Economy 4229 May12:0014:0016:0018:0020:00
India GDP Q4: At 4.2% GDP Growth Lowest in 11 Years But Better Than Expected | Explained in 10 Points

29 May 13:03 31 articles

India GDP Q4: At 4.2% GDP Growth Lowest in 11 Years But Better Than Expected | Explained in 10 Points

RBI Governor Shaktikanta Das said the economic growth in 2020-21 is likely to be in the negative territory as the "macroeconomic impact of the pandemic is turning out to be more severe than initially anticipated".

29 May 13:03 India News, Breaking News, Entertainment News | India.com 7150386083582528444.html
India's GDP growth dips to 3.1 per cent in January-March 2020; 4.2 per cent for fiscal year 2019-20

According to data by NSO, the GDP had expanded by 5.7 per cent in the corresponding quarter of 2018-19.

29 May 16:37 The New Indian Express 4718288653416740022.html
India's GDP Growth Slows To 3.1% In March Quarter, 4.2% For FY20

Output of eight infrastructure sectors contracted by 38.1% in April.

29 May 12:32 HUFFPOST 6665507017308153118.html
GDP growth slows to 3.1% in Q4; fiscal deficit widens to 4.59% of GDP in 2019-20

Gross Domestic Product (GDP) 4th Quarter Data: The growth in GDP during 2019-20 is estimated at 4.2 per cent, slowing to an 11-year low, as compared to 6.1 per cent in 2018-19.

29 May 15:11 The Indian Express 2885715104331945222.html
Covid-19 impact: India GDP growth slows to 3.1% in March quarter

Growth was 4.2% in the fiscal year through March 2020 as compared to 6.1% in FY19.The full impact of the lockdown on manufacturing and services will become more visible in the June quarter

29 May 12:21 Livemint 6614605819506458709.html
India reports GDP growth for January-March quarter at 3.1%; 4.2% for FY20

India’s gross domestic product (GDP) growth slowed to 3.1 per cent in January-March quarter, official data showed on Friday.

29 May 13:04 The Statesman 1191309782474209857.html
India's GDP growth dips to 3.1% in January-March 2020; 11-year-low of 4.2% in 2019-20

India's economic growth slipped to 3.1 per cent in the January-March quarter of 2019-20 showing impact of COVID-19 pandemic. The gross domestic product (GDP) had expanded by 5.7 per cent in the

29 May 17:55 Deccan Herald 2027555797454208286.html
GDP for 2019-20 Q4 plummets to 3.1%, full year growth at 4.2%

Data suggests that India's GDP growth in FY2019-20 slowed down to an 11-year-low of 4.2 per cent.

29 May 12:19 India Today 4286117813701412525.html
India GDP growth dips to 3.1 pc in Jan-Mar; 4.2 pc in 2019-20

The gross domestic product (GDP) had expanded by 5.7 per cent in the corresponding quarter of 2018-19, according to data released by the National Statistical Office (NSO) on Friday.

29 May 15:04 Oneindia 2023829370883544059.html
Q4 GDP data today: Why does the growth number matter to us?

Theoretically, the lockdown impacted the economy only in the last week of March. But, in reality much of the normal course of business had slowed down days before the nationwide lockdown came into effect. This is because people movement declined significantly much before the lockdown.

29 May 00:00 Moneycontrol 1603024963766404024.html
India GDP growth slows to 3.1% in Q4 as Covid-19 lockdown hits economy

In the services sector, growth in the hotels and financial services sectors fell to 2.6 per cent and 2.4 per cent in the fourth quarter

29 May 15:42 Business-Standard 1502508926557212155.html
Amid coronavirus outbreak India’s GDP growth slows to 3.1% in Jan-March quarter of FY20

29 May 12:50 Free Press Journal 9080771788935583669.html
India's GDP growth slows to 3.1% in January-March 2020: Govt data

India's GDP growth slowed to 3.1 pc in January-March 2020, Govt data showed on Friday. More details awaited

29 May 17:55 Deccan Herald 2027555797215661126.html
GDP: 3.1% for March quarter, 4.1% for year. But it is not due to coronavirus

GDP growth rate for March quarter slipped to 3.1% from 4.7% recorded during the previous quarter. The economy grew by 4.2% in 2019-20 for year. The coronavirus lockdown will have more impact in June quarter.

29 May 13:08 India Today 4286117813185149037.html
India Q4 GDP data to be out today: Brokerages expect growth to reflect COVID-19 pain

Lockdown that began in last seven days of March is expected to have taken a toll on economic growth; economy is likely to have entered a recessionary phase with some agencies even estimating a contraction of over 5 per cent in FY21

29 May 05:02 Business Today 1145527431870800492.html
March quarter GDP growth to show drastic fall; brace for worse in Q1FY21 print

A note by ICICI Bank stated the country's March quarter GDP growth may come to 1.5 percent year-on-year (YoY).

29 May 00:00 Moneycontrol 1603024964984493095.html
Q4FY20 GDP estimates out today: What's in store for India's economy

Economists and analysts indicated that the GDP figures released today will only offer an assessment of the early damage caused by Covid-19 outbreak. They also expect a sharp economic decline in upcoming quarters.

29 May 05:20 India Today 4286117813650801898.html
Covid-19 lockdown: FY21 GDP growth rate forecasts pose a big worry

However on the extreme ends, Bernstein pegged fall in the gross domestic product (GDP) at 7 per cent and Asian Development Bank projected GDP growth at 4 per cent

29 May 18:05 Business-Standard 1502508925795278973.html
GDP growth likely be at 3.6% in Jan-Mar quarter, says Care Ratings; govt to release data today evening

The country's GDP growth is likely to be at 3.6 percent in January-March 2020 as economic activity came to a complete halt due to the countrywide lockdown imposed to contain the coronavirus outbreak, says a report

29 May 06:22 Firstpost 4760741711868037707.html
GDP data: Yet another huge knock for Modi govt's economic growth story

India's economic growth falls for a third successive year, fiscal deficit widens to 4.6%; agriculture and govt spending prevent further decline

29 May 14:37 Business-Standard 1502508924982393101.html
Crisis growing as GDP data signals weakening demand, growth impulses

India's economy was already slowing down before it entered the Covid-19 year of 2020-21, writes D K Srivastava.

29 May 14:46 Business-Standard 1502508926606139406.html
GDP growth slows to 3.1% in Q4 FY20 but is this the final estimate? Govt caveat leaves room for revision

Growth in the last quarter of FY 2020 has been the slowest since the global financial crisis more than a decade ago.

29 May 19:12 The Financial Express 1288289580268305774.html
Canada GDP in April fell a record 11% as COVID-19 shutters economy

Gross domestic product in March fell by 7.2 percent from February, the most severe month-on-month plunge ever, although the decline was less than the 9 percent predicted by analysts. Statscan said the March and April decreases were likely the largest-ever consecutive monthly declines.

29 May 00:00 Moneycontrol 1603024963977858061.html
What's the cost of Covid lockdown? Today’s GDP data will give an idea

To be sure, Indias growth was already at a six-year-low during the pre-lockdown period.

29 May 05:33 The Economic Times 7653256037626196390.html
GDP numbers: Data collection affected due to COVID-19 outbreak, says government

The GDP growth for FY2019-20 came in at 4.2 percent, against 6.1 percent in FY 2018-19.

29 May 00:00 Moneycontrol 1603024964002400698.html
Quarterly growth slides to 3.1 per cent, more pain feared

Worries centre around Covid surge, slow recovery

29 May 15:48 The Telegraph 2864094127792469017.html
Q4 GDP Highlights: Growth slows to 3.1%, hurt by lockdown, beats estimates; govt adds caveat

Q4 FY 2019-20 GDP growth estimates Highlights: India's economy grew at 3.1 per cent in Q4 of the last fiscal, beating street estimates.

29 May 14:55 The Financial Express 1288289581162791165.html
GDP numbers reinforce belief that economy is headed for recession: Analysts

While estimates varied across brokerages and economists, the common thread that ran through the estimates was the fact that the economy is headed towards a recessionary phase

29 May 14:36 Business-Standard 1502508926129762523.html
ET View: Even before Covid, economy was slumping

The government needs to fix the banks and create a functional bond market. This alone can raise the rate of investment. Gross fixed capital formation as a share of GDP was down to 26% in Q4 of 2019-20, and 26.9% for the year as a whole. Without raising it by six percentage points of GDP, India cannot shed its low growth trap.

29 May 14:23 The Economic Times 7653256036853689829.html
Canada’s economy saw record decline in March, with worse numbers forecast for April

Statistics Canada says GDP fell 7.2 per cent in March; the agency is forecasting a decline of 11 per cent in April as COVID-19 lockdowns took hold

29 May 13:18 The Globe and Mail 68426411143120148.html
Agriculture, mining saved Indian economy in FY20, can it sustain COVID-19 assault?

