The stock market indices in India ended lower due to weak global cues and as investors awaited an interest rate decision from the Reserve Bank of India. Factory growth in India expanded at its fastest pace in nearly two years. Aviation stocks rose after a reduction in jet fuel prices, while select automobile companies such as TVS Motor and Ashok Leyland saw gains in stock price following an increase in monthly sales.
Marketsummarypptx fortheweekended -14.11.2014Ifb India
The Indian stock market saw modest gains for the week ending November 14, 2014. The Sensex and Nifty closed at record highs, with the Sensex up 0.63% and the Nifty gaining 0.63%. Foreign investors purchased Indian stocks and a decline in global oil prices supported the market. In corporate news, Coal India, HDFC and Wipro rose while Tata Motors, Reliance and NTPC fell. The government increased fuel taxes and inflation rates declined. The market outlook remains tied to global cues, foreign investment, the rupee and oil prices.
The Indian stock market rallied on August 12, 2014 as macroeconomic worries eased with falling crude oil prices. The Sensex rose 1.42% and Nifty rose 1.33% as the International Energy Agency cut its growth forecasts for oil demand in 2014 and 2015, extending losses in crude prices. Meanwhile, the Finance Minister stated that the government has taken measures to boost manufacturing and infrastructure sectors to spur economic growth.
Marketsummarypptx fortheweekended - 11.7.2014Ifb India
The market slumped last week as investors booked profits after strong gains in previous months. The Sensex fell 3.61% and Nifty fell 3.77% in the week ending July 11, 2014. Investors were disappointed by the Union Budget which lacked major reforms and a clear roadmap for reducing subsidies. However, infrastructure spending was increased which may boost growth. Bank, auto and capital goods stocks declined the most while Sun Pharma and ITC gained. The outlook is cautious next week pending macroeconomic data and corporate earnings results.
The Indian stock market fell sharply in late trading, with the Sensex falling below 26,000 and Nifty below 7,600, their lowest levels in over a week. This was due to weak investor sentiment after the railway budget and ahead of the national budget. Bank stocks and railway-related stocks plunged. The rupee strengthened against the dollar and global markets were mixed in anticipation of corporate earnings reports and the Indian budget.
The Indian stock market rose as crude oil prices declined, foreign investors purchased Indian stocks, and monsoon rains increased. The Sensex rose 1.27% and the Nifty rose 1.18% as foreign portfolio investors purchased over Rs. 856 crore in stocks. Automobile companies like Maruti Suzuki and Bajaj Auto reported sales increases in June. Investors are optimistic ahead of the budget announcement on July 10th that is expected to focus on growth, infrastructure, agriculture, and fiscal prudence.
The Indian stock market rose modestly on July 1, 2014 supported by foreign investor purchases and a private survey showing continued growth in the manufacturing sector. The rupee also strengthened against the dollar. A manufacturing survey showed growth was maintained in June with expansion in production, orders, and employment. However, fiscal deficit data exceeded targets. Core industries growth was up but below previous levels. Automobile and gas stocks gained on strong sales and policy decisions respectively. European and Chinese manufacturing also expanded, while the Eurozone unemployment held steady.
- The Indian market edged higher after the President said reforms would be undertaken to improve business conditions and encourage investment. Global stocks and heavy foreign buying also boosted sentiment.
- The President said India's coastline would be developed to connect ports and facilitate trade, and that containing food inflation would be a top priority.
- The President outlined the government's plans to revive investment, accelerate job growth, simplify taxes, promote manufacturing and infrastructure development, and reform sectors like coal.
The stock market indices in India ended lower due to weak global cues and as investors awaited an interest rate decision from the Reserve Bank of India. Factory growth in India expanded at its fastest pace in nearly two years. Aviation stocks rose after a reduction in jet fuel prices, while select automobile companies such as TVS Motor and Ashok Leyland saw gains in stock price following an increase in monthly sales.
