Contracting for the sixth straight month, India's exports slipped 12.66 percent to $22.7 billion in August, on account of decline in the shipments of petroleum, leather, engineering goods and gems and jewellery items, according to the government data released on September 15. … [Read more...] about India’s August exports fall 12.66%, imports contract 26%; trade deficit narrows to $6.77 billion
Import
N95 mask price rise: Manufacturers blame supply crunch, officials say no transparency: Report
Imported technical textiles is the key raw material for N95 masks, but supplies from Germany and the United States has fallen, leaving them reliant on a single-source alternative – Japan, which will “likely be more expensive,” Mahesh Kudav, director, Venus Safety said, adding that existing stocks will last only 10 days, making the price rise “inevitable.” … [Read more...] about N95 mask price rise: Manufacturers blame supply crunch, officials say no transparency: Report
PUBG Mobile ban | Akshay Kumar launches combat game FAU-G, hails PM Modi’s Atmanirbhar Bharat
Dayanidhi MG, co-founder, and CEO of the gaming publisher said: "We have in-depth experience in different genres specially mid-core games. We managed genre-defining MOBA games like Vainglory of SuperEvil Megacorp for the worldwide audience. We have also worked with global studios like Rovio. We have an experienced team and is constantly expanding to bring the best talent together to create games that Indian gamers can relate to while playing." … [Read more...] about PUBG Mobile ban | Akshay Kumar launches combat game FAU-G, hails PM Modi’s Atmanirbhar Bharat
IndusInd Bank deposits shrink by 10-11%, brokerages see tough road ahead
The brokerage has a “buy” recommendation on the stock, with a revised target price of Rs 630, valuing the bank at 1.1 times FY21E ABV/1 time FY22E ABV. Emkay said the key risks to its call are higher-than-expected NPA formation and a further deceleration in loan growth. … [Read more...] about IndusInd Bank deposits shrink by 10-11%, brokerages see tough road ahead
Canada’s Ontario Teachers’ partners with Edelweiss Group to invest $350 million in Indian private credit
Gillian Brown, Senior Managing Director, Capital Markets at Ontario Teachers’ said, “We are pleased to enter into a long-term partnership with Edelweiss Group, which has a proven track record and demonstrated ability to originate, underwrite, structure and realize on private credit investments in India. This partnership will further expand our presence in, and provide additional insights on, the important Indian market.” … [Read more...] about Canada’s Ontario Teachers’ partners with Edelweiss Group to invest $350 million in Indian private credit
