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| Posted: 10 Mar 2020 08:04 AM PDT
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| Latest World News, World News, Current Affairs, Daily Current Affairs Posted: 10 Mar 2020 04:35 AM PDT
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| World News Updates, World News, Current Affairs, Daily Current Affairs, World News Updates Posted: 10 Mar 2020 02:07 AM PDT
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| Latest Govt Jobs, Sarkari Naukri, Results Posted: 09 Mar 2020 11:30 PM PDT
Eligibility Criteria for Himachal Pradesh Public Selection Commission Recruitment 2020Educational Qualification:
Age Limit:
Application Fee
Pay the Examination Fee through (e-Payment): Debit/ Credit Card/ Net Banking through e-Payment Gateway Salary Details for HPPSC Jobs 2020
Selection Process:
How to Apply for HPPSC Recruitment 2020?
Important Dates for HPPSC Notification 2020
Important Links of HPPSC Jobs 2020
HPPSC Notification 2020: Apply Online for 36 Vacancies | Tehsil Welfare Officer Class-II, Assistant Professor Posts. The Himachal Pradesh Public Selection Commission has invited online applications from desirous and eligible candidates for recruitment to various posts in the various Departments of Himachal Pradesh. Candidates are required to apply only through online mode. Aspirants should apply before the HPPSC Apply Online link get expires i.e 05th March 2020. HPPSC Recruitment 2020The candidates must ensure their eligibility in respect of category, experience, age and essential qualification(s), etc. The candidates, who wish to apply for more than one post, should apply separately for each post. After submitting the Online Recruitment Applications (ORA), the candidates are required to take a printout of the finally submitted Online Recruitment Application and submit the same along with requisite attested documents. Overview of HPPSC Jobs 2020
<< Also Check: HP Animal Husbandry Department Recruitment – 239 Openings>> HPPSC Vacancy 2020 Details
Eligibility Criteria for HPPSC Notification 2020Educational Qualification:
Age Limit:
Application Fee
Pay the Examination Fee through (e-Payment): Debit/ Credit Card/ Net Banking through e-Payment Gateway Salary Details for HPPSC Jobs 2020
Selection Process:
How to Apply for HPPSC Recruitment 2020?
Important Dates for HPPSC Notification 2020
Important Links of HPPSC Jobs 2020
About Himachal Pradesh Public Selection Commission (HPPSC)Himachal Pradesh achieved statehood on 25th January 1971. It was, along these lines, occupant on the State to have its very own stand-out Public Service Commission. In any case, since a State Public Service Commission could be included simultaneously with the achievement of Statehood, the Union Public Service Commission, on a deals from the Governor of the State of Himachal Pradesh with the help of the President of India, consented to serve the necessities of Himachal Pradesh till the foundation of a Public Service Commission for the State or for a time of a fourth of a year from 25th January, 1971 whichever was prior. The Himachal Pradesh Public Service Commission (Members) Regulations, 1971 were educated by the Governor with respect to Himachal Pradesh on eighth April 1971 by the respectability of the power vesting. The Commission has its very own structure and the workplace situated at Nigam Vihar (Chotta Shimla) on Cart Road. And all applicable data is accessible with the assistant which can be gotten either by and by or by telephone. The Himachal Pradesh Public Service Commission, is a free and unprejudiced Constitutional Authority, set up under Article 315 of the Constitution of India need to release the obligations and capacities, appointed to them under Article 320 of the Constitution. | UPPSC Homeopathic Medical Officer Result 2020 (Out) | Uttar Pradesh PSC HMO Cut Off, Merit List Posted: 09 Mar 2020 11:01 PM PDT UPPSC Result 2020 @ uppsc.up.nic.in: Dear Aspirants !!! The officials of Uttar Pradesh Public Service Commission has conducted the written examinations for recruiting various posts. Many candidates have appeared for the Uttar Pradesh PSC Examination and waiting for their results. For the sake of the candidates, we have provided a quick link to download the UPPSC Result 2020 on this page. The Officials of the Uttar Pradesh Public Service Commission has released the UPPSC Result 2020 for various examinations. Go through the entire article to know more about the Uttar Pradesh PSC Result 2020. Aspirants can also get the Uttar Pradesh PSC Result 2020, Cut Off Marks, Merit List 2020 on this page.
Latest UPPSC Result 2020
UPPSC Homeopathic Medical Officer Result 2020 Released: Dear Folks !!! Are you searching for the UPPSC Homeopathic Medical Officer Result 2020? Hence, this the right place to get your Results. Therefore the Department of Uttar Pradesh Public Service Commission has declared the Uttar Pradesh PSC Homeopathic Medical Officer Result 2020 on 9th March 2020. The Job location will be across India. Here, We will provide a direct link to get the UPPSC Exam Result 2020. And the link will be activated at the time of the official announcement. And also check and download the UPPSC Homeopathic Medical Officer Cut Off Marks 2020, UPPSC HMO Merit List 2020. UPPSC Homeopathic Medical Officer Result 2020
UPPSC PCS Prelims Result 2020 Released: Dear Folks !!! Have you written the UPPSC Combined State/Subordinate Services Examination and waiting for the results? If yes, then it is the right destination to check your results. The Uttar Pradesh Public Service Commission has organized the Combined State/ Subordinate Services Examination in December 2019 successfully. A vast number of aspirants have appeared for this and they are waiting for the results. Therefore, the officials have announced the UPPSC PCS Result on 18th February 2020. For the sake of aspirants, we have provided a quick link to download the UPPSC PCS Prelims Result 2020. Also get the UPPSC Cut Off Marks, Merit List 2020 on this page. UPPSC PCS Prelims Result 2020
UPPSC Computer Operator Result 2020 Released: Dear Candidates !!! Students who have appeared for the Uttar Pradesh PSC Computer Operator examination can get their exam results from here. Uttar Pradesh Public Service Commission Officials have released the UPPSC Computer Operator Result on 07th February 2020. Here on this page, we have provided the direct link to download the UPPSC Computer Operator Result 2020. Candidates can get their results by clicking the link at the end of the page. Go through the entire article to know the UPPSC Cut Off Marks and Merit List 2020 here. UPPSC Computer Operator Result 2020
UPPSC Junior Engineer Result 2020 Released: The officials of the Uttar Pradesh Public Service Commission has conducted the Combined Junior Engineer Examination on 22nd & 23rd May 2016 for Junior Engineer (Civil, Mechanical, Agriculture) posts. Many candidates have written the Combined Junior Engineer Examination and now they are waiting for the results. Now, the Uttar Pradesh Public Service Commission has released the UPPSC Junior Engineer Result on 06th February 2020. To help the candidates, we have updated a quick link to download the UPPSC Junior Engineer Result 2020. All the aspirants can also get the UPPSC Junior Engineer Result, Cut Off Marks, Merit List 2020 on this page. UPPSC Junior Engineer Result 2020
UPPSC Assistant Prosecution Officer Result 2020: Dear Aspirants !!! Most of the candidates are waiting for the UPPSC Assistant Prosecution Officer Result 2020. The officials of the Uttar Pradesh Public Service Commission has conducted the Written Examination on 9th June 2019 successfully. Many aspirants have appeared and waiting for the results. The Higher Authority of Uttar Pradesh Public Service Commission is planning to release the UPPSC Assistant Prosecution Officer Result in February 2020 (Tentatively). Here on this page, we have provided the direct link to download the UPPSC Assistant Prosecution Officer Result 2020 and it will be activated at the time of the official announcement.
UPPSC Cut Off Marks 2020 @ uppsc.up.nic.inThe UPPSC Cut Off Marks 2020 will be released once the results are declared. The Uttar Pradesh Public Service Commission will be releasing the UPPSC Cut Off Marks 2020 according to the categories of the candidates SC, ST, BC, OC. The Cut Off Marks plays an important role in every candidate's life. Aspirants should know the cut off marks before appearing for the examination to secure the highest marks. The officials will soon announce the UPPSC Cut Off Marks 2020 on the official website. After the result is announced on the official website, candidates can check the Uttar Pradesh Public Service Commission Cut Off Marks 2020 from here. The officials should consider some factors for releasing the Cut Off Marks.
Uttar Pradesh PSC Merit List 2020In this section, candidates can get the complete details of the Uttar Pradesh PSC Merit List 2020. The Merit List contains the candidates’ names who have scored the highest marks in the examination. After the declaration of the results, the Uttar Pradesh PSC Merit List will be released on the official website. All the candidates can download the UPPSC Merit List 2020 from this page. Candidates who have shortlisted in the Uttar Pradesh PSC Examination can move for the next rounds of the selection process. How to Download Uttar Pradesh PSC Result 2020?
| Get UPSC Civil Services (CSE) Syllabus & Exam Pattern Details Here Posted: 09 Mar 2020 10:41 PM PDT
UPSC Civil Services Syllabus -Download the UPSC CSE Syllabus in a Pdf format for the reference during the exam preparation. Contenders who are keen to help people, in general, using the UPSC Civil Services Posts can start your preparation work for the UPSC Civil Services Exam 2020. The Central Government of India has declared the Preliminary and Mains Exam date for the year 2020. Candidates who are preparing for the Civil Services Examination get the entire UPSC IAS Exam Syllabus Pattern, Exam Date and significant details here. Interested & willing candidates finish your online application process for the UPSC Civil Services Exam 2020 preceding the end date i.e 3rd March 2020. Reach down to know further information and download the UPSC CSE Syllabus through the Pdf by clicking the link which is given below. Contenders can use this fantastic opportunity to achieve your dream career. Prepare well to score best!!
UPSC Civil Services Selection Procedure:
UPSC Civil Services Prelims 2020 – Exam Pattern:
NOTE: 20 minutes extra time for Blind Candidates & Candidate with Locomotor Disability & Cerebral Palsy [minimum 40% impairment] UPSC Civil Services Mains Exam Pattern:
UPSC Civil Services Prelims Syllabus Paper-I – General Ability Test (GAT):
Paper-II – Civil Service Aptitude Test (CSAT):
UPSC Civil Services Mains Syllabus UPSC Civil Services Syllabus – General Studies I
UPSC Civil Services Syllabus – General Studies II
UPSC Civil Services Syllabus – General Studies III
UPSC Civil Services Syllabus – General Studies-IV
UPSC CSE Optional Subjects (Paper-I & Paper-II):
[Download: UPSC CSE Syllabus Pdf]
| BSEB Result 2020 | Check Bihar Matriculation and Inter Exam Results @ biharboardonline.bihar.gov.in Posted: 09 Mar 2020 10:38 PM PDT BSEB Result 2020: Dear Folks !!! Have you done with the written examination and waiting for the Bihar STET Result 2020? If yes, then check this article. The Bihar School Examination Board is planning to release the Bihar STET Result in the month of March 2020 (Tentatively). For the sake of the candidates, we have provided the direct link to download the Bihar Secondary Teachers Eligibility Test Result 2020 on this page.
