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#GOLD finding support at make or break zone.. find opportunity to go long till it is surviving above horizontal line...
It’s political advantage for @narendramodi & @BJP4India to emerge like China in execution speed; it’s believed that India lose 2-3% GDP advantage to China due to political restraints; now with two-third majority (with one more non-NDA regional party), way forward has to be great!
Pakistan will introduce measures to tighten expenses in its annual budget for the next fiscal year, after the nation averted an economic crisis
Report: Less than 10 months after coming to power in Pakistan with visions of creating a welfare system to lift millions out of poverty, the economic crisis has forced Prime Minister Imran Khan into the hard realities of an IMF bail-out.
Delhi Police: Jarnail Singh, a 40-year-old man arrested at Hazrat Nizamuddin railway station for posing as a Police/Customs official and extorting money from a businessman. 400 gram of extorted gold recovered from his possession.
When you know what govt will do next, you know where to bet: Indias GDP needs to grow faster than even 7 per cent.
Nomura The brokerage expects the government to retain its interim budget fiscal target of 3.4 per cent of GDP for the current fiscal. ICICI Bank, Axis Bank, Container Corporation, L&T and SBI Life its top picks.
Morgan Stanley Morgan Stanley expects the inflation framework, fiscal consolidation, infrastructure spending, FDI focus and strong external affairs policies to continue.
Bank of America Merrill Lynch The bank expects the government to focus on lowering lending rates and recaptalising PSU banks with excess RBI economic capital. Political stability also opens the scope for raising foreign exchange reserves via sovereign FX bonds, the bank said.