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Saturday, September 21, 2019

Tax cut gives PM perfect pitch to win US investments

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THE ECONOMIC TIMES
Sat, Sep 21, 2019 | 04:40 PM IST

Daily Newsletter

Tax cut gives PM perfect pitch to win US investments

When Modi meets energy company CEOs in Houston Saturday, he's expected to tout the trimmed rates.

Rana Kapoor, promoter entities sell 2.75% in YES Bank

The combined entities held 9.64 per cent holding in the bank which now stands at 6.89 per cent. ...

Arvind Panagariya on mega reforms & fiscal deficit

Impact of the cut on fiscal might be not as large as it is being estimated right now. ...

With India, Trump practices the art of the minideal

Smaller deals are raising concerns about the precedent Trump is setting by striking limited pacts.

Milkbasket's key to cracking grocery delivery
The grocery startup mimics the traditional milkman's low-cost delivery model. But can it scale up?
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Are steps on personal income tax coming? Are steps on personal income tax coming?
The government has a report of the task force on direct tax to chart out any future measures on the personal income t...read more
Maha, Haryana polls on 21st Oct; verdict on 24th » 
Mallya in a spot for 'maligning' Indian judiciary » 
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It is okay to bite the bullet on fiscal deficit for a mega reform like this It is okay to bite the bullet on fiscal deficit for a mega reform like this...
Arvind Panagariya, Former VC, NITI Aayog
Market Watch 21 Sep | 04:40PM|
SENSEX NIFTY USD/INR GOLD
38014.62
1921.15
11274.20
569.40
70.94
-0.40
37734.0
48
MARKET NEWS
Bulls are back! Buy quality stocks on dips

The government, indeed, conducted a surgical strike on the bears on Friday. ...

How to identify signs of market bottoming out

Tracking price and volume gives a good idea of the market bottom. ...

Gainers Losers 21 Sep, 2019, 04:40PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Edelweiss Financial Services 124.75 19.15 818108 125.6 104.6
Ashok Leyland 69.25 18.68 8838036 70.1 57.75
NCC 60.55 17.23 3253211 61.0 50.95
ICICI Securities 271.65 17.07 63303 275.05 227.0
Bombay Burmah 1277.80 16.83 114138 1290.9 1086.1
MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
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Amazon 'forest guardians' stalk illegal loggers
Amazon 'forest guardians' stalk illegal loggers
Twitter shuts thousands of fake news accounts worldwide
Twitter shuts thousands of fake news accounts worldwide
Bolivia gears up for soaring lithium demand
Bolivia gears up for soaring lithium demand
The giant art project that has transformed architectural sins into monumental masterpieces
The giant art project that has transformed architectural sins into monumental masterpieces
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FROM THE NEWSPAPER
India may've to wait for broadbased recovery

Private manufacturing investment has remained muted due to tepid demand....

Bhushan Steel's bad loan probe puts 2 top banks in spot

The SFIO report showed that the two banks 'failed' to resolve the issue of non-cooperation by BSL....

GST: Restrictions on ITC claim if you do not file GSTR 1 on time

Filing of FORM GSTR-9 for taxpayers who (are required to file the said return but) have aggregate turnover up to Rs. ...

FM hopes tax buoyancy will do the trick

Fiscal deficit could rise to 4% of GDP in FY20 as result of cut in corporate tax rates....

Who gets how much from FM's tax largesse

Bajaj Finance, Britannia, HDFC Bank, Bajaj Auto, Kotak Mahindra, Eicher may benefit most....

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Friday, September 20, 2019

Major discovery in Tamil Nadu’s Keezhadi: A possible link to Indus Valley Civilisation

In what may be a major discovery for Indian history, artifacts found in excavations carried out at Keezhadi in Tamil Nadu's Sivagangai district have determined a possible link...
 

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Major discovery in Tamil Nadu's Keezhadi: A possible link to Indus Valley Civilisation

In what may be a major discovery for Indian history, artifacts found in excavations carried out at Keezhadi in Tamil Nadu's Sivagangai district have determined a possible link between the scripts of the Indus Valley Civilisation and Tamil Brahmi, which is the precursor to modern Tamil. Another major discovery was that there was an urban civilisation in Tamil Nadu that was contemporary to the Gangetic plain civilisation. The Indus Valley Civilisation was situated in the north-western part of India between 5,000 BCE and 1,500 BCE. Around 1500 BCE, the civilisation collapsed and some have speculated that its people may have moved south. The script that was used by the people of this civilisation has been termed the Indus script, and experts have long speculated that the language could be Dravidian. Now research coming out of Keezhadi shows a possible connection between the two cultures.
 

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Tax bonanza to revive animal spirits | S&P says FM's move credit negative | Investors richer by Rs 7L cr in a day

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DAILY BRIEF

Fri, Sep 20, 2019

#Gold#SmallcapHunters#IPOs#ExpertViews#StockRecos
TOP OF THE DAY
It's a bazooka, should revive animal spirits in economy, says D-Street
The rate of Minimum Alternative Tax has been reduced from 18.5 per cent to 15 per cent.
Fabulous Friday: D-Street investors richer by Rs 7 lakh crore in a day
Effective tax outgo falls by 28% for biggies, by 13% for smaller firms
India is going to leapfrog like Japan did in 1960s: Ramesh Damani
S&P Global says corporate tax cut 'credit negative'
FPIs turn bullish on India, say tax cut eases worries over economy
After Market: Auto and bank stocks fly high; IT sector sole loser

Top Gainers

NSE
97 companies (largecap) appreciated more than 5%
Ashok Leyland 18.49%
Page Industries 15.61%
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Top Losers

NSE
10 companies (largecap) price decreased more than -1%
Dabur India -2.80%
PowerGrid -2.46%
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52 Week High

NSE
41 companies touched new 52-week high today
Westlife Deve 13.51%
SKF India 12.80%
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The inbuilt speaker allows the wearer to answer phone calls right from the wrist.
Nifty breaks 50, 100, 200 DMAs in one stroke; profit taking likely
Friday's rally negated fears of Nifty testing its swing low of 10,637 anytime soon.
Das says more rate cuts to depend on data
Tax cut to add 8% to Nifty EPS; 20 index stocks to see 10% earnings gains
F&O: Nifty forms big bullish candle; small fall in India VIX a concern
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Manufacturing now a high priority sector for investors: Bhargava
There is suddenly focus on manufacturing, making it a very attractive avenue for investment.
Finally, we got the big bang reforms we were asking for: Ajay Piramal
FM Booster 4.0: Experts cheer tax cuts, say move to arrest slowdown
Gold demand muted in India ahead of festivals
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