Bihar STET Result 2020
Bihar SEB Matriculation and Inter Result 2020: Dear Folks !!! Most of the aspirants are searching for the BSEB Matriculation and Inter Result 2020. The Bihar School of Examination Board (BSEB) has commenced the BSEB Matriculation Examination on 13th February 2020 and BSEB Inter Examination on 24th February 2020. Whereas the students can get the direct link to check Bihar Board Matriculation and Inter Result 2020. Moreover, the Department is planning to release the BSEB Result 2020 by the end of March 2020 or in the first week of April 2020 tentatively. BSEB Matriculation and Inter Result 2020
Bihar SEB Olympiad Result 2020: Dear Folks !!! Most of the aspirants are searching for the BSEB Olympiad Result 2020. The Bihar School of Examination Board (BSEB) has commenced the BSEB Olympiad Examination on 29th January 2020. Whereas the students can get the direct link to check Bihar Board Olympiad Result 2020 for the Board Olympiad in Science, Mathematics, and English Quiz. Therefore, the Bihar School of Examination Board has announced the BSEB Olympiad Result 2020 on 04th March 2020. From this page, candidates can get all the details regarding the BSEB Olympiad Exam Results 2020. BSEB Olympiad Result 2020
BSEB STET Result 2020 Declared @ biharboardonline.bihar.gov.in: Aspirants who are searching for the Bihar School Examination Board Result 2020 can get their Bihar STET Results on this page. Candidates who have appeared for the Bihar Secondary Teachers Eligibility Test on 28th January 2020 can go through the entire page to get the Bihar Board STET Result 2020. The Bihar School Examination Board will release the BSEB Secondary Teachers Eligibility Test Result in the month of March 2020 (Tentatively). In order to help the candidates, we have provided the direct download link to check their BSEB Result 2020. And the link will be activated at the time of the official announcement. Candidates can also check the BSEB STET Cut Off Marks and Merit List 2020 here. BSEB Secondary Teachers Eligibility Test Result 2020
Most of the aspirants are eagerly waiting for the BSEB Secondary Teachers Eligibility Test Result 2020. Those aspirants are suggested to read the complete details on this page. All the candidates can use their Registration Number provided in the BSEB Admit Card 2020 to download the Bihar Secondary Teachers Eligibility Test Result 2020 from the Official website. Also, we had provided some steps to download the BSEB Results 2020 from the website of the Bihar School Examination Board @ bsebstet2019.in. Candidates can check the BSEB Result from the direct link which is given at the end of the page. BSEB STET Cut Off Marks 2020All the exam participants can check the information on the Bihar Board STET Cut Off Marks 2020 on this page. Candidates with minimum marks in the written test are eligible for the next round of the interview process. Aspirants can check the BSEB Cut Off Marks 2020 list after announced on the official website. The higher authority of the Bihar School Examination Board has some essential factors to shortlist the candidates who have attended the Secondary Teachers Eligibility Test 2020 and Physical Education & Health Instructor Ability Test 2020. Based on the following factors like
Bihar Board STET Merit List 2020In this section, we have provided the complete details about the BSEB Merit List 2020 here. The Bihar School Examination Board prepares the BSEB STET Merit List 2020 according to the performance of the applicants in the written examination. Candidates with the highest marks in the written examination are shortlisted and placed in the BSEB Secondary Teachers Eligibility Test Merit List 2020. Candidates can check the status of the Secondary Teachers Eligibility Test and Physical Education & Health Instructor Ability Test Merit List 2020 from the official website @ bsebstet2019.in. How to Download Bihar Secondary Teachers Eligibility Test Result 2020?
Direct Links to Download Bihar STET Result 2020
| NVS Admit Card 2020 Released for Class 6 April Exam | Check Phase 2 Exam Date Here Posted: 09 Mar 2020 10:36 PM PDT JNVST Class 9 Admit Card 2020 Released | The board released the admit card for the Class 9 Exam. Hence, the Class 9 Exam will be held on 08th February 2020. Therefore, let all the candidates can download the hall ticket from the direct link provided at the bottom of the section. The Institute issued the JNVST Class 9 Admit Card on 18th January 2020.
JNV Class 9 Hall Ticket 2020 – Overview
{NVS Class 9 Admit Card 2020 Download} JNV Admit Card 2020 – The Navodaya Vidyalaya Samiti is going to conduct the Phase 2 Exam on 11th April 2020. Hence, Candidates who are going to clear the Phase I Exam with eligible scoring are only eligible to take down the Phase-II Examination. Though, the Institute released the Navodaya Vidyalaya Class 6 Admit Card on 09th March 2020. So keep track on our webpage to get the Navodaya Vidyalaya Admit Card. JNV Admit Card 6th Class 2020 – HighLights
{NVS Class 6 Admit Card Download} JNV Admit Card 2020 – The Jawahar Navodaya Vidyalaya Samiti has released the NVS Admit Card Details for Entrance Exam. All the registered students can download their Admit Card before the exam schedule. The Jawahar Navodaya Vidyalaya has released the NVS Class 6 Admit Card details for JNVST Phase1-1 Examinations. It would be an important document for all the students. The Student who failed to take the JNVST Admit Card will not be allowed to write the exam. Asper the Notifications from the JNVST Board only the applied Students can download the Navodaya Vidyalaya Admit Card from the below-given link. The released Admit Card is only for Class – 6 and the exam date for the entrance exam are 11th January 2020 & Phase 2 Exam on 11th April 2020 based on the State. JNV Admit Card 2020 – Overview
Jawahar Navodaya Vidyalaya Exam Process The Jawahar Navodaya Vidyalaya Selection Team segregated the exam process given below. It could be only objective type questions. So the students need to prepare for their JNV Class 6 exam based on the below table. Only an extra 30 minutes given to differently-abled students. Download the JNV Admit Card by the side of the exam preparation to take down the examination.
Jawahar Navodaya Exam Center DetailsEvery year the Jawahar Navodaya Board will have an exam on 28 states and 7 Union Territories for Class Students. Now the JNV Board has officially confirmed the exam dates with different states, based on the location the exam dates may vary for the students. So below table represents a clear view of the exam dates and states. Students need to visit our website or official Website to know the updates from the JNVST Board.
Mandatory Details on JNV Admit Card 2020The JNVST Admit Card contains all vital details about the students. Below are a few general details given should be available on your NVS Admit Card. Along with the Admit Card Student also carry Adhar Card will be very useful to the JNV Board at the time of Verifications.
JNV Exam Date 2020 | 11th January 2020 & 11th April 2020 Steps to get JNV Admit Card 2020To Download NVS Class 6 Admit Card, Students need to provide their registration number along with their Date of Birth. The Students who are not registered with JVNST Exam will not be able to download their JNV Admit Card. Follow the provided below steps to download your Admit Card.
Important Links
JNVST Result – The JNVST result will be updated on our official Webpage, once it is confirmed from the JNVST Board. Visit recruitment.guru daily basis to get the complete updates about the Government Exams. Other Important Links | Income Tax Dept Syllabus 2020 – Inspector, MTS Exam Pattern @ incometaxindia.gov.in Posted: 09 Mar 2020 10:32 PM PDT Income Tax Syllabus – Most of the candidates who have applied for the exam are eagerly searching for the Income Tax Syllabus Pdf 2020. Are you one of them? Then you are in the right place. We have given here the entire details on this page. Most of the candidates have already started their preparation. But some of them are struggling a lot to find the exact syllabus. For those candidates, we have given the links below on this page.
Income Tax Syllabus 2020 for Inspector of Income Tax, Income Tax Officer, Multitasking Staff, Tax Assistant & Other Posts is updated here. Candidates who are looking forward to appearing for the examination for the given posts can get here the complete syllabus details as well as the Exam Pattern to prepare well for the exam. Also, get all other links like Income Tax Dept Syllabus, Previous Papers, and other relevant data.
Every year the Income Tax Department releases various vacancies out of which only a few aspirants are able to grab the opportunity. For those, we are providing here the updated Income Tax Dept Syllabus so that candidates can start their exam preparation before itself. So, go through the complete article and get detailed information.
The Selection Process for the applicants who have applied for the posts of Inspector of Income Tax, Income Tax Officer, Tax Assistant, MTS & Others will be based on the following steps-
For the Income Tax Officer Posts, there will be two parts-
For the posts of Income-tax assistant and MTS Examination, there will two papers-
Income Tax Syllabus – Reasoning
Income Tax Department Syllabus 2020 – Numerical Aptitude
Income Tax Exam Syllabus 2020 – English
Income Tax Dept Tax Assistant Syllabus 2020 – General Awareness
Recommended Reading:
| Download ISRO Exam Admit Card 2020 (OUT) @ isro.gov.in | Check Exam Dates Here Posted: 09 Mar 2020 10:22 PM PDT ISRO Admit Card 2020 OUT for Technical Assistant, Technician B & Draughtsman B post. Thus, the Hall Ticket is now available to download at the bottom of the section. Make sure to get it before the last date. The exam date has been given as 15th March 2020. Download the ISRO Admit Card from now onwards.
ISRO Hall Ticket 2020 – Overview
ISRO Assistant Admit Card 2020 – Candidates who have successfully applied for the post of Technical, Scientific & Library Assistants can now download the ISRO Hall Ticket at the bottom of the section. Hence, the ISRO Exam will be conducted on 04th April 2020. Moreover, the direct link to download the ISRO Assistant Admit Card is available at the below table. ISRO Assistant Hall Ticket 2020 – HighLights
ISRO Admit Card 2020 Released– The Indian Space Research Organization is going to conduct the exam on 12th January 2020. Therefore, the organization has released the exam admit card on 30th December 2019. From this page, candidates can get the syllabus, exam pattern & other important details to clear the exam. Read the complete article to get detailed information for the post of Scientist/ Engineer 'SC' (Civil, Electrical, Refrigeration & Air Conditioning, Architecture). ISRO Admit Card 2020 @ isro.gov.in| Overview
[Apply for Other ISRO Recruitment 2020] Information to be checked in ISRO Scientist Admit Card 2020Get the Indian Space Research Organization Admit Card from the below section from 01st Week of January 2020 onwards. Candidates can download the hall ticket by providing the login entries in that. The ISRO Exam Admit Card details are as follows,
ISRO Scientist Exam 2020ISRO Exam Date 2020 | 12th January 2020 The organization has declared the exam date to be conducted at various locations. Candidates can get the exam centre details after printing the ISRO Admit Card 2020. Download the ISRO Syllabus for Scientist & Other posts from here and make the exam preparation. Examiners may also get the ISRO Previous Papers for the exam preparation. Get the Exam Pattern for the Scientist Exam from the syllabus section. Identity Proofs needed with ISRO Exam Admit Card 2020The Indian Space Research Organization advised the examiners to carry the valid original identity proofs to the exam hall. Make sure to get the admit card before the last date. You can go through the steps provided at the bottom of the section for the ISRO Scientist Admit Card Download.
How to Get ISRO Scientist Admit Card 2020?
