Sunday, November 19, 2017

IREF - Subscribed Threads Update

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Dear ck.kislay,

You are subscribed to the thread "Indian Stock Advice Trading Strategies Trends Market Predictions & Regulations" by pcpune, there have been 9 post(s) to this thread, the last poster was Dkumar12.

https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations

These following posts were made to the thread:

https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations

Posted by: Manoj2012

On: November 19 2017 04:29 PM

[SIZE=18px][B]NRIs, PIOs don't need to link bank [/B][B]account, PAN with Aadhaar: UIDAI[/B][/SIZE]

With warm regards,
Team IREF

https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations

Posted by: Manoj2012

On: November 19 2017 04:31 PM

[B][SIZE=24px]Moody's upgrades ratings of four Indian banks[/SIZE][/B] New Delhi, November 17: Close on the heels of India's sovereign rating upgrade, Moody's has upgraded four Indian banks to Baa2 from Baa3 - the same level as the Indian government. The four lenders are State Bank of India, HDFC Bank, Exim Bank and Indian Railway Finance Corporation.

With warm regards,
Team IREF

https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations

Posted by: Manoj2012

On: November 19 2017 04:32 PM

[B][SIZE=24px]Bad loans in banks could trigger downgrade[/SIZE][/B] The Times of India Published on November 18, 2017 Mumbai, November 17: Bad loans in banks could be the weak spot in India's economy and could risk triggering a future downgrade. Besides the standard risks to the economy arising out of fiscal slippage and from global volatility, Moody's has cited health of the banking system as vulnerability for the economy. According to Moody's, recapitalisation of PSU banks and proactive steps to resolve bad loans are beginning to address a key weakness in India's sovereign credit profile. SBI chairman Rajnish Kumar said that large NPA accounts referred to the National Company Law Tribunal in July would come up for resolution in January 2018. Bankers, however, say that since these are the first transactions the bankruptcy process is likely to get tested. Most bankers feel that bad loans will start declining only from the next financial year. Banks are also reluctant to take more defaulters to the National Company Law Tribunal as regulations require that they make 50% provisions on loans in respect of which bankruptcy proceedings have been initiated. There have been reports that the government may force banks to initiate insolvency proceedings against more borrowers. Besides having to make high provisions, if banks do not get acceptable bids during the insolvency process, they would be required to initiate liquidation proceedings. If this happens banks might be required to make massive write-down of their loans. The third uncertainty is over bank mergers. According to market players, investors are reluctant to make big bets on bank stocks over fears that government may decide to merge weak banks with some strong banks. Given that public sector banks do not have the flexibility to clean up their books there is fear that merger with a weak bank would hurt the stronger bank. "While the capital injection will modestly increase the government's debt burden in the near term (by about 0.8% of GDP over two years), it should enable banks to move forward with the resolution of NPLs through comprehensive write-downs of impaired loans and increase lending gradually," Moody's said. According to Care Ratings, gross NPAs of 36 top banks have increased from Rs 2.94 lakh crore in March 2015 to Rs 3.32 lakh crore in Sept 2015 and then sharply to Rs 8.38 lakh crore in Sept 2017. "The next two quarters would be crucial from the point of view of NPAs as it is still not clear whether or not they have been fully recognized and provided for. Private Banks too have witnessed an increase in their NPA ratios and the final picture will emerge by March 2018," said Madan Sabnavis, chief economist, Care ratings in a report on Friday. According to Bloomberg data, Indian companies and banks have sold $12.5 billion of foreign-currency bonds so far this year with a fourth of them coming from banks. Bankers said that the upgrade would also draw more investors into these bonds as the earlier rating was the lowest above-investment grade. Many pension funds, which are mandated to invest in only investment-grade securities, avoid bonds that are at the edge of investment grade. SBI chief economist Soumya Kanti Ghosh said, "The ratings upgrade will have a profound impact on bond yields and lift the morose sentiments in the bond market, apart from impacting the movements in the domestic currency. The greatest irony is that despite India's improved fundamentals, bond yields have moved in a contrarian direction. For example, if we compare India's bond yield from the levels of 2008, it is highest among select economies. India's bond yields are around 170 bps higher than the 2008 level."

