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  1. In India, an increase in crude oil prices brings with it higher inflows from the Middle East. Click here To know about the Best Stock Advisory India Over the last few months, crude oil prices have witnessed an unprecedented increase, touching a 4-year high of around $80 a barrel and proving wrong numerous experts, who until recently believed that it wasn’t possible for them to touch these levels in the near term. But over the last year or so, the reversal of an erstwhile supply glut has kept prices inflated. While the myriad factors responsible for the shortage in supply are being highlighted in discourses around the world, it is important to know that the parallelly rising demand cannot be ignored. This assumes importance because many are of the opinion that the exorbitant prices are more a result of politics than economics. Click here to get Free Commodity Tips Growing demand The buoyancy in the global economy has increased the appetite for crude oil in recent months. Consumption of oil across the globe during the January-March quarter increased by almost 2 percent year on year, which was primarily due to a spike in demand from US, China, and other Asian countries. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- we Are Best Stock Advisory In India We provide Commodity Tips, Intraday Calls, Share Market Tips. For More Information contact us at +91-8305596871 or just click the link below and register yourself now. https://goo.gl/aZjKFS
  2. No reason to worry about the higher contribution of retail loans in the economy Retail loans now account for around 25 percent of all non-food credit. As youngsters join the work-force, the higher contribution of retail loans is expected. Click here To know about the Best Stock Advisory India The main reason private sector banks could weather the bad loan storm was that they were more focused on lending to the retail sector. Retail loans have two advantages. One, the margins are much better than those of corporate loans despite the despite the higher cost of disbursing them. Also, given the smaller size of the loans, a few of them turning bad does not dent the overall loan book. A comparison of the loan books of HDFC Bank, the leader in private sector banks and SBI, the largest public sector bank drives home the point. Retail loans account for roughly 70 percent mark of HDFC Bank’s loan book, while the corresponding number for SBI is around 27 percent. Net interest margin of HDFC Bank stands at 4.3 percent while that of SBI is 2.45 percent. While the difference is glaring one needs to keep in mind that public sector banks are ‘compelled’ to lend to social sectors which are not the case with their private sector peers. However, public sector banks have woken up to the changing trend and have started focusing on the retail lending. Take the case of SBI, where the bank has shifted gears both in corporate lending and retail lending. While it has shifted to the reverse gear in corporate lending with a negative growth rate of 4.2 percent, it has shifted to a higher gear in retail lending, growing it at a rate of 13.6 percent, the highest growth rate among all its business segments. Overall lending numbers also point towards the growing bias. Lending to personal loans, including housing, vehicle, consumer durables, and credit cards, increased by 20.4 percent in February 2018. In contrast, advances in all form of industry (large and small) were up by only 1 percent. Retail loans now account for around 25 percent of all non-food credit. As youngsters join the work-force, the higher contribution of retail loans is expected. Further, the slowdown in corporate loan growth is also increasing the market share of retail loans. Perhaps, realizing the damage that high personal loans can do to the banking system and the economy, the central bank has raised the red flag. Reserve Bank of India’s deputy governor, NS Vishwanathan, warned that the herd mentality among bankers to grow retail credit and the personal loan segment in view of the problem-riddled corporate loan book is also risky. “This is not a risk-free segment and banks should not see it as the grand panacea for their problem-riddled corporate loan book. There are risks here too that should be properly assessed, priced and mitigated,” said Vishwanathan. RBI, however, is only partly right when it comes to risks associated with retail loans. In secured loans like housing, the non-performing loans are less than 2 percent. It is only recently that non-performing loans in the housing sector have moved up, that too in the affordable housing sector. However, a closer look at these toxic loans shows that most of them were given to owners of small businesses who were affected by demonetization and GST implementation. Besides these, delinquencies in housing loans are low. Housing loan is in any case, not so much of a problem as they are asset-backed that too by an asset which does not fall much, if at all. However, the auto loans and more importantly the personal loan segments, education loans, and credit cards are one the ones that are problematic. In case of personal loans, generally banks clear the file only in case of working employees that too for those who work in reputed companies. As for credit card, banks know the risk they are taking and cover the risk by charging exorbitant rates