Economy - Asian News from UK

Nifty50 Touches 14K Mark First Time Ever

The Nifty50 on the National Stock Exchange (NSE) has crossed the 14,000 mark for the first time ever. It touched an all-time high of 14,010.15 points amid a largely subdued trade. The

December 31, 2020

Business·Economy

Profit to GDP Ratio To Begin Growth Shortly: Report

Corporate earnings recovery will likely provide a cushion for valuations in 2021, Motilal Oswal Private Wealth Management said in its 2020 year-ender note. It pointed out that earnings growth over the last

December 31, 2020

Business·Economy·India News

India Witnesses Sequential Drop In CA Surplus

India’s current account surplus moderated to $15.5 billion in Q2FY21 from $19.2 billion reported for the first quarter of the current fiscal. On a YoY basis, the country’s Balance of Payment status

December 31, 2020

Economy·India News

Independent Sellers Saw Huge Growth During Holidays: Amazon

As online shopping boomed this year amid Covid-19, Amazon has said that this holiday season has been the best ever for independent businesses selling on the marketplace with worldwide sales growing over

December 29, 2020

Business·Economy

GST Compensation: Union Govt Releses Further Rs 6K Crore

The Finance Ministry has released the ninth weekly instalment of Rs 6,000 crore to the states to meet the GST compensation shortfall. Out of this, an amount of Rs 5,516.60 crore has

December 29, 2020

Business·Economy

RBI Points Towards Holding Inflation rate at 4%

India’s inflation target should be maintained at 4 per cent in the medium term, according to a working paper by the Reserve Bank of India (RBI). The paper, published by the RBI’s

December 29, 2020

Economy·India News

China Begins Probe On Jack Ma’s Ant Group

After China’s top market watchdog began investigation last week into alleged anti-competition practices by ecommerce giant Alibaba, media reported on Monday that the country has now laid out ‘rectification plan for the

December 29, 2020

Business·China·Economy·World News

India Inc Expects 2021 To Be A Good Year: Survey

A major outcome of COVID-19 is the likely shift in global supply chains away from China to other economies. Nearly 70 per cent of the survey participants said that India could benefit

December 28, 2020

Business·Economy·India News

India Govt Set To Siphon 5G Investments in 2021

As the world steps into a new decade, 2020 will be remembered as the most disruptive year in living memory. As the pandemic spread across the world, it was telecom networks and

December 28, 2020

Business·Economy

Steel Sector Regains Momentum In India: Report

Even before the start of the new year, the Indian steel sector has regained its lost shine registering a growth of 3.5 per cent in crude steel production in November. According to

December 28, 2020

Business·Economy

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