Friday, Sep 25, 2020 | Last Update : 12:42 PM IST

Business

Business

PM Modi's call to use Made in India products seems to have gone on deaf ears. — PTI photo

Despite resistance, China increases share in Indian import basket

DC CORRESPONDANT | PTI

Imports from China came down only by 29 per cent to $16600 million in April-July 2020 from $23452 million in the same period last year

PTI Photo

Home prices across India fall 2.3 per cent in six months

DC CORRESPONDANT | PTI

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

Airports have been given deferment on concession payments to the government. (DC file photo)

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

Gems and jewellery, petroleum products, man-made yarn, fabrics and made-ups, marine products and leather and leather products continued to see decline in shipments. Representational Photo

Merchandise exports continues to decline in August, trade deficit widens sequentially

Sacks filled with onions at a market, in Karad. — PTI photo

Rethink ban on onion exports: Sharad Pawar to Centre

Capex of states may have to cut by Rs 1- 3.4 lakh crore, finds ICRA. (AFP Photo)

States may cut FY21 capex by Rs 3 lakh crore, says ICRA

Reliance Retail runs more than 10,000 stores selling apparel, groceries and electronics across India. (AFP Photo)

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

Reserve Bank of India (RBI) Governor Shaktikanta Das . (PTI Photo)

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

MedSpark will host companies making medical implants and extracorporeal devices.

Kerala medical devices park to make high-risk implants

Representational image. (PTI)

NBFCs witness 15-20 per cent improvement in retail lending in last 2 months

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IPL 2020

Bad day for Virat Kohli with RCB loss to KXIP and two dropped catches

After dropping two catches, RCB skipper Virat Kohli, undoubtedly one of the best when it comes to run-chasing, failed with the bat, managing just a run off five balls before he was caught off a Sheldon Cottrell delivery. (Photo | PTI)

KL Rahul beats Sachin’s 'fastest 2,000 runs' as he scores top IPL score by an Indian

KXIP skipper KL Rahul’s 132, off just 69 deliveries, is the highest score built up by an Indian player in an IPL innings. (Photo | PTI)

Cricketer-commentator Dean Jones dies of cardiac arrest in Mumbai hotel

Dean Jones played 52 Tests and 164 ODIs for Australia and was part of the 1987 World Cup winning team. (Photo | AFP)

KXIP posts 206/3 with skipper KL Rahul smashing an unbeaten 132 against RCB

Kings XI Punjab Captain KL Rahul scored 132 off 69 balls, that was laced with 14 boundaries and seven sixes. (Photo | PTI)

Full Scorecard Kings XI Punjab VS Royal Challengers Bangalore Match 6, Kings XI Punjab win by 97 runs, DREAM11 IPL 2020, T-20 Match

Kings XI Punjab vs Royal Challengers Bangalore Match 6, DREAM11 IPL 2020, T-20 Match

Will Dhoni find his form before the CSK vs Delhi game Friday?

"MS is one of the players that hasn’t played much cricket in the last year-and-a-half. Everyone expects MS to come out and do what he has done in the past. It doesn’t just happen, it takes a bit of work,” CSK Coach Stephen Fleming said ahead of Friday’s IPL match against Delhi Capitals. (Photo | PTI)

Mumbai breaks UAE jinx in IPL with win led by skipper Rohit’s 80

Mumbai Indians player Jasprit Bumra celebrates the wicket of Kolkata Knight Riders batsman Eoin Morgan with his teammates during IPL 2020 cricket match, at Sheikh Zayed Stadium, in Abu Dhabi of United Arab Emirates, Wednesday, Sept. 23, 2020. (Photo | PTI)

Full Scorecard Kolkata Knight Riders VS Mumbai Indians Match 5, Mumbai Indians win by 49 runs, DREAM11 IPL 2020, T-20 Match

KKR VS MI Match 5, DREAM11 IPL 2020, T-20 Match

Rohit gives KKR a run for their money, powers Mumbai Indians to 195/5

Rohit got going after smashing pacer Pat Cummins (0/49) for two sixes, both his trademark pull-shots. (Photo | PTI)

Dew will play significant role in which way a match will go, says Finch

“The dew will play a big part in the tournament. The last three games, the game at Sharjah and our game in Dubai, there was more dew than expected,” said RCB opener Aaron Finch, who is playing in the IPL after two seasons, having missed last year’s edition to prepare for the ODI World Cup. (Photo | PTI)

Gallery

A Kashmiri boatman rows his boat through a closed floating market on the Dal Lake during lockdown to stop the spread of the coronavirus in Srinagar, Indian controlled Kashmir. Indian-controlled Kashmir's economy is yet to recover from a colossal loss a year after New Delhi scrapped the disputed region's autonomous status and divided it into two federally governed territories. (Photo: AP)

Jammu & Kashmir’s economy struggles amid lockdowns

Jammu & Kashmir’s economy struggles amid lockdowns

More Galleries

A Kashmiri boatman rows his boat through a closed floating market on the Dal Lake during lockdown to stop the spread of the coronavirus in Srinagar, Indian controlled Kashmir. Indian-controlled Kashmir's economy is yet to recover from a colossal loss a year after New Delhi scrapped the disputed region's autonomous status and divided it into two federally governed territories. (Photo: AP)

