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Trump made Robert O’Brien the new NSA of America

US President Donald Trump has announced his new appointment as the new National Security Advisor a week after John Bolton was ousted. Robert C.O.Brien, Special Ambassador for Mortgage Affairs in the State Department, has been elected to the post. O’Brien is also a lawyer by profession and has a law firm in Los Angeles. He was elected the Special Presidential Envoy of Mortgage Affairs by the Trump Administration in May 2018 and was then given the rank of Ambassador a year later.

‘I am pleased to say that I will nominate Robert C. 

Donald Trump

Trump tweeted, ‘I am pleased to say that I will nominate Robert C. O’Brien as our new National Security Advisor. I have worked hard with them for a long time. He will do a good job. It is noteworthy that Trump had asked Bolton to resign, saying that in many cases the opinions of the two did not match each other. He told Bolton that the White House should no longer require his services and that he should resign. Bolton immediately resigned from the post.

HDFC Bank’s profit increased 24.7 percent to Rs 6,638.03 crore

HDFC Bank’s profit increased 24.7 percent to Rs 6,638.03 crore in the second quarter ended 30 September 2019. The bank’s profit was Rs 5,322.41 crore in the July-September period a year ago. HDFC Bank reported that its income increased to Rs 36,130.96 crore in the reporting period, from Rs 30,124.49 crore in the second quarter of a year ago. The bank said that its debt (advances) grew by 19.1 percent to Rs 9,47,440 crore during the period under review. It was Rs 7,95,563 crore in the same period a year ago. The bank’s single-quarter profit stood at Rs 6,344.99 crore for the July-September quarter.

The bank said that its debt (advances) grew by 19.1 percent to Rs 9,47,440 crore during the period under review.

HDFC Bank's profit up 25 percent
HDFC Bank’s profit up 25 percent

Its net profit in the same period a year ago was Rs 5,005.73 crore. The total single income of the bank increased from Rs 28,215.15 crore to Rs 33,755 crore during this period. The bank’s gross NPA increased to 1.38 per cent at the end of September 2019 from 1.33 per cent at the end of September 2018. Gross NPA by value increased to Rs 12,508.15 crore during the quarter. It stood at Rs 10,097.73 crore in the same period a year ago. Net NPA stood at 0.42 per cent (Rs 3,790.95 crore).

British court asked the government, who will be lodged in jail, fugitive businessman Neerav Modi

The bank said it had made a provision of Rs 2,700.68 crore for the second quarter of the stuck loans and contingencies. The figure was Rs 1,819.96 crore in the same quarter a year ago. The total size of the bank’s bookkeeping stood at Rs 13,25,072 crore as of September 30 this year. The figure was Rs 11,69,898 crore in the same period of 2018-19. During this period, the total deposits with the bank increased by 22.6 percent to Rs 10,21,615 crore.

Memorandum of Understanding signed before Global Investor Meet

The state government has adopted a holistic approach to attract investment in the state so that Himachal Pradesh can be made a hub of investment. Chief Minister Jai Ram Thakur said this while presiding over the mini conclave held in Shimla today. This mini conclave has attracted encouraging interest from investors mainly in tourism, housing, education, food processing, health, IT and ITES sectors. Today 93 MoUs were also signed, which would attract an investment of Rs 4775 crore for the state. It contains 47 MoUs related to the tourism sector alone.

The Chief Minister said that this mini conclave was organized in Shimla on the auspicious occasion of Prime Minister Shri Narendra Modi’s birthday. He said that this is one of our Prime Minister’s efforts to attract investment in the country as it will not only boost economic activities, but also provide adequate employment and self-employment opportunities to the youth of the country and the state. He said that so far MoUs worth Rs 45000 crore have been signed in various sectors in the state.

Jai Ram Thakur said that from the first day the state government has ensured that every decision of the government is dedicated to the welfare and development of the people of the state. He said that the main objective of organizing Global Investor Meet in the state is to attract investors in the state. He said that all the major states of the country are organizing such investor meets to woo investors. He said that various states also organized international roadshows but international roadshows organized in Germany, Netherlands and UAE organized by Himachal Pradesh and domestic roadshows in Delhi, Bangalore, Hyderabad, Mumbai, Ahmedabad and Chandigarh, from investors to invest in this region. Special interest has been seen.

