New Delhi: The commerce and industry ministry is pushing for the continuation of two key export incentive schemes even as it weighs various options such as lowering the sops if they’re not allocated more funds. The ministry has moved a note for the approval of the Expenditure Finance Committee (EFC) to extend to the Interest … Read more
China‘s exports tumbled 12.4 per cent in June from a year earlier as demand weakened after central banks raised interest rates to curb inflation. Customs data released Thursday showed imports slid 6.8 per cent. Trade weakness adds to downward pressure on the world’s second-largest economy. Global consumer demand has weakened after the Federal Reserve and … Read more
After staging a strong recovery from COVID-induced slowdown in 2021, India‘s exports are likely to extend the growth story to the New Year also on increased demand in the global markets, boost in domestic manufacturing due to production-linked incentive schemes and implementation of some interim trade pacts. Expectations of positive growth in the country’s exports … Read more
We continue to be very bullish on the pharma sector. We are playing a bit cautious on financials, says the Director & CIO, Max Life Insurance. Maruti, Hero MotoCorp have managed to outperform on account of the festive season as well as easing of supply. How have you read into the August auto sales numbers?Auto … Read more