Asian markets that traded mixed earlier, retreated to bullish momentum by the afternoon session today, as market participants awaited the outcome from the Federal Reserve concluding its two-day policy meeting on Wednesday.

Addressing the FICCI National Executive Committee Meetingm, RBI Governor Shaktikanta Das expressed that the GDP data for the first quarter (Q1) of FY21 was a telling reflection of the \"ravages of the COVID-19\"

The local unit opened at 73.70 at the interbank forex market, falling 7 paise over its last close, but soon pared the losses and was trading at 73.64, unchanged from its previous closing

Gold, Silver prices today:  On the Multi Commodity Exchange, Gold October Futures gained Rs 166 at Rs 51,935, after hitting an intraday high of Rs 51,943 against the previous close of Rs 51,769 per 10 gm.

Knight Frank India CMD Shishir Baijal says residential sector has been impacted by low demand across most markets in India and thatcoronavirus-induced slowdowns have adversely affected sectors and homebuyers' buying power

India Stock Market Highlights Today: M&M, followed by Bajaj Auto, Maruti, L&T, Tata Steel, UltraTech Cement and Nestle India were among the top gainers on Sensex pack today. On the other hand, HCL Tech, Axis Bank, ICICI Bank, Bajaj Finance and SBI were among the laggards

Forex traders said news related to coronavirus vaccine and sustained foreign fund inflows also aided to gains in the local unit

Gold, Silver prices today: Commodity analysts said traders are awaiting the outcome from the US central bank's two-day policy meeting, scheduled on September 15-16.

India Stock Market Highlights Today: Titan, followed by Sun Pharma, HDFC, ICICI Bank, Bajaj Finance, NTPC, HDFC Bank and M&M were among the major gainers on Sensex pack today. On the other hand, Tech Mahindra, HCL Tech, Kotak Bank, ITC and Bharti Airtel were among the laggards

SBI report said that providing fiscal stimulus is the most effective solution in the current pandemic and it should be immediately provided in line with other countries

Once again retail inflation remained above Reserve Bank of India's medium term target of 4-6 per cent, which means a rate cut is not likely to happen in the next monetary policy meet

The annual rate of inflation, based on monthly WPI (wholesale price inflation) was pegged rising at 0.16 per cent in August 2020, as compared to 1.17 per cent during the corresponding month of the previous year

'Will volunteer to take COVID-19 vaccine first to end trust deficit': Harsh VardhanUnion Health Minister Harsh Vardhan on Sunday said that he will be the first person to take COVID-19 vaccine so as to dispel the \"trust deficit\" around the same. In an interaction on social media, Vardhan said that even as no date has been fixed for the launch of the coronavirus vaccine, it may be ready by the first quarter of 2021. He also said that the vaccine will be given first to the people who need it ...

India Stock Market Highlights Today: HUL, Asian Paints, Maruti, Bajaj Auto and Nestle India were among the laggards. On the other hand, HCL Tech, followed by Tech Mahindra, HDFC duo, Reliance Industries, TCS, SBI and IndusInd Bank were among the top gainers today.

There are fears that retail inflation would remain at an elevated level during the rest of the year limiting the scope for the RBI to further ease the benchmark interest rate

Retail inflation so far has been in the tolerance range of MPC except for breach in July. In June, retail inflation was 6.09 per cent.  At the same time, WPI inflation in June was at (-) 1.81 per cent, while for the month of May and April it was (-) 3.37 per cent and (-) 1.57 per cent respectively

Referring to FM Nirmala Sitharaman's observations that the the current COVID-19 induced economic crisis was an act of God, Congress said \"this is the only government in the past 73 years which blames 'God' for its own frauds and bluster\"

The RBI's earning from Rs 35.40 lakh crore of forex reserves is just 2.65 per cent as revealed in the annual report 2019-20

Gold, Silver prices today: Investors were optimistic on the US Federal Reserve's new strategy to adopt an average inflation target and restore full employment in the United States.

Medical insurance will come in handy in emergencies, prevent outflow of personal wealth