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Showing posts from November, 2019

Sensex 41222 to 40333 and Nifty 12222 to 11922 will be seen in the new week

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(Gujarat News Representative) Mumbai, Ta. November 30, 2019, Saturday Continuing economic slowdown figures revealed yesterday that the economic growth of GDP for the quarter ended September 3 fell to a six-year low of 5.5 percent, while the growth rate of the basic sector also fell to 8 percent in October, till the end of October. Negative economic factors, including the economic growth of the full-year budget, are expected to reach the Indian economy. Is obtained. The situation of this decline on the economic front, if the government does not take immediate stimulus measures, is likely to worsen foreign investment flows in Indian markets in the coming days. Of course, Finance Minister Nirmala Sitharaman is defending the government's economic policies by condemning the figures as a slowdown and not yet slowing down. Given this worsening situation, there is a possibility of index based correction and consolidation in Indian stock markets in the coming days. Stimulus package, rese...

Cottonseed and cottonseed oil prices continue to rise: duty on increasing tariff value in imported edible oils

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Cottonseed and cottonseed oil pile up: duty on imported tariffs increases tariff value Mumbai, Ta. New Delhi, Nov 30 (PTI): The high price trend in Palmtal today witnessed new highs. However, Singtel prices were soft again. Palmetal prices were hiked by Rs 5 a hawala resale today while JNPT was Rs. Hawala resell traded at 5 to 5 tonnes. While the direct delivery trade of refineries was around 2 to 5 tonnes for December delivery, there were directives for about 5 to 5 tonnes. The prices of crude palm oil CPO Kandla were up by Rs 7 while in the futures market, CPO futures prices were at Rs 5 and Rs 6 on soybean futures. In the world market, US-Chicago soybean futures were up 5 to 5 points overnight, while soybean futures were 3 to 5 points soft, while soybean futures remained 5 to 5 points higher at night against New York cotton futures overnight news. The news of the rise of disagreement between China and the United States was showing the impact on US agricultural markets. Meanwhile...

Overall sowing area at a satisfactory level with the speed of wheat cultivation

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Mumbai, Ta. November 30, 2019, Saturday With the increase in wheat acreage in Rajasthan and Madhya Pradesh in the past week, the overall acreage of the current season has increased to 1.8 lakh hectare, which was up to 1.8 lakh hectare till last season. Thus the planting of ravi which was initially slow is now showing momentum. Farmers in Madhya Pradesh and Rajasthan have done much more this year than last year, resulting in wheat sowing area, which was 2.4 lakh hectare till November 1 during the rabi season last year. According to data released by the Ministry of Agriculture, the overall acreage of pulses is still showing at 5% less. This year, pulses have been cultivated on an area of ​​1.8 lakh hectares as compared to 8 lakh hectares in the same period last year. Mulberry is seen in nine per cent of pulses while lentils are seen at 8 per cent. Adad's acreage is showing a 5% increase. In Madhya Pradesh and Maharashtra, the cultivation of pulses has declined. The sowing area ...

Credit growth by banks in service sector slowed down to 6.50% in October

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Mumbai, Ta. November 30, 2019, Saturday In October, the credit growth of banks' credit to the service sector slowed to 8.5 per cent annually. In October last year, the service sector saw a growth of 5% in banks' credit. Non-banking finance companies (NBFCs) have been impacted by growth in credit growth by banks. Loans to non-bank lenders grew at an annualized rate of 5.5 percent in October, up from 8 percent in October last year, according to the Reserve Bank data. The growth in credit to the service sector was slow in September. In September, the credit growth rate for the service sector fell to 8.5 percent from 8 percent in October last year. In addition, the growth rate of non-food credit growth in October stood at 8.5 per cent annually. The number of bank loans outstanding in the service sector stood at Rs 1.8 lakh crore in the fortnight ended October 1, compared to Rs 1.8 lakh crore in the fortnight of October 9. After the IL&FS chapter that came out last year, it...

