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Delays in resolving cases under IBC are a major challenge for lenders

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- There is also a risk of a decrease in the value of assets due to the length of the settlement process Lenders are being forced to spend more and more money in settling cases under the Insolvency and Bankruptcy Code (IBC). Few investors seem to be eager to buy assets under stress amid the economic downturn caused by the Corona epidemic and investors who come in want to buy assets at huge discounts. The decline in private consumption caused by Corona has made recovery challenging for many companies. Corona has further depreciated the value of assets at a time when there is a lot of time spent in disposing of assets under stress due to issues such as loss in legal proceedings and unusual delays in resolving cases. Due to various adversities, the recovery rate of financial lenders in the December 2011 quarter was 15.50 per cent lower than the number of cases filed. The overall recovery figure, which stood at 7.50 per cent in the September 2018 quarter, also declined to 8.10 per cent i

The post-Russia-Ukraine war shook the globalization process

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- The ruble weakened significantly after the Ukraine crisis The world has changed since the Russia-Ukraine war. It is too early to understand the full consequences of the war that is about to unfold. But two things are quite clear. Russia's military action in Ukraine is expected to bring about changes in the system of international relations in the long run. Second, the trend of globalization began to reverse before the Ukraine crisis, but now it has suffered a major setback. There are fears that the war could have an adverse effect on the economies of countries around the world and increase inflation. Russia has declared the debt of Russian companies to other countries as an unfavorable issue for payment in foreign currency following sanctions imposed by Western countries. Now these payments can only be made in rubles. Thus, Russia has hit the West indirectly. Russia's move is likely to hurt Western banks and companies. The ruble has weakened significantly since the Ukraine

Decrease in capital inflows in banks in last 12 years

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- PSU banks easily raised money from the market due to improved financial condition The government has not required capitalization of any state-run banks except Punjab and Sind Bank in the current financial year. This will probably save Rs 10,500 crore out of the Rs 15,000 crore earmarked for this purpose in the revised estimates (RE) for FY2. This can be considered as the lowest capital inflow by the government in the last 15 years. Last month, Punjab and Sind Bank sought approval from its board to raise equity capital of Rs 4,500 crore by issuing preference shares to the government, which would enable it to increase its capital adequacy. The government has not budgeted any amount for recapitalization for the next financial year. Public Sector Banks (PSBs) reported profit in FY11 despite the epidemic. In addition, many of them have raised significant capital in the last two years. " The senior banker said that since all public sector banks are well-capitalized, their ability

The additional federalism will have a limited effect on the Indian economy

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- The Reserve Bank will wait for fiscal policies to curb inflation In these rural times, monetary policy will be based on local macro-economic conditions rather than global factors. However, measures to tighten liquidity by the federal and some other major central banks could force the RBI to adopt a less ambiguous tone at its next policy meeting in April. While its favorable trend must continue to support growth. U.S. The Federal Reserve's decision to raise interest rates for the first time in three years will only have a limited spillover effect on India, as markets have largely absorbed the impact, economists said. In addition, given the strong macroeconomic fundamentals, India is well prepared to withstand any external shock. The Reserve Bank and the government also have the tools needed to remove most of the extra spill, he added. In fact, the stock markets responded favorably to the Fed's rate hike. Foreign portfolio investors, the main channel for spillover, have pul

Bogus loan, KYC leak will create mistrust in fintech industry

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- Out of about 1,100 loan applications available for Android users in India, 200 apps were found to be illegal. - Fintech applications offering instant loans at high interest rates explode like a cat's cap Fintech Industries is expanding rapidly in India and the growing acceptance of online payments from Indians is a major support. However, incidents like bogus loans, KYC data leaks have created a climate of mistrust in the fitneck industry which has hampered the growth path. Surya Prakash Tripathi is a 40-year-old marketing professional and his CIBIL score assigned by a credit information company is mostly above 200. He received a number of credit card and personal loan offers every day. However, a few days later, he was shocked by an incident when it was reported that his CIBIL score had dropped to 40. The incident led to him being disqualified from being a guarantor in his co-worker's loan application due to his low credit rating. Tripathi questioned the credit monitori

Capital investment for the next decade

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- Gold days are coming to India for capital investment: Global investors are leaving China and coming to India. India is also booming in the field of artificial intelligence - Areas in which investment opportunities will increase over the next ten years include fintech, electric vehicle, pharmaceutical, digital etc. - Unicorn companies are working miracles in India. According to a report, 11 new unicorn companies are coming - In politics what is called double engine government the flow of capital investment will also be like double engine for industries. This will increase capital investment in key sectors as well as benefit new emerging sectors Gold days are coming to India for capital investment. This is not what the government is saying, but Kumar Mangalam Birla, whose companies have a turnover of à«© 50 billion a year and whose company employs about 1.5 million people, is saying that the next ten years will see a flood of capital investment in India. The flow of capital investm

Crude breaks in hopes of increasing supply from Iran and Venezuela ...

