Market and Business News

  - Artha Samhita - P. Chidambaram - Under the current circumstances, it does not seem possible for every opposition to come on one platform - The opposition has a lot of strength and momentum but no common leader or candidate behind which the opposition can stand - Regional and other parties in the country have a lot of influence in their states and also run the governance. - Neither party in the opposition shall allow the other party to occupy a full foothold in a state The Indian National Congress is the oldest political party in India, but the Bharatiya Janata Party is not only the largest but also the richest party. Out of the total votes cast in the 2019 Lok Sabha elections, BJP candidates received a cumulative 37.40 percent votes. Congress candidates got 19.50 percent votes. There are also regional and other parties in the country which have a lot of influence in their states and even rule in some states. India's electoral map is a political mosaic of many. BJP...

Talk about the market - Tuvar dal prices unfettered despite government measures The big question is why the prices of tuvar dal have been increasing continuously for some time now. It was claimed by the government that due to the ongoing crackdown on hoarding across the country, the prices will come down, but instead of that happening, the prices are continuously increasing. Even as stock limits have been fixed in many states to prevent hoarding, the prices of Tuvar dal are increasing. In December 2022, the price of Tuvar dal was Rs 100, which has increased to around Rs 130. After the price crossed Rs 120 in March, the central government banned the storage of dal beyond the limit, but prices have not come down. Alia's Met Gala entry, Rs 40 lakh ticket It is every celebrity's dream to be invited to attend the Met Gala held by Vogue magazine every year. Only six celebrities from India have received this honor and Alia Bhatt's name will be added to it. Aishwarya Rai, Pri...

- Today is May Day. Celebrated as Labor Day in the world, this day is important for both Gujarat and Maharashtra - During the corona period, people were forced to work from home. This concept known as work from home became a blessing for many companies including information technology. - Four days work in a week is something to imagine. We are constantly comparing work there with donkeys. People cannot enjoy life with family This May Day. Celebrated as Labor Day in the world, this day is important for both Gujarat and Maharashtra. Labor Day is equated with laborers working on infrastructure projects but the fact is that everyone doing jobs big or small is associated with Labor Day. Now Labor Day is being modernized. Now it seems that the name of this labor day needs to be changed. The practice of us working there on all days except Sunday was stopped as the second and fourth Saturdays were off. From September 1, 2015, the government accepted the demand for second and fourth Saturd...

- The Conundrum of Economics - Dhawal Mehta - It is necessary to stop spending on temples and statues and spend on education- health There is a huge wave of religious revivalism in India, of course the fact that India's economy is moving at a growth rate of six and a half to seven percent is a matter of satisfaction. America's GDP base is huge so if America achieves 4% or 4.5% growth rate, it would be happy but India's export rate cannot reduce income and wealth disparity and other state governments like Delhi CM Kejriwal have given education and health top most. Inability to prioritize is the greatest tragedy of Indian economics. Almost every day there is news in the press that our number of primary school teachers is insufficient, teacher vacancies are not filled for a long time in primary school a single education teaches three to four or five standards simultaneously. School buildings are in a very bad condition, school children do not get affordable meals and food c...

- Government should accelerate broad policy reforms rather than focusing on a particular sector Recent data shows that government spending on the healthcare sector has increased over time and that private spending on health has declined. Meanwhile, the Union Cabinet recently approved a policy for the medical devices sector. As India has now become the most populous country in the world, it is believed that its population will continue to grow in the coming decades before stabilizing. In such a situation, the need for capacity building of the healthcare sector, which is currently limited to a large extent, will continue to increase. In this context, the creation of a vibrant local facility for manufacturing medical devices will prove to be very useful. Currently, India is highly dependent on imports in this sector. According to one estimate, imports of medical equipment will increase by over 40 per cent in 2021-22 to Rs. 63,200 crore has reached. The data also shows that electronics a...

