Posts

Showing posts from December, 2019

With the fall in major indices, 2019 saw 304 in the Alvida Sensex while the Nifty dropped 87 points.

Image
(Gujarat News Representative) Mumbai, December 31, 2019, Tuesday The benchmark indices in the Indian stock exchanges closed down on the last day of the year, while midcaps and smallcaps saw an increase. On Tuesday, the Sensex fell 5 points to 5.7, while the Nifty closed down 9.2 points, or 5.7 points. NiftyMidcap closed 4.1 to close at 1.8. Small-caps closed 4.1, up 4.1 percent. However, on the 5th of the year, the stock market players have made good returns by giving significant returns. The returns on mid-caps and small-caps have not been particularly attractive. It is hoped that the results of some relief measures taken by the government during the six years ended under the auspices of the economic recession. In the last 3 years, stocks in the auto, telecom and real estate sectors remained under pressure. The stock market continued to collide in the 9th year between domestic and global events. Despite the financial sector tensions in the country, the formation of a new stable gov

Increase in effective import duty as tariff value of imported foodstuffs increases

Image
Mumbai, December 31, 2019, Tuesday On the last day of the day, the high prices of various edible oils in the Mumbai oil-seeds market were sluggish, with rising prices in the futures market. The world market news was also selling bountifully. The house was also seeing new demand heading into today's high. Meanwhile, there were reports that the government has increased the tariff value used as a benchmark to calculate the import duty of various imported edible oils in the country. The tariff value of crude palm oil CPO has been increased from 3 to 5 dollars, while the tariff value of Palmoline has risen to $ 5, while the tariff value of Soytal has been increased to $ 5. This has led to an increase in the effective import duty of non-food items imported into the country. Such effective import tariffs have increased from 2 to 3 tonnes of crude palm oil CPOs. While such an effective import of Palmoline has gone up by around Rs 3 to Rs 5 per tonne, soyatel's import duty has incre

Gold prices are likely to rise another 6 to 7 percent in the new year after rising 23 percent in 2019

Image
Mumbai, December 31, 2019, Tuesday According to market analysts, gold prices have risen by around 5% on an annual basis in the year. Given that such annual price hike has never been seen in the last 3 years, the gold price boom has broken the 7-year record. The price of gold was Rs. 1 in 1 gram. It was increased by Rs. 3 and Rs. In the 5th, the price went down further to Rs. 1 and the price went up to Rs. After that, the price of gold went up by Rs. 1 and Rs. And in the 5th, the price jump was called Rs. Thus, the year of counting on the annual basis has been quite sharp for gold. With GST, prices were up 5%. Meanwhile, silver prices have also gone up about 5% year-on-year in the year of the 5th. The average silver price remained unchanged at Rs 5 per kg of GST. While prices with GST were up 5%. Meanwhile, silver prices were trading at Rs 5, followed by Rs 5 in 5 and Rs 5 in gold. In the 5th, prices went down further to Rs. 1 and Rs. After that, the price bounce back to Rs 5 was R

Reserve Bank proposes to introduce new lending standards for UCB after PMC Bank chapter

Image
Mumbai, December 31, 2019, Tuesday The Reserve Bank of India on Monday proposed to reduce the single and group borrower limit of urban co-operative banks (UCBs). In addition, the Reserve Bank believes that credit targets for priority sectors should increase. The central bank also holds that more than fifty percent of the total loan disbursed should not exceed Rs 1 lakh. The RBI proposes to increase the credit limit of the priority sector through urban co-operative banks to 6% from the present credit limit. This target will increase in phase. It is planned to have fifty percent by March 1, 5 percent by March 5 and 5 percent by March 1. It has also proposed to keep Tier 1 Capital and 1 per cent of Urban Cooperative Bank Tier 1 Capital, respectively. Currently, UCBs are allowed to provide 5 percent and 5 percent of their capital funds, respectively. A draft issued by the Reserve Bank states that the same standards as those prescribed for Small Finance Banks have been prepared for UCB

Rs. Shops and businesses with turnover of Rs 50 crore and above must provide digital payment option

