Business Live:

The Nifty and the Sensex have opened the day with Join us as we follow the top business news through the day. 9:30 AM World Bank widens GDP contraction forecast to 9.6% The World Bank expects India’s economy to contract by 9.6% in 2020-21, revising its earlier estimate in June …

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Business Live:

Join us as we follow the top business news through the day. 9:30 AM U.S. charges former Amazon manager and family members with insider trading The Securities and Exchange Commission on Monday charged a former finance manager at Amazon.com, Inc. and two of her family members with insider trading in …

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Business Live: Shares rise as state-run banks gain on capital infusion hopes

The benchmark stock indices have opened with significant gains this morning capitalizing on Friday’s momentum. Join us as we follow the top business news through the day. 10:20 AM Read, compare and decide We are usually at an information disadvantage while buying financial products. This asymmetry of information, as it …

Read moreBusiness Live: Shares rise as state-run banks gain on capital infusion hopes

Markets finally aligning with reality, time to ready your shopping list

Markets witnessed massive selling during the week gone by amid concerns over steep valuations and a tech bubble burst in the US, but by the end of the week, there was a partial rebound. It can be said that the indices across the world are now mean-reverting, and correcting on …

Read moreMarkets finally aligning with reality, time to ready your shopping list

Sensex climbs nearly 400 points in early trade; Nifty above 10,900

Equity benchmark Sensex opened on a strong note and surged nearly 400 points in early trade on Friday as investor sentiments improved amid positive leads from Asian markets and overnight gains on the Wall Street. The 30-share index was trading 395.08 points or 1.08% higher at 36,948.68, and the NSE …

Read moreSensex climbs nearly 400 points in early trade; Nifty above 10,900

Rich families view markets with ‘extreme’ caution: Citigroup

The coronavirus pandemic and the response by governments and central banks have family offices and ultra-wealthy individuals around the world on the defensive, according to a survey from Citigroup Inc.’s private bank. About three-quarters of respondents described their 12-month investment sentiment as “cautious.” That increased to 84% when adding those …

Read moreRich families view markets with ‘extreme’ caution: Citigroup

Nasdaq, S&P 500 edge higher on Amazon boost; Dow under pressure

The S&P 500 and the Nasdaq edged higher on Tuesday, led by a bounce in shares of Amazon.com, while uncertainty over more U.S. fiscal stimulus kept trading in Dow constituents muted. Amazon.com Inc jumped 2.7% after Bernstein upgraded its stock to “outperform”, saying the company will continue to receive a …

Read moreNasdaq, S&P 500 edge higher on Amazon boost; Dow under pressure

Business Live:

Updates from the world of economy, markets, and finance The seasonally adjusted India Services Business Activity Index rose sharply from 34.2 in July to 41.8 in August, the highest since March, before the escalation of the pandemic.   | Photo Credit: PTI Updates from the world of economy, markets, and …

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