Since 29 June, stock has consistently fallen by 5% for 6 consecutive days, triggering lower circuit — levels where trading activity in a stock are suspended following a sharp fall in share prices.
Improved kharif sowing, pick-up in electricity and petrol consumption, and higher freight movement indicate green shoots in the economy, ministry report stated.
About 12 crore jobs were lost due to the lockdown in April, but things are gradually improving. However, only 39 lakh new salaried jobs have been created.
President of European Chamber in China, Joerg Wuttke, said the recovery isn't V or W, it's looking like the top of a chainsaw — up and down and painful all the way.
Some companies are promising free travel tickets, housing & food to draw workers to urban areas, others are hiring new faces from nearby locations.
A refinery thrives on the price difference between crude oil and fuels like gasoline, earning a profit that’s known in the industry as a cracking margin.
Under the ‘Balaram’ scheme, the Odisha government will provide credit worth Rs 1,040 crore to 7 lakh landless farmers in the next two years.
India can’t replace China at manufacturing, not without paying more: Economics commentator Martin Wolf
In conversation with ThePrint's Editor-in-Chief Shekhar Gupta, Chief Economics Commentator at The Financial Times, Martin Wolf discussed India's fiscal deficit, banking sector and its potential in the global market.
Speaking at ThePrint's OffTheCuff, Chief Economics Commentator at The Financial Times Martin Wolf said India can afford to increase its debt-to-GDP ratio to 90%, but should avoid borrowing in foreign currency.
The suits allege Marsalek took part in negotiations leading to the acquisition of Hermes by a Mauritius-based private equity fund in 2015.