Economy 24
Slowdown impact Core sector output shrinks 58 in October
29 Nov 11:54 • 5 articles
Slowdown impact? Core sector output shrinks 5.8% in October
As many as six of eight core industries saw a contraction in output in October
29 Nov 11:54 • Business-Standard • 1502508926136607351.htmlIndia’s Core Sector Output Shrinks 5.8% In October, Lowest In Over A Decade
As many as six of eight core industries saw a contraction in output, indicating the severity of the economic slowdown in India.
29 Nov 12:09 • Bloomberg | Quint • 7403450740742277679.htmlCore sector output shrinks 5.8 per cent in October
The only sector that posted growth in October was fertilizers where production increased by 11.8 per cent year-on-year.
29 Nov 12:11 • The Indian Express • 2885715105198389799.htmlCore sector output shrinks 5.8% in October
As many as six of eight core industries saw a contraction in output in October.
29 Nov 12:01 • India Today • 4286117813116507200.htmlGDP growth tanks to 4.5% in Q2; core industries' output shrinks 5.8% in Oct
Fiscal deficit in the first seven months of FY20 already at 102% of government's target for full financial year
29 Nov 14:15 • Business-Standard • 1502508926227077268.htmlPublisher says he’s hearing interest in nonprofit turn
29 Nov 12:14 • 4 articles
Publisher says he’s hearing interest in non-profit turn
NEW YORK — The publisher of the nation’s first daily newspaper to be granted non-profit status says he’s since heard from a “few dozen” lawyers and news executives curious about whether the Salt Lake Tribune’s approach could work elsewhere. Tribune publisher Paul Huntsman learned earlier this month that the Internal Revenue Service had approved the …
29 Nov 12:14 • City NEWS 1130 • 5858657120508906343.htmlPublisher says he's hearing interest in nonprofit turn
NEW YORK (AP) - The publisher of the nation's first daily newspaper to be granted nonprofit status says he's since heard from a "few dozen" lawyers and news executives curious about whether the Salt Lake Tribune's approach could work elsewhere.
29 Nov 12:13 • NEWS wpxi.com • 7786541638226777682.htmlPublisher says he’s hearing interest in non-profit turn
NEW YORK - Utah’s Salt Lake Tribune is taking an intriguing approach toward survival by successfully petitioning the IRS to let it become a non-profit. That
29 Nov 12:04 • iNFOnews.ca • 6669504244561736978.htmlPublisher says he's hearing interest in nonprofit turn
NEW YORK (AP) - The publisher of the nation's first daily newspaper to be granted nonprofit status says he's since heard from a few dozen lawyers and news executives curious about whether the Salt Lake Tribune's approach could work elsewhere.
29 Nov 12:13 • WFXT • 6395891954430570062.htmlSensex tumbles 336 points ahead of GDP data
29 Nov 11:04 • 4 articles
Sensex tumbles 336 points ahead of GDP data
NSE Nifty also settled 95.10 points down.
29 Nov 11:04 • The Hindu • 6679535026155701818.htmlSensex tumbles 336 points ahead of GDP data
Yes Bank was the top loser in the Sensex pack, shedding 2.50 per cent, followed by HUL that fell 2.37 per cent, M&M 2.12 per cent, SBI 2.03 per cent, Tata Motors 2.03 per cent and Vedanta 1.97 per cent.
29 Nov 11:16 • The Indian Express • 2885715103791039839.htmlSensex tumbles 336 pointts ahead of GDP data
The 30-share Sensex pared some losses, ending 336.36 points or 0.82 per cent lower at 40,793.81.
29 Nov 14:27 • Deccan Chronicle • 7881006363111177782.htmlSensex plunges 336 points ahead of GDP data release for September quarter
The top gainers on the Sensex were Bharti Airtel, HDFC Bank, and NTPC.
29 Nov 11:00 • Scroll.in • 8669301694031661724.htmlIndia quarterly growth falls to worst level in six years
29 Nov 13:43 • 3 articles
India quarterly growth falls to worst level in six years
India's economy grew at its slowest pace in more than six years in the July-September period, down to 4.5 percent from 7.0 percent a year ago, according to government figures released Friday that piled more pressure on Prime Minister Narendra Modi.
29 Nov 13:43 • Pulse Live • 3606876836800492388.htmlIndia quarterly growth falls to worst level in six years
India's economy grew at its slowest pace in more than six years in the July-September period, down to 4.5 percent from 7.0 percent a year ago, according to government figures released Friday that piled more pressure on Prime Minister Narendra Modi.
29 Nov 13:40 • Digital Journal • 4566489172369585791.htmlIndia quarterly growth falls to worst level in six years
MUMBAI, Nov 29 — India’s economy grew at its slowest pace in more than six years in the July-September period, down to 4.5 per cent from 7.0 per cent a year ago, according to government figures released today that piled more pressure on Prime Minister Narendra Modi. The expansion in Asia’s...
