#banks day 24.4

[mysimsloveaffair]

Missing Maia’s warmness next to me in bed, I get up and find her sitting on the ground in the bathroom. Concerned, I hurry over to her.

Wade: Maia, baby - are you okay?

Maia: I lied to you, Dub. *tears* I’m sorry - you were right. I already knew I was pregnant. 

I don’t want to be right, but at least now we know. But confirming it doesn’t make it any less shocking. The devastation I hear in Maia’s voice threatens to knock me off balance. But somehow, I continue to stand, watching tears fall that are caused by me.  

[farademetre]

InvestTalk - 1-18-2024 – Troubled Loans Are Putting Pressure on 4 Major Banks

According to analysts, the total amount of non-performing loans—loans to borrowers who haven't made a payment in more than 90 days—rose to $24.4 billion in the last quarter of 2023.

[fmarkets]

$FBMS #Dividend #NASDAQ #StockMarket The First Bancshares, Inc. Thrives in Challenging Market, Boosts Dividend by 4%

The First Bancshares, Inc. Reports Positive Financial Results and Increases Quarterly Dividend by 4% HATTIESBURG, Miss. - The First Bancshares, Inc. (NASDAQ: FBMS), the holding company for The First Bank, announced its financial results for the third quarter ended September 30, 2023. The company reported net income available to common shareholders of $24.4 million, representing a growth of 2.4% compared to the previous quarter. These positive results reflect the effectiveness of the company's strategic initiatives and its ability to navigate through a challenging economic environment. During the past 7 days, The First Bancshares Inc shares have shown a modest increase of 0.19%, bringing the year-to-date performance to -15.15%. It is worth noting that despite the challenging market conditions, the company's shares trade 16.3% above their 52-week low, indicating a favorable position in the market. https://csimarket.com/news/the-first-bancshares-inc-thrives-in-challenging-market-boosts-dividend-by-42023-10-25233001?utm_source=dlvr.it&utm_medium=tumblr

[technogeekstmr]

TD-LTE Ecosystem Market Size, Analytical Overview, Growth Factors, Demand and Trends Forecast to 2027

A fresh study by Transparency Market Research (TMR) suggests that a number of companies are currently connected to the value chain of the global TD-LTE ecosystem market, which is a clear indication of widespread opportunities in a developing market scenario. The report identifies Huawei Technologies Co. Ltd., Nokia, Samsung Electronics Co. Ltd., Telefonaktiebolaget L. M. Ericsson, AT&T, Inc., ZTE Corporation, Qualcomm Inc., MediaTek, Inc., Broadcom Corporation, and Spreadtrum Communications Inc. as some of the most prominent companies in the global TD-LTE ecosystem market.

As per the projections of the report, the demand in the global TD-LTE ecosystem market will increase at a phenomenal CAGR of 24.4% during the forecast period of 2017 to 2025, estimating it to achieve a global worth of US$264.00 bn by 2025, mounting from its evaluated valuation of US$40.80 bn in 2016. The report notes that a number of significant TD-LTE network deployments have occurred in the past three years, such as Sprint in The U.S., Bharti Airtel in India, and SoftBank in Japan, as a result of spectrum availability and decreased deployment costs. China based vendor, Huawei, is a highly respectable name in the global TD-LTE ecosystem market. The company signed a US$45.0 mn contract with Italian ISP Tiscali in September 2016. On the other hand, Ericsson also holds a significant chunk of shares in the global TD-LTE ecosystem market, capitalizing on upcoming deployment opportunities in both Asia Pacific and Europe.

Get Sample Copy of the Report to understand the structure of the complete report (Including Full TOC, Table & Figures): https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=27581

Equipment-wise, macro cells have considerably more demand than small cells, whereas on the basis of device type, notebooks serve maximum revenue share of the market, than other segments including PCs, smartphones, routers, and tablets. Application-wise, the market for TD-LTE ecosystem has been classified into retail, banking institutes, healthcare, and personal uses. Geographically, North America currently is the most lucrative regional market, although Asia Pacific offers widespread opportunities too.

Ubiquity of Smartphones Driving Demand

Escalating demand for LTE with growing ubiquity of smartphones is the primary driver of the global TD-LTE ecosystem market. Apart from smartphones, the growing propagation of an array of other Internet enabled mobile devices such as tablets and e-readers has led to increasing consumer need to access ‘on the go’ rich content. Popularity of social media has caused an explosion of mobile data traffic, generating exceptional demand on the network of wireless operators. Bandwidth concentrated applications, especially video-based, render the restricted access and the gap that the clients are progressively facing between peak rates in actual experiences every day and perfect conditions. Therefore, it is vital for operators to confirm that the average mobile experience of the users is not negotiated especially in high traffic areas.

