TRADE the PRICE

THE VERY FUNDAMENTAL ASSUMPTION OF STOCK INVESTMENTS (for that matter any investments) ARE TO MAKE MONEY WITH SUITABLE PORTFOLIO OVER A PERIOD OF TIME. MANY RETAIL INVESTORS QUITE OFTEN FAILED TO RECOGNIZE THE BASIC RISKS INVOLVED AND ALSO IGNORE THE FUNDAMENTAL RULES TO BE STRICTLY FOLLOWED TO MAKE MORE MONEY FROM THE STOCK MARKETS.

Ace Investor Ideology:
Every Investor bestowed with equal opportunities to make lots of money from stock market investments provided the right approach to markets like an institutional investor does. No matter how big or small money available for investments, doesn't matter whether BUY a small-cap, mid-cap or Large-cap but the approach to investments in markets makes a person rich or multi-millionaire.

Most of the stock market retail investors follow their legendary investors stock investments. It is not wrong to follow a successful investor's ideology but what matters most is the suitability to one's needs and requirements. So always understand the concepts of an Ace Investor strategy & sector allocation then develop a workable strategy that suits well but don't just follow blindly.

Who Rules...?
The Stock price action gets activated from Low to High and High to Low due to a determined tussle between BULLs & Bears that enables smooth transfer/exchange of VOLUME to acquire/offload the stock. During good times BULLs command the most, while BEARs take charge when gloominess runs but the underlying attraction point that turn tables is neither Bulls nor Bears but the PRICE. The STOCK PRICE attracts the interested parties to become BULLS or BEARS to command and enjoy the future returns. The possibility and future prospects propel the participants to decide their position and sustain their view till the PRICE reaches its realistic value.
Trade the Price:
Stock trading/investments open the doors of opportunities to many players like Day-traders, Swing traders, Positional traders, retail/small investors & Institutional investors..etc with a bouquet of investment opportunities in different companies in various sectors. The growth stocks always build their strong base during the times of bad periods/recession time and emerge as winners and find pinnacle place as tide turns their favour with a tag as most sought/favoured stocks. It is always advisable to "Trade the Price" to make more money from markets even in multi-bagger stocks once the valuations reach very high. In case the overall market take a Southward journey, these counters also deserve a trade but don't exit from the stock. This situational position sizing and building the portfolio is very important to enjoy long-term multifold returns. (Ex: Recently Rakesh Jhunjhunwala sold Delta Corp at Rs 160+ levels range and re-entered @ Rs105+)

Build Capacity to Hold:The capacity to hold with large quantities for a reasonable period makes a big difference in enjoying the multi-bagger stocks upward journey. Many seasoned investors know that the Elliot principle plays a big role and most retail investors get out of the stock during the first leg of the up move or in the retracement levels.

Many successful investors who learned hard lessons from their experiences shared the importance of Position sizing. Their initial investment experiences are bitter to digest and some blew their accounts with an anticipation to make HUGE profits in short period, turned sour. The psychological exuberance while buying blue-chips and excitement to hold large quantities of quality stocks for multi-bagger returns encouraged them to ignore current high valuations. All the more, got trapped in LEVERAGE loop, find it hard to hold for a longer period during the downfall forced them to exit for a loss or nominal profits from that possible multi-bagger counters. These experiential situations are common to many investors.
MULTI-BAGGER INVESTMENT STRATEGY:
NO-DOUBT, STOCK-MARKETS ARE ONE OF THE BEST AVAILABLE AVENUES FOR INVESTMENTS TO SMALL INVESTORS TO LARGE INSTITUTIONAL PLAYERS. THE STOCK-MARKET INVESTMENTS MADE IN MULTI-BAGGER COMPANIES, MANY A TIMES REWARD INVESTORS WITH MANY FOLD RETURNS TO THOSE WHO “SPOT THE RIGHT OPPORTUNITY AT THE RIGHT PRICE” AND POSITION THEIR INVESTMENTS ACCORDINGLY.

The multi-bagger companies carry a unique business model with high-end products&services and less competition "Buyer Requests & Seller Demands" mode.Ex: 8K Miles (Rs 18 Low in 2012,Rs 2550 High in 2016)

Once, a well-established company ran into doldrums with underutilized capacities, later get a new drive, turn-around story with better economic prospects to garner the unfolding opportunities. Ex: INDO COUNT INDUSTRIES (Rs 5.0+ Low in 2012,Rs 1248+High in 2016)

• Management rejuvenates their entire team with positive energies to increase revenue and profitability with 20-35% QoQ growth.
• The stock hardly falls from the consolidated floor price range gained in its upward journey

Conclusion: There are many good stocks available in Indian stock markets to become multi-baggers in next 3-5 Yrs. It is very important to identify good stocks to BUY and Hold, but at right price is even more important.

Rs 2.5 TRILLION DEFENCE ORDERS!!

Manohar Parrikar says orders worth Rs2.5 trillion placed for modernization of defence sector

Defence minister Manohar Parrikar says defence budget is currently about 1.65% of GDP and he would like it to be 3% but it wouldn’t happen overnight

New Delhi: Defence minister Manohar Parrikar on Friday said that orders worth nearly Rs2.5 trillion have already been placed to modernize defence forces under his tenure and this figure would soon touch Rs3 trillion.

 Speaking at the Hindustan Times Leadership Summit, Parrikar said there was a backlog of defence orders worth Rs583,000 crore, some of them pending for over 10-12 years. 

