Thiruvananthapuram
C
Alappuzha
Ernakulam
Idukki
Kannur
Kasaragod
Kollam
Kottayam
Kozhikode
Malappuram
Palakkad
Pathanamthitta
Thiruvananthapuram
Thrissur
Wayanad
Friday, July 10, 2020

economy

India's trade deficit with China reduces to USD 48.66 bn in FY20

New Delhi: India's trade deficit with China fell to USD 48.66 billion in 2019-20 on account of decline in imports from the neighbouring country, acco...

Small savings scheme, PPF rates remain unchanged

New Delhi: The government has decided to keep the interest rates on small savings schemes or post office schemes including Public Provident Fund (PPF...

Gross tax collection falls 31% so far in June quarter

Mumbai: Gross tax collection fell 31 per cent till June 15 of the current fiscal, with advance corporate tax mop-up declining 79 per cent, an officia...

WPI inflation falls 3.21% in May

New Delhi: Wholesale prices in the country witnessed a deflation of 3.21 per cent in May due to sharp decline in prices of fuel and power, even as fo...

U.K economy shrinks 20.4% during April lockdown

London: Official figures show that the British economy shrank by a colossal 20.4% in April, the first full month that the country was in its coronavi...

German exports down nearly a quarter in April

Berlin: German exports plunged by nearly a quarter in April compared with the previous month as coronavirus shutdowns dragged down demand, official d...

Sensex surrenders early gains, ends 63 pts lower

Mumbai: Equity benchmark Sensex gave up all the day's gains to end 63 points lower on Tuesday as spiking number of COVID-19 cases in the country crea...

RBI chief says GDP growth in 2020-21 likely to be in negative

Mumbai: The Reserve Bank on India (RBI) said India's gross domestic product (GDP) growth will be in negative territory in 2020-21 as the outbreak of ...

Inflation outlook highly uncertain: RBI Governor

Mumbai: Reserve Bank Governor Shaktikanta Das said the inflation outlook is highly uncertain due to the outbreak of the COVID-19 pandemic and express...

SEBI urges companies to reveal COVID-19 impact on business

Mumbai: India’s markets regulator SEBI directed companies that have publicly traded securities, including shares and bonds, to disclose broad-r...

COVID-19: Global economy could witness losses worth up to $8.8 trillion

New Delhi: The global economy is expected to suffer $5.8-8.8 trillion in losses due to the coronavirus pandemic, the Asian Development Bank (ADB) sai...

3 million more U.S layoffs intensify fears of lasting damage

Washington: Nearly 3 million laid-off workers applied for U.S unemployment benefits last week as the viral outbreak forced more companies to slash jo...

Global trade fell 3% in first quarter of 2020: UN

United Nations: The coronavirus pandemic has led to a three per cent drop in global trade in the first quarter of 2020 and this downturn is expected ...

Govt defers release of April GST collection data

New Delhi: The government deferred the release of April GST revenue collection data as the ongoing lockdown and extended return filing deadline led t...

Sensex rallies 606 pts, Nifty reclaims 9,500

Extending its gains for the third session, equity benchmark Sensex rallied 606 points on Wednesday, buoyed by banking and IT stocks amid positive cue...

ADB approves USD 1.5 bn loan to India to fight COVID-19

The Asian Development Bank (ADB) said it has approved USD 1.5 billion loan to India to help fund its fight against coronavirus pandemic. The loan has...

Oil prices remain under pressure after record plunge

Oil prices came under renewed pressure on Wednesday following a historic two-day price plunge, as markets struggle with an enormous glut amid the cor...

RBI bans banks, cooperatives from paying dividends

The Reserve Bank debarred all commercial and cooperative banks from paying dividends to shareholders and promoter groups as the regulator fears the C...

Wholesale price inflation cools to 1% in March

The inflation based on wholesale price index (WPI) eased to 1 per cent in March from 2.26 per cent in February on sharp fall in food prices in the co...

Coronavirus could see U.K GDP fall 13% in 2020

Britain's economy could shrink by 13 per cent in 2020 in the case of a three-month coronavirus lockdown, according to a scenario published by fiscal ...