Image
Mumbai, December 31, 2019, Tuesday Shops, business firms or companies with a turnover of Rs 1 crore or more will be required to provide digital payment facility to their customers from 1st February. On a daily basis, huge fines will be charged from shops or companies that fail to provide this facility, sources in the Central Board of Direct Taxes (CBDT) said. The decision has been taken as part of the government's goal of making the country a lace-cash economy. If payment is not accepted within the specified digital modes, a fine of up to Rs 1 will be charged. A circular issued by the CBDT states that those who will install and operate the system by January 1, will not be charged penalties under Section 4DB of the Finance Act. In order to make the country less cash economy, a new provision has been added to the Income Tax Act which has made it mandatory to provide digital payments facility. The Merchant Discount Rate will not be charged for these digital transactions. This rat

Oh no ... Bitcoin jumped 9000000% in a decade

Image
New Delhi, Dec 31, 2019, Tuesday The people who were disgusted with this investment tool found in Bitcoin, the most incredible 5.6% positive return on multiple investment instruments globally in today's 5 to 5 decade. Looking at the returns made over a decade on various investments globally, the S&P 5 Index has doubled. Some stocks have risen 5% in a decade. Gold has gained about 5% in a decade. Compared to all these assets, digital currency Bitcoin has a strong return. According to the available data, from July 1 to present day, Bitcoin has seen a return of 1, 2, 5 percent. In this 3-year voyage, Bitcoin reached its highest peak of $ 5.7. However, he was quick to hit the headlines behind other factors, including the law. Bitcoin saw a surge of over $ 1,000 in the early stages of the period, and then reached its highest level in the summer. However, it plummeted from the top level to the bottom of the $ 5.7 mark in the final phase of the quarter. Thereafter, there was a s

The impact of the downturn on the economy, the core sector growth slowed in November

Image
New Delhi, December 31, 2019 Tuesday November has also been a disappointment for India, facing an economic downturn, with the output of eight basic sector industries in the country falling to 1.5. This is the fourth consecutive month, which is showing a severe picture of the economic downturn, when the figures are showing a decline. The growth rate for the eight core sectors increased by 3.5 per cent in November last year, according to government data. The decline is due to a decline in the production of coal, crude oil, steel, electricity, and natural gas. Eight basic sectors such as coal, crude oil, natural gas, refinery production, fertilizers, steel, cement, and electricity are included. Cement production fell to 4.1 per cent in November, from 8.8 per cent in November. Refinery production and fertilizer production increased by 3.1 and 13.6, respectively. The core sector's speed dropped to 5.8 in October and 5.2 in September. Crude oil production declined by 6 percent in

Stocks year-on-year auto, metal stocks attraction: Sensex down 17 points to 41558

Image
(Gujarat News Representative) Mumbai, Ta. 30 December 2019, Monday Preparing for the completion of calendar year 1, today saw the holiday mood in Indian stock markets alongside the global markets. Amid the low presence of foreign funds-FPIs, local fund-mutual funds were today buying selective in NAV-based small, mid-cap stocks. Along with this, there was a fascination in the side market today between reviewers' projections of the central budget preparation and the allocation of foreign funds in the new year for small, mid cap stocks. Funds, nominees today boosted automobile stocks as demand for new vehicles increased, with the central government tightening scrap policy for commercial vehicles by ending a new scrap policy for the automobile industry facing a long recession. Of course, the Reserve Bank of India was selling the funds in banking-financial stocks, cautioning that the NPA's position on the banks would worsen and the NPAs of banks-financial institutions would increa

Various indigenous edible oils spiked while the sustained record breaks in imported oils continued

Image
Mumbai, Ta. 30 December 2019, Monday In Mumbai, the high price of oil and seeds market today led to record high prices in various domestic and imported edible oils. World market news was also encouraging. Prices were higher in Malaysia today. While Chicago soybean futures prices rose in the United States this evening, the projection was a 3- to 5-point plus price drop. Meanwhile, in Mumbai market today, a spike of 5 kg was given at the price of Rs. When direct delivery of refineries went from around 1 to 5 tonnes in the range of Rs. The price of crude palm oil CPO Kandla was raised by Rs. Singtel prices were hiked by Rs 5 per kg while Rajkot side was up by Rs 5 and Rs 5 per kg, while cotton washed at Rs 1 and Cottonseed oil was rising by Rs 5 in the Mumbai market. Talks are under way in Delhi to restrict the import of imported edible oils from the domestic coast. And there was talk of such food coming to certain ports as well. Establishments in the cotton-washed market have dominat

