This video focuses mainly on:
- Interest Rate Cut
- Income Tax Slab Revision
- Pick up in Durables Sales
Advantages of Low oil price and US Dollar, outpaced by farm loan waiver and interest rate hike by the US Fed. Supported by a likely reversal in oil prices and FII selling should take the market to October lows and make it attractive from there.
In early October this year the emerging economies predominantly India was worried about crude increasing rapidly on its price. Many of analyst expectations that it will not go beyond $63 went wrong, it moved past $80 and there were pessimists in the forefront talking that it will soon cross $100 and...
Jaitley’s talk at the ET awards, “Users should pay for oil… else fiscal deficit will rise and add to the current account deficit. It will push up inflation, weaken rupee. Tax on fuel prices should come down not by creating fiscal deficit, but through an increase in the non-oil...