Gold Silver Reports (GSR) – Reliance Jio Makes Big Inroads In Rural India – Reliance Jio Infocomm Ltd. added the highest number of rural users among rivals in April as billionaire Mukesh Ambani’s upstart grows beyond cities riding on the success of its low-cost JioPhone.
Money Market
GoldSilverReports provides you the list of Best Money Market Funds to Buy/Invest, Best Money Market Tips and Calls In India, Best Performing Money Market Mutual Funds.
Domestic-Oriented Stocks In India May Find Investor Interest: DBS Bank
Domestic-Oriented Stocks In India May Find Investor Interest: DBS Bank………… Trade tensions will impact markets more than actual economies in the short term, Taimur Baig, Chief Economist at DBS Bank told BloombergQuint in an interview.
Trade War Hits Stocks as $8 Trillion in Bear Market
Gold Silver Reports (GSR) – Trade War Hits Stocks as $8 Trillion in Bear Market — The MSCI Emerging Markets Index sank to the lowest in 10 months, while 18 out of 24 currencies tracked by Bloomberg fell. The Shanghai Composite Index has tumbled 20 percent from its peak in January, with China joining nations such as Turkey and Pakistan in crossing that threshold. The risk premium on sovereign bonds over U.S. Treasuries widened.
Abandoned Power Plant a $38 Billion Warning Sign for India Banks
Gold Silver Reports (GSR) – Abandoned Power Plant a $38 Billion Warning Sign for India Banks — Like many of India’s power stations, the Jharkhand project had all the markings of success when a group led by State Bank of India lent about $700 million five years ago to build it. There’s abundant coal and water in the area, a rail track was set to run through the premises, and its promise of 1,080 megawatts of electricity was alluring in a country that faces persistent power shortages and blackouts.
Nirav Modi in Connection with a Money Laundering Case Related to the $2 Billion Nirav Modi in connection with a money laundering case related to the $2 billion Punjab National Bank loan fraud
Gold Silver Reports (GSR) — Nirav Modi in connection with a money laundering case related to the $2 billion Punjab National Bank loan fraud, officials said.
RBI Widens ICICI Bank Probe after Whistleblower Complaints
Gold Silver Reports (GSR) – RBI Widens ICICI Bank Probe after Whistleblower Complaints — India’s banking regulator initiated a second probe into the affairs of ICICI Bank Ltd for allegedly delaying provisioning for stressed loans and so-called loan evergreening, among other wrongdoings, within days of receiving a whistleblower’s complaints on 20 March and 22 March, a fact that the bank was informed of only in early May.
USD/INR Spot: Above ₹68.05 Sell Karna Mana Hai, We Only Blast
USD/INR Spot: Above ₹68.05 Sell Karna Mana Hai, We Only Blast
“No Magic, No Miracle, Just Power of Level”
Neal Bhai Reports (NBR) By CFA’s and MFA’s Technical Team
Mobile No. 9582247600 & 9899900589