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NEWS
D-St investors richer by Rs 1.25 lakh crore as Sensex zooms past 45k
Sat, Dec 05, 2020     Source : Economic Times
Buyers accumulated banks, along with select telecom and FMCG names, on Friday following bullish commentary from RBI about economic growth that took benchmark indices to fresh record highs.
NEWS
A catch-up rally driving the bulls
Sat, Dec 05, 2020     Source : Mint
Nifty50 index managed to attain positive returns for the fifth consecutive week however, the week saw a legit struggle between large and small caps.
NEWS
Burger King India IPO subscribed 156.65 times
Sat, Dec 05, 2020     Source : Economic Times
The Rs 810 crore-initial public offering (IPO) of quick-service restaurant chain Burger King India was subscribed 156.65 times on Friday-the final day of bidding.
NEWS
RBI forecast, foreign portfolio investments flows push Sensex past 45,000
Sat, Dec 05, 2020     Source : Business Standard
The benchmark indices gained for the fourth straight session and fifth straight week - the longest run of weekly gains since July
NEWS
Forex reserves down $469 mn to $574.82 bn
Sat, Dec 05, 2020     Source : Economic Times
After touching a lifetime high in previous week, the country's foreign exchange reserves declined USD 469 million to USD 574.821 billion in the week ended November 27, RBI data showed.
NEWS
FM says frequent changes to GST rates upset calculations
Sat, Dec 05, 2020     Source : Mint
Finance minister Nirmala Sitharaman on Friday signalled that the Centre may push to limit changes in goods and services tax rates by the GST Council to only once a year instead of continuing to allow frequ...
NEWS
RBI leans towards economic growth, keeps policy rates unchanged at 4%
Sat, Dec 05, 2020     Source : Business Standard
The rate pause was on expected lines, and all the six members on the Monetary Policy Committee were unanimous on the matter
NEWS
Not just pent up demand that is reviving economy: FM
Sat, Dec 05, 2020     Source : Economic Times
Finance Minister Nirmala Sitharaman on Friday said the economy reflating at a rate faster than previously expected is not just due to pent up demand but also because of additional demand coming in, and the...
NEWS
RBI leans towards economic growth, keeps policy rates unchanged at 4%
Sat, Dec 05, 2020     Source : Business Standard
The rate pause was on expected lines, and all the six members on the Monetary Policy Committee were unanimous on the matter
NEWS
RBI to come out with digital payment security control directions: Shaktikanta Das
Sat, Dec 05, 2020     Source : Economic Times
RBI Governor Shaktikanta Das on Friday said the central bank will be introducing digital payment security control directions for regulated entities
NEWS
RBI hikes limit for contactless card transactions to Rs.5,000
Sat, Dec 05, 2020     Source : Business Line
In a move that will boost the use of contactless payments, the Reserve Bank of India has proposed to increase the limit for contactless card payments to Rs.5,000 from ?2,000.
NEWS
Gujarat’s renewable energy capacity set to touch 12,000 MW
Sat, Dec 05, 2020     Source : Financial Express
Confirming the development, a senior official in the state energy department said that despite the pandemic, Gujarat has emerged the frontrunner in rooftop solar energy.
NEWS
Stimulus hopes power S&P 500 to record high
Sat, Dec 05, 2020     Source : Economic Times
The S&P 500 jumped to an all-time high on Friday as data showing the slowest jobs growth in six months reinforced expectations for a new fiscal stimulus bill to help revive the economy from its worst downt...
NEWS
You cannot put lakhs in difficulty for hours: RBI governor on HDFC Bank
Sat, Dec 05, 2020     Source : Business Standard
Central bank, which yesterday pulled up HDFC Bank for multiple outages of its digital services, is checking why SBI's YONO application went down.
NEWS
Nifty fails to close above 13,150 but midcap shine
Fri, Dec 04, 2020     Source : Mint
Indian shares markets closed at record highs boosted by sharp gains in top automaker Maruti Suzuki. But sharp losses in HDFC Bank capped gains for the overall markets.
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Will Midcaps outperform Large caps in 2020?
Feb 17 , 2020
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