Emeka is of the view that lower oil prices would dent the earnings of companies. Being the second-largest oil consumer, China is a major player in the energy markets. It is also the world’s fifth-biggest oil producer, a largest oil importer, second-biggest refiner, third-largest gas consumer, sixth-biggest gas producer, and second-biggest LNG importer. … [Read more...] about ‘U-shaped’ recovery likely post coronavirus impact; these 8 stocks could take a hit
Revenue growth how to calculate
Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year. … [Read more...] about DoT may ask Airtel to clear Videocon’s AGR dues: Report
The latest implementation of minimum public shareholding norms wherein promoters including Radhakishan Damani have to bring down their shareholding below 75 percent was also one of the key reasons for the rally in share price and increase in wealth of Damani. They sold 3.48 crore shares through an offer for sale of 1.48 crore shares and qualified institutional placement of 2 crore shares (representing total 5.54 percent of paid-up equity). … [Read more...] about Radhakishan Damani invested in 3 new stocks in Dec quarter; do you own any?
Q) It was a historic week for Indian markets. Do you think the momentum will continue as we step into the last 6 days of 2019?A) December 2019 has been a historical month for the Indian market with Nifty and BankNifty forming record highs. However, this momentum is unlikely to continue in the last week of the month as we can already see the momentum shrinking in Nifty on a day-to-day basis. … [Read more...] about ‘Santa Claus rally has already begun, may not continue in the last week of 2019’
Expatriate employees who come to work in India and qualify as international workers face a more challenging situation. Their contribution towards their PF is much higher in the absence of any structured package and the contribution goes on the full salary. Employers don’t have the choice of reducing the amount of contribution, as they need to comply with the provisions of the Employees’ Provident Funds and Miscellaneous Provident Act, 1952. However, expatriate employees who come from countries with which India has totalisation agreements and have obtained the certificate of coverage from their home country’s social security authorities, are not impacted by the recent government proposal, as they are not required to contribute towards PF. … [Read more...] about Tax on PF contributions to hurt retirement savings of high-income earners