India's merchandise trade deficit surged to a new high of $25.6 billion in June amid slowing demand for Indian exports and rising imports of gold, coal and crude oil. Exports grew 16.8 per cent year-on-year to $38 billion in June while imports jumped 51 per cent to $63.6 billion, according to the preliminary data released by the commerce ministry on Monday.
Bu hikaye Business Standard dergisinin July 05, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Business Standard dergisinin July 05, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
PSBS classify RInfra's SPV as NPA
Several large public-sector banks (PSBS) classified loans to HK Toll Road, a special purpose vehicle (SPV) of Anil Ambani-run Reliance Infrastructure (RInfra), as nonperforming during the January-March quarter, according to sources in some of the big PSBs.
Cement stocks may remain tepid in near term
Likely weak demand over the next few months as the monsoon season gathers pace, coupled with no price hikes, may keep cement stocks tepid in the near term, believe analysts. As a strategy, however, they suggest investors accumulate related stocks on dips, encashing benefits of a rebound in the second half of the current financial year.
No poll jitters for MF scheme launches
Fund houses to provide better entry points after June 4
Scramble for ERP licence as doubts linger on mkt size
About a dozen players dive into the fray
Sunil Chhetri, Indian football's brightest star, to hang up his boots
World Cup qualifier against Kuwait on June 6 will be his last game
WATERED DOWN
As Bengaluru segues from a parched summer to torrential rains, citizen groups and authorities evaluate the city's future as India's IT capital
SUV sales drive M&M profit to beat estimates
Mahindra and Mahindra (M&M) has reported a 4 per cent jump in consolidated net profit for the fourth quarter of the 2023-24, riding on a 9 per cent year-on-year (Y-o-Y) growth in revenue to ₹35,452 crore.
Vi Q4 loss rings louder on higher finance cost
Arpu, revenue rise marginally; telco sees 4G subscriber base grow
Regulatory fee or unjust enrichment?
Regulators are empowered to levy fees for services rendered, not to impose tax-like levies to create surpluses for themselves
Netflix nears deal for NFL games, extending focus on sports events
Netflix Inc will air two National Football League games this Christmas Day, in the streaming TV giant's latest push into live events.