The subscription of SGB Series V will end on October 11 and the settlement date for the same is October 15. Stock news, finance alerts and extra.
Get the Economic Times advantage to track the newest Business News and Stock Market on the go and make informed decisions. Download the Economic Times app and keep up to date with unrivalled protection of Stock Market, Business, Finance, Sensex – BSE India, Nifty- NSE India, Personal Finance, Business News and Economy News as they occur. The Economic Times App offers entry to the Live News Updates, Latest Market & Business News, India News, Stock Market, Finance, Sensex – BSE India, Nifty- NSE India news anytime and from anywhere. Epichem, a subsidiary of ASX-listed biotech, PharmAust, has been rewarded for its contribution to WA and nominated because the 12 monthsâ€™s winner of the celebrated WA Industry and Export Awards. The company was acknowledged for its contributions to the global well being and biotechnology sector by providing â€œend-to-finishâ€ help in drug discovery, with CEO, Dr Martine Keenan, also recognised with the Women in International Business Award on the identical ceremony.
The latest news, videos, and photos on finance, business developments, cash, and extra. Libor is an interest rate based mostly on quotes from banks on how a lot it might price to borrow cash from one another. It is a worth reference for financial contracts worth greater than $300 trillion globally, from complex derivatives to residence loans and bank cards. The fifth sequence (Series V) of Sovereign Gold Bonds scheme (SGBs) 2019-20 opened for subscription on Monday.
SGB, a authorities-run scheme, allows gold investments in non-bodily kind. For the current series of gold bonds, the worth of 1 gram of gold has been saved at Rs three,788, according to an announcement by the Reserve Bank of India (RBI). The RBI is providing a discount of Rs 50 per gram on the original worth to traders making use of on-line.
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The rupee on Friday closed nearly flat at 70.88 towards the US dollar after the Reserve Bank of India in a widely anticipated transfer reduce key interest rates by 0.25 share point. The fairness market may commerce with a negative bias within the short-time period, but the broader market will keep its positive bias in the long-term, Vinod Nair of Geojit Financial Services says. The food business is being tested by shifting consumer tastes, new know-how and global commerce disputes.
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â€œIn many developing and emerging international locations, the central financial institution is used as an extended arm of the federal government, which results in inflation, forex depreciation, and actual devaluation of savings. Breaking economic news, with reports on international inventory markets, private finance, businesses and expertise. A German have a look at the … Read More