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Showing posts from November, 2016

Sensex, Nifty open Flat

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The market has opened flat on Wednesday. The Sensex is up 75.90 points or 0.3 percent at 26469.91  and the Nifty is up 27.70 points or 0.3 percent at 8169.85.  About 273 shares have advanced, 64 shares declined, and 22 shares are unchanged. Get live News Updates visit us at http://ripplesadvisory.com/free-trial.php or One Missed Call on @9303-093093.

Nifty 8300 Call adds 4.9 lakh shares in Open Interest

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F&O cues:  Nifty 8100 Put added 4.7 lakh shares in Open Interest on November 29  Nifty 8200 Put added 8.3 lakh shares in Open Interest  Nifty 8200 Call added 5.5 lakh shares in Open Interest  . Nifty 8300 Call added 4.9 lakh shares in Open Interest  FIIs in F&O on November 29  FIIs net buy Rs 615 crore in Index Future  FIIs net buy Rs 1426 crore in Index Options  FIIs net buy Rs 833 crore in Stock Future Get live News Updates visit us at http://ripplesadvisory.com/free-trial.php or One Missed Call on @9303-093093.

Rupee Opens lower at 68.67 per Dollar

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The Indian rupee opened marginally lower at 68.67 on Wednesday per dollar versus 68.65 Tuesday.  "The expectation is that the market will take cues from the equity market as well as the dollar index movement.  Hence, it is expected that the USD-INR will trade in the range of 68.50-68.80/dollar." Get live News Updates visit us at http://ripplesadvisory.com/free-trial.php or One Missed Call on @9303-093093.

Asia Stocks edge up on US growth Data Cues

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Get live News Updates visit us at  http://ripplesadvisory.com/free-trial.php  or One Missed Call on @9303-093093. Asian stocks edged higher on Wednesday reflecting upbeat US growth news while oil steadied after a sharp drop overnight as OPEC struggled to agree on a glut-draining production cut. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 percent in early trades. It is poised to post a second consecutive monthly loss.  Early action in Asian stocks was just as guarded with Australia down 0.16 percent , the Nikkei flat and South Korea up 0.2 percent. In currency markets, the dollar consolidated recent gains against a trade-weighted basket of its peers with investors looking to buy on dips after strong data.  The US economy grew faster than initially thought in the third quarter, notching its best performance in two years. The relatively upbeat data pushed major US stock indices higher with major benchmarks closing between 0.2 to ...

Health Stocks Boost Wall Street; Energy a Drag

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Get live News Updates visit us at  http://ripplesadvisory.com/free-trial.php  or One Missed Call on @9303-093093. US stocks edged higher on Tuesday as an upbeat outlook from UnitedHealth lifted health insurers, though a sharp drop in oil prices weighed on energy shares and limited the advance. The day's small gains followed a decline in the market on Monday. Analysts said the post-US election rally may be losing momentum, wit the S&P 500 now up roughly 8 percent for the year to date.  Wall Street has risen sharply following Donald Trump's White House win, helped in part by investor expectations that his plans to increase infrastructure spending, cut corporate taxes and reduce regulation will boost the economy. "The Trump rally seems to have stalled out to some extent, and I think it's stalled because we're starting to run into valuation concerns," said Hugh Johnson, chief investment officer of Hugh Johnson Advisors LLC in Albany, New York.  ...

Rupee opens higher at 68.73 per dollar

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Get live News Updates visit us at http://ripplesadvisory.com/free-trial.php or One Missed Call on @9303-093093 The Indian rupee opened higher by 3 paise at 68.73 per dollar versus previous close 68.76. The rupee slide has been halted by aggressive RBI selling. Expect the USD-INR to be under pressure and trade in the 68.50-69.50/dollar range in the near term." The Indian rupee closed at a fresh 39-month low against the US dollar. The fall comes as foreign institutional investors have sold over 5 billion dollars worth of Indian equities ever since the government announced the demonetization drive. The dollar edged down against a basket of major currencies on Monday, surrendering some gains after a sharp rally that followed Donald Trump's surprise victory in the US Presidential election. The dollar had surged more than 4 percent against a basket of currencies in the wake of the election earlier this month - but has now retreated from its 14-year high.

