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Indian firms obtained ECB (External Commercial Borrowings) sanctions worth $ 3.5 billion or an estimated Rs 26,000 crore in April-June'2020, show latest RBI data. This is about one-third of the sum - $11.9 billion-they borrowed in the same period a year ago.
Asian shares falter again, poised for first weekly loss since late-SeptMSCI's broadest index of Asia-Pacific shares outside of Japan was last down 0.3%, on track to the end the week 1.3% lower after four straight weeks of gains.
from Stocks-Markets-Economic Times https://ift.tt/2JbpXNg
… Read MoreStocks in the news: Reliance Industries, Vodafone Idea, Dixon, DLF and IndusInd BankTata Chemicals reported a 64 per cent fall in consolidated net profit at Rs 132.09 crore for the quarter ended September.
from Stocks-Markets-Economic Times https://ift.tt/3e7lSVK
… Read MoreApple's late iPhone launch temporarily wiped $100 billion off its stock valueSince 2013, Apple has delivered new iPhones each September like clockwork. But pandemic-induced delays pushed the announcement back a month, with some devices still yet to ship.
from Stocks-Markets-Economic Times https://ift… Read MoreEPFO redeeming ETF investments?If the market continues to be at elevated levels, more redemptions from EPFO are likely. That is not good news for the bluechips.
from Stocks-Markets-Economic Times https://ift.tt/3ea3tIb
… Read MoreWall Street rebounds as market eyes tech results, strong US dataTech companies have seen demand surge for their products and services from people stuck at home during the pandemic. Better-than-expected earnings from Pinterest Inc, which forecast a rebound in ad spending, helped spur the r… Read More
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