The impact of COVID-19 on Indian economy is yet to unravel; the 2019-20 GDP estimates, thus, hide more than they reveal on the state of economy in 2020-21

29 May 18:22 Business Today 1145527431643780825.html
Chancellor Rishi Sunak to outline changes to furlough scheme

29 May 08:28 22 articles

Chancellor Rishi Sunak to outline changes to furlough scheme

It comes after Boris Johnson announced a gradual easing of the lockdown in England.

29 May 08:28 Shropshire Star 3480199991824322834.html
Businesses Must Start Paying Towards Furlough Scheme From August, Chancellor Rishi Sunak Says

Changes to the Coronavirus Job Retention Scheme will enable businesses to bring back staff part time from July and introduce a taper requiring firms to contribute to...

29 May 18:00 Sputniknews 967333867945599410.html
Watch LIVE: Chancellor Rishi Sunak delivers update on furlough scheme

Watch the government's coronavirus daily public briefing.

29 May 16:38 LBC 8547475187197665690.html
Furlough latest - 3 announcements we're expecting from Chancellor Rishi Sunak today

On Friday, the Chancellor is expected to announce a raft of changes to the furlough scheme as the state subsidy is wound down for more than 8.4million workers

29 May 10:24 mirror 675785260724134869.html
Analysis: Chancellor of the Exchequer Rishi Sunak takes his first steps towards an uncertain destination

Rishi Sunak has been a relatively rare breed among UK Government ministers during the coronavirus crisis to date, in that his reputation seems to have been enhanced rather than ruined.

29 May 19:15 The Courier 4275302767514340866.html
Coronavirus: Rishi Sunak urged by MPs to extend self-employed help

A group of 113 MPs and a 100,000-strong petition warn ending a support scheme would cause hardship.

29 May 14:06 BBC News 3883826128597822331.html
Self-employed scheme extended as Chancellor details furlough changes

It comes after Boris Johnson announced a gradual easing of the lockdown in England, with friends and families able to meet in parks and gardens.

29 May 16:12 Shropshire Star 3480199992784638008.html
Coronavirus furlough scheme to be gradually withdrawn, Sunak says – video

The UK furlough scheme will start changing from August, and it  will come to an end in October, Rishi Sunak has said

29 May 17:43 the Guardian 1491978794439208520.html
Rishi Sunak's easing of the furlough may be the start of a painful era

We don't know the effects the coronavirus will have on the wider economy, so we can't know what scaling back government support will have.

29 May 00:00 New Statesman 903924181736639692.html
Sunak scales back furlough scheme as Covid-19 death toll reaches 38,161

British chancellor announces lower wage supports and plans to stem unemployment

29 May 19:00 The Irish Times 8204772968184724363.html
Chancellor tells coronavirus briefing UK furlough scheme 'cannot continue indefinitely'

Chancellor Rishi Sunak has warned the coronavirus furlough scheme "cannot continue indefinitely". Hosting the Government's daily coronavirus briefing, Mr Sunak outlined a timeline for employers to start to help pay the wages of workers furloughed during the crisis. From October, employers will be expected to make up 20% of the wages of furloughed staff - while the government makes up the remaining 60%. The Chancellor also announced an extension to the Self-Employment Income Support Scheme that had been due to expire on Sunday.

29 May 16:11 ITV News 2184971258289475193.html
Firms must pay 20 per cent of wages for furloughed staff from August, Rishi Sunak will say today as he starts to wind down massive bailout despite fears of a wave of redundancies

Chancellor Rishi Sunak will declare that businesses should start taking some of the burden despite fears of a wave of redundancies.

29 May 06:50 Mail Online 124328110550893646.html
Coronavirus: What changes have been announced to the furlough scheme and self-employed support?

Chancellor Rishi Sunak has announced new changes to the terms of the UK Government's support for workers and businesses during the coronavirus pandemic.

29 May 18:54 The Courier 4275302768468284901.html
Chancellor extends coronavirus support for self-employed but for the final time

Rishi Sunak confirmed the scheme would not be coming to an end and that the self employed would be able to claim a grant for the second and final time

29 May 16:09 mirror 675785259793435323.html
Coronavirus: Chancellor extends support for self-employed but warns of ‘hardship ahead’

Chancellor Rishi Sunak has extended support for self-employed workers and unveiled a new "flexible furlough" system for firms.

29 May 19:40 The Courier 4275302767396913906.html
Two million jobs could be lost by changes to the furlough scheme, experts warn

BRITAIN will be hit by as many as two million job cuts if the chancellor makes cuts to the furlough scheme, experts have warned. Rishi Sunak is this afternoon expected to announce employers will ne…

29 May 09:05 The Sun 7379604593167286406.html
Businesses told to start paying furlough bill from August

Chancellor Rishi Sunak unveiled plans for grants for freelancers of up to £6,570 which will also be available from that date.

29 May 16:16 Shropshire Star 3480199991461682133.html
Workers to start getting part of furlough payments from their companies

Chancellor Rishi Sunak announced that the self-employment support scheme has also been extended.

29 May 17:12 Metro 970161748829978389.html
Chancellor Rishi Sunak to outline changes to furlough scheme

It comes after Boris Johnson announced a gradual easing of the lockdown in England.

29 May 08:28 Express & Star 7324224459370500370.html
Businesses told to start paying furlough bill from August

Chancellor Rishi Sunak unveiled plans for grants for freelancers of up to £6,570 which will also be available from that date.

29 May 16:19 Jersey Evening Post 6141642773543263189.html
Businesses told to start paying furlough bill from August

Chancellor Rishi Sunak unveiled plans for grants for freelancers of up to £6,570 which will also be available from that date.

29 May 16:17 Express & Star 7324224459007859669.html
Self-employed scheme extended as Chancellor details furlough changes

It comes after Boris Johnson announced a gradual easing of the lockdown in England, with friends and families able to meet in parks and gardens.

29 May 16:12 Express & Star 7324224460330815544.html
How important is Hong Kong to China as a free finance hub?

29 May 00:00 19 articles

How important is Hong Kong to China as a free finance hub?

China still has extensive capital controls and often intervenes in its financial markets and banking system. Hong Kong is one of the world's most open economies and one of the biggest channels for equity and debt financing.

29 May 00:00 Moneycontrol 1603024964861033475.html
How important is Hong Kong to China as a free finance hub?

While China has reformed its markets over the years, over 60% of foreign direct investment (FDI) into and out of China continued to be channeled through Hong Kong as of 2018, according to Morgan Stanley.

29 May 08:15 The Economic Times 7653256037791915878.html
Stocks slip as markets await Trump’s Hong Kong response

Sino-US tensions outweigh optimism over re-opening.

29 May 04:43 Moneyweb 1092550948003994197.html
Explainer: How important is Hong Kong to China as a free finance hub?

Explainer: How important is Hong Kong to China as a free finance hub?

29 May 00:00 Investing.com 5710361976153450662.html
Explainer: How important is Hong Kong to China as a free finance hub?

Hong Kong is one of the world's most open economies and one of the biggest channels for equity and debt financing

29 May 08:53 Business-Standard 1502508926679069074.html
Explainer: How important is Hong Kong to China as a free finance hub?

HONG KONG (Reuters) - Bankers and investors fear China’s push to impose national security laws on Hong Kong threaten the city’s future as an international financial centre. If it gets to that stage, Beijing’s move will come at a cost for China’s economy.

29 May 08:32 Reuters 8334514179850264376.html
Stocks slip as investors await Trump's Hong Kong response

LONDON — Global stock markets fell and safe havens such as bonds and the Japanese yen gained on Friday, as investors awaited Washington’s response to China tightening control over the city of Hong Kong.

29 May 08:13 Financial Post 2379081493464431795.html
Hong Kong stocks end week with more losses

HONG KONG, May 29 — Hong Kong stocks finished with more losses today as traders nervously await Donald Trump’s news conference, in which he will set out the US response to China’s plans to impose a security law on the financial hub. The Hang Seng Index fell 0.74 per cent, or 171.29 points, to...

29 May 08:43 Malaymail 302165934961430597.html
Battle for Hong Kong Is Shifting to City’s Financial Markets

The struggle to maintain confidence in Hong Kong’s future is manifesting in its stock and currency markets.

29 May 08:36 Bloomberg.com 4032480122169782439.html
Wall Street retreats ahead of Trump's response on Hong Kong

Wall Street's main indexes fell on Friday as investors were on edge ahead of a U.S. response to China's national security law on Hong Kong that ...

29 May 19:00 CNA 5644198862263062855.html
Asian markets fall as new Chinese law puts Hong Kong’s future in doubt

Asian markets mostly fell in early trading Friday, ahead of a news conference by President Donald Trump regarding China.

29 May 03:13 MarketWatch 8975941548969900549.html
Asian Stocks Down as Investors Await Trump Action

Asian Stocks Down as Investors Await Trump Action

29 May 00:00 Investing.com 5710361975784103997.html
S&P 500 up in choppy action after Trump comments on China

Wall Street's main indexes fell on Friday as investors were on edge ahead of a U.S. response to China's national security law on Hong Kong that ...