Request For Covid19 Impact Analysis Across Industries And Markets – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=27581

Cost Factors Hindering Prosperity

Despite a highly prosperous future, there are a few factors obstructing the proper growth of the global TD-LTE ecosystem market. Complexity and backward compatibility is one such restraint. The operators who are considering a network update, must choose the appropriate technology. Either they upgrade to an evolved version of 3G like HSPA and HSPA+ or they opt for LTE. Upgrading within the 3G family does not require network architectural changes as such, whereas transforming to LTE needs core network expansion and new radio access technology. This process is highly complicated as well as cost intensive.

As per the author of the report, “Advancement in wireless infrastructure is one of the major opportunities in the global market of TD-LTE ecosystem. Advancement in wireless infrastructure is likely to create opportunities in the global TD-LTE ecosystem market. Various standardization bodies are developing higher frequencies and higher data rates having shorter transmission ranges. Early use of some technologies like 802.11ac assures a Gigabit per second from a single access point.”

The information presented in this review is based on a Transparency Market Research report, titled, “TD-LTE Ecosystem Market (Equipment – Macro Cells and Small Cells; Devices – Notebooks, PCs, Routers, Smartphones, and Tablets; Application – Healthcare, Retail, Banking Institutes, and Personal Uses) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”

Customization of the Report: This report can be customized as per your needs for additional data or countries. – https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=27581

Key Segments of the Global TD-LTE Ecosystem Market

TD-LTE Ecosystem Market, by Equipment

Macro Cells

Small Cells

TD-LTE Ecosystem Market, by Devices

Notebooks

PCs

Routers

Smartphones

Tablets

Others

TD-LTE Ecosystem Market, by Application

Healthcare

Retail

Banking Institutes

Personal Uses

Others

TD-LTE Ecosystem Market, by Geography

North America

Europe

Asia Pacific

Middle East & Africa

Latin America

U.S.

Canada

Rest of North America

U.K.

Germany

France

Italy

Rest of Europe

India

China

Japan

Rest of Asia Pacific

South Africa

U.A.E.

Rest of Middle East and Africa

Brazil

Rest of Latin America

Related Report Press-Releases –

https://www.prnewswire.com/news-releases/network-attached-storage-solutions-market-is-set-to-rise-at-4-cagr-during-2019-to-2027-need-to-secure-large-amount-of-data-powers-the-growth–tmr-301009683.html

https://www.prnewswire.com/news-releases/high-demand-from-it-and-telecom-to-contribute-massively-to-growth-of-application-lifecycle-management-market-tmr-301019661.html

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

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[2womenforme]

