BUSINESS

India’s exports fall 5.12 pc to USD 24.89 bn in Oct

7:01 pm November 13, 2020

New Delhi: India‘s exports fell 5.12 per cent to USD 24.89 billion in October after recording positive growth in September, on account of drop in shipments of petroleum products, gems and jewellery, leather and engineering goods, according to government data released on Friday. Trade deficit in October narrowed to USD 8.71 billion as against USD […]

Wall Street scuffles as worsening pandemic slows its rally

10:29 pm November 12, 2020

New York: U.S. stocks are scuffling Thursday amid worries about worsening coronavirus counts across the country. The S&P 500 was 0.2% lower in morning trading, a rare stumble in what’s been a banner month for the benchmark index. The Dow Jones Industrial Average was down 109 points, or 0.4%, at 28,288, as of 10:40 a.m. […]

Financial package continues govt’s efforts to help all sections of society: PM

10:07 pm November 12, 2020

New Delhi: Prime Minister Narendra Modi has asserted that the “Aatmanirbhar Bharat” package announced on Thursday continues his government’s efforts to help all sections of society. In a tweet, he said these initiatives will help create jobs, alleviate the stressed sectors, ensure liquidity, boost manufacturing, energise the real estate sector and support farmers. Finance Minister […]

Gold, silver fall marginally

6:36 pm November 12, 2020

New Delhi: Gold prices were marginally down by Rs 81 to Rs 50,057 per 10 gram on Thursday, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 50,138 per 10 gram. Silver also witnessed muted trend as it slipped marginally by Rs 4 to Rs 62,037 per kg, from […]

CBI searches many locations in two bank fraud cases

9:07 pm November 11, 2020

New Delhi: The CBI on Wednesday carried out searches at multiple locations in two separate cases pertaining to alleged bank fraud, officials said. The CBI has booked a co-operative society — Surat Mandvi Vibhag Sahkari Krishi Udyog Mandli Ltd — and its then 17 office bearers/Directors for allegedly cheating the Union Bank of India during […]