29 May 19:00 CNA 5644198863924720196.html
Global stocks slip as markets await Trump's HK response

SINGAPORE, May 29 ― Asia's stock markets pulled back and major currencies were held in check today, as investors await the US response to China tightening control over the city of Hong Kong. China's parliament yesterday pressed ahead with national security legislation for the city, raising fears...

29 May 02:51 Malaymail 302165936440667508.html
Equities drop as Trump lines up China response

HONG KONG, May 29 — Equities mostly fell today after Donald Trump called a news conference for later in the day to outline his response to China’s plan to crack down on Hong Kong, which many fear could further increase tensions between the superpowers. The losses were being tempered, however,...

29 May 09:17 Malaymail 302165934650455768.html
Investors Skittish Ahead of Expected Sanctions on China

Wall Street is starting to feel the sting of U.S.-China tensions, as investors await President Trump’s announcement on potential sanctions later Friday.

29 May 13:52 Courthouse News Service 1799505150363622928.html
US-China tension to push Asian shares lower in choppy trade

All eyes are now on Friday's press conference hosted by Trump where he will address his response to China over its treatment of Hong Kong.

29 May 00:00 Moneycontrol 1603024964768579582.html
European stocks slide at open

European stock markets opened sharply lower Friday on simmering China-US tensions over Beijing's planned national security law for Hong Kong.

29 May 16:00 manilastandard.net 4715274785894722959.html
US Declaration Of (Cold) War

Stocks Analysis by Ed Yardeni covering: S&P 500, Dow Jones Industrial Average, ZTE Corp-H, S&P 500 Financials. Read Ed Yardeni's latest article on Investing.com

29 May 00:00 Investing.com 5710361976424023521.html
Greece to open to tourists from 29 countries from June 15

29 May 12:12 19 articles

Greece to open to tourists from 29 countries from June 15

Europe News: ATHENS: Greece said on Friday it will open to visitors from 29 countries from June 15, days before its peak tourism season begins.

29 May 12:12 The Times of India 6060938663585570988.html
Greece to open to tourists from 29 countries from June 15

ATHENS (Reuters) - Greece said on Friday it will open to visitors from 29 countries from June 15, days before its peak tourism season begins.

29 May 12:22 Reuters 8334514180411317766.html
Greece to open to tourists from 29 countries in June

Greece has said it will open to visitors from 29 countries from 15 June, days before its peak tourism season begins, although Ireland is not on the list of countries.

29 May 15:33 RTE.ie 7595237279033608721.html
Greece to allow visitors from 29 countries from June 15, but not UK

Greece listed 29 countries from where it will accept visitors as of June 15 as the Greek government looks to mitigate some of the financial damage from the coronavirus pandemic. The Greek Tourism Ministry said travellers from the permitted countries will be able to enter Greece on direct flights to Athens and to the northern city of Thessaloniki.

29 May 13:56 ITV News 2184971257594903162.html
Greece: Tourists from 29 countries can fly in as of June 15

Greece on Friday listed 29 countries from where it will accept visitors as of June 15 as the Greek government looks to mitigate some of the financial damage from the coronavirus pandemic.

29 May 00:00 The Washington Times 8941836442034552444.html
Greece to open airports to arrivals from 29 countries from June 15

Greece said Friday it would reopen its airports in Athens and Thessaloniki to arrivals from 29 countries from June 15, the start of the tourist season. Visitors would be allowed to fly into Greece from 16 EU countries, including Germany, Austria, Denmark, Finland, the Czech Republic, Baltic countries

29 May 14:42 Yahoo 7097669638726810227.html
Greece to open airports to arrivals from 29 countries from June 15

ATHENS: Greece said Friday it would reopen its airports in Athens and Thessaloniki to arrivals from 29 countries from June 15, the start of the tourist season. Visitors would be allowed to fly into Greece from 16 EU countries, including Germany, Austria, Denmark, Finland, the Czech Republic, Baltic countries, Cyprus and Malta, the tourism ministry said in a statement. But

29 May 14:22 Arab News 8912634263146007251.html
Greece to allow visitors from 29 countries next month, but not UK

Greece on Friday listed 29 countries from where it will accept visitors as of June 15 as the Greek government looks to mitigate some of the financial damage from the coronavirus pandemic.

29 May 12:42 independent 5894610845057693618.html
Greece to allow visitors from 29 countries next month, but not UK

The popular tourist destination was quick to impose a lockdown.

29 May 12:46 Jersey Evening Post 6141642773394909198.html
Greece open for travel from June 15th

The tourism ministry on Friday announced the list of countries for which Greece's borders will be "open" from June 15th, with flights permitted to land in

29 May 13:01 Greek City Times 1506177377752438103.html
Greece will open its borders next month to holidaymakers from 29 countries

The Greek Tourism Industry has today listed 29 countries from which holidaymakers will be welcomed back to Greece next week as the country...

29 May 15:30 Buzz.ie 7092425148370141039.html
Greece to accept tourists from 29 countries from mid-June - but Ireland is not on the list

The Greek government imposed an early lockdown, which is credited with limiting the spread of Covid-19.

29 May 15:17 TheJournal.ie 6446904418662389738.html
Greece will reopen to tourists from 29 countries beginning June 15, will conduct random testing

Greece will begin lifting its coronavirus lockdown for business and travel ahead of the peak summer tourism season, officials announced Friday.

29 May 19:00 Fox News 7362823820372984334.html
Greece Will Welcome Tourists Back, But Not Americans

Visitors from nearly 30 countries can travel to Greece as early as June 15

29 May 00:00 Forbes 6028587531128963984.html
Britain left off 'safe list' of countries free to holiday in Greece

UK fails to fit epidemiological profile demanded by Athens, which has kept Covid-19 in check

29 May 17:10 the Guardian 1491978796139238941.html
Greece bans Britons from going on holiday in the country when it reopens its borders on June 15 due to high level of UK coronavirus cases

While citizens of 29 other countries will be allowed to travel when Greece's airports reopen to tourists on June 15, the UK's number of coronavirus cases is still too high. Pictured, Mykonos.

29 May 13:27 Mail Online 124328112590668910.html
Greece to allow visitors from 29 countries next month, but not UK

The popular tourist destination was quick to impose a lockdown.

29 May 12:44 Express & Star 7324224458859505678.html
Greece: Tourists from 29 countries can fly in as of June 15

Greece on Friday listed 29 countries from where it will accept visitors as of June 15 as the Greek government looks to mitigate some of the financial damage from the coronavirus pandemic.

29 May 16:11 CTVNews 2422791597563059905.html
Greece to allow visitors from 29 countries next month

Greece on Friday listed 29 countries from where it will accept visitors as of June 15 as the Greek government looks to mitigate some of the financial damage from the coronavirus pandemic.

29 May 18:55 independent 5894610845529758187.html
COVID-19 pandemic: US consumer spending tumble in April

29 May 00:00 11 articles

COVID-19 pandemic: US consumer spending tumble in April

The Commerce Department said on Friday consumer spending, which accounts for more than two-thirds of U.S. economic activity, plunged 13.6 percent last month.

29 May 00:00 Moneycontrol 1603024964495244188.html
Coronavirus depresses U.S. consumer spending in April

U.S. consumer spending suffered another month of record decline in April as the COVID-19 pandemic undercut demand, buttressing expectations that the economy could contract in the second quarter at its steepest pace since the Great Depression. The Commerce Department said on Friday consumer spending,

29 May 13:03 Yahoo 7097669637980581976.html
Coronavirus depresses U.S. consumer spending in April

WASHINGTON (Reuters) - U.S. consumer spending suffered another month of record decline in April as the COVID-19 pandemic undercut demand, buttressing expectations that the economy could contract in the second quarter at its steepest pace since the Great Depression.

29 May 13:34 Reuters 8334514179704286533.html
Coronavirus depresses US consumer spending in April

WASHINGTON, May 29 — US consumer spending suffered another month of record decline in April as the Covid-19 pandemic undercut demand, buttressing expectations that the economy could contract in the second quarter at its steepest pace since the Great Depression. The Commerce Department said today...

29 May 15:30 Malaymail 302165935772082462.html
Can government stimulus programs boost consumer spending?

The world has been experiencing an unprecedented economic downturn due to the COVID-19 pandemic. A significant number of economic activities have shut down, causing contractions in global output, as well ...

29 May 16:11 phys.org 3476726123502330471.html
Government's stimulus program to boost consumer spending

The world has been experiencing an unprecedented economic downturn due to the COVID-19 pandemic. A significant number of economic activities have shut down. With increasing unemployment, economists are devising and proposing economic measures that could help ensure a sustainable increase in consumer spending and circumvent a long-term economic recession. However, whether the proposed economic measures are going to provide a long-term solution to these problems remains a concern.

29 May 04:00 EurekAlert! 8889232468082336633.html
Report: Consumer spending falls 13.6 percent despite stimulus handouts

May 29 (UPI) -- Consumer spending fell 13.6 percent in April despite personal income and disposable personal income increasing, the Bureau of Economic Analysis said Friday.

