The world’s third-largest economy shrank an annualised 27.8 per cent in April-June, government data showed on Monday (August 17), marking the biggest decline since comparable data became available in 1980 and slightly bigger than a median market forecast for a 27.2 per cent drop. The main culprit behind the dismal …
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Coronavirus recovery rate close to 70% in country: Govt
The Ministry said with more patients recuperating and being discharged from hospitals and home isolation, the total recoveries have jumped to 15,83,489 with 47,746 patients getting discharged in a span of 24 hours. The national recovery rate has risen to 69.80 per cent, according to the Union Health Ministry. The actual …
Read More »Sensex tumbles over 300 points in opening trade
The BSE Sensex was trading 304 points or 0.81 per cent lower at 37,303; while the NSE Nifty was down 77 points or 0.70 per cent at 10,996. In the previous session, the 30-share Sensex ended 129 points or 0.34 per cent lower at 37,607, while the NSE …
Read More »INDEX OF EIGHT CORE INDUSTRIES (BASE: 2011-12=100) FOR JUNE, 2020
The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing Index of Eight Core Industries for the Month of June, 2020. 2. The growth rate of Index of Eight Core Industries for June 2020 declined by 15.0 % (provisional) compared to decline of 22.0 % …
Read More »Eight core industries’ output shrinks 15% in June
According to the data released by the Commerce and Industry Ministry today, the output of coal sector fell 15.5 per cent, crude oil declined by 6 per cent , natural gas by 12 per cent, refinery products fell by 8.9 per cent, steel sector plunged by 33.8 per cent, cement …
Read More »BSE Sensex falls 335 points; Nifty tumbles to 11,150
The 30-share BSE benchmark ended 335.06 points or 0.88 per cent lower at 37,736.07; while the NSE Nifty tumbled 100.70 points or 0.90 per cent to 11,102.15. IndusInd Bank was the top laggard in the Sensex pack, falling over 5 per cent, followed by HDFC, Axis Bank, PowerGrid, SBI, Bajaj …
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