The Chief Minister said that the peaceful environment of the state, archaic cultural diversity and linguistic plurality give entrepreneurs a special option for investment. The state government is ensuring efficiency, transparency, timeliness and accountability with an aim to simplify the process of getting projects sanctioned to investors. He said that the Single Window Monitoring and Execution Authority shows the strong commitment of the state government in this direction.

   Attract an investment of Rs 4775 crore for the state.

attract an investment of Rs 4775 crore for the state.

The Chief Minister said that the new industrial policy announced by the state government is a new initiative to attract investment. The state has immense potential for investment in electricity, tourism, hospitality, food processing, renewable energy, IT, education, manufacturing sectors etc. He said that the state is known as the apple state of the country. Therefore, it has immense potential for fruit processing and fruit based industries.

Jai Ram Thakur said that the purpose of Mini Conclave is to listen to the problems of entrepreneurs and investors of the state and ensure their redressal so that they can get the most out of the Global Investors Meet. He said that recently such mini conclave was also organized in Manali in Kullu district, in which 93 MoUs worth Rs 2219 crore were held.

He urged the local entrepreneurs to be a part of the Global Investors Meet and thus to contribute to the development of the state.

Education Minister Suresh Bhardhaj said that the government is giving special emphasis on ease of doing business. He said that the calm environment of Dev Bhoomi Himachal makes it a popular destination for investment. There are many renowned educational institutions in the state which makes it the ‘Education Hub’ of the country. The state government has announced various incentives for potential investors wishing to invest in the state.

Urban Development Minister Sarveen Chaudhary said that the resolution of Global Investors Meet and the decision to organize it has been taken under the visionary leadership of Chief Minister Jai Ram Thakur, which aims to attract investment of Rs 85000 crore in the state. He said that there are immense possibilities of investment in the housing and urban development sector.

Chief Secretary Dr. Shrikant Baldi gave a presentation on Investment Opportunities in Tourism and Housing Sector on the occasion. He said that the various climatic conditions and healthy climate available in the state makes Himachal the favorite destination of tourists and adventure lovers. Every year two crore tourists come to visit the state. There are vast possibilities in the tourism sector in the state. He said that for the convenience of investors willing to invest in the tourism sector, a new tourism policy-2019 has been formulated.

Principal Secretary Information Technology Jesse Sharma made a presentation on Investment Opportunities in IT and ITES and Electronic Sector on the occasion. He said that information technology accounts for eight percent of the country’s GDP and the state has wide potential for investment in this sector. He also gave information about the economic incentives given to investors wishing to invest in the information technology sector.

Principal Secretary Education K.K. Pant gave a detailed presentation on the possibilities of investment in the field of education on this occasion.

The Chief Secretary to the Chief Minister, Sanjay Kundu, thanked the entrepreneurs for making the mini-conclave a success and invited them on behalf of the state government for the Global Investors Meet to be held in Dharamshala.

Director Industry Hansraj Sharma while giving information about various initiatives being taken by the state government on the occasion, the industry gave information about various reasons for investing.

Chairman of CII Himachal Pradesh, National Partner of Global Investors Meet, Harish Aggarwal also highlighted various aspects that made the state

        Himachal Pradesh is the best destination for investors on the occasion.

Himachal Pradesh is the best destination for investors on the occasion. He assured all possible assistance by CII successfully organizing the Global Investor Meet.

On this occasion, a short film was also screened on investment possibilities in different regions of the state.

Additional Chief Secretary Industries Manoj Kumar, Principal Secretary Onkar Sharma, Secretary Amitabh Awasthi, Special Secretary Industries Abid Hussain, Director Tourism Yunus, Director Information Technology Rohan Chand Thakur, General Manager HPSEBL JP Industrialists from Kalta, PCCF Ajay Kumar, Pradesh and outside states were also present on the occasion along with others.

road safety action plan should be prepared for each district.