29 May 14:15 UPI 8257973865444498912.html
US consumer spending sinks by record 13.6% in face of virus

WASHINGTON — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.

29 May 14:03 KitchenerToday.com 52741009612073832.html
Coronavirus sinks U.S. consumer spending; savings hit record high

WASHINGTON (Reuters) - U.S. consumers cut spending by the most on record for the second straight month in April while boosting savings to an all-time high, and the growing frugality reinforced expectations the economy could take years to recover from the COVID-19 pandemic.

29 May 17:45 Reuters 8334514181156518659.html
Coronavirus sinks U.S. consumer spending; savings hit record high

By Lucia Mutikani WASHINGTON (Reuters) - U.S.

29 May 19:36 Firstpost 4760741711905642185.html
US consumer spending sinks by record 13.6% in face of virus

WASHINGTON — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.

29 May 14:03 KitchenerToday.com 52741010604468209.html
India's economy may have grown at slowest in 2 years during March quarter

29 May 01:53 11 articles

India's economy may have grown at slowest in 2 years during March quarter

The full impact of the lockdown on manufacturing and services will become more apparent in the June quarter, with Goldman Sachs predicting a 45% contraction from a year ago

29 May 01:53 Business-Standard 1502508925800783787.html
India's economy seen slowing rapidly in March quarter, with worse to come

Gross domestic product data out later on Friday is expected to show India's economy grew at its slowest pace in at least two years in the March quarter as the coronavirus pandemic weakened already declining consumer demand and private investment. The median forecast from a Reuters poll of economists

29 May 00:21 Yahoo 7097669637717529319.html
India’s economy seen slowing rapidly in March quarter, with worse to come

Economists expect worst financial contraction in four decades

29 May 04:08 The Globe and Mail 68426411471686560.html
India's economy seen slowing rapidly in March quarter, with worse to come

Gross domestic product data out later on Friday is expected to show India’s economy grew at its slowest pace in at least two years in the March quarter as the coronavirus pandemic weakened already declining consumer demand and private investment.

29 May 06:21 Bdnews24 8119004129304994366.html
India's economy seen slowing rapidly in March quarter, with worse to come

Gross domestic product data out later on Friday is expected to show India's economy grew at its slowest pace in at least two years in the March quarter as the coronavirus pandemic weakened already

29 May 08:11 Deccan Herald 2027555796108872763.html
Indian economy slows in March quarter, with worst to come

India's economy grew at 3.

29 May 19:54 Bangalore Mirror 4632149709034771469.html
Lockdown impact: Economy seen slowing rapidly in March qtr, with worse to come

The full impact of the lockdown on manufacturing and services will become more apparent in the June quarter, with Goldman Sachs predicting a 45% contraction from a year ago.

29 May 02:48 India Today 4286117813347177802.html
India quarterly growth worst in two decades as lockdown bites

MUMBAI, May 29 — India’s economy grew at its slowest pace in at least two decades last quarter, government data showed today, with warnings of far worse to come as it grapples with the fallout of the world’s largest coronavirus lockdown. Asia’s third-largest economy expanded by just 3.1 per...

29 May 14:36 Malaymail 302165936141142676.html
India quarterly growth worst in two decades as lockdown bites

India's economy grew at its slowest pace in at least two decades last quarter, government data showed Friday, with warnings of far worse to come as it grapples with the fallout of the world's largest coronavirus lockdown. The figures beat even gloomier forecasts, with Bloomberg News predicting

29 May 14:50 Yahoo 7097669638683885976.html
India quarterly growth worst in 2 decades as lockdown bites

India, Asia's 3rd largest economy, expands by just 3.1% in January-March 2020

29 May 15:15 Rappler 1882105643811355860.html
India had started to see green shoots before coronavirus hit us: FM Nirmala Sitharaman

Indian economy grew at 3.1% in the last quarter of FY 2019-20.

29 May 16:32 DNA India 7533428661184986592.html
NIO Limited (NIO) CEO William Li on Q1 2020 Results - Earnings Call Transcript

29 May 03:28 10 articles

NIO Limited (NIO) CEO William Li on Q1 2020 Results - Earnings Call Transcript

NIO Limited (NYSE:NIO) Q1 2020 Earnings Conference Call May 28, 2020 08:00 ET Company Participants Rui Chen - Director, Investor Relations William Li - Founder,

29 May 03:28 Seeking Alpha 5725634556409990605.html
The Toronto-Dominion Bank (TD) CEO Bharat Masrani on Q2 2020 Results - Earnings Call Transcript

The Toronto-Dominion Bank (NYSE:TD) Q2 2020 Earnings Conference Call May 28, 2020, 01:30 PM ET Company Participants Gillian Manning - Head, IR Bharat Masrani -

29 May 01:55 Seeking Alpha 5725634556381872060.html
Big Lots, Inc. (BIG) CEO Bruce Thorn on Q1 2020 Results - Earnings Call Transcript

Big Lots, Inc. (NYSE:BIG) Q1 2020 Earnings Conference Call May 29, 2020 08:00 ET Company Participants Andy Regrut - Vice President, Investor Relations Bruce Tho

29 May 18:50 Seeking Alpha 5725634556696650733.html
RYB Education Inc (RYB) CEO Yanlai Shi on Q1 2020 Results - Earnings Call Transcript

RYB Education Inc (NYSE:RYB) Q1 2020 Results Earnings Conference Call May 29, 2020 8:00 AM ET Company Participants Serena Xue - Investor Relations Yanlai Shi -

29 May 18:21 Seeking Alpha 5725634556131681324.html
PagSeguro Digital Ltd. (PAGS) CEO Ricardo Dutra on Q1 2020 Results - Earnings Call Transcript

PagSeguro Digital Ltd. (NYSE:PAGS) Q1 2020 Earnings Conference Call May 28, 2020 05:30 PM ET Company Participants Ricardo Dutra - Chief Executive Officer Eduard

29 May 01:05 Seeking Alpha 5725634557478251851.html
U.S. Bancorp (USB) CEO Andy Cecere Presents at Bernstein Strategic Decisions Conference (Transcript)

U.S. Bancorp (NYSE:USB) Bernstein Strategic Decisions Conference May 28, 2020 1:00 PM ET Company Participants Andy Cecere - Chief Executive Officer Terry Dolan

29 May 00:50 Seeking Alpha 5725634557643710221.html
Flex LNG Ltd (FLNG) CEO Oystein Kalleklev on Q1 2020 Results - Earnings Call Transcript

Flex LNG Ltd (NYSE:FLNG) Q4 2020 Earnings Conference Call May 28, 2020 09:00 AM ET Corporate Participants Oystein Kalleklev - CEO Harald Gurvin - CFO Conference

29 May 19:02 Seeking Alpha 5725634556328449075.html
Navigator Holdings' (NVGS) CEO Harry Deans on Q1 2020 Results - Earnings Call Transcript

Navigator Holdings Ltd. (NYSE:NVGS) Q1 2020 Earnings Conference Call May 29, 2020 9:00 AM ET Company Participants David Butters – Executive Chairman Harry Deans

29 May 19:48 Seeking Alpha 5725634556650452966.html
Modine Manufacturing's (MOD) CEO Tom Burke on Q4 2020 Results - Earnings Call Transcript

Modine Manufacturing Company (NYSE:MOD) Q4 2020 Earnings Conference Call May 29, 2020 9:00 AM ET Company Participants Kathy Powers – Vice President, Treasurer,

29 May 19:35 Seeking Alpha 5725634556464592221.html
DXC Technology Company (DXC) CEO Mike Salvino on Q4 2020 Results - Earnings Call Transcript

DXC Technology Company (NYSE:DXC) Q4 2020 Results Conference Call May 28, 2020 04:45 PM ET Company Participants Shailesh Murali - Investor Relations Mike Salvin

29 May 02:38 Seeking Alpha 5725634556401398511.html
Renault announces it is staying in F1

29 May 09:21 9 articles

Renault announces it is staying in F1

Renault is staying in Formula 1 for now.

29 May 09:21 Sports Mole 7750663361946820868.html
Renault Makes Like Nissan, Cuts Future Production, Spending, Jobs

The same week that Nissan outlined a supposedly sustainable path forward, alliance partner Renault did the same thing, revealing a blueprint for a streamlined business

29 May 19:46 The Truth About Cars 8594295341544333277.html
Renault to cut 15,000 jobs, save RM9.7 billion by 2024

Lots of movement in the Renault-Nissan-Mitsubishi Alliance lately, what with the reveal of a new business strategy and Nissan both posting severe losses

29 May 11:16 Paul Tan's Automotive News 7862472106882391314.html
We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

29 May 00:00 Investing.com 5710361974738730182.html
We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn. Faced with a slump in demand that has been exacerbated by the coronavirus pandemic, Renault detailed plans on Friday to find 2 billion euros ($2.22 billion) in savings over the next three years. "We thought too big in terms of sales," said interim Chief Exe

29 May 08:54 Autoblog 4372976972555997065.html
‘We thought too big,’ Renault says as it axes 15,000 jobs in cost-cutting reboot

Faced with a slump in demand that has been exacerbated by the coronavirus pandemic, Renault detailed plans on Friday to find 2 billion euros in savings over the next three years.

