Monday, April 10, 2017

Demonetisation has given an extra boost towards digital finance: NITI Aayog
 
"If you look at the RBI (Reserve Bank of India) data on use of digital payments, there is a sharp rise in immediate aftermath of demonetisation. Now the figure has moderated a little" Nayyar said at MoneyTech, 2017.The government's massive currency culling exercise in November has given "extra boost" towards the movement of digital finance, Dhiraj Nayyar Officer on Special Duty and Head of Economics, Finance and Commerce at NITI Aayog said today."If you look at the RBI (Reserve Bank of India) data on use of digital payments, there is a sharp rise in the immediate aftermath of demonetisation. 
Alleged EVM tampering: Opposition parties to meet EC

The opposition leaders are demanding that VVPAT (paper trail of voting) be introduced in all future elections. The Congress has also been pushing for use of ballot papers instead of EVMs in upcoming elections in view of the alleged tampering.Opposition parties today decided to take up unitedly with the EC the issue of alleged EVM tampering in elections held in various states recently. Leaders of various opposition parties today met in Parliament and decided to jointly meet the Election Commission, demanding that their concerns on the issue be addressed.The opposition leaders are demanding that VVPAT (paper trail of voting) be introduced in all future elections. 

Saturday, April 8, 2017

AIADMK factions using 'two leaves' symbol: EC not impressed

The Commission conveyed its "displeasure" to the V K Sasikala and O Panneerselvam factions and advised them not to repeat "such acts" in future.The warring factions of the AIADMK today faced the ire of the Election Commission for using the "two leaves" symbol of the party frozen by it.The Commission conveyed its "displeasure" to the V K Sasikala and O Panneerselvam factions and advised them not to repeat "such acts" in future.Recently, the Commission had frozen the AIADMK and its party symbol "two leaves" through an interim order following dispute between the two factions.As per the interim order, the two sides cannot use the name AIADMK or its poll symbol for the April 12 R K Nagar assembly bypoll which was necessitated due to the demise of J Jayalalithaa.It had allocated the party symbol "Hat" to All India Anna Dravid Munnetra Khazagam -- AIADMK (Amma). The other faction named All India Anna Dravid Munnetra Khazagam -- AIADMK (Puratchi Thalaivi Amma), was allotted the symbol "Electric Pole".
BJP confident of winning Meghalaya Assembly polls in 2018

BJP national vice president Avinash Rai Khanna today expressed optimism that his party will form a government in Meghalaya in 2018.BJP national vice president Avinash Rai Khanna on Friday expressed optimism that his party will form a government in Meghalaya in 2018.
"We will definitely form a new government in the state and for this, the policies of the Centre has to reach the grass root level," Khanna said while addressing BJP state leaders and party workers and urged party workers to start spreading the word about the good governance the Centre was doing under the leadership of Prime Minister Narendra Modi.On the recent violent incidents in the name of cow vigilantism, the BJP leader later on told reporters that nobody has the right to take law in their own hands.

Friday, April 7, 2017

Soybean prices to trade sideways today: Angel Commodities

According to Angel Commodities, Soybean April futures closed lower continues its range bound trade as demand and supply seems to be in balance.Soybean April futures closed lower continues its range bound trade as demand and supply seems to be in balance. The mills have procured large volumes of soybean earlier in the season at lower levels which helps in more competitive prices of meals for record exports. The supplies have been decreased drastically last week compared to previous week so as the demand. As per Agmarknet, arrivals of soybean during Mar 27 - Apr 1 were about 32,514 tonnes Vs 90,767 tonnes during previous week. CBOT soybean futures closed lower on Thursday due to profit booking after prices have rebound on fears of harvest delays in Argentina, along with China's return to the market after a holiday.  The soybean market is notably anticipating record production in Brazil which could dominate export trade in coming months and reduce U.S. export sales. As per USDA, net sales of 482,000 tonnes for 2016/2017 were down 29 % from the previous week and 11% from the prior 4 - week average.We expect Soybean prices to trade sideways on expectation of lower level buying and  good crushing demand.The views and investment tips expressed by investment experts/broking house strating agencies on  are their own, and not that of the website or its management.  advises users to check with certified experts before taking any investment decision

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