Day Trading Stocks & Futures

[sanju005ind]

Nearly Half The Nifty 50 Firms Are Fighting 30-Year Old Tax Cases



https://www.bloombergquint.com/bq-b...&utm_medium=social&utm_campaign=whatsapp_feed

Did not expect Bloomberg articles with spelling and grammatical mistakes. Highlighting few .

Such litigation is rampant in India. According to the Economic Survey of 2018—direct and indirect tax claims worth 4.7 percent of India’s $2.5 trillion gross domestic product are under litigation as of March 2017. No surprise then that the country ranks 121 among 190 nations on ‘paying tax’ even as the overall East of Doing Business ranking leaped to 63 from 130 in 2016. To be sure, not all
pending tax cases involve tiny amounts, BloombergQuint found in its analysts of Nifty 50 companies—seven banks haven’t disclosed this data.

 

[vikas2131]

Did not expect Bloomberg articles with spelling and grammatical mistakes. Highlighting few .

Such litigation is rampant in India. According to the Economic Survey of 2018—direct and indirect tax claims worth 4.7 percent of India’s $2.5 trillion gross domestic product are under litigation as of March 2017. No surprise then that the country ranks 121 among 190 nations on ‘paying tax’ even as the overall East of Doing Business ranking leaped to 63 from 130 in 2016. To be sure, not all
pending tax cases involve tiny amounts, BloombergQuint found in its analysts of Nifty 50 companies—seven banks haven’t disclosed this data.

In the Era of breaking news, mistakes are inevitable.

 

[cinderblock]

 

[vikas2131]

2 days in a row market is struggling at ATH. Does not look good.

 

[vikas2131]

China industrial profits fall sharply by -9.9% YoY & year-to-date -2.9%. Meanwhile, liabilities are UP 4.9%! Meaning, profitability down but debt up & that means WORSE repayment ability, from an already low level!!!

 

[Smart_trade]

US market is overbought on all time frames yet not even 2 percent correction.

It is in strong uptrend so overbought and oversold will not work..

Smart_trade

 

[siddhant4u]

Did not expect Bloomberg articles with spelling and grammatical mistakes. Highlighting few .

Such litigation is rampant in India. According to the Economic Survey of 2018—direct and indirect tax claims worth 4.7 percent of India’s $2.5 trillion gross domestic product are under litigation as of March 2017. No surprise then that the country ranks 121 among 190 nations on ‘paying tax’ even as the overall East of Doing Business ranking leaped to 63 from 130 in 2016. To be sure, not all
pending tax cases involve tiny amounts, BloombergQuint found in its analysts of Nifty 50 companies—seven banks haven’t disclosed this data.

It's joint venture.. so part managed by indian media house quintellion

 

[vikas2131]

It is in strong uptrend so overbought and oversold will not work..

Smart_trade

For trend to be sustainable , it should not go in euphoric mood too early . US market is in euphoric mood now so either normal correction to ease it up or keep going higher then another 2018 january like event

 

[vikas2131]

Mudra Loan: Obvious is happening! Rs. 3.21L cr loan disbursed to 19 cr accounts. So appx. Rs. 17K per account. Impossible to be gainfully employed with this tiny amount. Already 3.63 cr account defaulted. It's doomed from start! People warned but who cares

RBI deputy governor red-flags rising stress in Mudra loans

Reserve Bank of India deputy governor MK Jain on Tuesday raised red flags over rising non-performing assets (NPAs) in loans disbursed under the government’s Mudra loan scheme and urged banks to monitor the repayment capacity of borrowers before disbursement.

The Pradhan Mantri Mudra Yojana is a central government scheme under which small businesses can avail collateral-free working capital loan up to Rs 10 lakh. The scheme was flagged off in 2015 by PM Modi to ease the credit flow to In ..

Read more at:
//economictimes.indiatimes.com/articleshow/72238422.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

 

[vikas2131]

L&T