29 May 11:03 The Globe and Mail 68426410031045063.html
We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

PARIS, May 29 — Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn. Faced with a slump in demand that has...

29 May 13:35 Malaymail 302165934447216501.html
We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

PARIS (Reuters) - Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn.

29 May 13:01 Reuters 8334514179832803463.html
We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

PARIS (Reuters) - Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn.

29 May 13:01 Reuters 8334514181111796543.html
Stocks - Dow Notches Two-Month Winning Streak as Trump Stops Short on China

29 May 00:00 6 articles

Stocks - Dow Notches Two-Month Winning Streak as Trump Stops Short on China

Stocks - Dow Notches Two-Month Winning Streak as Trump Stops Short on China

29 May 00:00 Investing.com 5710361976433999741.html
Stocks - Wall Street Slips as U.S. Consumer Wobbles; Trump's China Speech Eyed

Stocks - Wall Street Slips as U.S. Consumer Wobbles; Trump's China Speech Eyed

29 May 00:00 Investing.com 5710361975529368971.html
S&P 500, Dow dip on jitters over Trump's China response

U.S. stock futures dropped on Friday as investors braced for President Donald Trump's response to China's national security legislation for Hong ...

29 May 19:00 CNA 5644198862561267725.html
Stocks Turn Positive After Trump Keeps Phase One China Trade Deal Intact

Trump took a more confrontational approach with China on Friday.

29 May 00:00 Forbes 6028587532349745703.html
US stocks slide as traders await Trump's China news conference

US stocks slipped on Friday ahead of President Donald Trump's news conference on China. US consumer spending in April also posted the biggest dr...

29 May 15:42 Business Insider 3364799147881206347.html
Stocks quickly cutting losses ahead of Trump's China press conference

Stocks were lower on Friday as traders braced for an upcoming news conference on U.S.-China relations from President Donald Trump.

29 May 18:16 Msn 1509165515618997939.html
Buy the Post-Earnings Dip in Canopy Growth Stock Now

29 May 17:08 6 articles

Buy the Post-Earnings Dip in Canopy Growth Stock Now

Canopy Growth's fourth-quarter earnings report was not good. But the big-picture trends remain favorable, and CGC stock will bounce back.

29 May 17:08 InvestorPlace 24614510364379114.html
Canopy Growth Earnings: CGC Stock Crashes 19% On Losses, Charges

Canopy Growth earnings has CGC stock taking a beating on Friday after the company reported major losses in multiple areas during the quarter.

29 May 18:36 InvestorPlace 24614509319582900.html
Canopy Growth Stock Is Still Among the Most Compelling Marijuana Plays

CGC stock is well-positioned to become a leader in the cannabis industry with its steady partnership with a beverage industry giant.

29 May 11:39 InvestorPlace 24614510498211832.html
Canopy Growth reports $1.3B fourth-quarter loss, hits reset on strategic focus

Canopy Growth Corp. is rethinking its first-to-every-market strategy after reporting a $1.3-billion loss in its fourth quarter.

29 May 12:27 CTVNews 2422791597603956903.html
Canopy Growth reports $1.3B fourth-quarter loss, hits reset on strategic focus

Canopy Growth Corp. is rethinking its first-to-every-market strategy after reporting a $1.3-billion loss in its fourth quarter. The Smith Falls, Ont.

29 May 14:51 KitchenerToday.com 52741009941289089.html
The world's largest marijuana company craters 22% as recreational pot demand sinks amid coronavirus pandemic (CGC)

Canopy Growth cratered as much as 22% on Friday after the company reported its fiscal fourth quarter earnings that missed analyst estimates. The...

29 May 19:45 Business Insider 3364799148234368408.html
Fiscal deficit widens to 4.6% of GDP in 2019-20, higher than revised estimates of 3.8%

29 May 15:03 5 articles

Fiscal deficit widens to 4.6% of GDP in 2019-20, higher than revised estimates of 3.8%

The country's fiscal deficit widened to 4.6 percent of the Gross Domestic Product in 2019-20 mainly on account of poor revenue realisation, according to official data

29 May 15:03 Firstpost 4760741712538412871.html
Fiscal deficit widens to 4.6% of GDP in 2019-20

The deficit, which signifies the gap between government revenue and expenditure, is higher than the revised estimate of 3.8 per cent for the fiscal.

29 May 19:25 The Financial Express 1288289579895716729.html
Fiscal deficit for 2019-20 at 4.6%

The Controller General of Accounts (CGA) on Friday reported fiscal deficit for 2019-20 at 4.6 per cent of the GDP as against 3.8 per cent projected in the revised estimate. Fiscal deficit for the fir

29 May 16:19 BusinessLine 5283600131233669.html
Fiscal deficit widens to 4.6% of GDP in FY20 on poor revenue realisation

The deficit, which signifies the gap between government revenue and expenditure, is higher than the revised estimate of 3.8 per cent for the fiscal

29 May 14:03 Business-Standard 1502508925908976117.html
At 4.6% of GDP, last year's fiscal deficit breached FRBM Act escape clause

The total revenue for FY20 was Rs 17.5 trillion, or 90.6 per cent of revised estimates of Rs 19.32 trillion, compared with 91.4 per cent for the same period last year.

29 May 15:21 Business-Standard 1502508926199171531.html
Airlines issue travel vouchers to avert refunds

29 May 00:05 5 articles

Airlines issue travel vouchers to avert refunds

HARD hit by loss of business due to Covid-19 induced travel restrictions, airlines are issuing travel vouchers to passengers who purchased advance tickets and encouraging them to reschedule their flights instead of cancelling. A number of airlines have posted on their online platforms or websites while some have contacted passengers who booked with them before March when most of the flights were suspended, advising them to re-book for future using the same tickets. Some of the airlines are offering vouchers of the same value with the ticket held by the passengers for future use. Aviation is one of the sectors worst affected by the global pandemic with revenue losses estimated at around more than US$200 billion this year. The International Air Transport Association (IATA) has estimated a US$23 billion potential revenue loss by carriers in Africa and Middle East, with Middle East expected to lose US$19 billion and Africa US$4 billion this year. Aviation experts fear some airlines might collapse due to liquidity…

29 May 00:05 Chronicle 6294247024549535725.html
Ryanair customers could be waiting up to six months for refunds

It will take three to six months for Ryanair to get through the backlog of refunds of cancelled flights.

29 May 19:09 Irishexaminer 8196011179707508060.html
Feds won't force airline ticket refunds for COVID-19 cancellations

The federal government is signalling that it won't force airlines to offer refunds to ticket holders for flights cancelled during the COVID-19 pandemic.

29 May 12:43 City NEWS 1130 5858657120229646685.html
Feds won't mandate refunds

The federal government is not committing to a bailout of the Canadian airlines sector - but is also not planning to require air carriers to refund ticket holders for the flights cancelled during the COVID pandemic as some consumers have requested.

29 May 11:43 Castanet 616068603119071911.html
Careful When Booking Covid Flights - Some Aren’t Real

Some airlines may be selling tickets for flights they have no intention of operating, in order to lock customers into time-limited vouchers.

29 May 00:00 Forbes 6028587532343462147.html
Tata-Mistry battle: Supreme Court to hear Cyrus Mistry's plea for Tata Sons board position

29 May 12:25 5 articles

Tata-Mistry battle: Supreme Court to hear Cyrus Mistry's plea for Tata Sons board position

The apex court's final order in the matter will be important as the dispute has now boiled down to two key issues --a board position for the minority shareholder Shapoorji Pallonji group and turning back Tata Sons into a public limited company from private

29 May 12:25 Business Today 1145527432623891635.html
SC issues notice to Tata Sons on cross-appeal of Mistry group firm against NCLAT order

The top court had on January 10 granted relief to Tata group by staying the National Company Law Appellate Tribunal (NCLAT) order of December 18 last year, by which Mistry was restored as the executive chairman of the salt-to-software conglomerate.

29 May 00:00 Moneycontrol 1603024965187653233.html
SC issues notice to Tata Sons on cross-appeal of Mistry group firm against NCLAT order

A bench of Justices A S Bopanna and Hrishikesh Roy in Friday's proceedings, held through video-conferencing, also issued notice on the cross-appeal of Cyrus Investment Pvt Ltd and tagged the plea with that of TSPL.