Before the meeting of crude OPEC, players lost 4-5%

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(Gujarat News Office) Mumbai, Ta. November 30, 2019, Saturday Bullion market was closed officially on Saturday in the Mumbai jewelery market. However, there were indications of a rise in the prices of gold and silver in the closed market. There was news of the precious metal shocking again in the world market. The dollar was trading higher against the rupee on the closed market today in the domestic currency market. Meanwhile, news of crude market prices in the world market collapsed by four to five per cent on Friday, leaving market players stunned. In the first week of December, a meeting is being held against crude producing countries OPEC and Russia, and among market watchers on the decision of what is the production decision in this meeting, were surprised by the disappointment of crude oil prices in the world market today. China and the United States have been affected by rising crude differences, which has affected crude prices. Brent crude prices were up about four-and-a-hal...

Is India's GDP growth rate not just 4.5 per cent and 1.5 per cent?

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BJP's Rajya Sabha MP is in discussion due to a statement on the country's GDP growth rate. According to the data, Swami believes that the country's GDP is not 4.5 but only 1.5 percent. In an interview to the Huffington Post, Swamy also doubted the current GDP rate. He is said not to have 4.5 per cent of the country's GDP but 1.5 per cent. After the GDP rate figures released by the Finance Ministry on Friday, the atmosphere is buzzing with statements from BJP MP Swami Subrahmanyam. Opposition parties have also launched literal attacks on the government's economic policies. The GDP rate has dropped by five consecutive quarters. The downward trend in agriculture and manufacturing sector is affecting GDP. In 2016, predictions were made that it would be difficult to maintain GDP after the blockade. Manmohan Singh's warning to the government to reduce the country's GDP by 2% seems to be true.

Foreign Funds Index Based Massive Profit Bookings in stocks over the weekend: Sensex breaks 336 points to 40794

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(Gujarat News Representative) Mumbai, Ta. 29 November 2019, Friday The stock broke the index-based record high today. Foreign funds today booked index-based massive profit bookings due to poor expectations and challenges to the government on the economic front before the figures were announced this evening, at the bottom of the six-year-end of September-GDP growth. The trade deal between the United States and China on the international front has also been signaled by the US president, now that the delay in the deal has also had a negative effect on the Asian markets. The US dollar continued to strengthen against the rupee today, rising 5 paise to Rs. Sensex, including Reliance Industries, broke the record boom today with banking bookings, banking, finance, automobiles, power-capital goods, IT-software stocks and FMCG frontline stocks dropping off the Sensex by 1.8 points and 9.8 points. The points were closed at 5.7.1. Sensex breaks intra-day by 5 points from start to end The day s...

Rupee weakens due to weakening of GDP, Fiscal Deficit, Core Sectors: Gold prices rise in precious metals

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(Gujarat News Office) Mumbai, Ta. 29 November 2019, Friday Gold in the Mumbai jewelery market was gaining momentum today as gold prices rebounded. In the world market, however, precious metals were reported to be amid fluctuations, while the domestic currency market saw a new dollar rise against the rupee, affecting positive gold and silver prices. In the currency market today, the dollar price was closed at Rs. Dollar prices went up by 5 paise more today. In India, the growth figures for GDP, Fiscal Deficit and Core Sector were reported to be weak and after that the rupee fell. There was talk of a weakening of the rupee. However, the British pound prices were quiet at the price range of Rs. Meanwhile, in the world market today, gold prices were trading higher at $ 5 a barrel and $ 1.8 in the low. At the Mumbai jewelery market, gold prices today closed at Rs 5, down from Rs 5 per 5 grams without GST. While the price of Rs 5 was closed at Rs 5, it was closed at Rs 5, while the pric...