Asia markets open mixed; Nikkei down, Kospi and ASX trade flat

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Get us on http://ripplesadvisory.com/free-trial.php click here, more and for Two days Free Trial drop your missed call on - 9303093093 Asia markets were mixed on Tuesday, taking cues from the US where a post-election rally appeared to stumble. Traders also looked ahead to key global events set to take place this week, including a meeting on Wednesday between the world's largest oil producers, and the release of the US nonfarm payroll report on Friday. In Japan, the Nikkei 225 opened down 0.41 percent, while the Topix fell 0.34 percent. Japanese shares were likely pressured by a slightly stronger yen, which traded at 111.94 against the dollar on Tuesday morning in Asia, climbing from levels near 113.00 in the previous week.

Nifty above 8150, Sensex up over 100 pts; Tata Steel, Idea gain

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Get live News Updates visit us at http://ripplesadvisory.com/free-trial.php or One Missed Call on @9303-093093 The Sensex is up 114.45 points or 0.4 percent at 26464.62 and the Nifty is up 34.25 points or 0.4 percent at 8161.15. About 1170 shares have advanced, 279 shares declined, and 44 shares are unchanged. Coal India, HDFC, Tata Steel, Reliance and ONGC are top gainers while Infosys, Hero MotoCorp, Axis Bank, NTPC and TCS are losers in the Sensex.

RBI to relax cash withdrawal limits on or after Tuesday

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Get us on http://ripplesadvisory.com/free-trial.php click here, more and for Two days Free Trial drop your missed call on - 9303093093 The Reserve Bank of India late Monday issued a notification relaxing current cash withdrawal limits of legal tender notes at banks and ATMs on or after November 29. New Rs 2,000 and Rs 500 will be issued for such withdrawals. The RBI, however, didn't specify the revised cash withdrawal limit. "It has been decided, on careful consideration, to allow withdrawals of deposits made in current legal tender notes on or after November 29, 2016 beyond the current limits; preferably, available higher denominations bank notes of Rs 2,000 and Rs 500 are to be issued for such withdrawals," RBI said in a statement. The notification is being viewed as a relief from the central bank ahead of salaries that companies credit to employees. Meanwhile, RBI said banks across the country have received Rs 8.45 lakh crore from demonetisation during Nove...

आरबीआईः कल से ज्यादा कैश निकालने की छूट

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Get live News Updates visit us at http://ripplesadvisory.com/free-trial.php or One Missed Call on @9303-093093 आरबीआई ने कैश नियमों में ढील का एलान किया है। अब बैंक काउंटर से कैश निकालने की लिमिट में छूट दी गई है, लेकिन इसमें एक पेंच है। आरबीआई ने बैंक काउंटर से कैश निकालने की लिमिट को खत्म कर दिया है। हालांकि नई करेंसी में जमा पैसे को निकालने की ही पूरी छूट मिलेगी। नए नियमों के मुताबिक 29 नवंबर के बाद से ग्राहक अपने खाते से तय लिमिट से ज्यादा कैश निकाल सकेंगे। बैंक काउंटर से कैश निकालने पर 500 रुपये और 2000 रुपये नोट मिलेंगे। वहीं आरबीआई ने कहा है कि बैंकों को जल्द ही अतिरिक्त नोट जारी किए जाएंगे। आरबीआई ने ये भी बताया कि नोटबंदी के बाद बैंकों में 8.45 लाख करोड़ रुपये जमा हुए हैं, तो 10-27 नवंबर के बीच लोगों ने 2.17 लाख करोड़ रुपये निकाले हैं। इस दौरान करीब 33950 करोड़ रुपये के पुराने नोटों की बदली हुई है।

Sensex, Nifty continue to climb; pharma stocks down, auto up

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Get us on http://ripplesadvisory.com/free-trial.php click here, more and for Two days Free Trial drop your missed call on - 9303093093 The market is still picking up pace as the Nifty eyes 8200. The 50-share is up 63 points or 0.8 percent at 8189.90 while the Sensex is up 184.62 points or 0.7 percent at 26534.79. Pharma stocks are under performing while auto stocks are gaining. Maruti, M&M, GAIL, HDFC and Tata Motors are gainers while Sun Pharma, Lupin, HUL, Cipla and NTPC are losers in the Sensex. Gold edged lower on Tuesday as the US dollar steadied, with markets on edge ahead of a meeting this week that could see oil producers curb output. The dollar index, which measures the greenback against a basket of currencies, was steady at 101.390. Gold prices have fallen over USD 140 an ounce from their post-US election peak on Nov. 9 after a surge in US Treasury yields had sent the dollar to its highest in nearly 14 years.