 He said many of these are being cleared but he cannot order as per will as defence budgets are to be taken into consideration. Typically anything brought has costs spread over 5-7 years or more. 

 The military budget is currently about 1.65% of the gross domestic product and Parrikar said he would like it to be 3%, but he conceded it would not happen overnight. 

 India has become the world’s fourth largest spender on defence, following a 13.1% increase in its 2016-17 defence budget, according to US research firm IHS Inc. 

 India’s rise in the rankings from sixth position last year is a result of an increase in expenditure to $50.7 billion, combined with cuts to military spending by Russia and Saudi Arabia, where low oil prices have put considerable strain on their finances. 

 According to a report released by PricewaterhouseCoopers Pvt. Ltd, India ranks among the top 10 countries in the world in terms of its military expenditure and import of defence equipment—only 35% of defence equipment is manufactured in India, mainly by public sector units. 

  Parrikar said his target is to bring greater synergies and understanding between the armed forces and defence ministry over the next six months in matters related to procurement and what is required by the forces.

 The defence minister also said that the surgical strikes in Pakistan-occupied Kashmir by the Indian Army had introduced a "principle of uncertainty" in the minds of the adversary and did not rule out more such strikes. 

  “The surgical strikes have introduced a degree of uncertainty... obviously, uncertainty itself creates decision-making bottlenecks. You will never know them,” the defence minister said. “It was a continuous insult to be treated like this... Someone comes, hits us and we can’t do anything.”

 Asked if India could carry out more surgical strikes, Parrikar said the “principle of uncertainty” should be allowed to operate. “It will be beneficial to all of us.” 

 On an attack in Nagrota that left seven soldiers dead on Tuesday, Parrikar said it was obvious that “some sort of lethargy” had set in over a period of time and it was “painful to see soldiers die.” 

 "We have to thing out of the box," Parrikar said on how to secure our military installations from more terrorist attacks. He said help of agencies like DRDO was being taken. DRDO has been asked to look into various kinds of high tech fencing.

=================

http://www.livemint.com/Politics/EpJSaDBGYECi221Ul4OYqL/Manohar-Parrikar-says-orders-worth-Rs25-trillion-placed-for.html

GDP grows 7.3% in Q2 on rise in farm output

NEW DELHI, NOVEMBER 30:  

Aided by a bump up in agricultural growth, the economy grew at a higher-than-expected 7.3 per cent in the second quarter. This is higher than the 7.1 per cent growth recorded in the previous quarter.

The latest second-quarter GDP growth was, however, much lower than the 7.6 per cent growth in the same quarter last fiscal.

Agricultural output growth came in at 3.3 per cent for the quarter under review against 2 per cent in the same quarter last fiscal. The first quarter had seen a agricultural growth of 1.8 per cent.

Manufacturing growth slowed to 7.1 per cent against 9.1 per cent in the first quarter, mining was down 1.5 per cent against a 0.4 per cent fall in the first quarter. Construction was up 3.5 per cent (1.5 per cent).

In services, the ‘trade, hotels, transport and communication’ group was up 7.1 per cent, while financing rose 8.2 per cent. Public administration and defence was up 12.5 per cent.

Today’s GDP numbers do not reflect the effect of the Modi-led government’s sudden demonetisation move of November 8. The impact of demonetisation is widely expected to hit economic growth in the third quarter. The decline in economic activity is expected to lower corporate sales volumes and cash flows, according to experts.

Moody’s Investors Services said the recent demonetisation move would weigh on GDP growth for a few quarters, dampening government revenues.

Fiscal deficit

The Centre's fiscal deficit for the April-October period came in at ₹4.2 lakh crore against ₹4.1 lakh in the same period last year. This reflects 79.3 per cent of the annual target of ₹5.34 lakh crore.

Revenue deficit for the period stood at ₹3.28 lakh crore (₹2.87 lakh crore in the same period last year).

http://www.thehindubusinessline.com/economy/economy/article9402420.ece?homepage=true

========

THE FUTURE TWO-QUARTERS WILL SEE TEPID GROWTH AS HEAD-WINDS FROM US-FED AND DEMONITISATION AFFECTS.

THE CORPORATE CAPEX/EXPANSION PLANS ARE SLOW AND THE RECOVERY HAPPENED IN STEEL DUE TO ANTI-DUMPING MEASURES AND CEMENT GROWTH DUE TO ROAD/HIGHWAY CONSTRUCTION WORKS.

Sharon Bio-Medicine

Broker’s call: Sharon Bio-Medicine (Buy)

December 8, 2014:  

IndiaNivesh Sec

Sharon Bio-Medicine (Buy)

CMP: ₹50.60

Target: ₹140

USFDA approval — a key near term trigger: Sharon Bio-Medicine (SBML)

 has completed the capex of ₹90 crore at its Uttarakhand formulation 

facility. SBML received the UKMHRA approval for existing as well as 

expanded facility. The USFDA inspection is expected to happen anytime 

soon. The positive outcome would enable SBML to start selling in the US 

market on considerable scale. This would also enhance profitability of 

SBML. However, given the uncertain nature of review of USFDA 

inspection, we have not yet built any upside from business in US market

 from this facility.

