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Month: July 2019

Minimum Support Price (MSP) for all Kharif crops

Posted on July 4, 2019 by Achiievers
In a move to improve the income levels of farmers, the cabinet has approved hike in Minimum Support Price (MSP) for all Kharif crops for the fiscal year 2019-20. The actual Kharif output for the current season is awaited as the delayed onset of rains Read more [...]
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Indian gold imports up by 12.6% in June on a Year-on-Year basis.

Posted on July 3, 2019 by Achiievers
Oil flattered with a rally on Monday but lost more than the gains on Tuesday as growth reality came back to haunt oil. In fact, just a day after the OPEC and Russia decided jointly to sustain the 1.2 million bpd of crude output cut till March 2020, the Read more [...]
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There seems to be some good news coming on the infrastructure growth front

Posted on July 2, 2019 by Achiievers
There seems to be some good news coming on the infrastructure growth front. May core sector output recorded sharply higher at 5.1% led by steel and electricity. In fact, steel output growth at 19.9% and electricity growth at 7.2% were the two key drivers Read more [...]
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5G Auctions:Sounds fantastic but is it really practical at this point of time?

Posted on July 1, 2019 by Achiievers
A recent report in a leading magazine a few months back claimed that the introduction of 5G in India will literally revolutionize telecom. 5G is the fifth generation of bandwidth which is perfectly suited to high intensity mobile usage and the massive Read more [...]
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SEBI moves in decisively on key areas of market reforms

Posted on July 1, 2019 by Achiievers
The SEBI Board meeting held in the last week of June made some far reaching announcements. While some were for the current market conditions, others were intended for longer term. Here are four such areas that SEBI addressed. Special rights shares Special Read more [...]
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What exactly is driving the gold prices higher so rapidly?

Posted on July 1, 2019 by Achiievers
If you were to open the price chart of spot Gold on your Bloomberg terminal, you will not miss the sharp rally in gold in the last few months. In the last 6 months, gold is up by nearly 20% and is one of the best performing asset classes in risk adjusted Read more [...]
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A simplified GST may be on the cards soon

Posted on July 1, 2019 by Achiievers
The monsoon shortfall in India has become serious enough to warrant a separate mention by the PM in his “Mann ki Baat” broadcast. Modi called for aggressive water conservation as drought has hit crops in a big way. Prime Minister Modi underlined that Read more [...]
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