Tag: Profitaim Research in Indore

India is still “Golden Bird” with 101 billionaires Forbes 2017

India is still “Golden Bird” with 101 billionaires Forbes 2017

The Forbes list of the ‘World’s Billionaires’ 2017 consists of 2,043 of the richest people in the world who have a combined net worth of $7.67 trillion, a record 18% increase over the past year.

The list has been topped by Microsoft co-founder Bill Gates for the fourth year in a row. He has been the richest person in the world for 18 out of the past 23 years.

Top 10 World Billionaires

Gates has a fortune of $86 billion, up from $75 billion last year, followed by Berkshire Hathaway chief Warren Buffet with a new worth of $75.6 billion. Amazon’s Jeff Bezos added $27.6 billion to his fortune; now worth $72.8 billion, moving into the top three in the world for the first time, up from number five a year ago.

US President Donald Trump is ranked 544th on the list with his net worth of $3.5 billion. India is home to 101 billionaires, the first time it has more than 100 super rich individuals.

The US continues to have more billionaires than any other nation, with a record 565, up from 540 a year ago. China is catching up with 319, Germany has the third most with 114 and India has the fourth highest number of billionaires.

Click here to view to The World’s Billioniare’s List

Indian Billionaires with their Net Worth

There are nearly 20 people of Indian-origin who have made fortunes in various nations across the world, led by UK-based Hinduja brothers ranked 64th with $15.4 billion net worth, Indian-born tycoon Pallonji Mistry, who controls the 152-year-old Mumbai-headquartered engineering giant Shapoorji Pallonji Group at the 77th spot with $14.3 billion net worth and petrochemicals major Indorama co-founder Sri Prakash Lohia at the 288th spot with $ 5.4 billion net worth.

Mistry’s younger son Cyrus is embroiled in a legal battle with the Tata Group after he was suddenly ousted as chairman of Tata Sons, a position he had held since 2012.

WHAT FORBES SAID ABOUT INDIAN BILLIONAIRES?

Ambani, 59, leads the pack of Indian billionaires, coming in at the 33rd position with a net worth of $23.2 billion. Forbes said the “oil and gas tycoon” sparked a price war in India’s hyper-competitive telecom market with the launch of 4G phone service Jio last September.

His younger brother Anil is ranked 745th with a net worth of $2.7 billion. The younger Ambani sibling “orchestrated the merger of his Reliance Communication’s telecom business with that of rival Aircel, controlled by Malaysian billionaire Ananda Krishnan. The combine, which awaits regulatory approvals, will be the country’s fourth-largest mobile phone operator,” Forbes said.

Next on the list of Indian billionaires is ArcelorMittal Next on the list of Indian billionaires is ArcelorMittal chairman and CEO Lakshmi Mittal on the 56th spot with a net worth of $16.4 billion. Forbes said the Indian steel baron regains his status as the world’s second richest Indian on an uptick in steel prices and demand.

The list includes only four women billionaires from India, led by Savitri Jindal and her family at the 303rd position with a net worth of $5.2 billion.

Shocking elements in Forbes List

Founder of mobile wallet Paytm Vijay Shekhar Sharma is ranked 1567 with his net worth of $ 1.3 billion. Forbes said Paytm was “one of the biggest beneficiaries of the government’s decision to demonetise 86% of India’s rupees and move to a cashless economy”, notching up 200 million registered users and five million transactions daily.

Making his debut on the list at 814th spot is Acharya Balkrishna, friend of yoga guru Baba Ramdev, who holds 97% stake in the fast-growing consumer goods firm Patanjali Ayurveda. His net worth is $2.5 billion.

Forbes said Facebook founder Mark Zuckerberg moved up to number five for the first time, after his fortune raised $11.4 billion in 12 months.

 

Click here to view to 101 Indians in The World’s Billioniare’s List

Profitaim-  Sure shot Stock future trading tips for intraday

Profitaim- Sure shot Stock future trading tips for intraday

Sure shot Stock Future Trading Tips

  • Are you trade in Stock Market?
  • Want to know sure-shot trading tips?
  • Yet to Know Sure shot Stock future trading tips for intraday?

For Beginners: Learn” Types of trading”

In stock Market, you can trade in shares and commodities. However, in India, due to absolute volumes investors mainly trade in stock futures and options. Trading means buying and selling a stock the same day or holding it for just 2-3 days. The former is called intra-day trade. The latter is called swing trade. Positional trade generally involves taking a longer position and holding a stock for 2-3 weeks.

Get Stock Future Trading Tips by Profitaim

  • Make sure that your leverage is at acceptable levels
  • Make sure that you don’t risk more than 1% to 2% of your capital on any single trade.
  • Use world news, data and technical trend updated
  • Market indicators– SGX Nifty gives clue about opening trend of Nifty(positive or negative opening) before market opens.
  • To trade in nifty you should have basic idea about Futures and options. Then you should track nifty trend first to take position in buy/sell side.

Most Reliable Stock Market Indicators

The two most reliable stock market indicators for determining the strength of the market are price and volume. Using price and volume to analyze stock market trends, while incorporating historical stock market data, should be all you need to discern the current market’s strength and direction.