Marketsummarypptx fortheweekended -14.11.2014Ifb India
The Indian stock market saw modest gains for the week ending November 14, 2014. The Sensex and Nifty closed at record highs, with the Sensex up 0.63% and the Nifty gaining 0.63%. Foreign investors purchased Indian stocks and a decline in global oil prices supported the market. In corporate news, Coal India, HDFC and Wipro rose while Tata Motors, Reliance and NTPC fell. The government increased fuel taxes and inflation rates declined. The market outlook remains tied to global cues, foreign investment, the rupee and oil prices.
The Indian stock market rallied on August 12, 2014 as macroeconomic worries eased with falling crude oil prices. The Sensex rose 1.42% and Nifty rose 1.33% as the International Energy Agency cut its growth forecasts for oil demand in 2014 and 2015, extending losses in crude prices. Meanwhile, the Finance Minister stated that the government has taken measures to boost manufacturing and infrastructure sectors to spur economic growth.
Marketsummarypptx fortheweekended - 11.7.2014Ifb India
The market slumped last week as investors booked profits after strong gains in previous months. The Sensex fell 3.61% and Nifty fell 3.77% in the week ending July 11, 2014. Investors were disappointed by the Union Budget which lacked major reforms and a clear roadmap for reducing subsidies. However, infrastructure spending was increased which may boost growth. Bank, auto and capital goods stocks declined the most while Sun Pharma and ITC gained. The outlook is cautious next week pending macroeconomic data and corporate earnings results.
The Indian stock market fell sharply in late trading, with the Sensex falling below 26,000 and Nifty below 7,600, their lowest levels in over a week. This was due to weak investor sentiment after the railway budget and ahead of the national budget. Bank stocks and railway-related stocks plunged. The rupee strengthened against the dollar and global markets were mixed in anticipation of corporate earnings reports and the Indian budget.
The Indian stock market rose as crude oil prices declined, foreign investors purchased Indian stocks, and monsoon rains increased. The Sensex rose 1.27% and the Nifty rose 1.18% as foreign portfolio investors purchased over Rs. 856 crore in stocks. Automobile companies like Maruti Suzuki and Bajaj Auto reported sales increases in June. Investors are optimistic ahead of the budget announcement on July 10th that is expected to focus on growth, infrastructure, agriculture, and fiscal prudence.
The Indian stock market rose modestly on July 1, 2014 supported by foreign investor purchases and a private survey showing continued growth in the manufacturing sector. The rupee also strengthened against the dollar. A manufacturing survey showed growth was maintained in June with expansion in production, orders, and employment. However, fiscal deficit data exceeded targets. Core industries growth was up but below previous levels. Automobile and gas stocks gained on strong sales and policy decisions respectively. European and Chinese manufacturing also expanded, while the Eurozone unemployment held steady.
- The Indian market edged higher after the President said reforms would be undertaken to improve business conditions and encourage investment. Global stocks and heavy foreign buying also boosted sentiment.
- The President said India's coastline would be developed to connect ports and facilitate trade, and that containing food inflation would be a top priority.
- The President outlined the government's plans to revive investment, accelerate job growth, simplify taxes, promote manufacturing and infrastructure development, and reform sectors like coal.
Marketsummarypptx fortheweekended - 6.6.2014Ifb India
- The Indian stock market surged last week as foreign investors continued purchasing Indian stocks on expectations of economic revival under the new government. The RBI's decision to cut SLR requirements and signals of improved governance also boosted sentiment.
- Key indices Sensex and Nifty hit record highs for the week ending June 6, 2014, with Sensex gaining 4.86% and Nifty gaining 4.88%. Metal and mining stocks surged on hopes of increased demand as the economy recovers.
- In the coming week, markets will watch economic data releases and global cues, while progress of monsoon rains and policy announcements will dictate longer-term trends.
The document summarizes market activity and economic indicators in India for the period of May 31, 2014 to June 2, 2014. It notes that the Indian stock market surged on manufacturing sector data showing continued production growth. Several companies reported increased sales. It also discusses government decisions to abolish committees and uphold fiscal discipline. Economic growth was reported at a steady 4.6% for the previous quarter, while inflation rates are slowing. The Reserve Bank of India is expected to keep interest rates unchanged at its upcoming policy review.
