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Ban On LoU to impact financial flexibility of importers

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers. In the wake of Rs 13,000-crore PNB scam by diamond jewellery designer Nirav Modi and his associates through fraudulent LoUs, the central bank stopped banks from issuing the two […]

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Economic Survey

Economic survey of India is a review document of the annual economic development of the country. It is basically the finance ministry’s view on overall economic development. This document will go under the name of Chief Economic Adviser Arvind Subramanium. The Economic survey is an instrument that assists in designing a Budget for the economy.

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Gozoop bags Paisalo’s integrated marketing mandate

Gozoop is the largest independent digital agency that works for brands by creating an online presence for them with insights, strategy, story-telling, digital products and integrated experiences on mobile and web. Recently, Gozoop has won the integrated marketing mandate for Paisalo, formerly known as S. E. Investments, following a multi-agency pitch. Integrated Marketing is an approach to

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GST hits GSK

July 1, 2017 brought a change in the dynamics of the Indian economy and all the brands established in India. GlaxoSmithKline was no different. In 2018, they continue to expect a low growth of single digit. But the growth is expected to reduce by 1.5%. GSK sells Boost, Horlicks, Crocin and Iodex in India and

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