Budget 2020

China blue-chips end higher as profits at industrial firms grow

SHANGHAI: China’s blue-chip index inched up on Monday, as industrial firms posted profit growth for a fourth straight month in August, pointing to a continued recovery in the world’s second-largest economy from the coronavirus crisis. The blue-chip CSI300 index rose 0.3%, to 4,581.91, while the Shanghai Composite Index slipped 0.1% to 3,217.53. Profits at China’s […]

Budget 2020

38.71 lakh EPF members withdrew ₹44k crore since lockdown: Labour Minister

Labour Minister Santosh Gangwar said in a written reply to the Rajya Sabha that the withdrawals also include COVID-19 claims As many as 38,71,664 employees provident fund (EPF) withdrawal claims worth ₹44,054.72 crore were settled since March 25, Parliament was informed on Monday. The government had imposed the nationwide lockdown on March 25, 2020, to […]