India's weak manufacturing PMI for July one of the worst globally : Bulletin: Business Today
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India's weak manufacturing PMI for July one of the worst globally

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BusinessToday.In | August 5, 2020

Gold worth over Rs 80 lakh seized from passengers at Chennai Airport; two arrested

Gold worth over Rs 80 lakh was seized in separate incidents at the airport in Chennai over the past two days and two people who arrived by repatriation flights were arrested in this connection. In the first incident, the sleuths, acting on a tip, examined a passenger on his arrival from Dubai today and recovered Rs 15.60 lakh gold concealed in his inner garment.

In another incident on Monday night, gold in paste form weighing 1.2 kg worth Rs 66.73 lakh was seized from two passengers.

Jim Farley to lead Ford with CEO Jim Hackett set to retire

Ford Chief Operating Officer Jim Farley will lead the storied automaker into the future starting Oct. 1 when current CEO Jim Hackett retires.

The company has struggled in recent years and is in the midst of an $11 billion restructuring plan designed to make it leaner and crank out new vehicles to replace what was an aging model lineup.

Ayodhya Ram Mandir Bhoomi Pujan Live Updates: PM Modi leaves for Ayodhya, to reach at 11:30 am

Airtel expands 4G footprint in Ladakh; incorporates rural pockets of Leh, Kargil

Over a dozen remote villages in the twin districts of Leh and Kargil in the Union Territory of Ladakh got their first 4G experience on Tuesday over Bharti Airtel's ultra-fast network, a company spokesperson said. Airtel was the first operator to launch the 4G services in Ladakh and has the widest 4G footprint in the region.

India's weak manufacturing PMI for July one of the worst globally

India's latest manufacturing output contracted at a quicker pace than in June but it improved for most countries in July. Amid prolonged closures, business conditions continued to deteriorate as the country's purchasing managers' index (PMI) for manufacturing went down to 46 in July from a smart recovery in June at 47.2.

Trump says coronavirus under control, 'It is what it is'

President Donald Trump said the coronavirus outbreak is as under control as it can get in the United States, where at least 155,000 people have died amid a patchy response to the public health crisis that has failed to stem a rise in cases. The Republican president continued to press for U.S. schools to reopen in an overnight Twitter post, and defended his administration's response to the virus in an interview.

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