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Latest Articles in Economy

Global Stocks Head For Record High On Recovery, Vaccine Hopes

MSCI's broadest index of Asia-Pacific shares outside Japan hit its highest level since launching in 1987 as Japan pulled out of recession, China posted better-than-expected industrial output data and the region signed the largest ever trade deal.

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PM Modi urges spiritual leaders to promote 'AtmaNirbharta' by going vocal for local

Mentioning two 'Vallabhs', Sardar Vallabhbhai Patel and the Jainacharya Shree Vijay Vallabh Surishwer Ji Maharaj, the Prime Minister said that he feels blessed by the fact that after dedicating the world's tallest statue of Sardar Patel- 'Statue of Unity', he is getting the opportunity to unveil the 'Statue of Peace' of the Jainacharya Shri Vijay Vallabh.

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India's COVID-19 Response Should Give People Confidence In Future: Jaishankar

The External Affairs Minister also spoke on the Vande Bharat mission, informing that nearly 24 lakh Indians have been repatriated from foreign nations.

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Korean Air To Spend $1.6 Billion To Become Asiana Airlines' Top Shareholder

Asiana's share price soared as much as 29.8% in Monday trade, while that of Korean Air rose 15.2% and Hanjin Kal rose 8.2%. The benchmark KOSPI was up 1.9%.

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PM Modi Unveils 'Statue Of Peace' To Mark 151st Birth Anniversary Of Jainacharya Vijay Vallabh

The 151-inch tall statue has been made from Ashtadhatu- 8 metals, with Copper being the major constituent, and is being installed at Vijay Vallabh Sadhana Kendra, Jetpura, in Pali, Rajasthan.

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India's Stimulus 3.0 Supportive For Growth, Fiscal Impact Unclear: Fitch Solutions

The Union Cabinet on Wednesday approved PLI scheme in 10 key sectors including pharmaceutical drugs and automobiles and auto components to enhance India's manufacturing capabilities and export.

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WPI Inflation Up 1.48 % In October 2020

The inflation in the primary articles segment stood at 4.74 per cent in October 2020 and manufactured products at 2.12 per cent.

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India Reports 30,548 New COVID-19 Cases, 435 Deaths

India reported less than 50,000 new daily cases for the ninth continuous day. The last time daily new cases crossed the 50,000-threshold was on November 7.

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India's Top Retail Trade Body Says Diwali Sales Up 10.8% In 2020

The Confederation of All India Traders (CAIT), which claims to represent tens of millions of firms across the country, said that sales of its members during the one-month festive season that ended on Saturday increased to more than 720 billion rupees ($9.7 billion).

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Japan's Economy Vaults Back From COVID-Induced Recession, But Outlook Murky

The world's third-largest economy expanded an annualised 21.4% in July-September, beating a median market forecast for an 18.9% gain and marking the first increase in four quarters

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Australia's Qantas Celebrates Subdued 100th Birthday, Looks To Post-COVID Future

Qantas' centenary will include a 100-minute low-level flyover of Sydney's famous harbour at sunset on Monday evening for 100 employees as well as frequent flyers.

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China's Factory Output Beats Forecasts As Asia Shakes Off COVID Slump

Industrial output climbed 6.9% in October from a year earlier, data from the National Statistics Bureau showed on Monday, in line with September's gain. Analysts polled by Reuters had expected a 6.5% rise.

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PM Modi Greets Nation On 'Bhai Dooj'

On this day, sisters pray for their brothers to have long and happy lives by performing Tika ceremony and brothers offer gifts to their sisters.

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Delhi's Air Quality Continues To Be In 'Severe' Category

The overall air quality index (AQI) was recorded at 490. An AQI between 0-50 is marked good, 51-100 is satisfactory, 101- 200 is moderate, 201- 300 is poor, 301-400 is very poor and 401-500 is considered severe.

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Nitish Kumar To Take Oath As Bihar Chief Minister Today

Nitish Kumar, after meeting Governor Phagu Chauhan to stake claim to form NDA government in Bihar, had on Sunday announced that the oath-taking, as well as the swearing-in ceremony of the new cabinet, will be held at around 4.30 pm on Monday.

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