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Exports contract for fourth consecutive month, fall 12% in June, imports down by 47%

by pallanus | Jul 15, 2020 | Business News

The trade deficit stood at USD 9.12 billion during the two months of the current fiscal. [REPRESENTATIVE IMAGE] (Photo Credits: PTI) Contracting for the fourth straight month, India’s exports declined by 12.41 per cent to USD 21.91 billion in June mainly due to...

Massive deals drive Infosys Q1 net profit up by 12.4% to Rs 4,272 crores

by pallanus | Jul 15, 2020 | Business News

Infosys on Wednesday posted a stronger-than-expected 12.4 per cent rise in the first quarter consolidated net profit to Rs 4,272 crore, helped by large deals, and said its FY21 revenue is likely to grow by up to 2 per cent. The Bengaluru-based company, which logged...

CAIT hails victory as Amazon asks sellers to display products’ country of origin

by pallanus | Jul 15, 2020 | Business News

In a communiqué to Union Commerce Minister Piyush Goyal on June 15, CAIT had raised the demand for ‘Country of Origin’ listing and value addition norms for e-marketplaces. File photo of a protest by CAIT members at Delhi’s Jantar Mantar on December 12 of...

Canada Business Information, Market Traits, Analysis & More

by pallanus | Jul 15, 2020 | Business News

Through closely discounted scholar rates, Avenue & Smith’s Sports activities Group, School & University Program gives college students the opportunity to develop a broader understanding of the sports activities industry by studying each Sports...

Sensex, Nifty give up nearly all gains as Reliance disappoints

by pallanus | Jul 15, 2020 | Business News

India’s most valuable stock, Reliance, which was up 3.2% ahead of its AGM, erased all its gains and fell as much as 6.21% in the session. People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, February 28, 2020. (File photo: Reuters) Indian shares...
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