Business

July 11, 2020 10:03 AM

Union Bank of India reduces MCLR by 20 basis points across tenors

State-owned Union Bank of India has announced reduction in its marginal cost of funds-based lending rate - MCLR by 20 basis points across tenors. The new rates will be applicable from today. The revised one-year MCLR stands at 7.40 percent as against 7.60 percent earlier.   The three-month and six-m...

July 10, 2020 5:01 PM

Sensex closes 143 points down, Nifty settles at 10,768

Benchmark domestic stocks today fell around 0.4 per cent amid weak Asian market cues. Sensex at Bombay Stock Exchange closed 143 points, or 0.39 per cent, down at 36,594. Similarly, the Nifty at National Stock Exchange slipped 45 points, or 0.42 per cent, to settle at 10,768. Broader indices at BSE ...

July 10, 2020 2:01 PM

SAIL records highest ever monthly sales and exports in June

Public sector enterprise Steel Authority of India Limited  (SAIL) has shown impressive performance in the month of June under Atmanirbhar Bharat Project. SAIL has achieved the highest ever June month sales during last month. The domestic and export sales stood at 12.77 Lakh tonnes which is a jump of...

July 9, 2020 9:15 PM

States, UTs lift 6.39 lakh tonnes of food grains: Govt

Government today said that states and Union Territories have lifted six lakh 39 thousand tonnes of food grains and distributed to migrant labourers under the Atma Nirbhar Bharat Package.   Briefing media through Video Conference, Consumer Affairs Minister Ram Vilas Paswan said, States and UTs have d...

July 9, 2020 9:07 PM

ED attaches assets worth Rs. 2,203 crore in Yes Bank case

Enforcement Directorate has attached assets to the tune of 2203 crore rupees in the Yes Bank case. These assets belong to Rana Kapoor, Kapil Wadhawan and Dheeraj Wadhawan and the entities controlled by them. The attached assets include immovable properties in India and abroad, bank accounts, investm...

July 9, 2020 6:41 PM

Rupee ends at 74.99 against US Dollar

The rupee today pared some of its initial gains and settled three paise higher at 74 rupees and 99 paise against the US dollar tracking weakness in the greenback and gains in the domestic equity market.   Forex traders said, positive domestic equities and weak US currency supported the local unit, w...

July 9, 2020 9:52 AM

Oil prices dip as US coronavirus spike stokes demand worries

Oil prices today dipped as industry data showing a build in U.S. crude stockpile added s to worries about oversupply while a surge in coronavirus cases in the United States and other areas cast doubts over a pick-up in fuel demand. In intra-day trade, Brent crude prices were trading at 43 dollars pe...

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