The World's Billionaires 2017 RANKING REAL TIME RANKING Billionaire Secrets Connect |Sign up |Log in The World's Billionaires Today’s Winners & LosersSEE REAL TIME RANKING Reflects changes since 5pm EST last trading day $1.2 B Yang Huiyan $976 M Hui Ka Yan $818 M Dilip Shanghvi $740 M Seo Jung-Jin $618 M Mark Zuckerberg $383 M Aliko Dangote $450 M Gong Hongjia $486 M Ma Huateng $516 M Brothers Chearavanont $593 M He Xiangjian The List 2017 Ranking Real Time Spreadsheet Reprints Filter list by: Youngest Oldest Women Industries Countries Search by name, source or location Rank Name Net Worth Age Source Country of Citizenship #1 Bill Gates $86 B 62 Microsoft United States #2 Warren Buffett $75.6 B 87 Berkshire Hathaway United States #3 Jeff Bezos $72.8 B 53 Amazon.com United States #4 Amancio Ortega $71.3 B 81 Zara Spain #5 Mark Zuckerberg $56 B 33 Facebook United States #6 Carlos Slim Helu $54.5 B 77 telecom Mexico #7 Larry Ellison $52.2 B 73 software United States #8 Charles Koch $48.3 B 82 diversified United States #8 David Koch $48.3 B 77 diversified United States #10 Michael Bloomberg $47.5 B 75 Bloomberg LP United States #11 Bernard Arnault $41.5 B 68 LVMH France #12 Larry Page $40.7 B 44 Google United States #13 Sergey Brin $39.8 B 44 Google United States #14 Liliane Bettencourt $39.5 B 95 L'Oreal France #15 S. Robson Walton $34.1 B 73 Wal-Mart United States #16 Jim Walton $34 B 69 Wal-Mart United States #17 Alice Walton $33.8 B 68 Wal-Mart United States #18 Wang Jianlin $31.3 B 63 real estate China #19 Li Ka-shing $31.2 B 89 diversified Hong Kong #20 Sheldon Adelson $30.4 B 84 casinos United States #21 Steve Ballmer $30 B 61 Microsoft United States #22 Jorge Paulo Lemann $29.2 B 78 beer Brazil #23 Jack Ma $28.3 B 53 e-commerce China #24 Beate Heister & Karl Albrecht Jr. $27.2 B - supermarkets Germany #24 David Thomson $27.2 B 60 media Canada #26 Jacqueline Mars $27 B 78 candy United States #26 John Mars $27 B 82 candy United States #28 Phil Knight $26.2 B 79 Nike United States #29 Maria Franca Fissolo $25.2 B 82 Nutella, chocolates Italy #29 George Soros $25.2 B 87 hedge funds United States #31 Ma Huateng $24.9 B 46 internet media China #32 Lee Shau Kee $24.4 B 89 real estate Hong Kong #33 Mukesh Ambani $23.2 B 60 petrochemicals, oil & gas India #34 Masayoshi Son $21.2 B 60 internet, telecom Japan #35 Kjeld Kirk Kristiansen $21.1 B 70 Lego Denmark #36 Georg Schaeffler $20.7 B 53 automotive Germany #37 Joseph Safra $20.5 B 78 banking Brazil #38 Michael Dell $20.4 B 52 Dell computers United States #38 Susanne Klatten $20.4 B 55 BMW, pharmaceuticals Germany #40 Len Blavatnik $20 B 60 diversified United States #40 Laurene Powell Jobs $20 B 54 Apple, Disney United States #42 Paul Allen $19.9 B 64 Microsoft, investments United States #43 Stefan Persson $19.6 B 70 H&M Sweden #44 Theo Albrecht, Jr. $18.8 B 66 Aldi, Trader Joe's Germany #45 Prince Alwaleed Bin Talal Alsaud $18.7 B 62 investments Saudi Arabia #46 Leonid Mikhelson $18.4 B 62 gas, chemicals Russia #47 Charles Ergen $18.3 B 64 satellite TV United States #47 Stefan Quandt $18.3 B 51 BMW Germany #49 James Simons $18 B 79 hedge funds United States #50 Leonardo Del Vecchio $17.9 B 82 eyeglasses Italy #51 Alexey Mordashov $17.5 B 52 steel, investments Russia #52 William Ding $17.3 B 46 online games China #53 Dieter Schwarz $17 B 78 retail Germany #54 Ray Dalio $16.8 B 68 hedge funds United States #55 Carl Icahn $16.6 B 81 investments United States #56 Lakshmi Mittal $16.4 B 67 steel India #57 Serge Dassault $16.1 B 92 diversified France #57 Vladimir Lisin $16.1 B 61 steel, transport Russia #59 Gennady Timchenko $16 B 65 oil, gas Russia #60 Wang Wei $15.9 B 47 package delivery China #60 Tadashi Yanai $15.9 B 68 fashion retail Japan #62 Charoen Sirivadhanabhakdi $15.8 B 73 drinks, real estate Thailand #63 Francois Pinault $15.7 B 81 luxury goods France #64 Hinduja family $15.4 B - diversified United Kingdom #65 David & Simon Reuben $15.3 B 74 investments, real estate United Kingdom #66 Donald Bren $15.2 B 85 real estate United States #66 Alisher Usmanov $15.2 B 64 steel, telecom, investments Russia #68 Lee Kun-Hee $15.1 B 75 Samsung South Korea #69 Thomas & Raymond Kwok $15 B - real estate Hong Kong #69 Joseph Lau $15 B 66 real estate Hong Kong #69 Gina Rinehart $15 B 63 mining Australia #72 Azim Premji $14.9 B 72 software services India #73 Marcel Herrmann Telles $14.8 B 67 beer Brazil #74 Vagit Alekperov $14.5 B 67 oil Russia #75 Mikhail Fridman $14.4 B 53 oil, banking, telecom Russia #75 Abigail Johnson $14.4 B 56 money management United States #77 Pallonji Mistry $14.3 B 88 construction Ireland #77 Vladimir Potanin $14.3 B 56 metals Russia #79 Wang Wenyin $14 B 49 mining, copper products China #80 Elon Musk $13.9 B 46 Tesla Motors United States #80 Stefano Pessina $13.9 B 76 drugstores Italy #82 German Larrea Mota Velasco $13.8 B 64 mining Mexico #82 Thomas Peterffy $13.8 B 73 discount brokerage United States #84 Iris Fontbona $13.7 B 74 mining Chile #84 Dilip Shanghvi $13.7 B 62 pharmaceuticals India #86 Dietrich Mateschitz $13.4 B 73 Red Bull Austria #87 Harold Hamm $13.3 B 72 oil & gas United States #87 Robin Li $13.3 B 49 internet search China #89 Andrey Melnichenko $13.2 B 45 coal, fertilizers Russia #90 Rupert Murdoch $13.1 B 86 newspapers, TV network United States #90 Heinz Hermann Thiele $13.1 B 76 brakes Germany #92 Steve Cohen $13 B 61 hedge funds United States #92 Patrick Drahi $13 B 54 telecom France #94 Henry Sy $12.7 B 93 diversified Philippines #95 Charlene de Carvalho-Heineken $12.6 B 63 Heineken Netherlands #96 Philip Anschutz $12.5 B 77 investments United States #96 Ronald Perelman $12.5 B 74 leveraged buyouts United States #96 Hans Rausing $12.5 B 91 packaging Sweden #96 Carlos Alberto Sicupira $12.5 B 69 beer Brazil #100 Klaus-Michael Kuehne $12.4 B 80 shipping Germany

