Business

The latest data is part of a report released by the National Statistical Office (NSO) on Tuesday.

As in many parts of the world, drastic changes in climatic conditions have also been observed in India and these include impact on onset and withdrawal dates of monsoon and the incidence of extreme events, the central bank said in its annual report.

Credit Suisse could cut up to 500 jobs in its Swiss banking business as it seeks to generate 100 million Swiss francs ($110 million) in annual savings through a new digitallyfocussed retail banking strategy reducing its branch footprint.

India's ICICI Bank Ltd has begun using satellite images of farmland to help assess farmers' creditworthiness, a move the bank says is helping cut travel costs and make faster lending decisions in a world hit by the COVID19 pandemic.

Asian stock markets were mostly higher on Tuesday after the U.S and China indicated progress in trade talks, and as hopes of new coronavirus treatments boosted broader sentiment among global investors.

Following news the US Food and Drug Administration (FDA) on Sunday authorised use of an experimental COVID-19 treatment, the broad-based S&P 500 jumped 1.0 percent to end the session at 3,431.28.

A group of tech companies and automakers including Ford Motor Co , Honda Motor Co Ltd and Daimler AG on Monday urged the U.S. Federal Trade Commission to seek an appeal after its loss in a case against chip supplier Qualcomm Inc .

Shares of 18 companies surged on their ChiNext debut on Monday, kicking off a historic reform that will see Shenzhen officially challenge Shanghai for tech listings, while adding fuel to a "technology war" with the United States.

Equity markets gained for a second straight session on Monday as hopes for a coronavirus treatment boosted risk assets and markets geared up for the U.S. Federal Reserve's annual Jackson Hole meeting later in the week.

Gold prices fell on Monday as risk sentiment improved after the U.S. drug regulator authorised the use of blood plasma from recovered COVID19 patients as a treatment option, while the dollar held firm.

Hong Konger Winnie Tong aims to move to Britain with her family in two years, but is stalling on plans to buy a house there after prices jumped almost 15% since April.

According to a regulatory filing by the company, GIC Pvt Ltd on account of Government of Singapore (GOS) and Monetary Authority of Singapore (MAS) sold a total of 93.30 lakh shares, amounting to 0.97 per cent stake in ZEEL on August 20.

A look at some of the key business events and economic indicators upcoming this week:

The notification also provides that in case businesses do not provide Aadhaar number, then GST registration would be granted only after physical verification of the place of business.

U.S. oil producers on Saturday evacuated more workers from offshore Gulf of Mexico platforms as two tropical storms took aim at the major oilproducing region.

The Trump administration's efforts to require airlines to collect contact tracing information from U.S.bound international passengers has stalled, five people briefed on the matter told Reuters on Friday, adding such a mandate is unlikely this year.