ISRO Hall Ticket 2020 | Important Links
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| DSSSB JE, AE Syllabus 2020 of Tier I & II Exam Pattern Pdf @dsssbonline.nic.in Posted: 09 Mar 2020 10:16 PM PDT DSSSB JE Syllabus: Free Download Pdf available for DSSSB JE Syllabus 2020. Participants of Delhi Subordinate Service Selection Board Recruitment 2020 can check here the complete Junior Engineer & Assistant Engineer Syllabus. So, Download the Syllabus Pdf and Exam Pattern given below for the Group B & Group C posts.
Individuals who applied for Govt Jobs in Delhi Subordinate Service Selection Board vacancies can be recruited through written examination. Candidates who are appearing for this exam will be searching for DSSSB JE Syllabus & DSSSB AE Exam Pattern. Before initiating the Exam preparation once, go through the Jr Engineer syllabus and its paper pattern. In this article, We are providing the complete Syllabus & Exam Pattern for the guidance of candidates. You may also check the official website dassbonline.nic.in for JE Exam details. The DSSSB AE Syllabus PDF is also available for download from the link given below. Download the JE Tier II Model papers from below enclosed links for efficient preparation.
Candidates who are applying for the posts of Junior Engineer & Assistant Engineer can get here the complete DSSSB Recruitment 2020 Syllabus. For that go through the following selection criteria:
DSSSB Jr Engineer Tier 1 Exam Pattern 2020
The DSSSB Tier I Exam consists of the following features:
Delhi SSSB Junior Engineer (JE) Tier 2 Exam Pattern 2020
Delhi SSSB Asst Engineer Tier 1 Exam Pattern Pdf
DSSSB AE Tier 2 Exam Pattern 2020 Pdf
DSSSB JE & AE Tier 1 Exam Pattern 2020 PdfGeneral Awareness
General Intelligence & Reasoning Ability
Arithmetic & Numerical Ability
Hindi Language, English Language & Comprehension
Subject ConcernedAccording to the qualification prescribed in Recruitment Rules for the post. DSSSB Jr Engineer Tier 2 Exam Syllabus 2020
The DSSSB Exam pattern helps to know the structure of the written examination. By this pattern, candidates can know on which subject the questions are asked in the Tier II exam. Following the information also help to know the weightage of marks in the exam. On this page, we also provided the Subject sub-topics for the Tier II Written test. Therefore, Note down the subject topics and make a schedule for exam preparation accordingly. DSSSB JE Civil Syllabus for English & Comprehension
DSSSB AE Tier-II Syllabus for English (Descriptive)
DSSSB Asst Engineer Tier II Syllabus 2020 for Concerned Subject
For Junior Engineer Civil and Electrical syllabus, click on the below link and download the syllabi.
The provided DSSSB Tier II Syllabus Pdf 2020 is for reference purpose. We may not guarantee that same related topic questions are asked in the DSSSB Junior Engineer exam 2020. So, use these JE syllabi as a referral. Visit the official website www.delhi.gov.in of Subordinate Service Selection Board to further information on delhi.gov.in Tier 2 exam. Following provided link is for Delhi SSSB Tier I Exam Syllabus 2020 & Tier 2 syllabus.
| BSF Syllabus 2020 PDF – Download Head Constable, SI & Other Exam Pattern @ bsf.nic.in Posted: 09 Mar 2020 10:16 PM PDT BSF Syllabus for Head Constable, Constable, and others is available on our page. Applied for the BSF Recruitment 2020? Then you are in the right place. Here we provide you the clear details about the Border Security Force exam syllabus and written test pattern for various posts like Group B & C, Sub-Inspector, Constable, Constable GD, JE & other. However, the applicants of the BSF Recruitment are advised to check the details and start preparing for the BSF written examination 2020.
BSF Syllabus 2020: Hello Folks !! Border Security Force Officials are going to conducting the PET/PST & Documentation from 02nd December to 21 December 2019 and also phase II Examination on 02nd February 2020 for recruiting 1072 Head Constables. So all the aspirants should take an entire analysis of the BSF Head Constable Syllabus 2020 and also the Exam Pattern along with the BSF Head Constable Previous Years Papers to make preparation efficient for BSF Recruitment 2020. To prepare well for the examination candidates should refer all the topics covered for the examination. We suggested the aspirants refer to BSF Head Constable Syllabus 2020 to secure top marks in the written examination.
BSF Head Constable Phase I – Written Examination
Phase II – PST, PET and Document Verification
BSF Head Constable Physical Efficiency Test | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Category | Events | |
| Race | Time | |
| Male | 1.6 KM | 6.5 Minutes |
| Female | 800 meters | 4 Minutes |
| Long Jump | Chances | |
| Male | 3.65 Meters | 3 Chances |
| Female | 9 feet | 3 Chances |
| High Jump | Chances | |
| Male | 1.2 Meters | 3 Chances |
| Female | 3 Feet | 3 Chances |
Phase III – Descriptive Examination
For HC RO Candidates
| Name of the Subject | Number of Marks | Time Duration |
| Physics | 150 | 90 minutes |
| Mathematics | ||
| Chemistry | ||
| Reasoning & English | ||
| Total | 150 | 90 minutes |
For HC RM Candidates
| Name of the Subject | Number of Marks | Time Duration |
| Physics | 200 | 180 minutes |
| Mathematics | ||
| Chemistry | ||
| Reasoning & Electronics | ||
| Total | 200 | 180 minutes |
Phase IV – Medical Examination
- Minimum distance Vision should be 6/6 and 6/9 of both eyes without correction e.i. without wearing glass.
- Candidates must have passed a high-grade color vision test.
- Must have not knock-knee, flat foot, varicose vein or squint eyes and they should possess CP-III by ISHIHARA.
- Must be Bodily and Mentally healthy fit.
BSF Head Constable Selection Procedures:
Selection Procedures for Border Security Force Head Constable Exam will be based on the following phases. Aspirants who want to get through this exam have to perform well in all of these phases. So, the exam phases are prescribed below
- Written Examination
- Physical Efficiency Test
- Personal Skill Test
- Documentation
- Medical Examination
Download BSF Head Constable Syllabus 2020 PDF |
BSF Head Constable Syllabus 2020 – Mathematics
- Trigonometry
- Cartesian System of Rectangular Coordinates
- Statistics
- Complex Numbers
- Quadratic Equations
- Differentiation
- Introduction to Three Dimensional Geometry
- Straight Lines
- Circles
- Relations and Functions
- Logarithms
- Sequences and Series
- Conic Sections
- Permutations and Combinations
- Vectors
- Limits and Continuity
- Applications of Derivatives
- Indefinite Integrals Binomial Theorem
- Matrices
- Determinants
- Definite Integrals
- Exponential and Logarithmic Series
- Sets and Set Theory
- Probability Function
BSF Head Constable Physics Syllabus 2020
- Molecular Physics
- Condensed Matter Physics
- Thermodynamics
- Statistical Mechanics
- Nuclear and Particle Physics
- Mathematical Methods
- Classical Mechanics
- Relativity
- Atomic
- Quantum Theory and its Applications
- Electromagnetic Theory
- Electronics
- Experimental Physics
Chemistry – BSF Head Constable Syllabus
- General Chemistry
- Structure of Atom
- Electrochemistry
- Periodicity
- Solid State
- Solutions
- Redox Reactions
- Chemical Kinetics
- States of Matter
- Equilibrium
- Thermodynamics
- Classification of Elements
- Molecular Structure
- Chemical Bonding
- Surface Chemistry
- Processes of Isolation of Elements
- Coordination Compounds
- P, D, F Block Elements
- Hydrogen
- D Block Elements
- Alkali and Alkaline earth metals (S Block)
- Haloarenes
- General Organic Chemistry
- Carboxylic Acids
- Biomolecules
- Hydrocarbons
- Alcohols
- Haloalkanes
- Aldehydes
- Phenols
- Ketones
- Ethers
- Environmental Chemistry
- Amines
- Chemistry in Everyday Life
BSF Head Constable General Knowledge Syllabus
- Awards
- Authors
- Flower
- Defense
- Culture
- Religion
- Languages
- Capitals
- Dance
- Currencies
- Bird
- Animal
- Mountains
- Ports
- Inland Harbours
- Number of Players
- Culture
- Abbreviations
- Discoveries
- Diseases and Nutrition
- Wars and
- Neighbors
- Current Affairs
- History
- Anthem
- Important National Facts
- Heritage and Arts
- Song
- Flag
- Monuments
- Personalities
- Freedom Movement
- Championships
- Winners
- Terms
- Common Names
- Full forms
- Soil
- Rivers
- Religion
- Dance
- Heritage and Arts
General English – BSF Head Constable Syllabus
- Idioms and Phrases
- Sentence Improvement
- Synonyms
- Sentence Arrangement
- Substitution
- Sentence
- Active and Passive Voice
- Completion
- Spelling Test
- Error Correction (Underlined Part)
- Transformation
- Para Completion
- Joining Sentences
- Error Correction (Phrase in Bold)
- Prepositions
- Antonyms
- Fill in the blanks
- Passage Completion
- Spotting Errors
- Substitutes
[BSF Head Constable Syllabus 2020 PDF]
Important Links Related To Border Security Force |
- BSF Head Constable Syllabus 2020 PDF
- Border Security Force Recruitment 2020
- BSF Constable Admit Card 2020
- BSF Head Constable Previous Papers
- Border Security Force Result 2020
BSF Constable (Tradesman) Syllabus 2020 Pdf |
Border Security Force (BSF) released notification to fill up 1763 Constable (Tradesman) posts under different trades like Tailor, Cobbler, Cook, Carpenter, Washer Man, Barber, Waiter, Sweeper, Water Carrier &, etc. There are many applicants who have applied for this post already & are searching for the latest Border Security Force (BSF) Constable (Tradesman) syllabus & exam pattern 2020 pdf. Job Seekers who are preparing for the written test of BSF Recruitment 2020 can get detailed Syllabus for BSF Constable, exam pattern, previous papers & others.
| Description | Details |
| Board Name | Border Security Force |
| Post Name | Constable (Tradesman) |
| Category | Syllabus |
| Official Website | bsf.nic.in |
Selection Process
- Physical Standard Test (PST)
- Physical Efficiency Test (PET)
- Document verification (DV)
- Trade Test
- Written Test
- Medical Examination
BSF Constable Tradesman Exam Pattern 2020-20
Border Security Force (BSF) PST Exam Pattern 2020
| Sections | Height (cms) | Chest (cms) |
| Schedule Tribes/ Adivasis of all states Union territories including Nagas and Mizos. | Male – 162.5 cms Female – 150 cms | Male – 76-81 cms Female – Nil |
| Candidates belonging to the states of Sikkim, Nagaland, Arunachal Pradesh, Manipur, Tripura, Mizoram, Meghalaya, Assam, Himachal Pradesh, Kashmir, and Leh & Ladakh regions of J&K. Men who belong to Garhwalis, Kumaonis, Gorkhas, Dogras, Marathas | Male – 165 cms Female – 155 cms | Male – 78-83 cms Female – Not applicable |
| All Other States and Union Territories | Male – 167.5 cms Female – 157 cms | Male – 78-83 cms Female – No restriction |
BSF PET (Physical Efficiency Test) Exam Pattern 2020
The candidates qualified in PST will take PET Test.
| Male | 5 Kms Running Race within 24 minutes |
| Female | 1.6 km Running Race within 8.30 minutes |
Border Security Force (BSF) Constable Tradesman Trade Test
Candidates who qualify in PST, PET & Documentation round will be selected for the Trade Test.