milk the rich n fix poverty every day n every night forever = 90% against the 10% n many rich are druggy cheaters

[swedna]

A weak trading sentiment across the globe, and concerns over infrastructure output data for November -- due later in the day -- pushed investors towards profit-booking on the last trading day of calendar year 2019. Information Technology (IT) stocks dragged indices lower on the back of a stronger rupee, coupled with decline in automobile counters. That apart, heavyweight private banking stocks, including ICICIBank and HDFC Bank, put pressure on the indices.

The S&P BSE Sensex settled at 41,253.74 level, down 304.26 points or 0.73 per cent, with 24 of the 30 constituents on the index settling in the negative territory. Tech Mahindra, Bajaj Auto, Reliance Industries, and Hero MotoCorp were the top losers today, while NTPC, ONGC, Sun Pharma, and Power Grid ended as the top gainers.

At close, the S&P BSE India Infrastructure index was up 0.8 per cent, after finance minister Nirmala Sitharaman announced plan to provide Rs 102 lakh crore infra-push over the next 5 years. KNR Constructions, IRB Developers, Gujarat Pipavav Ports, and PFC rallied up to 6 per cent. READ MORE

On the NSE, the broader Nifty50 index held the 12,150-mark to close at 12,168.45-level, down 87.4 points or 0.71 per cent. On the sectoral front, all the indices, barring Nifty Realty and Metal indices, slipped in the trade today. Nifty IT and Auto indices gave up 0.8 per cent each, while Nifty Realty index gained 0.7 per cent.

In the broader markets, the small-cap index outperformed the headline indices. The S&P BSE small-cap index ended 0.37 per cent higher at 13,699.37 level, as against a 0.03 per cent decline in the S&P BSE mid-cap index, which settled at 14,967.83.

MARKETS IN 2019

The year 2019 saw benchmark indices scale fresh lifetime highs amid volatility. Trade war concerns, tax proposals for India Inc and foreign portfolio investors (FPIs), the overall slowdown in the economy, rate cuts by the Reserve Bank of India were some of the key factors that guided markets through 2019.

The benchmark S&P BSE Sensex advanced 14.6 per cent in CY19, while the Nifty50 and Nifty Bank indices added 12.2 and 18.5 per cent, respectively. However, the BSE Midcap and SmallCap indices have slipped 3 per cent and 8 per cent, respectively, thus giving a negative return for the second year in a row.

GLOBAL CUES

In a shortened session ahead of the New Year’s Eve celebrations, the pan-European STOXX 600 index shed 0.3 per cent. French, British, and Spanish stocks lost between 0.4 per cent and 0.8 per cent, while Frankfurt and Milan bourses were shut for the year-end holidays.

Asian shares slipped on the last trading day of the decade.

Early in the Asian trading session, MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.39 per cent. Australian shares were 1.69 per cent lower and Hong Kong's Hang Seng dropped 0.32 per cent.

(With inputs from Reuters) CATCH ALL THE LIVE UPDATES Auto Refresh 03:47 PM Sectoral trends at NSE at close

03:47 PM Top gainers and losers on S&P BSE Sensex during at close

03:46 PM Closing Bell >> The S&P BSE Sensex settled at 41,253.74-level, down 304.26 points or 0.73 per cent, with 24 of the 30 constituents on the index settling in the negative territory

>> On the NSE, the broader Nifty50 index held the 12,150-mark to close at 12,168.45-level, down 87.4 points or 0.71 per cent.