to its users. Click here to get Free Commodity Tips The biggest problem that the retail segment might face is in the educational loan segment, especially if the economy slows down. The US too is now facing the problem of high educational loans where the students are unable to repay the loans on account of lack of well-paying jobs or no suitable job at all. Going forward it is possible that banks in India might tighten the screening process of giving loans to only the more deserving students in India. Though retail loans now account for 25 percent of all credit they are still no reason to worry. They are fragmented in nature and only in case of a big depression we can see the defaults rising. It is too early to raise the red flag on the inherent risk in these loans. On the other hand banks not lending to the industry is a more worrying sign as this risk can percolate down to the personal loan segment. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- we Are Best Stock Advisory In India We provide Commodity Tips, Intraday Calls, Share Market Tips. For More Information contact us at +91-8305596871 or just click the link below and register yourself now. https://goo.gl/y9zQ9b
  3. In general, if implied volatility is higher than historical volatility it gives some indication that option prices may be high. If implied volatility is below historical volatility, this may mean option prices are discounted. Click here To know about the Best Stock Advisory India The 1997 East Asian economic crisis and 2008 Great Financial crisis made apparent how vulnerable currencies can be. It also made apparent the need for firms to manage foreign exchange risk. Many individuals, firms and businesses found themselves under great trouble in the wake of drastic exchange rate movements. Foreign exchange risk refers to the uncertainties faced due to fluctuating exchange rates. Why currency hedging is important? And how it can be hedged? Un-hedged exposure of forex (FX) can affect firm's balance sheet or profitability, which can create cash outflow and operational issues. Hedging reduces a firm's exposure to unwanted risk. This helps in sustaining profits, reducing volatility and ensuring smoother operations. Foreign currency exposures must be divided into monthly, quarterly, half-yearly and yearly basis. Short-term exposures up to, say, confirm orders be fully covered with forward or future contracts, and after that the strategy of partial hedging may be used to deal with volatility in the dollar-rupee rate. Click here to get Free Commodity Tips Further, Derivative can be used with the combination of risk management and technical analysis. Forward or option strategy with pre-defined limiting risk strategy like stoploss based on technical chart observation would be ultimate hedging strategy. This will also help to mitigate costing levels, especially in the time of higher volatility in the currency. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- we Are Best Stock Advisory In India We provide Commodity Tips, Intraday Calls, Share Market Tips. For More Information contact us at +91-8305596871 or just click the link below and register yourself now. https://goo.gl/y9zQ9b
  4. The trading diary is your daily calendar of actual trades and your thoughts surrounding it. Trading diary is all about learning from experiences so try to be absolutely honest in writing down your notes. Click here To know about the Best Stock Advisory India Have you ever noticed that every successful businessman maintains a diary? Why do you think they do it? It is to maintain a continuous dialogue between actions, outcomes, environment and strategies. Like any business, trading is also about strategy. You are not sitting on the trading terminal to predict the market. That is not your job at all! Your job is to accept that the market will be what it is and design your trading strategy around it. But strategy is much easier said than done. It requires data, review and isolation of the relevant issues. That is where a Trading Diary comes in handy. What should you write in your trading diary? The trading diary is your daily calendar of actual trades and your thoughts surrounding it. Trading diary is all about learning from experiences so try to be absolutely honest in writing down your notes. Here are 3 things that you need to address in your trading diary: Why did I initiate the trade and how? This is something you need to jot down about each trade at the end of the day. Did you get carried away by the broad direction of the market wind? You also need to jot down what were the technical and fundamental checks that you did before getting into that transaction. Each trade has to have a justification, otherwise it is a pure gamble. How was the trade executed and handled? There are various aspects to this question. Did you focus on execution at the best price or did you place a market order in a rising market? Where did you put the stop loss and where did you set your profit target? Did you actually panic and close your position before the stop loss was triggered? Once you document all these aspects, you get insights into how your trade can be handled in future. Did the trade work out as planned? This is the most important aspect of your trading diary. Remember, when you are a trader the buck stops with you. You cannot blame the volatility in the market for trades that go against