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International Flights To US, France To Resume This Month Through 'Air Bubbles'
On Thursday, Civil Aviation Minister Hardeep Singh Puri said that India has established individual bilateral 'air bubbles' with France and the US that will allow airlines of these countries to operate flights. Air bridges or air bubbles would be the way

Jet Fuel Prices Raised For The Fourth Straight Time
On Thursday, jet fuel or ATF (Aviation Turbine Fuel) price was hiked by 1.5 percent, the fourth increase in six weeks, while petrol and diesel rates were left unchanged. ATF price was hiked by Rs 635.47 per kilolitre (kl), or 1.5

Vodafone Cracks Up To 17% Ahead Of Tribunal Hearing On Premium Plans Issue
Shares in Vodafone Idea tumbled as much as 17% in trade on Thursday (July 16, 2020) after reports suggested that the beleaguered telecom company is in for a long battle on the premium plans issue as Jio has appealed to the

Amazon India Products To Display \"Country Of Origin\" By 10 Aug: Report
Amazon India has reportedly asked its sellers to disclose the 'country of origin' of new and existing product listings by 10 August in an email. The report further citing the email said that the e-commerce company has also warned its sellers

Nifty Ends 122 Points Higher As Infy Surges
Benchmark indices rallied sharply in trade today, led by solid gains in Infosys, which surged almost 10 per cent in trade. The Nifty ended the day higher by 122 points to end the day at 10,739 points. The Nifty IT index

Non-Financial Cos In Asia-Pacific To Feel COVID-19 Led Recession Pressure: Moody's
On Thursday, Moody's Investors Service said that the coronavirus-triggered global recession will continue to put pressure on non-financial companies in Asia-Pacific, and negative credit trends will persist through the rest of 2020. The credit rating agency said that although

Nifty IT Index Hits New All-Time High: What's Driving Rally In IT Stocks?
The Q1 earnings seasons have begun with the release of financial results by some of the major giants engaged in the business of information technology (IT). Stocks of these companies have rallied in the last few days causing the Nifty IT

India’s Corporate Debt At 8-year Low: Motilal Oswal Institutional Equities
India's corporate debt was at an 8-year low in FY20, while real credit declined for the first time in two decades in 4QFY20, Motilal Oswal Institutional Equities said in a report. "Banks' total lending grew 6.4 per cent, year-on-year in Mar'20,

IT Stocks Hit 52-Week High For The Second Day; Nifty IT Up 4%
On global gains in stock market on likely announcement on the Covid 19 vaccine, Indian markets too gained in early trade led by gains by IT stock. Nifty IT index is up for the second day with gains of as much

Infosys Shares Jump 15% To Hit New All-Time High After Q1 Results
On Thursday, shares of Infosys Limited surged as much as 14.98 percent to a new all-time high of Rs 955.50 apiece on NSE. The rally is a reaction to the IT giant's first quarterly results for the financial year 2020-21, wherein

China's Economy Recovers From COVID-19, Reports 3.2% Growth For June Qtr
On Thursday, China reported a 3.2 percent growth in GDP (gross domestic product) in the second quarter of 2020, when compared to the same period a year ago. The news comes as lockdown measures to contain the coronavirus outbreak in the

Rupee Opens Lower At 75.22 Per US Dollar
Rupee in Thursday's trade (July 16, 2020) opens lower at 75.22 in comparison to previous close of 75.15 per levels. This is even as the dollar has softened. The yield on 10-year government bond stood at 5.8130%. Oil prices

Pension Rules Changed For Armed Forces Personnel
On Wednesday, the defence ministry in a statement said that the government has decided to allow Invalid Pension to Armed Forces Personnel with less than 10 years of qualifying service. "Invalid pension is granted to the Armed Forces Personnel who is

Sensex Trades Higher, Infosys Surges Following Results
Benchmark indices opened the day higher in trade, following strong gains in IT major Infosys. Reliance Industries which had witnessed selling pressure on Wednesday continued to trend lower. The Sensex was trading with gains of 130 despite weak cues from across

Gold Prices Fall; Silver Falls Below Rs. 53000/Kg
In India, gold prices inched lower by a tad to Rs. 49137, even as the dollar weakened. Silver in line also headed lower falling below Rs. 53000 per kg levels even as the white metal has the potential to surpass gains


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