Farmers selling produce 20% cheaper than normal

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Get live News Updates visit us at http://ripplesadvisory.com/free-trial.php or One Missed Call on @ 9303-093093 Due to a lack of buyers in the market, farmers of perishable goods are selling their produce at 20 percent cheaper, says Former Agriculture Secretary Siraj Hussain. He says the farmers may also use poor quality seeds for sowing as they do not have the money to buy superior ones. Farmers will require more money in two weeks time, when they have to apply fertilizers on their crop, says Hussain. They have only till then to get cash in their hands to buy urea. But money may not be very easy to come by for them as co-operative banks refuse to exchange or deposit money into accounts in villages, says Ajay Vir Jakhar, Chairman, Bharat Krishak Samaj. These State run co-operative banks in rural areas are in the pockets of politicians who make farmers suffer for their wrong doings. Co-operative banks have been instructed to not deposit money," says Jakhar. Although de...

Putin, Iran's Rouhani back OPEC bid to stabilise oil prices

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Get us on http://ripplesadvisory.com/free-trial.php click here, more and for Two days Free Trial drop your missed call on - 9303093093 Russian President Vladimir Putin and his Iranian counterpart Hassan Rouhani have expressed support for OPEC's plans to limit the cartel's output ahead of a crucial meeting this week. In a telephone conversation, the two leaders said the cartel's efforts were "an essential element" for returning stability to global oil prices, a Kremlin statement said yesterday. The importance of steps taken by OPEC to limit the production of commodities was emphasised as an essential element for stabilising world oil markets," it said. During their conversation, the two leaders also "agreed to continue to coordinate their efforts on the world energy markets, including the dialogue on energy between Russia and OPEC.

PM Modi likely to intervene in demonetisation debate

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With the Opposition making it a point that Prime Minister Narendra Modi explains the rationale behind the demonetization in the House, it is expected that the latter may oblige them. The PM is likely to speak in the House today. The Opposition held a Jan Aakrosh Rally on Monday to press home the point. For daily intraday tips and intraday calls click this link to get connect with us https://www.linkedin.com/title/ripples-advisory fill our Two Days Free Trial For more you can give One missed call on this no. -9303093093

EPFO seeks clear exit norms on equity invstments from govt

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Get us on http://ripplesadvisory.com/free-trial.php click here, more and for Two days Free Trial drop your missed call on - 9303093093 The Employees Provident Fund Organization (EPFO) is seeking a clear exit policy on its equity investments from the government before deploying any more money in the market. The EPFO started putting some of its Rs 1 lakh crore-plus of assets under management into equity markets starting August 2015. Since then, it invested Rs 10,500 crore into equities. In September, the government had directed the EPFO to increase its investments into equities to at least 10 percent of total deposits. The EPFO will be writing to the Labour and Finance Ministries to form an 'effective' exit policy and will consult fund managers before submitting proposals to the government. SBI and UTI Mutual Funds currently manage the market investments of EPFO.

JP Morgan initiates Britannia with overweight, target at Rs 3500

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Get live News Updates visit us at http://ripplesadvisory.com/free-trial.php or One Missed Call on @ 9303-093093 Bakery and dairy products maker Britannia Industries shares gained nearly 2 percent intraday Tuesday after JP Morgan has initiated coverage with an overweight rating and a December 2017 target price of Rs 3,500, implying 18 percent potential upside. It is a leading packaged foods company and benefits from a rising focus on innovation, astute marketing and good execution, which should continue to support market-share gains and mix enhancements, the brokerage house says. In near term, even as demonetization keeps 2HFY17 performance volatile, JP Morgan expects growth rates to improve over FY18 and find current levels to be a good entry opportunity for long term investors. It also expects revenue momentum to sustain a 13 percent CAGR with modest margin expansion driving a 16 percent EPS CAGR over FY16-19. Strong free cash flow generation, healthy return ratios and po...