29 Nov 15:40 • Malaymail • 302165936284384132.htmlSAA dropped by leading travel insurer
29 Nov 13:37 • 2 articles
SAA dropped by leading travel insurer
The decision prompts Australian travel agency Flight Centre Travel Group to stop selling tickets for the airline.
29 Nov 13:37 • Moneyweb • 1092550946268123786.htmlSouth African Airways dropped by leading travel insurers
JOHANNESBURG, Nov 29 — Three travel insurance companies in South Africa have stopped covering tickets issued by South African Airways against insolvency, further clouding the outlook for the struggling state-run airline. The decision by Santam’s Travel Insurance Consultants (TIC) to drop South...
29 Nov 14:03 • Malaymail • 302165936014955284.htmlRBI may go for another rate cut as GDP slows to more than 6year low
29 Nov 13:48 • 2 articles
RBI may go for another rate cut as GDP slows to more than 6-year low
Analysts expect the MPC slashing interest rates by 25 basis points (bps), along with a marginal cut in gross domestic product (GDP) growth forecast for FY20
29 Nov 13:48 • Business Today • 1145527432081143618.htmlGDP growth slows down to 4.5% in Q2, hits more than 6-year low
India's Q2 GDP Growth 2019: DEA Secretary Atanu Chakraborty and CEA KV Subramnaian said that the fundamentals of India economy remain strong and the GDP growth rate is expected to bounce back in the third quarter of this fiscal
29 Nov 10:19 • Business Today • 1145527432502861828.htmlOil to be stuck in a rut in 2020 as slowing demand fuels glut
29 Nov 12:28 • 2 articles
Oil to be stuck in a rut in 2020 as slowing demand fuels glut
Opec unlikely to opt for deeper output cuts.
29 Nov 12:28 • Moneyweb • 1092550947604242629.htmlOil to be stuck in a rut in 2020 as slowing demand fuels glut: Reuters poll
(Reuters) - Oil prices will remain subdued in 2020 as growth concerns weigh on demand and fuel a glut of crude, a Reuters poll showed on Friday ahead of production-policy talks among OPEC and its allies next week.
29 Nov 11:02 • Reuters • 8334514180170824205.htmlMalaysia beats Thailand in video streaming experience says Opensignal report
29 Nov 12:09 • 2 articles
Malaysia beats Thailand in video streaming experience, says Opensignal report
KUALA LUMPUR, Nov 29 — Opensignal has just posted its latest “State of Mobile Video Experience” report and it appears that telcos in Malaysia have shown some improvement when it comes to the mobile video experience. The overall mobile video experience score for Malaysia has increased from...
29 Nov 12:09 • Malaymail • 302165935876443709.htmlMalaysia beats Thailand in video streaming experience according to Opensignal’s report
Opensignal has just posted its latest “State of Mobile Video Experience” report and it appears that telcos in Malaysia have shown some improvement when it comes to the mobile video experience. The overall mobile video experience score for Malaysia has increased from 47.1 points in 2018 to 54.4 points in 2019.
29 Nov 10:24 • SoyaCincau.com • 3698931831362298399.htmlIndia offers funds to Sri Lanka in bid to outdo China
29 Nov 12:31 • 2 articles
India offers funds to Sri Lanka in bid to outdo China
NEW DELHI, Nov 29 — India, anxious to counter China’s influence in the region, today offered hundreds of millions of dollars in aid to Sri Lanka as the island’s new president made his maiden overseas trip in New Delhi. Gotabaya Rajapaksa’s visit to India just 12 days after he became...
29 Nov 12:31 • Malaymail • 302165935779585755.htmlIndia offers funds to Sri Lanka in bid to outdo China
India, anxious to counter China's influence in the region, on Friday offered hundreds of millions of dollars in aid to Sri Lanka as the island's new president made his maiden overseas trip in New Delhi.
29 Nov 12:20 • Digital Journal • 4566489173168209697.htmlIndias fiscal deficit touches Rs 7 trillion surpasses annual target in seven months
29 Nov 12:36 • 2 articles
India's fiscal deficit touches Rs 7 trillion, surpasses annual target in seven months
India’s fiscal deficit in the first seven months through October stood at Rs 7.2 trillion, or 102.4 per cent of the budgeted target for the current fiscal year, government data showed on Friday.