Rupee weakens due to weakening of GDP, Fiscal Deficit, Core Sectors: Gold prices rise in precious metals

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(Gujarat News Office) Mumbai, Ta. 29 November 2019, Friday Gold in the Mumbai jewelery market was gaining momentum today as gold prices rebounded. In the world market, however, precious metals were reported to be amid fluctuations, while the domestic currency market saw a new dollar rise against the rupee, affecting positive gold and silver prices. In the currency market today, the dollar price was closed at Rs. Dollar prices went up by 5 paise more today. In India, the growth figures for GDP, Fiscal Deficit and Core Sector were reported to be weak and after that the rupee fell. There was talk of a weakening of the rupee. However, the British pound prices were quiet at the price range of Rs. Meanwhile, in the world market today, gold prices were trading higher at $ 5 a barrel and $ 1.8 in the low. At the Mumbai jewelery market, gold prices today closed at Rs 5, down from Rs 5 per 5 grams without GST. While the price of Rs 5 was closed at Rs 5, it was closed at Rs 5, while the pric...

NBFC's liquidity pull is expected to continue even at lower interest costs

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New delhi date. 29 November 2019, Friday Fitch Ratings speculates the liquidity pull facing non-banking finance companies (NBFCs) after the IL&FS chapter. Liquidity drag is unlikely to slow down even as interest costs go down. We expect wholesale and housing finance companies (HFCs) to be weaker. "We have come to this point in view of high leverage, asset and poor maturity profiles," a report by Fitch said. Large retail finance companies with strong maturity profiles of assets and liabilities will not mind getting funding from markets and banks. Compared to previous years, leasing companies in India from finance will grow at a slower pace. Due to the economic downturn and liquidity pull, this will slow down. To reduce the impact of low growth rates, increasing competition will affect profitability and weaken risk interest. This will affect the growth rate of loans, including business loans and commercial vehicle loans, said Fitch. The impact of the weak auto sales f...

DHFL vs. Reserve Bank launches insolvency process with NCLT

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Mumbai, Ta. 29 November 2019, Friday The Reserve Bank has initiated an insolvency process with NCLT against the dilapidated Dewan Housing Finance Limited (DHFL). Upon insolvency, the filing of a Debt Ammotatorium application on DHFL has been accepted. DHFL told exchanges last week that the administrator hired by the company would not be able to disclose financial results as it had detailed discussions with statutory auditors. DHFL had to announce its own results on November 3. The defaulted DHFL board was superseded by the Reserve Bank of India on November 7. The decision was made by the RBI because of defaults in several payment obligations and administrative deficiencies. Former CEO of Indian Overseas Bank Subramanian Kumar is currently appointed as the company's administrator. According to the estimates, DHFL has a debt of Rs 5 crore. Of which Rs 5 crore he has to pay to the fixed deposit holders while the banks have to take Rs 5 crore. Due to the DHFL default, its shareho...

In 2018-19, the 42 scheduled commercial banks of the country jointly invested Rs. Right off loan of 2.12 trillion

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Mumbai, Ta. 29 November 2019, Friday According to data released by the Ministry of Finance, the Finance Ministry said that two scheduled commercial banks of the country had jointly terminated loans of Rs 1.8 trillion in the financial year. In the previous financial year, the number of right-off loans stood at Rs 1.8 trillion. Banks generally offset non-performing assets, usually right off of their books, to clear their balance sheets. Doing so reduces liabilities and potential losses. According to the Reserve Bank's guidelines, each of their NPAs, including the provision made by banks at the expiration of four years, has to be wiped right out of their book. Banks have right off of Rs 2.5 trillion bed loans in the current financial year from 2-3 years. Despite the fact that there are three public sector banks in the country, the amount of defaulted bad loans has been steadily increasing. In the financial year 6-8, these banks offloaded a total of Rs 1.8 trillion of bad loans, w...