ओपेक आम सहमति के बाद रूस तेल उत्पादन कटौती के लिए तैयार'

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रूस के ऊर्जा मंत्री एलेक्जेंडर नोवाक ने शनिवार को कहा कि अगर पेट्रोलियम निर्यातक देशों का संगठन (ओपेक) एक आम सहमति तक पहुंच जाता है तो रूस तेल उत्पादन कटौती करने वाले समझौते में शामिल हो सकता है। रूसी मंत्री ने यह टिप्पणी उत्पादन संबंधी उपायों के कार्यान्वयन पर चर्चा के लिए होने वाली ओपेक बैठक से पहले की। नोवाक ने संवाददाताओं से कहा, "हम इस स्थिति का समर्थन करते हैं  कि पहले ओपेक देशों के संगठन ओपेक को एक आम सहमति तक पहुंचना चाहिए उसके बाद गैर ओपेक देशों को समझौते में शामिल होना चाहिए।" उन्होंने कहा कि रूस समझौते के बारे में सकारात्मक है और वह प्रासंगिक विचार-विमर्श में भाग लेता रहेगा। अल्जीरिया में सितंबर में हुई एक अनौपचारिक ओपेक बैठक में भाग लेने वालों देशों के बीच तेल उत्पादन को सीमित करने पर सहमति बनीं थी लेकिन बैठक में विशिष्ट सीमा या विशेष देशों के लिए कटौती पर कोई समझौता नहीं हुआ था। तेल उत्पादक संघ का विस्तृत सौदे को अंतिम रूप देने के लिए 30 नवंबर को आस्ट्रिया के वियना में बैठक का कार्यक्रम है। Get us on http://ripplesadvisory.com/free-trial.php clic...

RBI Takes Surprise Action to soak up liquidity

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Get us on  http://ripplesadvisory.com/free-trial.php  click here, more and for Two days Free Trial drop your missed call on -9303093093. The Reserve Bank of India (RBI) on Saturday unexpectedly ordered banks to deposit their extra cash with it, in a bid to absorb excess liquidity generated by a government ban on larger banknotes. Many Indians deposited their old notes with their banks after the ban on 500 and 1,000 rupee notes ($7.30-$14.60) on Nov. 8, which is aimed at tax evaders and counterfeiting.  Banks had put some of this cash into government bonds, sparking a rally that saw the benchmark 10-year bond yield fall more than 50 basis points to its lowest in more than 7-1/2 years. The central bank said banks would need to transfer 100 percent of their cash under the RBI's cash reserve ratio from deposits generated between Sept. 16 and Nov. 11, saying it was a temporary measure that would be reviewed on or before Dec. 9.  Traders called it a drastic ...

Nifty and Sensex Open Down

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The market has opened weak as the Sensex is down 118.97 points or 0.4 percent at 26197.37.  The Nifty is down 39.25 points or 0.5 percent at 8075.05.  About 437 shares have advanced, 396 shares declined, and 45 shares are unchanged. Get us on http://ripplesadvisory.com/free-trial.php click here, more and for Two days Free Trial drop your missed call on -9303093093.

Fearing Tighter U.S. visa Regime, Indian IT firms rush to hire, Acquire

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Anticipating a more protectionist U.S. technology visa programme under a Donald Trump administration, India's $150 billion IT services sector will speed up acquisitions in the United States and recruit more heavily from college campuses there.  Get us on  http://ripplesadvisory.com/free-trial.php  click here, more and for Two days Free Trial drop your missed call on -9303093093. Indian companies including Tata Consultancy Services (TCS), Infosys and Wipro have long used H1-B skilled worker visas to fly computer engineers to the U.S., their largest overseas market, temporarily to service clients. Staff from those three companies accounted for around 86,000 new H1-B workers in 2005-14. The U.S. currently issues close to that number of H1-B visas each year.  President-elect Trump's campaign rhetoric, and his pick for Attorney General of Senator Jeff Sessions, a long-time critic of the visa programme, have many expecting a tighter regime. "The world over...