The Bhagavad Gita Simplified provides guidance on overcoming fear and worry. It advises not worrying about the past or future, and accepting that all things happen for good. It notes that one came into the world with nothing and will leave with nothing, as what one thinks they possess today may belong to someone else tomorrow. It counsels dedicating actions to God to find freedom from fear, worry and sorrow. Change is constant, as what one considers death is life, and what seems poverty today could be wealth tomorrow. By removing notions of "yours and mine" and knowing the body is temporary but the soul eternal, one can understand who they truly are.
The Sensex and Nifty rose slightly as foreign institutional investors remained net buyers. Government bond prices dropped on concern over reduced demand. The RBI governor said a strong rupee could hurt exports and inflation remains a concern. Corporate earnings will be a key factor for the stock market starting in mid-April. IT stocks rose on positive US economic data while several individual companies also saw price movements.
- Japanese industrial production and core consumer prices rose in December, while the unemployment rate fell.
- In India, the Sensex snapped a five-day falling trend, rising slightly. The rupee edged lower against the dollar.
- The RBI laid out plans to deal with rising bad loans, including early identification of stressed assets and incentives for timely resolution.
The document provides a summary of the Indian stock market and global market news from June 28, 2013. Key points include:
- The Sensex and Nifty indexes rose significantly after the government approved increases to domestic natural gas prices and reforms to the energy sector.
- Metal, power generation, coal, and fertilizer stocks rose in response to the gas price hikes and plans to help industries adjust to higher costs.
- Global markets also rose on optimism from economic data in the US, Germany, and Japan and reassurances from Fed officials of continued monetary stimulus.
- The document concludes with advertisements for financial education webinars and internship opportunities.
The Indian stock market surged as inflation data showed further easing in May, fueling expectations that interest rates may be cut, while metal and banking stocks rose. The central bank is set to review monetary policy on June 17th as inflation fell to a 41-month low. European and Asian markets also rose on speculation that the US Federal Reserve will keep quantitative easing in place.
The Indian stock market declined for the second straight day, with the Sensex losing 0.46% and Nifty falling 0.68% amid a weak rupee and slowing economic growth. Dr Reddy's Laboratories rose to a record high while IT stocks gained on the rupee's decline. Bank, auto and metal stocks also declined on weak investor sentiment. The rupee hit a one-year low against the dollar, fueling inflation concerns. Maruti Suzuki fell 2.04% after suspending production to adjust inventory levels due to falling sales.
The Indian market declined due to weakness in European stocks negatively impacting investor sentiment, with key indices down nearly 1% and most sector stocks falling, except for some PSU banks and metal stocks which rose. Major private banks dropped after announcing investigations into alleged money laundering. Several company-specific news were reported, including BHEL scaling up power equipment capacity and Punj Lloyd receiving an offshore project in Saudi Arabia.
This document announces a training workshop on technical analysis for trading equities, commodities, and currencies. The one-day workshop will cover identifying day trading and swing trading setups, selecting stocks to trade, developing short-term and long-term investment plans, understanding how market participants influence patterns, and using patterns to determine entry, target, and stop-loss levels. The workshop instructor has 20 years of trading experience and will teach students how to enhance profits from continuation and reversal patterns. The workshop will be held on March 17, 2013 in Chennai, India.
The Indian markets ended flat on Monday with the Sensex closing unchanged at 20,103 and the Nifty at 6,075, while realty and banking stocks rose. Major gainers included Tata Motors, Sterlite, and Hero MotoCorp, while major losers were RIL, ONGC, HUL, L&T and Jindal Steel. The document also provides updates on various companies' financial results and targets.
The Indian stock market closed flat as gains in IT stocks from Infosys' strong quarterly results were offset by losses in other sectors, while industrial production declined and exports fell; global markets were mixed with European stocks down slightly and Asian markets falling due to higher Chinese inflation. Key Indian companies like Infosys and ONGC saw share price movements due to earnings news and profit taking.
