In a communication to export promotion body APEDA, the Union Commerce Ministry has said "it has been decided to revise the price limit for registration of contract for export of basmati rice from USD 1,200 per tonne to USD 950 per tonne."
The RBI on Thursday proposed stricter regulations for recovery of overdue loans. The norms propose that financial institutions and their recovery agents cannot call borrowers before 8 in the morning and after 7 in the evening. Banks and NBFCs should not outsource core management functions, including policy formulation and decision-making functions like determining compliance with […]
What are the benefits of taking loan against your mutual fund units?
HUL, CEO and MD, Rohit Jawa, said that as far as sale of FMCG products is concerned, rural India has still not fully recovered to volume levels it had had two years ago. Jawa said, “Sales volume continues to decline in rural India in last two years. HUL continues to face volume de-growth in the hinterland.”
"Debit cards have been on a downward trajectory; for small value payments, consumers prefer UPI, and for large value payments, net banking seems to be the mode of choice," said Vishwas Patel, joint managing director at Infibeam Avenues, which runs payment gateway CCAvenue.
The NPS is run by the Pension Fund Regulatory and Development Authority. Both the subscriber and the employer contribute an equal amount to an individual’s account.
The markets regulator Securities and Exchange Board of India (Sebi) has banned three entities from the securities market. It has also ordered disgorging over Rs 17 crore from the three entities. The entities run an unauthorised investment advisory services called ‘Baap of Chart’. Mohammad Nasiruddin Ansari, who described himself as an investment wizard, provided recommendations […]
The company works under contract development and manufacturing organization business model
Crude oil becoming expensive means India's import bill will increase because the more expensive the crude, the more dollars India will have to spend. What is the outlook for crude oil prices? Will it affect any company in the oil-gas sector? Is there also an opportunity to invest in this sector?