Business

The COVID-19 pandemic has resulted in job losses, especially in the organised sectors, as businesses suffered due to economic activity coming to a halt in lockdowns. HDFC Bank and its private sector competitors have met hikes and bonuses commitments since...

World stock markets neared a more than twoweek high on Tuesday after U.S. President Donald Trump's return to the White House from hospital where he was treated for COVID19, and expectations of a new U.S. stimulus package being agreed rose.

In Delhi and Mumbai, the price of 22-carat yellow metal is Rs 49,320 per 10 gram and Rs 49,420 per 10 gram, while 24-carat gold costs Rs 53,800 per 10 gram and Rs 50,420 per 10 gram.

A look at some of the key business events and economic indicators upcoming this week:

Oil prices rose about 2% on Monday, lifted by comments from doctors for U.S. President Donald Trump suggesting he could be discharged from hospital as soon as Monday, just a few days after his positive test for COVID19 sparked widespread alarm.

U.S. House Speaker Nancy Pelosi on Friday asked airlines to halt furloughs and firings, saying a longawaited deal to provide another $25 billion in aid for the struggling sector was "imminent."

House Democrats on Friday proposed a new $28.8 billion bailout for the airline industry after the carriers began furloughs of more than 32,000 workers to cut costs during a pandemic that has devastated air travel.

A three-member NCLAT bench said the sanctity of resolution process has to be maintained and such withdrawal by a successful bidder "frustrate" the entire exercise of Corporate Insolvency Resolution Process (CIRP).

Airbnb will prohibit one-night rentals over Halloween weekend as part of its ongoing effort to crack down on party houses.

U.S. stock futures and the Australian dollar fell on Friday after President Donald Trump said he and his wife had tested positive for the coronavirus.

The future contracts for both the S&P 500 and the Dow industrials dropped nearly 2% but were trading 1.2% lower several hours later. Oil prices tumbled about 3%.

Roblox Corporation is working with investment banks to prepare for a U.S. stock market listing that could come early next year and which the online gaming platform expects could double its recent $4 billion valuation, people familiar with the matter said.

U.S. airlines face a winter test of their finances and question marks over the reach of their domestic flight networks after failing, for now, to win fresh federal aid.

Boeing said Thursday that it will consolidate production of its two-aisle 787 jetliner in South Carolina and shut down the original assembly line for the plane near Seattle.

The U.S. housing market has staged a furious comeback this summer, even as the economy struggles to regain its footing after being knocked into a recession due to the coronavirus.

The Rs 444 crore public offer received bids for 4,81,64,59,117 shares against 3,05,99,017 shares on offer, as per NSE data.