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Saturday, June 15, 2019

Nirmala Sitharaman's Budget may have little to offer for telcos

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THE ECONOMIC TIMES
Sat, Jun 15, 2019 | 05:13 PM IST

Daily Newsletter

India's flat May fuel demand points to sluggish economy

Fuel consumption, a proxy for oil demand, was 18.61 million tonnes in May, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed on Saturday.

Nirmala Sitharaman's Budget may have little to offer for telcos

The mobile operators association COAI has urged the new government to slash the overall levies to 4-5 per cent to eas...

A former RBI man wants India to bring back the 5-year plan

By high growth I mean 7% plus and that is not possible without focus on growth, he said....

Filling salary details in ITR-1 for FY 2018-19 gets easier for taxpayers

In the previous year, the format in which break-up of the salary was required to be filled in ITR-1 was not in sync with the Form-16.

L&T-Mindtree deal: worth it?
It is time to ask if the deal signals greater consolidation among India's mid-sized IT companies.
More From our Partners
As trade wars roil global markets, exporters are set for a difficult time: FIEO's Ajay Sahai
"We are not a major player who commands 10% of the global trade. Therefore little downfall in trade will affect," he said.
FEATURED STORIES
Jobs, economy core challenges for Sitharaman Jobs, economy core challenges for Sitharaman
Budget needs to focus on reviving investment and the obvious tool of boosting public investment is also not available...read more
No former PMs to be in Parliament this Budget session » 
Chinese language made mandatory in many schools in Nepal » 
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The enablers: These changemakers are helping millions, breaking barriers

Across India, with their set of unique product offerings, many new age, tech-led players such as Payworld, ShopX and Shiprocket are playing an enabling role for MSMEs.

Exporters are set for a difficult time Exporters are set for a difficult time ...
Ajay Sahai, DG & CEO, Federation of Indian Export Organisations
Market Watch 15 Jun | 05:13PM|
SENSEX NIFTY USD/INR GOLD
39452.07
-289.29
11823.30
-90.75
69.79
0.29
33074.0
115
MARKET NEWS
Market divergent & chaotic, unwilling to move either way

Sectorally, the market is divergent and chaotic and no single inference can be drawn upon....

How Sebi wants to discipline rating agencies and restore faith in them

It is mandatory for the rating agencies to publish a standardised liquidity indicator....

Gainers Losers 15 Jun, 2019, 05:13PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Rites 293.65 6.05 161385 297.8 277.0
V-Mart Retail Ltd 2255.80 3.52 598 2270.0 2185.1
INTELLECT 274.30 3.49 68100 277.5 265.8
Great Eastern Shipping Company 273.65 3.48 5624 276.0 263.6
Teamlease 3092.55 3.46 1052 3110.0 2975.0
MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
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Four mantras for success by Jeff Bezos
Four mantras for success by Jeff Bezos
Now you can make money on the side with Amazon
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In India Uber set to cover air and land with flying taxis, quadricycles
In India Uber set to cover air and land with flying taxis, quadricycles
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FROM THE NEWSPAPER
India may get caught in Sino-US 5G war: NSAB chief

Identifying an Indian standard essential patent that is awaiting global approval as the silver lining that can give t...

Aircel RP, suitor in talks with existing telcos for spectrum sale

Aircel and its proposed acquirer's move contradicts DoT stance that only govt can sell airwaves....

After multiple pauses, India to raise tariffs on US goods

Higher duties have been proposed on apples, walnuts, chickpeas, boric acid and diagnostic reagents....

I-T summons Naresh Goyal in tax evasion case

The case is related to alleged irregularities in dealings between Jet and Dubai-based cos....

IL&FS probe: NFRA seeks documents from auditors

Nearly 40 auditors including Deloitte, KPMG, EY have been asked to give hard copies, cloud access....

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Trump's U-turn l Nifty may see pullback I Markets pine for Fed rate cut

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DAILY BRIEF

Sat, Jun 15, 2019

#ValueInvestor#SmallcapHunters#Paathshala#ExpertView#Podcast
TOP OF THE DAY
All eyes on Fed as stock market pines for rate cut
Those gains came on the heels of a selloff in May of nearly 7 per cent in the S&P
D-St week ahead: Nifty may see tech pullbacks, but no major surge
Market divergent & chaotic, unwilling to move either way
How Sebi wants to discipline rating cos and restore faith in them
Bank of England to keep key rate unchanged as outlook darkens
Currency markets expose a crucial flaw in Trump's China tariffs
Trading strategies: Kunal Bothra on 2 stocks to sell next week

Top Gainers

NSE
7 companies (largecap) appreciated more than 1%
Cummins India 2.41%
The New India Assurance Company Ltd. 2.17%
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Top Losers

NSE
1 company (largecap) price decreased more than -5%
GRUH Finance -5.01%
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52 Week High

NSE
16 companies touched new 52-week high today
Soni Soya Products Ltd. 12.27%
Smartlink Holdings 12.18%
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AdvertorialUnderstanding the perks and woes of business travel
Trump says 'it doesn't matter' if Xi agrees to meeting at G-20
Trump has repeatedly threatened to raise tariffs if Xi doesn't meet with him at the G-20.
Strong US retail sales improve economy's fortunes
China factories see slowest growth in 17 years
Shibani Sircar Kurian's 4 sectoral ideas for wealth creation
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To grow at 8-9%, India must revive five-year plan: Ex-CEA
By high growth I mean 7% plus and that is not possible without focus on growth, he said.
SBI says it continues to lend to NBFCs
Neeraj Gambhir to join Axis Bank
Investors should be wary of Sintex Plastics: Analysts
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