Business

China's factory activity expanded at the fastest pace in nearly a decade in July as domestic demand continued to improve after the coronavirus crisis, though export orders and employment remained weak, a private business survey showed on Monday.

In contrast, the market valuation of Tata Consultancy Services (TCS) jumped Rs 47,054.91 crore to Rs 8,56,463.05 crore..

Gold rose on Friday, trading near its all time peak, as a sliding dollar and dire economic numbers from far and wide sparked a rush to safety in bullion, which is on course for its biggest monthly gain in over four years.

The S&P 500 and Dow gave up early gains on Friday as concerns about the economic damage from the COVID19 pandemic replaced early euphoria from stunning quarterly earnings reports by Apple, Amazon.com and Facebook.

The Finance minister also said that the decision on reducing GST rates on the healthcare and other products will be taken by the GST Council.

Chinese gold dealers were forced to offer the steepestever discounts this week as physical demand plunged, while the Indian market flipped to a premium again.

A Swiss court has convicted a banker for failing to sound the alarm over millions of dollars linked to scandaltainted Malaysian sovereign wealth fund 1MDB.

Putting an item under a restricted category of imports means the importer of that commodity will have to seek licence from the commerce ministry's DGFT for imports. China is the largest exporter of TV sets in India.

Exxon Mobil Corp is preparing deep spending and job cuts, according to people familiar with the matter, as it fights to preserve a 8% shareholder dividend with a multibilliondollar quarterly loss looming.

Wall Street fell on Thursday following a historic contraction in secondquarter GDP and a tweet by President Donald Trump floating the possibility of delaying the U.S. November presidential elections.

During a bluesky moment in 2018 near the end of a decadelong economic expansion, it was the United States that helped pull the world along as the extra cash from tax cuts and government spending flowed through domestic and global markets.

Yum Brands Inc said on Thursday online orders surged in the second quarter as more people ordered pizzas and tacos while under coronavirus lockdowns, driving betterthanexpected sales and profit for the restaurant operator.

U.S. economic growth slowed a bit more than previously estimated in 2019 as the sugar high from the Trump administration's $1.5 trillion in tax cuts faded over the final year of a recordlong expansion that came to an abrupt end in February in the face of...

Global shares fell on Thursday as the Federal Reserve's pledge to use all its tools to support the U.S. economy failed to reassure investors uneasy about a stalemate on fiscal support and rising coronavirus cases.

The report is based on a survey of 225 CXOs across industries to assess the impact of the COVID-19 crisis.

According to a report by SAP Concur, 69 per cent of Indian employees believe their productivity has increased while working from home.