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BusinessToday.In
October 12, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


BusinessToday.In
October 12, 2020
As per the IIP data released by the government, manufacturing sector output fell by 8.6 per cent, while the output of mining and power segments slipped by 9.8 per cent and 1.8 per cent, respectively


BusinessToday.In
October 12, 2020
Retail inflation jumped to 7.34 per cent in September, mainly on account of higher food prices, official data showed on Monday


Rupa Burman Roy
October 12, 2020
Gold, Silver prices today: Gold has gained 27% so far this year as major central bankers have called for renewed government spending to recover major economies from the coronavirus pandemic-induced recession


BusinessToday.In
October 9, 2020
The economists at SBI believe that India's GDP will remain in negative territory in all the four quarters of FY21 and any positive growth will be seen only in FY22


PTI
October 9, 2020
The RBI has kept the retail inflation target of 4 per cent with a bias of plus/minus 2 per cent


Anand Adhikari
October 9, 2020
While high inflation was a major stumbling block for the monetary policy committee (MPC) to reduce the repo rate, the Governor expects retail inflation or CPI to come closer to the targeted level by the fourth quarter


BusinessToday.In
October 9, 2020
MPC meet today: Experts believe the policy rates are likely to remain unchanged, primarily due to high inflation levels for over five months now; RBI's panel to also give guidance on India's economic performance amid the coronavirus pandemic in India


BusinessToday.In
October 9, 2020
Stock Market News Updates Today:Tata Steel, followed by Bharti Airtel, L&T, M&M, Bajaj Finance and HDFC were among the top gainers today. On the other hand, HUL, Reliance Industries, TCS, Nestle India and Tech Mahindra were among the top laggards


Rupa Burman Roy
October 8, 2020
Gold, Silver prices today: Spot gold was steady at $1,884.64 per ounce, after rising 1.1% in the previous session. US gold futures were down 0.22% at $1,887


Rupa Burman Roy
October 7, 2020
Gold, Silver prices today: Overseas, gold futures traded near a one-week low hit in the previous session after President Trump halted negotiations with the US Congress on a large coronavirus stimulus bill


BusinessToday.In
October 7, 2020
India Stock Market Highlights Today: Titan, ONGC, Bajaj Auto, Maruti, Reliance Industries, HUL and UltraTech Cement were among the top gainers. On the other hand, Bajaj Finance, followed by Bajaj Finserv, IndusInd Bank, ICICI Bank, Kotak Bank and Axis Bank were among the top losers today


BusinessToday.In
October 6, 2020
The next meeting of the RBI's monetary Policy Committee (MPC) is scheduled during October 7 to October 9, 2020


Rupa Burman Roy
October 5, 2020
Gold, Silver prices today: Overseas, Spot gold was trading flat at $1,896.21 per ounce and U.S. gold futures were down 0.3% at $1,902, while Comex gold was trading 0.44% lower at $1,891 per ounce


BusinessToday.In
October 1, 2020
Gold, Silver prices today: Gold has risen over 25% this year, supported by unparalleled monetary stimulus from major central banks across the globe to revive the coronavirus induced economic downturn


Rupa Burman Roy
September 30, 2020
Gold, Silver prices today: Overseas, Spot gold fell 0.5% to $1,889.66 per ounce, after hitting a one-week high of $1,899.12 earlier in the session. U.S. gold futures were down 0.4% at $1,895.40, while Comex gold was trading 0.20% lower at $1,890 per ounce.


Dipak Mondal
New Delhi, September 30, 2020
The economy has been going through a phase of stagflation. Here is what this means


Rupa Burman Roy
September 29, 2020
Gold, Silver prices today: Global rates of the bullion metal gained marginally as US dollar retreated from a two-month high of 94.745 reached last week, making gold cheaper for holders of other currencies


Anand Adhikari
New Delhi, September 29, 2020
The government and the RBI need to work in tandem to have a comprehensive inflation strategy for the medium term to reduce any adverse impact of pandemic which is still raging in India. At a time when the RBI has no option but to keep interest rate low and infuse liquidity, the retail inflation poses a big danger. The retail inflation or the consumer Price index has been over 6 per cent plus for the fifth month in a row, which is above the RBI's tolerance limit. This steep rise in inflation is a bit puzzling when there is a widespread demand destruction post the Covid lockdown. While food prices , which have over half the share in the CPI basket , is the main culprit , the inflationary expectations in the economy are also on the rise. A large government borrowing programme and a likely debt monetisation would also add fuel to inflation fire.  Watch the video as Anand Adhikari, Executive Editor, Business Today, explains the strategy the country needs to adopt. Also Read: Get ready for 'restructured' tag in credit report for loan reset


PTI
September 28, 2020
The six-member Monetary Policy Committee (MPC) headed by RBI Governor is scheduled to meet for three days starting September 29


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