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- Like the Organization of the Petroleum Exporting Countries (OPEC), the Consumer States are now in the process of forming an organization! The recent unprecedented jump in the price of Crew Detail has stunned world market veterans and big players as well as fund managers. The impact of the war between Russia and Ukraine on the crude market has been significant. However, even before the war, crude oil prices were seen rising globally and since then, the recent war effect has given rise to such a boom, according to world market sources. Russia ranks second only to Saudi Arabia in terms of crude oil exports to the world market. In such an environment, the price of Brent crude oil in the world market soared to ૩૯ 15 to ૪ 120 a barrel and the market rushed to set a new record. Crude prices soared to a 15-year high. Earlier, crude oil prices jumped above ૪૫ 15 a barrel in 2008, which was an all-time high, and in the recent boom, although the market has not yet reached a record high, var

Import machine without paying customs duty and export responsibility

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- Antenna-Vivek Mehta - Customs duty can be paid without the burden of interest only when the raw material is imported without paying the customs duty and then the finished product is not exported. The Government of India has announced a Customs Bonded Ware House Scheme for the country's manufacturers. Machinery can be imported under this scheme without paying duty and without obligation to export. Similarly, if the finished product manufactured from imported raw materials is exported, it will not be forced to pay import duty. Even if the finished goods are destroyed in the warehouse in this way, the obligation to pay customs duty on the import of raw materials for it will not be burdened. Yes, new companies can take advantage of this scheme. But before taking advantage of this, he needs to get a clear understanding of the pros and cons of the scheme. Yes, the manufacturers who come forward to avail the benefits of this scheme will not be given benefits under other schemes i.e.

If you get Guru's blessings with hard work, business will flourish

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- Religious gurus, family astrologers, Vastu Shastris and Tantrics are more important than the advice of financiers on bringing IPO, starting new companies, doing business abroad etc. - When former NSE chief Chitra Ram Krishna was told that he would go ahead and ask his guru in the Himalayas, everyone was surprised that it would not be acceptable for him to act on the advice of a Himalayan yogi sitting at such a high post. - Tirupati Balaji has set up at the entry point in the offices of the Information Technology Hub like Bangalore and every staff member including the boss of the company takes off his shoes and starts working. When he told Chitra Ram Krishna, the former head of the NSE, that he would go ahead and ask his guru in the Himalayas, everyone was surprised that it would not be acceptable for him to act on the advice of a Himalayan yogi sitting at such a high post. The case is under investigation. The fact that this yogi from the Himalayas is actually the advisor behind t

Big jump in gold-silver futures on a weekly basis

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The country's leading commodity derivatives exchanges recorded a total turnover of Rs 2,18,612.11 crore in 2,6,050 deals in various commodity futures, options and index futures during the week from March 8 to 10. The precious metals index Buldex was up 1031 points in March futures, the non-ferrous metals index Metaldex was up 11,500 points in March futures and the energy index was up 191 points in March. Among the precious metals futures, gold and silver traded at a total volume of Rs 2,6.5 crore in 19,3,208 deals. Among gold futures, MCX Gold April futures opened at Rs 31,405 per 10 grams at the beginning of the week, hitting an intra-day high of Rs 4.5 and a low of Rs 21,600 during the week. The price reached Rs. Against this, the Gold-Guinea March contract rose by Rs 1,205 per gram to Rs 2,62 and the Gold-Petal March contract rose by Rs 15 per gram to Rs 2,6. Among silver futures, silver May futures opened at Rs 2.3 per kg at the beginning of the week, hitting Rs 3,08 at intr

