The excise duty of 12.36 percent on ethanol from molasses was withdrawn for the 2015-16 season to provide relief to cash strapped sugar mills, which owed Rs 20,000 crore to cane farmers.
Sugar shares have been on a tear of late, thanks to rising sugar price, and the government is trying to get a handle on sugar prices in check before the festive season demand kicks in.
The markets made an effort Thursday to follow an old adage on Dalal Street –‘Buy the rumour Sell the fact‘ when the GST Bill was passed in Rajya Sabha, but it failed as the benchmark clawed into the green and triggered a massive short covering on Friday that marked the highest closing this year.
Reaching the target may be easy, but will the central be able to keep a leash on inflation without supportive fiscal policies?
MIP and anti-dumping duties benefit local producers, but not the consumers. In the case of steel, user bodies have protested saying they are forced to buy expensive domestic steel when global prices are far lower
Unlike country-specific funds which have a longer term view, ETF flows are volatile and could reverse at the first sign of weakness. Also, India‘s performance has to be seen in the context of the rally across emerging markets.
For one, there are not too many leveraged positions in the market. Bulge bracket market operators are trading within limits, and so are most professional traders. Retail investors are missing in action and brokers say the last time they saw frenetic participation from the retail players was in the run up to the May 2014 elections
The management of the newly incorporated companies or the companies opting for diversification generally believe in the practice of inducing the best executives and employees who bring in their know-how, skill and technical expertise that ultimately results in augmenting the business value of the enterprise.
The Long-Short hedging strategy is a tool to hedge trades positionally. This strategy is extremely useful to minimize risks by going long in one script/index and take short position in other script/index to hedge the position.
In a recent speech, Finance Minister Arun Jaitley called for lower deposit rates in the economy, saying high interest rates on savings instruments translate into higher cost of lending and lead to sluggishness in the economy.
As per the motion passed in Maharashtra cabinet last week, the farmers can now sell their produce outside APMC markets. Under the APMC rule, the farmers until now were bound to sell only via traders licensed by the APMC at the price decided by them.
Rupee range for H2/2016 is set at 67-70 against H1/2016 outlook at 66-69, with marginal time-decay value adjustment.
Brexit threatens to alter the world economic order, with resultant decline in global GDP, volatility in currencies, rebalancing of trade ties and a possibility of the UK slipping into a recession. In such a situation, it is imperative for global policy makers to take remedial measures to minimize damage.
Maharashtra is doing good after two consecutive years of drought. But North East has not been as lucky, with a deficiency of 35 percent so far. It is worse still in Gujarat, which is counting a deficiency of 83 percent at this point
Back home, a section of market players are counting on a dovish RBI Governor to replace Raghuram Rajan in a couple of months now. If both situations play out as expected, it means liquidity will be the least of worries for bulls in the Indian stock market.
What‘s making investors edgy is that unlike financial crises, political crises cannot be quickly fixed with monetary tools like rate cuts and liquidity infusion. But that won‘t stop central banks from trying.
One should know how a credit card against a fixed deposit works and use it judiciously.
Smart homes are a reality now and many developers are investing in smart homes. Consumers too are savvy when it comes to choosing the right homes.
It helps you but more when the markets are falling.
Top management officials of the major office occupiers in each of the respective cities along with NRIs and HNIs are the typical target audience in the villa segment. Typical second home buyers looking at villas as holiday homes are also a potential target for this segment.
The Indian governments also needs to step in to cut down the financing costs for developers of affordable housing by reducing the risks associated with housing projects and making them more affordable - for example, by guaranteeing tenants or buyers of completed units.
Despite the increasing prices commercial properties in Mumbai continue to remain in the upswing mode. It is believed by the real estate companies and developers that over a period of time one can get returns as high as 15 to 20%, if invested in the commercial property in Mumbai.
According to the 12th 5-year plan (2012 – 2017), the housing shortage in India has reduced to 18.78 million. However, the data collection is questionable and government departments continue to argue on the exact figure.
Home buyers often select properties on the basis of location advantages such as availability of public transport, shopping and hospitals. In larger cities like Mumbai and Delhi NCR, plots in such locations are quickly snapped up by developers because they know that the location itself will sell their projects.
Pune is one city where the residential property market has maintained its momentum even in these challenging times. In fact, Pune has been one of the best-performing residential real estate markets in the recent past.