DSIJ Mindshare

It also mentioned that the exports would continue gaining their momentum in H2FY21 and FY22E, determined by lower penetration of the exporting countries, firm crude oil prices, unsafe public transport, and infrastructure amid the pandemic situation.

It further mentioned that from a gross value-added point of view, de-growth will be 9.4 per cent in Q2FY21. It based its optimism on the development in agriculture, forestry, financial services, real estate, and professional services.

Open footwear contributes approximately 80 per cent of the company’s total revenue. The company has mentioned that the demand for closed footwear has been adversely affected in the pandemic but it's likely to gain traction going forward due to the onset of winter.

The project cost of the same is approximately Rs 501 crore. With this order win, BEML’s order book stands at Rs 4,318 crore from Rs 3,218 crore earlier.

RBI will buy three government securities of different maturity dates totalling to Rs 10,000 crore. Also, RBI will sell two securities totalling to the same amount using the multiple price auction method on November 26, 2020.