Gold Price Eases To Rs 50,183, Silver Near Rs 60,530 As Global Rates Fall
Gold And Silver Rate Today: MCX gold futures dropped by Rs 469 to Rs 50,183, whereas silver futures slumped to as low as Rs 60,530, Rs 1,936 lower compared to … Read More
Month: September 2020
Current Account Surplus At Record High In June Quarter: RBI Data
The surplus stood at 3.9 per cent of gross domestic product (GDP) in the latest quarter, compared with a deficit of $15 billion or 2.1 per cent in the same … Read More
Government Faces Ballooning Fiscal Deficit As Coronavirus Hits Taxes
Net tax receipts in the five months through August declined by about 30 per cent year on year to Rs 2.84 lakh crore, even though fuel taxes rose. – … Read More
Government Retains Full-Year Borrowing Target
The government will complete the borrowing process for the second half in 16 weekly tranches of Rs 27,000-28,000 crore concluding in the last week of January, he said. – … Read More
Crude Oil Extends Losses As Rising COVID-19 Cases Spur Demand Concerns
The November Brent contract expires today, to be replaced by the December contract, which was down around 0.5 per cent at $41.36. – NDTV Profit – Latest
Govt extends I-T returns deadline to Nov. 30
The government has extended the last date for filing income tax returns for assessment year 2019-20 by another two months till November 30, 2020, citi – The Hindu – … Read More
PPF, Other Small Savings Scheme Rates Unchanged In December Quarter
This means existing interest rates will apply on small savings schemes – such as the Public Provident Fund (PPF) – in the quarter ending December 31. – NDTV Profit … Read More
Infrastructure Output Shrinks 8.5% In August
Infrastructure production is determined by taking into account activity in eight sectors including coal, crude oil and electricity. – NDTV Profit – Latest
F&O: Bulls, bears in tug of war; Nifty undertone is rangebound
Nifty has to continue to hold above 11,180 level to witness a further upmove towards 11,333 and then 11,450 level while on the downside major supports seen at 11,111 and … Read More
Tech View: Nifty50 forms Doji candle, breaching 11,300 a challenge
Nifty50 formed a Doji candle, but respected its 50-day EMA. The formation of higher lows on a daily scalenindicates a bullish to range-bound undertone. – Stocks-Markets-Economic Times