SARASIJ

HINDENBURG RESEARCH--II ANOTHER FALSE FINANCIAL REPORT WEAPONISED FOR: 1.0-BLACK ECONOMIC GAIN   2.0- POLITICAL UNSTABILITY SARASIJ MAJUMDER   Hindenburg Research did it again—but missed the ‘BULL’S EYE’ BY YARDS. I was waiting for the ‘Dust’ to settle down before I take up pen on this. Founder and researcher Nathan Anderson of Hindenberg Research refers to himself as An Activist Short Seller.   You see—there is a ‘Conflict of interest’!! Well known for its financial agenda against INDIA, and also shorting overvalued stocks, initially gained some support from a group of ‘BIASED” people of India under the false pretence  of exposing the Adani Group in early 2023. Many viewed this as financial activism that promotes market transparency. But after some time, it’s real intent was exposed. The Financial Market ignored the ‘REPORT’ and responded accurately, transparently, and honestly. The research firm has now shifted its focus to discrediting SEBI by alleging links

  BUDGET SPEECH OF FM-2024 SELECTIVE EXTRACTION-PART:3/3 EXTRACTED BY: SARASIJ MAJUMDER   CONTINUED AFTER PART-2 /3-- CONCLUDED ( IMPORTANT) INDIRECT TAXES I start with GST. It has decreased tax incidence on the common man; reduced compliance burden and logistics cost for trade and industry. My proposals for customs duties intend to support domestic manufacturing, deepen local value addition, promote export competitiveness, and simplify taxation, while keeping the interest of the general public and consumers surmount. To provide relief to cancer patients, I propose to fully exempt three more medicines from customs duties. 120. I also propose changes in the BCD on x-ray tubes & flat panel detectors for use in medical x-ray machines. I now propose to reduce the BCD on mobile phone, mobile PCBA and mobile charger to 15 per cent. I propose to fully exempt CD on 25 critical minerals and reduce BCD on two of them. To support energy transition, I propose to expand th

  BUDGET SPEECH OF FM-2024 SELECTIVE EXTRACTION-PART:2 EXTRACTED BY: SARASIJ MAJUMDER CONTINUED AFTER PART-1 Shipping industry: Ownership, leasing and flagging reforms will be implemented. We will set up a Critical Mineral Mission for domestic production, recycling of critical minerals, and overseas acquisition of critical mineral assets. Our government will launch the auction of the first tranche of offshore blocks for mining, building on the exploration already carried out. An Integrated Technology Platform will be set up for improving the outcomes under the Insolvency and Bankruptcy Code (IBC) for achieving   consistency, transparency, timely processing and better oversight for all stakeholders. Voluntary closure of LLPs -- The services of the Centre for Processing Accelerated Corporate Exit (C-PACE) will be extended for voluntary closure of LLPs to reduce the closure time. National Company Law Tribunals 61. The IBC has resolved more than 1,000 companies, resulting

  BUDGET SPEECH 2024: FM SELECTED EXTRACTS-PART-1 EXTRACTED BY:SARASIJ MAJUMDER   The global economy, while performing better than expected, is still in the grip of policy uncertainties. In this context, India’s economic growth continues to be the shining exception and will remain so in the years ahead. In the interim budget, we need to focus on 4 major castes, namely ‘Garib’ (Poor), ‘Mahilayen’ (Women), ‘Yuva’ (Youth) and ‘Annadata’ (Farmer). For Annadata, we announced higher Minimum Support Prices a month ago. Administrative actions for approval and implementation of various schemes announced in the interim budget are well underway. The required allocations have been made. In this budget, we particularly focus on employment, skilling, MSMEs, and the middle class. I am happy to announce the Prime Minister’s package of 5 schemes and initiatives to facilitate employment, skilling and other opportunities for 4.1 crore youth over a 5-year period with a central outlay of ` 2

  SEBI ISSUED NOTICE TO HINDENBURG SARASIJ MAJUMDER BACKGROUND:- The opposition, Left Liberendoos, and paid   MEDIA— brayed heavily, once this HINDENBURG   report was mischievously planned and   published to tarnish the respectful IMAGE of   our PM, GOI,   effect financial loss to ADANI,   earn money in questionable manner,   and defame INDIA   as a whole. As the saying goes—“If you become successful, you will have enemies” The circle is almost complete now. Request a careful reading. SEBI’S INVESTIGATION Market regulator Securities and Exchange Board of India (SEBI), as per directions by the Supreme Court, has issued a show-cause notice   (SCN)   to Hindenburg Research, its sole beneficial owner Nathan Anderson and Mark Kingdon who is the ultimate beneficial owner of Mauritius-based entities, for trading violations in the scrip of Adani Enterprises (NS: ADEL ), leading up to Hindenburg report and thereafter. In the show-cause notice, it is alleged that Hindenburg collu