Новости за 04.02.2020

Sensex vaults 917 points, Nifty ends near 12,000; Titan jumps 7%

The Budget expects nominal GDP growth of 10 per cent in the next fiscal , followed by 12.6 per cent and 12.8 per cent in FY22 and FY23, respectively. Even before the significant slowing in economic expansion in 2019, nominal GDP growth had averaged about 11 per cent over the five years from 2014 to 2018.

The JV aims to set up a factory in India to manufacture Al-Air batteries for Electric Vehicles and stationary applications and facilitate development of eco-system for Al-Air technology, Indian Oil said.

Adani Green, the renewable energy arm of conglomerate Adani group, has a portfolio of 5,990 megawatts (mw).

The total expenses were at Rs 618.10 crore in the period under review.

Nickel prices on Tuesday edged up by Rs 19.70 to Rs 957.50 per kg in futures trade.

​Replying to a question in Rajya Sabha, Health minister Harsh Vardhan said the reasons for slow utilization of funds allocated under the health insurance scheme was because four states - West Bengal, Telangana, Odisha and Delhi - which account for 20 per cent of the eligible beneficiary population, were not implementing the scheme.

On the Multi Commodity Exchange, crude oil for February delivery dropped by Rs 16.

Gold prices on Tuesday fell by Rs 262 to Rs 40,482 per 10 gram in futures trade.

A survey found that 80 per cent of central banks are doing some kind of work into CBDCs

Consolidated operating revenue rose 18 per cent to Rs 3,336 crore from Rs 2,824 crore.

January imports totalled $1.58 billion, down from last year's $2.31 billion, he said.

"We will have to purchase about 12,000 acres from farmers and other landlords while another 3,000 acres will be secured under a land pooling scheme. To purchase the land, we require about Rs 5,000 crore and the Housing and Urban Development Corporation Ltd (HUDCO) has agreed to lend the money," a Revenue Department official said.

The company had posted a consolidated net profit of Rs 141.94 crore in FY19.

Q3 FY 20 revenue of the company was Rs 1,069.3 crore, which has increased by 18% over the corresponding quarter of previous fiscal.

GAIL is India's biggest natural gas marketing and trading firm and owns more than 70 per cent of the country's 16,981-km pipeline network, giving it a stranglehold on the market. Users of natural gas have often complained about not 'fairly' getting access to GAIL's 12,160-km pipeline network to transport their fuel.

Nandan Nilekani explained that AI can be used to figure out good and bad credit risk, and rates at which loans are given can be tweaked based on such assessment.

Its revenue from consumer product segment was up 12.70 per cent to Rs 860.21 crore.

With this, the company is aiming to simplify and digitize payments for both B2B and B2C players who make regular payments to a large number of vendors, salaries and food allowance to employees, rewards or instant refunds to their customers and even other expenses like utility bills for multiple offices.

"We have come with the new lottery system. Every bill under GST is supposed to be a price-winning lottery ticket. It will go for a draw and price are so high that people will say that by not saving 28 per cent, I have a chance of winning Rs 1 crore or Rs 10 lakh. It is a question of changing the consumer behaviour," CBIC member Joseph said.

The company had reported Rs 416.23 crore profit in the same period last year.

The sixth bi-monthly monetary policy statement for 2019-20 will be announced at 1145 hours on Thursday.

US President Donald Trump, seeking re-election, on Monday coasted to victory in the 2020 Iowa Republican caucuses, trouncing his two lesser-known ruling Republican Party rivals.

The figure was down sharply compared with profit after tax of $9.38 billion in 2018, the company said in a statement marking the end of American Dudley's time at the helm.

What the economy has seen over the last one year has been an inventory-led correction in GDP growth. This tends to have a self-healing mechanism in that once the inventory correction gets over, you start to see numbers improve again, says the market veteran.