Day Trading Stocks & Futures
- Thread starter TraderRavi
- Start date
- Tags banknifty bnf daytrading nifty future
I am afraid people have no idea of the full impact of Brexit once it takes place: Mark Mobius
https://m.economictimes.com/markets...es-place-mark-mobius/articleshow/71633061.cms
https://m.economictimes.com/markets...es-place-mark-mobius/articleshow/71633061.cms
FinMin not in favour of closing down BSNL, says DoT Secy
A group of ministers headed by Home Minister Amit Shah has approved a revival plan proposed by the DoT.
A top telecom department (DoT) official on Friday indicated that the Finance Ministry is not in favour of closing down state-run BSNL. When asked whether the Finance Ministry has favoured shutting down of the telecom PSU, DoT Secretary Anshu Prakash said, "This information is incorrect."
He was speaking on the sidelines of the annual general meeting of mobile tower industry body TAIPA.
A group of ministers headed by Home Minister Amit Shah has approved a revival plan proposed by the DoT.
The Group of Ministers had approved a revival package for the loss-making public sector telecom firms in mid-July. Finance Minister Nirmala Sitharaman, telecom minister Ravi Shankar Prasad were part of the GoM that approved the plan.
However, finance ministry officials later raised over 80 objections to the proposal firmed up by the telecom ministry.
The DoT proposed Rs 74,000 crore revival plan for BSNL as closing down of BSNL alone would cost the government Rs 95,000 crore. The revival plan includes Rs 29,000 crore payout for voluntary retirement scheme, Rs 20,000 crore for 4G spectrum and Rs 13,000 crore to fund Capex for 4G services.
The plan estimated that with revival package BSNL may become profitable by the financial year 2024.
A committee headed by Principal Secretary PK Mishra has also asked a high-level panel looking into the revival of MTNL and BSNL to explain if the two telecom PSUs can be turned around and how.
https://www.moneycontrol.com/news/b...-closing-down-bsnl-says-dot-secy-4526821.html
A group of ministers headed by Home Minister Amit Shah has approved a revival plan proposed by the DoT.
A top telecom department (DoT) official on Friday indicated that the Finance Ministry is not in favour of closing down state-run BSNL. When asked whether the Finance Ministry has favoured shutting down of the telecom PSU, DoT Secretary Anshu Prakash said, "This information is incorrect."
He was speaking on the sidelines of the annual general meeting of mobile tower industry body TAIPA.
A group of ministers headed by Home Minister Amit Shah has approved a revival plan proposed by the DoT.
The Group of Ministers had approved a revival package for the loss-making public sector telecom firms in mid-July. Finance Minister Nirmala Sitharaman, telecom minister Ravi Shankar Prasad were part of the GoM that approved the plan.
However, finance ministry officials later raised over 80 objections to the proposal firmed up by the telecom ministry.
The DoT proposed Rs 74,000 crore revival plan for BSNL as closing down of BSNL alone would cost the government Rs 95,000 crore. The revival plan includes Rs 29,000 crore payout for voluntary retirement scheme, Rs 20,000 crore for 4G spectrum and Rs 13,000 crore to fund Capex for 4G services.
The plan estimated that with revival package BSNL may become profitable by the financial year 2024.
A committee headed by Principal Secretary PK Mishra has also asked a high-level panel looking into the revival of MTNL and BSNL to explain if the two telecom PSUs can be turned around and how.
https://www.moneycontrol.com/news/b...-closing-down-bsnl-says-dot-secy-4526821.html
Market is going up for last 5 days....today being last day of the weekly settlement, the upmove accelerated could be on short covering,could be on Brexit news...but in the market traders have to be prepared for a sudden move in any direction.....stoploss is meant to protect us from such moves...
Market is going up after making a higher low...so there is a possibility that the uptrend has started...and as traders should position ourselves along with the new trend and not be in a denial....
Smart_trade
Market is going up after making a higher low...so there is a possibility that the uptrend has started...and as traders should position ourselves along with the new trend and not be in a denial....
Smart_trade
Last edited:
Nicola Sturgeon says Johnson deal would mean 'much harder Brexit'
The deal agreed between Boris Johnson's government and the EU would mean a "much harder Brexit" than previous proposals, Nicola Sturgeon has said.
An agreement between the UK and EU was announced on Thursday morning, but is still to face a vote in the Commons.
The first minister said it was "clear that Scotland is being treated unfairly", and confirmed that SNP MPs "will not vote for Brexit in any form".
And Ms Sturgeon said a "much harder Brexit beckons if this deal passes".
Mr Johnson said the "great new deal" would see the UK "take back control of our laws, borders, money and trade without disruption".
However, it is unclear if the proposals will pass a vote of MPs on Saturday, with the DUP saying they still cannot support it.
The deal was announced by Mr Johnson and European leaders via Twitter on Thursday morning, ahead of a summit in Brussels.
It removes the much-disputed "backstop" proposals for the Irish border post-Brexit, and would instead see Northern Ireland remain in the UK's customs territory - while adhering to a limited set of EU rules on goods. Representatives in Northern Ireland would be able to decide whether to continue this arrangement every four years.
European Commission President Jean-Claude Juncker said it was a "fair and balanced agreement", calling for the Brexit process to "move on".
Mr Johnson said the "great" new deal "allows us to get Brexit done and leave the EU in two weeks' time, so we can then focus on the people's priorities and bring the country back together again".
However, opposition parties in the UK have been critical, with Labour leader Jeremy Corbyn saying the deal sounded "even worse" than what was negotiated by the previous prime minister, Theresa May".
https://www.bbc.com/news/uk-scotland-scotland-politics-50084610
The deal agreed between Boris Johnson's government and the EU would mean a "much harder Brexit" than previous proposals, Nicola Sturgeon has said.
An agreement between the UK and EU was announced on Thursday morning, but is still to face a vote in the Commons.
The first minister said it was "clear that Scotland is being treated unfairly", and confirmed that SNP MPs "will not vote for Brexit in any form".
And Ms Sturgeon said a "much harder Brexit beckons if this deal passes".
Mr Johnson said the "great new deal" would see the UK "take back control of our laws, borders, money and trade without disruption".
However, it is unclear if the proposals will pass a vote of MPs on Saturday, with the DUP saying they still cannot support it.
The deal was announced by Mr Johnson and European leaders via Twitter on Thursday morning, ahead of a summit in Brussels.
It removes the much-disputed "backstop" proposals for the Irish border post-Brexit, and would instead see Northern Ireland remain in the UK's customs territory - while adhering to a limited set of EU rules on goods. Representatives in Northern Ireland would be able to decide whether to continue this arrangement every four years.
European Commission President Jean-Claude Juncker said it was a "fair and balanced agreement", calling for the Brexit process to "move on".
Mr Johnson said the "great" new deal "allows us to get Brexit done and leave the EU in two weeks' time, so we can then focus on the people's priorities and bring the country back together again".
However, opposition parties in the UK have been critical, with Labour leader Jeremy Corbyn saying the deal sounded "even worse" than what was negotiated by the previous prime minister, Theresa May".
https://www.bbc.com/news/uk-scotland-scotland-politics-50084610
Similar threads
-
-
Collective Investment Scheme in stocks and futures trading?
- Started by rakamaka
- Replies: 7
-
Trading Futures: Indices Vs Individual Stocks- Started by Trade_Artist
- Replies: 9
-
-