Home Minister BalaBachchan has said that a road safety action plan should be prepared for each district to prevent road accidents. He said that third party audit should be conducted after improvement of road safety audit at the black spot. ShriBachchan was presiding over the meeting of the State Road Safety Council today.Were. In the meeting held in the Ministry, Mr. Bachchan has said that district level implementation committee and council meeting should be regular. He said that it has been seen that more accidents have occurred between 6 to 9 in the evening and between 12 to 6 in the night. For this, road side sleeping / resting places should be developed for heavy drivers on the highway. Due to this, the driver who has come out for a long distance will reduce the chances of getting a nap in the night and accidents can be curbed.

road safety action plan should be prepared for each district.

road safety action plan should be prepared for each district

Mr. Bachchan has said that the nodal agencies should carry out their work. He said that there is a need to work on war footing on innovations in terms of road safety. In rural areas, the lack of awareness should be made to follow traffic rules. Road Construction Agency should take necessary measures for road improvement before November and work to prevent accidents by adopting measures to prevent accidents.ShriBachchan also asked to issue necessary guidelines regarding unauthorized parking of vehicles. He said that local bodies can play an important role in efforts to keep cattle off the road. For this, Nagar Panchayat and urban bodies should try from the local level. ShriBachchan has said that the work of putting radium, reflectors, etc. on tractor trolley, trucks etc. should be continued.

It was told that this year Katni, Alirajpur, Bhind, Ashoknagar and Shahdol have given better results to reduce accidents. During the road safety and awareness campaign, 3 lakh 70 thousand 436 students were made aware of traffic by conducting 4088 awareness programs. The meeting discussed the situation of Madhya Pradesh on the basis of information on road accidents in the country, numerical analysis of road accidents in the state, review of information received on accidents and action plans and suggestions for reduction of road accidents. Principal Secretary Home SN Mishra, Transport Commissioner ShailendraShrivastava and Special Director General of Police Mahan Bharat Sagar were present in the meeting.

Supreme Court seeks list of CBI, ED officials in coal scam

The Supreme Court on Tuesday asked the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) investigating the coal scam to list the names of their respective officials. The apex court has asked both the central investigative agencies to tell the court which officials are needed in the investigation of this case (coal scam).

Supreme Court seeks list of CBI, ED officials in coal scam

The court said that the remaining officers who are on deputation can be sent back to their home cadre. In fact, in the coal scam case, the ED has filed an application in the Supreme Court seeking transfer of 42 officers. The application states that deputation of 42 officers is ending with the ED. So these officers should be transferred. Earlier, the Supreme Court had ordered that the transfer of officials investigating the coal scam case would not take place without the permission of the court.

Mumbai stock market has also started its weakest on Tuesday

The Mumbai stock market has also started its weakest on Tuesday, the second trading day of the week. In the morning, along with negative signals from around the world, the market fell for the second day due to the fall in the shares of banking, energy and information technology companies. The BSE Sensex lost about 150 points during early trade. The BSE Sensex is down 147.66 points, down 0.40 percent to 36,975.65 points, and the NSE Nifty is down 43.30 points to 0.39 percent at 10,960.20 points. On the first trading day, the market closed down after a weak start.

The Mumbai stock market has also started its weakest on Tuesday, the second trading day of the week.

Weak start of stock market

Tech Mahindra, HCL Tech, Hero MotoCorp, Axis Bank, HDFC, Bharti Airtel, Mahindra & Mahindra, TCS, Tata Motors, ICICI Bank, etc. declined by 1.86 per cent during morning trading. On the other hand, Vedanta, Yes Bank, Asian Paints, Tata Steel, ONGC, SBI and IndusInd Bank gained 2.22 per cent. Foreign portfolio investors sold Rs 751.26 crore on the previous trading day, while domestic institutional investors bought Rs 308.56 crore. Investor sentiment is believed to have weakened after the uncertain geopolitical situation and increasing US-China trade tensions and worsening global economic conditions following drone attacks on oil wells in Saudi Arabia. Also, there is a sense of disappointment in the market and investors have kept distance.

Thirimane is satisfied about security arrangements in Pakistan

Lahiru Thirimane, the captain of the Sri Lankan ODI team going on a tour of Pakistan, expressed his satisfaction with the security arrangements. Earlier, Sri Lankan Cricket (SLC) named Thirimane and Dasun Shanaka as ODI and captain of the T20 team for their tour after their senior players refused to go on a Pak tour. Thirimane said, “My whole focus is on cricket and not safety.” Also said that SLC has shared the security plan with us and we are satisfied with it. I have told them that my family is also satisfied with the security measures and they have no problem. Pakistan and Sri Lanka are scheduled to play a three-match ODI series on September 27, September 29 and October 2 at the National Stadium in Karachi.

