COVID-19 Has Exposed Weakness Of Financial Systems, Says Nobel Laureate
Speaking to Congress leader Rahul Gandhi, Nobel laureate Muhammad Yunus advocated for a system that to create space for the informal and rural economy – NDTV Profit – Latest
Month: July 2020
Nikkei posts worst week in nearly 4 months as Covid-19 resurgence looms
The index was down 4.58 per cent for the week, the worst since early April. – Stocks-Markets-Economic Times
Nokia, BNP earnings prop European stocks as growth worries linger
The pan-European STOXX 600 was on course to end the month flat-to-lower after weak economic data. – Stocks-Markets-Economic Times
After 140% breakneck rally, RIL set to cool off on Q1 miss, say analysts
“RIL results were pretty okay, but there was nothing to write home about. There was no announcement on any strategic activity for Reliance Retail. Expect the stock to cool off … Read More
Torrent Pharma Q1 results: Firm’s shares surge 13%
Shares of Torrent Pharmaceuticals rallied 13 per cent on Friday after the company reported a 48.61 per cent rise in its consolidated net profit for the quarter ended June 30, … Read More
Australia shares drop for second week as Covid-19 cases rise, U.S. data disappoints
The country recorded its deadliest day of the coronavirus pandemic on Thursday with 14 deaths, taking total fatalities from the virus to 190. – Stocks-Markets-Economic Times
Reliance Power, JERA ink loan agreement with banks for new power plant in Bangladesh
Reliance Power said on Friday that it has signed a loan agreement, along with Japanese utility JERA, for $642 million with a group of lenders for their 745 megawatt gas-based … Read More
Tata Capital to invest ₹225 cr. in Biocon Biologics for 0.85% stake
Deal values Biocon Biologics an equity valuation of $3.5 billion. – The Hindu – Industry
Domestic Gold Futures Jump Over 1%, Near All-Time High
Typically, any sign of uncertainty in the financial markets boosts the appeal of gold as a safe-haven bet, as investors rush away from riskier asset classes. – NDTV Profit … Read More
Diesel Rate Cut In Delhi; Petrol, Diesel Rates Unchanged In Other Metros
Currently, oil marketing companies review domestic petrol and diesel prices on a daily basis, and implement any changes with effect from 6 am every day. – NDTV Profit – … Read More