03:30 PM Infra stocks rally

03:27 PM NEWS ALERT | Power, Railways, Irrigation, Urban Mobility some of the areas under infra pipeline: FM Sitharaman 03:25 PM STOCK ALERT | Reliance Industries hits 6-week low >> Stock down 7% from its record high level of Rs 1,618 on December 20, 2019

03:23 PM NEWS ALERT | Govt will commit infra projects Rs 100 trillion over the next 5 yrs: FM 03:23 PM NEWS ALERT | Intend to launch a National Infrastructure Pipeline: FM >> To monitor the progress and link all stake holders

03:22 PM NEWS ALERT | Task force has recommended infra projects worth Rs 102 trillion: FM Sitharaman 03:19 PM NEWS ALERT | FM begins media address 03:09 PM Buzzing | Bombay Dyeing gains over 6%

02:59 PM Market check | Sudden decline in Sensex

02:53 PM Buzzing | APL Apollo Tubes hits 52-week high in a weak market

02:51 PM BSE500 stocks that hit 52-week high today COMPANY PRICE(RS) 52 WK HIGH CHG(RS) CHG(%) AAVAS FINANCIERS 1967.00 1978.00 43.65 2.27 ADANI GREEN 166.50 166.50 7.90 4.98 AMBER ENTERP. 1114.10 1145.90 -16.55 -1.46 APL APOLLO 1880.80 1884.80 43.15 2.35 CHALET HOTELS 358.20 395.00 3.05 0.86 » More on 52 Week High 02:41 PM Year in Review | In uncertain times, 2019 an eventful year for bonds, rupee The year 2019 was an interesting one where global, as well as domestic factors, exerted an equal pull to determine the value of the asset classes. Towards the end, the Indian central bank introduced a special open market operations (OMO) to bring down bond yields. But this was not the only new tool that the central bank brought out from its arsenal. READ MORE

02:23 PM Nifty sectoral indices at this hour

02:14 PM Global Markets check European shares looked set to end the decade with a whimper on Tuesday as investors locked in gains after a record rally that was fueled by optimism around trade and easing fears of a global recession.

In a shortened session ahead of the New Year’s Eve celebrations, the pan-European STOXX 600 index shed 0.3 per cent. French, British, and Spanish stocks lost between 0.4 per cent and 0.8 per cent, while Frankfurt and Milan bourses were shut for the year-end holidays.

Asian shares slipped on the last trading day of the decade.

Early in the Asian trading session, MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.39 per cent. Australian shares were 1.69 per cent lower and Hong Kong's Hang Seng dropped 0.32 per cent.

(via Reuters) 02:04 PM BSE Smallcap index up for 5th straight day; Bodal Chemicals gains 13% Shares of smallcap companies were in limelight on Tuesday with the S&P BSE Smallcap index trading higher for the fifth straight session on the BSE. At 01:26 pm, the smallcap index, up 0.46 per cent at 13,710 points, was the largest gainer among broader indices. In past five trading days, the smallcap index outperformed the market by gaining 2.5 per cent on the back of a strong rally in beaten down sector stocks like chemicals, auto ancillaries, sugar, media and credit rating agencies. READ MORE BSE, Bombay stock exchange, NSE, GROWTH, investment, investor, MF, stock, market

01:53 PM BROKERAGE RADAR | MOFSL on Jubilant Foodworks CMP: Rs 1,632 | TP: Rs 1,720,( 5% Upside) | Reco: Buy Jubilant FoodWorks (JUBI) is one of India’s largest food service Company, with a network of 1,200 Domino’s Pizza restaurants across 271 cities (as of Dec 31, 2018). The Company also has exclusive rights for developing and operating Dunkin’ Donuts restaurants for India and has 32 Dunkin’ Donuts restaurants across 10 cities in India. The challenge of a high SSSG base eases significantly going forward and JUBI has done well in the face of 20% SSSG base in recent quarters. With demand stabilizing, discretionary players with strong brands offer high scope for upside, in our view. We expect over 25% EPS CAGR and improving RoEs over FY20-FY22. 01:44 PM Top technical picks for 2020 by MOFSL