The stock has corrected by 40 per cent in the past three months on absolute basis. Though the business continues to be normal and stock has become attractive in terms of valuation, we suggest investors to wait for the results of key near-term trigger — USFDA inspection and its subsequent assessment to review the investment decision. At CMP, the stock is trading at 5.2x FY15E EPS of ₹9.9 and 3.7x FY16E EPS of ₹13.9. Currently, we maintain our estimates and continue to value SBML at 10x FY16E earnings to arrive at the price target.(This article was published on December 8, 2014)http://www.thehindubusinessline.com/markets/stock-markets/brokers-call-sharon-biomedicine-buy/article6673433.ece

===============

THE STOCK IS SLIDING AND THE FINANCIALS ARE BLEEDING BUT DESERVES A WATCH, MAY SEE UPMOVE AFTER JUNE RESULTS-2016

RENEWABLE ENERGY- PROMINENCE !!

India, China led investments in renewable energy in 2015: UN
Press Trust of India/United Nations 26 Mar 16 | 01:02 PMIndia and China led developing countries in investments made in renewable energy in 2015, when for the first time commitments in solar, wind and other renewables capacity by emerging economies surpassed those by wealthy nations, a UN-backed report has said.The report 'Global Trends in Renewable Energy Investment 2016' by the UN Environment Programme said the developing world including China, India and Brazil committed a total of $156 billion in new renewable capacity last year, up 19% on 2014.Investments by developed countries were down 8%in 2015 to $130 billion.The year 2015 was the first time when investment in renewables in developing countries outweighed that in developed economies, the report said.A large part of the record-breaking investment in developing countries took place in China, which lifted its investment by 17%to $102.9 billion, more than a third of global commitments.India was also among the top 10 investing countries in renewable energy, with its commitments rising 22% to $10.2 billion.The US, Japan, UK Brazil, South Africa, Mexico and Chile all made it to the top 10 investing countries in 2015."The investment (in India) took place against a backdrop of pro-renewable policies introduced by India's BJP government. These include a target to almost- triple wind capacity to 60 GW by 2022," the report said.Within the developing-economy category, the "Big Three" of China, India and Brazil saw investment rise 16 %to $ 120.2 billion, while other developing economies enjoyed a 30 %bounce to $ 36.1 billion.Among developed countries, investment in Europe was down 21%, from $62 billion in 2014 to $48.8 billion in 2015, the continent's lowest figure for nine years despite record investments in offshore wind projects.The US was up 19%to $44.1 billion, and in Japan investment was much the same as the previous year at $36.2 billion.The report said India enjoyed a second successive year of increasing investment, breaching the $10 billion for the first time since 2011.It added that the highlight of India's performance in 2015 was a jump in utility-scale solar financings to $4.6 billion, up 75%on the previous year, although still a little below the 2011 record of $4.9 billion.Among the big projects getting the financial go-ahead were the NTPC Kadiri PV plant phase one, at 250 MW, and the Adani Ramanathapuram PV installation, at 200 MW.

http://smartinvestor.business-standard.com/market/Marketnews-374583-Marketnewsdet-India_China_led_investments_in_renewable_energy_in_2015_UN.htm#.VvZJRvl9600

FALCON TYRES LOST GLORY!!!

Ruia group loses grip on Falcon Tyres

PRATIM RANJAN BOSE, 

KS BADRI NARAYANAN

Stake falls to 2.12% after ICICI Bank invokes most shares pledged by a Ruia offshore armKOLKATA/CHENNAI, JANUARY 14:  Kolkata-based Pawan Kumar Ruia group has lost control of Falcon Tyres, which it had acquired 10 years back.The Ruia group had got a controlling stake in Falcon Tyres in December 2005 through an offshore deal.As on the end of September 2014, the Ruia group had a 31.62 per cent stake in Falcon, which has considerable presence in the two-wheeler tyre segment.According to a stock market notification of January 8, the Ruia group has lost control of Falcon as ICICI Bank has invoked 29.5 per cent of the 30.35 per cent shares that the Ruia group’s Mauritius-based Dim Rim and Wheel had pledged with the lender.The Ruia group now holds just 2.12 per cent in Falcon.While the stock market notification does not elaborate on the ownership status of Falcon, sources say ICICI Bank is now the de facto owner.Neither ICICI Bank nor the Ruia group offered any comment.ICICI Bank Singapore had lent $85 million to Wealthsea, a Mauritius-based investment arm of the Ruia group so that Dim Rim and Wheels could put through the Falcon buy.As part of the re-financing deal, the shares of Falcon were pledged with ICICI Bank. According to sources, the Ruias planned to repay ICICI Bank by selling the properties of Dunlop, which the group had acquired. But that did not happen as a court barred sale of Dunlop properties. Wealthsea defaulted, and ICICI Bank took it to liquidation, in the second half of 2014. The Ruia group did not contest the decision, triggering a chain of events, including the invoking of the pledged Falcon shares.Settlement soon?According to SEBI takeover regulations, any change in ownership or acquisition of over 25 per cent should trigger an open offer to the existing shareholders. But ICICI Bank is yet to make any announcement on Falcon.Sources, however, say the bank is in fresh negotiations with the Ruia group for settlement of dues and return of the Falcon shares. The total dues (including penal interests) now stand at nearly double the principal loan amount ($85 million).Sources close to the Ruias claim the group enjoys the support of corporate bodies, which together own 63.79 per cent in Falcon.Among the public shareholders, Suncap Commodities, Regus Impex and Salputri Commerce hold 56 per cent. A settlement, if it comes through, would require the Ruia group to raise fresh finances.Meanwhile, uncertainty is taking a toll on Falcon. While the turnover is down to ₹18 crore in the September quarter from ₹126 crore in January-March 2014, the company’s accumulated losses for the first half of this fiscal are close to ₹20 crore.(This article was published on January 14, 2015)

http://www.thehindubusinessline.com/companies/ruia-group-loses-grip-on-falcon-tyres/article6789458.ece

ECONOMIC REVIVAL, RURAL DEMAND AND 82000 Cr

Housing for all gets Rs 82,000 cr boost

By KA Badarinath Mar 24 2016 , New Delhi

Tags: Policy

Govt to use socio-economic data to spot beneficiaries

The central government’s ambitious ‘housing for all by 2022’ plan got its most major boost on Wednesday. The Union cabinet gave its green signal to prime minister Narendra Modi’s pet initiative to build one crore pucca houses in rural India with an investment of Rs 82,000 crore in the next three years.

