The bullish outlook for gold is seen as a trigger for silver to perform better going ahead.
They alleged that while the two main political parties in the state -- the Bharatiya Janata Party and the Samajwadi Party -- have 'cheated' them, the other parties are 'ineffective'.
Exposure to debt funds and gold is essential even if current returns from these asset classes are low, suggests Sanjay Kumar Singh.
We have our own problems for sure and they are not trivial, but for now, our economy is in not too bad a shape, our politics is as personality-driven and authoritarian as that of most countries in the world. We must make the best of what we have and not be excessively unhappy looking at the grass on the other side of the septic tank which may not be greener after all!, observes Shreekant Sambrani.
International pop star Rihanna teenage climate activist Greta Thunberg and others extended their support to farmers protesting on the borders of India's capital against the three agriculture laws introduced by the Central government last year and asked why people were not talking about it.
What these elections prove beyond any doubt (if ever there was one) that Modi's hold over public mind and Shah's mastery of election management are unparalleled. It doesn't seem likely that they will be matched any time soon in the Indian political scene, reaffirms Shreekant Sambrani.
Some sportspersons of Punjab and Haryana have been returning their awards (Padma, Dronacharya, and Arjuna award ) in order to show solidarity with the farmers.
The GST Council might on Friday consider taxing petrol, diesel and other petroleum products under the single national GST regime, a move that may require huge compromises by both central and state governments on the revenues they collect from taxing these products. The Council, which comprises central and state finance ministers, in its meeting scheduled in Lucknow on Friday, is also likely to consider extending the time for duty relief on COVID-19 essentials, according to sources in the know of the development. GST is being thought to be a solution for the problem of near-record high petrol and diesel rates in the country, as it would end the cascading effect of tax on tax (state VAT being levied not just on the cost of production but also on the excise duty charged by the Centre on such output).
'I worked over 100 times more to prove I wasn't a madamji doing this as a hobby.'
'Private banks are well-placed to deliver good performance over the next six months.'
Data compiled by National Collateral Management Services (NCML, a non-government body) shows a 6.3 per cent rise to 109 million tonnes (mt). The Union ministry of agriculture's first advance estimate was 100.5 mt, as compared to 102 mt in last year's fourth advance estimate.
"Essential services will continue to be available and people should not have any misunderstanding or confusion regarding this. Medical shops and pharma companies will continue to function as usual," Thackeray said.
Hours after making the statement, the Haryana agriculture minister said he has seen "twisted" statements, attributed to him, on social media.
The employment situation remains dire. Whatever can be done to promote greater low-skill employment should be pursued aggressively, advises former chief economic adviser Shankar Acharya.
If they can sit together and hammer out 'Black Sea Initiative' deal for much needed food shipments, surely, they should be able to address the madness of the larger military conflict?
While the tax treatment does legitimise past crypto transactions, there is a possibility that any, or all, private cryptocurrencies will be banned in future.
'The SJM has requested the government to bring a change in the law which will ensure MSP as the floor price for all farmers below which nobody should buy anything from them.'
The oil crisis could not have come at a worse time for the Modi government as its tax collection has fallen short of its 2020-2021 target by Rs 5.2 lakh crore.
All members of the Monetary Policy Committee (MPC) -- Shashanka Bhide, Ashima Goyal, Jayanth R Varma, Mridul K Saggar, Michael Debabrata Patra and Shaktikanta Das -- had unanimously voted to keep the policy repo rate unchanged at 4 per cent after the three-day meet of the panel earlier this month. Further, except Varma, other members voted to continue with the accommodative stance as long as necessary to revive and sustain growth on a durable basis and continue to mitigate the impact of COVID-19 on the economy, while ensuring that inflation remains within the target going forward. Varma expressed reservations on this part of the MPC resolution, according to the minutes.
Petrol and diesel are among the 90-plus commodities that have been approved by the government for derivatives trading
The government has the upper hand in the ongoing negotiations, and it is unclear if a real debate will happen, observes Tulika Narayan.
There is disquiet and discomfort in the citizenry that can be touched and felt. No one is talking, but then, the Indian voter has not talked much -- with the conviction that all that goes up has to come down, observes N Sathiya Moorthy.
'Through the course of the year, we expect the economic weakness generated by demonetisation will give way to normalisation of growth conditions.'
China's GDP grew by 4.9 per cent in the third quarter, down from 7.9 per cent in the second, confirming the slowdown of the world's second-largest economy which was under pressure from the crisis-hit property sector, curbs on energy and tardy recovery from the Covid-19 pandemic.
As far as possible, investment in the agriculture sector must be from the government, and not the private sector, states Santushti Raj Thapar.
It will bear fruit in the next five years, which is why FDI is so strong. The foreigners clearly know what Indians don't, asserts T C A Srinivasa-Raghavan.
Where do the four members of the Supreme Court appointed panel to interface with farmers stand on the Modi government's farm laws?
'It won't help being complacent about the momentum and valuations of equities that currently exist.'
On October 25, the government issued an ordinance on the denotification. Earlier, in July 2016, it had denotified fruits and vegetables, thereby allowing farmers to sell these to buyers within or outside APMC yards, as they chose
Kiran Vissa, co-convenor of National Alliance for Sustainable Agriculture, said that amendments to the EC Act have nothing to do with farmers' welfare but instead meant to please big players and agriculture companies. This is because small and marginal farmers don't have the storage capacity to attract provisions of the EC Act.
We are in a general commodity correction wherein we must expect all commodities to bottom more or less simultaneously since money is fungible and you have no means of knowing which bull is trapped where, says Sonali Ranade
'Earlier-than-expected tapering from the US, followed by rate hikes, and locally, a potential third wave, which mimics the second wave in terms of severity.'
'I hope the trend is sustainable and that economic activity accelerates going forward.'
'If you see the composition of items which are causing this spike in prices, most of them have little to do with the kharif harvest, except for pulses and vegetables to some extent.' 'I don't know on what basis the government is claiming that food prices will moderate in the weeks to come.'
The fear of price rise gained momentum after reports surfaced that the NAFED procured 50,000 tonnes of onion this season.
The government plans to bring down its stake to 26 per cent in these two banks, which are yet to be identified. This may not come in the way of getting investors for these banks, provided the government is willing to step back rather than run them the way it had been doing for over five decades since these banks were nationalised, points out Tamal Bandyopadhyay.
The PM's visit would signal a strong intent towards making sure India becomes a beneficiary as vaccines become a massively traded commodity in the coming years.
'At this moment, investors should look for relative value within sectors and clear visibility (third-wave-or-not) on earnings delivery.'
'RCEP may be in India's long-term interest, but it is certainly not in India's short-term and medium-term interest.'
He maintained that the laws were for their benefit and then apologised to people of the country, adding that the government could not convince a section of farmers despite its clear heart and clean conscience.