Cargo handling record The record of cargo handling at the major ports of India has been broken. In 2022-23, 795 million tonnes of cargo was handled at Indian ports. The Ministry of Shipping has said that against the target of Rs 3700 crore, an income of Rs 5000 crore has been received. Thus cargo handling has increased by ten percent. Major ports include Shyamaprasad Mookerjee, Dindayal, Nehru and Pradeep. Armaan becoming a father of three children in 20 days.. Armaan Malik's first wife Payal, whose name is well known in the social network and has 13.5 million followers, has given birth to twins. He has a son and a daughter while his second wife Kritika also gave birth to a son 20 days ago. Armaan is famous as a YouTuber. 13.5 million followers burst into applause. Many people have criticized, then what is the surprise in India's population growth? Netflix's Idea Boomerang The idea of ​​Netflix password sharing has been seen boomeranging. Spain has lost 1 million user...

- Smile Index - Vanity - If universities buy back degrees from those who don't need them and sell them to those who need them at a low price, how much will be the cost of running colleges and teachers' salaries? There is a system of buyback in the stock market where companies buy back their own shares. This system is applicable in all other fields as well. For example, farsans who are confident that the knots made by them will not spoil for months may sometimes offer to buy back the knots in case of high demand and shortage of raw materials. If the shopkeepers return 250 gms to Ngumtia, they can get free 25 gms of curry. We used to take a lot of curry with many customers. Any such offer can also be taken by the universities. If the university feels that we have exported too many MBAs in the market, it can buy back the MBA degrees. A student can withdraw his MBA degree by refunding 25-50% of the fees paid. After all, those who have become or become small or big jobs do not n...

The best way for banks to avoid fraudulent accounts is to improve credit standards One of the reasons for India's chances of better handling the global economic downturn is that our banks' balance sheets have improved significantly over the past few years. This was possible because regulatory oversight remained relatively tight and banks also worked hard to keep their balance sheets clean and raised new capital. However, while this process has proven effective for banks, it seems that some borrowers may not have been treated fairly during the process. Recently, this matter has come to the fore in an important decision of the Supreme Court bench. The court said that banks should give full opportunity of hearing to the borrower before declaring the account fraudulent. The court was hearing an appeal filed by State Bank of India and others. The key guidelines on fraud-classification and reporting issued by the Reserve Bank of India for commercial banks and selected financial in...

- New building permits in Germany also below 2008 trends: 23 percent drop from peak in Canada In recent times, the pace of housing construction in the world's major markets has slowed significantly. Which poses a threat to global growth. The housing market is an important and vital channel for the transmission of monetary policy. Lower demand for housing due to higher interest rates reduces overall economic activity. This is especially true in developed markets where real estate business is planned. Housing is not only an important source of economic demand, contributing 10 to 24 percent to GDP, but it is also an asset for most households. Being a long-term asset, its value is highly sensitive to interest rates. In the 1980s, real estate investment fell 40 percent between 1979 and 1982 when then-Fed Chairman Paul Volcker sharply raised interest rates to curb inflation, triggering the recession. On the other hand, a large portion of venture capital is competitive in nature and s...

- Commodity Current - Jayavadan Gandhi Nowadays, the government is trying hard to control the price of food items in view of the state elections. For some time now, there has been a decrease of 10 to 15 percent in the markets of agricultural commodities including gram, mustard, wheat, edible oil, except for a few items. Some commodities have fallen below market support prices. In order to regulate the growing market of pulses, the government is putting pressure on stockists, mills, traders to declare stocks. The government has focused on increasing the prices of Tuvar and Udd pulses. However, gram prices have fallen in the range of Rs 4600 to 4700 with a fall of Rs 200 to Rs 400 in the last fortnight. As the support price of gram fell below 5335 in the market, there is also resentment among the farmers. This year, while the production of pulses has been good, exports have also almost doubled with an 85 percent jump to $6.6 million. Also the export of spice crops has also been good. A...

