Economy 1629 May12:0014:0016:0018:0020:00
ESAF Small Finance Bank Q4 PBT up 42% at Rs 74 cr, income rises 32%

29 May 15:21 2 articles

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
ESAF Small Finance Bank Q4 PBT up 42% at Rs 74 cr, income rises 32%

Full-year PBT doubles to Rs 256.26 crore from Rs 127.18 crore

29 May 15:26 Business-Standard 1502508926521345408.html
India GDP growth dips to 3.1 pc in Jan-Mar; 4.2 pc in 2019-20

29 May 15:04 2 articles

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
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
When will shops in malls open? Commerce Ministry clarifies after Piyush Goyal meets traders

29 May 15:01 2 articles

When will shops in malls open? Commerce Ministry clarifies after Piyush Goyal meets traders

Issues of retail traders were discussed in a meeting between Commerce and Industry Minister Piyush Goyal on Thursday with representatives of traders associations through video conferencing.

29 May 15:01 The Financial Express 1288289581394739034.html
Low demand, high inventory; housing sector facing its worst: CREDAI head

Shah said that interest subvention is the "need of the hour"

29 May 15:20 Business-Standard 1502508925989600952.html
Newcastle reveal they have almost doubled profits in last 12 months and Mike Ashley paid for Sports Direct advertising

29 May 15:03 1 article

Newcastle reveal they have almost doubled profits in last 12 months and Mike Ashley paid for Sports Direct advertising

The latest Newcastle United club have accounts have been published

29 May 15:03 ChronicleLive 1984146901630359770.html
Market watch: KSE-100 rises despite rupee depreciation

29 May 15:29 1 article

Market watch: KSE-100 rises despite rupee depreciation

Benchm­ark index gains 235.81 points to settle at 33,931.23

29 May 15:29 The Express Tribune 1105816787636584991.html
Google reportedly rescinds 2,000 contract worker jobs

29 May 15:24 1 article

Google reportedly rescinds 2,000 contract worker jobs

Google said it would slow hiring "given that we are faced with a global crisis of uncertain depth and duration."

29 May 15:24 The Verge 1337119303948678182.html
ZTE 5G NR and UME system receive ISO/IEC 27701 Privacy Information Management System certificate

29 May 15:08 1 article

ZTE 5G NR and UME system receive ISO/IEC 27701 Privacy Information Management System certificate

PRESS RELEASE: ZTE Corporation, today announced that it has received the ISO/IEC 27701:2019 certificate, which ...

29 May 15:08 Mobile World Live 2109488011409854672.html
Vodafone-Idea clarifies on reports of Google seeking to buy equity stake, here’s why the stock fell 15%

29 May 15:31 1 article

Vodafone-Idea clarifies on reports of Google seeking to buy equity stake, here’s why the stock fell 15%

Cash-strapped telecom major Vodafone-Idea has clarified that its Board is currently not considering any proposal for investment in the comping, a day after The Financial Times reported that internet giant Google could pick up a 5% equity stake in the firm.

29 May 15:31 The Financial Express 1288289581510191022.html
Renault to cut 15,000 jobs in ‘vital’ cost-cutting plan

29 May 15:06 1 article

Renault to cut 15,000 jobs in ‘vital’ cost-cutting plan

Production capacity will be cut to 3.3m by 2024 from 4m vehicles currently

29 May 15:06 Gulf News 2086521544679207469.html
Instacart’s tip-baiting system is short-changing shoppers, senators say

29 May 15:14 1 article

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
Economy needs support from PSBs: Union Bank chief

29 May 15:17 1 article

Economy needs support from PSBs: Union Bank chief

Speaking at a webinar session organised by the BCCI, Rai said that there will be a shift of credit growth in favour of the PSBs, adding that depositors will expect an interest rate of 5.5 per cent.

29 May 15:17 The Financial Express 1288289581102605242.html
Volkswagen Pumps $2.2 Billion Into China EV Operations, Expands Cooperation With Ford

29 May 15:54 1 article

Volkswagen Pumps $2.2 Billion Into China EV Operations, Expands Cooperation With Ford

Earlier this month, Volkswagen announced it was rethinking its plan to use its SEAT brand to spearhead its electric vehicle efforts in China. It wasn't exactly clear at that time what the company's Plan B was. Certainly it was not abandoning its China plans, was it? This week, that question has been answered. The company

29 May 15:54 CleanTechnica 1065744424723918661.html
India GDP growth slows to 3.1% in Q4 as Covid-19 lockdown hits economy

29 May 15:42 1 article

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
OYO sales down to half amid COVID-19; Ritesh Agarwal explains why future holds little respite too

29 May 15:15 1 article

OYO sales down to half amid COVID-19; Ritesh Agarwal explains why future holds little respite too

Coronavirus has put a spanner in the growth of the otherwise stellar performing unicorn startups of the world with homegrown OYO now saying that the sales of the company have come down to half in the past few weeks.

29 May 15:15 The Financial Express 1288289579783812687.html
‘Not an Asset Class’ Bitcoin Spiked by 100,000,000% Since 2011

29 May 15:00 1 article

‘Not an Asset Class’ Bitcoin Spiked by 100,000,000% Since 2011

Goldman Sachs is missing the fact that Bitcoin has provided an unprecedented 100,000,000% return on investment since 2011.

29 May 15:00 Bitcoinist.com 1696346936614313425.html
Texting while driving continuing to increase in Canada: report

29 May 15:59 1 article

Texting while driving continuing to increase in Canada: report

Canadians are continuing distracted driving practices while behind the wheel.

29 May 15:59 mobilesyrup 1267416332428357176.html