6. Ambassador of India to Qatar Deepak Mittal met Sher Mohammad Abbas Stanekzai, the Head of Taliban’s Political Office in Doha. The meeting took place at the Embassy of India in Doha on the request of the Taliban side on 31 Aug.
7. Ministry of External Affairs said, the discussions focused on safety, security and early return of Indian nationals stranded in Afghanistan. It said, the travel of Afghan nationals, especially minorities, who wish to visit India also came up. Ambassador Deepak Mittal raised India’s concern that Afghanistan’s soil should not be used for anti-Indian activities and terrorism in any manner. The Taliban Representative assured the Ambassador that these issues would be positively addressed.
8. The Indian and Algerian navies conducted their first ever naval exercise off the coast of Algeria on August 29, 2021. Stealth ship INS Tabar represented India while Algeria was represented by its naval ship ANS Ezager. The exercise reflects increased maritime cooperation among two countries.
9. The United Nations Security Council, under the Presidency of India, adopted a resolution on the situation in Afghanistan on August 30, 2021. The resolution demanded that the war-torn country, Afghanistan, not be used to threaten or attack any nation or shelter terrorists.
10. *KAZIND-21:* Wider scope in the 5th edition includes counter terrorism and insurgency ops Started on August 30, 2021, the 5th edition of military exercise between India and Kazakhstan takes off at a Kazakh training node in Aisha Bibi. The focus of the 13 days (August 3—September 11) drill “KAZIND-21” is on counter-terror operations in mountainous terrain.
××××××××××××××××××××××××××
🌎 *WORLD NEWS* 🌍
=========================
1. The United States announced the end of its 20-year-old war in Afghanistan before the deadline of August 31, 2021. This announcement was made after the last American military flight flew out of the Hamid Karzai International Airport in Kabul before the August 31 deadline.
2. The 9/11 terrorist strike had forced the US to enter Afghanistan and overthrow the Taliban rule who had provided safe havens to the Al Qaeda leadership.
The Taliban rule was overthrown and replaced by US-backed Afghans. They then ruled the country for 20 years.
3. US-backed Afghan rule was overthrown by the Taliban again on August 15 when the president Ashraf Ghani fled the country and 3,00,000 Afghan armed forces troops, who were trained by United States, gave up without any fight.
4. The Islamic Emirate leadership council has held a three-day meeting in Kandahar province headed by the Taliban's leader Mullah Haibatullah Akhundzada, began on Saturday and ended on Monday, during which the leadership council discussed Afghanistan’s political, security and social issues. During the meeting, the council has also discussed issues around the formation of the new government and its cabinet and has taken some decisions on providing services to the people.
****************************
🚣🚴🏇🏁🏊 *SPORTS:* ÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷
*TOKYO PARALYMPICS MEDALS TALLY*
×××××××××××××××××××××××××××××
*G. S. B. Ttl*
1 China. 62 38 32 132
2 Britain 29 23 28 80
3 RPC. 25 16 33 74
4. US. 24 24 15 63
30 India. 02 05 03 10
*****************************
*Shooting Women’s R2* – 10 m air rifle :
Avani Lekhara *Gold*
*Men’s Javelin Throw* F64 –
Sumit Antil *Gold*
*Table Tennis* : Bhavina Patel *Silver*
*Men’s High Jump T47*
Nishad Kumar *Silver*
*Men’s Discus Throw F56*
Yogesh Kathuniya *Silver*
*Javelin throw*
Devendra Jhajharia *Silver*
*Men’s High Jump event*
Mariyappan Thangavelu *Silver*
*Discus thrower*
Vinod Kumar *Bronze*
*Men’s High Jump event* .
Sharad Kumar *Bronze*
*Shooting.*
Singhraj Adana *Bronze*
×=×=×÷×=×=×=×=×÷×÷×=×=×=×=×
7. Ministry of External Affairs said, the discussions focused on safety, security and early return of Indian nationals stranded in Afghanistan. It said, the travel of Afghan nationals, especially minorities, who wish to visit India also came up. Ambassador Deepak Mittal raised India’s concern that Afghanistan’s soil should not be used for anti-Indian activities and terrorism in any manner. The Taliban Representative assured the Ambassador that these issues would be positively addressed.
8. The Indian and Algerian navies conducted their first ever naval exercise off the coast of Algeria on August 29, 2021. Stealth ship INS Tabar represented India while Algeria was represented by its naval ship ANS Ezager. The exercise reflects increased maritime cooperation among two countries.
9. The United Nations Security Council, under the Presidency of India, adopted a resolution on the situation in Afghanistan on August 30, 2021. The resolution demanded that the war-torn country, Afghanistan, not be used to threaten or attack any nation or shelter terrorists.
10. *KAZIND-21:* Wider scope in the 5th edition includes counter terrorism and insurgency ops Started on August 30, 2021, the 5th edition of military exercise between India and Kazakhstan takes off at a Kazakh training node in Aisha Bibi. The focus of the 13 days (August 3—September 11) drill “KAZIND-21” is on counter-terror operations in mountainous terrain.
××××××××××××××××××××××××××
🌎 *WORLD NEWS* 🌍
=========================
1. The United States announced the end of its 20-year-old war in Afghanistan before the deadline of August 31, 2021. This announcement was made after the last American military flight flew out of the Hamid Karzai International Airport in Kabul before the August 31 deadline.
2. The 9/11 terrorist strike had forced the US to enter Afghanistan and overthrow the Taliban rule who had provided safe havens to the Al Qaeda leadership.
The Taliban rule was overthrown and replaced by US-backed Afghans. They then ruled the country for 20 years.
3. US-backed Afghan rule was overthrown by the Taliban again on August 15 when the president Ashraf Ghani fled the country and 3,00,000 Afghan armed forces troops, who were trained by United States, gave up without any fight.
4. The Islamic Emirate leadership council has held a three-day meeting in Kandahar province headed by the Taliban's leader Mullah Haibatullah Akhundzada, began on Saturday and ended on Monday, during which the leadership council discussed Afghanistan’s political, security and social issues. During the meeting, the council has also discussed issues around the formation of the new government and its cabinet and has taken some decisions on providing services to the people.