Around the Market Rs. Five lakh kichdi... world record An unimaginable incident has been witnessed in the Sai temple at Aadharshila, Awadhpuri, Bhopal. Khichdi Bhandara was organized on the foundation day of this temple. Keeping in mind the world record, 37 quintals i.e. 37,000 kg of khichdi was made here which cost Rs. It was five lakh. Three quintals of potatoes, 80 kg of vegetables, three and a half quintals of rice, 60 kg of mung bean, 40 kg of dal, 3 kg of chillies and coriander, three kg of ghee, 300 grams of asafoetida and other spices were used in this khichdi. Earlier in January 2020, a record of 1995 kg of khichdi was set at Mandi in Simla. It took five hours to make this khichdi and six quintals of wood was used. Quick darshan... crores of income to the temple One wonders when the income figures of various famous temples of the country are published. Recently the Mahakal temple of Ujjain has released the revenue figures. In the last one month, the temple received Rs. Ei...

Bhoo Bazar : Dilip Shah Global coal prices are likely to rise to around $80-85 per tonne in the June-September period. The outlook for coal demand in India is somewhat mixed, as there are several factors that could affect coal demand in the coming years. On the one hand, India is one of the world's largest consumers of coal, and is expected to rely more heavily on coal for electricity generation in the near future. However, there are also several trends that could lead to a decline in coal demand in India. For example, the Indian government has set ambitious targets for renewable energy sources such as solar and wind power, which could reduce demand for coal in the long run. In addition, there is growing public concern about the environmental impacts of coal use, which may increase pressure to shift to cleaner sources of energy. Overall, coal is likely to remain an important source of energy for India in the foreseeable future, but there are also significant challenges and unc...

- Chart Indication- Ashok Trivedi The BSE index (close 61112.44 on 28-04-23) is bullish from a low of 59412.81. Currently, the 12 day average is 59948.04 and the 48 day average is 59591.63 and the 200 day average is 59187.03. The daily MACD is bullish. Weekly MACD is bearish. Shows positions towards overbought on daily and weekly basis as well as oversold on monthly basis. May 3rd to 5th are the days of turning of gain. Possibility of 61550, 61683, 61960, 62370, 62770, 63170, 63853 above 61210. 60507, 60400, 60120 support is considered in the low. Bharti Airtel (closing price Rs.799.30 on 28-04-23) is in favor of correction from the bottom of 738.85. Currently, the 12-day average is 769.65, the 48-day average is 768.22, and the 200-day average is 763.09. The daily MACD is bullish. Weekly MACD is bearish. Overbought on daily basis, towards overbought on weekly basis and oversold position on monthly basis. Possibility of 802 above 806, 813, 822, 830, 837, 845. 779 below 787 is conside...

Mumbai: While the government is making efforts to increase the sales of electric vehicles to reduce pollution in the country, the sales of electric vehicles have slowed down as a result of some measures of the government which have not succeeded in their own efforts. In order to increase the sales of electric vehicles in the country, the Faster Adoption of Electric Vehicles Scheme-2 launched by the government in 2019 is about to end, but the sales of electric two-wheelers under this scheme are nowhere near the target. The scheme is ending in March 2024. Earlier the scheme was scheduled to end in March 2022 but it has been extended. The Society of Manufacturers of Electric Vehicles has claimed that the government is responsible for the failure of the scheme. A target of one million electric powered two wheelers was set under the scheme. Under the scheme, the government had prepared a Rs 10,000 crore scheme to encourage vehicle manufacturers. The government is claiming that 9.60 lak...

Mumbai: The central government is considering a complete ban on the export of sugar after the country's sugar production is expected to remain low in the current season. Sugar prices have recently increased due to lower production estimates. For the current sugar season (October 2022 to September 2023), the government has given permission to export 60 lakh tonnes of sugar from the country, out of which 58 lakh tonnes of sugar have been exported. Government sources said that no more sugar export concession will be given in the current season and considering the El Nino situation, it will not be surprising if the export may be banned in the next season. In the last season, the government had given export concession for 1.10 crores of sugar. Along with the global market, the price of sugar is increasing continuously in the domestic market as well. The price of sugar 30 in Mumbai wholesale market is Rs.3630, in Ahmedabad Rs. 4000, Rs.3800 in Delhi, Rs.3900 in Kanpur, Rs.4000 in Ranc...

