Bonaz Capital | Ina000003197 | Capital Money Market

Here Is Look At The Top Global Cues That You Need To Know Before Hitting D-Street On Monday: Singapore Signals Strong Opening:  At 6.30 Am, Nifty50 Futures On The Singapore Stock Exchange Were Trading 30 Points Higher At 9,448, Indicating A Positive Opening For The Domestic Market.  Bonaz Capital Global Markets Mixed:  Asian Stocks Got Off To A Shaky Start On Monday As A Ransomware Attack That Locked Up More Than 200,000 Computers In Over 150 Countries And A Missile Test By North Korea On Sunday Kept Investors On Edge. Inflation Eased To 2.99%:  Data Released By The Statistics Office Showed Inflation Based On The Consumer Price Index (CPI) Eased To 2.99% In The First Month Of The New Financial Year Compared With 3.89 Per Cent In March And 5.47% In The Year Earlier. The Inflation Number Is The Lowest In The Series That Began Two Years Ago. Bonaz Capital

NEW DELHI: The Government Will Keep All Transactions Recognised By The Securities And Exchange Board Of India (Sebi) Outside The Ambit Of A New Rule Introduced In This Year’s Budget That Provides For The Imposition Of Capital Gains Tax If Securities Transaction Tax (STT) Has Not Been Paid. Bonaz Capital The Final Notification Of The Rule, Which Is In The Works, Will Ensure That Genuine Investments Such As Employee Stock Options (Esops) And Off-Market Strategic Acquisitions Do Not Face Tax. #INA000003197 The Draft Notification Rule Had Not Addressed These Issues, Leading To Representations To The Central Board Of Direct Taxes (CBDT), Which Is Now Examining The Points Raised, A Government Official Said. Bonaz Capital “There Have Been Representations... The Idea Is Not To Tax Genuine Transactions,” He Said. “All Transactions Recognised By Sebi Will Be Kept Out.” The Draft Notification Issued On April 3 Listed 3 Types Of Transactions On Which The Rule Will Apply: Investme...

Oil Prices Inched Up In The Thursday’s Trade Owing To Fall In US Inventories. Also, The More Oil Supply Cut By The Saudi Arabia In The Asian Markets Have Helped The Oil Prices To Rally Upwards.( Bonazcapital )  The Fall In US Inventories As Reported Recently Was The Biggest Fall In The Past One Year. As Per The US Energy Information Administration, The Crude Inventories In The US Fell 5.2 Million Barrels In The Week To May 5. The Brent Crude Futures Were Trading Up By 0.2% At USD 50.33 Per Barrel As Of 0039 GMT.  The US West Texas Intermediate (WTI) Crude Oil Futures Were Trading Higher By 0.3% At USD 47.46 Per Barrel.( Bonazcapital )  The Organization Of The Petroleum Exporting Countries (OPEC) And Other Producers Including Russia Have Pledged To Cut Output By Almost 1.8 Million Barrels Per Day (Bpd) During The First Half Of The Year.

Indian Equity Markets Are Likely To Open Gap Up On Thursday, Tracking Firm Cues From Asian Markets. The Bullish Trend In The SGX Nifty, Which Was Trading Higher By 38 Points At 9,457, Indicated That Domestic Bourses May Open With Solid Gains. Nifty50 On Wednesday Managed To Close Above The Trading Range Of Around 9,270-9,377 And Formed A Bullish Candle On The Daily Chart. Nifty50 Is Likely To Continue Momentum On The Upside Up To Levels Of 9,450-9,480. On The Downside, Immediate Support Is Placed In The Region Of 9,350-9,360. ( Bonazcapital ) Key Results For The Day Are Asian Paint, Glenmark, Arvind, HCL Tech. Back Home, After Witnessing Dull Movement In The Previous Trading Session, Indian Market Ended On A Robust Note On Wednesday With Nifty Closing Above 9,400 Mark For The First Time Ever. The Rally Was Led By FMCG And Auto Stocks. In The Second Half Of The Trading Session, Buying Interest Was Witnessed In Telecom Stocks As Well. On Wednesday, The Tech-Heavy Nasdaq Cl...

Business Wire India Razorpay, a Bengaluru based online payments company today announced that it has won an award for its product innovation in the prestigious ‘The Innovation Project’ by PYMNTs.com, held at Harvard University, Cambridge on March 16, 2017. Razorpay won ‘Bronze’ in the ‘ Best POS Innovation ’ category for its ePOS app among other global competitors such as Alipay, Verifone, First Data and FIS. Getting to the final round involved weeks of deliberation by investors, payments industry experts and community voting. 26-year old, Harshil Mathur, CEO and Co-Founder of Razorpay, received the award on behalf of the company. The categories included Best B2B Innovation, Most Innovative Payments Player, Most Disruptive Innovation and more. “ The PYMNTS Innovation Awards  celebrates  the companies, and men and women, who have made the most significant contributions to innovation in payments and commerce in the past, and the entrepreneurs who have the most promising s...