Basmati rice exports to Iran, New Delhi's top buyer of the aromatic grain, dropped to 600,000 tonnes in the eight months from 900,000 tonnes a year earlier, but traders, worried about delayed payments, have not signed any new contracts with Tehran in the past five days, the sources said. … [Read more...] about India’s rice exports fall sharply as sanctions delay payments from Iran
“Despite India having advantages to attract investment in terms of demographics, cost, right location, we need to harness the right set of incentives and guidelines as investors are still looking at India and sitting on fence actually to invest or not. We should also focus more on the component segment, if we really want the OEMs to bring in and any kind of help in components will definitely bring down the whole price in the cost segment and backward integretion of the entire supply chain,” said Gupt. … [Read more...] about Experts discuss FDI investments in India, what more needs to be done
Many transactions still show up without being cleansed from the all-caps raw feed of a credit-card statement: “SLING TV – ENGLEWOOD, CO,” not “Sling TV.” It still miscategorizes too many transactions, like when Mint sees a ski area and a gas station with “Liberty” in their names and decides a lift ticket was a $58 tank of gas. Viewing and exporting records within a set date range—essential to tax prep—requires hand-editing a Mint URL. You still can’t merge Mint and TurboTax accounts, so every spring I endure a laborious import/export ordeal. It’s as if Mint, with 13 million-plus registered users, were a resource-constrained startup instead of a property of Intuit, the Microsoft of personal finance. But more than a decade after the firm behind TurboTax and QuickBooks (and, until 2016, Quicken) bought Mint for $170 million, neatly taking a competitor off the map, this once-groundbreaking app might as well be streaked … [Read more...] about What the hell happened to Mint?
Japan's economy ground to a near halt in July-September and is likely to have contracted in the final quarter of last year as global trade tensions knocked exports. BOJ officials are counting on a rebound in global growth that would underpin the export-reliant economy.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Gloomy economic outlook overshadowed BoJ’s December meeting
Siemens on January 24 said it has inked an agreement to acquire 99 per cent equity in New Delhi-based C&S Electric for around Rs 2,100 crore. "In a step to meet the increasing demand for electrification across industry, infrastructure and buildings in India, Siemens Ltd today (on Friday) signed an agreement to acquire New Delhi-based C&S Electric Ltd," according to a statement by Siemens. … [Read more...] about Siemens inks pact to acquire 99% equity in C&S Electric for Rs 2,100 crore