Government extends foreign trade policy by one year
As per the notification, the validity of various import-linked export schemes such as Duty Free Import Authorisation (DFIA) and Export Promotion Capital Goods (EPCG) have been extended by one year. Under EPCG, exporters can import certain amount of capital goods at zero duty for upgrading technology related with exports while DFIA allows them to import certain goods like sugar at zero duty.
Moratorium on loan EMIs, credit card dues will have an interest cost
People have a lot of misconceptions about what has been promised. Keep t...
Deferring credit card, personal loan payments may cost more
Industry experts are advising customers to pay off those loans where interest rat...
Losses incurred by retail trade is around $30 billion- CAIT
The Indian retail sector comprising 70 million small medium and big traders employing 450 million people, does a monthly business of around $70 billion, estimates CAIT. The body said the retail sector is the worst hit.
Share market update: FMCG shares trade higher; Britannia rises 8%
The Nifty FMCG index was trading 5.03 per cent up at 27131.1 .
Trading in times of lockdown: Surat trader finds it a blessing in disguise
Jhawar is the chairman of Sebi-registered investment advisory firm Finideas Group.
Trending stocks: Shalimar Paints shares gain 4% in early trade
Shares of Shalimar Paints Ltd. traded 4.47 per cent up in trade at 10:37 am on Tuesday.
Trending stocks: Indian Bank share price flat in early trade
Shares of Indian Bank traded 0.12 per cent down in trade at 10:23AM on Tuesday .
Trending stocks: HDFC Bank shares rise 1% in early trade
Shares of HDFC Bank Ltd. traded 1.17 per cent up in trade at 09:36AM on Tuesday .
Rubber prices likely to remain bearish
The latest report of The Association of Natural Rubber Producing Countries (ANRPC) said the increasing worries of global recession will continue to dominate the sentiments of natural rubber (NR) market during April 2020.
Payments stuck, exporters seek government’s support
When a local manufacturer ships consignments to its overseas client, it is supposed to produce shipment related documents including invoice, and bill of lading to the local bank in India. This local bank in turn is supposed to send physical copies to the consignee’s bank account overseas that provides the letter of credit.
Lockdown effect: ANMI urges Sebi to cut trading hours to 10 am-2 pm
At present, the market opens at 9.15 am and closes at 3.30 pm.
Carbon-free hydrogen production needs multi-billion dollar subsidies to make it cost effective: research
Usage of carbon-free hydrogen is currently small and costs are high, slowing the deployment of hydrogen production, storage and transport infrastructure, which could help industries decarbonise.
Sebi curbs lead to thin trading in Nifty futures
Palviya expects the market to trade in an 8,200-9,200 range for the short term.
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