The document provides an overview of the Indian stock market on December 19th, 2012, noting that the key indices rose as foreign funds remained net buyers and that the Lok Sabha approved a bill making corporate social responsibility spending mandatory for large companies. It also discusses global market news, including European stocks edging higher and Asian stocks gaining on optimism over US fiscal cliff negotiations.
Confirmation of Payee (CoP) is a vital security measure adopted by financial institutions and payment service providers. Its core purpose is to confirm that the recipient’s name matches the information provided by the sender during a banking transaction, ensuring that funds are transferred to the correct payment account.
Confirmation of Payee was built to tackle the increasing numbers of APP Fraud and in the landscape of UK banking, the spectre of APP fraud looms large. In 2022, over £1.2 billion was stolen by fraudsters through authorised and unauthorised fraud, equivalent to more than £2,300 every minute. This statistic emphasises the urgent need for robust security measures like CoP. While over £1.2 billion was stolen through fraud in 2022, there was an eight per cent reduction compared to 2021 which highlights the positive outcomes obtained from the implementation of Confirmation of Payee. The number of fraud cases across the UK also decreased by four per cent to nearly three million cases during the same period; latest statistics from UK Finance.
In essence, Confirmation of Payee plays a pivotal role in digital banking, guaranteeing the flawless execution of banking transactions. It stands as a guardian against fraud and misallocation, demonstrating the commitment of financial institutions to safeguard their clients’ assets. The next time you engage in a banking transaction, remember the invaluable role of CoP in ensuring the security of your financial interests.
For more details, you can visit https://technoxander.com.
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
Marketsummarypptx fortheweekended - 6.6.2014Ifb India
- The Indian stock market surged last week as foreign investors continued purchasing Indian stocks on expectations of economic revival under the new government. The RBI's decision to cut SLR requirements and signals of improved governance also boosted sentiment.
- Key indices Sensex and Nifty hit record highs for the week ending June 6, 2014, with Sensex gaining 4.86% and Nifty gaining 4.88%. Metal and mining stocks surged on hopes of increased demand as the economy recovers.
- In the coming week, markets will watch economic data releases and global cues, while progress of monsoon rains and policy announcements will dictate longer-term trends.
The document summarizes market activity and economic indicators in India for the period of May 31, 2014 to June 2, 2014. It notes that the Indian stock market surged on manufacturing sector data showing continued production growth. Several companies reported increased sales. It also discusses government decisions to abolish committees and uphold fiscal discipline. Economic growth was reported at a steady 4.6% for the previous quarter, while inflation rates are slowing. The Reserve Bank of India is expected to keep interest rates unchanged at its upcoming policy review.
The Bhagavad Gita Simplified provides guidance on overcoming fear and worry. It advises not worrying about the past or future, and accepting that all things happen for good. It notes that one came into the world with nothing and will leave with nothing, as what one thinks they possess today may belong to someone else tomorrow. It counsels dedicating actions to God to find freedom from fear, worry and sorrow. Change is constant, as what one considers death is life, and what seems poverty today could be wealth tomorrow. By removing notions of "yours and mine" and knowing the body is temporary but the soul eternal, one can understand who they truly are.
The Sensex and Nifty rose slightly as foreign institutional investors remained net buyers. Government bond prices dropped on concern over reduced demand. The RBI governor said a strong rupee could hurt exports and inflation remains a concern. Corporate earnings will be a key factor for the stock market starting in mid-April. IT stocks rose on positive US economic data while several individual companies also saw price movements.
- Japanese industrial production and core consumer prices rose in December, while the unemployment rate fell.
- In India, the Sensex snapped a five-day falling trend, rising slightly. The rupee edged lower against the dollar.
- The RBI laid out plans to deal with rising bad loans, including early identification of stressed assets and incentives for timely resolution.
The document provides a summary of the Indian stock market and global market news from June 28, 2013. Key points include:
- The Sensex and Nifty indexes rose significantly after the government approved increases to domestic natural gas prices and reforms to the energy sector.
