‘₹80,893 cr. loans written off by banks in first half of FY20’
Borrowers continue to be liable for repayment, says Thakur – The Hindu – Economy
Month: December 2019
Oil steadies after brief slide on Trump’s U.S-China trade comments
Oil steadied on Tuesday, as expections of output cuts from OPEC and allied producers brought prices back up after they slid briefly following comments from U.S. President Donald Trump that … Read More
Over 92,000 BSNL, MTNL employees opt for voluntary retirement
While a total of 78,569 BSNL employees have opted for the scheme, the number for MTNL stood at 14,387 employees. – The Hindu – Industry
France fights back over U.S. tariff threat to Champagne, cheese
France and the European Union said on Tuesday they were ready to retaliate if U.S. President Donald Trump acted on a threat to impose duties of up to 100% on … Read More
UniCredit offers investors $2.2 billion buyback as staff face further cuts
UniCredit promised 8 billion euros ($9 billion) in dividends and share buybacks on Tuesday in a bid to revive its sickly share price, although profit at Italy’s top bank will … Read More
Global Markets: Fear of expanding trade war sinks global equities; bonds rally
Signs that a deal to end the trade war between the United States and China might not come until after the November 2020 elections weighed on global equity markets Tuesday … Read More
Trade setup: Outlook positive as long as Nifty stays above 11,974
Wednesday’s session is likely to see 12,065 and 12,130 levels act as resistance points. – Stocks-Markets-Economic Times
S&P reaffirms India’s rating at ‘BBB-‘
S&P has stated that economy continues to achieve impressive long-term growth rates, says Atanu Chakraborty said – Stocks-Markets-Economic Times
Wall Street tumbles at open as Trump signals delay in China trade deal
The Dow Jones Industrial Average fell 281.06 points, or 1.01%, at the open to 27,501.98. – Stocks-Markets-Economic Times
China’s Xiaomi launches online lending service in India
Chinese smartphone maker Xiaomi Corp launched its online lending service in India on Tuesday, widening its offering of financial products in one of the world’s biggest web services markets. … Read More