Palmetal re-record high price: new crop of Reward projected to rise to 3.60 lakh bales

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Mumbai, Ta. 29 November 2019, Friday There was a new demand in the Mumbai oil-seeds market today. The prices, however, remained firm. Meanwhile, according to the Cotton Advisory Board, production is expected to increase to 3 lakh bales in the new Rs. Cotton has been shown to increase the yield per hectare in the country. Such productivity per hectare has increased from 5 kg to 5 kg this year, the CAB said. World market news was encouraging. In Malaysia today, Palmet's futures were finally 5 points softened in the nearest delivery while the distant delivery remained at 5, 6 and 5 points plus. There, however, the prices of the palm product were two and a half to five dollars soft. Chicago and New York's agricultural markets were closed following news of Thanksgiving celebrations in the United States. Meanwhile, in the present market in Mumbai, there were 5 kg of Bhava Singtel worth Rs. While the Rajkot side was priced at Rs 5 and Rs 5 per kg, it was Rs 5 to Rs 5. Cotton washe...

From now on, only the hallmarked gold will be sold in the country, changing the rule

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New delhi date. 29 November 2019, Friday The central government is going to make an important decision on the purchase of gold. The Minister for Consumer Affairs Ramvilas Paswan said that from January 15, 2021, the hallmarking of gold jewelry will become mandatory. That is, the hallmark will be required on every gold jewelry. Whenever you buy jewelry, Hallmark will come to mind. Minister Ramvilas Paswan said that the ministry will announce the notification on January 15, 2020. But a year will be given to implement this decision so that the jeweler can clear the stock. At present there are around 800 hallmarking centers across the country. But only 40% of jewelry is hallmarked.

As the economy slumped, GDP fell to 4.5% in the second quarter

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New delhi date. 29 November 2019, Friday As the Indian economy is going through a period of sluggishness, the economy is experiencing another setback. India's growth rate declined in the second quarter of the current financial year. Now the GDP figure has reached 4.5%, the largest decline in any one quarter in about 7 years. For the first quarter of March 2013, the country's GDP rate was at this level. The GDP rate for the first quarter of the current financial year was 5%. Within just 3 months, the GDP rate has dropped by 0.5%. GDP dropped to 5% in the first quarter of fiscal year 2020. GDP figures dropped for the sixth consecutive quarter in September. Growth rate was 8% in the first quarter of 2019, 7% in the second quarter, 6.6% in the third quarter and 5.8% in the fourth quarter. Meanwhile, core industry figures have also been released. According to the latest government figures, the core sector has declined 5.8% compared to a year ago. It is noteworthy that the ei...

New record led by RIL at end of November trend; Sensex jumps 110 points to 41,130 new historic highs

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Nifty 3 history raises 3 points to 3 new heights at the end; Attraction in banking, power, metal, oil, IT stocks; FPIS \ FII buys Rs 5 crore in cash, DII sells for Rs 5 crore Mumbai, November 28, 2019 Thursday Today, the November trend in derivatives led to a record boom in the leadership of Reliance Industries. Reliance Industries had a fascination with banking-finance, metal-mining, IT-software services, oil-gas, telecom stocks. China's displeasure over the signing of the Hong Kong bill by US President Donald Trump yesterday after the US and China on the one hand saw a record boom in US markets expecting a trade deal by the end of December 5, despite global trade indicating a delay in trade deals. Sensex-Nifty funds traded in Indian stock markets today Based furthered record rally. With the end of the calendar year now almost a month away, stocks of foreign funds have been consistently catching up with volatile valuations. Despite the challenges of slowing economic growth in ...

Now the new record in onion; Wholesale price replicas Rs. 100 touched

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New Delhi, / Mumbai, November 28, 2019 Thursday With onion retail prices rising across the country, it has yet to be fully restrained due to other measures, including its imports by the government. The wholesale price of onion per kg for the first time in the history of India Rs. Levels of 2 have been reached. In wholesale markets, the quality of onion is priced at Rs. The surface of the udder is Rs. 1 has been touched. According to the information received, onion prices in the Solapur and Sangamner markets are Rs. 2 and Rs. Had reached the level of 1. On the wholesale market of Vashi, one kilogram of onion was sold at Rs. Was in the range of 0 to 5. In most cities of South India, the retail price of best quality onion is Rs. Running over 2. However, onion prices in Lasalgaon and Pimpalgaon in Nashik district are slightly lower than other markets in Maharashtra due to quality problems. Significantly, due to the onion revenue from Rajasthan, onion price in Delhi was Rs. 1 to Rs. Is...