- Metal, power generation, coal, and fertilizer stocks rose in response to the gas price hikes and plans to help industries adjust to higher costs.
- Global markets also rose on optimism from economic data in the US, Germany, and Japan and reassurances from Fed officials of continued monetary stimulus.
- The document concludes with advertisements for financial education webinars and internship opportunities.
The Indian stock market surged as inflation data showed further easing in May, fueling expectations that interest rates may be cut, while metal and banking stocks rose. The central bank is set to review monetary policy on June 17th as inflation fell to a 41-month low. European and Asian markets also rose on speculation that the US Federal Reserve will keep quantitative easing in place.
The Indian stock market declined for the second straight day, with the Sensex losing 0.46% and Nifty falling 0.68% amid a weak rupee and slowing economic growth. Dr Reddy's Laboratories rose to a record high while IT stocks gained on the rupee's decline. Bank, auto and metal stocks also declined on weak investor sentiment. The rupee hit a one-year low against the dollar, fueling inflation concerns. Maruti Suzuki fell 2.04% after suspending production to adjust inventory levels due to falling sales.
The Indian market declined due to weakness in European stocks negatively impacting investor sentiment, with key indices down nearly 1% and most sector stocks falling, except for some PSU banks and metal stocks which rose. Major private banks dropped after announcing investigations into alleged money laundering. Several company-specific news were reported, including BHEL scaling up power equipment capacity and Punj Lloyd receiving an offshore project in Saudi Arabia.
This document announces a training workshop on technical analysis for trading equities, commodities, and currencies. The one-day workshop will cover identifying day trading and swing trading setups, selecting stocks to trade, developing short-term and long-term investment plans, understanding how market participants influence patterns, and using patterns to determine entry, target, and stop-loss levels. The workshop instructor has 20 years of trading experience and will teach students how to enhance profits from continuation and reversal patterns. The workshop will be held on March 17, 2013 in Chennai, India.
The Indian markets ended flat on Monday with the Sensex closing unchanged at 20,103 and the Nifty at 6,075, while realty and banking stocks rose. Major gainers included Tata Motors, Sterlite, and Hero MotoCorp, while major losers were RIL, ONGC, HUL, L&T and Jindal Steel. The document also provides updates on various companies' financial results and targets.
The Indian stock market closed flat as gains in IT stocks from Infosys' strong quarterly results were offset by losses in other sectors, while industrial production declined and exports fell; global markets were mixed with European stocks down slightly and Asian markets falling due to higher Chinese inflation. Key Indian companies like Infosys and ONGC saw share price movements due to earnings news and profit taking.
The document provides an overview of the Indian stock market on December 19th, 2012, noting that the key indices rose as foreign funds remained net buyers and that the Lok Sabha approved a bill making corporate social responsibility spending mandatory for large companies. It also discusses global market news, including European stocks edging higher and Asian stocks gaining on optimism over US fiscal cliff negotiations.
Confirmation of Payee (CoP) is a vital security measure adopted by financial institutions and payment service providers. Its core purpose is to confirm that the recipient’s name matches the information provided by the sender during a banking transaction, ensuring that funds are transferred to the correct payment account.
Confirmation of Payee was built to tackle the increasing numbers of APP Fraud and in the landscape of UK banking, the spectre of APP fraud looms large. In 2022, over £1.2 billion was stolen by fraudsters through authorised and unauthorised fraud, equivalent to more than £2,300 every minute. This statistic emphasises the urgent need for robust security measures like CoP. While over £1.2 billion was stolen through fraud in 2022, there was an eight per cent reduction compared to 2021 which highlights the positive outcomes obtained from the implementation of Confirmation of Payee. The number of fraud cases across the UK also decreased by four per cent to nearly three million cases during the same period; latest statistics from UK Finance.
In essence, Confirmation of Payee plays a pivotal role in digital banking, guaranteeing the flawless execution of banking transactions. It stands as a guardian against fraud and misallocation, demonstrating the commitment of financial institutions to safeguard their clients’ assets. The next time you engage in a banking transaction, remember the invaluable role of CoP in ensuring the security of your financial interests.