The British pound and the euro rise against the rupee: the dollar has fallen behind the world market

Image
Mumbai, Ta. 30 December 2019, Monday Prices were soft on the high heading in the bullion market today. World market news, however, showed a slight fluctuation in the high heading. On the 9th year, there was news of a decline in the world market and a slowdown in volume. Meanwhile, the dollar was soft against the rupee today in the domestic currency market. While the British pound and the euro were rising. The euro prices today surpassed Rs 1 in the current market. In the new year, the British pound and the euro prices have seen a rise in the currency market, hoping to expedite the process of solving the Brexit and resolve the issue by the end of January. Meanwhile, the dollar index against the basket of different currencies in the world market has been trending down for the last three consecutive days. In the world market, dollar-denominated gold was the active bidder in gold. Meanwhile, the dollar in the Mumbai currency market today closed at Rs. Dollar prices were down four paise

2019 Funds raise up to 100 smallcap stocks

Image
Ahmedabad. 30 December 2019, Monday The Sensex has moved upward despite a 5% jump in the index during the year ended 5. Mutual funds, on the other hand, increased their stake in select smallcap stocks during the year. According to a study conducted by mutual funds on investment in smallcap stocks, mutual funds increased their stake in shares of more than 3 smallcap companies during the year. But the important thing is that the mutual funds got negative returns in this sector, losing about 5% of the shares of these 3 stocks. However, the fund received a positive return on 5% of the sector's shares. During the year, the Sensex rose 5%. In contrast, the BSE midcap index was down 4 percent and the BSE small cap index was down 5 percent. According to the available data, 5% of the investment made by mutual funds in a smallcap company, ie 5% of the smallcap company's shares, had a negative return. However, the stock of 3 smallcap companies received a positive return from 5% to 5

Trends in the purchase of expensive smartphones in 2019, despite the economic downturn

Image
New delhi date. 30 December 2019, Monday Due to the economic downturn, sales of cars and biscuits have declined, but there has been no such decline in smartphones and there has been no increase in the purchase of smartphones by urban and rural consumers. The trend is expected to increase in the coming New Year as well. Considering the incentives given by global companies to the government to make India a smartphone manufacturing hub and increase its exports from here, there is no denying the possibility of increasing smartphone purchases by consumers in the country. Experts believe that the phone's export growth is advocating for double digits. With a smartphone, its users can integrate all kinds of operations, from banking to shopping. India's smartphone market is projected to grow at a rate of 5 percent in the second and a double digit growth of 2-5 percent next year, according to a research firm. By the end of 2013, 30 million people in the country are expected to own s

One lakh tonnes of onion buffer stocks will be raised in the new year

Image
New delhi date. 30 December 2019, Monday The government has decided to raise 1 lakh tonnes of onion buffer stocks in this year to avoid a repeat of onion prices and the crisis created this year. The government has created a buffer stock of 2 tonnes of onion for 2, but this has not been enough to control prices. In most cities of the country, onion prices are still at Rs 5 per kg. This has forced the government to import through the MMTC. The issue was discussed at a recent meeting of the Group of Ministers led by Home Minister Amit Shah. The meeting decided to raise one lakh tonnes of buffer stocks next year, a government official told PTI. Cooperative Nafed, which maintains onion buffer stocks on behalf of the government, will also maintain it next year. Nafed Ravi will buy onion because it lasts a long time. From March to July, Nafed will buy goods directly from the farmers. Onion prices soared this year due to fall in kharif crops and loss of crops due to poor rainfall. To curb

India became the fifth largest economy in the world, beating Britain and France

Image
New Delhi, 29 December 2019 Sunday India could be the fourth largest economy in the world, beating Germany in 2026 and Japan's third largest economy by 2034. According to a report. The report also states that India could become a $ 5,000 billion economy by 2026, though the government has set a target of creating a five billion billion economy by 2024. According to the British-based Center for Economics and Research (CEBR) report 'World Economic League Table 2020', India has become the fifth largest economy in the world by decisively defeating both Britain and France in 2019. India is now estimated to be the fourth largest economy by beating Germany in 2026 and Japan by 2034 and becoming the third largest economy by 2034. CEBR said that Japan, Germany and India will be competing for the third position in the next 15 years, Prime Minister Narendra Modi has asked the Indian economy to build a $ 5 billion economy by 2024, the report says, "India two thousand years a

