"In view of the importance of exports in earning foreign exchange and in providing income and employment; and of imports in bringing in essential requirements of raw materials, intermediates, finished goods and technology, measures are being taken to support the foreign trade sector." it said. … [Read more...] about COVID-19 impact: RBI announces measures to support foreign trade
State owned foreign trade unitary enterprise belspetsvneshtechnika
“We need to provide an amicable environment where a balance is created between the rights of workers and the demands for doing business ... wage security, safety and social security for workers and simple, transparent compliance mechanism to the industry so that it is a win-win …” he said. … [Read more...] about Centre not to approve state amendments to labour laws in ‘current form’: Labour minister
In Wipro, after CEO Vivek Paul's exit in 2005, Azim Premji assumed the role for three years till 2008. Between 2008 and 2011, the company was led by Girish Paranjpe and Suresh Vaswani, both of them old-timers, who quit in 2011 on grounds of personal reasons. By then, Wipro's growth began to slump. … [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’
'See Brent crude at $50 a barrel in 2021 only if there's no mass second wave of COVID-19' Keep these three things in mind as uncertainty looms large on D-Street Modi 2.0: Five stocks more than doubled while 20 rose over 50% in first year of Modi's second stint … [Read more...] about Small & mid-caps underperform Nifty, but over 100 stocks rose 10-30% in a week