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Tuesday, June 25, 2019

Monsoon covers nearly half of India

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THE ECONOMIC TIMES
Tue, Jun 25, 2019 | 05:00 PM IST

Daily Newsletter

Monsoon has covered nearly half of India: IMD

Monsoon rains are crucial for farmers who plant cane, corn, cotton, rice and soybean in June and July, with harvests from October.

Antigua may soon extradite Mehul Choksi

Antiguan prime minister Gaston Browne said that the country is ready to revoke the passport of Choksi after he exhaus...

Gross NPAs of banks may reduce to 8% by March 2020: Report

NPA in the banking system had peaked at 11.5 per cent in March 2018 and then declined to 9.3 per cent in March 2019. ...

Gifts have to be declared in ITR: Here's how they are taxed

The Finance Act 2004 introduced section 56(2)(v) for taxing gifts in the hands of the recipient.

ICAI seeks reply on RIL hospital's CSR fund
RIL says complainant, a former employee, has been indulging in mud-slinging.
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Paving the way for faster access to loans for MSMEs

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Export-led growth very critical for good jobs in India Export-led growth very critical for good jobs in India...
Arvind Panagariya, Ex VC of Niti Aayog
Market Watch 25 Jun | 05:00PM|
SENSEX NIFTY USD/INR GOLD
39434.94
311.98
11796.45
96.80
69.36
0.01
34744.00
303.00
MARKET NEWS
Who will replace Viral Acharya at RBI? Here are possible successors

The government will make a final choice in consultation with the governor....

Gold at 6-year high as financial, political tensions converge

US gold futures jumped 1.6 per cent to $1,440.20 an ounce....

Gainers Losers 25 Jun, 2019, 05:00PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Torrent Power 272.05 12.42 618415 275.9 241.0
India Cements 105.50 10.70 1326986 107.1 94.2
Emami 290.80 8.79 709753 300.95 271.75
MANAPPURAM 141.10 7.46 389093 142.15 132.1
Syndicate Bank 38.65 5.75 396990 38.9 35.85
MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
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Some lesser known facts about emergency 1975-77
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Soyuz capsule returns station crew to Earth after 204 days in space
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Done with Cuban cigars! Try a Nicaraguan
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​How builders are trying to woo millennials
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FROM THE NEWSPAPER
Debit cards show up more at retail stores, less at ATMs

The RBI has set a goal of 44% PoS-based debit card transactions by 2021 to achieve less-cash economy....

Huawei offers to sign a 'no-backdoor agreement'

Huawei has offered to sign a 'no-backdoor agreement', urging its rivals to follow the same approach....

Sebi to tighten disclosure norms for pledged shares

Plans to increase disclosures and widen the definition of encumbrance....

States may get regional power regulators

The proposal needs an amendment to the Electricity Act, 2003 and could face resistance from state governments....

Vedanta's $10 billion LCD project may fall flat

The project would've filled a major gap in India's manufacturing of flat panel television sets. ...

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FM might focus on pro-poor reforms: EY India
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Coffee with Musk on Mars: Tesla CEO opens up about plans and Twitterati can't stop trolling him
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Stan Lee's posthumous project 'A Trick of Light' to be published as a book
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Vijay Kedia̢۪s Budget wishlist | Who may succeed Viral Acharya? | Can RBI give its cash to govt?

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DAILY BRIEF

Tue, Jun 25, 2019

#ValueInvestor#SmallcapHunters#Paathshala#ExpertView#Podcast
TOP OF THE DAY
LTCG tax relief in Union Budget? D-Street is hoping against hope
Hope the govt would take a relook at LTCG tax on listed shares and remove it completely.
Indian investors in 60% tax bracket; Budget must not add to the burden
Who will replace Viral Acharya at RBI? Here are possible successors
More than tax cuts and rate cuts, there is a need to solve the credit freeze: Vikas Khemani
Bond rally in India at risk as RBI cash transfer delayed
Consumption and investment boost to lead to economic growth: Keki Mistry, HDFC
India steel sector under pressure, domestic demand softens: CLSA

Top Gainers

NSE
6 companies (largecap) appreciated more than 3%
Muthoot Finance 4.03%
JSW Steel 3.59%
More from Gainers

Top Losers

NSE
2 companies (largecap) price decreased more than -5%
ICICI Lombard General Insurance Company Ltd. -6.26%
SBI Life Insurance Company Ltd. -5.10%
More from Losers

52 Week High

NSE
12 companies touched new 52-week high today
Supreme Engineering Ltd. 8.18%
Shubhlaxmi Jewel Art Ltd. 4.98%
More from 52 Week High
AdvertorialNegotiation strategies for women for a higher salary
AdvertorialUnderstanding the perks and woes of business travel
Trump and Xi to seal a deal? Traders aren't holding their breath
Caution still pervades given the uncertainty over the timing of any deal.
RBI panel suggests measures to boost MSMEs
Hindalco, Sun Pharma, Suzlon among 38 stocks that look set to rally, shows MACD
Gold at 6-year high as financial, political tensions converge
RECOMMENDATIONS
HDFC Bank Ltd. Buy
Tata Power Company Ltd. Buy
Maruti Suzuki India Ltd. Hold
Hindustan Unilever Ltd. Buy
Granules India Ltd. Buy
Soybeans may be next market to surge as US showers drag on
Fields are still flooded, keeping farmers from seeding and threatening yields.
Stocks in the news: SBI Life, Emami, Axis Bank and Mindtree
FPI body opposes more inspection powers for Sebi
L&T Bags Rs 7,000 crore order for power project
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