Briefing newsmen, communications minister Ravishankar Prasad said all poor people — below or above poverty line — without houses or those living in dilapidated houses, would be eligible for financial assistance under the pradhan mantri awaas yojana (PMAY).

Huge investment planned for rural housing is expected to give a big boost to the construction industry, 250 other ancillary industries, generate millions of semi-skilled and unskilled job opportunities, apart from spreading transport services in rural areas.

The government expects that houses for rural poor would positively impact education and health apart from nutrition, sanitation and over all economic security.

President Pranab Mukherjee in his address to Parliament on May 2014 gave the first hint of government’s resolve to provide houses for all by 2022 with water, electricity, sanitation and access to public services.

Finance minister Arun Jaitley followed up this address with an action plan in his budget for 2014-15.

Under the project, rural houses would be built across the country, barring Delhi and Chandigarh, where the cost would be shared between the Centre and states in the ratio of 60:40.

In northeastern states and hilly areas, the Centre will pay for 90 per cent of the construction costs, while 10 per cent cost would be borne by states. Hitherto, Indira awaas yojana, under which assistance up to Rs 75,000 per household was available, would now be subsumed into the PMAY. Under the earlier scheme, about 351 lakh houses were built with an investment of over Rs 100,000 crore.

Under PMAY, Rs 1.2 lakh would be provided as assistance to those seeking to build houses on plains. This amount will be enhanced to Rs 1.3 lakh per family in inhospitable terrain and hilly areas. Apart from budgetary funds, additional finances worth Rs 21,975 crore will be mobilised through Nab­ard to be amortised through annual budgets after 2022.

The government will use socio-economic and caste census data of 2011 to identify rural beneficiaries for houses under the project. It will also set up a technical su­pport agency to ensure that one crore houses are constructed. To ensure transparency, the government plans to get the list of beneficiaries vetted by gram sabhas. Village panchayats will offer reasons for any changes made to this list.

badarinath@mydigitalfc.com

http://www.mydigitalfc.com/policy/housing-all-gets-rs-82000-cr-boost-065
badarinath@mydigitalfc.com

ROAD PROJECTS- HUGE MONEY...!!

‘Cable Car’ from Delhi’s Dhaula Kuan to Gurgaon soon, says Nitin GadkariUnion Road Transport and Highways Minister Nitin Gadkari on Tuesday said that a cable car facility would soon be in place from Delhi's Dhaula Kuan to Gurgaon's Manesar. The work on the project will be started hopefully this year, he said.By: IANS | New Delhi | March 9, 2016 9:51 AM

Union Road Transport and Highways Minister Nitin Gadkari on Tuesday said that a cable car facility would soon be in place from Delhi’s Dhaula Kuan to Gurgaon’s Manesar. The work on the project will be started hopefully this year, he said.

Nitin Gadkari also announced a Metrino Personal Rapid Transit System in Gurgaon from Delhi-Haryana border to Rajiv Chowk and Sohna road (Badshahpur Chowk) as a pilot project, and its detailed project report (DPR) of this project has been prepared at a cost of Rs.980 crore.

In his address at the valedictory session of the ‘Happening Haryana Global Investors’ Summit 2016 here, he also said that nine National Highways costing Rs 8,000 crore have already been announced for Haryana, while the state would have its first waterway from Palla in district Sonepat to Wazirabad in Delhi.

He announced that the work on Delhi-Jaipur Expressway would be started by the end of this year, and the Rs.18,000 crore will have a 70-km-long Haryana stretch, while a Delhi-Amritsar-Katra Expressway would be constructed and the Rs.45,000 crore expressway would also pass through the state to a length of about 170 km.

He also said construction of bypasses in Gurgaon linking National Highway-236 (Mehrauli-Gurgaon) with NH-8 and link between NH-8 (near Ambience Mall) and NH-236 (Mehrauli-Gurgaon road) to decongest NH-8 and Gurgaon city. Apart from this, he also announced that a sum of Rs.160 crore would be spent on the improvement of the junction near the Ambience Mall.

Gadkari announced that Rs.285.57 crores would be spent on the improvement of the junction at Rajiv Chowk, Gurgaon on Delhi-Gurgaon Expressway, Rs,263.41 crores on the improvement of junction at Signature Chowk in Gurgaon and Rs.386.34 crores for improvement of junction at IFFCO chowk.

He said that the westerly bypass of Kundali-Manesar-Palwal Expressway (KMP), would be completed within 343 days and greatly reduce the traffic and pollution of Delhi.

http://www.financialexpress.com/article/india-news/cable-car-from-delhis-dhaula-kuan-to-gurgaon-soon-says-nitin-gadkari/221159/

Shipping and Ports sector- A BOOM TIME...!!

