Market and Business News

(Gujarat News Representative) Mumbai, Ta. December 24, 2019, Tuesday With calendar year 3 approaching, the fund had booked index-based profit bookings in stocks during the holiday mood preparations before Christmas. The Economic Monitoring Fund (IMF) has warned the central government now with the projections of GST revenue consolidation to be less than Rs 1 crore this year, with the industrial production growth (IIP) plummeting, with extraordinary rise in inflation in the past. Advised to take steps to prevent degradation and on the other hand by the government By number of projects have been slowed down in economic growth, despite the measures taken in this situation today shares funds increased profit taking precautions. Index-based overboat positions in stocks were seen to be slower, as futures and options (F&Os) are also likely to end on Thursday. Sensex, down 5 points, fell 5.7 points, and Nifty spot closed 4.1 points to close at 5.4, closing the fund's profit booking on...

Mumbai, Ta. December 24, 2019, Tuesday In the Mumbai oil-seeds market, Singtel and Cottonseed oil prices continued to hit headlines due to rising prices. Havala-resale prices in Palmetel were 5 kg, however, after the shock, prices were again rising at Rs 5 and JNPT Rs. Havala-resale today saw scattered trade between Rs 1 and 2 at one point and then the price was again high. Meanwhile, the direct delivery of refineries was today at December delivery at Rs 5, while prices were speaking at Rs 5 in the evening after being traded at Rs 5 for January 3 to 5. Meanwhile, prices of crude palm oil CPO Kandla remained at Rs. In the futures market, CPOs were up by Rs. 5 in January. While the futures prices for Soytal were Rs. 8, the price was Rs. In the world market today, the futures price of palmetta in Malaysia was last at 5 and 5 points plus when the prices of the palm products were calm. Meanwhile, after a slight decline in Chicago's soybean futures overnight in the United States, th...

New delhi date. December 24, 2019, Tuesday In comparison to the global average, the wealth of mutual funds in India is limited, but in terms of valuations, Indian asset management companies have reached the top level globally. On the other hand, in the last five years, mutual fund assets have witnessed a growth rate of 5%, due to the attractiveness of investors. HDFC AMC and Reliance Nippon Life Asset Management are listed AMCOs in India and they are trading with trailing multiple of 1 and 2 respectively. The stocks of these two Indian AMCs have yielded more than 5% returns so far in 5th. The geographical presence of Indian listed mutual fund companies is increasing. In addition, there is a steady flow of money from small investors through the Systematic Investment Plan (SIP). During the past five years, the asset under management of home-based mutual funds has grown by 5% annually, which is the second rate after China. Home SIP book increased to Rs. 3 crore compared to Rs 3 crore...

New delhi date. December 24, 2019, Tuesday Due to the Kumbh Mela, the leather products exports of India, which has been closed for a long time at Kanpur, have hit the 7th. Leather products exports declined by 5% in April-August this year compared to April-August period. During the April-August period of last year, exports of leather finished products stood at $ 8 million, down from $ 8 million in the current year. Kanpur accounts for about 3% of the value chain of finished leather products in the country, official sources said. Prior to the Kumbh Mela in January-March 9, the Uttar Pradesh government had directed the closure of leather products manufacturing units so that pollution would not spread in the Ganges during the fair. The Pollution Control Board of Uttar Pradesh issued a directive to keep the units closed from December 3 to March 3. However, the units had started closing just one month before this date, so that the waste could stop spreading. There are approximately 3 su...

(Gujarat News Office) Mumbai, Ta. December 24, 2019, Tuesday Mumbai jewelery market was gaining momentum today. World market players were addressing the boom as a Santa-rally. Gold remained active at the global market today, with gold prices rising to $ 8.25 an ounce, while the dollar was trading at $ 8 in the evening. Silver followed with gold, rising to $ 5.7 a ounce in the world market today, leaving $ 8 on the evening. With the rise of the world market and the domestic currency market today, the rupee against the dollar imports of precious metals has risen and prices have been rising in the jewelery market before Christmas. In the currency market today, the dollar has increased by Rs. 5 to Rs. 5 and closed at Rs. Dollar prices were hiked by 5 paise today while the British pound tumbled. The British pound prices were down 5 paise today to 1.5. At one point in the current market, the price of the pound had come down to Rs. Meanwhile, the euro prices were up five paise to Rs. The ...

