The Gem and Jewellery Export Promotion Council (GJEPC) is the apex body of the gems and jewellery industry, set up by the Ministry of Commerce, and it represents about 6,000 exporters in the sector.
"ArcelorMittal announces the extension of the conversion date for the USD 1 billion privately placed mandatory convertible bond (MCB) issued on December 28, 2009 by one of its wholly-owned Luxembourg subsidiaries," the steel giant said in a statement.
Though there is some breathing space in the hands of the investors here in India, it is time to carefully study the broad picture.
"The REC concluded a USD 400 million Reg S bonds deal in London on December 11, 2017," an REC statement said today.
According to Angel Commodities, expect gold prices to trade lower today; international markets are trading flat at $1243 per ounce as markets keenly watch the FOMC meeting du e on 13 - 14th December where in they will provide clues on the rate hike.
Many newcomers to stock market investing are employed or self-employed and they can’t access the market in trading hours due to their professional commitment. That impedes their investments in stock markets.
According to Sushil Finance, expect gold prices to trade negative a head of US FOMC meeting.
One significant global phenomenon at this point of time is that the US is exiting from the ultra-easy monetary policy initiated in the wake of the global financial crisis of 2008.
While, Interbank call money rates ruled steady as demand from borrowing banks match supplies.
Trading in gold ETF has been lukewarm in the previous four fiscals. It had witnessed an outflow of Rs 775 crore in 2016-17, Rs 903 crore in 2015-16, Rs 1,475 crore in 2014-15 and Rs 2,293 crore in 2013-14.
According to Sushil Finance, expect gold prices to trade sideways on the back of short covering after drop in prices.
The 6.79 percent 10-year benchmark bond maturing in 2027 weakened to Rs 97.9575 from Rs 98.1975 previously, while its yield edged up to 7.09 percent from 7.05 percent.
Much to the surprise of the analysts, the RBI chose to raise the H2 FY2018 Consumer Price Index (CPI) path slightly by 10 bps to 4.3%-4.7%, to accommodate upside risks from crude prices, delayed impact of state Housing Rent Allowance (HRA) implementation and a sustained uptick in core inflation.
According to Angel Commodities, expect gold prices to trade lower today as investors look forward to the U.S. non - farm payrolls report this week, the last employment figures before the U.S. Federal Reserve's monetary policy meeting next week.
The following article is an initiative of Paisabazaar.com and is intended to create awareness among the readers.
Bank fixed deposits are one of the safest instrument for parking your money for the short term.
"...the board has accorded its approval for raising Rs 1,300 crore by way of additional tier 1 bonds under Basel III for the financial year 2017-18 (revised additional capital requirements amounting to Rs 1,000 crore in addition to Rs 300 crore already approved by the board)," the bank said in a BSE filing.
"There are implications on both sides and I think we will have to work to come to some sort of balance on the duty issue. It certainly needs to be addressed because as long as there is arbitrage there will be people who will try to game the system," Teaotia said.
Inflation poses as a silent threat as it reduces real savings and investment returns.
Tax-saving investment made during a particular financial year can be claimed as deduction under Section 80C for that particular financial year only.
According to Angel Commodities, expect gold prices to trade higher today as South Korea tests another ballistic missile sending jitters across the nation, while stronger dollar index is something to worry about.
Bank FDs are one of the safest investment-cum-savings avenue which can help you get 7-9% return annually.
2017 will probably be marked in India's financial history as the year that saw the real emergence of the retail investor. Flushed with money that ordinary people like you and me are putting to work in the equity market, mutual funds have really taken over the driver's seat on Dalal Street this year and they've pretty much ended the dominance which foreign investors enjoyed in our market over the past so many years.
According to Sushil Finance, expect gold prices to trade sideways on the back of lack of economic events.
A clear understanding of your cash flow requirements helps you achieve effective asset allocation for your financial goals.