Maritime sector to create 1 cr jobs in 5 yrs: Nitin Gadkari
The shipping and ports sector is poised to generate 1 crore jobs in 5 years as the government is committed to according it high priority, Union Minister Nitin Gadkari today said.
By: PTI | New Delhi | March 9, 2016 9:14 PM

Nitin Gadkari said manufacturing sector contributes 20-24 per cent to India’s GDP but its growth has been hindered by high logistics cost. (PTI)The shipping and ports sector is poised to generate 1 crore jobs in 5 years as the government is committed to according it high priority, Union Minister Nitin Gadkari today said.Projects worth 1.2 lakh crore have already been lined up for the Maritime India summit next month with a likely participation by 57 nations, he said.“India offers immense investment opportunities in the maritime sector. Prime Minister Narendra Modi has said growth of ports is instrumental in development of a nation. Unfortunately our maritime sector occupies the last place in globe but government has accorded top most priority to develop it,” the Road Transport, Highways and Shipping Minister Gadkari said.“This sector will create 40 lakh direct and 60 lakh indirect employment in next five years,” he said at the media launch of upcoming Maritime India Summit scheduled from April 14 to 16 in Mumbai.Nitin Gadkari said manufacturing sector contributes 20-24 per cent to India’s GDP but its growth has been hindered by high logistics cost.“We are set to address the issue by promoting water transport as logistics cost is 18 per cent in India as compared to barely 8-10 per cent in China and 10-12 per cent in European countries. Sending material to London from Mumbai is easy and less expensive as compared to dispatching it to Delhi,” he said.The government’s top priority is to develop waterways and ports to reduce the high logistics cost as while it costs Rs 1.5 a km to carry the cargo from road, the same stands at rupee one from rail while through waterways it reduces to only 25 paise a km, he said.The minister said maritime holds immense potential as India with its long coastline of 7,517 km and inland waterways of 14,500 km had vast untapped opportunities.“We have already identified projects worth Rs 1.2 lakh crore for maritime investment summit,” the minister said.Besides government has lined up huge projects under its Sagarmala initiative for port-led development of the country.Gadkari said government has identified over 150 projects under its ambitious ‘Sagarmala’ initiative. The government earlier has said that these 150 projects will mobilise more than Rs 4 lakh crore investmentThe Minister said three new major ports were also on the anvil at a cost of Rs 21,500 crore that include a greenfield port in Maharashtra with an investment of Rs 10,000 crore, another in Tamil Nadu with an expenditure of Rs 7,000 crore and one in West Bengal at an estimated cost of Rs 4,500 crore under PPP mode.Providing details of port augmentation projects, Gadkari said work has already been started on 27 projects worth Rs 12,700 crore to add a capacity of 116 million tonne per annum.Gadkari said these included Rs 2,087 crore project at JNPT, Rs 1,633 crore project at Paradip, Rs 811 crore project at Mumbai, Rs 263 crore project at Kandla, Rs 3,500 crore project at Kolkata port and Rs 425 crore project at Ennore.Besides, he said work on 15 projects worth Rs 6,700 crore would be started before March 31.In addition, he said, 32 projects worth Rs 4,651 crore had been completed and resulted in augmenting ports capacity by 70 MTPA.Another set of 46 projects worth Rs 28,040 crroe would result in augmenting the capacity of India’s major ports by 360 MTPA, he said.The minister said apart from converting 111 rivers across the country into waterways, the agenda including developing smart cities at major ports.He said 1,620 Km stretch on Haldia-Varanasi on Ganga was being developed and tenders were out for projects worth Rs 4,000 crore.“We will begin work before March 31 on these,” he said and added that stress was being laid on movement of coal to 13 power projects.Efforts are also on to reduce the turnaround time of the ships.Also on the priority is development of coastal areas in 13 states which will benefit 10 lakh fishermen, he said adding, the government planned low cost housing and other initiatives for them.Gadkari said development of shipping sector along with highways will contribute at least 2 per cent to India’s GDP.

http://www.financialexpress.com/article/industry/jobs/maritime-sector-to-create-1-cr-jobs-in-5-yrs-nitin-gadkari/221642/

Budget-2016, sectors get benefited...!!!

Budget — sectors that will benefit   ANISH DAMANIA

The top gainers are oil and gas, fertilisers and pesticides, cement, autos and construction

