Top headlines: China protests India's new FDI rules, Mallya loses UK appeal

From businesses seeing a fall in optimism to Donald Trump planning to Vijay Mallya losing UK High Court appeal in the extradition case. Here are top headlines of the day

Business optimism index falls to record low, worse than 2009 crisis: Report

Business optimism for the ongoing April-June quarter has slumped to a record low level, reflecting the plunge in business sentiment owing to the heightened uncertainty around the impact of Covid-19, according to a report. The Dun & Bradstreet Composite Business Optimism Index stood at 49.40 per cent for Q2 2020 (April-June), a record low and worse than during the 2009 financial crisis. The index registered a decrease of 37 per cent as compared to the year-ago period. Read More

Mumbai, Pune, Indore: 11 places where the