****************************
🚣🚴🏇🏁🏊 *SPORTS:* ÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷
*TOKYO PARALYMPICS MEDALS TALLY*
×××××××××××××××××××××××××××××
*G. S. B. Ttl*
1 China. 62 38 32 132
2 Britain 29 23 28 80
3 RPC. 25 16 33 74
4. US. 24 24 15 63
30 India. 02 05 03 10
*****************************
*Shooting Women’s R2* – 10 m air rifle :
Avani Lekhara *Gold*
*Men’s Javelin Throw* F64 –
Sumit Antil *Gold*
*Table Tennis* : Bhavina Patel *Silver*
*Men’s High Jump T47*
Nishad Kumar *Silver*
*Men’s Discus Throw F56*
Yogesh Kathuniya *Silver*
*Javelin throw*
Devendra Jhajharia *Silver*
*Men’s High Jump event*
Mariyappan Thangavelu *Silver*
*Discus thrower*
Vinod Kumar *Bronze*
*Men’s High Jump event* .
Sharad Kumar *Bronze*
*Shooting.*
Singhraj Adana *Bronze*
×=×=×÷×=×=×=×=×÷×÷×=×=×=×=×
2. PM Modi on 31 Aug (Tuesday) took to his official Twitter handle to congratulate Mariyappan Thangavelu and Sharad Kumar for clinching medals for India in Tokyo Paralympics. PM Modi has also congratulated shooter Singhraj Adhana for clinching the bronze medal. Now India medal tally increase 10.
3. Rajasthan government has nominated shooter Avani Lekhara, who won a gold medal at the Tokyo Paralympics 2020, as the brand ambassador of the ''Beti Bachao, Beti Padhao'' campaign in the state.
4. 2020 Olympics gold medallist Neeraj Chopra praised the Indian athletes for their wonderful performance so far in the ongoing Tokyo Paralympic. Olympic hero Neeraj Chopra urges India to support Paralympian contingent in Tokyo. He said, "Paralympians are doing a great job. They're playing well and creating world records. They need a lot of support and motivation from the countrymen".
5. Indian boxers dominated the Asian Youth Championships, notching up six gold medals along with nine silver and five bronze in the event where the women’s competition was significantly depleted due to pullouts caused by COVID-19 related travel restrictions.
Preeti Dahiya (60kg), Sneha Kumari (66kg), Khushi (75kg) and Neha (54kg) youth women boxers emerged champions on the final day of the 2021 ASBC Asian Youth & Junior Boxing Championships. India concluded its successful campaign with 39 medals, including 14 gold, in Dubai.
India had already won 19 medals, including eight gold, five silver and six bronze medals, in the junior event played earlier. The youth boxers added 20 more (six gold, nine silver and five bronze) to India’s tally at the prestigious continental event, where both the age groups—junior and youth—were played together for the first time. .
*==========================*
*USD 73.01 💷GBP 100.42*
Arunchal Pradesh (Itanagar)
*CM* : Pema Khandu
*Gvnr* : Brig BD Mishra (Retd.)
*🥇Gold ₹48,350@10 gm 24 (Krt)*
🥈 *Silver ₹68,500@ Kg*
⛽ *Petrol ₹ 94.19*
⛽ *Diesel ₹ 85.94*
LPG : ₹ 926/14.2 Kg
BSE Sensex 57,552.39
NIFTY : 17,132.20
==========================
Ⓝⓐⓥⓔⓔⓝ Ⓚⓤⓜⓐⓡ
🇮🇳 *FACTS ABOUT INDIA* 🇮🇳
==========================
*Arunachal Pradesh* means "land of the dawn-lit mountains". Literally it means "land of the rising sun" in reference to its position as the easternmost state of India. It is also known as the "Orchid State of India" and the "Paradise of the Botanists".
Arunachal Pradesh is an Indian state in Northeast India. It was formed from the erstwhile North-East Frontier Agency (NEFA) region, and became a state on 20 February 1987.
It borders the states of Assam and Nagaland to the south. It shares international borders with Bhutan in the west, Myanmar in the east, and a disputed border with China in the north at the McMahon Line
==========================
*😀Thought of the day*
==========================
Never leave a true relation for few faults. Nobody is perfect. Nobody is correct at the end. Affection is always greater than perfection ==========================
*JOKE OF THE DAY*
==========================
तुम मुझे खून दो...
तुम मुझे खून दो...
,
.
.
मैं तुम्हे ३ बजे तक
रिपोर्ट दूंगा...!!
'XYZ पैथोलॉजी'
😍😀😂😊😜
==========================
*😳WHY❓❓❓*
==========================
*Why a special design is made between the blades which we use in our daily life*
The Gillette company first started making blades and since then this design has come on the blades.
In 1901, the design given by the Gillette Company to the blade is still intact. Until some time ago such razors used to come in such a way that they had to fit between the blades. This is why the blade was given such a design.
==========================
*LEARN Sanskrit*🙏🏻
==========================
*तत्र धेनूनां समूहः तिष्ठति।*
3. Rajasthan government has nominated shooter Avani Lekhara, who won a gold medal at the Tokyo Paralympics 2020, as the brand ambassador of the ''Beti Bachao, Beti Padhao'' campaign in the state.
4. 2020 Olympics gold medallist Neeraj Chopra praised the Indian athletes for their wonderful performance so far in the ongoing Tokyo Paralympic. Olympic hero Neeraj Chopra urges India to support Paralympian contingent in Tokyo. He said, "Paralympians are doing a great job. They're playing well and creating world records. They need a lot of support and motivation from the countrymen".
5. Indian boxers dominated the Asian Youth Championships, notching up six gold medals along with nine silver and five bronze in the event where the women’s competition was significantly depleted due to pullouts caused by COVID-19 related travel restrictions.
Preeti Dahiya (60kg), Sneha Kumari (66kg), Khushi (75kg) and Neha (54kg) youth women boxers emerged champions on the final day of the 2021 ASBC Asian Youth & Junior Boxing Championships. India concluded its successful campaign with 39 medals, including 14 gold, in Dubai.
India had already won 19 medals, including eight gold, five silver and six bronze medals, in the junior event played earlier. The youth boxers added 20 more (six gold, nine silver and five bronze) to India’s tally at the prestigious continental event, where both the age groups—junior and youth—were played together for the first time. .
*==========================*
*USD 73.01 💷GBP 100.42*
Arunchal Pradesh (Itanagar)
*CM* : Pema Khandu
*Gvnr* : Brig BD Mishra (Retd.)
*🥇Gold ₹48,350@10 gm 24 (Krt)*
🥈 *Silver ₹68,500@ Kg*
⛽ *Petrol ₹ 94.19*
⛽ *Diesel ₹ 85.94*
LPG : ₹ 926/14.2 Kg
BSE Sensex 57,552.39
NIFTY : 17,132.20
==========================
Ⓝⓐⓥⓔⓔⓝ Ⓚⓤⓜⓐⓡ
🇮🇳 *FACTS ABOUT INDIA* 🇮🇳
==========================
*Arunachal Pradesh* means "land of the dawn-lit mountains". Literally it means "land of the rising sun" in reference to its position as the easternmost state of India. It is also known as the "Orchid State of India" and the "Paradise of the Botanists".