The Budget has provided the much-needed income boost to both the rural and urban consumer, while sticking to a fiscal deficit target of 3.5 per cent. While this translates to lower borrowings, aiding some easing of interest rate expectations, the income boost is expected to help the domestic consumption story. Since there were hardly any expectations from the Budget, the stock market also reacted very positively.
The top beneficiaries of this Budget are oil and gas, fertilisers and pesticides, cement, autos and construction sectors.
Tax collection assumptions are very conservative at 11.2per cent growth but targets for non-tax receipts like spectrum fees and divestment are ambitious. Tax collections, including that from the amnesty scheme, may surprise on the upside and may cover shortfall arising from spectrum auctions and disinvestment targets, if any.
Allocation of funds
Considering OROP (one rank one pension) and the Seventh Pay Commission burden and a tighter fiscal target, the government has come up with prudent allocation of funds for expenditure. Non-Plan expenditure growth is capped at 9.2 per cent while Plan expenditure is expected to grow 15.2 per cent.
Central plan outlay is pegged to grow 21 per cent. Rural schemes, social welfare and transport would see an increase of 28 per cent in outlay.
The increase in service tax on account of imposition of the Krishi Kalyan tax by 0.5 per cent is expected to have a negative impact on the services sector and, in turn, impact the consumers. However, the income boost will more than compensate for the increase in service tax.
On specific changes
a) Exemption from dividend distribution tax (DDT) made by a SPV (special purpose vehicle) to business trust is a huge positive for the business and investment trusts, as it will be able to free up capital for the corporates.
b) Proposal to levy an infrastructure cess of 1 per cent on small petrol, LPG, CNG cars, 2.5 per cent on diesel cars of certain capacity and 4per cent on other higher engine capacity vehicles and SUVs is a negative for the auto industry, but positive for the gas distribution companies as a higher cess on diesel cars will accelerate the conversion to cars running on natural gas.
c) Renegotiation of PPP contracts and early resolution of infra disputes; comprehensive bankruptcy code for financial firms to be tabled in Parliament in FY17; FDI of 49 per cent in insurance under the automatic route; sops for affordable housing, including tax deduction of additional interest of ₹50,000 for housing loans of ₹35 lakh and property value up to ₹50 lakh; increase in FDI for ARCs to 100 per cent and keeping the fiscal deficit at 3.5per cent of GDP in FY17 — all augur well for the beleaguered financial sector.
d) Digitigation of national land record under the ‘Digital India Initiative’ will be implemented from April 1 with an investment of ₹1,500 crore by way of expanding e-assessments to all assessees in seven mega cities in the coming years. ‘e-Sahyog’ is to be expanded to reduce compliance cost, especially for small taxpayers. This will not only benefit the IT companies but bring in a huge reform in the land holdings and land titles.
e) Fertiliser subsidy allocation of ₹70,000 crore, pilot project for fertiliser subsidy direct benefit transfer (DBT), reduction in excise duty on micronutrients from 12.5 per cent to 6 per cent and an increase in allocation for agriculture and irrigation — ₹47,900 crore versus ₹26000 crore in FY16 — augur well for the fertiliser and pesticide industry.
f) Increase in excise duty on cigarettes by 10 per cent is a negative for cigarette manufacturers which have been suffering from declining volumes over the past few years.
A levy of 1 per cent tax on jewellery might be marginally negative for jewellery companies.
g) Proposed reduction in the benefit of deduction for amount incurred on R&D from 200 per cent to 150 per cent with effect from April 2017 and 100 per cent wef April 2020 could marginally affect the pharma industry.
Net-net it was a pragmatic Budget and has addressed the single largest concern of growth in the economy.
The writer is Co-CEO, IDFC Securities
(This article was published on March 6, 

2016) http://www.thehindubusinessline.com/portfolio/technically/budget-sectors-that-will-benefit/article8320870.ece?homepage=true

STOCK MARKETS OVER A DECADE- A GLOBAL ACTION!!

IT IS VERY IMPORTANT TO UNDERSTAND THE GLOBAL ACTION IN PLACE WHILE ATTEMPTING TO INVEST IN THE MOST PROMISING COUNTRY LIKE INDIA. 

THE ECONOMIC GROWTH RATE IN INDIA TO SURPASS 10% OVER NEXT 5 Yrs FROM CURRENT 7% WITH THE KIND OF REFORMS IN PLACE AND HUGE FOREIGN DIRECT INVESTMENTS IN INFRA AND POWER MAY TRIGGER THE MUCH NEEDED RIGHT KIND OF STIMULUS DESPITE GLOBAL UNCERTAINTIES. THIS INTURN GENERATE HIGH CORPORATE PERFORMANCE THAT MAY TAKE NIFTY TO NEW HIGHS IN NEXT 2-3 Yrs.

• 

AS SHARP DECLINE FROM 8333 TO 6825 HAS TAKEN AWAY THE STRENGTH STORED IN NIFTY FOR A SERIOUS UPMOVE ABOVE 8080. NOW UPSIDE CAPPED CONSOLDATON IS ON THE CARDS.

THE ABOVE ILLUSTRATED MONTHLY CHARTS SHOW THAT FURTHER FALL CAN BE EXPECTED UPTO 6500-6600 REGION. THE LONG-TERM PROSPECTS SAFE, SO THE BULLS DOMINANCE IS IN FORCE, SO IS THE UPMOVE WITH REASONABLE TIME WISE AND PRICE WISE CONSOLIDATION.

NIFTY ENJOYED A DECENT CONSOLIDATION BETWEEN 4770 ON 04-06-2012 AND TOUCHED A HIGH OF 6112 ON 28-01-2012, THEN NIFTY TOUCHED A LOW @ 5119 ON 26-8-2013 ON WEEKLY CHARTS, THEN TOOK A BIG LEAP AND CONTINUED THE UP MOVE TILL IT TOUCHED ALL TIME HIGH OF 9119 ON 02-03-2015, THIS UP MOVE JOURNEY CARRIED FOR 80 WEEKS AND PRESENTLY ON CONSOLIDATION ACTION!

WHEREAS, SENSEX TOUCHED 15810 ON 14-05-2012 ON WEEKLY CHARTS AND CONTINUED THE UP MOVE 80 WEEKS TILL ALL TIME HIGH OF 30025 REGISTERED ON 02-03-2015, 

THE FOLLOWING CHARTS PROVIDE SOME IN-SIGHTS TO UNDERSTAND THE GLOBAL STOCK MARKETS ACTION IN DEVELOPED COUNTIES LIKE USA, GERMANY, UK, FRANCE, JAPAN AND HONGKONG.