you. The bigger question is what precautionary measures you took to prevent your trade from misfiring. Actions, outcomes, environment, strategies Remember these four pillars of your trading diary. First and foremost, it keeps a record of your actual actions. While trading, you maintain a log of your trades but when you prepare your diary you must input your thinking behind that trade too. That will give you a better base to reconsider strategy. Secondly, you need to focus on outcomes. What actually happened to the trade? Did you book a small profit, did you book a large profit, did the stop loss get triggered or did you just panic and surrender your position. Thirdly, what was the environment on that trading day? Was it a normal day, was it a bullish day or bearish day or whether it was an extremely volatile day. The environment matters a lot too. Lastly, how did you calibrate your strategy in response to outcomes and environment? That really determines if you are going up the learning curve as a trader or not. The importance of a trading diary The trading diary involves a lot of time, effort and commitment from your side. So, what is in it for you? Actually, the trading diary will proffer 5 key benefits on your trading performance: Click here to get Free Commodity Tips It forces you to look at performance on a daily and even, at times, on an hourly basis. As a trader you live by the hour and if you are profitable in 4 out of the 6 hours during the day then you are likely to be profitable overall. That is granular thinking. Trading diary throws up interesting trends. You may be losing money on your Nifty trades regularly but you may not able to fathom the reason. The trading diary will help you pinpoint the precise reason. It could either have to do with your stop loss levels or the way you enter and exit the Nifty. Either ways, the insight is important. Trading diary acts as a check list for the next trading day. When you analyze your actions, outcomes, environment and strategies for the day, you actually know where to focus on the next day. That clarity makes your trading more focused and you can spend the 1 hour prior to trade opening purely focusing on this handful of areas. Are you overtrading with your capital? That is a difficult question to answer but when you sit down with your trading diary, you have data in front of you. Take a call for the next day accordingly. Lastly, trading diary is part of your learning curve and these learnings cumulate into your experience. They also create good trading habits, which will stand you in good stead in the long run. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- we Are Best Stock Advisory In India We provide Commodity Tips, Intraday Calls, Share Market Tips. For More Information contact us at +91-8305596871 or just click the link below and register yourself now. https://goo.gl/y9zQ9b
  5. Gold has been a preferred investment option for many during the auspicious occasion of Akshaya Tritiya irrespective of its price. Despite the soaring prices, the yellow metal would not lose its sheen owing to wedding season. Gold is believed to be one of the best hedge against inflation and is considered to be amongst best performing asset when the market is full of risk and uncertainty. Click here To know about the Best Stock Advisory India If you are planning to buy gold this Akshaya Tritiya, then you should invest in the yellow metal as per your financial goals, and select the right option based on the return aspect, liquidity, tax efficiency, etc. of each. In this article, we take a look at various gold investment options to make the right choice in the festive season. Physical Gold Buying physical gold is one of the easiest ways to invest in the yellow metal. However, you should be cautious while investing in jewellery as its resale value is comparatively lower than gold biscuits and coins. You should also remember that you may need to pay a premium over the prevailing market rate for buying physical gold and when you want to sell it, you may be offered lower rate than the prevailing market rate. Also, physical gold is not safe as there is a risk of theft when you keep it at home. Purity is another big issue with the gold being sold in the market so go only for hallmark certified gold and look for a hallmark stamp of the Bureau of Indian Standards (BIS). Gold ETF Gold ETF are traded on the stock market and you can buy or sell gold in real time during the trading session. You can buy 1 gram of gold to initiate the investment. All your gold ETF investment will safely get deposited in your demat account. You need to pay annual demat charges for holding scrips in it. Transaction charges on buying and selling gold ETF is much lower than what you need to pay in case of physical gold. Click here to get Free Commodity Tips Sovereign Gold Bond (SGB) SGB is a new age gold investment product, introduced by the government as an alternative to physical gold. The gold bonds for investment are available at select post office, designated banks and through stock exchanges. You can keep the investment either in demat form or the paper form. The most lucrative advantage of investing in SGB is that apart from capital gain benefit, you are also entitled to interest on invested amount at the rate of 2.5% p.a. Another important benefit of investing in gold ETF is that if you redeem gold after completion of tenure i.e. 8 years, then the complete long-term capital gain is tax free. You are also allowed to raise loan against SGB by putting it as collateral security. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- we Are Best Stock Advisory In India We provide Commodity Tips, Intraday Calls, Share Market Tips. For More Information contact us at +91-8305596871 or just click the link below and register yourself now. https://goo.gl/y9zQ9b