The condition of cooperative sugar factories will improve

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Mumbai, November 28, 2019 Thursday The Maharashtra government formed in the state has the potential to become a favorable situation for co-operative sugar mills in Maharashtra, who are facing a shortage of money. The cooperative sugar factories of the Sharad Pawar-led Nationalist Congress Party (NCP) are dominating. Sugar mills have been refusing to provide credit from cooperative banks in Maharashtra for some time. Due to lack of working capital, it has been difficult for the mills to operate and cannot be crushed, sources in the Indian Sugar Mills Association (ISMA) said. The state sugar mills have yet to provide crores of rupees to sugarcane farmers. Maharashtra is the second largest producer of sugarcane and sugar in the country after Uttar Pradesh. Due to global and domestic factors, sugar mills have not been getting sufficient sugar prices for the last few years due to which they are running at a loss. India's sugar exports have been severely impacted by falling sugar pr...

Singtel prices rise ahead of Saurashtra

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Mumbai, November 28, 2019 Thursday Singtel prices were back up again today in the Mumbai oil-seeds market. Imported foodstuffs were also firm. The oil futures market was up in the afternoon after the prices were lower. In the global market, the futures in Malaysia were reported to be closed at futures 1, 2, 3 and 5 points plus at the end of the day after the current market tumbled 5 points at one point. There, Palm Projekt's parents raised $ 5 to $ 5 today. Meanwhile, after the Chicago soybean trades in the US increased overnight by 5 points, the festival closed down prices due to the festival today. Meanwhile, in the market today in Mumbai market, the price of 5 kg was Rs. On the Rajkot side, prices were up by Rs 5 to Rs 5 and Rs 5 per kg were at Rs 5 to Rs 5. Cotton washed prices remained at Rs 5 to Rs. In the Mumbai market, the price of cottonseed oil was Rs. In the Mumbai market today, the price of pulses has gone up by Rs. 6 and Rs. By JNPT. The direct delivery of refineri...

Caution in following upward trend in imported edible oils

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Mumbai, Ta. November 27, 2019, Wednesday There was new demand in the Mumbai oil-seeds market today. Prices kept sluggish heading up. The world market was soft. In the Mumbai market, the price of 10 kg was Rs. On the Rajkot side the price was Rs 970 to Rs 975 and the price of 15 kg was Rs 1580 to 1590. Cotton washed at Rs 750 to 755 while in Mumbai, cottonseed oil prices were Rs 800. On the Rajkot side this afternoon, peanut arrivals were reported to be around 80 to 85 thousand times and the present price there was Rs. 830 to Rs. In Madhya Pradesh, the price of soybean was Rs 760 to 765 and the refinery was Rs 800 to 805. In the world market, soybean prices were reported at $ 755 on CNF and December 645 for crude palm oil. Meanwhile, as per the directives flowing from Delhi, there is a high level of thought that the import of all refined edible oils imported into the country should be stopped and the import of only raw-crude edible oils will be allowed. In addition, the idea of ​​r...

Bezos trolled despite donating Rs 706 crore

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New Delhi, November 28, 2019 Thursday Amazon founder Jeff Bezos, who is at the top of the list of richest in the world, has come forward to help the poor. He has recently donated 98.5 million rupees (Rs. 706 crores), and has been receiving worldwide acclaim. Which is still trolling them today. Jeff donated Rs 706 crore to 32 different entities in 23 states. But his total wealth is $ 109 billion. And the Rs 706 crore he donated is not even equal to 1 percent of his wealth. Jeff's trolls include Jeffrey Corbin, the leader of Britain's Labor Party, who wrote: "Jeff has donated so much money that he's only 0.09 percent of his total income. He also wrote that you must pay taxes too." It is worth mentioning here that Amazon did not even pay a penny in the form of taxes to the US federal income tax department in 2018. Jeff Bezos earns Rs 43 lakh per second. After that, people started trolling Bezos, writing that people earn trolls as much as they earn every second....