सायरस मामले में टाटा ग्रुप में टूटी गरिमा

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Get us on  http://ripplesadvisory.com/free-trial.php  click here, more and for Two days Free Trial drop your missed call on -9303093093. लंदन बिजनेस स्कूल के विजिटिंग प्रोफेसर और टाटा संस के ग्रुप एक्जिक्युटिव काउंसिल के पूर्व सदस्य निर्मल्या कुमार ने टाटा ग्रुप पर करारा हमला किया है। सीएनबीसी- आवाज़ के साथ एक्सक्लूसिव बातचीत में उन्होंने कहा कि टाटा ग्रुप को लाला की दुकान की तरह चलाया जा रहा है, ग्रुप के कॉर्पोरेट गवर्नेंस पर गंभीर सवाल खड़े हो गए हैं। बता दें कि निर्मल्या कुमार सायरस मिस्त्री के करीबी माने जाते हैं। उन्होंने आगे कहा कि सायरस मिस्त्री के मामले को गरिमामय तरीके से हल किया जा सकता था। मिस्त्री को उनका विकल्प मिलने तक काम करने देना चाहिए था। मिस्त्री को हटाए जाने के तरीके से टाटा की साख पर असर पड़ा है। निर्मल्या कुमार का कहना है कि टाटा ग्रुप में इंडिपेंडेंट डायरेक्टर्स की ताकत खत्म की जा रही है। टाटा ग्रुप लाला की दुकान की तरह चल रहा है। टाटा ग्रुप के कॉरपोरेट गवर्नेंस की मिसाल दी जाती है। टाटा ग्रुप की इमेज कॉर्पोरेट इंडिया से जुड़ी है लेकिन ...

F&O cues: Nifty 7900 Put adds 4.6 lakh shares in Open Interest

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F&O cues:  Nifty 8000 Put added 10.7 lakh shares in Open Interest on November 25  Nifty 7900 Put added 4.6 lakh shares in Open Interest  Nifty 8000 Call shed 2.5 lakh shares in Open Interest  Nifty 8400 Call added 3.9 lakh shares in Open Interest  FIIs in F&O on November 25   FIIs net buy Rs 638 crore in Index Future  FIIs net buy Rs 2422 crore in Index Options  FIIs net buy Rs 1034 crore in Stock Future Get us on http://ripplesadvisory.com/free-trial.php click here, more and for Two days Free Trial drop your missed call on -9303093093.

Rupee Opens Higher at 68.42 per Dollar

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The Indian rupee opened marginally higher at 68.42 per dollar on Monday versus 68.46 Friday.  "Positive cues from global as well as domestic equity market will help the rupee to trade with a positive bias. The trading range for the USD-INR pair will be 68.20-68.80/dollar."  The dollar fell against major rivals on Friday as investors took advantage of a pullback in US bond yields and a holiday-shortened week to consolidate gains that have propelled the currency to a nearly 14-year peak. Get us on http://ripplesadvisory.com/free-trial.php click here, more and for Two days Free Trial drop your missed call on -9303093093.

Indian ADRs: Infosys, Wipro gain 3%, Dr Reddy's Lab up

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Get us on  http://ripplesadvisory.com/free-trial.php  click here, more and for Two days Free Trial drop your missed call on -9303093093. Indian ADRs ended higher on Friday. In the IT space, Infosys gained 2.83 percent at USD 14.53 and Wipro added 3.19 percent at USD 9.70.  In the banking space, HDFC Bank rose 1.94 percent at USD 64.08 and ICICI Bank was unchanged at USD 7.73.  In the other sectors, Dr Reddy's Laboratories added 1.25 percent at USD 46.12 and Tata Motors was down 0.24 percent at USD 33.43.

