Top Headlines of the day | Your Evening News Summary | Business News & Economy News, 13 Top Headlines of the day | Your Evening News Summary | Business News & Economy News
Top Headlines of the day
> Passenger vehicle sales rise 26% in Sep 2020, passenger car sales up by nearly 29%. Read More+
> Razorpay joined the league of Paytm, PhonePe, BillDesk and PineLabs as it became the latest Indian fintech to bag a $1 billion valuation from a clutch of investors.
> Central government will borrow Rs 1.1 lakh crore and pass the funds on to states as loans to meet the GST compensation shortfall.
> HDFC Bank is expected to report over 16% growth in profit as well as NII in Q2 FY21. Read More+
> Pune-based Serum Institute of India is conducting phase-3 trials of the Oxford Covid19 vaccine in India as part of international trials.
> MFs look beyond India as asset managers launch schemes with global exposure. Read More+
> HCL Tech Q2 net profit up 18.5per cent at Rs 3,142 cr; revenue rises 6.1per cent.
> BPCL to cut dependence on Middle East LPG, seek bids from global suppliers. Read More+
> India govt to borrow 4.88 trillion rupees between october 19th to march 31st, 2021.- Statement
> RBI to conduct first Open Market Operations (OMOs) for state bonds worth Rs 10,000 cr on Oct 22.
> Coal India declares a performance-linked reward (PLR) of Rs 68,500 per employee to all its non-executive cadre workforce for 2019-20. Read More+
> India’s Forex reserves rise by $5.867 billion to lifetime high of $551.5 billion.
> Demand for petrol and diesel back to normal,Diesel purchases went up for first time this financial year in October 1-15 period.Consumption of diesel was up 8.8per cent, of petrol by 1.5per cent YoY.
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