Cheat Sheet

Rupee Ends At Over 8-Month Low Against Dollar: 10 Things To Know

Business | Edited By Abhishek Jejani (with inputs from PTI) | Thursday August 22, 2019

The rupee on Thursday plunged by 26 paise and closed at an over eight-month low. The rupee opened weaker at 71.65 a dollar and touched an intraday low of 71.97 before closing at 71.81 against the American currency, news agency Press Trust of India (PTI) reported. The depreciation in rupee's value came on the back of sharp declines in equity markets...

Gold Prices Extend Record Setting Spree To Third Straight Day

Business | Edited by Abhishek Jejani (With inputs from agencies) | Thursday August 22, 2019

Gold prices rose for the third straight day on Thursday and continued its record-breaking run. Gold price hit a new high of Rs 38,970 per 10 grams, news agency Press Trust of India (PTI) reported. The prices jumped by Rs 150 on the back of a weaker rupee and safe-haven buying from investors due to weak equity markets. Despite sluggish overseas tren...

State Bank Of India Levies These Charges For ATM Withdrawal, Other Services

Business | Edited by Anshul | Thursday August 22, 2019

Commercial lenders such as State Bank of India (SBI) are required to provide a certain number of transactions free of cost to their customers every month under current banking rules. Any additional transactions attract charges depending on factors such as the type and location of ATM. State Bank of India (SBI), the country's largest lender by asset...

Sensex Slumps 587 Points, Nifty Below 10,750 As Markets Hit 6-Month Low

Business | Written by Abhishek Vasudev | Thursday August 22, 2019

The S&P BSE Sensex and NSE Nifty slumped to their lowest levels in around six months on the back of a broad-based selling pressure. Investors are awaiting news on economic stimulus from the government amid a slowdown that has hammered industries including the automotive sector, leading to production cuts and job losses, analysts said. The Sensex fe...

Deadline For Filing Income Tax Return (ITR) Is Just 9 Days Away: 10 Latest Details To Know

Business | Edited by Anshul | Thursday August 22, 2019

The last date for filing of income tax returns for assessment year 2019-20 (financial year 2018-19) is August 31, 2019. Last month, the government extended the original deadline of July 31 by one month, announcing August 31 as the new deadline. That means, those looking to file their income tax return (ITR) without having to bear any penalty charge...

Sensex Slumps Over 300 Points As Selloff In Financial, Metal Stocks Deepens: 10 Things To Know

Business | Edited by Sandeep Singh (with inputs from Reuters) | Thursday August 22, 2019

Domestic stock markets registered sharp losses on Thursday hurt by a selloff across sectors. The S&P BSE Sensex index fell as much as 328.89 points to 36,731.48, and the broader NSE Nifty benchmark moved to an intraday low of 10,813.10, down 105.6 points from the previous close. A selloff in banking, automobile, metal and energy sector stocks deepe...

Sensex Falls Over 150 Points As Financial, Metal Stocks Weigh: 10 Things To Know

Business | Edited by Sandeep Singh | Thursday August 22, 2019

Domestic stock markets started Thursday's session on a lower note, after two days of losses, while Asian peers were largely unmoved amid concerns about the changes of global fiscal stimulus. The S&P BSE Sensex index fell as much as 176.54 points to 36,883.83 in early deals, and the broader NSE Nifty benchmark declined to 10,856.20, down 62.50 point...

Gold Prices At An All-Time High On Increased Demand: 10 Points

Business | Edited by Abhishek Jejani (With inputs from agencies) | Wednesday August 21, 2019

Rising for second day in a row, gold prices registered a new record high on Wednesday. Gold prices rose by Rs 50 to hit an all-time high of Rs 38,820 per 10 gram in Delhi, news agency Press Trust of India (PTI) reported. The rise in gold prices came due to increase in the domestic spot market demand. However, a weak trend in the international marke...

Latest Interest Rates Charged By SBI On Loans, Other Details

Business | Edited by Anshul | Wednesday August 21, 2019

State Bank of India (SBI), the country's largest lender, has announced a slew of offers across different loan categories such as car loans, personal loans, education loans and home loans. The bank said it has waived processing fees on car loans. SBI is offering interest rate starting from 8.70 per cent to customers opting for car loans, the bank sa...

Sensex Falls Over 50 Points, Nifty Slips Below 11,000

Business | Edited by Sandeep Singh | Wednesday August 21, 2019

Domestic stock markets opened on a flat note but soon gave in to the negative territory on Wednesday amid weakness in Asian peers. The S&P BSE Sensex index fell as much as 62.02 points in early trade to 37,265.99, and the broader NSE Nifty benchmark slid to as low as 10,989.85, down 27.15 points from the previous close. Selling pressure in financia...

P Chidambaram Denied Anticipatory Bail, CBI Says Appear Within 2 Hours

India News | Edited by Anindita Sanyal | Wednesday August 21, 2019

Former Union finance minister P Chidambaram's plea for anticipatory bail was turned down on Tuesday by the Delhi High Court, opening up the possibility of his arrest in the INX Media case. Officials of the Central Bureau of Investigation or CBI visited his home this evening and left a notice, asking him to present himself at the agency's office wit...

"Just Because Chidambaram Is MP?" Court Explains Why No Anticipatory Bail

India News | Edited by Jimmy Jacob | Tuesday August 20, 2019

The Delhi High Court today rejected former Union Minister P Chidambaram's request for anticipatory bail, leaving him open to the possibility of being arrested in the INX Media case. The Congress leader's legal team, led by senior advocate Kapil Sibal, is expected to challenge the order in Supreme Court. The court said Mr Chidambaram appears to be t...

Rupee Extends Slide Against Dollar, Ends At Fresh 6-Month Low: 10 Points

Business | Edited By Abhishek Jejani (with inputs from PTI) | Tuesday August 20, 2019

The rupee depreciated for second day in a row and fell 28 paise to close at a new six-month low against the US dollar. In the intraday trade rupee fell to a day's low of 71.80 before settling at 71.71 against the greenback, news agency Press Trust of India (PTI) reported. Investors remained risk averse on the back of slowing economy and outlook on ...

Gold Prices Hit New Record High: 10 Things To Know

Business | Edited by Abhishek Jejani (With inputs from agencies) | Tuesday August 20, 2019

Gold prices on Tuesday touched a new record high of Rs 38,770 per 10 grams in Delhi, news agency Press Trust of India (PTI) reported. Gold prices jumped by Rs 200 despite weak trend overseas as the precious metal gained in the domestic spot market mainly on increase in demand from jewellers, traders said. The yellow metal had touched its previous a...

Sensex Drops Over 250 Points From Day's High, Nifty Near 11,000: 10 Things To Know

Business | Edited by Sandeep Singh | Tuesday August 20, 2019

Domestic stock markets gave up early gains on Tuesday amid a selloff across sectors barring the information technology shares. In the opening deals, the S&P BSE Sensex rose as much as 109 points to move above 37,500, but soon erased gains owing to weakness in heavyweights like ICICI Bank, Reliance Industries, ITC and IndusInd bank. Meanwhile, the b...