29 Nov 12:36 • India Today • 4286117814346851420.htmlFiscal deficit for April-Oct touches Rs 7.2 trillion, exceeds FY20 target
This was 102.4% of the full-year target, compared with 103.9% for the same period last year
29 Nov 14:19 • Business-Standard • 1502508926213191287.htmlBharti Airtel to seek board nod on December 4 for raising funds
29 Nov 12:45 • 2 articles
Bharti Airtel to seek board nod on December 4 for raising funds
The board will also evaluate raising of funds through debentures, non-convertible debt instruments along with warrants, convertible debentures , securities or any other equity based instruments including through qualified institutions placement or rights issue, or through any other permissible mode
29 Nov 12:45 • The Indian Express • 2885715104769684039.htmlAGR dues: Bharti Airtel to seek board nod for raising funds on December 4
The fund raising proposal follows the Supreme Court judgement on adjusted gross revenue
29 Nov 11:55 • Business-Standard • 1502508925895629138.htmlJack Dorsey Twitter CEO says he’ll be relocating to Africa in 2020
29 Nov 12:45 • 2 articles
Jack Dorsey, Twitter CEO, says he’ll be relocating to Africa in 2020
Jack Dorsey, the co-founder of Twitter, says he would move to Africa for a momentary stay in 2020 as the continent would "define the future."
29 Nov 12:45 • TheCable Lifestyle • 3194590663075471619.htmlTwitter CEO Jack Dorsey Confirms Relocation To Africa In 2020
The co-founder and CEO of microblogging platform, Twitter, Jack Dorsey, says he would be relocating to Africa for a momentary stay in 2020.
29 Nov 14:07 • Concise • 5544636822012475081.htmlEurozone unemployments falls to lowest rate since July 2008
29 Nov 10:50 • 2 articles
Eurozone unemployment's falls to lowest rate since July 2008
LONDON (AP) - Unemployment across the 19-country eurozone has fallen to its lowest rate since July 2008 even though growth is cooling in the face of headwinds like the U.S.-China trade war and uncertainty related to Britain's departure from the European Union.
29 Nov 10:50 • NEWS wpxi.com • 7786541637755246460.htmlEurozone unemployment's falls to lowest rate since July 2008
LONDON (AP) - Unemployment across the 19-country eurozone has fallen to its lowest rate since July 2008 even though growth is cooling in the face of headwinds like the U.S.-China trade war and uncertainty related to Britain's departure from the European Union.
29 Nov 10:50 • WFXT • 6395891953821708097.htmlDaimler to ax at least 10000 jobs in latest car industry cuts
29 Nov 10:37 • 2 articles
Daimler to ax at least 10,000 jobs in latest car industry cuts
Daimler said on Friday it will cut at least 10,000 jobs worldwide over the next three years, following others in the industry as they cut costs to invest in electric vehicles while grappling with weakening sales. It marks the third announcement on cost cuts this week by a major German car company as
29 Nov 10:37 • Yahoo • 7097669637696516687.htmlMercedes-Benz owner to slash 10,000 jobs in latest car industry cuts
Daimler said on Friday it will cut at least 10,000 jobs worldwide over the next three years, following others in the industry as they cut costs to invest in electric vehicles while grappling with
29 Nov 14:32 • New York Post • 7654946768415006776.htmlGovt accounts show strong debt position impact of tax timing changes
29 Nov 10:02 • 2 articles
Govt accounts show strong debt position, impact of tax timing changes
Govt accounts show strong debt position, impact of tax timing changes
29 Nov 10:02 • www.voxy.co.nz • 6138926314428839829.htmlGovt accounts show strong debt position
Hon Grant Robertson
29 Nov 10:02 • SCOOP • 5315658999097789428.htmlBMW Builds a Plant for Electric Cars in China
29 Nov 10:11 • 2 articles
BMW Builds a Plant for Electric Cars in China
Luxury German carmaker BMW on Friday said it would build fully electric models of its Mini cars at a new plant in China, as it kicked off a joint venture with Chinese partner Great Wall Motor. About 160,000 vehicles are are set to roll off the assembly line at the planned factory in the city of Zhangjiagang in Jiangsu province, Tech Xplore reported.
29 Nov 10:11 • novinite.com • 4235039571547364749.htmlBMW, Great Wall to build new China plant for electric cars
BMW and its partner Great Wall Motor said they plan to build a plant in China with a capacity of 160,000 cars per year, and which will produce ...
29 Nov 15:27 • CNA • 5644198863916275418.htmlBlack Friday sees fewer shoppers in US stores as spending moves online
29 Nov 10:38 • 2 articles
Black Friday sees fewer shoppers in US stores as spending moves online
TRIPOLI: Libya’s National Oil Company said Thursday production had resumed at a key field in the southwest a day after it was interrupted by fighting there. “Following the cessation of military activity at the (Al-Feel) oilfield, production has resumed,” the NOC said in a statement on its website. Forces backing eastern-based strongman Khalifa Haftar, who seized Al-Feel
29 Nov 10:38 • Arab News • 8912634263123154343.htmlBlack Friday sees fewer shoppers in stores as spending moves online
Shoppers also worried that tariffs imposed by President Donald Trump on Chinese imports would make their holiday shopping more expensive
29 Nov 14:45 • Business-Standard • 1502508924575234860.htmlJapan exPM Nakasone who boosted ties with US dies at 101
29 Nov 10:05 • 2 articles
Japan ex-PM Nakasone who boosted ties with US dies at 101
Former Japanese Prime Minister Yasuhiro Nakasone, an ardent conservative who worked to forge a stronger military alliance with the United States, died on Friday at the age of 101, an official at his son's office said. In office for five years from November 1982 to November 1987, Nakasone was known for trying to transform the nation defeated in World War II into a full-fledged member of the West during the Cold War era.