Index 56243 and Nifty Future 16754 important resistance levels

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The BSE Index (closed at 80.30 on 11-08-2) is in favor of a reactionary correction from the bottom of 20.8. At present, the average for 15 days is 4.5 and for 5 days it is 3191.5 and for 200 days it is 8.30. Daily and weekly MACDs are soft. Shows position towards overboat on daily basis, oversold on weekly basis as well as oversold on monthly basis. If you jump 2 above, chances are up to 200, 40, 505, 50, 60. If the support of માં is broken at the bottom, ાય is considered an important surface. Colgate (closing price of Rs. 19.30 on 11-09-2) is in favor of reactionary improvement from the bottom of 18. At present the average for 15 days is 121.5 and for 13 days it is 13.50 and for 200 days it is 1211.81. Daily and weekly MACDs are soft. Shows overboat positions on a daily basis, neutral on a weekly basis and overboat positions on a monthly basis. If 1211 jumps above 1500, the probability is up to 1917, 18, 190. Below 151 counts below 12 support. Tata Chemicals (closing price of Rs. 3

The surge in crude will increase fuel costs by about 50 per cent

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- Policymakers are concerned about how long the current uncertainty will last Sanctions on Russia have affected crude supplies. India imports 5% of its total fuel requirement. The share of the country's fuel imports in GDP is the highest compared to other major economies. A decade ago, the ratio reached an all-time high of 7%. But before covid it has dropped to just four per cent and less than three per cent during the epidemic. If current prices remain the same, the ratio could rise again to 5 per cent. The country's 12-month crude oil imports currently stand at 1.3 billion barrels, up from 1.3 billion barrels before the fall in demand due to covid. If the economic output in the next financial year is 10 per cent higher than the previous year, net oil imports could reach 1.5 billion barrels. Oil prices have also risen above the level of December 2021. That means an additional burden of about ડો 20 billion on this front as well. However, this is only part of the effect. The

A new challenge to the government and the RBI in the wake of the war

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- If certain steps are not taken then adverse factors will become more prevalent in the near future Markets around the world, investors and economic policy makers are feeling the shadow of Russia's invasion of neighboring Ukraine, but if the conflict continues for a long time, India will be among the most economically affected countries. The rupee has fallen to record levels. The rupee has now become the worst performing currency in Asia at 404. This happened when the Reserve Bank of India took all measures to stem the rupee's decline. The stock market also saw a decline and the Sensex fell to its lowest level since mid-last year. The price of crude oil has reached સ્ત 150 a barrel and it is feared that if war continues, it could touch થી 150 to ૨ 200 a barrel in a few weeks. Under these circumstances, the apprehension being expressed about the weakness of the Indian economy is also understandable. Rising commodity prices could put pressure on our economy as we import 3% of

Import machine without paying customs duty and export responsibility

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- Antenna-Vivek Mehta - Customs duty can be paid without the burden of interest only when the raw material is imported without paying the customs duty and then the finished product is not exported. The Government of India has announced a Customs Bonded Ware House Scheme for the country's manufacturers. Machinery can be imported under this scheme without paying duty and without obligation to export. Similarly, if the finished product manufactured from imported raw materials is exported, it will not be forced to pay import duty. Even if the finished goods are destroyed in the warehouse in this way, the obligation to pay customs duty on the import of raw materials for it will not be burdened. Yes, new companies can take advantage of this scheme. But before taking advantage of this, he needs to get a clear understanding of the pros and cons of the scheme. Yes, the manufacturers who come forward to avail the benefits of this scheme will not be given benefits under other schemes i.e.

If you get Guru's blessings with hard work, business will flourish

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- Religious gurus, family astrologers, Vastu Shastris and Tantrics are more important than the advice of financiers on bringing IPO, starting new companies, doing business abroad etc. - When former NSE chief Chitra Ram Krishna was told that he would go ahead and ask his guru in the Himalayas, everyone was surprised that it would not be acceptable for him to act on the advice of a Himalayan yogi sitting at such a high post. - Tirupati Balaji has set up an entry point in the offices of Information Technology Hubs like Bangalore and every staff member, including the boss of the company, takes off his shoes and starts working. When he told Chitra Ram Krishna, the former head of the NSE, that he would go ahead and ask his guru in the Himalayas, everyone was surprised that it would not be acceptable for him to act on the advice of a Himalayan yogi sitting at such a high post. The case is under investigation. The fact that this yogi from the Himalayas is actually the advisor behind the sc