  6. The broader market was the worst hit with the S&P BSE Smallcap index falling a little over 11 percent and the S&P BSE Midcap index saw a decline of a little over 10 percent in the same period. Click here To know about the Best Stock Advisory India The Sensex might have lost just three percent in the quarter-ended March but nearly 400 stocks in the BSE 500 index slipped up to 62 percent in the same period. Implementation of Long-Term Capital Gains Tax (LTCG) and banking woes domestically, coupled with global trade war fears, geopolitical tensions in West Asia, fall in global liquidity, Fed rate hike as well as rising crude oil prices weighed on sentiment. Apart from global headwinds, aggressive political posturing by opposition parties, led by their victory in the UP by polls, also added to the market worries, experts said. The broader market was the worst hit with the BSE Smallcap index falling a little over 11 percent and the BSE Midcap index declining a little over 10 percent in the same period. Click here to get Free Commodity Tips The larger fall was in individual stocks such as JBF Industries (down 62%), followed by Vakrangee (down 47%), Kwality (down 46%), Hindustan Construction Company (down 45%), Punjab National Bank (down 44%), Unitech (down 42%) and Bank of India (down 39%). --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- we Are Best Stock Advisory In India We provide Commodity Tips, Intraday Calls, Share Market Tips. For More Information contact us at +91-8305596871 or just click the link below and register yourself now. https://goo.gl/y9zQ9b
  7. Oil Prices Bumpy After Western Strikes On Syria Oil prices fell on Monday morning in Asia as markets opened the week cautiously following western air strikes in Syria over the weekend. Crude Oil WTI Futures for May delivery were trading at $66.83 a barrel in Asia at 11:00PM ET (03:00 GMT), down 0.83%. Brent Oil Futures for June delivery, traded in London, were down 1.02% at $71.84 per barrel. Click here To know about the Best Stock Advisory India Shanghai Crude Oil WTI Futures for September delivery were down 0.28% at 424.90 yuan ($67.63) per barrel at 11:00PM ET (03:00 GMT) on Monday. In retaliation for a suspected poison gas attack in Douma on April 7, the U.S., France and Britain launched 105 missiles on Saturday, targeting what they said were three chemical weapons facilities in Syria. Although Syria is not a key oil producer, the wider Middle East is the world’s most important crude exporter and tension in the region tends to trigger concerns that oil supplies will be disrupted. The supply restraint led by the Organization of the Petroleum Exporting Countries (OPEC) and Russia has supported oil markets considerably. OPEC said the global oil inventory surplus is close to evaporating, having shrunk by nine-tenths since the start of 2017 due to the supply cuts and rising demand. However, a rise in U.S. oil drilling activity is putting pressure on oil markets. U.S. energy companies added seven oil rigs drilling for new production in the week to April 13, bringing the total to 815, the highest since March 2015. Click here to get Free Commodity Tips Despite this, healthy demand and conflict in the Middle East continue to prop up prices. OPEC’s pact to reduce crude output runs until the end of 2018 but there is growing confidence that the cooperation will be extended. The group will meet in June to decide on its next course of action. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- we Are Best Stock Advisory In India We provide Commodity Tips, Intraday Calls, Share Market Tips. For More Information contact us at +91-8305596871 or just click the link below and register yourself now. https://goo.gl/y9zQ9b
  8. TDS represents part of Income-tax that is already paid by the assessee, which can be set off against Income tax and balance tax liability to be paid. Taxpayers would surely come across these two common terms - Income Tax and Tax Deduction at Source and get confused while filing their taxes. Under both the scenarios, the government collects taxes. However, the mechanism differs in the computation part. Therefore, before filing tax returns, it becomes necessary for salaried individuals to avoid confusion related to these terms and understand the relevance and implications of the same. Income Tax Income tax refers to a compulsory contribution levied on individual’s personal income as per his/her earning. There are a standard tax slab rates according to which the money gets deducted from your gross income. In other words, it basically refers to the total tax liability on an individual basis his annual taxable income after considering deductions & exemptions determined at the end of Financial Year. Tax Deducted at Source In contrast, TDS represents part of Income-tax that is already paid by the assessee, which can be set off against Income tax and balance tax liability to be paid. ”Necessary adjustment of TDS is