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News I read on 2nd July
access_time 2020-07-01T19:40:07.986Z face Kundan Kishore
News I read on 2nd July 1) Wall Street opened higher as rising hopes of a Covid-19 vaccine reversed premarket losses, overshadowing fears of another round of lockdowns following a record surge in coronavirus cases in the United States. Ref: Business Standard 2) Indian fuel demand rose in June compar...
News I read on 1st July
access_time 2020-06-30T19:01:23.794Z face Kundan Kishore
News I read on 1st July 1) Despite COVID-19 severely hampering economic activity in the last three months, the April-June period saw the Indian stock markets clock their best quarterly gains since the September quarter of 2009. Ref: Livemint 2) India’s eight infrastructure sectors contracted sharply...
News I read on 30th June
access_time 2020-06-29T19:30:16.607Z face Kundan Kishore
News I read on 30th June 1) Quarter 4 - A Loss-making quarter for most of the Indian Companies, despite just seven days of lockdown. Ref: Business Standard 2) The Reserve Bank of India (RBI) will be conducting a buy and sell open market operations (OMO) in bonds worth Rs 10,000 crore on Thursday. Re...
News I read on 29th June
access_time 2020-06-29T02:51:24.152Z face Kundan Kishore
News I read on 29th June 1) Power producers' total outstanding dues owed by distribution firms rose nearly 63 percent to Rs 1.23 trillion in April 2020 over the same month previous year, reflecting stress in the sector. Ref: Business Standard 2) Construction of a large number of real estate projects...
News I read on 26th June
access_time 2020-06-26T02:36:20.518Z face Kundan Kishore
News I read on 26th June 1) Funds parked by Indian individuals and enterprises in Swiss banks, including through India-based branches, fell nearly 6 percent in 2019 to 899 million Swiss francs (Rs 6,625 crore), annual data from Switzerland's central bank showed on Thursday. Ref: Business Standard 2)...