In December, FPI invested Rs 2600 crore in Indian markets

Image
29 December 2019 Sunday According to data from National Securities Depositories Ltd, foreign investors made net purchases in December. Foreign portfolio investors (FPIs) invested Rs 2,613 crore in the domestic market between December 2 and December 27. This year, FPI has invested Rs 73,276.63 crore in the equity and bond markets. Excluding January, July and August, FPI made net purchases in the remaining months of 2019. Net investment of Rs 6,301.96 crore According to depository data, FPI has invested Rs 6,301.96 crore in the stock market. However, foreign investors have pulled out Rs 3,688.94 crore from the bond market. Thus, FPI has a net investment of Rs 2,613.02 crore between December 2 and December 27. Invest for this Foreign investors were net buyers because of the good financial results of the companies. In addition, foreign portfolio investors have invested Rs. Has invested Rs 2,613 crore. What is FPI? When an international investor invests in a passive holding of anot

Sensex 42222 to 41222 and Nifty spot between 12412 to 12112

Image
(Gujarat News Representative) Mumbai, Ta. 28 December 2019, Saturday With calendar year 1 nearing its end, this year the index-based record boom is needed. Foreign Fund-Foreign Investment Investors' stocks continued to sell, with fresh index-based stocks starting to buy and attractive valuations leading to frontline-heavyweight index stocks, led by Reliance Industries. The new record for the Sensex 1, December 5, and the Nifty spot was 5.1. As of December 1, the Sensex was 5.7.1, an increase of 5 points in one year. While the Nifty spot was at 5.7 on December 2, it has risen by 5 points in the year 1 to a new record high of 5.2. While the market capitalization of the market, ie the consolidated market capitalization of the total companies listed in the BSE, the investors' wealth increased by Rs 1.5 lakh crore in one year from Rs 8 lakh crore in the year to December 1, from Rs. It has reached the level of 1 lakh crore. Investors in small, mid cap stocks have been constantly di

Ravi crop cultivation area increased by 3 lakh hectares of wheat - sorghum cultivation

Image
Mumbai, Ta. 28 December 2019, Saturday Due to the significant increase in cultivation of wheat, sorghum and pulses, the area under cultivation of rabi crop has increased by 8.5% over the previous week. 3 lakh hectares of rabi crop has started growing. Last week, the acreage of this winter crop was 5 lakh hectares. The Agriculture Ministry released the figures on Friday. Wheat cultivation in the same period during the last rabi season has increased by 5% this year over the same period. Wheat cultivation has been done in 1 lakh hectares this season. The maximum increase has been observed in Rajasthan, Gujarat and Madhya Pradesh. In these states, water revenue increased significantly during the monsoon this year. Which has a direct effect on grain cultivation. However, in the traditional wheat-growing states like Uttar Pradesh, Haryana and Punjab, the area under cultivation remained almost the same as last year or increased marginally. The production of pulses has also increased sign

Forex reserves rose $ 456 million to $ 454.95 billion

Image
Mumbai, Ta. 28 December 2019, Saturday The Foreign Exchange Reserve of India (forex reserve) has risen by $ 1.8 million to a new record high of $ 1.8 billion in the week ended December 3, according to the Reserve Bank of India data. In the previous week, the reserve had dropped by $ 8 billion to $ 8 billion. The forex reserve growth in the week ended December 2 was mainly due to the increase in foreign currency assets. The RBI said on Friday that it had raised $ 1.5 million to $ 8.5 billion, according to data released by the Reserve Bank of India on Friday. Foreign currency asset by dollar which includes the addition or depreciation of the value of currencies such as the euro, pound and yen, apart from the US dollar. Gold and gold reserves have risen to $ 1.8 billion this week, to $ 1.8 billion. The International Monetary Fund's special drawing rights decreased by $ 1 million to $ 1.8 billion. The reserve position in the country's fund has dropped by 3 lakh cords to $ 1.8

