Business

Gold jumped over 1% on Friday en route to a second straight weekly gain, as the dollar weakened and renewed negotiations for U.S. stimulus prompted investors to buy bullion as a hedge against inflation.

Indian shares edged higher on Friday after the country's central bank kept interest rates unchanged in the face of stubbornly high inflation, while also retaining its "accommodative" monetary policy stance.

Asian shares were set to track Wall Street gains on Friday as revived hopes for a U.S. stimulus deal helped investors overlook weakerthanexpected jobs data and growing global coronavirus cases.

Wall Street's main indexes rose on Thursday as U.S. President Donald Trump signaled progress in negotiations around new fiscal stimulus, while data showed jobless claims remained stubbornly high last week.

Morgan Stanley is buying the investment management firm Eaton Vance in a deal valued at about $7 billion.

he Ministry of Road Transport and Highways (MoRTH) in a statement said it has enhanced the allocation of funds for expenditure under SARDP-NE related works during the current financial year and under the revised allocation, almost double the amount origin...

These firms include auto component makers Lumax Industries and Sandhar Technologies, edtech firms Upgrad and Toppr, construction equipment giant TIL, interior design and home decor company Livspace, engineering major Forbes Marshall and Deki Electronics.

Chevron Corp employees worldwide are being asked to reapply for positions as part of a costcutting program expected to eliminate up to 15% of its workforce, people familiar with the matter said.

Asian shares were set to track Wall Street gains on Thursday, as renewed hopes for more U.S. stimulus helped restore investor confidence in the New York session.

U.S. stocks closed sharply higher on Wednesday as investors regained optimism that at least a partial deal on more U.S. fiscal stimulus may happen.

Wall Street advanced in a broad rally on Wednesday as investors recovered from the shock of President Donald Trump's announcement that he intended to halt stimulus talks until after the election, taking heart that incremental aid could be in the offing.

In August, RBI allowed a one-time restructuring scheme for personal loan and corporate borrowers affected by COVID-19 stress. He said requests for one-time restructuring at the bank are within the manageable limits.

Around Rs 35,000 crore will be shelled out for buying 125 lakh bales of cotton at MSP this year. Even pulses and oilseeds are being procured at the respective MSPs, it said.

Singapore's central bank will issue its monetary policy decision on Oct. 14, according to its updated calendar on Wednesday.

Oil prices slipped on Wednesday after U.S. President Donald Trump dashed hopes for a fourth stimulus package to boost the coronavirushit economy and on a largerthanexpected buildup in U.S. crude stocks.

Netflix Inc is facing a criminal charge in a Texas county for promoting lewd visuals of a child in the French film "Cuties", Texas representative Matt Schaefer said in a tweet https://twitter.com/RepMattSchaefer/status/1313517817942212608/photo/1 on Tues...