Arunachal Pradesh is an Indian state in Northeast India. It was formed from the erstwhile North-East Frontier Agency (NEFA) region, and became a state on 20 February 1987.
It borders the states of Assam and Nagaland to the south. It shares international borders with Bhutan in the west, Myanmar in the east, and a disputed border with China in the north at the McMahon Line
==========================
*😀Thought of the day*
==========================
Never leave a true relation for few faults. Nobody is perfect. Nobody is correct at the end. Affection is always greater than perfection ==========================
*JOKE OF THE DAY*
==========================
तुम मुझे खून दो...
तुम मुझे खून दो...
,
.
.
मैं तुम्हे ३ बजे तक
रिपोर्ट दूंगा...!!
'XYZ पैथोलॉजी'
😍😀😂😊😜
==========================
*😳WHY❓❓❓*
==========================
*Why a special design is made between the blades which we use in our daily life*
The Gillette company first started making blades and since then this design has come on the blades.
In 1901, the design given by the Gillette Company to the blade is still intact. Until some time ago such razors used to come in such a way that they had to fit between the blades. This is why the blade was given such a design.
==========================
*LEARN Sanskrit*🙏🏻
==========================
*तत्र धेनूनां समूहः तिष्ठति।*
A group of cows sits there.
==========================
🤔 *HOW IT WORKS* ⁉️ =========================
*How Do Ballpoint Pens Work?*
Rather than a nib, a ballpoint pen has a small ball bearing for the ink. This ball bearing is typically made from brass, steel, or tungsten carbine. As the ball moves across paper, it turns and draws ink from the cartridge, creating a consistent ink line with a quick dry time.
==========================
💁🏻♂ *GK TODAY*
==========================
*The Reserve Bank of India (RBI)* is India's central bank and regulatory body under the jurisdiction of Ministry of Finance, Government of India.
It is responsible for the issue and supply of the Indian rupee and the regulation of the Indian banking system.
*Headquarters* : Mumbai
*Established:* 1 April 1935
*Governor* : Shaktikanta Das, IAS
==========================
*BORN TODAY* 🐣💐
==========================
*Abhaya Caranaravinda Bhaktivedanta Swami* (Born on 1 Sep 1896 – 14 Nov 1977) was an Indian spiritual teacher and the founder-preceptor of the *International Society for Krishna Consciousness (ISKCON),* commonly known as the "Hare Krishna Movement".
He was Born in Calcutta, was educated at the Scottish Church College in Calcutta.
==========================
🙏🏻 *IDIOMS & PHRASES*
==========================
*The ball is in your court*
*It means:* It’s up to you
*How do you use it?* It’s your move now, but this idiom refers to life rather than a sport. If you’ve got the ‘ball,’ the decision is yours and someone is waiting for your decision
==========================
🛕 *VEDIK GYAN*
(Data is collected from the Internet, in case if actual facts are differentiate plz kindly inform.....🙏🏻) ==========================
*Why India is called Jambudvipa*
Jambudvipa in Sanskrit means the place where Jambu trees grow.
The word ‘Jambudvipa’ is used to refer India by Indians during ancient times
According to Puranic cosmography
the entire Cosmos is divided into seven concentric island continents (sapta-dvipa vasumati) separated by the seven encircling oceans, each double the size of the preceding one (going out from within). The seven continents of the Puranas are stated as Jambudvipa, Plaksadvipa, Salmalidvipa, Kusadvipa, Krouncadvipa, Sakadvipa, and Pushkaradvipa.
Its name is said to derive from a Jambu tree (another name for the Indian Blackberry). The fruits of the Jambu tree are said, in the Viṣṇupurāṇa (ch.2) to be as large as elephants and when they become rotten and fall upon the crest of the mountains, a river of juice is formed from their expressed juice. The river so formed is called Jambunadi (Jambu river) and flows through Jambudvipa, whose inhabitants drink its waters. Insular continent Jambudvipa is said to comprise nine varshas (zones) and eight significant parvatas (mountains).
==========================
🧬 *HEALTH CARE: HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻) ==========================
*Kalah (Black) Jamun* , also known as Java plum and black plum.
Improves hemoglobin count.
Loaded with vitamin C and iron
Treats diabetes.
Strengthens your gums and teeth.
Improves health of skin and eyes.
==========================
*Regards*
*CH Nαʋҽҽɳ Kυɱαɾ..*.✒️
÷÷÷÷÷÷ *Samapath*÷÷÷÷÷÷÷
https://t.me/joinchat/UcN4VTpKsS42MzVl
*Telegram Link.*
╭──────────────────╮
*🙏PLZ FOLLOW GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©️YOUR FAMILY SAFE🌼*
╰──────────────────╯
==========================
🤔 *HOW IT WORKS* ⁉️ =========================
*How Do Ballpoint Pens Work?*
Rather than a nib, a ballpoint pen has a small ball bearing for the ink. This ball bearing is typically made from brass, steel, or tungsten carbine. As the ball moves across paper, it turns and draws ink from the cartridge, creating a consistent ink line with a quick dry time.
==========================
💁🏻♂ *GK TODAY*
==========================
*The Reserve Bank of India (RBI)* is India's central bank and regulatory body under the jurisdiction of Ministry of Finance, Government of India.
It is responsible for the issue and supply of the Indian rupee and the regulation of the Indian banking system.
*Headquarters* : Mumbai
*Established:* 1 April 1935
*Governor* : Shaktikanta Das, IAS
==========================
*BORN TODAY* 🐣💐
==========================
*Abhaya Caranaravinda Bhaktivedanta Swami* (Born on 1 Sep 1896 – 14 Nov 1977) was an Indian spiritual teacher and the founder-preceptor of the *International Society for Krishna Consciousness (ISKCON),* commonly known as the "Hare Krishna Movement".
He was Born in Calcutta, was educated at the Scottish Church College in Calcutta.
==========================
🙏🏻 *IDIOMS & PHRASES*
==========================
*The ball is in your court*
*It means:* It’s up to you
*How do you use it?* It’s your move now, but this idiom refers to life rather than a sport. If you’ve got the ‘ball,’ the decision is yours and someone is waiting for your decision
==========================
🛕 *VEDIK GYAN*
(Data is collected from the Internet, in case if actual facts are differentiate plz kindly inform.....🙏🏻) ==========================
*Why India is called Jambudvipa*
Jambudvipa in Sanskrit means the place where Jambu trees grow.
