‘COVID-19’ No More in China BUT Exists in Other Countries
The first case had confirmed in China Wuhan city. But the current state will give you a shock.
Last updated: April 08, 2020, 12:17 GMT
Coronavirus Cases: 81,802
Coronavirus: New Cases vs. New Recoveries
The above state shows the situation is under control in China, and Wuhan city reopened. More
China Ends Wuhan Lockdown, but Normal Life Is a Distant Dream
Published April 7, 2020 | Updated April 8, 2020, 1:01 a.m. ET
By Raymond Zhong and Vivian Wang
How they recovered?
- China reveals residents are following the Government’s lockdown advice: brutal but effective
- China had deployed remote-controlled mini-tanks for disinfectant-spraying on an entire city.
“We began using them for disinfection and disease prevention,” said Hou Yongfei, deputy secretary-general of the Shanxi Province Unmanned Vehicle Association, the outlet reported, citing AsiaWire.
- China implements a new Orwellian mass surveillance tool and a ‘close contact’ app.
- Social distancing, physical distancing, and by following all safety precautions of WHO.
Wuhan recovery gives hope to rest of world, says WHO
Coronavirus disease situation data (up to 8 April)
This report provides the latest global number and numbers by country of COVID-19 cases.
COVID-19 impact on the Indian financial markets, and precautions.
All sectors of Indian financial markets are getting impacted by COVID-19. The total number of 123 countries are affected by a coronavirus. 1.32L+ confirmed cases and 4.9+ thousand people’s deaths reported by this virus.
Data source: WHO (World Health Organization) & National Health Commission of the People’s Republic of China
Not only the Indian market, all over countries’ financial markets fear over this virus. It foothold is everywhere. But it will impact on a particular sector only. Many stocks & commodities will hit the bottom level. Isn’t it a new opportunity for smart traders? Don’t get scared. Don’t divert stocks from a portfolio without in-depth research. Fluctuation is temporary. It’s time for a new buying opportunity.
Hint: oil and manufacturing
To get the best stocks and commodities tips for investing in the current market situation, subscribe now.
Coronavirus disease (COVID-19) Help and Information
Coronavirus information – India
The Helpline Number for coronavirus: +91-11-23978046
comparison of IIP data with nifty and will declare on 12th Janunary 2018
IIP (Index of industrial production) data for November month and CPI data for December month are going to declare on 12th Jan. 2018 at 5:30 PM which are generally minor affect to index nifty for short term period. Therefore, we have created chart of IIP data with nifty future here will useful for traders.
Data for 01/09/2018
IIP and CPI data are declare on Friday then result of it will be on Monday. If there’re not good news or unable to support globe atmosphere will lead to fall in market.
IIP data source from.
What are Goods and Service Tax (GST) and Know Benefits
GST means Goods and Service Tax. Single Tax to promote Indian Trade and Industry.
A great step by Team India that will help transform the economy, bring in transparency and usher in the system of “one country one tax“.
Benefits to Economy:
- To create a unified common national market.
- To give a boost to foreign investment & “Make in India” campaign.
- Increased economic activity to generate more employment.
Easy Compliance Environment:
- Seamless transfer of input tax credit.
- Reduction in compliance costs – multiple records not required to be maintained for a variety of taxes.
- Greater use of IT to reduce human interface between taxpayer and administration.
Simplified Tax Structure
- Single tax to replace multiple levies of Centre and States.
- Uniformity of tax laws & procedures across Centre & States.
- Robust IT system for registration, returns, refunds & tax payments.
The government clarified that the goods and services tax will keep its July 1st, 2017 date for countrywide rollout.
How to enrol GST Identification number (GSTIN)?
Our Government made it easy and completely online enrolment! All you need is a provisional ID, password, mobile number and email ID. Obtain your username/password by logging into www.aces.gov.in
For assistance: Call 1800 1200 232 or email: [email protected]
Revised Draft Model GST Law and Draft IGST Law available in public domain. The same can be accessed at www.cbec.gov.in, www.dor.gov.in or www.gst.gov.in
(Source: Central Board of Excise and Customs)
Dear Moneymunch valuable Readers,
GST will impact on many sectors of Indian Stock and Commodity Exchanges. Subscribe our premium services to get benefits from the impact of GST on exchanges securities.
Moneymunch going to launch Big Dhamaka Special Offers today and it will expire just a second ago before GST Launch! Limited members can enrol this offers and for enrolment write an email on [email protected].
How Banks Make Money
Yes, the government prints our businesses paper money. But thats just a little small fraction of the money in use. Most of the funds in state economies is made when banks write it directly into their customers’ accounts as a result of thin air as bank loans.
You earn Rs.10,000 and put it in the bank. And then…
The bank keeps RS.1000 in its RBI(Reserve bank of India) account …
This is the “reserve,” which the bank uses when customers withdraw funds. As a rule, depositors don’t take out more than 10% of the money they have on deposit on any given day.
Then loans Susie Rs.9,000, at interest.
Susie deposits the Rs.9,000 in her bank.
That bank keeps 10% (Rs.900) in reserve and loans Joe Rs.8,100, at interest.
See how it all adds up—for the banks.
You now have Rs,10,000 in your account. Susie has Rs.9,000 in hers. Joe has Rs.8,100.
There’s now Rs.27,100 total in accounts that you and Susie and Joe can spend, and it all came from your Rs.10,000 deposit. The banks have created an additional Rs17,100 by loaning it into existence.
Imagine this money trick over and over.
If you do this operation 50 times, that Rs.10,000 turns into Rs.99500.25—Rs.88500.25 in loans, and your original Rs.10,000.
Mad math: If those loans are for one year at 10% interest, the banks will make Rs.8800.53. If they’d only been able to loan your Rs.10,000, they’d make Rs.1000.