Dear ReadersIntroduction: Bharatvasis celebrated the birthday of Lord Rama and his brothers Bharat, Shatrughna and Laxman on 30th Global Economy and India: The International Monetary Fund (IMF), in its World Economic Outlook, has cut its global growth rate estimate for 2023 to 2.8% from 2.9%.The US ...
India’s exports have reached a historic high of $770 billion in 2022-23 – a huge 14% increase from $ 677 billion in 2021-22. Merchandise exports have increased by 6% from $ 422 billion to $ 447 billion during the year while service exports have gone up by a phenomenal 27% from $ 255 billion to $...
India’s export sector has achieved the highest level in its history by earning $770.18 billion in the last fiscal. It was beyond the government’s target of $750 billion. This figure is higher by $94 billion as compared to FY 22. This has been a praiseworthy success achieved by India at a time wh...
The Government of India announced its Foreign Trade Policy 2023 (FTP 23) on March 31,2023. Piyush Goyal, the Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, launched the policy. It is an open-ended policy and will not end on a targeted date. But ...
Company Profile The National Housing Bank (NHB) has PNB Housing Finance Limited in its list of registered housing finance companies. It started operating in the year 1988, after being incorporated under the Companies Act of 1956 and is being promoted by Punjab National Bank. PNB Housing Finance Ltd,...
Recently, we heard about the collapse of Silicon Valley Bank, Signature Bank, First Republic Bank and Silvergate Capital Corp in the US besides Credit Suisse in Switzerland. Neither this is the first instance of a banking crisis, nor is it that after this, more banks would not fail. In fact, immedia...
The second fortnight of March witnessed four notable bank failures: Two of them were in USA with Silicon Valley Bank (SVB) starting the scare a week earlier in regard to the value of bonds held as assets. The Ides of March confirmed its failure as there were heavy withdrawals. The assets held ...
Mumbai Entrepreneurs Award 22 was held on 14th April. 2023 at a prominent hospitality venue in Mumbai City. The process constituted a nomination process & the entries after being checked and shortlisted were given grading points by a jury panel, on which the final 15 recipients of the award...
According to S&P Global Mobility, India’s sale of light automobiles fell to fourth place internationally in the first quarter of the current calendar year. In 2022, India overtook Japan to become the third-largest country. The standings between the two markets have now changed once more.All pa...
Saera Electric Auto Pvt. Ltd. (SEAPL) is one of the leading companies in the electric vehicle sector. SEAPL was the first company to introduce the e-rickshaw in India and the first to receive ICAT (Vehicle Approval Certificate). BE’s Saptarshi Deb spoke to Nitin Kapoor, Managing Director of Saera ...