Big jump in gold-silver futures on a weekly basis

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The country's leading commodity derivatives exchanges recorded a total turnover of Rs 4,12,612.11 crore in 2,6,050 deals in various commodity futures, options and index futures during the week from March 8 to 10. The precious metals index Buldex was up 1031 points in March futures, the non-ferrous metals index Metaldex was up 11,500 points in March futures and the energy index was up 191 points in March. Among the precious metals futures, gold and silver traded at a total volume of Rs 2,6.5 crore in 19,3,208 deals. Among gold futures, MCX Gold April futures opened at Rs 31,605 per 10 grams at the beginning of the week, hitting an intra-day high of Rs 4.5 and a low of Rs 21,600 during the week, with a rise of Rs 1.3 over the weekend. The price reached Rs. Against this, the Gold-Guinea March contract rose by Rs 1,205 per gram to Rs 2,62 and the Gold-Petal March contract rose by Rs 15 per gram to Rs 2,6. Among silver futures, silver May futures opened at Rs 2.3 per kg at the beginn

The surge in crude will increase fuel costs by about 50 per cent

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- Policymakers are concerned about how long the current uncertainty will last Sanctions on Russia have affected crude supplies. India imports 5% of its total fuel requirement. The share of the country's fuel imports in GDP is the highest compared to other major economies. A decade ago, the ratio reached an all-time high of 7%. But before covid it has dropped to just four per cent and less than three per cent during the epidemic. If current prices remain the same, the ratio could rise again to 5 per cent. The country's 12-month crude oil imports currently stand at 1.3 billion barrels, up from 1.3 billion barrels before the fall in demand due to covid. If the economic output in the next financial year is 10 per cent higher than the previous year, net oil imports could reach 1.5 billion barrels. Oil prices have also risen above the level of December 2021. That means an additional burden of about ડો 20 billion on this front as well. However, this is only part of the effect. The

Index 56243 and Nifty Future 16754 important resistance levels

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The BSE Index (closed at 80.30 on 11-08-2) is in favor of a reactionary correction from the bottom of 20.8. At present, the average for 15 days is 4.5 and for 5 days it is 3191.5 and for 200 days it is 8.30. Daily and weekly MACDs are soft. Shows position towards overboat on daily basis, oversold on weekly basis as well as oversold on monthly basis. If you jump 2 above, chances are up to 200, 40, 505, 50, 60. If the support of માં is broken at the bottom, ાય is considered an important surface. Colgate (closing price of Rs. 19.30 on 11-09-2) is in favor of reactionary improvement from the bottom of 18. At present the average for 15 days is 121.5 and for 13 days it is 13.50 and for 200 days it is 1211.81. Daily and weekly MACDs are soft. Shows overboat positions on a daily basis, neutral on a weekly basis and overboat positions on a monthly basis. If 1211 jumps above 1500, the probability is up to 1917, 18, 190. Below 151 counts below 12 support. Tata Chemicals (closing price of Rs. 3

Information about linear alkyl benzene (Lab)

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- Industrial Guidance-Dhiru Parekh The basic raw material for making synthetic detergent (sine date) is linear alkyl benzene, linear alkyl benzene sulfonic acid (LABSA), also called acid slurry. Detergents or washing powders are made using acid slurry neutralize by soda S and additions of fillers such as sodium sulphate, salt and other chemicals. Cindet detergent production in India in 2006 was estimated at 4.5 million tonnes. In which edition 0.5 MT laundry soap which was made by vegetable oil saponification. About 0.2 MT of linear alkyl benzene is required to make 2.8 million tons of detergent. Another type of surfactant is alpha olefin sulfonate. Then other types of N-ionic surfactants like fatty alcohol sulphate, fatty alcohol ether sulphate, sulfo succinate etc. are used for personal care. But this type of ionic surfactant is rarely used. The Indian Lab Industries: There are four companies in India that manufacture linear alkyl benzene raw materials. In which Reliance Indust

India, which has entered the digital transformation, needs an 'impenetrable' security shield

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- 290% increase in cyber attacks in 2021 - The biggest difference between the actual number of cyber attacks and the number of reported attacks in countries like India, Mexico, South Korea, Finland, Oman and Spain. India is currently going through a critical phase of digital transformation and the emphasis is on IT technology, digitization in every sector, industry. While digitization has many advantages, it also has some risks and disadvantages. With the acceptance of digitization by a large number of industries, India is facing sophisticated cyber problems. According to a cyber threat report, in the year 2021, India faced a cyber attack not only on its vital - complex infrastructure and digital financial systems but also on its numerous small businesses - which entered the digital age after the lockdown. The Chinese Double Dragon (APT21) and the North Korean Lazarus (APT3) are trying their best to prevent a malware cyber attack targeting the country's vital infrastructure an