Jammu & Kashmir’s economy struggles amid lockdowns

A worker sanitises the fountain in the atrium of the Phoenix Market City, Kurla in Mumbai ahead of the August 5 reopening. (DC Photo: Rajesh Jadhav)

Mumbai malls to reopen but the experience will be very different

Revolt Motors has finally unveiled its maiden electric bike, the RV 400. In fact, when the deliveries begin next month, it will become the first electric motorcycle to go on sale in India. There’s no word on the price yet, but we expect it to cost around Rs 1 lakh (on-road). At this price, the RV 400 would be one heck of a deal considering that it is loaded with features. Here’s a closer look at the electric motorcycle in detailed images. (Source: BikeDekho.com)

Photos: Revolt RV 400 electric bike

There are many sports bikes currently on sale from various manufacturers starting from 1 Lakh. The most popular products under this bracket are the Suzuki Hayabusa, Kawasaki Ninja H2 SX, MV Agusta Brutale and Ducati Panigale V4. To know more about the latest prices of sports bikes in your city, offers, variants, specifications, pictures, mileage, reviews and other details from the list below. (Source: Bike Dekho.com)

7 expensive sports bikes in India

Autos

Representative Image (AFP)

Amid coronavirus outbreak BMW to shut european factories

Auto stocks plunged nearly 12 percent. (PTI Photo)

Auto shares down by 12% as automakers score nil domestic sales in April

Tesla overcame a seven-week pandemic-related shutdown at its California assembly plant to post a surprising $104 million net profit for the second quarter. (AFP Photo)

Tesla makes $104 million surprise profit despite factory shutdown

India asks automakers to cut royalties to foreign parents to boost local investment Vehicle registrations down 89% in May: FADA 2020 to be the year of SUVs for Mercedes-Benz

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Companies

Novavax signs Covid-19 vaccine supply deal with India's Serum Institute. (AFP Photo)

Novavax announces COVID-19 vaccine supply deal with Serum Institute

Zydus Cadila launched the cheapest generic version of Gilead Sciences’ antiviral drug remdesivir in India. (Photo- Twitter)

India's cheapest remdesivir version launched by Zydus Cadila at Rs 2,800 per vial

Representational image.

Govt may allow companies with over 300 workers to fire staff without its nod

VIL appointed Takkar as its MD and CEO following the resignation of Balesh Sharma from the post. (Photo- Twitter)

No remuneration for Vodafone Idea CEO during 3-year tenure

Vodafone Idea rebrands in fight for India's telecom market share. (AFP Photo)

Vodafone Idea rebrands as 'Vi' in fight for telecom market share

Ashok Soota, promoter of Happiest Minds.

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

Reliance Industries chairman Mukesh Ambani. RIL unveils details of O2C business spinoff plan. (PTI Photo)

Reliance reveals detailed plan to spin off oil to chemical business

A Bata worker sanitises a showroom to make it coronavirus free. (Twitter/@BATA_India)

Bata to open franchise stores in small cities to expand semi-urban footprint

Economy

An Indian ragpicker collects reusable material from a garbage dump. Coronavirus pandemic could plunge an extra 395 million people into extreme poverty. (AP Photo)

Economic fallout from COVID-19 could push more than billion into ‘extreme poverty’

India's GDP to contract 16.5 pc in Q1 as pandemic spreads, says SBI report. (Representative Image)

GDP to contract 16.5% in Q1 as COVID cases continue to surge: SBI report

Prime Minister Narendra Modi. (PTI Photo)

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

Indian economy contracts 23.9% due to COVID-19 impact Need to conclude free trade agreements with US, others: RBI chief Finally, it falls to the farmer to rescue India's parlous GDP

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Market

Oil prices were unchanged on Friday, with trading marked by growing uncertainty about global recovery in fuel demand as new COVID-19 cases surge in several countries. (AFP Photo)

Oil prices mixed as virus spike casts shadow over demand

The Bombay Stock Exchange. (PTI)

13 lakh new retail investors added in stock market in past one month

One of the stocks to soar on Thursday was the multiplex company Inox Leisure. (Photo: Facebook/Inox)

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

Petrol price on Tuesday was hiked by 20 paise per litre and diesel by 55 paise. (PTI Photo)

Fuel prices rise on 17th day, petrol price hiked by 20 paise, diesel by 55 paise

Sensex tanks 433 pts; Nifty gives up 11,200 level. (PTI Photo)

Sensex slips 433 points, Nifty ends below 11,200; Banks, auto stocks drag

Sensex surged over 558 points and the NSE Nifty topped the 11,300-mark on Tuesday. (AP Photo)

Sensex rallies over 550 points, Nifty tops 11,300-mark

Both equity and debt funds are witnessing redemption pressure.

Mutual fund redemption pressure continued in August

Representational image (PTI)

Surprised that Q1 results weren't too bad? Just look at operational expenses

In Other News

improvesIndia's August gold imports doubles to hit 8-month peak. (Representative Image)

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

Street vendors selling fruits on a busy road (DC photo)

Only 7 pc of target street vendors get loan assistance

India's August fuel consumption posts biggest monthly decline since April. (PTI Photo)

Fuel consumption in August witnesses biggest monthly dip since April

India probes alleged dumping of Vitamin C from China So you thought corona was good for insurance companies? Telangana slips to third position in ease of business ranking

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