Gold and silver and dollar forecasts

Image
(Gujarat News Office) Mumbai, Ta. 28 December 2019, Saturday Bullion market was officially closed today due to a shutdown in the Mumbai jewelery market today. However, the prices of precious metals were speaking high in the closed market. The dollar closed at Rs. 5.3 increase to Rs. Speaking from 1.2 to 3.5. Gold prices in the world market were $ 6.5 per ounce last week. At the bullion market today, gold prices in the bullion market in the bullion market are trading at Rs. 3 rupees He was speaking from 1 to 5 while the price of Rs 5 was Rs. 3 rupees 5 to 9 was called while prices with GST remained three per cent higher. Meanwhile, silver price in Mumbai market today was Rs. 3 rupees 1 was speaking while cash in cash was Rs. There were 3-5 bids and prices were up 3% with GST. In the world market, silver was trading at $ 1.8 per ounce, while the dollar remained at $ 1.8 per week. Meanwhile, platinum prices in the world market were last seen at $ 5 to $ 5 a ounce, while palladium was

Massive increase in tariff value of edible oils

Image
Mumbai, Ta. 28 December 2019, Saturday Mumbai oil - Bian bazaar was gaining new headlines today. However, the record high prices of various indigenous and imported edible oils went up. World market news was also encouraging. Meanwhile, in the domestic Mumbai market today, the price per paltry of Hawala resale is Rs. 3 rupees While the JNPT was priced at Rs. 3 rupees 3 were speaking. However new trades were slow today. The direct delivery prices of the refineries were high and the cost of import costs remained strong overall, with the market trends remaining high. Meanwhile, the players' eyes were now on the tariff valuation of imported foodstuffs being announced at the end of the month. The tariff value used as a benchmark to calculate the import duty of imported foodstuffs which was last announced as the price of the world market has risen significantly in the subsequent period. Given this, market figures were now showing the government's tariff value to be announced at th

Banking stocks upbeat over the weekend: Sensex jumps 411 points to 41575: small, mid cap stocks attraction

Image
(Gujarat News Representative) Mumbai, Ta. 27 December 2019, Friday As the calendar year 3 ended in the stock markets, NAV-based aggressive purchases of fund shares were seen. With the central government expecting PSU banks to improve the situation by bringing in new preferential capital, including UCO Bank, and now in the new calendar year 1, the allocation of foreign funds to small, mid-cap stocks, the fund has bought a large NAV base in small, mid-cap stocks today. With this, index-based funds have attracted interest in banking-finance, automobile, power-capital goods, metal-mining, IT, FMCG stocks. Along with the government's decision to bring in new capital at PSU banks, today the funds under the leadership of Reliance Industries have again taken an aggressive turn. The attraction of the fund was once again taken large by offering Swap a share of Reliance Industries 'share against four shares to Reliance Industries' shareholders in Reliance Industries. Meanwhile, the

In 2019, Indian companies raised fivefold funds through dollar bonds

Image
Mumbai, Ta. 27 December 2019, Friday Due to the difficulty of obtaining domestic funds and relatively cheap borrower spending in offshore markets, Indian corporates have raised $ 8 billion through dollar bonds. That's five times more than last year. According to the data obtained, infrastructure, power, non-banking financial companies (NBFCs) and metal companies appear to have raised huge sums through dollar bonds to meet their financial needs. Globally, interest rates are relatively low. Borrowers usually consider interest rates first. Forward premiums are good because of the stability in currencies, which reduces the hedging cost, said a company MD. The home-based NBFC also uses the External Commercial Borrowings route to raise money from abroad. In the first six months of the year, $ 5 billion was raised by the Indian companies through the ECB, which raised $ 1.8 billion in the full year of the year. In view of strong demand signals from Indian companies, the maximum rate