image : Twitter Ever since Elon Musk became the owner of Twitter, he has been trying to radically change Twitter and make it a profitable company. Meanwhile, he has made another big decision. Now Twitter users have to pay money to read news on Twitter. Elon Musk, while announcing this, said that this will be a big win for media organizations and users. Media publishers will get the right Elon Musk is going to make a big change to Twitter. Now Twitter users have to pay money if they want to read news articles. The microblogging platform boss announced that media publishers will be allowed to charge users on a per article basis with one click. This new feature will be implemented from May 1. Those who do not subscribe will suffer People with monthly subscriptions to Twitter may be hurt by this ad. They may pay more to read any news article. Users who want to read articles occasionally will have to pay more per article. Musk said this would be a big win for both media organizations ...

- Economies will adopt new mechanisms due to climate change, thereby changing the nature of mitigation measures GDP also does not take into account environmental damage caused by economic activities. The impacts on people facing climate change are also beyond its scope. Ironically, cutting down trees increases GDP. The same thing happens after replanting. But this may cause GDP to lose some of its current quality. Given the growing efforts to curb carbon emissions and climate change, huge investments are being made to build renewable energy capabilities, pushing electric vehicles. In some countries, coal-fired power plants are being closed down and renewable energy is being emphasized. The load on petrol and diesel cars is decreasing. Soon their number will begin to decrease and the road will be paved for electric vehicles. Over the next decade, many large traditional industries will begin to go out of trend. In such turbulent times GDP can be misleading. Churn can only be understoo...

Gold June futures fell 1542 to silver at Rs 602 during the week The country's leading commodity derivatives exchange recorded a total turnover of Rs.3,16,833.73 crore in 41,63,701 trades in various commodity futures, options and index futures during the week of April 21 to 27, with commodity futures accounting for Rs.1 ,15,780.75 crores and the share of options was Rs.200741.95 crores. During the week under review, precious metals futures in gold and silver accounted for Rs 77,348.89 crore in 10,74,216 trades. Among gold futures, gold June futures opened at Rs.60,381 per 10 grams at the beginning of the week, touched an intra-day high of Rs.60,476 and a low of Rs.59,547 during the week, fell by Rs.602 to Rs.59,901 at the end of the week. The price was reached. Against this, Gold-Guinea April contract 8 per gram decreased by Rs.151 to Rs.48,058 and Gold-Petal April contract decreased by Rs.66 per gram to reach Rs.5,973. Gold-mini May futures fell by Rs.476 to Rs.59,913 per 10 gr...

- Sales Tax-Soham Masruwala Delay in filing under GST law is a very bad situation. On the one hand interest is charged and on the other hand the burden of late fee increases. Recently an amnesty scheme has been announced by the government. For annual returns, the supplier has to file the annual return GSTR 9 under section 44 after the completion of the financial year and the supplier having specified turnover has to file the GSTR 9 reconciliation statement as per section 35 (5). Today's article discusses what to do if GSTR 9c is filed late and whether to charge late fee. Section 44: Section 35 (p) There is a provision to file GSTR 9 under Section 44 (1) of the CGST Act. Under section 44 (1) GSTR 9 has been given the status of a sheet. The GST rule has also come up as a bill. Under section 44(r) it is provided that the designated supplier has to file a reconciliation statement under section 35(5) along with the annual return on the GST portal. Explanation of the law Read with S...

- Antenna- Vivek Mehta - It is necessary to be prepared as soon as the company's data is stolen in a cyber attack: companies should prepare before the water to avoid loss of crores On October 14, 2022, a cyber attack was carried out on Tata Power's network. As a result their online system started crashing. As a result, Tata Power's Mumbai office had to disclose to the Mumbai Stock Exchange that the cyber attack had not had a major impact on the company's core operations. Then, after the ransomware attack on Sun Pharma in 2022, there is a possibility of impact on its income, the company said in a letter written to the stock market. The ransomware attack had a devastating impact on its business operations across India. Be it India or any other country in the world, the cases of cyber attacks on the corporate world are increasing. Cyber ​​system experts say, 'Most cyber attacks are happening on health sector companies in India's corporate world. In 2022, there ...