Thirimane said that if your family does not give permission then it becomes difficult to decide on the tour.

thirimanne

The two teams will then play a three-match T20 series on October 5, 7 and 9 at the Gaddafi Stadium in Lahore. After this Sri Lanka will also host Pakistan for the two-match World Test Championship in December. Thirimane said that if your family does not give permission then it becomes difficult to decide on the tour.

Despite this, we also respect the decision of experienced players who have withdrawn their name from this tour. Thirimane believes that despite the absence of senior players, his team is very strong. The captain said, for me it is just like another series. There is no additional pressure on me for captaincy. Also said that if we play according to our ability then we can win the series. Earlier in Pakistan, at least 10 players of the Sri Lankan cricket team withdrew from the tour due to security reasons.

Open market with weakness- Cessanx 36400 and Nifty 10800 levels

Indian markets started with weakness on Thursday trading day due to poor signals received from global markets. Sensex and Nifty are seen in red marks. Mid and small cap stocks are also sluggish. The mid-cap index of BSE is trading with a weakness of 0.02 per cent whereas the small cap index is showing a slight gain of 0.08 per cent. Oil-gas stocks are also seeing the effect of rising crude prices. The BSE oil and gas index is trading with a weakness of 0.25 per cent.

Mid and small cap stocks are also sluggish.

Open Market with weekness

Due to pressure on banking shares, the Bank Nifty is seen around 27050 with a weakness of 0.44 per cent. In today’s early trade, only Nifty’s pharma stocks are getting light purchases. Apart from this, all the sectoral indices of Nifty are seen in red mark. Cessanx is trading around 36440 with a weakness of 122 points. The Nifty is seen around 10810 with a weakness of 30 points.

South African coach Lance Klusener called Navdeep a great bowler

South African coach Lance Klusener has praised the young Indian fast bowler Navdeep Saini of the Indian team. Klusener said, ‘I am very happy to see NavdeepSaini being recognized. You can’t see too much in Indian bowlers who can bowl 150. Klusener also discussed Saini’s passion for fast bowling. Klusener went on to say, ‘His bowling action is very clean.

Klusener called Navdeep a great bowler

He is also technically fit but when I talk to him, I think he is excited to bowl at 150 kmph. He said that I have seen very few bowlers bowling at a speed of 150 kmph. Navdeep has impressed everyone since his arrival in the team. He played with the Delhi team under the captaincy of former cricketer Gautam Gambhir. Gambhir has played an important role in bringing Navdeep forward.

Sensex rises 1600 points, income tax will be 22 percent

There has been a huge surge in Indian stock markets with the announcement of exemption in corporate tax on domestic companies by Finance Minister Nirmala Sitharaman. During the trading, the Sensex rose 1601 points to 37,695.74 and the Nifty climbed 363.75 points to 11,068.55. To promote growth, the finance minister has reduced the corporate tax rate to 22 per cent for new domestic companies, unless corporate have taken any incentive or exemption. The stock market has blossomed with the announcement of the finance minister. The market is as bright as Diwali and almost all major sectors are seeing a boom. To increase growth and investment, changes in income tax act will be applicable from the current financial year i.e. 2019-20. The income tax on domestic companies will be 22 percent without any exemption and the effective rate will be 25.17 percent by adding surcharge and cess. Earlier this rate was 30 percent. The Finance Minister said that with the reduction of corporate tax and other concessions, the exchequer will incur a burden of Rs 1.45 lakh crore.

exemption in corporate tax on domestic companies by Finance Minister Nirmala Sitharaman.

To give a boost to Make in India, they added a clause in the Income Tax Act. In FY 2019-20, a domestic company formed after October 1, which will invest in manufacturing, will have the option to pay income tax at the rate of 15 per cent. That is, any company formed in India on or after 1 October 2019 will be taxed at 15%. If they start production before 31 March 2023, then 15 per cent will be taxed. There will be 17.10 percent effective rate including all types of surcharge and cess. Companies that announce a buyback of shares before 5 July 2019 will not face super rich tax. To increase the flow of funds in the capital market, the Finance Minister said that the surcharge raised in the budget in July will not be effective on the sale of shares in the company and capital gains from equity fund unit sales.