Tuesday, 6 April 2021

RBI's Attempt To Flush Excess Dollars Offers Lucrative Trade For Banks

As the biggest buyer of the greenback in the forwards market, the RBI is effectively funding some of the trading profits.

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At Clemson, unmarked slave graves highlight plantation past

Students at Clemson University who found an unkempt graveyard on campus last year sparked the discovery of more than 600 unmarked graves most likely belonging to enslaved Black people, sharecroppers and convicted laborers

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IPL 2021: RCB's Daniel Sams Tests Positive For Coronavirus

IPL 2021: Royal Challengers Bangalore suffered a blow just days before their first IPL game of the season as Daniel Sams tested positive for coronavirus.

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GDP Growth Projection For FY 2021-22 Remains Unchanged At 10.5%: RBI

Meanwhile, the RBI Governor kept the key rates unchanged amid concerns that rising Covid infections could derail the country's nascent economic recovery

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RBI Keeps Key Rates Unchanged, Says Recovery "Uncertainty" Due To Covid

Reserve Bank of India Governor Shaktikanta Das has kept the repo rate unchanged amid a surge in Covid-19 cases and imposition of fresh restrictions to control the rampaging virus.

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RBI Governor Shaktikanta Das Set To Make Monetary Policy Statement

RBI MPC Meet LIVE: RBI Governor Shaktikanta Das will make the Monetary Policy Committee statement at 10:00 am today

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Sensex Gains Over 100 Points Ahead Of Monetary Policy, Nifty Hovers At 14,700

Reserve Bank of India Governor Shaktikanta Das will announce the monetary policy decision, at the end of a scheduled review of the Monetary Policy Committee that began on Monday

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Today in History

Today in History Today is Wednesday, April 7, the 97th day of 2021. There are 268 days left in the year. Today’s Highlight in History: On April 7, 1915, jazz singer-songwriter Billie Holiday, also known as “Lady Day,” was born in Philadelphia. On this date: In 1862, Union forces led by Gen. Ulysses S. Grant defeated the Confederates at the Battle of Shiloh in Tennessee. In 1922, the Teapot Dome scandal had its beginnings as Interior Secretary Albert B. Fall signed a secret deal to lease U.S. Navy petroleum reserves in Wyoming and California to his friends, oilmen Harry F. Sinclair and Edward L. Doheny, in exchange for cash gifts. In 1927, the image and voice of Commerce Secretary Herbert Hoover were transmitted live from Washington to New York in the first successful long-distance demonstration of television. In 1945, during World War II, American planes intercepted and effectively destroyed a Japanese fleet, which included the battleship Yamato, that was headed to...

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Minneapolis officers line up to reject Chauvin's actions

The parade of Minneapolis police officers rejecting a former officer’s actions in restraining George Floyd is continuing at his murder trial

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Turning off AC ends California airport standoff

Authorities say they turned up the heat to end a standoff by a knife-wielding man at Oakland International Airport

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US says Mali's top priority must be holding fair elections

The United States says the top priority for Mali’s interim government must be holding free and fair elections by the end of the 18-month transition period following last August’s military coup that overthrew the president

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Stocks To Watch: Axis Bank, Reliance Industries, Bharti Airtel, Barbeque Nation

Axis Bankhas become co-promoter of Max Life Insurance Company after completing the acquisition of 12.99 per cent stake collectively by the Axis Entities in the company, Axis Bank said

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Sensex, Nifty Likely To Have A Positive Opening

Asia equities are set for a sluggish open after Wall Street pulled back from record highs as investors eye the upcoming earnings season for more signs of a recovery

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