The EXIM Bank provides financial assistance to exporters and importers with a view to promoting the country's international trade. In view of the COVID-19 pandemic, however, global trade contracted sharply and global financial markets have turned highly volatile and risk averse, especially to emerging market economies (EMEs). … [Read more...] about COVID-19 impact: RBI announces measures to support foreign trade
Foreign trade policy para 5
MobiKwik CEO Bipin Preet Singh said Google removed the app from the Play Store as it had a link to the Aarogya Setu app. Singh told Gadgets360 that the company had received a warning from Google a week ago for promoting the Aarogya Setu app, after which it said the warning was a mistake. Despite this, Google removed MobiKwik from the Play Store. … [Read more...] about Aarogya Setu link | Google Play removes MobiKwik for violating ads policy
"According to executives, Sikka's product mindset did not work for the company and eventually led to his departure. Then came Parekh’s appointment at a time the company was looking for an executive who would bring in stability," said Pareekh Jain, founder, Pareekh Consulting. … [Read more...] about Wipro’s new CEO: Can foreign executives succeed in Indian IT firms?
Q) We saw some short covering in banking space – what were the factors behind the move, and do you think the rally will last?A) The sudden rally in the banking space on Wednesday (May 27) can be attributed to short covering. Foreign Portfolio Investors (FPIs) have been net sellers in Indian equities for the past three months and prior to May 28th expiry, FPIs dived in, which led to the momentum in the banking stocks. … [Read more...] about ‘GDP numbers are largely discounted by D-St; Nifty could make an attempt to touch 10K’
Modi 2.0: Five stocks more than doubled while 20 rose over 50% in first year of Modi's second stint In pics | Modi government 2.0 completes 1 year; BJP to hold virtual rallies to mark the achievement Plea opposes DU's open book online exam for final-year UG, PG students; HC seeks university stand … [Read more...] about Modi 2.0: High logistics costs mar shipping industry as it awaits clearance of Major Ports Bill