India's rupee exports are likely to fall to a 19-year low Saurashtra Cotton Washed prices witnessed a rapid retreat due to the fear of impact on exports from the country due to falling prices in the world market. Estimates of the country's production of Rs. In the wake of these estimates cotton washed prices fell rapidly in Saurashtra markets and cottonseed oil prices were recently under pressure in the edible oil markets. In the Saurashtra markets, the price of washed cotton was seen falling rapidly and trading at the head of Rs.900 in a short period. In the Mumbai oilseeds market recently, the price of cottonseed oil fell to around Rs. 980-985 per 10 kg after Saurashtra. Meanwhile, the Committee on Cotton Production and Construction (CCPC), formed by the government and representing various constituents of the textile sector besides cotton farmers, has forecast a 14-year low in the cotton crop in the current 2022-23 season in the country after the Cotton Corporation of Indi...

- Industrial guidance - Dhiru Parekh A traditional symbol of Indian woman's good fortune is the forehead veil. A woman's makeup looks incomplete without a beautiful chandla adorning the forehead. In modern times, not only brides, virgin girls also wear Chandal on their foreheads for beautification. No matter how much fashion has progressed, there is no decline in the popularity of Chandla. Indian Chandla is known by different names like Tika, Potu, Sindoor, Tilak, Talkam, Kumkum, Bindi, Teeli, Tildi, Choi and Bindi, Bindi means black dot, a small dot of soot to prevent a child from catching the evil eye. is done below. This is a practice. Since ancient times, in Hinduism, women wear a small or large Chandal in the center of the forehead, between the two eyebrows (Bhal region). Chandals were made from sandalwood, kanku, vermilion etc. from ancient times but nowadays many types of Chandals are made. There is also a change in the types of Chandla. In which natural kumkum, syn...

Boolean Bits - Dinesh Parekh The central banks of each country have increased their gold reserves by buying 125 tonnes of gold. Against the black market, gold traders are currently taking immediate advantage of the Fed's new monetary policy and the expected 25-point interest rate hike in May, which has created volatility in gold prices, and gold has started collapsing between the 1980 and 2015 dollar per ounce range. In the month of January and February in the world market, the central banks of each country have increased their gold reserves by buying 125 tons of gold, which is the largest purchase since the year 2010. Bank of America is calling gold's bullish endorsement, saying now is the time to invest in gold exchange-traded funds and buy gold. At present, the threat of global financial crisis, drastic changes in environmental cycles, Ukraine-Russia war, US-China tension, North Korea's nuclear weapons show, agricultural news, oil price fluctuations, etc. have attr...

- In 2023, oil demand is likely to increase by two million barrels per day - Crude prices are unlikely to rise above $100 per barrel this year - 80 percent of India's demand is met by imports and Russia's share in it has now increased India is now making its mark in the global market. After becoming a big player in the gold market, now India is making a name for itself in crude oil as well. Both the demand generated from India and the diplomatic policy here are expected to be important factors in the crude oil sector in the coming years. Meanwhile, the crude oil picture is also murky amid the ongoing global uncertainty. There is a situation where the price increases one day and then decreases the next day. It is to be noted that crude oil prices continued to fall last Friday, as the signs of recession in America are ringing, which has been asserting itself intermittently. In such a situation, the demand of crude oil is decreasing and due to this, the price is also decreas...

- The Conundrum of Economics - Dhawal Mehta - The last of the three stages of capitalism is the increase in economic inequality Right-wing politics in the Western world is divided into two sections: the Right and the Far Right. The right-wing ideology in economics there is now called neoliberalism. Neoliberalism is an extension of capitalism and the last of the three stages of capitalism and the last stage to increase economic inequality. The first form of capitalism started as merchant capitalism in the early 17th century. East India Company of Merchant Capitalism was founded in England in AD. It happened in 1600. The industrial revolution did not happen when the countries of the western world like England, France, Holland, Portugal etc. established their own commercial companies and established their colonies (colonies) in the poor countries of the world. Is. During the 1760s, the Industrial Revolution in England spread almost everywhere in Europe. This second stage of capitalism ...