For more details, you can visit https://technoxander.com.
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
Calculation of compliance cost: Veterinary and sanitary control of aquatic bi...Alexander Belyaev
Calculation of compliance cost in the fishing industry of Russia after extended SCM model (Veterinary and sanitary control of aquatic biological resources (ABR) - Preparation of documents, passing expertise)
Fabular Frames and the Four Ratio ProblemMajid Iqbal
Digital, interactive art showing the struggle of a society in providing for its present population while also saving planetary resources for future generations. Spread across several frames, the art is actually the rendering of real and speculative data. The stereographic projections change shape in response to prompts and provocations. Visitors interact with the model through speculative statements about how to increase savings across communities, regions, ecosystems and environments. Their fabulations combined with random noise, i.e. factors beyond control, have a dramatic effect on the societal transition. Things get better. Things get worse. The aim is to give visitors a new grasp and feel of the ongoing struggles in democracies around the world.
Stunning art in the small multiples format brings out the spatiotemporal nature of societal transitions, against backdrop issues such as energy, housing, waste, farmland and forest. In each frame we see hopeful and frightful interplays between spending and saving. Problems emerge when one of the two parts of the existential anaglyph rapidly shrinks like Arctic ice, as factors cross thresholds. Ecological wealth and intergenerational equity areFour at stake. Not enough spending could mean economic stress, social unrest and political conflict. Not enough saving and there will be climate breakdown and ‘bankruptcy’. So where does speculative design start and the gambling and betting end? Behind each fabular frame is a four ratio problem. Each ratio reflects the level of sacrifice and self-restraint a society is willing to accept, against promises of prosperity and freedom. Some values seem to stabilise a frame while others cause collapse. Get the ratios right and we can have it all. Get them wrong and things get more desperate.
Discovering Delhi - India's Cultural Capital.pptxcosmo-soil
Delhi, the heartbeat of India, offers a rich blend of history, culture, and modernity. From iconic landmarks like the Red Fort to bustling commercial hubs and vibrant culinary scenes, Delhi's real estate landscape is dynamic and diverse. Discover the essence of India's capital, where tradition meets innovation.
13 Jun 24 ILC Retirement Income Summit - slides.pptxILC- UK
ILC's Retirement Income Summit was hosted by M&G and supported by Canada Life. The event brought together key policymakers, influencers and experts to help identify policy priorities for the next Government and ensure more of us have access to a decent income in retirement.
Contributors included:
Jo Blanden, Professor in Economics, University of Surrey
Clive Bolton, CEO, Life Insurance M&G Plc
Jim Boyd, CEO, Equity Release Council
Molly Broome, Economist, Resolution Foundation
Nida Broughton, Co-Director of Economic Policy, Behavioural Insights Team
Jonathan Cribb, Associate Director and Head of Retirement, Savings, and Ageing, Institute for Fiscal Studies
Joanna Elson CBE, Chief Executive Officer, Independent Age
Tom Evans, Managing Director of Retirement, Canada Life
Steve Groves, Chair, Key Retirement Group
Tish Hanifan, Founder and Joint Chair of the Society of Later life Advisers
Sue Lewis, ILC Trustee
Siobhan Lough, Senior Consultant, Hymans Robertson
Mick McAteer, Co-Director, The Financial Inclusion Centre
Stuart McDonald MBE, Head of Longevity and Democratic Insights, LCP
Anusha Mittal, Managing Director, Individual Life and Pensions, M&G Life
Shelley Morris, Senior Project Manager, Living Pension, Living Wage Foundation
Sarah O'Grady, Journalist
Will Sherlock, Head of External Relations, M&G Plc
Daniela Silcock, Head of Policy Research, Pensions Policy Institute
David Sinclair, Chief Executive, ILC
Jordi Skilbeck, Senior Policy Advisor, Pensions and Lifetime Savings Association
Rt Hon Sir Stephen Timms, former Chair, Work & Pensions Committee
Nigel Waterson, ILC Trustee
Jackie Wells, Strategy and Policy Consultant, ILC Strategic Advisory Board
Dr. Alyce Su Cover Story - China's Investment Leadermsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
Madhya Pradesh, the "Heart of India," boasts a rich tapestry of culture and heritage, from ancient dynasties to modern developments. Explore its land records, historical landmarks, and vibrant traditions. From agricultural expanses to urban growth, Madhya Pradesh offers a unique blend of the ancient and modern.
