China’s industrial output, retail sales dip amid US trade tensions | International Trade News

Despite slowdown, data points to reliance of Chinese economy in the face of Donald Trump’s tariffs. China’s industrial output and retail sales growth have slowed amid trade tensions with the United States. Factory output grew 6.1 percent year-on-year in April, down from a 7.7 percent rise in March, data released by China’s National Bureau of Statistics showed…

Arrested ex-UCO Bank chief got illegal gratification in loan fraud case, says ED

Kolkata, May 19 (IANS) Subodh Kumar Goel, the former chairman and managing director (CMD) of Kolkata-headquartered public sector commercial bank, UCO Bank, who was arrested by Enforcement Directorate (ED) last week, received “illegal gratification” from a corporate entity which was the principal beneficiary in a bank loan forgery case. The ED issued a statement on…

How to boost unfavourable productivity metrics

Every business cares about productivity, or at least they should. Productivity is arguably one of the most important factors for your success as a business, since it measures how effectively you can convert inputs to outputs. Productive organisations produce more, spend less, and ultimately make bigger profits with fewer errors and hiccups along the way….