Gold bullish momentum: silver down sharply; crude bounced off $ 68

Image
(Gujarat News Office) Mumbai, Ta. 27 December 2019, Friday Gold in the jewelery market today moved upward while silver prices remained soft. With the dollar index falling lower against the basket of currencies in the world market, gold-funded active buyers remained at the end of the year in the world market. In the global market today, gold prices went up by $ 8 to the high of $ 8 an ounce. Gold prices were rising in the jewelery market at the back of the world market. Meanwhile, the Mumbai currency market witnessed a slow improvement in the dollar today, while British pounds and euros fell sharply. The British pound went up by 5 paise to Rs 9 from Rs 5.7 today. While the euro price rose by 5 paise to Rs. 8, the last was Rs. Gold prices in the world market have risen as much as gold prices this week, with weekly price hikes being the biggest price hikes for the past six months, according to informants. Meanwhile, the total annual increase in gold prices in the year of 9 was the larg

The fiery boom in other edible oils, including Singtel, remains intact

Image
Ahmedabad. 27 December 2019, Friday Two favorable rocket launchers erupted in foodstuffs following various favorable and adverse reports. According to data from market circles, the imports of Indian edible oils, which raised the dollar, raised the cost of importing Indian edible oils from other countries, and other reports, including the increase in imports of Indian edible oils, kept the boom in the Ahmedabad oil market. New single box of Singtel in Ahmedabad oilseeds market today I was going to increase the number by 5. While a new cup of cottonseed oil will cost Rs. It had risen by 1/5. Apart from this, soyaatel Rs. 5/5, Palmoline Rs. 5/5 and vegetable ghee is Rs. It was 5/1.

ICRA, CARE, e. Sebi scoring a penalty to ratings

Image
Mumbai, Ta. 27 December 2019, Friday Non-convertible debentures of Infrastructure Leasing and Financial Services Limited (IL&FS) mean that credit rating agencies, while rating NCDs, have credit rating agencies Ikra, Care and Lundy's market rates for each of them. (Sebi) is hitting. In a order issued by the SEBI on Friday, the three credit rating agencies, Ikra Ltd, India Ratings and Research and Care Ratings Ltd, have announced a penalty for investors for failing to do the proper due diligence in rating these IL&FS NCDs. These rating agencies declined to comment on the SEBI order. In this fierce case of penalizing rating agencies, SEBI has taken action against these agencies. It may be mentioned that SEBI has changed the credit rating agencies regulations six times in the last three years. In the case of IL&FS Ratings, the SEBI rejected the settlement requests of the rating agencies on July 1. The petition had to allow credit rating agencies to make a settlement no

The banking sector's credit growth rate will drop to the bottom of 58 years

Image
At the end of the current financial year Mumbai, Ta. 27 December 2019, Friday The credit growth rate in the banking sector, which stood at 5.9 percent in FY'08, is expected to fall to around 8 to 5 percent at the end of the current fiscal year. The rate will be the lowest in the last 6 years, according to a report by rating agency ICRA. Apart from the downturn in the Indian economy, the growth rate of loans has been slowing down due to the low requirement of working capital by companies. Lenders are also taking precautions to release loans. As of December 1, the growth in bank credit stood at more than Rs. 5 crore, while banks had increased by Rs. 5 trillion by the end of Fiscal Year 1 and Rs. Bankers are saying there is little demand for corporate credit when private investment is almost stuck. Bank borrowings say the current fiscal is likely to see an increase in credit demand for the rest of the year, but the slowdown seen at the beginning of the year is difficult to recoup

Index Booking Foreign Fund Profit Booking at end of December trend: Sensex down 297 points to 41163

Image
(Gujarat News Representative) Mumbai, Ta. December 26, 2019, Thursday Index-based funds expected to ease the overboat position at the end of December trend in futures and options in derivatives. After showing an index-based record boom in Year 3, expected profit bookings jumped in the last week after the fund saw a downward trend in banking-finance, oil-gas and FMCG stocks. China also announced a reduction in tariffs on imports of US goods following a trade deal between the US-China on the global front, and despite the global markets seeing a recovery, international prices of oil continued to rise, with Brent crude rising to US $ 1.8 and Naimax crude to US $ 1.8. Negative factor of increasing difficulty and slowing growth on the economic front The fund had eased trading in index-based stocks today. Of course, today's selection of funds, high net worth investors, has led to increased market-weighted positives in the mid-cap stocks. Sensex fell 5 points to close at 5 and Nifty spot