29 Nov 10:05 • WION • 1570469242027118883.htmlJapan ex-PM Nakasone who boosted ties with US dies at 101
Former Japanese Prime Minister Yasuhiro Nakasone, an ardent conservative who worked to forge a stronger military alliance with the United States, died on Friday at the age of 101, an official at his son's office said.
29 Nov 11:08 • The Guardian • 7580308504220059765.htmlEuro zone inflation rises quicker than expected in November
29 Nov 10:41 • 2 articles
Euro zone inflation rises quicker than expected in November
BRUSSELS/FRANKFURT (Reuters) - Euro zone inflation accelerated faster than expected in November on a rise in food and services prices, likely comforting European Central Bank policymakers even if some factors pushing up prices may be only temporary.
29 Nov 10:41 • Reuters • 8334514180957847296.htmlEurozone inflation jumps more than expected in November – ING
The increase in both headline and core inflation was driven by strong growth in services prices. Still, don't assume this has implications for the Eur
29 Nov 11:55 • FXStreet • 4480975638984784697.htmlNew World Fund sells Adani Ports shares worth Rs 401 crore
29 Nov 14:53 • 2 articles
New World Fund sells Adani Ports shares worth Rs 401 crore
Bulk deal data on the BSE showed that 1,06,87,163 scrips were sold at an average price of Rs 375.34 apiece.
29 Nov 14:53 • The Economic Times • 7653256037683284133.htmlNew World Fund sells over 10 mn shares in Adani Ports worth Rs 401 cr
As per September 2019 shareholding data, New World Fund Inc was a public shareholder of Adani Ports and held 2.07 per cent stake
29 Nov 14:20 • Business-Standard • 1502508926305739129.htmlJewellery industry welcomes mandatory hallmarking from Jan 2021
29 Nov 14:10 • 2 articles
Jewellery industry welcomes mandatory hallmarking from Jan 2021
Gold hallmarking is a purity certification of the precious metal and is voluntary in nature at present
29 Nov 14:10 • Business-Standard • 1502508925628301602.htmlHallmarking For Gold To Be Mandatory From 2021, Industry Welcomes Move
One year period will be provided for implementation of hallmarking decision to enable jewellers clear their existing stock.
29 Nov 11:02 • Bloomberg | Quint • 7403450740474840390.htmlForex kitty continues to move up closes in 449 billion mark
29 Nov 14:26 • 2 articles
Forex kitty continues to move up, closes in $449 billion mark
In the previous week, the reserves had increased by USD 441 million to reach USD 448.249 billion
29 Nov 14:26 • Business Today • 1145527432263282859.htmlForex kitty continues to move up, closes in $449 billion mark
India Business News: Foreign exchange reserves continued the upward move, gaining by a modest $347 million to touch a new high of $448.6 billion in the week to November 22
29 Nov 15:09 • The Times of India • 6060938664263169920.htmlGerman auto industry group appoints former Merkel aide
29 Nov 14:24 • 2 articles
German auto industry group appoints former Merkel aide
BERLIN (AP) - An influential group representing the German auto industry has chosen Hildegard Mueller, who was once a senior aide to Chancellor Angela Merkel, as its new leader.
29 Nov 14:24 • NEWS wpxi.com • 7786541637314287145.htmlGerman auto industry group appoints former Merkel aide
BERLIN (AP) - An influential group representing the German auto industry has chosen Hildegard Mueller, who was once a senior aide to Chancellor Angela Merkel, as its new leader.
29 Nov 14:24 • WFXT • 6395891953898007693.htmlUS shoppers stay away from stores spend online as Black Friday begins
29 Nov 11:09 • 2 articles
US shoppers stay away from stores, spend online as Black Friday begins
NEW YORK, Nov 29 — US consumers splurged more than US$2 billion online in the first hours of Thanksgiving shopping today, while crowds were largely thin at retailers on the eve of Black Friday, reflecting the broader trend away from shopping at brick-and-mortar stores. Early discounts offered...
29 Nov 11:09 • Malaymail • 302165934679434102.htmlBlack Friday 2019 Shoppers Stay Away From Stores, Spend Online, Analysts Say
Early discounts saw a dip in the numbers lining up at stores across the country, according to consultants.
29 Nov 11:14 • HuffPost • 5982769915843254387.html