- Trade Test will be only qualifying in nature.
- The test will be based on the skill/qualification required for each trade.
Border Security Force (BSF) Written Exam Pattern 2020
| Subject | No of Questions | Marks |
| General Awareness/ General Knowledge | 25 | 25 |
| Elementary Mathematics | 25 | 25 |
| Aptitude | 25 | 25 |
| Hindi / English Basics | 25 | 25 |
| Total | 100 | 100 |
- The exam mode will be of Objective type questions.
- The duration of the exam will be 2 Hours.
- The exam papers can be answered either in Hindi or English.
Later on, Medical Examination will be taken after which the Final merit list will be announced according to which posts will be allotted.
Download BSF Constable Tradesman syllabus 2020 Pdf
The applicants who are searching for detailed BSF Constable Tradesman Syllabus can check under this section. Here we have listed syllabus subject wise using which you can prepare for the exam easily.
General Hindi/English
- Ability to understand correct English
- Basic comprehension and writing ability
- error recognition
- fill in the blanks
- Vocabulary
- Spellings
- Grammar
- Sentence Structure
- Synonyms
- Antonyms
- Sentence Completion
- Phrases and Idiomatic use of Words, etc.
General Awareness/General Knowledge
- History
- Geography
- Socio-Economic Development of Himachal Pradesh
- Knowledge of current events of National and International importance
- Experience in their scientific aspects
- Modern History (From 1857 onwards) of India, Indian culture, Indian Polity, Indian Economy, Geography of India.
Elementary Mathematics
- Number Systems
- Simplification
- Decimals
- Fractions
- L.C.M., H.C.F.
- Ratio & Proportion
- Percentage
- Average
- Profit & Loss
- Discount
- Simple & Compound Interest
- Mensuration
- Time & Work
- Time & Distance
- Tables & Graphs, etc.
Aptitude
- Analogies
- similarities and differences
- problem-solving
- relationship concepts
- arithmetical computation
- analytical functions
- Venn diagrams
- Ability to observe and distinguish patterns etc.
Download BSF Constable (Tradesman) Syllabus 2020 Official Pdf
BSF Group B & C Syllabus 2020 |
| Description | Details |
| Board Name | Border Security Force |
| Post Name | Group B & C |
| Category Name | Syllabus |
| Official Website | bsf.nic.in |
BSF Group B & C Syllabus & Exam Pattern 2020 |
For the BSF Group B & C Examination 2020, there will be two papers. The Paper – I will be an Objective Type with Multiple Choice Questions and the Paper-II will be a conventional type i.e. It will be a descriptive paper with a total of 10 questions. Check the below exam pattern know about the types of questions and the maximum marks.
Check BSF Group B & C Exam Pattern 2020 – SI (Master, Engine Driver, WKSP)
| Category | Subject Names | No of Question | Marks |
|---|---|---|---|
| Part – A | GK & Awareness | 25 | 25 |
| Part – B | Reasoning | 25 | 25 |
| Part – C | Numerical | 25 | 25 |
| Part – D | Trade Awareness | 25 | 25 |
| Total | 100 | 100 | |
- The duration of the exam is 2 hours.
BSF Group B & C Exam Pattern 2020 – HC (Master, ED, WKSP) & CT (Crew)
| Category | Topic Names | Total Questions | Maximum Marks |
| Part – A | GK & Awareness | 35 | 35 |
| Part – B | Reasoning | 35 | 35 |
| Part – C | Numerical | 50 | 50 |
| Total | 100 | 100 | |
- The exam mode is of conventional type
- The duration of the exam is 2 hours.
Candidates who will be selected from Paper – I and Paper – II need to undergo a Personal Interview Round. Aspirants can go through the syllabus provided below to prepare well for the upcoming examinations-
BSF Group B & C Syllabus 2020 |
General Knowledge & Awareness
- Current Affairs
- Indian Constitution
- Indian History
- Indian geography
- Sports: championships/ winners/number of players
- General Science & Technology
- Indian culture
- General polity
- Other misc. issues related to General Knowledge
Reasoning Ability
- Coding & decoding
- Relationship concepts
- Figure classification
- Spiral orientation
- Distance & directions
- Visual memory
- Series (number & alphabet)
- Other basic concepts of reasoning
Numerical Ability
- Mixed fractions
- Averages
- Profit & Loss, Discount, ratio
- Time & work
- Basics ((2X2) (3X3) multiplications) squares
- Simple interest, compound interest
- Percentages
- Simple mensuration
BSF Trade Awareness Syllabus for Master
- Management of inland vessels under all conditions.
- The rules of the road as regards both, sailing vessels and mechanically propelled vessels, their regulation, lights, fog and sound signals.
- Knowledge of the compass
- The marking and use of the lead line.
- Steps to be taken in the event of vessel grounding.
- Knowledge of storm and distress signals
- Questions on the carriage of iron ore, coal, Petroleum Products, cement fly ash & containers.
- The provisions of the rules made by IWAI in respect of Life Saving and Fire Appliances and Conduct of vessels.
- Management of inland vessels undertow or when towed or pushing.
- Provisions of the rules with regards to the carriage of passengers.
- Knowledge of Inland Vessel act
- Knowledge of Loading Marks and Stability of Inland vessels.
- Knowledge of GPS, DGPS, VHF, Radar and Echo sounder for safe navigation.
BSF Trade Awareness Syllabus for Engine Driver
- Troubleshooting of engines
- Fuel system, lubrication system and cooling system of engines
- Replacement of various lines and cylinder head of engines with appropriate knowledge of Torque
- Overhauling of engine
- Principles and working of Internal Combustion Engines
- Valve setting and injector setting of marine engine
- Adjustment of the working path of the engine to get optimum efficiency of the engine
- The provisions of the Inland vessel rules for Life Saving, Fire Appliances, and general discipline.
BSF Trade Awareness Syllabus for WKSP
- Units of measurement
- Pumps, gears, and clutches.
- Fuel system, lubrication system and cooling system of the engine
- Internal combustion engines
- Cycles of 2 stroke and 4 stroke engines
- Voltage, current, resistance, Miniature circuit breakers
- Components of diesel and petrol engines
- Electronics, diode, transistor and printed circuit board
Download BSF Group B & C Syllabus Pdf 2020
BSF Sub Inspector GD Syllabus 2020 |
BSF Sub Inspector (GD) Syllabus 2020 for the Written Examination is updated Below. However, the applicant who is looking for the BSF Syllabus can check the details from the table following. Hence, go through the BSF SI Syllabus and Exam pattern details and download the free pdf. Also, don’t forget to download the free BSF Previous Year Question Papers, Study Material pdf.
| Description | Details |
| Post Name | Sub Inspector (GD) |
| No of Vacancies | 224 |
| Category Name | Syllabus |
| Exam Date | Update Soon |
BSF Sub Inspector GD Exam Pattern & Syllabus Details 2020
Generally, the first state of Border Security Force Barth is written Examination. However, BSF SI GD Selection is also having the written Examination. Hence, the aspirants can check the Section-wise Subjects and Topic Wise Syllabus details below. Furthermore, visit the official Border Security Force Website for more details.
| S.No | Subjects |
| 1 | General Intelligence & Reasoning |
| 2 | Comprehension and Communication Skill |
| 3 | Numerical Ability |
| 4 | General Awareness & Professional Knowledge |
- Questions: Objective Type Multiple Choice Questions.
- Each Subject having 50 Questions.
- Marks: Each Question carries one Mark.
- Maximum Marks for BSF Written test is 200.
[Border Security Force (BSF) Sub Inspector GD Syllabus Pdf]
BSF Junior Engineer Syllabus 2020 |
Border Security Force Syllabus for Junior Engineer/Sub Inspector (Electrical) Group-B is updated. The Border Security force is going to hire the Engineering Graduates who belong to Electrical streams. However, the applicants of BSF JE Recruitment 2020 can check the details below. Furthermore, check the section-wise BSF JE Syllabus and Exam Pattern details here. Also, download the free BSF Junior Engineer Syllabus pdf from the link given.
| Description | Details |
| Post Name | Junior Engineer/Sub Inspector (Electrical) |
| No. of Vacancies | 36 |
| Category Name | Syllabus |
| Exam Date | Update Soon |
BSF Exam Pattern & Syllabus for JE 2020
The Border Security force is going to conduct the written Examination as a part of Stage-I in the selection process. Hence, the applicant of BSF JE Recruitment 2020 can check the details below and download the Pdf for more detailed information about the BSF Syllabus and Exam Pattern 2020 for Junior Engineer Vacancy.
Border Security Force JE Syllabus for Paper-I
| S.No | Subjects | No of Question |
| 1 | General Intelligence & Reasoning | 25 |
| 2 | General Awareness | 25 |
| 3 | General Engineering (Electrical) | 50 |
- Questions: Objective Type MCQ’s.
- Marks: Each Question Carries One Mark.
- Maximum Marks for Paper-I is 100.
BSF JE Syllabus for paper-II
| S.No | Subjects | No of Question |
| 1 | General Engineering (Electrical) | 10 |
- Maximum Marks for Paper-II is 100.
- Where 12 Questions will be given from which 10 has to be answered by the Contenders.
BSF JE/SI Syllabus Pdf 2020
BSF Sub Inspector Exam Syllabus 2020 |
The BSF SI Syllabus (Civil) is Updated below. However, Engineering Graduate who is looking for Career in Border Security forces can use this Opportunity. Check the details of the BSF SI Syllabus Civil and Exam Pattern and start Your Preparation.
| Description | Details |
| Post Name | Sub Inspector (Civil) |
| No of Vacancies | 103 |
| Category Name | Syllabus |
| Exam Date | Update Soon |
Border Security Force Exam Pattern & Syllabus (Civil)
There will be two papers I & II in the written Examination. Where the BSF Syllabus and Exam Pattern for Both papers are listed below. Download the BSF Syllabus Pdf for SI (Civil) from the link at the end.
Border Security Force (BSF) Syllabus for Paper-I
| S.No | Subjects | No of Question |
| 1 | General Intelligence & Reasoning | 25 |
| 2 | General Awareness | 25 |
| 3 | General Engineering (Civil) | 50 |
- Questions: Objective Type MCQ’s.
- Marks: Each Question Carries One Mark.
- Maximum Marks for Paper-I is 100.
BSF SI Syllabus for paper-II
| S.No | Subjects | No of Question |
| 1 | General Engineering (Civil) | 10 |
- Maximum Marks for Paper-II is 100.
- Where 12 Questions will be given from which 10 has to be answered by the Contenders.