Japanese Stocks lower as yen Jumps against Dollar

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Get us on  http://ripplesadvisory.com/free-trial.php  click here, more and for Two days Free Trial drop your missed call on -9303093093. Japanese stocks traded weaker on Monday after an 11 straight sessions of gains as the yen fell sharply against the dollar and oil prices slipped. Japan's Nikkei 225 fell 0.82 percent, likely due to the yen strength, which is seen as a negative for Japanese export-oriented stocks.  The yen surged more than 1 percent to 111.63 against the dollar as of 10:01 am HK/SIN, well below levels above 113 last week. Australia's ASX 200 eased 0.29 percent, weighed by weaknesses in its energy sub-index, which fell 1.94 percent, and its materials sub-index, which was down 1.03 percent.  Tabcorp jumped 2.27 percent at USD 4.73 per share, after The Mail on Sunday reported that British bookmaker Ladbrokes Coral planned to make a 2 billion pound (USD 2.5 billion) bid for the Australian betting company.  In South Korea, the Kosp...

Wall St: Retail Stock rally leaves few Bargains for Investors

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Wall Street expects consumers to open their wallets a little wider this holiday shopping season but bargains among red-hot retail stocks could be hard to find, especially as profit growth proves elusive for many big names. Retailers, including Best Buy , Kohls Corp and Macy's , that were pummelled in last year's disappointing holiday quarter have seen their shares surge recently on expectations that the worst is over, and that an improved economy will send more shoppers into their stores.  Get us on  http://ripplesadvisory.com/free-trial.php  click here, more and for Two days Free Trial drop your missed call on -9303093093. Those gains in recent days have helped push the S&P 500 to a record high. With US consumers bolstered by wage gains and higher employment, holiday sales will grow 3.6 percent, National Retail Federation predicts. Last year's growth was a modest 3.2 percent, short of the federation's 3.7-percent growth forecast.  But some investo...

अमेरिकी बाजार रिकॉर्ड ऊंचाई पर बंद, डाओ 19000 के पार

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For More : http://ripplesadvisory.com/free-trial.php अमेरिकी बाजारों में तेजी जारी है। डाओ और एसएंडपी 500 रिकॉर्ड ऊंचाई पर बंद हुए है। डाओ जोंस पहली बार 19000 के पार चला गया है। दरअसल ट्रंप की जीत के बाद बाजार को लग रहा है कि कॉरपोरेट टैक्स में कटौती होगी और ट्रंप सरकार इंफ्रास्ट्रक्चर में निवेश बढ़ाएगी। ट्रंप के जीतने के बाद डाओ जोंस में 4.5 फीसदी का उछाल आ चुका है। शुक्रवार के कारोबारी सत्र में डाओ जोंस 68.96 अंक यानी 0.36 फीसदी बढ़कर 19,152.14 पर, एसएंडपी-500 इंडेक्स 8.63 अंक यानी 0.4 फीसदी बढ़कर 2,213.35 पर और नैस्डेक 18.24 अंक यानी 0.34 फीसदी की मजबूती के साथ 5,398.92 पर बंद हुआ।

Saudi wants OPEC to solve own problems before meeting non-OPEC

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Top OPEC oil exporter Saudi Arabia has told the producer group it will not attend talks on Monday with non-OPEC producers to discuss limiting supply, OPEC sources said, as it wants to focus on having consensus within the organization first. The Nov. 28 meeting in Vienna was planned to discuss the contribution that producers outside OPEC will make to a proposed supply-limiting agreement. OPEC oil ministers meet on Wednesday in an effort to finalise their deal. "There is an official letter from (Saudi Arabia) saying (it is) not attending the meeting because the ministers should agree to the cut and then present the agreement to non-OPEC countries," an OPEC source said. "This will be more effective‎." The Organization of the Petroleum Exporting Countries is trying to cement a preliminary September agreement in Algeria that would reduce its production to between 32.5 million and 33 million barrels per day, its first supply curb since 2008. Get...

Jaguar Land Rover wants to build electric cars in Britain

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Learn More : http://ripplesadvisory.com/free-trial.php Britain's biggest carmarker Jaguar Land Rover said it wants to build electric cars in Britain in what would be a further boost to the UK automotive sector after the Brexit vote. The Indian-owned carmaker built just under a third of Britain's 1.6 million cars last year and showcased its first electric car earlier this month, which will be built in Austria.  But Chief Executive Ralf Speth suggested that the Indian-owned automaker, which operates three car plants in central and northern England, could bring further production to Britain. "We want to build our EVs (electric vehicles) in the West Midlands, in the home of our design and engineering.

