Wednesday, June 3, 2020

Australia is in recession as economy reels from coronavirus and bushfires: Treasurer Josh Frydenberg

Australia is in recession as economy reels from coronavirus and bushfires: Treasurer Josh Frydenberg According to the Australia Bureau of Statistics, Gross domestic product (GDP) grew just 1.4 percent in the 12 months to March 31 as the economy took a hit from the bushfires and the beginning of the coronavirus crisis.

from Moneycontrol Business News https://ift.tt/2AxsrRR

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D-St surges 1% on reports govt to cut tax on foreign bond bets

Indian stock markets surged on Thursday. The Nifty and Sensex saw significant gains. This rise was driven by reports of a potential tax cut ...