Civil aviation revenues down 85%, 18,000 jobs lost

Pickup in domestic air travel since July has been very slack

Happiest Minds record listing is sign of India's digital drive

The share listed at a record premium of 110 per cent on the NSE and BSE

India ranks 116 in World Bank's pre-pandemic human capital index

The Index update includes health and education data for 174 countries covering 98 per cent of the world's population up to March 2020

Chinese FDI has been coming down in 3 years

The total FDI inflow from Chinese companies in India stood at $350 million in 2017-18.

Economic recovery in India likely to be gradual: RBI governor Shaktikant Das

Indian economy contracted 23.9 per cent in the first quarter of the current financial year

Elon Musk's Tesla becomes world's richest auto group

Tesla has seen ups and downs but its shares have risen steadily since late 2019 as it met key production targets for its Model 3 car

Hero MotoCorp resumes operations at three plants as lockdown restrictions ease

The company is commencing operations in a graded manner at three of its manufacturing plants Gurugram, Dharuhera and Haridwar

BMW records first loss since 2009 as pandemic hits sales

The company reported an operating loss of 666 million euros, compared with an operating profit of 2.1 billion euros in 2019

Vehicle registrations down 89% in May: FADA

For the first time, said FADA President Ashish Harsharaj Kale, the month of April witnessed zero retails

Maruti Suzuki S-Cross petrol bookings are now open

The model comes with a 1.5 litre BSVI-compliant petrol powertrain equipped with smart hybrid technology, MSI said in a statement

6 of top 10 firms add Rs 1.6 lakh crore in m-cap; ICICI, Kotak Bank top gainers

The market valuation of ICICI Bank jumped by Rs 26,620.32 crore to Rs 2,82,550.05 crore, becoming the biggest gainer

Samsung heir charged with committing fraud to ensure his succession

Lee Jae-yong, vice chairman of Samsung Electronics, committed stock manipulation, breach of trust and other offences, prosecutors said.

NCLT begins bankruptcy proceedings against Anil Ambani

The NCLT has declined SBI's request for a restriction on Ambani from dealing or appropriating his assets

United Airlines to cut 16,370 jobs as COVID hammers demand

US passenger airlines are still collectively losing more than $5 billion a month as 30% of planes remain parked

Amazon may buy 40% stake in Reliance Retail for $20 billion

Amazon has held talks about investing in Reliance Retail and expressed interest in negotiating deals but has made no decision, report said

Gujarat tops Export Preparedness Index 2020, Maharashtra ranks second

Six coastal states -- Gujarat, Maharashtra, Tamil Nadu, Odisha, Karnataka and Kerala -- feature in the top ten rankings

India among most open economies, says PM Modi, calls for global investment

Speaking at India Global Week 2020, he said green shoots of economic revival are already visible in India coming out of COVID-19 lockdown

Only the farmer bats for India as eight core sectors shrink 9.6%

Only the fertiliser industry continued to grow through the worst of the Covid months

Don't jump, Rs 2000 currency notes slowly being phased out

As per RBI's latest annual report, the big note was not printed at all during 2019-20

India needs to create 90 million jobs by 2030 to avoid economic stagnation

McKinsey Global Institute report says GDP growth needs to at least 8 per cent

Cost control saved the day for India Inc in Q1

Revenues declined sharply in the corona-hit quarter but the results were not as bad as feared

Home prices across India fall 2.3 per cent in six months

As on Q2 2020, prices declined by 1.9 per cent for the 12-month period

Happiest Minds IPO sees strong response, subscribed over 150 times

Route Mobile’s Rs 600 crore IPO has been fully subscribed on the very first day of bids opening, as per data updated by stock exchanges

Oil prices mixed as virus spike casts shadow over demand

The two benchmark contracts fell 1% on Thursday after OPEC+ agreed to trim record supply cuts of 9.7 million barrels per day

Laggard sectors entertainment, hospitality show signs of life in the stock markets

The big gainers on Thursday included Indian Hotels, EIH Hotel,  Shoppers Stop, Inox Leisure, Interglobe Aviation

Silver exports double despite overall slump

Higher silver jewellery exports helped the Surat SEZ and the Gujarat region clock positive growth while all other regions kept de-growing

Gold imports in August doubles to hit 8-month peak as demand improves

In value terms, August imports surged to $3.7 billion from $1.37 billion a year ago

First-time customers of online grocers almost double due to Covid-19

Retention of online shoppers too has increased since March 2020

Fuel consumption in August witnesses biggest monthly dip since April

Refined fuel sales slipped to 14.39 million tonnes in August, about 16% lower compared with the consumption in the same month a year ago

So you thought corona was good for insurance companies?

It's great that everyone's taking health insurance but for insurance companies the claims are mounting