Oil falls 2 % on OPEC cut uncertainty ahead of meeting

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Oil prices fell more than 2 % on Friday, dragged down by uncertainty over whether the Organization of the Petroleum Exporting Countries will reach an output deal, after Saudi Arabia said it will not attend talks on Monday with non-OPEC producers to discuss supply cuts. Brent crude futures were trading at $47.79 a barrel at 10:51 a.m. Eastern (1551 GMT), down $1.21. U.S. crude futures was at $46.84 a barrel, down $1.12. Overall activity on both contracts was thin after the U.S. Thanksgiving holiday and ahead of the weekend.Top OPEC oil exporter Saudi Arabia has told the producer group it will not attend talks on Monday with non-OPEC producers to discuss limiting supply, OPEC sources said, as it wants to focus on having consensus within the organisation first. "I think Saudi's announcement it would not to go to the meeting drove the initial sell-off," said Tariq Zahir, managing member at Tyche Capital in New York. "There has to be a substantial cut and it ...

People will never need black money if society comes together

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For More : http://ripplesadvisory.com/free-trial.php In an apparent attack on political rivals and those opposing the Centre's demonetisation drive, BJP President Amit Shah said people are happy with the scrapping of high-value notes and maintained no one would ever need black money if society comes together. Speaking at a mass marriage ceremony of Ahir community organised at Ghodadara area here, the BJP chief said a "huge controversy" has been created out of the cash crunch post demonetization of Rs 500 and Rs 1,000 notes. "I am particularly happy to be here because Ahir community organised this mass-wedding programme at a time when it has been claimed people are not getting money due to the demonetization move. A huge controversy has been created out of it.

Oil Prices Slump As Market Unsure Of Output Cut Deal

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The international crude oil prices slumped on Friday as market adopted an wait-and-see attitude toward a possible output cut deal among oil producers. Saudi Arabia, member and top oil exporter in the Organisation of the Petroleum Exporting Countries (OPEC) said on Friday that the country will not take part in talks between OPEC and non-OPEC producers to discuss output cut details, Xinhua news agency cited media reports. Get us on http://ripplesadvisory.com/free-trial.php click here, more and for Two days Free Trial drop your missed call on -9303093093. Analysts said the news was the major factor dragging oil prices down, as the investors were uncertain whether OPEC would be able to reach an output cut deal by the end of this month. OPEC reached a preliminary agreement in September to cut crude oil output in order to stabilise global oil prices. The group is set to discuss details of the agreement in Vienna, Austria next Wednesday. If passed, the agreement will be firs...

Indian airlines should get 'fair share' wherever they fly

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Learn More : http://ripplesadvisory.com/free-trial.php Indian airlines should get their "fair share" wherever they fly amid local carriers facing slot issues at Dubai airport. The remarks of the minister, who emphasised that working difficulties need to be sorted out, come a day after Dubai Airports said Indian airlines operate more number of flights than their Dubai-based counterparts between the two countries despite "competitive slot situation". Local carriers, including SpiceJet and IndiGo , have been raising concerns over not getting adequate and right slots at the Dubai airport, one of the world's busiest aerodromes. Responding to a query about the slot issue being faced by the Indian operators at the Dubai airport.Things are done between countries at the level of equality.

Airtel upgrades 4G services in Tamil Nadu

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For More : http://ripplesadvisory.com/free-trial.php Telecom service provider Bharti Airtel has upgraded its 4G services in Tamil Nadu by offering mobile broadband speeds up to 135 Mbps. Under the new initiative, customers in Chennai, Madurai, Hosur, Vellore, Tiruchirapalli, Coimbatore and in Puducherry can experience 4G services, the company said in a statement. The deployment of 4G services was under its network transformation programme 'Project Leap'. Bharti Airtel has taken up project Leap programme under which it plans to invest Rs 60,000 crore over the next three years to meet growing demand of voice and high speed data services in the country. The deployment of 4G advanced in Tamil Nadu, would result in superior 4G experience for its customers with faster data speeds and better network coverage. Those customers having 4G support devices would be able to get mobile data speeds of upto 135 Mbps.