Indian majors have to balance between rising crude prices, muted demand and heavy central and state levies on retail prices
Last week, RBI released a discussion paper which proposed a scale-based regulatory approach linked to the systemic risk contribution of shadow lenders.
Lord Tariq Ahmad, who is also Minister for the Commonwealth in the Foreign, Commonwealth and Development Office (FCDO), said the strong relationship between the two countries has been further intensified with the vaccine collaboration to help fight the common enemy in the form of COVID-19.
US India Business Council (USIBC), on the occasion of India's 72nd Republic Day, also recommended to the Biden Administration to restructure the US-India Strategic Energy Dialogue to include Climate and Sustainable Growth and create a US-India Scholars Endowment to support higher education exchanges.
"Non-banking finance companies (NBFCs) and co-operatives are active in the agriculture credit space. The Nabard refinance scheme will be further expanded. Agriculture credit target for the year 2020-21 has been set up at Rs 15 lakh crore," Finance Minister Nirmala Sitharaman had said while announcing the Budget 2020-21.
“I think this is something (on which) there is a lot of discussion going on. At this stage, we are carefully evaluating it,” said Salil Parekh, CEO, Infosys. Wipro said it does not see any impact. “Wipro does not use SolarWinds Orion product for its internal IT operations and there is no impact on the company.”
International Business Machines Corp said on Wednesday Chief Executive Officer Arvind Krishna would take over as chairman from Jan. 1, replacing Ginni Rometty, who stepped down as its long-time CEO earlier this year.
The Modern Computing Alliance is aimed to “address the biggest IT challenges” faced by companies today with integration from ‘silicon to cloud’, Google said in a blog post. “We will invest in reducing friction and creating a much more seamless, user-friendly experience across the web and devices,” John Solomon VP, Chrome OS wrote
Taiwan, claimed by China as its territory, has been on edge since the large-scale incursion by Chinese fighters and nuclear-capable bombers into the southwestern part of its air defence identification zone on Saturday and Sunday, which coincided with a U.S. carrier group entering the South China Sea.
The contested waters have become another flashpoint in the increasingly testy bilateral relationship between Beijing and Washington. The U.S. military has steadily increased its activities there in recent years as China asserts its territorial claims in the area in conflict with neighbouring countries including Vietnam, Malaysia, the Philippines, Brunei and Taiwan.
According to the statement, the office will be responsible for managing the former president's correspondence, public statements, appearances and official activities to advance the interests of the US and to carry on the agenda of the Trump administration through advocacy, organising and public activism.
Opposition politicians grilled the government over the plans in parliament, as medical associations raised the alarm about dwindling capacity.
Here are the top BS Opinions of the day
Foreign companies looking for incentives under the scheme may have to invest Rs 500 crore over four years, while the threshold for domestic firms is likely to be around Rs 20 crore for five years, the source who did not wish to be named said.
A trading combination involving Nifty options is gaining prominence among savvy trading desks of institutional investors.
As far as stock futures are concerned, we are very near to the highest-ever open interest with 195 crore shares in open interest.
An analysis of 300 Asian small-cap schemes shows DSP BlackRock Micro Cap Fund leading the charge, delivering an 82% return over the past year.
India has inflation and it reflects the fundamental growth, Christopher Wood, equity strategist, CLSA, said at ET Now Mkt Summit-2010.
Market may see range-bound trading this week in the absence of any major trigger.
Many experts believe that looking at PE ratio in isolation won’t help investors grasp realities of the mkt and higher valuation may not be the only deciding factor driving mkt.