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Monday, August 31, 2020

GDP collapses 23.9% in Q1, worst among big economies

India’s economy posted its steepest contraction on record in the April-June quarter of the current fiscal year as the strict lockdowns imposed to ward off the spread of the deadly coronavirus infection stalled economic activity, shut out consumption and investment and led to job and income losses. In April-June, it suffered a contraction for the first time since India began maintaining quarterly records.

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Xiaomi is ‘as Indian as one can get’, says MD Manu Jain



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US strategy is to push back against China in every domain, says official



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Texas Tech athletics cuts 40 jobs, pay for 198 employees

Texas Tech is eliminating 40 positions in athletics, more fallout from the hard times brought on to college sports by the COVID-19 pandemic.

      


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Inside the NBA bubble: Best of the 2020 playoffs

The NBA is back and the march to the 2020 championship is on inside the bubble campus at Disney World in Orlando.

      


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At Rs 47,000 crore, FPIs buy record stocks in August

Bucking the trend of selling in most emerging market equities, foreign fund managers have been buying in India in August. The chief reason is the sensex that was rising through the month, prompting mainly exchange-traded funds (ETFs) to buy in the domestic market.

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Jimmy Butler scores playoff career-high 40 points as Heat lights up Bucks in Game 1

For the second consecutive series, the Bucks dropped Game 1. But the stakes are higher now. Miami is better than Orlando, the Bucks' first-round foe.

      


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Los Angeles Chargers safety Derwin James expected to miss 2020 season after knee injury, per reports

The Los Angeles Chargers were dealt a devastating injury blow when it was learned that safety Derwin James will miss the 2020 season.

      


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Michael B. Jordan says he wishes he 'had more time' with 'big brother' Chadwick Boseman

Michael B. Jordan says he's "been trying to find the words" to express how he feels about losing his "big brother," Chadwick Boseman.

      


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Jimmy Butler scores playoff career-high 40 points as Heat lights up Bucks in Game 1

For the second consecutive series, the Bucks dropped Game 1. But the stakes are higher now. Miami is better than Orlando, the Bucks' first-round foe.

      


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