Reliance creates history, becoming the first company in the country with a market value of one million crore

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New Delhi, Nov 28, 2019, Thursday Reliance Industries Limited has made history today. The market cap of the company has crossed Rs 1 lakh crore. Thus, Reliance has become India's first one million crore rupees company. At ten o'clock in the morning, the stock price of the company was trending at Rs 1579 and at that time the market value of the company had crossed Rs 1 lakh crore. Earlier in 2018, Reliance also became the first company in the country with a market value of 8 lakh crore. Market analysts say that the company's stock will still see a surge in the coming days. Reliance's decision to raise tariffs by telecom companies has given relief to Geo's other firm, which will also benefit the company. TCS is second after Reliance in terms of market value. Currently, its market value is 7.8 lakh crore. Third-ranked HDFC Bank has a market value of 6.96 lakh crore.

Sensex jumps 199 points to 41021 new record high in auto, oil-gas, banking, IT, pharma stocks

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(Gujarat News Representative) Mumbai, Ta. November 27, 2019, Wednesday Trade Deals Between US-China With Index Boom Recorded in US Stock Markets With Index Prices Relating to Indian Stock Markets Today, Hoping to Boost Recovery in Global Markets and Accelerating Economic Reforms Through Various Bills Presented in the Winter Session of Parliament The record was created. The situation is getting worse with the weak figures of economic growth currently on the economic front in India, which is expected to be announced on Friday, November 29, 2019, when the GDP growth of India is set to be announced on Friday. With the potential to take corrective measures, the fund today has two automobiles, two King-finance, oil & gas, metal, mining, pharmaceuticals, IT, Software Services, FMCG stocks were buying. The US dollar was down 13 paise to 71.75 against the rupee today. Of course, at one point most of the improvement was washed away because of the large offloading of power-capital goods sto...

Need to invest Rs235 trillion in infrastructure sector over the next decade

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, Ta. November 27, 2019, Wednesday The country's infrastructure will need an investment of Rs 235 trillion over the next decade. Andhra, Telangana and Haryana are leading advocates in road sector projects with 50% of total investment expected in the next ten years, according to a report by Crisil Infrastructure Advisory (CIA). These states are expected to take the lead since the base is low. This amount is double compared to the BJP's election manifesto, which will invest Rs 100 trillion in infrastructure over the next five years. Rajasthan and Uttar Pradesh were the high-spending states in recent years but they are currently experiencing financing due to rising debt. The next decade requires infrastructure spreading of Rs 235 trillion across the country. And to achieve this, India's infra cost should be above 6% of GDP and the annual growth rate needs to be 7.50% on average. Unless states contribute 50% of infra investment, India's start-up momentum may be hinder...

As a result of the economic downturn and structural costs, the fiscal deficit level of the states will remain high

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Mumbai, Ta. November 27, 2019, Wednesday The level of fiscal deficit will be high at the state level due to the slowing economic growth and the ongoing need for structural expenditure in the states of the country which will make the country's fiscal discipline efforts more challenging. Structural and cyclical factors have made it difficult for the government to maintain fiscal discipline in the medium term amid a dwindling economy. The states of India who cannot afford enough resources to meet their expenditures and who have to rely on the central government's grants have made a huge deficit in recent years. Due to the implementation of Goods and Services Tax (GST), the share of states in their own sources of income has dropped, rating agency Moody's said. In a report issued on Wednesday, Moody's highlighted the financial position of India and its states. Earlier this month, Moody's had India's credit rating outlook negative. The economic downturn and the i...