29 May 19:01 The Financial Express 1288289580751809479.html
Apex court to hear Mistry’s plea for seat on Tata Sons board

The Supreme Court on Friday agreed to hear ousted Tata Group Chairman Cyrus Mistry’s petition seeking a “proportionate” representation for Shapoorji Pallonji Group (SP Group) on Tata Sons board.The SP

29 May 14:05 BusinessLine 5283600208135237.html
SC issues notice to Tata Sons on cross-appeal of Mistry group firm against NCLAT order

The top court had on January 10 granted relief to Tata group by staying the National Company Law Appellate Tribunal (NCLAT) order of December 18 last year, by which Mistry was restored as the executive chairman of the salt-to-software conglomerate.

29 May 15:14 The Indian Express 2885715105264797198.html
UK plans new 5G club of 10 democracies, including India: Report

29 May 13:45 5 articles

UK plans new 5G club of 10 democracies, including India: Report

A so-called 'D10' club of democratic partners, including G7 countries – UK, US, Italy, Germany, France, Japan and Canada – plus Australia, South Korea and India will aim to create alternative suppliers of 5G equipment and other technologies to avoid relying on China

29 May 13:45 Livemint 6614605817749459893.html
UK plans new 5G club of 10 democracies, including India: Report

The move to speed up such a club comes as the UK launched an inquiry into Huawei's involvement in the country's mobile network upgrade in the wake of US sanctions against the company.

29 May 13:37 The Economic Times 7653256036439054144.html
UK plans new 5G club of 10 democracies, including India, says report

The group will aim to create alternative suppliers of 5G equipment and other technologies to avoid relying on China

29 May 19:30 Business-Standard 1502508926400566455.html
UK plans new 5G club of 10 countries, including India, to reduce reliance on China, says report

The British government has approached the US with the prospect of creating a 5G club of 10 democracies, including India, amid growing security concerns related to Chinese telecom giant Huawei, according to a UK media report.

29 May 14:46 Firstpost 4760741712043073515.html
UK plans new 5G club of 10 democracies, including India: Report

The move to speed up such a club comes as the UK launched an inquiry into Huawei's involvement in the country's mobile network upgrade in the wake of US sanctions against the company.

29 May 19:14 The Financial Express 1288289581360039216.html
EUR/USD: Four reasons for a correction

29 May 07:36 5 articles

EUR/USD: Four reasons for a correction

EUR/USD has hit 1.11 – the highest since March – amid hopes for EU stimulus, dollar weakness but the sharp run may be followed by a temporary rethink

29 May 07:36 FXStreet 4480975638875060674.html
EUR/USD climbs to 2-month tops beyond 1.1100

The upside momentum in the shared currency remains everything but abated on Friday and is now lifting EUR/USD to fresh tops in levels beyond 1.1100 th

29 May 09:09 FXStreet 4480975639361415870.html
EUR/USD: The trend is positive but a setback is on the cards

Another day, another round number smashed – at 1.11, the world's most popular currency pair is trading at the highest since March while Friday's four-

29 May 07:18 FXStreet 4480975638643350717.html
EUR/USD: Balance of risks shifting in favour of stronger euro – MUFG

Analysts at MUFG Bank point out the EUR/USD pair finally broke above the 1.1000 level and argue the current advance was built on firmer foundations. T

29 May 19:14 FXStreet 4480975639932534680.html
EUR/USD options market bias has flipped bullish, risk reversals show

On Thursday, EUR/USD one-month risk reversals (EUR1MRR) crossed above zero or flipped bullish to euro calls – the first positive reading since March 1

29 May 03:23 FXStreet 4480975639972696322.html
Costco to resume free samples in June

29 May 14:54 5 articles

Costco to resume free samples in June

Costco's CFO said resuming sampling is important in making customers excite to return to Costco stores.

29 May 14:54 Fox 4 8372747777693386138.html
Costco to bring back free samples next month – but it's not going to be like it was

"It's not going to be where you go and just pick up an open sample with your fingers," said Costco's CFO.

29 May 12:12 Fox News 7362823820288598760.html
Costco to bring back free samples – but it’s not going to be like it was

Don’t expect it to be the same free-food free-for-all you were used to, Costco shoppers. After temporarily discontinuing the practice in early March, Costco is planning to once again offer free

29 May 18:41 New York Post 7654946767467591566.html
Costco to resume free samples in June

Costco's CFO said resuming sampling is important in making customers excite to return to Costco stores.

29 May 19:54 ABC Action News - WFTS - Tampa Bay 5911730202825393562.html
Costco to resume free samples in June

Costco's CFO said resuming sampling is important in making customers excite to return to Costco stores.

29 May 19:54 ABC15 Arizona 911680910642578842.html
Pradhan envisages home delivery of petrol, CNG

29 May 11:55 4 articles

Pradhan envisages home delivery of petrol, CNG

“The government has already started mobile dispensers for diesel.”

29 May 11:55 The Hindu 6679535024984439283.html
Dharmendra Pradhan envisages home delivery of petrol, CNG

After doorstep delivery of diesel, the government is looking at starting home delivery of petrol and CNG for the greater convenience of customers, Oil Minister Dharmendra Pradhan said on Friday.

29 May 17:21 Deccan Herald 2027555796387077925.html
Govt is looking at starting home delivery of petrol, CNG: Pradhan

Indian Oil Corp (IOC), the nation's largest fuel retailer, started home delivery of diesel through a mobile dispenser in 2018. This service is available only in a handful of cities.

29 May 19:14 Business-Standard 1502508925373549939.html
Home delivery of petrol, CNG: Govt mulling new retailing model to make all fuels available at one place

The minister said city gas network of CNG supplies to automobiles and piped cooking gas to kitchens will soon cover 72 per cent of the country's population.

29 May 17:39 The Financial Express 1288289579641344531.html
Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

29 May 00:00 4 articles

Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

India's economic growth slowed to 3.1 percent in January-March and to an 11-year low of 4.2 percent for the full fiscal 2019-20 amid a drop in consumption and investment.

29 May 00:00 Moneycontrol 1603024964199471251.html
Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

'We had forecast that GDP for Q4 will touch a new low at below 4 per cent. It has turned out to be worse at 3.1 per cent. It is a telling commentary on the economic management of the BJP government,' he tweeted.

29 May 14:25 Oneindia 2023829370827307807.html
Low Q4 growth telling commentary on economic mismanagement of BJP govt: P Chidambaram

"Remember, this is pre-lockdown. Of the 91 days of Q4, lockdown applied to only 7 days," the former finance minister said.

29 May 14:48 The Economic Times 7653256038431495213.html
‘Telling commentaryon BJP management’: Cong hits out after dip in GDP growth rate

Congress leader and former finance minister P Chidambaram blamed the government’s economic management for the new low in GDP growth.

29 May 19:43 The Indian Express 2885715104989300264.html
The 5 Best 5G Stocks on the Market Today for Investors

29 May 16:31 4 articles

The 5 Best 5G Stocks on the Market Today for Investors

From chipmakers to wireless networks, these 5G stocks offer potential investors a few different angles to play the upcoming 5G rollout.

29 May 16:31 InvestorPlace 24614510710842246.html
The 9 Best Cheap Stocks to Fill Up On Now

Due to the devastation of the coronavirus, cheap stocks are a dime a dozen. However, these nine ideas may offer significant upside.

29 May 12:33 InvestorPlace 24614509259873798.html
7 5G Stocks to Buy for the Future of Telecom

Sure, many investors are still obsessing over the coronavirus, but it's time to invest in the future. That's why these 5G stocks are buys now.

29 May 11:50 InvestorPlace 24614511023480498.html
Don’t Miss the RCL Stock Rally

With a good deal of fear priced into RCL stock, investors should act before they miss the recovery of share prices.

29 May 19:50 InvestorPlace 24614510453145316.html
U.S. Incomes Soared 10.5% in April and Saving Rate Hit Highest Level Ever

29 May 13:46 4 articles

U.S. Incomes Soared 10.5% in April and Saving Rate Hit Highest Level Ever

Government payments boosted income in April but Americans shut in their homes spent nearly $2 trillion less than they had a month earlier. | Economy

29 May 13:46 Breitbart 3148363490937828060.html
Consumer Spending Fell 14% In April, Led By Much Lower Food Expenses

Disposable incomes rose by 13%, lifted by federal coronavirus relief efforts, but a lot of this extra cash ended up in savings accounts.

29 May 14:00 The Motley Fool 2231313658963173508.html
Surge in U.S. Incomes Masks Fragile Situation for Many Americans

April’s record plunge in U.S. consumer spending came with an unexpected twist: a record surge in Americans’ incomes, which had been forecast to decline amid massive job losses.

29 May 18:07 Bloomberg.com 4032480122125979259.html
US consumer spending sinks by record 13.6% in face of virus

Even with employers cutting millions of jobs, personal incomes soared 10.5 per cent in April, reflecting billions of dollars in support through government payments in the form of unemployment aid and stimulus checks.

29 May 19:32 The Financial Express 1288289581476026653.html
Income Tax Return: Filing ITRs to become easy as CBDT notifies new Form 26AS

29 May 19:09 4 articles

Income Tax Return: Filing ITRs to become easy as CBDT notifies new Form 26AS

Form 26AS contains details of tax deducted, tax paid and tax deposited along with some other taxable income, like interest on FD etc, on which tax has not been deducted.

