India’s Exports to Japan Halve to $3.85 Billion in Four Years

Market Investor — India’s exports to Japan halve to $3.85 billion in four years — Amid growing bonhomie between Japan and India —Asia’s second and third largest economy, respectively—lies the dark reality that in just four years, Indian exports to Japan have almost halved to $3.85 billion in 2016-17, from $6.81 billion in 2013-14.

Read more

Bitcoin Gets Close to $5,000

bitcoin future value predictions

Market Investor — Bitcoin began September by approaching $5,000, following up on a record-breaking run in August spurred by optimism that faster transaction times will hasten the spread of the cryptocurrency.


The largest digital tender has surged on the acceptance of a plan to quicken trade execution by moving some data off the main network. The solution – termed SegWit2x – had been so contentious that a new version of the asset called Bitcoin Cash was spun off in opposition. —

Bitcoin Gets Close to $5,000 via @marketinvestor

PAN Card Must for All Transactions in Gold

कालेधन पर लगाम लगाने और सोने की कालाबाजारी रोकने के लिए मोदी सरकार एक और बड़ा फैसला कर सकती है। अब सोने की हर तरह की खरीद पर पैन कार्ड दिखाना होगा। वित्तीय समिति ने सरकार को ये सिफारिशें दी है। रिपोर्ट के मुताबिक समिति ने यह सिफारिश सोने की कालाबाजारी रोकने के लिए की है। फिलहाल 2 लाख से ज्यादा के सोने की खरीद पर पैन जरूरी होता है।

फाइनेंशियल रेगुलेटर्स ने सोना और सोने के हर तरह के प्रोडक्ट्स की खरीदारी पर पैन कार्ड जरूरी बनाने का प्रस्ताव दिया है। दो करोड़ से ज्यादा टर्नओवर वाले बुलियन कारोबारी भी अब मनी लॉन्ड्रिंग एक्ट के दायरे में आएंगे। फाइनेंशियल पैनल की सिफारिशों के मुताबिक सोने की हर खरीद के लिए पैन जरूरी होना चाहिए, सोना खरीदने के लिए हर दिन नकद सीमा को मंजूरी मिले, हर ट्रांजैक्शन को इलेक्ट्रॉनिक रजिस्ट्री के जरिए रजिस्टर करवाया जाए और टैक्स चोरी करने वालों के खिलाफ कड़े नियम बनाए जाएं।

Mutual Furnd News 17-08-2017

म्युचुअल फंड का निवेश रिकॉर्ड ऊंचाई पर —— म्युचुअल फंड का बाजार में निवेश रिकॉर्ड ऊंचाई पर है, लेकिन इसके बावजूद फंड के पास खासा कैश है। जुलाई कैश पोजीशन 5 महीने के ऊपरी स्तर पर थी। म्युचुअल फंड का बीएसई 500 कंपनियों में निवेश रिकॉर्ड स्तर पर पहुंच गया है। पिछले 13 महीने में म्युचुअल फंड ने शेयर बाजार में 93120 करोड़ रुपये का निवेश किया है। वहीं, म्युचुअल फंड के पास जुलाई के आखिर में 35,055 करोड़ रुपये का कैश मौजूद था।   

Read more


चांदी एमसीएक्स खरीदें

SILVER MCX INVESTMENTS TIPS AND TARGET — From investment point of view, mcx silver looks bearish and given major breakdown in 2017 below 40500 support and hit bottom of 38000 and made fresh low at 35500 which will act as long term support now.

Now after forming bottom at 35500, silver prices heading for 40500 for trend
breakout for long term targets of 47500 and 56000. In last 7 months, silver given 3 negative closing while 4 are with gains and if we compare this with gold then silver prices are underperforming as well as undervalued from long term view. So expect much more
upside here as compared to gold in longer terms.

SILVER MCX INVESTMENTS TIPS AND TARGET — MOBILE NO. 8800279633 via @marketinvestor

Gold Investments Tips and Target — Mobile No. 8800279633

Gold Investments Tips and Target  — From long term view, mcx gold future opened bullish for 2017 but facing continues resistance around 29500 level. We saw 3 times sell off around this level.

Now prices are heading for breakout above 29500 for big upside targets. On downside 28200 is long term support zone and above it outlook is bullish and my upside investment targets are 31400 and then 35600. Mcx gold weekly chart price trend and momentum both are now bullish.

Weekly chart RSI is at 55 with bullish divergence and buy signal. MACD is at -83 with bullish crossover means if long term sustains then we might see 10-20% gains in gold prices in longer terms.

In 2017, gold future had given five positive closings while 2 were negative closing reflecting overall bullish outlook of this precious metal. And this month long bullish candle is definitely is long term breakout signal.

JSW Energy to invest up to Rs4,000 crore in electric vehicles

JSW Energy will invest up to Rs4000 crore to produce electric vehicles (EV), the company’s joint managing director and chief executive officer (CEO) Prashant Jain said on Friday. He also said that the company is in talks with several state governments for setting up its plants and is also holding discussions with several technology providers.

The first electric vehicles from the group will hit the roads by 2020, Jain added.

Billionaire Sajjan Jindal had earlier said that the group will set up the EV business on its own and initially buy batteries from suppliers in a January interview with BloombergQuint at the World Economic Forum (WEF) in Davos.

“We expect a significant surge in car demand in the country, which will increasingly navigate towards EVs,” said Jain. “We are a growth-oriented company, but currently there’s very little scope for growth in the power sector. EVs are in the adjacent space.”

On Friday, the company reported a 40% decline in consolidated net profit to Rs217 crore for the quarter ended June 2017, largely due to a 8.9% drop in revenue and a jump in fuel costs.

India’s electric mobility mission envisages to put 6 million electric vehicles on roads by 2020 and aims to make the country an all-electric vehicle market by 2030. So far, electric vehicle sales haven’t found many takers in the absence of incentives, infrastructure and (till now) a policy framework.

Jain highlighted several incentives the government is currently providing to EVs—from almost a 30 percentage point lower goods and services tax (GST) to a Rs1.37 lakh subsidy to their owners.

Currently, Mahindra & Mahindra Ltd is the only automaker that sells a fully electric car, while companies including Maruti Suzuki India Ltd and Toyota Motor Corp. offer hybrid versions.

However, ever since the Narendra Modi-led government expressed its intent for a mass-scale shift to electric vehicles by 2030 so that every vehicle—both personal and commercial—on Indian roads by then are those that are powered by electricity, a lot of non-automobile companies such as NTPC Ltd and Bharat Heavy Electricals Ltd (BHEL) have come forward with their plans in the space.

India’s current installed capacity of 314,642 MW and projects under construction are expected to meet the country’s electricity demand till 2026. This could be the trigger for JSW to scout for new growth areas.

Analysts say JSW investors might not appreciate its entry into the electric vehicles segment.

“Investors are likely to approach the stock very cautiously, particularly given the environment for electric vehicles in India. One needs to ascertain how successful the management can be in a completely new business and also the kind of incentives, if any, the company is likely to get from the government,” said Gaurang Shah, vice-president at Geojit BNP Paribas.