CrudeTail jumped $ 64

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(Gujarat News Office) Mumbai, Ta. November 27, 2019, Wednesday The weather was mixed today in Mumbai Zaveri Bazaar. Gold prices remained soft while silver was up. Meanwhile, the rupee went up against the dollar in the currency market today. Rupee has been rising in the currency market due to the strength of the stock market, market analysts said. Meanwhile, there were reports of a surge in funded gold at the global level as the dollar raised in the world market. At the bull market today, gold prices went down to $ 1463.40 an ounce from the high of $ 1457.70 in the evening. In the Mumbai currency market, the dollar today closed at Rs 71.49 with an open price of Rs 71.44 and Rs 71.49 in the open. Dollar prices were down 14 paise today. While the British pound fell 6 paise to 91.88 from 91 paise while the euro fell 17 paise to Rs 78.57 to 78.58. In the global market today, silver prices traded lower at $ 17.14 an ounce, followed by lower 17.02 and $ 17.04 in the evening. Meanwhile, th...

Pleasures may soon drop to 80 percent Prices of drugs

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New Delhi, November 27, 2019 Tuesday With the central government's proposal to keep trade margins at 30 percent, drug prices could drop by 80 percent in the country, with the drug industry agreeing. In the coming days, the country may get relief from expensive medicines. Local medicine industries and merchants agree on the central government's proposal to maintain a 30 per cent trade margin on medicines outside the prize control. The proposal was agreed at a meeting between the Drug Prize Regulator, the Pharma Lobby Group and industry associations on Friday. Sources present at the meeting have given this information. The upper limit of 30 percent on the trade margin, including other proposals such as price controlled drugs on 100 percent Flat. Trade margins have been emphasized. Deepanath Roy Chowdhury, President of the Indian Drug Manufacturers Association (IDMA) said, "We have no problem with the rationalization of trade margins. Trade margins have also been fixed a...

New summit market: Sensex 41120, Nifty 12132 New history created: Sensex dropped 68 points to 40821

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(Gujarat News Representative) Mumbai, Ta-26 November 2019, Tuesday New York's stock market rose sharply today, with US markets seeing a record-breaking New York stock market in the US markets yesterday as trade talks between the two countries reached a trade deal by December 3. However, due to weak factors on the economic front, index-based stocks were seen booking profits after a record-high boom today. With the changes in the Morgan Stanley International Index (MSCI), the list of Sensex 3 scrips in the local market yesterday led to the stock raising funds in banking-finance stocks today. Positive rise in steel prices by ArcelorMittal And due to the effect of the US-China trade deal in anticipation of bullish market index based metal stocks were beginning to show a record pace. With the Sensex 3 jumping to a new historic high of 1.7, the Nifty created a history of 5.1 new intra-day bulls. However, the Sensex fell 5 points to 5.2 and Nifty spot to close 5 points, with the fund...

Gold prices in the local markets behind the world market are narrow narrow fluctuations

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Mumbai, Ta-26 November 2019, Tuesday In the backdrop of the global market, domestic gold prices were narrowly fluctuating. On the other hand, the rupee strengthened against major currencies, while crude oil was seen to improve. In the morning, gold and silver eased in the local gold market, but prices recovered in the afternoon. The demand for marriage is expected to drop in gold if demand is starting to rise. In the domestic market, the price of gold at Rs. Gold was trading at Rs 5, closing at Rs 5 and closing at Rs 5. With GST, prices were up 4% higher. The silver, which had closed yesterday at Rs 5 per kg, was down by Rs 5 to Rs 5 today. Silver prices were up three per cent higher with GST. In the global market too, gold was trading at a disadvantage. Silver, too, was found to hit between $ 8 and $ 6.7, an increase of $ 5 per ounce. The dollar index became active with a declining fund, causing the gold market to decline. The rupee was strong against the domestic currency. The d...

Instruction to Government Lenders to Provide a $ 1 Billion Loan to DISCOMs

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Tuesday, November 26, 2019, Tuesday Government creditors are being informed by government lenders to raise money to pay the outstanding dues to green energy companies that produce green renewables. According to one estimate, DISCOMs owe $ 1 billion to renewable energy production companies. Paying this amount could put a stop to further investment in the stagnant energy sector, government sources said. Discoms have to pay Rs 1 crore ($ 8 billion) to solar power wind power makers, citing data from the Central Electricity Authority, sources said. Electricity companies have to pay more than a hundred per cent to the discos of Andhra Pradesh. Government of Andhra Pradesh has begun renewing power purchase agreements with power companies. The government is insisting that renewable electricity prices are high. If so, the financial position of the power companies may be impaired. Power companies such as power finance corporations financing the power sector. Ltd., REC Ltd. The government ha...