The word ‘Jambudvipa’ is used to refer India by Indians during ancient times
According to Puranic cosmography
the entire Cosmos is divided into seven concentric island continents (sapta-dvipa vasumati) separated by the seven encircling oceans, each double the size of the preceding one (going out from within). The seven continents of the Puranas are stated as Jambudvipa, Plaksadvipa, Salmalidvipa, Kusadvipa, Krouncadvipa, Sakadvipa, and Pushkaradvipa.
Its name is said to derive from a Jambu tree (another name for the Indian Blackberry). The fruits of the Jambu tree are said, in the Viṣṇupurāṇa (ch.2) to be as large as elephants and when they become rotten and fall upon the crest of the mountains, a river of juice is formed from their expressed juice. The river so formed is called Jambunadi (Jambu river) and flows through Jambudvipa, whose inhabitants drink its waters. Insular continent Jambudvipa is said to comprise nine varshas (zones) and eight significant parvatas (mountains).
==========================
🧬 *HEALTH CARE: HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻) ==========================
*Kalah (Black) Jamun* , also known as Java plum and black plum.
Improves hemoglobin count.
Loaded with vitamin C and iron
Treats diabetes.
Strengthens your gums and teeth.
Improves health of skin and eyes.
==========================
*Regards*
*CH Nαʋҽҽɳ Kυɱαɾ..*.✒️
÷÷÷÷÷÷ *Samapath*÷÷÷÷÷÷÷
https://t.me/joinchat/UcN4VTpKsS42MzVl
*Telegram Link.*
╭──────────────────╮
*🙏PLZ FOLLOW GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©️YOUR FAMILY SAFE🌼*
╰──────────────────╯
*SGX Nifty -5 pts (17125) from last trade 17130 ,*
Nikkei +252 pts ,
Hangseng -7 pts ,
Now @6.52am .
Dow -39.11 pts ,Nsdq -6.55 pts, S&P
-6.11 pts, Bovespa -958 pts , Ftse -28 pts , Dax -52 pts , Cac -7 pts , Crude @ $68.51 brl (+0.01), Brent @ $72.99 brl (-0.00) , Gold @ 1817.60 (-0.50), Silver @ $23.945 (-0.06), Euro @ $1.1809, JPY @ $110.07, INR @ 73.005
*Today's Corporate Action*
*1st Sep Ex Date*
BANARISUG
Dividend - Rs. - 10.0000
GEECEE
Dividend - Rs. - 1.9000
JBCHEPHARM
Final Dividend - Rs. - 8.0000
JOSTS
Final Dividend - Rs. - 3.0000
KPRMILL
Final Dividend - Rs. - 0.7500
LAMBODHARA
Dividend - Rs. - 1.0000
LGBBROSLTD
Dividend - Rs. - 10.0000
MALLCOM
Final Dividend - Rs. - 3.0000
TPLPLAST
Final Dividend - Rs. - 3.5000
*Today's Key Results/Board Meetings*
*1-Sep-21*
ANMOL
A.G.M.;General
BARTRONICS
A.G.M.
BASML
General
DOLPHMED
A.G.M.
DSSL
A.G.M.;General
DUGARHOU
A.G.M.
FIRSTOBJ
General
GANESHBE
A.G.M.;General
HASJUICE
General
HITKITGLO
A.G.M.;General
INNOVATORS
A.G.M.;General
INTENTECH
General
JAINCO
A.G.M.
KCLINFRA
General
MACINTR
A.G.M.
MANRAJH
A.G.M.
MEENST
A.G.M.
ONELIFECAP
General
POLSON
A.G.M.
PRATIKSH
Final Dividend
RAJINFRA
General
ROLLT
Audited Results;Quarterly Results
RUPEBAR
A.G.M.;General
SABOOSOD
A.G.M.
SPECFOOD
A.G.M.
STRGRENWO
A.G.M.
SURYAKR
A.G.M.
WWALUM
A.G.M.
YORKEXP
A.G.M.
ZMANSOON
A.G.M.
ZNILKENG
A.G.M.
*Stock under F&O ban on NSE*
*1-Sep-21*
1CANBK
Nikkei +252 pts ,
Hangseng -7 pts ,
Now @6.52am .
Dow -39.11 pts ,Nsdq -6.55 pts, S&P
-6.11 pts, Bovespa -958 pts , Ftse -28 pts , Dax -52 pts , Cac -7 pts , Crude @ $68.51 brl (+0.01), Brent @ $72.99 brl (-0.00) , Gold @ 1817.60 (-0.50), Silver @ $23.945 (-0.06), Euro @ $1.1809, JPY @ $110.07, INR @ 73.005
*Today's Corporate Action*
*1st Sep Ex Date*
BANARISUG
Dividend - Rs. - 10.0000
GEECEE
Dividend - Rs. - 1.9000
JBCHEPHARM
Final Dividend - Rs. - 8.0000
JOSTS
Final Dividend - Rs. - 3.0000
KPRMILL
Final Dividend - Rs. - 0.7500
LAMBODHARA
Dividend - Rs. - 1.0000
LGBBROSLTD
Dividend - Rs. - 10.0000
MALLCOM
Final Dividend - Rs. - 3.0000
TPLPLAST
Final Dividend - Rs. - 3.5000
*Today's Key Results/Board Meetings*
*1-Sep-21*
ANMOL
A.G.M.;General
BARTRONICS
A.G.M.
BASML
General
DOLPHMED
A.G.M.
DSSL
A.G.M.;General
DUGARHOU
A.G.M.
FIRSTOBJ
General
GANESHBE
A.G.M.;General
HASJUICE
General
HITKITGLO
A.G.M.;General
INNOVATORS
A.G.M.;General
INTENTECH
General
JAINCO
A.G.M.
KCLINFRA
General
MACINTR
A.G.M.
MANRAJH
A.G.M.
MEENST
A.G.M.
ONELIFECAP
General
POLSON
A.G.M.
PRATIKSH
Final Dividend
RAJINFRA
General
ROLLT
Audited Results;Quarterly Results
RUPEBAR
A.G.M.;General
SABOOSOD
A.G.M.
SPECFOOD
A.G.M.
STRGRENWO
A.G.M.
SURYAKR
A.G.M.
WWALUM
A.G.M.
YORKEXP
A.G.M.
ZMANSOON
A.G.M.
ZNILKENG
A.G.M.