01:39 PM BROKERAGE RADAR | Reliance Securities on Mangalam Cement Mangalam Cement (MGC) is likely to witness healthy traction ahead mainly on account of steady realisation in Northern region and cost synergies. Notably, commissioning of 11MW WHRS in the last month and recent USA petcoke contract at US$70 (US$77/tonne average cost in 2Q) along with likely improvement in utilisation will lead to meaningful decline in opex in the subsequent quarters. Further, improved fly-ash availability, new coal mining and improved biomass contribution are expected to aid it’s operating performance. We forecast EBITDA/tonne at Rs707 and Rs696 for FY20E and FY21E, respectively. We maintain our fundamental BUY recommendation on the stock with a Target Price of Rs 400. 01:38 PM BROKERAGE RADAR | Emkay Global Financial Services on SBI Life We believe SBIL is on the right track given the increased focus on improving product mix toward the high-margin protection segment and taking granular steps toward digitalization. Backed by high operational efficiency, it enjoys the lowest cost ratio of ~10--11% (as % of NEP) among its peers. We expect the company to clock 19.9% APE growth over the next three years, with non-par savings/protection growing 47.2%/42.8% over FY19-FY22E. VNB is expected to see 24.4% CAGR over FY19-FY22E. EV is expected to register 17.5% CAGR over the same period. We maintain Buy rating and OW stance in EAP with a revised TP of Rs 1,100 (earlier Rs 965) at 3.3x Sep’21E EV 01:35 PM Rupee check

01:33 PM Breakout year? Steel players hope for demand surge, better prices in 2020 After 2019 saw the domestic market grapple with surge in imports, increased dependence on imported coking coal from select countries, the steel ministry will be focusing on managing availability of iron ore as leases of a clutch of mines are scheduled to expire in March next year. READ MORE

01:29 PM 2019 review :: Rusmik Oza, Sr. VP (Head of Fundamental Research-PCG), Kotak Securities >> The polarisation seen in CY18 continued in CY19 with only a handful of stocks contributing to the returns in Nifty-50.

>> We expect the divide between Indian equities and economy to continue in CY20 because there may not be a quick recovery in the economy but market may do relatively better on account of strong earnings and favourable tax changes.

>> For 2020, we see valuations attractive in sectors like capital goods, utilities, oil & gas, construction, metals & mining and auto ancillaries.

01:17 PM Top losers on BSE at this hour

01:07 PM NEWS ALERT | Govt to invite EoI for Air India in a few weeks: Hardeep Singh Puri >> Got lot of interest from private players

>> Want an Indian airline to acquire Air India for Strategic reasons

>> Govt reluctant to infuse more funds in AI

>> Next meeting on Alternative Mechanism for AI in few weeks

(As reported by CNBC TV18)

01:03 PM Pre-budget meet: IT industry seeks 15% corp tax for services cos in SEZs "What we have suggested is that given that they have reduced the manufacturing corporate tax rate to 15 per cent...the fact that the SEZ sunset is happening, at least for the new services companies in SEZs, if you make it 15 (per cent), then you will have one composite rate in SEZ for both manufacturing and services," Nasscom Senior Director and Public Policy Head Ashish Aggarwal told PTI after the over two-hour meeting. READ MORE

12:55 PM Sector watch | Telecom shares trade mixed COMPANY NAME LATEST HIGH LOW CHG (RS) CHG(%) VALUE (RS CR) VOLUME VODAFONE IDEA 6.09 6.25 5.97 -0.06 -0.98 8.29 13615532 REL. COMM. 0.86 0.89 0.83 -0.01 -1.15 0.04 499343 QUADRANT TELE. 0.20 0.20 0.19 0.01 5.26 0.00 101092 BHARTI AIRTEL 461.15 462.45 458.60 0.65 0.14 3.85 83564 TEJAS NETWORKS 94.75 96.95 79.35 6.60 7.49 0.66 69579 12:48 PM NEWS ALERT | DoT to allocate spectrum for 5G trials by Jan: sources to CNBC TV18 >> Spectrum-to-spectrum allocated for a duration of 1 yr

>> All major vendors, including Huawei, present for meeting with Telecom secy

[mysimsloveaffair]

Maia: So, when do we tell our parents about the pregnancy?

Wade: How about -  when the baby is in college?

Maia: Dub! I’m serious.

Wade: Me too

Maia: *amused* You know we can’t do that.

Wade: *chuckles* Yeah, I know. But can we wait until tomorrow?

Maia: I don’t see why not.

Wade: Your dad is going to kill me.

Maia: No, he won’t. Why would he?

Wade: I mean - come on. You know he carries a cane for more than just walking, right?

Maia: Wait, did he threaten you?

Wade: Not directly, but I felt it all the same.

Maia: I’m sure he didn’t mean it.

Wade: I’m not convinced, but we’ll see.

