DSIJ Mindshare

Overall volumes in futures & options currently stand at 90.22 lakh contracts with a turnover of Rs. 5,07,173.93 crore.

Prices have corrected, making lower tops and lower bottoms from the 2018 top of 86.74 made on October 3. Currently, Brent crude is trading at USD 77.58/barrel. we hold 74.40-74 as the crucial supports provided 75.10 is broken on a closing basis. On the upside, 78 followed by 80.88 will act as major resistance.

The bank has acquired an additional stake of 4.95 per cent in NSDL, which now hold 9.95 per cent of the paid-up share capital of NDSL. The stakes were acquired from Axis Bank.

By now, all income taxpayers would have received an intimation from Income Tax (IT) Department under Section 143(1) giving details of either the refund payable by the IT department to the taxpayer if the tax paid/deducted exceeds the tax liability of the taxpayer, or asking the taxpayer to pay the balance amount of tax payable by the assessee, if the tax deposited by the assessee is less than the amount computed by the IT department.

If you have defaulted your credit card payment for more than six months, you would get a statement which reads “credit charge-off”. So what does it mean? Does it mean that your payment is “waived” by the company and you no longer have to pay the debt?