New delhi date. December 24, 2019, Tuesday Stating that India is in the midst of a severe economic downturn, the International Monetary Fund (IMF) has urged the Government of India to take immediate policy steps to tackle this long recession. According to a report issued by the IMF, India's rapid economic expansion in recent years has left millions of people out of poverty line. However, the growth of the economy in India has slowed down due to the impact of various factors. The slowdown in economic growth rate is currently becoming an issue for India. We believe that this recession is cyclical and not temporary, and that it is caused by a breakdown in the financial sector. The recovery will not be as fast as previously reported, "IMF's Renil Salgado told PTI. The IMF has issued an annual report on India depicting the economic situation of the country. While the risks associated with Outlook are shrinking, the Government of India has also emphasized on continuing stro...

In India, there is a general perception that women are more likely to shop online than men, but a market research firm has found that men are more likely to shop online than women. Women are ahead of men in online shopping. In addition to clothing, footwear, luggage and fashion accessories, such as footwear, make up 5 to 5 percent of the total products. In a study on Shoppers Behavior on E-Purchasing, women choose to do a trial before purchasing clothing, so men's participation is as high as 5% compared to women. This trend of men's shopping consisted of eight metro cities. Over the past few years, the online clothing market for children's clothing has grown, accounting for 5% of all clothing purchases. Every other person on the line has a new buyer. Online sales hours are more than 8am to 6pm in which people come home from work and work. Mobile phones, televisions and electronic goods are the biggest purchases at this time. Fashion products are second in total products. ...

(Gujarat News Representative) Mumbai, Ta. 23 December 2019, Monday In the last week of calendar year 7 and the last week of December trends in Futures and Options (F&O), the index-based record boom broke out amid the declining activity of foreign funds. With the weak figures coming down on the economic front, the ruling Bharatiya Janata Party (BJP) also lost one state Jharkhand on the political front, signaling further worsening of the situation on the economic front and measures to re-open the government by placing economic reforms on the forthcoming central budget. In the meantime, the fund had eased trading in caution. Along with this, it was seen that foreign funds are getting into the holiday mood for Christmas vacation. Negative news also cautioned profit-booking in FMCG, pharma, banking stocks, with caution in the negative news that the government had intervened to sell holdings to Aram in Reliance Industries. Of course, in the last hour, short-term intra-day traders saw a...

Mumbai, Ta. 23 December 2019, Monday New demand in the Mumbai oil-seeds market was slow today. The prices were talking high. World market news showed narrow fluctuations. In Malaysia today, Palmetel was reported at five points plus the nearest delivery today while distant delivery was at 5, 6 and 5 points minus. There, the prices of the palm product were two and a half dollars soft. Chicago soybean futures in the US were up 5 points in projection this evening. Meanwhile, in the Dubai market today, the price of palmetta was Rs 5 per kg of hawala resale and Rs 6 for the JNPT. Hawala-resell today traded around 5 tonnes while direct delivery prices of various refineries were high. However, imports were still lower in the market than cost, according to informants. The cost of imports of Palmetal is currently rising at Rs 1 to 3 while the market price is down. Meanwhile, prices of crude palm oil CPO Kandla remained at Rs. While the futures prices for CPOs were Rs. 5 and soyatel's fut...

In the current calendar year Ahmedabad. 23 December 2019, Monday The calendar year of 2 has now reached its final stage. During this year, the stock market has witnessed huge upheaval. The BSE Sensex and the NSE Nifty have set new records on foreign investors' stock-specific takeover. On the other hand, due to various adverse reports, volatility in the market has resulted in the loss of retail investors altogether. The Sensex has a positive return of around 5% annually, but smallcap and midcap have a negative return. On the other hand, IPOs in the year of 4 have proved to be beneficial for primary market investors. Investors have gained huge profits in the shares of around 5% of the companies that are listed in the market after the IPO was introduced in the year. In addition, recently, two banks' IPOs received a narrow listing gain for investors. Of the eight stocks listed this year, eight stocks have given investors an advantage of 5% to 5%. Investors in IPOs received a s...