Border Security Force SI Syllabus Civil Pdf
BSF Constable Syllabus 2020 |
BSF Syllabus 2020 for the Post of Constable GD is available here. The Border Security Force recently announced a huge vacancy count of 16,984. Hence, if you not yet applied here is the BSF Recruitment Notification and Application Link details. However, we updated the latest BSF Syllabus for Constable CBT Examination. Have a look at the BSF Syllabus & Exam Pattern in the sections below. Also, download free BSF Constable Syllabus Pdf from the link below.
| Description | Details |
| Job Designation | Constable (General Deputy) |
| No. of Vacancies | 16,984 |
| Category Name | Syllabus |
| BSF Constable Exam Date 2020 | 4th August 2020 |
BSF Constable Exam Pattern 2020
The Border Security Force is conducting the Computer Based Test for the Candidates who applied for Constable Posts 2020. Hence, check the CBT Exam Pattern, Subjects, and Marks allocated Section-wise in the table below. Also, check the section-wise syllabus details and download the free Pdf below. Furthermore, visit the official Border Security Force website for more details.
BSF CBT Test Pattern – Constable GD
| Subject | No of Question | Marks |
| General Intelligence & Reasoning | 25 | 25 |
| General Knowledge & General Awareness | 25 | 25 |
| Elementary Mathematics | 25 | 25 |
| English/Hindi | 25 | 25 |
| Total | 100 | 100 |
- The questions will be Objective Type only.
- Exam Duration will be 1 Hr 30 Mins.
- Computer Based Test will be conducted in English & Hindi Languages Only.
BSF Syllabus 2020 Pdf
Border Security Force Syllabus – General Intelligence & Reasoning
- Analogies
- Similarities & Differences
- Spatial Visualization.
- Spatial Orientation
- Visual Memory
- Discrimination
- Observation
- Relationship Concepts
- Arithmetical Reasoning & Figure Classification
- Number Series
- Non-Verbal Series
- Coding & Decoding Etc.
BSF Constable Exam Syllabus – General Knowledge & Awareness
- Current Events
- India and its neighboring countries.
- Sports
- Culture
- History
- Economics
- Geography
- General Politics
- Indian Constitution & Scientific Research Etc.
Border Security Force (BSF) Syllabus Pdf – Mathematics
- Number Series
- Computation of Whole Numbers.
- Fractions & Decimals and relationship b/w Numbers
- Fundamental Arithematic Operations,
- Percentage
- Ratio & Proportions
- Averages, Interest,
- Profit & Loss,
- Discount Etc.
BSF Syllabus in Hindi/English
- Basic Comprehension would be tested.
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| How Do Factor Endowments Impact a Country's Comparative Advantage? Posted: Find out how factor endowments – namely labor, land and capital – affect a country's comparative advantage and how that advantage can change over time. This posting includes an audio/video/photo media file: Download Now |
| Posted: A currency board is an extreme form of a pegged exchange rate. Often, it has directions to back all units of domestic currency with foreign currency. This posting includes an audio/video/photo media file: Download Now |
| Posted: Exchange controls are governmental restrictions imposed on the purchase and/or sale of currencies. |
| The Top 10 Biotechnology Companies (JNJ, ROG.VX) Posted: Learn how the marriage of science and technology is changing the world of medicine and creating some of the largest multinational biotechnology corporations. |
| The Average Profit Margin for a Utility Company Posted: The standard supply and demand forces are limited among energy producers, and this is directly linked with the average profit margin in the utility sector. |
| Why Lobbying Is Legal and Important in the U.S. Posted: Political lobbying is again at a heightened spend level, and again being criticized; making it important to remember lobbying's legality and importance. |
| Return on Sales (ROS) Definition Posted: Return on sales (ROS) is a financial ratio used to evaluate a company's operational efficiency. |
| 7 Reasons Investment Banking Is Not for You Posted: Are you considering developing a career in investment banking? Understand the nature of the profession and the important factors. |
| How long can accounts receivable be outstanding? Posted: Learn about a company's accounts receivable, including how long it can remain outstanding, and how their payment or lack of payment affect a business. This posting includes an audio/video/photo media file: Download Now |
| Double Irish With a Dutch Sandwich Definition Posted: The double Irish with a Dutch sandwich is a tax avoidance technique that involves using Irish and Dutch subsidiaries to shift profits to tax havens. |
| Posted: A private company is a company held under private ownership with shares that are not traded publicly on exchanges. |
| Subjective Probability Definition Posted: Subjective probability is a type of probability derived from an individual's personal judgment about whether a specific outcome is likely to occur. This posting includes an audio/video/photo media file: Download Now |
| Posted: An asset is a resource with economic value that an individual or corporation owns or controls with the expectation that it will provide a future benefit. |
| Posted: Black Wednesday refers to September 16, 1992, when a collapse in the pound sterling forced Britain to withdraw from the European Exchange Rate Mechanism. This posting includes an audio/video/photo media file: Download Now |
| Can I improve credit score with utility bill? Posted: In most states, utility providers aren't obligated to regularly report payment histories to the major credit bureaus. |
| Top Reasons Why M&A Deals Fail Posted: A significant number of M&A transactions result in failure. Here are the top reasons why it happens. |
| Abu Dhabi Investment Authority (ADIA) Posted: The Abu Dhabi Investment Authority is a government-owned investment organization that manages the sovereign wealth fund for Abu Dhabi, United Arab Emirates. This posting includes an audio/video/photo media file: Download Now |
| Posted: Par value is the face value of a bond, or for a share, the stock value stated in the corporate charter. |
| Posted: Net income after taxes is an accounting term most often found in an annual report, and used to show the company's definitive bottom line. This posting includes an audio/video/photo media file: Download Now |
| Posted: A guaranteed bond is a debt security which promises that, should the issuer default, its interest and principal payments will be made by a third party. This posting includes an audio/video/photo media file: Download Now |
| What Is a Lawsuit Settlement Loan? Posted: A lawsuit settlement loan is a cash advance for an impending settlement or judgment. There can be pricey strings attached. |
| How Do You Make Money Trading Money? Posted: Trading money, particularly in the forex market, is a speculative risk, as you are betting that the value of a currency will increase relative to another. This posting includes an audio/video/photo media file: Download Now |
| Are ETFs Considered Derivatives? Posted: Learn why most exchange-traded funds (ETFs) are not considered derivative securities and the special circumstances when this distinction may not apply. |
| The Most Expensive Neighborhoods in San Francisco Posted: Learn about the city of San Francisco and why rent has increased so much in the past few years. Discover more about the top five most expensive neighborhoods. |
| Employers' Liability Insurance Definition Posted: Employers' liability insurance is vital as a protection from losses caused by a job-related injury or illness not covered by workers' compensation. This posting includes an audio/video/photo media file: Download Now |
| Who Are Alibaba's Main Competitors? Posted: Learn about China's dominant e-commerce company, Alibaba, including its main domestic competitor, JD.com, and other players in the digital market. |
| Introduction to the Type 1 Error Posted: A type I error is a kind of error that occurs when a null hypothesis is rejected, although it is true. Discover more about the type I error. |
| Posted: Find out what you have to look forward to after filing for Chapter 7 or 13. |
| Posted: Dividends are one way in which companies share the wealth generated from the business. Discover the issues that complicate these payouts for investors. |
| What Are the Risks of Investing in Treasury bonds? Posted: Read about the risks of investing in U.S. Treasury bonds, including interest rate risk, inflation risk, and opportunity costs. |
| Why Don't Stocks Begin Trading at the Previous Day's Closing Price? Posted: Between the closing bell and the next opening bell, a number of factors can affect the attractiveness of a particular stock and its share price. This posting includes an audio/video/photo media file: Download Now |
| Why use bank guarantees in long-term project contracts? Posted: Learn what a bank guarantee is and find out why it is so important to the risk and safety of a long-term project contract in the event of a default. |
| 10 Countries with the Biggest Forex Reserves Posted: Without adequate reserves, a nation's economy can grind to a halt. Here are the 10 nations that hold the most foreign reserves. This posting includes an audio/video/photo media file: Download Now |
| Posted: At par means that a bond, preferred stock, or other debt instrument is trading at its face value. It will normally trade above par or under par. This posting includes an audio/video/photo media file: Download Now |
| Posted: The Bank Secrecy Act (BSA) is federal legislation meant to prevent financial institutions from being used to launder ill-gotten gains. This posting includes an audio/video/photo media file: Download Now |
| What You Need to Know About Bankruptcy Posted: Before you file for bankruptcy, you need to learn about how the process works, what you need to do first, and how this last-resort choice will affect your financial and maybe even your employment future. This posting includes an audio/video/photo media file: Download Now |
| How Refinancing a Mortgage Affects Your Net Worth Posted: Find out how to determine whether refinancing will put you ahead—or even more behind. |
| Time-Varying Volatility Definition Posted: Time-varying volatility refers to the fluctuations in volatility over different time periods. This posting includes an audio/video/photo media file: Download Now |
| Posted: Boomernomics is the economy of the "baby boomer" generation, which can inform an investment strategy to capitalize on their consumption patterns. This posting includes an audio/video/photo media file: Download Now |
| Posted: Value deflation happens when companies reduce the size or quality of the product or service they are offering in order to hide price rises. This posting includes an audio/video/photo media file: Download Now |
| How Car Insurance Companies Value Cars Posted: Understand the methodology used by car insurance companies to value cars and learn why your insurance may not cover the cost of a similar vehicle. This posting includes an audio/video/photo media file: Download Now |
| The Most Expensive Neighborhoods in London Posted: Learn about the top five most expensive neighborhoods in London to understand what makes it such a desirable place to live and why it is so expensive. |
| Hedge Fund vs. Private Equity Fund: What's the Difference? Posted: Learn the primary differences between hedge funds and private equity funds, both of which are used by high-net-worth investors. |
| Posted: Bond insurance guarantees that even if the issuer of the bond defaults, payments of interest and the principal are still guaranteed by the insurance company. This posting includes an audio/video/photo media file: Download Now |
| Posted: A short gold ETF is an exchange-traded fund (ETF) which seeks to profit from a decline in the price of gold. |
| Posted: Clash reinsurance provides risk management for primary insurers who may receive multiple claims from policyholders resulting from a single event. |
| Posted: A co-owner is an individual or group that shares ownership in an asset with another individual or group. |
| Can I Have More Than Three Original Bills of Lading? Posted: Find out how many bills of lading copies are allowed when importing or exporting, when to ship by air or sea, and what type of bill of lading to use. |
| Top United Parcel Service, Inc. (UPS) Shareholders Posted: Learn about the history of United Parcel Service Inc., and the shipping company's top institutional and insider shareholders. |
| Posted: A block house is a brokerage firm that specializes in locating potential buyers and sellers of large trades. This posting includes an audio/video/photo media file: Download Now |
| Deep Discount Broker Definition Posted: A deep discount broker handles buys and sales of securities for customers on exchanges at even lower commission rates than regular discount brokers. |
| Posted: Sub-pennying is a practice where brokers, dealers or high-frequency traders jump to the front of the line in the National Best Bid and Offer. |
| Posted: A cash discount may be used by a seller as an incentive to a buyer for paying a bill before the scheduled due date. |
| Posted: Normal spoilage refers to the inherent worsening of products during the extraction, production, or inventory processes of the sales cycle. This posting includes an audio/video/photo media file: Download Now |