*Stock under F&O ban on NSE*
*1-Sep-21*
1CANBK
*Good Morning*
• Strong Demand Keeps India on Path to World’s Fastest Growth
o India April-June Qtr GDP Expands 20.1% Y/y; Est. 21.0%
• Digital Mapping Firm Files for IPO as India Frenzy Continues
• RBI to ‘Fine-Tune’ Operations to Manage Liquidity Gush, Das Says
• Top India Carmaker Says Output to Drop 40% on Chip Crisis
• Indian Envoy in Qatar Met Taliban Leader to Discuss Security
• India July Key Industries’ Output Rises 9.4% Y/y
• India’s April-July Budget Deficit Reaches 21.3% of FY Target
• India Sees Coal Supplies for Power Stabilizing in Coming Days
• India CCI Approves Acquisition of Stake in TVS Supply Chain
• India’s Voluntary Retention Debt Limit for Foreigners Exhausted
• India Consumer Durables Loans Rise to More Than 1-Year High
• India Cumulative Monsoon Rainfall 9% Below Normal as of Aug. 31
• Indian Stocks Hit New Record Highs on Recovery Hopes, Fed Stance
• NIFTY VIX Surges 9%, Most in Eight Weeks While NIFTY Climbs
• Global Funds Buy Net INR38.8B of India Stocks on Tuesday: NSE
o Domestic funds buy net 18.7b rupees of stocks
• Foreign Investors Buy Net INR17.1B of Indian Equities on Aug. 30
• Foreigners Buy Net INR35.1B of Indian Equity Derivatives Tuesday
• U.S. Withdrawal Leaves Afghanistan in Crisis and Uncertainty
• 10:30am: Markit India Manufacturing PMI for August, prior 55.3
• Oil & Natural Gas Corp (ONGC): Begins gas production from deepwater well in KG Basin block
• Bank of Baroda (BOB): Says ED Khichi’s term extended until July 2022
• Maruti Suzuki (MSIL): Sees production at 40% on Chip Shortage in Sept
• Shoppers Stop (SHOP): Approves sale of 100% in Crossword Bookstores business values at INR416m
• Wipro Ltd. (WPRO): Says Co. and HERE partner to provide location-based services and analytics for customers globally
• Strong Demand Keeps India on Path to World’s Fastest Growth
o India April-June Qtr GDP Expands 20.1% Y/y; Est. 21.0%
• Digital Mapping Firm Files for IPO as India Frenzy Continues
• RBI to ‘Fine-Tune’ Operations to Manage Liquidity Gush, Das Says
• Top India Carmaker Says Output to Drop 40% on Chip Crisis
• Indian Envoy in Qatar Met Taliban Leader to Discuss Security
• India July Key Industries’ Output Rises 9.4% Y/y
• India’s April-July Budget Deficit Reaches 21.3% of FY Target
• India Sees Coal Supplies for Power Stabilizing in Coming Days
• India CCI Approves Acquisition of Stake in TVS Supply Chain
• India’s Voluntary Retention Debt Limit for Foreigners Exhausted
• India Consumer Durables Loans Rise to More Than 1-Year High
• India Cumulative Monsoon Rainfall 9% Below Normal as of Aug. 31
• Indian Stocks Hit New Record Highs on Recovery Hopes, Fed Stance
• NIFTY VIX Surges 9%, Most in Eight Weeks While NIFTY Climbs
• Global Funds Buy Net INR38.8B of India Stocks on Tuesday: NSE
o Domestic funds buy net 18.7b rupees of stocks
• Foreign Investors Buy Net INR17.1B of Indian Equities on Aug. 30
• Foreigners Buy Net INR35.1B of Indian Equity Derivatives Tuesday
• U.S. Withdrawal Leaves Afghanistan in Crisis and Uncertainty
• 10:30am: Markit India Manufacturing PMI for August, prior 55.3
• Oil & Natural Gas Corp (ONGC): Begins gas production from deepwater well in KG Basin block
• Bank of Baroda (BOB): Says ED Khichi’s term extended until July 2022
• Maruti Suzuki (MSIL): Sees production at 40% on Chip Shortage in Sept
• Shoppers Stop (SHOP): Approves sale of 100% in Crossword Bookstores business values at INR416m
• Wipro Ltd. (WPRO): Says Co. and HERE partner to provide location-based services and analytics for customers globally
GM jsk stock in news bhel,tatamot,maruthi,likhitainfra,torrentpharma,delta,shopper,axisbk,cromptongreaves,indiacem,oberoireality,SRF,ausmall f bk,lnt. Nifty range 17000-17250.
Some clarifications on margins ...
1) You don't need margin to sell your holding!! That is, 20% upfront margin requirement for selling holding is overcome by the broker crediting only 80% of sold value on the T day and the remaining on T+1 day. This does not mean you cannot sell holding with 0 balance. You can do that and NO penalty will be levied.
2)BTST is not closed. Only stocks which come under BE=Book Entry category does not have BTST. EQ category stocks have BTST with 20% upfront margin. But definitely, in case of short delivery, there is a slight risk of margin penalty. But that is very rare.
3)Shares sold today, 80% funds can be used for anything. Only if you buy those shares back, after closing an intraday trade,with those funds, then margin penalty will be levied.
4) 5x intraday equity leverage (20% upfront margin requirement) remain, while no leverage for FNO.
All these changes (except for changing of intraday margin slightly/final phase) is already in place and nothing more is going to change from tomorrow
1) You don't need margin to sell your holding!! That is, 20% upfront margin requirement for selling holding is overcome by the broker crediting only 80% of sold value on the T day and the remaining on T+1 day. This does not mean you cannot sell holding with 0 balance. You can do that and NO penalty will be levied.
2)BTST is not closed. Only stocks which come under BE=Book Entry category does not have BTST. EQ category stocks have BTST with 20% upfront margin. But definitely, in case of short delivery, there is a slight risk of margin penalty. But that is very rare.
3)Shares sold today, 80% funds can be used for anything. Only if you buy those shares back, after closing an intraday trade,with those funds, then margin penalty will be levied.
4) 5x intraday equity leverage (20% upfront margin requirement) remain, while no leverage for FNO.
All these changes (except for changing of intraday margin slightly/final phase) is already in place and nothing more is going to change from tomorrow
Who’s Meeting Whom
Poonawalla Fincorp: To meet Wellington Management Singapore PTE on September 1.
HSIL: To meet Locus Investment Group on September 1.
IIFL Finance: To meet Duro Capital on September 1.
Associated Alcohols & Breweries: To meet Ventura Securities on September 1.
Allcargo Logistics: To meet Ventura Securities on September 3
Poonawalla Fincorp: To meet Wellington Management Singapore PTE on September 1.
HSIL: To meet Locus Investment Group on September 1.
IIFL Finance: To meet Duro Capital on September 1.
Associated Alcohols & Breweries: To meet Ventura Securities on September 1.
Allcargo Logistics: To meet Ventura Securities on September 3
Insider Trades
Adani Green Energy: Promoter Infinite Trade and Investments bought 30 lakh shares between August 27-30.