Profitaim Trading tips Services

We are Providing Sure Shot Equity Tips, Live Equity Market Trading Tips,  Equity Trading Strategy, StockCash Tips, Indian Stock Market Tips, Indian Equity Market Research Calls, Stock Tips For Today ,Free Equity Tips on Mobile, Commodity Trading tips, Commodity Trading Tips for today, Commodity Trading Advice tips, MCX commodity day trading tips, Commodity live trading tips from experts, Commodity trading tips free trial. 

Market Movement News by Profitaim: Profitaim Reviews

Market Movement News by Profitaim: Profitaim Reviews

Now it’s time to show falling trend

According to Market researchers, from the beginning of the year emerging market Indian market and every market is at its peak, so according to that trend now it’s the time to fall in the market.

News in US FED Rates

In this month, US Fed may increase its rates. Due to increase in Fed rates, the market might fall due to this reason.

Refer

Impact of UP elections on market

The result of UP elections also shows its impact on Market, if BJP is came into power in results of UP elections the market may shows some boom.

Please Refer

Vijay Mallya tweet excuse for Kingfisher Airlines collapse

Vijay Mallya tweet excuse for Kingfisher Airlines collapse

Vijay Mallya, the defaulter owner of Kingfisher Airlines, now blames faulty engines as the reason for the failure of Kingfisher Airlines.

He is wanted by the Indian authorities for default in payment of loans related to Kingfisher Airlines that was grounded in 2012. He is also wanted in other cases.

Vijay Mallya: Profitaim News

DGCA REPORT ON PRATT & WHITNEY ENGINES

A group firm of Pratt & Whitney has been sued for supplying defective engines to Kingfisher Airlines, Mallya said amid aviation regulator DGCA ordering detailed inspection of P&W engines powering some Airbus 320 neo planes being operated in India.

Vijya Mallya’s Tweet

“Not surprised at DGCA enquiry into Pratt & Whitney aircraft engines. Kingfisher Airlines sadly collapsed also due to faulty engines,” he said in a tweet.

DGCA action

DGCA has ordered detailed inspection of 21 Airbus 320 neo planes of IndiGo and GoAir that are equipped with P&W engines, which have been frequently facing technical glitches.

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GST will be effective from July 1, confirmed by Arun Jaitley

GST will be effective from July 1, confirmed by Arun Jaitley

Economic Affairs Secretary, Shaktikanta Das said that GST will be effective from 1st of July all the states agreed for this decision. According to Mr. Shaktikanta Das, GST is playing the role of Game changer and it takes place of various consumption taxes. He also added that when GST is applied in India the opportunities for competitiveness, investment and job creation also increased.

GST will be effective from July 1, confirmed by Arun Jaitley
Profitaim supports GST Bill

WHAT IS GST?

GST implementation would abolish all central, state and interstate taxes; and only “single-taxation” system would be levied.

Arun Jaitley strong confirmation about GST implementation

Finance Minister Arun Jaitley said in the interview with London news agency PTI, all the processes regarding the GST implementation will be completed till 15 September. He also added that after Independence this is the first Tax reform in India. The draft for this is already prepared and would be presented in the parliament which is started from 9th of March.

Proposal for 4 tax rates

– 4 proposed levels for Goods and Services tax rates will be categorized in 5, 12, 18 and 28%.

– After the GST bill is passed in the parliament it must be forwarded to all state assemblies for approval.

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Profit making trading tips by Profitaim Research Advisory

Profit making trading tips by Profitaim Research Advisory

TRADING TIPS FOR TODAY’S STOCK MARKET

Profit making trading tips by Profitaim Research Advisory
Profit making trading tips by Profitaim Research Advisory

Jindal Steel Power: Buy

target – Rs 131/133, stoploss – Rs 123.

Vedanta: Buy

target – Rs 271/72, stoploss – Rs 261.

Tata Chemicals: Buy

target – Rs 579-81, stoploss – Rs 562.

Sunpharma: Buy

target – Rs 730, stoploss – Rs 685.

JSW Steel: Buy

 target – Rs 200, stoploss – Rs 184.

JBF Industries: Buy 

target – Rs 280, stoploss – Rs 245.

Yes Bank: Sell 

target – Rs. 1350, stoploss – Rs. 1470

Reliance Defence: Buy

target – Rs 67, stoploss – Rs 59

Gitanjali: Buy

target – Rs 77, stoploss – Rs 64.64.

RBI Infra: Buy

target – Rs 172, stoploss – Rs 160.

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China’s company ZTE launched 5G Smartphone: Profitaim Review

China’s company ZTE launched 5G Smartphone: Profitaim Review

China’s largest telecom company ZTE at Mobile World Congress in Barcelona, Spain has launched the world’s first 5G smartphone.

China’s company ZTE launched 5G Smartphone: Profitaim Review
First 5G smartphone: Profitaim reviews

Features of Lightning-fast 5G Smartphone

The company said it is the first smartphone with a download speed of up to 1 Gigabit per second, which is 10 times better than today’s generation of 4G services.

This Smartphone have 360 degree panoramic virtual reality video phone, ultra hi-fi music and fast video downloads support.

ZTE’s spokes person said, “With the introduction of new tools, the way people connect with each other will change forever”. The priority for ZTE’s Global Development is to focus on 5G technology. 

Processor

This phone consist Qualcomm’s latest Snapdragon 835 processor.

Lightning-fast 5G mobile internet service

The tech company said that Lightning-fast 5G mobile internet service expected to start by 2020.

For more- refer