[365news]

Bola Tinubu Colloquium And Productive National Discourse

Bola Tinubu Colloquium And Productive National Discourse       In some other climes, the proponents of the yearly The Bola Tinubu Colloquium would be applauded for the brilliance of the idea in galvanising national discourse to remedy most of the countrys intractable problems. But is it a mere yearly talk-shop for a gathering of Nigerias bigwigs? After 10 years, what actionable blueprint has the colloquium produced for governance? With its enviable themes, what became the products of past colloquiums? The theme for this years, Investing in People: Jobs and the Economy, couldnt have come at a better time given the parlous state of the economy and the army of jobless Nigerians, both within and those fleeing for greener pastures in strange places through perilous routes. With Tinubu as a close ally of the current government, how much impact has his colloquium had on the administrations policy thrust to improving the lives of Nigerians? The objective is to outline and showcase the governments efforts to add millions of jobs over the next four years through policies and investment in agriculture, industrialisation, and technology, and creative sector, a statement from the organisers says. This will also highlight the Next Level initiatives to prepare our people for the jobs of the future through education and skills development. The colloquium, which took root as a discourse platform during Tinubus term in office as governor of Lagos State, was proposed to serve as a platform for sharing knowledge, experience and information around socio-economic and governance issues.It has since become an avenue to put forward some brilliant ideas that have gone largely unapplied in the governance of the country. At the inaugural edition in 2009, Evert Vote Must Count was the theme while in 2010, the theme was This House Must Stand! Pulling Nigeria Back from the Brink. Also in in 2011 Nigeria: Why isnt it Working? How Will it Work? was chosen as the theme for the colloquium. These themes reflect the political tempers in those years and how Nigeria has managed to navigate those issues till date. In 2013, the Beyond Mergers: Movement for National Change, A New Generation Speaks theme was apt as the oppositional momentum was gathering against the ruling Peoples Democratic Party-led government. That year the colloquium sought means to bring new voices to the table to interrogate ways by which we can meaningfully engage the political space and sustain a national movement for change that will result in a national transformation, as we have seen happen in some countries around the world in recent years. In 2014, the organisers had lamented, there are 20.3 million unemployed youth. 75 per cent of Nigerians have no access to primary healthcare. 10.8 million children of primary school age are out of school, 24.4 million Nigerians would be homeless by 2015 and 55,000 women die annually, adding, these numbers are alarming and something needs to be done to reduce it to the barest minimum.But how far has the current government, the handiwork of Tinubu, who considerably helped bring it into being, gone in alleviating the multiple blights that bedevil Nigeria since 2015 when it came to power? The theme of the seventh colloquium in 2015, Change: How Will It work? which held weeks away from the historic 2015 elections, had the change agenda of the Buhari government in focus. The organisers had the agenda of APC in mind once it attained power. Of course, that change has since gone awry and made way for the Next Level agenda of government.For the 2016 event, the theme was Agriculture: Action, Work, Revolution and focused on the countrys agricultural potential and how it could be best harnessed for food sufficiency. In 2017 the colloquium dwelt on Make It in Nigeria: Use What We Make and Make What We Use, a bold, revolutionary statement for which national performance fell abysmally low. The theme was in tune with President Bubaris nationalistic slogan Change Begins with Me which even Mr. President himself practised more in breach, with his frequent medical tourism abroad that makes a mockery of Aso Rock clinic that is a ghost of what it should be. As usual, the 2019 colloquium brought together stakeholders including policy makers, academics, members of civil society organisations, with the expectation that The people will tell our own unique Nigerian story of what it means for the government to act as a social investor in the lives and the future of its people. Curiously, organisers have also raised some posers regarding the possible outcomes of the colloquium in last years event, as they note, Is it simply a great campaign tag line? Is it (The Bola Tinubu Colloquium) a mere ideology with no real incremental/socio-economic benefits? Or is it as we would wish it to be, a necessary policy action which we must take as a nation if we are to see any real development in our nation? This self-appraising proposition of the organisers is critical in situating the actual relevance of the colloquium in national discourse and how far it has gone in achieving its set objectives 11 years after it was inaugurated.The fourth colloquium in 2012 had Looking Back, Think Ahead as theme; it had former Commonwealth Secretary, Chief Emeka Anyaoku as chairman. These were obviously the heady days of Action for Democracy (AD) when Tinubu was still breathing the fire of restructuring as panacea for the multiple ills plaguing the country. Anyaoku had said, I do believe that rather than our current unitary system,federalism will better promote peace, stability and development in Nigeria. To return to true federalism, we need a major restructuring of our current architecture of governance. We need six federating units instead of our present 36, which not only sustains an over-dominant centre, butalso compels the country to spend less than 74 percent of its revenue on the cost of administration. If the existing 36 states must be retained, they could be made developmental zones with minimal administrative structures within the respective six federating units. I do not believe that we can successfully tackle the serious challenges currently facing our country on the basis of our existing constitution and architecture of governance.He went on to describe Tinubu as an effective advocate of federalism and a dedicated activist for the return of democracy and the restitution of Chief MKO Abiolas presidential election victory in Nigeria. My second reason for agreeing to be here is the significance of Asiwaju Bola Tinubu as a consistent advocate of true federalism in Nigeria. As governor of Lagos State, he undertook some key development projects which, under our existing Constitution, were federal responsibility. Now however, it is doubtful if Tinubu is still the effective advocate of true federalism that Anyaoku described him, having paired up with strange bedfellows who treat restructuring with disdain, as if it is an incomprehensible term. Both President Muhammadu Buhari and his VP, Yemi Osinbajo have variously described restructuring as if speaking about one word in mutually unintelligible languages in spite of the term being in their party APCs manifesto. The 10th colloquium last year saw key government functionaries speaking to some social investment policies of the Buhari administration. These were Minister of State, Budget and National Planning, Mrs. Zainab Ahmed, National Programme Coordinator, National Home Grown School Feeding Programme, Mrs. Abimbola Adesanmi, Senior Special Assistant to the President on Job Creation and Youth Empowerment and Coordinator of N-Power Programme and Job Creation, Mr. Afolabi Imoukhuede, and Executive Director of Bank of Industry, Mrs. Toyin Adeniji, who spoke on Market Moni. From these officials job profiles it was clear that the last colloquium was devoted to selling the Buhari administration via the various social intervention programmes of government to the people, as some of these programmes became defining during the last general elections, particularly the TraderMoni programme Mr. Osinbajo spearheaded. However, to what extent have the impoverished people of Nigeria felt the positive impact of these social interventions, as the country bears the infamous tag of Poverty Capital of the World? In other words, what significant impact has the Bola Tinubu Colloquium had on Buhari governments policies since 2015? What evaluative tool could be deployed to measure its real time impact on the social wellbeing of Nigerians, or have its organisers predicted its probable outcome when they asked, Is it (the Bola Tinubu Colloquium) a mere ideology with no real incrementa   Read the full article