| Posted: Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. |
| Should Companies Always Have High Liquidity? Posted: Understand the significance of the liquidity ratio and how it is used in conjunction with other measures to arrive at an overall evaluation of a company. |
| Paper Profit (Paper Loss) Definition Posted: A paper profit (or loss) is an unrealized capital gain (or loss) in an investment, or the difference between the purchase price and the current price. This posting includes an audio/video/photo media file: Download Now |
| Posted: Basis trading is a trading strategy that seeks to profit from perceived mispricing of securities, capitalizing on small basis point changes in value. |
| Posted: An uncovered option, or naked option, is an options position that is not backed by an offsetting position in the underlying asset. |
| Posted: Contractor fraud refers to illegal business practices committed by individual contractors or firms hired to renovate, repair or (re)build residential properties. This posting includes an audio/video/photo media file: Download Now |
| 2 Ways Hedge Funds Avoid Paying Taxes Posted: Learn about two strategies hedge funds use to minimize their tax liabilities. Read why some hedge funds are in the reinsurance business in Bermuda. This posting includes an audio/video/photo media file: Download Now |
| Does Your Car Insurance Company Report Accidents to the DMV? Posted: In most cases, your car insurance company does not report accidents to the DMV, but states require police to under certain circumstances. |
| How is absorption costing treated under GAAP? Posted: Read about the required use of the absorption costing method for all external reports under generally accepted accounting principles (GAAP). |
| Posted: An account current summarizes the performance of an agent's insurance policies and helps to reconcile payments between the agent and the insurer. This posting includes an audio/video/photo media file: Download Now |
| How Much Is A Homemaker Worth? Posted: If a stay-at-home mom or dad took their skills to the marketplace, they could make much more than the average American. Find out how much. |
| Contemplating Collectible Investments Posted: Profit margins on collectibles are slim, but that needn't deter those with a passion for eras past. |
| Posted: The absorption rate is the rate at which homes are sold in a particular market during a specific time period. |
| Posted: Flextime is a work arrangement that allows employees to choose their workday's starting and finishing time. |
| Posted: A negative covenant is a bond covenant preventing certain activities, unless agreed to by the bondholders. This posting includes an audio/video/photo media file: Download Now |
| Posted: Broadband refers to various high-capacity technologies that transmit data, voice, and video across long distances and at high speeds. |
| Posted: A fidelity bond is a type of insurance that offers a business protection against losses caused by employees who commit fraud. |
| Posted: An aggressive growth fund seeks above-average returns by taking above-average risk in high-growth companies. |
| Posted: Mutual fund timing is the practice of trading mutual funds according to net asset value (NAV) closing prices vs. trade prices to gain short-term profits. |
| The Right Time to Change From Mutual Funds to ETFS Posted: Find out how to determine when it's the right time for you to switch from mutual funds to ETFs, including the benefits of ETFs and who they are best for. This posting includes an audio/video/photo media file: Download Now |
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economic news of india - world economic news - economics news for students - indian economy news
Posted: 09 Mar 2020 08:39 PM PDT
economic news of india - world economic news - economics news for students - indian economy news |
- What Saudi's Russian Roulette with oil could mean for the world
- Tariff-induced breather for telcos soon
- In a first, India figures on arms exporters list
- Yes Bank: SBI to submit rescue plan to RBI in a week
- RBI to submit Yes Bank revival plan to cabinet for approval soon
- Moratorium on withdrawals may go by Saturday: Prashant Kumar, Yes Bank Administrator
- After a brief trading halt, Wall Street joins global market rout
- Shankar Sharma steers clear of equity, senses recession ahead
- Twitter's Jack Dorsey keeps job after deal with Elliott, Silver Lake
| What Saudi's Russian Roulette with oil could mean for the world Posted: FRANKFURT: A clash of two oil titans - Saudi Arabia and Russia - is sending shock waves through energy markets, with wide-ranging implications for consumers and oil companies, including those in the No. 1 producing country, the United States.The spat between these vital oil suppliers comes at a critical moment; the coronavirus outbreak is squeezing economies around the globe to the point where world oil demand is forecast to shrink in 2020 for the first time since 2009.Oil prices fell Monday by the most in one day since the 1991 Gulf War. The price of U.S. crude fell as much as 34% to $27.34 a barrel, a stunning drop for one day & the lowest price since early 2016.The decline followed Russia's refusal last week to join the OPEC oil cartel in proposed production cuts aimed at supporting prices. Thwarted in its search for cuts, Saudi Arabia, the leading OPEC member, sharply changed course over the weekend by cutting prices and signaling it will ramp up production.Here is a look at the oil price war and what it could mean over the longer term in the industry as well as for consumers at the gas pump.WHY ARE OIL PRICES FALLING?First came the coronavirus outbreak, which reduced travel and transport, sharply reducing demand for fuel. The international Brent benchmark had fallen from $69 at the start of the year to around $50 last week.Then came last week's meeting between OPEC and non-member countries. On the agenda: a production cut of 1.5 million barrels a day, or about 1.5% of global production. The idea was to keep prices from sagging even more as demand is expected to fall this year. Saudi Arabia, the world's No. 2 oil producer, wanted No. 3 Russia and other nonmembers to take 500,000 barrels per day of the cuts. Since 2016, the Saudis and the Russians have worked together on production issues.But this time the Russians balked. They refused to join new cuts, or even to extend previous production cuts that were due to expire at the end of March. And the Saudis hit back, telling customers that they were going to ramp up production and slash prices for Asian customers.WHAT IS SAUDI ARABIA'S GOAL?First, protecting market share. Both Saudi Arabia and Russia have seen U.S. producers take a chunk of their market, and falling prices help keep customers on board.Second, Saudi Arabia may hope that the pain of low prices will force a Russian rethink. "Saudi Arabia has de facto launched a price war against Russia, promising to sell its oil at a discount in order to maximize its oil revenues,'' say analysts at UniCredit bank. ``It appears Saudi Arabia wants to cement its position as the world's top oil exporter and to persuade Moscow to return to the negotiating table.''WHAT'S BEHIND RUSSIA'S REFUSAL?Russia may have seen no point in cutting production only to lose market share as U.S. shale producers in Texas and New Mexico take up the slack. Analysts say Saudi Arabia may be underestimating Russia's ability to weather low prices. Both countries are heavily dependent on oil revenues for their state budgets. But Russia says it can balance its budget at around $42 a barrel for its own benchmark crude. Saudi Arabia, whose economy is less diverse, needs more than $80 per barrel, according to the International Monetary Fund, even though its costs are much lower than Russia's.What Saudi Arabia has done is to send prices so low that both will feel a serious crunch.And Russia may have a longer-term target: the U.S. oil industry."The Russians are doing this out of long-term strategic considerations,`` said Tom Adshead, research director for the Macro-Advisory consulting firm in Moscow. ``Their view is that by doing this they can damage the financial health of U.S. shale-oil producers and that by doing this they can take a lot of U.S. capacity offline and thereby remove U.S. producers as a source of competition. The other thing that is on their mind in all this is that if they cut then that will also primarily benefit U.S. producers.""So they've decided they're going to take some short-term pain in order to inflict damage on one of their major competitors,'' Adshead said.Stephen Innes, chief market strategist at financial services firm AxiCorp., says Russian President Vladimir Putin may also have decided to hit back at the U.S. industry after Washington placed sanctions on Russian state oil company Rosneft for marketing Venezuela's oil.WHAT DOES THIS MEAN FOR US PRODUCERS?The current low prices could constrain activity in the American shale oil industry. A downturn in oil prices in 2014-2016 hurt companies in places like the Permian Basin in west Texas and eastern New Mexico. According to the Federal Reserve Bank of Dallas, $50 per barrel is the price at which it becomes profitable to drill a new well in the U.S. Large producers such as Exxon have already scaled back with prices at $50 a barrel. In Texas, the number of active rigs fell from 553 in October 2018 to 398 in January 2020. Around the same time, the oil industry in Texas shed about 14,000 jobs"With the growth phase of the shale boom grinding to a halt due to the lack of investment in the industry, now U.S. shale oil could find itself running into a brick wall,'' says Innes from AxiCorp.The head of the International Energy Agency, Fatih Birol, believes the U.S. shale industry will survive but the risks are high. He warned countries against being rash with big production decisions: "This is not a Russian roulette.''WHAT'S IT MEAN FOR PRICES AT THE PUMP?Most of the price of gasoline in the United States simply reflects the price of oil, so lower crude prices should mean lower pump prices with a lag of about six weeks. Right now, they're at $2.42 according to the U.S Energy Information Administration. When crude fell to $36 in 2016, prices at the pump averaged $2.15. Lower pump prices mean people have more to spend on other goods.The impact is less pronounced in Europe since most of the price is made up of taxes. Currently, gasoline costs 1.32 euros per liter in Germany, or about $5.70 per gallon. |
| Tariff-induced breather for telcos soon Posted: KOLKATA: The price increases by telcos in December will likely more than offset revenue dips caused by any resultant reduction of voice and data services during the January-March quarter, analysts and industry experts said.The telcos are likely to report around 10% on-quarter growth in average revenue per user (ARPU) – a key performance metric – in the fourth quarter, when the major impact of the tariff hikes is expected to take effect, they said. Bharti Airtel, Vodafone Idea and Reliance Jio Infocomm increased their bundled tariffs 14-33% in early December for the first time after a three-year hiatus.The Big 3 telcos are expected "to report meaningful sequential revenue growth and an 8-10% on-quarter rise in ARPU in the March quarter," said Rajiv Sharma, research head at SBICap Securities. "The beneficial impact of the December price hikes would outweigh any potential revenue slippages caused by an estimated 3% on-quarter fall in consumption and customer downtrading to lower value plans" after the rise in tariffs.Nitin Soni, director (corporates) at global research firm Fitch, estimates Airtel will report 20% on-year growth in operating income, or earnings before interest, tax, depreciation & amortisation, in FY20, primarily on the strength of the tariff increases.Airtel, Vodafone Idea and Jio had not responded to ET's queries by press time. 74558360 "It would be fair to say that operators expect the tariff increases to adequately compensate for any reduction in usage," Rajan Mathews, director general of the Cellular Operators Association of India, told ET. The group represents Airtel, Jio and Vodafone Idea. However, he said telcos would need to assess the impact of the tariff hikes over a longer period as plans have varying validity periods of two-to-three months that would need to be exhausted before customers buy new increased tariff vouchers.Mathews added that the actual impact of the tariff hikes would also be clearer once older prepaid card stocks are exhausted. |