2019 is a weak year in terms of IPOs: raising money at the bottom of four years

Image
Mumbai, Ta. December 26, 2019, Thursday In the wake of the impact of the economic downturn, Initial Public Offerings (IPOs) in India have fallen to a four-year low in value. But analysts are expecting a good year for IPOs in view of the government's potential reform program. In the 5th, companies raised $ 5.5 billion through IPOs, a four-year low. The number was $ 8 billion in 1 and $ 8 billion in 1. From the perspective of the IPO market, 1 year has been a bad year, ”said one analyst. Due to various setbacks, such as corporate failures and bankruptcies, the situation has slowed down. The financial and industrial sectors have led the decline in IPOs. The amount of money raised through IPOs has dropped by fifty percent. The Nifty4 Index so far has improved by more than 5% in the current year. In the last three months, the government has taken several necessary reform measures. Not only this, the performance of IPOs in the current year is also showing good, which is why the out

Due to high prices, imports of gold will decline in the current month

Image
New delhi date. December 26, 2019, Thursday Gold demand has been steadily declining during the current December. As a result, gold imports are likely to decline by about 5% in the current month. According to market data, gold prices dropped to Rs 5 per gram in November. It was down to 8. Due to this, the demand for marriage was out of proportion. Gold prices have risen again with the start of December. At Ahmedabad, gold prices rose by Rs. 2 have been reached. According to the report, after the completion of the first phase of the trade deal, there is a possibility of further clarification on the issue globally. Due to which the price of gold has been raised. Thus, the demand for gold has also reduced its demand during the current month. In view of this, gold imports are likely to drop around 5 tonnes in the current December. "It is worth mentioning here that last October, gold was imported at around 2 tonnes," the sources said. Imports in November rose to around 8 tonne

The current fiscal year disinvestment target is Rs. 50000 crore likely to be missed

Image
Mumbai, Ta. December 26, 2019, Thursday Since the privatization of Air India, BPCL and Container Corporation of India (Concor) is unlikely to be completed before March 7, the target of disinvestment of Fiscal Year 1 is expected to be as low as Rs. The government plans to raise Rs 1.8 lakh crore through disinvestment in the current financial year. However, till now only Rs 1 crore could be raised. Since the disinvestment program of some government companies is not likely to be completed by March 7, the government is expecting a target deficit of Rs 1 to Rs 5 crore in the target. The deficit could make it difficult for the government to keep the fiscal deficit limited to 5.5 per cent of GDP at the end of the fiscal, an analyst said. Investors also appear to be eager to invest money in companies whose government plans for disinvestment. Deals may be made before the end of the year, but the government's treasury is less likely to receive money before the end of March. The governme

Gold and silver boom: The dollar and the pound quickly picked up

Image
(Gujarat News Office) Mumbai, Ta. December 26, 2019, Thursday The Mumbai jewelery market was gaining momentum today. World market news shows a new surge. At home, gold prices today closed at Rs 5, without a GST of 5 grams. Whereas the price of 1.2 was up by Rs. However, with GST, prices were up 5%. Meanwhile, in the Mumbai market today, silver prices remained unchanged at Rs 5 per kg without GST of 5 kg. But in the evening price was Rs. 1 to Rs. 3 and cash prices remained high at Rs. Remained high. In the global market today, gold prices were up by $ 5 a barrel, and prices were up by $ 8 to $ 8 in the evening. In the global market, gold prices also went up by $ 8.2 per ounce to close at $ 8.3. With the global market booming, imports of precious metals have risen and market prices are rising, according to informants. Meanwhile, platinum prices in the world market today went up by $ 1.8 a ounce. While palladium was reported to rise by $ 1.8. The impact of rising crude oil prices in

Food prices go up after onion, potatoes

Image
Mumbai, Ta. December 26, 2019, Thursday With the record-breaking boom ahead of the Mumbai oil-seeds market today, new highs have been seen amid a new spurt in edible oils, especially palmetl. After the high prices of onions and potatoes, it is now time for consumers to pay higher prices for edible oils as well. In the futures market of Palmetal, the boom circuit was implemented. World market news was booming. In Malaysia today, Palmet's futures were finally closed at 5, 6, 6 and 5 points plus news of a palm product jumping from $ 1.8 to $ 8. Growing up in Malaysia, forecasters were now showing the possibility of a boom in US markets. Meanwhile, in Mumbai market today, the price of 6 kg of paltal was up by Rs. 6 per liter while the price of JNPT remained at Rs. Direct delivery trades of various refineries were significant trades at prices ranging from Rs 1 to 3 for January 5 to 7. Today, direct delivery of hawala-resellers and refineries together with about 5 to 5 tonnes of tra