(Gujarat News Office) Mumbai, Ta. 23 December 2019, Monday Silver rose further today in the Mumbai jewelery market. Gold prices were also up. In the currency market today, the dollar has risen against the rupee. While British pounds and euros were in the news. Meanwhile, gold prices in the world market today were reported at $ 5 a barrel, or $ 8 in the evening. Funds were active in gold on the world market today. Gold prices are rising in the world market amid discussions over differences between China and the US over certain issues, according to informants. Meanwhile, silver in the global market, behind the gold, also went up by $ 5 to the high of $ 6 per share. Meanwhile, the dollar in the Mumbai currency market today closed at Rs. Dollar prices were up six paise today, while British pound prices fell by 5 paise to 1.8 per cent. While the euro prices were down 5 paise to 5.4. Meanwhile, in the Mumbai market today, gold prices remained unchanged at Rs 5, Rs 5, Rs 5 and Rs 5 off R...

Mumbai, Ta. 23 December 2019, Monday Statistics show that the rise of digital payments in the country has been declining since the blockade of 3. There are signs that Indians are not particularly enthusiastic about using cards, especially debit cards. The number of debit cards in October last year, which stood at 8.5 million, has dropped by 5% to 8.5 million in the last one year, as of October 1. The figure is at a two-year low. The number of debit cards in the 8th, which was 8 million, increased from 2 to 5 crore. According to the Reserve Bank sources, some 1.5 crore debit cards have been removed from the market. The decline was reported due to the departure from the magnetic strip to chip-based cards. Since EMV chip based cards are very secure, the Reserve Bank has made it mandatory for all banks to issue such cards. Due to the Reserve Bank's instructions, most banks were busy issuing new debit cards during the period. More than 5% of debit cards were reissued. On April 7, ...

Mumbai, Ta. 23 December 2019, Monday Despite the declining economic growth rate of the country, Foreign Portfolio Investors (FPIs) have invested huge sums of money in the Indian capital market, especially in equities. In the current year, the net market capitalization of the FPI has been estimated at Rs 1.8 trillion, with rupees invested in 8 crore equities. Which is at a high of 5 years. The data shows that Rs 5 crore has been invested in debt instruments. Experts expect the year to be positive in terms of FPI investment. However, given the poor position of the home credit market, the downside risks cannot be ruled out. Against this there is a softening tension between the United States and China, the money being channeled by the central banks of different countries and the improvement in the income of domestic companies are expected to be positive. In the current year, FPI has bought a net worth of Rs 5 trillion while selling equities, debt instruments and hybrid equipments wort...

New Delhi, December 22, 2019 Sunday The beautiful Indian Pichai, who took over as CEO of Google's parent company Alphabet, will get a package of Rs 1,722 crore ($ 246 million) for the next three years. This is the largest package ever available to any search engine company official, which includes shares of Rs 1,680 crore ($ 24 million) company and tech home celery worth Rs 42 crore ($ 60 million). According to information provided by the company to the American stock market on Friday, Pichai will receive an annual salary of Rs 14 million ($ 20 million) per year from 2020, before Larry Page, the first Alphabet CEO of Pichai, used to buy only $ 1 celery. Amit Batish, marketing manager at Equilor, a company that monitors the salaries of executives, said: "Comparing the salary to a CEO, Sundar Pichai is just a step away from Apple CEO Tim Cook. Wherever Tim Cook became Apple's CEO, he received a total of 2,632 crore rupees ($ 37.6 million). '' The particularly t...

(Gujarat News Representative) Mumbai, Ta. 23 December 2019, Saturday The calendar year 1 is approaching, and now the futures and options (F&O) are likely to see an index-based collision move in the market due to the end of December next week. Despite sluggishness on the economic front, giant funds have kept the Sensex-Nifty at a new historical level, keeping the Sensex-Nifty at its peak. But with the index-nifty and Sensex stocks strong enough and some heavyweight stocks remaining limited, there was still disappointment among investors in the side markets, namely small, mid-cap stocks. The business-corporate India government has many expectations in the business sentiment of the lost. For this, the meeting is set on the central budget to be introduced. With the economy booming, many trade-offs for the stagnant businessmen, despite the anticipated recovery in the days ahead, worry about the consequences of the end of December 5 in the wake of uncertainty, stocks will rise again, a...