Budgeting as a Control Tool in Government Accounting in Nigeria
Being a Paper Presented at the Nigerian Maritime Administration and Safety Agency (NIMASA) Budget Office Staff at Sojourner Hotel, GRA, Ikeja Lagos on Saturday 8th June, 2024.
Navigating Your Financial Future: Comprehensive Planning with Mike Baumannmikebaumannfinancial
Learn how financial planner Mike Baumann helps individuals and families articulate their financial aspirations and develop tailored plans. This presentation delves into budgeting, investment strategies, retirement planning, tax optimization, and the importance of ongoing plan adjustments.
Explore the world of investments with an in-depth comparison of the stock market and real estate. Understand their fundamentals, risks, returns, and diversification strategies to make informed financial decisions that align with your goals.
KYC Compliance: A Cornerstone of Global Crypto Regulatory FrameworksAny kyc Account
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KYC Compliance: A Cornerstone of Global Crypto Regulatory Frameworks
Market summary pptx for the week ended 13-9-2013
1. India MarketSummary fortheweekended 13-9-2013
I Review of the Week
Market review for the week ended 13 September 2013
• The market surged in a truncated trading week on recent sharp recovery of the rupee
against the dollar and on receding geopolitical risks in Syria.
• The market sentiment was also boosted by recent strong buying of Indian stocks by
the foreign funds.
• The market gained in two out of four trading sessions.
• The stock market was closed on Monday, 9 September 2013, on account of Ganesh
Chaturthi.
• Sensex rose 2.4% to 19,732.76 and Nifty gained 2.99% to 5,850.60 in the week
ended Friday, 13 September 2013
• From the 30-share Sensex pack, 25 stocks rose and only five of them fell.
• The threat of an imminent US attack on Syria has eased and efforts are on for a
diplomatic solution to the Syrian crisis.
• US President Barack Obama said on 10 September 2013 that he was asking
Congress to postpone the vote authorizing military action following a Russian-
backed proposal to place Syria's chemical arsenal under international control. .
2. India MarketSummary fortheweekended 13-9-2013
Government Policies during the week
Prime Minister's Economic Advisory Council sharply trimmed India's GDP growth
forecast to 5.3% for the year ending 31 March 2014 from earlier estimate of 6.4%
and said that the current stance of monetary policy has to continue until stability in
the rupee is achieved
The Reserve Bank of India (RBI) on Tuesday said that banks can raise funds
overseas above 50% of their Tier I capital with a minimum maturity of three years
and swap these borrowings with the central bank at a concessional rate for one to
three years
Oil secretary Vivek Rae said that the government will decide on raising the retail
prices of diesel and cooking gas (LPG) in a few weeks
Economic data
India's trade deficit narrowed to $10.9 billion in August, helped by a double digit
rise in merchandise exports, offering some respite for the troubled rupee currency.
Merchandise exports rose 12.97% in August to $26.14 billion from a year earlier.
Imports fell 0.68% year-on-year to $37.05 billion.
Industrial production rose 2.6% in July 2013 as against a contraction of 1.8% in
June 2013
The rate of inflation based on the combined consumer price index (CPI) for urban
and rural India decelerated to 9.52% in August 2013 from 9.64% in July 2013
3. Corporate Announcements
Index heavyweight and cigarette major ITC gained 4.85%. Another index heavyweight
Reliance Industries (RIL) rose 0.66%.
Most IT stocks declined on recent strong rebound of the rupee against the dollar. A firm rupee
adversely affects operating profit margins of IT firms as the sector derives a lion's share of
revenue from exports.
Wipro lost 2.79%. The stock was the biggest loser from the Sensex pack.
