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News I read on 23rd July
access_time 2020-07-22T15:39:58.134Z face Kundan Kishore
News I read on 23rd July 1) The S&P 500 and the Dow advanced on Wednesday as signs of another round of government stimulus for the virus-stricken U.S. economy countered worries over worsening ties between the United States and China. Ref: Reuters 2) Gold prices in India rose above the psychologicall...
News I read on 22nd July
access_time 2020-07-21T14:48:02.137Z face Kundan Kishore
News I read on 22nd July 1) The S&P 500 and the Dow indexes rose on Tuesday following a slate of positive earnings reports from top companies and on optimism over an eventual vaccine and fiscal stimulus to revive a pandemic-battered economy. Ref: Reuters 2) Banks have sanctioned loans worth about Rs...
News I read on 21st July
access_time 2020-07-20T19:32:13.708Z face Kundan Kishore
News I read on 21st July 1) Global equity markets rebounded on Monday on optimism the European Union would agree on a recovery fund to help revive regional economies hit by the coronavirus, but worries about the pandemic’s economic and human toll pushed gold prices higher. Ref: Reuters 2) India is l...
News I read on 20th July
access_time 2020-07-19T18:48:35.968Z face Kundan Kishore
News I read on 20th July 1) FPIs remained net sellers in Indian markets in July so far as they pulled out Rs 9,015 crore from equities and debt securities with the surging markets providing profit booking opportunity amid concerns over rising cases of COVID-19. Ref: Financial Express 2) Gold imports...
News I read on 17th July
access_time 2020-07-16T18:56:01.714Z face Kundan Kishore
News I read on 17th July 1) Credit rating agency ICRA on Thursday sharply revised its forecast on the contraction in the Indian Economy to 9.5 percent for 2020-21 from its earlier assessment of five percent. Ref: Business Standard 2) With India’s economic growth sputtering, RBI was expected to maint...