Money Market Heads Up: Rupee Seen Trading In Range Of ₹68-68.50 — The RBI said it will buyback Rs 10,000 crore of debt via open market operations on Thursday – the first such OMO operation after May 17. This may help turn the bearish sentiment and see yields declining.
Indian Stock Market Is Driven By Traders From One City
Gold Silver Reports (GSR) – Indian Stock Market Is Driven By Traders From One City – A record number of Indians now have demat accounts but India remains a traders’ stock market driven by one city: Mumbai.
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.
Exports of Petroleum Products Saved the Day in May
Gold Silver Reports (GSR) – It would be best to be cautious about the 20% year-on-year growth in exports in May. The growth is mainly on account of a spurt in the export of petroleum products, which are up 104% from a year ago. As a note by Edelweiss Securities Pvt. Ltd points out, perhaps the bunching up of oil exports in May led to this extraordinary rise.
Gold MCX Rock-Hard Support ₹ 30800, If Break and Close? What Next?????
Gold MCX Rock-Hard Support ₹ 30800, If Break and Close Below ₹30800, We See Big Panic in Coming Days.
MCX Gold Reports : MCX Gold Daily Chart Made Bear Phone Chart Pettern or Tripal Top Formation, Big Move on Chart
“No Magic, No Miracle, Just Power of Level”
Dax Germany Index Rock-hard Support 12560 Below, We See 200—300 Point Rally
Dax Germany Index Rock-hard Support 12560 Below, We See 200—300 Point Rally “No Magic, No Miracle, Just Power of Level” Neal Bhai Reports (NBR) By CFA’s …