Business

Economic recovery in country is stronger than expected: RBI Governor

November 27, 2020 8:14 AM

Economic recovery in country is stronger than expected: RBI Governor

Reserve Bank Governor Shaktikanta Das has said that the Indian economy exhibited a stronger than expected pickup in recovery after the first quarter of the current fiscal. Mr Das, however, warned that downside risks to growth continue due to a surge in Covid-19 infections. He was speaking at the ann...

Lakshmi Vilas Bank to operate as customers of DBS Bank India

November 25, 2020 7:44 PM

Lakshmi Vilas Bank to operate as customers of DBS Bank India

Customers, including depositors of the Lakshmi Vilas Bank Ltd will be able to operate their accounts as customers of DBS Bank India  Limited with effect from 27th of this month. The moratorium on Lakshmi Vilas Bank Ltd will cease to be operative from that date.

Energy, industrials prop up Dow; tech mega-caps slide

November 24, 2020 8:11 PM

Energy, industrials prop up Dow; tech mega-caps slide

The blue-chip Dow rose yesterday as hopes of a COVID-19 vaccine fueled demand for economically-sensitive stocks such as energy and industrials. On the other side, a sell-off in technology heavyweights capped gains of the S&P 500 and the Nasdaq.   The Dow Jones Industrial Average climbed 1.1 ...

Gold down by Rs 730 to Rs 48,750 per 10 gram

November 24, 2020 8:08 PM

Gold down by Rs 730 to Rs 48,750 per 10 gram

At Multi Commodity Exchange, in intra-day trade gold was down 730 rupees to 48,750 rupees per 10 gram and silver lost 1035 rupees to 59,490 rupees per kilogram. In intra-day trade, Brent crude prices were trading around 46 dollars and 50 cents per barrel while WTI crude prices were around 43 dollars...

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