Tag: business news live
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Japan’s economy shrank
(Rishitha Jaladi, Intern Journalist)Japan: The Japanese economy was hit by its biggest economic contraction on record in the second quarter due to the ongoing COVID-19 pandemic, according to AP citing government data released on Monday. Economy Minister Yasutoshi Nishimura said the government will take “flexible, timely” action to recover from the impact. Japan’s economy shrank…
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Zero Net Debt Target Expected ahead of March 2021.
(Pooja Pal, Intern Journalist): Mukesh Ambani’s target to reach zero net debt regarding oil, telecom, and retail conglomerate expected ahead of March 2021. Asia’s richest man-Mukesh Ambani has hastened the timeframe to annihilate $21billion in net debt at his Reliance Industries Ltd., looking for to repeal cynicism that emerged as consultations to vend a stake…