Новости за 26.02.2020

Car sales in India are expected to be relatively flat this year after plunging 11.8 per cent in 2019 amid slowing economic growth, as per Moody's Investors Service.

BPCL eyes cheaper crude as Coronavirus hits Chinese “The Corona virus has disrupted crude oil prices and China has rejected a lot of crude oil in the last 3-4 months, and there is a significant availability of crude,” said R. Ramachandran, head of refineries at the motor-fuel company.

Here is a lowdown of the movers and shakers of Wednesday’s session on Dalal Street.

While India vice-captain Rahane, who scored 75 in the opening Test, gained a spot and Mayank returned to a career-best 10th position after amassing 92 runs, which included a second-innings half-century, Pujara dropped two places after returning with identical scores of 11 in the two innings.

Small finance banks (SFBs) have a total loan amount outstanding of Rs 37,282 crore, NBFCs with total loan outstanding of Rs 21,591 crore and other MFIs account for Rs 2,395 crore in the microfinance universe.

Nifty closing below its long-term average of 11,686 does not augur well for the bulls.

Nifty is now stone’s throw away from the February low of 11,614, which is a key support.

Full service carrier Vistara will cancel 54 international flights next month, including on routes connecting Delhi with Bangkok and Singapore, amid weak demand due to the coronavirus outbreak.

The top court said it had tried to find an out-of-the-box solution by appointing interlocutors to persuade the protesters looking at the prevailing conditions.

John Madew, Senior Trade and investment Commissioner at the Australian Trade and Investment Commission (Austrade) said delegation is keen on leveraging business opportunities in India in light of the growing significance of India -Australian economic relations.

More than 50 brokers and analysts reflected a slightly more pessimistic view about the market.

Aegon Life Insurance, today announced the appointment of Naveen Bachwani as its chief operating officer. Bachwani is expected to drive digital transformation, product development and operations.

The mission envisages export promotion of technical textiles, enhancing it from the current annual value of approximately Rs 14,000 crore to Rs 20,000 crore by 2021-22, and ensuring 10 per cent average growth in exports per year up to 2023-24. An Export Promotion Council for Technical Textiles will be set up for effective coordination and promotion activities in the segment.

We do not see much value because you do not have a very robust moated franchise, and it also throws out truck loads of cash, says the co-founder and portfolio manager of Marcellus Investment Managers.

GMR Infrastructure said the group has received Rs 5,248 crore towards first tranche of payment from Groupe ADP.

The Foreign Office claimed that a 40-year-old civilian sustained serious injuries in the ceasefire violations by Indian troops in Nezapir Sector on Tuesday. "This escalation in ceasefire violations by India is continuing from the year 2017 when the Indian forces committed 1,970 ceasefire violations," the Foreign Office said in a statement.

India VIX moved up sharply by 8.05 per cent to 18.26 level.

Speaking at the 43rd session of the UN Human Rights Council which is being held here in Switzerland from February 24 to March 20, Vikas Swarup, Secretary (West), the ministry of external affairs, described Pakistan as the epicentre of global terrorism. He called for decisive action against states who direct, control, fund and shelter terrorists, in an obvious reference to Pakistan, which is accused by its neighbours of providing safe havens to terror groups.

Hosted and organised by Delhi based noted think tank CPR on March 2-3, experts from around the country and the world will engage with and debate significant development and policy challenges that India faces in the coming decade.

The government on Wednesday approved the exemption of India Ports Global Ltd from the Department of Public Enterprises (DPE) guidelines for smooth execution of Chabahar Port project.

The IAF Flight will also bring back some Indian and foreign nationals from some of our neighboring countries who have sought assistance in traveling to India in keeping with Prime Minister Modi’s neighbourhood first policy. Earlier Air India flight brought back nationals of Maldives and Bangladesh along with over 600 Indians from Wuhan.

The founder and chief strategist of Goldilocks Premium Research says a possible 2,000 point fall on Bank Nifty is likely and some of the top names in the space, apart from ICICI Bank, look weak.

The Delhi High Court tells Solicitor General Tushar Mehta, "Register FIR against Kapil Mishra and others for inflammatory speech if you want to sane the city." The HC also asks SG to communicate the message to the Commissioner.

The downward spiral in growth momentum has resulted in a slew of initiatives from the policymaking side, including a cumulative rate cut of 1.35 percentage point by the Reserve Bank in 2019, and a sharp cut in direct taxes for corporates by the government.

NTPC will provide financial support of Rs 80 crore for installation of 25 CAAQMS across six states and three Union Territories. The CAAQMS will be installed in Gwalior (Madhya Pradesh), Ranchi (Jharkhand), Patna (Bihar), Varanasi, Lucknow, Kanpur and Allahabad (all in Uttar Pradesh), Pimpri – Chinchwad (Maharashtra) and Madurai (Tamil Nadu).