Category: Business

On Friday, April 9, gold rates witnessed an increase of Rs 25 as the price of one gram of 22-carat gold stood at Rs 4,455 from Rs 4,430 on the previous day. The price of 10 grams of 22-carat-gold jumped by Rs 250 to stand at Rs 44,550 from the earlier rate of Rs 44,300 […]

People who are planning to visit banks will have to do it today itself as banks will remain closed tomorrow owing to second Saturday. On Monday, banks will be working but will remain shut in most parts of the country from April 13 till 16 due to various festivals. Every year, the Reserve Bank of […]

Equity benchmark Sensex dropped over 150 points in early trade on Friday, tracking losses in index-heavyweights HDFC Bank, ICICI Bank and Reliance Industries amid largely negative cues from global markets. The 30-share BSE index was trading 186.94 points or 0.38 per cent lower at 49,559.27. Similarly, the broader NSE Nifty slipped 44.10 points or 0.30 […]

Outdoor apparel brand Patagonia Inc will pause its ads on Facebook Inc (FB.O) and Facebook’s photo-sharing app, Instagram, making it the latest company to join a boycott campaign organized by U.S. civil rights groups. “We will pull all ads on Facebook and Instagram, effective immediately, through at least the end of July, pending meaningful action […]

The U.S. Supreme Court on Monday placed limits on the Securities and Exchange Commission’s practice of forcing defendants to surrender profits obtained through fraud as part of its enforcement of investor-protection laws in federal courts. The court reaffirmed the agency’s authority to seek disgorgement, a part of its civil enforcement arsenal aimed at passing on […]

The New York Stock Exchange (NYSE) submitted an amended rule change with the U.S. Securities and Exchange Commission (SEC) on Monday in a bid to enable companies that debut on the stock market through a direct listing to raise capital. The move has the potential to transform the market for initial public offerings (IPOs), which […]

Crude oil prices and a gauge of global equity markets edged higher on Monday as lockdowns eased, with the Nasdaq setting a record closing high, but sentiment remained tenuous as coronavirus infections continued to rise. The dollar fell and higher risk currencies, including the Australian dollar, jumped as investors weighed improving economic data against the […]