Teji Mandi: Three things investors should know on August 31st, 2020

Teji MandiUpdated: Monday, August 31, 2020, 09:40 AM IST
article-image
Teji Mandi: Three things investors should know on August 31st, 2020 | Pixabay

#Teji- Japan, South Korea's industrial output rises in July

Japan’s factory output rose for a second straight month in July, signalling a gradual recovery from the blow delivered by the coronavirus pandemic. Ministry of Economy, Trade and Industry (METI) data showed Japan’s industrial output grew 8.0% in July from the previous month.

South Korea’s factory output also grew for a second straight month in July. Industrial production in July rose by a seasonally-adjusted 1.6% from a month earlier, Statistics Korea said on Monday, down from 7.2% in June.

#Mandi- India's Q1 GDP data likely to be announced today:

The National Statistical Office (NSO) will release the GDP data for the April-June period of FY21 on Monday. GDP data is expected to be the worst among G-20 countries.

So far, the UK economy has seen the biggest slump in June quarter GDP among the top 20 economies of the world, with a 21.7% year-on-year plunge - its the deepest recession on record.

#Teji- August rainfall highest in 44 years: IMD

India has received the highest rainfall in August in the last 44 years, IMD data shows. Until August 28, the month recorded a 25% surplus rainfall. It has also surpassed the previous highest rainfall in August, which was recorded in 1983. In that year, August had recorded a 23.8% excess rainfall.

(To receive our E-paper on whatsapp daily, please click here. To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Amravati: Umesh forwarded messages on Nupur Sharma in Whatsapp groups, says victim's brother

Amravati: Umesh forwarded messages on Nupur Sharma in Whatsapp groups, says victim's brother

Udaipur beheading: 4 accused thrashed by lawyers outside Jaipur court; watch video

Udaipur beheading: 4 accused thrashed by lawyers outside Jaipur court; watch video

Shiv Sena to take signed affidavits of honesty from MLAs, Corporator and office bearers

Shiv Sena to take signed affidavits of honesty from MLAs, Corporator and office bearers

Mumbai: Man gets 1-month jail for holding hand, asking cousin to marry him

Mumbai: Man gets 1-month jail for holding hand, asking cousin to marry him

Udaipur beheading: Congress says one of main accused ‘BJP member’

Udaipur beheading: Congress says one of main accused ‘BJP member’