Thursday, 27 August 2020

Crude Oil Price Steady As US Companies Avoid Worst Of Storm

Brent crude futures for October, set to expire on Friday, rose 2 cents to $45.11 a barrel, heading for a 1.7 per cent weekly gain.

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Spot Gold Recovers Some Ground As Slowdown Fears Persist Amid COVID-19

Rising coronavirus cases has cast a shadow on hopes of quick economic recovery and has prompted central banks to reduce interest rates and loosen their monetary stance, helping gold prices climb 28...

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Defence Shares Rally After PM Modi Calls For Self-Reliance In Production

PM Modi said India's self-reliance on defence capabilities will boost its standing of being a net security provider in the Indian Ocean.

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COVID-19 Crisis: United Airlines Announces Its Biggest Pilot Job Cut Ever

Chicago-based United is more exposed than its peers to international travel, which is expected to take longer to rebound from the pandemic.

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Weakened but still dangerous, Laura to pose continued threat

The remnants of Hurricane Laura are unleashing heavy rain hundreds of miles inland from a path of death and destruction left along the northwest Gulf Coast

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Covid Crisis Makes Predicting India's GDP Growth Harder

Forecasts for GDP in the quarter through June range from a contraction of 15% to a decline of 25.9%, with a median estimate of -19.2%.

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Sensex, Nifty Gain After US Central Bank Policy Shift

At 9:59 am, the Sensex traded 0.46 per cent - or 181.26 points - higher at 39,294.73, while the Nifty was up 0.48 per cent - or 55.45 points - at 11,614.70.

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In A Shift, US Central Bank Rewrites Approach To Inflation, Jobs Market

The policy shift is arguably the biggest for the Fed since Paul Volcker remade the central bank into an inflation-slaying force four decades ago, when prices were spiraling higher.

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Sensex Gains Over 200 Points After US Central Bank's Policy Shift

Federal Reserve Chairman Jerome Powell laid out a policy that aims for 2 per cent inflation on average so that too low a pace would be followed by an effort to lift inflation.

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Kenosha shooting strains tie between Black residents, police

Until the police shooting of Jacob Blake, the bedroom community of Kenosha, Wisconsin, had been largely untouched by the level of demonstrations that were seen in nearby Milwaukee and Chicago after the death of George Floyd

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UN resolution being voted on would cut Lebanon peacekeepers

The U.N. Security Council is voting on a resolution that would extend the mandate of the U.N. peacekeeping mission in southern Lebanon for a year but reduce its troop ceiling from 15,000 to 13,000 in response to U.S. pressure

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Ill. teen charged in Kenosha shooting that killed 2, hurt 1

Prosecutors have charged a 17-year-old from Illinois in the fatal shooting of two protesters in Kenosha, Wisconsin, and the wounding of a third

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SBI Capital Markets Asked To Start Funding 6 Amrapali Group Projects

The top court asked the Centre to consider as a special case and provide the remaining money for construction of other stalled projects from the stress funds created for the real estate sector.

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