[ericfruits]

Schedule for Week of Oct 15, 2017

The key economic reports this week are September housing starts and existing home sales. For manufacturing, September industrial production, and the October New York Fed and Philly Fed manufacturing surveys, will be released this week. This week is bookended by two speeches by Fed Chair Janet Yellen (on Sunday, and then on Friday night).

----- Sunday, Oct 15th ----- At 9:00 AM ET, Speech by Fed Chair Janet Yellen, The Economy and Monetary Policy, At the 32nd Annual G30 International Banking Seminar, Washington, D.C. ----- Monday, Oct 16th ----- 8:30 AM: The New York Fed Empire State manufacturing survey for October. The consensus is for a reading of 20.0, down from 24.4. ----- Tuesday, Oct 17th ----- 9:15 AM: The Fed will release Industrial Production and Capacity Utilization for September. This graph shows industrial production since 1967. The consensus is for a 0.1% increase in Industrial Production, and for Capacity Utilization to increase to 76.2%. 10:00 AM: The October NAHB homebuilder survey. The consensus is for a reading of 64, unchanged from 64 in September. Any number above 50 indicates that more builders view sales conditions as good than poor. ----- Wednesday, Oct 18th ----- 7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. 8:30 AM: Housing Starts for September. The consensus is for 1.170 million SAAR, down from the August rate of 1.180 million. This graph shows total and single unit starts since 1968. The graph shows the huge collapse following the housing bubble, and then - after moving sideways for a couple of years - housing is now recovering. During the day: The AIA's Architecture Billings Index for September (a leading indicator for commercial real estate). 2:00 PM: the Federal Reserve Beige Book, an informal review by the Federal Reserve Banks of current economic conditions in their Districts. ----- Thursday, Oct 19th ----- 8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 240 thousand initial claims, down from 243 thousand the previous week. 8:30 AM: the Philly Fed manufacturing survey for October. The consensus is for a reading of 20.2, down from 23.8. ----- Friday, Oct 20th ----- 10:00 AM: Existing Home Sales for September from the National Association of Realtors (NAR). The consensus is for 5.30 million SAAR, down from 5.35 million in August. The graph shows existing home sales from 1994 through the report last month. 10:00 AM: Regional and State Employment and Unemployment (Monthly) for September 2017 At 7:30 PM, Speech by Fed Chair Janet Yellen, Monetary Policy Since the Financial Crisis, At the National Economists Club Herbert Stein Memorial Lecture and Annual Dinner, Washington, D.C http://ift.tt/2iaudiJ