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The reserves, which are counted as a key strength as the country faces the economic impact of the COVID-19 pandemic, had risen by USD 3 billion to an all-time high of USD 490.044 billion in the previous week.
The reserves, which are counted as a key strength as the country faces the economic impact of the COVID-19 pandemic, had risen by USD 3 billion to an all-time high of USD 490.044 billion in the previous week.

India's forex reserves surge to all-time high of $493.48 billion

The reserves, which are counted as a key strength as the country faces the economic impact of the COVID-19 pandemic, had risen by USD 3 billion to an all-time high of USD 490.044 billion in the previous week

Yes Bank shares closed 3.04% up at  ₹28.80 apiece on BSE. (Bloomberg)
Yes Bank shares closed 3.04% up at 28.80 apiece on BSE. (Bloomberg)

Invoked pledged Dish TV shares due to default by Essel Group firms: Yes Bank

  • Yes Bank shares closed 3.04% up at 28.80 apiece on BSE. Dish TV closed 4.83% higher at 4.83 apiece
  • Yes Bank in a filing on Friday stated that its disclosure on May 29 clearly mentioned that the pledge has been invoked due to default/ breach by various Essel Group companies

Shares of Hexaware hit the 20% upper circuit limit to  ₹311.3 apiece on BSE following the announcement.  (Photo: Mint)
(representative image) (Photo:iStock)
(representative image) (Photo:iStock)

Gold bond issue price fixed at 4,677 per gram of gold

  • The central bank in April had announced that the government will issue Sovereign Gold Bonds in six tranches from April 20 till September
  • Govt has also decided to offer a discount of 50 per gram on nominal value to investors applying online, and making payment against application via digital mode

(Photo: Bloomberg)
Brokers trade at their computer terminals at a stock brokerage firm in Mumbai. (REUTERS)
(Photo: Reuters)
The logo of Tata Motors. (REUTERS)
SBI chairman Rajnish Kumar
SBI shares surged 8% today
Sensex settled 306 points to 34,287
Photo: Bloomberg
Jefferies maintained its buy rating on Bharti Airtel and 12-month price target of  ₹660 per share (MINT_PRINT)
Jefferies maintained its buy rating on Bharti Airtel and 12-month price target of 660 per share (MINT_PRINT)

Bharti Airtel share prices may double in 3 years: Jefferies

  • India’s telecom market has drawn attention from global giants
  • The ratio of mobile revenue to gross domestic product for India is among the lowest of countries with similar per capita GDP, suggesting scope for average revenue per user to rise

In its March quarter earnings presentation, Reliance had said it has achieved half of its targeted value unlocking in Jio Platforms (Photo: Reuters)
The board will meet on June 12 to consider the delisting proposal. (Photo: Mint)
PI Industries stock gained 2% in Friday morning trade. Photo: Pradeep Gaur/Mint
Shares of Wipro were up +0.81% at closing today on BSE, roughly on par with the broader Mumbai market
Shares of Power Grid Corporation of India were up +1.36% at closing today on BSE, outperforming the broader Mumbai market
Shares of NTPC were up +3.00% at closing today on BSE, outperforming the broader Mumbai market
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