29 May 19:09 The Financial Express 1288289581311146679.html
Income tax dept revises Form 26AS; now includes real estate, share transaction details

It will also assist the taxpayers to identify and take corrective action, in case any incorrect information/ detail is reported in Form 26AS

29 May 02:55 Business Today 1145527431544834329.html
Got Cryptocurrency? Get Ready For An IRS Audit

The IRS is hiring cryptocurrency experts to assist in virtual currency audits, a clear signal those audits will be on the rise.

29 May 00:00 Forbes 6028587530694344444.html
Soon Form 26AS to disclose more details from high-value deposits, expenditure to investments

Under the tax law, banks, mutual funds, companies and registrar, etc are supposed to furnish details of high value transactions

29 May 17:06 Business Today 1145527430702233365.html
Why CBN slashed monetary policy rate - Official

29 May 19:03 4 articles

Why CBN slashed monetary policy rate - Official

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has explained why it slashed the monetary policy rate, popularly called lending rate, from 13.5 per cent to 12.5 per cent.

29 May 19:03 Premium Times Nigeria 5456729301166694600.html
Analysts welcome reduction of lending rate by CBN

Financial analysts on Friday said the reduction of the monetary policy rate from 13.5 to 12.5 per cent, as announced by the Central Bank of Nigeria would

29 May 13:01 Premium Times Nigeria 5456729301195852637.html
Ex-CBN director lauds MPC over interest rate reduction

A financial expert, Dr Titus Okunrounmu, has commended the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) for reducing the interest rate by one-percentage-point from 13.5 per cent.

29 May 10:59 The Guardian 7580308505399080232.html
Access Bank plans more loans for health care - The Nation Nigeria

Access Bank Plc is set to disburse loans through the Central Bank of Nigeria (CBN) credit support scheme to boost the pharmaceutical and healthcare...

29 May 06:17 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900604553237.html
India's economic growth dips during coronavirus pandemic

29 May 15:32 4 articles

India's economic growth dips during coronavirus pandemic

NEW DELHI — India’s economy grew by 4.2% in the fiscal year that ended in March, down from 6.1% the previous year, the government said Friday, and is likely to contract this year because of the coronavirus pandemic. The growth dipped to 3.1% in January-March, the last quarter of the fiscal year, as the country …

29 May 15:32 City NEWS 1130 5858657120943357375.html
India's economic growth dips during coronavirus pandemic

NEW DELHI (AP) — India’s economy grew by 4.2% in the fiscal year that ended in March, down from 6.1% the previous year, the government said Friday, and is likely to contract this year because of the coronavirus pandemic.The growth dipped to 3.1% in January-March, the last quarter of the fiscal year, as the country began feeling the effect of the pandemic, the Ministry of Statistics and Program Implementation said.It said in a statement that the estimate may be revised as more data is gathered from businesses affected by a nationwide lockdown imposed on March 25 that is currently scheduled to end on Sunday. The government has not yet said whether it will be extended.The main opposition Congress party said that 4.

29 May 17:52 THE OKLAHOMAN 7193318761778053876.html
India's economic growth dips drastically during coronavirus pandemic

Indian economy grew by 4.2% in fiscal year ending March, down from 6.1% previous year

29 May 19:06 Gulf News 2086521544262826399.html
S&P: Indian economy will shrink by 5% in FY21 due to coronavirus crisis

In its latest report, S&P Global Ratings predicted India’s economy to contract 5% in the current fiscal year (FY2021), as the coronavirus pandemic con

29 May 05:29 FXStreet 4480975638307427644.html
Instacart’s tip-baiting system is short-changing shoppers, senators say

29 May 15:14 3 articles

Instacart’s tip-baiting system is short-changing shoppers, senators say

Congress wants regulators to get involved.

29 May 15:14 The Verge 1337119303192358814.html
Senators ask FTC to investigate Instacart over 'tip baiting'

A group of US senators has called on the FTC to investigate Instacart and other grocery delivery services for allowing 'tip baiting' that stiffs couriers.

29 May 17:59 Engadget 96641515800444925.html
US Senators Ask FTC To Crack Down On ‘Tip Bait’ On Instacart

Four U.S. senators are asking the Federal Trade Commission to look at possibly "misleading" and "unfair" tipping practices on Instacart and other services.

29 May 19:33 PYMNTS.com 7357138825333861426.html
Williams-Sonoma Earnings: WSM Stock Rallies 14% Following Q1 Topper

29 May 19:02 3 articles

Williams-Sonoma Earnings: WSM Stock Rallies 14% Following Q1 Topper

Williams-Sonoma (WSM) earnings for the retail company's first quarter of the year have WSM stock heading higher on Friday.

29 May 19:02 InvestorPlace 24614509810787854.html
Zscaler Earnings: ZS Stock Soars 26% on Strong Q3 Beats

Zscaler (ZS) earnings for the cloud security company's fiscal third quarter of 2020 have ZS stock flying higher on Friday.

29 May 18:12 InvestorPlace 24614510491616865.html
Here's Why Zoom Stock Has Been Soaring -- and What to Expect Going Forward

Following a more than doubling of its stock over the last six months, expectations are high going into the videoconferencing company's earnings report next week.

29 May 16:28 The Motley Fool 2231313657223672555.html
NSE: Market capitalisation closes upbeat, rises N53bn

29 May 19:46 3 articles

NSE: Market capitalisation closes upbeat, rises N53bn

The key performance indicators of the Nigerian Stock Exchange (NSE) closed the last trading day of May with 0.40 per cent growth.

29 May 19:46 Premium Times Nigeria 5456729300363134242.html
Neimeth’s share price rises by 114.6% in 2 months

Neimeth International Pharmaceuticals Plc’s share price rose by 9.57 per cent to N1.03 per share on Thursday at the Nigerian Stock Exchange (NSE)....

29 May 06:05 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900043425010.html
Equity market records N29bn loss

Johnson Okafor Trading activities on the floor of the Nigerian Stock Exchange fell by 0.22 per cent on Thursday to halt its gaining streak as market speculators began profit-taking. Consequently,...

29 May 04:07 Punch Newspapers 3524240993914380002.html
IndiGo appoints Venkataramani Sumantran as independent director

29 May 13:58 3 articles

IndiGo appoints Venkataramani Sumantran as independent director

India Business News: NEW DELHI: Venkataramani Sumantran, the chairman and managing director of Chennai-based Celeris Technologies, has been appointed the independent direc.

29 May 13:58 The Times of India 6060938662952439946.html
IndiGo appoints Venkataramani Sumantran as independent director

Venkataramani Sumantran, the chairman and managing director of Chennai-based Celeris Technologies, has been appointed the independent director of IndiGo, the airline said on Friday. Sumantran will

29 May 19:24 Deccan Herald 2027555796852437069.html
Sumantran joins IndiGo board

The board of directors of InterGlobe Aviation Ltd. (IndiGo) has appointed Venkataramani Sumantran as an independent director for a period of five years.Dr. Sumantran, with experience of over 35 year

29 May 17:17 The Hindu 6679535026274568347.html
MBBS fee hike in Punjab: ‘It seems govt wants to make studying medicine unaffordable for the poor’

29 May 07:01 3 articles

MBBS fee hike in Punjab: ‘It seems govt wants to make studying medicine unaffordable for the poor’

The critics also lashed out at the decision to increase the fee at a time when doctors are at the frontline fighting the Covid-19 pandemic, calling the move "shameful".

29 May 07:01 The Indian Express 2885715104836119357.html
Punjab Govt hikes MBBS fee by 80%; Twitter says 'will discourage brilliant students from poor families'

29 May 11:23 Free Press Journal 9080771787966395103.html
Govt. notifies fee structure for PG medical and dental courses

Quota rule will be followed in admissions: regulatory panel chief

29 May 19:00 The Hindu 6679535024237946728.html
SpaceX loses another Starship prototype in massive explosion

29 May 19:51 3 articles

SpaceX loses another Starship prototype in massive explosion

The fourth Starship is no more

29 May 19:51 The Verge 1337119303710158948.html
SpaceX Starship test vehicle explodes moments after test-firing

A full-size prototype of SpaceX’s Starship violently exploded in South Texas moments after a test-firing of its Raptor engine Friday, dealing a setback to the company’s next-generation reusable rocket program.

29 May 00:00 Spaceflightnow 836874142799998930.html
SpaceX Starship Launch Insurance Requirement Jumps To $198 Million

Aerospace manufacturer SpaceX was granted a license for suborbital flights by the FAA yesterday, which included new insurance costs.

29 May 13:54 Wccftech 3677959679283942906.html
Sinn Féin draft plans for affordable housing scheme

29 May 05:00 2 articles

Sinn Féin draft plans for affordable housing scheme

Amid reports of a stalemate of housing in government formation talks, Sinn Féin has sent a draft circular to all local authorities which it says will bring clarity to providing public housing.

