Kotak Mahindra Bank reports 12% growth in deposits
On April 3, HDFC Bank also said its deposits grew by 7.4 percent from a quarter before to Rs 11.46 lakh crore. – Stocks-Markets-Economic Times
Month: April 2020
Petrol sales shrink 17.6%, diesel 26% in March as lockdown wipes demand
The only fuel that showed growth was LPG as households rushed to book refills for stocking during the three-week lockdown period – The Hindu – Industry
Lockdown | Pharma raw material, goods worth $1 billion stuck at ports
Pharmexcil appeals to RBI for relaxations in non-fund based limit terms. – The Hindu – Industry
Trade setup: Nifty may try a rebound on Tuesday, but tread very carefully
Nifty50 is likely to see the 8,165 and 8,290 levels act as immediate resistance points. – Stocks-Markets-Economic Times
Infosys COO UB Pravin Rao Takes Over As Nasscom Chairman
Mr Rao, the new Chairman of the body, joined Infosys in 1986, according to the company’s website, and has held a number of senior management roles. He was also made … Read More
Gold Rises More Than 1% As Coronavirus Fuels Global Slowdown Fears
The pandemic has infected more than a million people, killed over 68,000 and prompted countries to extend lockdowns to curb its spread, paralysing large swathes of the global economy. … Read More
Markets Revise Trading Rules, Hours, Circuits As Volatility Spikes: Facts
Global exchanges are changing trading rules to protect their markets from intense volatility and speculative trading. – NDTV Profit – Latest
Gold Imports Slump 73% In March To Lowest In Over 6 Years: Report
In value terms, March imports dropped nearly 63 per cent to $1.22 billion, he added. – NDTV Profit – Latest
Public Provident Fund: From April 1, Interest Rate Cut To 7.1% From 7.9%
PPF Interest Rate: A Public Provident Fund account can be set up at designated branches of post office and commercial banks for a lock-in period of 15 years. – … Read More
While Nifty is deep in the red, these 3 stocks holding head above water
In fact, these stocks have scaled their new highs amid the carnage. – Stocks-Markets-Economic Times