Gold Silver Reports – (GSR) – MONSOON UPDATE For Indian Market – Conditions are becoming favourable for pre-monsoon thunderstorm activity over parts of northwest India from June 27, IMD’s Additional Director General Mritunjay Mohapatra said. Central India and the north Indian plains, that have been witnessing a rise in temperatures, are likely to get some relief in the next two to three days.
Live News
Get real-time live news on stocks, commodities, economy, and global financial markets. Stay ahead with instant updates and expert insights. – Gold Silver Reports (GSR)
Donald Trump Misguided Trade War
Gold Silver Reports (NBR) – Donald Trump Misguided Trade War — U.S. President Donald Trump may sincerely think he’s battling to win Americans a better deal on trade with China. In fact, he’s making a better deal harder to achieve — and threatening to inflict grave economic damage on the U.S. economy in the process.
Having a PAN Card Doesn’t Make Income Tax Return Filing Mandatory
Gold Silver Reports (GSR) – Having a PAN Card Doesn’t Make Income Tax Return Filing Mandatory — According to the income tax website, till 31 March 2018, there were about 379 million Permanent Account Numbers (PAN) allotted to various entities. Out of these, 369 million or 97.46% PANs were allotted to individuals. But irrespective of the fact that you have been allotted a PAN, it is not mandatory to file an income tax return (ITR) if your income is less than the maximum exemption limit. But it is mandatory to have a PAN card to file an ITR. In FY2017-18, about 67 million returns were filed, which is about 18% of total PAN allotted. Read more to know when one needs to file tax returns.
The World Cup Is On. Here’s What You Need to Know
Gold Silver Reports (GSR) – Who’s not at the World Cup in Russia? Teams from Italy, the Netherlands and the U.S., which all failed to qualify. Prince William and Prime Minister Theresa May, since U.K. officials are boycotting the event. And many of the FIFA members who controversially voted for Russia to host the event, as most of them are now banned from soccer, under investigation for corruption, deceased or have otherwise moved on. Who’s at the monthlong soccerfest? Thirty-two national teams, two all-time-great players (Argentina’s Lionel Messi and Cristiano Ronaldo of Portugal), hundreds of thousands of foreign fans and, for the first time, a bunch of “video assistant referees.” The world’s most-watched sports event got underway June 14 at Moscow’s Luzhniki stadium, the same venue that will stage the July 15 final.
Soccer-Uruguay beat Egypt with 89th-minute Gimenez goal
Gold Silver Reports (GSR) – Jose Gimenez thumped home a powerful 89th-minute header to give Uruguay a dramatic victory over heartbroken Egypt in a World Cup Group A game that had looked likely to be a low-key goalless draw on Friday. Gimenez rose to meet a Carlos Sanchez free kick to take the South Americans to three points alongside Russia, who beat Saudi Arabia 5-0 on Thursday, and break the resistance of Egypt. The Africans had been without injured key striker Mohamed Salah but defended resolutely.
Trump, Kim Express Optimism on Path to Peace as Summit Kicks Off – Donald Trump-Kim Jong Un Summit In Singapore
Gold Silver Reports (GSR) – President Donald Trump and Kim Jong Un expressed optimism that the U.S. and North Korea could find a path toward peace, opening a highly anticipated summit between two adversaries that only last year had seemed on the brink of nuclear war. “I believe this is a good prelude for peace,” Kim said as the two men sat accompanied by top aides an hour into their meetings in Singapore. Trump responded by saying “I do, too.” Looking Kim in the eye, he said “we will solve it, we will be successful.”
Chris Anstey Managing Editor, Asia Cross-Asset Markets – Donald Trump-Kim Jong Un Summit In Singapore
Gold Silver Reports (GSR) – Chris Anstey Managing Editor, Asia Cross-Asset Markets – Another potential implication is if these talks result in North Korea releasing people Japan says were abducted from its shores over the decades. It’s an emotive issue in Japan, and Prime Minister Abe has repeatedly pressed Trump to push on this. A release of abducted Japanese could help Abe, who’s been struggling in the polls. He faces a leadership contest in the ruling party in September.