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Gold eases from one-month high as dollar firms on coronavirus slowdown hopes

Gold eases from one-month high as dollar firms on coronavirus slowdown hopes

Gold prices eased on Tuesday from a one-month high as the U.S. dollar gained strength on signs of a slowdown…
India’s March gold imports plunge to a new low on record price: Sources

India’s March gold imports plunge to a new low on record price: Sources

Mumbai: India’s gold imports plunged more than 73% year-on-year in March to their lowest in 6-1/2 years as record domestic…
Investor wealth tumbles Rs 4.82 lakh cr in two days as market fall amid COVID-19 outbreak

Investor wealth tumbles Rs 4.82 lakh cr in two days as market fall amid COVID-19 outbreak

New Delhi: Investor wealth tumbled by Rs 4,82,033.63 crore in two days of market fall as rise in COVID-19 cases…
British Airways temporarily lays off 28,000 staff due to coronavirus crisis: Trade Union

British Airways temporarily lays off 28,000 staff due to coronavirus crisis: Trade Union

London: Flagship airline British Airways will temporarily lay off 28,000 employees, or 60 percent of its workforce, due to the…
Business sentiment sinks in to record low March on COVID-19 concerns: PMI

Business sentiment sinks in to record low March on COVID-19 concerns: PMI

The headline seasonally adjusted IHS Markit India Manufacturing PMI fell to 51.8 in March, from 54.5 in February, signalling the…
Coronavirus crisis: SBI defers payment of EMIs by 3 months to ease pressure on customers

Coronavirus crisis: SBI defers payment of EMIs by 3 months to ease pressure on customers

NEW DELHI: In a bid to mitigate the impact of the coronavirus outbreak on businesses and individuals, the State Bank…
Govt may raise part of FY21 market borrowing via gilt ETF: Source

Govt may raise part of FY21 market borrowing via gilt ETF: Source

The finance ministry will detail its Apr-Sep borrowing calendar at 1800 IST. “There have been inter-departmental discussions on the proposal…
ICICI Bank launches banking services on WhatsApp amid coronavirus COVID-19 lockdown

ICICI Bank launches banking services on WhatsApp amid coronavirus COVID-19 lockdown

In an apparent effort to promote social distancing to cub the spread of coronavirus COVID-19 in India, private lender ICICI…
SBI reduces retail term deposit rates by 20-50 bps across tenures

SBI reduces retail term deposit rates by 20-50 bps across tenures

SBI has reduced term deposit rates in view of the adequate liquidity in the system and the additional liquidity measures…
RBI cuts repo rate cut by 75 bps to 4.4%, CRR by 100 bps to 3%: Full statement

RBI cuts repo rate cut by 75 bps to 4.4%, CRR by 100 bps to 3%: Full statement

NEW DELHI: Calling the coronavirus COVID-19 pandemic an ”unprecedented threat and invisible assassin”, the Reserve Bank of India (RBI) on…
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