| In a first, India figures on arms exporters list Posted: NEW DELHI: In a first, India has figured on a list of global arms exporters, making a modest entry at number 23 but the ranking is likely to rise sharply over the coming years with the government's focus on encouraging weapons sales abroad.The latest data on global arms transfer by SIPRI shows that Indian arms imports have come down significantly (by 32%) since 2015, indicating that the 'Make in India' initiative is gaining ground but the country is still ranked as the world's second biggest weapons buyers, just behind Saudi Arabia.Interestingly, imports from the US have taken a huge dip in the past five years, with the data showing that Russia now accounts for 56% of arms supplies. In fact, the US no longer figures among the top three suppliers of arms to India. After Russia, Israel at 14% and France at 12% are the major sources of weapons for India.Even though India has ordered systems like the Apache and Chinook helicopters and additional P8I maritime aircraft from the US, orders to Russia – from the S 400 anti-air system to additional T 90 Tanks & helicopters have been significantly higher. The recent $3 billion deal for Apache and MH 60 'Romeo' choppers has not been taken into account in the data set."The USA became the second-largest arms supplier to India in 2010–14 as the security relationship between the two countries developed into a strategic partnership. However, in 2015–19 India continued with its policy of supplier diversification, and imports of arms from the USA were 51% lower than in 2010–14," the report says.The silver lining for India, along with the 32% dip in imports has been the entry into the exporters list. At present, the exports shown are modest – they account for only 0.2% of the global arms market – but the start is significant. India's biggest clients are Myanmar, which accounts for 46% of exports, Sri Lanka at 25% and Mauritius at 14%.As reported by ET, India has a target to increase its defence exports to $ 5 billion within five years. Defence Minister Rajnath Singh also shared at the ET Global Business Summit that the government will be extending additional Lines of Credit and grants for friendly foreign countries over the next five years. 74557564 The SIPRI data also shows the Pakistan has not become completely dependent on China for its weapon systems. Since 2015, China accounts for 73% of arms imports by Pakistan. |
| Yes Bank: SBI to submit rescue plan to RBI in a week Posted: MUMBAI: State Bank of India (SBI) will submit its rescue plan for Yes Bank within a week to the Reserve Bank of India (RBI) that will likely entail a maximum investment of Rs 6,000 crore for a 26% stake. The plan may involve a similar amount to be invested by a group of global investors, said people aware of the matter. The RBI is also firming up plans to provide liquidity support of at least Rs 8,000-10,000 crore to stem any flight of deposits once the moratorium on Yes Bank is lifted."RBI governor Shaktikanta Das and SBI chairman Rajnish Kumar met on Monday to firm up the plans on Yes Bank's reconstruction scheme. Liquidity support from the RBI for Yes Bank is also on the anvil," said one of persons. "The RBI liquidity line could be against a pledge of securities of a similar value. The details are being worked out."RBI-appointed administrator Prashant Kumar confirmed that Yes Bank had the support of RBI and SBI. "We have full support from the RBI as far as liquidity is concerned. There is no issue whatsoever," he said.ET reported March 9 that SBI is in talks with more than half-a-dozen investors, including Blackstone, Brookfield, Carlyle, TPG, KKR, JC Flowers and Goldman Sachs, for a potential investment in Yes Bank. The plan is to infuse fresh equity into the bank and have three-four marquee investors along with SBI and a few domestic institutions and individuals. SBI is keen to have external investors put in as much as Rs 15,500 crore but the timeline of one week is believed to have deterred some. 74559530 The SBI chairman had said Saturday that there was interest from several investors and, at a base price of Rs 2,450 crore, an investment in the bank made sense. "Many potential investors have approached us after seeing the scheme… There are some very good names," Kumar had said.Bank will Need Rs 22,000 croreThe RBI, which superseded the Yes Bank board and imposed a 30-day moratorium on Thursday, announced a draft reconstruction plan that entails an equity investment of up to 49% by SBI.As per RBI's draft scheme, the state-owned lender is required to hold a minimum 26% in Yes Bank for at least three years. Analysts estimate that the maximum of Rs 10,000 crore that SBI plans to invest in Yes Bank is less than half of what it needs to stay afloat. The beleaguered bank will need at least Rs 22,000 crore, half of which will have to come from non-SBI investors. The magnitude of the provisions required by the bank has prevented investors from infusing funds in the past. |
| RBI to submit Yes Bank revival plan to cabinet for approval soon Posted: NEW DELHI: The final restructuring plan for Yes Bank will be presented to the cabinet for approval, said people with knowledge of the matter. The Reserve Bank of India (RBI) will finalise it after considering feedback on the draft scheme placed in the public domain on Friday.The State Bank of India (SBI) will take up to 49% stake in Yes Bank as an investor as per the draft scheme announced by the RBI. Monday was the last day for submitting suggestions or comments on the scheme.The restructuring scheme will be taken to the cabinet as an administrator has been appointed for Yes Bank in consultation with the government and it also entails a substantial cash infusion by public sector lender SBI.SBI has said a board of directors will be constituted for Yes Bank comprising chief executive, managing director, non-executive chairman and non-executive directors.The finance ministry and the Prime Minister's Office are both keeping close tabs on developments, said the people cited above. "I am in continuous interaction with the RBI. The RBI is fully seized of the matter and has assured they will give a quick resolution," finance minister Nirmala Sitharaman had said on Friday. |
| Moratorium on withdrawals may go by Saturday: Prashant Kumar, Yes Bank Administrator Posted: MUMBAI: Yes Bank administrator Prashant Kumar assured depositors that their money was safe and said the ₹50,000 limit on withdrawals could be lifted as early as the end of the week if the restructuring plan gets implemented by then."It would be correct to say that the moratorium could be lifted by Saturday. We are working overnight to do this much before the RBI deadline," he told ET. "Once the moratorium is lifted, normalcy will be restored. The outer date is April 3. I would like to assure all depositors: There is absolutely no need to worry or panic. Your deposits are absolutely safe. Our top priority is to make banking services seamless and hassle-free for our customers."The lender has the backing of the Reserve Bank of India (RBI) and State Bank of India (SBI) to deal with any flight of deposits, he said. A former SBI chief financial officer, Kumar was appointed by the RBI after it superseded the Yes Bank board and imposed a 30-day moratorium on March 5 as part of a rescue plan led by SBI that was proposed the next day.Situation Under Control: Kumar"We have full support from the RBI as far as liquidity is concerned. There is no issue whatsoever," he said. Clarity on liquidity support for Yes Bank will emerge in three-four days, after which the lender expects to lift the cap on withdrawals.He acknowledged that some depositors may choose to take their money elsewhere."Flight of deposits is expected. I don't envisage a situation where this won't happen," Kumar said. "But since State Bank of India has already agreed to be the equity partner, its brand name will stem the deposit flow. Also, in the next three to four days more clarity is expected to come on the capital side as well from the RBI."Kumar said the situation was under control after panic last week, when long queues were seen outside Yes Bank ATMs with customers unable to withdraw cash."I acknowledge that customers have faced hassles, but not a single unpleasant incident happened at any of our branch or ATMs. After the initial hiccup, our customers are also responding very well to the situation," Kumar said. "My staff is very responsive. They have been working day and night to smoothen customer interface. The ATMs were up and running on the first day itself. On Saturday, ATMs of other banks were also accessible to our customers. I'm getting very good feedback from the customers. Today, we didn't even find rush in our branches, so it is normalising very quickly."He also rejected speculation over a possible merger and said Yes Bank will remain a separate entity."There is no question of a merger. I don't think that will happen," Kumar said. "SBI has said publicly that it will invest 49%, we are also in discussions with other investors which is being led by SBI. I am confident that in a couple of days the issue about the capital requirement would be taken care of, but the whole understanding and the clarity would come in the next couple of days along with our declaration of the December quarter results."Third-quarter earnings are due to be announced on March 14. The new board will be announced when the moratorium is lifted."The day the moratorium is lifted, there will be a notification through which the board will be reconstituted. Once the new board is in, it will meet and decide the future course of action," he said. "I have been communicating directly to both customers and employees, messages and emails were sent from my desk on the first day of my coming in."Kumar said he couldn't comment on what his role would once the SBI plan was implemented. "As far as my role is concerned, you will have to ask the RBI," he said. SBI's participation meant that there was no risk to depositors."We will also reach out to the customers to assure them that nothing untoward will happen to their monies. They are dealing with a much-better-governed Yes Bank now," he said. "This bank now has the backing of SBI. I firmly believe that our customers will understand that and keep their deposits and businesses with our bank." |
| After a brief trading halt, Wall Street joins global market rout Posted: Wall Street stocks were decisively lower at mid-morning Monday as mounting worries over the coronavirus and sinking oil prices led to a temporary halt in trading.The suspension was triggered after the S&P 500's losses hit seven percent, with trading resuming after 15 minutes.About an hour into trading, the broad-based S&P 500 was down 5.4 percent at 2,812.42.The benchmark Dow Jones Industrial Average sank 5.4 percent, or 1,400 points, to 24,463.37, while the tech-rich Nasdaq Composite Index fell 5.2 percent to 8,133.67.After two difficult weeks amid rising fears over the virus, markets appeared to enter a new phase of worry early Monday after oil producers failed to reach an agreement on a pact to limit output, sending oil futures crashing.In another sign of anxiety, yields on US Treasuries again plummeted to fresh all-time lows as demand surged for refuge assets such as bonds.US President Donald Trump weighed in, tweeting "Good for the consumer, gasoline prices coming down!" and blaming the market turmoil on a dispute between Saudi Arabia and Russia.The virus itself continued to prompt major economic dislocations, as Italy imposed a month-long lockdown on the country's northern region and additional major sporting events were canceled, along with concerts and industry conferences.The International Monetary Fund called for "substantial" stimulus and international coordination to counteract the economic impact of the spreading coronavirus epidemic, while the New York Federal Reserve Bank announced it will increase its daily injections of cash into financial markets by $50 billion to $150 billion to boost market liquidity.A note from Goldman Sachs said the S&P 500 could finish 2020 at 3,400 under a scenario where coronavirus is "widespread" but "relatively short-lived," but could finish at 2,450 if the outbreak pushes the US into recession.While the losses were broad-based, petroleum-linked equities were especially battered, with Dow member Chevron down about 10 percent, oil services titan Halliburton off nearly 35 percent and mid-sized producer Apache falling 40.1 percent.Banks were another big casualty, with Bank of America, Citigroup and JPMorgan Chase all down more than 10 percent.Another big bank, Wells Fargo, fell 8.4 percent, as it announced that Elizabeth Duke stepped down, the latest ripple effect from a bogus accounts scandal that has led to steep fines and an overhaul of the bank's leadership.Charles Noski, who joined the board in June 2019, will serve as the new chair, the bank announced.Twitter shed 1.7 percent, significantly outperforming the broader market, after reaching a deal with activist investors to keep Jack Dorsey as chief executive as the social media company launches a new $2 billion share repurchase plan. |