THANKS TO DATA/CHART PROVIDERS WHO MADE THE HISTORY VISIBLE TO VIEW AND PREDICT/PROJECT  FUTURE COURSE OF ACTION.

https://www.linkedin.com/pulse/article/stock-markets-over-decade-global-action-nageswara-rao-bammidi/edit?trk=pulse-art-edit_btn

BUDGET=2016-17, INDIA on GROWTH PATH...!

Home » PoliticsLast Modified: Mon, Feb 29 2016. 06 40 PM IST

Highlights of Union budget 2016-17

Here are the key highlights of finance minister Arun Jaitley’s Union budget 2016-17 speech

Photo: Reuters

Finance minister Arun Jaitley presented Union Budget 2016-17 in Parliament on Monday. Here are the key highlights of his speech:•Cabinet approves Union Budget for 2016-17•We believe in the principle that money with the govt belongs to the people: Arun Jaitley•We must strengthen firewalls against risks through structural reforms, rely on domestic market so that growth does not slow down: 

Jaitley•We had to work in an unsupportive global environment and obstructive political atmosphere: Jaitley•CPI inflation was 9.4% in the last 3 years of previous government. It has come down to 5.5% now: FM•Indian growth is extraordinarily high; we converted difficulties and challenges into opportunity: FM•Growth has accelerated to 7.6% in 2015-16 notwithstanding contraction of global exports: FM•Current account deficit has declined to $14.4 billion this year, will be 1.4% of gross domestic product (GDP) at the end of fiscal: FM•The risk of global slowdown is mounting, complicating economic management for India: FM•We see these challenges as opportunities•FY17 will cast an additional burden due to One Rank One Pension, Seventh Pay Commission recommendations•We wish to provide for recapitalization of banks•

Focus to pass GST and bankruptcy code•Three major schemes to help underprivileged: Pradhan Mantri Fasal Yojana, health insurance scheme, launching initiative to ensure LPG connection for BPL families•Key points to look forward to: Incentivize gas discovery and exploration of gas, dispute resolution in PPP projects, banking sector reforms•Govt will undertake nine-point reforms including steps to ensure ease of business in governance, fiscal discipline to ensure benefits for peopleAgriculture and farmers’ welfare:•Look to double farmer income by 2020•Govt will reorient interventions in farming sector; we need to optimally utilize water resources•28.5 lakh hectares will be brought under irrigation•

A dedicated irrigation fund with Rs.20,000 crore under Nabard•Major programme for sustainable groundwater management•Govt to set apart Rs.412 crore to encourage organic farming•Access to market is critical for farmers•Implementing Pradhan Mantri Gram Sadak Yojana as never before—scheme to be allocated Rs.19,000 crore in FY17; Rs.27,000 crore in total—to advance completion target to 2019 from 2022•To support farmers after calamities, special focus has been given to ensure timely flow of credit, target is Rs.9 trillion in FY17•We have to ensure benefit of minimum support price reaches all parts of country—remaining states will be encouraged to take up decentralized procurement, effective arrangement of pulse procurement•

E-market portal for connecting breeders and farmers•Visible rise in yield of honey•90% of domestic honey is now exported•Allocation of Rs.35,984 crore for farm sector: FMRural areas:•Cluster-facilitation teams under MGNREGA to optimize water resources•Rs.38,500 crore allocated for MNREGA in 2016-17, the highest ever if entire amount is spent•As of 1 April 2015, 18,542 villages were not electrified—as on 23 Feb 2016, 5,542 villages have been electrified•2.87 trillion to be given grant-in-aid for gram panchayats and municipalities; it is quantum jump of 228%•Govt committed to achieve 100% village electrification by 1 May 2018•We need to spread digital literacy in rural areas—plan to launch digital literacy mission for more than 6,000 households in rural areas•Modernization of land records essential—to be implemented as a central sector scheme•Govt to develop 300 ‘rurban’ clustersSocial sector•To embark on scheme to provide LPG connections in womens’ names•Gratitude to 75 lakh households that have given up LPG subsidies•Almost 2.2 lakh new patients of end-stage renal diseases get added in India every year•Propose to start National Dialysis Programme with fund generated under PPP scheme•3,000 stores to be opened for quality medicines under PM Jan Ausadhi Yojana in 2016-17•S

C and ST entrepreneurs—Rs.500 crore to promote this under Stand-Up India•Next big step by focusing on quality education—commitment to improve higher education institutions•Decided to set up a higher education financing agency (non-profit)—initial corpus of Rs.1,000 crore•Digital depository for school-leaving certificates other academic certificates•Entrepreneurship education and training o be provided in schools and collegesJob creation:•Will pay EPF contribution of 3.33% for all new employees joining EPFO to incentivize employers•National Career Service—35 million job-seekers have registered; propose to interlink state employment exchanges with National Career Service•Retail trade—biggest employer in country•Small and medium-shops should be given option to remain open all 7 days on voluntary basis•Model shops bill on voluntary basis for states to be adoptedInfra and investment:•

Roads sector: Nearly 85% of stalled projects back on track•Speeded up road construction—to allocate Rs.55,000 crore for roads and highways, additional Rs.15,000 crore to be raised by National Highways Authority of India (NHAI) through bonds. Total allocation of Rs.97000 crore.•Total allocation of Rs.2.18 trillion for roads and railways•Pace of completion of road projects to rise to 10,000km in 2016-17•Total outlay for infrastructure in Budget Estimates is at Rs.2.21 trillion•Passenger traffic on roads more efficient now—This is a totally unreformed sector; absolution of Permit Raj is the medium-term goal; to open up road transport sector in passenger segment; states will have choice of adopting new legal framework; provision for more efficient public transport sector•Ports—to develop new greenfield ports•Civil aviation—plan for reviving underserved airports; to partner with state govts to develop some of these airports•

