Trade deficit checks: Curbs on duty-free cigarettes, liquor proposed
While the government doesn’t maintain data on imports coming through the duty-free channel, liquor, cigarettes, chocolates and perfumes are the biggest purchases at Indian airport stores. “While there is no trafficking of these products at present, controls on duty free goods will lead to smuggling,” said an expert on condition of anonymity.
Trump, Merkel and Imran to visit WEF at Davos
The World Economic Forum Annual Meeting 2020, taking place on January 20-24, will focus on establishing stakeholder capitalism as a way of addressing the world's greatest challenges, from societal divisions created by income inequality and political polarization to the climate crisis we face today, the Geneva-based International organisation for public-private partnership has said.
FPIs remain net buyers in Jan on US-China trade deal
According to the NSDL data, a net amount of Rs 10,200 crore was invested into equities.
Trade setup: High chances of market taking a breather; stay stock-specific
Nifty has continued to stay within the broadening formation.
NSE turns world’s largest exchange in derivatives trading
NSE notched up 6 billion contracts traded volume in 2019, up 58% from a year ago, surpassing CME Group to become the world’s largest exchange. CME's 2019 volume in 2019 was 4.83 billion contracts, roughly the same as the prior year.
Top intraday trading ideas for afternoon trade on Friday, January 17, 2020
Kotak Bank is a 'Buy' call with a target price of Rs 1770 and a stop loss of Rs 1685.
Base Metals: Nickel trades up, copper trades lower in futures trade
Nickel prices on Thursday rose by Rs 4.10 to Rs 1,053 per kg in futures trade.
China posts weakest growth in 29 years as trade war bites
China's economic growth cooled to its weakest in nearly 30 years in 2019 amid a bruising trade war with the US, and more stimulus is expected this year as Beijing tries to boost sluggish investment and demand.
Air India unions to demand voluntary retirement scheme in Monday meeting
"Our members have been approaching us and want us to discuss a voluntary retirement scheme package with the government as it is expected that our job will be protected only for one year post privatisation. We are going to raise this issue at the meeting with the minister on Monday," an airline source told PTI.
Top intraday trading ideas for afternoon trade on Thursday, January 16, 2020
Ramco Cements is a 'Buy' call with a target price of Rs 900 and a stop loss of Rs 795.
Here are the trading rules based on PVI and NVI
The probability of a bear market when PVI is placed below its long-term moving average is 67%.
India had concerns over China's trade practices: Piyush Goyal on RCEP
"India did not join Regional Comprehensive Economic Partnership because the partnership was not amongst equals", Union Commerce and Industry...
DGTR initiated 34 anti-dumping probe during Apr-Dec 2019: Commerce Ministry
The Directorate General of Trade Remedies is an investigation arm of the ministry which deals with anti-dumping duty, safeguard duty, and countervailing duty. These duties are trade remedy measures, provided under an agreement of the World Trade Organisation to its member countries. They are used to provide a level playing field to domestic industry.
For backing Pakistan, trade with Turkey under scanner
After Malaysia, Turkey is on the govt’s radar for possible trade curbs for interfering in India’s internal issues. While concrete measures have been decided in case of Malaysia, with a clampdown on palm oil imports, there is no decision on Turkey, which has sided with Pakistan on several issues, including voicing concerns over its proposed blacklisting by FATF.
Oil ends week steady as China growth offsets trade deal optimism
Brent crude futures were up 44 cents at $65.06 by 1014 GMT.
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