| Shankar Sharma steers clear of equity, senses recession ahead Posted: NEW DELHI: Crude oil prices will not slip below $30 a barrel unless a recession is in the works, said market veteran Shankar Sharma.Sharma said he gave up on equities at least a month back to move to other asset classes. "I moved out of equities in the first week of February. The market outlook is not pretty, and one may see further fall going ahead," Sharma, Joint MD of First Global told ETNOW.BSE Sensex crashed some 1,500 points and Nifty plunged below 10,700 in early Mumbai trade on Monday amid a brisk selloff in equities globally, after an oil price war broke out in West Asia, which sent crude oil prices plunging 31 per cent.Saudi Arabia kicked off a price war with Russia by slashing its crude prices after OPEC + talks fell apart. The oil-rich nation pledged to unleash its pent-up supply on to a market reeling from falling demand because of the coronavirus outbreak.Analysts said this suggests oil players are uncertain about demand for crude oil amid the coronavirus outbreak.Sharma said investors must let things play out instead of trying to time the peak of the virus outbreak. "Aggressive stance in this market is not warranted, given how the virus outbreak is unfolding," he said, adding that it is better to buy 10% higher than moving into the market blindly.Shankar Sharma said one needs to dial away from equities a bit at this point, if not completely.While India is usually a winner in case of oil price correction, yet investors sensed trouble."Where there is a global economic slowdown or meltdown, India has never been a winner. If oil is going down partly because demand is very weak, that does not help any economy and India is no island," said Arvind Sanger, Managing Partner at Geosphere Capital Management."Asset prices are going lower and obviously interest rates are going lower too. But interest rates and oil prices will not work till we get a sense as to how deep is this economic correction is going to be. This becomes a kind of self-fulfilling and self-feeding slowdown, where destruction in equity value will cause further economic pain and, therefore, further slowdown. We have to see how it goes," he said. Sanger said oil prices can go down in the short term till it gets to the marginal cost of oil production. "Some of the costlier producers which would be either some of the heavy oil producers in places like Canada and that could take oil $20 lower before they shut down production," he added. |
| Twitter's Jack Dorsey keeps job after deal with Elliott, Silver Lake Posted: SAN FRANSCISCO: Twitter said on Monday that it reached a deal with Elliott Management, the activist investor that had called for ousting the social media company's chief executive, Jack Dorsey.The agreement will keep Dorsey atop Twitter — at least for now — at a crucial time for the social network. It also avoids a potentially costly fight with Elliott, the $40 billion hedge fund that has successfully shaken up many corporate boardrooms. It also brings on board Silver Lake, one of Silicon Valley's biggest investors in technology companies. Silver Lake agreed to invest $1 billion in Twitter, money that would help finance the buyback of $2 billion worth of stock.As part of the agreement, both Egon Durban, Silver Lake's cochief executive, and Jesse Cohn, the Elliott executive who oversaw the Twitter campaign, will take seats on Twitter's board. The board will search for a third independent director, with an emphasis on finding an expert in artificial intelligence and other technologies.The announcement on Monday caps what briefly looked like a potential battle for the leadership of Twitter. Elliott had quietly amassed what is now a 4% stake in Twitter in recent weeks, becoming one of the company's biggest investors.Top among its complaints was Dorsey's unusual role as the chief executive of two publicly traded companies: Twitter and Square, the financial services company he also cofounded. That split attention, the hedge fund argued, contributed to Twitter falling behind rivals in increasing its stock price and adding innovative new products.The settlement also lays the groundwork for eventually replacing Dorsey. Twitter agreed to create a new committee of five directors, including Durban and Cohn, that would study the company's succession planning and leadership structure and recommend any changes by the end of the year. Elliott's campaign was not the first leadership challenge that Dorsey had faced in his tenure at Twitter. In 2008, he was fired from the social media company he cofounded, then was brought back in 2015. A year later, Mr. Dorsey withstood an acquisition effort by Salesforce.Twitter's share price has not increased significantly since Dorsey's return in 2015, when it was $36. |
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MUMBAI: State Bank of India (SBI) will submit its rescue plan for Yes Bank within a week to the Reserve Bank of India (RBI) that will likely entail a maximum investment of Rs 6,000 crore for a 26% stake. The plan may involve a similar amount to be invested by a group of global investors, said people aware of the matter. The RBI is also firming up plans to provide liquidity support of at least Rs 8,000-10,000 crore to stem any flight of deposits once the moratorium on Yes Bank is lifted."RBI governor Shaktikanta Das and SBI chairman Rajnish Kumar met on Monday to firm up the plans on Yes Bank's reconstruction scheme. Liquidity support from the RBI for Yes Bank is also on the anvil," said one of persons. "The RBI liquidity line could be against a pledge of securities of a similar value. The details are being worked out."RBI-appointed administrator Prashant Kumar confirmed that Yes Bank had the support of RBI and SBI. "We have full support from the RBI as far as liquidity is concerned. There is no issue whatsoever," he said.ET reported March 9 that SBI is in talks with more than half-a-dozen investors, including Blackstone, Brookfield, Carlyle, TPG, KKR, JC Flowers and Goldman Sachs, for a potential investment in Yes Bank. The plan is to infuse fresh equity into the bank and have three-four marquee investors along with SBI and a few domestic institutions and individuals. SBI is keen to have external investors put in as much as Rs 15,500 crore but the timeline of one week is believed to have deterred some.74559530 The SBI chairman had said Saturday that there was interest from several investors and, at a base price of Rs 2,450 crore, an investment in the bank made sense. "Many potential investors have approached us after seeing the scheme… There are some very good names," Kumar had said.Bank will Need Rs 22,000 croreThe RBI, which superseded the Yes Bank board and imposed a 30-day moratorium on Thursday, announced a draft reconstruction plan that entails an equity investment of up to 49% by SBI.As per RBI's draft scheme, the state-owned lender is required to hold a minimum 26% in Yes Bank for at least three years. Analysts estimate that the maximum of Rs 10,000 crore that SBI plans to invest in Yes Bank is less than half of what it needs to stay afloat. The beleaguered bank will need at least Rs 22,000 crore, half of which will have to come from non-SBI investors. The magnitude of the provisions required by the bank has prevented investors from infusing funds in the past.
Source: ET
Posted: 09 Mar 2020 06:46 PM PDT
MUMBAI: Yes Bank administrator Prashant Kumar assured depositors that their money was safe and said the ₹50,000 limit on withdrawals could be lifted as early as the end of the week if the restructuring plan gets implemented by then."It would be correct to say that the moratorium could be lifted by Saturday. We are working overnight to do this much before the RBI deadline," he told ET. "Once the moratorium is lifted, normalcy will be restored. The outer date is April 3. I would like to assure all depositors: There is absolutely no need to worry or panic. Your deposits are absolutely safe. Our top priority is to make banking services seamless and hassle-free for our customers."The lender has the backing of the Reserve Bank of India (RBI) and State Bank of India (SBI) to deal with any flight of deposits, he said. A former SBI chief financial officer, Kumar was appointed by the RBI after it superseded the Yes Bank board and imposed a 30-day moratorium on March 5 as part of a rescue plan led by SBI that was proposed the next day.Situation Under Control: Kumar"We have full support from the RBI as far as liquidity is concerned. There is no issue whatsoever," he said. Clarity on liquidity support for Yes Bank will emerge in three-four days, after which the lender expects to lift the cap on withdrawals.He acknowledged that some depositors may choose to take their money elsewhere."Flight of deposits is expected. I don't envisage a situation where this won't happen," Kumar said. "But since State Bank of India has already agreed to be the equity partner, its brand name will stem the deposit flow. Also, in the next three to four days more clarity is expected to come on the capital side as well from the RBI."Kumar said the situation was under control after panic last week, when long queues were seen outside Yes Bank ATMs with customers unable to withdraw cash."I acknowledge that customers have faced hassles, but not a single unpleasant incident happened at any of our branch or ATMs. After the initial hiccup, our customers are also responding very well to the situation," Kumar said. "My staff is very responsive. They have been working day and night to smoothen customer interface. The ATMs were up and running on the first day itself. On Saturday, ATMs of other banks were also accessible to our customers. I'm getting very good feedback from the customers. Today, we didn't even find rush in our branches, so it is normalising very quickly."He also rejected speculation over a possible merger and said Yes Bank will remain a separate entity."There is no question of a merger. I don't think that will happen," Kumar said. "SBI has said publicly that it will invest 49%, we are also in discussions with other investors which is being led by SBI. I am confident that in a couple of days the issue about the capital requirement would be taken care of, but the whole understanding and the clarity would come in the next couple of days along with our declaration of the December quarter results."Third-quarter earnings are due to be announced on March 14. The new board will be announced when the moratorium is lifted."The day the moratorium is lifted, there will be a notification through which the board will be reconstituted. Once the new board is in, it will meet and decide the future course of action," he said. "I have been communicating directly to both customers and employees, messages and emails were sent from my desk on the first day of my coming in."Kumar said he couldn't comment on what his role would once the SBI plan was implemented. "As far as my role is concerned, you will have to ask the RBI," he said. SBI's participation meant that there was no risk to depositors."We will also reach out to the customers to assure them that nothing untoward will happen to their monies. They are dealing with a much-better-governed Yes Bank now," he said. "This bank now has the backing of SBI. I firmly believe that our customers will understand that and keep their deposits and businesses with our bank."
Source: ET
Posted: 09 Mar 2020 06:46 PM PDT
MUMBAI: State Bank of India (SBI) will submit its rescue plan for Yes Bank within a week to the Reserve Bank of India (RBI) that will likely entail a maximum investment of Rs 6,000 crore for a 26% stake. The plan may involve a similar amount to be invested by a group of global investors, said people aware of the matter. The RBI is also firming up plans to provide liquidity support of at least Rs 8,000-10,000 crore to stem any flight of deposits once the moratorium on Yes Bank is lifted."RBI governor Shaktikanta Das and SBI chairman Rajnish Kumar met on Monday to firm up the plans on Yes Bank's reconstruction scheme. Liquidity support from the RBI for Yes Bank is also on the anvil," said one of persons. "The RBI liquidity line could be against a pledge of securities of a similar value. The details are being worked out."RBI-appointed administrator Prashant Kumar confirmed that Yes Bank had the support of RBI and SBI. "We have full support from the RBI as far as liquidity is concerned. There is no issue whatsoever," he said.ET reported March 9 that SBI is in talks with more than half-a-dozen investors, including Blackstone, Brookfield, Carlyle, TPG, KKR, JC Flowers and Goldman Sachs, for a potential investment in Yes Bank. The plan is to infuse fresh equity into the bank and have three-four marquee investors along with SBI and a few domestic institutions and individuals. SBI is keen to have external investors put in as much as Rs 15,500 crore but the timeline of one week is believed to have deterred some.74559530 The SBI chairman had said Saturday that there was interest from several investors and, at a base price of Rs 2,450 crore, an investment in the bank made sense. "Many potential investors have approached us after seeing the scheme… There are some very good names," Kumar had said.Bank will Need Rs 22,000 croreThe RBI, which superseded the Yes Bank board and imposed a 30-day moratorium on Thursday, announced a draft reconstruction plan that entails an equity investment of up to 49% by SBI.As per RBI's draft scheme, the state-owned lender is required to hold a minimum 26% in Yes Bank for at least three years. Analysts estimate that the maximum of Rs 10,000 crore that SBI plans to invest in Yes Bank is less than half of what it needs to stay afloat. The beleaguered bank will need at least Rs 22,000 crore, half of which will have to come from non-SBI investors. The magnitude of the provisions required by the bank has prevented investors from infusing funds in the past.
Source: ET
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