Business
Gold Price Moves Up by Rs 10 to Reach Rs 51,340, Here is How Much it Costs in Major Cities
According to Good Returns, the price of 24 carat of the yellow metal in Delhi stands at Rs 54,720, while it comes for Rs 51,340 and Rs 53,860 in Mumbai and Chennai. In Kolkata and Bengaluru, gold prices are Rs 53,400 and Rs 53,330.
U.S. Corporate Board Diversity Lags As Few Minority Executives Get Top Jobs - Study
Publicly traded U.S. companies have been slow to add minority directors over the past five years even as women grabbed a greater share of board seats during that period, a comprehensive study to be released on Monday shows.
Oil Prices Slip On Potential Return Of Libyan Output; Gulf Storm Supports
Oil prices fell on Monday on the potential return of output from Libya as rising coronavirus cases also added to worries about global demand, although a tropical storm heading for the U.S. Gulf of Mexico limited losses.
This Week: Home Sales, Costco Earns, Durable Goods Orders
A look at some of the key business events and economic indicators upcoming this week:
Sensex, Nifty Muted As Virus Cases Near 5.5 Million; HCL Tech Jumps
Indian shares were muted on Monday as gains in pharma and IT stocks helped offset losses in other sectors, while surging domestic cases of the novel coronavirus and the passage of a contentious farm bill by lawmakers kept investors cautious.
Dollar Clings On, Yen Creeps Higher As Fed Speakers In Focus
The dollar clung to lateweek gains on Monday, while the yen and yuan each edged higher, as investors looked ahead to a slew of U.S. Federal Reserve speakers this week and to a decision on the inclusion of Chinese government bonds in a global index.
Facebook Neutral, Non-partisan, Says India Chief, Defends Handling of Hate Speeches
The comments come amid a political storm over a report published in the Wall Street Journal last month, alleging the social media giant ignored extremist posts by ruling Bharatiya Janata Party leaders in order to protect its business interests in India.
No Decision to Discontinue Printing of Rs 2,000 Note: Finance Ministry
Thakur also informed that as on March 31, 2020, there were 27,398 lakh pieces of Rs 2,000 notes in circulation compared to 32,910 lakh pieces on March 31, 2019.
Singapore Police Probe Firm Owned By Newcastle United Bidders
Singapore police are looking into a complaint from Ernst & Young that a firm owned by bidders for soccer club Newcastle United allegedly used the auditor's unauthorised signatures on financial statements.
U.S. Commerce Chief Defends Help For Airlines, Farmers Amid COVID-19
U.S. Commerce Secretary Wilbur Ross on Friday defended additional government help for industries such as farming and airlines amid the novel coronavirus pandemic, but signaled little further aid for other sectors such as restaurants.
Oil Prices Fall After Haftar Signals Libya Output To Resume
Oil prices edged lower on Friday after Libyan commander Khalifa Haftar said a blockade on Libyan oil exports, which has been in place since January, would be lifted.
Asia Mostly Higher Despite Wall Street Slump, Virus Fears
Asian shares were mostly higher Friday despite some investor attention shifting again to the uncertainties in global economies amid the coronavirus pandemic, as reflected in the overnight fall on Wall Street.
Oil Steady As Crews Return To U.S. Gulf Rigs
Oil prices steadied on Thursday after a decline earlier in the day as production started in the Gulf of Mexico after Hurricane Sally while a drawdown in U.S. crude and gasoline inventories supported the market.
First China Bond ETF In Singapore To Launch Amid Rising Foreign Interest In Yuan Assets
The largest exchangetraded fund to invest purely in Chinese government bonds lists in Singapore next week, the bourse and the fund manager said on Thursday, capitalising on surging interest in the world's secondbiggest bond market.
Global Stocks Falter As Fed Fails To Offer Fresh Cause For Cheer
Stocks fell and the dollar advanced on Thursday after the Federal Reserve pledged to keep interest rates low for a long time but stopped short of offering further stimulus to shore up a battered U.S. economy.
Rupee Tumbles 24 Paise to 73.76 Against US Dollar in Early Trade
On Wednesday, the rupee had strengthened by 12 paise to 73.52 against the US dollar. The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.32 per cent to 93.51.