Archive for February, 2010
27
Feb
Posted by smcinvestmentindia in Capital Market, capitals, india, Merchant Banking, share market, smc capitals. Tagged: Bombay Stock Exchange, BSE, Hero Honda, Hindalco, index breaking free, Indian stock markets, Jagannadham Thunuguntla, L&T, Nasdaq, National Stock Exchange, NSE, S&P CNX Nifty, Sensex, smc capitals. 3 Comments
Indian stock markets, reacted positively to the budget, with a benchmark index breaking free to close 237 points higher than its previous weekly close. The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) moved up 237.92 points or 1.47 percent to end Friday at 16,429.55 points, 237 points above its previous weekly close [...]
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26
Feb
Posted by smcinvestmentindia in budget, Business, capitals, commodity, Economics, Economy, income, income tax, india, SMC Global. Tagged: affordable housing, agriculture, Bharat Nirman, budget, Defense allocation, Direct tax proposals, excise duty, FDI, fiscal deficit, income tax, infrastructure, oil, PSU banks, silver, Surcharge, urban development. 1 Comment
Excise duty on silver rose to 10% . Surcharge on domestic cos reduced to 7.5% from 10%.. Excise duty on oil rose to 10%. Fiscal deficit will be at 5.5% in 10-11, at 4.8% in 11-12 and 4.1% in 12-13 . Revised income tax slabs . Net market borrowing for 2010-11 at Rs 3, 45,010.. [...]
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25
Feb
Posted by smcinvestmentindia in commodity, Commodity market, Commodity Trading, commodity update, gold, SMC Global. Tagged: Economic Survey, Finance Minister, foreign exchange, foreign exchange reserve management operation, IMF, india, International Monetary Fund, Reserve Bank of India. 1 Comment
The Economic Survey, which was tabled in the Parliament by the Finance Minister today noted that the year 2009-10 witnessed India becoming the world”s 10th largest gold-holding country, from a nation that pledged its bullion two decades ago to pay for imports. The gold purchase by the government of 200 tonnes from the International Monetary [...]
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24
Feb
Posted by smcinvestmentindia in Business. Tagged: FCNR, FEMA, Foreign Exchange Management Act, India Development Bonds, Non Resident Indians, Non-Resident (External) Rupee Account, Non-Resident Non-Repatriable Rupee Deposit Accounts, NON-RESIDENTS UNDER FEMA, NRE, NRI, NRI accounts, NRI Bonds, NRNR, NRO, OCB, Online Trading Services, Ordinary Non-Resident Rupee Accounts, overseas corporate bodies, RBI, Reserve Bank of India, Resident Foreign Currency Account, RFC. 2 Comments
On 6′th February 2010 we have discussed about Online Trading Services for NRIs and Now we are discussing some of the common queries which can be asked NON-RESIDENTS UNDER FEMA, 1999 The definition under FEMA (Foreign Exchange Management Act) is explained in simple terms for individuals hereunder. 1. The residential status of a person leaving India [...]
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23
Feb
Posted by smcinvestmentindia in budget, Business, Capital Market, capitals, Economy, Finance, Wealth. Tagged: Automobile industry, Budget Preview, Capital investment, corporates, disinvestment, Economy, excise duty, Excise rates, expectations, Finance Minister, goods and services tax, Government, incentives, income tax, india, indirect taxes, infrastructure sector, Investment, investors, LPG, Net direct tax collections, PSU, recession, revenue, service tax, trajectory growth. Leave a Comment
Continuing The Final Part Of The Budget Preview . We believe that this year Finance Minister will take a gradual move towards fiscal consolidation by increase in Excise duty. Excise duty forms around 40% of Indirect Tax collections. Excise duty collections were down by 13% in April to December period to close to Rs. 70,000 crore comprising [...]
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22
Feb
Posted by smcinvestmentindia in budget, Business, Economy, Finance, income, income tax, SMC Global. Tagged: Aam admi, budget, corporates, Economy, Excise rates, expectations, Finance Minister, Government, incentives, income tax, india, indirect taxes, infrastructure sector, Investment, investors, recession, service tax, trajectory growth. Leave a Comment
At last the much talked topic “BUDGET” among AAM ADMI, CORPORATES or INVESTORS that comes to INDIA – is approaching. “The million dollar question is that will 2010 budget be another year to cheer the economy by giving some relief in indirect taxes, personal income tax and by implementing various schemes to induce social & infrastructure sector in order [...]
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15
Feb
Posted by smcinvestmentindia in Business. Tagged: China, Chinese banks, Dollar, domestic market, equity market, farm output, fiscal deficit, GDP, Global markets, Inflation, investors, metals and energy, Nifty, Sensex, stock markets, US market. 1 Comment
Hello Friends, here, we bring you the weekly overview of the Indian as well as of the Global economy and latest global business and industry updates. . . The much awaited gains in global markets which came in the week gone by, was a big relief for investors. . Improving Australian Jobless rate (falling) to [...]
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15
Feb
Posted by smcinvestmentindia in agriculture, commodity, Commodity market, Commodity Trading, commodity update, Economics, Economy, Equity & Derivative Trading, futures, General, Import Export, income, India corporate world, Investment, Monsoon, SMC online trading, SMC Research Based Advisory Services, Stock, Trading. Tagged: agricultural commodities, agricultural research, Cane farmers, Cardamom, Coffee, Crops Research Institute, Icrisat, multiplication, pepper, pigeon pea, Plantation industry, rubber, rubber production, seed companies, Semi-Arid Tropics, tea. Leave a Comment
Hello Friends here we come up with the Latest Agri Commodities updates from various parts of the country. . . More hybrid varieties of Tur/Red Gram set to hit market . The Hyderabad-based International Crops Research Institute for the Semi-Arid Tropics (Icrisat), a non-profit, non-political agricultural research organisation, is set to release three new hybrid [...]
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13
Feb
Posted by smcinvestmentindia in Banking, Bonds, Brokerage, Capital Market, capitals, Economics, Economy, Equity & Derivative Trading, Finance, financial planning, futures, General, income tax, India corporate world, Insurance, interest rates, International, Merchant Banking, Mutual Funds, Private Equity, QIP, securities, share market, SMC online trading, SMC Research Based Advisory Services, Trading. Tagged: chart reading, online trading, shares, SMC online, stock market, stocks, stocks recommendations. Leave a Comment
Hello Friends here we come up with an extension of our previous blog “How To Get Started in Online Investing?” Part 1. . . In previous blog, we have touched upon the questions, any beginner investors do have in their mind while going for investing. . At the same time we had also tried to [...]
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10
Feb
Posted by smcinvestmentindia in Banking, Business, capitals, Commodity Trading, Company, Economics, Equity & Derivative Trading, Finance, financial planning, futures, General, India corporate world, Investment, Merchant Banking, Mutual Funds, NRI, Private Equity, securities, share market, smc capitals, SMC online trading, SMC Research Based Advisory Services, Stock, Trading. Tagged: Bonds, currencies, financial securities, futures, investors, online brokerage firms, Online Trading account, options, SMC online, stocks. 2 Comments
Hello Friends here we come up with our write up on “SMC Gyan Series”. . . Topic is ” How To Start Investing Online ?” . In this First part of Blog, we would try to discuss about the questions beginner investors do have in their mind, what is exactly this Online trading account and [...]
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