29 May 05:00 Irishexaminer 8196011178552437595.html
Homes for less than €230,000 could be bought under proposed SF scheme

Party has sent five-page proposal to local authorities and other stakeholders

29 May 19:56 The Irish Times 8204772968264380300.html
ED attaches Rs 385 crore assets of Agusta middleman Rajiv Saxena

29 May 19:19 2 articles

ED attaches Rs 385 crore assets of Agusta middleman Rajiv Saxena

The Enforcement Directorate on Friday said it has attached assets, including five Swiss bank accounts, worth Rs 385.44 crore of Rajiv Saxena, a middleman in the AgustaWestland VVIP choppers money

29 May 19:19 Deccan Herald 2027555796061206854.html
ED attaches `385-cr assets of Agusta middleman Rajiv Saxena

PTI New Delhi The Enforcement Directorate (ED) on Friday said it has attached assets, including five Swiss bank accounts, worth Rs 385.44 crore of Rajiv S

29 May 15:50 The Navhind Times 3656927213916511600.html
GRAINS-Corn, soybeans slide on U.S.-China tensions

29 May 16:31 2 articles

GRAINS-Corn, soybeans slide on U.S.-China tensions

* Corn dips after four day climb, Midwest weather risks for wheat* Soybeans curbed by U.S.-China tensions after 2-week high (New throughout, changes byline, previous dateline PARIS/SYDNEY)By Christopher WalljasperCHICAGO, May 29 (Reuters) - U.S. corn and soybean futures fell on Friday as percolating U.S.-China trade tensions over Beijing's proposed restrictions on Hong Kong put a damper on the markets after a week of positive movement, with U.S. President Donald Trump expected to address the situation later on Friday.

29 May 16:31 Successful Farming 8502642053226945830.html
GRAINS-Corn, soybeans slide on U.S.-China tensions

* Corn dips after four-day climb, Midwest weather risks for wheat* Soybeans curbed by U.S.-China tensions after two-week high (Updates closing prices)By Christopher WalljasperCHICAGO, May 29 (Reuters) - U.S. corn and soybean futures fell on Friday as escalating U.S.-China tensions over Beijing's proposed restrictions on Hong Kong dampened markets after a week of gains.Three sources told Reuters China may reduce U.S. agricultural imports if Washington issues a severe response to Beijing's push to impose national security laws on Hong Kong.

29 May 19:55 Successful Farming 8502642053880985567.html
Nearly 1.5m payment holidays handed out by banks and lenders

29 May 10:32 2 articles

Nearly 1.5m payment holidays handed out by banks and lenders

UK Finance, the banking trade body, said it has now helped 30 million customer accounts during the coronavirus crisis.

29 May 10:32 Shropshire Star 3480199992435412658.html
UK lenders approve almost 1.5m holidays for card and loan payments

Requests to freeze accounts among distressed borrowers continues to grow

29 May 19:35 Ft 707176888178799319.html
Canopy Growth Corporation (CGC) CEO David Klein on Q4 2020 Results - Earnings Call Transcript

29 May 19:36 2 articles

Canopy Growth Corporation (CGC) CEO David Klein on Q4 2020 Results - Earnings Call Transcript

Canopy Growth Corporation (NYSE:CGC) Q4 2020 Results Conference Call May 29, 2020 10:00 AM ET Company Participants Judy Hong - VP, IR David Klein - CEO Mike Lee

29 May 19:36 Seeking Alpha 5725634556539118589.html
Medtronic plc (MDT) CEO Geoff Martha presents at Bernstein 36th Annual Strategic Decisions Conference (Transcript)

Medtronic plc (NYSE:MDT) Bernstein 36th Annual Strategic Decisions Conference May 29, 2020 09:00 AM ET Company Participants Geoff Martha - Chief Executive Offic

29 May 19:45 Seeking Alpha 5725634558064563047.html
EHang Holdings Limited (EH) CEO Huazhi Hu on Q1 2020 Results - Earnings Call Transcript

29 May 19:47 2 articles

EHang Holdings Limited (EH) CEO Huazhi Hu on Q1 2020 Results - Earnings Call Transcript

EHang Holdings Limited (NASDAQ:EH) Q1 2020 Results Conference Call May 29, 2020 08:00 AM ET Company Participants Julia Qian - Managing Director of the Blueshirt

29 May 19:47 Seeking Alpha 5725634556930942713.html
TerrAscend Corp. (TRSSF) CEO Jason Ackerman on Q1 2020 Results - Earnings Call Transcript

TerrAscend Corp. (OTCQX:TRSSF) Q1 2020 Earnings Conference Call May 29, 2020 08:30 ET Company Participants Jason Ackerman - Chief Executive Officer Jason Wild -

29 May 17:37 Seeking Alpha 5725634556199181155.html
Tencent in talks to buy Warner Music stake: report

29 May 19:25 2 articles

Tencent in talks to buy Warner Music stake: report

The listing by the world’s third-largest recording label could potentially be the largest New York IPO so far in 2020.

29 May 19:25 The Globe and Mail 68426411474095389.html
Tencent in talks to buy Warner Music stake: WSJ

(Reuters) - Chinese internet giant Tencent Holdings Ltd (0700.HK) is in talks to invest $200 million in Warner Music Group, ahead of the record company's slated initial public offering next week, the Wall Street Journal reported here on Friday.

29 May 18:48 Reuters 8334514181122399776.html
Consumer discretionary stocks in the spotlight as U.S. economy reopens

29 May 12:53 2 articles

Consumer discretionary stocks in the spotlight as U.S. economy reopens

A gradual lifting of lockdowns in some states has stirred hopes for a bounce back for the retailers that make up much of the sector

29 May 12:53 The Globe and Mail 68426410564748733.html
Wall Street Week Ahead: Investors eye consumer discretionary stocks as US reopens

Investors are taking a closer look at the market's consumer discretionary companies as a reopening U.S. economy fuels hopes of a turnaround for ...

29 May 19:10 CNA 5644198863289028465.html
How to Ride a Multi-Bagger Opportunity in Virgin Galactic Stock

29 May 19:21 2 articles

How to Ride a Multi-Bagger Opportunity in Virgin Galactic Stock

Virgin Galactic remains an excellent speculative play and an even better holding with a well-conceived spread in SPCE stock.

29 May 19:21 InvestorPlace 24614509751646230.html
Why Virgin Galactic Is Still Dreaming of Space Travel

Although the markets are turning positive, several fundamental factors are conspiring against Virgin Galactic.

29 May 18:44 InvestorPlace 24614510716630660.html
US Dollar Index Index Price Analysis: DXY ends the week near 10-week lows

29 May 19:37 2 articles

US Dollar Index Index Price Analysis: DXY ends the week near 10-week lows

DXY dropped to the 98.20/98.00 support zone while under below the main SMAs. If the market can find some footing here, the index might rebound. However, a brea

29 May 19:37 FXStreet 4480975639780384218.html
US Dollar Index Price Analysis: Interim support emerges at 97.87

DXY came under further pressure and is now navigating t he area of multi-week lows in the 98.00 neighbourhood. Sellers now look to have regained the u

29 May 12:14 FXStreet 4480975639202910801.html
COVID-19 shock on Nigeria, multiple ― Buhari

29 May 04:16 2 articles

COVID-19 shock on Nigeria, multiple ― Buhari

President Muhammadu Buhari on Thursday said that the shocks of the ravaging COVID-19 pandemic on Nigeria especially on its economy.

29 May 04:16 Vanguard News 4125100340331048775.html
How to beat COVID-19, by Buhari - The Nation Nigeria

President Muhammadu Buhari has said the support of developed countries and international financial organisations to poorer countries ...

29 May 19:00 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900793044832.html
Bangladeshi eggplant farmers reap rewards via genetics

29 May 04:00 2 articles

Bangladeshi eggplant farmers reap rewards via genetics

Farmers in Bangladesh achieved significantly higher yields and revenues by growing insect-resistant, genetically engineered eggplant, a new Cornell study has found.

29 May 04:00 EurekAlert! 8889232469296364613.html
Bangladeshi eggplant farmers reap rewards via genetics

Farmers in Bangladesh achieved significantly higher yields and revenues by growing insect-resistant, genetically engineered eggplant, a new Cornell study has found.

29 May 19:53 phys.org 3476726124139982172.html
France's coronavirus new deaths and cases slow down

29 May 18:43 2 articles

France's coronavirus new deaths and cases slow down

PARIS (Reuters) - France’s coronavirus deaths rose by less than 100 for the ninth day running on Friday and new confirmed cases slowed again as the country gears up for easing lockdown.

29 May 18:43 Reuters 8334514180400006400.html
France's coronavirus new deaths and cases slow down

France is to allow restaurants, bars and cafes to reopen from June 2 - though with more restrictions in Paris than elsewhere.The French health ministry said the number of fatalities rose by 52, or 0.2%, to 28,714, the fourth highest in the world

29 May 19:41 Livemint 6614605819362049626.html