Market and Business News

- 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

- 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.

- 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

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

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

- 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

- 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

- 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.

- 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

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

- 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

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

- 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

- 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

- 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

- Commodity Current - Jayavadan Gandhi - Possibility of correction in spice items due to income pressure Nowadays the Holi festival is coming with the echo of Russia-Ukraine war. Inflation in Indian markets is at an all-time high, with petrol-diesel as well as most commodities including gold-silver and spices, oilseeds, pulses on the rise. The atmosphere is heating up, especially in edible oils and spices. In the last fortnight, prices of edible oils have gone up by Rs 10 to Rs 15 per liter and spices by Rs 20 to Rs 5 per kg. The same is true of beans. From 5 to 20 in the last week of February. Turmeric- Coriander has gone up by Rs 20 and chilli by Rs 15 per kg. Rayda oil prices are at a high of Rs 15-150 and refined oil is hovering around Rs 150-14. Edible oils are yet to become self-sufficient. At present 30 to 5 quantity of edible oil depends on imports. Apart from palm oil, other refined oils are mostly imported from Argentina, Brazil and Ukraine while palm oil is imported from

- In the family feud of the industry, the new generation has been fighting for decades to name the brand after itself. The history of industries in India is through family merchants or businessmen. Businesses that started decades or centuries ago split when they fell into the hands of a new generation. In some cases after the split there is a quarrel for the brand created by the next generation. Sometimes the matter is settled through mediation and sometimes the quarrel reaches the court. Currently running between the 12 year old Kirloskar group and the 5 year old hero group. In both cases, the family members are fighting in the court. This is not the first case in India's corporate history, it may not be the last! It is important to understand what a brand is before we learn more about controversy. Philip Kotler, who has been in the marketing field for almost six decades and is considered as the father of marketing in the world, says, Who makes this based on name, word, symbol.

Adverse effects on Indian currency, bonds and stock market in the wake of Russia-Ukraine war The rupee continued to depreciate against the US dollar against the dollar. The dollar had crossed the 7 level last week. The dollar was heavily sold by public sector banks on behalf of the Reserve Bank of India. But even that has not benefited the rupee much. This is the biggest fall in the rupee on a weekly basis in the last 11 months. The rupee has depreciated 1.18 per cent against the dollar in the past week. The Indian currency appears to be at an all-time low. If crude oil prices continue to rise, the rupee could touch સ્તર 5 against the dollar. Some believe that by the end of March, by the end of the military conflict between Russia and Ukraine, the rupee could begin to slide below the સ્તર 5 level. 'There are few occasions when financial markets are volatile due to geopolitics. Something similar has been happening for the last two weeks. The war between Russia and Ukraine is aff

- Google Ad and Social Media Pages Reveal Fraud by Taking Consumers to Bogus Electric Vehicle's Website Technology is being misused for cyber fraud, hacking more than it is being used for good purposes. The Government of India is promoting battery-powered electric vehicles to reduce the huge import bill and pollution of crude oil. In which ile. Consumers are being offered many benefits including government subsidy on vehicle purchase. Even then, the stakeholders are leaving no stone unturned to take advantage of the innocence of Indian consumers. Hackers are cheating Indian consumers by creating a bogus website for an electric vehicle company. A research has revealed that a phishing campaign is being run through Google Ad on a wide-ranging search agency targeting electric vehicle sellers and consumers in India. It is estimated that about four to eight crore rupees were embezzled from Indians in this fraud. In other words, a lot of money has been cheated. A security firm, CloudS

In the wake of the war, international crude oil prices rose above USD 120 per barrel last week for the first time in nine years. Fuel prices will rise after the results of various state assembly elections are announced this week. At present, Rs. Prices are likely to rise sharply from 10 to 12. According to the Petroleum Planning and Analysis Cell of the Ministry of Oil, India's basket of crude oil purchases rose to ૧ 114.5 a barrel on March 8, the highest since 2014. At the time when petrol and diesel prices stabilized in early November last year, the Indian basket of crude oil averaged ૫ 71.8 a barrel. Now with the state elections coming to an end next week, the rise in daily fuel prices for both gasoline and diesel is expected to resume. Auto Fuel Net Marketing Margin Minus Rs. 3.5 per liter and from FY22 to today's Q4, Rs. However, on March 17, the net margin fell to minus Rs. 10.1 per liter and on April 1 minus Rs. 12.5 may occur. A sharp decline in net auto fuel marketin