With warm regards,
Team IREF

https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations

Posted by: Manoj2012

On: November 19 2017 04:40 PM

[SIZE=24px][B]Airtel added 23 million subscribers over the past year, while Jio and others lost active subscriber base: Report[/B][/SIZE] [B]Bharti Airtel is the only telecom service provider to show growth in active subscriber base, according to a new report from India Ratings and Research.[/B] Indian telecom players have been involved in a bitter tariff war to offer cheaper data and free voice calls to their subscribers since the launch of [URL="https://www.digit.in/telecom/reliance-jio-turns-one-heres-a-look-at-network-performance-over-the-past-year-36856.html"]Reliance Jio's 4G service last year[/URL]. The impact has been significant with telecom industry entering a phase of consolidation and major players merging their services with smaller players to retain value. reliance jioWhere to buy's journey, on the other hand, has been nothing short of a fairy tale. The Mukesh Ambani-led company has added over 130 million subscribers since launch and has even led to a significant jump in data consumption in the country. Now a [URL="https://www.indiaratings.co.in/PressRelease?pressReleaseID=29799&title=Telecom-Connect%3A-Sector-At-a-Glance-%E2%80%93-October-2017-Issue"]new report from India Ratings and Research shows[/URL] that Jio has not affected the base of incumbents Bharti Airtel, Idea Cellular and Vodafone India in a significant way. The report highlights that active subscriber base is falling for all major telecom players except Bharti Airtel, which has added 23 million VLR (visitor location register) subscribers over the past year. Idea Cellular and Vodafone gained 11.9 million and 5.1 million VLR subscribers respectively over the past year, but have started reporting subscriber loss in the past three months. It also mentions that reliance jioWhere to buy had 133 million subscribers at the end of August 2017 and its subscriber addition has tapered off from the peaks of 19 million at the time of launch. The company is said to be adding 4-5 million subscribers per month but its active subscriber base was relatively low at 100 million due to its lower peak visitor location register measured at 75 percent in the month of August 2017. The report notes that Jio's subscriber growth is mainly explained by the penetration of dual-SIM smartphones in the country. This is in line with a [URL="https://www.digit.in/telecom/82-percent-jio-subscribers-use-service-as-secondary-sim-study-35705.html"]study published in June[/URL] which highlighted that 82 percent Jio subscribers use the service as secondary SIM and continue to use service from another operator for their primary SIM. "RJio's biggest impact has been on data consumption pattern as all its wireless subscribers are by default broadband data subscribers. This has increased not only the absolute number of data subscribers but also its discounted tariffs have increased the data consumption multi-fold." Bharti Airtel [URL="https://www.digit.in/telecom/bharti-airtel-acquires-tatas-consumer-mobile-business-as-consolidation-continues-in-indias-telecom-m-37552.html"]acquired[/URL] Tata's consumer mobile business last month while Idea Cellular and Vodafone India are in the process of merging their business, leading to the largest telecom service provider in the country. Reliance Communications, promoted by Anil Ambani has decided to discontinue its voice service from December 1, 2017, making it the biggest victim of the change in the order in the Indian telecom segment.

With warm regards,
Team IREF

https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations

Posted by: ukdoctor

On: November 19 2017 04:56 PM

[QUOTE=Manoj2012;n2566549][SIZE=18px][B]NRIs, PIOs don't need to link bank [/B][B]account, PAN with Aadhaar: UIDAI[/B][/SIZE][/QUOTE]Also if you are an NRI , don't apply for aadhar while visiting India even if friends or family ask you to do it. This will be totally crazy as you are then declaring yourself to be a resident and potentially losing your NRI tax status. This will lead to unnecessary hassle from IT department. In the aadhar enrolment form you have to sign a declaration that you have been resident in India for the last 182 days (I.e not an NRI)

With warm regards,
Team IREF

https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations

Posted by: Manoj2012

On: November 19 2017 09:55 PM

[I][SIZE=22px][B]Received a Whatsapp Msg ....... Those from Engineering or IT profession ....... Please give your Opinion on it ......[/B][/SIZE] [SIZE=18px]An Eye - Opening and Thought Provoking Message for All Engineering Aspirants!! Just read a great eye opening article a few days back in one of the online news articles-- Sharing a glimpse for your eyes too!! It says---- Learning to Swim in Difficult times!! 75% engineering colleges will shutdown. Parents need to change approach towards education. Fact based article , please share with each student and parent. USA produces around 1 lakh engineers per year for a $ 16 Trillion economy. India produces 15 lakhs engineers for a $ 2 Trillion economy. If there are so many engineers, there must be enough demand to pull them in. But it is not there. The earlier mass recruiting sector was manufacturing. It used to recruit from the core branches like civil, electrical and mechanical. But, manufacturing is stagnant at just 17% of the GDP. So the core branch placements have become difficult. The new mass recruiter was the IT sector. It grew from scratch to almost 5% of the GDP in 25 years. Employed millions of engineers. Now, IT is also saturating. Is our Talent Pool getting Redundant!! If you look at the sectoral composition of Indian economy, most of the sector do not need engineers. Tourism is 10% of the GDP, does not require engineers. Financial sector, trade, hotels and restaurants do not require engineers. Requirement in health, education, agriculture is almost negligible. More than 50% of the GDP has no role for engineers. Still most of us are becoming engineers. The current situation is not sustainable. So the demand is less while the supply is high. Over and above this, skill level of an average engineer is poor. I say its non-existent. Leave the top 100–200 colleges. And you will find that a fresh engineer has no idea of what s/he has studies. Ask a fresh mechanical engineer, can s/he design a simple frame? Today the situation is that most engineers are working in a field that has no connection to what they have studied in the college. This is a waste of resources. Engineering degree does not come cheap. It costs about 5 to 10 lakhs. For poor parents, its a huge burden. When their son is not able to secure a job, they are devastated. For the nation, you can calculate the loss. Leave around 1 lakh engineers that NASSCOM says are employable. The rest 14 lakhs have each wasted 10 lakhs of fees. That totals to around $ 20 Billion. Almost equal to the Government's spending on healthcare. Over this, there is loss of human capital. Parents and students need to think thrice before taking admission to engineering colleges.[/SIZE][/I]

