News I read on 29th June 1) Power producers' total outstanding dues owed by distribution firms rose nearly 63 percent to Rs 1.23 trillion in April 2020 over the same month previous year, reflecting stress in the sector. Ref: Business Standard 2) Construction of a large number of real estate projects...
News I read on 26th June 1) Funds parked by Indian individuals and enterprises in Swiss banks, including through India-based branches, fell nearly 6 percent in 2019 to 899 million Swiss francs (Rs 6,625 crore), annual data from Switzerland's central bank showed on Thursday. Ref: Business Standard 2)...
News I read on 25th June 1) In a relief for taxpayers, the Centre on June 24 extended the deadline for filing income tax returns (original as well as revised) for FY2018-19 to July 31, 2020. The last date for filing income tax returns for FY2019-20 has also been extended to November 30, 2020. Conseq...
News I read on 24th June 1) India's oil imports in May hit the lowest since Oct 2011, India imported 3.18 million barrels per day (BPD) of oil, a decline of about 31% from April and about 26% from a year ago. Ref: Yahoo Finance 2) To enable bondholders to find a market for the defaulting debt the ma...
Investing Vs Trading You should decide on your behavior and emotional skills whether you want to be a trader or an investor. "Know what you own, and know why you own it." - Peter Lynch For a novice in the field of the stock market, both investing and trading look very similar. For people who are fam...