Mumbai, Ta. 23 December 2019, Saturday The prices of the onion were coming down on the weekend when imported onion came into the market. The prices of good onion produced in the wholesale market were talking at Rs 3 to Rs 5 per kg in the wholesale market while the average quality price was at Rs 5 to Rs. Onion prices imported from Egypt, Turkey, Afghanistan and other countries were calling at around Rs 3-4. However, because of the heavy weight of onion from Turkey, especially from Turkey, it does not work in domestic consumption. Such onion runs in hotels or in large-scale consumption, market circles said. Due to the heavy weight of some varieties of onion in India, only two onions are available in one kilo of onion, market sources said. That is, an onion weighs around half a kilogram. Meanwhile, onion prices are expected to decline by 5% as new domestic onion income begins. Market circles are expecting the onion prices to fall to Rs 3-5 per kg by mid-January.

Mumbai, Ta. 23 December 2019, Saturday In the week ended December 1, India's forex reserve increased by $ 8 billion to $ 1.8 billion. Overall reserves have been boosted as a result of the $ 5.5 billion increase in foreign currency assets. Foreign currency assets depicted in dollar terms include the impact of fluctuating currencies other than the dollar reserves in the Forex Reserve, such as the euro, pound and yen. The country's gold reserve also rose by $ 100 million to $ 8 billion, according to the Reserve Bank data. The country's gold reserve stood at $ 1.8 billion over the weekend of December 3. India's import cover will also improve as forex reserves increase. In June of the current year, the country's import cover stood at six months, with $ 1.8 billion. Imports cover is likely to increase when the forex reserve rises to $ 1.8 billion.

(Gujarat News Office) Mumbai, Ta. 23 December 2019, Saturday Bullion Bazaar was officially closed on Saturday in Mumbai Zaveri Market. In the closed market, gold prices continued to hit narrow fluctuations, while silver prices surpassed the world market. Meanwhile, the closing price in the Mumbai currency market today showed a slow improvement in the dollar against the rupee. As the dollar index rose higher in the world market, the global funds were gaining momentum. - Gold prices in the global market were $ 6.5 to $ 6 a week, with $ 5.5 a week. However, silver prices in the world market went up by $ 8.2 per ounce, eventually rising from $ 1.8 to $ 8 in hopes of increasing industrial demand globally. Following this, silver price in Mumbai market today rose to Rs. Increase by Rs. 1 was called while the price in cash was around Rs. 6 were high and prices with GST were three per cent higher. Meanwhile, gold prices remained calm in the Mumbai market today. Price of 5 grams of gold wit...

(PTI) New delhi date. 23 December 2019, Saturday With the completion of several mining leases, there is a possibility of disruption in the steel industry after March 5, said state-owned Steel Authority of India Ltd. (SAIL). Some leases for coal and iron ore mining are coming to an end on March 7. As per the amended Mines and Minerals (Development and Regulation) Act, this license will not be renewed and the mines will be allocated through new auctions. Due to the change in the Act, every allocation is taking place around the auction route today, with many issues being raised and it may be time for the steel industry to intervene from April next year. Because the coal will have to be re-auctioned, Sail sources said. He was speaking at an event organized by Fiki. High raw material prices are also becoming a concern for the industry. In India, steel production costs are the highest today. The main reason for this is taxes. Twenty percent of the royalties pay for raw materials. Freig...

Mumbai, Ta. 23 December 2019, Saturday There was a new demand in the Mumbai oil market today. The game festival was organized today by an association of oil market traders and as a result, the market presence and new trades were also fanned. Meanwhile, America's Chicago soybean futures were overweight on the world market. While there were soybean futures at 5 to 6 points a night, soybean futures were reported at 3, 5, 6 and 5 points plus at night. Meanwhile, news of the New York Cotton Futures Overnight Pony lift was reported. Meanwhile, according to news from Indonesia, the government has decided to impose a tax of $ 8 per tonne on the export of crude palmoil CPOs, as implemented from January. Meanwhile, in the Mumbai market today, the price of 4 kg of singleton was Rs. There were 3 while Rajkot side price was Rs. 3 and 5 kg of Rs. There were two. In Mumbai market, the price of petrol is Rs. While the price of soytail is Rs. There were two. The price of Raidtel is Rs. 1 and r...