BUSINESS
China’s economy could be regaining momentum after major slowdown
China’s official manufacturing purchasing managers’ index (PMI) rose to 50.2 from 49.7 in August, the first time it has indicated expansion since March, according to the National Bureau of Statistics, CNN reported.
India's unemployment rate falls to 12-month low in Sep
The overall unemployment rate declined to 7.09 per cent in September down from 8.10 per cent in August. The figures mark a reversal as the unemployment rate in August had shot up in August from 7.9 per cent in July.
US pharma giant Viatris inks 2 deals to sell India business for $1.2 bn
The United States-headquartered global healthcare company has centres in Pittsburgh, Shanghai, and Hyderabad.
RBI-MPC’s decision on repo rate may be unanimous but not on the stance: Economists
The six-member MPC will meet from Wednesday to Friday.
CAD, rupee under pressure as oil price surge spills into Oct-Dec quarter
The country imports close to 85 per cent of its crude oil requirement and any increase in global prices causes the import bill to shoot up. Since large payments have to be made in dollars to buy crude, the rupee takes a hit vis-a-vis the American currency.
Global economy taking a turn for worse, caution ahead: Zoho’s Sridhar Vembu
In a post on X (formerly Twitter), Vembu said that Zoho has seen a slow down in growth across geographies in September.
Sectors with the highest 1-year dividend yield
Companies with the highest dividend yield in this sector are Vedanta, Hindustan Zinc and National Aluminium Company with 30.7 per cent, 19.8 per cent and 4.8 per cent, respectively.
US-based aspire.io acquires Indian SaaS platform Commerceup
Twelve team members along with executive leadership of Commerceup joined Aspire’s product team to build and scale influence-driven commerce.
Diamond prices dip globally with consumers choosing services over jewellery
According to the Zimnisky Global Rough Diamond Index, prices are the lowest they’ve been in a year. Industry analysts attribute the slump to declining sales at the jewellery counter, CNN reported.
Vaishnaw launches '14 Minutes Miracle' cleaning process for Vande Bharat trains
The Minister also gave "Shramdaan for Swachhata" at Gurugram railway station.
Don't Miss
Advertisement