Coal India’s coal production in June 2021 increased 2 per cent YoY to 40 million tonnes The domestic stock markets are likely to open on a cautious note due to mixed global trends. Asian markets are mixed in early trading and trends on SGX Nifty indicate a cautious opening for …
Read More »Petrol Prices Hiked Across Metros On Friday, Diesel Unchanged
Fuel Prices: Domestic petrol and diesel prices vary across states due to value added tax (VAT). Petrol, Diesel Price Today: Petrol prices have been hiked across the metros after a gap of two days, on Friday, July 2, according to data from the Indian Oil Corporation (IOC). In Delhi, petrol prices …
Read More »Sensex, Nifty Set To Have A Cautious Start
At 7:30 am, the Nifty futures were trading higher by 9 points on Singapore Stock Exchange The domestic stock markets are likely to open on a cautious note due to mixed global trends. Asian markets are mixed in early trading and trends on SGX Nifty indicate a cautious opening for …
Read More »Bharti Airtel Deploys Additional 21.6 Mhz Spectrum In Bengal, 900 MHz In Himachal
In Himachal, the additional spectrum is deployed to deliver an improved indoor network experience In a bid to strengthen its mobile network in more states across the country, telecom giant Bharti Airtel recently deployed an additional 21.6 Mhz spectrum in West Bengal and 9.6 MHz in 900 MHz spectrum band …
Read More »State Bank Of India (SBI) Launches 360 Dedicated Current Account Service Points Nationally: Details Here
Shares of SBI settled 0.27 per cent higher at Rs 420.40 apiece on the BSE. State Bank of India (SBI) launched a dedicated counter across its 360 selected branches to cater to the current account customers, according to a statement shared by the country’s largest lender on Thursday, July 1. The dedicated counter is being called the …
Read More »Oil Climbs While OPEC+ Considers Output Increase
OPEC+ is moving towards adding about 2 million barrels per day (bpd) of oil this year Oil rose almost $2 on Thursday, supported by the prospect of strengthening demand, lower U.S. stocks and a Reuters report that OPEC+ producers could increase output in the coming months. Brent crude gained $1.86, …
Read More »Banks’ Buffers Strong Enough To Withstand Future Shocks, Gross NPAs To Rise
RBI said that banks have strong enough capital and liquidity buffers to withstand future shocks Banks have strong enough capital and liquidity buffers to withstand future shocks as the impact of the pandemic on their balance sheets has not been as severe as projected earlier, a report from the Reserve …
Read More »Economic Activity Recovering Since Late-May, Rising Cyber Attacks A Risk: RBI Governor Shaktikanta Das
The gross non-performing assets of banks have been stable at 7.5 per cent in March 2021 The second wave of the pandemic took a “grievous toll” on India, but the dented economic activity has started recovering from late-May, Reserve Bank Governor Shaktikanta Das said on Thursday. In a first, Das …
Read More »Goods and Services (GST) Council Special Session To Be Convened To Discuss Compensation-Related Matters: Nirmala Sitharaman
A special GST Council session will be convened soon, according to the Finance Minister Union Finance Minister Nirmala Sitharaman on Thursday said a special session of the GST Council will be held soon to discuss all compensation-related issues. She also said that the flow of COVID-19 vaccination across the country …
Read More »Rupee Over 2-Month low, Depreciates For 3rd Straight Session, Plunges To 74.55 Against Dollar
Rupee Vs Dollar Today: The rupee settled at 74.55 against the dollar Declining for the third straight session and recording its weakest level in over two months, the rupee fell 23 paise against the US dollar on Thursday, July 1, to settle at 74.55 (provisional) amid broader American currency and muted …
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