Apollo Tyres: Promoter PTL Enterprises bought 30,000 shares on August 25.
Alicon Castalloy: Promoter Shailendrajit Rai bought 2.66 lakh shares on August 26.
Bajaj Finance: Promoter Bajaj Allianz Life Insurance Co. bought 47,000 shares on August 26.
Cholamandalam Financial Holdings Promoter Saraswathi Trust sold 23,000 shares on August 30.
Eveready Industries India: Promoter Vivaya Enterprises bought 30,000 shares on August 27.
Elecon Engineering: Promoter Aishwarya Patel bought 3,000 shares on August 26.
Inox Wind: Promoter Inox Wind Energy sold 12.98 lakh shares between August 26-30
Gujarat Fluorochemicals: Promoter Inox Chemicals LLP sold 57,529 shares between August 27-30.
GHCL: Promoter Ram Krishna Dalmia Foundation sold 3,000 shares on August 26.
LG Balakrishnan & Bros.: Promoter V Rajvirdhan sold 1.71 lakh shares between August 27-30.
SVP Global Ventures: Promoter Moumita Gattani sold 2.90 lakh shares between August 17-26.
Safari Industries (India): Promoter group Safari Commercial sold 1.03 lakh shares on August 30.
Adani Green Energy: Promoter Infinite Trade and Investments bought 30 lakh shares between August 27-30.
Apollo Tyres: Promoter PTL Enterprises bought 30,000 shares on August 25.
Alicon Castalloy: Promoter Shailendrajit Rai bought 2.66 lakh shares on August 26.
Bajaj Finance: Promoter Bajaj Allianz Life Insurance Co. bought 47,000 shares on August 26.
Cholamandalam Financial Holdings Promoter Saraswathi Trust sold 23,000 shares on August 30.
Eveready Industries India: Promoter Vivaya Enterprises bought 30,000 shares on August 27.
Elecon Engineering: Promoter Aishwarya Patel bought 3,000 shares on August 26.
Inox Wind: Promoter Inox Wind Energy sold 12.98 lakh shares between August 26-30
Gujarat Fluorochemicals: Promoter Inox Chemicals LLP sold 57,529 shares between August 27-30.
GHCL: Promoter Ram Krishna Dalmia Foundation sold 3,000 shares on August 26.
LG Balakrishnan & Bros.: Promoter V Rajvirdhan sold 1.71 lakh shares between August 27-30.
SVP Global Ventures: Promoter Moumita Gattani sold 2.90 lakh shares between August 17-26.
Safari Industries (India): Promoter group Safari Commercial sold 1.03 lakh shares on August 30.
Stocks To Watch
Maruti Suzuki India: Expects output to plunge in September as the semiconductor shortage hits production. Total vehicle production volume could be around 40% of normal output, the company said. Vehicle production to be affected at Haryana plant and contract manufacturer, Suzuki Motor Gujarat Pvt.’s Gujarat facility. The company cited “a supply constraint of electronic components due to the semiconductor shortage situation” for the impact on production.
Shoppers Stop: Approved sale of 100% equity shares held by the company in Crossword Bookstores, a wholly owned subsidiary, to M/s.Dinesh Gupta, Aakash Gupta & Family (Owners of Agarwal Business House). The business of Crossword Bookstores is valued at Rs 41.6 crore. ABH will take over all the assets and brand.
BHEL: Secured order worth Rs 10,800 crore from NPCIL for EPC of Turbine Island for 6 units of 700 MWe. Six orders, received from NPCIL on August 30, envisage setting up of 4 units of 700 MWe at Gorakhpur, Haryana and 2 units of 700 MWe at Kaiga, Karnataka.
Likhitha Infrastructure: Received an order worth Rs 145.86 crore from Indradhanush Gas Grid for laying and construction of steel gas pipeline and terminals along with associated facilities for section 5 & 9 of North-East Gas Grid Project.
Wipro: Partnered with HERE Technologies to offer location-based services, to customers from energy & utilities, manufacturing, transport & logistics, telecom and automotive industry verticals. Wipro and HERE will jointly develop solutions in the areas of asset tracking, logistics, supply chain, smart-metering and analytics, field workforce management, and private mapping-as-a-service for indoor and outdoor real-time asset tracking.
AU Small Finance Bank: Clarified on recent exits at the bank. Sumit Dhir, head of internal audit resigned due to changes in personal circumstances following Covid second wave, the bank said. Dhir continues to be on the bank's rolls as head of internal audit. The bank remains in discussions with him for a possible retention. In March, Nitin Gupta, who had been with the bank since 2015, resigned as head of internal audit. And in July Alok Gupta resigned as the chief risk officer.
Mastek: The company partnered with fulfillmenttools to deliver modern omnichannel fulfillment solutions to customers worldwide.
CreditAccess Grameen: Approved allotment of 1,000 secured NCDs of face value of Rs 10 lakh each, aggregating up to Rs 100 crore on private placement basis.
Tourism Finance Corporation of India: To consider fundraising proposal on September 3. The board may consider raising funds by way of issue of equity shares, convertible/non-convertible preference shares, convertible securities of any description or warrants or debt securities.
JB Chemicals & Pharmaceutical Vijay Bhatt has resigned as the Chief Financial Officer of the company effective August 31.
Chemplast Sanmar: Appointed N Muralidharan as the Chief Financial Officer with effect from September 1.
HDFC Life Insurance Company: To consider issue of equity shares and/or other securities of the company by way of preferential allotment on September 3.
Maruti Suzuki India: Expects output to plunge in September as the semiconductor shortage hits production. Total vehicle production volume could be around 40% of normal output, the company said. Vehicle production to be affected at Haryana plant and contract manufacturer, Suzuki Motor Gujarat Pvt.’s Gujarat facility. The company cited “a supply constraint of electronic components due to the semiconductor shortage situation” for the impact on production.
Shoppers Stop: Approved sale of 100% equity shares held by the company in Crossword Bookstores, a wholly owned subsidiary, to M/s.Dinesh Gupta, Aakash Gupta & Family (Owners of Agarwal Business House). The business of Crossword Bookstores is valued at Rs 41.6 crore. ABH will take over all the assets and brand.
BHEL: Secured order worth Rs 10,800 crore from NPCIL for EPC of Turbine Island for 6 units of 700 MWe. Six orders, received from NPCIL on August 30, envisage setting up of 4 units of 700 MWe at Gorakhpur, Haryana and 2 units of 700 MWe at Kaiga, Karnataka.