With warm regards,
Team IREF

https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations

Posted by: ukdoctor

On: November 20 2017 02:32 AM

[QUOTE=ukdoctor;n2566225][QUOTE=humblefool;n2566158][QUOTE=ukdoctor;n2566007][QUOTE=humblefool;n2565908]https://www.timeslive.co.za/sunday-times/business/2017-11-15-bitcoin-surges-in-zimbabwe-after-military-seize-power/ Bitcoin shows its utility in the place where it matters. Countries with rogue governments. [/QUOTE]IMHO one should keep a few % of their net worth in bitcoin. It is still very resilient to the forks that have have happened. My current holding is approx 7.5% of my net worth on bitcoin. I bought some more at the recent fall as part of my monthly allocation . PS: I did ask my friend about his price forecasts (I think he is extremely optimistic as he is all in) and as per him $10000 per bitcoin is just around the corner possibly even in a few weeks. [/QUOTE]See, this whole African and South American nation fiasco, is why might need some kind of non-fiat crypto curency eventually. But I'm not sure if Bitcoin can be one of them. Bitcoin unfortunately got off to a bad start. My guess is a non-deflationary currency, which doesn't have a get rich quick scheme like mining will eventually work for most of the world. [/QUOTE]Bitcoin fits this perfectly . Portable unlike gold which can be confiscated and cannot be frozen like a bank account ( see what happened to the Saudi milionaires who are desperately liquidating assets to get cash out of the country ) Even if countries ban it it will still be traded underground.Easy way of getting cash out of India (if you trust bitcoin that is). I buy using my NRO account and the bitcoin I buy can be liquidated in the UK. Though bitcoin prices in India are usually at a premium to UK , it can be lower sometimes which provide an excellent arbitrage opportunity. Forget about bitcoin gold /bitcoin cash etc. They are Altcoins which are just a way for the developers to get rich..Those in the game know that and so do the current prices. [/QUOTE]The interesting thing with bitcoin or for that matter any data currency (I hate the term crypto ) is that most older people hate it.. Be honest . Most of us on the forum are 30++ if lucky . In fact most are way older and are 40+ or 50+ Thing is that most millenials ( will use this term for the under 30's ) feel the same about gold.. Majority of the millenials are 15%++ data currencies and you only need a 5% allocation of millennial wealth from the west to have a bitcoin price of 25000-50000 per bitcoin This is on the low end and the potential is much higher . This is why I have been extremely bullish on these .. I m lucky that I have the opportunity to work with younger folk in my line of work And have managed to identify some of millennial stocks.in

With warm regards,
Team IREF

https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations

Posted by: Dkumar12

On: November 20 2017 06:44 AM

[USER="211209"]ukdoctor[/USER] I am not sure how your other friends are doing. But I am regularly filing ITR every year. I have most of my savings in banks FD on which I pay tax and then reclaim it back after filing ITR. IT notices mostly come when they suspect any inconsistency. Your friends might not be filing ITRs and suddenly made big property purchase. So its imperative for IT deptt. to ask for source of funds which a person can easily show with his/her resident status and ITRs filed abroad. I know many indians who dont file ITR at all in India after they came out of India. I dont know if it is good or bad, but as everything is online, I dont see any problem in maintaining my tax records in India.

With warm regards,
Team IREF

https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations

Posted by: Dkumar12

On: November 20 2017 07:10 AM

[USER="104911"]Manoj2012[/USER] When I see any old movie, in that also, this unemployment issue is shown. Everyone needs to get a good education, specially in Indian society where a person is judged by his/her qualification. Whether one gets good job or not, that is a secondary thing. After graduating from any field, the young chap is smart enough to know how to survive in tough environment. I have stayed for short duration in Katwaria Sarai, near JNU long time back, where young people from all around India come and prepare for different exams, courses etc. Everyone has enthusiasm to do something. They study day n night. Take help from each other. May be, not every one will get onsite or high paying job but still person will be able to do something for his/her livelihood. So I dont understand spreading such havocs and creating panic.

With warm regards,
Team IREF

With warm regards,

Team IREF

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