Natural resources: To incentivise gas production from deep sea, high temperature areas•Govt has achieved highest coal production growth in over 2 decades•Power sector—drawing up plan spanning 15-20 years to augment capacity in nuclear power sector•Initiative to reinvigorate private sector—public utility resolution of dispute bills; new credit rating system for infrastructure•Further reforms in FDI policy—area of insurance and pension, stock exchanges etc•Duty drawback scheme widened to include more products, countries•FDI policy should address farmers, food processing industry—100% FDI through Foreign Investment Promotion Board route for marketing of food products produced and processed in India•Department of disinvestment to be renamed

Financial sector reforms:•Bankruptcy code to be introduced•RBI Act 1934 to be amended to provide statutory basis for monetary policy framework•Financial data management centre to be set up•New derivative products•Stressed assets—ARCs have an important role—necessary amendment to Sarfaesi Act will be done•Central legislation to deal with fraudulent schemes•To amend Sebi act for more benches for SAT•Banks—Rs.25,000 crore to be provided for recapitalization of public sector banks, which are grappling with stressed assets; Govt stands solidly behind these banks.•Banking board bureau to be operationalized during this year•Debt recovery tribunals to be strengthened for speedier dispute resolution•

To undertake massive rollout of ATMs over next 3 years•Insurance firms owned by government will be listed on stock exchangesEase of doing business:•Initiatives include introducing targeted delivery of subsidies through Aadhaar, with a social security platform for use of Aadhaar; direct benefit transfers on a pilot basis for fertilizers•Bill to amend Companies Act—enabling environment for start-ups•Create closer engagement between states and districts—Ek Bharat, Shresth Bharat•70th anniversary of Independence in 2017—Ek Bharat, Shresth Bharat is a part of this missionFiscal situation:•Fiscal Responsibility and Budget Management (FRBM) roadmap: Prudence lies in adhering to fiscal targets•Budget and Revised estimates for FY15-16 at 3.9% and 3.5% of GDP respectively•Total expenditure in budget—Rs.19.78 trillion•Retaining fiscal deficit target at 3.5% for FY17•Plan/Non-plan classification to be done away with from FY17-18•Revenue deficit target at 2.5% of GDP•

FRBM: Better to have a fiscal target range; Must review working of this Act—to set up A committee to review FRBM•Seventh Pay Commission—Made interim provisions while recommendations are being reviewed—restructured more than 1,500 central schemes; Allocated Rs.100 crore each for celebrating birth anniversaries of Pandit Deendayal Upadhyay and Guru Gobind SinghTax reforms:•Relief to small taxpayers, measures for moving towards pension society, reducing litigation, simplification of taxation•Ceiling of tax rebate at Rs.5,000 for income less than Rs.5 lakh•Relief to people living in rented houses—Deduction for rent paid will be raised from Rs.20,000 to Rs.60,000 to benefit those living in rented houses•Presumptive taxation schemes—to increase turnover limit to Rs.2 crore—relief for many in MSME category•Extend presumptive taxation scheme to all professionals with gross receipts up to Rs.50 lakh•Corporate tax rate reduction should be calibrated with benefits of phasing out exemptions•

Corporate tax rate for establishments with turnover less than Rs.5 crore lowered to 29% of surcharge plus cess•Make in India—100% deduction of profits for start-ups adhering to certain conditions; MAT will apply•To implement GAAR from 1 April 2017•To reduce customs duty on refrigerated containers•Exemptions for braille paper•Pension society—Exemption of service tax for NPS, EPFO to employees•Affordable housing—100% deduction on profits for flats up to 30 sq.m in metro cities from 2016-19; MAT will apply•First-time home buyers—relief on housing loans for up to Rs.50 lakh•Surcharge on luxury cars costing more than Rs.10 lakh•0.5% Krishi Kalyan surcharge cess on all taxable services from 1 June 2016, to be given to agriculture development•

Environment—Pollution cess on all vehicles•To impose additional duty on jewellery•Change excise duty on branded ready-made garments•Revive clean energy cess on coal, others•Increase duty on tobacco products (other than beedi) by 10-15%Reducing litigation:•Tax evasion will be countered strongly•Limited period compliance window to declare undisclosed income•

Black money—3 lakh tax cases pending before authority—a new dispute resolution scheme will be set up where taxpayer can settle case by paying disputed tax and interest with certain conditions•On retrospective tax amendments—committed to providing stable tax regime; committee will be chaired by revenue secretary•One-time scheme for dispute resolution for pending retrospective tax amendment case•Justice Easwar committee recommendation—abolishing 13% cesses levied by various ministries•Rationalizing TDS provisions for income tax•Non-residents without PAN—higher rate won’t apply on furnishing alternate ID•To amend customs act

Use of technology:•Will use technology in tax department in a big way•To expand scope of e-assessment for taxpayers in 7 big cities•Govt will pay interest @9% in case of delay in giving appellate orders beyond 90 days•Impact of tax proposals will lead to revenue gain of Rs.19,610 crores•Conclusion of budget speech•Introduction of Finance bill 2016•House adjourned to meet on Tuesday at 11am

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