Likhitha Infrastructure: Received an order worth Rs 145.86 crore from Indradhanush Gas Grid for laying and construction of steel gas pipeline and terminals along with associated facilities for section 5 & 9 of North-East Gas Grid Project.
Wipro: Partnered with HERE Technologies to offer location-based services, to customers from energy & utilities, manufacturing, transport & logistics, telecom and automotive industry verticals. Wipro and HERE will jointly develop solutions in the areas of asset tracking, logistics, supply chain, smart-metering and analytics, field workforce management, and private mapping-as-a-service for indoor and outdoor real-time asset tracking.
AU Small Finance Bank: Clarified on recent exits at the bank. Sumit Dhir, head of internal audit resigned due to changes in personal circumstances following Covid second wave, the bank said. Dhir continues to be on the bank's rolls as head of internal audit. The bank remains in discussions with him for a possible retention. In March, Nitin Gupta, who had been with the bank since 2015, resigned as head of internal audit. And in July Alok Gupta resigned as the chief risk officer.
Mastek: The company partnered with fulfillmenttools to deliver modern omnichannel fulfillment solutions to customers worldwide.
CreditAccess Grameen: Approved allotment of 1,000 secured NCDs of face value of Rs 10 lakh each, aggregating up to Rs 100 crore on private placement basis.
Tourism Finance Corporation of India: To consider fundraising proposal on September 3. The board may consider raising funds by way of issue of equity shares, convertible/non-convertible preference shares, convertible securities of any description or warrants or debt securities.
JB Chemicals & Pharmaceutical Vijay Bhatt has resigned as the Chief Financial Officer of the company effective August 31.
Chemplast Sanmar: Appointed N Muralidharan as the Chief Financial Officer with effect from September 1.
HDFC Life Insurance Company: To consider issue of equity shares and/or other securities of the company by way of preferential allotment on September 3.
World Markets
Dow - 39
Nasdaq - 7
Dax - 52
Nikkei + 246
Hangseng - 84
Sgxnifty - 11 (17119)
Brent Crude 71.84
Dow Fut + 60
Dollar Index 92.74
Dow - 39
Nasdaq - 7
Dax - 52
Nikkei + 246
Hangseng - 84
Sgxnifty - 11 (17119)
Brent Crude 71.84
Dow Fut + 60
Dollar Index 92.74
Bharat Heavy Electricals has secured largest ever order worth Rs 10,800 crore from NPCIL for EPC of Turbine Island for 6 units of 700 MWe. Six orders, received from NPCIL on 30 August 2021, envisage setting up of 4 units of 700 MWe at Gorakhpur, Haryana and 2 units of 700 MWe at Kaiga, Karnataka. Positive
Peak Margin, Intraday leverages, & 2nd order effects - Dec 1, 2020
https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
Z-Connect by Zerodha
Peak margin, Intraday leverages, & 2nd order effects - Dec 1, 2020
Restriction on intraday leverages Peak margin reporting has been brought about to restrict brokers from providing additional leverage over and above what
Moneycontrol Daily: Your Essential 7
https://www.moneycontrol.com/news/business/mc-essentials-e7-essential-7-mariyappan-thangavelu-q1-gdp-tokyo-paralympics-covid-19-in-india-afghanistan-us-withdraws-appletoo-money-heist-netflixmoneycontrol-daily-your-essential-7-147-7413321.html
https://www.moneycontrol.com/news/business/mc-essentials-e7-essential-7-mariyappan-thangavelu-q1-gdp-tokyo-paralympics-covid-19-in-india-afghanistan-us-withdraws-appletoo-money-heist-netflixmoneycontrol-daily-your-essential-7-147-7413321.html
Moneycontrol
Moneycontrol Daily: Your Essential 7
A daily round-up of the most interesting articles to help jump-start the day.
Morning Scan: All the big stories to get you started for the day
https://www.moneycontrol.com/news/trends/current-affairs-trends/morning-scan-all-the-big-stories-to-get-you-started-for-the-day-45-7413691.html
https://www.moneycontrol.com/news/trends/current-affairs-trends/morning-scan-all-the-big-stories-to-get-you-started-for-the-day-45-7413691.html
Moneycontrol
Morning Scan: All The Big Stories To Get You Started For The Day
A round-up of the biggest articles from newspapers
Hot Stocks | Shriram Transport, Canara Bank, Cholamandalam Investment can give up to 13% return in short term
https://www.moneycontrol.com/news/business/markets/hot-stocks-shriram-transport-canara-bank-cholamandalam-investment-can-give-up-to-13-return-in-short-term-7412511.html
https://www.moneycontrol.com/news/business/markets/hot-stocks-shriram-transport-canara-bank-cholamandalam-investment-can-give-up-to-13-return-in-short-term-7412511.html
Moneycontrol
Hot Stocks | Shriram Transport, Canara Bank, Cholamandalam Investment can give up to 13% return in short term
Technical charts suggest that the banking index may outperform in the coming sessions as Bank Nifty has managed to close above the key resistance level of 36,400.
