BLOG

China’s import and export growth accelerated in August despite disruptions due to the spread of the coronavirus’s delta variant. Exports rose 25.6% over a year earlier to 294.3 billion, up from July’s 18.9% growth, customs data showed Tuesday. Imports rose 33.1% to 236 billion, up from the previous month’s 28.7%. That came despite lingering disruptions in industrial production chains due to last year’s global economic shutdown and a renewed rise in infections in the United States and some other markets that have dampened consumer sentiment. China has so far defied…

 Equity benchmark Sensex jumped over 250 points in early trade to scale the 58,000-level for the first time on Friday, led by gains in index majors Reliance Industries, Kotak Bank and ICICI Bank amid a positive trend in global markets and sustained foreign fund inflows. Similarly, the broader NSE Nifty too crossed the 17,300-mark in the opening session. The 30-share Sensex was trading 250.75 points or 0.43 per cent up at its lifetime high of 58,103.29, and Nifty advanced 67.65 points or 0.39 per cent to record 17,301.80 in initial…