The country's imports too declined 26 percent to $29.47 billion in August, leaving a trade deficit of $6.77 billion, compared to a shortfall of $13.86 billion in the same month last year, as per the data. Oil imports declined by 41.62 percent to $6.42 billion in the month under review. … [Read more...] about India’s August exports fall 12.66%, imports contract 26%; trade deficit narrows to $6.77 billion
Imports
N95 mask price rise: Manufacturers blame supply crunch, officials say no transparency: Report
“Since the companies refused to share any details with us, we began surveying the factories on Thursday (September 3). We also asked the sales tax department to help us. Both the public health department and sales tax officials are part of the verification drive,” the official said. … [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
— Akshay Kumar (@akshaykumar) September 4, 2020The actor said that not only will FAU-G support Prime Minister Narendra Modi’s vision of Aatmanirbhar Bharat but also help the family of martyrs. Twenty percent of the game’s net proceeds will be donated to the ‘Bharat Ke Veer Trust’ set up by the Ministry of Home Affairs. … [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
"We estimate credit cost to remain elevated over the next few quarters while lower our business growth assumptions. We thus cut our FY20 and FY21 earnings by 13 percent and 22 percent, respectively, and estimate the bank to deliver FY21E RoA and RoE of 1.7 percent and 14.3 percent, respectively. We reduce our target price to Rs 800 which corresponds to 1.3 times forward ABV," Motilal Oswal said. … [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
Edelweiss Standalone June 2020 Net Sales at Rs 68.09 crore, down 56.74% Y-o-Y India's top contract maker of room ACs Amber Enterprises targets Rs 500 crore QIP in September Edelweiss withdraws from LIC pre-IPO advisor selection over concerns of conflict of interest … [Read more...] about Canada’s Ontario Teachers’ partners with Edelweiss Group to invest $350 million in Indian private credit
