Shares of Havells India dipped 10 per cent to Rs 1,063 on the National Stock Exchange (NSE) on Friday after more than one per cent equity of the company changed hands through multiple block deals.
Till 01:42 pm, a combined 8.64 million equity shares, representing 1.4 per cent of total equity of Havells India, had changed hands on the NSE and BSE. The name of the buyers and sellers were not ascertained immediately. There were pending sell orders for around 91,000 equity shares on both the exchanges, data shows.
The stock hit a record high of Rs 1,195 on Thursday, January 28. In the past one month, it has rallied 32 per cent, as compared to 1 per cent decline in the Nifty50 index, till yesterday.
Economic Survey 2020-21: Key takeaways
Chief Economic Advisor KV Subramanian
(ANI)
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Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman presented the Economic Survey 2020-21 in the Parliament today.
The key highlights of Economic Survey 2020-21, which is dedicated to the COVID Warriors, are as follows:
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Saving Lives and Livelihoods amidst a Once-in-a-Century Crisis
India s merchandise trade deficit contracts this fiscal
By IANS |
Published on
Fri, Jan 29 2021 19:27 IST |
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India s merchandise trade deficit contracts this fiscal.. Image Source: IANS News
New Delhi, Jan 29 : The Covid-19 pandemic has triggered the worst global recession in 2020 since the Great Depression, but the adverse economic impact is, however, expected to be lesser than initially feared, the government s economic blueprint released on Friday said.
The pandemic triggered economic crisis has led to a sharp decline in global trade, lower commodity prices and tighter external financing conditions with varying implications for current account balances and currencies of different countries, says the Economic Survey 2020-21.
India to see current account surplus for first time in 17 years: Economic Survey
The Economic Survey also said the country is expected to witness a current account surplus in FY21 after a gap of 17 years due to resilience shown by software service exports
Joe C Mathew | January 29, 2021 | Updated 17:27 IST
India s merchandise trade deficit during the April-December, 2020-21 was $57.5 billion
The Economic Survey has said that the robust FDI and FPI inflows have led India to register an all time high foreign currency reserve of $586.1 billion. It also said the country is expected to witness a current account surplus in FY21 after a gap of 17 years due to resilience shown by software service exports.
China still Indiaâs largest source of import for many critical sectors, says top govt official
Sanjay Chadha, Additional Secretary, Commerce, however, also says competition with Beijing is likely to increase as India starts looking at supply-chain resilience .
Pia Krishnankutty 29 January, 2021 4:17 pm IST Text Size:
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New Delhi: China is still India’s largest source of import for critical sectors like pharmaceuticals and electronics, among other goods, Sanjay Chadha, Additional Secretary, Department of Commerce, said Friday.
He, however, said competition with Beijing was likely to increase as India starts looking at “supply-chain resilience” and diversifying sources.
Chadha was speaking at the 13th All India Conference of China Studies (AICC).