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Bank of England holds interest rates at record low


Bank of England holds interest rates at record low The decision announced Thursday was widely expected as economists forecast data released next week will show the economy shrank less than expected in the second quarter. #[...]

Click here to Read full Details Sources @ https://www.moneycontrol.com/news/world-news/bankengland-holds-interest-rates-at-record-low_14130881.html

COVID-19 impact: Demand for senior living facilities on the rise


Vandana Ramnani Financial experts are of the opinion that this is an evolving asset class and should be bought closer to the year of retirement #[...]

Click here to Read full Details Sources @ https://www.moneycontrol.com/news/real-estate/covid-19-impact-demand-for-senior-living-facilitiesthe-rise_14130861.html

RBI Monetary Policy: MPC expects headline inflation to remain elevated in Q2 2021


RBI Monetary Policy: MPC expects headline inflation to remain elevated in Q2 2021 Reserve Bank of India’s Monetary Policy Committee kept the repo rate unchanged at 4 percent and maintained the stance as accommodative. #[...]

Click here to Read full Details Sources @ https://www.moneycontrol.com/news/business/rbi-monetary-policy-mpc-expects-headline-inflation-to-remain-elevatedq2-2021_14130841.html

Lebanon blast killed at least 137, injured 5,000: Ministry


Lebanon blast killed at least 137, injured 5,000: Ministry Tuesday#39;s explosion obliterated part of the port and caused damage over a wide radius in the heart of the city, prompting fears the final death toll could yet rise significantly. #[...]

Click here to Read full Details Sources @ https://www.moneycontrol.com/news/world-news/lebanon-blast-killed-at-least-137-injured-5000-ministry_14130801.html

RBI Monetary Policy: MPC keeps repo rate unchanged at 4%


RBI Monetary Policy: MPC keeps repo rate unchanged at 4% The MPC had convened for this three-day meeting on August 4-6. #[...]

Click here to Read full Details Sources @ https://www.moneycontrol.com/news/economy/rbi-monetary-policy-mpc-keeps-repo-rate-unchanged-at-4_14130761.html

France president Emmanuel Macron leaves for Lebanon


France president Emmanuel Macron leaves for Lebanon Macron#39;s plane took off just before 0600 GMT and was scheduled to land in the devastated city at around 0900 GMT where the French president was to meet "all political actors" including President Michel Aoun and Prime Minister Hassan Diab. #[...]

Click here to Read full Details Sources @ https://www.moneycontrol.com/news/world-news/france-president-emmanuel-macron-leaves-for-lebanon_14130741.html

Mindspace Business Parks REIT to debut on August 7, issue price set at Rs 275 per share


Mindspace Business Parks REIT to debut on August 7, issue price set at Rs 275 per share Sharad Mittal of Motilal Oswal Real Estate Fund feels from Mindspace, investors can earn a return of 11-12 percent of which 7-8 percent which accrues from rental yield is as stable as debt. #[...]

Click here to Read full Details Sources @ https://www.moneycontrol.com/news/ipo-new-listings/mindspace-business-parks-reit-to-debutaugust-7-issue-price-set-at-rs-275-per-share_14130721.html

Former RBI governor Raghuram Rajan says India needs to look beyond what rating agencies think


Former RBI governor Raghuram Rajan says India needs to look beyond what rating agencies think "It is also important to convince both domestic and international investors that after the crisis associated with the pandemic is over, we will return to fiscal responsibility over the medium term, and the government should do more to convince them of that," Rajan told the Global Markets Forum. #[...]

Click here to Read full Details Sources @ https://www.moneycontrol.com/news/economy/former-rbi-governor-raghuram-rajan-says-india-needs-to-look-beyondrating-agencies-think_14130821.html

2020 Maruti Suzuki S-Cross petrol: Prices and Variants explained


2020 Maruti Suzuki S-Cross petrol: Prices and Variants explained 2020 Maruti Suzuki S-Cross petrol: Prices and Variants explained #[...]

Click here to Read full Details Sources @ https://www.moneycontrol.com/news/wheels/2020-maruti-suzuki-s-cross-petrol-pricesvariants-explained_14130781.html

#39;IT, telecom among 4 sectors that can be considered for portfolio in times of COVID#39;


#39;IT, telecom among 4 sectors that can be considered for portfolio in times of COVID#39; If there is a sharp correction around the results, it may be a good entry point for investors from a medium-term perspective. In terms of events, the markets would continue to track the news flow on the availability of vaccine. #[...]

Click here to Read full Details Sources @ https://www.moneycontrol.com/news/market-outlook/39it-telecom-among-4-sectors-that-can-be-considered-for-portfoliotimescovid39_14130681.html

Steel Strips Wheels bags orders worth $2,09,000 for US market


Steel Strips Wheels bags orders worth $2,09,000 for US market In a regulatory filing, the company said it has bagged "export orders for over 6,000 wheels for the US truck and caravan trailer market to be executed in August from its Chennai plant". #[...]

Click here to Read full Details Sources @ https://www.moneycontrol.com/news/business/steel-strips-wheels-bags-orders-worth-36209000-for-us-market_14130701.html

Sula Vineyards to export wines to Singapore, tap other South-East Asian markets


Sula Vineyards to export wines to Singapore, tap other South-East Asian markets Sula Vineyards has partnered with with food distribution firm Sonnamera to enter the Singapore market. #[...]

Click here to Read full Details Sources @ https://www.moneycontrol.com/news/business/sula-vineyards-to-export-wines-to-singapore-tap-other-south-east-asian-markets_14130601.html

Joe Biden says Donald Trump#39;s China trade deal is #39;failing#39; badly


Joe Biden says Donald Trump#39;s China trade deal is #39;failing#39; badly Commerce Department data showed the U.S.-China trade deficit widened 5% to $28.4 billion in June from the month prior and confirmed that Beijing is falling well short of its commitments to buy U.S. goods. Trump has made closing the imbalance a pillar of his economic diplomacy. #[...]

Click here to Read full Details Sources @ https://www.moneycontrol.com/news/world-news/joe-biden-says-donald-trump39s-china-trade-deal-is-39failing39-badly_14130661.html

India firmly rejects China#39;s attempt to raise Kashmir issue at UNSC


India firmly rejects China#39;s attempt to raise Kashmir issue at UNSC "We have noted that China initiated a discussion in the UN Security Council on issues pertaining to the Indian Union Territory of Jammu Kashmir," the Ministry of External Affairs said in a statement. #[...]

Click here to Read full Details Sources @ https://www.moneycontrol.com/news/current-affairs/india-firmly-rejects-china39s-attempt-to-raise-kashmir-issue-at-unsc_14130621.html

Mangroves destruction to blame for flooding in Mumbai: Experts


Mangroves destruction to blame for flooding in Mumbai: Experts Mangroves absorb excess water but they are being destroyed in Mumbai in the guise of infrastructure development, city-based environmentalist Debi Goenka told PTI. #[...]

Click here to Read full Details Sources @ https://www.moneycontrol.com/news/weather/mangroves-destruction-to-blame-for-floodingmumbai-experts_14130641.html
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