done while filing Income Tax return and in case any excess amount is deducted, the same can be claimed as refund," said Agrawal. It is a process through which the government can quickly and efficiently collect taxes. Thus, whatever the INCOME source may be, like income from salary, any commission, professional fee, interest from FD, etc., under the Income-Tax Act it has been incorporated that the process of deducting tax at the point of generation of income, will be known as “Tax Deducted at Source” or TDS. "TDS as the name implies, is a part of your income tax which is deducted by your employer or other deductors while making payment to you and the same is deposited by them with Income Tax department,” said Vaibhav Agrawal, Head of Research and ARQ, Angel Broking. Differences between Income Tax and TDS Income tax and TDS are two forms to collect taxes in a different way. Here are four difference you should look at: => Annual Vs Periodic Income tax: It is paid on the annual income where taxes are computed for a particular financial year. TDS: It is deducted at source on a periodic basis in the particular year. => Direct Vs Indirect Income Tax: The taxpayer determines his liability and makes the payment directly to the government. TDS: It an indirect way of discharging of one’s tax liability where the deductor (Employer, Banks, financial institutions) of taxes facilitates the process of tax recovery for the government. => Gross Income Vs Certain Income Income Tax: The tax is levied on the overall income earned by an individual (assessee) during a financial year. TDS: The income tax law casts an obligation of deducting tax at source only on certain persons making certain prescribed payments. => After Vs Before Income tax: It is levied on all salaried individuals or entities for the income they earned above the prescribed tax limit for that particular time period after a completion of a certain Financial Year. TDS: The entire process of tax deduction and payment results in an obligation to pay taxes even before the taxpayer receives the income. “One may REcall TDS as a provision was introduced into the statute as a mechanism to check instances of tax evasion,” said Archit Gupta, Founder & CEO ClearTax. What if tax gets deducted but salary is not taxable? TDS is the amount that is deducted at certain specified rates by a person making certain specified payments to the taxpayer. Such amount deducted is subsequently paid to the credit of the central government by the deductor. In the event tax that is deducted at source exceeds what the income tax that the taxpayer is required today during the financial year, he or she may claim a refund of such TDS by filing his return of income. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- we Are Best Stock Advisory In India We provide Commodity Tips, Intraday Calls, Share Market Tips. For More Information contact us at +91-8305596871 or just click the link below and register yourself now. https://goo.gl/y9zQ9b
  9. Oil Prices Rebound But Fears Of Trade War Loom Over Markets Oil prices inched back up on Monday morning in Asia after a drop last Friday amid rising fears of an intensifying trade war between the world’s two biggest economies. Crude Oil WTI Futures for May delivery were trading at $62.27 a barrel in Asia at 11:00 PM ET (03:00 GMT), up 0.34%. Brent crude futures for June delivery, traded in London, were up 0.40% at $67.38 per barrel. Concerns of an intensifying trade dispute between the U.S. and China have been weighing on oil markets, with U.S. President Donald Trump threatening to impose new tariffs on China. On Thursday, he said he had ordered U.S. trade officials to consider an additional $100 billion in tariffs on China. Meanwhile, China has increased tariffs by up to 25% on 128 U.S. products. Chinese markets were closed last Thursday and Friday due to public holidays. Shanghai Crude Oil WTI Futures played catch up on Monday, dropping 0.57% at 11:00 PM ET (03:00 GMT) to 400.00 yuan ($63.40) per barrel for September delivery. Escalating tensions between the U.S. and China could hurt global growth. There are also fears that China if pushed hard enough, would impose a tax on U.S. oil imported into China. Oil servicing companies, which have only recently started recovering from years of crisis as the industry deferred spending on new production due to low prices, would be hit particularly hard. China has also taken its first steps towards paying for imported crude oil in yuan instead of the U.S. dollar. As the biggest importer of crude oil and the world’s largest energy consumer, China’s oil demand is a key determinant of global oil prices. The yuan-denominated oil futures are also expected to give China more power in pricing crude sold to Asia. In the U.S., drillers added 11 rigs looking for new products in the week to April 6, bringing the total count to 808, the highest level since March 2015. This indicates more U.S. crude output to come. Overall, oil prices remain supported by healthy demand and the supply restraint led by the Organization of the Petroleum Exporting Countries (OPEC) and Russia. we Are Best Stock Advisory In India We provide Commodity Tips, Intraday Calls, Share Market Tips. For More Information contact us at +91-8305596871 or just click the link below and register yourself now. https://goo.gl/y9zQ9b
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