Aggravating bull: Singtel has a Rs. Crossing 1: Gold @ 5,3

Image
Ahmedabad. December 26, 2019, Thursday With the beginning of the new year now counting days remaining, the burden of the commodity on the rise of various commodity prices has increased. Globally, dollar-strengthening housing has been seen on various commodity markets. Against the rise in the import cost of imported domestic oils, the market is still lower than the import cost, with a bullish wind in the Ahmedabad food market today. The surface of 3 had jumped. On the other hand, with the US and China not clear on the treadmill issue, gold rose in the global market after the dollar strengthened and the dollar plunged to $ 5 in Ahmedabad bullion market today. Had reached the top of 5. When silver was Rs. The surface of the 3 was curved. New single box of Singtel in Ahmedabad oilseeds market today starts at Rs. 1/4 was called. While a new compartment of cottonseed oil will cost Rs. The prices of soybeans, palmines, sunflowers and vegetable ghee were also increased. Gold at the Ahmeda

Christmas 2018- 2019 Sensex - Nifty record highs while small- midcap retreat

Image
Ahmedabad. 25 December 2019, Wednesday In the one-year period from Christmas 1 to 5, the two leaders of the Indian stock market have reached the top of the index with returns on index Sensex and Nifty double digits. The small cap, on the other hand, retreated to midcap. The BSE3 Index and the BSE3 Index rose but some of the stocks involved moved to the bottom. Despite the volatile volatility in the stock market, behind local and global level reports during the proposed one-year period, the Beau Avalanche Index doubled, namely, Sensex, and Nifty, which saw a return of 5%. On the other hand, the Sensex and the Nifty have reached a historic high on the back of fresh takeover by foreign funds. The Sensex touched a record high of 5 and Nifty 5 in the 5th. On the other hand, due to a number of adversities, the capital of investors traded to the bottom of the BSE Midcap, BSE Smallcap Index, during the one-year period of Christmas 1 to 3, was greatly eroded. If some of the stocks included

Continuous bullish moves in the domestic and imported edible oils on the domestic market at the closed market.

Image
Mumbai, Wednesday The Mumbai oil-seeds market was officially closed today because of Christmas. However, prices were speaking higher at the closed market. World market overnight news was also encouraging. Chicago soybean futures overnight in the US were lifted 3 to 5 points, while soybean futures were up 5-7 points at night. With the rise of the world market and the dollar prices against the domestic rupee, the import cost of homemade edible oils has gone up against the market, with market intervals still lower than the cost of imports. Pamtel prices were up by Rs 5 per 5 kg hawala resale in Mumbai market today, while JNPT prices were trading at Rs 5. However, there were new businesses in the market today during the holiday mood. The direct delivery prices of refineries in Palmtale have been significantly higher and now the market prices are likely to go higher due to the fact that most of the dew-date goods are now sold at Hawala Resale. Meanwhile, the prices of crude palm oil CP

Global gold jumps to $ 1,500 a barrel in jewelery market

Image
(Gujarat News Office) Mumbai, Ta. 25 December 2019, Wednesday Bullion market was officially closed due to Christmas in the Mumbai jewelery market today. However, closed-end markets saw gold and silver prices rise further behind the world market, market analysts said. There were gold funded actives in the world market. However, today there are trade-offs in the world market amid conditions like Christmas holidays and holiday moods. However, overnight news was showing a boom in global markets, and after that, home prices today saw a fluctuation in market share over Christmas. There was news that gold prices in the world market had risen to $ 5 a ounce. Silver also traded higher in the world market with $ 1.8 to $ 1.8 to $ 1.8 per gold. Gold prices were up $ 5 to $ 8.5 with the dollar being 0.5. Meanwhile, the world market has raised the import cost of domestic metals, and in the wake of the marriage season, jewelers are also fearing the impact of seasonal buying as prices rise. At th