COVID-19 lockdown: Indian factory output down by 55.5% in April
India’s factory output plummeted in April 2020. Contraction in all major sectors such as manufacturing, mining and electricity on the back of
Indian foreign exchange reserve above 500 bn
India’s foreign exchange reserves rose by over $8.223 billion during the week ended June 5 to cross the $500 billion mark. According
UK body to probe Facebook’s Giphy takeover
The UK Competition and Markets Authority (CMA) has launched an investigation into Facebooks $400 million acquisition of GIF-sharing service Giphy that would
GST Council extends temporary reliefs to small businesses
The GST Council on Friday decided to halve the interest rate on late filing of GSTR-3B returns for the period of February,
Google to help advertisers reach connected TV audience
Google is introducing a series of tools in its marketing platform, Display and Video 360, to allow digital media buyers discover and
Japan passes USD 297 bn supplementary budget
Aiming to further cushion the economic blow delivered by the coronavirus pandemic, Japan’s parliament on Friday enacted a record 31.91 trillion yen
UK economy shrank 20.4% in April
The UK’s economy witnessed the largest monthly contraction on record, in April. The fall is said to be over three times the
Lufthansa plans major lay off
COVID-19 has dealt a severe blow to the aviation industry. Cost cuttings and lay offs have become daily business for various industry
Apple commits USD 100 mn to fight racial discrimination
Identifying the immediate need to contribute towards uprooting racial discrimination from the society, Apple CEO Tim Cook has announced a $100 million
Sensex follows suit, falls 1,100 points
Following a similar trend in the global stock markets, the BSE Sensex plunged over 1,100 points during initial trade on Friday. International