*Business News Headlines* 🇮🇳
*Economic Times*
Ø REC seeks shareholders nod to raise up to Rs 85,000 cr via bonds, debentures
Ø Maruti to hike prices third time this year as input costs pinch
Ø Bank of India announces closure of QIP issue; raises Rs 2,550 cr
Ø Vijaya Diagnostics mobilises Rs 566 cr from anchor investors
Ø RIL eyes billion-dollar REC buy for solar push
Ø NSE-BSE bulk deals: KKR Mauritius sells stake in Coffee Day Enterprises
Ø Ami Organics raises Rs 171 crore from anchor investors ahead of IPO
Ø Ola IPO to hit the Street early 2022
Ø SBI to raise up to Rs 4,000 crore via AT1 bonds
Ø Unitholders of Franklin’s six shut debt schemes to get Rs 2,918 crore
Ø Chinese investment flows via hybrid route under lens
*Business Standard*
Ø IIFL Group case: Sebi refuses to lift capital market ban on 6 individuals
Ø OPEC+ committee expects oil market to return to surplus in 2022
Ø BSE StAR MF registers 14.1 million transactions worth Rs 36,277 cr in Aug
Ø Homegrown firm MapmyIndia files draft papers for IPO with Sebi
Ø Peak margin norms to hit market depth without impacting on trading volumes
Ø Airtel's fundraise to provide ammo for 5G, fortify position: Analysts
Ø India power-sector financier REC plans first loan using Libor heir
Ø Grasim Industries to invest Rs 2,600 crore in capex in FY22
Ø Bharti Airtel clarifies on Google investment buzz
Ø Moody's assigns B1(hyb) rating to Axis Bank's proposed AT-I capital bonds
Ø Airtel's Rs 21k-cr rights issue may open exit door for Voda Idea: Analysts
*Financial Express*
Ø Non-food bank credit grows at 6.2 per cent in July: RBI data
Ø Bank credit grows 6 per cent in June
Ø Kotak Bank to sell 20 cr shares of Airtel Payments Bank to Bharti Enterprises for Rs 294 cr
Ø Low-grade imports: DPIIT mulls quality control curbs for 45 more products
Ø Coal shortage drives spot power prices to record high of Rs 20 per unit
Ø Tracking investments: Ministries asked to move faster on PLI schemes
Ø Institutional shareholders voting against top brass’ resolutions in AGMs
Ø JSPL gets board approval to raise $1 bn
Ø Financial bids for BPCL after September
Ø NTPC Darlipali Thermal Power Station's Unit 2 to start commercial operation from Sep 1
Ø Rs 21K-cr rights issue: Fundraise to lower leverage, says Mittal
*Mint*
Ø Four Tesla models get green signal in India
Ø NCLT orders for attaching properties of Videocon promoters
Ø IT hiring in FY22 may cross peak on firm broad-based demand
Ø L&T’s IT arms drive valuations, but order inflows matter more
Ø NHPC signs MoU with PFC to fund hydro projects, acquisition of stressed projects
Ø GCPL stock appears to factor optimism adequately for now
Ø Policy harmonization will help our MSMEs create jobs
Ø Mumbai court allows restoration of Nirav Modi's confiscated properties to PNB
Ø Coal stocks with CIL adequate to meet power demand surge, says govt
Ø Higher prices, parts paucity may hit festive sales of autos
Ø India's space-tech startups steering a rough ride
Ø Economy recovers 20.1% in June quarter from a low base
*Economic Times*
Ø REC seeks shareholders nod to raise up to Rs 85,000 cr via bonds, debentures
Ø Maruti to hike prices third time this year as input costs pinch
Ø Bank of India announces closure of QIP issue; raises Rs 2,550 cr
Ø Vijaya Diagnostics mobilises Rs 566 cr from anchor investors
Ø RIL eyes billion-dollar REC buy for solar push
Ø NSE-BSE bulk deals: KKR Mauritius sells stake in Coffee Day Enterprises
Ø Ami Organics raises Rs 171 crore from anchor investors ahead of IPO
Ø Ola IPO to hit the Street early 2022
Ø SBI to raise up to Rs 4,000 crore via AT1 bonds
Ø Unitholders of Franklin’s six shut debt schemes to get Rs 2,918 crore
Ø Chinese investment flows via hybrid route under lens
*Business Standard*
Ø IIFL Group case: Sebi refuses to lift capital market ban on 6 individuals
Ø OPEC+ committee expects oil market to return to surplus in 2022
Ø BSE StAR MF registers 14.1 million transactions worth Rs 36,277 cr in Aug
Ø Homegrown firm MapmyIndia files draft papers for IPO with Sebi
Ø Peak margin norms to hit market depth without impacting on trading volumes
Ø Airtel's fundraise to provide ammo for 5G, fortify position: Analysts
Ø India power-sector financier REC plans first loan using Libor heir
Ø Grasim Industries to invest Rs 2,600 crore in capex in FY22
Ø Bharti Airtel clarifies on Google investment buzz
Ø Moody's assigns B1(hyb) rating to Axis Bank's proposed AT-I capital bonds
Ø Airtel's Rs 21k-cr rights issue may open exit door for Voda Idea: Analysts
*Financial Express*
Ø Non-food bank credit grows at 6.2 per cent in July: RBI data
Ø Bank credit grows 6 per cent in June
Ø Kotak Bank to sell 20 cr shares of Airtel Payments Bank to Bharti Enterprises for Rs 294 cr
Ø Low-grade imports: DPIIT mulls quality control curbs for 45 more products
Ø Coal shortage drives spot power prices to record high of Rs 20 per unit
Ø Tracking investments: Ministries asked to move faster on PLI schemes
Ø Institutional shareholders voting against top brass’ resolutions in AGMs
Ø JSPL gets board approval to raise $1 bn
Ø Financial bids for BPCL after September
Ø NTPC Darlipali Thermal Power Station's Unit 2 to start commercial operation from Sep 1
Ø Rs 21K-cr rights issue: Fundraise to lower leverage, says Mittal
*Mint*
Ø Four Tesla models get green signal in India
Ø NCLT orders for attaching properties of Videocon promoters
Ø IT hiring in FY22 may cross peak on firm broad-based demand
Ø L&T’s IT arms drive valuations, but order inflows matter more
Ø NHPC signs MoU with PFC to fund hydro projects, acquisition of stressed projects
Ø GCPL stock appears to factor optimism adequately for now
Ø Policy harmonization will help our MSMEs create jobs
Ø Mumbai court allows restoration of Nirav Modi's confiscated properties to PNB
Ø Coal stocks with CIL adequate to meet power demand surge, says govt
Ø Higher prices, parts paucity may hit festive sales of autos
Ø India's space-tech startups steering a rough ride
Ø Economy recovers 20.1% in June quarter from a low base
Chief Economic Adviser KV Subramanian on Tuesday said India's macroeconomic fundamentals are strong, and it can withstand the impact of indicative 'taper tantrum' or withdrawal of monetary stimulus by the US central bank. _“I absolutely do not think that they should be that much of a concern as I had mentioned this is because of the several reform measures and the supply-side measures that have been taken,"_ https://www.livemint.com/economy/india-macroeconomic-fundamental-in-good-position-to-withstand-tapering-cea-11630425843131.html
mint
India macroeconomic fundamental in good position to withstand tapering: CEA
Many economists have expressed concern that the emerging markets cannot afford a repeat of the 'taper tantrum' market disruption that occurred in 2013
Global economy not out of the woods yet, says RBI Governor Shaktikanta Das - https://www.moneycontrol.com/news/business/global-economy-not-out-of-the-woods-yet-says-rbi-governor-shaktikanta-das-7412301.html
Moneycontrol
Global Economy Not Out Of The Woods Yet, Says RBI Governor Shaktikanta Das
Global economy suffered a jolt with the onslaught of the COVID-19 pandemic. The crisis isn't over yet.
Banks recorded 6% credit growth in June 2021: RBI data - https://www.moneycontrol.com/news/business/banks-recorded-6-credit-growth-in-june-2021-rbi-data-7412701.html
Moneycontrol
Banks Recorded 6% Credit Growth In June 2021: RBI Data
The credit growth across sectors slumped due to falling demand after the COVID-19 pandemic hit the Indian economy. However, the government’s initiatives to push credit to the productive sectors through government-guaranteed schemes have helped to create…