India's exports rose marginally to $27.15 billion in December 2020, while imports surged 7.56 per cent to $42.59 billion, official data showed on Friday. The merchandise exports were valued at $27.11 billion in December 2019 while imports had totalled $39.59 billion.
However, a prolonged and intense second wave that curtails oxygen supply to industries for a longer-than-expected period will exacerbate downside risk in affected sectors
The research would lead to a better understanding of metabolic reprogramming and aid the development of better therapeutics to deal with the viral pandemics, an institute spokesperson said on Wednesday.
For an institution looking to revive past glory, the Nalanda University's initial days have been far from glorious.
National Institute of Technology, Tiruchirapalli, invites applications for admission into its various post graduation programmes and research.
As many as 20 central public sector enterprises and their units are at various stages of strategic disinvestment, while six are being considered for closure or are under litigation, Minister of State for Finance Anurag Singh Thakur said on Monday.
Increasing the ratio of black carbon to sulphate in the atmosphere increases climate warming, suggests a study by University of Iowa professors Greg Carmichael, Karl Kammermeyer Professor of Chemical and Biochemical Engineering and colleagues.
The explosion took place at around 11 am near Bhuna when the vehicle was on its way from Jakhal to Fatehabad, following which panic-stricken passengers jumped off to save themselves.
Imports too declined 26 per cent to $29.47 billion in August, leaving a trade deficit of $6.77 billion.
After a long wait, the Shapoorji Pallonji Group has closed the sale process of its consumer durables business under the Eureka Forbes label by picking the American private equity fund Advent International's Rs 4,400-crore offer for a 72 per cent stake. The sale process, which began in November 2019, will help the over 156-year-old SP Group pair the debt pile and sharpen the focus on the flagship construction and engineering business under Afcons. The valuation of Rs 4,400 crore for a 72.56 per cent stake is is at an enterprise level and subject to closing adjustments and also includes an open offer for the remaining stake after the demerger and listing of Eureka Forbes, the SP group said in a statement on Sunday.
The soaring prices of metals like lithium, nickel and cobalt, which are the primary constituents of the cell, as well as supply chain bottlenecks, are also pushing up the cost of batteries
Import segments which recorded negative growth include gold, silver, transport equipment, coal, fertiliser, machinery and machine tools. However, exports of oil seeds, coffee, rice, tobacco, spices, pharma, and chemicals reported positive growth in June.
While traditional automakers in India are reeling under a global shortage of semiconductors, the country's electric vehicle (EV) makers, too, are now facing a shortage of lithium-ion batteries, a key raw material. The soaring prices of metals like lithium, nickel and cobalt, which are the primary constituents of the cell, as well as supply chain bottlenecks, are also pushing up the cost of batteries. Battery manufacturers say that prices have been increasing every quarter since the beginning of 2021.
Around 75 per cent, or 372 stocks, that are part of the BSE500 are trading at least 10 per cent below their all-time high levels, despite the index hitting a record high 20,515 points on the BSE in intra-day trade on Wednesday, surpassing its previous high of 20,390 touched in March 12. The index, which accounts for 93 per cent of BSE listed companies' market capitalisation, has gained 8 per cent from its recent low of 18,983, touched on April 19. In comparison, the benchmark S&P BSE Sensex gained 6 per cent over the same period, but is still nearly 4.5 per cent away from its all-time high of 52,517 that it hit on February 16.
Sectors with positive growth during the month include rice, iron ore, oil seeds, oil meals, meat, dairy and poultry products, pharmaceuticals, coffee, engineering goods, and plastic.
India's exports fell for the fourth straight month in June as shipments of key segments like petroleum and textiles declined but the country's trade turned surplus for the first time in 18 years as imports dropped by a steeper 47.59 per cent.
The Tata group has touched the lives of millions of Indians since the last 100 years.
Export sectors that showed positive growth last month included chemical, iron ore, electronics, marine products and pharmaceuticals. Decline in overall imports, including oil and gold, led to narrowing of trade deficit.
IIT Kanpur invites applications from Indian citizens for admission for the session commencing July 2008.
These core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production.
The Department of Atomic Energy invites applications for its one-year Orientation Course for engineering graduates at the Indira Gandhi Centre for Atomic Research Training School at Kalpakkam as part of the BARC Training School programme.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
India's exports grew by 9 per cent to $14.6 billion (around Rs 66, 250 crore) in December.
The market price action seems to point in this direction. Let's hope we finally break out. It is about time! asserts Akash Prakash.
If international crude oil prices zoom past the current level of about $90 per barrel and move towards $100 and beyond, middle-class consumers are not going to keep quiet about their discomfort, points out Arun Balakrishnan, former chairman and managing director, Hindustan Petroleum.
30 companies belonging to the Tata group are listed and have a combined market cap of 478,659 crore.
The company is working to capitalise on the tonnes of waste produced by one of Scotland's most valued industries and turn the dregs of whisky-making into fuel.
India's exports to the US in 2017-18 stood at $47.9 billion, while imports were $26.7 billion. The trade balance is in favour of India.
Sebi has asked intermediaries to stagger the offerings as much as possible, said people in the know and ensure adequate capacity building.
Anna University, Tiruchirappalli has announced admissions to PhD/MS (research) programmes.
A longer shelf life is critical, given many makers have started manufacturing vaccines and stockpiling them, so as to make them available in the market immediately after approval, reports Sohini Das.
The Indian Institute of Technology-Madras invites applications for its Ph D/ MS programmes.
Imports also rose by 2.6 per cent to $41.1 billion in the month under review, leaving a trade deficit of $14.92 billion.
Cumulative exports during April-August of 2017-18 rose by 8.57 per cent to $118.57 billion
'Aquaponics can effectively cushion the impact of a calamity like COVID.'
Hailing Prime Minister Narendra Modi and the Bharatiya Janata Party government, top industry captains pledged mega investments at the Vibrant Gujarat Global Summit
Mutual funds bought metal, media, telecom, engineering, and pharma stocks in December
Imagine a world in which a human only thinks, and a robot cooks the whole meal.