TCS shed 1.88%. The company has bagged a five-year multi-million euros deal from
Scandinavian Airlines (SAS) to help transform and optimise SAS' IT processes, applications
and infrastructure.
Infosys rose 0.24%. Infosys BPO announced that it has been selected by AkzoNobel, a
leading global paint and coatings company and a major producer of specialty chemicals, to
transform its finance and accounting (F&A) processes to deliver higher operational
efficiencies and performance.
Mahindra & Mahindra rose 7.63%. The company said that it has crossed yet another
milestone with over 4 lakh sales of its special utility vehicle (SUV), Scorpio.
Tata Motors rose 4.89% after the company's unit Jaguar Land Rover (JLR) reported 28% rise
in sales to 27,852 vehicles in August 2013 over August 2012.
Tata Power Company jumped 10.37%.
NTPC rose 5.03%. The company has entered into a commercial interest reference rate based
fixed interest rate facility for euro 52 million with KfW, the German government
developmental financial institution on 12 September 2013
4. India MarketSummary fortheweekended 13-9-2013
Top Gainers and Losers of the week (NSE)
COMPANY
PRICE ON PRICE ON CHANGE
Sep 13,
2013 (Rs)
Sep 6, 2013
(Rs)
(%)
PNB 514 447.45 14.90%
DLF LTD 156.85 137.9 13.70%
AXIS BANK 1,059.60 952.4 11.30%
L&T 836.4 754.1 10.90%
TATA POWER 78.4 70.8 10.70%
COMPANY
PRICE ON PRICE ON CHANGE
Sep 13, 2013
(Rs)
Sep 6, 2013
(Rs)
(%)
CAIRN INDIA 320.4 332.3 -3.60%
INDUSIND BANK 400.1 413.25 -3.20%
ONGC 282.7 288.3 -1.90%
TCS 1,953.75 1,988.80 -1.80%
ICICI BANK 941.95 958.4 -1.70%
5. India MarketSummary fortheweekended 13-9-2013
II Forth coming week
Government policies / announcements
The Reserve Bank of India will release a Mid-Quarter Review of
Monetary Policy 2013-14 at 11:00 IST on Friday, 20 September 2013
The data on advance tax paid by Indian corporates in the second quarter
will be out on Sunday, 15 September 2013
Economic data
The government unveils data of inflation based on the wholesale price
index (WPI) for August 2013 on Monday, 16 September 2013
6. India MarketSummary fortheweekended 13-9-2013
Market outlook
• The data on WPI for August 2013, the outcome of Federal Reserve's policy meeting
and the outcome of Reserve Bank of India's mid-quarter review of monetary policy
2013-14 will dictate trend on the bourses.
• The data on advance tax paid by Indian corporates in the second quarter will be out
on Sunday, 15 September 2013.
• The rupee movement will be tracked closely after it has shown signs of recovery
after a steep slide.
• Investors across the globe are eyeing the next policy meeting of the Federal Open
Market Committee (FOMC) scheduled next week, considered by many to provide an
indication on the timing and size of the Fed's cutbacks in its bond-purchase program.
• Investors will closely follow political developments in Syria. Geopolitical concerns
took centre stage after the US president Barack Obama professed a limited military
strike on Syria sighting use of chemical weapons on Syrian civilians by the Assad
regime
7. India MarketSummary fortheweekended 13-9-2013
Sector Outlook
Automobile
• Two-Wheeler stocks may rose on expectations of pickup in sales during the
upcoming festive season and on hopes good rains this year will boost rural sales. The
festive season starts with the Durga Puja in October.
• You can buy the following stocks at declines
• Hero motor
• M&M
Power generation
• Power generation stocks may rose on reports that the power ministry has made a
proposal to mix imported and locally produced natural gas and supply it to electricity
producers at a subsidized price. It may help to boost power production
• You can buy the following stocks
Tata power
NTPC
8. We mentioned below the links of our other services, feel free to
contact us for any other services requirement.
• Our Services
• Click here to read more on our site
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