts say on today's market action
Tue, Aug 11, 2020     Source : Mint
Indian stock markets ended higher today amid upbeat pharma earnings reports and a rally in defence stocks.
NEWS
All but two PMS schemes post gains in July, but most underperform Nifty
Tue, Aug 11, 2020     Source : Business Standard
Only 25 per cent of the 180 schemes under consideration managed to beat the 7.5 per cent gains posted by Nifty 50
NEWS
Former PM Manmohan Singh lists three-step solution for economic crisis
Tue, Aug 11, 2020     Source : Business Standard
First of the three immediate steps is to "ensure people's livelihoods are protected and they have spending power through a significant direct cash assistance"
NEWS
India's balance of payments will be very strong, says Piyush Goyal
Tue, Aug 11, 2020     Source : Business Standard
Says overseas companies must stop having an 'assembly workshop' approach
NEWS
India’s unemployment rate rises to five-week high, check latest numbers
Tue, Aug 11, 2020     Source : Financial Express
According to CMIE, the labour participation rate for the week ended August 9 stood at 40.62%, which was overall at 40.7% in July.
NEWS
Auto sector expects recovery this month: FADA
Tue, Aug 11, 2020     Source : Business Line
Onam, Ganesh Chaturthi festivities kindle hope; July sales plunge
NEWS
Govt may allow co-op banks to lend under scheme for MSMEs
Tue, Aug 11, 2020     Source : Mint
The government may include cooperative banks as a lending institution under the Emergency Credit Line Guarantee Scheme (ECLGS) that was announced to support stressed micro, small and medium enterprises (MS...
NEWS
Banks ?in ?a ?spot as most bad loans out of recast ambit
Tue, Aug 11, 2020     Source : Mint
Stressed loans totalling ?5.7 trillion may not be eligible for the proposed one-time debt recast aimed at saving borrowers affected by the coronavirus outbreak, three bankers said.
NEWS
Tata group seeks financial partners to bid for crisis-hit Air India
Tue, Aug 11, 2020     Source : Business Standard
Last date for submitting EoIs for Air India is August 31
NEWS
Dow jumps, Nasdaq falls as Trump acts in absence of aid deal
Tue, Aug 11, 2020     Source : Mint
Wall Street was mixed early Monday, with Nasdaq retreating further as investors digested President Donald Trump's efforts to take unilateral action in the absence of a deal with Congress on emergency pande...
NEWS
US hits 5 million virus cases as Trump criticised over relief package
Mon, Aug 10, 2020     Source : Mint
The United States on Sunday reached the extraordinary milestone of five million coronavirus cases as President Donald Trump was accused of flouting the constitution by unilaterally extending a virus relief...
NEWS
RIL’s financial services assets spike; indicate big plans are in the works
Mon, Aug 10, 2020     Source : Business Line
From ?13,150 cr as of June 2019, they have grown to ?83,827 cr as of June 2020
NEWS
Govt begins probe into Chinese shareholding in rig operations in India
Mon, Aug 10, 2020     Source : Business Standard
Fresh guidelines will be issued to make them much more stringent for strategic sectors, say sources
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