by pallanus | Jun 22, 2020 | Business News
The Finance Ministry has put out data on loans disbursed under the Rs 3 lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector, hit hard by the coronavirus-induced lockdown. According to ministry data, cumulatively public and private sector...
by pallanus | Jun 22, 2020 | Business News
Indian shares closed at a three-month high on Monday as domestic regulatory approvals to manufacture COVID-19 drugs lifted pharmaceutical stocks, outweighing the impact of a surge in domestic as well as global coronavirus cases over the weekend. The NSE Nifty 50...
by pallanus | Jun 22, 2020 | Business News
Gold jumped to its highest in more than a month on Monday as investors sought the safe-haven metal after surging coronavirus cases intensified concerns over a delay in global economic recovery. Spot gold was up 0.5% at $1,751.63 per ounce by 0650 GMT after hitting its...
by pallanus | Jun 22, 2020 | Business News
After a brutal sell-off earlier this year, share prices had risen globally over the past three months, helped by massive stimulus around the world and hopes the worst of the pandemic was over. Global stock market sentiments remain mixed as growing fears about a second...
by pallanus | Jun 22, 2020 | Business News
Oil prices slid on Monday as concern grew that a record rise in coronavirus infections worldwide could stall a recovery in fuel demand, outweighing tighter supplies from major producers. Brent crude fell 10 cents, or 0.2%, to $42.04 a barrel by 0655 GMT, while U.S....