Increase in grain prices by changing crop damages and consumption patterns

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Mumbai, Ta-26 November 2019, Tuesday Due to the excessive rainfall in the current year, the prices of cereals are now increasing after the increase in the prices of vegetables. Due to heavy rainfall, the kharif crop has suffered significant damage. In addition, due to the change in consumption patterns, prices of cereals such as sorghum, millet, wheat and rice have been increasing in the last one month. There is significant damage to the crop in the main crop areas. However, the main kharif crop wheat prices have witnessed a special increase, but the prices of Regi-Tartha Bajra have been increasing in the last one month. The price per quintal of jowar is 5 rupees at 5 per cent in the major markets while the reggae price is 5 rupees rupees 5. The price of millet is talking around Rs. In addition to the reduction in production, prices have also seen a rise due to shift in grain demand related pattern. Besides cereals, the prices of vegetables have also doubled in the last two and a...

At the top of the Nifty 12132, 20 stocks up 153% from the previous peak to today's record.

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Ahmedabad, Ta-26 Nov 2019, Tuesday At the end of three consecutive weeks of volatile volatility, the Nifty Index of the National Stock Exchange broke the previous record of 5 and reached the historic high of 5. During this 1 trading session, 5 stocks have experienced a huge upside of 5 to 5%. According to available data, Nifty was previously at the top of 5. From there, after 7 trading sessions, the Nifty has set a new record level. Previous The nifty index finally proved successful in setting a new record in the new phase of the boom that emerged after the government cut corporate tax on September 7. With this, the Nifty has provided a return rate of 8.5% in the current November. On an annual basis, it received a return of 8.5%. Today, the Sensex also created a new history of 2. The Sensex provided a return of 8% in the current November and 8.8% on an annual basis. During the six trading sessions held by the Nifty, the 5 stocks saw a rise of 5 to 5%. Adani Green Energy was the th...

Individual income tax and corporate tax collections were down 17% during the last October

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Mumbai, Ta-26 November 2019, Tuesday Personal income tax and corporate tax collections were down 5 percent in October. In October 9, the Central Board of Direct Taxes collected Rs 5 crore, which is Rs 5 crore in October this year, according to available data. According to data released by the finance ministry, direct tax collections during the seven months of April to October of the current financial year stood at Rs 1.8 trillion (gross collection less refunds). In the period of 9, the figure stood at Rs 1.8 trillion. Thus, the recovery rate during the seven months has been very low. The tax base of the tax collection depends on how the economy of the country stabilizes. In the first quarter of the current fiscal year, the country's economic growth rate was reduced to five percent, six years lower. The impact of the corporate tax deduction was still visible in the tax collection figures as many companies still decided on their choice, said a specialist in the tax sector. It ...

Individual income tax and corporate tax collections were down 17% during the last October

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Mumbai, Ta-26 November 2019, Tuesday Personal income tax and corporate tax collections were down 5 percent in October. In October 9, the Central Board of Direct Taxes collected Rs 5 crore, which is Rs 5 crore in October this year, according to available data. According to data released by the finance ministry, direct tax collections during the seven months of April to October of the current financial year stood at Rs 1.8 trillion (gross collection less refunds). In the period of 9, the figure stood at Rs 1.8 trillion. Thus, the recovery rate during the seven months has been very low. The tax base of the tax collection depends on how the economy of the country stabilizes. In the first quarter of the current fiscal year, the country's economic growth rate was reduced to five percent, six years lower. The impact of the corporate tax deduction was still visible in the tax collection figures as many companies still decided on their choice, said a specialist in the tax sector. It ...